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NVIDIA and SK hynix announce a multi-year technology partnership

1 hours ago

June 8 – NVIDIA and SK Hynix have announced a multi-year technical partnership focused on advancing memory solutions for AI factories. Under the agreement, SK Hynix will collaborate closely with NVIDIA to develop specialized memory products tailored for NVIDIA’s Vera Rubin, Vera CPU, RTX Spark, and Jetson Thor platforms.
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Huang Renxun’s Pump-and-Dump Drives Tradfi Platform Hynix Stock Price Up Over 4% Following Korean Trading Halt

June 8: After a trading halt on South Korea’s stock market, Jensen Huang (Huang Renxun) swiftly placed a buy order, stating, “Everyone has the opportunity to buy stocks at a lower price.” Likely driven by this action, SK Hynix’s stock continued to rebound on Tradfi platforms: trading at $1288 on trade.xyz and $1305 on Binance, marking an over 4% gain following the South Korean trading pause. According to Bitget’s market data, after SK Hynix resumed trading on South Korea’s stock exchange, its stock stabilized after an earlier dip. It is now priced at 1.986 million South Korean won (equivalent to $1277.56), with its decline narrowed to 3.96%.

4 minutes ago

「Binance Coin Life」 Whale Garrett Jin Increases Holdings by Another 4.2 Million Coins in the Last 24 Hours

June 8 – According to Chainalysis, Binance Smart Chain (BSC) whale Garrett Jin purchased an additional 4.2 million BSC Life tokens via onchain transactions over the past 24 hours, worth $3.67 million. Jin now holds 288 million BSC Life tokens total, valued at $2.36 billion, accounting for 28.8% of the token’s entire supply. In the last week alone, the whale has bought 61.09 million BSC Life tokens at an average price of $0.7 per token, totaling $42.77 million in purchases.

4 minutes ago

South Korea's KOSPI Index Resumes Trading, Intraday Loss Narrows to 6.6%

On June 8, according to Bitget market data, South Korea’s KOSPI index resumed trading, with its intraday loss narrowing to 6.6%.

4 minutes ago

Huang Renxun: Everyone Has the Opportunity to Buy Stocks at a Lower Price

June 8, NVIDIA CEO Jensen Huang said everyone has a chance to buy stocks at a lower price.

4 minutes ago

The US Department of the Treasury plans to raise the TGA balance to around $1 trillion.

On June 8, the U.S. Treasury Department announced plans to lift its Treasury General Account (TGA) balance to roughly $900 billion by the end of June, and reach $1 trillion by the end of July. Analysts point out that replenishing the TGA will drain liquidity from the broader financial system. Currently, the Federal Reserve’s Reverse Repurchase Agreement (RRP) balance has tumbled from a 2022 peak of over $2.5 trillion to less than $100 billion. This trend may lead to more Treasury debt issuance or further drawdowns of bank reserves, putting pressure on risk assets including Bitcoin.

4 minutes ago

South Korea Stock Market Halts Trading, Tradfi Gains Trading Advantage Again, trade.xyz Sees Rebound in Shanghai力士

June 8: South Korean Stock Market Opens With 8% Plunge, Sparks Trading Halt As of June 8 morning, the South Korean stock market opened sharply down 8%, triggering a trading halt. SK Hynix’s current price is 1,904,000 South Korean won (approximately $1,226.23). That said, the traditional finance (TradFi) market did not face a trading halt. On trade.xyz, SK Hynix rebounded right after the trading pause and is now trading at $1,241. On Binance, it’s valued at $1,254.74.

4 minutes ago

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