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The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"
The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"This week, the tech stock market experienced a dramatic roller coaster ride, with AI frontrunner Nvidia at the heart of the "frenzy." On Tuesday, Nvidia's stock price plunged by 7%, but the next day it surged nearly 13%, adding a staggering $330 billion to its market value...
Blockchain 2024-08-04 10:09:38 -
Trump Embraces Bitcoin: Election Strategy or a Sign of Dollar Collapse?
Trump Embraces Bitcoin: Election Strategy or a Sign of Dollar Collapse?On July 27th, at the Bitcoin 2024 conference in Nashville, Tennessee, former US President and Republican presidential candidate for the 2024 election, Donald Trump, delivered a striking speech announcing that he would include Bitcoin as a strategic reserve asset for the United States. This move has sparked widespread attention and discussion...
Blockchain 2024-08-04 10:09:12 -
Risk Aversion Intensifies, Bitcoin Stages a Rollercoaster Ride: Dips Below $63,000 Before Rebound, Over 100,000 Liquidations
Risk Aversion Intensifies, Bitcoin Stages a Rollercoaster Ride: Dips Below $63,000 Before Rebound, Over 100,000 LiquidationsAmidst heightened global tensions, risk assets have faced a sell-off, and Bitcoin has not been spared. In the past 24 hours, Bitcoin's price plummeted from $66,700 to below $63,000, representing a decline of nearly 3%...
Blockchain 2024-08-04 10:08:26 -
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for Clients
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for ClientsAmong traditional financial institutions on Wall Street, Morgan Stanley is the first to open investment channels for Bitcoin exchange-traded funds (ETFs) to its clients. On Friday, August 2nd, the global wealth management giant announced that starting August 7th, its approximately 15,000 financial advisors will be authorized to recommend Bitcoin ETFs to eligible clients...
Blockchain 2024-08-04 10:08:02 -
Beijing Focuses on Building a Digital Financial Ecosystem, Promoting the Full-Scenario Application of Digital RMB
Beijing Focuses on Building a Digital Financial Ecosystem, Promoting the Full-Scenario Application of Digital RMBOn July 31, the People's Bank of China Beijing Branch and the State Administration of Foreign Exchange Beijing Branch jointly held a press conference to announce the financial statistics of Beijing in the first half of 2024 and introduce the progress of the "Five Major Articles" in the financial field. Among them, Yu Jian, director of the Monetary Credit Management Division of the People's Bank of China Beijing Branch, elaborated on the relevant measures in promoting the construction of the capital's digital financial ecosystem...
Blockchain 2024-08-04 10:07:07 -
RenDong Holdings Receives Patent for Digital Currency Identity Credentials, Empowering Secure Transactions
RenDong Holdings Receives Patent for Digital Currency Identity Credentials, Empowering Secure TransactionsOn July 23, 2024, according to Tianyancha information, RenDong Holdings Co., Ltd...
Blockchain 2024-08-04 10:06:06 -
Shandong University of Technology Software Acquires Patent for "Blockchain Node Upgrade System and Method for Avoiding Blockchain Forking"
Shandong University of Technology Software Acquires Patent for "Blockchain Node Upgrade System and Method for Avoiding Blockchain Forking"On July 19, 2024, financial news reported that Tianyancha Intellectual Property Information showed that Shandong University of Technology Software Co., Ltd...
Blockchain 2024-08-04 00:10:49 -
Bitcoin Plunges Again, Breaking Below $62,000, Other Cryptocurrencies Also Decline
Bitcoin Plunges Again, Breaking Below $62,000, Other Cryptocurrencies Also DeclineOn August 3rd, Beijing time, Bitcoin prices experienced another significant drop, breaking through $63,000 and $62,000 consecutively. As of 10:40 am that day, Bitcoin was trading at $61,353, down 4...
Blockchain 2024-08-04 00:10:18 -
Ethereum Plunges Below $3,000, Marking a Three-Week Low
Ethereum Plunges Below $3,000, Marking a Three-Week LowOn August 2nd, Ethereum's price dipped below the $3,000 mark, reaching its lowest point since July 9th. As of this writing, Ethereum has dropped over 6%, mirroring the recent bearish sentiment that has gripped the broader cryptocurrency market...
Blockchain 2024-08-03 23:54:02 -
The price of Bitcoin has fallen below $64,000 per coin, representing a drop of over 2.08% on the day, as of press time. This volatility has garnered market attention, with investors closely watching the movements in the digital currency market.
The price of Bitcoin has fallen below $64,000 per coin, representing a drop of over 2.08% on the day, as of press time...
Blockchain 2024-08-03 23:50:11 -
Pixel 9 Pro Fold Spotted at Starbucks: Google's Foldable Flagship is About to Unfold
Pixel 9 Pro Fold Spotted at Starbucks: Google's Foldable Flagship is About to UnfoldWith less than two weeks remaining before Google's "Made by Google" event on August 13th, anticipation for the Pixel 9 series is reaching fever pitch. And just recently, the Pixel 9 Pro Fold was unexpectedly spotted in a Starbucks in Taiwan...
Mobile Internet 2024-08-03 23:43:57 -
Boeing's Starliner Program Continues to Bleed Money, NASA May Delay Operational Service
Boeing's Starliner Program Continues to Bleed Money, NASA May Delay Operational ServiceOn August 2nd, Boeing released its latest quarterly earnings report, revealing that the losses for its Starliner commercial crew program continued to mount, with the total project losses nearing $1.6 billion...
Industry dynamics 2024-08-02 18:20:33