President Trump: signs AI self-regulation document, plans to establish committee to oversee industry

Machi closed out multiple PUMP orders and made a profit of 827000 US dollars, then went long by 900 million PUMPs with 10 times leverage, valued at 5.26 million US dollars.

Grayscale Chainlink ETF bought and received 159500 LINK worth $2.36 million from Coinbase Prime 5 hours ago; This ETF has bought at least 629100 LINK worth $8.37 million this month.

Bitwise research director Ryan Rasmussen pointed out in a report that despite the price of Bitcoin falling from $125000 to $60000, 15 large institutions did not sell Bitcoin, and some institutions increased their holdings, including pension funds, endowments, foundations, and sovereign wealth funds. These institutions view Bitcoin as a tool to hedge against fiat currency depreciation, with some institutions allocating around 2% -8% of their funds, including Wells Fargo's relevant allocation of around 2% -3%. Some sovereign wealth funds are reducing their gold allocation and shifting their funds towards Bitcoin.

Bain Capital is in talks to acquire Koch's data center company Edged, which is valued at over $15 billion. (Source: Bloomberg)

AMD acquires AI startup World Labs for $8.2 billion, and Li Feifei's net worth is expected to rise to at least $1.6 billion. Li Feifei became a billionaire after completing a $5 billion valuation financing at World Labs, holding approximately 19% of the company's shares. After the transaction is completed, Li Feifei will serve as AMD's Chief Scientist, and the World Labs team will receive AMD's computing power support. (Source: Bloomberg)