Lookonchain APP

App Store

Alliance DAO Co-founder: AI trading has formed a big bubble, and it is not recommended to blindly bottom-fish.

2 days ago

Alliance DAO co-founder QwQiao wrote in a post: "I don’t think anyone can confidently say whether AI stocks are currently overvalued, undervalued, or fairly priced. That would require a crystal ball to predict future AI breakthroughs, supply chains, credit markets, politics, and macroeconomic conditions—and such a person simply doesn’t exist. However, charts, investor sentiment, and position data indicate that AI trading is almost certainly a massive bubble. When bubbles burst, they always overcorrect sharply on the downside. So what gives me the confidence to load up on AI stocks is when charts finally show a long bottoming process, investor sentiment is completely shattered, and AI is dismissed on CNBC as a worthless fad."

Relevant content

An address suspected to be linked to the UXLink hacker has opened a $45.3 million ETH long position on Hyperliquid.

According to PeckShield monitoring, an address suspected to be linked to the UXLink hacker holds approximately $45.3 million in ETH long positions on Hyperliquid, with 21,550 ETH in positions, an average entry price of $2,134.45, and uses 15x cross leverage. The address previously received 11 million USDC from an address starting with 0x35E, and had interacted with an address marked as the UXLink hacker on August 28.

4 minutes ago

Ma Ji sold 6 BAYC NFTs over the past 15 hours, cashing out approximately $83,900.

According to monitoring by OnchainLens, a wallet linked to Ma Ji received six proceeds from OpenSea sales over the past 15 hours, totaling approximately $83,880 from the sale of six Bored Ape Yacht Club (BAYC) NFTs. The latest payment, around $14,570, arrived just minutes ago. The NFTs sold include BAYC #701, #4898, #6072, #250, #1297, and #4942.

4 minutes ago

Coinbase Secures Official Approval from U.S. OCC for National Trust Bank Charter

The U.S. Office of the Comptroller of the Currency (OCC) has upgraded its conditional approval for Coinbase National Trust to a full national trust bank charter. Coinbase previously obtained conditional OCC approval in April 2026, enabling it to provide federally regulated custody and payment services, though it cannot operate as a full-service bank that accepts deposits and grants loans.

4 minutes ago

Morgan Stanley: U.S. stock market pullback is nearing its end, and it may be building momentum for a year-end rebound.

Morgan Stanley's Michael Wilson said the S&P 500 correction may be nearing its end, with U.S. stocks likely positioning for a year-end rally. The U.S. benchmark index is approaching its downside target range of 7,100 to 7,300 points and is expected to rebound from this zone, Wilson noted. "Instead of waiting for a perfect bottom, we recommend increasing exposure to high-quality cyclical stocks in the coming weeks, as these stocks have seen their valuations adjust significantly while delivering strong earnings per share performance," Wilson wrote.

4 minutes ago

Arkham has newly tagged approximately $3 billion in crypto fund assets.

Arkham officially announced in a post that it has added position tags for multiple crypto funds under existing entities, covering roughly $3 billion in Bitcoin and other crypto assets. The newly tagged assets include approximately $1.52 billion in CoinShares’ BITC Bitcoin physical ETP, around $507.2 million in VanEck’s VBTC Bitcoin ETN, about $266.6 million in Invesco’s BTIC Bitcoin physical ETN, and roughly $125.9 million in Grayscale Solana Trust.

4 minutes ago

OKX Wallet First to Support Elysium Mainnet

According to official announcements, OKX Wallet will be the first to support the Elysium mainnet, with integration set to launch immediately after the Elysium mainnet goes live. Users can manage and transfer Elysium on-chain assets via OKX Wallet in a one-stop manner, and access functions including block explorer, market analysis, trading, and cross-chain operations—completing the entire workflow from asset discovery, market analysis to trading without switching between multiple platforms. It is reported that Elysium is an EVM-compatible Layer 2 network developed by Kinetiq for the Hyperliquid ecosystem, and is scheduled to officially launch its mainnet at 21:00 HKT on November 9.

4 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano