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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 -
The AI Investment Frenzy: A Survival Battle Behind Tech Giants' Spending Spree
The AI Investment Frenzy: A Survival Battle Behind Tech Giants' Spending SpreeThis week, tech giants have been caught in a whirlwind of AI investment-driven drama. Nvidia's stock price has been on a rollercoaster ride, plummeting 7% on Tuesday, only to soar nearly 13% the next day, adding $330 billion to its market cap and sending other tech stocks on a similar wild ride...
Blockchain 2024-08-04 10:08:48 -
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 -
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Blockchain 2024-08-04 10:07:32 -
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 -
Meizu PANDAER City Pop Magnetic Antibacterial Case Launched, Tailored for Huawei PURA 70 Pro / Ultra
Meizu PANDAER City Pop Magnetic Antibacterial Case Launched, Tailored for Huawei PURA 70 Pro / UltraMeizu has today launched a PANDAER City Pop magnetic antibacterial case designed specifically for the Huawei PURA 70 Pro / Ultra smartphones on its official website. This phone case, with its unique "IML Double Plastic 3D Printing + Magnetic Array + TPE Anti-Collision Strip + Full Coverage Structure" design and two vibrant color options, "Bubble Party" and "Cloud Sea", has captured the attention of many users...
Mobile Internet 2024-08-04 00:08:09 -
Lei Jun's Fifth Annual Speech: The Redmi K70 Series Shines Again, Leading the Price-Performance Peak in the 2000-2999 Yuan Segment
Lei Jun's Fifth Annual Speech: The Redmi K70 Series Shines Again, Leading the Price-Performance Peak in the 2000-2999 Yuan SegmentThis year, supply chain component prices have been steadily rising, but the Redmi K70 Ultra has bucked the trend, winning over the market and consumers with its exceptional price-performance ratio. It not only upgraded its processor but also added IP68 waterproof functionality and Xiaomi's self-developed four chips, making it a true "more for less" proposition...
Mobile Internet 2024-08-04 00:06:59 -
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