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1Bitget UEX Daily | Hormuz Strait Closure Drives Sharp Oil Rebound; US Stocks Under Pressure with Tech Leading Declines; SpaceX IPO Pricing Announced2Oracle (ORCL) FY2026 Q4 Earnings Beat Expectations: Cloud Infrastructure Soars 93% to $5.8 Billion, Record RPO Hits $63.8 Billion, Raises 2027 EPS Guidance, But $20B Refinancing Sparks Stock Plunge3 Amazon trucking push sends freight carrier stocks lower
Flash
07:44
Oracle CEO: Global GPU Utilization Reaches 97.5%, AI Market Continues to Experience Supply Shortage On June 11, Oracle CEO Clayton M. H. Maguire stated during the earnings call for the fourth quarter and full year of fiscal 2026 that Oracle's cloud infrastructure employs a multi-tenant architecture, allowing for flexible allocation of computing resources to different customers. In this quarter, 59 customers renewed contracts for a total of 35,000 GPUs: 49% of customers completed renewals, covering 92% of GPU resources; the remaining 8% of GPUs were not idle and were signed with new customers during the quarter. Currently, global GPU utilization has reached 97.5%, and the demand in the artificial intelligence market continues to exceed supply.
07:05
Japan is pushing to reclassify cryptocurrency as a financial instrumentBlockBeats News, June 11th, according to market sources, Japan is reportedly reclassifying cryptocurrency as a financial instrument under the Financial Instruments and Exchange Act, putting it in the same category as stocks and bonds. The bill was passed by the Lower House today. This move will lower the tax on cryptocurrency gains from the current highest rate of 55% (miscellaneous income) to a flat 20% capital gains tax rate, and it will pave the way for cryptocurrency ETFs, with the relevant provisions set to take effect in 2027.
06:38
Deflation Reaches a New High: 42,008.06 DMD Permanently Burned via Smart Contract Last Week [June 11, 2026] The latest on-chain data from the DMDAO Intelligent Computing Center indicates that within the past 7 calendar days, the DMD smart contract has automatically captured and executed the physical burning of a total of 42,008.06 DMD, setting a recent record for the highest weekly deflation volume.
Accelerating Toward the One-Million Total Supply Cap: The full outbreak of this round of burning is driving DMD to accelerate its convergence toward its ultimate scarcity limit of 1,000,000 tokens. With the surge in network-wide interactions, the circulating supply in the market is undergoing a deeper structural tightening.
A Direct Reflection of Market-Making Yields: The explosion in burning data directly reflects the strong high-frequency spread capturing capabilities and authentic business revenues of the underlying Matrix Prime market-making system. Powered by the Euler linear deflation model, the reduction in total circulating supply simultaneously strengthens the algorithmic weight of the remaining tokens.
Code Rigidity Defying Market Sentiments: DMDAO official stated that the deflation of DMD does not rely on market sentiment, but is instead a long-term mechanism built purely upon real transaction flows, the internal loop of market-making yields, and automated contract execution. Every burn serves as on-chain ironclad evidence of the economic model's highly efficient operation.
Deflation continues, structure reshapes.
Genesis nodes concluded; DMDAO officially enters the era of pure zero-sum game among existing stock!
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