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Citigroup is considering offering custody services for stablecoin and crypto ETF collateral, exploring stablecoins as a viable option to improve payment systems.
Share link:In this post: Tesla’s sales in Norway have surged despite growing discontent among Norwegians regarding Elon Musk’s political stance. SpaceX’s BTC holdings have crossed the $1 billion mark again. Tesla’s deep ties in Norway influence its consistent sales numbers, but it is slowly losing its dominance as more rivals make headway.
Share link:In this post: Elon Musk says Google currently has the highest probability of leading AI due to its compute and data advantage. Google will invest $9 billion in Oklahoma to expand AI and cloud infrastructure over the next two years. The plan includes a new Stillwater data center campus and expansion of its Pryor facility.
Share link:In this post: Hon Hai Precision Industry (Foxconn) reported a 27% increase in Q2 profits, driven by sales in its AI server business. The company reported a net income of NT$44.36 billion for the period, surpassing an average analyst projection of NT$36.14 billion. It also expects significant growth in Q3 and the rest of the year.
Share link:In this post: US PPI jumped 3.3% in July, the highest annual gain since February. Monthly PPI rose 0.9%, blowing past the 0.2% forecast. Service costs surged, led by machinery wholesaling and portfolio fees.
Share link:In this post: The EU is preparing a 19th sanctions package against Russia, targeting next month for adoption. Trump will meet Putin in Alaska without Zelenskyy, raising concern among European and Ukrainian officials. Trump warned of “very severe consequences” if Putin refuses to pursue a ceasefire.
- 08:23Ethereum treasury company ETHZilla discloses ETH holdings increased to 102,916; Q3 financial report to be released on November 14ChainCatcher news, Ethereum treasury company ETHZilla has published an ETH holding update on the X platform. As of this week, the company's ETH holdings have increased to 102,916, valued at approximately $394 million, with an mNAV of 0.62. In addition, the company announced that it will release its financial results for the third quarter of 2025 before the opening of the U.S. stock market on November 14.
- 08:07Data: Hyperliquid platform whales currently hold $6.188 billions, with a long-short ratio of 0.87According to ChainCatcher, citing Coinglass data, whales on the Hyperliquid platform currently hold positions totaling $6.188 billions, with long positions at $2.873 billions, accounting for 46.43% of the total, and short positions at $3.315 billions, accounting for 53.57%. The profit and loss for long positions is -$6.8126 millions, while for short positions it is -$3.454 millions. Among them, whale address 0x5b5d..60 is holding a 10x full position short on ETH at the price of $3,453.36, with an unrealized profit and loss of -$24.2251 millions.
- 08:07Trump Says Cryptocurrency May Solve the $35 Trillion U.S. Debt ProblemJinse Finance reported that Trump stated in a private meeting that cryptocurrency has a "great future," and hinted that the United States might be able to use cryptocurrency to solve its $35 trillion debt problem. According to a leaked video, Trump said: "I would write on a little piece of paper: $35 trillion in cryptocurrency, we have no debt, that's what I like to do." It is worth noting that this is not the first time Trump has suggested using digital assets to eliminate the ever-growing U.S. debt. He has repeatedly stated publicly that bitcoin could be used to "save America."