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Musk: Grok 4.5, based on our V9 base model with 1.5 trillion parameters and supplemented with Cursor data during training, is now in internal testing at SpaceX and Tesla.On June 28th, according to the official WeChat account of Jiangsu News, Jiangsu Province has launched a series of precise and effective policy measures to stabilize the real estate market and further support urban renewal initiatives. At a Jiangsu Provincial Real Estate Investment Briefing held on the afternoon of June 26th, relevant departments explained the relevant policies recently issued by the provincial government to over 110 real estate entrepreneurs. This ever-expanding policy toolbox is rapidly translating into tangible benefits for urban renewal and the real estate market. Regarding policies to stabilize the real estate market, specific measures are proposed from three dimensions: land supply, development and construction, and property sales, within the framework of the "four ones" policy. At the meeting, all 13 prefecture-level cities in the province launched a batch of small, quick, and flexible high-quality land parcels, high-quality existing land parcels held by local state-owned enterprises, and key urban renewal projects.On June 28, Hong Kong Financial Secretary Paul Chan Mo-po published a blog post stating that Hong Kong is not only an important channel for attracting investment, but also a "key link" for mainland enterprises and products to go global, and a "converter" of standards and rules between technological innovation and the international market. Chan stated that under the national "dual circulation" development strategy, Hong Kongs international advantages can effectively assist mainland enterprises in connecting with the global market. The mainlands outstanding scientific and technological innovation capabilities can be efficiently linked with Hong Kongs international advantages, helping enterprises transform R&D results into overseas orders. At the same time, Hong Kong can introduce long-term international funding for hard-tech companies that require "patient capital," achieving "small-scale, early-stage, and long-term investment," supporting the growth of promising technology companies and emerging and future industries. Furthermore, Hong Kongs developing northern metropolitan area highly aligns with the strong entrepreneurial atmosphere of places like Xian, forming a positive cycle of mutual empowerment among education, technology, talent, and industry.Saudi Foreign Ministry: We strongly condemn Irans attacks on Kuwait and Bahrain and the threats to the safety and freedom of navigation in the Strait of Hormuz.Russian Ministry of Defense: In the past 24 hours, we have shot down 590 Ukrainian drones.

FTX Focus Weighs on Sentiment

Eric Stanberg

Dec 22, 2022 16:05

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For the top 10 cryptos on Wednesday, it was a negative session. The descent was headed by BNB and ADA. It is noteworthy that BTC missed $17,000 for the fourth time in five sessions.


On Wednesday, US economic indices and business profits took a backseat. Investor attention has now shifted back to FTX and former CEO Sam Bankman-Fried. Uncertainty surrounds the extradition to the US since SBF is expected to provide material that might alarmed investors and heighten congressional attention in the US.


The link between FTX and Binance and if Binance was to blame for the demise of FTX will probably be one topic of government concern.


In order to put more pressure on the cryptocurrency market, SBF may also offer a list of other platforms that run the danger of collapsing as a result of the repercussions.


Despite the NASDAQ Index rising 1.54% on better-than-anticipated US consumer confidence data and positive Nike (NKE) and FedEx (FDX) quarterly results, Wednesday's session was gloomy.


Today's focus will be on FTX updates, with attention likely focused on US economic statistics. The weekly unemployment claims might change the course of events, barring an adjustment to the Q3 GDP figures. The NASDAQ mini was up 9.75 points this morning, offering initial assistance.