On January 27th, there was news today that the DeepSeek service status page shows that the DeepSeek webpage/API is not available, and the issue is currently being investigated. Yesterday (26th), DeepSeek experienced a short-term flash crash. For the reason why the DeepSeek webpage/API is not available, DeepSeek responded that it may be related to service maintenance, request restrictions and other factors.
Barclays is now predicting that the Fed's quantitative tightening will end in September rather than March, citing the absence of any mention of balance sheet reduction in meeting notes issued last month. The Fed's decision to halt balance sheet reduction is likely to depend more on the ratio of reserves to bank assets than on a specific date, Barclays strategist Joseph Abate wrote in a note. Barclays assumes the Fed wants to reduce reserves to about 12 per cent of assets, a threshold that could ...
On January 16, the Federal Reserve Beige Book said that most Federal Reserve districts reported strong holiday sales during the reporting period, which exceeded expectations. Auto sales rose to some extent. Construction activity generally declined. Manufacturing overall fell slightly, and some reserve districts reported that manufacturers were stockpiling inventory in anticipation of tariff increases. Activity in the residential real estate market was flat overall, with high lending rates contin...
Tether is suing Swan Bitcoin, a financial services company, over a contractual dispute over the two companies' bitcoin mining joint venture. "Tether and its co-plaintiff, 2040 Energy Limited, have recently commenced proceedings against Swan in the High Court of England and Wales," a Tether spokesperson wrote in an email. "In our partnership with Swan, Tether has always acted with integrity, supported common business objectives and adhered to all relevant agreements," Tether said. On the contrary...
Upbit has suspended the top-up service of Solve.Care (SOLVE), citing its lack of transparency and possible risks to investors. SOLVE has been designated a "alert project" and will undergo a two-week review period during which Upbit will assess whether to extend the specified period, cancel the specified period, or terminate trading support.
On January 9, Vitalik Buterin wrote on X: "Polymarket is unique because its growth period coincides with an actual social problem and is suitable for helping to solve it (in 2024, there is a huge distrust of partisan media in the United States and elsewhere). What specific large-scale social problems are crypto technologies suitable to help solve now or in the near future? (In fact, we want to look for situations that involve centralized institutions breaking down, not being trusted, or widely p...
Hack VC expects more large-scale acquisitions in 2025, as web2 companies interested in cryptocurrencies are likely to return due to the ongoing bull market. Ed Roman, co-founder and managing partner of Hack VC, said: "These Web2 buyers have been inactive for the past few years due to the NFT crash and FTX crash, but we expect them to return as cryptocurrencies enter peak season again, and since these companies often lack crypto expertise or technology, it is easier to acquire some companies than...
1. Launched the "full blood" reasoning model o1 and ChatGPT Pro ($200 monthly subscription fee). 2. Launched an enhanced fine-tuning research project, able to customize models using dozens to thousands of high-quality tasks. 3. Officially launched the AI video generative model Sora Turbo, which supports up to 1080p 20s video. 4. Released an upgraded version of Canvas creative assistant, focusing on efficient programming and writing, open to all users. 5. Collaborated with Apple to release iOS 18...
On December 10th, the A50 futures index rose by more than 4% at the end of yesterday's trading, and it rose by nearly 1% again at night. However, after the opening of today's trading, the index ushered in a rapid plunge, with the index falling by 3.5%, almost erasing yesterday's sharp rebound. What happened behind this strong shock? Analysts believe that on the one hand, it may be related to the external environment. Today's Asian session, the world's major stock index futures sold out across th...
Sam Altman, OpenAI Founder: Today's announcement is a "full-blooded" inference model o1 and ChatGPT Pro ($200 monthly subscription).
It's non-farm week again, what level is the non-farm data at or is it relatively reasonable? If there are unexpected changes, how will the Federal Reserve act? > >
European Central Bank Governing Council Villeroy: There are good reasons to cut interest rates in December.
Mr. Kashkari said a rate cut in December was a reasonable consideration. The neutral rate could be higher and policy constraints less stringent. Geopolitical risks are the top consideration for the economic outlook. There was no comment on the Treasury nominee. The administration is needed to put the US on a sustainable fiscal path.
"There is no reason why SOL should not do things like DOGE, XRP, ADA when the trend comes," Eugene Ng Ah Sio, a trader, wrote in an X post. "Distribution networks are as good or better than all networks, and many have profited from them. When breaking new highs, all you need is patience and a diamond hand."
On November 12th, this afternoon, the Asia-Pacific stock market sold out across the board. As of press time, the MSCI Asia-Pacific index fell 1% to 185.82 points, the Hong Kong Hang Seng Technology index fell more than 3.8%, the Taiwan stock market weighted index fell more than 2%, and the South Korean stock index fell more than 1.5%. The Nikkei index fell nearly 1%. So, what happened? Analysts believe that the market plunge may be mainly due to two reasons: one is that the US dollar index and U...