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Telos, a decentralized 3rd-generation blockchain ecosystem, has announced a new partnership with Fireblocks. The partnership focuses on offering institutional-grade blockchain innovation with improved accessibility and security. The platform disclosed this endeavor in its recent X post.

https://twitter.com/HelloTelos/status/1866133795176350048?t=my8DAdWVNK5HSl0rUEh-wg&s=19

Telos Partners with Fireblocks to Provide Institutional-Grade Custody and Accessibility Telos mentioned that, through this collaboration with Fireblocks, it intends to harness enterprise-grade custody and wallet technology to increase accessibility. Businesses and institutions can now benefit from the state-of-the-art infrastructure of Fireblocks to enjoy several features. They take into account secure custody, seamless interaction with Telos EVM DeFi, and expansion of access via the extensive network of Fireblocks.

Fireblocks’ MPC wallet technology and widespread key management ensure institutional-level security to protect holdings in digital assets. In addition to this, the users can leverage the resilient APIs and instruments that Fireblocks provides to streamline connectivity. This enables straight interaction with dApps operating on Telos without requiring complicated customizations. Apart from that, the Fireblocks network also has more than 2,000 businesses and institutions. They can delve into Telos-based assets and projects conveniently.

The key improvements that this integration enables include institutional-level custody, operational efficiency, DeFi accessibility, and global reach through Fireblocks. In this respect, the cutting-edge private key management of Fireblocks guarantees the safety of the Telos-based assets. Additionally, the Contract Call APIs, Browser Extension, and WalletConnect are the Fireblocks-based services that enable seamless interaction with decentralized applications and protocols on the Telos EVM. This streamlines asset transactions, liquidity, staking, and so on.

The simplified wallet infrastructure of Fireblocks provides relatively cost-effective and more rapid transfers. This aligns with Telos’ objective to offer a low-cost and high-performance blockchain experience. The Fireblocks Network links Telos to a worldwide institutional network. Moreover, it will facilitate the latest opportunities for engagement within the Telos network.

The partnership with Fireblocks makes Telos a leading player contributing to blockchain adoption among institutions. With the provision of scalable and secure solutions concerning Telos-based assets, the platform paves the way for new use cases and markets. According to Telos, this collaboration strengthens its appeal among financial institutions, enterprises, and custodians looking for blockchain integration.

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Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

Telos has integrated with several platforms across the crypto ecosystem as it looks to unlock cross-chain liquidity and decentralized finance opportunities.

The Telos Foundation announced the expansion via X, noting that Telos now leverages the technology and solutions of Stargate, BitGo, and Circle to enhance network security, accessibility, and liquidity.

Specifically, Telos is tapping into Stargate, a cross-chain liquidity protocol built on LayerZero, to enable multi-chain native asset transfers. This integration will allow users to bridge tokens between Telos and 30 other networks, opening new opportunities in a multi-chain decentralized finance ecosystem.

Other integrations include with Hydra, a part of Stargate v2 to bring assets such as wrapped Bitcoin (wBTC), USDC (USDC) and Tether (USDT) to Telos. 

“By bringing high-value, widely used tokens to Telos, Hydra enhances liquidity accessibility and fosters deeper DeFi engagement,” Telos Foundation wrote.

Telos’ wBTC and USDC integration is via BitGo and Circle, with the two companies among top ecosystem providers. Partnering with BitGo not only brings wBTC to Telos, but also ensures this happens with the support of a provider that can unlock liquidity for institutional access on the platform. 

Circle allows for a bridged version of its USDC stablecoin to go live on Telos, with this offering the option for native USDC to deploy on the Telos mainnet. 

According to DeFiLlama, the total value locked in DeFi protocols on Telos is currently around $16.6 million. The Telos TVL is spread across decentralized exchanges, lending protocols, real-world asset platforms and liquid staking providers among others.

Telos Foundation said in the announcement that the upgrades and integrations it has secured will be crucial to the Telos blockchain’s interoperability and footprint in DeFi. 

“The road is now open for massive liquidity to flow into the ecosystem, making Telos a prime destination for DeFi users and developers,” it noted.

New York, USA, November 12th, 2025, Chainwire

Telos, a high-performance Layer 1 blockchain known for its scalable EVM infrastructure, today announced a strategic engineering partnership with Protofire, a leading Web3 development firm. The collaboration aims to make on-chain privacy practical and production-ready—transforming it from a complex concept into a seamless developer experience that can power real-world blockchain adoption.

While many ecosystems treat privacy as an afterthought or a distant promise, this collaboration will focus on engineering it into the core developer experience. The partnership will establish the standards, tooling, and clear production patterns needed to build a new generation of privacy-enabled applications on Telos.

Protofire will serve as a core engineering partner, translating Telos’s ecosystem vision into production-ready infrastructure. The joint initiative will deliver a builder-first privacy stack, including:

Production Patterns & Blueprints: Reference implementations that encode security and best practices from day one, removing the guesswork for developers. Intuitive Tooling & DevEx: A streamlined developer experience with concise guides, starter kits, and clear migration paths for existing EVM projects User-Grade Privacy UX: Co-developing wallet experiences and standards that make private transactions frictionless for the end-user. “Privacy isn’t optional if we want real adoption,” said Justin Giudici, Co-founder and Head of Product at Telos. “Thousands of public blockchains offer full transparency – and most see little organic demand. Users expect privacy; it’s how real-world transactions work. Builders need privacy they can actually employ to create apps people will trust and use. This partnership is about making that the new standard.”

“Our philosophy is simple: if builders can’t use it, it doesn’t exist,” said Luis Medeiros, Venture Studio Owner at Protofire. “Our role is to eliminate the complexity that holds developers back. For Telos, we are not just providing code; we are forging a clear, repeatable path for building private applications. We’re creating the tools we wish we had when we started.”

By establishing clear standards and removing ambiguity, the partnership aims to increase weekly active developers on Telos and broaden the range of applications that can be credibly built with privacy as a native capability.

About Telos

Telos is an EVM-compatible Layer 1 blockchain built for privacy, performance, scalability, and real-world usability. With sub-second finality, MEV resistance, and a deflationary token model, Telos powers applications across DeFi, gaming, and enterprise.

About Protofire

Protofire is a Web3 engineering firm that serves as a core development partner for leading protocols, architecting the critical infrastructure that drives on-chain value and ecosystem growth. Users can learn more at protofire.io

A closely followed crypto investor, Bluntz, expects a strong rally in Moonriver (MOVR), a low-capitalization altcoin that has risen about sixfold in the last three months. The analyst also said that the price charts of Solana (SOL) and Sei (SEI) look fantastic.

Analyst Expects MOVR to Shine AgainAnonymous cryptocurrency analyst Bluntz announced to his followers on social media platform X that he is closely monitoring the MOVR of Moonriver, an Ethereum (ETH) compatible parachain built on Kusama (KSM). Bluntz shared a chart indicating that MOVR has completed an ABC correction wave and is ready for a strong rally towards $40, adding the following note:

I still love and follow MOVR. The formation on the chart and the current price range cause a two-way swing both at the top and bottom. I think MOVR will rise sharply.

Bluntz is generally known for using the Elliott Wave theory, a technical analysis approach that tries to predict future price movements by following the crowd psychology that tends to manifest in waves. According to the Elliott Wave theory, an asset in an uptrend tends to complete an ABC correction movement before starting the next wave motion.

Having risen up to 500% in the last three months, MOVR was trading at $23.83, up 2.63% in the last 24 hours at the time this article was prepared.

Analyst Highlights “They Look Fantastic” for Solana and SeiBluntz also said that he is closely monitoring the price movements of Layer 1 networks Solana and Sei. The analyst noted that SOL and SEI are among the best Layer 1 networks because both of their price charts look fantastic.

At the time of writing, SOL was trading at $92.58, up 0.16% in the last 24 hours, while SEI was trading at $0.644, up 1.26% in the same time frame.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Moonriver is an Ethereum-compatible smart contract parachain on Kusama, designed to serve as a companion network to Moonbeam by providing a permanently incentivized canary network. New code will be sent to Moonriver for testing and verification under real economic conditions before being deployed to Moonbeam on Polkadot.

This is achieved through a full EVM implementation, a Web3 compatible API, and bridges that connect Moonriver to existing Ethereum networks.

Moonriver (MOVR) ExplainedAs a decentralized smart contract platform, Moonriver utilizes a utility token for its operation. The MOVR token is central to Moonriver’s design and is indispensable for maintaining the platform’s core functionality. The uses of the Moonriver token include:

Supporting transaction fees for smart contractsEncouraging the creation and strengthening of a decentralized node infrastructure on which the platform can operateFacilitating the on-chain governance mechanism, including proposing referendums, electing council members, and votingPaying network transaction feesIn addition, Moonriver is designed to act as a smart contract platform that allows developers to redeploy Ethereum dapps with minimal friction in a substrate environment. This means that smart contracts powering Ethereum dapps don’t need to be rewritten or reconfigured for the Karura network. Substrate is a framework for creating new blockchains and blockchain applications that can run on Kusama and Polkadot networks.

Moonriver is intended to function as a “canary network” for Moonbeam on Polkadot, which means new code will be sent to Moonriver for testing and verification under real economic conditions before being sent to Moonbeam.

The native cryptocurrency of Moonriver, MOVR, is expected to play a significant role in maintaining and operating the Moonriver network. It is anticipated to be used for paying transaction fees, supporting smart contract execution, incentivizing block production to support the network, and facilitating Moonriver’s on-chain governance mechanism.

MOVR is expected to be voted on by community members using KSM, the cryptocurrency of Kusama, in a process known as Parachain Auction to launch as a parachain on Kusama.

Insights on MOVR CoinThe MOVR coin has attracted attention, especially after being listed on Binance, considered reliable due to the platform behind it and the platforms it cooperates with. However, investors are currently closely monitoring MOVR and proceeding with caution in their transactions.

How to Purchase Moonriver Coin?MOVR Coin can be quickly and securely purchased through Binance, the world’s largest cryptocurrency trading platform by transaction volume.

To buy MOVR Coin, one must first sign up for Binance and then send fiat currency. After sending a fiat currency like  dollars, one can buy Bitcoin (BTC), BUSD, Binance Coin (BNB), and Tether (USDT) to conduct a purchase transaction in the MOVR trading pair.

Additionally, on Binance, users can place an order to buy at not only the market price but also at a lower price. This can be done by using the Limit tab, where you enter the amount you want to buy and the price at which you want to buy.

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The Hedera Network, Stacks, Moonriver, and Iron Fish have recently entered a pivotal partnership under the banner of the Interchain Amplifier initiative, hosted on the Axelar network. This union aims to redefine the boundaries of blockchain interoperability, enhancing the functionality and accessibility of these technologies across numerous platforms.

The Interchain Amplifier stands as the first of its kind, a revolutionary service developed by Interop Labs on the Axelar network that promises seamless integration across a vast array of blockchains. Currently in its developmental phase on the Axelar devnet, this tool is designed to simplify the integration of new chains, making the process permissionless and straightforward for developers. This innovation could potentially connect the likes of Bitcoin, Ethereum, and 64 other chains, heralding a new era of connectivity within the blockchain realm.

Amplifying Connections Across the Web3 Ecosystem This ambitious project harnesses the Axelar network’s capabilities to automate routing and translation across its expansive network of interconnected blockchains. By operating through smart contracts, the Amplifier ensures robust security and swift establishment of new cross-chain paths, which could significantly broaden the horizons for application development and user engagement across networks.

Each participating entity brings unique strengths and visions to the table, enhancing the collective aim of the partnership. Hedera, known for its high-performance, leaderless proof-of-stake system, integrates seamlessly, leveraging its swift and scalable hashgraph consensus algorithm to enhance tokenization processes. Meanwhile, Stacks extends the utility of Bitcoin through its Layer-2 smart contracts, offering a secure environment for a diverse range of applications.

Moonriver adds another layer of innovation by serving as a canary network for Moonbeam on the Polkadot ecosystem, providing a real-world proving ground for new blockchain technologies. Iron Fish introduces an essential privacy layer, utilizing zero-knowledge proofs to ensure data protection across all integrated chains. The collaboration not only focuses on enhancing technological frameworks but also emphasizes the importance of community involvement and open-source contributions to the broader crypto ecosystem.

This initiative is poised to set a precedent for future developments in blockchain interoperability. By providing a toolkit that simplifies the incorporation of diverse blockchain technologies, the Interchain Amplifier could potentially accelerate the adoption of Web3 technologies, making them more accessible and efficient for a global audience. As these networks interlink more seamlessly, the potential for innovation in decentralized applications (DApps) and beyond is boundless, promising a more interconnected and efficient future for blockchain technology.

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Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.

Moonbeam Network, a Web3 smart contract platform, has launched a $13 million funding initiative to boost its ecosystem growth in key areas like gaming and real-world asset (RWA) tokenization.

The $13 million package consists of a $10 million innovation fund, $1.5 million in Moonbeam ecosystem grants, and $1.5 million in Moonriver grants.

Moonbeam said the funding marks the next phase of its Moonrise initiative, which aims to evolve the parachain into a leading solution for integrated Web3 networks, including Polkadot and Ethereum.

Innovation fundThe Moonbeam team explained that one of the network's primary goals was to attract more games to its blockchain to boost its gamer acquisition and retention.

To this end, it has selected N3MUS as the first recipient of the innovation fund to develop a gaming-focused ecosystem. N3MUS aims to integrate Web3 gaming into the mainstream by merging traditional gaming with blockchain technology.

Sicco Naets, Head of Ecosystem Development at Moonbeam Foundation, told CryptoSlate that the N3MUS funding demonstrates Moonbeam's commitment to supporting developers and reducing friction in blockchain technology.

Similarly, Neal Peters, the CEO of N3MUS, added:

“This partnership marks a significant milestone for N3MUS as we strive to bridge the gap between traditional gaming and blockchain technology.”

Additionally, Moonbeam's partnership with N3MUS will include co-organizing events to integrate N3MUS into Moonbeam and promote gaming projects. Moonbeam will also connect N3MUS and other fund recipients with venture capital firms for potential further investment.

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Ecosystem grantsBeyond the innovation fund, Moonbeam is also supporting its parachain projects and the Moonriver canary network with grants.

The first ecosystem grant will allocate 4.5 million GLMR, valued at approximately $1.5 million, to four projects on the parachain, including StellaSwap DEX, Moonwell Lending Protocol, Cross-Chain Interactions platform Prime Protocol, and Beamswap. These protocols are expected to launch their incentive programs on June 14.

Additionally, efforts are underway to enhance DeFi activities through a proposal for the Moonriver canary network, which would distribute 113,618 MOVR, worth $1.5 million.

The intended beneficiaries include DeFi projects like Beamswap and Moonwell, amongst others. These projects will use the funds to facilitate liquidity provision on their platforms. However, the proposal is currently pending approval.

Moonriver Coin (MOVR) is the multifunctional native cryptocurrency of the Moonriver platform. MOVR facilitates the execution of several important functions, including governance, incentive mechanisms, and network transaction fees.

What is Moonriver Coin (MOVR)?Moonriver is an Ethereum $1,623-compatible smart parachain operating on Kusama. It aims to establish a network that works alongside Moonbeam, a permanently incentivized network provider. New code is sent to Moonriver for testing and verification under real economic conditions. Once proven, the same code is deployed to Moonbeam on Polkadot. This process includes full EVM implementation, a Web3-compatible API, and building bridges that connect Moonriver to existing Ethereum networks.

It allows developers to deploy their existing Solidity smart contracts and dApp front ends to Moonriver with minimal changes. As a decentralized smart contract platform, Moonriver requires a utility token to operate. MOVR is at the core of Moonriver’s design and is built to be irremovable without compromising fundamental functionality.

Moonriver token uses include:

Supporting the gas metering of smart contracts, incentivizing and powering a decentralized node infrastructure on which the platform can operate, facilitating on-chain governance mechanisms such as proposing, selecting members, and voting on governance issues, and paying for network transaction fees.

Where to Buy MOVR?Moonriver Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. On the Binance platform, MOVR Coin is traded in MOVR/BTC, MOVR/BNB, MOVR/USDT, and MOVR/BUSD pairs.

To purchase Moonriver Coin, you first need to register on the Binance exchange. Once registration is complete, you need to transfer cryptocurrency or fiat currency to your Binance wallet. After completing the transfer, you can purchase MOVR Coin in any of the four pairs mentioned above. To buy from the MOVR/BUSD trading pair, navigate to the interface of this pair. In the limit tab, enter the amount you want to purchase. After specifying the amount, execute the purchase with the Buy MOVR order.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

TLDR: Roughly 181 Moonwell borrowers on Base lost ~$2.68M due to oracle-driven cbETH liquidations from Feb 14–18, 2026.  Moonwell will allocate ~$310,000 from its Apollo Treasury as an immediate pro-rata repayment to all affected borrowers.  The remaining ~$2.37M will be repaid gradually through future protocol fees and OEV revenue via Sablier over 12 months.  MFAM holders will convert their tokens into stkWELL at a 1:1.5 ratio, consolidating Apollo DAO into Moonwell’s primary governance. Moonwell has released a recovery proposal addressing unfair liquidations of cbETH collateral between February 14 and 18, 2026.

The incident affected roughly 181 borrowers on Base, resulting in approximately $2.68M in net losses. Protocol behavior tied to MIP-X43, not user error, drove the liquidations.

The plan combines treasury funds with future revenue and includes a transition for MFAM holders into the WELL ecosystem.

cbETH Liquidation Recovery Targets 181 Affected Borrowers The Moonwell team conducted a full onchain review of all liquidation activity during the incident window. Each borrower’s loss was calculated on a net basis, meaning only realized economic harm qualifies for remediation.

The methodology accounts for all cbETH collateral seized, minus the USD value of debt repaid at the time of liquidation.

The proposal was direct about what caused the harm. “These users trusted Moonwell with their assets and were harmed through no fault of their own,” the post stated.

A potential recovery plan for users affected by the cbETH Core Market incident on Base is now live on the governance forum. It also includes a path to onboard the Moonwell Apollo (MFAM) community into the Moonwell ecosystem (WELL).

The proposal outlines:
• Immediate partial…

— Moonwell (@MoonwellDeFi) February 18, 2026

Crucially, cbETH was repriced at $2,200 per token to correct erroneous oracle values that contributed to the problem. This adjustment ensures that repayments reflect actual market conditions rather than distorted price data.

To begin repayments promptly, approximately $310,000 will be drawn from the Moonwell Apollo Treasury. This amount will be distributed pro-rata to affected borrowers based on their individual calculated losses.

The proposal described this allocation as “an immediate good-faith remediation without jeopardizing protocol stability.”

The remaining balance of roughly $2.37M will be repaid over time through future protocol revenue. This includes net protocol fees and OEV revenue under the current fee split structure.

All repayments will be claimable through Sablier over a 12-month window, after which unclaimed rewards expire.

MFAM Wind-Down Consolidates Apollo DAO Into Moonwell’s Primary Governance The proposal also addresses the full deprecation of Moonwell on Moonriver, which was completed on January 29, 2026. Chainlink’s decision to sunset oracle feeds on Moonriver forced a gradual reduction of collateral factors. With MIP-R38 passed, all Moonriver markets reached a 0% collateral factor, formally closing the deployment.

As Moonriver operations wind down, the Apollo DAO governed by MFAM will consolidate into the primary Moonwell DAO governed by WELL.

The proposal described the transition as “simplifying governance, aligning incentives, and closing out legacy infrastructure.” MFAM holders will convert their holdings into stkWELL at a 1:1.5 ratio, based on a snapshot taken at proposal submission.

The proposal noted that this conversion brings MFAM holders “direct exposure to Moonwell’s ongoing development on Base and future deployments, while eliminating fragmentation across governance tokens and treasuries.” The MFAM-to-stkWELL conversion will also be claimable for up to 12 months via Sablier.

By addressing both the cbETH incident and the MFAM wind-down together, the proposal aims to close out Moonriver “in a clean, accountable manner.”

The Moonwell DAO will vote separately on treasury allocation, the long-term repayment commitment, and execution authority.

Source: Binance EN

This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Starting at approximately 2026-03-30 12:00 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the Moonriver (MOVR) network to support its network upgrade to ensure the best user experience. The network upgrade will take place at the block height of 15,692,116, or approximately at 2026-03-30 13:00 (UTC). Please note: The trading of token(s) on the aforementioned network will not be impacted.Binance will handle all technical requirements involved for all users.Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. For more information, please refer to the announcement from the project team. Thank you for your support! Binance Team 2026-03-30

Binance, one of the world's leading cryptocurrency exchanges, has announced that it will support the planned technical update for the Moonriver network.

30.03.2026 - 05:47

Update: 30.03.2026 - 05:47

Binance, one of the world’s leading cryptocurrency exchanges, has announced that it will support the planned technical update for its Moonriver (MOVR) network. According to the official statement, user transactions will be temporarily suspended as part of the network upgrade.

Accordingly, Binance will suspend token deposits and withdrawals on the Moonriver network on March 30, 2026, at approximately 3:00 PM Turkish time. This step is stated to be taken to ensure the smooth execution of the planned network upgrade and to protect the user experience.

According to information provided by the project developers, the upgrade on the Moonriver network will take place at block height 15,692,116. This upgrade is expected to be completed around 4:00 PM Turkish time on the same day. Following the network update, the system will need to stabilize before deposit and withdrawal operations can be reopened.

Binance advised users to plan their deposit and withdrawal transactions in advance to avoid any transaction disruptions during this process. They also emphasized that the upgrade would not affect token trading and that spot trading would continue uninterrupted.

Experts note that these types of network upgrades typically include performance improvements and security updates. Therefore, it is important for investors to closely monitor technical updates and pay attention to platform announcements.

*This is not investment advice.

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Binance will support Moonriver (MOVR) network upgrades.

PANews reported on May 12th that, according to an official announcement, Binance plans to suspend token deposits and withdrawals on the Moonriver (MOVR) network at 20:00 (UTC+8) on May 12th, 2026, to support its network upgrade. The project team will conduct the network upgrade at block height 16,249,119 (estimated at 21:00 (UTC+8) on May 12th, 2026).

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U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.

5 minutes ago

Analyst: Micron's earnings boost overall market sentiment for the tech sector

Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”

5 minutes ago

2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing

According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.

5 minutes ago

BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.

BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.

5 minutes ago

Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.

Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.

5 minutes ago

Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.

Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.

5 minutes ago

Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure

U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.

5 minutes ago

Analyst: Micron's earnings boost overall market sentiment for the tech sector

Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”

5 minutes ago

2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing

According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.

5 minutes ago

BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.

BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.

5 minutes ago

Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.

Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.

5 minutes ago

Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.

Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.

5 minutes ago

Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure

U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.

5 minutes ago

Analyst: Micron's earnings boost overall market sentiment for the tech sector

Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”

5 minutes ago

2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing

According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.

5 minutes ago

BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.

BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.

5 minutes ago

Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.

Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.

5 minutes ago

PANews, June 18 – According to an announcement from HTX, HTX will open RE deposit services at 19:00 (GMT+8) on June 18. RE/USDT spot trading will open at 23:00 (GMT+8) on June 18. RE withdrawal services will open at 23:00 (GMT+8) on June 19.

It is reported that the RE protocol is a protocol related to cryptocurrency and blockchain technology, designed to simplify and optimize data transmission and processing on decentralized networks. By using the RE protocol, users can conduct secure transactions more efficiently while protecting privacy. Even crypto newcomers can more easily participate in this space through the RE protocol.

First official meeting in Switzerland to be held at 19:30 Beijing time

PANews, June 21 – Jin10 reports that the United States, Iran, and Pakistan have begun bilateral and trilateral contacts. Iran stated that the first round of formal negotiation meetings will be held at 11:30 GMT (19:30 Beijing time).

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This content is for market information only and is not investment advice.

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Tom Lee：市场正定价美联储年内加息两次，美债收益率上行成主要逆风因素

PANews Newsflash1 minute ago

SK Hynix market cap briefly exceeded Samsung Electronics on Monday, June 22, ending a reign that stretched back to 2000 and marking one of the most dramatic reversals in Korean corporate history.

The new market cap high puts the South Korean company above the likes of Berkshire Hathaway, Eli Lilly, and Walmart. It is also now bigger than Bitcoin.

From Near-Bankruptcy to No. 1As of ​03:47 GMT, June 22, SK Hynix’s market capitalization reached 2,082.5 trillion won ($1.35 trillion), edging past Samsung Electronics’ 2081.3 trillion won. The gap is narrow, but it is a significant move. Samsung had held the top spot on the Korea Composite Stock Price Index (KOSPI) without interruption since November 2000.

SK Hynix is cashing in on its dominance in the AI memory chips market. Image Source: Trading ViewThe turnaround is all the more striking given that SK Hynix was near collapse in 2002, when a debt-laden Hynix Semiconductor nearly sold itself to Micron. Its shares fell as low as 135 won in 2003.

As BeInCrypto reported on the KOSPI rally, Korean retail investors have been rotating aggressively into chip stocks this year.

AI Boom is Boosting New PowerhousesThe reversal reflects two very different trajectories this year. SK Hynix shares are up roughly 345% year-to-date, while Samsung has gained around 194%.

SK Hynix benefits from its near-total focus on memory chips, particularly high-bandwidth memory (HBM) used in AI systems, contrasting with Samsung’s diversified business across logic chips and consumer electronics.

The milestone also puts SK Hynix ahead of Bitcoin (BTC), whose market cap sits at approximately $1.29 trillion, making the chipmaker a larger asset by value than the world’s leading cryptocurrency.

“The emergence of customised AI memory fundamentally changed the industry’s economics and allowed SK Hynix to establish itself as the market leader,” said Kim Sunwoo, senior analyst at Meritz Securities, via Reuters.

HTX to Jointly Launch NES (Nesa) Today at 21:00, Adding NES/USDT (10X) Isolated Margin Trading

The Brave browser has established itself as a privacy-centric and user-friendly alternative to traditional browsers. With a continued commitment to innovation, Brave has recently announced its integration with Bonfida's Solana domain system. This partnership with the Solana Name Service (SNS) adds a new dimension to browsing by simplifying and streamlining the interaction with blockchain-based domains in the Solana ecosystem. Let's explore what this integration means for both Brave and Solana users.

The Solana Name Service (SNS)

The Solana Name Service, developed by Bonfida, aims to simplify the use of blockchain technology by providing human-readable domain names for users within the Solana ecosystem. By enabling users to assign simple, memorable names to their Solana addresses, SNS reduces the need for cumbersome alphanumeric addresses. This simplification not only enhances user experience but also promotes security by reducing the risk of sending funds to incorrect addresses. Want your own? Check out this article.

Integration with Brave

The collaboration between Brave and Bonfida allows users to access Solana domains directly through the Brave browser. By typing the domain name into the address bar, users can instantly access the associated Solana decentralized application (dApp) to send funds to.

Source: BraveConclusion

The Brave browser's integration with Bonfida's Solana domains is a significant milestone in the ongoing mission to create a more user-friendly and secure web experience. By providing seamless access when sending assets to Solana users, this partnership fosters increased adoption and engagement within both the Brave and Solana communities. As the blockchain ecosystem continues to evolve, this collaboration serves as a powerful example of the benefits that can arise from synergistic partnerships between established projects.

Table of contents

Collector Crypt, a popular platform bridging between real-world assets and blockchain technology has initiated an exclusive partnership. The company announced that it is collaborating with Bonfida which is a protocol working under Solana Name Service (SNS) to offer a whitelist giveaway. The firm announced the respective development on its social media account on X.

We've partnered with Bonfida for a wl giveaway! 🎁

In addition to rewarding our current holders, we wanted to find the most devoted Pokemon trainers on Solana and bring them here, so who better to rewards than anyone with a Pokemon SNS domain? 🌐

Click their tweet for the full… https://t.co/DaSBrdxNMj

— Collector Crypt (@Collector_Crypt) April 14, 2024 Collector Crypt and SNS Bonfida Join to Offer a WL Giveaway As per the company, it intends to reward its present holders with the respective event. In addition to this, it also focuses on pursuing the Solana-based most loyal Pokemon trainers. The purpose of this pursuit is to onboard the respective trainers based on their devotion. In this respect, the company has invited the relevant parties to take part in the above-mentioned event.

SNS Bonfida also commented on this partnership. The company provided the details concerning the giveaway. According to it, the firm will give away thirty whitelist marks for Tokenized Pokemon Firedancer Drop. This event will reportedly take place on the launchpad of Magic Eden. The due date for the respective episode is the 16th of this month.

Additionally, SNS Bonfida clarified that this event offers an opportunity that just the holders of Pokemon SNS can leverage. In this respect, the firm added, the users need to possess a pokemon.sol. This will permit them to take part in the event. Moreover, the participants need to abide by the instructions that Bonfida and Collector Crypt provide them.

SNS Bonfida Will Announce the Winners in 24 Hours Apart from that, they need to offer their Pokemon domain name. The company will send the WL on the provided domains of the winners. The firm asserted that entire of the entire Pokemon categories on its site will be considered regarding the Pokemon SNS holders. It will reportedly announce the winners in twenty-four hours.

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Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

The SNS airdrop will distribute 20% of the SNS supply to early supporters, with an additional 20% reserved for participants in the upcoming “LFG Campaign.”

Solana Name Service, or SNS, is preparing for its upcoming token generation event (TGE) and airdrop, with 40% of the token supply distributed to the community.

The tokenomics allocate 40% of the total SNS supply to the airdrop, with 20% on launch day and the other 20% set for those who contribute to the project’s “LFG Campaign.”

Another 20% will be allocated towards future emissions, 26% to ecosystem growth initiatives, 5% to liquidity, and just shy of 9% to the team and investors, meaning just 25% of the total supply will be in circulation on launch.

SNS Token DistributionNo details have been released about the LFG Campaign or what users may need to do in order to earn a portion of the 20% token distribution.

SNS is a Solana-based domain system, similar to the Ethereum Name Service, known as ENS.

SNS is significantly smaller than its Ethereum counterpart, with 126,000 SNS holders and 277,000 registered domains, compared to ENS’ 798,000 unique participants and 1.7 million active ENS domains.

The 20% initial airdrop alongside the additional 20% from the LFG Campaign makes SNS one of the more generous airdrop distributions, with a majority of protocols distributing between 8% and 15% of their total supply to airdrop recipients.

The SNS token will be the protocol’s second token drop, as it originally launched the FIDA token in December 2020. FIDA is down 31% over the last week fueled by the news of a second token drop, and changes hands at a $56 million market capitalization.

The ENS token currently trades at $17.46, or a $1.7 billion fully diluted valuation, with $580 million circulating.

Best Cryptos to Buy Now in a Fear-Driven Market: 5 Picks Ahead of a Potential Sentiment Reversal