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Bitcoin (BTC) Futures Volume Surges to $82 Billion Amid Rising Short Positions
Bitcoin (BTC) Futures Volume Surges to $82 Billion Amid Rising Short Positions

Bitcoin futures volume surged to $82.8M, but a rise in short positions suggests traders expect a correction. Will BTC drop or hit $116,000 next?

BeInCrypto·2024/12/17 08:30
Vana Mainnet Launches, $VANA Empowers Data as a New Asset Class in the Global AI Economy
Vana Mainnet Launches, $VANA Empowers Data as a New Asset Class in the Global AI Economy

During the Vana testnet, more than 1.3 million users contributed 6.5 million data points to train their personal AI models. On the mainnet, DataDAO will leverage $VANA tokens to allow users to collectively own, monetize, and manage their own data, taking a seat in the rapidly growing AI economy.

BlockBeats·2024/12/17 03:56
Bitget’s BGB Surges to All-Time High, $4 Price Target in Sight
Bitget’s BGB Surges to All-Time High, $4 Price Target in Sight

Bitget’s BGB surged to a record $3.65, powered by bullish sentiment following its BSP license approval. A $4 price target is within reach if momentum holds.

BeInCrypto·2024/12/17 01:09
Flash
04:53
Nomura: LG Display’s Q2 loss may exceed expectations due to restructuring costs
Golden Ten Data, June 29 — Nomura analysts Eon Hwang and YJ Kim stated that, due to one-time costs from business restructuring, LG Display's second-quarter loss may exceed market expectations. The analysts estimate an operating loss of about 96 billion KRW for the second quarter, while the market average expectation is a loss of 55 billion KRW. Excluding one-time costs, the company's core business may show some improvement. The analysts added that, driven by the FIFA World Cup, its second-quarter OLED TV panel shipments may grow by 9.7% year-on-year, while its OLED monitor shipments may have surged by 86%.
04:50
Royal Bank of Canada: Raises S&P 500 target from 7,900 to 8,150
Odaily reports that Royal Bank of Canada has raised the 12-month target for the S&P 500 Index from 7,900 to 8,150. (Golden Ten Data)
04:50
Wallet coldsway lost 3.97 million dollars in World Cup predictions
According to monitoring by Onchain Lens, the wallet coldsway, created two days ago, has accumulated losses of over 3.97 million USD from predictions on three World Cup matches. Of this, it lost 3.14 million USD on South Africa vs. Canada, lost 1.97 million USD on Colombia vs. Portugal, and gained 1.06 million USD on Croatia vs. Ghana.
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