BREAKING: BlackRock’s $47 billion iShares Semiconductor ETF ($SOXX.ETF ) is on track for its worst month since September 2001, down more than 26% in July amid profit-taking, concerns over circular AI financing, rising debt from heavy AI spending, and intensifying competition from China.
The sharp selloff in Micron (MU), Intel (INTC), Applied Materials (AMAT), KLA Corporation (KLAC) and other heavyweight semiconductor stocks is dragging down the semiconductor index, as they are among the ETF’s ...
BREAKING: OpenAI has officially announced "ChatGPT for Academic Researchers," a program providing 100,000 scientists, mathematicians, and engineers free access to its frontier AI models through 2027.
The initiative begins immediately with 10,000 researchers this summer (including early access at institutions like the Institute for Advanced Study and École normale supérieure) before scaling up to 100,000 through 2027.
Participants will receive access to OpenAI’s frontier models, including GPT...
🚨 FED Holds Rates Steady for the 5th Straight Meeting
Markets were expecting no rate change, but the Fed’s hawkish tone is keeping investors cautious. Higher-for-longer interest rates could continue to pressure risk assets, including crypto, in the short term.
Stay patient, watch the volatility, and let the market reveal its next direction. 📉⚡
#Bitcoin #Crypto #FOMC #Fed #jeevajvan
$COTI after today's strong rally, and I don't think this is the kind of chart to chase. The move was impressive, but now price is cooling off around a key area where the market usually decides its next direction.
Personally, I'd rather wait for buyers to defend this zone than jump in because of FOMO. If COTI holds here and volume comes back, I believe another attempt toward the recent high is possible.
EP: 0.01550–0.01570
TP1: 0.01720
TP2: 0.01880
SL: 0.01490
This is my personal observation,...
Ethereum Institutional just closed its first funding round and the backer list is wild. Bitmine, SharpLink, and Ethereum co-founders Joseph Lubin and Mihai Alisie anchored it. Then over 100 more names signed on: Arbitrum, Optimism, Aave, Uniswap, Chainlink, Anchorage Digital, Ledger Enterprise, Circle, Robinhood Chain, basically a who's who of the Ethereum stack.
The group's whole purpose is getting institutions comfortable actually using Ethereum, custody, staking, compliance, the boring plumb...