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Bitget Contract Market Update
Bitget Contract Market Update

Bitget·2024/07/02 05:03
Bitcoin miner Northern Data mulls US IPO of AI unit as early as 2025: report
Bitcoin miner Northern Data mulls US IPO of AI unit as early as 2025: report

Quick Take Northern Data AG is consulting potential advisers for an initial public offering in the U.S., Bloomberg reported. The company’s expected value ranges from $10 billion to $16 billion.

The Block·2024/07/02 04:13
Ethereum Suffers $61M Outflows, Worst Performance Since August 2022
Ethereum Suffers $61M Outflows, Worst Performance Since August 2022

Ethereum experienced the largest outflows since August 2022, as per CoinShares.

Cryptopotato·2024/07/02 03:43
Polkadot spent $37M on marketing – It was NOT worth it
Polkadot spent $37M on marketing – It was NOT worth it

Share link:In this post: Polkadot spent $37 million on marketing in the first half of the year, sparking community outrage. The $37 million included sponsorships, influencer marketing, and events, but failed to yield expected results. Its cash and assets total $188 million, projected to last another two years at the current spending rate.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. W

Cryptopolitan·2024/07/02 02:40
Flash
15:57
No surprise, the "Buddy" account was partially settled again half an hour ago, with the account now holding only $15,000
BlockBeats News, June 5th, according to Hyperinsight monitoring, despite tonight, the "buddy" had actively reduced leverage to avoid liquidation, unfortunately, the liquidation price was too close to the market price, and its Ethereum long position was partially liquidated again half an hour ago. In addition, the "buddy" also transferred $12,500 to Hyperliquid an hour ago, with the collateral value of the long position now only $15,287.62, holding 352 ETH in the long position.
15:41
Bitwise CIO: US Stocks, Crypto Down in Tandem Possibly Due to Mega IPO
BlockBeats News, June 5th, Bitwise CIO Matt Hougan stated in a post that despite strong job data, both the US stock market and cryptocurrency experienced a sharp pullback today. This is because the market is concerned that the upcoming mega IPOs (such as SpaceX, Anthropic) could drain liquidity and serve as a short-term top signal for the tech rally.
15:30
Nasdaq Declines by 2%, Nvidia Shares Drop by 4%
On June 5, U.S. stocks extended their losses, with the Dow Jones Industrial Average down 0.27%, the S&P 500 down 1.08%, and the Nasdaq Composite down 2.02%. Among popular stocks, Nvidia shares fell by 4.01%, TSMC shares dropped by 3.98%, Broadcom shares decreased by 4.67%, Micron Technology shares fell by 5.92%, Advanced Micro Devices shares dropped by 6.45%, ASML shares declined by 3.67%, Intel shares fell by 6.28%, ARM shares decreased by 8.24%, and Tesla shares dropped by 3.61%.
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