Eurozone June CPI Year-on-Year Final

Hong Kong is actively pursuing to become a global Web3 hub, benefiting from government support and the increasing influx of encryption companies. However, the implementation of regulatory policies will be a key challenge for its development, as it needs to balance innovation and regulation while also addressing the global trend of encryption regulation to ensure the healthy growth of the industry.

During the Spring Festival period, the crypto assets market faced severe setbacks, raising discussions about whether the bull run has ended. Despite favourable information from policies, market sentiment remains weak, and alts are underperforming. Institutional investors continue to get on board, and Bitcoin is expected to fluctuate between $90,000 and $106,000. Investors need to closely follow economic indicators and adopt a cautious strategy.

The Global Digital Mining Summit will be held in Las Vegas in 2025, focusing on water cooling technology and efficiency enhancement. From May 26 to 27, 2025, the 2025 Global Digital Mining Summit (WDMS 2025) will be grandly held in Las Vegas, USA. This summit, themed "Water Cooling Drive, Efficiency First, Opening a New Chapter in Mining," will deeply explore cutting-edge technologies and development trends in the industry, and is dedicated to promoting the sustainable development of the global PoW ecosystem. During the summit, a well-known mining machine manufacturer launched its latest flagship product, with a computing power of up to 580T and an energy efficiency ratio as low as 9.5J/T, setting a new industry record. This is the first time in the industry that the energy efficiency ratio of mining machines has broken below 10 J/T, marking the entry of digital mining into the "single-digit energy efficiency ratio" era. This breakthrough not only means further reduction in energy consumption per T of computing power but also provides a more sustainable and cost-effective solution for large-scale deployment.