News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Citigroup is considering offering custody services for stablecoin and crypto ETF collateral, exploring stablecoins as a viable option to improve payment systems.
Share link:In this post: Tesla’s sales in Norway have surged despite growing discontent among Norwegians regarding Elon Musk’s political stance. SpaceX’s BTC holdings have crossed the $1 billion mark again. Tesla’s deep ties in Norway influence its consistent sales numbers, but it is slowly losing its dominance as more rivals make headway.
Share link:In this post: Elon Musk says Google currently has the highest probability of leading AI due to its compute and data advantage. Google will invest $9 billion in Oklahoma to expand AI and cloud infrastructure over the next two years. The plan includes a new Stillwater data center campus and expansion of its Pryor facility.
Share link:In this post: Hon Hai Precision Industry (Foxconn) reported a 27% increase in Q2 profits, driven by sales in its AI server business. The company reported a net income of NT$44.36 billion for the period, surpassing an average analyst projection of NT$36.14 billion. It also expects significant growth in Q3 and the rest of the year.
Share link:In this post: US PPI jumped 3.3% in July, the highest annual gain since February. Monthly PPI rose 0.9%, blowing past the 0.2% forecast. Service costs surged, led by machinery wholesaling and portfolio fees.
Share link:In this post: The EU is preparing a 19th sanctions package against Russia, targeting next month for adoption. Trump will meet Putin in Alaska without Zelenskyy, raising concern among European and Ukrainian officials. Trump warned of “very severe consequences” if Putin refuses to pursue a ceasefire.
- 14:38Data: The "100% win rate whale" has increased BTC short positions to 666 coins, currently with an unrealized loss of $1.17 million.ChainCatcher news, according to on-chain analyst @ai_9684xtpa, 30 minutes ago, the "100% win rate whale" counterparty has increased their short position to 666 BTC, with a total position size of $74.43 million and an average entry price of $110,004.1. Currently, they are facing an unrealized loss of $1.17 million.
- 13:42Bank of Ghana: Plans to implement bitcoin and cryptocurrency regulation by the end of 2025Jinse Finance reported, citing market sources: The Central Bank of Ghana has announced plans to establish regulations related to bitcoin and cryptocurrencies by the end of 2025. By then, Ghana will become the ninth African country to adopt digital asset legislation.
- 13:22Ferrari plans to launch the "Token Ferrari 499P" and auction the Le Mans champion racing car through crypto.BlockBeats News, October 25, according to Reuters, Ferrari (RACE.MI) is entering the cryptocurrency market by planning to launch a new type of digital token, aiming to attract tech-savvy younger generations. Its wealthiest fans will be able to use this token to participate in the auction of a Ferrari 499P—a endurance race car that has won the Le Mans championship for three consecutive years. Currently, the scale of this plan remains relatively limited. The Italian luxury sports car manufacturer aims to follow the trend of luxury brands to reach a group of young tech entrepreneurs who have rapidly accumulated wealth due to the AI and data center boom. Following Ferrari's move in 2023 to accept Bitcoin, Ethereum, and USDC as payment for car purchases in the United States, and the expansion of this service to Europe last year, this initiative further demonstrates its active embrace of emerging technologies and digital assets. Ferrari is working with Italian fintech company Conio to launch the "Token Ferrari 499P" for its "Hyperclub" members—a club composed of 100 of the most unique and endurance racing-loving clients. Members can trade tokens internally and use them to bid for this race car. The project is scheduled to officially debut at the start of the 2027 World Endurance Championship season.