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08:59
Circle has minted an additional $500 million USDC on Solana in the last half hour
BlockBeats News, June 8th, according to Whale monitoring, Circle issued another 250 million USDC on Solana today at 16:53 (UTC+8). Within approximately half an hour, it has issued a total of 500 million USDC on Solana.
08:28
Institution: Tech Stock Plunge Not an AI Logic Reassessment, Key is to Watch Giant Capex Slowdown
BlockBeats News, June 8th. The Asian market on Monday continued last week's brutal sell-off, with the South Korean KOSPI index plummeting over 8%, led by the semiconductor sector. Mark Vale, Investment Director at Lucerne Asset Management, stated, "This wave of movement appears to be more of a unwind of positions and momentum strategies, rather than a reassessment of the long-term artificial intelligence story. South Korean tech stocks have long been among the best-performing stocks globally. With a highly concentrated market positioning, these stocks naturally became a source of liquidity when interest rate expectations shifted after last week's non-farm payroll report. The key question now is whether the AI spending of mega-cap companies will slow down. At this stage, we have not seen evidence of this."
08:26
Micron Technology Rises Over 7% in Pre-Market Trading
On June 8, Micron Technology rose over 7% in pre-market trading, following news that the company is set to be included in the SP 500 index.
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