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Dogecoin’s Bull Run, Bitcoin (BTC) Uncertainty Around $70K, Dogwifhat (WIF) Rally: Bits Recap April 1
BTC solidified around $70K, DOGE is among the best performers on a weekly scale, while WIF keeps hitting new ATHs.
Cryptopotato·2024/04/01 09:37
Bitcoin Loses $70K Level, Bitcoin Cash Soars 12% Ahead of Second Halving (Market Watch)
Bitcoin Cash’s second halving is about to take place tomorrow, according to current estimations.
Cryptopotato·2024/04/01 09:37
Bitcoin lingers below $70,000 as sideways price action continues
Quick Take The world’s largest cryptocurrency traded below $70,000 on Monday. Bitcoin halving is expected to occur later this month.
The Block·2024/04/01 07:30
Liquid restaking platforms jump to near $8 billion in total value locked
The total value locked in liquid restaking tokens is nearing $8 billion. Etherfi leads in TVL among liquid restaking tokens (LRTs) with over $3.2 billion, followed by Renzo, Puffer, and others.
The Block·2024/04/01 06:34
Dogwifhat en route to $10? WIF is now the third-biggest memecoin as whales hold tight
Bitget·2024/04/01 05:40
It is less than 3 days until the BCH halving is expected
·2024/04/01 05:31
Telegram enables Toncoin payments for in-platform ad purchases
Telegram lets users buy channel advertisements with Toncoin. The platform plans to share 50% of ad revenue with owners of public channels.
The Block·2024/04/01 05:12
Flash
21:02
Oracle's Data Center Spending Exceeds Expectations, Shares Drop Over 7% After Hours On June 11, Oracle reported quarterly capital expenditures that exceeded expectations, raising investor concerns about the profitability of the company's AI infrastructure business. Oracle's stock fell over 7% in after-hours trading. For the fiscal quarter ending May 31, the company's capital expenditures totaled $15.9 billion, bringing the total for the year to $55.7 billion, higher than Oracle's previous forecast of $50 billion. Oracle's adjusted earnings per share for the fourth quarter were $2.11, compared to an expectation of $1.97; adjusted revenue for the fourth quarter was $19.18 billion, above the expected $19.09 billion; and fourth-quarter cloud infrastructure revenue (IaaS) was $5.79 billion, estimated at $5.72 billion. Oracle expects total revenue growth of 27% to 29% in the first quarter. The company anticipates adjusted earnings per share for the first quarter to be between $1.72 and $1.76, while the market expectation is $1.69. Oracle projects to raise approximately $40 billion through debt and equity financing by fiscal year 2027, which includes a previously announced $20 billion market-priced issuance plan.
20:21
U.S. Stock Indices Close Lower All three major U.S. stock indices closed lower, with the Dow Jones down 1.88%, the Nasdaq down 1.98%, and the S&P 500 down 1.61%. Chip stocks fell sharply, with Qualcomm dropping over 6%, Broadcom, Western Digital, and ARM down over 5%, and TSMC, Micron Technology, and AMD down over 4%. NVIDIA fell 3.7%. Alcoa dropped 9.5%, marking its worst single-day performance since April 2025. Advanced Micro Devices closed down 28%, the largest decline since March.
17:54
Amazon Secures $17.5 Billion Loan Facility Led by Citigroup On June 11, Amazon disclosed in regulatory filings that it has signed a loan agreement totaling $17.5 billion with a syndicate led by Citigroup. According to the regulatory documents submitted on Wednesday, the lenders have agreed to provide this delayed draw term loan (DDTL), which will remain available until the end of September this year. Amazon is required to repay any borrowed amounts within three years from the date of borrowing. The interest rate on the loan will be based on the secured overnight financing rate (SOFR), plus an additional 0.625 to 0.875 percentage points, depending on Amazon's credit rating. Other banks participating in this transaction include JPMorgan Chase, Bank of America, HSBC, and Wells Fargo, along with a dozen other banks involved in the financing.
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