24/7 Blockchain industry dynamics and breaking crypto news
A pre-market sell-off hit major US cloud computing stocks on June 10, with several leading providers falling over 2%. This signals market caution and a potential reassessment of near-term growth and valuations across the sector.
Read MoreAnt Group's international arm is reportedly considering raising around $1 billion to accelerate growth. The funding round could attract existing investors and significantly boost the unit's valuation.
Read MoreLeading AI server maker Super Micro Computer announced a $7 billion stock offering plan to fund component procurement for nearly $39 billion in AI server orders. The news triggered a pre-market drop exceeding 9%, raising concerns about shareholder dilution and AI demand sustainability.
Read MoreFollowing losses in the previous session, US storage-related stocks extended their decline in pre-market trading, with Micron and SanDisk leading losses over 3%. Market sentiment remains cautious.
Read MoreUS May CPI is forecast to rise sharply, with headline inflation potentially exceeding 4%. Analysts warn the drivers extend beyond energy, embedding in the broader economy via monetary factors and AI, suggesting persistent inflationary pressures that may unsettle markets.
Read MoreThe Hong Kong SFC has clarified that licensed firms may continue serving existing mainland Chinese investors, provided services are not offered within mainland China. All account opening rules and relevant laws must be strictly followed, aligning with recent regulatory notices.
Read MoreSK Hynix is advancing plans for a US listing, potentially as early as August. SEC approval for its ADR application is expected in late June. While targeting a 2026 completion, specific details on scale and timing remain undetermined. This move could mark a significant capital markets event for the semiconductor sector.
Read MoreChina Securities has reaffirmed its "Buy" rating on NVIDIA with a $315 price target in its latest research report. It also maintains an "Overweight" rating on Broadcom at $525, reflecting sustained optimism towards leading semiconductor firms, particularly in AI computing.
Read MoreOKX introduces OKUSD, a native yield-bearing asset pegged 1:1 with USDT, offering zero fees and instant access. Exclusively for VIP users, it generates daily returns and serves as collateral for loans and margin trading, maximizing capital efficiency.
Read MoreKookmin Bank has issued a $100 million blockchain-based digital bond, a first for South Korea's banking sector. The bond was launched via HSBC's digital asset platform and will connect with Hong Kong's settlement system. This move accelerates the bank's digital transformation strategy.
Read MoreMarket data reveals a sharp reversal in capital flows for US spot Bitcoin ETFs, with a net outflow of $77.4 million recorded yesterday. This shift highlights changing investor sentiment and raises questions about short-term market dynamics for cryptocurrency-related investment products.
Read MoreRecent market data reveals a notable shift in U.S. spot Ethereum ETFs, with a net outflow of $40.9 million recorded in a single day. This movement highlights changing investor sentiment and raises questions about short-term capital trends in the crypto sector.
Read MoreBinance Wallet launches its Binance Alpha airdrop today at 17:00, featuring an updated Alpha Box model. Users need at least 245 points to claim rewards, with 15 points deducted per claim. Three reward tiers are available, and the point threshold drops by 5 every 5 minutes if rewards remain unclaimed.
Read MoreAlchemy Pay has obtained a Money Transmitter License from the state of Maine, USA. This license authorizes the company to provide regulated services including cryptocurrency exchange and custody, marking a significant step in its North American compliance expansion.
Read MoreMajor Asian stock markets tumbled on June 10th, with South Korea's KOSPI plunging over 4% and Japan's Nikkei 225 also falling sharply. The sell-off was primarily driven by a broad retreat in technology and electronics shares, raising fresh concerns about regional economic momentum.
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