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.

 according to official news, Binance Alpha will become the first platform to list Kindred Labs (KIN) on January 30. Eligible retail investors can claim the airdrop using Binance Alpha points through the Alpha Events page after trading opens. More detailed information will be announced later.

 Trump posted to celebrate the S&P 500 index breaking through the 7000-point mark for the first time, "A historic first! The US economy is making a strong comeback!!!"

 the market shows BTC fell below $89,000, currently at $88,987.07, with a 24-hour increase of 0.3%. The market is highly volatile, please manage your risk accordingly.

Banks pay lower interest rates on regular customers’ savings accounts because those deposits are insured by the Federal Deposit Insurance Corporation, or FDIC.

NFT marketplace Nifty Gateway announced on Saturday that it was shutting down, and has now been followed by Rodeo, which only launched on iOS in March last year.

 Hong Kong Securities and Futures Commission and the United Arab Emirates (UAE) Securities and Commodities Authority signed a memorandum of understanding today to strengthen cross-border regulatory cooperation on digital asset-related matters. This landmark memorandum of understanding is the first agreement signed between the Hong Kong Securities and Futures Commission and overseas regulators on regulatory cooperation for regulated digital asset entities. The memorandum establishes a framework to enhance regulatory cooperation, including mutual consultation and information exchange on the regulation of cross-border regulated digital asset entities, fully reflecting the Commission's commitment to promoting international cooperation according to its ASPIRe roadmap.

The publicly traded Ether treasury has more than 2 million ETH staked, with total holdings of more than 4.2 million, or 3.5% of the outstanding supply.

 according to TraderT monitoring, the US spot Ethereum ETF had a net inflow of $117 million yesterday.