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Kun Lee
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In the past 24 hours, the entire network has liquidated 581 million US dollars, mainly long orders According to Coinglass data, the total network liquidation in the past 24 hours was $581 million, of which $446 million was long position liquidation and $135 million was short position liquidation. $BTC $ETH $SOL
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Biden plans to tighten AI chip export controls before leaving office Odaily reports that the Biden administration in the US plans to impose new restrictions on the export of artificial intelligence chips, including those made by Nvidia (NVDA.O), before leaving office. According to sources, the US aims to restrict the sale of AI chips used in data centers, with the goal of concentrating AI development in friendly countries and aligning global companies with US standards. As demand for AI technology surges, this move will expand semiconductor restrictions to most parts of the world. Sources say the new regulations will establish three-tier restrictions on chip transactions, potentially as early as this Friday. Following this news, Nvidia, AMD (AMD.O), and others saw declines in after-hours trading on the US stock market. $BTC $ETH $SOL
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Fed meeting minutes: The U.S. economy grew steadily last year, while foreign economies grew weakly in Q4 1. The minutes of the Federal Reserve meeting on January 9 indicated that the real GDP of the United States is expected to continue to grow steadily in 2024. Since the beginning of 2024, the labor market situation has eased somewhat, but the unemployment rate remains low. The inflation rate of consumer prices is lower than the same period last year, but still slightly higher. 2. Staff believe that the strikes and hurricanes in October restrained employment growth, but after these effects subsided in November, employment growth was similarly boosted. In the third quarter, foreign economic growth accelerated, particularly in the euro area and Mexico. However, recent economic indicators show that the growth momentum of foreign economies has weakened significantly in the fourth quarter, with sluggish manufacturing activity and weak private consumption spending. 3. Inflation in foreign economies continues to ease. In most developed economies, the overall inflation rate has slowed to near or below the target level, mainly reflecting the pass-through effect of the decline in energy prices earlier this year. However, in some of these economies, the inflation rate in the service sector remains relatively high. $BTC $ETH $SOL
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In the past hour, the entire network has liquidated 27.3892 million US dollars, mainly short orders According to Coinglass data, the total network liquidation in the past 1 hour was $27,389,200, of which $5,028,700 was long position liquidation and $22,360,500 was short position liquidation. $BTC $ETH $SOL
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An address bought $63,000 worth of LLM early on, and the current position value has risen to $1.3 million Odaily Odaily reported that according to Arkham monitoring, a certain address starting with DxjmH bought $63,000 worth of LLM within 3 hours after it went online on LLM, and the current position value has risen to $1.3 million. $BTC $ETH $SOL
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