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May 26 News Express
May 26 News Express

Cointime·2024/05/26 10:25
Donald Trump, once a Bitcoin skeptic, declares support for crypto in Truth Social post
Donald Trump, once a Bitcoin skeptic, declares support for crypto in Truth Social post

Shortly before his scheduled address at the Libertarian National Convention, former President Donald Trump declared he’s feeling “positive and open-minded” to the cryptocurrency industry. Trump had previously expressed distrust of cryptocurrencies, but has changed his opinion as part of the 2024 election cycle and following a Trump-branded NFT project.

The Block·2024/05/25 22:01
TD Cowen says Ethereum ETFs clear the way for more crypto funds
TD Cowen says Ethereum ETFs clear the way for more crypto funds

Fresh from the approval of spot Ethereum ETFs, the major investment bank sees approval of other funds, such as a fund that tracks a basket of coins, as only a matter of time, though the SEC’s internal approach to crypto hasn’t changed.

The Block·2024/05/25 20:13
Flash
08:59
Circle has minted an additional $500 million USDC on Solana in the last half hour
BlockBeats News, June 8th, according to Whale monitoring, Circle issued another 250 million USDC on Solana today at 16:53 (UTC+8). Within approximately half an hour, it has issued a total of 500 million USDC on Solana.
08:28
Institution: Tech Stock Plunge Not an AI Logic Reassessment, Key is to Watch Giant Capex Slowdown
BlockBeats News, June 8th. The Asian market on Monday continued last week's brutal sell-off, with the South Korean KOSPI index plummeting over 8%, led by the semiconductor sector. Mark Vale, Investment Director at Lucerne Asset Management, stated, "This wave of movement appears to be more of a unwind of positions and momentum strategies, rather than a reassessment of the long-term artificial intelligence story. South Korean tech stocks have long been among the best-performing stocks globally. With a highly concentrated market positioning, these stocks naturally became a source of liquidity when interest rate expectations shifted after last week's non-farm payroll report. The key question now is whether the AI spending of mega-cap companies will slow down. At this stage, we have not seen evidence of this."
08:26
Micron Technology Rises Over 7% in Pre-Market Trading
On June 8, Micron Technology rose over 7% in pre-market trading, following news that the company is set to be included in the SP 500 index.
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