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Share link:In this post: The ECB has paused rate cuts after inflation hit the 2% target. Olli Rehn said there’s no need for more cuts unless new risks appear. Joachim Nagel believes policy should stay unchanged unless conditions shift.
Share link:In this post: Vitalik Buterin argues FOCIL will make Ethereum more neutral and censorship-resistant. However, Reflexer Labs warns that FOCIL could be a big problem for Ethereum as the current system is still working. Debate on censorship resistance continues with crypto attorney Gabriel Shapiro saying FOCIL might be worth the risk.
Share link:In this post: Databricks is acquiring Tecton to boost its real-time AI agent tools. Tecton was last valued at $900M and has around 90 employees. The deal follows Databricks’ $100B valuation term sheet signed this week.
Share link:In this post: The U.S. government, under Trump, will invest $8.9 billion for a 9.9% stake in Intel, aiming to boost domestic chip production and make the government Intel’s largest shareholder. Despite the funding, analysts warn Intel’s contract chipmaking (14A and 18A processes) won’t be viable without major external clients and improved manufacturing yields. The deal, which includes discounted shares and no board seat, reflects a rare federal intervention in corporate ownership.
Share link:In this post: With long public wait times for therapy, many individuals, including teens, are turning to AI-powered chatbots for emotional support. These tools offer constant availability and simulate human interaction, but they are not trained professionals. Mental health professionals caution that AI tools lack empathy, accountability, and the ability to respond to crises like suicidal ideation.
Share link:In this post: A blockchain startup behind the Xai gaming network is suing Elon Musk’s xAI for allegedly copying its name and causing brand confusion. The company claims users, media, and even AI bots mistook its platform for Musk’s venture after xAI announced gaming plans. The startup is asking a federal court to block xAI from using similar branding and to award financial damages.
- 05:29Analysis: $117,000 is the primary resistance level for BTC rebound, with over 500,000 coins accumulated above this levelAccording to ChainCatcher, on-chain data analyst Murphy stated that based on BTC Cost Basis Distribution (CBD) data, there is a dense cluster of positions above the current price, totaling more than 500,000 BTC, with a cost basis around $117,300 to $119,100. The $117,000 level, which previously served as the strongest support, has now become the biggest resistance for BTC's rebound. These positions were established roughly between July 15 and July 22 this year, and have been held until now without being sold during BTC's pullback. The overall market sentiment remains cautious. Once these holders move from unrealized losses to breakeven, it will significantly impact the height of BTC's rebound. Combining the "MVRV Extreme Deviation Pricing Range," this cycle has been running between the yellow and orange lines of the pricing range since it started in April this year, forming an upward trend channel. The lower boundary of the current channel has moved up to $117,500, while the upper boundary is at $128,700. If BTC can successfully break through the above resistance range and does not fall below it on a pullback, it means BTC will re-enter the upward trend channel from April to August, and the expected rebound height can be seen at the upper boundary of the channel. This analysis is for learning and communication purposes only and does not constitute investment advice.
- 05:24Nemo Protocol launches debt token program for $2.6 million vulnerability victimsJinse Finance reported, citing TheBlock, that the Sui-based DeFi platform Nemo has announced a compensation plan, which includes the distribution of a debt token called NEOM. Earlier this month, Nemo suffered a hack amounting to $2.6 million. To compensate affected users, the platform plans to inject recovered funds, as well as a portion of liquidity loans and investment funds, into a redemption pool.
- 05:15Data: 24-Hour Spot Inflow and Outflow RankingsChainCatcher News: In the past 24 hours, the top net inflows of crypto spot funds are as follows: SOL net inflow of $30.4 million; PUMP net inflow of $10.6 million; XMR net inflow of $2.5 million; TRX net inflow of $1.74 million; PLUME net inflow of $1.28 million. The top net outflows of crypto spot funds are as follows: ETH net outflow of $190 million; DOGE net outflow of $93.9 million; XRP net outflow of $86 million; BTC net outflow of $60 million; WLFI net outflow of $54 million.