Bitcoin's on-chain activity has declined sharply, with active addresses falling 44% from 1.12 million daily in May 2021 to about 624,000 today, and new wallet creation down 43%. This decline occurs even as Bitcoin's price remains well above 2021 levels, largely due to institutional investment vehicles like spot Bitcoin ETFs that allow exposure without on-chain transactions. Additionally, Strategy, a major corporate Bitcoin holder, sold 32 BTC worth $2.5 million for the first time in 3.5 years, briefly pushing Bitcoin's price below $72,000. Despite this sale, Strategy continues to hold a significant portion of Bitcoin's supply, and the overall trend suggests a shift towards passive holding and institutional investment rather than active on-chain participation.
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
