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EDGE Markets, a financial infrastructure provider for gaming, crypto, and prediction markets, has raised $29.2 million in Series A funding led by CoinFund. The capital will fuel the launch of its high-throughput EDGE Pro product for market makers and support regulatory licensing efforts to enhance institutional capital efficiency.
Read MoreUS stocks opened sharply higher on Monday, led by a tech rebound. The previously battered semiconductor and optical communication sectors saw broad-based gains, with Intel, Micron, and Corning among the top advancers, signaling renewed investor confidence.
Read MoreCiti raises its year-end target for the S&P 500 to 8100, forecasting that AI-driven corporate profit growth will become the market's primary engine, surpassing valuation expansion as the key driver in the coming years.
Read MoreOn June 8th, Intel's stock price surged over 10% in pre-market trading. Reports indicate that Google has placed a substantial order for more than 3 million TPU processors with Intel, boosting investor confidence in the chipmaker's growth prospects.
Read MoreFacing TSMC's capacity constraints, AI giants like Google and Nvidia are quietly turning to Intel as a backup chip manufacturer. This strategic shift signals a potential realignment in global semiconductor supply chains and has sparked a positive market reaction for Intel.
Read MoreThe evening of June 8th saw significant activity in digital finance. USDC experienced a major issuance on Solana, while institutions continued accumulating Bitcoin and Ethereum. WeChat released AI ecosystem guidelines, and traditional payment giants explored stablecoin partnerships, with experts advising investors to focus on fundamentals.
Read MoreRecent data reveals two major institutions are facing massive unrealized losses on their crypto holdings. One faces over $10B in Bitcoin losses, while another's Ethereum position is down over 50%, highlighting the severe market volatility impacting institutional investors.
Read MoreOn June 8, Nasdaq 100 futures surged more than 1.5%, signaling robust investor confidence in tech and growth stocks, potentially driven by improving market sentiment or economic indicators.
Read MoreeToro's assets under management soared to $20.1 billion in May, marking strong growth. However, business performance diverged: traditional capital markets saw surging activity, while cryptocurrency trading volume and average investment size declined sharply, indicating shifting market risk appetite.
Read MoreA major crypto asset manager added over 126,000 ETH last week, boosting total holdings past 5.54 million—now representing 4.59% of Ethereum's circulating supply. The firm also holds a diversified portfolio including BTC, equity stakes, and substantial cash reserves, with over 4.7 million ETH currently staked.
Read MoreStrategy Inc. recently acquired 1,550 Bitcoin for $101.3 million, significantly boosting its holdings. The firm also added $100 million to its cash reserves, demonstrating a dual strategy of crypto and fiat asset allocation, highlighting continued institutional interest.
Read MoreIsraeli media reports that Israel has suspended planned strikes against Iran following a U.S. request. Military operations in Lebanon, however, will continue. The report warns that attacks on Israeli soil would trigger retaliatory strikes against specific areas south of Beirut, marking a significant shift in regional tensions.
Read MoreBitcoin experienced significant volatility, briefly falling below the key $63,000 level. While still up slightly over 24 hours, the sharp price swings highlight growing market uncertainty, prompting calls for increased risk management.
Read MoreRecent reports indicate that the Israeli military has conducted strikes in southern Lebanon, heightening tensions along the border. The situation remains fluid, with details on casualties or damage yet to be confirmed.
Read MoreIn a significant strategic move last week, Strive acquired 32 Bitcoin at an average price of approximately $63,911, signaling strong confidence in the long-term value proposition of the flagship cryptocurrency.
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