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Share link:In this post: XRP Ledger has launched Software Update 2.5.0, introducing major new features and bug fixes. Key features include batch transactions, token escrow, permissioned DEXs, and permission delegation. The update is a step toward making XRPL a stronger competitor to Ethereum and Solana in DeFi and enterprise blockchain.
Share link:In this post: Foreign direct investment in the US drops to $52.8 billion from $79.9 billion in the fourth quarter of 2024. The decline reflects business uncertainty over President Donald Trump’s tariff policies. However, the decline could be temporary as foreign companies start multibillion-dollar US projects.
Share link:In this post: Google has launched a new language model called Gemini Robotics On-Device. The model can run tasks locally on robots without the need for internet connectivity. The tech company claims that the model performs at a level close to the cloud-based Gemini Robotics model in benchmarks.
Share link:In this post: Oil prices rose as traders weighed a fragile ceasefire between Iran and Israel. Brent crude reached $67.99 a barrel, and WTI climbed to $65.24, near recent lows. Asian markets steadied, and the dollar dipped 0.1% to 144.70 against the Yen.
Share link:In this post: Jim Cramer believes DeepSeek no longer poses a threat to outpace tech giants in the artificial intelligence sector. He said investors who abandoned stocks in leading AI firms after DeepSeek’s launch are back. Cramer argued that the recovery of many AI stocks shows that fears about DeepSeek’s dominance are short-lived.
Share link:In this post: Arizona’s House of Representatives passed HB 2324, which would create a Bitcoin and Digital Assets Reserve Fund using seized crypto. The measure now awaits Governor Hobbs’s expected signature. Under the bill’s terms, seized assets above $300,000 will be split between the Attorney General, the state general fund, and the new reserve.
Solana is seeing a sharp rebound after a ceasefire between Israel and Iran, attracting smart money back into the market. With institutional confidence rising, SOL could soon test the $150 mark.
MARA, IREN, and HUT are among the top US crypto stocks showing bullish momentum today, with key announcements and strong investor interest driving their growth.
We should be cautious about the recent trend where many publicly traded companies are incorporating BTC into their corporate reserves, as this may actually be a negative FOMO signal.
- 20:46US Dollar Index edges down on the 5th, closing at 98.782According to Jinse Finance, the US Dollar Index edged down on the 5th, closing at 98.782, slightly lower than the previous trading day's 98.786.
- 19:32Zelensky: Supports US Ceasefire Proposal and Calls for Sanctions Against RussiaAccording to Jinse Finance, on August 5 local time, Ukrainian President Zelensky stated in his routine evening video address that he had a phone call with U.S. President Trump that day, with the most important topic being how to end the Russia-Ukraine conflict as soon as possible. Zelensky said that Ukraine fully supports the U.S.-proposed "immediate ceasefire" initiative. He emphasized that the key is to make Russia feel the pressure from the international community, especially from the United States, as well as the threat of harsher sanctions resulting from the war. One crucial measure is to sanction Russia's oil exports.
- 18:53Galaxy Plans to Issue Tokenized Stock GLXYForesight News reports that Galaxy plans to issue tokenized shares under the ticker $GLXY and has signed an RWA platform agreement with Superstate, a company led by Robert Leshner.