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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.
- 23:32Overview of Major Overnight Developments on August 2921:00 (UTC+8) - 7:00 Keywords: Cook, US GDP, aPriori, a certain exchange 1. Federal Reserve Governor Lisa Cook sues US President Trump; 2. On-chain market execution layer aPriori completes $20 million financing; 3. The US Department of Commerce publishes the GDP data hash value on 9 blockchains; 4. Susquehanna's Bitcoin ETF holdings have just increased to $2.34 billions; 5. The US plans to connect GDP data to the blockchain, aiming to cover 9 blockchains; 6. A certain exchange becomes the crypto infrastructure partner for uploading US economic data to the blockchain; 7. The US Department of Commerce partners with Chainlink to upload US government macroeconomic data to the blockchain; 8. The US CFTC issues guidance on the registration framework for foreign trading platforms, providing regulatory clarity for non-US trading platforms returning to the US.
- 23:22Federal Reserve Governor Waller: There is no predetermined pace for rate cuts, and we know we are moving toward a neutral interest rate.Jinse Finance reported that Federal Reserve Governor Waller stated: There is no predetermined pace for rate cuts. We know we are moving toward a neutral interest rate, the only question is how quickly we can get there. (Golden Ten Data)
- 23:14California Public Employees' Retirement System (CalPERS) purchased $18.5 million worth of MSTR shares in Q2Jinse Finance reported that the California Public Employees' Retirement System (CalPERS) purchased MSTR shares worth $18.5 million in the second quarter. Currently, the fund holds 410,596 shares of MSTR, with a total value exceeding $142 million.