News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Share link:In this post: Nvidia CEO Jensen Huang says AI will change every job but won’t eliminate work. Huang admits that some jobs may disappear, but emphasizes that many new jobs will be created. Huang stresses AI is a partner for transformation, not a threat to employment.
Share link:In this post: China’s economic growth slowed in Q2 due to trade tensions and a prolonged property slump, with GDP expected at 5.1%, down from 5.4% in Q1. Possible rate cuts and a large spending package are expected, as exports weaken and consumer confidence stays low. Cutting industrial output is risky, as officials try to fight deflation without causing job losses in an already fragile labor market.
Share link:In this post: UK retail sales rose 3.1% year-on-year in June, boosted by hot weather and increased spending on fans, outdoor gear, and food. Food sales climbed 4.1%, and non-food sales increased 2.2%, reversing May’s retail slump. A Bank of England survey shows firms plan to increase hiring by 1.1% over the next year.
El Salvador’s Bitcoin Reserve reaches an all-time high of $760M, highlighting its bold crypto investment strategy.El Salvador’s Bitcoin Bet Pays OffStrategic Holdings and National ImpactA Model for Crypto-Inspired Governance?
SUI confirms hidden bullish divergence with a potential 30% rally toward $5.26 before further breakout.Targeting $5.26 and BeyondCaution and Market Conditions
Algorand jumps 60% in a week, surpasses Kaspa, and hits a $2.4B market cap milestone.Algorand’s Explosive Weekly RallyOutpacing the CompetitionWhat’s Fueling the Growth?
Hong Kong-based Click Holdings Limited is diving into the crypto space with plans to build a treasury worth up to $100 million in Bitcoin (BTC) and Solana (SOL).
Bank of England Governor Andrew Bailey has issued a stark warning to banks considering the issuance of stablecoins, citing their potential to pose systemic risks to global financial stability.
- 17:36SEC confirms receipt of BlackRock's application to allow staking for spot Ethereum ETFAccording to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) has confirmed receipt of an application allowing BlackRock’s spot Ethereum ETF to engage in staking. Nate Geraci, President of The ETF Store, stated earlier this year that, regardless of circumstances, ETH ETF staking will happen. Under the Trump administration, this is expected to occur even more quickly.
- 17:09If Bitcoin Falls Below $115,000, Total Long Liquidations on Major CEXs Will Reach $1.59 BillionAccording to a report by Jinse Finance, Coinglass data shows that if Bitcoin falls below $115,000, the cumulative long liquidation volume on major CEXs will reach $1.59 billion. Conversely, if Bitcoin surpasses $119,000, the cumulative short liquidation volume on major CEXs will reach $390 million.
- 17:04Trader Eugene: Simply Buying and Holding ETH for Three Months Is Easier Than Chasing Trending Tokens On-ChainBlockBeats News, July 29 — Trader Eugene Ng Ah Sio shared his outlook on the market trends for the coming months: "In my view, there will be very few tokens that can outperform BTC and ETH on a risk-adjusted basis in the near future. Of course, there may be some unexpected meme coins that experience explosive growth, but betting on these in advance is a high-difficulty game. With the market now at relatively high levels, I am more inclined to hold mainstream tokens and reduce high-risk speculative trades. Compared to chasing the next trending token on-chain and getting caught in major volatility, simply buying ETH, holding it for three months without moving, and then selling for a 50% gain is much easier."