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Hong Kong has used 90% of its AI supercomputing capacity, report says
Hong Kong has used 90% of its AI supercomputing capacity, report says

Share link:In this post: Hong Kong has reportedly used about 90% of its artificial intelligence supercomputing center at Cyberport since it opened in December. The facility presently hosts 400 companies, as plans are ongoing to build another center. China has plans to use Hong Kong’s position as a boost in the global tech race.

Cryptopolitan·2025/07/05 16:11
Ethereum Price to Hit $6K This Year? Analysts Make Bold Call
Ethereum Price to Hit $6K This Year? Analysts Make Bold Call

ETH could surge past $6K if it breaks $2,855 resistance, analysts say, but failure may send it tumbling to as low as $1,800.

Cryptopotato·2025/07/05 16:00
Flash
  • 06:27
    Fed Rate Cut Expectations May Cool Due to Jackson Hole Symposium
    According to a report by Jinse Finance, Russell Investments’ Global Chief Investment Strategist, Atelman, noted that the outcome of the upcoming Jackson Hole meeting may differ from market expectations. Atelman stated that Federal Reserve Chair Powell’s speech may not be as dovish as the market anticipates, and mentioned that a rate cut in September is “possible,” with the expected cut being 25 basis points rather than 50 basis points. (Jin10)
  • 06:16
    Circle’s Layer-1 Blockchain Arc to Integrate with Fireblocks
    According to Jinse Finance, the soon-to-be-launched Arc blockchain by Circle will be integrated with Fireblocks, providing custody and compliance tool support for banks and asset management institutions immediately after the network goes live. Arc is a Layer-1 blockchain designed by Circle, the issuer of the USDC stablecoin. It is expected to launch its public testnet this fall and aims for full deployment by the end of 2025.
  • 06:07
    US Spot Ethereum ETFs Now Hold Over 5% of ETH Supply
    According to Jinse Finance, The Block reports that on-chain data shows U.S. spot Ethereum ETFs hold 6.3 million ETH (approximately $26.7 billion) in on-chain assets, accounting for nearly 5.1% of Ethereum's current total supply.
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