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WTI crude oil plunged 4% intraday, and Brent crude oil fell 3.48% intraday.
According to Svmuu, citing Gate data, WTI crude oil plunged 4% intraday, now trading at $93.14 per barrel. Brent crude oil lost the $97 per barrel mark, falling 3.48% intraday. On the news front, the
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The total number of TRON accounts has officially surpassed 380 million
According to TRONSCAN data, the total number of accounts on the TRON network has reached 380,102,569, officially surpassing 380 million. It is reported that the total number of accounts refers to the
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A whale spent $325,000 to buy Sato, with an average market cap of $28.4 million at entry
According to Svmuu monitoring, a whale began accumulating Sato three hours ago, purchasing a total of $325,000 worth at an average market cap of $28.4 million, currently showing an unrealized profit o
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A wallet suspected to be associated with financial services group BIT (formerly Matrixport) has deposited 403,290 HYPE, worth $17.3 million, into HyperLiquid.
Svmuu reports, according to monitoring by Onchain Lens, a wallet suspected to be linked to financial services group BIT (formerly Matrixport) (0x4aFe...f70F) deposited 403,290 HYPE, valued at $17.3 mi
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Bank of New York Mellon Expands Digital Asset Custody Services in Abu Dhabi
SvmuuNews: The Bank of New York Mellon has partnered with Finstreet and the ADI Foundation to establish a regulated digital asset infrastructure in the Abu Dhabi Global Market. The initiative initiall
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Yesterday, Ethereum spot ETFs saw a total net inflow of $11.5704 million, marking four consecutive days of net inflows.
According to SoSoValue data, yesterday (Eastern Time May 6), Ethereum spot ETFs recorded a total net inflow of $11.5704 million. The Ethereum spot ETF with the largest single-day net inflow was Graysc
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Bitcoin spot ETFs saw a total net inflow of $46.33 million yesterday, marking five consecutive days of net inflows
According to SoSoValue data, Bitcoin spot ETFs recorded a total net inflow of $46.33 million yesterday (Eastern Time, May 6). The Bitcoin spot ETF with the largest single-day net inflow yesterday was
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The crypto market shows mixed performance, with the SocialFi sector surging over 22%
According to SoSoValue data on May 7, the crypto market sectors showed mixed performance. The SocialFi sector has recently performed notably, rising another 22.04% in 24 hours. Within the sector, Tonc
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TON ecosystem tokens see broad gains, TON up over 32%
According to OKX market data, tokens in the TON ecosystem are generally rising. Among them, TON is up over 32%, currently trading at $2.7; DOGS is up over 61%, currently trading at $0.0000988; HMSTR i
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ETH chain ecosystem token sato market cap surpasses $30 million, surging over 460% in a day
Svmuu News, according to GMGN data, the market cap of the ETH chain ecosystem token sato has continued to rise, hitting a new high, currently reporting approximately $30.65 million, with a daily incre
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ETH Chain Ecosystem Token sato’s Market Cap Surpasses $20 Million, Intraday Surge Exceeds 300%
Svmuu reported that according to GMGN data, the market cap of ETH chain ecosystem token sato has continued to rise and hit a new high, currently reported at approximately $21.56 million, with an intra
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EricTrump's co-founded AmericanBitcoin reports Q1 net loss of $81.8 million
Svmuu News Bitcoin mining company American Bitcoin, co-founded by Eric Trump, released its Q1 2026 financial report. Data shows the company recorded a net loss of $81.8 million for the quarter, higher
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Svmuu Morning Brief
1. The U.S. government address deposited 3.233 ETH into Coinbase Prime, worth $7,630; 2. Aave has liquidated the remaining rsETH position of the KelpDAO attacker, and related assets will be transferre
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Champions League: PSG's title probability rises to 57%, up 29% in 24 hours
Svmuu Seer Prophet Channel monitoring shows that in Polymarket's "UEFA Champions League Winner" prediction event, Paris Saint-Germain's winning probability has now risen to 57%, up 29% in 24 hours. Ar
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U.S. SOL Spot ETF Sees Single-Day Net Inflow of $21.3014 Million
According to SoSoValue data, on yesterday (May 6, Eastern Standard Time), the total net inflow for SOL spot ETFs in a single day reached $21.3014 million. The SOL spot ETF with the highest net inflow
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Silver rose 1.5% to $77.497 per ounce
According to the latest data from Gate, the price of gold has risen to $4,698.81 per ounce, with a daily increase of 0.14%. The price of silver has risen to $77.497 per ounce, with a daily increase of
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A Paradigm Capital-associated address likely transferred 11,600 ETH to FalconX, worth approximately $27.29 million
According to Lookonchain monitoring, four wallets suspected to be associated with Paradigm Capital transferred 11,615 ETH, worth approximately $27.29 million, to FalconX about 3 hours ago.
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US XRP Spot ETF Records Net Inflow of $13.0287 Million in a Single Day
According to SoSoValue data, on May 6 (Eastern Time), the XRP spot ETF recorded a total net inflow of $13.0287 million in a single day. The XRP spot ETF with the largest net inflow yesterday was the B
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Aave has liquidated the remaining rsETH position of the KelpDAO attacker, with the relevant assets to be transferred to a recovery treasury.
Svmuu reported that Aave has announced the completion of the liquidation of the remaining rsETH position belonging to the Kelp DAO attacker. The related collateral assets will be transferred to the Re
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ETH chain ecosystem token sato market cap hits new high, surging over 300% intraday
According to GMGN data, the market cap of sato, a token in the ETH chain ecosystem, has continued to rise and hit a new high, now reported at approximately $13.82 million, with an intraday increase of
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Account with over $2.2 million in profit purchases $60,000 on 76ers defeating Knicks in NBA Eastern Conference Semifinals G2
According to monitoring by Svmuu Seer Prophet Channel, in the Polymarket "NBA Eastern Conference Semifinals G2 76ers vs. Knicks" prediction event, an account with over $2.2 million in profit (address:
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Meta-supported Scale AI wins $500 million contract from U.S. Department of Defense
According to foreign media reports, the U.S. Pentagon has awarded Scale AI, a company backed by Meta Platforms (META.O), a contract worth $500 million to assist with data processing and decision-makin
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US Diplomats Warned: Do Not Use Classified Information to Bet on Prediction Sites
SvmuuNews According to an internal State Department memo seen by The Wall Street Journal, U.S. diplomats have been warned not to use classified information to place bets on prediction websites. As lar
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Project Eleven Warns "Quantum Moment" May Arrive Suddenly, Potentially as Early as 2030
Svmuu News Quantum security company Project Eleven released a report stating that the "Q-Day" when quantum computing breaks encryption systems may arrive as early as 2030, and is more likely to occur
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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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General Motors delivered the first batch of Patriot missile components to Lockheed Martin in August, completing production in just three weeks.
Lockheed Martin confirmed on Thursday that General Motors delivered the first missile body components for PAC-3 MSE interceptors in August this year. This collaboration marks the entry of the U.S. aut
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The Japanese Yen (JPY) has touched 158 against the US Dollar (USD), as the market weighs the pace of further tightening by the Bank of Japan (BOJ).
The Japanese Yen weakened against the US Dollar in Tokyo on Friday, falling back to around 157.50 after several attempts to rebound, following the Bank of Japan's (BOJ) 25 basis point rate hike earlie
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Bitcoin is down just 1.5% so far in September, and is still on track for a 32% gain this quarter.
Despite the Federal Reserve's interest rate hikes, soaring oil prices, and a strong dollar, Bitcoin has only fallen by 1.5% so far in September—historically its weakest month—and is on track for its f
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USD/JPY is up 0.72% today, currently trading at 156.1158.
USD/JPY is up 0.72% today, currently trading at 156.1158.
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The Bank of Japan (BOJ) raised interest rates by 25 basis points to 1.25%, a 31-year high.
The Bank of Japan (BOJ) approved the rate hike with a 7-2 vote, raising the policy rate to 1.25%, its highest level since 1995. The BOJ stated that the move was due to the risk of inflation deviating
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The Japanese Yen fell against the US Dollar after the Bank of Japan (BOJ) raised interest rates by 25 basis points as expected.
The Bank of Japan (BOJ) raised its policy rate by 25 basis points, in line with market expectations, a move that led to a weaker Japanese Yen against the US Dollar.
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Yen falls to 156.30 per dollar as softer August inflation dents BOJ aggressive tightening bets
The yen eased from 155.68-70 late Thursday, hours before the Bank of Japan's policy decision, after lower-than-expected consumer inflation in August dented expectations of aggressive tightening.
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Hedge fund titan Einhorn predicts: Gold will significantly outperform Nasdaq over the next 3-5 years, with the gap potentially being quite substantial.
David Einhorn, founder of Greenlight Capital, stated in a recent interview with Morgan Stanley that he expects gold to significantly outperform Nasdaq over the next three to five years, possibly by a
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The yuan rose to its highest level against the dollar since 2022 after the central bank set its daily reference rate.
The RMB exchange rate against the US dollar has risen to its highest level since 2022, supported by China's strong export performance and the People's Bank of China (PBOC).
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Citi’s Korea Trading Head Says Buy Won Near 1,400 Per Dollar
According to a Citigroup Inc. trader, the won’s recent weakness may be short-lived as South Korea’s chip sector bolsters growth, supporting the currency’s recovery against the dollar by year-end.
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USD/JPY falls below 156. The probability of the Bank of Japan (BOJ) raising interest rates by 25 basis points at its September meeting reaches 98.2%.
Expectations for an widening of the U.S.-Japan interest rate differential have resurfaced after the Federal Reserve raised interest rates by 25 basis points and delivered hawkish signals, causing USD/
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Citi Research: The Federal Reserve's hawkish rate hike in September exceeded expectations, with the DXY technically confirming a double bottom pointing to 101.15.
Citi Research noted that the Federal Reserve's September FOMC meeting sent a strong hawkish signal, leading the market to price in another rate hike of approximately 13 basis points in October. The DX
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State Street Markets sees South Korean won retreating after sharp rally, citing weakened exporter dollar-selling flows and strong demand for overseas stocks
Choi Ji-uk, senior macrostrategist for the Asia-Pacific region at State Street Markets, stated at a media roundtable in Seoul on Thursday that the Korean won has already strengthened to its capable ex
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Analysis: If the Bank of Japan delivers a "dovish rate hike" on Friday, USD/JPY may break below 158 and retest 160.
The Federal Reserve's recent interest rate hike and hints of further tightening are expected to keep the US-Japan interest rate differential high for an extended period, limiting the Bank of Japan's a
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Asian Bonds Decline, Dollar Jumps As Fed Hikes
Asian Bonds Decline, Dollar Jumps As Fed Hikes
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Ssangyong E&C wins record $2.15 billion Singapore hospital contract
Ssangyong Engineering & Construction announced Thursday it has secured a contract worth $2.15 billion from Singapore's Ministry of Health to build the Tengah General and Community Hospital. This marks
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South Korean retailer Daiso's annual sales are nearing 5 trillion Korean won ($3.7 billion), driven by K-beauty products and popularity among foreign tourists.
Sales at this South Korean discount retailer are being boosted by an influx of foreign tourists, who are primarily purchasing affordable K-beauty products and souvenirs. A tourist from India stated th
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USD/KRW is up 0.72% intraday, currently trading at 1,381.5800.
USD/KRW is up 0.72% intraday, currently trading at 1,381.5800.
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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
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Nippon Life plans to invest $12.7 billion (2 trillion yen) in infrastructure financing, primarily for data center construction in the US
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Chinese AI company Zhipu ZCode has been exposed for allegedly uploading complete project code and modification history without user consent. Zhipu has apologized and pledged to open-source its code library.
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