US Stock Market Continues to Rise, New ETH Treasury Company ETHZilla Surges Over 146% Intraday

BlockBeats News, August 13, according to RockFlow market data, the US stock market saw a broad rally, with the Nasdaq and Dow rising more than 1% intra-day, and the S&P 500 Index up 0.86%.

The new ETH treasury company ETHZilla (ATNF) saw a surge of over 146% during the day, with the stock price currently at $8.03, implying a market capitalization of approximately $48 million. It is worth noting that today's ETHZilla intra-day trading volume has exceeded $689 million.

In earlier news, billionaire Peter Thiel once again positioned himself in Ethereum as Peter Thiel and his investment team acquired a 7.5% stake in the Ethereum treasury reserve company ETHZilla (formerly 180 Life Sciences Corp.).