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Bitcoin ETFs Are Not Your Friend
Bitcoin ETFs Are Not Your Friend

BlockBeats·2024/07/10 05:10
SATS: Key Role in the Inscription Ecosystem
SATS: Key Role in the Inscription Ecosystem

远山洞见·2024/07/10 03:02
Andrew Tate’s ‘Daddy’ memecoin now accepted for travel bookings
Andrew Tate’s ‘Daddy’ memecoin now accepted for travel bookings

Share link:In this post: Travala now accepts Daddy memecoin for hotel, flight and car bookings. The deal comes after Andrew Tate’s recent release from house arrest in Romania. The price of Daddy fell more than 8% after the news.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any in

Cryptopolitan·2024/07/10 02:49
Bitcoin is primed for a breakout in spite of selling pressure
Bitcoin is primed for a breakout in spite of selling pressure

Share link:In this post: Bitcoin is set for a potential breakout despite recent selling pressure due to the Mt. Gox repayment news. Support has likely formed in the $49k to $59k range, with targets set at $105k to $109k for 2024. BTC and gold show a positive correlation, both inversely related to US bond yields.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend indepe

Cryptopolitan·2024/07/10 00:43
The Bitcoin Fear and Greed Index plunges to its lowest since early 2023
The Bitcoin Fear and Greed Index plunges to its lowest since early 2023

Share link:In this post: The crypto Fear and Greed Index reached its lowest for the first time since January 2023, when BTC prices hit $17,000. Mt. Gox’s repayment plan and governments selling off massive BTC amounts have contributed to market fear among investors. While BTC prices remained around $57,000, they momentarily dropped to $55,000, prompting analysts to speculate a further drop to $50,000.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any inv

Cryptopolitan·2024/07/10 00:43
Bitcoin continues to outperform Ethereum – Is an ETF enough of a catalyst?
Bitcoin continues to outperform Ethereum – Is an ETF enough of a catalyst?

Share link:Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Cryptopolitan·2024/07/09 22:37
Flash
15:15
A whale long on SpaceX incurred a loss of nearly $1.2 million, with a liquidation price of $105.89.
BlockBeats News, June 22nd, according to lookonchain monitoring, as the today an exchange stock price plummeted more than 10%, a certain whale lost nearly $1.2 million in a long position on an exchange: it shorted an exchange stock 20 times leverage at $204.65, with a position value of $5.51 million, and was liquidated at $105.89.
15:14
Changes in U.S. Stock Trading Volume Rankings: Storage Giants Take First and Third Places, SanDisk Surpasses Star Stocks
As of June 22, SanDisk's stock price rose by 6.2% to $2319.26 per share, setting a new record high, with a trading volume of 8.9 billion yuan, ranking third among all U.S. stocks, only behind Micron Technology and SpaceX. This trading volume even surpassed that of star companies such as NVIDIA, Tesla, Intel, AMD, Google, and Microsoft, reflecting a trend of capital increasingly concentrating in the semiconductor sector. Micron Technology topped the list with a trading volume of 21.386 billion yuan, with its stock price increasing by 4.71% on the same day. SpaceX, although in second place, saw its stock price plummet by 10.65%, with a trading volume of 9.534 billion yuan, indicating a clear market divergence. Currently, the U.S. stock market exhibits characteristics of 'high trading volume and high volatility.' On one hand, the long-term logic of the AI industry remains unchanged; on the other hand, capital is beginning to reassess the profitability of niche sectors. In the near future, the areas of memory chips, advanced manufacturing, and innovative pharmaceuticals are likely to continue being important directions for capital investment.
15:07
Serenity Bullish on LPKF's Volume Surge Prospects, Long-Term Market Cap Expected to Reach $3 billion to $5 billion
BlockBeats News, June 22, earlier today, Serenity discussed the semiconductor equipment and advanced packaging industry chain, stating that the long-term valuation range for LPKF Laser & Electronics is likely to be between $3 billion and $5 billion. Serenity believes that LPKF is currently at a key stage before potential mass production. Serenity noted that LPKF has a high customer penetration rate in the glass substrate-related process equipment field and holds about 70% of the target market share in specific technological routes, such as glass core substrate and advanced packaging processes, making it one of the key equipment suppliers in the industry chain. When comparing the industry structure, the analysis likened LPKF to equipment manufacturers such as Aehr Test Systems and AIXTRON SE, suggesting that such "small-scale equipment positioning companies" are usually constrained by the Total Addressable Market (TAM) size. Their market capitalization is unlikely to expand to over $20 billion in the long term unless they have a multi-point technological advantage similar to ASML. The commentary also pointed out that in the semiconductor advanced packaging and Chip Packaging Optoelectronics (CPO) directions, the equipment supply chain is currently in a transition period from the validation stage to the volume production stage. However, there is still a strong difference of opinion in the market regarding such assets, and the valuation path highly depends on future capacity ramp-up and customer volume pace.
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