Nvidia (NVDA.O) announced on Thursday that it will invest $5 billion in Intel (INTC.O) to support the struggling American chip foundry company, but did not grant Intel key chip manufacturing orders. The agreement also includes plans for Intel and Nvidia to jointly develop personal computer and data center chips, which could pose a potential risk to TSMC (TSM.N).
market shows that, driven by Intel (INTC.O), American semiconductor stocks are rising before the market opens, with ASML (ASML.O) up 7.03%, Micron Technology (MU.O) up 2.35%, ON Semiconductor (ON.O) up 2.13%, and Applied Materials (AMAT.O) up 5.6%.
according to the American ETF provider REX SharesREXShare, the first batch of American ETFs providing XRP and DOGE spot exposure, issued in collaboration with Osprey Funds, will be listed on CBOE on September 18, providing investors with a way to invest in these digital assets through an ETF structure. It is worth noting that the REX-Osprey DOGE ETF and XRP ETF are not typical spot ETFs, as they do not directly hold all DOGE and XRP tokens, but also hold other assets such as cash, US Treasury bonds, and even other ETFs. The approval process for such products is completely different, as they do not require explicit approval from the US SEC and automatically take effect 75 days after application. According to the documents submitted to the SEC by REX-Osprey, these two ETFs will invest at least 80% of their net assets in reference assets and other assets providing exposure to reference assets, with at least 40% of assets directly invested in other ETFs and ETP shares, including non-US ETPs.
Intel's pre-market stock gain further expanded to 30%. Earlier, Nvidia announced a $5 billion investment in Intel, and Intel will customize x86 CPUs for Nvidia.
Bitcoin Treasury Corporation, headquartered in Canada, announced that the company has been listed on the regulated US over-the-counter securities market OTC Markets, with the stock code "BTCFF", US investors can now view financial disclosure information and real-time quotes.
according to glassnode's released chart, the Bitcoin CBD heat map shows that its supply is highly concentrated around the $117,000 price level, forming a key resistance area. Breaking through this price level may clear obstacles for subsequent upward movement towards areas with thinner liquidity, while failure to break through may lead to a prolonged consolidation period or price decline.
according to on-chain analyst Onchain Lens monitoring, in the past 19 hours, FalconX withdrew 193,458 SOL tokens from Binance, OKX, and Bybit, worth $47.67 million.
Lido strategic consultant Hasu replied to user X's post "Lending DEX like AAVE and Fluid have enough advantages to issue stable coins" by saying that the idea that stable coins are more profitable than the lending market is one of the biggest misunderstandings in DeFi. Both the lending market and stable coins involve borrowing money from A and then lending it to B, earning the interest difference in the process. Stable coins do have hidden benefits such as global transferability, but these benefits are limited to stable coins with deep global liquidity and network acceptance, such as USDT and USDC. Everyone else is competing for the same scarce pool of funds and increasingly needs to pay interest to lenders. For new stable coins entering the market, there are actually only two advantages - superior distribution (allowing you to borrow at a lower amount) and superior ALM (allowing you to lend at a higher amount). Which one do AAVE and Fluid have?
according to sources, the European Union plans to submit a proposal for the latest round of sanctions against Russia to member states as early as Friday after a phone call between von der Leyen and Trump. Following the call on Tuesday, the President of the European Commission stated that this sanction proposal would be the 19th round of sanctions and would target cryptocurrency, the banking sector, and the energy sector. The United States has pressured its G7 allies to impose up to 100% tariffs on India for purchasing Russian oil in order to force Putin and the Ukrainian side back to the negotiating table. However, this demand may face resistance in the capitals of EU member states. Sources said that Trump reiterated in the call that he prefers pressure through tariffs over sanctions. Currently, G7 officials are working on advancing a series of proposals with the goal of finalizing the relevant plans within the next two weeks.
according to market news, the CEO of Bitwise stated that the cryptocurrency credit and lending business will experience explosive growth in the next 6 to 12 months.
according to market news, the market is beginning to anticipate that the Federal Open Market Committee (FOMC) will cut interest rates by 25 basis points again in October.
Federal Reserve FOMC statement: Federal Reserve Governor Milan opposed the interest rate decision this time and believed that interest rates should be cut by 50 basis points.
Fed's forecast shows that out of 19 officials, 9 expect to cut interest rates twice in 2025, 2 expect to cut interest rates once, and 6 expect no further rate cuts.