News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
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.
- 03:33Shinhan Investment & Securities: Virtual Asset-Related Stocks Expected to Benefit from Favorable Policies in the Next Five YearsAccording to ChainCatcher, citing a report from Digital Asset, Shinhan Investment & Securities analyst Kang Jin-hyuk stated in a report released on August 14 that with the Korean National Policy Committee announcing its national policy agenda for the next five years on August 13, stocks related to virtual assets are expected to benefit from favorable policies. Kang pointed out that the agenda item “Leading the World in Innovative Economy” is directly linked to the stock market, and Agenda Item 48 specifically proposes building a digital asset ecosystem, which will benefit stocks related to virtual assets.
- 03:32A whale who accumulated ETH earlier this year has fully exited during the recent downturn, earning a profit of $19.64 millionAccording to Jinse Finance, Ember monitoring has reported that a certain whale took profits and fully liquidated their holdings of 9,109.6 ETH in the early hours after the recent price drop, earning a profit of $19.64 million—nearly doubling their investment. This individual had purchased and held these ETH in January and May of this year, spending a total of $21.52 million at an average price of $2,363 per ETH. After last night's decline, they sold all their ETH at $4,519 each in the early hours today, cashing out $41.16 million.
- 03:22Data: A hacker sold 4,958 ETH during the market downturn 5 hours agoAccording to ChainCatcher, Lookonchain monitoring shows that a hacker sold 4,958 ETH (approximately $22.13 million) during the market downturn five hours ago, at a price of $4,463 per ETH, making a profit of about $9.75 million.