🧠 "The biggest trend of the last 6 to 12 months has been Hyperliquid."FalconX's Global Co-Head of Markets, Josh Lim, on why hedge funds are flocking to protocols with "real revenues," like Hyperliquid and on-chain options. https://t.co/bWBvOjdUyP ...

Bitcoin is hitting a new record this morning. It could be the start of a longer bull run. CNBC's Tana Mackil is looking into that and joins us now.Hi Tana. Hi Contessa. Yeah, just flying through those records.Investors did expect this in the second half given the institutional demand and regulatory tailwinds we've seen in my conversations. It's hard for many to identify downside risk. And historically July and the fourth quarter are very strong periods for Bitcoin.So this started after the Fed minutes Wedne ...

Core Insights - CSX Corporation is facing significant challenges including rising expenses, weak liquidity, and declining demand, making it an unattractive investment option [1] Financial Performance - The Zacks Consensus Estimate for CSX's current-quarter earnings has been revised downward by 16.3% over the past 90 days, with a 9.8% decrease for the current year [2] - CSX's share price has increased by only 18.6% in the past 90 days, compared to a 28.8% growth in the transportation-rail industry [3] Earnings and Liquidity - CSX has a Zacks Rank of 4 (Sell) and has a history of disappointing earnings surprises, missing the Zacks Consensus Estimate in three of the last four quarters with an average miss of 3.13% [5] - Operating expenses have risen from $8.8 billion in 2022 to $9.1 billion in 2023, and are projected to reach $9.3 billion in 2024, with a 1.6% increase in Q1 2025 [6][9] - The current ratio has declined from 1.73 in 2021 to 0.88 in Q1 2025, indicating ongoing liquidity pressures [7][8] Market Challenges - Coal revenues have decreased by 27% year over year, with a 9% drop in volumes in Q1 2025, exacerbated by rail network issues such as crew shortages and service disruptions [9] - CSX is facing elevated capital expenditures projected at $2.5 billion for 2025, adding to financial strain [9]

Core Insights - Kinross Gold Corporation (KGC) ended Q1 2025 with strong liquidity of approximately $2.3 billion, including cash and cash equivalents of $694.6 million, and free cash flow more than doubled year over year to $370.8 million, driven by strong gold prices and operational performance [1][6] - The company's robust liquidity and cash flows enable it to finance development projects, reduce debt, and enhance shareholder value, supporting key projects like Great Bear in Ontario and Round Mountain Phase X in Nevada [2][6] - KGC's shares have increased by 65.5% year to date, outperforming the Zacks Mining – Gold industry's rise of 50.8%, primarily due to the rally in gold prices [5] Financial Performance - KGC repaid $200 million of its term loan in Q1, reducing net debt to around $540 million, supported by strong cash generation [1][6] - The Zacks Consensus Estimate for KGC's earnings in 2025 and 2026 indicates a year-over-year rise of 73.5% and 14%, respectively, with EPS estimates trending higher over the past 60 days [7] - KGC is currently trading at a forward 12-month earnings multiple of 12.62, which is a modest 1.9% premium to the industry average of 12.39X, and carries a Value Score of B [9] Comparison with Peers - Agnico Eagle Mines Limited (AEM) ended Q1 with cash and cash equivalents of $1,138 million and generated free cash flow of $594 million, a 50% increase from the previous year [3] - Barrick Mining Corporation reported cash and cash equivalents of approximately $4.1 billion and generated operating cash flows of roughly $1.2 billion, up 59% year over year, with free cash flow of $375 million, marking a nearly 12-fold increase year over year [4]

Market Trends - $BTC 突破 118,000 美元创历史新高 [1] Financial Impact - 7 月 10 日，价值 24.2 亿美元的空头被清算，是 4 年来最大的单日清算额 [1]

Market Trends & Dynamics - Bitcoin is hitting new records while the dollar is moving higher, a deviation from the typical inverse relationship [1] - The current Bitcoin rally appears to have more staying power compared to the blip in May 2022 [2] - A tech stock rally pushed Bitcoin to a ceiling around $110,000, triggering significant short liquidations [3] Cryptocurrency Performance - Over $600 million in Bitcoin short liquidations and over $200 million in Ether short liquidations occurred in the past 24 hours [3] - The biggest buying day of the year in both Bitcoin and Ethereum ETFs was observed [4] - Ethereum has been outperforming Bitcoin in recent months, experiencing a resurgence [6] Ethereum's Use Cases & Potential - Ethereum's rally is potentially a reflection of its practical use cases, as it allows for building applications on top of it [5] - Major brands like Amazon, Walmart, Uber, and Airbnb are showing interest in the stablecoin game, with Ethereum serving as the backbone for stablecoins and tokenization of stocks [8]

WOW !!! THIS IS CRAZY 🤯$1.1 BILLION WORTH OF SHORTS HASBEEN LIQUIDATED IN PAST 24HRS https://t.co/gDgYrFMAIO ...

🔥 UPDATE: $1.11B in shorts liquidated over the last 24 hours. https://t.co/OnqVwgpFOw ...

RT Marc In The Matrix⚡️🧠 (@MarcShawnBrown)🚨 The past 24h in crypto have been EXPLOSIVE:• $BTC hit a new ATH breaking $118k• $1.25B liquidated from the market• Bitcoin trading volume surged 88%• $ETH broke $3K• Largest single liquidation was $88M• +270k traders liquidated• Tron generated $2.1M in fees https://t.co/zPG1DAVT5H ...

Whale 0x5D2F is down over $10M on a 1,135 $BTC($132.65M) long position.To avoid liquidation, he deposited another 5.5M $USDC into Hyperliquid.New liquidation price: $121,080https://t.co/cdRGIc1LBR https://t.co/fgFqm5GEXJ ...