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The article discusses how prediction markets expand their user base through language framing (such as using "trading" instead of "betting"), and analyzes their advantages, including direct event pricing, hedging tool attributes, low-barrier financial engineering, outstanding historical prediction performance, and association with wisdom and skill. Summary generated by Mars AI This summary was produced by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative improvement.
Yunfeng Financial Group, a Hong Kong-listed company co-founded by Alibaba founder Jack Ma, recently announced the purchase of approximately 10,000 Ethereum (ETH) tokens for 44 million USD, at a price close to 4,316 USD per token.
US Bank has restarted its Bitcoin and ETF custody services after a four-year pause, citing eased regulations and rising demand. Partnering with NYDIG, the bank aims to provide secure, regulated digital asset access for institutions.
- 20:15All three major U.S. stock indexes closed higher.Jinse Finance reported that all three major U.S. stock indexes closed higher, with the Dow Jones Industrial Average up 0.11%, the S&P 500 Index up 0.47%, and the Nasdaq Composite Index up 0.94%. The S&P 500 Index and Nasdaq both reached new closing highs. Large-cap technology stocks generally rose, with Google up more than 4%, and Tesla and Oracle both up more than 3%.
- 20:13U.S. stocks closed with the Nasdaq and S&P 500 hitting new record highs, Tesla rose over 3%.ChainCatcher news, according to Golden Ten Data, U.S. stocks closed higher on Monday, with the Dow Jones Industrial Average preliminarily up 0.1%, the S&P 500 up 0.47%, and the Nasdaq up 0.94%, with the latter two continuing to hit new closing highs. Tesla (TSLA.O) rose 3.5%, Nvidia (NVDA.O) edged down slightly, and Google (GOOG.O) rose 4.4%. The Nasdaq Golden Dragon China Index closed up 0.87%, hitting its highest level since February 2022 during intraday trading. Alibaba (BABA.N) rose nearly 2%, and Li Auto (LI.O) rose nearly 7%.
- 19:04OpenAI Chairman: The AI Bubble Is Not Entirely Without BenefitsJinse Finance reported that OpenAI Chairman Bret Taylor is not naively ignoring the significant impact that a tech bubble could bring, but he stated that such a prospect is not without its benefits. Taylor said: "Artificial intelligence will change the economy, that's true. I believe it will create tremendous economic value in the future, just like the internet did. That's true. At the same time, I think we are also in a bubble, and many people will lose a lot of money. Both of these things can be true at the same time, and there are many historical precedents showing that these two situations can occur simultaneously." OpenAI founder Sam Altman expressed a similar view last month, warning that there will be huge winners and huge losers during the hype cycle of artificial intelligence.