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- 12:33U.S. stock index futures edge higher as the AI boom drives markets to new highsChainCatcher news, according to Golden Ten Data, US stock index futures rose slightly, with technology stocks pushing global stock indices to new highs. Previously, OpenAI's equity sale made it the world's most valuable startup, boosting market optimism about artificial intelligence. Marija Veitmane, Senior Multi-Asset Strategist at State Street Global Markets, stated that the technology sector is performing strongly and the market is willing to pay high valuations for it. The release of non-farm payroll data from the US Bureau of Labor Statistics may be delayed, and the money market has almost fully priced in a 25 basis point rate cut by the Federal Reserve at the end of this month.
- 12:32Bitcoin mining difficulty hits a new all-time high, achieving seven consecutive increasesBlockBeats News, on October 2, Bitcoin mining difficulty increased by 5% on Wednesday, reaching a record high of 150.84 T. This marks the seventh consecutive increase. The difficulty is reset every 2016 blocks (approximately every two weeks) to measure how hard it is for miners to find new blocks and to keep the average block time at around 10 minutes. This adjustment reflects the continuous growth of the network's hashrate, which has now exceeded 1 ZH/s (1.05 ZH/s). A higher hashrate means more machines are competing to secure the network, increasing security, but also raising the profitability threshold. This pressure has already been reflected in the hashprice—the revenue miners earn per unit of hashrate. According to Luxor data, this metric has dropped below $50 per P of hashrate per second.
- 12:32The European Union proposes to double the steel import tariff rate to 50%.BlockBeats News, October 2, according to Reuters, the European Commission will propose to cut steel import quotas by nearly half and significantly increase tariffs on steel imports exceeding the quota from 25% to 50%, aligning with the tariff levels of the United States and Canada. These measures are part of the European Commission's new plan for the steel industry, which is scheduled to be announced on October 7. The EU currently has a temporary mechanism to protect its steel industry, under which a 25% tariff is imposed on most imported steel once the quota is exhausted. This mechanism is set to expire next year, and the EU has been working to replace it with a more permanent tool. (Golden Ten Data)