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BlackRock and Ethereum led the surge in crypto inflows, with Ethereum bringing in $2.87 billion last week.
Ethereum prices slipped after hitting a near record last week, with analysts warning that a surge of unstaked coins could weigh on the market later this month. The cryptocurrency rose from $3,698 at the start of August to $4,788 last Thursday, its highest level in four years. But as of 9 am UTC on Monday, … <a href="https://beincrypto.com/what-if-ethereum-unstaking-surge-does-it-lead-to-sell-bomb/">Continued</a>
Henan Province declined creating local cryptocurrency seizure rules, reflecting consequences of China's crypto ban. While Beijing developed Hong Kong exchange workarounds, Henan urges unified national regulations for consistency.
Chainlink price outperforms the market as whales accumulate over $27 million in LINK, but rising exchange reserves suggest a short-term pause might be coming.
Chainlink’s price rally highlights whale accumulation and institutional adoption, setting it apart from rivals like PYTH. While the oracle sector trends upward, LINK remains the clear leader with momentum driven by unique fundamentals.
BTC trades at $115,448, with indicators suggesting a rally to $127,000 for new investors before major profit-taking occurs.
Gold (XAU/USD) failed to stage a meaningful rebound following a bearish start to the week as markets reacted to easing geopolitical tensions and mixed macroeconomic data releases from the United States (US). Activity-related data from the US and comments from the Federal Reserve (Fed) officials could drive XAU/USD’s action in the near term. Gold Declines Sharply … <a href="https://beincrypto.com/gold-forecast-easing-tensions-mixed-data/">Continued</a>
- 20:34Oracle in Talks with Meta for $20 Billion AI Cloud Computing PartnershipJinse Finance reported that Oracle (ORCL.N) is in negotiations with Meta Platforms (META.O) over a cloud computing deal valued at approximately $20 billion, further indicating that Oracle has become a significant infrastructure provider. According to sources familiar with the matter, under this multi-year agreement, Oracle will provide computing power to the social media giant for training and deploying artificial intelligence models. The sources said that the total committed amount could increase, and other terms of the deal may change before a final agreement is reached. This contract would further enhance Oracle's cloud infrastructure business. Last week, the company reported a significant increase in bookings, pushing its stock price to a record high.
- 20:10All three major U.S. stock indexes closed higher, reaching new record highs.Jinse Finance reported that all three major U.S. stock indexes closed higher and reached new closing highs. The Dow Jones closed up 0.38%, the Nasdaq closed up 0.72%, and the S&P 500 closed up 0.49%. This week, the S&P 500 rose by 1.22%, the Nasdaq rose by 2.21%, and the Dow Jones rose by 1.05%. Major technology stocks generally rose, with Oracle up more than 4%, Apple up more than 3%, and Tesla up more than 2%. Intel, which surged 22% yesterday, closed down 3% today.
- 19:46Securities fund managers increased their net long positions in the S&P 500 to 891,634 contracts.ChainCatcher news, according to Golden Ten Data, data from the U.S. Commodity Futures Trading Commission (CFTC) shows that as of the week ending September 16, securities fund managers increased their net long positions in the S&P 500 Index CME by 9,074 contracts, reaching 891,634 contracts. Meanwhile, securities fund speculators increased their net short positions in the S&P 500 Index CME by 55,766 contracts, reaching 475,397 contracts.