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Crypto Investment Funds Hit New High with $188 Billion Assets Amid $1 Billion Weekly Inflows
Crypto Investment Funds Hit New High with $188 Billion Assets Amid $1 Billion Weekly Inflows

Crypto investment funds have reached a record-breaking $188 billion in assets under management (AUM), fueled by a robust $1 billion inflow in the past week, marking a significant milestone in digital asset adoption.

DeFi Planet·2025/07/08 16:40
Meme Coin Peanut the Squirrel (PNUT) Rallies After Elon Musk’s Tweet
Meme Coin Peanut the Squirrel (PNUT) Rallies After Elon Musk’s Tweet

Solana-based meme coin Peanut the Squirrel (PNUT) surged over 10% after Elon Musk criticized U.S. authorities on X.

Coinspeaker·2025/07/08 16:00
Flash
13:16
Lockheed Martin invests $3.45 billion to strengthen its anti-submarine warfare business
```htmlGolden Ten Data reported on July 6 that as demand for maritime weapon systems surges, Lockheed Martin has agreed to acquire a naval defense company from private equity firm Advent for $3.45 billion. According to a statement released on Monday, this company, named Ultra Maritime, is being sold by Advent's CobhamUltra subsidiary. The Ultra Maritime official website states that the company specializes in anti-submarine warfare in the air, surface and underwater domains, covering sonobuoy detection, sonar systems and torpedo countermeasures, providing products and services to the navies of the United States, Canada, the United Kingdom and Australia.```
13:13
Cantor Fitzgerald: Optimistic about the recovery of MSTR and BTC correlation; STRC is key to restarting the capital engine
According to Odaily, Wall Street investment bank Cantor Fitzgerald stated that whether Strategy can restart its capital expansion cycle depends on restoring its preferred stock, STRC, back to the $100 par value level. The bank pointed out that repairing the STRC price is the core prerequisite for restarting the company's Bitcoin (Bitcoin) accumulation “capital engine” and will help stabilize the overall capital structure. After meeting with Executive Chairman Michael Saylor, Cantor Fitzgerald expressed greater confidence in management's plan to stabilize the balance sheet and restore financing capability. In the current market, STRC is trading at about $87.79; Strategy’s share price dropped 3.4% to $97.34, and the Bitcoin price is around $61,800. Cantor believes that STRC is the fundamental tool of Strategy’s financing system; its recovery will allow both preferred and common shares to benefit simultaneously and further strengthen the company’s ability to continue increasing its Bitcoin holdings. Currently, Strategy has already raised about $216 million through Bitcoin sales to fund preferred stock dividends and expects to continue increasing its cash reserves to support dividend stability. (CoinDesk)
13:13
Bank of America: Ferrari’s performance is expected to remain solid
Glonghui July 6|Bank of America Securities analysts wrote that Ferrari's second-quarter performance is likely to be solid, with an EBIT margin of 30.5%, compared to an average expectation of 30.6% and 29.7% in the first quarter. The bank expects that a stronger product mix and slightly higher average selling prices will provide support. Sales volume is expected to decline slightly as the 296 GTB is being phased out and the 849 Testarossa and Amalfi are only beginning to be gradually introduced. "We expect FY2026 estimates to be raised slightly, either in terms of revenue or EBIT margin." Bank of America added that the company has announced the launch of the new limited-edition 12Cilindri Manuale, which should help offset risks related to the Luce electric vehicle. The bank raised its target price for the stock from €350 to €400 and maintained a Buy rating. The share price rose 2.3% to €338.90.
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