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MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split
MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split

MicroStrategy will soon be far cheaper for smaller investors to gain exposure to.

Cryptopotato·2024/07/11 22:10
Shiba Inu (SHIB) ETF: The Pros and Cons According to Team Member
Shiba Inu (SHIB) ETF: The Pros and Cons According to Team Member

Here are the advantages and disadvantages that a potential SHIB ETF could provide.

Cryptopotato·2024/07/11 20:25
Why the Litecoin (LTC) price remains stagnant despite wide use
Why the Litecoin (LTC) price remains stagnant despite wide use

Share link:In this post: Litecoin sees significant turnover, moving up to 60% of its supply in a single day. LTC prices stagnated, with short positions dominating on most exchanges. Miners keep their activity at an all-time high, not capitulating despite low LTC prices.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 q

Cryptopolitan·2024/07/11 16:10
Story Protocol plans to launch IP-focused Layer 1 this year
Story Protocol plans to launch IP-focused Layer 1 this year

Quick Take Blockchain startup Story is coming out of stealth with its bespoke Layer 1 network built for IP management. The project is backed by investors including Paris Hilton’s 11:11 Media, Samsung Ventures and Andreessen Horowitz. Story is using an EVM-compatible blockchain together with a custom “Proof-of-Creativity” consensus algorithm.

The Block·2024/07/11 14:46
U.S. inflation falls to 3%, lowest level since 2021
U.S. inflation falls to 3%, lowest level since 2021

Share link:In this post: U.S. inflation dropped to 3% in June, the lowest since 2021, raising hopes for potential Federal Reserve interest rate cuts. The unemployment rate rose to 4.1%, the highest since the pandemic, causing concerns despite no immediate recession threat. Treasury yields fell, and stock futures rose after the CPI data release, with traders betting on interest rate cuts this year.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any invest

Cryptopolitan·2024/07/11 14:07
Flash
14:57
Analysis: U.S. chip production capacity may shift to consumer electronics and defense, which could indirectly reduce the supply capacity for crypto mining machines
Odaily reported that KobeissiLetter's analysis pointed out that Intel's stock price rose by about 9% in a single day after Trump announced that chips would be jointly designed and manufactured domestically in the United States. This development constitutes a policy-level benefit for the entire semiconductor industry, and the market anticipates that investments in domestic wafer manufacturing and advanced processes in the US will continue to receive support. However, for the crypto market, if US chip production capacity shifts more toward consumer electronics and defense-related orders, it could indirectly reduce ASIC mining rig supply, potentially impacting the mining hardware cycle. Therefore, Intel's production capacity trends are viewed as a “substantive signal for reassessment” for Bitcoin and the crypto mining market.
14:54
The market value share of the semiconductor sector in the S&P 500 Index has risen to 18.8%, reaching a record high.
According to data released by The Kobeissi Letter, the semiconductor sector accounts for approximately 18.8% of the total market capitalization of the S&P 500, reaching a record high. This figure has more than tripled since 2022, while the semiconductor index SOX has risen about 546% during the same period. Currently, the weighting of semiconductors in the S&P 500 exceeds more than half of the peak level during the 2000 internet bubble. The U.S. equity market is concentrating towards the AI and semiconductor industry chain, and technology stocks are exerting a historically extreme influence on the overall index.
14:51
Arthur Hayes discusses Federal Reserve Chair Kevin Walsh's policies and topics such as HYPE in the Markets Outlook
Arthur Hayes discussed the policy impact of Federal Reserve Chairman Kevin Walsh, Uniswap's $100 price target, HYPE token sell-off, and the AI bubble on the Markets Outlook program. (CoinDesk)
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