Bitcoin bulls favored in .6B BTC monthly options expiry, but bears still lurk

Bitcoin bulls favored in $22.6B BTC monthly options expiry, but bears still lurk

Bitcoin’s $22.6 billion monthly options expiry is led by the bulls but macroeconomic headwinds could give the bears a last minute advantage. Key takeaways: Bullish bets dominate the September Bitcoin options expiry, assuming BTC price holds the $110,000 support level. Despite higher demand for bullish bets, macroeconomic uncertainty keeps downside risks on the table. Read…

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Cannabis firm Flora Growth launches 1M treasury backing Zero Gravity

Cannabis firm Flora Growth launches $401M treasury backing Zero Gravity

Nasdaq-listed Flora Growth will rebrand to ZeroStack after raising $401 million to support 0G, a decentralized AI blockchain training 107B-parameter models. Nasdaq-listed cannabis firm Flora Growth has launched a $401 million treasury initiative to back Zero Gravity (0G), a blockchain project focused on powering decentralized AI infrastructure. The move comes through a private placement deal…

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Huawei announces new AI infrastructure as Nvidia gets locked out of China

Huawei announces new AI infrastructure as Nvidia gets locked out of China

Tech giant Huawei unveiled new AI infrastructure meant to help boost compute power and allow the company to better compete with rival chipmaker Nvidia.   At a keynote at its Huawei Connect conference on Thursday, Shenzhen, China-based Huawei announced new SuperPoD Interconnect technology that can link together up to 15,000 graphics cards, including Huawei’s Ascend AI chips, to increase compute power.  This tech seems to be a competitor for Nvidia’s NVLink infrastructure, which facilitates high-speed communication between AI chips.   Technology like this is critical for…

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Atlassian acquires DX, a developer productivity platform, for B

Atlassian acquires DX, a developer productivity platform, for $1B

Productivity software giant Atlassian is making its largest acquisition yet to add a developer productivity tool to its product suite.   Atlassian announced Thursday it has agreed to acquire the developer productivity insight platform DX for $1 billion in cash and restricted stock. Enterprises use DX to analyze how productive their engineering teams are and identify bottlenecks slowing them down. DX was launched five years ago by Abi Noda…

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