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AI Overshadowing Reality: A High-Stakes Balancing Act in Tech and Crypto
AI Overshadowing Reality: A High-Stakes Balancing Act in Tech and Crypto

In Brief Sam Altman highlights AI investment's potential to create a tech bubble. Experts warn about sustainability concerns in AI-crypto investments. High costs and uncertainty may make AI firms vulnerable to financial challenges.

Cointurk·2025/08/17 20:05
Pi Coin Faces Resistance as Market Dynamics Shift
Pi Coin Faces Resistance as Market Dynamics Shift

In Brief Pi Coin faces resistance at $0.401, affecting its price recovery. Investor sentiment declines, with weak price movements causing concern. Support level at $0.362 plays a crucial role in future price direction.

Cointurk·2025/08/17 20:05
Flash
  • 02:32
    Zheshang Securities: There is a possibility of a Fed rate cut rebound, attention should be paid to balance sheet reduction risks
    ChainCatcher news, according to Golden Ten Data, the macro research team of Zheshang Securities stated that the Federal Reserve cut interest rates by 25 basis points as expected this month, and the dot plot indicates that there will be two more consecutive rate cuts in the remaining two meetings this year. Powell pointed out that this rate cut is a "risk management" cut. Although the dot plot suggests there is still room for rate cuts this year, Zheshang Securities believes that the expectation of monetary easing may still be subject to reversal, mainly due to changes in the core momentum of the US economy and the stability of the unemployment rate.
  • 02:32
    Hong Kong-listed company Ji Di Jin Biao plans to acquire a licensed virtual asset trading platform
    According to ChainCatcher, as announced by the Hong Kong Stock Exchange, Hong Kong-listed company Ji Di Jin Biao announced yesterday its intention to acquire a licensed virtual asset trading platform, which may include the establishment and management of regulated virtual currency exchange services and related fintech solutions.
  • 02:24
    Data: The top five STBL traders are connected and have made profits exceeding $10 million
    On September 18, according to on-chain data analysis firm Bubblemaps, the top five traders by trading volume of the new token STBL, launched yesterday by Tether co-founder Reeve Collins, are connected and have collectively profited over $10 million. The investigation shows that the top five profitable STBL traders received funding at exactly the same time, which was 1 year and 187 days ago. Tracking the source of funds reveals that these addresses were supported by a single funding source, which obtained funds through Tornado Cash and then used bots to borrow USDC from Venus Protocol, with total profits exceeding $10 million. Bubblemaps stated that there is currently no evidence that these traders are associated with the core team, and this bot organization has previously extracted value from other tokens as well.
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