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Share link:In this post: Target put out a profit warning for the first quarter, saying that Trump’s tariffs will hurt its business. Target said that due to uncertainty, the company expects to see meaningful year-over-year profit pressure in its first quarter relative to the remainder of the year. Target’s stock is down 21% in the last year and 9% so far this year.
Quick Take The price of AXL rose over 14% in a matter of minutes after news broke that Canary Capital had filed an S-1 registration with the SEC on Wednesday for an Axelar ETF.
Quick Take The bankrupt crypto exchange transferred 11,834 BTC to an unmarked address on Wednesday, marking the first larger transaction since late January. Arkham Intelligence data shows that it also sent 166.5 BTC to its cold wallet around the same time today.
Quick Take Aave DAO is considering launching a “savings” version of its GHO stablecoin, similar to Sky’s sUSDS token. The move comes amid a series of proposals seemingly aimed at driving GHO adoption.
- 15:50Bitwise CEO: Bitcoin’s Opportunity Lies in Surpassing US Treasuries as a Store of ValueBitwise CEO Hunter Horsley stated that the opportunity for Bitcoin goes beyond gold; it lies in the more than $30 trillion currently using U.S. Treasury bonds as a store of value.
- 15:47A Whale Sells $3.1 Million Worth of ZKJ and $550,000 Worth of KOGEAccording to on-chain analyst Ai Yi (@ai_9684xtpa), a whale address withdrew 1.29 million ZKJ and 8,667 KOGE in dual liquidity from a CEX at 21:49, and subsequently sold them. The whale sold a total of $3.1 million worth of ZKJ at 21:21 and 22:05, and sold $550,000 worth of KOGE at 21:20.
- 15:47An Ethereum ICO whale address dormant for 9.9 years has been activated, transferring 0.002 ETHAccording to Whale Alert, an Ethereum ICO address that had been dormant for 9.9 years was just activated. The address contains 2,000 ETH, currently valued at approximately $5,063,918 (whereas in 2015, this ETH was worth only about $620). The address made two separate transfers of 0.001 ETH each.