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Pharmaceutical and defense industries are heavily investing in AI, yet concerns about overvaluation persist
Pharmaceutical and defense industries are heavily investing in AI, yet concerns about overvaluation persist

- Novartis acquires Avidity Biosciences for $12B to advance gene therapy and AI-driven drug development. - The deal reflects biotech's M&A trend, leveraging AI to accelerate innovation and reduce R&D costs. - Palantir and BigBear.ai see AI-driven growth through defense contracts, but face valuation risks amid high multiples. - Forbes survey highlights AI strategies in high-growth firms, with regional and sector adoption disparities. - Experts warn of valuation risks as AI-focused M&A surges, with execution

Bitget-RWA·2025/10/29 19:28
Bitcoin Updates Today: Bitcoin Shows Strength as Fed's Shift to Dovish Stance Eases Powell's Ambiguity
Bitcoin Updates Today: Bitcoin Shows Strength as Fed's Shift to Dovish Stance Eases Powell's Ambiguity

- Fed Chair Powell's speech triggered sharp Bitcoin swings, dropping 2% before rebounding amid mixed policy signals. - 3.75%-4.00% rate cut and QT pause injected liquidity, boosting crypto inflows as Bitcoin neared $113,000. - Political tensions and Trump's tariff rhetoric added volatility, though markets focused on Fed's dovish pivot. - 80% chance priced for December rate cut, with crypto markets embracing easing cycle despite Powell's uncertainty.

Bitget-RWA·2025/10/29 19:28
Ethereum News Update: Bitcoin Price Swings Trigger $2.95B Wave of Crypto Liquidations
Ethereum News Update: Bitcoin Price Swings Trigger $2.95B Wave of Crypto Liquidations

- Crypto market saw $2.95B in leveraged liquidations as Bitcoin surged past $116,000, triggering massive short position collapses and heightened volatility. - Ethereum faced $522M in 24-hour liquidations while ETHZilla liquidated $40M in ETH for share buybacks, raising concerns about price stability. - Traditional markets contrasted crypto turmoil with $170.6M in corporate buybacks, while Bitmain's $135M ETH purchase signaled institutional confidence. - Blazpay's $925.7K presale raised investor confidence

Bitget-RWA·2025/10/29 19:28
America’s Strategic Move in the Hemisphere: Aircraft Carrier Redeployment Heightens Strain Amid Unraveling Middle East Truce
America’s Strategic Move in the Hemisphere: Aircraft Carrier Redeployment Heightens Strain Amid Unraveling Middle East Truce

- U.S. deploys Ford Carrier Strike Group to Latin America to combat drug trafficking, escalating regional tensions and straining Venezuela-Colombia relations. - Trump's "narco-terrorism" strategy faces backlash as Maduro condemns operations and Colombia accuses U.S. forces of civilian casualties. - Shifting carriers to Latin America leaves Mediterranean/Mideast vulnerable, coinciding with Gaza ceasefire collapse and rising Israeli-Hamas clashes. - Analysts warn Ford's absence risks destabilizing Iran-Houth

Bitget-RWA·2025/10/29 19:28
Defying Memecoin Skeptics: $HUGS Blends Nostalgic Appeal with Blockchain Functionality
Defying Memecoin Skeptics: $HUGS Blends Nostalgic Appeal with Blockchain Functionality

- Milk Mocha ($HUGS) token combines deflationary mechanics with a 40-stage presale, burning unsold tokens to reduce supply and increase value. - The token powers a metaverse/gaming ecosystem with NFTs, in-game purchases, and physical merchandise, creating multi-layer utility for holders. - Community governance via DAO allows staking for 50% annual yield and voting on resources, aligning developer and user incentives. - Near-full whitelist and rising token prices highlight scarcity-driven access, prioritizi

Bitget-RWA·2025/10/29 19:28
Flash
16:52
Zcash Foundation: Zebra 4.5.0 Released, Node Operators Should Upgrade Immediately
On May 31, the Zcash Foundation announced the release of Zebra version 4.5.0. This version addresses multiple security vulnerabilities in the consensus mechanism and the network. All node operators are urged to upgrade immediately.
16:39
Loracle has been continuously reducing HYPE short positions for 9 hours, with $59 million in spot holdings remaining untouched.
BlockBeats news, on May 31, according to Hyperinsight monitoring, HYPE's largest short seller, "Trader Loracle," has been reducing their short position for 9 hours, with each reduction ranging from $400,000 to $1.4 million. The short position is massive; so far, $7 million has been reduced, but the remaining short position is still valued at $108 million, with an unrealized loss of $34.6 million. Of the $27 million margin in the account, around $23 million is being used to maintain this position. In addition, 893,000 unstaked HYPE tokens were further transferred today to the trader's HyperEVM address, valued at approximately $59 million. There have been no further actions on the spot position so far. In the past month, this whale has unlocked a total of 1,115,000 HYPE tokens in two events, worth about $63.51 million. According to clearly traceable on-chain records, 557,000 HYPE tokens, valued at roughly $33.35 million, were sold on May 21. The market widely expects that Loracle may sell the newly unlocked 893,000 HYPE tokens on the spot market. In addition, this sale could coincide with a further reduction of short positions; if the short does not unwind synchronously with the spot sale, the $104 million HYPE short exposure will become a one-sided naked short. If a short squeeze and liquidation occur, potential losses could exceed $100 million, enough to wipe out all spot gains.
16:22
Data: Spot and derivatives dual-net inflows boost BNB back above $700
BlockBeats News, on May 31, according to market data, BNB surged above $700, currently quoted at $703.5, with a 24-hour increase of 10.2%. According to Coinglass data, in the past 24 hours, the net inflow of BNB contracts across the network reached $61.93 million, an increase of 770% in net inflow; the net inflow of BNB spot funds across the network was $15.23 million, an increase of 796% in net inflow.
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