• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Artificial Intelligence: 1. The US will hold an AI summit in Lima, Peru on September 8. 2. British media: The Bank of England is investigating investment banks exposure to Asian stocks to avoid concentrated bets on AI. 3. OpenAI president responds to Apple lawsuit: We are highly innovative and do not need other company secrets. 4. OpenAI announces the launch of CHATGPT for academic researchers, which will be provided free of charge to 100,000 researchers. 5. OpenAI CFO: The companys annualized revenue in July exceeded the total for the entire second quarter. Other: 1. SpaceX wins a $1.6 billion contract from the US Space Force. 2. Metas revenue hits record highs, but AI costs drag down its stock price in after-hours trading. 3. Two major MLCC manufacturers raise prices: Samsung Electro-Mechanics to raise prices by 30% starting in August, and Taiyo Yuden to raise prices starting in September. 4. The US announces a letter of intent for $874 million in semiconductor R&D investment. 5. Yangtze Memory Technologies: The online claim that "all 19 claims of its core 3D NAND patent have been ruled invalid" is a seriously misleading description. 6. Microsofts Q4 revenue exceeded expectations at $90 billion, with Azure cloud revenue surpassing $100 billion for the first time. Microsoft expects first-quarter revenue of $90 billion and maintains positive free cash flow for the new fiscal year. A Ukrainian Interior Ministry advisor stated that Russia has launched a large-scale attack on Ukraine, targeting multiple cities, including Kyiv. Cruise missile strikes are expected soon.On July 30th, Microsoft (MSFT.O) CEO Satya Nadella emphasized that customers must have the ability to freely switch between different closed-source and open-source AI models. He told analysts on Wednesdays conference call that the number of Microsoft customers building with multiple models has quadrupled since the beginning of the year. "You have to separate your system framework from the models," Nadella said. "That means any particular model should be replaceable at any given time. You should also be able to use cutting-edge models. Theres no reason not to, but you can also use multiple models, right?" Microsoft has investments in both OpenAI and Anthropic, but last week signed an open letter with companies like Nvidia and Palantir supporting open models.Market news: Intel (INTC.O) has granted access to some technologies to startup RosaicLabs, whose CEO is a co-investor of Intels CEO in other companies.July 30th - On the evening of the 29th local time, Iraqi Armed Forces Commander-in-Chiefs spokesman, Sabah Numan, stated that the joint US-Saudi Arabian operation against Iraqi militias has hindered the investigation into previous attacks on Saudi Arabia. Numan said the Iraqi government has requested evidence of attacks on Saudi Arabia by armed forces originating within Iraq, but "no one has provided any." Iraqi security forces are developing plans to prevent attacks on the country and uphold Iraqi sovereignty. The Iraqi government rejects any aggression from outside Iraq and will not allow weapons to remain outside the states control.

Investor Hope for a Favorable Court Ruling Delivers XRP Price Support

Alice Wang

Aug 16, 2022 14:49

微信截图_20220816144236.png


XRP decreased on Monday by 0.13%. XRP fell by 0.63% on Sunday and finished the day at $0.3751.


As the day got off to a bullish start, XRP climbed to an early high of $0.3848. XRP declined to a low point in the late morning of $0.3660 after failing to surpass the First Major Resistance Level (R1) at $0.3871.


Before recovering in the late afternoon to close the day at $0.3751, XRP breached the First Major Support Level (S1) at $0.3690.


Updates on the current SEC v. Ripple lawsuit offered little assistance, while Chinese economic indices led to another session of declines.

Ripple momentum prior to the Hinman Docs Court Decision

In the continuing dispute with the SEC, Ripple obtained another victory. Judge Netburn granted Ripple's request on Monday for non-party subpoenas to be issued in order to verify seven recordings of public statements made by SEC officials.


Despite the fact that Bill Hinman was a former SEC Director, the SEC has yet to confirm or deny if he is the person in the video. The seven films in question include Bill Hinman's comments.


If it is confirmed that one of the seven is Bill Hinman, the Ripple defense team may have another avenue to attack Hinman and his 2018 address, which is now the focus of the case. Bitcoin (BTC) and Ethereum (ETH), according to the former SEC Director of the Division of Corporation Finance, are not securities.


Even though Ripple won, the decision had had a little effect on the price of XRP as investors awaited a more significant decision.


The SEC objected to a July Court decision that rejected its effort to rely on the attorney-client privilege to protect records relating to the William Hinman speech. The SEC objected on July 23, so a ruling might happen at any moment.