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Share link:In this post: Rumble may buy Northern Data for €1B, offering 2.319 Rumble shares per Northern Data share. Northern Data will sell its bitcoin mining unit to Elektron Energy for up to $235M, with proceeds going toward repaying a Tether loan. Rumble’s Q2 loss widened to $30.2M despite 12% revenue growth; monthly active users fell to 51M.
Share link:In this post: Indonesia proposes sovereign AI fund to boost position as regional tech hub. A strategy paper outlines the roadmap for AI growth to 2030, pending public input. However, the plan faces hurdles including skills shortages, low research spend, and patchy internet.
Share link:In this post: Ant Group denied claims on Chinese social media regarding plans to develop rare-earth-backed stablecoins in collaboration with the People’s Bank of China (PBoC). The denial was issued on August 11, 2025, amid growing speculation about the potential for stablecoins backed by rare earth elements. JD.com and Alibaba have been trying to get the People’s Bank of China to approve a stablecoin based on the offshore yuan to challenge USD-backed stablecoins.
South Korean retail investors shift focus from US tech stocks to crypto, as regulatory changes drive the move.
Stellar price remains inside a bullish setup after its recent breakout, but record exchange balances and fading momentum hint that gains could take longer to arrive.
- 07:08Six leading AI large models compete in crypto trading, with DeepSeek and Grok consistently ranking top two in returnsJinse Finance reported that the artificial intelligence research lab nof1, which focuses on financial markets, launched a large model trading test called Alpha Arena on the 18th. The test uses six mainstream AI large models (GPT-5, Gemini 2.5 Pro, Grok-4, Claude Sonnet 4.5, DeepSeek V3.1, Qwen3 Max), each of which is allocated $10,000 in real funds on Hyperliquid, with identical prompts and input data. As of press time, DeepSeek and Grok both have returns exceeding 14%, ranking in the top two, while Gemini 2.5 Pro has lost 42.57%.
- 07:08Trump Releases AI Video to Taunt Anti-Trump "No Kings" ProtestersBlockBeats News, on October 19, Trump posted an AI-generated video on Truth Social: wearing a crown, piloting a fighter jet, and dumping manure on protesters. According to multiple foreign media reports, on October 18 local time, over 2,600 anti-Trump demonstrations themed "No Kings" were held across all 50 states in the United States, opposing the Trump administration's policies on immigration, education, and security.
- 07:07Data: Bitcoin spot ETF saw a net outflow of $1.23 billion last week, the second highest in historyChainCatcher News, according to SoSoValue data, during last week's trading days (Eastern Time, October 13 to October 17), bitcoin spot ETFs saw a net outflow of $1.23 billion for the week, with none of the twelve ETFs recording a net inflow. The bitcoin spot ETF with the largest weekly net outflow last week was Grayscale ETF GBTC, with a weekly net outflow of $298 million. The historical total net outflow of GBTC has reached $24.5 billion. The next largest was the ETF ARKB from Ark Invest and 21Shares, with a weekly net outflow of $290 million. The historical total net inflow for ARKB has reached $2.06 billion. As of press time, the total net asset value of bitcoin spot ETFs is $143.93 billion, and the ETF net asset ratio (market value as a percentage of bitcoin's total market value) has reached 6.75%. The historical cumulative net inflow has reached $61.54 billion.