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WTI crude oil fell 13.17% intraday, the first time since April 21
Svmuureports that according to Gate data, WTI crude oil has fallen below $90 per barrel for the first time since April 21, with an intraday decline of 13.17%.
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Spot silver rose 6.87% intraday, now at $77.79/oz
Svmuu reported that according to Gate data, spot silver rose $5.00 intraday, now at $77.79 per ounce, an increase of 6.87%.
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CryptoQuant: $93,000 is the Key Upside Target for BTC
Svmuu reports that a CryptoQuant analyst stated, "$93,000 is the key upside target for Bitcoin. CME gaps are not guarantees but signals. They represent areas where positioning, liquidity, and market p
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Spot gold breaks through $4,710 per ounce, up 3.38% intraday
Svmuu News Gate data shows that spot gold has broken through $4,710 per ounce, up 3.38% intraday.
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WTI crude oil fell 10.00% intraday, now at $93.25 per barrel
According to Gate data, WTI crude oil fell 10.00% intraday, now at $93.25 per barrel.
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pension-usdt.eth’s unrealized loss on 3x short BTC and ETH positions exceeds $19.6 million
Svmuu reported, according to Onchain Lens monitoring, with the market continuing to rise, the unrealized loss on the 3x short BTC and ETH positions held by pension-usdt.eth (0x0dd...a902) has exceeded
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SpaceX plans to invest $55 billion to build Terafab chip factory in Texas
Svmuu reported that Elon Musk's SpaceX has proposed investing $55 billion to start construction of a new semiconductor production facility in Texas, advancing its ambitious "Terafab" project. Accordin
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US and Brent crude oil prices plunged, with WTI crude oil falling 8.00% intraday
According to Svmuu, Gate data shows that WTI crude oil fell 8.00% intraday, now reported at $95.33 per barrel. Brent crude oil has dropped below $101 per barrel, reaching a new low since April 27, wit
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WTI crude oil falls below $96 per barrel, down 7.37% intraday
Svmuu reported that according to Gate data, WTI crude oil has fallen below $96 per barrel, down 7.37% intraday.
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Gate Prediction Market: MegaETH's First-Day FDV Mainstream Expectation Ranges Between $1.5 Billion and $2 Billion
SvmuuNews According to Gate's prediction market data, in the event related to "MegaETH market cap (FDV) one day after launch?", the market expects its valuation to exceed $1.5 billion but finds it dif
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US media: US and Iran close to reaching agreement on memorandum of understanding to end war
According to an Axios report, citing two U.S. officials and sources, the White House believes it is close to reaching an agreement with Iran on a one-page memorandum of understanding aimed at ending t
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Moon's Dark Side is about to complete a new round of $2 billion in financing, with a post-investment valuation exceeding $20 billion
According to a report from Svmuu, "LatePost" exclusively learned that Kimi (Moon's Dark Side) is about to complete a new round of $2 billion in financing, with a post-investment valuation exceeding $2
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US gasoline prices hit $4.50, approaching record highs
According to Svmuu, ongoing conflicts in the Middle East are adding further pressure. The American Automobile Association reported that the national average price for regular unleaded gasoline rose to
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Short-term losses in both WTI and Brent crude have widened, with WTI crude plunging 4.00% intraday
Svmuu News: According to Gate data, both WTI and Brent crude oil prices have extended their short-term declines. WTI crude has plummeted 4.00% intraday and is currently trading at $99.48 per barrel. B
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The U.S. and Brent crude both fell $1 in the short term, now trading at $100.24/barrel and $105.4/barrel respectively
Svmuu News Gate data shows that the U.S. and Brent crude both fell $1 in the short term, now trading at $100.24/barrel and $105.4/barrel respectively.
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Law enforcement freezes $41 million; domain for BG Wealth Sharing’s $150 million crypto Ponzi scheme seized
Svmuu News: The domain name for BG Wealth Sharing, which is suspected of being involved in a $150 million crypto Ponzi scheme, has been seized by U.S. law enforcement.On-chain investigator ZachXBT rev
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Foreign Media: DeepSeek's Valuation Approaches $45 Billion
Svmuu News According to Reuters citing the Financial Times, China's national semiconductor investment fund, namely the National Integrated Circuit Industry Investment Fund, is in talks to lead the fir
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Federal Reserve's Treasury holdings rise to $4.4 trillion, highest since July 2024
Svmuureports that the Federal Reserve's Treasury holdings have increased to $4.4 trillion, the highest level since July 2024. The Fed's total balance sheet assets stand at $6.7 trillion. (Cointelegrap
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Gate Releases April CandyDrop Data: Over 120,000 Participants
Svmuureported on April 18 that official data shows Gate's CandyDrop sector performed actively in April. A total of 7 projects were launched during the month, with over 120,000 participants. Among them
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Spot gold rose above $4,660 per ounce, up 2.28% in a day
Svmuu reports that according to Gate data, spot gold has risen above $4,660 per ounce, up 2.28% in a day.
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Svmuu Noon News
1. 10xResearch: Most traders remain on the sidelines, early BTC bulls already ahead by about 10%; 2. Storage sector tokens see a broad rally, STORJ surges over 43%; 3. Bitcoin Core developer discloses
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Storage sector tokens see broad gains, STORJ surges over 43%
Svmuu reports that according to OKX market data, possibly driven by gains in related U.S. stock sectors, tokens in the storage sector have collectively risen. Among them, STORJ surged over 43%, now tr
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WIF briefly touched 0.26 USDT, surging over 28% in 5 minutes
Svmuu reports, OKX market data shows that, possibly influenced by the news of Upbit listing WIF in KRW, BTC, and USDT trading pairs, WIF briefly touched 0.26 USDT, is now reported at 0.25 USDT, with a
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A whale has opened a 2x long position on approximately $8 million worth of SOL, while also holding a long position of about $14 million on ETH
SvmuuNews According to Onchain Lens monitoring, a whale that had been dormant for 3 months deposited approximately $4.1 million USDC into HyperLiquid and subsequently opened a long position on 92,161
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South Korean drugmaker Boryung secures $277 million anti-cancer drug supply deal with China's Yifan Pharmaceutical
The seven-year agreement for the original cancer drug Taxotere marks Boryung's largest supply contract to date and its first major deal since acquiring Taxotere's global business from Sanofi in Septem
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USD/KRW fell 1.49% intraday, now trading at 1,355.0136.
USD/KRW fell 1.49% intraday, now trading at 1,355.0136.
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Arthur Hayes: AI Bubble Burst May Lead Governments to Print Money, Benefiting Bitcoin
Wu Blockchain has reposted BitMEX co-founder Arthur Hayes' latest article, "Safety First," in which Hayes suggests that the slowdown in AGI (Artificial General Intelligence) development by U.S. AI lab
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Samsung C&T to invest up to $100 million in Kairos Power partnership for next-gen SMRs
Samsung C&T has agreed to invest up to $100 million to partner with Kairos Power to strengthen its foothold in the US next-generation small modular reactor sector, looking to expand its presence in th
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Hanwha Aerospace invests $2.2b in US ammunition hub
Hanwha Aerospace's US subsidiary, Hanwha Defense USA, held an opening ceremony for its local office on Tuesday at Pine Bluff Arsenal in Arkansas, marking the first step toward developing the ammunitio
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USD/KRW fell 1.09% intraday, now at 1,360.5442.
USD/KRW fell 1.09% intraday, now at 1,360.5442.
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Kolon Industries Ramps Up Advanced Materials for AI, Autos, Medical Markets, Targeting $145M Sales from Modified Polyphenylene Oxide
The chemical company has added production capacity and commercialized new materials in the second half of this year, while also carrying out operational excellence and AI transformation projects. It p
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U.S. Treasury Secretary Scott Bessent champions the dollar's dominance in global markets and stablecoins, refuting pessimistic assessments of the U.S. economy.
Scott Bessent highlighted the strong growth of the U.S. economy, foreign demand for U.S. assets, and the continued dominance of the dollar to counter the New York Times report's assessment of structur
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Bernstein cuts its 2030 gold target to $5,600/oz from $6,100, reflecting expectations for higher interest rates, but remains firmly bullish
The firm says gold can continue rising despite higher real yields, with central-bank diversification away from the U.S. dollar remaining the key structural driver.
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Korea Zinc's $7.4 billion "Project Crucible" passes key US environmental review, accelerating Tennessee mineral smelter plans.
Korea Zinc said on Monday that the U.S. Department of Defense has completed the final environmental assessment for the project under the National Environmental Policy Act, officially determining that
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Abu Dhabi's Eagle Hills plans $12 billion integrated project in Maldives
Abu Dhabi-based real estate firm Eagle Hills is planning a $12 billion integrated development in the Maldives, targeting a 5.2 million square meter island located approximately 20 minutes from the cap
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Seoul stocks rise 1.65% on chip gains despite Middle East tensions
Seoul stocks rose Monday as investors scooped up semiconductor shares, offsetting concerns over renewed tensions in the Middle East and elevated oil prices. The benchmark Korea Composite Stock Price I
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The Korean won significantly weakened against the US dollar on Monday, once again approaching the 1,400 mark.
The Korean won significantly weakened against the U.S. dollar on Monday, once again approaching the 1,400 mark, according to The Korea Herald. The won had briefly strengthened to the 1,330 range but q
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The FTSE 100 is poised for a rebound, with the pound remaining below $1.34.
The FTSE 100 is poised for a rebound, with the pound remaining below $1.34.
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Oil declines in early Asian trade, with WTI down 0.5% at $99.76 and Brent 0.3% lower at $103.54, as concerns over extended supply disruptions from Saudi Arabia ease.
ANZ Research analysts noted that initial concerns over extended disruptions to pipeline flows from Saudi Arabia are easing. Saudi Arabia expects its East-West pipeline to return to about half its capa
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US equity futures edged higher, and the dollar held steady ahead of US-China talks.
U.S. equity index futures edged higher, with S&P 500 futures up 0.2% in early trading, ahead of the September 20 meeting in New York between Chinese Vice Premier He Lifeng and U.S. Treasury Secretary
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Emerging market investors are favoring local currency sovereign bonds, as surging U.S. Treasury yields diminish the appeal of dollar-denominated debt.
Emerging market investors are favoring local currency sovereign bonds, as surging U.S. Treasury yields diminish the appeal of dollar-denominated debt.
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CNBC: Latin America's investment prospects are the best in decades, with regional stock markets up 15% year-to-date, outperforming the S&P 500.
CNBC contributor Caruso-Cabrera stated that the region's stock markets, as measured by the iShares Latin America 40 ETF (ILF), have risen 15% year-to-date, outperforming the S&P 500's 11% gain. Ernest
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Financial Times: Saudi Arabia Exits China-Led Cross-Border Currency Platform
Saudi Arabia has withdrawn from a China-led cross-border currency platform. According to the Financial Times, the Saudi central bank exited the project last year, which was one of China's efforts to d
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The dollar had its strongest week since June after the Federal Reserve's rate hike, with the Bloomberg Dollar Spot Index rising 1.1% this week.
The Federal Reserve announced its first interest rate hike in over three years this week, explicitly signaling more to come, which has become a core driver of dollar strength. JPMorgan Chase, Standard
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Japan's Prodrone plans to invest $20 million to mass produce 58,000 drones annually
The drone developer aims to build a mass production facility in Aichi prefecture, bringing Japanese-made units to a home market currently dominated by imports.
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Dollar surges to its best weekly performance since June, driven by US central bank's signal for more rate hikes
The dollar is poised for its best weekly performance in three months after the US central bank signaled more interest-rate hikes are to come.
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The Bank of Japan reportedly conducted a rate check, with the Japanese Yen narrowing its intraday loss against the US Dollar to approximately 0.5%, trading back below 156.80.
Japanese media reported that the Bank of Japan (BOJ) inquired about exchange rate levels from market participants in the foreign exchange market late Friday morning ET during the US stock trading sess
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The Japanese Yen surged above the 156 range against the US Dollar after the Bank of Japan conducted a rate check.
The Japanese yen surged by over 1 yen against the US dollar from late Friday night to early Saturday morning Japan time, reaching above the 156 level. The market typically interprets the Bank of Japan
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Why is Bitcoin thriving but struggling to replace the US dollar's global dominance?
Bitcoin, as a decentralized digital asset, thrives on its scarcity, anti-inflationary potential, global payment efficiency, and increasing institutional adoption. However, its extreme price volatility, deflationary risks stemming from a fixed money supply, limited transaction processing capacity, and the strong control governments exert over fiat currencies make it difficult for Bitcoin to challenge the U.S. dollar's status as the global reserve currency and primary medium of exchange. The U.S. dollar, backed by its deep network externalities and central bank support, continues to hold an unshakeable central position in the global financial system.
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How to Buy USDT with USD on Major Global Platforms? An Analysis of the Regulatory Landscape in Mainland China
This article aims to analyze the mainstream cryptocurrency exchanges that support USD purchases of USDT globally and clarify the latest regulatory policies regarding virtual currency trading in mainland China. Given that mainland China has completely banned virtual currency transactions, there are no legal and compliant trading platforms within its borders. For global users, well-known platforms such as Coinbase, Kraken, Binance, and OKX offer various methods for USD deposits and USDT purchases, but users must comply with the regulations of their respective jurisdictions and complete necessary identity verification.
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Gold, USD, and Bitcoin: The Battle for Safe Haven and Store of Value
In a global market characterized by economic uncertainty and inflationary pressures, the performance and positioning of gold, the US dollar, and Bitcoin as primary stores of value and safe-haven assets are under close scrutiny. This article delves into the similarities and differences among these three in terms of scarcity, stability, volatility, and market correlation. Combining the latest market dynamics of 2026, it explores their respective advantages and challenges and summarizes expert views on diversified asset allocation.
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Why is Bitcoin thriving but struggling to replace the US dollar?
Bitcoin has achieved significant growth and widespread acceptance globally, thanks to its decentralization, scarcity, censorship resistance, and its narrative as "digital gold" for value storage. However, its inherent drastic price volatility, transaction speed limitations, lack of universal fiat currency status, and governments' control over monetary policy make it difficult to become a stable everyday transaction medium and global reserve currency like the US dollar. Bitcoin and the US dollar each play different roles, and it is difficult for them to replace each other in the short term.
U.S. dollar
24H Trending
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1
BofA Estimates: AI Infrastructure May Require $1.2 Trillion in External Financing Over Next 5 Years, With Over $300 Billion in Annual Incremental Debt Supply
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Novo Nordisk, the Danish pharmaceutical giant, saw its shares fall by 7% despite setting a $23 billion sales target for its weight-loss drug.
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Morgan Stanley’s Wilson Says US Stocks Risk 7% Drop in Near Term
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XRP is testing the $1.50 resistance level, a key threshold that has capped its advances for roughly 230 days, with a break potentially leading to $1.80+
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A Hong Kong hotel has been put up for sale by Nanyang Commercial Bank for HK$1.87 billion after being taken over, reflecting a trend of converting hotels into student dormitories.
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Binance Stock Trading Platform Adds 25 New Stocks
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Commodities trader Trafigura plans to float its supertanker arm Volare Shipping in Oslo, marking the business's first IPO
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JPMorgan CEO Dimon to Visit India This Week, Ramping Up Push for Deal Boom
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Seoul stocks rise 1.65% on chip gains despite Middle East tensions
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US equity futures rise, led by AI stocks; oil prices fall over 2% to around $101; US Treasury yields decline; US and Chinese officials discuss AI national security "notification mechanism."
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