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...
According to the Russian news agency Sputnik, Brazilian President Lula has criticised US President Donald Trump for trying to interfere in the internal affairs of many countries. "From what Trump has done, he is trying to become a global emperor," Lula said. In addition, the Brazilian president said Trump must be aware of respecting the sovereignty of every country. Lula previously said Trump's proposals to take over the Gaza Strip and relocate Palestinians to other Middle Eastern countries coul...
Buffett did not mention artificial intelligence, Nvidia, bitcoin, chips and other topics in this year's open letter to shareholders.
Buffett released his annual letter to shareholders, saying that Berkshire has exceeded his expectations in 2024, will always invest the vast majority of its money in stocks, will stick to American companies and continue to bet on Japan. Click to view...
Buffett issued his annual shareholder letter, noting that the value of his tradable stock holdings fell from $354 billion to $272 billion last year, but the value of his unlisted controlling stake has increased and remains well above the value of his tradable stock portfolio. We will always invest the vast majority of their money in stocks - primarily U.S. stocks, although many of these companies will have significant international operations. Berkshire will never be more inclined to hold cash e...
Investors may be looking for guidance on the "post-Buffett era" when Mr. Buffett releases his highly anticipated annual shareholder letter on Saturday.
Another class of employees at the U.S. Consumer Financial Protection Bureau (CFPB) received termination notices on Thursday, according to five sources and the termination letter, suggesting the Trump administration is firing federal employees more than just probation period employees. The notices were sent to dozens of so-called "fixed-term employees," all full-time employees with contracts with termination dates. The notices show the termination letters, dated Feb. 13, were sent by Adam Martine...
According to market research firm Kobeissi Letter, the number of short Ethereum positions on the CME has skyrocketed by 500% since last November.
The Kobeissi Letter said in a post on X that ZeroHedge's new chart shows that Ethereum is facing record short selling by hedge funds, with the number of CME futures contracts hitting a new high of 11,341. Short positions on Ethereum have increased by 40% in one week and by 500% since November 2024. It points out that the history of Ethereum shows a clear correlation between large short positions and subsequent price crashes.
On February 10, the reporter learned that HEYTEA has recently suspended the application for store franchise. In response to this news, HEYTEA officials confirmed, saying, "After careful consideration, we have indeed temporarily stopped accepting business partnership applications." HEYTEA said that in the context of high homogeneity of product brands, oversupply of stores, and a general decline in operating efficiency, the industry continues to expand its scale, which may be more of an obsession ...
In a letter from Digital Currency Group shareholders, CEO Barry Silbert talks about deAI (Decentralized AI): the cryptocurrency industry's efforts to merge artificial intelligence innovation with blockchain technology. He believes that this technological convergence of deAI could lead to better returns for humanity than closed systems developed by OpenAI and other giants. DCG has invested $105 million in more than a dozen deAI projects, Barry Silbert said.
The signal of the US non-agricultural report in January was confused, and many data were significantly different from the expected value. What are the main points of interest and how to interpret them?
According to DLNews, Noelle Acheson, author of the Crypto Is Macro Now newsletter, said that if the tariff scare subsides soon, it will be a good thing for risky assets, including bitcoin. But if not, safe-haven assets such as bitcoin can benefit from investors looking to hedge against the depreciation of their own currencies and prepare for the development of the new economy. Even so, much of Bitcoin's success depends on the strength of the US dollar. "A fall in the dollar against other currenc...