News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
- Fed's 2025 rate cuts to 4.00%-4.25% triggered urgency as investors rush to lock in 4.35% CD rates before projected further declines. - Ivy Bank leads with top 3-month CD APY, while regional banks like Ally and Sallie Mae outpace major banks in competitive rate offerings. - Banks optimize deposit mixes: American Riviera and OceanFirst report rising non-interest-bearing deposits as low-cost funding strategy. - Experts advise CD laddering to balance liquidity risks, with online banks leveraging low overhead
1. On-chain Funds: $146.2M USD flowed into Arbitrum today; $132.7M USD flowed out of Ethereum 2. Largest Price Swings: $DIA, $B2 3. Top News: Solana Ecosystem's x402 token PayAI hits an all-time high market cap, with a nearly 150% price surge in the last 24 hours
- BNB Foundation executed its 33rd quarterly burn, destroying $1.208 billion in BNB to reduce supply and boost token value. - Kyrgyzstan launched a BNB Chain-based stablecoin (KGST) and CBDC, with Binance's CZ Zhao meeting President Zhaparov to advance adoption. - x402 protocol's BNB Chain expansion drove $810M market cap growth via gasless payments, while BNB surged 2.8% amid U.S.-China trade optimism. - Institutional adoption accelerated as Bhutan and Pakistan announced BNB-backed reserves, positioning t
- Mt. Gox's trustee delays creditor repayments to October 31, 2026, citing administrative, legal, and technical challenges in distributing $4B in BTC and fiat. - The extension aims to prevent market destabilization by avoiding BTC liquidation, aligning with industry trends in managing crypto bankruptcy assets. - 19,500 creditors received partial repayments, but unresolved claims persist due to documentation gaps and evolving regulatory hurdles. - Market stability was maintained post-announcement, though lo
- Haust Network launches Ethereum-compatible mainnet with AggLayer integration, completing its three-stage roadmap's first phase. - Platform introduces cross-chain wallet, real-time oracle, and passwordless account recovery via Account Abstraction to simplify DeFi access. - $HAUST token now tradeable on Uniswap and Haust's DEX, with Phase 2 planning AI-powered tools and DAO governance expansion. - Network aims to bridge Ethereum's infrastructure with gas-efficient solutions, aligning with DeFi's $1T+ month
- Canada accelerates stablecoin regulations to balance innovation with consumer protection, aligning with global digital asset trends. - Growing data center investments in Toronto/Montreal (140+ facilities by 2024) create infrastructure for stablecoin ecosystems. - Zelle explores stablecoins for cross-border payments while Binance dominates 67% of global stablecoin liquidity through Asia expansion. - Regulatory focus includes AI-driven AML monitoring and risk mitigation for volatility, transparency, and co
- China's central bank warns stablecoin growth risks global financial stability, clashing with yuan internationalization goals. - Private firms like CLPS and WSPN expand stablecoin payment solutions, enabling real-time settlements with tokens like USDC. - Global adoption accelerates as Western Union tests stablecoin systems and Japan launches yen-pegged tokens, reducing remittance costs by 95%. - PBOC faces strategic dilemma: structural reforms needed to boost yuan's global role while managing decentralize
- ClearBank joins Circle's CPN to expand MiCA-compliant stablecoin access across Europe, linking its banking platform with blockchain infrastructure. - The partnership enables faster cross-border transactions using USDC/EURC, reducing reliance on traditional banking systems for payments and remittances. - ClearBank becomes one of Europe's first banks to integrate with CPN, leveraging Circle's Mint platform for regulated stablecoin minting and redemptions. - The collaboration reflects growing stablecoin ado
- A crypto entity dubbed "opponent" has secured $8.35M in Bitcoin derivatives with a 100% funding rate win rate, sparking speculation about strategic hedging tactics. - 67% of institutional investors predict a "mega rally" in 3-6 months despite Bitcoin trading 15% below its MVRV cost basis at $85,000. - Prolonged bearish sentiment with negative Binance funding rates (-0.004% avg) highlights risks of short-position liquidation driving exponential price rebounds. - Historical patterns show sharp Bitcoin reco
- Burkina Faso launches Africa's first $8T gold-backed stablecoin via Palm Promax, enabling direct resource monetization and infrastructure funding. - Perp DEXs surge with Aster reporting $10.6B 24-hour volume, leveraging hybrid liquidity models to attract institutional traders. - Pakistan's AI integration in healthcare/education contrasts with C3.ai's 25% stock drop amid securities fraud lawsuits over CEO health disclosures. - Global crypto regulations evolve as Australia debates clarity risks and China's
- 18:38OpenAI: Total investment in AI infrastructure is approximately $1.4 trillionJinse Finance reported that OpenAI CEO Sam Altman stated the company's total infrastructure construction commitments slightly exceed 30 gigawatts, with a total investment of approximately $1.4 trillion. The company's vision is to build infrastructure factories capable of producing 1 gigawatt of computing power per week, and to significantly reduce AI computing costs to about $20 billion per gigawatt over a five-year lifecycle.
- 18:17Nvidia launches NVQLink interconnect system to integrate AI supercomputing with quantum computingJinse Finance reported, citing The Wall Street Journal, that although Nvidia (NVDA.O) has not independently developed a quantum computer, CEO Jensen Huang is betting that the company will play a key role in the future development of this technology. In his keynote speech at the GTC conference held in Washington, he officially launched the NVQLink interconnect system—a technology that can connect quantum processors with the AI supercomputers required for their efficient operation. "NVQLink is the 'Rosetta Stone' connecting quantum and classical supercomputers," Huang stated. Quantum processors represent a completely new computing paradigm, leveraging the principles of quantum physics to solve problems that traditional computers cannot crack, demonstrating enormous potential in fields ranging from scientific exploration to financial modeling. However, to realize their commercial value, quantum processors must be integrated with high-performance classical computers: the latter execute computations that quantum devices cannot complete and correct their inherent errors—a process known as "error correction." Tim Costa, General Manager of Nvidia's Industrial Engineering and Quantum Division, admitted that existing connection solutions have failed to meet the speed and scale requirements needed for rapid, large-scale error correction. Nvidia claims that its new interconnect technology is the first solution capable of fulfilling the promise of large-scale quantum computing.
- 18:04Data: If ETH falls below $3,924, the total long liquidation volume on major CEXs will reach $1.641 billionsAccording to ChainCatcher, citing data from Coinglass, if ETH falls below $3,924, the cumulative long liquidation intensity on major CEXs will reach $1.641 billions. Conversely, if ETH breaks above $4,334, the cumulative short liquidation intensity on major CEXs will reach $1.548 billions.