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Nasdaq-listed company Bitdeer officially announced that it has increased its holdings of 50 BTC (about $4.74 million) today, bringing the total amount of bitcoin holdings to 787 BTC as of 8:00 pm (Singapore time) on February 3, 2025.
The Bank of England is expected to cut interest rates by about 80 basis points by the end of 2025, compared with about 75 basis points expected on Friday, UK interest rate futures show.
The Bank of England is expected to cut interest rates by another 25 basis points this week, as policymakers weigh signs of a weakening British economy against the prospect of a short-term pick-up in inflation. Financial marekt has been betting that the Bank of England's monetary policy committee will cut the official interest rate to 4.5% on Thursday, the third cut in borrowing costs in more than half a year. But with inflation likely to pick up again in the UK and US President Donald Trump's ta...
Some AI concept Hong Kong stocks continued to rise, Kingsoft Cloud (03896.HK) rose 29%, SMIC International (00981.HK) rose more than 5%.
AI concept stock Kingsoft Cloud (03896.HK) rose all the way in early trading today, and the increase is currently expanding to more than 30%.
US President Donald Trump officially announced tariffs on China, Canada, and Mexico, the three largest sources of US imports, on the 1st, sparking fears of a trade war. On the 2nd local time, Trump admitted that Americans "may" feel the economic "pain" from the tariffs, but at the same time claimed that it is the "price" of making America great again. "The United States has huge deficits with Canada, Mexico, and China (and almost all countries!)...
According to Binance market data, the USDT street price rose to 7.7 yuan for a short time, and is now at 7.52 yuan. The current exchange rate of the US dollar against the RMB is 7.2507 yuan, and the USDT premium rate is 3.71%.
Bank of America Securities said the new DeepSeek model has a positive impact on software, cloud computing, and cutting-edge AI.
Hong Kong stock AI concept stocks strengthened, and Kingsoft Cloud rose to 20%.
Utah could become the first state in the US to establish a bitcoin reserve because of its short legislative window and "political momentum". Dennis Porter, CEO of the Satoshi Action Fund, said in an interview with U.S. Senator Cynthia Lummis on February 2 that Utah has a good chance of becoming the first state in the United States to establish a bitcoin reserve because they only have 45 days to make a decision. Dennis Porte said in an interview on January 21: "It's either a success in 45 days or...
According to Reuters, India's Minister of Economic Affairs, Ajay Seth, said in an interview that India is revisiting its stance on cryptocurrencies due to the shift in attitudes towards cryptoassets in other countries. The review, which follows the announcement of crypto-friendly policies by US President Donald Trump, could further delay the release of a cryptocurrency discussion paper originally scheduled for September 2024. Ajay Seth said, "No.
OpenAI and SoftBank Group will seek to build Japan's artificial intelligence infrastructure, including data centers and power plants. The two companies will host a gathering of more than 500 Japanese companies in Tokyo on Monday to find industry applications in which they are involved in generating artificial intelligence. OpenAI CEO Sam Altman and SoftBank Group CEO Masayoshi Son are expected to make an announcement Monday night after meeting with Japanese Prime Minister Shigeru Ishiba.
Paul Grewal, chief legal officer of Coinbase, said in a social media post that Delaware could lose its status as the first choice for US companies to register. He mentioned that he has tried cases, formed friendships with judges and taught local lawyers in Delaware, but the business environment in the state is currently facing challenges. Although Grewal did not specify the reasons for the threat to Delaware's status, market speculation may involve supervision.
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