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Share link:In this post: Nasdaq closed at 21,450.02, a new record, after gaining 0.98% Friday. S&P 500 rose 0.78% and Dow added 0.47%, both ending the week higher. Apple surged 13% this week after announcing a $600B U.S. investment plan.
Share link:In this post: In the first half of 2025, China nearly overtook the United States as Germany’s largest trading partner due to tariff disruptions. This shift indicates a broader trend in global trade, where China is increasingly becoming a dominant player in the European market, challenging U.S. influence. The World Trade Organization has warned that global trade will be significantly affected if rising tensions are not resolved.
BlackRock has confirmed it has “no plans at this time” to launch spot ETFs for XRP or Solana, despite Ripple’s legal victory. The decision has fueled industry debate, with some analysts calling it a prudent focus on Bitcoin and Ethereum, and others warning it could be a costly oversight.
Ethereum’s native asset crossed the $4,000 level for the first time in eight months, reaching an intraday high of $4,055. This key psychological milestone brings the cryptocurrency within approximately $900 of its all-time high of $4,867, set in November 2021. Institutions and ETFs Fuel Price Surge ETH has seen a significant rally, climbing over 44.5% … <a href="https://beincrypto.com/ethereum-breaks-4000-altcoin-season-to-come/">Continued</a>
- 22:08VivoPower adopts a mining token swap strategy to acquire XRP at a low costJinse Finance reported that XRP reserve company VivoPower stated its mining division, Caret Digital, will expand its mining machine scale and exchange mined tokens for XRP through "bulk" discounts. The company said this strategy allows it to acquire XRP at approximately a 65% discount. Previously, VivoPower had already deployed XRP through private placements, Ripple equity acquisitions, and yield programs, and further integrated its electric vehicle business Tembo with XRP stablecoin RLUSD payments, while investing 30 million USD worth of XRP into institutional yield programs to achieve reinvestment of returns. The company's stock price fell slightly by 0.5% on Tuesday, with a market capitalization of about 50 million USD.
- 22:00US tech giants pledge to invest over $40 billions in the UKJinse Finance reported that several major U.S. technology companies have announced plans to invest over $40 billions to expand the UK's AI infrastructure, which is a significant boon for the UK as the country welcomes Trump's state visit. Microsoft (MSFT.O) stated on Tuesday that it will invest $30 billions in the UK's AI infrastructure and existing operations by 2028, marking the company's largest financial commitment in the UK. Google (GOOG.O) announced that it will invest approximately $6.8 billions in the UK over the next two years for AI, R&D, and related engineering. Meanwhile, Nvidia (NVDA.O), OpenAI, and UK-based Nscale are joining forces to build AI infrastructure in the UK to meet OpenAI's computing power needs. The project, known as "Stargate (UK)", is expected to be located in the northeast of the UK and will utilize tens of thousands of Nvidia's Grace Blackwell Ultra GPUs. Among other investments, AI cloud computing company CoreWeave plans to invest about $2.04 billions in the UK for AI data center capacity and operations. Salesforce announced that it will reinvest an additional $2 billions in its UK business by 2030, while BlackRock will invest £500 millions in data centers across the UK.
- 21:57An address dormant for 11.7 years transfers 98.99 BTCAccording to Jinse Finance, Whale Alert has monitored that a dormant address containing 1,000 BTC ($116,835,712) was just activated after 11.7 years, transferring 98.99 BTC.