24/7 Blockchain industry dynamics and breaking crypto news
AMD CEO Lisa Su forecasts robust expansion for the CPU market, projecting an annual growth rate exceeding 35% over the next five years, highlighting surging demand in high-performance computing.
Read MoreCircle's CEO announced the upcoming launch of cirBTC, a tokenized Bitcoin fully backed 1:1 by native BTC. It will be issued on Ethereum and Arc networks, with reserves held by regulated entities, aiming to connect Bitcoin with broader DeFi applications.
Read MoreRecent monitoring data reveals a notable shift in U.S. Spot Ethereum ETFs, with a net outflow of $32.55 million recorded yesterday, indicating potential investor caution and shifting market focus towards capital movements.
Read MoreOn May 22nd, despite a market downturn, ARK Invest significantly increased its stake in Bullish by approximately $5 million through three of its flagship ETFs. This move demonstrates its long-term confidence and strategic positioning in innovative digital asset and fintech companies, even amidst volatility.
Read MoreZhipu has released the GLM-5.1 high-speed API to select enterprise clients, achieving a groundbreaking output speed of 400 tokens per second. Designed for real-time applications like AI programming and business analytics, it's now available on their MaaS platform.
Read MoreRecent data reveals a significant shift in U.S. spot Bitcoin ETF flows, with a net outflow of $100.81 million recorded on May 22. This movement has sparked market discussions regarding investor sentiment and potential short-term implications for Bitcoin's trajectory.
Read MoreChina's top economic planner clarified it never banned tech firms from accepting foreign investment, reaffirming openness as fundamental policy. Foreign capital must comply with Chinese laws and safeguard national security. China will continue improving its business environment for deeper integration.
Read MoreOn-chain data reveals a significant unlock of 122 million EIGEN tokens (worth ~$23.88M) from staking contracts. Originating from an early investor allocation and representing 16.5% of circulating supply, the tokens have not been moved post-unlock, potentially impacting market dynamics.
Read MoreThe Zero Network, an Ethereum Layer 2 scaling solution, has announced it will cease operations after roughly 18 months. The team will shift focus to its core wallet and API products. Users must withdraw assets by the end of July. With a TVL of around $1.4 million, its closure is expected to have minimal market impact.
Read MoreLeading South Korean digital asset exchange Bithumb has revealed plans to list the Open Gradient (OPG) token with a Korean Won trading pair. This move aims to provide local investors with direct access and is expected to significantly boost OPG's liquidity and visibility within the crucial Asian market.
Read MoreNEAR token price has strongly broken through the $2 psychological barrier, reaching $2.02 with a remarkable 24-hour surge of 17.2%, indicating significant market volatility. Investors should monitor the trend closely and manage risks.
Read MoreSpaceX names veteran astronaut Wang Chun as commander for its first commercial manned deep space mission. The two-year journey will venture beyond the Earth-Moon system, execute a Mars flyby, and return, marking a new era in human interstellar exploration.
Read MoreBlockchain data reveals Trump Media & Technology Group transferred 2,650 BTC, worth approximately $205 million, to a major centralized crypto exchange. The associated wallet still holds a significant Bitcoin reserve valued at over $530 million. This substantial on-chain movement has drawn market attention to the company's potential financial strategy.
Read MoreOn-chain data reveals a whale trader has significantly increased a high-leverage long position on Ethereum, now holding over 18,100 ETH valued at approximately $38.5 million. The trader also maintains leveraged longs on other assets, with total unrealized profits exceeding $7.6 million. Another prominent trader is also boosting a similar ETH position, indicating strong bullish sentiment among large market participants.
Read MoreSouth Korea's KCSC has initiated a review of prediction market platform Polymarket to determine if it constitutes illegal gambling. This follows complaints and precedents of bans in European nations, potentially leading to its exclusion from the Korean market.
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