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ETH Google Searches Hit Yearly High
ETH Google Searches Hit Yearly High

Google searches for "$ETH" just reached a yearly all-time high, signaling growing public interest in Ethereum.Ethereum Interest Spikes as Google Searches SurgeWhy Are People Suddenly Searching for ETH?What This Means for Ethereum’s Trajectory

Coinomedia·2025/08/17 03:05
Berkshire stuck below 200-day average for 6 weeks, longest stretch in 3 years
Berkshire stuck below 200-day average for 6 weeks, longest stretch in 3 years

Share link:In this post: Berkshire Hathaway stock has stayed below its 200-day moving average for six weeks, its longest slump in three years. Buffett’s firm cut $9.2B from Apple, trimmed Bank of America, and dumped its $1B stake in T-Mobile US. Berkshire invested $1.6B in UnitedHealth, even as the company faced a federal probe and CEO resignation.

Cryptopolitan·2025/08/17 01:30
Meta reshuffles AI unit for fourth time in six months
Meta reshuffles AI unit for fourth time in six months

Share link:In this post: Meta is planning its fourth reorganization of AI projects within just six months. The reorganization will take place under Superintelligence Labs. Meta aims to surpass rivals like Google, China’s DeepSeek, and OpenAI in the AI race.

Cryptopolitan·2025/08/17 01:30
Critics decry loyalty to Trump becoming a condition to do business in America
Critics decry loyalty to Trump becoming a condition to do business in America

Share link:In this post: President Trump has reportedly introduced a White House “scorecard” ranking over 500 companies by their loyalty to his administration. Firms with public support, such as Apple, Nvidia, AMD, Uber, and AT&T, have gained exemptions or lucrative deals. Trump’s unpredictable interventions across industries are creating major risks for investors.

Cryptopolitan·2025/08/17 01:30
Flash
23:04
US Dollar Index Rises 0.75% on 18th
On the 18th, the US Dollar Index surged by 0.75%, closing at 100.846 in the foreign exchange market.
23:04
Iran: Free Passage Through the Strait of Hormuz for 60 Days
On June 19, according to a report by the Islamic Republic News Agency on the 18th, Iran's Supreme National Security Council issued a statement saying that, based on a memorandum of understanding between Iran and the United States, vessels applying to pass through the Strait of Hormuz will be exempt from related fees for the next 60 days. The statement noted that according to Article 5 of the memorandum, commercial ships applying to transit the Strait of Hormuz must submit their applications to the Iranian Persian Gulf Strait Authority. During the 60-day period, no fees will be charged to vessels applying to pass through the Strait of Hormuz, with the costs covered by the Iranian government. Consequently, Iran has instructed the Persian Gulf Strait Authority to promptly review and respond to the relevant applications. The statement emphasized that given the current special circumstances and the existing safety risks in certain areas of the waterway, to ensure navigational safety and avoid maritime accidents, the relevant vessels must follow designated routes and specified times when passing through the Strait of Hormuz. (Xinhua News Agency)
22:53
The son of a U.S. senator is building a perpetual contract exchange and seeking joint regulation from the CFTC and SEC.
Jinse Finance reported that on June 19, Theodore Gillibrand, son of New York State Senator Kirstin Gillibrand, raised $30 million in funding for his perpetual contract trading platform, American Perpetuals Exchange Corporation (APEC), led by Lux Capital, with a valuation of approximately $300 million.According to a memorandum dated June 4, APEC plans to apply for a Designated Contract Market (DCM) license and is seeking special exemptions to list single stock perpetual contracts under joint regulation by the CFTC and the SEC. The two regulatory agencies are currently cooperating on regulatory coordination for emerging assets such as perpetual contracts.The memorandum notes that the lack of regulated perpetual contract trading platforms in the United States has not eliminated market demand but has instead pushed trading overseas. APEC also plans to apply for a Derivatives Clearing Organization (DCO) license to enable internal clearing. Theodore Gillibrand is a recent Stanford University graduate and has previously worked at Paradigm and a16z. His mother, Kirstin Gillibrand, is a key supporter of the crypto industry and has co-sponsored the GENIUS Act stablecoin bill.
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