Huang Renxun Reveals the Explosive Growth of AI Computing Demand
NVIDIA CEO Huang Renxun states that clients are rushing to invest in AI computing, indicating exponential growth in demand.
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Blockchain Industry Updates & Privacy News
SOL Price Surges Past $90 with 14.5% Gain in 24 Hours
SOL briefly surged past $90, currently trading at $89.69 with a 14.5% gain in 24 hours. Market volatility remains high.
Read MoreMajor US Stock Indices Rise as Cryptocurrency-Related Stocks Shine
Major US stock indices closed higher with tech and cryptocurrency-related stocks rising, led by Circle's shares surging over 35%.
Read MoreDollar Index Declines Slightly, Market Responds Calmly
The dollar index fell 0.15% on the 25th, closing at 97.700. The movement was modest, with the market responding calmly and investors watching future trends closely.
Read MoreFed Official Warns: Central Bank Independence Under Serious Threat
Atlanta Fed President Bostic warns that tensions between the Fed and White House are undermining public confidence in the central bank's neutrality.
Read MoreDeclining Government Bond Appeal Drives Up Natural Interest Rate
Research from the New York Fed shows a notable rise in the global natural interest rate since 2019, mainly due to reduced appeal of government bonds in terms of safety and liquidity, influencing central bank policy decisions.
Read MoreWhale's Bold Move: Shifts from Ethereum Long to High-Leverage Short
A whale closed a 25x leveraged Ethereum long for $925,700 profit, then opened a 20x short with 9,964 ETH at a ~$2,230 liquidation price, signaling strong bearish sentiment.
Read MoreWhale Bets $24M on ARC Longs, Market Suspects Price Manipulation Tactics
A whale is accumulating $24M in ARC longs on Lighter, prompting speculation of manipulation tactics similar to the Jelly Jelly incident, amid soaring funding rates and intensifying market volatility.
Read MoreThrive Capital Bets Big on OpenAI with $285 Billion Valuation
Thrive Capital invested in OpenAI at a $285 billion valuation, with the deal worth over $1 billion, part of last year’s funding round.
Read MoreBitcoin Surges Past $69,500 Milestone Amid Market Rally
Bitcoin hits $69,507.86, rising 8.06% in 24 hours. Market volatility increases, urging investors to manage risk wisely.
Read MoreFed's Musalem: Economic Growth Could Reach or Exceed 2%
Fed official Musalem suggests economic growth could reach or surpass 2%, sparking market interest in the outlook.
Read MoreCME Halts Metal and Natural Gas Derivatives Trading Amid Technical Outage
CME suspended metal and natural gas futures trading due to technical issues. This marks the second system disruption this month.
Read MoreFed Official Emphasizes Inflation Remains Core Challenge Amid Unclear Monetary Policy Path
Fed official Schmid emphasized inflation remains a key challenge despite a strong jobs market, but left monetary policy direction unclear. He also addressed the Fed's balance sheet and MBS impact on borrowing costs.
Read MoreFed's Overnight Reverse Repo Usage Hits $1.159 Billion on Wednesday, Sparking Market Liquidity Interest
The Fed's overnight reverse repo facility saw $1.159 billion in usage on Wednesday, reflecting shifting market liquidity dynamics and increased demand for short-term funding.
Read MoreBTC Contract Price on Lighter Platform Plunges to $47,510 Unexpectedly
BTC contract price on Lighter platform plummeted due to a large sell-off by a whale user.
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