24/7 Blockchain industry dynamics and breaking crypto news
On June 30, AI computing chip leader Cambricon saw its intraday gain expand to 7%, pushing its total market capitalization past 1 trillion yuan, a first for the Star Market. The stock has surged over 75% year-to-date, ranking 9th in overall A-share market value and highlighting strong market confidence in high-end computing chips.
Read MoreMeituan has open-sourced LongCat-2.0, a next-gen trillion-parameter model. Trained on domestic computing clusters, it features 1.6T parameters and natively supports an exceptional 1M token context window, integrating multilingual and code data for advanced AI applications.
Read MoreA MUFG strategist highlights that the yen's weakness stems from Japan's fundamental issues, including a widening digital services trade deficit and capital outflow. Heavy short positions in futures markets signal overheated trading, potentially justifying intervention by authorities.
Read MoreBitcoin has surged past the $60,000 mark with notable volatility. This article examines the current market dynamics, explores potential driving factors, and offers practical risk management strategies for navigating the turbulent landscape.
Read MoreApplied Materials has introduced a suite of 3D chip fabrication equipment tailored for AI semiconductors. The new tools target advanced packaging processes like HBM and chiplet integration, focusing on planarization, deposition, and metrology for next-generation high-performance computing.
Read MoreA U.S. district court has accepted a class action lawsuit against NFT platform Magic Eden. Plaintiffs allege the platform and its executives made false statements promoting the ME token as a market pillar, failing to deliver and causing investor losses. Defendants include co-founders and related entities.
Read MoreSouth Korea plans to shorten the construction timeline for nuclear power plants, which currently takes 9-10 years, to meet soaring electricity demand driven by AI development and semiconductor investments. Details will be included in a forthcoming long-term power supply plan.
Read MoreBinance will perform scheduled wallet maintenance on the Bitcoin network on July 1, 2026, at 09:00 (UTC+8). BTC deposits and withdrawals will be temporarily suspended for approximately one hour. Services will resume automatically upon completion.
Read MoreJapanese yen fell to its weakest level against USD since 1986. Finance Minister Kamikawa stated Japan is ready to act appropriately on forex moves, but maintained a "stable" tone, only mentioning "bold action" when pressed.
Read MoreOpenClaw has launched native iOS and Android apps, bringing its AI automation platform to mobile devices. Users can now run and manage AI agents directly from their phones for tasks like email processing, calendar management, and home automation, with a focus on local device control.
Read MoreOn June 30, the combined turnover of Shanghai and Shenzhen stock exchanges exceeded 500 billion yuan, though it showed a contraction compared to the same period the previous day. This shift highlights short-term liquidity patterns and offers clues into current market sentiment and potential future trends.
Read MoreGameStop remains determined to acquire eBay despite a rejected $56 billion cash-and-stock offer. CEO Ryan Cohen believes the combined company could better compete with Amazon, as GameStop also projects strong future financial growth.
Read MoreOn-chain data reveals a crypto whale's dual long positions in crude oil ($19M at ~$100.4) and gold ($6.95M at ~$4345) have incurred $5.7M unrealized losses following market corrections. This analysis examines the strategy's risks amid current volatility.
Read MoreThe USD/JPY exchange rate has surged past 162, hitting its highest level since December 1986. This article analyzes the key drivers behind the yen's historic weakness, including divergent monetary policies, structural economic challenges, and the broad implications for global markets.
Read MoreOn June 30, spot gold and silver prices saw notable declines, with gold down 1% and silver dropping over 2%. The market volatility has heightened investor attention to underlying drivers.
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