According to Li Chao, vice director of the Policy Research Office at China's National Development and Reform Commission (NDRC), during the 15th Five-Year Plan period (2026-2030), the country will enhance alignment between computing power supply and demand, strengthening coordinated development of th

According to Hyperinsight monitoring on June 17, a new address on Hyperliquid opened a 30x leveraged short position on Nasdaq 100 in the past hour, currently holding 500 XYZ100 short contracts valued at approximately $15 million. The position was opened at an average entry price of $30,230 with a li

According to CCTV, on June 16, China's computing power network is entering a trillion-yuan investment cycle amid exponential growth in AI-driven demand for computing resources. China's total computing power capacity ranks second globally. Li Jianguo, deputy director of the Digital Technology and

According to PANews, U.S. federal judge Rita Lin dismissed xAI's lawsuit against OpenAI on June 16, ruling that the AI company failed to prove OpenAI induced former xAI engineer Xuechen Li to steal trade secrets or that secrets were disclosed during OpenAI's recruitment efforts. Judge Lin stated tha

According to LatePost, Alipay's internal AI overhaul project, codenamed "Baoji Plan," is set to launch soon and will iterate twice monthly. Led by Alipay Group President Li Jun, the project will serve Alipay's 1 billion user base with zero migration costs through a one-click toggle between the

According to CNBC's Jim Cramer, SpaceX debuted Friday (June 12) and closed at $161 per share, giving the rocket company a market value of roughly $2.1 trillion. Cramer said the successful offering could encourage other companies to tap the market soon, particularly artificial intelligence players li

Nasdaq Golden Dragon China Index rose 0.5% in today's session, while declining 0.4% for the week. Among Chinese tech stocks, JinkoSolar led gainers with a 6.5% increase, followed by Canadian Solar up 5.8%, ASM Pacific Technology up 4%, Li Auto up 3.9%, and New Oriental Education up 3.5%. Meituan

According to Onchain Lens, Huang Li-cheng's 25x leveraged ETH long position was partially liquidated on June 10, with cumulative losses approaching $35 million. He has closed most of his remaining position.

According to Coinglass data, the cryptocurrency market experienced $505 million in liquidations over the past 24 hours, with long positions accounting for $317 million and short positions $188 million. Bitcoin long liquidations reached $58.79 million and shorts $75.16 million, while Ethereum long li

According to Coinglass data cited by ChainCatcher, over $792 million in long and short positions were liquidated globally in the past 24 hours, with 185,102 traders affected. Long positions accounted for $611 million of liquidations, while short positions totaled $181 million.
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