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Immutable’s price has dropped 40% in two weeks, reaching a 2-year low. With investor sentiment at a low, the price may continue to decline unless a recovery catalyst emerges.
Saros has rallied 1,024% since March, hitting new all-time highs, but with signs of overbought conditions, investors should watch for potential price corrections.
Pi Network has suffered from a lack of trust in its project, as well as from a relative absence of big-name listings.
Sui has enjoyed considerable growth as a network in recent months, yet the market-wide downturn could mean that it underperforms for a while yet.
As Ethereum looks to integrate institutional accessibility and scalability tech, the Pectra upgrade shows a strategic pivot in the blockchain’s battle to regain market dominance.
Solana (SOL) has broken below a key support at $120. Is this the beginning of a massive sell-off?
Grayscale Investments has filed an S-1 form with the SEC to convert its Grayscale Solana Trust into an exchange-traded fund (ETF) under the new name Grayscale Solana Trust ETF.
The SEC could officially announce that it will drop its ongoing legal battle against Ripple today.
Dogecoin is at risk of a $200 million liquidation if the price slips below $0.164, but long-term holders could stabilize the market and prevent further losses.
- 20:08The three major U.S. stock indexes closed mixedAccording to Jinse Finance, the three major U.S. stock indexes closed mixed, with the Dow Jones up 0.4%, the Nasdaq down 0.39%, and the S&P 500 up 0.06%. Major tech stocks showed mixed performance, with Tesla rising over 1% and Nvidia falling more than 2%.
- 19:42Amazon acquires AI wearable device maker BeeAccording to a report by Jinse Finance, Amazon (AMZN.O) has acquired the startup Bee, which produces a $50 wearable AI assistant. Lourdes Zorro, co-founder of the San Francisco-based startup, announced the acquisition in a brief post on LinkedIn. Bee has developed a wristband that can record and transcribe users' activities, using this information to generate to-do lists and summarize conversations. Amazon spokesperson Alexandra Miller stated that, as part of the agreement, all Bee employees have been invited to join Amazon.
- 19:18Alleged Fake Powell Resignation Letter Circulates on Social MediaAccording to Jinse Finance, a so-called "resignation letter from Federal Reserve Chairman Powell" has recently been circulating on the social media platform X, stating that "Powell has decided to resign as Chairman of the Federal Reserve, effective July 22." U.S. financial media reporters, citing sources, said that the resignation letter circulating among some MAGA accounts is fake. Some netizens also pointed out that the letter shows obvious signs of being AI-generated, especially the Federal Reserve seal. Sandra Thompson, Director of the U.S. Federal Housing Finance Agency, commented, "I believe Powell will resign soon, but today is not that day." As of press time, there have been no significant fluctuations in the gold and silver markets.