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ZEC skyrockets 500% in October, fueled by celebrity mentions and major short squeezes.Celebrity Buzz Adds Fuel to the FireShort Squeezes Drive a Vertical RallyWhat’s Next for ZEC?
Canaan to supply 4.5MW of water-cooled Bitcoin miners to Japan, aiding real-time power grid balancing.Balancing the Grid with Crypto TechnologyGreen Mining: The Future of Crypto Infrastructure
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SEGG Media announces a $300M Bitcoin treasury plan, making a bold move into crypto investments.Why a Bitcoin Treasury MattersA Catalyst for Institutional Crypto Adoption?
- 21:52Altcoins surge across the board, FIL up over 100% in 24 hoursJinse Finance reported that the market shows a general increase in altcoins, among which: FIL briefly surged to a high of $3.973 and is now quoted at $3.39, with a 24-hour increase of 101.2%; STRK is now quoted at $0.1497, with a 24-hour increase of 44.1%; NEAR is now quoted at $2.85, with a 24-hour increase of 40.0%; AR is now quoted at $7.28, with a 24-hour increase of 34.0%; ZEC is now quoted at $711.67, with a 24-hour increase of 32.2%; MINA is now quoted at $0.2082, with a 24-hour increase of 24.5%; DOT is now quoted at $3.26, with a 24-hour increase of 23.5%. The market is experiencing significant volatility, please manage your risks accordingly.
- 21:49JPMorgan: IREN's Shift to AI Infrastructure Brings Long-term Benefits, but May Increase Short-term Financial PressureJinse Finance reported that JPMorgan analysts stated that the $9.7 billion contract signed between IREN and Microsoft marks an important step for the company in transitioning from bitcoin mining to artificial intelligence infrastructure, and predicted that its rapid expansion may put pressure on its balance sheet in the coming year. In a client report released Thursday, the bank raised IREN's target share price for December 2026 from $24 to $28, citing the strong momentum of IREN's AI cloud business and the validation of new hyperscale partnerships. However, the analysts also pointed out that as IREN expands its GPU clusters and data center scale, the company faces significant capital requirements and potential equity dilution risks.
- 21:31U.S. stocks end previous three-week winning streakJinse Finance reported that the three major U.S. stock indexes closed mixed, ending a previous three-week winning streak. The Nasdaq fell 0.21%, down 3.04% for the week; the S&P 500 rose 0.13%, down 1.63% for the week; the Dow Jones rose 0.16%, down 1.21% for the week. Major technology stocks were mixed: Tesla fell more than 3%, Google dropped over 2%, Apple and Microsoft saw slight declines; Intel rose over 2%, while Nvidia, Netflix, Amazon, and Meta saw modest gains. Notably, Microsoft fell for eight consecutive days, marking its longest losing streak since November 2011.