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Bitcoin market capitalization hits new all-time high after more than two years
Bitcoin market capitalization hits new all-time high after more than two years

The market capitalization of the world’s foremost cryptocurrency reached a new all-time high of $1.303 trillion in U.S. dollar terms.Bitcoin’s previous market capitalization peak was in November 2021.

The Block·2024/03/04 15:14
Memecoins 'rallying hard' as retail-based market participation increases: QCP Capital
Memecoins 'rallying hard' as retail-based market participation increases: QCP Capital

Memecoins are ‘rallying hard’ as retail-based market activity increases, analysts said.There are now seven memecoins in the top 100 cryptocurrencies by market capitalization.

The Block·2024/03/04 14:11
Crypto funds saw record $30 billion in trading volume last week, dominated by bitcoin
Crypto funds saw record $30 billion in trading volume last week, dominated by bitcoin

Global digital-asset investment products witnessed a record trading volume of $30 billion last week, according to CoinShares.The crypto funds also registered their second-largest weekly net inflows of $1.8 billion, dominated by U.S. spot bitcoin ETFs.

The Block·2024/03/04 12:56
DeFi poised for major comeback amid Bitcoin’s rally, predict Bernstein analysts
DeFi poised for major comeback amid Bitcoin’s rally, predict Bernstein analysts

Quick Take With bitcoin approaching all-time highs, Bernstein analysts expect a “big bang” DeFi recovery comes next. The analysts anticipate a broad-based market recovery, with DeFi leading the charge.

The Block·2024/03/04 11:17
Bitcoin Jumps Past $65K, Shiba Inu and Dogecoin Soar by 25% Daily (Market Watch)
Bitcoin Jumps Past $65K, Shiba Inu and Dogecoin Soar by 25% Daily (Market Watch)

The meme coins are back at it again, with more impressive daily increases.

Cryptopotato·2024/03/04 10:13
Tether USD stablecoin supply inches close to 100 billion
Tether USD stablecoin supply inches close to 100 billion

The dollar-pegged stablecoin has a current supply at its all-time high range of around 99.5 billion.Tether, USDT’s issuer, recorded its highest net profit of $2.9 billion in the fourth quarter of 2023, according to its attestation report.

The Block·2024/03/04 09:35
Flash
11:47
Nasdaq Establishes Economic Research Institute, with AI as the First Key Research Area
BlockBeats News, June 9th, Nasdaq announced the establishment of the Nasdaq Economics Research Institute, aimed at conducting research on key issues affecting the global economy and capital markets. Specifically, Artificial Intelligence (AI) has been identified as the institute's first key research area after its establishment. The institute will focus on analyzing the long-term impact of AI on productivity, the labor market, corporate operations, capital allocation, and financial market development, providing research support and insights to investors, businesses, and policymakers.
11:40
CNCERT Issues Alert on AI Skills Jailbreaking and Mining Risks
On June 9, the National Internet Emergency Center (CNCERT) issued a statement indicating that certain AI skill packages aimed at large models are being disseminated under the guise of 'jailbreaking large models' and 'earning money through mining.' These skills are used to bypass model security restrictions or induce users to perform mining operations. The specifically mentions the skill 'godmode,' which achieves jailbreaking through methods such as replacing system prompts and input obfuscation, potentially leading to the generation of illegal content, triggering service bans on large models, and risking privacy breaches. The skill 'Bonero-Miner' guides users to download mining programs and mine the anonymous Bonero coin, posing risks of involvement in money laundering and economic losses due to high device load. CNCERT advises individuals and businesses to obtain skills only from official channels, strictly control permissions and access whitelists, and regularly clean up suspicious components.
11:39
JPMorgan Chase: US Stock ETF Inflows Offset Selling Pressure from Futures Market
BlockBeats News, June 9th. JPMorgan Chase stated that the US stock index futures market saw net sales of around $21 billion last week, with the majority of the selling pressure concentrated on Friday's S&P 500 Index and Nasdaq 100 Index futures contracts. However, stock ETFs witnessed inflows of $26.8 billion, not only fully offsetting the outflows from the futures market but also achieving an overall net inflow of funds. This indicates that despite increased market volatility, investors are actively allocating to US stock assets through ETFs. At the same time, fixed-income ETFs also attracted strong inflows, demonstrating rising investor demand for bond assets; while commodity funds and some emerging market funds experienced outflows. JPMorgan Chase pointed out that investors are rotating allocations among different sectors; however, overall, the market continues to maintain a bullish stance on stocks. This suggests that despite recent heightened market volatility, institutional funds have not shown signs of a massive exodus from risk assets but rather continue to hold a positive long-term view on the US stock market.
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