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How Axelar Intends to Connect Bitcoin with Over 65 Other Chains
Dailycoin·2024/05/08 19:49
SEC argues $2 billion penalty against Ripple is needed, slams $10 million counterproposal
The SEC has said that Ripple should pay close to $2 billion in fines for selling XRP to institutional investors. Ripple has argued that that figure should be closer to $10 million.
The Block·2024/05/08 19:19
Ethereum's Dencun upgrade is making ETH inflationary again: CryptoQuant
The new supply of ether is growing at its fastest daily rate since the Merge, as the amount of fees burned has plummeted following the Dencun upgrade, analysts said.
The Block·2024/05/08 19:16
Price analysis 5/8: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Cointelegraph·2024/05/08 19:10
Is Polkadot Bound for a Massive Move Following Consolidation Around $7? (DOT Price Analysis)
Cryptopotato·2024/05/08 17:22
Is it Time to Buy Solana (SOL) Following the Recent Correction? This Trader Chips In
Various crypto analysts predict that SOL is on the verge of a massive bull run: check out which ones.
Cryptopotato·2024/05/08 17:22
US spot Bitcoin ETFs saw a net inflow of approximately $26.3 million on May 8
Lookonchain·2024/05/08 15:46
Ethereum (ETH) Capital Inflows Pales in Comparison to Bitcoin (BTC)
Ethereum’s capital inflows have failed to match the surge seen in bitcoin, highlighting a divergence in investor interest.
Cryptopotato·2024/05/08 15:37
zkSync 'hyperchain' Sophon raises $60 million via node sale
Sophon, a zkSync ‘hyperchain,’ has raised $60 million via a node sale. Investors included Maven 11, Paper Ventures, Spartan Group and SevenX Ventures.
The Block·2024/05/08 14:04
Mode Token Surges 5,000% as $550M Airdrop Begins – 3 Other Airdrops to Watch
Cryptodaily·2024/05/08 13:34
Flash
09:46
A certain whale has opened a $52 million short position, becoming the largest BTC bear on Hyperliquid.BlockBeats News, June 9th, according to Hyperinsight monitoring, the largest short position on BTC on Hyperliquid today was observed. The whale opened a short position with 20x leverage, shorting 831.4 BTC, with a value of approximately $52 million, at an average price of $62,675 and a liquidation price of $69,909.
However, this whale is not a long-term bear. They engage in quick trades on BTC and ETH, achieving a 9-game winning streak and a weekly profit of $710,000.
Address: 0x50b309f78e774a756a2230e1769729094cac9f20
08:49
Goldman Sachs Raises Micron's Price Target from $400 to $900BlockBeats News, June 9th. Goldman Sachs released a report stating that they expect continued market tightness to drive Micron's performance significantly above market consensus and company guidance. The firm had previously raised the overall industry outlook and anticipates the tightness to persist throughout the 2027 fiscal year, bringing higher pricing and profit margins to the industry. Considering the significant stock price increase and the market's optimistic view on long-term customer agreements, investors remain very bullish on the stock.
Goldman Sachs expects Micron's third-quarter revenue at the end of May to be about 9% higher than market consensus, and driven by pricing tailwinds, they anticipate significant sequential revenue growth for the quarter ending in late August. The firm forecasts last quarter's revenue, gross margin, and earnings per share to be $37.6 billion, 83.4%, and $22.07, respectively, compared to market consensus of $34.4 billion, 81.9%, and $19.74. For the 2026 fiscal year, the firm's revenue and EPS estimates for Micron are 30% and 36% higher than the market consensus. Goldman Sachs has raised Micron's price target from $400 to $900 and maintains a "Neutral" rating.
08:44
Revolut has officially launched PendleBlockBeats News, June 9th, according to an official announcement from Pendle, Europe's largest fintech company Revolut has officially launched Pendle.
Currently, around 20 million crypto users in the UK, EU, Norway, Iceland, and Liechtenstein can directly access Pendle through their everyday banking app to trade within regulated channels without the need for a DeFi front end.
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