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Cardano’s price is stuck in a three-way battle as whales sell, retail holders stay bullish, and shorts bet on a breakdown. Here’s what could decide ADA’s fate.
The SEC's Crypto Task Force is set to meet small entrepreneurs across the US to shape crypto policy, while a new AI-focused team is being developed to optimize SEC operations.
Share link:In this post: Chinese tech companies have increased their efforts in AI-generated video tools, positioning them as major players in the field, which is still in its early stages. Kling AI, developed by Kuaishou, a short video platform, converts text or still images into video content. Wei Xiong, an internet analyst at UBS Securities, believes AI video generation has the potential to reshape the content industry.
Share link:In this post: The EU competition chief vows to close flat on talent-only “acquihires.” National regulators have been urged to flag below-threshold deals for EU review. Big Tech’s AI talent raids draw scrutiny amid fears of stifled innovation.
Share link:In this post: OpenAI secured $8.3B ahead of schedule in a funding round that was five times oversubscribed. The company has increased its revenue and active users, but still has a higher than expected cash burn rate. OpenAI has grown its business customers, and the inclusion of Blackstone and TPG may increase business adoption of multiple AI models.
Share link:In this post: The U.S. added just 73,000 jobs in July, far below expectations. Unemployment rose to 4.2%, matching forecasts but signaling weakness. Traders now see a 75% chance of a September rate cut after the report
Share link:In this post: Intel announced the retirement of three top executives in tech development roles. CEO Lip-Bu Tan has signaled tighter investment tied to customer demand. Analysts say job cuts and structural shifts reflect pressure in AI and chip markets.
- 08:37Daily Transaction Fees on the BTC Network Recently Dropped to Around 4.09 BTCAccording to news on August 24, Glassnode data shows that the daily transaction fees on the BTC network have recently dropped to around 4.09 BTC, marking the lowest BTC-denominated level since the end of 2011.
- 08:02GF Macro: Powell’s Jackson Hole “Retreat” May Prove That Trump’s Political Pressure Has Finally Paid OffAccording to a report by Jinse Finance, Guojin Macro Research noted that Powell’s unexpected dovish turn at the Jackson Hole meeting came without warning, and some of his remarks were in stark contrast to his statements at the July FOMC press conference. In his review and outlook on the economy, Powell made a complete 180-degree shift in his view of the labor market, now expressing deep concern over downside risks to employment. This change in reference point is very similar to the decision not to cut rates in July, and is difficult to explain solely by changes in economic data. It may suggest that Trump’s political pressure on the Fed has finally paid off. Although the Fed has consistently maintained its expectation of two rate cuts in 2025, this clear dovish signal not only strengthens the likelihood of a 25bp rate cut in September, but also increases the possibility of consecutive rate cuts within the year. We would like to remind readers that the side effects of a relatively loose monetary policy environment and a dovish policy framework should not be overlooked; after a significant rate cut, the U.S. will face a higher inflation baseline if the economy reaccelerates, making future inflation dynamics harder to control. This year will see more “stagflation,” and next year, more “inflation.”
- 08:02ZashXBT Lists 81 KOL Accounts Worth BlockingAccording to ChainCatcher, on-chain investigator ZashXBT has listed 81 KOL accounts that are worth blocking, stating: "Blocking these accounts can help optimize your information feed. All of these accounts are promoting the MEMENETIC presale event."