Today's News‼️
🔴 JPMorgan, Goldman Sachs, Citigroup, and Wells Fargo plan to release their earnings reports on Tuesday, followed by Bank of America and Morgan Stanley on Wednesday. Investors are also awaiting key inflation data: the Consumer Price Index (CPI) and Producer Price Index (PPI) for September are set to be released on Wednesday and Thursday, respectively;
🔴 Crypto analyst Willy Woo has estimated the probability of a Bitcoin signature hack occurring within the next two years at 1.3%;
🔴 Bitcoin is approaching a bullish crossover of the 111-day and 200-day SMAs. BTC is trading above both moving averages, and the trend recovery is gaining momentum;
🔴 The market capitalization of RWA (Real World Assets) on Ethereum has grown by $553.1 million over the past 7 days. Breakdown: zkSync Era: $126.1 million; BNB Chain: +$68.7 million. Ethereum's growth was more than four times that of the next leading network;
🔴 The number of long positions on $ETH at Bitfinex has reached a four-year high;
🔴 Today, Evernorth is listing on Nasdaq via a SPAC under the ticker XRPN. The company plans to acquire a significant amount of XRP tokens for its balance sheet and has already purchased nearly 500 million XRP;
🔴 SUI is investing $30 million in the AI training protocol DATA Network. DATA Network is fully migrating to the Sui platform;
🔴 The rapid decline in the return on capital of leading tech giants, set against the backdrop of a surge in capital expenditures and debt burdens, is becoming a major issue for the AI industry.
🔴 JPMorgan, Goldman Sachs, Citigroup, and Wells Fargo plan to release their earnings reports on Tuesday, followed by Bank of America and Morgan Stanley on Wednesday. Investors are also awaiting key inflation data: the Consumer Price Index (CPI) and Producer Price Index (PPI) for September are set to be released on Wednesday and Thursday, respectively;
🔴 Crypto analyst Willy Woo has estimated the probability of a Bitcoin signature hack occurring within the next two years at 1.3%;
🔴 Bitcoin is approaching a bullish crossover of the 111-day and 200-day SMAs. BTC is trading above both moving averages, and the trend recovery is gaining momentum;
🔴 The market capitalization of RWA (Real World Assets) on Ethereum has grown by $553.1 million over the past 7 days. Breakdown: zkSync Era: $126.1 million; BNB Chain: +$68.7 million. Ethereum's growth was more than four times that of the next leading network;
🔴 The number of long positions on $ETH at Bitfinex has reached a four-year high;
🔴 Today, Evernorth is listing on Nasdaq via a SPAC under the ticker XRPN. The company plans to acquire a significant amount of XRP tokens for its balance sheet and has already purchased nearly 500 million XRP;
🔴 SUI is investing $30 million in the AI training protocol DATA Network. DATA Network is fully migrating to the Sui platform;
🔴 The rapid decline in the return on capital of leading tech giants, set against the backdrop of a surge in capital expenditures and debt burdens, is becoming a major issue for the AI industry.