24/7 Blockchain industry dynamics and breaking crypto news
Labour leadership candidate Andy Burnham will unveil a major economic strategy next week, focusing on decentralizing power and funding from Westminster to English regions. Plans include greater mayoral control, funding for housing and education, and potential tax devolution, marking a significant shift in governance.
Read MoreHeilongjiang province has launched an action plan to integrate AI into education. By 2027, a comprehensive AI literacy system will be established. The goal for 2030 is to form a deep-integration "Longjiang Model," driving systemic reform in teaching, research, and governance.
Read MoreA tech firm reveals its internal AI cost management strategy. By optimizing default models, implementing intelligent routing, enhancing caching, streamlining context, and increasing transparency, they achieved near 50% reduction in overall AI spending while token usage continued to grow exponentially, focusing on scalable infrastructure over usage restrictions.
Read MoreBillionaire investor Jeremy Grantham criticizes Bitcoin as a speculative asset with no intrinsic value. He predicts it will gradually become irrelevant over decades, fading away silently rather than crashing suddenly. Grantham questions Bitcoin's reliability as a store of value and highlights its volatility even in strong economic conditions.
Read MoreCrypto analyst Ansem believes stock indices and storage sectors may have peaked short-term, with volatility likely in early Q3. He notes BTC and SOL could show bullish divergence, but warns of potential sell-offs if equities weaken. Caution is advised for leveraged positions, while spot accumulation in Q3 is suggested.
Read MoreBinance will list CAP/USDT perpetual contracts on June 27, 2026, at 19:45 (UTC+8), offering up to 10x leverage. This expansion provides traders with new derivative exposure and is expected to enhance market liquidity.
Read MoreARK Invest's Cathie Wood argues capital flight from unstable regions is boosting Bitcoin and digital assets. While AI attracts massive investment as a technological revolution, it cannot replace Bitcoin's core function as a wealth preservation tool that global investors seek amid current uncertainties.
Read MoreReports indicate the US is working to arrange a potential Trump visit to India in early 2027, with Secretary Rubio planning a preparatory trip. Bilateral trade agreement negotiations are underway, described as progressing positively. India has reportedly been urging the visit for months.
Read MoreData indicates Bitcoin is nearing key liquidation zones. A break above $62,000 could trigger up to $915 million in short liquidations, fueling a potential rally. Conversely, a drop below $59,000 might liquidate $697 million in long positions. Experts note these "liquidation clusters" map potential liquidity shocks at specific price levels.
Read MoreChina has achieved a major breakthrough in nuclear fusion technology with two key superconducting magnets. The toroidal field magnet completed final preparation and acceptance, while a high-temperature superconducting central solenoid coil passed full operational tests with world-leading performance, boosting the country's 'artificial sun' projects.
Read MoreARK Invest's Cathie Wood argues that while AI represents a profound tech revolution focused on productivity, it cannot replicate Bitcoin's core function as a wealth preservation and storage tool. Amid global uncertainty, Bitcoin's role as a 'digital hedge' continues to attract capital seeking safety.
Read MoreAn oil tanker was struck by an unidentified projectile in the Strait of Hormuz, damaging its bridge, according to the UK Maritime Trade Operations. All crew members are reported safe. The incident highlights the persistent security risks in this vital global oil shipping chokepoint.
Read MoreRipple's CEO reaffirms long-term optimism for Bitcoin while sharply criticizing a strategy of funding Bitcoin purchases via preferred stock offerings. He labels this 'financial engineering' a market distraction that fails to build real value, noting deep discounts in related securities as market rejection.
Read MorePresident Macron addresses France's extreme heatwave, calling it unprecedented in European history with temperatures 15°C above seasonal averages. He warns that traditional climate adaptation models are insufficient for such "heat peaks," urging a new balance between long-term emissions reduction and adapting to a more frequent extreme weather reality.
Read MorePeking University and DeepSeek have open-sourced DSpark, an inference acceleration framework for large language models under high concurrency. Deployed in their latest services, it boosts single-user generation speed by up to 85% at equal throughput compared to prior baselines. Code and paper are available on GitHub.
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