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Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

In the past 7 days, #Bitcoin's TVL increased by $3.09B, #Etherum's TVL increased by $2.22B, and #Hyperliquid's TVL increased by $1.87B.

Funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

Relevant content

Moderna falls 16% after surging over 170% in yesterday’s close.

According to market data from BIT (bit.com), Moderna (MRNA.O) has fallen 16% after surging more than 170% in its share price at yesterday’s close. Earlier reports stated that Moderna’s personalized mRNA cancer vaccine, co-developed with Merck, achieved major success in Phase III clinical trials targeting high-risk melanoma. This marks the world’s first mRNA cancer therapy to demonstrate efficacy in a large-scale Phase III trial. Following the announcement of this news, Moderna’s share price skyrocketed nearly 177% in a single trading day.

4 minutes ago

On-chain whales continue building positions in ETH, with three addresses collectively investing $12.42 million.

On-chain analyst Ai Yi (@ai_9684xtpa) monitors that on-chain whales are continuing to build positions, with three addresses collectively hoarding ETH worth $12.42 million in the past two hours. One whale withdrew 3,101 ETH from Binance, valued at $7.08 million; another whale is suspected of purchasing 3,092 ETH over-the-counter (OTC) from Galaxy Digital, worth $7.05 million; the address starting with 0x695 bought 1,044 ETH on-chain via CowSwap, valued at $2.39 million.

4 minutes ago

The US stock market's storage sector rose against the trend in early trading, with SK Hynix gaining over 6%.

According to market data from BIT (bit.com), the US stock market’s storage sector rose against the trend at the start of trading. SK Hynix (SKHY.O) surged over 6%, SanDisk (SNDK.O) gained more than 3%, Micron Technology (MU.O) and Seagate Technology (STX.O) rose nearly 2%.

4 minutes ago

US stocks open, with all three major indices down.

According to market data from BIT (bit.com), US stocks opened with the Dow Jones Industrial Average down 0.6%, the S&P 500 down 0.3%, and the Nasdaq down 0.5%. Micron Technology (MU.O) rose 0.4% as the company is ramping up US memory research and development, planning to invest $10 billion over 10 years. Walmart (WMT.N) fell 7% after its Q2 same-store sales growth hit a six-year low, with full-year profit guidance below expectations. SK Hynix (SKHY.O) gained 4% following a preliminary wage agreement with labor. Alibaba (BABA.N) dropped 4.7% in post-earnings trading.

4 minutes ago

U.S. crypto-related stocks rallied broadly, with Strategy climbing more than 5%.

According to market data from BIT (bit.com), U.S.-listed cryptocurrency-related stocks rallied broadly, with individual gains as follows: CRCL rose 2.13%, MSTR gained 5.05%, MARA climbed 4.82%, COIN advanced 5.33%, RIOT increased 3.46%, and BMNR rose 4.1%.

4 minutes ago

U.S. CFTC Chair: Regardless of whether the Clarity Act is passed or not, the cryptocurrency industry will eventually get regulatory rules.

According to Bloomberg, U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig said Thursday that the crypto industry will ultimately get market structure regulations even if Congress fails to pass landmark legislation on the sector. In an interview with Bloomberg Television ahead of the first meeting of the CFTC’s Innovation Advisory Committee, Selig stated: “Building market structure is very important. We can achieve this either through regulatory rules or legislation. The CFTC is weighing a range of potential cryptocurrency rules, but is currently awaiting progress on the Clarity Act — legislation that would grant the CFTC primary authority to regulate the digital asset industry. The bill is currently stuck in the Senate, which plans to hold a procedural vote on it in mid-September. However, major disagreements remain, making it unlikely to secure enough votes before lawmakers pivot to the November midterm elections.” Selig added that legislation is the most reliable way to establish crypto market structure, but the agency also holds considerable authority under existing regulations. If it needs to exercise that power to craft rules without supporting legislation, it will do so.

4 minutes ago

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