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No results1Bitget Daily Digest（October 28)｜S. today. Trump nominates Michael Selig as CFTC Chairman. Stablecoin USD1 enters partnership with Enso.2Research Report｜In-Depth Analysis and Market Cap of Common Protocol (COMMON)3Is Monero (XMR) Gearing Up for a Bullish Breakout? This Key Pattern Formation Suggest So!
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- 12:40Trump Media & Technology Group (DJT.O) rises 7.6% in pre-market tradingJinse Finance reported that a certain exchange media technology group rose 7.6% in pre-market trading, and the company plans to enter the prediction market.
- 12:22Benchmark raises Hut 8 target price to $78, optimistic about its dual positioning in AI and BitcoinChainCatcher news, Wall Street brokerage Benchmark has significantly raised the target price of bitcoin mining company Hut 8 from $36 to $78, while maintaining a "Buy" rating. Analyst Mark Palmer pointed out that Hut 8 has transformed from a pure bitcoin mining company into an energy infrastructure company, strategically positioning itself in the artificial intelligence and high-performance computing markets. Under the leadership of CEO Asher Genoot, who took office in February 2024, Hut 8 is focused on controlling low-cost power infrastructure and currently has 1,530 megawatts of capacity under development, mainly targeting AI and HPC data centers. The company also holds 10,264 bitcoins and a 64% stake in US Bitcoin Corp. Benchmark describes Hut 8 as a "flexible bullish option" on AI growth and bitcoin appreciation, and notes that investors have responded positively to Genoot's strategy, with the stock rising more than 300% in the past six months. Nevertheless, the analyst believes Hut 8's intrinsic value still exceeds its market capitalization.
- 12:22SoFi is expected to launch crypto trading within the year.ChainCatcher News, SoFi Technologies (SOFI.O) raised its full-year profit forecast to a level above Wall Street expectations on Tuesday after a surge in fee income and record performance in the third quarter. The company's stock price rose 3.8% in pre-market trading. SoFi has evolved from a student loan refinancing startup into a comprehensive financial services company, offering a variety of services ranging from IPO investments to credit cards and savings accounts, with a market capitalization of approximately $36 billion. SoFi CEO Anthony Noto stated that SoFi is expected to launch crypto trading this year, and the SoFi USD stablecoin will be launched in the first half of 2026. Adjusted revenue in the third quarter increased by 38% year-on-year to $950 million, higher than the expected $886.6 million. Adjusted profit doubled to $0.11 per share in the three months ended September 30, exceeding the expected $0.08 per share.