Today's business
BTC price $78919.51, 0.25 per cent 24-hour increase
ETH price $2454.24, down 0.86 per cent 24 hours
The XRP price is $1.449, a decline of 2.02 per cent 24 hours.
BNB price $696.97, down 0.73 per cent 24 hours
SOL prices were $97,312, down by 0.16 per cent 24 hours.
TRX price of $0.33697, 2.14 per cent down 24 hours
The DOGE price was 0.08684, a decline of 3.09 per cent in 24 hours.
The HYPE price is $80.172 and the 24-hour increase is 2.9 per cent.
Public information developments
Barclay warned that the expansion of AI's infrastructure could put related transactions at political risk.
According to the Barclays strategy team, the rapidly expanding AI infrastructure is triggering a backlash among the U.S. bipartisan electorate, which could pose a political risk to the current hot AI deal. “Data centre construction is transforming AI from an abstract scientific story into a specific cost-of-living issue”, Barclay said. Even voters with limited access to AI are affected by higher electricity costs, water stress and the construction of community industrial facilities. EvercoreISI and BCA Research also warned that the build-up of electrical data centres was becoming a sensitive issue for the medium-term elections and that voters were increasingly dissatisfied with rising electricity costs. Barclay argued that, regardless of the outcome of the midterm election, AI transactions lacked a new upward catalyst and reminded investors not to assume that “the fast AI application of growth and a relaxed political environment can coexist in the long term”. The AI data centre index under the flag includes more than 40 companies, including microcomputers, Arista Networks and Microsoft, and associated stocks may face policy pressure.
The Central Bank of Korea (CBK) has been holding interest rate hikes this week, and the economy and inflation have remained strong.
This week’s Central Bank of Korea’s policy decisions may not come to an end until the last minute. A little over half of the economists expect that, given the stronger-than-expected economic growth and the persistence of potential inflation, the authorities will increase interest rates for the second consecutive time in order to maintain the policy lead. Of the 22 economists surveyed, 14 forecast that the Central Bank of Korea would raise the benchmark interest rate by 0.25 percentage points to 3 per cent on Thursday, while eight expect the authorities to maintain the same rate. In addition, the Central Bank of Korea will issue up-to-date projections, which are expected to support further tightening of monetary policy. Given the stronger-than-anticipated performance of exports and domestic demand, the Bank ' s economic growth projections for 2026 are expected to increase significantly from 2.6 per cent in May. Inflation projections may also rise from the 2.7 per cent forecast in May, reflecting increases in oil prices, currency devaluations, and signs of semiconductor boom-driven investment and consumption. If the bank maintains the interest rate, investors are likely to set an interest rate increase expected in October.
The American State Banking Association plans to establish a national block chain network
The American State Banking Association plans to establish a national block chain network in partnership with the Bank Chain Alliance in 39 states. The Bank Chain Alliance is expected to improve the efficiency, security and compliance of the banking sector through the integration of block-chain technology.
Spain proposes stricter data centre regulations
The Spanish Government plans to introduce stricter data centre regulations covering water, energy and network security. New requests have been incorporated into the draft decree and will be open to public comment this week. Spain has become a hot hub in Europe thanks to its abundant renewable energy and vast open spaces, attracting tens of billions of euros in AI infrastructure projects. The draft provides for the establishment of data centre operators within the EU, the retention of data and metadata processed in the EU and the establishment of mechanisms to control access to third countries. More stringent regulations will be introduced for centres dealing with data from public institutions or national security data.
The State Banking Association of the United States plans to launch the Bank Chain Alliance block chain network in 2027
The State Banking Association of the United States plans to launch the Bank Chain Alliance national block chain network in 2027, which will support the stabilization of currency, payments and tokenization of deposits within the framework of banking supervision.
Encryption dynamics
Bitwise launched 3 monetized equity portfolios with Coinbase and Gliter
Bitwise announced the launch of three monetized equity portfolios with Coinbase and Glider. This new product allows eligible non-United States investors to hold and automatically manage the portfolio of tokenized shares directly in their wallets. The product combines the portfolio design of Bitwise, the monetized stock of Coinbase and the automated functions of Glider, marking Bitwise's introduction of an automated stock portfolio into an encrypted wallet.
Encryption market mood index reached 81. Extreme greed.
The index of encrypted market sentiment reached 81, showing a high degree of greed.
HyperCore 7 days an average of 807,000 independent wallets a day, a record high.
According to hyperliquidnews, the average number of independent wallets per day in HyperCore reached 80.7 million per day, a record high.
Ledger has a serious security breach in his hardware wallet. Hole
Today, Ledger ' s hardware wallet was exposed to a serious security gap and became the latest affected equipment. The loophole was submitted by the user timmyxbt and the details have not yet been disclosed.
POSCO chains real trade receivables to Avalanche
The Korean trade giant, POSCO, announced that real trade receivables, valued at $22 billion, would be linked to the Avalanche block chain, which would be converted by artificial intelligence. It uses artificial intelligence to reconcile invoices, purchase orders, credit notes and transport documents and then converts receivables into digital assets in the chain. This was its second one-month pilot of the block chain, which was previously tested with LEG CNS in July. POSCO plans to explore cross-border settlements based on stable currency.
Views
Lance Vitanza: Possession of Bitcoin Treasury Company or better than spot ETF
According to early releasein A, TD Cowen analyst Lance Vitanza stated that he owned a well-functioning national bank of bitcoin, and investors could own three, four or even five bitcoins after 20 years.
The US-Middle East intelligence facility has been damaged by Iran, repairing or requiring billions of dollars.
Iran ' s missile and drone attacks have caused serious damage to United States intelligence stations and surveillance equipment in the Middle East, to a greater extent than any similar attack by United States intelligence agencies in the past, and the cost of repair is expected to reach billions of dollars. According to the source, the Iranian attack has forced the United States Congress to seek funds to repair the damaged facilities. At the same time, United States officials are re-evaluating the deployment of personnel and intelligence resources in the context of the rising threat of Iranian drones and missiles.
X Platform will launch the encryption trade button
Platform X announced that it would directly add a trade button for encrypted currency to the post. The former product leader, Nikita Bill, indicated that the functionality would be rolled out in the near future.
Small fluctuations in United States stock futures, investors' interest in key inflation reports and Nvidia financials
The United States stock futures were almost even on Tuesday night, and investors were waiting for United States key inflation data and Nvidia financial reports. The Dow Jones industry index average futures fell by 0.02 per cent, the Standard & Poor ' s 500 index futures did not change much, and NASDAQ 100 futures rose by almost 0.1 per cent. The main share is that, after rising, it was boosted by declining rates of return and falling oil prices. The Standard & Poor ' s 500 index rose by 0.3 per cent and the NASDAQ composite index by 0.7 per cent. The personal consumer expenditure price index will be issued in July at 8.30 a.m. on Wednesday, with a projected increase of 0.1 per cent over the ring and 3.6 per cent over the same period. Nvidia expects to issue its second quarterly financial report after the Wednesday closing, with a projected return of $2.10 per share on Wall Street and $9.218.8 million, all of which are twice as high as in the same period last year. The report could be the market ' s windfall, as Nvidia was the company with the largest market value in the Standard & Poor ' s 500 index, with a market value of over $5 trillion.
Korea's DRAM export prices increased by 401 per cent in August.
According to the Korean Daily Journal, the prices of South Korean DRAM exports continue to rise sharply, and AI-driven HBM production is crushing ordinary memory supplies. The data show that, from 1 to 20 January of this month, the single price of the Korean DRAM exports amounted to $921.83 million per kilogram, an increase of 401 per cent over the same period and about 12.5 times higher than the January 2023 low point. Goldman Sachs predicted that the DRAM supply gap would increase from 5.0 per cent this year to 5.9 per cent next year and considered that “HBMs for AI servers and DRAMs for high capacity servers are absorbing limited production capacity, resulting in a further tightening of the supply of regular DRAMs”. TrendForce expects that, by the end of next year, the crystal round input for HBM production from Samsung, SK Hercules and Mislight will account for 30 per cent of the total DRAM crystal round input, while HBM will account for only about 13 per cent of the actual DRAMbit supply. Memory manufacturers warned that the demand-driven supply of DRAM and NAND was likely to continue beyond 2027. According to SK Hercules, from the supply side, 2027 could be “the worst deficit year in the history of the memory industry”. Goldman Sachs expects that the supply shortfall may continue into 2028.