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Citrini Analyst: Lumentum's management may believe the market will crash within two to three years.

1 hours ago

Citrini analyst Jukan commented on the Marvell-Lumentum acquisition on social media, stating the only reason Lumentum’s management agreed to the deal is their lack of confidence in the current AI development cycle, as they expect the market to crash within two to three years. Data from the BIT stock platform shows Marvell (MRVL) once dropped 6.52% at opening, while Lumentum (LITE) fell as much as 11.38%.

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Stablecoin Supply Falls $4.53B as Public Companies Add 1,462 BTC

Oct 26–Nov 1, 2026 #LookonchainWeeklyReport ?? Overview Stablecoin supply fell by $4.53B last week, DEX spot volume rebounded and perp volume rebounded, while public companies added 1,462 BTC. ?? Stablecoin Market The total stablecoin market cap decreased by $4.53B. ?? Spot &

12 minutes ago

During intraday trading in the U.S. stock market, the three major indexes rose more than 1%, with SPCX up nearly 4.7% and MSTR up nearly 3.9%.

According to data from the BIT Stock Platform, the three major U.S. stock indexes rose during intraday trading: the Dow Jones Industrial Average gained over 1%, the S&P 500 rose around 1%, and the Nasdaq increased by approximately 1.1%. Optical communications leader Lumentum (LITE) fell more than 10%, Marvell (MRVL) dropped over 5%, while SpaceX (SPCX) gained nearly 4.7%. In the storage sector, SK Hynix’s U.S. ADR (SKHY) rose nearly 4%, and Seagate (STX) fell nearly 3.5%. Crypto-related stocks saw Strategy (MSTR) rise nearly 3.9%, Circle (CRCL) gain around 3.5%, and BitMine (BMNR) increase by approximately 3%. The CBOE Volatility Index (VIX) fell nearly 6.8% to around 18.1.

12 minutes ago

Tether Freezes Over 4.5 Million USDT Linked to Mercado Bitcoin Security Incident

According to Tether CEO Paolo Ardoino’s disclosure on X, Tether has frozen over 4.5 million USDT linked to the security incident. Brazilian cryptocurrency exchange Mercado Bitcoin issued a statement saying it has swiftly identified and contained a security incident affecting its systems.

12 minutes ago

Oracle's decline widened to 6.5%, hitting its lowest level since July.

Additionally, data from the BIT stock platform shows that Oracle (ORCL.N)’s stock price decline has widened to 6.5%, hitting its lowest level since July.

12 minutes ago

USDC treasury burns 100 million tokens, valued at approximately $100.2 million.

According to monitoring by Whale Alert, 100 million USDC, valued at approximately $100.151 million, were burned in the USDC Treasury, with the relevant transaction taking place on the Solana blockchain.

12 minutes ago

US stocks saw LITE drop over 10% intraday, MRVL fall more than 6%, and Neocloud's shares weaken across the board.

According to data from the BIT Stock Platform, major U.S. stock indexes edged higher during intraday trading: the Dow Jones Industrial Average rose approximately 1%, while the S&P 500 and Nasdaq Composite gained nearly 0.6%. Leading optical communications firm Lumentum (LITE) fell over 10%, and Ciena (CIEN) dropped nearly 3.9%. The Neocloud sector was broadly weak, with stocks including Astera Labs (ALAB) down nearly 4.9%, Cipher Mining (CIFR) nearly 4.7%, AST SpaceMobile (ASTS) over 4.5%, CoreWeave (CRWV) nearly 4%, and Nebius (NBIS) over 3%. In the semiconductor space, Marvell (MRVL) fell over 6%. The storage sector saw Seagate (STX) drop nearly 4.6%. SpaceX (SPCX) rose nearly 3.7%, and the VIX index fell nearly 3.7% to around 18.7.

12 minutes ago

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