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Bitcoin halving was 'not priced in' despite recent correction, analyst says
Bitcoin halving was 'not priced in' despite recent correction, analyst says

Significant bitcoin value expectations were not priced into the market prior to the halving event, despite the asset’s price dropping by over 7% in the past week, an analyst said.

The Block·2024/04/26 15:46
No Soft Landing: Here’s Why Robert Kiyosaki Believes the American Economy Is in Depression
No Soft Landing: Here’s Why Robert Kiyosaki Believes the American Economy Is in Depression

Kiyosaki explained depression as an economy experiencing subpar growth, which is the case for the American economy, despite technically growing.

Cryptopotato·2024/04/26 14:58
Flash
02:46
Ansem: Seasonal Factors Combined with CPI Will Cause Continued Correction in US Stocks, But Not an Immediate Shift from Tech Stocks to Crypto
BlockBeats News, June 10th, Cryptocurrency KOL Ansem stated that the upcoming CPI data, next week's first FOMC meeting under Powell, and the dot plot overlaying the stock market's sustained strength and summer seasonal factors may trigger a risk-off market and establish a bottom in the coming months. Ansem also believes that there will be no rotation of funds from tech stocks to BTC or ETH at the moment, and specifically mentioned that MSTR stock is extremely weak with insufficient support below. This morning, Ansem stated that he shorted ETH at $1640, plans to add to his position in the $1680-1700 range, with a stop-loss at $1735.
02:42
US Stock Trader 'yixie' Buys the Dip on Micron Technology, Opens New $8.07 Million MU Long Position
BlockBeats News, June 10th, according to Hyperinsight monitoring, last night after a general plunge in the U.S. stock market, Hyperliquid platform stock trader yixie (X: yixie10) continued to support the bottom by buying MU (Micron Technology) long positions, eventually completing the bottom fishing at an average price of $878.8, longing 8,949 shares with 2x leverage, worth approximately $8.07 million. Address: 0xa65ce1d604fa901c13aa29f2126a57d9032e412b
02:34
Goldman Sachs: Japan's Semiconductor Industry to Experience Largest Boom Ever
BlockBeats News, June 10th, Goldman Sachs' latest research report stated that the AI server and Edge AI/Phyiscal AI infrastructure boom will propel the Japanese electronic components and semiconductor industry into one of the largest and longest cycles in history. Currently in its early stages, industry profits, CROCI, and ROE are expected to surpass historical peaks across the board. The report significantly raised the target prices of Japanese listed companies Ibiden, Murata Manufacturing, Taiyo Yuden, Renesas Electronics, and Rohm Semiconductor. It emphasized that the market focus is shifting from AI infrastructure to device proliferation, and Japan's core suppliers will benefit significantly.
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