Blockbeats

Blockbeats

Tomorrow’s news rhymes on BlockBeats.

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Blockbeats
Blockbeats
A newly created ETH whale address has withdrawn 1,236 ETH from OKX again
BlockBeats news, on October 5, according to on-chain data analyst @ai_9684xtpa monitoring, the ETH whales who newly opened positions yesterday continued to increase their holdings today, withdrawing 1236 ETH from OKX again 1 hour ago. The amount of ETH accumulated since yesterday has increased to 2656 ETH (about 7.18 million USD), with an average withdrawal price of 2703.3 USD, currently floating a profit of 19,500 USD.
Blockbeats
Blockbeats
Bitmine increased its holdings by 15,112 ETH last week
BlockBeats news, on October 5th, according to official information, Bitmine increased its holdings by 15,112 ETH last week, with a total position of 6,016,414 ETH.
Blockbeats
Blockbeats
Strive spent $169 million last week to increase its holdings by 2,000 bitcoins, bringing the total holdings to 29,462 bitcoins
BlockBeats news, on October 5, Strive CEO Matt Cole revealed that Strive purchased 2,000 BTC at an average price of $84,422 each, with a total expenditure of approximately $169 million. The company's total Bitcoin holdings have thus increased to 29,462 BTC. In this financing round, 61.5% of the funds came from SATA, and the warrants generated an additional $56.7 million in revenue.
Blockbeats
Blockbeats
Market news: Strategy increased its Bitcoin holdings by 334 last week
BlockBeats news, on October 5, according to market sources, Strategy increased its Bitcoin holdings by 334 last week, bringing its total holdings to 848,000 Bitcoins.
Blockbeats
Blockbeats
Bitunix Analyst: Unexpected Cooling in Nonfarm Payrolls, Weak Employment Provides Room for the Fed to Pause Rate Hikes
BlockBeats reports that on October 5, U.S. nonfarm payrolls in September increased by only 29,000, far below the market expectation of 90,000. The unemployment rate rose to 4.2%, and the combined job gains for July and August were revised down by 60,000, with the three-month average increase dropping to about 50,000. Average hourly earnings rose by just 0.1% month-over-month and 3.0% year-over-year, indicating a simultaneous slowdown in hiring momentum and wage pressure. Although the September d
Blockbeats
Blockbeats
Global tech billionaires' wealth increased by $845 billion this year, setting a record high
BlockBeats news, on October 5th, according to Bloomberg, as of September, the wealth of about 100 global tech billionaires increased by $845 billion, setting a new record. This growth was mainly driven by the AI boom and the surge in U.S. tech stocks. Their combined wealth reached $4.6 trillion, while billionaires outside the tech sector lost $62 billion. Elon Musk alone increased his wealth by $310 billion, accounting for about 40% of the overall increase in the Bloomberg Billionaires Index.
Blockbeats
Blockbeats
Tom Lee: Future inflation data is expected to decline, and the crypto bull market and new stock market highs are already reflecting the upcoming easing financial conditions
BlockBeats news, on October 5, Tom Lee stated in an interview with CNBC: "I think before last week's employment report was released, the market was trading based on the 'most hawkish Fed' scenario, expecting three rate hikes, including a 75% probability of a hike in October. But the final employment report was soft. In two weeks, we will get the September inflation report. In our view, we believe some one-off factors are fading, so I think inflation data will be soft over the next six months,
Blockbeats
Blockbeats
Morgan Stanley reiterates its "overweight" rating on SpaceX, with a target price of $300
BlockBeats news, on October 5, Morgan Stanley reiterated its "overweight" rating on SpaceX with a target price of $300, and believes that once its growth prospects are considered, the stock looks "very cheap." Analyst Adam Jonas stated that on a growth-adjusted basis, SpaceX's trading valuation is about 40% lower than that of mega-cap AI peers. Potential catalysts include the upcoming Starship flight, Q3 earnings report, Grok release, and more Neocloud deals, with a successful Starship captur
Blockbeats
Blockbeats
Survey: Nearly 70% of wealthy investors in Europe and America hold crypto assets and plan to increase their exposure by 2026
BlockBeats reports that on October 5, CoinShares stated in its latest survey that wealthy investors' willingness to allocate to crypto continues to expand. The firm surveyed 2,230 wealthy investors across the US, UK, France, Germany, Italy, Sweden, and Switzerland, with digital asset ownership rates ranging from 54% to 70%; among them, the ownership rates in the US, UK, and Germany are all close to 70%. Among respondents who already hold digital assets, there is a strong willingness to increase
Blockbeats
Blockbeats
Stifel: Raises Lumentum target price from $1100 to $1232
BlockBeats news, on October 5, Stifel raised the target price of Lumentum (LITE.O) from $1100 to $1232.