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Spartan Capital leads $10 million strategic funding round for Bitcoin DeFi developer ALEX
Spartan Capital leads $10 million strategic funding round for Bitcoin DeFi developer ALEX

ALEX raised $10 million in a strategic funding round led by Spartan Capital. ALEX leverages Layer 2s, bridges, oracles and other infrastructure to create a Bitcoin-specific decentralized finance layer.

The Block·2024/03/26 13:05
BadgerDAO launches stETH-backed synthetic bitcoin, rewarding users for taking out loans
BadgerDAO launches stETH-backed synthetic bitcoin, rewarding users for taking out loans

BadgerDAO has launched eBTC — an ether-backed, synthetic bitcoin token in collaboration with liquid staking platform Lido. The token enables users to get paid to borrow synthetic bitcoin without any upfront fees or interest.

The Block·2024/03/26 13:05
An unidentified Bitcoin address just moved $6 billion in BTC to three new addresses
An unidentified Bitcoin address just moved $6 billion in BTC to three new addresses

A Bitcoin address that has been dormant since 2019 moved $6 billion of bitcoin over the weekend. It’s unclear who owns the address and it doesn’t appear to be affiliated with an exchange.

The Block·2024/03/26 11:35
Crypto Markets Add $150B Overnight as BTC, ETH Soar to 10-Day Peaks (Market Watch)
Crypto Markets Add $150B Overnight as BTC, ETH Soar to 10-Day Peaks (Market Watch)

The total crypto market has skyrocketed to over $2.8 trillion after dumping below $2.5 trillion last week.

Cryptopotato·2024/03/26 10:04
Flash
06:26
Analyst: BMW's stock price is expected to drop significantly after issuing a profit warning
Glonghui, June 17 | Royal Bank of Canada Capital Markets analyst Tom Narayan wrote that after BMW lowered its expectations and warned that the visibility of business improvement is limited, the automaker's stock price is expected to fall sharply this morning. He added that although BMW is expanding its cost-cutting plans, the related restructuring expenses will bring additional one-off negative impacts in the second half of the year.
06:25
Barclays strategists upgrade European stocks rating to “market weight plus” level
Glonghui June 17|Barclays strategists have upgraded the rating of European stocks to "market-weight plus"; European luxury stocks have been upgraded to "overweight."
06:20
UOB Kay Hian: Indonesia is expected to retain its MSCI Emerging Markets status, which is favorable for market evaluation or could boost the market
(1) The UOB Kay Hian Indonesia research team stated that in the upcoming MSCI assessment in June, Indonesia is likely to retain its emerging market status. (2) In late January this year, MSCI pointed out that Indonesia faced investability issues, which could lead to a downgrade to “frontier market” status. Although the Indonesia Stock Exchange has implemented reforms to improve transparency and free float, MSCI may continue to monitor market accessibility. (3) A favorable assessment outcome would serve as a near-term catalyst to reignite foreign investor interest and have a positive impact on the Indonesian market.
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