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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.
- 10:13Data: Two major whales shorting XPL have deposited a total of 73 million USDC into Hyperliquid to avoid liquidation riskChainCatcher News, according to monitoring by Lookonchain, a whale shorting XPL deposited a large amount of USDC into the Hyperliquid platform to avoid liquidation risks caused by manipulation. Specifically, address 0x142a deposited 44 million USDC, and address 0x0Aa9 deposited 29 million USDC.
- 10:08Two XPL short addresses deposited a total of 73 million USDC into Hyperliquid to avoid liquidation.According to Jinse Finance, monitored by Lookonchain, XPL short sellers are depositing large amounts of USDC into Hyperliquid to avoid liquidation. Specifically: The address starting with 0x142a deposited 44 million US dollars, raising the liquidation price of its 3x short XPL position to $4.025; The address starting with 0x0Aa9 deposited 29 million US dollars, raising the liquidation price of its 3x short XPL position to $10.73.
- 10:02A certain whale address borrowed and bought 132 WBTC in the past 20 minutes, accumulating 500 BTC today.According to Jinse Finance, on-chain data analyst Yujin has monitored that a whale who used leveraged loans to purchase WBTC has borrowed another 14.473 million USDT in the past 20 minutes to buy 132 WBTC. Today, this whale has accumulated a total of 500.2 WBTC (approximately 55.4 million USD) by withdrawing from an exchange and borrowing USDT on-chain, with an average price of 110,762 USD.