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BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

2025.01.13 21:51:58

BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

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The probability of the Fed keeping interest rates unchanged in June is currently reported to be 99.4%.

June 17 update: According to the CME Group’s FedWatch Tool, the probability that the Federal Reserve will keep interest rates unchanged in June is currently 99.4%, while the likelihood of a 25-basis-point rate hike stands at just 0.6%. The Federal Open Market Committee (FOMC) is scheduled to announce its interest rate decision and accompanying economic projections at 2:00 a.m. Beijing time on Thursday. Immediately after the announcement, Fed Chair Jerome Powell will hold a monetary policy press conference at 2:30 a.m. Beijing time.

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Tech and Innovation: Collaborating with NVIDIA to Bring AI to Production Environment

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「Whale Buddy」 Continues to Increase Long Position on ETH, Currently Profits Exceed $320,000

On June 17, HyperInsight monitoring reported that over the past three hours, crypto whale "Big Brother Whale" Li-Cheng Huang added to his long positions across multiple trades. He currently holds a long position of 10,900 ETH with 25x leverage, at an average entry price of $1,748.13, generating a floating profit of $323,000.

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Principal Mineral Acquires PCB Key Material Supplier Isola Group

On June 17, Bloomberg reported that Principal Mineral — a firm backed by Cerberus Capital Management — is acquiring Isola Group. Isola specializes in manufacturing critical materials required for printed circuit boards (PCBs), which are widely used in products ranging from automobiles and aircraft to AI servers. Headquartered in Dallas, Texas, Principal Mineral’s core priority is building a localized PCB supply chain system. The company has not disclosed the exact monetary terms of the Isola Group acquisition. Separately, Principal Mineral announced it has secured roughly $280 million in fresh financing to fuel its operational expansion. This financing round was led by Overmatch Ventures and The New Industrial Corp.

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