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The well-known decentralized application data platform DappRadar has announced the cessation of operations due to financial unsustainability and issues with its business model. The price of its token, RADAR, has plummeted, and the decline in the GameFi and NFT industries has led to a sharp decrease in revenue. Summary generated by Mars AI This summary was generated by the Mars AI model; the accuracy and completeness of its content are still being iteratively improved.
BTC Volatility Weekly Review (November 10 - 17): Key indicators (from 4:00 PM Hong Kong time on November 10 to November 17...)
Technology stocks led by Nvidia have become a key reference signal for global capital allocation strategies.
While reflecting on the past decade of infrastructure development, Ethereum clearly outlined its key priorities for the next ten years at the developer conference: scalability, security, privacy, and institutional adoption.
Vitalik once said, "If there is no privacy transformation, Ethereum will fail."
While reflecting on the past decade of infrastructure development, Ethereum clearly outlined its key priorities for the next ten years at its developer conference: scalability, security, privacy, and institutional adoption.
This cycle will last longer than anyone expects.
- 16:22AI Boom Cools Down: US Tech Stocks Fall on Tuesday, Nvidia Earnings in FocusJinse Finance reported that U.S. tech stocks were sold off on Tuesday as investors' concerns about the high valuations of artificial intelligence companies intensified, while also preparing for Nvidia's earnings report this week. The tech-heavy Nasdaq fell about 1.8% at the open, and the S&P 500 index dropped about 1.2%. The core companies of this year's AI boom have become the biggest decliners on Wall Street at this stage. Nvidia (NVDA.O) once fell 3.5%, while Microsoft (MSFT.O), Amazon (AMZN.O), and Meta Platforms (META.O) all dropped about 3%. Joanna Cokelun, Chief Investment Officer at Schroders, said: "There is no doubt that we are entering the late-cycle stage of the market rally," pointing out "overvaluation" and a "bubble environment." Cokelun stated: "We still hold these stocks," but added, "At present, I do not recommend passively holding the AI-related sector." Jonas Goltermann, Deputy Chief Market Economist at Capital Economics, said: "The renewed sell-off in U.S. tech stocks makes Nvidia's earnings report even more closely watched, as it will determine the trajectory of the entire tech sector for the coming weeks and even the rest of the year."
- 16:17Odaily Airdrop Hunter 24-Hour Express Special Topic Selected Activities Articles Hot List Selected Opinions ODAILY Selected In-Depth ContentAccording to Odaily, economist Peter Schiff posted on X stating that the price of bitcoin has fallen below $90,000, a 28.5% drop from its all-time high, while the bitcoin price denominated in gold has dropped by about 40% as gold remains above $4,000. He claims that this relative decline exposes the fraudulent nature of the "digital gold" narrative and believes that investors involved will sell off.
- 16:15New crypto incubator Obex has raised $37 million to support yield-bearing stablecoins.According to ChainCatcher, market sources report that the new crypto incubator Obex team has raised $37 million to support the development of the next-generation yield-bearing stablecoin ecosystem led by Framework Ventures, LayerZero, and Sky. This initiative aims to invest in and fund projects that bring real-world asset collateralization strategies on-chain, introducing institutional-grade risk controls and underwriting practices to this rapidly evolving sector. Obex will become the latest capital allocator for Sky, providing funding to projects to help them scale from the protocol’s substantial reserves and generate returns through strategic approaches. The program will focus on stablecoins collateralized by high-quality real-world assets, with an emphasis on three core areas: computational credit (such as tokenized GPU infrastructure), energy assets (such as municipal-level solar and battery deployments), and lending to large fintech companies. The incubator will offer early-stage teams a 12-week program, providing funding, technical resources, and access to Sky’s infrastructure. Teams that pass risk and governance reviews may qualify for additional funding from Sky. Recently, Sky authorized the deployment of up to $2.5 billion USDS to Obex projects through a governance vote.