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Bernstein expects bitcoin’s bullish trajectory to resume post-halving, reiterates $150,000 target
Bernstein expects bitcoin’s bullish trajectory to resume post-halving, reiterates $150,000 target

Analysts at Bernstein expect bitcoin’s bullish trajectory to resume post-halving, reiterating their $150,000 cycle target.Bitcoin’s next halving event, when the miners’ block subsidy reward gets cut in half, is now less than three days away.

The Block·2024/04/17 10:04
Solana-based betting platform Parcl loses 40% TVL after airdrop
Solana-based betting platform Parcl loses 40% TVL after airdrop

Parcl has lost 40% of its total value locked since early April, according to DefiLlama data.Other Solana-based airdrop tokens W and TNSR have seen significant declines in value.

The Block·2024/04/17 09:28
Bitcoin bids stack above $60K as hopes of a BTC price rebound build
Bitcoin bids stack above $60K as hopes of a BTC price rebound build

A classic tug-of-war between Bitcoin buyers and sellers is shaping up on order books, with a BTC price relief bounce sorely needed.

Cointelegraph·2024/04/17 09:25
BTC Still Shaky Below $64K Days Ahead of Halving, NEAR Soars 6% (Market Watch)
BTC Still Shaky Below $64K Days Ahead of Halving, NEAR Soars 6% (Market Watch)

PEPE has followed NEAR on the way up.

Cryptopotato·2024/04/17 09:13
Crypto market ‘underestimates the long-term impact’ of Bitcoin halving: Bitwise
Crypto market ‘underestimates the long-term impact’ of Bitcoin halving: Bitwise

In the month after past Bitcoin halvings, its price saw little movement — but in the next year, it saw significant gains, says Bitwise Asset Management.

Cointelegraph·2024/04/17 06:10
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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