Cryptocurrency News

Morgan Stanley raised its price target on Chinese AI startup Zhipu by nearly 72% on Thursday, sending the stock up and capping a five-day run where the company gained over 37%. The bank says China’s AI industry is leaving the price war era behind. Analyst Gary Yu and colleagues raised Zhipu’s Hong Kong target from

Gold (XAU) futures on Binance recorded one of their strongest trading days in four months on Friday. The surge followed a July jobs report that missed expectations. The move came alongside a broader gold rally, which ended a four-month losing streak. Investors appear to be returning to the precious metal after months

South Korea’s financial regulators wanted to calm a volatile stock market as they cracked down on leveraged ETFs. However, they have made it more chaotic instead. Crackdowns on leveraged ETFs tied to Samsung Electronics and SK Hynix, which required retail investors to post higher cash deposits, did not cool

When Washington blocked China from buying advanced chips, the goal was to slow Beijing’s AI ambitions. It may have accelerated them instead. CXMT Corp, a memory chipmaker once dependent on foreign technology, debuted on Shanghai’s STAR Market last month and surged 466% in a single session. The stock eclipsed

The firm said whale accumulation near realized prices aligns with the late stage of a bear market.

The common view says open-weight AI is bad news for frontier labs like OpenAI and Anthropic. ARK Invest’s Cathie Wood argues the opposite. An open-weight AI model is one in which the creator releases the underlying parameters publicly. It allows anyone to download, run, and modify it on their own hardware without

Asian stocks edged higher Monday and the probability of a September US rate hike dropped sharply, giving global markets room to extend last week’s record run. The calm has one clear expiry date: Wednesday’s inflation report. Japan’s Nikkei and South Korea’s KOSPI added marginally as the new week began. The MSCI

Airbnb stock hit a four-year high on Friday, gaining 17% after its CEO made one of the clearest corporate arguments yet for what AI can actually deliver. Brian Chesky did not just claim AI mattered: he showed investors the number. Second-quarter revenue rose 17% to $3.61 billion, beating Wall Street’s estimate of

Institutions are concentrating liquidity into fewer tokens instead of spreading capital across the wider market.

Kraken is entering the final stage of its latest delisting cycle, giving holders of 21 tokens until August 27 at 14:00 UTC to withdraw their assets. Afterwards, the exchange begins automatically liquidating remaining balances into markets it warns may have limited or no liquidity. The scheduled delisting, first