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- 13:53Institutions have purchased 690,710 bitcoins this year, while only 109,072 bitcoins have been mined during the same period.According to a report by Jinse Finance, a chart released by Bitcoin Archive shows that institutions have purchased 690,710 bitcoins (BTC) this year, while only 109,072 bitcoins (BTC) have been mined during the same period—data source: Bitwise. This means that demand is six times greater than supply.
- 13:43Insider: Alibaba is developing a new AI chip, which is currently being testedJinse Finance reported that Alibaba has developed a new AI chip to fill the gap left by Nvidia in the Chinese market. According to sources, this new chip is currently being tested and is designed to serve a broader range of AI inference tasks, and is also compatible with Nvidia. The new chip is no longer manufactured by TSMC, but instead is being produced by a domestic company. (36Kr)
- 13:38Tokenized alternative funds increased by 47% in 30 days, reaching $1.7 billion.According to Jinse Finance, data from the RWA tokenization tracker RWA.xyz shows that tokenized Institutional Alternative Funds (IAF) have surged by 47% in the past 30 days, reaching a total market capitalization of $1.74 billion. The data indicates that, except for Libre Capital, all protocols have experienced growth over the past 30 days. Centrifuge led the way, with its market cap increasing by 252% to $704 million. This gives it a 40.4% market share in the IAF market. Following closely is Securitize, whose 14 tokenized IAFs collectively hold $652 million, accounting for 37.5% of the market share. Other notable protocols include Superstate (holding $206 million) and OnRe (with a fund value of $102 million).