How AMD’s $3 billion deal with Sanmina positions it for the future of AI and domestic supply chains AMD has taken a major step in reshaping its hardware production strategy by agreeing to sell the server-manufacturing business of ZT Systems to Sanmina in a $3 billion deal. This strategic move underscores AMD’s commitment to onshoring critical supply chains amid growing geopolitical tensions and the urgent need for domestic semiconductor production. By partnering with Sanmina, a leading U.S.-based contract manufacturer, AMD aims to focus more on AI systems design while leveraging Sanmina’s manufacturing expertise. Experts from Bitnixer, led by lead trading...
Colombia’s Digital Leap: Launching the First CBDC on Cosmos
How programmable money and blockchain tech promise to transform cross-border payments Colombia is preparing to unveil its first central-bank digital currency (CBDC), leveraging the innovative Cosmos blockchain network to modernize how money moves across borders. This project, a collaboration between the Colombian government, major banks, and Interchain Labs, employs IBC Eureka as its transfer protocol, aiming to combine the speed and programmability of digital money with the security demanded by institutions. Financial analysts at Bitnixer, led by head financial agent Rebeca Sances, dive into how this move places Colombia at the forefront of digital currency adoption and what it means...
XRP Futures Ignite New Momentum on CME
The debut of regulated XRP futures opens fresh avenues for crypto traders and institutional investors The Chicago Mercantile Exchange (CME) launched the first-ever regulated XRP futures contracts in the U.S. on Monday, marking a significant milestone for the cryptocurrency market. This fresh product allows traders to engage with XRP through standardized, cash-settled futures based on the SME CF XRP-Dollar Reference Rate, measured daily at 4:00 p.m. London time. Brokers from Bitnixer, led by junior financial agent Gloria Zvan, analyze how this development could shift XRP’s market dynamics and broader implications for crypto derivatives. A New Chapter for XRP in Regulated...
TON Token Slips Below Key Support as Market Pressures Mount
Telegram’s Toncoin (TON) is navigating a rough patch amid growing global uncertainty and shifting cryptocurrency dynamics. Recently, TON experienced a sharp decline of 8%, falling below a key $3.00 support level on notably heavy trading volume. This break represents a significant turning point in the token’s price trajectory, raising questions about its immediate future. The drop has intensified market scrutiny as investors watch closely for signs of stabilization or further losses. Senior financial agent Nam Edi at Bitnixer analyzes these technical shifts, emphasizing the importance of monitoring key support zones, volume patterns, and broader market sentiment as TON attempts to...
Solana Futures ETFs: Quiet Contenders in the Crypto ETF Arena
How Solana’s futures-based ETFs are carving a niche amid Bitcoin and Ether dominance Solana is making its mark in the crypto ETF world without much fanfare. Since the debut of Bitcoin and Ether ETFs, the market has been eager for the next digital asset to gain traction. Two U.S.-listed Solana futures ETFs launched in March—SOLZ and SOLT—offer a glimpse into what might come next. These funds aren’t the spot ETFs many await but futures-based products that have quietly gathered momentum. Senior financial agent Na Jiyeon of Bitnixer explores how these ETFs are performing and what this means for Solana investors....
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