Crypto’s Hottest Trade Crumples

A significant solar event is expected to illuminate the skies with the aurora borealis across 15 northern U.S. states tonight, offering a rare opportunity for many to witness this natural phenomenon. The anticipated display is attributed to increased solar activity that enhances visibility further south than usual.

The Trump administration has approved the sale of Nvidia's H200 artificial intelligence chips to China, marking a significant shift in U.S. policy regarding technology exports. This decision follows extensive negotiations and aims to facilitate the use of these advanced chips by Chinese companies, which have been restricted due to national security concerns.

Accenture and Anthropic have announced a significant expansion of their partnership, forming the Accenture Anthropic Business Group, which will involve training approximately 30,000 professionals to facilitate the transition from AI pilots to full-scale deployment. This initiative was discussed by the CEOs of both companies on Bloomberg's 'The Close.'

David Bailey, CEO and Chairman of KindlyMD, predicts that half of digital-asset treasury firms (DATs) will consolidate by next year, highlighting a significant shift in the cryptocurrency sector. This statement was made during his appearance on Bloomberg Crypto, where he discussed the evolving landscape of digital assets.

In 2025, prediction markets have seen significant growth, with Wall Street potentially gaining an advantage over retail investors in prediction bets, as reported by Bloomberg's Lydia Beyoud. This development highlights the increasing integration of traditional finance with emerging market trends, particularly in the realm of cryptocurrency and predictive analytics.

The owner of the data center serving CME Group Inc. began experiencing technical issues approximately 12 hours before a significant cooling system outage that disrupted global markets. This incident has raised alarms regarding the reliability of the infrastructure supporting major financial operations.

The U.S. government has granted Nvidia permission to sell its H200 artificial intelligence chips to approved customers in China, effectively lifting a previous export ban that was imposed due to national security concerns. This decision follows extensive lobbying efforts by Nvidia and is seen as a significant policy shift under the Trump administration.

Spotify has officially launched music videos in the US, marking a significant expansion of its service offerings beyond audio streaming. This rollout comes after nearly two years of anticipation and aims to enhance user engagement by providing a more immersive music experience.