24/7 Blockchain industry dynamics and breaking crypto news
NVIDIA's upcoming quarterly report is in the spotlight, with investors focused on its AI data center business and market leadership. Analysts expect continued strong revenue growth, though rising costs and customer diversification efforts could pressure future margins and market share.
Read MoreGrayscale founder Barry Silbert predicts U.S. stock markets could shift to 24/7 trading within five years, accelerated by crypto platform competition. He labels memecoins as "gambling" and sees long-term value in privacy-focused ZEC, targeting an $8,000 price based on its potential to capture a tenth of Bitcoin's market cap.
Read MoreThe Federal Reserve's overnight reverse repurchase agreement facility saw usage rise slightly to $405 million on Tuesday from $380 million. This minor fluctuation, involving six counterparties, offers a real-time glimpse into short-term liquidity conditions and the functioning of monetary policy.
Read MoreBitcoin's full-scale rally awaits one final condition: a major whale turning bullish. With two key metrics already met, market attention focuses on whale positioning shifts as a potential catalyst for the next surge.
Read MoreData reveals sustained institutional buying pressure on Solana, with clients of a major asset manager net buying for five consecutive days. Total inflows approach $950 million, with a recent single-day purchase of $25 million. The trend points toward potential weekly inflows exceeding $1 billion.
Read MoreAnthropic is advancing its IPO plans, revealing in filings a potential market opportunity exceeding $30 trillion—surpassing SpaceX's earlier estimates. With Q2 revenue doubling to over $11.6 billion, the AI company targets a valuation near $2 trillion, potentially launching one of the largest public offerings in history.
Read MoreA San Francisco jury convicted crypto fund founder Japheth Dillman of wire fraud and conspiracy for raising nearly $1 million from investors using a non-functional trading bot. He faces up to 20 years per charge, with sentencing set for December.
Read MoreIran and Oman have agreed to discuss establishing an interim joint maritime corridor in the Strait of Hormuz. The phased framework includes a joint mine-clearing project and aims to develop permanent passageways with coordinated management, while emphasizing dialogue with Gulf states and adherence to international law amidst recent regional instability.
Read MoreThe USD1 stablecoin linked to the Trump family has exceeded $4 billion in circulation, with daily trading hitting $1.7 billion. CEO Zach Witkoff defends its organic growth and denies discussing business with Trump, despite ongoing controversy over token-related profits and equity sales involving Trump associates.
Read MoreArcus introduces pToken protocol, tokenizing perpetual contract positions into ERC-20 tokens. Users gain leveraged exposure without managing margin directly. The platform also enables multi-asset collateral, including tokenized stocks, expanding DeFi leverage applications.
Read MoreIran has reportedly conveyed its negotiation terms regarding the Strait of Hormuz to the US through Pakistan. Tehran demands Washington comply with a key memorandum's provisions on the strategic waterway's management, with Islamabad facilitating the message delivery.
Read MoreCanada has retaliated against recent US tariffs by imposing 50% duties on a wide range of American goods, including steel, aluminum, furniture, and electronics, affecting approximately $20 billion in trade. This move escalates the North American trade war, with Canada also announcing support measures for impacted businesses.
Read MoreOpenAI has announced plans to integrate its custom-designed Jalapeno AI chips into its computing infrastructure by the end of 2026. This move aims to reduce reliance on external hardware and optimize the cost and efficiency of AI model training and inference.
Read MoreThe U.S. President announced that mines in international waters of the Strait of Hormuz have been cleared. Iran was warned that any vessel laying new mines will be destroyed immediately, with the U.S. Space Force monitoring the strait and specific nuclear sites under a zero-tolerance policy.
Read MoreOpenAI's internally developed Jalapeno AI chip, created with Broadcom, has outperformed Nvidia's top-tier GB300 in benchmark tests. Key advantages were noted in power efficiency and response speed, marking a significant step in AI hardware independence for major tech firms.
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