Brother Nine's Morning News Share / August 6th
1. Market Trends
BTC is down, altcoins are generally down. Speculative stocks are rampant.
U.S. stocks continue to decline, and Trump has issued new tariff threats.
2. Market Highlights:
1. BN's new listing, succinct (prove), aims to become a cloud computing platform for zk zero-knowledge proofs. BN listed two new coins, prove and towns, in one day.
2. The small coin MYX surged 10 times due to a short squeeze, operated by a domestic team. The short rate is 2%, and the contract trading volume ranks in the top three in the market.
3. PAYFI's ZBCN has risen, serving as the infrastructure for flow payments.
4. MEME's TROLL has surged several times, with a market cap approaching $200 million.
5. U.S. crypto concept stocks continue to pull back. COIN/CRCL dropped over 6%, but ETH reserve concept stocks surged, with BMNR and SBET rising over 5%.
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