US stocks close with AI concept stocks broadly lower, Astera Labs down over 11.11%

1. CZ: No crypto wallet is 100% safe; users should stay informed of risks and manage them properly;2. Ansem: Meme coins are constantly evolving, and building businesses around speculative trading is the bigger opportunity;3. GMGN co-founder: The in-house cross-chain bridge is undergoing small-scale testing and will soon support purchasing multi-chain tokens with USDC;4. DFINITY founder accuses NEAR Intents of using its proprietary cryptography technology;5. ZachXBT warns users to withdraw assets from CoinDCX, saying "the co-founders are a bunch of clowns";6. Circle shareholders sue Trump and WLFI, alleging they profited through UAE-related crypto transactions;7. a16z Crypto rebrands as a16z Frontier, expanding investment scope from crypto to frontier tech startups;8. Coinbase: UK's proposed crypto rules may effectively block regulated platforms from accessing DeFi;9. Visa plans to acquire crypto custody company Fireblocks for $2.5 billion;10. CMCC Global tokenizes two quantitative hedge funds, issuing them through Tether and Bitfinex Securities;11. DWF Labs: Bitcoin spot ETF fund flows lag behind price action, making it difficult to predict future price movements;12. Analysis: PHP high-risk vulnerability was exploited by hackers before public disclosure, potentially affecting about 70% of the internet;13. Analysis: Bitcoin market dominance rises to its highest level since May as the market awaits a new catalyst.

Odaily reports: According to monitoring by on-chain analyst Yu Jin, a certain address opened long positions in SOXL twice within 4 hours and was liquidated both times. Last night at 11 PM, the address opened a long position in SOXL worth $5.42 million, and was liquidated in less than 1 minute, losing $316,000. At 1 AM today, the address again opened a long position in SOXL worth $4.97 million, and was liquidated 2 hours later, losing $270,000. Just 2 minutes after the second liquidation, the address continued to open a long position in SOXL worth $2.22 million, and this position has not yet been liquidated.

Odaily reports that JPMorgan analyst Nikolaos Panigirtzoglou said in a report that recent measures taken by U.S. regulators have partially offset the negative impact of the Senate's failure to advance the Clarity Act, but political and legal risks still remain. Measures led by agencies such as the SEC, CFTC, and OCC may encourage institutional participation in the crypto ecosystem in the short term, but only legislation can make the regulatory framework more durable. Before a comprehensive market structure bill is passed, the political and legal risk premium will remain elevated; if Democrats win the White House, existing measures could potentially be overturned within two years.Panigirtzoglou believes that the likelihood of the Clarity Act passing this year is low and that it may be delayed until 2027. Currently, crypto market sentiment remains relatively optimistic, with the market focused on what measures the SEC, CFTC, and OCC will take to facilitate institutional entry into the cryptocurrency sector.

Odaily reports: According to MSX.COM data, US stocks closed with the Dow up 0.02%, the S&P 500 down 1.21%, the Nasdaq down 2.6%, and the VIX fear index up 14.09%. AI concept stocks fell broadly, with Astera Labs down 11.11%, Teradyne down 10.63%, CoreWeave down 10.06%, KLA down 9.55%, and Marvell down 8.7%.It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular US stocks and ETF token targets such as NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily: OpenAI is set to complete a funding round of up to $30 billion, led by a UAE investor, at a pre-money valuation of approximately $1.25 trillion.Reports indicate that the agreement will also provide OpenAI with additional computing power support from the UAE side, with the relevant deal expected to be signed by the end of next week. (Cailian Press)

According to Gate data, South Korea's KOSPI index extended its decline to 4%, with Samsung Electronics down 5% and SK Hynix down 4%.