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Boshi Fund currently holds 6,784 ETH, equivalent to approximately US$20.8 million
Cointime·2024/05/07 07:01
Airdrop claims are about to open, what is the valuation of Mode Network token MODE?
BlockBeats·2024/05/07 06:24
OP Stack-based Mode to begin initial distribution of 550 million tokens today
Quick Take Mode, a Layer 2 network developed on the OP Stack, is set to initiate airdrop claims for its governance token today. In the first phase, Mode will distribute 550 million tokens, representing 5.5% of the total 10 billion tokens.
The Block·2024/05/07 04:52
Grayscale’s spot bitcoin ETF logs second day of net inflows
Grayscale’s spot bitcoin trust recorded two consecutive days of net inflows after ending a 78-day streak of outflows last week.The 11 U.S.-based spot bitcoin ETFs reported a total daily net inflow of $217 million on Monday.
The Block·2024/05/07 04:40
The US government seized 3,940 BTC from drug dealers
Cointime·2024/05/07 02:49
Yesterday, the US Bitcoin ETF had a net inflow of $218 million
Cointime·2024/05/07 02:13
Market Dynamics on May 7: U.S. stocks rise, optimistic sentiment continues
Bitget·2024/05/07 02:02
Bitcoin miner Marathon Digital to join S&P SmallCap 600, shares jump 18%
Cointelegraph·2024/05/07 00:16
Crypto Analyst Nets 290 SOL as Solana Prices Climb
Coinedition·2024/05/06 22:37
SEC delays making a decision on the proposed Invesco Galaxy spot Ethereum ETF
The SEC set its next deadline to July 5, 2024 to approve or disapprove of the proposed spot ether ETF. Optimism for the SEC approving such a product has dwindled over the past few months
The Block·2024/05/06 22:04
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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