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Share link:In this post: A recent study by METR revealed that experienced software developers using AI tools like Cursor experienced a 19% increase in task completion time. Despite the slowdown, most participants continue to use AI tools, as they find the development process more enjoyable and less intensive. The authors and the participants continue to collaborate with AI, even though it is directly linked to recent layoffs in the tech space.
Share link:In this post: Crypto investment firm Keyrock claims that Bitcoin treasury companies do not have much influence on price action. This is mostly because most of the BTC holdings are sitting in cold storage and not being deployed for generating yield. Companies with Bitcoin holdings are trading at significant premium to their BTC value.
Share link:In this post: Nvidia CEO Jensen Huang will meet US President Donald Trump at the White House before a trip to China. The agenda for the meeting is undisclosed; both sides have stayed silent on details. Huang is pressing for eased US export restrictions to regain access to the Chinese semiconductor market.
Ethereum just crossed $3,000, but on-chain signals hint that momentum could face a reality check.
Murad Mahmudov’s $52 million crypto portfolio is surging back to its all-time high, driven by SPX6900 gains and a meme coin market rebound.
Aspecta aims to establish an on-chain standard and trust mechanism for "illiquid assets."
K Wave Media secures $1 billion to strengthen its Bitcoin treasury strategy as part of its long-term financial roadmap.Bitcoin as a Strategic AssetInstitutional Adoption Continues to Grow
Ethereum Foundation reveals a bold new structure and focus on long-term ecosystem growth.New Organizational Structure to Power the VisionA Long-Term Commitment to Ethereum’s Success
- 20:22US House Fails to Pass Procedural Vote on Crypto Bill, Second Vote Scheduled for 5:00According to ChainCatcher, Fox News reports that the U.S. House of Representatives plans to attempt another vote on the procedural rules for cryptocurrency-related bills at around 5:00 PM Eastern Time (05:00 Beijing Time). The President is reportedly "angry" and is communicating with lawmakers who are blocking the cryptocurrency bills from reaching the House. Previous reports indicated that a procedural vote on cryptocurrency-related legislation in the House failed to pass.
- 20:17Citigroup CEO: The U.S. Economy Is Outperforming ExpectationsAccording to Jinse Finance, the CEO of Citigroup stated that with the implementation of tariffs, commodity prices are expected to gradually rise starting this summer. The U.S. economy is "outperforming expectations."
- 20:15The three major U.S. stock indexes closed mixedAccording to Jinse Finance, the three major U.S. stock indexes closed mixed, with the Nasdaq up 0.18%, the Dow Jones down 0.98%, and the S&P 500 down 0.4%. Chip stocks rose, with Nvidia up more than 4%, TSMC up more than 3%, and the Philadelphia Semiconductor Index up 1.27%. Most bank stocks declined, with BlackRock and Wells Fargo both down more than 5%, but Citigroup shares rose 3.7%, closing at their highest level since 2008.