🚨 JUST IN: $750B was added to the U.S. stock market at today's open. One of the strongest opening moves in recent months as investors piled into equities.
Bitcoin ETFs have attracted just $205 million in July, their lowest monthly inflow on record. Ethereum ETFs are outperforming with $343 million, while Solana and XRP funds have each added only around $14 million. #ETH #BTC #ETFs
NEW: Wells Fargo has raised its price target on Snowflake ( $SNOW ) to $500, the highest on Wall Street. That's nearly double the stock's current price. The bank says AI is driving customers to spend more on Snowflake, making it one of the biggest beneficiaries of the AI boom. #WellsFargo #Snowflake #AI
BREAKING: Russia has charged Telegram founder Pavel Durov with aiding terrorist activity and has placed him on an international wanted list. Russian authorities claim Telegram failed to remove channels and bots allegedly used to coordinate attacks inside the country. $GRAM dropped 2% on the announcement.
NEW: Morgan Stanley has launched Ethereum and Solana ETFs, expanding beyond Bitcoin. Both funds will stake a portion of their holdings, with 100% of the staking rewards passed on to investors. #MorganStanley #BTC #ETH #ETFs
Robinhood Chain has reached $325 million in TVL in less than a month. Not a single day of outflows. But while more money keeps flowing in, activity is slowing down. DEX volume fell 27% last week, while daily active users dropped 7%. Most of the new capital appears to be chasing Robinhood Earn's 7% APY on $USDG rather than trading.
Elon Musk’s net worth has fallen by roughly $650B from its all-time high. That is more than the current net worths of Jeff Bezos, Mark Zuckerberg, and Jensen Huang combined.
BREAKING: The global storage sector has officially entered a bear market. South Korea's SK Hynix is down nearly 50% from its June high, while Samsung Electronics has fallen 41%. Japan's Kioxia has plunged more than 60% from its peak. In the U.S., SanDisk is down 46%, Western Digital 38%, Micron 29%, and Seagate 29% from their highs. The Philadelphia Semiconductor Index has also fallen 21%.
BREAKING: U.S. storage stocks are seeing a sharp sell-off. SanDisk (SNDK): -12.9% SK Hynix: -8.6% Western Digital (WDC): -8.6% Seagate (STX): -6.9% Micron (MU): -6.6% The sector is under heavy pressure as investors sell off storage and memory-related stocks.
🚨JUST IN: Strategy did not buy more Bitcoin last week. The company now holds $3.75 billion in cash, an increase of $525 million, giving it even more firepower for future Bitcoin purchases. Strategy also announced a $25 million buyback of its STRC preferred stock. #Strategy #Bitcoin
🚨JUST IN: Strategy did not buy more Bitcoin last week. The company now holds $3 .75 billion in cash, an increase of $525 million, giving it even more firepower for future Bitcoin purchases. Strategy also announced a $25 million buyback of its STRC preferred stock. #Strategy #Bitcoin
With exchanges like BitMart and BitMEX shutting down, it's more important than ever to use the bigger exchanges or keep your crypto in a self-custody wallet. Many smaller exchanges are still posting every day, but behind the scenes they have very few users and very little trading. Since trading fees are often not enough, many depend on marketing deals and listing fees from crypto projects just to stay alive. Always check the volume, withdrawals, and where your funds are stored. #BitMart #BitMEX
BREAKING: BitMart will shut down its crypto exchange. The platform will end all trading on August 26 and cease operations completely on January 31, 2027.
📈 Bitcoin has bounced nearly 12% from its July low. Now only one level stands between $BTC and a potential run toward $70K. 👀 Watch $67.3K closely. #Bitcoin
🚨 Bitcoin mining giant Poolin has filed for Chapter 11 bankruptcy in the United States. Once controlling nearly 20% of Bitcoin's global hashrate, the company listed more than $100 million in liabilities and less than $10 million in assets in its bankruptcy filing. #Bitcoin