News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.





With institutional staking gaining momentum, Sol Strategies' latest validator acquisitions and strategic hires indicate a broader shift toward consolidation within the Solana ecosystem. As competition intensifies, the company's expanding infrastructure signals a continued dedication to the Solana ecosystem.

The investor shorted 6,210 BTC at an entry price of $84,043 per Bitcoin, using borrowed funds to increase the size of the position.



Quick Take As expected, the U.S. Federal Reserve left interest rates unchanged Wednesday at a range between 4.25% and 4.50%. The CME FedWatch currently projects a 16% chance of a rate cut in May with the odds increasing significantly in June.

- 20:08The three major U.S. stock indexes closed mixedAccording to Jinse Finance, the three major U.S. stock indexes closed mixed, with the Dow Jones up 0.4%, the Nasdaq down 0.39%, and the S&P 500 up 0.06%. Major tech stocks showed mixed performance, with Tesla rising over 1% and Nvidia falling more than 2%.
- 19:42Amazon acquires AI wearable device maker BeeAccording to a report by Jinse Finance, Amazon (AMZN.O) has acquired the startup Bee, which produces a $50 wearable AI assistant. Lourdes Zorro, co-founder of the San Francisco-based startup, announced the acquisition in a brief post on LinkedIn. Bee has developed a wristband that can record and transcribe users' activities, using this information to generate to-do lists and summarize conversations. Amazon spokesperson Alexandra Miller stated that, as part of the agreement, all Bee employees have been invited to join Amazon.
- 19:18Alleged Fake Powell Resignation Letter Circulates on Social MediaAccording to Jinse Finance, a so-called "resignation letter from Federal Reserve Chairman Powell" has recently been circulating on the social media platform X, stating that "Powell has decided to resign as Chairman of the Federal Reserve, effective July 22." U.S. financial media reporters, citing sources, said that the resignation letter circulating among some MAGA accounts is fake. Some netizens also pointed out that the letter shows obvious signs of being AI-generated, especially the Federal Reserve seal. Sandra Thompson, Director of the U.S. Federal Housing Finance Agency, commented, "I believe Powell will resign soon, but today is not that day." As of press time, there have been no significant fluctuations in the gold and silver markets.