Nvidia CEO Jen-Hsun Huang said he expects to spend $1 trillion on data center construction by 2028.
The Polkadot Treasury 1439 referendum proposal co-sponsored by Bifrost and Hyperbridge was passed yesterday. The proposal aims to allocate 3.50 million US dollars (about 25 million yuan) in the top DEX cooperation in the Ethereum, Arbitrum, Base, BSC blockchain ecosystem for DOT and vDOT (DOT LST) to establish liquidity. Developers can use the liquidity, Hyperbridge cross-chain and Bifrost SLPx SDK to freely carry out cross-chain combination and application development around DOT/vDOT in the abo...
The Nasdaq 100 index erased nearly 4 trillion dollars in market value! The valuation of the "Big Seven" plummeted, but it was far from reaching the bottom, and investors were discouraged. Click to view...
Today, gold broke through $3,000/ounce, setting a new record high. During the same period, Bitcoin reported $83,259, with a market value of $1.65 trillion. As a result, the total market value of gold exceeded $22 trillion, which is 13.3 times the market value of Bitcoin.
According to Arkham monitoring data, approximately 298.937 AVAX (worth approximately $5,480) was transferred to the new wallet from the US government wallet address in the past nine hours, and another small transfer of 0.546 AVAX (approximately $9.99) was made.
Tencent is accelerating the promotion of large-scale model applications. The reporter recently learned that Tencent recently purchased a batch of new chips from NVIDIA. In order to deliver orders to Tencent on time, NVIDIA H20 chips are in short supply. A person close to NVIDIA said that Tencent's order amount is about billions of yuan. As of now, Tencent has not responded to this. An Alibaba Cloud person told reporters that according to his understanding, Tencent purchased a large number of H20...
Elon Musk's aggressive efforts to improve efficiency failed to prevent the U.S. federal government from increasing its spending to a record $603 billion last month, compared with just $296 billion in taxes, according to new data from the U.S. Treasury, highlighting the Trump administration's difficulties in slashing the size of government. This resulted in a budget deficit of $307 billion for the month, meaning that the US government received less than the deficit in all its tax revenues in Febr...
On March 12th, according to Dragonfly's latest Airdrop Status Report 2025, US users have missed out on huge cryptocurrency airdrop gains due to geographical restrictions. The report analyzes data from 12 airdrop projects (11 geographically restricted projects and 1 unrestricted control project) between 2019 and 2023, and estimates that there are 920,000 to 5.20 million active US users (accounting for...
Aurelie Barthere, principal research analyst at crypto analytics platform Nansen, said that most cryptocurrencies are currently breaking through key support levels, so it is difficult to estimate the next key price level. For Bitcoin, the next level could be between $71,000 and $72,000, the top of the trading range before the Trump election. Despite the decline in investor sentiment, cryptocurrencies and global markets are still in a "macro correction" of the bull market. The market is still in ...
The three major stock indexes of the US stock market continued to fall on the 10th. Among them, the market value of the S & P 500 Index has fallen by about 8.6% since it hit a record high on the 19th of last month, and the market value has evaporated by 4 trillion US dollars. According to US media, investors are worried that the US tariff policy will trigger the US economic recession, which is the main reason for the continued decline of US stocks.
Canaan Technology announced that it has entered into a securities purchase agreement with an institutional investor to provide total proceeds of up to $200 million through the A-1 Series preference share financing. The first payment of the preference share financing was completed on March 10, 2025, and the first payment of $100 million has been received. It is expected to receive an additional $100 million related to the second payment in the near future, subject to certain terms and conditions.
According to The Kobeissi Letter, since reaching a record high on December 16, 2024, the cryptocurrency market has lost $1.30 trillion in market capitalization, a drop of 33%, equivalent to an average daily loss of $15.50 billion for 84 consecutive days. The Kobeissi Letter notes that this marks the largest three-month market cap correction in cryptocurrency history, and the total value of the cryptocurrency market has now fallen to its lowest level since November 6, 2024.
According to China Money Network, the onshore yuan rose above 7.25 against the dollar and is now at 7.2471.
On March 10, according to Solid Intel's monitoring, US technology stocks generally fell today. Strategy $MSTR: -14% Tesla $TSLA: -8% Palantir $PLTR: -7% Alphabet $GOOGL: -5% Meta $META: -4%; NVIDIA $NVDA: -4% Amazon $AMZN: -3% Netflix $NFLX: -3% Microsoft $MSFT: -2%
On March 10, Avalon Labs announced that it had successfully obtained a minimum credit line of $2 billion, which was provided by a well-known consortium in Asia, marking an important milestone in institutional lending in the crypto industry. This historic breakthrough is not only an important milestone in the institutionalization of DeFi, but also highlights the strategic position of Bitcoin in the global financial system. Avalon Labs will use this credit support to provide institutions with inst...