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International Paper's Shutdowns: Sign of Expansion or Indication of Financial Trouble?
International Paper's Shutdowns: Sign of Expansion or Indication of Financial Trouble?

- International Paper will close two U.S. packaging plants by 2026, impacting 218 employees, as part of cost-cutting amid weak demand. - The closures align with its $600M operational streamlining strategy, including the recent DS Smith acquisition to strengthen North American/European markets. - Financial risks escalate with Q3 2025 losses, -0.04% operating margin, and an Altman Z-Score of 1.47 signaling potential bankruptcy within two years. - Analysts remain divided: some highlight undervalued stock pote

Bitget-RWA·2025/11/18 15:48
ProverNet's ZK Marketplace Drives DeFi Expansion Through Scalable Verification
ProverNet's ZK Marketplace Drives DeFi Expansion Through Scalable Verification

- Brevis launches ProverNet, a decentralized ZK proof marketplace using TODA auctions to scale blockchain verification. - Platform processes 250M+ proofs via zkVM execution and recursive aggregation, achieving 99.6% Ethereum block verification under 12 seconds. - BREV token enables staking, governance, and payments while partners like PancakeSwap and Linea leverage infrastructure for DeFi applications. - Entering a competitive ZK market with Proof Market and Prover Network, ProverNet targets DEX hooks and

Bitget-RWA·2025/11/18 15:48
Brazil Narrows Crypto Tax Loopholes to Meet International Norms
Brazil Narrows Crypto Tax Loopholes to Meet International Norms

- Brazil plans to tax crypto cross-border payments under IOF, aligning with OECD's CARF framework to close regulatory gaps. - The move targets stablecoins like USDT , addressing forex risks and preventing money laundering through stricter data sharing. - With 20% YoY growth in crypto transactions ($42.8B H1 2025), the tax aims to boost revenue amid fiscal challenges. - Global CARF adoption by US, EU, and UAE highlights coordinated efforts to combat crypto tax evasion and regulatory arbitrage. - Brazil's ce

Bitget-RWA·2025/11/18 15:48
Solana News Update: Institutional Demand Fuels Solana ETF Growth Even as Prices Decline
Solana News Update: Institutional Demand Fuels Solana ETF Growth Even as Prices Decline

- VanEck's zero-fee Solana ETF (VSOL) launched on November 17, driving institutional adoption despite a 3% SOL price drop. - Solana ETFs (VSOL, BSOL, GSOL) attracted $350M+ inflows since October, outperforming Bitcoin ETFs amid crypto volatility. - Partnership with SOL Strategies provides institutional-grade staking, leveraging Solana's 7% yield and PoH consensus for scalability. - Analysts highlight Solana's DeFi appeal and ETF-driven demand, though macro risks and whale selling cloud short-term price out

Bitget-RWA·2025/11/18 15:48
Flash
02:20
Cryptocurrency Fear and Greed Index Rises to 13, Market Sentiment Shifts to "Extreme Fear"
BlockBeats News, June 13th, according to Alternative data, today's cryptocurrency fear and greed index is 13 (yesterday was 12), and the market's "extreme fear" sentiment has slightly eased. Note: The fear index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).
01:42
ETH Whale Earns $3.67 Million in Two and a Half Days with 87% Win Rate
On June 13, on-chain analyst Yu Jin reported that a certain ETH whale has only traded ETH in the past two and a half days, completing a total of 8 trades with both long and short positions, each held for approximately 1 to 2 hours. Out of these 8 trades, 7 were profitable and 1 resulted in a loss, achieving a win rate of 87%. The address increased its principal from $3 million to $6.67 million, realizing a total profit of $3.67 million, with a return rate of approximately 122%.
01:31
Elon Musk's SpaceX and Tesla, collectively valued at over $3.6 trillion, have made him the world's first trillionaire.
BlockBeats News, June 13th, according to data from the Global Asset Market Value List, the combined market value of Elon Musk's SpaceX and Tesla has exceeded $3.6 trillion. SpaceX, based on its IPO closing price, has a market value of approximately $2.104 trillion, surpassing Broadcom and Saudi Aramco, ranking 9th in the global asset market value list; Tesla has a market value of approximately $1.526 trillion, surpassing Meta, ranking 13th. The combined market value of the two companies is approximately $3.63 trillion. After the successful IPO of SpaceX, Musk's net worth has exceeded $1 trillion, making him the world's first trillionaire.
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