News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
If signs of seller exhaustion begin to appear, it is still possible in the short term for bitcoin to move towards the $95,000 level and the short-term holder cost basis.
Predictive Oncology officially announced today that it has changed its name to Axe Compute and will trade on Nasdaq under the ticker symbol AGPU. This rebranding marks Axe Compute's transition into an enterprise-level operator, officially commercializing Aethir's decentralized GPU network to provide robust, enterprise-grade computing power services for AI companies worldwide.
Predictive Oncology today announced its official rebranding as Axe Compute and began trading on the Nasdaq under the stock symbol AGPU. This rebranding marks Axe Compute's transition to an enterprise operational identity, officially commercializing Aethir's decentralized GPU network to provide globally AI enterprises with secure enterprise-grade computing power services.
At the Blockchain Association Policy Summit, U.S. Senators Gillibrand and Lummis stated that the "Crypto Market Structure Bill" is expected to have its draft released by the end of this week, with revisions and hearings scheduled for next week. The bill aims to establish clear boundaries for digital assets by adopting a classification-based regulatory framework, clearly distinguishing between digital commodities and digital securities, and providing a pathway for exemptions for mature blockchains to ensure that regulation does not stifle technological progress. The bill also requires digital commodity trading platforms to register with the CFTC and establishes a joint advisory committee to prevent regulatory gaps or overlapping oversight. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, is still being iteratively updated.
Boosted by expectations of further easing from the Federal Reserve, gold has risen for four consecutive days. Technical indicators show strong bullish signals, but there remains one more hurdle before reaching a new all-time high.
- 15:58Data: Today's Top 100 Cryptocurrency Tokens by Market Cap - Gains and LossesChainCatcher news, according to Coinmarketcap data, the top 100 cryptocurrencies by market capitalization performed as follows. The top five gainers: Merlin Chain (MERL) rose 15.98%, current price $0.4076; Mantle (MNT) rose 7.76%, current price $1.22; Sky (SKY) rose 4.74%, current price $0.05661; Bitcoin Cash (BCH) rose 3.28%, current price $579.65; Hyperliquid (HYPE) rose 2.87%, current price $28.73. The top five losers: Tezos (XTZ) fell 4.65%, current price $0.4933; Story IP fell 4.64%, current price $1.9; Dash (DASH) fell 4.27%, current price $46.54; Aptos (APT) fell 3.24%, current price $1.64; Sei (SEI) fell 3.22%, current price $0.1297.
- 15:58Tom Lee: Strategy's $1.4 billion cash reserve can prevent forced BTC selling during price dropsAccording to ChainCatcher, BitMine Chairman Tom Lee analyzed that Strategy's recent establishment of a $1.4 billion cash reserve is very significant. Although Strategy's stock price has dropped by more than 50% over the past six months, this cash reserve will enable the company to continue paying dividends to shareholders during periods of bitcoin price declines, without having to sell its $61 billion worth of bitcoin holdings. Tom Lee pointed out that during the last bitcoin downturn cycle, Strategy's stock once traded below its net asset value (NAV), and the establishment of a cash reserve is precisely to prepare for such situations.
- 15:39The U.S. Supreme Court to rule on the legality of Trump tariffs, putting the stock market to the testChainCatcher news, according to Golden Ten Data, the U.S. Supreme Court is about to rule on the legality of the comprehensive tariffs introduced by Trump in April, which could become the next test for the stock market in the near future. The S&P 500 index has rebounded 39% from its low point that month and closed at a record high on Thursday. If the tariffs are ruled to exceed authority, the market will face uncertainty in the future. The court held its last public hearing on Wednesday, and the next session is scheduled for January 9 next year. Ohsung Kwon, chief equity strategist at Wells Fargo, expects that if the tariffs are ruled invalid, the earnings of S&P 500 constituent companies will grow by 2.4% by 2026.