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Analyst: The bearish trend of the US dollar index may be a short trap

Cointime·2025/07/02 12:40

StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds

·2025/07/02 12:30

Alibaba supercharges AI push with new data hubs in Malaysia, Philippines

Share link:In this post: Alibaba Cloud has opened a new data center in Malaysia and plans to open another in the Philippines in October. Alibaba is setting up a Global AI Competency Center in Singapore to train developers and support businesses with AI tools. Over the next three years, the company will invest $53 billion to build AI and cloud infrastructure worldwide.

Cryptopolitan·2025/07/02 12:13

China is fast taking the lead in global AI race ahead of the US

Share link:In this post: Chinese AI firms edge closer to parity on the back of their price competitiveness. DeepSeek is already winning on diverse global clients. Open-source models heighten competitive pressure.

Cryptopolitan·2025/07/02 12:13

Bitcoin CME futures premium drops as institutional appetite wears off

Share link:In this post: Bitcoin CME futures premium drops to 4.3%, the lowest since October 2023, amid declining arbitrage opportunities. Institutional interest shifts as funding rates turn negative and spot-futures spreads narrow, signaling reduced hedge fund activity. On-chain data reveals mixed whale sentiment, while technical analysts eye key liquidity zones near $101K and $110K.

Cryptopolitan·2025/07/02 12:13

UAE SCA updates security and commodity token regulations

·2025/07/02 12:13

CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest

·2025/07/02 12:00

Can Toncoin Bounce 26% From Here? Chart Says This!

·2025/07/02 11:50

Bitget Wallet Partners with Mastercard and Immersve to Introduce Zero-Fee Crypto Card

·2025/07/02 11:50

US sanctions crypto wallet tied to ransomware, infostealer host

Cointime·2025/07/02 11:25

Flash

21:01

On Thursday (May 28) at the close of trading in New York, spot gold rose by 0.95% to $4,496.21 per ounce, trading within the intraday range of $4,366.74 to $4,516.60. During 11:00-21:00 Beijing time, the price moved narrowly at low levels.

Spot silver rose by 1.37% to $75.6572 per ounce. COMEX copper futures rose by 1.25% to $6.4195 per pound. Spot platinum fell by 0.27%, and spot palladium fell by 1.14%.

21:01

Dell's Chief Operating Officer stated that the current rate of order backlog growth has already exceeded the levels of previous years for the same period. This positive momentum has also given the company the confidence to raise its annual revenue forecast by $27 billion.

From the current order reserves, Dell's downstream market demand is performing strongly, which also provides a solid foundation for the company's future performance growth.

20:45

According to documents disclosed by the U.S. Securities and Exchange Commission (SEC), Woodward has signed a revolving credit agreement.

The agreement provides the company with up to $1 billion in financing flexibility and extends the termination date of the agreement to May 28, 2031. This move significantly enhances the company's financial buffer and capital security for long-term operations.

Trending news

According to documents disclosed by the U.S. Securities and Exchange Commission (SEC), Woodward has signed a revolving credit agreement.

Dell Technologies Chief Operating Officer Jeff Clarke revealed during a conference call that, by the end of the quarter, the company’s AI-related backlog in its channel reached a record $51.3 billions.

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