Search results for "AI"
06:30

XerpaAI debuted at WebX, launching the first AI rise agent to accelerate the development of emerging projects.

Odaily News XerpaAI officially debuted at WebX and launched the AI Growth Agent (AGA), proposing the brand slogan "Speed Up Your Growth" to provide a one-stop intelligent growth solution for emerging projects. Data shows that 70% of unlisted Web 3 projects do not have dedicated growth personnel, over 52% of growth budgets fail to yield effective results, and 95% of projects are unable to go public successfully, with 58% directly related to growth issues. To address this industry pain point, XerpaAI combines the growth model of Create - Distribute - Optimize with AI-driven systematic agents, forming the AI Growth Agent (AGA).
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AGENT-0.98%
01:59

FAI (Freysa) rose 24.21% in the last 24 hours

Gate News Bot message, on August 25, according to CoinMarketCap, as of the time of writing, FAI (Freysa) is currently priced at 0.02 USD, with a rise of 24.21% in the last 24 hours, reaching a high of 0.02 USD and a low of 0.01 USD. The current market capitalization is approximately 133 million USD, an increase of 26 million USD from yesterday. Freysa is a global platform dedicated to achieving autonomous AI and self-awareness. It expands social coordination and human cognitive abilities through a digital twin network, aiming to break biological limitations. Freysa's vision is to establish a digital twin network capable of realizing global direct democracy. The project includes components such as the personal AI interface Enchanted and the browser tool Esper, with the ultimate goal of constructing an "Exocortex" that transcends biological limits.
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FAI19.96%
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01:30

SLF (Self Chain) has pumped 14.64% in the last 24 hours.

Gate News Bot news, August 25, according to CoinMarketCap data, as of the time of writing, SLF (Self Chain) is currently priced at $0.07, with a rise of 14.64% in the last 24 hours, peaking at $0.08 and dipping to a low of $0.05. The current market capitalization is approximately $11.11 million, an increase of $1.42 million compared to yesterday. Self chain is a modular intent-centered L1 blockchain aimed at achieving universal blockchain access. It provides users and AI agents with access to Web3 opportunities through a keyless wallet, using an AI-driven conversational interface that enables anyone to execute complex transactions instantly. Self chain offers modular infrastructure, including AI-driven intents, keyless wallets, and decentralized identities, to facilitate seamless access to Web3 and enhanced security.
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SLF5.56%
00:57

XTER (Xterio) has pumped 122.20% in the last 24 hours.

Gate News Bot news, on August 25, according to CoinMarketCap data, XTER (Xterio) is currently priced at $0.19, with a rise of 122.20% in the last 24 hours, reaching a high of $0.28 and a low of $0.08. The current market capitalization is approximately $27.4 million, an increase of $15.1 million compared to yesterday. Xterio is a blockchain project focused on the gaming sector, dedicated to providing blockchain infrastructure and distribution solutions for game developers. Its ecosystem includes AI toolkits, trading platforms, and game development tools, aiming to promote the development of Web3 games. The XTER token is the core of the Xterio ecosystem and is used to support its various functions. Important news about XTER recently: 1️⃣ **Gate launches XTER trading pair**
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00:37

PROMPT (Wayfinder) rose 51.72% in the last 24 hours

Gate News Bot news, on August 25, according to CoinMarketCap data, as of the time of writing, PROMPT (Wayfinder) is currently priced at $0.34, having risen 51.72% in the last 24 hours, reaching a high of $0.39 and a low of $0.11. The 24-hour volume has reached $1.011 billion. The current market capitalization is approximately $112 million, an increase of $38 million compared to yesterday. Wayfinder is an AI-driven full-chain protocol that executes blockchain tasks such as cross-chain transactions, bridging, and deployment through natural language commands and intelligent shells. PROMPT is the native token of the Wayfinder platform, used for trading, paying gas fees, and unlocking advanced features. The platform offers functionalities such as trading AI agents, lending, custom smart contract creation, and perpetual futures trading.
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PROMPT3.22%
08:11

Bitcoin mining company Hut 8 launches a $1 billion financing plan.

Odaily News Bitcoin mining company Hut 8 announced the launch of a new up to $1 billion At-the-Market (ATM) stock issuance plan, replacing the $500 million plan for 2024 (approximately $300 million has been issued), intended for the expansion of high-performance computing and AI data centers. (The Miner Mag)
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BTC-3.04%
00:09

KPMG: Investor interest in digital assets will drive strong rise in Canada's fintech in the second half of the year.

PANews August 24 news, according to Coindesk, based on the KPMG Canada Fintech Pulse report, Canadian fintech companies raised $1.62 billion in the first half of 2025, with digital asset and artificial intelligence startups capturing the largest share of new funding. Despite the global economic slowdown, Canadian investors continue to support fintech companies, particularly those focused on Blockchain and AI-driven financial tools. The report notes that with U.S. regulatory support and the momentum of AI solutions, fintech investment is expected to perform strongly in the second half of 2025.
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08:40

Binance has launched WLFI contract pre-trading, with the current contract price at 0.4249 USD and an FDV of approximately 44.6 billion USD.

Odaily News According to on-chain analyst Ai Yi's monitoring, after Binance launched WLFI contract pre-trading, the market finally reached a fair valuation for WLFI, with the current contract price at $0.4249 and FDV at approximately $44.6 billion. If the spot price maintains the current level when it goes live, first-phase public sale investors could profit 28.32 times, and second-phase public sale investors could also see a return of 8.5 times.
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15:09

"Brother Ma Ji" Huang Li Cheng has now realized unrealized gains of $1.52 million, while PUMP and YZY are still in unrealized losses.

BlockBeats news, on August 22, according to on-chain analyst Ai Yi (@ai9684xtpa) monitoring, this morning "Brother Maji" Huang Licheng's five long order positions still had unrealized losses as high as 9.17 million USD, and currently there are unrealized gains of 1.52 million USD. Among them, the ETH long order has unrealized gains of 1.645 million USD, and currently only PUMP and YZY are still in a state of unrealized losses.
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PUMP-7.72%
YZY-12.3%
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11:42

Gate Ultra AI Bots Grid Strategy ETF leveraged tokens 7-day Annual Percentage Rate reached 1810.74%

The Ultra AI trading bots launched by Gate utilize AI technology combined with high volatility ETF leveraged tokens to achieve breakthroughs in new grid strategy returns, with the ETH5S strategy achieving an annual percentage rate of 1810.74% over the past 7 days. Its advantages lie in arbitrage opportunities, intelligent decision-making, automated operations, and market trend identification.
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UOS-1.19%
11:31

Musk: The name Macrohard is funny, but the project is real.

Foresight News reports that Musk stated, "I joined xAI and helped create a pure AI software company named Macrohard. Although the name is a bit funny, this project is real! In principle, since software companies like Microsoft do not produce any physical hardware themselves, they should be able to fully simulate them with artificial intelligence." Previously, Musk applied for the "Macrohard" trademark in early August. Foreign media claim that the name "Macrohard" is clearly a parody of Microsoft's "Microsoft."
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XAI-4.44%
10:27

EdgeX Labs officially releases EdgeX Cloud

ChainCatcher news, EdgeX Labs officially launches EdgeX Cloud. EdgeX Cloud is a GPU cloud computing platform specifically designed for AI Agents and large language models. EdgeX Cloud focuses on building cost advantages, low operational costs, and multi-model support. Core capabilities include: Pre-configured LLM and Agent runtime environment; Automatic Elastic Scaling + Cloud-Edge Hybrid Computing; Pay-as-you-go billing to avoid wasting computing power; Local/private deployment to meet sensitive scenarios; This release means that AI infrastructure is becoming faster, lighter, and more inclusive.
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CLOUD-7.83%
07:19

A certain whale has held 2216.79 ETH for three months, earning a profit of 4 million dollars.

BlockBeats news, on August 22, according to on-chain analyst Ai Yi (@ai9684xtpa) monitoring, address 0x7C1...36FA7 withdrew 2216.79 ETH from Binance at a price of 2484 USD in early June, and has not made any operations for three months, until three hours ago when it was all transferred to Binance. If sold, the return would be 73%, making a profit of 4 million USD within three months.
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ETH-3.72%
07:11

South Korea releases economic rise strategy, promoting AI transformation and super innovative economy.

Jin10 data reported on August 22, according to the Korean News Agency, the South Korean government announced the "New Government Economic Growth Strategy" on the 22nd, planning to promote enterprise-led "Thirty Major Technology Leading Projects" with the goal of "Artificial Intelligence (AI) Great Transformation" and "Super Innovative Economy". To this end, the government will provide comprehensive support in finance, tax system, finance, talent, regulation, site selection, and other aspects over the next five years, striving to achieve a potential economic growth rate of 3%. The South Korean government believes that the momentum for economic growth is weakening, and the next five years are the "last golden period" for achieving the AI Great Transformation. To support the relevant strategy, the government will establish a "National Growth Fund" with a scale of over 100 trillion won (approximately 515.8 billion yuan) to develop AI future strategic industries, energy infrastructure, and related technologies and venture capital enterprises.
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05:27

TrendForce: AI data centers will scale up the adoption of liquid cooling technology, with an estimated penetration rate exceeding 30% by 2025.

According to Jin10 data on August 22, the latest research from TrendForce on the liquid cooling industry shows that with the NVIDIA GB200 NVL72 rack-mounted servers set to be dumped in 2025, cloud providers are accelerating the upgrade of AI data center architectures, driving liquid cooling technology from early trials to large-scale adoption. It is estimated that its penetration rate in AI data centers will increase significantly from 14% in 2024 to 33% in 2025, and will continue to grow in the coming years.
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05:18

BitMart has officially launched XPIN Token (XPIN)

Odaily News According to the official announcement, BitMart will launch XPIN Token (XPIN) on August 22 at 22:00 (UTC+8), opening the XPIN/USDT trading pair. The XPIN Network is based on the BNB chain and provides a decentralized, AI-driven communication infrastructure that offers secure, efficient, and borderless connectivity.
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XPIN-13.11%
TOKEN-5.27%
02:24

PHA (Phala Network) rose 12.28% in the last 24 hours.

Gate News Bot news, August 22, according to CoinMarketCap, as of the time of writing, PHA (Phala Network) is currently priced at $0.13, rising 12.28% in the last 24 hours, with a maximum of $0.13 and a minimum of $0.10. The current market capitalization is approximately $101 million, an increase of $11.1 million compared to yesterday. Phala Network is an artificial intelligence cloud computing platform focused on privacy protection. It offers hardware-secure computing based on Trusted Execution Environment (TEE), capable of deploying enterprise-level privacy-protected AI models in just a few minutes. Phala aims to build AI systems that people can trust, enhancing user confidence in AI through verifiable security, thereby enabling use cases such as sensitive data processing and gaining a competitive advantage in the market. PHA
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PHA-6.33%
01:43

NODE (NodeOps) rose 17.41% in 24 hours.

Gate News Bot news, on August 22, according to CoinMarketCap, as of the time of writing, NODE (NodeOps) is currently priced at $0.10, up 17.41% in the last 24 hours, with a high of $0.10 and a low of $0.08. The current market capitalization is approximately $13.33 million, an increase of $1.98 million compared to yesterday. NodeOps is a leading AI-driven DePIN orchestration layer designed to allow developers to focus on what matters. The project offers a variety of product services, including NodeOps Cloud (permissionless DePIN verifiable computing market), NodeOps Console (one-click node as a service dashboard), Security Hub (AI-driven code vulnerability detection and remediation), and Staking Hub (institutional-grade staking as a service), among others.
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BTC-3.04%
01:32

JANITOR (Janitor) 24-hour pump 31.54%

Gate News Bot news, on August 22, according to CoinMarketCap data, as of the time of writing, JANITOR (Janitor) is currently priced at $0.001979, with a rise of 31.54% in the last 24 hours, reaching a high of $0.00240842 and a low of $0.00144029. The current market capitalization is approximately $1.98 million, an increase of $474,600 compared to yesterday. Janitor is an AI guardian on the BNB chain, an autonomous cryptocurrency intelligence system designed to observe, analyze, and respond to on-chain activities. The project is driven by MCP and A2A, achieving modularity and integration across the ecosystem. Janitor's functions include detecting emerging investment opportunities, liquidity changes, and protocol anomalies. Its roadmap is divided into three phases: Observer, Analyst, and Agent. Jani
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BNB-1.4%
01:24

MAT(Matchain)24 hours pump 43.91%

Gate News Bot news, August 22, according to CoinMarketCap data, as of the time of writing, MAT( Matchain) is currently priced at $0.79, with a 43.91% rise in the last 24 hours, reaching a high of $0.88 and a low of $0.39. The current market capitalization is approximately $5.7 million, an increase of nearly $1.74 million compared to yesterday. Matchain is a decentralized AI blockchain focused on data and identity sovereignty, utilizing advanced AI for data aggregation, analysis, and user profiling to enhance decentralized identity solutions and data management. Important news about MAT recently: 1️⃣ **The ongoing pump trend highlights market recognition** The price of MAT has been continuously rising strongly since August 18, with a cumulative increase of over 100% in 4 days. It quickly climbed from $0.62 to $0.79, showcasing
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MAT-12.5%
01:04

REX (REVOX) rose 18.35% in the last 24 hours.

Gate News Bot news, August 22, according to CoinMarketCap data, as of the time of writing, REX (REVOX) is currently priced at $0.05, having risen 18.35% in the last 24 hours, with a high of $0.21 and a low of $0.02. The current market capitalization is approximately $946,000, an increase of about $147,000 compared to yesterday. Currently ranked 382. REVOX is a platform aimed at redefining the paradigm of decentralized application creation ( dapp ) through autonomous agents. The goal of REVOX is to become the fundamental tool for building any dapp used by AI, to become the preferred platform for sharing third-party data and logic for open integration, and to serve as a universal interface connecting Web3. REVOX reimagines applications as agents, with each agent designed to meet different user needs, providing a.
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REX6.19%
00:59

SKL (SKALE) rose 11.27% in the last 24 hours.

Gate News Bot news, August 22, according to CoinMarketCap data, as of the time of writing, SKL (SKALE) is currently priced at $0.03, having risen 11.27% in the last 24 hours, with a high of $0.04 and a low of $0.03. The current market capitalization is approximately $202 million, an increase of $20.5 million compared to yesterday. SKALE is a fast, gas-free blockchain network optimized for high-throughput use cases such as gaming, AI, and DeFi. As a decentralized open-source platform, SKALE combines speed, scalability, and security, making it an ideal network for building the next generation of blockchain applications. Important news about SKL recently: 1️⃣ **The launch of the FAIR project promotes the rise in value of the SKALE network** The SKALE network announced in June the launch of a project aimed at eliminating MEV from the consensus layer.
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SKL-7.22%
00:53

Meta invests heavily, reaching a large orders agreement with Google for cloud computing services.

On August 22, Jin10 reported that in the face of an increasingly fierce AI arms race, social media giant Meta Platforms (META.O) has reached a six-year cloud computing service protocol with Google Cloud worth at least $10 billion. The protocol aims to leverage Google Cloud's server and storage services to quickly fill the computing power gap caused by Meta's long construction cycle of its own data centers. This move marks the first large-scale collaboration between the two tech giants in the field of cloud computing infrastructure. Analysts believe that this not only validates Google Cloud's price advantage but also indicates that Meta will focus on enhancing the inference capabilities of its Llama model.
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00:40

FLOCK (FLock.io) rose 19.89% in the last 24 hours

Gate News Bot news, August 22, according to CoinMarketCap data, as of the time of writing, FLOCK (FLock.io) is currently priced at 0.25 USD, having risen 19.89% in the last 24 hours, with a high of 0.26 USD and a low of 0.18 USD. The current market capitalization is approximately 53.34 million USD, an increase of 8.84 million USD compared to yesterday. FLock.io is a blockchain-based federated machine learning platform focused on providing private AI training infrastructure. The platform allows for local data training and hosting while ensuring that data remains local. For crowd-sourced data, contributors will receive fair rewards. FLock.io supports fine-tuning of large language models, Stable Diffusion, etc., and can work independently or in collaboration with other FLock nodes to reduce data requirements. This platform...
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FLOCK10.94%
00:34

SAPIEN (Sapien) fell 13.76% in the last 24 hours

Gate News Bot message, August 22, according to CoinMarketCap data, as of the time of writing, SAPIEN (Sapien) is currently priced at $0.19, with a 13.76% fall in the last 24 hours, reaching a high of $0.26 and a low of $0.14. The current market capitalization is approximately $487,000. Sapien is a decentralized data foundry that transforms collective human knowledge into enterprise-grade AI training data. The platform has 1.6 million global contributors from over 110 countries and has completed 187 million tasks. Sapien focuses on providing high-quality, vertically specialized training data for professional AI, including services such as 3D/4D data annotation and data collection. Its marketplace also offers curated datasets across multiple domains, including expert reasoning, images and videos, audio, 3D/4D, and text.
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15:24

AI startup EliseAI has completed a $250 million Series E funding round, led by A16z.

BlockBeats news, on August 21, vertical AI startup EliseAI completed a $250 million Series E funding round, led by A16z, with participation from Bessemer Venture Partners, Sapphire Ventures, and Navitas Capital. The company's valuation has doubled to over $2.2 billion. EliseAI was founded in 2017 by Minna Song (CEO) and Tony Stoyanov (CTO) and has been dedicated to building specialized AI systems for vertical fields that can operate call centers, manage patient appointments, and handle apartment rental requests without the repetitive tasks that typically drain employee energy and frustrate customers.
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10:33

Bitcoin network SRC20 protocol AI inscription DeFAi holders突破万人

Odaily News Bitcoin network SRC 20 protocol DeFAi announced that its community builders have surpassed 10,000 people. According to the official introduction, the innovative protocol DeFAi combines artificial intelligence (AI) with Decentralized Finance (DeFi), aiming to simplify processes and improve user experience through the integration of AI. DeFAi employs AI tools such as natural language interfaces, autonomous agents, and data aggregation to make on-chain interactions feel seamless and intuitive, thereby dropping the complexity of DeFi operations.
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BTC-3.04%
07:38

Aria(ARIA) will be launched globally on Gate and open the Launchpool, staking ETH or ARIA can share 625,000 ARIA Tokens.

Gate News bot news, according to the official Gate announcement on August 21, 2025: Gate will launch the spot trading of AriaAI project token ARIA on August 21, 2025, at 21:00 (UTC+8) and simultaneously start the 300th Launchpool event. The trading pair will be ARIA/USDT. During the Launchpool event, users can participate in the distribution of 625,000 ARIA token airdrop rewards by staking ETH or ARIA. The event runs from August 21, 2025, 21:00 to August 24, 2025, 21:00 (UTC+8), and rewards will be distributed hourly. AriaAI is a next-generation game development and publishing project that combines Disney-style immersive experiences with AI technology, dedicated to integrating Web2 game quality with Web3 technology. The project focuses on its own IP to create an innovative gaming ecosystem.
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ARIA-19.62%
ETH-3.72%
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07:13

The number of UXLINK users has surpassed 54 million, driven by AI leading Web3 social.

The number of registered users of UXLINK has exceeded 54 million globally, firmly establishing it as a leader in Web 3 social infrastructure. Social and AI DApps contribute 58% of the on-chain Gas. UXLINK transforms real connections into on-chain assets through AI social matching and DID, and will focus on privacy, multi-chain compatibility, and globalization in the future to drive large-scale adoption of Web 3.
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UXLINK-2.82%
05:58

FLOCK (FLock.io) rose 26.11% in 24 hours.

Gate News Bot Message, August 21, according to CoinMarketCap, as of the time of writing, FLOCK (FLock.io) is currently priced at $0.23, having risen 26.11% in the last 24 hours, with a peak of $0.26 and a low of $0.18. The current market capitalization is approximately $50.2 million, an increase of $1.04 million compared to yesterday. FLock is a blockchain-based federated machine learning platform dedicated to providing private AI training solutions. The platform supports features such as local data, collaborative training, and decentralized governance, aiming to achieve goals like data ownership, foundational model fine-tuning, scalable infrastructure, and community ownership. The FLock ecosystem is supported by several well-known institutions, including Digital Currency Group, Lightspeed Fraction, and the Ethereum Foundation.
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FLOCK10.94%
03:45

Google announced that Gemini for Home will log in to the Nest smart speaker.

Google will launch the brand new AI voice assistant Gemini for Home in October, replacing Google Assistant, supporting more natural voice interactions and complex home control. Gemini Live will be released simultaneously, enhancing the multi-turn conversation experience, and may introduce new Nest hardware.
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HOME-4.1%
02:48

The DeFi operating system Velvet(VELVET) will launch spot trading on Gate on July 10.

Gate News bot news, according to the official announcement from Gate on July 10, 2025 Gate will launch Velvet on July 10, 2025, at 20:00 1928374656574839201 UTC+8 ( for spot trading, with the trading pair VELVET/USDT. Velvet is a DeFAI operating system that mainly provides on-chain research, trading, and portfolio management services. The project has been launched on multiple public chains including BNB Chain, Base, Solana, Ethereum, and Sonic, integrating the multi-agent AI Co-Pilot feature, and currently has over 100,000 users. The VELVET token contract address is 0x8b194370825E37b33373e74A41009161808C1488.
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VELVET-3.62%
DEFI-2.5%
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02:39

SQD (Subsquid) has fallen 0.91% in the last 24 hours.

Gate News Bot news, August 21, according to CoinMarketCap data, as of the time of writing, SQD (Subsquid) is currently priced at 0.12 USD, down 0.91% in the last 24 hours, with a high of 0.15 USD and a low of 0.11 USD. The current market capitalization is approximately 869,000 USD. Subsquid is a data lake for Web3, providing services for AI agents. It is the first emerging open database network designed to meet the data needs of the autonomous AI era. The SQD network allows anyone, AI agents, or enterprises to access vast amounts of data using the $SQD token without permission. $SQD incentivizes enthusiasts, developers, and institutions to participate through an innovative rewards system. Recent important news about SQD: 1️⃣ **Heidelberg Holdings Company Strategic Layout SQD** Heidelberg Holdings
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SQD-4.24%
02:23

BAND (Band) rose 21.82% in the last 24 hours

Gate News Bot report, August 21, according to CoinMarketCap data, BAND is currently priced at 0.85 US dollars, having pumped 21.82% in the last 24 hours, with a high of 0.93 US dollars and a low of 0.63 US dollars. The current market capitalization is approximately 140 million US dollars, an increase of 25.1 million US dollars compared to yesterday. Ranked 287. Band is a community-driven data platform that provides a unified data layer for AI and Web3. Since 2018, Band has been dedicated to securely putting data on-chain. The platform offers data feed services that connect Web3 applications to real-time financial data. Additionally, Band provides Membit services that update AI knowledge through data hunters, as well as verifiable random function (VRF) services to offer transparent randomization mechanisms for games. Currently,
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BAND-8.58%
02:10

THINK (Think Protocol) rose 43.90% in 24 hours.

Gate News Bot news, on August 21, according to CoinMarketCap data, THINK (Think Protocol) is currently priced at 0.02 USD, with a 24-hour pump of 43.90%, reaching a high of 0.02 USD and a low of 0.01 USD, with a 24-hour volume of 525,000 USD. THINK is an open AI agent protocol that allows users to own, develop, and personalize these AI agents. The protocol connects open-source agents, tools, and MCP into a composable framework. THINK provides a new agent-powered internet infrastructure for developers, creators, and communities, enabling smart composability, data user ownership, and permissionless innovation. THINK recent important news: 1️⃣ **The integration of AI and cryptocurrency technology has attracted attention
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THINK-7.98%
01:28

Forbes: Over 370,000 chat records leaked from Musk's Grok

Elon Musk's xAI platform Grok has been exposed for privacy issues, with over 370,000 AI chat records made public, as well as users' uploaded photos and documents. The sharing link can be accessed by search engines, and the chat content is open to the public.
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GROK-8.78%
00:27

CUDIS (CUDIS) fell 9.77% in 24 hours

Gate News Bot news, August 21, according to CoinMarketCap, as of the time of writing, CUDIS (CUDIS) is currently priced at $0.09, down 9.77% in the last 24 hours, with a high of $0.12 and a low of $0.08. The current market capitalization is approximately $235,000, a decrease of about $2,541,500 compared to yesterday. CUDIS is the world's first protocol that rewards longevity. The project has launched the CUDIS Ring smart ring and the CUDIS App, introducing features such as health points, data NFTs, and social challenges. The CUDIS ecosystem also includes longevity centers, data markets, and AI coaches. The project was founded by a team from institutions such as UCLA, Berkeley, and Microsoft, and has received investment from several well-known firms, including Draper Associates.
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18:05

Fed meeting minutes: The market believes that the overall U.S. economy remains resilient.

BlockBeats news, on August 21, the Fed released the minutes from the July meeting, which mentioned that the recent rise in stock prices and the narrowing of credit spreads indicate that the market believes the overall U.S. economy remains resilient; however, the financial markets seem to have begun differentiating based on the scale and quality of corporate earnings. The valuation of the S&P 500 index continues to be above the long-term average, primarily due to optimistic expectations about the potential benefits of large tech companies from further applications of artificial intelligence (AI). However, the valuation of small-cap stock indices, despite rising during the meeting interval, remains below historical averages. (Jin10)
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16:35

The Federal Reserve Board of Governors Waller calls for embracing AI and stablecoin to drive payment innovation

According to ChainCatcher news and Jin10 reports, Fed Board Governor Waller is calling for embracing the "technology-driven revolution" propelled by artificial intelligence and stablecoins as a way to boost the U.S. economy. He stated that creating new payment services using innovative technology is not a new story and emphasized that Distributed Ledger technology can provide a more efficient way to track asset transfers. Waller also pointed out the impact of Decentralized Finance in the payment sector, suggesting that if the private sector collaborates with the Fed, it could create a win-win situation.
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09:35

Analyst: The AI zone of the US stock market has experienced a moderate and necessary pullback. Follow whether Nvidia's earnings report can stabilize the market.

According to a report by Jinse Finance, AJ Bell analyst Danni Hewson stated that AI-related stocks are experiencing what seems to be a moderate and perhaps necessary adjustment after a strong rise. She pointed out that the wider sell-off of U.S. tech giants stemmed from a report by MIT, which showed that 95% of companies have yet to see a return on their investments in generative AI. "Investors will closely monitor whether AI zone stock prices will stabilize here or if the dumping will continue," she added. "NVIDIA's (NVDA.O) quarterly earnings report next week now looks more critical than before."
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