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Bitcoin sells off amid mounting macroeconomic uncertainty, but data shows pro traders clinging to their bullish price expectations. Key takeaways: BTC futures and options show stable investment sentiment despite the recent price correction. Macroeconomic uncertainty and the escalating US trade war reduce the odds of Bitcoin retesting its recent all-time high. Read more If you…
It appears the Trump administration has imposed new export controls on chip design software as it seeks to further undermine China’s ability to make and use advanced AI chips. Siemens EDA, Cadence Design Systems and Synopsys all confirmed that they have received notices from the U.S. Commerce Department about new export controls on electronic automation…
DeepSeek’s updated R1 reasoning AI model might be getting the bulk of the AI community’s attention this week. But the Chinese AI lab also released a smaller, “distilled” version of its new R1, DeepSeek-R1-0528-Qwen3-8B, that DeepSeek claims beats comparably sized models on certain benchmarks. The smaller updated R1, which was built using the Qwen3-8B model…
To comply with the U.S.’ restrictions on exporting advanced semiconductor technology to China, chipmakers NVIDIA and AMD will soon begin selling new GPUs made for AI workloads in China, Taiwanese tech publication Digitimes reported, citing supply chain sources. NVIDIA plans to sell a stripped-down AI GPU, code-named “B20,” while AMD is looking to target AI…
As Nvidia reports earnings for the first quarter of its fiscal year 2026, which closed on April 28, the company has released numbers on how the Trump administration’s recent chip-export restrictions are affecting business. Nvidia reported that it incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability to sell its…
Unitree director Wang Qixin says the robotics company used AI and motion capture to train the robots on real fight moves. Four artificial intelligence-enhanced robots have been put through their paces in a Chinese robot fighting competition, duking it out in kickboxing matches until one was declared the champion. The World Robot Competition Mecha Fighting…
Swedish health tech firm H100 rallied 37% on the news of its Bitcoin treasury plan as a Chinese EV retailer announced plans to buy 1,000 Bitcoin. Shares in Swedish health tech company H100 Group AB rose 37% after it said it purchased Bitcoin for the first time as part of a new strategy, while China’s…
Bitcoin is less than 5% away from making new all-time highs, and BTC futures markets look ready to support the rally. Key takeaways: Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations. Weak stablecoin demand in China and the limited use of futures…
US crypto funds marked their fifth consecutive week of positive inflows, fully recovering from a $7 billion sell-off in February and March. Crypto investment products in the United States have attracted over $7.5 billion worth of investment in 2025, with a fifth week of net positive inflows last week signaling growing investor demand for digital…
Hong Kong police have arrested 12 people tied to a $15 million crypto laundering operation, which was dismantled on the same day. Hong Kong police arrested 12 people involved in a cross-border money laundering scheme that relied on crypto and over 500 stooge bank accounts to launder HK$118 million ($15 million), local news outlets reported….