cp

The cryptocurrency trading platform CoinUp announced the upgrade of its native platform token CP to a new ecological core token CPX. The new token CPX will officially launch on June 9, 2026, at 20:00 Beijing time.It is reported that this upgrade aims to expand the application scenarios of the token from a single exchange to the entire ecological business. After the upgrade, CPX will be deeply integrated with CoinUp's Alpha ecosystem, prediction markets, AI token market infrastructure, and U card payment system, and will introduce a buyback and burn mechanism based on the platform's overall business revenue.Regarding asset exchange arrangements, CoinUp will establish a self-decision window period from June 5, 12:00 to June 7, 20:00 Beijing time, during which the CP trading market will only support selling functions and initiate price floor protection. After the window period ends, any untraded CP will be automatically exchanged for CPX at a ratio of 1:1.2. The exchanged CPX will enter a locked account and will be released in a phased linear manner, unlocking 3% each week for the first 16 weeks, and 5% each week starting from the 17th week until completion.

The "New Stock God" Serenity published an analysis stating that as Co-Packaged Optics (CPO) technology is expected to enter large-scale deployment in the second half of 2027, Sivers Semiconductors (SIVE) may play both a bottleneck and a key node role in the industry.It pointed out that there are signs of tight supply for Continuous Wave (CW) lasers. Affected by previous orders from NVIDIA, the capacities of companies such as Sumitomo Electric, Furukawa Electric, and Win Semi are highly saturated. Meanwhile, Sivers, which adopts a fab-lite model, has effectively secured a significant amount of CW laser supply by locking in capacity with foundries like Win Semi in advance.The analysis believes that multiple CPO routes, including ASIC projects from Ayar Labs, Jabil, Marvell Celestial, and other large-scale cloud providers, are highly dependent on Sivers' laser solutions, lacking mature alternative sources in the short term, which positions it as a structural "bottleneck" in the entire ecosystem.Additionally, Sivers is the default reference laser design solution for GlobalFoundries, with relevant ecosystem participants including AMD and several CPO chip suppliers. Aside from vertically integrated companies like NVIDIA and Broadcom, most ASIC and commercial CPO projects are likely to revolve around Sivers.Serenity expects that as the CPO market size grows from nearly zero to between $81 billion and $91 billion in about a year and a half, Sivers is likely to replicate Lumentum's growth path and may grow into a company with a market value of around $75 billion in the coming years. However, the above views only represent the personal judgment of market analysts.

According to QCP Capital's latest market report, Bitcoin has fallen approximately 11.6% this week, continuing to be under pressure. Market sentiment has been affected by the rare news of Strategy selling 32 BTC, although the sale size was only about $2.5 million, which had almost no substantial impact on its holdings of over 840,000 coins. However, it broke the long-standing market expectation of Strategy's "never selling coins," weakening the confidence of some investors.On a macro level, the situation is also unfavorable. The escalation of the Middle East situation and the stagnation of US-Iran negotiations have driven oil prices up, with the risk premium in the Strait of Hormuz being re-emphasized. Meanwhile, US job vacancy data was stronger than expected, reducing the market's bets on a short-term rate cut by the Federal Reserve and reinforcing the expectation of "higher rates for longer." The options market shows a significant increase in defensive sentiment. The 30-day at-the-money implied volatility (ATM IV) rose to about 41.4%, with a weekly increase of about 7 volatility points. The risk reversal indicator remains biased negative, with a short-term inverted yield curve reflecting strong demand for downside protection in the market.QCP believes that the current market is not in a panic sell-off but is re-pricing downside risks. Weak spot demand, rising oil prices, increasing real interest rates, and macro uncertainty are collectively suppressing the performance of risk assets. Meanwhile, AI concept stocks and large tech companies continue to attract significant capital inflows, further diverting risk appetite from the crypto market. QCP points out that if BTC cannot regain a foothold in the $67,000 to $68,000 range, the rebound may still face significant selling pressure. The current market is more inclined to purchase downside protection rather than actively increase risk exposure, as investors await a clearer direction from the macro environment between the paths of "soft landing" and "high inflation, high interest rates, low liquidity."

According to CoinDesk, Coinbase's Ethereum Layer 2 network Base has launched an AI integration tool called Base MCP, which allows users' Base accounts to connect to AI clients such as ChatGPT, Claude, and Cursor. Users can complete transfers, token exchanges, check balances, view transaction records, and interact with DeFi applications through natural language.

According to official news, Base MCP has officially launched. Users can connect their Base accounts to the AI interface to execute exchanges, transfers, track portfolios, and participate in the Base ecosystem through chat. The service supports Morpho, Moonwell, Aerodrome, Bankr, Avantis, Virtuals, and Uniswap from the start, covering areas such as lending, exchanges, and perpetual contracts.Users can install and use the Base account for authentication through AI clients that support MCP. All transactions initiated by the AI agent require user manual confirmation or cancellation. Base MCP is built on the OAuth 2.1 standard for authentication, generating wallet request links through the storage request feature, and the MCP server does not hold or access user private keys.

NVIDIA CEO Jensen Huang stated during the earnings call on Wednesday that the company's newly launched Vera CPU opens up a previously untapped $200 billion total addressable market (TAM) for NVIDIA. Vera was released in March this year and is positioned as the world's first CPU designed specifically for agentic AI.Huang explained that the cognitive part of AI models relies on GPUs, but AI agents primarily run tasks on CPUs. Vera is designed to process tokens as quickly as possible, differing from traditional cloud architectures that focus on multi-instance parallelism in CPUs.This quarter, NVIDIA set another record with revenue reaching $81.6 billion, and the guidance for the next quarter is $91 billion. Huang revealed that the standalone Vera CPU has already generated $20 billion in sales this year. He predicts that there will be billions of AI agents globally, which will use tools just like humans use PCs, driving enormous demand for CPUs. Huang stated that every major hyperscale company and system manufacturer is collaborating with NVIDIA to deploy Vera.

According to GoPlus monitoring, the hacker group TeamPCP claims to have obtained the source code from about 4,000 private repositories within GitHub and is selling it for $50,000 on underground forums, offering sample verification. If no one buys it, this batch of data may be publicly released for free later.Previously, GitHub officials confirmed that they are investigating the issue of "unauthorized access to internal repositories," suspecting that malicious VS Code/AI Coding plugins were installed on GitHub employee devices.

According to event records, CoinUp made its debut at Coinfest Asia 2025 held in Nuanu Creative City, Bali, Indonesia from August 21 to 22, 2025, with the theme of HOT CP and Cold Vault. The event attracted over 12,000 blockchain developers, investors, and Web3 enthusiasts from more than 90 countries, and CoinUp gained attention through on-site experiences and platform value demonstrations.At the exhibition area, CoinUp set up an ice cream booth and interactive peripheral activities, attracting a queue of visitors and becoming a popular check-in spot. The team showcased the progress of Cold Vault in asset security, reserve transparency, and custody capabilities through display boards and one-on-one consultations, conveying the platform's commitment to compliance and robust operations. The event also included balloon drops and a lottery segment, with prizes including limited-edition peripherals and platform rights.Coinfest Asia 2025 was hosted by CoinPost, and the CoinUp booth provided outdoor charging stations and on-site consulting services. There were no specific restrictions or future planning information during the event, and market reactions were characterized by the active performance of the platform token.

According to QCP Capital analysis, BTC is currently consolidating around $82,000, close to the 200-day moving average, with $80,000 support holding steady, but the $84,000 resistance above has not yet been broken. The core CPI for April year-on-year is 2.8%, slightly above expectations, mainly driven by housing costs (owner's equivalent rent), while core goods inflation remains sluggish, and the transmission of tariffs has not yet fully spread.Core services (excluding housing) inflation has accelerated for three consecutive months, combined with China's PPI turning positive for the first time in 41 months, the global commodity deflation dividend may be fading, and the threshold for the Federal Reserve to cut interest rates has been raised further. The market is currently focused on three major catalysts: the meeting between Trump and Xi Jinping in Beijing (involving trade, rare earths, and Middle East issues), the release of PPI data, and the Senate Banking Committee's review process of the CLARITY cryptocurrency regulatory bill. Before these catalysts materialize, spot prices may continue to fluctuate within a range, with volatility remaining low.

According to Gate market data, at the opening of the US stock market, the Dow Jones Industrial Average fell by 0.03%, the S&P 500 index fell by 0.32%, and the Nasdaq Composite Index fell by 0.71%. Star tech stocks generally declined, with Intel (INTC.O) down more than 4%, Qualcomm (QCOM.O) down nearly 4%, and ASML (ASML.O) and Micron Technology (MU.O) both down by 2.5%.

According to Jinshi, the seasonally adjusted Consumer Price Index (CPI) in the United States for April was 0.6%, in line with market expectations, and the previous value was 0.9%.

According to Jinshi reports, the seasonally adjusted core CPI for the U.S. in April was 0.4%, higher than the market expectation of 0.3%, and the previous value was 0.2%.

According to Jinshi, the seasonally adjusted core CPI year-on-year rate in the U.S. for April was 2.8%, higher than the market expectation of 2.7% and the previous value of 2.6%.

According to Jinshi reports, the U.S. April seasonally adjusted CPI year-on-year recorded 3.8%, the highest since May 2023, exceeding market expectations of 3.7%.

According to CoinDesk, the cryptocurrency market has temporarily stalled before the release of the U.S. April CPI data. Bitcoin has recently been oscillating in the range of $80,000 to $82,000, failing to effectively break through since last Wednesday.The market believes that although capital flows still indicate a potential for a subsequent breakthrough, inflation and macro risks are suppressing risk appetite. The U.S. will release the April Consumer Price Index (CPI) at 8:30 PM Beijing time tonight. FactSet data shows that the market expects the April CPI to rise year-on-year to 3.7%, up from 3.3% in March. If the forecast is realized, it will mark the largest increase since January 2024 and is significantly higher than the average of 2.7% over the past 12 months. The core CPI is expected to rise year-on-year to 2.7%, up from the previous value of 2.6%.Analysts are concerned that if the inflation data exceeds expectations against the backdrop of high oil prices and Trump's statement that the U.S.-Iran ceasefire is "extremely fragile," it may further trigger market risk aversion, dragging down the performance of risk assets.Lukman Otunuga, head of market research at FXTM, stated that the current market is entering a sensitive phase where geopolitical issues, inflation risks, and central bank expectations are intertwined. High oil prices, uncertainty regarding the situation in Iran, and key U.S. economic data may lead to increased volatility in commodities, exchange rates, and global stock markets.In addition to macro factors, XRP and SOL are also approaching key supply zones again. XRP tested $1.50 today but has failed to break through this level multiple times since February of this year; SOL is once again nearing the resistance level around $97.Meanwhile, institutional interest in related assets is heating up. The U.S. spot XRP ETF recorded a net inflow of $25.8 million on Monday, reaching a new high since January 5; Bitcoin and Solana ETFs also maintained net inflows, while the Ethereum ETF saw a net outflow of $16.9 million.

According to Jinshi reports, Danske Bank analyst August Hyldgaard stated in a report that Tuesday's U.S. consumer inflation data may reinforce the Federal Reserve's wait-and-see stance. "If the data exceeds expectations on the upside, along with strong labor market data, it will keep the Federal Reserve in its current wait-and-see mode."

According to Jinshi News, Matt Hornbach, the global macro strategy chief at Morgan Stanley, stated that the U.S. inflation data for April is expected to be quite "hot," which will be the first in a series of data this week and will ultimately constitute the core PCE price index that the Federal Reserve is most concerned about.Hornbach pointed out that companies may not necessarily pass on inflationary pressures to consumers, and currently, companies are facing pressures such as rising energy costs and the costs of building AI infrastructure. Therefore, the bank still predicts that the Federal Reserve will maintain interest rates unchanged this year.

According to Jinshi reports, the year-on-year increase of the U.S. April CPI is expected to be 3.7%, the largest increase since September 2023, compared to a year-on-year increase of 3.3% in March. The core CPI, excluding food and energy prices, is expected to rise by 0.3%, which may be rounded to 0.4%. The U.S. Bureau of Labor Statistics is expected to make a one-time adjustment to rents. Lou Crandall, chief economist at Wrightson ICAP, stated that this will lead to a significant catch-up effect, with the core CPI increase expected to rise by about 0.1 percentage points.

According to Jinshi, the U.S. April CPI report will be released tonight at 8:30. Influenced by soaring gasoline prices and housing inflation, the overall CPI year-on-year growth rate may reach a three-year high. The market is focused on the policy direction of the next chairman of the Federal Reserve, as well as potential fluctuations in the gold and silver exchange markets.