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Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Bitcoin ETFs in conservative portfolios is good for crypto — and Wall Street
Fidelity’s bold move to include a BTC ETF in their conservative portfolio marks a significant shift in how Wall street can approach digital assets
Blockworks·2024/03/07 01:16
Uniswap (UNI) hits 2-year high as fee share proposal deadline approaches
Cointelegraph·2024/03/06 22:34
Ethereum price closes in on $4K, but traders’ excessive optimism is a warning sign
Cointelegraph·2024/03/06 21:04
BRC-20 Token Looks Set to Fly High: Is Bitcoin’s New ATH the Reason?
Coinedition·2024/03/06 19:01
Price analysis 3/6: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, SHIB, AVAX, DOT
Cointelegraph·2024/03/06 18:04
Bitcoin’s all-time high brings $788M inflows to IBIT
Bitcoin’s volatility hit a yearly high as the cryptocurrency clocked a new record price
Blockworks·2024/03/06 17:58
$200M lost to hacks in 2024, Shido token plummets 94%: Finance Redefined
Cointelegraph·2024/03/06 17:11
Crypto Derivatives: Analytics Report – Week 10
Cointime·2024/03/06 15:45
Here’s Why Bitcoin’s (BTC) Correction is Very Beneficial for Market Positivity: CryptoQuant
Bitcoin’s sharp correction is expected to be “very beneficial.”
Cryptopotato·2024/03/06 15:37
Bitcoin (BTC) Price to Exceed $200K by June 2024 If History Repeats
History shows that BTC could be on the verge of another massive rally, potentially taking it to over $200K.
Cryptopotato·2024/03/06 13:54
Flash
09:06
SK Hynix Plans to Launch Trillion-Won Ultra-Large-Scale Shareholder Return Plan, with Choi Tae-won Personally WageringBlockBeats News, June 16th, according to a exclusive report by The Korea Economic Daily, SK Hynix plans to launch a mega-scale shareholder return policy of up to 100 trillion Korean won in the fourth quarter of this year. The specific measures include stock buybacks and cash dividends. This move is seen by the outside world as a major strategic bet by SK Group Chairman Choi Tae-won, aiming to enhance the company's position and valuation in the global capital market.
According to investment bank and semiconductor industry sources, SK Hynix's stock buyback this time will account for just over 2% of outstanding shares and will officially begin after completing its American Depositary Receipt (ADR) listing. The ADR listing is expected to be completed in mid-next month.
This mega-scale shareholder return plan is designed to dispel concerns from the outside world about potential dilution of existing shareholder value from the ADR listing, while further solidifying SK Hynix's market image as a top global semiconductor company.
08:56
Data: USDC Treasury newly minted 250 million USDC on SolanaChainCatcher news, according to Whale monitoring, at 16:49 East 8th District time, USDC Treasury minted an additional 250 million USDC on the Solana chain.
08:55
Economist: Powell's Favorite Unconventional Inflation Gauge "Unreliable," Hopes for ChallengeBlockBeats News, June 16th, Federal Reserve Chairman Powell once expressed a preference for adopting another inflation measure standard - the "trimmed mean PCE inflation," which excludes extreme values before calculating the weighted average.
Boston College economics professor Brian Bethune stated that currently, the trimmed mean PCE is not the most reliable indicator. In short, when the inflation shock behaves similarly to the period of 2009-2019 (i.e., before the 2020 COVID-19 crisis), this indicator works best because there was a better balance between positive and negative shocks at that time. However, when price shocks mainly come from positive factors such as supply disruptions, tariffs, surging oil prices, or significant special sports events (like the World Cup), this indicator will underestimate inflation.
"Therefore, it is hoped that someone can challenge him on this," Bethune said. But regardless of which indicator is referenced, U.S. inflation remains above the Fed's 2% target - has been so since the spring of 2021.
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