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Solana hits $7.9 million all-time high in daily real economic activity
Solana hits $7.9 million all-time high in daily real economic activity

Share link:In this post: Solana’s daily economic activity surged to an all-time high of $7.9 million on October 22nd. A chart from Blockworks reveals that the network’s real economic activity has exponentially increased since the end of September. Most of the activity comes from tips (Jito) and priority fees, while base fees and vote fees account for the smallest share of the economic activities.

Cryptopolitan·2024/10/23 14:27
Ethereum blobs entered price discovery for the first time since August’s Dencun upgrade
Ethereum blobs entered price discovery for the first time since August’s Dencun upgrade

Share link:In this post: The blob competition lasted for a short time, and it may be due to the Scroll airdrop event. L2s may change their behavior and their usage of Ethereum if blobs become too expensive. The event briefly raised L1 rent for the most active chains, with the biggest increase for Scroll and Base.

Cryptopolitan·2024/10/23 14:27
Bernstein analysts label their $200,000 bitcoin price prediction for end of 2025 as ‘conservative’
Bernstein analysts label their $200,000 bitcoin price prediction for end of 2025 as ‘conservative’

Bernstein analysts predict bitcoin will reach $200,000 by the end of 2025, calling the forecast “conservative.”

The Block·2024/10/23 12:42
JPMorgan economist says China’s stimulus wont do anything for its economy
JPMorgan economist says China’s stimulus wont do anything for its economy

Share link:In this post: JPMorgan economist Haibin Zhu thinks China’s latest economic measures won’t provide the big stimulus needed to revive the slowing $18 trillion economy. Investors and analysts are skeptical, as Beijing’s focus remains on manufacturing and exports instead of boosting domestic demand. China’s property sector is still struggling, with house prices falling and weak government measures failing to make an impact.

Cryptopolitan·2024/10/23 10:57
Flash
07:42
「Stock God」 Serenity: SIVE Market Expected to Continue Upward Trend, Emphasizing Win Semi's Production Capacity and Customer Base Support Growth Logic
BlockBeats News, May 30th, Serenity, the "New God of Stocks," posted an analysis stating that the market's expectations for Sivers Semiconductors are undergoing multiple rounds of reassessment. This process has evolved from early doubts about its customer structure (at a market cap of around $1.5 billion) to concerns about its execution capabilities (at a market cap of around $6 billion), then to questioning its market share and competitive landscape (at a market cap of around $12 billion), and finally to the current stage of discussing revenue growth and partner capacity expansion. The analysis points out that potential customers may include Jabil, Ayar Labs, Apple's related supply chain, defense customers, and companies in the data center and optical communication industry chain such as Marvell Technology. It also mentions the supply chain system of Lumentum Holdings, Broadcom, and SpaceX. The post further states that the company's order pipeline has achieved approximately 77% growth in the short term. It believes that by collaborating with Win Semiconductor (Win Semi), it can reduce some capital expenditure pressure while supporting future capacity expansion. The analysis also indicates that the current market debate has shifted to Win Semi's production capacity expansion. It anticipates that institutional funds may reprice and reshuffle retail holdings before the next cycle.
07:23
Former NBA player Thompson sues World Mobile over an endorsement agreement involving up to $2 million in tokens
According to ChainCatcher, former NBA player Tristan Thompson has accused World Mobile of prematurely terminating his endorsement agreement and continuing to use his name and likeness after the partnership ended. The related agreement was valued at up to 2 million US dollars.
07:20
CITIC Securities: Remain Optimistic About Tesla Robots and Supply Chain Companies
Golden Ten Data, May 30 – According to a research report by CITIC Securities, the World Intellectual Property Organization has recently disclosed a new batch of Tesla robot-related patents, with dexterous hands being one of the core recent upgrades for its robots. As more details on the appearance, patents, and other aspects of the Tesla robot are made public, CITIC Securities believes that the V3 version design is close to being finalized and that the Tesla robot is about to enter mass production. With Tesla’s leading AI large model technology and large-scale manufacturing capabilities, CITIC Securities remains strongly optimistic about Tesla robots and related supply chain companies.
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