Odaily’s midday brief collected several crypto-related updates involving SpaceX, SIREN, SPCX, Pudgy Penguins, Zcash and whale positions. The report highlighted disclosed Bitcoin holdings, tokenized equity pricing, leveraged exposure, unrealized gains and losses, as well as project-level product and security developments.
SpaceX holdings and SPCX-related activity
SpaceX disclosed that it holds 18,712 BTC, with the position valued at $1.18 billion. In a separate SpaceX-linked market update, the SpaceX equity token listed on PreStocks is trading at a discount of nearly 30% compared with the real SPCX share price, due to a 180-day lock-up restriction.
The brief also cited SPCX whale activity. One whale used 5x leverage to go long 54,986 SPCX, with current unrealized profit exceeding $1.18 million. Another whale position mentioned in the brief is tied to ASTEROID, where the holder is facing an unrealized loss of $1.53 million, equivalent to an 84% loss.
SIREN sell-off, Pudgy Penguins closure and Zcash audit
For SIREN, the controlling party sold 17 million tokens, causing the token price to be cut in half. Pudgy Penguins officially shut down its mobile game Pudgy Party. Zcash founder said the Zcash security audit had been completed using Mythos, and no serious vulnerabilities were found.
The brief also included two broader updates. A Standard Chartered analyst said Bitcoin had bottomed at $59,000 and that the crypto winter was over. Iranian media reported that Iran’s foreign minister damaged Iran’s negotiating position in order to align with Trump’s route. These items made up the main points of Odaily’s latest midday roundup.