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AI Gold Rush Creates $320 Billion Bubble as Federal Reserve Measures Lose Effectiveness
AI Gold Rush Creates $320 Billion Bubble as Federal Reserve Measures Lose Effectiveness

- Fed's rate hikes fail to curb tech giants' $320B+ AI spending surge, defying traditional monetary policy effectiveness. - Amazon, Microsoft, Alphabet, and Meta spent $97B+ on AI infrastructure Q3 2024, with Microsoft planning $80B 2025 data center investments. - Investor skepticism grows as Meta's 12% stock plunge contrasts Amazon's 11% rise, highlighting divergent monetization strategies and unproven AI ROI. - Private credit fuels AI expansion while Fed struggles to influence spending, raising fears of

Bitget-RWA·2025/10/31 16:26
LRC rises by 2.64% over 24 hours as technical signals worsen
LRC rises by 2.64% over 24 hours as technical signals worsen

- LRC surged 2.64% in 24 hours but fell 66.02% over one year, reflecting a severe bear market. - Technical indicators show declining 50/200-day averages and RSI near oversold levels without reversal signs. - Price volatility remains compressed within Bollinger Bands, with no clear breakout direction. - LRC's movements appear driven by internal factors like algorithmic trading rather than broader market events.

Bitget-RWA·2025/10/31 16:16
USDC Holds Steady at $1.0003 While Legal Action Prolongs Freeze on Illicit Funds
USDC Holds Steady at $1.0003 While Legal Action Prolongs Freeze on Illicit Funds

- USDC remains stable at $1.0003 as a U.S. court extends a freeze on $63M in stolen funds from the 2023 Multichain exploit. - The stablecoin’s market cap grew 72% to $74B since January 2025, surpassing USDT, driven by regulatory clarity and MiCA compliance. - Revolut now allows fee-free USD-to-USDC/USDT conversions up to €500K, enhancing accessibility across six blockchains. - USDC’s stability and cross-chain utility reinforce its role as a leading stablecoin in the evolving crypto ecosystem.

Bitget-RWA·2025/10/31 16:16
XRP News Today: Zcash’s Focus on Privacy Poses a Challenge to XRP’s Leading Role in Crypto Compliance
XRP News Today: Zcash’s Focus on Privacy Poses a Challenge to XRP’s Leading Role in Crypto Compliance

- Zcash (ZEC) surged 45% as privacy-focused demand outpaces XRP and Monero amid regulatory shifts. - Industry leaders like Mert and Arthur Hayes predict ZEC could surpass XRP by 2025, citing privacy's moral imperative. - Zcash's zk-SNARKs technology attracts attention in data-regulated regions, with EU transaction volumes rising 45% YTD. - XRP's $152.8B market cap contrasts with ZEC's $5.8B growth, highlighting tension between transparency and anonymity. - U.S. Treasury guidance and EU MiCA framework valid

Bitget-RWA·2025/10/31 16:04
Ethereum News Today: Ethereum Faces Critical $4,100 Threshold as Bulls and Bears Battle
Ethereum News Today: Ethereum Faces Critical $4,100 Threshold as Bulls and Bears Battle

- Ethereum (ETH) near $4,100 support triggers debate over short-term rally vs. consolidation amid double-bottom pattern and bearish technical indicators. - Symmetrical triangle consolidation and $7M outflows signal weak institutional participation, while $4,000-$4,250 resistance remains critical for directional clarity. - Long-term bulls project $10,000 by 2027-2028 if ETH clears key resistance, supported by whale repurchases of 16% sold coins since October 5. - Upcoming Fed policy decisions and liquidity

Bitget-RWA·2025/10/31 16:04
XRP News Today: Noomez Introduces a Deflationary Framework, Offering a Structured Alternative to Meme Coin Craze
XRP News Today: Noomez Introduces a Deflationary Framework, Offering a Structured Alternative to Meme Coin Craze

- Noomez ($NNZ) introduces a 28-stage presale with automated token burns, positioning itself as a deflationary alternative to Dogecoin and Shiba Inu. - Structured tokenomics include staged price increases, Vault events for additional burns, and third-party audits to address rug pull risks in the meme coin space. - Post-presale, $NNZ holders gain staking rewards (up to 66% APY) and airdrops, differentiating it from hype-driven projects amid XRP's legal challenges. - While transparent mechanics and gamified

Bitget-RWA·2025/10/31 16:04
Solana News Update: Solana ETFs See $56M in Trading Volume, But Token Falls 3.65% Amid "Buy-the-Rumor" Shift
Solana News Update: Solana ETFs See $56M in Trading Volume, But Token Falls 3.65% Amid "Buy-the-Rumor" Shift

- Solana's first U.S. altcoin ETFs (BSOL, GSOL) launched in October 2025, drawing $56M in volume but triggering a 3.65% SOL price drop amid "buy-the-rumor, sell-the-news" dynamics. - Institutional crypto inflows hit $921M weekly, with Solana's 7% staking yield and 81% staked SOL attracting yield-focused investors over Ethereum's 3%. - Western Union announced a USDPT stablecoin on Solana in 2026, leveraging its low-cost infrastructure, though unconfirmed reports suggest $25M-$50M in upfront payments for exc

Bitget-RWA·2025/10/31 16:04
Flash
14:56
If Bitcoin breaks $75,000, the mainstream CEX total short liquidation volume will reach $453 million
BlockBeats News, May 31st, according to Coinglass data, if Bitcoin breaks above $75,000, the total short liquidation intensity on mainstream CEXs will reach $453 million. Conversely, if Bitcoin falls below $72,000, the total long liquidation intensity on mainstream CEXs will reach $670 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be impacted when it reaches a certain position. A higher "liquidation bar" indicates that the price reaching that level will experience a more intense reaction due to a liquidity cascade.
14:32
White House Chief Economist urges the public to view economic data fluctuations rationally
Golden Ten Data reported on May 31 that White House National Economic Council Director Hassett stated on Sunday that the way media reports economic news often leads people to focus excessively on the most severe issue present at a particular moment. Speaking on ABC's "This Week," Hassett said, "One thing I noticed in the White House is that as soon as a piece of consumer price data appears a bit disappointing, that's all we talk about." He made these remarks regarding gasoline prices and their impact on inflation. Hassett said that everyone should look at the big picture, not just energy prices or a temporary problem area in the economy. "What you should do is calmly view these ups and downs and focus on changes in real wages," he said. "If you look closely, you'll find that thanks to an increase in employment, rising stock markets, and strong corporate profits, this is translating into higher wage levels."
14:25
Next Week Macro Outlook: US-Iran Negotiation Enters Key Window, Non-Farm Payrolls and Unemployment Rate Data Incoming
BlockBeats News, May 31st: Regarding the US-Iran ceasefire agreement and the Strait of Hormuz opening issue, Trump stated that the agreement is close to being reached and demanded that Iran abandon its nuclear weapons capability and open the Strait of Hormuz; however, Iran denied having approved the final agreement text and emphasized that there are still differences in related arrangements. US Secretary of Defense Haggerty warned that if the negotiations fail, the US is prepared to resume military action against Iran. If both the US and Iran can further confirm a ceasefire extension or reach a phase one agreement next week, risk assets may continue to benefit, while oil prices and safe-haven assets may face new directional choices. On a macro level, next week the US will see key economic data such as May seasonally adjusted non-farm payrolls and the May unemployment rate. At the same time, several Federal Reserve officials will speak, and the market will further assess the balance between the US economic slowdown and inflation pressures, as well as changes in the future interest rate path. The key events are as follows: Monday 11:00, NVIDIA GTC Taipei 2026 Conference opens, with Jensen Huang delivering a keynote speech. Tuesday 13:50, 2026 FOMC Voter and Minneapolis Fed President Kashkari will speak; 20:30, 2026 FOMC Voter and Cleveland Fed President Hammack will speak on monetary policy; 22:00, US April JOLTs Job Openings; Wednesday 20:15, US May ADP Employment Change; 22:00, US May ISM Non-Manufacturing PMI; Thursday 02:00, Federal Reserve releases Beige Book; 20:30, US Initial Jobless Claims up to the week ending May 30; Friday 01:10, San Francisco Fed President Daly will speak; 20:30, US May seasonally adjusted non-farm payrolls and US May unemployment rate. Meanwhile, AI remains a core theme driving the rise of global risk assets. As the corporate earnings season draws to a close, the market will continue to focus on the performance of companies such as CrowdStrike, Palo Alto Networks, Broadcom, etc., to observe whether the AI investment frenzy can continue to spread to more industries. After the US stock market ended May at historical highs, the market will also face the traditional "June Curse" test. In a midterm election year, June is historically the worst performing month for the US stock market, and investors generally expect the market to enter a short-term consolidation phase.
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