📢 NVIDIA Targets $1T Revenue as AI Demand Surges

NVIDIA CEO Jensen Huang says AI demand is set to explode.

• Massive demand for AI computing could exceed $1T by 2027.
• NVIDIA is targeting at least $1T in revenue long term.
• Shows how fast the AI market is scaling globally.

📢 About $40B in software and services debt is set to mature in 2028, marking the largest single-year total, with most of it rated B- or below.

📢 Bhutan’s Royal Government moved 21.5 $BTC into a newly created wallet.

📢 The US Treasury is expected to repurchase $15B worth of debt today.

📢 Metaplanet Moves Big After Months of Silence

• Moved 4,986 $BTC (~$368M) to new wallets
• First activity in over 90 days
• Could be internal reshuffling or prep for something bigger

📢 Tether Pushes AI to Your Device

Tether is stepping deeper into AI, and this one is big

• QVAC introduces BitNet LoRA framework for AI training
• Runs on consumer GPUs & even smartphones
• Makes large-scale AI more accessible and cheaper

📢 Ripple Expands Into Brazil With New Services🇧🇷

• Rolling out payments, custody & treasury services
• Plans to apply for a VASP license
• Growth tied to rising $RLUSD adoption across LATAM

📢 The CFTC has issued a no-action letter to Phantom, stating it won’t take enforcement action if the wallet supports trading through registered intermediaries without IB registration, as long as certain conditions are met.

📢 The S&P 500 has printed a Death Cross for the first time since October 2023, according to Barchart.

📢 BNB Chain has moved ahead in ERC-8004 AI agents, outpacing Ethereum and Base, with total agents nearing 100K and activity still climbing.

📢 Demand for downside hedging in U.S. equities is climbing fast, with put-call skew hitting its highest level since 2021 and short positions increasing.

📢 DeFi TVL has surpassed $100B for the first time since early February, according to DefiLlama.

📢 U.S. national debt has reached a record $39 trillion.

📢 Interest rates are likely to stay the same, as markets turn their attention to Powell’s outlook.

📢 The top 100 USDC wallets on Ethereum have reached a new all-time high, holding a combined $32.71B, according to Santiment.

📢 Ethereum’s uptrend is holding firm, with open interest climbing across major exchanges, according to CryptoQuant.

📢 USDT, USDC, and USDT0 lead stablecoin usage by monthly active senders, according to TokenTerminal.

📢 Bhutan has moved over $110M worth of $BTC this year alone.

Its holdings have dropped about 58% from peak, falling from 13,000 BTC to around 4,450.

What was once valued at $1.5B is now roughly $330M.

The sovereign sell-off appears to be picking up pace.