The latest news, all in one place. No more talk—let’s get straight to the good stuff.
The AI and computing-power sectors are still running hot. Ant Ling has open-sourced the Ling-3.1-flash-1019 model weights and released Ling-3.1-flash-base as well. Both are now available on Hugging Face and ModelScope under the MIT license. With open-source releases coming this fast, competition in AI infrastructure is only going to get fiercer. Meanwhile, General Compute closed a $100 million Series A, with its post-money valuation jumping from $60 million to $800 million. Money is still pouring into the AI computing-power sector.
There’s plenty of activity in crypto infrastructure, too. CF Benchmarks launched the CFB oracle, bringing on-chain the data used to price BlackRock’s $BTC ETF and CME futures. Moving traditional financial data on-chain is a significant step. ENSv2 officially launched on Ethereum mainnet, introducing a hierarchical registry and a more granular permissions model. Individual domains can now function as independent on-chain registries, further strengthening the infrastructure of the $ETH ecosystem.
Institutional partnerships are worth watching. Ripple and Robinhood have formed a strategic partnership to expand the reach of RLUSD, giving retail and institutional trading platforms access to stablecoins and institutional-market infrastructure. That’s another compliant entry point for the $XRP ecosystem. Predicate closed an $8 million Series A led by Blockchain Capital, with participation from Paxos, 1kx, and Tribe Capital. Someone is seriously laying the groundwork for compliant on-chain financial products.
Keep an eye on on-chain activity. One trader opened a short position on 9,700 ETH using 25x leverage, at an average entry price of $2,311.92. The position is currently down $48,000, with take profit set at $2,058.20 and a partial stop-loss at $2,750.10. Getting the direction wrong with high leverage means bearing the risk yourself. Meanwhile, a whale transferred 3,084 ETH worth $7.17 million to Binance. The whale built the position in batches over four years and had previously staked the ETH on Lido. The expected profit is $928,000—this looks very much like a case of cashing out while ahead.
Sentiment on U.S. equities is looking upbeat. Storage stocks rose broadly, with WDC up 7.03% and STX up 5.69%. Emerging cloud-service players also gained: Nebius rose 11%, Coreweave 6.7%, and IREN 7.7%. The Nasdaq rose 0.47%. Syngenta Group advisers are planning an IPO targeting a valuation of at least $66 billion. Meta has slightly increased its stock financing plan to $97.5 billion, with the maximum financing amount potentially reaching $103 billion. META hasn’t eased up on its AI bet one bit.
One last reminder: even when the market looks great, don’t get carried away. Keep your leverage and position size under control. Where do you think capital will flow next—AI computing power or crypto infrastructure?
The AI and computing-power sectors are still running hot. Ant Ling has open-sourced the Ling-3.1-flash-1019 model weights and released Ling-3.1-flash-base as well. Both are now available on Hugging Face and ModelScope under the MIT license. With open-source releases coming this fast, competition in AI infrastructure is only going to get fiercer. Meanwhile, General Compute closed a $100 million Series A, with its post-money valuation jumping from $60 million to $800 million. Money is still pouring into the AI computing-power sector.
There’s plenty of activity in crypto infrastructure, too. CF Benchmarks launched the CFB oracle, bringing on-chain the data used to price BlackRock’s $BTC ETF and CME futures. Moving traditional financial data on-chain is a significant step. ENSv2 officially launched on Ethereum mainnet, introducing a hierarchical registry and a more granular permissions model. Individual domains can now function as independent on-chain registries, further strengthening the infrastructure of the $ETH ecosystem.
Institutional partnerships are worth watching. Ripple and Robinhood have formed a strategic partnership to expand the reach of RLUSD, giving retail and institutional trading platforms access to stablecoins and institutional-market infrastructure. That’s another compliant entry point for the $XRP ecosystem. Predicate closed an $8 million Series A led by Blockchain Capital, with participation from Paxos, 1kx, and Tribe Capital. Someone is seriously laying the groundwork for compliant on-chain financial products.
Keep an eye on on-chain activity. One trader opened a short position on 9,700 ETH using 25x leverage, at an average entry price of $2,311.92. The position is currently down $48,000, with take profit set at $2,058.20 and a partial stop-loss at $2,750.10. Getting the direction wrong with high leverage means bearing the risk yourself. Meanwhile, a whale transferred 3,084 ETH worth $7.17 million to Binance. The whale built the position in batches over four years and had previously staked the ETH on Lido. The expected profit is $928,000—this looks very much like a case of cashing out while ahead.
Sentiment on U.S. equities is looking upbeat. Storage stocks rose broadly, with WDC up 7.03% and STX up 5.69%. Emerging cloud-service players also gained: Nebius rose 11%, Coreweave 6.7%, and IREN 7.7%. The Nasdaq rose 0.47%. Syngenta Group advisers are planning an IPO targeting a valuation of at least $66 billion. Meta has slightly increased its stock financing plan to $97.5 billion, with the maximum financing amount potentially reaching $103 billion. META hasn’t eased up on its AI bet one bit.
One last reminder: even when the market looks great, don’t get carried away. Keep your leverage and position size under control. Where do you think capital will flow next—AI computing power or crypto infrastructure?