According to the Gate.io News bot, the BTC_USDT price has fallen below 104000 USDT, currently at 103975 USDT. The 24-hour decline is 0.54%.

The high-level economic and trade talks between China and the United States have made substantial progress in Switzerland, with both sides working together to engage in candid and in-depth dialogue, reaching important consensus. The talks show a positive signal for China and the United States to sit back down at the negotiating table, bringing hope to the international community. The Director-General of the World Trade Organization praised the positive results of the talks, considering it an important step towards consensus.

Jin10 Data, May 12 - On May 12 local time, the joint statement of the China-US Geneva economic and trade talks was released, in which both sides significantly dropped bilateral tariff levels. This move meets the expectations of producers and consumers in both countries, and aligns with the interests of both nations and the common interests of the world.

ChainCatcher news, according to Jin10 reports, U.S. Treasury Secretary Basant: We will study how to address the issue of non-tariff barriers.

The founder of the DeFi Report, Michael Nadeau, pointed out that there has been a large number of leveraged long positions in ETH recently, with open contracts increasing by 40%, spot trading volume soaring to $15-18 billion, and the funding rate rising to 0.03%. Short positions have been liquidated for over $85 million. This indicates that there is a real inflow of funds into ETH, an increase in long positions, and a squeeze on short positions, with these three reasons collectively driving the rise.

BlockBeats news, on May 12, U.S. pre-market Crypto Assets concept stocks generally rose sharply, including: · Strategy rose 3.17%; · Coinbase rose 5.31%; · MARA Holdings rose 5.14%; · Riot Platforms rose 5.90%.

On May 12, Jin10 reported that the first aircraft of the AG600 batch production (aircraft 1101) has completed final assembly and is off the production line. Currently, the second aircraft of the AG600 batch production (aircraft 1102) has completed the installation of major systems such as the engine and landing gear, and the wiring harness insulation has been tested for continuity. The third aircraft in batch production (aircraft 1103) has also completed the assembly of major components such as the wings and vertical stabilizer, and has entered the system installation phase.

ChainCatcher news, Bank of England monetary policy committee member Green: I feel very conflicted about whether to cut interest rates when making rate decisions.

PANews, May 12th news, according to Onchain Lens monitoring, a Whale has transferred 10,214 Ether (approximately $26.03 million) to a new Address after being silent for 4 years.

Jin10 reports that the Kremlin spokesperson stated: Russia and Ukraine must engage in direct dialogue to find a way for a ceasefire.

PANews, May 12 news, Spot gold fell below $3210/ounce for the first time since April 14, with a daily decline expanding to 3.50%.

Gate.io Alpha announced the listing of new coins such as God Willing, FART ATTACK HIPPO, Petunia, Tuzki, Puffer, Naiive, etc. in an official message, allowing users to trade on the APP. At the same time, Alpha supports popular public chains like SOL, ETH, and BNB Chain, enabling users to purchase on-chain assets directly using USDT without the need to manually switch chains or deposit.

BlockBeats news, on May 12, the on-chain virtual human MIRAI announced, "We have decided to return 50% of the funds from the Mirai Token presale to all participants. Refunds will be distributed within 24 hours. The project is set to launch this week. The remaining 50% of the presale funds will be used to support the project launch, provide Liquidity, pay for listing fees (if any), and promote the long-term development of the project."

According to Gate News bot news and RootData market data, the First Convicted RACCON Token (FRED) has risen by 105.37% in the last 24 hours, with the current trading price at $0.011. RootData platform data shows that First Convicted RACCON is a meme Token deployed on the Solana chain, with the name meaning "the first convicted raccoon".

Odaily News Well-known Whale James Wynn posted on X, stating that he has increased the position in BTC long positions. Personally, I expect the market to quickly dip to around 102900 and form a long wick candle bottom, which can clear some leverage and allow me to further increase my holdings. In any case, in my view, BTC will likely hit the 112,000-116,000 range as soon as today or tomorrow.

According to the Gate.io News bot, the latest market data from Gate.io shows that PEPE has risen 14.33% in the last 24 hours, currently priced at 0.00001488 USDT.

ChainCatcher news, market news: SoftBank's $100 billion joint venture project with OpenAI is facing funding obstacles, and SoftBank has not yet begun detailed negotiations regarding "Stargate" debt financing.

According to Gate News bot, the "Interstellar Gate" chip project, which SoftBank and OpenAI plan to jointly invest $100 billion in, is currently facing funding difficulties. Reports indicate that SoftBank has not yet engaged in specific negotiations regarding debt financing for the project.

Jin10 reported on May 12 that Guomai Culture announced that the company plans to repurchase shares with funds ranging from 50 million to 100 million yuan, with a repurchase price not exceeding 16 yuan per share. The repurchased shares will be fully used for cancellation and reduction of the company's registered capital, with an estimated repurchase quantity of 3.125 million shares to 6.25 million shares, accounting for 0.39% to 0.79% of the company's total share capital. The repurchase period is no more than 12 months from the date the shareholders' meeting approves it, with the funding coming from the company's own funds.

On May 12, Jin10 reported that Kyle Chapman, a forex analyst at Ballinger Group, stated in a report that the market needs to believe that trade optimism will last for a long time in order for the dollar to return to the levels prior to the announcement of reciprocal tariffs on April 2.

BlockBeats news, on May 12, according to Nansen data, the top five public chains by the number of active addresses in the past 7 days are: Solana (24.26 million), Base (7.589 million), BNB Chain (7.512 million), Tron (5.863 million), Aptos (4.241 million).

According to BlockBeats, on May 12th, Placeholder partner Chris Burniske posted on social media stating, "Personally, I still have my ETH holdings at an all-time high."

Jin10 reported on May 12 that Guoxuan High-tech had a Block Trading transaction of 13,120,900 shares, with a transaction amount of 275 million yuan, accounting for 8.84% of the total transaction amount of the day, at a transaction price of 20.93 yuan, which is a discount of 13.33% compared to the market Closing Price of 24.15 yuan.

Jin10 reported on May 12 that Heng'erda issued a notice of unusual movement. The company disclosed an announcement regarding the acquisition of assets related to SMS Maschinenbau GmbH on May 10. The business acquisition has completed the protocol signing, but the transaction still needs to obtain approval from relevant departments before it can be fully delivered, which carries uncertainty.

Jin10 data reported on May 12th that Changguang Huaxin stated on the interactive platform on May 12th that the company's technology in the field of lidar chips has reached an industry-leading level, especially in high-performance automotive lidar chips. The company has already broken through technical bottlenecks, and some products have received strategic customer orders and have entered the mass production stage.

Jin10 data May 12 news, market risk sentiment has improved, the British pound against the euro rose to a five-week high. Analysts at ING, Francesco Pesole, stated that the UK's trade situation has improved after reaching agreements with the United States and India, as well as upcoming negotiations with the European Union, which has also supported the pound. The cautious stance of the Bank of England on interest rate cuts is another supporting factor. The euro against the pound fell to a low of 0.8421, and ING believes that this currency pair has room to break below 0.84.

Jin10 reported on May 12 that the spokesperson for the Qassam Brigades, an armed faction of the Palestinian Islamic Resistance Movement (Hamas), issued a statement on the morning of May 12 local time confirming that they would release Aidan Alexander, a dual national of the United States and Israel, who has been detained, but he did not disclose the specific time of the release.