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1Bitget UEX Daily | US-Iran Sign Electronic Agreement; SpaceX Market Cap Surges and FAB10 Concept Emerges; Nvidia Issues Bonds to Expand AI Capacity (June 16, 2026)2Hormuz Strait Reopens: Will the Federal Reserve Pivot Dovishly and Will the Market Reprice Rate Cuts?3US Stock Market Financing Hits Historical Limit! Morgan Stanley Warns: A Deleveraging Storm is Brewing

Crypto Price Analysis Mar-8: ETH, XRP, ADA, SOL, and BNB

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin.

Cryptopotato·2024/03/08 11:58

BlackRock wants to buy spot Bitcoin ETFs for global allocation fund

Cointelegraph·2024/03/08 10:06

Is Bitcoin repeating its 2020 breakout? Here’s why $92.5K might be the next target

Rising Bitcoin ETF inflows and increasingly favorable technicals suggest that BTC price might rise above $90,000 in the coming weeks.

Cointelegraph·2024/03/08 08:50

Will Markets Surge With a $3 Billion Crypto Options Expiry Event?

Friday is crypto options contract expiry day and there is a large batch of Bitcoin and Ethereum contracts ready to go today.

Cryptopotato·2024/03/08 08:26

Solana (SOL) Exceeds $150 Amid Market Excitement

Bitget·2024/03/08 06:53

Optimism Foundation to sell $89 million worth of OP tokens in private sale to unknown buyer

Quick Take: Optimism Foundation announced it is privately selling roughly 19.5 million governance tokens. Neither the terms of the private sale nor the identity of the buyer have been disclosed. The tokens will be subject to a lockup period of two years.

The Block·2024/03/08 06:41

AI tokens are more hype than value right now, says Coinbase analyst

While some crypto-AI tokens continue to deliver profitable trades, the long-term sustainability of the ecosystem will require more than just decentralizing AI components.

Cointelegraph·2024/03/08 06:31

Base to support EIP-4844 from day 1 following Dencun upgrade

Quick Take: Ethereum Layer 2 Base is expected to support the Dencun upgrade from day one, including EIP-4844, to reduce network fees. The team predicted a reduction of over ten times on the network following the upgrade.

The Block·2024/03/08 05:49

Ness LAB (NESS): Pioneering the Future of Blockchain and Information Economy

Bitget·2024/03/08 05:47

US to challenge Do Kwon’s South Korea extradition: Bloomberg

Quick Take: U.S. prosecutors will continue to seek Do Kwon’s extraditions, while legal experts reportedly expect lighter punishment in South Korea.

The Block·2024/03/08 05:43

Flash

02:49

Citrini: AMD and Apple Advance AI Products with Flash-Based DRAM Replacement Strategy

BlockBeats News, June 16th, AI doomsday report released by Citrini Research stated that AMD and Apple are currently advancing AI products with a flash memory substitute for DRAM. AMD acquired MEXT to optimize flash memory, bringing its performance close to DRAM, thus reducing the memory cost in AI data centers; Apple, on the other hand, achieved a similar optimization at the device end through the 'LLM in a flash' technology. According to Citrini's latest research report, AI inference has a high demand for memory with KV cache, and HBM has imposed a 'memory tax,' occupying 25% of DRAM capacity. Flash memory costs only 1/55 of DRAM, and through controller optimization, NAND stacking, and unit mode adjustment, it can provide an alternative solution for edge AI in terms of capacity and bandwidth. The above report provides theoretical support for the recent surge in storage stocks represented by SanDisk.

02:47

SpaceX market value surpasses 3 trillion for the first time, possibly overtaking Microsoft; a whale who went long on IPO day has already made 2.8 million dollars in profit

BlockBeats news, on June 16, according to Hyperinsight monitoring, during the US stock night session, SPCX (SpaceX) once soared to $229.85, with its market capitalization breaking through the $3 trillion mark for the first time. If this price level continues until the official US stock market opening, SpaceX's market cap will officially surpass Microsoft, making it the fourth largest in the US stock market. Meanwhile, traders and whales who went long on SPCX before the IPO on Hyperliquid have all turned a profit in this surge. Among them, the address with the largest gains has made an unrealized profit of $2.87 million. This whale went long with 5x leverage on 54,986 contracts at an average price of $164 on the day of the IPO, achieving a return rate of 157%. Address: 0xa1830e8d9f019feb448478a171bb37cc6c4c0482

02:47

Goldman Sachs Lowers Oil Price Target for Second Time in a Week

BlockBeats News, June 16th, Goldman Sachs released the latest forecast: "Following Trump's announcement of reaching a temporary agreement and the expected lifting of the U.S. blockade and reopening of the Strait of Hormuz on Friday, we have lowered our oil price forecast. Although the full details of the agreement are not yet clear, we currently assume that Persian Gulf exports will return to pre-war levels by the end of July (previously by the end of August)." "We have revised down our Brent crude oil forecast for the fourth quarter of 2026 to $80 (previously $90) and lowered our average price forecast for 2027 to $75 (previously $80). We expect the average price of WTI crude oil in the fourth quarter of 2026 to be $75 per barrel and $70 per barrel in 2027."

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Citrini: AMD and Apple Advance AI Products with Flash-Based DRAM Replacement Strategy

Australian Dollar falls further after weak China data

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