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05:07
Occidental Petroleum (OXY.US) receives rare "double upgrade" from Wells Fargo, shares surge nearly 6% to hit 18-month high
Previously, Wells Fargo upgraded the stock rating from "Underweight" to "Overweight," a rare two-level upgrade, and raised the target price from $47 to $69; Piper Sandler also upgraded its rating from "Neutral" to "Overweight," raising the target price from $54 to $66.
05:07
A bitcoin investor has pledged to provide $100 per month to all residents of Nevis Island if the Free City project is approved.
Odaily reported that bitcoin investor Olivier Janssens plans to build a libertarian community project called Destiny on the Caribbean island of Nevis. He sent an email to his mailing list stating that once the final agreement with the government is approved, he will immediately pay every resident of Nevis (including children) $100 per month. The project had previously planned to allocate 5% of its profits to local residents, but this payment plan is being launched ahead of schedule. This amount is a significant increase compared to Janssens' November 2025 proposal of 30 East Caribbean dollars (about $11) per person. The proposal has been criticized by opposition groups on the island. Former government minister Carlisle Powell said this move is intended to pressure the authorities to push the project through, while Nevis Reform Party member Kelvin Daly called it "open bribery" on Facebook, describing it as private developers interfering in the country's domestic political and economic affairs. The Destiny project is described by the local government as a multi-billion dollar development plan, involving large-scale transformation of the island's southern coast, including villas and medical clinics. The plan aims to purchase about 2,400 acres of land, which is roughly one-tenth of the island's total area. Nevis Premier Mark Brantley has submitted the agreement signed with the company to the federal government for approval.
04:57
Hyperliquid crude oil market attracts new capital inflows, with about 48% of large entrants in the past two days being returning or new addresses
BlockBeats News, March 13, according to Hyperinsight monitoring, recently Hyperliquid has become the main platform for on-chain crude oil trading. The CL (WTI crude oil) contract reached a 24-hour trading volume of 1.16 billions USD, with open interest surpassing 300 millions USD. In addition, new capital is accelerating its inflow. Among the 29 whales who opened new CL positions in the past two days, 14 are addresses returning after months of inactivity or brand new addresses, accounting for 48%. In terms of directional preference, this wave of new entrants is mainly bullish, with about 65.5% of positions being long.
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