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US Stock Futures Dive Further

2025.04.16 13:25:49

On April 16th, the futures of the three major U.S. stock indexes witnessed a continuous decline. Nasdaq futures dropped by 2%, S&P 500 futures decreased by 1.29%, and Dow futures fell by 0.65%. (FX168)
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US stock indices opened lower, while AI stocks traded mixed.

According to market data from BIT (bit.com), U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.8%, the S&P 500 index down 0.18%, and the Nasdaq down 0.12%. In individual stock moves, GlobalFoundries rose 0.57% after securing up to $300 million in U.S. government funding. AI stocks were mixed: SK Hynix opened down roughly 1%, Nvidia fell 0.61%. Storage stocks outperformed, with SanDisk up around 2% and STX gaining 7%.

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Bitget to list Grvt (GRVT) spot trading

Bitget will list Grvt (GRVT) spot trading on its DeFi section. Deposits are now open, and trading will commence at 22:00 UTC+8 on July 30.

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Whale battle on $CXMT: 0xf292 short $20M down $1.9M vs 0x9a80 long $11.66M up $853K

The battle between the bulls and bears on $CXMT is still on. Whale 0xf292 is short 2.8M $CXMT ($20M) and is now down $1.9M, while paying $1.04M in funding fees. Whale 0x9a80 is long 1.63M $CXMT ($11.66M) and is now up $853K, while earning $606K in funding fees.

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Polymarket establishes a research institute to fund academic research on prediction markets.

Polymarket has announced the establishment of the Polymarket Institute, which will focus on researching information discovery and predictive capabilities of prediction markets. The institute will launch a one-year research program, with initial funding provided to 12 doctoral researchers, each receiving $10,000. Applications will open on August 18. Participants are prohibited from trading on Polymarket or similar platforms during their tenure; all research findings and code must be made public, and researchers retain the right to independent publication. (Fortune)

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Citrini Research Analyst: The stability policy announced tonight by South Korea’s regulators is 'disappointing'

Citrini Research’s Korean-American analyst Jukan commented on South Korea’s regulatory stability policy announced tonight, stating: “These measures are deeply disappointing. They are merely symbolic, performative gestures with almost no practical value.” Jukan questioned the regulators, asking: “Why were these products allowed to exist in the first place? Even if the government blocks new capital inflows, existing holdings will still face liquidation pressure, won’t they? Do they really think education alone can solve this problem?”

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AI content detection startup Pangram secures $9 million in funding, led by Menlo Ventures.

New York-based AI detection startup Pangram announced it has closed a $9 million funding round led by Menlo Ventures, with participation from Haystack, ScOp, Script Capital, and Cadenza. Pangram also unveiled its next-generation AI text detection model Pangram 4 and AI image detection model Pangram Image. The text detection model boasts an accuracy rate of over 99% and can identify AI-assisted writing, human-AI hybrid content, and text generated by AI humanization programs. The image detection model is currently in the research preview phase, leveraging pixel-level distribution analysis to recognize AI-generated images across different models and detect AI images embedded within real photographs.

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