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Ashwini Roopesh
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Worst bullrun
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In the past 24 hrs, 87,948 traders were liquidated, the total liquidations comes in at $109.17 million. Long - $60.87M & Short - $48.30M (Shows that traders are very cautious in bear market). The largest single liquidation order happened on Hyperliquid - BTC USD value $3.26M
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Except $TRX rest of the top ten are back to normal.
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China doubles down on chips as US tightens tech rules China is going all in on building its own state of the art chip industry after the $TRUMP administration tightened rules to slow down its AI progress. At a recent Shenzhen expo, local company SiCarrier showed off new equipment for making chips. To fight back against these curbs, China's government has set aside over $200 billion to boost homegrown tech. At present, Chinese companies are being encouraged to support local products and move beyond just copying something that takes serious time and effort. While some US chip sales are still allowed, top-tier tech remains out of reach.
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China has discovered its first undersea gold deposit, one of the the largest in Asia – marking a breakthrough as China steps up nationwide exploration for the precious metal. The discovery, off the coast of Laizhou, in Yantai, Shandong province, lifted Laizhou’s total proven gold reserves to more than 3,900 tonnes (137.57 million ounces) – about 26 per cent of the national total – ranking it top in both gold reserves and output in China. Country has been steadily stepping up mineral exploration, with nearly 450 billion yuan invested since 2021.
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