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Lighter Launches ANTHROPIC Perpetual Contract with Up to 5x Leverage
BlockBeats News, June 7th - According to official sources, the decentralized perpetual contract trading platform Lighter announced the launch of ANTHROPIC (Pre-IPO) perpetual contracts, supporting up to 5x leverage.
BlockBeats News, June 7th - According to official sources, the decentralized perpetual contract trading platform Lighter announced the launch of ANTHROPIC (Pre-IPO) perpetual contracts, supporting up to 5x leverage.
「BTC OG Insider Whale」 Proxy Liquidates ZEC Short Position, Profits $11.24 million
BlockBeats News, June 7th, according to HyperInsight monitoring, the 「BTC OG Whale Insider」's agent Garrett Jin address closed a ZEC short position 10 minutes ago, ultimately profiting $11.24 million. Currently, the address is still 5x long with a position of 1268.33 BTC, realizing a loss of $18.17 million.
BlockBeats News, June 7th, according to HyperInsight monitoring, the 「BTC OG Whale Insider」's agent Garrett Jin address closed a ZEC short position 10 minutes ago, ultimately profiting $11.24 million. Currently, the address is still 5x long with a position of 1268.33 BTC, realizing a loss of $18.17 million.
Huang Renxun Visits South Korea to Deepen Cooperation, Meets with Executives from SK Hynix, Samsung Electronics, and Other Tech Companies
BlockBeats News, June 7th, NVIDIA (NVDA.O) CEO Jensen Huang said that the company's new Vera central processing unit will use SK Hynix's storage chips, and the two companies are expected to further cooperate in the next year.
Jensen Huang told reporters outside a restaurant in Seoul on Sunday that he had dinner that day with SK Group Chairman Choi Tae-won, SK Hynix CEO Lee Seok-Hee, and SK Telecom executives. He said, "Our cooperation with SK Hynix this year is very large in scale, and we are preparing for even larger-scale cooperation in the second half of this year and next year. We have launched the Vera CPU, which is a revolutionary central processor and will also use SK Hynix's DRAM memory."
Vera is NVIDIA's first independent data center microprocessor, directly competing with Intel's Xeon series, AMD's EPYC chips, and custom chips from large enterprises like Amazon's Graviton.
Jensen Huang arrived in Korea on Friday to visit partners and suppliers. He plans to meet with Samsung Electronics Vice Chairman Jay Y. Lee on Monday, as well as executives from Hyundai Motor Group and LG Group. He also mentioned that discussions are underway with telecommunication companies because future telecom networks will be used for artificial intelligence applications. (Golden Finance)
BlockBeats News, June 7th, NVIDIA (NVDA.O) CEO Jensen Huang said that the company's new Vera central processing unit will use SK Hynix's storage chips, and the two companies are expected to further cooperate in the next year.
Jensen Huang told reporters outside a restaurant in Seoul on Sunday that he had dinner that day with SK Group Chairman Choi Tae-won, SK Hynix CEO Lee Seok-Hee, and SK Telecom executives. He said, "Our cooperation with SK Hynix this year is very large in scale, and we are preparing for even larger-scale cooperation in the second half of this year and next year. We have launched the Vera CPU, which is a revolutionary central processor and will also use SK Hynix's DRAM memory."
Vera is NVIDIA's first independent data center microprocessor, directly competing with Intel's Xeon series, AMD's EPYC chips, and custom chips from large enterprises like Amazon's Graviton.
Jensen Huang arrived in Korea on Friday to visit partners and suppliers. He plans to meet with Samsung Electronics Vice Chairman Jay Y. Lee on Monday, as well as executives from Hyundai Motor Group and LG Group. He also mentioned that discussions are underway with telecommunication companies because future telecom networks will be used for artificial intelligence applications. (Golden Finance)
Trader Eugene: Has Exited the Crypto Market for Stocks, Will Not Try to "Buy the Dip" in Bitcoin Anymore
BlockBeats News, June 7th - Trader Eugene Ng Ah Sio announced on his personal channel that he has mostly exited the cryptocurrency market since May 13th this year and has shifted his focus to stock market research. He believes that compared to the current crypto market, the stock market is more attractive in terms of research depth, cognitive challenges, and trading and investment opportunities. Based on his assessment of the industry's current situation, he expects to maintain this strategy for the foreseeable future, only keeping an eye on cryptocurrency industry trends without actively participating in trading.
Eugene further stated that he has no plans to re-enter the crypto market unless an extremely attractive risk-reward opportunity appears, which he has not seen yet. He believes that the development trajectory of the crypto market is weakening its attractiveness as a trading and investment field, so he will focus on the traditional stock market in the short term.
Regarding his strategy, Eugene believes that the related risks are just beginning to emerge. He mentioned that even though Strategy has recently sold more Bitcoin, it is merely delaying the issue rather than solving it. He is not optimistic about Bitcoin's long opportunities until the strong correlation between Strategy and Bitcoin is broken. As for the market's bottom position, he admitted his inability to determine it and mentioned that he no longer attempts to catch falling knives through bottom fishing trades.
BlockBeats News, June 7th - Trader Eugene Ng Ah Sio announced on his personal channel that he has mostly exited the cryptocurrency market since May 13th this year and has shifted his focus to stock market research. He believes that compared to the current crypto market, the stock market is more attractive in terms of research depth, cognitive challenges, and trading and investment opportunities. Based on his assessment of the industry's current situation, he expects to maintain this strategy for the foreseeable future, only keeping an eye on cryptocurrency industry trends without actively participating in trading.
Eugene further stated that he has no plans to re-enter the crypto market unless an extremely attractive risk-reward opportunity appears, which he has not seen yet. He believes that the development trajectory of the crypto market is weakening its attractiveness as a trading and investment field, so he will focus on the traditional stock market in the short term.
Regarding his strategy, Eugene believes that the related risks are just beginning to emerge. He mentioned that even though Strategy has recently sold more Bitcoin, it is merely delaying the issue rather than solving it. He is not optimistic about Bitcoin's long opportunities until the strong correlation between Strategy and Bitcoin is broken. As for the market's bottom position, he admitted his inability to determine it and mentioned that he no longer attempts to catch falling knives through bottom fishing trades.
The S&P 500 Index will include Marvell and Flex
BlockBeats News, June 7th, Standard & Poor's Dow Jones Indices announced the latest quarterly index adjustments. Artificial Intelligence (AI) infrastructure concept stock Marvell Technology (MRVL.US) and electronic manufacturing services giant Flex Ltd. (FLEX.US) will be officially included in the S&P 500 Index, replacing pool equipment manufacturer Pool Corp. (Pool.US) and food company Campbell Soup Co. (CPB.US).
According to the announcement, this adjustment will take effect before the opening of the market on June 22nd.
BlockBeats News, June 7th, Standard & Poor's Dow Jones Indices announced the latest quarterly index adjustments. Artificial Intelligence (AI) infrastructure concept stock Marvell Technology (MRVL.US) and electronic manufacturing services giant Flex Ltd. (FLEX.US) will be officially included in the S&P 500 Index, replacing pool equipment manufacturer Pool Corp. (Pool.US) and food company Campbell Soup Co. (CPB.US).
According to the announcement, this adjustment will take effect before the opening of the market on June 22nd.
NVIDIA and South Korea's SK Group Expected to Announce Collaboration Plans on Monday
On June 7, NVIDIA and South Korea's SK Group are expected to announce their collaboration plans on Monday. A representative from the American chip company stated that the current tight supply of memory chips will continue for several years. A spokesperson for SK Hynix confirmed that Chairman Chey and NVIDIA CEO Jensen Huang are scheduled to present the collaboration plans to the media on Monday morning, corroborating earlier reports from South Korean media. Huang also mentioned that NVIDIA will release related information alongside SK Group on Monday. In an interview with reporters, he stated, "Our collaboration covers multiple areas, including artificial intelligence supercomputers, central processing units, new personal computers, and robotics technology. This meeting is to finalize the relevant plans, and specific details may be announced tomorrow." He did not disclose further details. Huang also pointed out that there are no signs of relief regarding the memory chip shortage. "The entire industry supply chain, from wafers, packaging to silicon photonics modules, is experiencing shortages, rooted in persistently high market demand. This tight situation will continue for several years."
On June 7, NVIDIA and South Korea's SK Group are expected to announce their collaboration plans on Monday. A representative from the American chip company stated that the current tight supply of memory chips will continue for several years. A spokesperson for SK Hynix confirmed that Chairman Chey and NVIDIA CEO Jensen Huang are scheduled to present the collaboration plans to the media on Monday morning, corroborating earlier reports from South Korean media. Huang also mentioned that NVIDIA will release related information alongside SK Group on Monday. In an interview with reporters, he stated, "Our collaboration covers multiple areas, including artificial intelligence supercomputers, central processing units, new personal computers, and robotics technology. This meeting is to finalize the relevant plans, and specific details may be announced tomorrow." He did not disclose further details. Huang also pointed out that there are no signs of relief regarding the memory chip shortage. "The entire industry supply chain, from wafers, packaging to silicon photonics modules, is experiencing shortages, rooted in persistently high market demand. This tight situation will continue for several years."
Token Unlocks Next Week: HOME and ME Tokens Set to Unlock Over $40 Million
Token Unlocks data shows that next week will see the unlocking of several tokens, including: Aptos (APT) will unlock approximately 11.31 million tokens on June 12, valued at around $7.6 million; HOME (HOME) and Magic Eden (ME) will unlock approximately 750 million tokens and 172 million tokens on June 10, valued at approximately $40.2 million and $10.4 million respectively; HumidiFi (WET) will unlock approximately 256 million tokens on June 9, valued at around $14.5 million.
Token Unlocks data shows that next week will see the unlocking of several tokens, including: Aptos (APT) will unlock approximately 11.31 million tokens on June 12, valued at around $7.6 million; HOME (HOME) and Magic Eden (ME) will unlock approximately 750 million tokens and 172 million tokens on June 10, valued at approximately $40.2 million and $10.4 million respectively; HumidiFi (WET) will unlock approximately 256 million tokens on June 9, valued at around $14.5 million.
「Stock God」 Serenity: Price Increase Does Not Necessarily Create Value, Avoid Companies with 'Toxic' Financing Structures or Debt Overhang
BlockBeats News, June 7th, the "Stock God" Serenity posted on social media reminding investors to pay attention to corporate financing structure and outstanding share dynamics, stating that this is crucial for investment returns, and gave examples:
IREN: The financing method involves significant dilution, with each rebound being sold off, essentially classified as a "bad stock."
NBIS: The stock price has risen 153% since the beginning of the year, benefiting from an optimized financing structure (such as direct financing, convertible bond combination, etc.).
CRWV: With soaring debt interest, the company has opted for high-interest loans for GPU financing, eroding free cash flow in the long term.
Serenity pointed out that if the company has a strong fundamental background, one can consider buying after the original holdings have been diluted. However, for those focusing on equity appreciation, they should stay away from "toxic" financing structures or companies burdened with debt. Small-cap companies are at higher risk, with SLNH adding $500 million in ATM (at-the-market) offerings, while having a market cap of only $2.5 billion; BKKT keeps diluting stock for executive compensation. These companies are essentially shifting investor funds to the company, often concealed by public opinion or influencer hype. Serenity emphasized that investors must carefully analyze equity structure, dilution risk, and hidden costs when screening targets, to prevent merely looking at profits while ending up with reduced actual ownership.
BlockBeats News, June 7th, the "Stock God" Serenity posted on social media reminding investors to pay attention to corporate financing structure and outstanding share dynamics, stating that this is crucial for investment returns, and gave examples:
IREN: The financing method involves significant dilution, with each rebound being sold off, essentially classified as a "bad stock."
NBIS: The stock price has risen 153% since the beginning of the year, benefiting from an optimized financing structure (such as direct financing, convertible bond combination, etc.).
CRWV: With soaring debt interest, the company has opted for high-interest loans for GPU financing, eroding free cash flow in the long term.
Serenity pointed out that if the company has a strong fundamental background, one can consider buying after the original holdings have been diluted. However, for those focusing on equity appreciation, they should stay away from "toxic" financing structures or companies burdened with debt. Small-cap companies are at higher risk, with SLNH adding $500 million in ATM (at-the-market) offerings, while having a market cap of only $2.5 billion; BKKT keeps diluting stock for executive compensation. These companies are essentially shifting investor funds to the company, often concealed by public opinion or influencer hype. Serenity emphasized that investors must carefully analyze equity structure, dilution risk, and hidden costs when screening targets, to prevent merely looking at profits while ending up with reduced actual ownership.
New Stock Guru Serenity Warns Investors: Beware of Infinite Dilution Traps and Avoid Companies with Toxic Financing Structures
New stock guru Serenity posted on platform X, reminding investors to pay attention to financing structures and the dynamics of circulating shares. If the fundamentals are strong, investors may consider going long after their original holdings have been nearly fully diluted. However, if focusing on equity appreciation, they should steer clear of companies with toxic financing structures or those burdened by debt, especially small-cap companies which carry greater risks. Serenity provided examples: 1. IREN: Financing methods approach infinite dilution, with each rebound being sold off, essentially categorizing it as a 'bad stock.' 2. NBIS: Up 153% year-to-date, benefiting from an optimized financing structure (such as direct financing, convertible bond combinations, etc.). 3. CRWV: High debt interest rates, with the company resorting to payday loans for GPU financing, which erodes free cash flow in the long term. Serenity further reminded investors to carefully analyze equity structures, dilution risks, and hidden costs when selecting targets, to avoid focusing solely on profits while actual equity diminishes.
New stock guru Serenity posted on platform X, reminding investors to pay attention to financing structures and the dynamics of circulating shares. If the fundamentals are strong, investors may consider going long after their original holdings have been nearly fully diluted. However, if focusing on equity appreciation, they should steer clear of companies with toxic financing structures or those burdened by debt, especially small-cap companies which carry greater risks. Serenity provided examples: 1. IREN: Financing methods approach infinite dilution, with each rebound being sold off, essentially categorizing it as a 'bad stock.' 2. NBIS: Up 153% year-to-date, benefiting from an optimized financing structure (such as direct financing, convertible bond combinations, etc.). 3. CRWV: High debt interest rates, with the company resorting to payday loans for GPU financing, which erodes free cash flow in the long term. Serenity further reminded investors to carefully analyze equity structures, dilution risks, and hidden costs when selecting targets, to avoid focusing solely on profits while actual equity diminishes.
Huang Renxun: There may be some announcements tomorrow
BlockBeats News, June 7th, NVIDIA CEO Jensen Huang stated, we may make some announcements tomorrow. (FXStreet)
BlockBeats News, June 7th, NVIDIA CEO Jensen Huang stated, we may make some announcements tomorrow. (FXStreet)