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Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

In the past 7 days, #Bitcoin's TVL increased by $3.09B, #Etherum's TVL increased by $2.22B, and #Hyperliquid's TVL increased by $1.87B.

Funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

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The crypto market is rallying strongly, with its total market capitalization back at $3 trillion. Bitcoin has broken through $87,000, while the total market cap of altcoins has surged 13.5% in a week.

According to HTX market data, the crypto market remains in a strong uptrend: Bitcoin surged past $87,000, currently trading at $86,400; Ethereum broke through $2,800, now at $2,774. The total crypto market cap jumped 5.4% in 24 hours, reclaiming the $3 trillion threshold to hit $3.042 trillion. SOL trades at $118, ZEC at $1,472, and HYPE at $93.8. Altcoin momentum continues: the total market cap of altcoins excluding Bitcoin (Total2) rose from $1.03 trillion to $1.17 trillion over the past week, a gain of over 13.5%. Top-performing altcoins today include FORM, PHA, and MUBARAK, up more than 30%; WIF, TAO, PEPE, ARMB, FET, SUI, COOKIE, EGLD, RUNE, XNO, SYN, DOGE, KERNEL, DUSK, OPG, ZAMA, EDEN, INIT, ALABB, MET, and FLOKI, up over 10%. Separately, BIT (bit.com) market data shows all crypto-related stocks closed higher, with Strategy (MSTR) up 9.47%, Coinbase (COIN) up 3.50%, Circle (CRCL) up 2.78%, BitMine Immersion (BMNR) up 8.66%, and SharpLink Gaming (SBET) up 6.74%.

7 minutes ago

Xiaomi launches the MiMo-V2.6 model, claiming it is currently the strongest open-source model.

Beating AI News Brief: Xiaomi officially launched and open-sourced its new Xiaomi MiMo-V2.6 series in the early hours of today. The team stated that the series includes two native full-modal models: Pro and Flash. Thanks to expanded RL computing power, MiMo-V2.6-Pro scored 46 points on the Artificial Analysis Intelligence Index (AA Comprehensive Intelligence Index), outperforming Kimi K3 and Qwen3.8 Max to become the strongest open-source model currently. However, it still lags behind top closed-source models Claude Fable5.1 and GPT-6 Astra. The team added that the MiMo-V2.6 series retains the API pricing of the V2.5 series, with MiMo-V2.6-Pro setting a new cost-performance benchmark for Chinese domestic models: at the same intelligence level, its price is only 1/20 to 1/60 of overseas models.

7 minutes ago

Smart Trader 0xc3ed: 4/4 $BTC Longs, 100% Win Rate, $9.26M Profit

Meet this smart trader, 0xc3ed! He has made just 4 trades, all $BTC longs, with a 100% win rate and $9.26M in total profit!

7 minutes ago

FalconX internally transferred HYPE tokens valued at $50 million, totaling 533,250 units.

Per OnchainLens' monitoring, FalconX transferred HYPE tokens worth $50 million internally this morning, totaling 533,250 tokens.

7 minutes ago

Garrett Jin Flips to 3x Short on 500 $BTC After $8.38M Long Profit

Garrett Jin(@GarrettBullish) flipped short on $BTC after closing his long for an $8.38M profit! He now holds a 3x short on 500 $BTC ($43.23M).

7 minutes ago

U.S. stocks closed: The Nasdaq climbed 2.26% to a new record high, semiconductor stocks surged across the board, and AMD’s market capitalization topped $1 trillion for the first time.

According to market data from BIT (bit.com), U.S. stocks closed with the Nasdaq Composite rising 2.26% to a new all-time high, the Dow Jones Industrial Average up 0.71%, and the S&P 500 gaining 1.49%. U.S. chip stocks surged across the board: AMD jumped nearly 10%, with its market capitalization breaking through $1 trillion for the first time. The semiconductor, storage, and optical communications sectors all rallied. In the semiconductor and storage sectors: Seagate Technology (STX) rose 2.16%; Western Digital (WDC) gained 1.54%; SanDisk (SNDK) fell 1.41%; Micron Technology (MU) climbed 2.77%; NVIDIA (NVDA) advanced 2.30%; Intel (INTC) jumped 12.14%; Advanced Micro Devices (AMD) rose 9.95%; Qualcomm (QCOM) increased 9.29%. In optical communications-related stocks: Pure Photonics ETF FOTO rose 2.49%; Marvell Technology (MRVL) gained 5.38%; AAOI (Applied Optoelectronics) climbed 3.33%; LITE (Lumentum Holdings) advanced 2.53%; COHR (Coherent Corp.) rose 1.31%; CIEN (Ciena Corporation) jumped 4.92%; FN (Fabrinet) gained 3.35%; AXTI (AXT Inc.) surged 14.14%; NOK (Nokia) rose 2.43%.

7 minutes ago

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