Latest news with #LSTs
Yahoo
4 days ago
- Business
- Yahoo
Solana News: SEC Greenlights LSTs, Seeker Reviews Come In
Bonk slipped following corporate treasury developments, but there's been good news on the regulatory front. Market Overview Bitcoin flirted with a new all-time high as it rose above $122,000, driven by Washington's positive crypto policies and three consecutive days of spot ETF inflows. However, it has retraced to $119K, partially due to Trump's deployment of the National Guard in Washington, reducing its gains to 4% week-on-week. That pullback rippled through the altcoin market, undoing much of the week's earlier momentum. And there was definitely some momentum! It was a huge week for Solana as the SEC finally declared on Aug. 5 that liquid staking tokens (LSTs) were not subject to securities laws in the U.S. That's what we call regulatory clarity, kids, and it matters. There's one caveat, though: it's only as long as the underlying asset (in this case, Solana) is not considered a security. With Solana ETFs on the horizon and Solana maxis in the government, this scenario seems very unlikely for the next few years, at least. Solana held its ground and closed the week with modest gains, while its ecosystem grew by 8% to claim a market cap above $250 billion. The ecosystem's trading volume increased by nearly half to reach $23 billion as interest in altcoins rose. Source: CoinMarketCap OG oracle Chainlink was one of the top gainers after teaming up with Intercontinental Exchange, parent of the New York Stock Exchange, to bring forex and precious metals data on-chain. ICE's global market feeds will now support over 2,000 DApps and financial institutions in tokenized markets. The growing corporate treasury trend is now spilling into Solana's wider network. Nasdaq-listed Safety Shot has entered a strategic alliance with Bonk's founding contributors to receive BONK tokens valued at $25 million. Let's go over this week's most important headlines in SolanaLand. Solana's Performance SOL was within touching distance of $190 but pulled back to $175. This minimized its week-on-week gains to 5%. Source: CoinMarketCap Could Hong Kong's approval of its first license for retail Solana trading set the stage for liquidity to return to the network? L1 Ranking Update Solana's total value locked has climbed to $10.24 billion after the recent rally, creating a clear gap over BNB in third place. Source: DeFiLlama DeFi Solana's DEX trading volume fell 5% this week, yet monthly totals still crossed the $100 billion mark. Source: DeFiLlama After a stretch of slower activity, has returned to the lead among meme coin launchpads, topping key metrics including revenue, token launches, and active addresses as they poured liquidity into the sector with the Glass Full Foundation boost. Biggest Winners & Losers Top Performers Bio Protocol (BIO): +115.85% Lido DAO (LDO): +62.55% WhiteRock (WHITE): +59.04% TROLL (TROLL): +53.77% ChainLink (LINK): +29.02% Biggest Losers Fartcoin (FARTCOIN): -14.46% Useless Coin (USELESS): -13.95% Alchemist AI (ALCH): -8.96% Gigachad (GIGA): -6.06% Bonk (BONK): -3.64% Source: CoinMarketCap Latest Solana News Solana Seeker Delivers Mid-Range Specs With Premium Touch Solana's Seeker phone offers solid mid-range performance with an octa-core Dimensity 7300 chip, 8GB RAM, and a sharp 6.36-inch AMOLED display, paired with a versatile four-camera setup and 5G support. Here is a beginner's guide on setting up your Seeker phone. Axiom Sets Solana Revenue Record Solana trading bot Axiom hit $200 million in revenue in just 202 days, doubling its $100 million milestone in only 73 days. Kamino's Season 4 Rewards Spark Utility Debate Kamino Finance has launched its $5.1 million Season 4 incentives, focusing rewards on its Earn product, while KMNO holders question the token's broader utility. What You Can Do Now Participate in Kamino Finance's Season 4 incentives program for a share of $5.1 million in KMNO rewards. Track corporate treasury moves as companies channel capital into Solana's expanding ecosystem. Monitor portfolio performance as tokens across the Solana ecosystem post fresh gains. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Business
- Yahoo
Mettler-Toledo price target raised to $1,260 from $1,200 at BofA
BofA raised the firm's price target on Mettler-Toledo (MTD) to $1,260 from $1,200 and keeps a Neutral rating on the shares. The firm is updating its price targets for stocks under its coverage in the Life Sciences & Diagnostic Tools, LSTs, sector, the analyst tells investors. The firm notes LSTs remain under pressure as uncertainty persists with the macro environment and U.S. government policies. Recent weeks, however, have seen some signs of improvement as tariff concerns have cools slightly, the firm adds. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on MTD: Disclaimer & DisclosureReport an Issue Mettler-Toledo initiated with an Overweight at Barclays Citi adds 'upside 90-day short-term view' on Mettler-Toledo MongoDB and Asana downgraded: Wall Street's top analyst calls UBS upgrades Mettler-Toledo to Buy into growth reacceleration UBS upgrades Mettler-Toledo to Buy ahead of growth reacceleration Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
27-06-2025
- Business
- Yahoo
Revvity price target lowered to $110 from $116 at BofA
BofA lowered the firm's price target on Revvity (RVTY) to $110 from $116 and keeps a Buy rating on the shares. The firm is updating its price targets for stocks under its coverage in the Life Sciences & Diagnostic Tools, LSTs, sector, the analyst tells investors. The firm notes LSTs remain under pressure as uncertainty persists with the macro environment and U.S. government policies. Recent weeks, however, have seen some signs of improvement as tariff concerns have cools slightly, the firm adds. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on RVTY: Disclaimer & DisclosureReport an Issue Revvity announces launch of three Mimix reference standards for IVD use Citi adds 'upside 90-day short-term view' on Revvity Revvity upgraded to Buy from Neutral at UBS Revvity Reports Strong Q1 2025 Financial Results Revvity's Resilience and Strategic Positioning Earns Buy Rating Amidst Macroeconomic Challenges Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Business
- Yahoo
Bruker price target lowered to $50 from $61 at BofA
BofA lowered the firm's price target on Bruker (BRKR) to $50 from $61 and keeps a Buy rating on the shares. The firm is updating its price targets for stocks under its coverage in the Life Sciences & Diagnostic Tools, LSTs, sector, the analyst tells investors. The firm notes LSTs remain under pressure as uncertainty persists with the macro environment and U.S. government policies. Recent weeks, however, have seen some signs of improvement as tariff concerns have cools slightly, the firm adds. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on BRKR: Disclaimer & DisclosureReport an Issue NIH directs staff not to end any extra research projects for now, NY Times says Bruker's Growth Potential Driven by Innovations and Strategic Cost Management Bruker acquires biocrates life sciences, terms undisclosed Bruker launches new timsUltra AIP system Bruker unveils new proteoElute nanoLC system, PepSep Advanced nLC columns
Yahoo
06-06-2025
- General
- Yahoo
81 years later, LST 393 pays tribute to ‘humongous effort' of D-Day
MUSKEGON, Mich. (WOOD) — The USS LST 393 Veterans Museum in Muskegon is paying tribute to the lives lost in the D-Day Invasion. The museum hopes to help visitors better appreciate the scale of the D-Day invasion and its importance. 'D-Day was one of the most anticipated events of World War II. All of the Allied nations knew it was coming, but they didn't know exactly when and exactly where,' John Stephenson, a museum board member, said. 'It took a world to defeat the enemies of freedom and that's what they did. It was a humongous effort.' Muskegon event to commemorate D-Day with ship tours, reenactment The offensive began 81 years ago Friday in Normandy, France. The LST 393 was one of many ships in the waters off Omaha Beach and served a crucial role. It landed on the third day of the invasion, June 9, 1944. 'An LST like this one, LST 393, they built 1,051 of these in three years during the war. LST means Landing Ship Tank. To its sailors, it meant 'large slow target.' But it was designed and very successfully performed the job of bringing heavy equipment,' Stephenson said. 'D-Day was supposed to happen in May, but they held it back a month because they didn't have enough LSTs.' Twenty-eight tanks were loaded through giant doors on the bow of the flat-bottom ship. 'It could carry anything. Trucks, bulldozers, artillery, you name it, to a defended shore,' Stephenson said. The LST 393 served for many years after the war as a car freighter. Only two similar LSTs remain in a military configuration. D-Day veterans return to Normandy for 81st anniversary The museum is planning a variety of events to mark the 81st anniversary, including a screening of the D-Day episode of the Band of Brothers mini-series inside the ship at 8 p.m. Friday. On Saturday, an event will honor Vietnam War Medal of Honor recipient James McCloughan. World War II reenactors will demonstrate tactics used. 'Historic airplanes will attack the ship and the reenactors will defend it,' Stephenson said. A flyover is planned as part of Air Raid Muskegon around 12:45 p.m. 'We want people to remember, and we want people to experience a little bit what went on during D-Day,' Stephenson said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
