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Crypto Stock Rally Losing Steam? Ark Invest Dumps Coinbase and Circle Shares
Crypto Stock Rally Losing Steam? Ark Invest Dumps Coinbase and Circle Shares

Ark Invest’s multi-million-dollar sell-off of Coinbase and Circle shares suggests growing caution as the explosive crypto stock rally of 2025 begins to show signs of fatigue.

BeInCrypto·2025/07/01 02:56
BitMine’s $250 Million Ethereum Bet Drives 695% Stock Surge, Tom Lee Joins as Chairman
BitMine’s $250 Million Ethereum Bet Drives 695% Stock Surge, Tom Lee Joins as Chairman

BitMine’s announcement of a $250 million Ethereum treasury plan, alongside Tom Lee's appointment as chairman, propelled its stock to a 694.8% surge. The company aims to become one of the largest publicly traded ETH holders.

BeInCrypto·2025/07/01 00:40
Flash
  • 20:24
    All Three Major U.S. Stock Indexes Close Lower
    According to Jinse Finance, all three major U.S. stock indexes closed lower, with the Dow Jones down 0.94%, the Nasdaq down 0.92%, and the S&P 500 down 0.79%. Shares of Japanese and South Korean companies listed in the U.S. declined, with Nissan Motor falling over 7%, Toyota Motor nearly 4%, South Korea’s SK Telecom over 7%, and LG Display over 8%. Most major tech stocks also dropped, with Tesla down more than 6%, and Apple and Google both down over 1%.
  • 19:28
    Sources: EU seeks agreement with US to offset automotive trade imbalance
    According to a report by Jinse Finance, EU sources revealed that the European Union is exploring a potential automotive agreement to offset the imbalance between U.S. automobile exports and imports. The EU may secure basic tariff exemptions for aircraft and spirits in its trade agreement with the United States.
  • 18:13
    Goldman Sachs: The Fed May Cut Interest Rates in September
    According to a report by Jinse Finance, Goldman Sachs stated that the Federal Reserve may cut interest rates in September. As the impact of tariffs diminishes and inflation recedes, the Fed could move up its timeline for rate cuts. The terminal rate range is now expected to be 3.00-3.25%, compared to the previous forecast of 3.50%-3.75%.
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