Michael Saylor meets with the Chairman of the U.S. House Financial Services Committee to discuss digital assets
Strategy (formerly MicroStrategy) founder Michael Saylor posted on social media, "On Tuesday, I had the opportunity to meet with members of the U.S. House Financial Services Committee and its chairman French Hill to discuss digital assets and how to make the United States a global leader in Bitcoin and cryptocurrencies."
2025-02-28 09:58:50Generate picture
Bitcoin price drops as Trump confirms new US trade tariffs
Bitcoin (BTC) dropped to $85,000 on Feb. 27 as markets reacted to news of new US trade tariffs. The BTC/USD 1-hour chart showed a sell-off as Trump confirmed the tariffs would proceed. The S&P 500 and Nasdaq Composite Index opened lower, while the US dollar index (DXY) rose 0.6%, erasing previous losses. The Kobeissi Letter noted that smaller investors were exiting, leading to record outflows from US spot Bitcoin ETFs. Traders are now looking for potential reversal areas for BTC/USD, with a focus on closing the CME Group's Bitcoin futures market gap.
2025-02-28 09:58:48Generate picture
Whales bought over 130 million ADA in the past 72 hours
On-chain analyst Ali posted on X, stating that in the past 72 hours, whales have bought over 130 million ADA.
2025-02-28 09:58:47Generate picture
DeepSeek open-sources and releases 3FS, a high-speed parallel file system that optimizes AI data access
On the fifth day of Open Source Week, its Fire-Flyer file system (3FS) was officially open sourced. As a high-performance parallel file system, 3FS can fully utilize modern SSDs and RDMA networks to achieve high-speed data access, improving the efficiency of AI model training and inference.
2025-02-28 09:58:45Generate picture
El Salvador passes groundbreaking AI bill, providing regulatory clarity and certainty for AI industry
According to the Bitcoin Office of El Salvador, in order to align with President Bukele's economic freedom policy, the government of El Salvador has passed a groundbreaking artificial intelligence law aimed at providing regulatory clarity and certainty for the AI industry, specifically covering the development and innovation of open-source models.
2025-02-28 09:58:44Generate picture
Sonic SVM announced that the mainnet Mobius has been officially launched and launched a mainnet reward plan with a total of 2.4 million SONIC
According to Sonic SVM announcement, the Layer 2 extension network Mobius mainnet based on the Solana Virtual Machine (SVM) has officially launched, aiming to enhance Solana's scalability and provide a dedicated computing layer for high-frequency applications such as DeFi and GameFi. In addition, Sonic SVM has launched a mainnet reward program with a total of 2.4 million SONIC tokens, as well as a $1 million hackathon, to encourage developers to deploy applications on Mobius. The first season of Mobius activities has now begun and will continue until April 10th, allowing developers and users to enter the Sonic SVM ecosystem, experience on-chain games and DeFi applications, and earn rewards.
2025-02-28 09:58:42Generate picture
OpenAI's GPT-4.5: Enhanced Creativity and Natural Conversational Style, But at a Cost
OpenAI's upcoming model, GPT-4.5, is expected to be up to 20 times more expensive than its predecessor but is anticipated to be more creative and have a more "natural" conversational style, according to OpenAI and early testers. The new model is said to have a broader knowledge base, improved emotional intelligence (EQ), and the ability to make creative insights without the need for reasoning. Despite its enhanced creativity and conversational style, GPT-4.5 may not excel in detailed step-by-step logic compared to OpenAI's o-series models. Additionally, the model may be slower due to its size and does not produce multimodal output like audio or video.
2025-02-28 09:58:40Generate picture
A whale was liquidated for long Bitcoin with 50x leverage on HyperLiquid, losing $10.39 million
According to Onchain Lens monitoring, a whale's 50x leverage Bitcoin long position on HyperLiquid was liquidated 11 hours ago, resulting in the investor losing $10.39 million after holding the position for 2.5 months.
2025-02-27 15:48:06Generate picture
Nvidia Beats Wall Street Expectations with Nearly 80% Jump in Revenue
Nvidia, a leading chip manufacturer, exceeded expectations on Wall Street with its latest earnings, showing an almost 80% increase in revenue year-over-year driven by sales of its AI-focused microchips. In its earnings report for the fourth quarter of the 2025 fiscal year, Nvidia reported revenues of $39.3 billion, up 12% from the previous quarter and 78% from the same quarter a year ago. Despite Wall Street estimates predicting lower revenue, Nvidia's earnings per share of 89 cents surpassed expectations of 84 cents. CEO Jensen Huang credited the strong performance to high demand for the microchip Blackwell, designed for AI, machine learning, and high-performance computing. The company's data center revenue, which accounted for over 90% of total revenues, reached $35.6 billion, marking a 93% increase from the previous year.
2025-02-27 15:48:04Generate picture
ZKP identity verification protocol Self Protocol acquires OpenPassport
ZKP identity verification protocol Self Protocol announced the acquisition of OpenPassport, which is a decentralized identity platform that was previously supported by the Ethereum Foundation. The specific acquisition amount has not been disclosed yet. After the transaction is completed, Self Protocol will launch the Self APP on the Apple and Google app stores.
2025-02-27 15:47:59Generate picture
Cobo announces the launch of Safe{Wallet} co-signing service
Cobo, a provider of digital asset custody and wallet technology, announced the launch of the Safe{Wallet} co-signing service, allowing users to independently parse and risk-control Safe multi-signature transactions within the custody address, further enhancing transaction security.
2025-02-27 15:47:57Generate picture
U.S. Treasury investors expect the Fed's policy to shift, and the 10-year Treasury yield may fall below 4%
US bond investors are starting to bet that the focus of the Fed's policy will shift from suppressing inflation to addressing economic growth slowdown. In this expectation, US bonds have risen for six consecutive trading days, with yields falling to the lowest level of the year.
2025-02-27 15:47:56Generate picture
Ripple Partners with South Korea’s BDACS to Launch Institutional-Grade Custody Services for XRP and RLUSD
Ripple announced a strategic partnership with the South Korean digital asset company BDACS to provide institutional custody services for XRP and RLUSD. Ripple today announced this partnership and noted that it aligns with the regulatory approval roadmap of the Financial Services Commission (FSC) of South Korea. The roadmap aims to support institutional participation in South Korea's digital asset market.
2025-02-27 15:47:54Generate picture
Coinbase: Some users may experience delays or performance degradation when using cryptocurrency-backed loans
Coinbase (COIN.O) said it has noticed that some users may experience delays or performance degradation when using cryptocurrency-backed loans.
2025-02-27 15:47:52Generate picture
Alchemy launches Web3 fund Everyone Onchain Fund with an initial scale of US$5 million
Alchemy, a provider of cryptographic payment solutions, announced the launch of the Web3 fund Everyone Onchain Fund, with an initial size of $5 million, aimed at providing necessary resources for developers based on Alchemy Rollups and Account Kit to deploy Rollups and onboard users, currently mainly supporting projects built in the OP Stack and Arbitrum Orbit ecosystems.
2025-02-27 15:47:49Generate picture
32,000 ETH transferred to Binance, worth more than $75.28 million
According to Whale Alert monitoring, about 32,000 Ethereum (ETH) were transferred from an unknown wallet to Binance at 15:01, with a total transaction value of approximately $75.287 million.
2025-02-27 15:47:47Generate picture
U.S. stocks opened, Strategy fell 1.53%, Coinbase rose slightly by 0.071%
The US stock market opened, the Dow fell 0.03%, the S&P 500 index rose 0.32%, the Nasdaq rose 0.4%, Strategy fell 1.53%, and Coinbase rose slightly by 0.071%.
2025-02-27 11:26:44Generate picture
Grayscale transfers more than 11,800 ETH to Coinbase Prime hot wallet address
According to Arkham monitoring, about 30 minutes ago, Grayscale transferred 11,800.171 ETH worth $28.18 million from its Coinbase Prime Deposit address to Coinbase Prime hot wallet address.
2025-02-27 11:26:42Generate picture
BTC breaks through $88,000
The market shows BTC breaking through $88,000, now at $88,008.4, with a 24-hour increase of 1.35%. The market is fluctuating greatly, please manage risk control.
2025-02-27 11:26:40Generate picture
Analyst: Bitcoin indicators have all entered the adjustment range, and it may take more time to clarify the bottom
Julio Moreno, the research director of CryptoQuant, posted on social media that it cannot be said that the price of Bitcoin has bottomed out now, as all valuation indicators have entered the adjustment range, and this process may require more time.
2025-02-27 11:26:38Generate picture
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