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Federal Reserve Governor Waller stated he voted against at the last meeting, supporting a 25 basis point rate cut, believing that the current policy is still excessively restraining economic activity.
The bitcoin-friendly nation's central bank now holds over $360 million of the yellow metal, while the government, led by President Nayib Bukele, has bitcoin holdings worth $635 million.
the market shows BTC breaking through $82,000, currently at $82,010.38, with a 24-hour decline of 7.1%. The market is highly volatile, please manage your risk accordingly.
the market shows BTC falling below $82,000, currently at $81,939.98, with a 24-hour decline of 7.77%. The market is highly volatile, please manage your risk accordingly.
the market shows ETH falling below $2700, currently at $2690, with a 24-hour drop of 10.25%. The market is highly volatile, please manage your risk accordingly.
three major US stock indexes opened with mixed changes: the Dow Jones Industrial Average rose 0.08%, the S&P 500 rose 0.18%, and the Nasdaq Composite fell 0.12%. After the earnings reports released in the previous trading session, the stock prices of Microsoft, Tesla, Meta, and IBM fell 8.7%, rose 1.5%, rose 10.6%, and rose 6.8%, respectively.
an insider revealed Alibaba is considering increasing its investment in AI infrastructure and cloud computing over the next three years from 380 billion yuan to 480 billion yuan. Domestically, Alibaba has its self-developed chip, the Zhenwu 810E; overseas, it is also "using trucks to transport purchased GPUs," said an insider. At the most aggressive stage, "even consumer-grade graphics cards like the RTX4090 were bought in large quantities to build inference clusters and supplement inference throughput." (LatePost)
according to market news: Russia will launch a cryptocurrency regulatory framework in July this year, allowing individual investors to participate in trading.
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