News

ChainCatcher news, Matrixport released a market view stating that bitcoin has entered a bear market phase. The recent trend shows similarities with historical "micro bear market" phases across multiple dimensions. In such a market environment, it is especially important to remain sensitive to key signals and to strictly implement risk management. In terms of capital and macro factors, ETF inflows have slowed, both early and experienced funds are reducing their positions, and there is a lack of short-term macro catalysts. The subsequent trend still largely depends on the future policy direction of the Federal Reserve. Currently, the market is at a critical turning point, and several important structural price levels and macro triggers will determine whether the market will continue to decline or enter a bottoming phase.

ChainCatcher news, according to Spanish media Expansion, the Spanish ACS Group is close to reaching a cooperation agreement worth $26.8 billion with BlackRock's Global Infrastructure Partners (GIP) to develop data centers. The agreement includes GIP joining ACS's Digital & Energy division with a 50% equity stake, which involves a gradual capital injection of 5 billion euros and 18 billion euros in debt. Amid surging demand for AI computing and limited power capacity, digital infrastructure valuations have reached new highs. ACS previously planned to raise the valuation of its data center business to between 3 billion and 5 billion euros by 2030, and this cooperation may push its valuation to the higher end of that range. GIP manages over $180 billion in global assets and last month participated in the $40 billion acquisition of the US data center company Aligned together with Microsoft and Nvidia. Morgan Stanley estimates that major tech companies will spend $400 billion on AI infrastructure this year.