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BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

2025.01.13 21:51:58

BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

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Intel Market Cap Surpasses $500 Billion, Trump Administration's Stake Nearly Quintuples in Less Than a Year

As of May 1, Bitget market data shows Intel’s U.S. stock market capitalization has topped $500 billion, with its share price exceeding $100—up 4.8% intraday and over 173% year-to-date. In August last year, the Trump administration converted $8.9 billion in "Chip Act" appropriations and Secure Enclave funding into 433.3 million Intel shares at $20.47 apiece, securing roughly 9.9% ownership. With Intel’s intraday share price hitting $100 today, that holding is now worth around $49.5 billion—nearly a fivefold jump in less than a year. Additionally, the U.S. government holds warrants to purchase an extra 5% stake at $20 per share.

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Ethereum Foundation's affiliated wallet deposits 1,744 ETH into Kraken, worth $4.03 million

May 1: An Ethereum Foundation-linked wallet deposited 1,744 ETH (valued at $4.03 million) to Kraken, per OnchainLens monitoring.

16 minutes ago

The S&P 500 Index hit an intraday high of 7272.52, extending its record rally.

On May 1, per Bitget market data, the S&P 500 hit an intraday high of 7272.52 points, notching a new all-time high.

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The US Navy's largest aircraft carrier, the USS Gerald R. Ford, has departed the Middle East region.

May 1 (CCTV International News) — U.S. officials say the U.S. Navy’s largest aircraft carrier, the USS Gerald R. Ford, has departed the Middle East. With the Ford’s departure, the Navy now maintains two aircraft carrier strike groups in the region: the USS Abraham Lincoln and the USS George H.W. Bush.

16 minutes ago

BlackRock deposited 26,273 ETH and 226.677 BTC into Coinbase Prime

On May 1, Arkham Data notes that BlackRock has deposited 26,273 ETH (valued at ~$59.89 million) to Coinbase Prime via its Ethereum ETF, ETHA, and 226.677 BTC (worth ~$17.54 million) to the same platform through its Bitcoin ETF, IBIT.

16 minutes ago

The US Stock Market Saw Continued Strength in the Storage Sector, with Micron Technology Rising by 5.07%

On May 1, Bitget market data shows the U.S. stock storage sector extended its upward trend. Micron Technology rose 5.07%, SanDisk gained 4.03%, Western Digital edged up 0.01%, and Seagate Technology climbed 5.32% — all hitting intraday record highs.

16 minutes ago

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