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WTI Crude Oil Futures Soar 5% Intraday, Now Trading at $91.74 per Barrel

55 minutes ago

June 1, according to Bitget market data, WTI Crude Oil Futures surged 5% during intraday trading and currently stand at $91.74 per barrel. The front-month crude oil futures contract posted short-term gains, with SC Crude Oil futures rising 3.25% to 603.8 yuan per barrel. Low-sulfur Fuel Oil (LU) climbed 2.76% to 4,773 yuan per ton; Fuel Oil added 2.24% to 3,924 yuan per ton; and Bitumen gained 3.21% to 4,373 yuan per ton.
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Tron's stablecoin market cap surpassed $90B, while revenue led all chains in May.

In May, the total stablecoin mcap on #Tron surpassed $90B, up 3.63% from the previous month. #Tron's revenue reached $32.23M in May, up 5.6% from the previous month and far ahead of other chains.

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Spot Gold Plunges Nearly 2% Intraday, Eurozone Stoxx 600 Index Drops Over 1%.

On June 1, data from Bitget Markets shows spot gold hit a session low of $4,450 per ounce, sliding nearly 2% on the day. The Euro Stoxx 600 index also dropped more than 1%.

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「Stock God」 Serenity: AI Company NBIS Reaches $600 Billion Valuation, Still Bullish on Long-Term Breakthrough of $1 Trillion

June 1: Prominent investor Serenity—widely nicknamed the "Stock God"—shared on social media that AI infrastructure company Nebius (NASDAQ: NBIS) has delivered robust performance, outperforming both the overall stock market and the "Neocloud" sector: a group of AI data center and computing power firms including IREN and CIFR. Last year, Serenity projected after Microsoft’s earnings report that Nebius could reach a $100 billion market cap. Currently, NBIS’s market value has climbed to around $60 billion, steadily approaching that target. Meanwhile, investor Misaka Mikoto posted that NBIS’s rally pushed the total value of his Roth IRA assets past the $1 million mark during pre-market trading, with the stock being a key driver of his account’s growth. Nebius has recently drawn strong investor attention, fueled by its AI computing infrastructure expansion and surging market enthusiasm for the "Neocloud" concept, making it one of the hottest picks in the U.S. stock market’s AI-related seg

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Microsoft's stock price hits a four-month high, up 2.58%

June 1: Microsoft’s stock price climbed 2.58% to hit a four-month high of $462.06, per Bitget market data.

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Viewpoint: The HYPE technical analysis has pointed to a price target above $100, breaking out of the classic bull flag pattern

On June 1, Hyperliquid’s native token HYPE has rallied more than 30% over the past five days, hitting a new all-time high of over $74. Technical analysts point to a bullish breakout driving the surge: HYPE has broken out of a bull pennant pattern, with a projected upside target of $105—equivalent to an additional ~45% gain from current levels. From a technical perspective, HYPE saw a sharp run-up in late May, forming a flagpole structure before consolidating in a triangular pattern. The token recently broke above the pattern’s upper boundary on high trading volume, confirming a bull flag pattern. This formation points to a theoretical target price of roughly $105.3, with analysts expecting that level could be reached sometime between June and July. Derivatives market data underscores the bullish momentum. Open interest for HYPE futures on Hyperliquid hit a new all-time high of $3.5 billion, a sharp jump from around $1.4 billion at the start of the year. Positive funding rates across

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Iran Pauses Talks, US Bond Yields Drop, Traders Raise Rate Hike Bets

June 1: U.S. Treasury prices fell as signs of a deadlock emerged in U.S.-Iran peace talks. Investors are growing concerned that soaring energy costs will exacerbate inflation, pushing the Federal Reserve to raise interest rates. Monday’s sell-off lifted yields across the $31 trillion U.S. Treasury market. The 10-year Treasury yield jumped roughly six basis points to nearly 4.5%, while crude oil prices surged more than 7%. The two-year Treasury yield—most sensitive to Fed policy expectations—also rose about six basis points to 4.07%. The move follows Iran’s earlier suspension of talks with the U.S. via intermediaries in protest of Israeli actions. Traders have ramped up bets the Fed will deliver another rate hike: swap markets now fully price in one increase by March 2027, with a 50% chance of that hike arriving as early as October.

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