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Analyst Gaah cited CryptoQuant data stating that the Bitcoin cycle momentum indicator shows that the current bear market has not yet ended. This indicator has not risen above the neutral zone (0), so the bear market continues. The indicator has reached the -30 point range, which historically is a deep area for forming cyclical bottoms. Historically, this range (-30) has constituted a major support level for BTC. However, to confirm a trend reversal, the price must form a bullish pattern while the indicator breaks through the neutral zone.

Tianfeng International analyst Ming-Chi Kuo revealed that Google is deepening its collaboration with MediaTek on the TPU v9, developing an upgraded chip codenamed Triggerfish. It is reported that MediaTek has exclusively obtained this high-value order. The new chip is positioned as a v9 variant with stronger inference capabilities, primarily targeting the AI Agent and reinforcement learning fields, aiming to address CPU and memory bottlenecks in the computing process.In terms of technical specifications, Triggerfish's SRAM capacity has increased by 2 to 3 times compared to the basic version (Humufish), with the addition of dedicated analog chips for reinforcement learning and AI Agent collaboration, and memory upgraded from HBM4 to HBM4E. Kuo expects that while the basic version chip maintains a shipment expectation of 4 to 5 million units, Google has added 1 to 2 million new orders for Triggerfish. The chip is expected to enter production by the end of 2027 and achieve mass production and shipment in 2028, with a unit price approximately 30% higher than the basic version, likely becoming a new driving force for MediaTek's business growth in 2028.

On-chain data shows that assets under Coinbase have become the most important source of traffic for the decentralized lending protocol Morpho. USDC and cbBTC together account for 53% of total deposits on the Morpho platform, with Coinbase users contributing 83% of cbBTC deposits and 59% of USDC deposits. The lending side is also highly dependent on the Coinbase ecosystem. Of the $2.3 billion USDC loans on the Morpho platform, approximately $1.2 billion comes from Coinbase users using cbBTC as collateral, accounting for more than half.Analysts point out that a deep symbiotic relationship has formed between the two: Coinbase takes on the role of user acquisition and asset flow, while Morpho acts as the yield layer that brings these assets into on-chain operations. This case once again confirms that in the crypto industry, the moat of distribution channels is often stronger than the technology itself.

DeepSeek has officially launched the web version of its image recognition mode, while the app is still in the internal testing phase. From a functional perspective, the newly launched image recognition mode is still in its initial stage. The reporter used a photo of DeepSeek founder Liang Wenfeng multiple times to test the model, which, after a few minutes of processing, provided several incorrect answers and ultimately admitted, "I am really not sure. I do not recommend guessing names, as guessing wrong is worse than saying 'I don't know.'"In tests conducted by other netizens, when faced with a photo of founder Liang Wenfeng, DeepSeek even misidentified him as Yang Zhilin, the founder of Moonlight Dark Side, and a "younger version" of Ma Huateng. It is worth noting that just before the launch of the image recognition mode, DeepSeek was reported to have finalized its first round of financing exceeding 50 billion yuan. According to market news, the core investment terms for DeepSeek are: whether for large companies or VC funds, Liang Wenfeng's most important requirement is: do not poach DeepSeek's people or suggest they start their own businesses. The reporter inquired with insiders at DeepSeek about this situation and learned that this statement is basically true.

According to a report by Fortune, Yat Siu, co-founder and executive chairman of Animoca Brands, stated during an interview at the SuperAI Summit in Singapore that Asia will lead in the innovative integration of artificial intelligence (AI) and blockchain technology, ahead of the West. He pointed out that the crypto communities in Europe and America often tend to separate cryptocurrencies from AI, while the Asian market is more accepting of the combination of these two digital assets and technologies.Siu emphasized that AI and blockchain are closely connected at a fundamental level. To truly empower AI, it must be given access to funds so that it can conduct secure autonomous transactions on behalf of users, and blockchain is the infrastructure that can achieve this goal on a large scale. He predicts that in the future, there could be as many as 200 billion AI agents put into operation, and these agents will naturally tend to choose on-chain transactions that are faster and much cheaper for commercial interactions, rather than relying on traditional credit card payment networks that charge higher fees.

According to a report by Reuters, informed sources revealed that the U.S. government has currently postponed adding Chinese AI startup DeepSeek, memory chip manufacturer Changxin Storage (CXMT), and more than 100 other companies marked as "national security risks" to the U.S. Department of Commerce's trade blacklist (entity list). The report pointed out that this move by the Trump administration aims to avoid escalating tensions with Beijing.It is reported that the aforementioned companies had already received approval for inclusion from the U.S. interagency committee last year, but the Department of Commerce has not publicly announced any new additions to the entity list since October of last year, marking the longest update stagnation period in over a decade. In addition, some other Chinese companies marked as potential sanction targets for allegedly providing equipment related to Russian drones, selling restricted Nvidia chips to Chinese universities, or manufacturing unmanned devices for the Chinese military have also not been formally included on the list.

According to The Information, DeepSeek has completed a record financing of over $7 billion, valuing the company at over $50 billion in this round of financing.In terms of funding sources, founder Liang Wenfeng personally invested 20 billion yuan, Tencent invested 10 billion yuan, CATL invested 5 billion yuan, and JD.com, NetEase, and IDG Capital each invested 3 billion yuan. The only exception is the National Artificial Intelligence Industry Investment Fund of China, which directly invested 1 billion yuan in DeepSeek, not only holding voting rights but also not subject to a 5-year lock-up period. Aside from the national-level fund, external investors have no voting rights and can only access specific financial information and enjoy priority investment rights in subsequent financing.The new round of financing marks a significant shift in DeepSeek's operating model. Since its establishment in 2023, DeepSeek, as the AI team under Huansquare Quantitative, has relied on its own funds for operation and has maintained research independence due to a lack of commercialization pressure. However, under pressure from funding and talent retention, Liang Wenfeng and the team initiated financing in April and conducted strict due diligence on the limited partners behind the investors to prevent equity from falling into the hands of unknown investors.

Bitget announced that it has officially completed the registration as a Virtual Asset Service Provider (PSAV) with the National Securities Commission (CNV) of Argentina, becoming one of the compliant registered virtual asset service entities in the country.Argentina is one of the most active cryptocurrency markets in Latin America. Industry reports indicate that nearly 20% of the local population is using digital assets, and over 15,000 businesses support cryptocurrency payments. As the demand for financial infrastructure and access to global markets continues to grow, Argentina has become an important strategic market for digital asset platforms.Bitget CEO Gracy Chen stated, "The regulatory framework for digital assets in Latin America is continuously improving. Completing the PSAV registration will help Bitget establish a more long-term local market foundation in Argentina and provide local users with a compliant and secure service experience."

The globally leading digital asset trading platform Gate collaborates with the University of Wollongong in Dubai to host an online Web3 workshop. Through industry sharing, career development exchanges, and simulated trading practices, the workshop provides students with an open course focused on the cutting-edge developments in blockchain and the digital economy.During the event, the Gate team shared insights on topics such as the basics of blockchain, the integration trends of AI and blockchain, industry talent demands, and career development paths. They also introduced the current state and future opportunities of the digital asset industry in conjunction with real business scenarios. In the interactive exchange session, students actively asked questions about industry trends, innovations in digital payments, and career planning, receiving a positive response from the audience. In the simulated trading competition, students experienced the operational mechanisms of the digital asset market through practical exercises, combining classroom knowledge with real-world operations.This collaboration not only provides students with opportunities to engage with cutting-edge technology and industry practices but also further promotes the communication and connection between higher education and industry demands. As a leading platform in the industry, Gate continues to foster communication and collaboration between academia and industry. Its founder and CEO, Dr. Han, has also been invited multiple times to visit campuses to share insights on blockchain, industry innovation, and trends in the digital economy. By deepening the integration of industry and education practices, Gate is injecting more youthful energy into the long-term innovative development of Web3 and the digital economy.

According to the on-chain analysis platform CryptoQuant, the Bitcoin "Profit Supply Percentage" indicator is approaching the critical threshold of 45%. Historical data shows that this level is usually associated with periods of high market pressure and significant capitulation risk. In contrast, during bull market peaks, this indicator often exceeds 90%. Current data indicates that a large number of Bitcoin holdings have shifted from profit to loss, and the market is undergoing a deep expectation reset rather than being in an exuberant phase.From an on-chain perspective, profit compression often drives the chips to migrate from weak hands to long-term holders, which may exacerbate short-term volatility. However, historically, such redistribution processes help form a healthier market structure, and long-term accumulation opportunities may be emerging.

According to Jinshi reports, Nvidia CEO Jensen Huang stated that the company's new Vera central processing unit will use SK Hynix memory chips, and the two companies expect to expand their cooperation in the coming year.Jensen Huang told reporters outside a restaurant in Seoul on Sunday that he had dinner that day with SK Group Chairman Chey Tae-won, SK Hynix CEO Lee Seok-hee, and executives from SK Telecom. He said, "Our collaboration with SK Hynix this year is very large, and we are preparing for even larger-scale cooperation in the second half of this year and next year. We launched the Vera CPU, which is a revolutionary central processing unit, and it will also use SK Hynix's DRAM memory." Vera is Nvidia's first standalone data center microprocessor, which will directly compete with Intel's Xeon series, AMD's EPYC chips, and Amazon's self-developed Graviton chips.Jensen Huang arrived in South Korea on Friday to visit partners and suppliers, and plans to meet with Samsung Electronics Vice Chairman Lee Jae-Yong on Monday, as well as senior executives from Hyundai Motor Group and LG Group. He also mentioned that discussions are ongoing with telecom companies, as future telecom networks will be used for artificial intelligence applications.

DeepSeek plans to raise approximately $7 billion in its first round of financing, with a valuation of up to $59 billion. Tencent and CATL will become DeepSeek's largest external investors; NetEase and JD.com also plan to participate in the investment.

The cryptocurrency exchange Deepcoin announced that it has been approved for an official license as a Bitcoin Service Provider (BSP) issued by the Central Reserve Bank of El Salvador (Banco Central de Reserva), allowing it to provide regulated Bitcoin-related services under the local compliance framework, including Bitcoin custody, Bitcoin trading, and Bitcoin-related exchange services.El Salvador is the first country in the world to establish Bitcoin as legal tender. The BSP license issued by its central bank directly connects the dual currency system of the US dollar and Bitcoin, and adopts international banking-level high standards for review in international anti-money laundering (AML/CFT) and risk control frameworks. This endorsement by a sovereign nation's legal currency, combined with a very high technical threshold, gives the BSP license significant industry value.Previously, only a few global trading platforms, such as Binance and Bitfinex, had passed this rigorous compliance review. Deepcoin's successful approval means that its technical security and compliance governance have reached the standards of leading international platforms and have received the highest recognition from sovereign regulatory authorities.Having been deeply involved in the industry for many years, Deepcoin has always adhered to the principle of "compliance first." In the future, Deepcoin will strictly operate within the regulatory framework, accelerating the expansion into emerging global markets, and providing local and global users with safe, robust, transparent, and innovative trading services.

According to Cointelegraph, Bitcoin fell to a nearly two-month low on Tuesday, as the divergence between cryptocurrencies and traditional stock markets continued to deepen. Bitcoin briefly dropped to $70,023 on Coinbase, the lowest level since April 7, with a daily decline of over 4% and a weekly decline of 8%, down 44% from the October peak of $126,000.Meanwhile, the S&P 500 index set a new historical high of over 7,600 points on Monday, and the Nasdaq index peaked above 27,000 points. Andri Fauzan Adziima, head of research at Bitrue, stated that Bitcoin is currently the only major asset in a downtrend, and this divergence is worth noting, indicating that Bitcoin resembles a high-beta risk asset linked to macro sentiment rather than an independent hedging tool.Santiment noted that the gap between traditional stocks and cryptocurrencies has become hard to ignore, leading investors to increasingly prefer stocks over Bitcoin and altcoins, with capital often rotating from crypto to the stock market. However, Santiment pointed out that this pattern will not last forever; when mainstream influencers begin discussing the dominance of stocks, it usually indicates that market sentiment is overly biased towards stocks, and market trends often move contrary to the expectations of most traders.

LBank has deeply integrated RootData data in the trading page update. Users can now view project introductions, financing, team members, calendar events, and other data through the currency detail page, allowing users to understand project information more clearly and accurately when investing, reducing information barriers and noise.Currently, the cumulative partners of the RootData API have exceeded 200, including Binance, OKX Wallet, Gate, HashKey Exchange, TokenPocket, Ethereum Foundation, CertiK, Blockworks, Amber Group, CMT Digital, CoinPost, BlockBeats, Minara AI, and others, covering various application scenarios such as exchanges, wallets, security audit companies, institutions, data information platforms, AI products, and media.

Two informed sources revealed that CATL plans to participate in the financing activities of the domestic artificial intelligence company DeepSeek. DeepSeek's first round of financing aims for approximately 50 billion yuan, which may be completed as early as next month, and after the transaction, the company's valuation may exceed 350 billion yuan. JD.com and NetEase have also been reported to be in talks to invest, but the final investors and amounts may still be adjusted.In recent years, CATL has been accelerating its layout in the AI data center infrastructure business. In addition to power batteries, it also provides backup power batteries and energy storage systems for data centers. Earlier this month, a CATL affiliate invested $942 million in GDS Holdings and invested in the power supply system manufacturer Zhongheng Electric.Reports indicate that DeepSeek has built its own data center in Inner Mongolia and is currently recruiting data center operations and maintenance personnel in Inner Mongolia. Due to the rapid growth in AI computing power demand, the demand for energy storage and stable power supply in data centers has also increased, allowing CATL to further enter the AI infrastructure track.Previous reports stated that DeepSeek's current round of financing has attracted attention from several Chinese capital sources, including the national AI investment fund and technology giants. DeepSeek has not yet achieved large-scale revenue, but its low-cost open-source model has already created competitive pressure on companies like OpenAI and Anthropic.