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Bitcoin and Ethereum prices have declined as the market adopts a risk-off approach ahead of the upcoming Nvidia earnings report and the release of the Federal Reserve minutes. Nvidia's earnings will influence the AI narrative and capital flows, while the Fed minutes may reinforce a hawkish stance. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
The public beta of the Qianwen app has been launched, with Alibaba introducing its personal AI assistant to the consumer market. The first day’s traffic exceeded expectations, and some users experienced service congestion. “Alibaba Qianwen crashed” quickly trended on social media, but the official response stated that the system is operating normally.
Billionaire investor Peter Thiel has revealed that he has fully exited Nvidia, coinciding with rare simultaneous retreats by SoftBank and "Big Short" investor Michael Burry, further intensifying market concerns about an AI bubble.
Airdrop evaluation is both an "art and a science": it requires understanding human incentives and crypto narratives (art), as well as analyzing data and tokenomics (science).
After Howard Lutnick became the Secretary of Commerce in the Trump administration, his family's investment bank, Cantor, is heading for its most profitable year ever.
This is the third time this year that Alibaba has concentrated its efforts on major initiatives.
The reversal from the historical highs in October is mainly attributed to fading optimism over US pro-crypto policies, a shift in the macro market toward risk aversion, and the quiet withdrawal of institutional buyers such as ETF investors.
On-chain, social media, gaming, and the metaverse will all be tokenized.
By introducing the concept of preconfirmation, Taiko and many Based Rollup Layer2 projects are building a transaction confirmation system that enables users to confirm transactions more quickly and reliably.
- 06:49Data: Decentralized Dapps contribute over 60% of the crypto industry’s revenue, but their market capitalization accounts for only 7%.Jinse Finance reported that Richard Galvin, co-founder of hedge fund DACM, stated that decentralized applications (Dapps) contribute over 60% of the crypto industry's revenue, yet their market capitalization accounts for only 7%. This proportion is the same as when decentralized applications had no revenue at all. Most of the revenue in this sector, as well as all the growth potential... a revaluation of (decentralized applications') valuations seems inevitable.
- 06:38Statistics: Arthur Hayes sold 1,480 ETH in the past two days; the last time he sold coincided with the market bottom.According to ChainCatcher, monitored by Lookonchain, Arthur Hayes sold 1,480 ETH (4.7 million USD) in the past two days—but he is not very good at trading ETH. The last time he sold ETH was on August 1, when the price had just hit the bottom. Only nine days later, he bought back ETH at a higher price.
- 06:31Galaxy executive: Institutions are not concerned about the controversy between Bitcoin Core and KnotsAccording to a report by Jinse Finance, Alex Thorn, Head of Research at Galaxy Digital, stated that most institutional-level bitcoin investors seem to be unaware of, or uninterested in, the ongoing dispute between Bitcoin Core and Knots over the past few months. The core of the debate centers on what bitcoin should be used for and whether non-financial transactions should be excluded. This controversy was triggered by the recent Bitcoin Core v30 update, which some believe may "open the floodgates" and lead to an influx of more "junk transactions." Supporters of Knots nodes argue that such "junk transactions" should be filtered out, otherwise malicious actors could exploit the blockchain to embed illegal or unethical content. However, the Bitcoin Core side believes that any restrictions could lead to network splits, user confusion, and violate one of the core principles of bitcoin technology.