24/7 Blockchain industry dynamics and breaking crypto news
AI leader Anthropic has inked a massive $13.7 billion computing power agreement with the Trump-aligned Rum Group, according to sources. The deal significantly boosts Anthropic's training capabilities while drawing attention due to its unique political connections.
Read MoreOn September 14th, Japan's semiconductor-related stocks experienced a sharp decline, with SoftBank Group plunging 10%, Kioxia dropping 9.3%, and Advantest falling 4.9%. The collective sell-off highlights market concerns over the sector's near-term outlook amid global demand fluctuations and macroeconomic pressures.
Read MoreThe ETF Store's Nate Geraci argues that the cryptocurrency industry's trajectory is not dependent on the CLARITY Act. Its rapid innovation outpaces policy cycles, creating an irreversible trend. The act serves merely as a confidence booster, while real momentum comes from industry evolution and existing regulatory authority.
Read MoreA CICC report argues a September rate hike is vital for Fed credibility. Strong data and prior hawkish rhetoric have limited policy flexibility. Avoiding a hike now could trigger a market trust crisis and bond volatility, with the FOMC decision hinging on current short-term indicators.
Read MoreOn September 14, South Korean stocks opened sharply lower, with the KOSPI index dropping 3.14%. Tech stocks led the decline, with SK Hynix falling over 5% and Samsung Electronics down 3.6%.
Read MoreStarting September 14, the Korean Exchange will extend trading hours for most KOSPI and KOSDAQ stocks until 8 p.m. The new post-market continuous trading session uses continuous bidding, allowing price variations within daily limits. This change offers global investors more flexibility.
Read MoreOvernight highlights include Circle's acquisition of Tazapay for emerging market expansion, Anthropic's Nasdaq IPO plans, and Trump's economic policy comments. Market attention also turns to an AI hedge fund's losses and Robinhood Chain's shifting metrics.
Read MoreFormer President Obama has urged Democrats to prioritize AI regulation, warning that without urgent action and clear planning, the technology could pose significant dangers. This call places AI governance at the forefront of U.S. political discourse.
Read MoreCrypto analysts highlight a key triangular breakout pattern on Ethereum's (ETH) chart. Historical precedent suggests this could lead to significant short-term gains. A successful breakout could propel ETH toward the $3,000 resistance level.
Read MoreAs regional tensions settle into a 'neither war nor peace' reality, the UAE faces the challenge of sustaining its appeal to hedge funds and the global wealthy. Amidst global competition, the Emirates is refining its policies and business climate to solidify its position as a premier capital and wealth hub.
Read MoreOn-chain data reveals that U.S. spot Bitcoin ETFs have surpassed a historic milestone, holding over 1.95 million BTC (worth ~$221.4B), which accounts for 9.75% of the current Bitcoin supply. This signals massive institutional adoption through regulated channels.
Read MoreCentralized exchanges recorded a significant net inflow of 3,227.57 BTC over the past 24 hours, per Coinglass data. Bitfinex, OKX, and Coinbase Pro led the inflows. This movement often reflects shifting market sentiment and potential selling pressure.
Read MoreThe total market cap of tokenized real-world assets on blockchain has surged past $31.5 billion, according to DefiLlama. Major projects are now valued in the billions, signaling a shift from concept to large-scale adoption within the Web3 ecosystem.
Read MoreThe latest data shows Base Network's TVL has reached $5.578 billion, maintaining steady growth. Top protocols within its ecosystem show divergent performance, indicating a diverse and dynamic landscape.
Read MoreEthereum's Layer 2 total value locked has declined to $33.09 billion, reflecting a 1.68% weekly drop. Performance diverged among top networks, with Base gaining while others like Arbitrum One saw outflows, suggesting shifting market sentiment and capital allocation.
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