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According to the U.S. Commodity Futures Trading Commission (CFTC), as of the week ending December 9, crude oil speculators reduced their net short positions in WTI crude oil by 38,888 contracts to 12,038 contracts.According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending December 9, COMEX gold speculators increased their net long positions by 4,829 contracts to 124,637 contracts. COMEX silver speculators increased their net long positions by 6,724 contracts to 27,978 contracts.December 20th - Mixue Ice Cream announced the official opening of its first US store, located at 6922 Hollywood Boulevard, Los Angeles.On December 20th, at the Moore Threads 2025 MUSA Developer Conference, in addition to the new "Huagang" architecture and the Huashan chip, Moore Threads also unveiled its Lushan graphics chip. Lushan is a high-performance graphics rendering chip built on the Huagang architecture, promising a 15x improvement in AAA game rendering, a 50x improvement in ray tracing performance, an 8x improvement in atomic memory access performance, and a 4x improvement in video memory capacity. AI rendering performance is improved by 64x, geometry processing performance by 16x, and texture fill performance by 4x. Besides supporting gaming, it also supports rendering for all CAD, CAE, and other graphic design applications.According to Business Insider, Google has warned some visa holders against leaving the United States, as their return home could face “significant” delays of up to a year.

Crypto Market Daily Highlights – ADA and BNB Lead a Top Ten Surge

Cory Russell

Jan 09, 2023 16:09

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On Sunday, the top 10 cryptocurrencies saw a positive day, with ADA and BNB setting the pace. For the first time since December 15, BTC also found support, finishing the day above $17,000.


An upbeat week was capped off by a bullish close on Sunday after a range-bound Saturday session as Asian markets continued to react positively to Friday's ISM Non-Manufacturing PMI survey and the US employment data.


Though the ISM Manufacturing and Non-Manufacturing PMIs indicated a US economic recession, late support came from expectations of a gentle landing. Bets on the Fed raising interest rates by 50 basis points in February have fallen, allaying concerns about a harsh landing. No crypto-related events existed to support the late rise.


There are no economic data for investors to take into account today since it is a quiet day on the US economic calendar. The NASDAQ Index and any comments made by FOMC members, however, are expected to have an impact during the afternoon session. The NASDAQ mini gained 14.25 points this morning.


Investors should keep an eye on the cryptocurrency news channels for developments on the SEC v. Ripple case, Huobi Global News, and the continuing Binance US investigations.