Cardano (ADA), the 10th-largest cryptocurrency, is holding firm at the key $0.8 level, fueling momentum toward the $1 milestone.
Bitcoin price fell after weaker-than-expected US jobs data, triggering a short-term correction as traders moved to safer assets. Analysts still view a potential Q4 Bitcoin rally to $185,000 as feasible,
Oil producers are in panic mode. Chevron, BP, ConocoPhillips, Aramco, and Petronas have started slashing jobs, cancelling drilling projects, and offloading assets as crude prices keep falling. The cuts started after Brent tumbled from its post-invasion highs and OPEC+ made a weekend decision to ramp up production, ignoring warnings of oversupply. According to the Financial Times, the world’s top oil and gas companies are now moving faster than they did during the 2020 crash. Tens of thousands of workers are being kicked out. Spending is frozen. Some projects have been shelved, others are being dumped entirely to balance the books. Chevron and BP cut jobs as crude prices collapse Chevron and BP have already laid off thousands of workers. At the same time, both companies are racing to find tens of billions more in cost savings. Spending plans are being pulled back. Ongoing projects are either being paused or listed for sale. ConocoPhillips followed them last week, cutting more staff as US shale producers struggle to stay alive under lower prices. The US shale sector is getting hit the hardest. Every high-cost operation is bleeding cash. Brent crude is trading below $66 a barrel, and firms can’t break even, let alone pay dividends and repurchase shares. BP has already scaled back its buybacks. Morgan Stanley said in a note that more oil majors will follow. Even state-run companies aren’t immune. Saudi Aramco just sold a $10 billion stake in its pipeline network to raise cash. Malaysia’s Petronas has slashed 5,000 jobs. Basically, no one is safe, no matter how big they are. Everyone’s trying to stay afloat, not expand. Crude prices have dropped nearly 50% since their peak after Russia’s invasion of Ukraine. But instead of dialing back, OPEC+ decided to push even more oil into the market. That decision, made over the weekend, will add more pressure to prices. The cartel, which had previously been cutting output to protect prices, has now flipped. For five straight months, they’ve focused on regaining market share, even if that means drowning the US shale sector in cheap barrels. Russia fails quota as OPEC+ increases output Russia missed its August production quota under the OPEC+ agreement. The country pumped 9.175 million barrels per day, which was higher than July but still about 84,000 barrels below its target. The quota included compensation cuts that were agreed earlier to make up for previous overproduction. Russia has a track record of falling behind on these deals. It agreed to reduce supply after going over its limits, but the deadlines and cuts keep changing. Officials say that’s because of seasonal conditions and the geological structure of Russian fields. But regardless of the excuses, the country’s output still isn’t keeping up. Unlike Russia, Saudi Arabia holds over 2 million barrels per day of idle capacity and can boost supply almost instantly. Even after meeting its OPEC+ commitment, it still has plenty of room left. Russia, on the other hand, can’t raise production fast enough to benefit from the extra quota space it was given. OPEC+ promised an increase of 1.66 million barrels per day. But adjusting for compensation cuts and capacity limits, only about 1.15 million will actually show up. That means the group is overselling its actual supply gains. Still, it’s enough to tip the market further into oversupply. The alliance holds more than 3 million barrels per day of spare capacity. Most of that is sitting in Saudi Arabia, the United Arab Emirates, and Iraq. They’re the ones who can turn the taps on or off whenever they want. Everyone else, especially Russia, is just trying to catch up. The smartest crypto minds already read our newsletter. Want in? Join them .
Solana Price Prediction is the talk of the town now that the token stabilizes after a series of rapid fluctuations. Investors are balancing dreams of a 15% increase against monitoring fresh DeFi projects that bring more concrete utility. One such project is Remittix (RTX) , already making waves with a presale that has raised more than $24.4 million. Unlike speculation-based plays, the Remittix DeFi platform is developing on the basis ofusability, with a beta wallet available by Q3 2025. This places RTX in the same conversations as established networks, showing just how much early-stage crypto investment can unite legacy finance and digital assets. Solana Price Action and Trading Strength Solana is currently trading at $215.25, 5.7% above the past day. It has a market capital of $116.72 billion after a trading volume of $8.92 billion increased by 199.62%. These figures explain why Solana Price Prediction has served as a point of reference for a number of investors monitoring leading altcoins. But as Solana holds its ground, focus is also being shifted to top-performing crypto under $1 with adoption prospects. That is where RTX enters the picture. By the process of raising capital in its presale as it prepares for exchange listings, it enters the category of budding crypto projects that could match up with Solana's progress rather than go directly against it. Remittix Presale Gains Momentum With Early CEX Listings At $0.1050 per token, Remittix offloaded more than 651 million tokens, showing a huge momentum for investors who want to invest in crypto at an early stage. The presale has already caused two centralized exchange listings. It had its first with BitMart upon crossing the $20 million threshold and the second with LBank upon crossing $22 million. These kinds of listings add liquidity and give RTX better access, advantages not necessarily on the table for low cap crypto gems. With the presale still in progress, these types of measures explain why it's being compared to the top crypto presale 2025 deals. Beta Wallet Launch Nears in Q3 2025 Remittix's plan is centered on the next beta wallet. Set to be released in Q3 2025, the mobile wallet will support more than 40 cryptocurrencies and 30 fiat currencies. It incorporates real-time FX conversion, low-gas-fee crypto transactions, and direct bank account payouts in more than 30 countries. This focus on solving real-world, practical issues puts RTX in a position far beyond just another new crypto token drop. Freelancers, enterprises, and individual consumers obtain a service that simplifies cross-border payments, solidly placing RTX as one of the best DeFi projects 2025. The Breakthroughs Pushing Remittix Forward: ● Over $24.4 million raised in presale● 651 million + tokens sold per $0.1050 each● Confirmed BitMart and LBank listings● Beta wallet launch in Q3 with global distribution● Active $250,000 Remittix Giveaway With a CertiK audit, deflationary tokenomics, and growing exchange support, RTX is becoming a crypto that solves real world problems. Its ability to combine decentralized exchange capabilities with traditional financial rails presents it as an interesting contender among top new altcoin candidates. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The Biden administration’s vaunted jobs boom just met the revision reaper: the Bureau of Labor Statistics has now erased roughly 2 million jobs from the last three years and subtracted another 911,000 for the 12 months through March 2025. What Biden Recovery? BLS Revisions Torch Biden’s Job Claims Zerohedge, which has long heckled the sausage-making
There are very few noteworthy movements in the crypto market lately, barring some whale movements on Solana and the meme coins. But the general market mood is one of consolidation, with the overall market cap stalling at just over $4 trillion. The Cardano price, among others, has some chance of a drop, and that could tell how far ADA falls in the token ranks. Remittix , on the other hand, is pushing for a 30x surge after launch. Here's how both tokens could turn out. Cardano Price: ADA Future Hangs In The Balance The ADA token charts are similar to what the general market feels like. Some analysts read that there's some consolidation on the charts, while others think a big drop is coming. Now, the issue is that the Cardano price is perfectly poised for profits or losses. The token trades at $0.8521, with its resistance at $0.85, and the key support level at $0.72. Cardano came quite close to the support last week, and experts are not ruling out the drop. In fact, the Cardano price could fall even further, to about $0.55 if the bears take over the current cycle, given the token's weakness. And, on top of all that, there's the Remittix token launching right in the heart of DeFi. And everyone is looking forward to it. Remittix Launch: Buy, Hold, Anticipate! The RTX project is offering users direct withdrawal portals from their crypto wallets to any bank account they want. With time, the crypto tokens will become useful for paying all forms of online services and goods. Investors have clocked the potential on Remittix since it announced its presale in January, and many of them bought loads of RTX at the time. The tokens are still selling out, at higher rates, but that's because other crypto stakeholders are choosing Remittix. RTX smart contracts have been audited and approved by Certik, and exchanges like BitMarthave started to list Remittix ahead of launch. And speaking of launch, the Remittix Web3 wallet and 50% of the token supply will be going live later this year. Prepare For Remittix Launch! Buy your RTX tokens at $0.105 each and count down to launch day for your massive returns. Now's your best chance, before the prices spike again! Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io Socials: https://linktr.ee/Remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
BitcoinWorld LineKong Crypto Holdings: Hong Kong Giant’s Bold Digital Asset Disclosure In a significant move that highlights the growing embrace of digital assets by traditional companies, LineKong, a prominent entity listed on the Hong Kong stock exchange, has publicly disclosed its substantial LineKong crypto holdings . This announcement offers a rare glimpse into how established firms are integrating cryptocurrencies into their financial strategies, signaling a potentially transformative shift in corporate asset management. What Are LineKong’s Crypto Holdings Exactly? LineKong’s recent disclosure has certainly turned heads in the crypto community. The company has revealed a direct holding of 116 Bitcoin (BTC), 663 Ethereum (ETH), and a considerable 7,692 Solana (SOL). This is a clear statement of their confidence in these leading digital assets. Direct Holdings: 116 BTC, 663 ETH, 7,692 SOL Furthermore, when considering the assets held by its various affiliates, the total LineKong crypto holdings become even more impressive, painting a picture of a well-rounded digital asset portfolio. Total Group Holdings (including affiliates): 212 BTC, 2,040 ETH, 10,513 SOL These figures demonstrate a calculated approach to diversifying their treasury, potentially positioning LineKong at the forefront of corporate crypto adoption in Asia. Why Are LineKong Crypto Holdings a Big Deal for the Market? The disclosure of significant LineKong crypto holdings carries considerable weight for several reasons. Firstly, it lends further legitimacy to cryptocurrencies as viable assets for large, publicly traded companies. When a Hong Kong-listed firm makes such a move, it sends a powerful signal to other traditional financial institutions and corporations worldwide. Secondly, this action could inspire a domino effect. As more companies witness the perceived benefits and brave the initial regulatory hurdles, we might see a surge in corporate treasury allocations to digital assets. This trend is crucial for the broader market’s maturity and stability. Moreover, LineKong’s decision reflects a strategic understanding of the evolving digital economy and the potential long-term value of blockchain technology. What’s the Strategy Behind LineKong’s Digital Asset Play? Companies often acquire digital assets for various strategic reasons, and LineKong’s move likely falls into several categories. One primary benefit is diversification. Holding cryptocurrencies can offer an alternative to traditional assets, potentially hedging against inflation or market volatility in other sectors. Another angle is treasury management, where companies seek to optimize their balance sheets with assets that have strong growth potential. Challenges, however, are also part of the equation. Regulatory uncertainty, price volatility, and the complexities of secure storage are significant considerations for any company holding digital assets. LineKong’s decision suggests they have carefully weighed these factors, indicating a robust risk assessment and a clear vision for their LineKong crypto holdings . This bold step also positions them as innovators in their industry, potentially attracting new talent and investors interested in forward-thinking companies. Looking Ahead: The Future of Corporate Crypto Holdings LineKong’s disclosure is more than just an isolated event; it’s a testament to a growing trend. We have seen other companies globally, such as MicroStrategy and Tesla, make similar commitments to Bitcoin. These early adopters are setting precedents and helping to shape the future landscape of corporate finance. As regulatory frameworks become clearer and institutional infrastructure improves, it is plausible that more companies will follow suit, increasing their LineKong crypto holdings or establishing new ones. The actionable insight here for other companies is to begin exploring the potential of digital assets, understanding both the opportunities and the risks. LineKong’s move provides a real-world example of a significant firm navigating this complex but potentially rewarding terrain. Their transparency also contributes to building trust and understanding within the wider financial ecosystem. A Bold Step into the Digital Future LineKong’s disclosure of its substantial LineKong crypto holdings marks a pivotal moment for both the company and the broader cryptocurrency market. By embracing Bitcoin, Ethereum, and Solana, LineKong is not only diversifying its assets but also signaling a strong belief in the digital economy’s future. This strategic move from a Hong Kong-listed giant could inspire further corporate adoption, driving greater legitimacy and stability for digital assets globally. It’s a clear indication that cryptocurrencies are increasingly becoming an integral part of modern corporate strategy. Frequently Asked Questions (FAQs) Q1: What exactly are LineKong crypto holdings? LineKong crypto holdings refer to the cryptocurrencies, specifically Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), that the Hong Kong-listed company LineKong and its affiliates have disclosed as part of their assets. Q2: Why would a traditional company like LineKong hold cryptocurrencies? Companies hold cryptocurrencies for various strategic reasons, including asset diversification, potential hedging against inflation, treasury management, and embracing new technologies like Web3 to stay competitive and innovative. Q3: Is it common for publicly traded companies to disclose crypto holdings? While still relatively uncommon compared to traditional assets, it is a growing trend. Companies like MicroStrategy and Tesla have famously disclosed significant crypto holdings, and LineKong’s announcement further solidifies this emerging practice. Q4: What are the risks associated with corporate crypto holdings? Key risks include high price volatility, evolving regulatory landscapes, security challenges related to digital asset storage, and potential accounting complexities. Companies must conduct thorough due diligence and risk assessment. Q5: How does LineKong’s disclosure impact the crypto market? Such disclosures from established companies can boost market confidence, lend legitimacy to cryptocurrencies, and potentially encourage more institutional and corporate adoption, leading to increased demand and market stability over time. If you found this insight into LineKong’s digital asset strategy compelling, why not share it with your network? Your colleagues and friends interested in crypto and corporate finance will appreciate staying informed about these significant market developments. Spread the word! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post LineKong Crypto Holdings: Hong Kong Giant’s Bold Digital Asset Disclosure first appeared on BitcoinWorld and is written by Editorial Team
Early backers of Shiba Inu Coin and PEPE have achieved extraordinary returns, hundreds, even thousands of times their investments. Now, new and ambitious investors ask where the next major gains lie. Amid that search, Remittix(RTX) emerges as the place where you can reap the same results with practical utility. Its real-world payment model, increasing adoption, and upcoming incentives signal a fresh path beyond meme hype. Shiba Inu coin's legendary run tests patience today Shiba Inu Coin gained fame for delivering epic returns; some holders recall substantial gains. Yet today, Shiba Inu Coin faces pressure; it trades around $0.0000127, and its network activity on Shibarium has faded. Analysts still see potential scenarios for modest rebounds, but broad 100x rallies seem unlikely without new catalysts. Shiba Inu Coin’s legacy remains, but momentum is today’s question. PEPE’s explosive meme success may be behind us PEPE, a meme coin that once delivered massive fortunes, gave early holders hundreds of times their money back. Now PEPE shows signs of plateau, consolidating near support and drawing caution from veteran traders. While PEPE’s cult-like following persists, current signals suggest further surge potential is limited unless new excitement ignites. Remittix is where you can reap the same results with the PayFi utility While Shiba Inu Coin and PEPE rode meme waves, Remittix offers a different blueprint grounded in real payment utility. That contrast draws meme coin veterans looking for the next ground floor opportunity that can deliver similar or greater returns but with stronger foundations. Remittix has sold over 652 million tokens, trades at $0.105, and has raised over $24.6 million. It passed $20 million before listing on BitMart, then cleared $22 million to secure an LBANK listing, with a third exchange in preparation. These moves show momentum beyond speculative narrative. Here are five reasons Remittix stands out: ● Mass market appeal beyond just the crypto crowd● Built for adoption, not speculation● Deflationary tokenomics designed for long-term growth● Global payout rails are already integrated and expanding● Solving a real-world $19T payments problem These strengths position Remittix not just as a meme coin replacement, but as a provider of usable infrastructure and a contender for next wave 100x+ gains. Real Utility May Offer The Clearest Path To Big Returns Shiba Inu Coin and PEPE delivered stunning returns for early believers, but repeating that success now requires a new angle. Remittix offers that angle, with payment first utility, exchange momentum, token health, and user incentives. For investors inspired by meme coin riches, Remittix may be where you can reap the same results, with durability and purpose rather than speculation. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
BitcoinWorld Nvidia GPU Unlocks Revolutionary Long-Context AI Inference In the rapidly evolving world of technology, where advancements in artificial intelligence are constantly reshaping industries, a new announcement from Nvidia is set to make significant waves. For investors and enthusiasts keenly observing the intersection of AI and computing power, the introduction of the new Nvidia GPU , the Rubin CPX, marks a pivotal moment. This isn’t just another chip; it’s a dedicated engine for the future of AI, promising to unlock unprecedented capabilities in processing complex information. What is the Nvidia GPU Rubin CPX and Why Does It Matter? At the recent AI Infrastructure Summit, Nvidia unveiled its latest innovation: the Rubin CPX GPU. This groundbreaking chip is specifically engineered to tackle one of the most demanding challenges in artificial intelligence today – long-context inference. Imagine an AI model that can process and understand information equivalent to an entire novel, rather than just a few sentences. That’s the leap the Rubin CPX aims to achieve, designed for context windows exceeding one million tokens. This specialized Nvidia GPU is part of the upcoming Rubin series and represents a strategic evolution in how AI models interact with vast datasets. Its significance lies in its ability to enable more sophisticated and human-like AI interactions, moving beyond the limitations of previous hardware. Revolutionizing AI Inference : The Power of Long-Context AI The ability to handle extensive context is a game-changer for AI inference . Current AI models often struggle with maintaining coherence and relevance over very long sequences of data. The Rubin CPX addresses this head-on, optimizing the processing of large sequences of context. This capability is crucial for applications where understanding the broader narrative or an extensive code base is essential. For instance, in video generation, it means an AI can create a coherent, long-form video with a consistent storyline and character development, rather than short, disconnected clips. Similarly, in software development, it allows AI assistants to comprehend entire code repositories, offering more accurate suggestions, bug fixes, and even generating large blocks of functional code. This shift towards robust long-context AI is not just an incremental improvement; it’s a foundational change that expands the horizons of what AI can accomplish. Boosting Data Center AI Capabilities: A Strategic Move Nvidia’s approach with the Rubin CPX also emphasizes a ‘disaggregated inference’ infrastructure. This architecture allows for greater flexibility and scalability in how AI workloads are managed within data centers. By separating the processing of different aspects of an AI task, resources can be allocated more efficiently, leading to superior performance and cost-effectiveness. This is a critical development for data center AI , where the demand for processing power continues to skyrocket. Nvidia’s relentless development cycle has consistently translated into immense profits, with the company reporting $41.1 billion in data center sales in its most recent quarter. The introduction of the Rubin CPX reinforces Nvidia’s dominant position in the AI hardware market, ensuring that they remain at the forefront of powering the world’s most advanced AI systems. Enterprises investing in data center AI will find the Rubin CPX to be a cornerstone for future-proofing their infrastructure against increasingly complex AI demands. The Future of AI: What Does Rubin CPX Mean for Developers and Enterprises? For developers, the advent of the Rubin CPX means access to tools that can handle more ambitious and intricate AI projects. Imagine building AI models that can draft entire novels, develop complex software applications from high-level descriptions, or conduct exhaustive research across vast document archives with unparalleled understanding. The enhanced performance on long-context tasks will significantly reduce the computational overhead and complexity traditionally associated with such endeavors. Enterprises, on the other hand, stand to gain competitive advantages through more powerful and efficient AI deployments. From accelerating research and development to automating sophisticated creative tasks, the Rubin CPX will enable new levels of innovation. While the chip is slated for availability at the end of 2026, its announcement signals a clear roadmap for the next generation of AI capabilities, prompting businesses to start planning for this significant upgrade. Conclusion: A New Era for AI The unveiling of Nvidia’s Rubin CPX GPU marks a monumental step forward in the realm of artificial intelligence. By specifically addressing the challenges of long-context inference, this new Nvidia GPU promises to unlock a new era of AI capabilities, from advanced content generation to more intelligent software development. Its strategic integration into disaggregated inference infrastructure underscores Nvidia’s commitment to pushing the boundaries of what’s possible with AI hardware. As we look towards late 2026 for its availability, the Rubin CPX stands as a testament to Nvidia’s unwavering innovation, setting the stage for truly transformative AI applications across industries. To learn more about the latest AI market trends and GPU advancements, explore our article on key developments shaping AI features and institutional adoption. This post Nvidia GPU Unlocks Revolutionary Long-Context AI Inference first appeared on BitcoinWorld and is written by Editorial Team
With the cryptocurrency market lining up to experience yet another week of turbulent fluctuations, investors are turning towards strong portfolio picks. Mutuum Finance (MUTM) and Cardano (ADA) are leading the charge with more and more attention around them in the DeFi arena. Mutuum Finance has already begun the sixth phase of its presale, with every token being worth $0.035. Stage 7 will see a price appreciation of 14.29% to $0.04. The project already has over $15.5 million in funds raised and has over 16,150 contributors. While established players like Cardano (ADA) continue to forge ahead in network development and adoption, the spotlight falls on Mutuum Finance as the next major player. Cardano Holds Steady as Market Eyes Fresh Catalysts Cardano (ADA) at $0.8262, trading between $0.8147 and $0.8295 today in a tight range. The token remains strong above the psychological $0.80 mark, a consolidation phase as investors seek new momentum drivers. Technical setups show focus on short-term breakout prospects, particularly if it manages to recover and sustain levels around $0.87. As the market corrects, new DeFi projects, such as Mutuum Finance, are beginning to attract growing attention looking to compete with Cardano’s prospects. Dual-layer DeFi Lending Protocol Market specialists highlight Mutuum Finance as a hybrid lending platform; a blend of Peer-to-Contract and Peer-to-Peer technologies. P2C is more convenient if users do not wish to be so active since it is fueled by smart contracts. P2P, however, has communication between the borrower and lender without the presence of intermediaries. MUTM is also much more adaptable, not to mention efficient, due to the unique double-layered architecture, which allows for the leveraging of high-risk products like meme coins. Mutuum Presale Momentum Finance Round 6 of MUTM token sale is a reflection of the strength of the project since it has already set a record of $15.5M. The project will be a full-fledged ecosystem with a stablecoin. It will be on the Ethereum blockchain so that it will be long-term secure and safe. The CertiK trust rating of the platform is 95.0 which might be reasonably thought to represent the project commitment to security and transparency. Dynamic Interest and Liquidity Control Mutuum changes interest rates on borrowing in accordance with use of markets. During times of excess funds in lending pools, rates are kept low to spur borrowing and utilize idle cash. During times of low liquidity, rates rise to prompt repayments and stimulate new deposits. For lenders who desire fixed expenses, there is a choice of fixed rate. This rate, agreed to when borrowing, is typically higher than the floating rate and may be altered if market circumstances stray far. $50,000 Bug Bounty Program To create a sense of confidence in the security framework of the platform, Mutuum Finance has launched a Bug Bounty Program with a cap of $50,000. The program weighs possible flaws on the basis of critical, major, minor or low severity to ensure proper risk prevention. Mutuum Finance (MUTM) is topping the charts as one of the top altcoins this week and is leaving old-timers like Cardano (ADA) in its wake. Stage 6 tokens are worth $0.035, with Stage 7 set to increase by 14.29% to $0.04. The project has already garnered over $15.5M and welcomed 16,120+ contributors, reflecting strong investor demand. With a two-layer lending protocol, P2C & P2P, an upcoming Ethereum-based stablecoin, a CertiK trust rating of 95.0, and a $50K bug bounty, MUTM is combining innovation with security. Get in now in stage 6 and lock in a better price before the next presale hike. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance