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Ether Price Pumps, But SEC Decisions Could Spoil the Party
Coinedition·2024/05/20 14:13
Bitcoin's futures basis increases after last week's softer US inflation print
Bitcoin’s three-month annualized basis increased above 10% over the weekend, showing the market is building positive sentiment, analysts say.
The Block·2024/05/20 13:37
Solana (SOL), Injective (INJ), and Thorchain (RUNE), primed for the next big moves
Cryptodaily·2024/05/20 12:40
Ethereum funds face $23 million in outflows amid ETF uncertainty
Cryptobriefing·2024/05/20 12:37
US spot bitcoin ETF rebound continues with nearly $1 billion in net weekly inflows
U.S. spot bitcoin ETFs saw a continued increase in net inflows last week, registering $948.3 million.Total net inflows since the ETFs started trading in January have now surpassed $12.5 billion.
The Block·2024/05/20 12:04
Gnosis Price Rises 20% After Thanefield Capital's $30M Token Buyback Offer
Cointime·2024/05/20 12:04
Abraxas Capital Management deposited all 3,480 ETH into CEX
Cointime·2024/05/20 12:04
Bitcoin’s Price Poised for New ATH after $67,500 Resistance Level: 10x Research
Cryptonews·2024/05/20 11:26
CoinShares: Digital Asset Investment Products Saw Net Inflows of $932 Million Last Week
PANews·2024/05/20 11:16
Litecoin whales have accumulated over 2.75 million LTC in the past 30 days
IntoTheBlock·2024/05/20 11:11
Flash
07:26
UBS and TD Cowen Significantly Raise Arm's Target Price, Betting on AI Data Center CPU Value ReassessmentBlockBeats News, June 25th. This week, Arm's stock price followed a pullback in the high-valuation AI sector. However, some Wall Street analysts believe that this adjustment has not changed the company's long-term position in AI data centers.
UBS raised Arm's target price significantly from $260 to $470, maintaining a Buy rating. TD Cowen also raised the target price from $265 to $475, likewise maintaining a Buy rating. The common view of the two institutions is that with the development of agentic AI, the importance of CPUs in data center architecture may rise, rather than GPUs continuing to dominate the investment narrative.
TD Cowen believes that in the long term, CPUs may have a better strategic position in certain AI workloads. UBS, on the other hand, emphasizes that the market is truly debating the revenue potential of Arm's self-developed or standalone CPU business. The bank expects Arm-related CPU revenue to reach approximately $14 billion by 2030, although the company itself has stated that this business will not have a substantial financial impact until the 2028 fiscal year. Arm's advantage lies in low latency and energy efficiency, which are increasingly important metrics that major cloud providers are focusing on in AI infrastructure expansion. Despite the short-term price pullback from its highs, analysts still view Arm as one of the key beneficiaries in the server CPU upgrade cycle.
07:26
J.P. Morgan: Samsung is Likely to Follow SK Hynix in U.S. Listing via ADRBlockBeats News, June 25th - Jeff Kim, Research Director at JFROTH, stated that Samsung is very likely to follow SK Hynix's example and list on the US market through American Depositary Receipts (ADRs), which will boost the valuation of the Korean chipmaker whose stock price has lagged behind Micron.
He mentioned, "Chip stocks are at a turning point. ADRs will be a key catalyst to boost their valuation."
07:24
Source: Iraq Official According to sources, Iraqi officials had previously considered withdrawing from OPEC, but the current plan is to remain as a member and seek a higher quota.BlockBeats News, June 25th - A senior Iraqi oil official said that if the OPEC quotas are not significantly increased, Iraq will be forced to consider all available options.
Sources indicated that Iraqi officials had considered withdrawing from OPEC, but the current plan is to continue as a member and seek a higher quota. (FXStreet)
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