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Elon Musk Pledges SpaceX Shares Worth $10.5B to 72M US Children

Elon Musk pledged to give one SpaceX share to every child in the United States next year, announcing the plan on X early Monday, October 19. The distribution could exceed $10.5 billion in value based on SpaceX's Friday closing price of $146.03 and approximately 72 million U.S. children under 18. Mus
SPCX2.77%
GateMacroTradfiHub·22m ago
Elon Musk Pledges SpaceX Shares Worth $10.5B to 72M US Children

Machi's Trading Account Drops to $5,682 After $779K Papertrade Loss

Machi's trading account balance has dropped to $5,682 following significant losses on the Papertrade platform, according to data shared by @lookonchain. The trader deposited $261K yesterday but accumulated a total trading loss of $779K, resulting in a net loss of $382K despite earning $394K in
USDC-0.01%
GateCryptoFrontier·33m ago
Machi's Trading Account Drops to $5,682 After $779K Papertrade Loss

South Korean President Lee Says Stock Market Deeply Undervalued

South Korean President Lee Jae-myung stated on October 19 that the country's stock market remains deeply undervalued and announced his administration is reviewing additional measures to strengthen market confidence. Speaking to reporters at the Chunchugwan press center at the presidential office, Le
Bloomingbit·34m ago
South Korean President Lee Says Stock Market Deeply Undervalued

USDG Gains Adoption on Arbitrum with Symbiosis Support

USDG is experiencing adoption growth on the Arbitrum platform, supported by Symbiosis. The development was highlighted in a tweet from @arbitrum, indicating increased relevance of USDG as a stablecoin. Symbiosis, an entity in the crypto sector, is providing backing that adds credibility to USDG's po
ARB10.14%
SIS1.25%
GateEcosystemHub·44m ago
USDG Gains Adoption on Arbitrum with Symbiosis Support

US Budget Deficit Widens to $1.99T in Fiscal Year 2026

The US government fiscal budget deficit widened to $1.99 trillion for fiscal year 2026, up from $1.78 trillion in the prior year. The increase was driven by a 6% rise in spending, primarily from healthcare and social security costs, while revenue grew only 3%. The deficit now stands at 6% of GDP, re
GateCryptoFrontier·45m ago
US Budget Deficit Widens to $1.99T in Fiscal Year 2026

Metaplanet Invests 2,100 BTC for 93.7% Stake in Super League Rebrand

Metaplanet secured shareholder approval from Super League for an investment comprising 2,100 BTC and $2.5 million in cash, granting Metaplanet approximately 93.7% ownership of Super League's common stock. The deal positions Super League to rebrand as Superplanet and operate as a U.S.-listed
BTC1.25%
GateCryptoDesk·1h ago
Metaplanet Invests 2,100 BTC for 93.7% Stake in Super League Rebrand