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Musk Reviews OpenAI's New Investment Plan: They Actually Have No Money

3 hours ago

On January 22nd, Elon Musk commented on OpenAI's released Interstellar Gateway plan, stating, "They actually don't have the funds." It is known that the Interstellar Gateway project is a newly established company planning to invest $500 billion in the next four years to build new artificial intelligence infrastructure for OpenAI in the United States. OpenAI will immediately start to allocate $100 billion. This infrastructure will guarantee the United States' leadership in the field of artificial intelligence, create hundreds of thousands of American job opportunities, and bring huge economic benefits to the world.
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Gate.io has released its latest Reserve Data: Total Value surpasses 10 billion US dollars, with an Excess Reserve of 2.296 billion US dollars.

January 22, 2025 - By January 17, 2025, according to the reserve data, the total reserve value of Gate.io reached a new high of $10.328 billion, ranking fourth in the world in terms of total reserve value. The total reserve ratio was as high as 128.58%, a 4.67% increase from the previous period. In addition, the excess reserve amount increased to $2.296 billion, with a growth rate of 24.38% and an excess reserve ratio of 28.58%. Regarding major coins, the reserve quantity of BTC reached 20,412 coins, with a reserve ratio of 123.06%. The reserve quantity of ETH reached 257,007 coins, with a reserve ratio of 112.04%. The reserve quantity of USDT reached 910,783,326 coins, with a reserve ratio of 118.60%, a 9.35% increase from the previous period.

12 minutes ago

Trump: Open to Musk Acquiring TikTok

On January 22nd, as reported by Reuters, President Trump of the US said that he is receptive to it if Musk desires to acquire the social media app TikTok.

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Binance will list VTHOUSDT 1-75x leveraged USDT perpetual contract

January 22nd. According to an official announcement, Binance is set to launch the VTHOUSDT perpetual contract on January 22, 2025, at 17:30 (UTC+8), offering a leverage of up to 75 times.

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Since the Virtuals Ecosystem Token Buyback Plan was launched, GAME, CONVO, and AIXBT have ranked in the top three in terms of buyback amount.

On January 22nd, according to Dune Data, since the launch of the Virtuals Protocol ecosystem token buyback plan, the current top five tokens in terms of the buyback amount are as follows: · GAME: 65,106 VIRTUAL tokens have been repurchased; · CONVO: 38,628 VIRTUAL tokens have been repurchased; · AIXBT: 33,072 VIRTUAL tokens have been repurchased; · SEKOIA: 8,396 VIRTUAL tokens have been repurchased; · MISATO: 3,020 VIRTUAL tokens have been repurchased. In previous news, Virtuals Protocol announced that since October 16, 2024, it has cumulatively received 12,990,427.85 VIRTUAL tokens through post-bonding transaction fees. These tokens will be used to repurchase and burn the corresponding proxy tokens based on a 30-day time-weighted average price (TWAP).

12 minutes ago

European Central Bank Board Member Knot: Little Obstacle to Interest Rate Cut Next Week

On January 22nd, a board member of the European Central Bank, Knot, stated that the obstacle to another interest rate cut next week is extremely low. The data is encouraging and it confirms that we will return to our target. (FXStreet)

12 minutes ago

Coinbase CEO: Trump's Term May Boost Cryptocurrency Investment

On January 22nd, according to the report by Techinasia, during his participation in the World Economic Forum in Davos, Switzerland, Coinbase CEO Brian Armstrong stated that President Trump's tenure might lead to an increase in cryptocurrency investment. Brian Armstrong expressed that the support of leaders of major economies such as the United States could have a substantial impact on the market. He believed that Trump could become a supporter of the crypto industry and emphasized that public support can influence the development of the industry. Legislative changes in Congress could prompt new investments in cryptocurrency. He also mentioned that part of Bitcoin's recent high was attributed to Trump's inauguration.

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