Coinbase will launch Arcium (ARX) spot trading on June 22nd
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Coinbase announced that Arcium (ARX) spot trading will be launched on June 22nd, and if liquidity conditions are met, ARX USD trading pairs will be opened in trading supported regions later today.
Sharpnink, a Nasdaq listed company, signed a securities purchase agreement to raise $75 million by selling 10.0134 million shares of common stock and warrants. The funds will be used for operations, accumulating ETH assets, and repurchasing stocks. As of June 16, Sharpnink holds 875776 ETH.
Benchmark Equity Research reiterates its buy rating on Strategy and maintains its target price of $570. Benchmark analyst Mark Palmer stated that STRC is not a stablecoin, but a perpetual preferred stock tool supported by Strategy's holdings of over 847000 bitcoins. Although STRC has fallen below $83, the company's strategy is to maintain its trading level close to $100. STRC's variable dividend mechanism and $1.4 billion cash reserves provide Strategy with capital structure adjustment space.
[Hot coin trend: SOL has a market order with an amount of 1.85 million US dollars]
Short-term capital flows intensify, hefty positions draw market attention, upcoming moves may raise stakes…