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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.
- 14:53White House: Apple to Increase U.S. Investment Commitment by $100 Billion, Trump to Make StatementBlockBeats News, August 6 — The White House announced that Apple (AAPL.O) will launch a new U.S. manufacturing initiative and increase its commitment to invest an additional $100 billion in the United States. President Trump is expected to make a statement regarding Apple today. Previously, the White House stated that President Trump would deliver "a statement" in the Oval Office at 4:30 p.m. Eastern Time on Wednesday (4:30 a.m. the following day, Beijing time).
- 14:53Kaito AI Announces the Public Sale of Billions on Capital Launchpad Has BegunBlockBeats News, August 6 — Kaito AI has announced that the public sale for the Capital Launchpad project Billions is now live. Billions is valued at $200 million, with a fundraising target of over $5 million. At TGE, 75% will be unlocked, with the remaining 25% unlocked over the following 12 months. Kaito official 0xWenMoon previously stated that Capital Launchpad is not a meme token launch platform, but rather an on-chain crypto angel investment platform similar to Echo, and may support investors in participating in early-stage, high-potential crypto projects.
- 14:53US President Trump expected to hold a call with Ukrainian President Zelensky on WednesdayAccording to a report by Jinse Finance, AXIOS states that U.S. President Trump is expected to hold a phone call with Ukrainian President Zelensky on Wednesday.