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Standard Chartered says bitcoin could hit $100,000 ahead of US elections
Standard Chartered says bitcoin could hit $100,000 ahead of US elections

Quick Take Geoff Kendrick expects bitcoin to hit $100,000 ahead of the U.S. presidential elections this year. The Standard Chartered analyst added that, if Friday’s U.S. Non-Farm Payrolls data is “friendly,” the bitcoin price could reach a new all-time high over the weekend.

The Block·2024/06/06 10:16
Bitcoin (BTC) Price Resurgence, Binance Coin (BNB) Hits a New ATH, and Meme Coins Fiesta: Bits Recap June 6
Bitcoin (BTC) Price Resurgence, Binance Coin (BNB) Hits a New ATH, and Meme Coins Fiesta: Bits Recap June 6

According to some analysts, BTC could spike above $90K should it overcome critical resistance levels, while BNB might reach the $1,000 mark.

Cryptopotato·2024/06/06 09:52
Meme Coins in Retreat as Bitcoin (BTC) Struggles to Maintain $71K (Market Watch)
Meme Coins in Retreat as Bitcoin (BTC) Struggles to Maintain $71K (Market Watch)

WIF, FLOKI, and BONK have lost about 5-6% in a day.

Cryptopotato·2024/06/06 09:52
EigenLayer's total value locked surpasses $20 billion for the first time
EigenLayer's total value locked surpasses $20 billion for the first time

Quick Take EigenLayer’s TVL has increased to $20.09 billion, marking it as the second-largest DeFi protocol behind Lido. The restaking protocol allow users to deposit ether and various liquid staking tokens to help secure third-party networks.

The Block·2024/06/06 09:46
Why Is the Crypto Market Down Today?
Why Is the Crypto Market Down Today?

BeInCrypto·2024/06/06 08:25
Flash
07:37
Apple: AI Compute Power Rush Drives Up Storage Chip Prices, Raises iPad and Mac Prices
Driven by the construction boom of AI data centers, demand for memory and storage has surged dramatically, leading to an unprecedented rapid increase in component prices. The company has previously absorbed the costs internally without passing the pressure on to consumers. Now, with the cost pressure becoming unbearable, they are forced to raise the prices of several products, with iPad and Mac being the first to see pricing adjustments. Apple stated that they are still actively seeking solutions to address the situation.
07:33
Data: Hyperliquid platform whale currently holds $4.201 billions, with a long-short ratio of 0.99.
ChainCatcher reports, according to Coinglass data, Hyperliquid platform whales currently hold $4.201 billion in positions. Long positions account for $2.089 billion, representing 49.72% of the total, while short positions total $2.112 billion, accounting for 50.28%. Long positions have an unrealized loss of $174 million, while short positions have an unrealized profit of $62.3815 million. Among them, whale address 0x082e..88 has a 5x leveraged full position long on HYPE at the price of $38.6755, with current unrealized profit of $34.3264 million.
07:19
Qualcomm plans to bring data center chip technology to smartphones to enhance on-device AI capabilities
Glonghui, June 27 — Qualcomm Executive Vice President Durga Malladi stated that the company plans to apply the newly released data center chip technology announced this week to smartphones, in order to enhance local AI capabilities on mobile devices. Qualcomm’s newly launched High Bandwidth Computing (HBC) architecture adopts a vertically stacked chip design, closely integrating memory and compute units, which can significantly improve data transmission speed and efficiency. The first generation of this architecture will be launched in data centers next year and is expected to be commercially available in 2028. Malladi said, “The technology from data centers will not stop here.” The company is currently in talks with smartphone, PC, and automobile manufacturers regarding the relevant technology.
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