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Although on-chain metrics show overheated signals, the significant downside risk is limited due to institutional buying pressure outweighing retail buying pressure. A pullback may occur in the short term, but the likelihood of a trend reversal is low.
DDC Enterprise Limited announced today that it has completed its fourth Bitcoin purchase in August, acquiring an additional 200 BTC. With this purchase, the company's total holdings have reached 888 BTC, representing a growth of over double since the beginning of the month, when it held 368 BTC.
The US GENIUS Act gives stablecoins clear rules, setting the stage for explosive growth, new web3 apps, and rising venture capital interest.
Stellar’s price action looks fragile despite market rallies. With social dominance falling and a bearish crossover nearing, XLM risks deeper losses if support fails.
Share link:In this post: U.S. futures fell after Friday’s rally as markets await Nvidia’s earnings. Bitcoin and Ether erased weekend gains after Powell’s rate cut hint triggered massive liquidations. Asian stocks surged, led by tech in Hong Kong and Taiwan, while Europe slipped.
Share link:In this post: Five large UK data center projects have asked National Gas about connecting directly to its transmission pipelines to build on-site gas power stations. The projects would need about 2.5GW of capacity in total. Developers in the US are increasingly using gas-fired turbines as a stopgap before securing grid connections as AI-driven demand strains global power supply.
Share link:In this post: The Indian government, through its Statistics Ministry, has disclosed plans to integrate Amazon and Flipkart price data into its inflation gauge starting early next year. A HCES (Household Consumption Expenditure Survey) poll revealed that e-commerce is growing in popularity among households. The RBI recently reported that the FIT (Flexible Inflation Targeting) framework had performed well and met the country’s needs since its introduction.
Share link:In this post: Media companies are preparing for how to deal with a possible “Google Zero” situation. Enders says half of media companies saw a drop in traffic in the last year. Google’s total organic clicks from Search have held steady over the past year.
What RWA truly needs is a predictable, measurable, and settleable liquidity highway.
- 22:11Goldman Sachs restructures part of its technology investment banking division to focus on AI infrastructureOn December 17, according to foreign media reports, Goldman Sachs is restructuring parts of its Technology, Media, and Telecommunications (TMT) investment banking division to better seize the opportunities brought by the rapid development of the artificial intelligence industry and its supporting infrastructure. An internal memo shows that Yasmine Coupal and Jason Tofsky will jointly lead a newly established "Global Infrastructure Technology" division, which is formed by integrating the original telecommunications and CoreTech teams. Kyle Jessen will serve as the head of infrastructure technology M&A and will continue to be responsible for the semiconductor business. Another newly established division is the "Global Internet and Media" group. A Goldman Sachs spokesperson has confirmed the authenticity of the memo.
- 22:08Trump to interview current Federal Reserve Governor Waller for Fed Chair positionJinse Finance reported, citing The Wall Street Journal, that according to informed sources, Trump will interview current Federal Reserve Governor Waller on Wednesday local time regarding the position of Federal Reserve Chairman. Last week, Trump interviewed former Federal Reserve Governor Kevin Warsh. Trump stated that Warsh and Hassett are currently his two favorite candidates. Since the beginning of this year, Waller has become the main voice within the Federal Reserve advocating for interest rate cuts. At the Federal Reserve's July meeting, where rates were kept unchanged, Waller cast a dissenting vote in support of a rate cut. Waller is the most favored candidate for Federal Reserve Chairman among economists and is highly regarded on Wall Street, as his arguments for rate cuts this year are considered logically clear and consistent, and he is seen as capable of bridging the growing divisions within the Federal Reserve. Several of his arguments for rate cuts have already been adopted by current Chairman Powell. Waller will deliver a speech on the economic outlook on Wednesday evening Beijing time.
- 21:40The US Dollar Index fell by 0.16% on the 16th.Jinse Finance reported that the US Dollar Index fell by 0.16% on the 16th, closing at 98.147 in the forex market.