News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Share link:In this post: xAI raised $10 billion split evenly between debt and equity, according to Morgan Stanley. The funding will go toward building infrastructure and scaling the Grok AI chatbot. Musk said xAI has already installed 200,000 GPUs and plans a 1 million-GPU facility near Memphis.
Share link:In this post: The total altcoin market cap fell below $1.30 trillion on July 1 as geopolitical and US political tensions weighed on crypto. Key analysts warn of deeper declines as altcoins underperform Bitcoin, with technical charts showing rejection from major moving averages. Elon Musk and Donald Trump reignite their public feud over a major spending bill, adding further volatility to the 2025 crypto market landscape.
Share link:In this post: Google is arguing that the Digital Markets Act hampers innovation. In its current state, the tech giant says businesses and consumers in Europe stand to suffer. The EU has remained resolute that its rules are necessary and will benefit consumers.
- 11:03Data: In the past 30 days, several institutions including Bitmine and SharpLink have significantly increased their ETH holdings, with Bit Digital’s holdings up by 335%According to ChainCatcher, citing data from strategicethreserve, the following treasury companies and institutions have seen significant changes in their Ethereum holdings over the past 30 days: Bitmine Immersion Tech (BMNR) ranks first, currently holding 300,700 ETH valued at approximately $1.1 billion, with holdings up 84.29% in the past 30 days; SharpLink Gaming (SBET) ranks second, currently holding 280,600 ETH valued at about $1.03 billion, with holdings up 59.19% in the past 30 days; The Ethereum Foundation ranks third, holding 238,500 ETH valued at around $873.7 million, with holdings down 8.06% in the past 30 days; Bit Digital (BTBT) ranks sixth, holding 120,300 ETH valued at approximately $440.7 million, with holdings up 335.53% in the past 30 days; BTCS Inc (BTCS) ranks tenth, holding 55,800 ETH valued at about $204.4 million, with holdings up 282.11% in the past 30 days.
- 10:33Data: Jeffrey Huang’s PUMP 5x Leveraged Long Position Faces $3.86 Million Unrealized LossAccording to ChainCatcher, on-chain analyst Onchain Lens (@OnchainLens) has observed that as the price of PUMP falls below its purchase price, Jeffrey Huang (@machibigbrother)'s 5x leveraged long position in PUMP tokens is currently facing an unrealized loss of approximately $3.86 million. In addition, Jeffrey Huang also holds leveraged long positions in ETH (25x leverage) and HYPE (5x leverage), with his total unrealized loss reaching around $2.3 million.
- 10:27Machi Big Brother Faces $3.86 Million Unrealized Loss on Long Position Due to PUMP Price DropAccording to Jinse Finance, Onchain Lens monitoring shows that as the price of PUMP has fallen below its purchase price, Machi Big Brother (@machibigbrother) is currently facing an unrealized loss of $3.86 million on his PUMP long position (5x leverage). He also holds long positions in ETH (25x leverage) and HYPE (5x leverage), with a total unrealized loss of $2.3 million.