Bhutan uses excess hydro power to mine bitcoin.
Odaily Planet Daily News: JPMorgan analysts have started to pay attention to Circle (CRCL) stocks, giving them a write down rating and setting a target price of $80 for December 2026. Analyst Kenneth Worthington pointed out that the forecast target is a 55% drop from the current CRCL stock price of $180, based on an expected 45 times earnings per share (EPS) for 2027 plus a potential premium of $10. Given Circle's first mover advantage and numerous use cases, it holds a favorable position in the emerging stablecoin market, but its current market value is already too high. If the target price for December 2026 is $80, this means a market value of approximately $21 billion. (Cointelegraph)
BlockBeats News: On June 30th, Mike Wilson, Chief Equity Strategist at Morgan Stanley, pointed out that the stock market's rise since April has mainly been driven by fundamentals. Despite the possibility of consolidation in the short term, he remains optimistic about the trend for the next 6-12 months as corporate profits improve and market expectations for interest rate cuts rise. The bank believes that three major factors will support the upward trend: Profit improvement: The earnings per share (EPS) correction rate has rebounded from -25% in April to -5%, providing support for further upward movement of the stock index; Expectation of interest rate cuts: The market has begun to digest the loose policy of the Federal Reserve, and Morgan Stanley expects to cut interest rates a total of seven times by 2026; Risk mitigation: The decline in oil prices and easing of policy/geopolitical risks have significantly reduced concerns about economic recession. Wilson said that the current environment is favorable for a general market rise - the market will spread from high-quality large cap stocks to a wider range, and interest rate risk is currently controllable.
Odaily Planet Daily News: Hypurrscan data shows that six minutes ago, the giant whale AguilaTrades liquidated half of its 20 fold short positions and withdrew 1.1 million USDC back to Arbitrarum. Currently, its short position value is $53.92 million, with a liquidation price of $124580.
According to on chain analyst @ ai_9684xtpa monitoring, AguilaTrades, a giant whale, liquidated its position of 500 BTC and lost $17700 2 minutes ago. At present, he still holds 500.85 BTC (worth 53.93 million US dollars), with an opening price of 107613.1 US dollars and a clearing price of 124580 US dollars, resulting in a floating loss of 30000 US dollars.
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9031749175 Hello everyone, I am Liyuan. I will be live streaming for everyone at exactly 7 pm tonight. Firstly, let's review last week's market performance. After Bitcoin hit 100000 again, it started to rise strongly again, and the entire market is slightly sluggish. The unilateral rise of Bitcoin this time is clearly not as strong as last time, and the overall bullish volume is still insufficient. It continues to attract funds at the 108000 level, and there is a 90% probability of a bearish trend in July as a whole. For ETH, it is currently at a strong pressure level, with short positions around 2500, stop loss around 2600, and take profit around 1800. For BTC, it is possible to go short at the market price around 108700, with a stop loss of 112000 and a take win of 94000 to 80000 The current market trend continues to alternate between yin and yang, presenting a saw and saw pattern of oscillation. The daily chart clearly shows a continuous bearish trend, with multiple crosses formed and small solid columns, showing a regular trend of market washing. Although it reached a high last night, it fell back at midnight and closed with a bearish trend. The unilateral market is still lacking momentum. On the four hour chart, the downward trend and rebound repeatedly occur, with the low point being stable and slightly rising. However, the resistance at the high point remains strong and unbroken, making it difficult to find sustained short-term space. Suggest focusing on rebounding short positions. Tonight's live broadcast will provide real-time explanations for everyone, including the layout of the mainstream Ethereum knockoff market. QQ group number: 923794278 Meeting number: 9031749175 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.