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Bitget·2024/07/02 05:03
Bitcoin miner Northern Data mulls US IPO of AI unit as early as 2025: report
Bitcoin miner Northern Data mulls US IPO of AI unit as early as 2025: report

Quick Take Northern Data AG is consulting potential advisers for an initial public offering in the U.S., Bloomberg reported. The company’s expected value ranges from $10 billion to $16 billion.

The Block·2024/07/02 04:13
Ethereum Suffers $61M Outflows, Worst Performance Since August 2022
Ethereum Suffers $61M Outflows, Worst Performance Since August 2022

Ethereum experienced the largest outflows since August 2022, as per CoinShares.

Cryptopotato·2024/07/02 03:43
Polkadot spent $37M on marketing – It was NOT worth it
Polkadot spent $37M on marketing – It was NOT worth it

Share link:In this post: Polkadot spent $37 million on marketing in the first half of the year, sparking community outrage. The $37 million included sponsorships, influencer marketing, and events, but failed to yield expected results. Its cash and assets total $188 million, projected to last another two years at the current spending rate.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. W

Cryptopolitan·2024/07/02 02:40
Flash
14:09
Trump: Deal Reached to Boost US Stocks and Lower Oil Prices, Press Conference to Be Held Shortly
BlockBeats News, June 17th, U.S. President Trump announced on social media, "I will hold a press conference in France in 45 minutes. Afterwards, I will head to the Palace of Versailles to have dinner with the leaders of France and other European countries, and then return to the U.S. tonight. This visit has been a great success, but the main topics everyone wants to talk about are that Iran will not have nuclear weapons and the immediate opening of the Strait of Hormuz! The U.S. economy is performing excellently, with the current employment rate reaching a historic high. The U.S. has attracted over $19.1 trillion in investment, with thriving factories and industries. Importantly, due to the agreement reached, the stock market has been soaring recently, and at the same time, oil prices are plummeting!"
14:04
Trump: Oil Prices Plunging, Hormuz Will Open Immediately After Signing Agreement
BlockBeats News, June 17th, President Trump of the United States stated that oil prices are plummeting and reiterated that the Strait of Hormuz will open immediately after the signing of the agreement. (FX168)
13:48
Fidelity says Waller's explanation of inflation after the Federal Reserve decision may trigger volatility in the bond market
Fidelity Fixed Income Portfolio Manager Julian Potenza stated that after bond investors digest the Federal Reserve’s policy statement and summary of economic projections on Wednesday, Waller’s post-decision appearance could become a catalyst for market volatility. This is an interesting situation, because although no one really expects the Federal Reserve to actually take action, there is indeed some risk of volatility since we don’t know what Waller will communicate. It is not uncommon for markets to test a new chair. (Bloomberg)
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