On May 21, the Nasdaq China Golden Dragon Index saw an expanded decline, currently down 2.84%, with the latest reading at 6,568 points.
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Nasdaq China Golden Dragon Index Drops Nearly 3%
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Report: Bitcoin Shows Signs of Repeating 2022 Trading Patterns
On May 21, CryptoQuant stated in a report that Bitcoin's recent price movements resemble those from over four years ago. CryptoQuant noted that Bitcoin's recent rise to around $82,000 is similar to a surge seen back in early 2022, when Bitcoin started at approximately $44,000 and climbed to over $72,000, the then historical high, by March of that year. Subsequently, Bitcoin fell back to around $16,000 before gradually recovering, reaching a near historical high of nearly $125,000 last October. CryptoQuant believes a similar situation may occur now. 'As stagnant stablecoin liquidity and negative price momentum simultaneously erode comprehensive signals, CryptoQuant's bullish score index has fallen from 40 to 20, entering an extremely bearish zone,' CryptoQuant stated. -
U.S. Stock Indices Open Lower
On May 21, U.S. stock markets opened with the Dow Jones down 0.27%, the S&P 500 down 0.39%, and the Nasdaq down 0.5%. Microsoft (MSFT.O) rose 1.1% amid reports that Anthropic is in talks to use its artificial intelligence chips. U.S. Rare Earths (USAR.O) increased by 2.7% as the company was selected for a pilot rare earth processing project by the U.S. Department of Energy. IBM (IBM.N) saw a 3% rise, as the company is set to receive $1 billion in government funding to advance quantum computing. NIO Inc. (NIO.N) surged 5%, reporting a 112.2% year-over-year increase in revenue for the first quarter. -
U.S. Stock Indices Open Lower
On May 21, U.S. stocks opened with the Dow Jones down 0.27%, the S&P 500 down 0.39%, and the Nasdaq down 0.5%. Microsoft (MSFT.O) rose 1.1% amid reports that Anthropic is in talks to use its artificial intelligence chips. U.S. Rare Earths (USAR.O) increased by 2.7% after being selected for a pilot rare earth processing project by the U.S. Department of Energy. IBM (IBM.N) saw a 3% rise as the company is set to receive $1 billion in U.S. government funding to advance quantum computing development. NIO Inc. (NIO.N) rose by 5%, reporting a 112.2% year-on-year increase in revenue for the first quarter. -
BTC Falls Below $77,000
Market data shows that BTC has fallen below $77,000, currently priced at $76,976.12, with a 24-hour decline of 0.06%. The market is experiencing significant volatility, so please ensure proper risk management. -
Anthropic in Talks to Lease Microsoft AI Chips
On May 21, according to two executives who spoke with individuals involved in the discussions, Anthropic is in talks to lease AI server chips designed by Microsoft in order to seek higher computing power to meet its growing AI demands. -
Putin: Use of Nuclear Weapons Only as a Last Resort
On May 21, Russian President Putin stated that given the increasingly tense global situation, the country's nuclear triad must serve as a reliable guarantee of the sovereignty of Russia and Belarus. The use of nuclear weapons is only a last resort. (Dongxin News Agency) -
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Initial Jobless Claims in the U.S. for the Week Ending May 16 at 209,000, Slightly Below Expectations
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Market News: Turkey Nearly Liquidated All Its U.S. Treasury Holdings in March
Market news: Turkey nearly liquidated all its U.S. Treasury holdings in March. (Jin Shi)
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