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With a valuation comparable to OpenAI and surpassing SpaceX and ByteDance, Tether has attracted significant attention.
No need for chart analysis, macro research, or even inputting the amount of funds.
The US government shutdown has entered its 36th day, leading to a decline in global financial markets. The shutdown has prevented funds from being released from the Treasury General Account (TGA), draining market liquidity and triggering a liquidity crisis. Interbank lending rates have soared, while default rates on commercial real estate and auto loans have risen, increasing systemic risk. The market is divided over future trends: pessimists believe the liquidity shock will persist, while optimists expect a liquidity release after the shutdown ends. Summary generated by Mars AI. The accuracy and completeness of this summary are still being improved as the Mars AI model is updated.
Nvidia CEO Jensen Huang stated bluntly that, thanks to advantages in electricity prices and regulation, China will win the AI race. He added that overly cautious and conservative regulation in Western countries such as the UK and the US will "hold them back."
As Wall Street grows increasingly concerned about an AI bubble burst, OpenAI's CFO is instead calling for "more enthusiasm." She also stated that going public is currently not in the company's plans.
The Federal Reserve's ongoing interest rate cuts continue to inject liquidity into the market, which should, in theory, boost the prices of risk assets. However, why does the crypto market continue to decline? In particular, why did BTC experience a significant breakdown yesterday? This article will explore the underlying reasons and present key observation indicators.
- 06:23After the flash crash on October 11, the smart money that went 25x long on ETH closed its ETH short position 10 hours ago, incurring a loss of approximately $1.386 million.Foresight News reported, according to monitoring by @ai_9684xtpa, the address known as the "smart money that went 25x long on ETH after the 10.11 flash crash" reversed its position to short yesterday, but closed out and stopped the loss 10 hours ago, incurring a loss of approximately $1.386 million and a total loss of $9.655 million over the past week. Subsequently, the address switched back to a long position and is currently holding a long order of 2,248.72 ETH (about $7.69 million).
- 06:23Wormhole reserves increase by 1 million WForesight News reported that Wormhole announced on Twitter that its reserves have increased by 1 million W. The protocol revenue and value generated by Wormhole, Wormhole Portal, and ecosystem applications are all channeled into W, and the resulting proceeds will be used for Wormhole reserves.
- 06:23Alan Curtis steps down as EigenCloud COO and establishes Inventors Community PlatformForesight News reported that Alan Curtis announced on Twitter that he has stepped down as COO of EigenCloud and founded the inventor community platform The Invention Network, which has raised $4 million from Breyer Capital and a team of investors. "I am passionate about helping inventors succeed, and now it is time to scale this important mission. The mission of The Invention Network is to enable every inventor to create, build, and own the things they help bring into existence."