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Share link:In this post: A recent study by METR revealed that experienced software developers using AI tools like Cursor experienced a 19% increase in task completion time. Despite the slowdown, most participants continue to use AI tools, as they find the development process more enjoyable and less intensive. The authors and the participants continue to collaborate with AI, even though it is directly linked to recent layoffs in the tech space.
Share link:In this post: Crypto investment firm Keyrock claims that Bitcoin treasury companies do not have much influence on price action. This is mostly because most of the BTC holdings are sitting in cold storage and not being deployed for generating yield. Companies with Bitcoin holdings are trading at significant premium to their BTC value.
Share link:In this post: Nvidia CEO Jensen Huang will meet US President Donald Trump at the White House before a trip to China. The agenda for the meeting is undisclosed; both sides have stayed silent on details. Huang is pressing for eased US export restrictions to regain access to the Chinese semiconductor market.
K Wave Media secures $1 billion to strengthen its Bitcoin treasury strategy as part of its long-term financial roadmap.Bitcoin as a Strategic AssetInstitutional Adoption Continues to Grow
Ethereum Foundation reveals a bold new structure and focus on long-term ecosystem growth.New Organizational Structure to Power the VisionA Long-Term Commitment to Ethereum’s Success
HSBC tests e-HKD on major blockchains and launches Hong Kong’s first bank-led on-chain settlement service.First Bank-Led On-Chain Settlement in Hong KongBoosting Hong Kong’s Digital Finance Leadership
Nearly half of traders on Polymarket bet Bitcoin will hit $120K in July, signaling strong bullish sentiment.Strong Market Optimism Among TradersWhat’s Driving the Bullish Sentiment?Should You Believe the Hype?
- 05:33Spot gold rises above $3,340According to Jinse Finance, spot gold has risen by $7 in the short term, surpassing $3,340 per ounce, up 0.47% on the day. (Jin10)
- 05:28Market Report from a Leading Exchange: BTC Surpasses $117,000 This Morning, Setting a New All-Time HighOdaily Planet Daily News According to a market report from a certain exchange on July 11, the total market capitalization of the cryptocurrency market is approximately $3.64 trillion, up 4.85% from the previous day; BTC rose 5.62%, hitting a new all-time high for the second consecutive day. Yesterday, BTC ETF saw a net inflow of $387 million; ETH surged 7.64%. Driven by multiple favorable factors, ETH briefly broke through the 3,000 mark last night, reaching a high of 3,002.99 USDT. Yesterday, ETH ETF recorded a single-day net inflow of $42 million; altcoins generally rose, with the Fear and Greed Index temporarily at 67 today, indicating rising market sentiment. According to X Insight data from a certain exchange, the current crypto market sentiment is extremely optimistic, with a 24-hour market sentiment index of +65; overall social media sentiment in the crypto market is positive, with an average SSI of 68.75. ORDI and SEI led the gains, mainly driven by broad price increases, positive project developments, and bullish views from key opinion leaders, signaling an active altcoin season. The overall market alert level is extremely high (social anomaly rate at 100%), and investors are advised to be cautious of market overheating and high volatility.
- 05:28BANANAS31 surged 330% in the past 24 hours before dropping over 60% from its peak, now trading at 0.034 USDTAccording to Odaily Planet Daily, market data shows that BANANAS31 surged nearly threefold in the past 24 hours, reaching as high as 0.0827 USDT before plummeting to the current 0.034 USDT, marking a drop of over 60% from today’s peak.