Moonshot AI, a Chinese artificial intelligence startup recognized for its Kimi chatbot, is aiming to double its valuation to $100 billion through a new funding round. According to NS3.AI, this follows a recent $500 million raise at a $43 billion valuation. Major investors, including Alibaba, Tencent, and 5Y Capital, have already committed over $700 million in the initial tranche. This development highlights strong investor enthusiasm for Chinese AI model companies and their growth potential.

Polygon has recently outpaced Ethereum in daily transaction fees, driven by increased user engagement on the prediction market platform, Polymarket. According to Cointelegraph, data from Token Terminal revealed that on Friday, Polygon accumulated $407,100 in transaction fees, surpassing Ethereum's $211,700. This marks the first instance where Polygon has exceeded Ethereum in daily transaction fees. The disparity in fees has since decreased, with Polygon recording $303,000 in daily transaction fees on Saturday, while Ethereum's fees were approximately $285,000. Polymarket, a significant player in the blockchain prediction market since its 2020 launch, is hosted on Polygon. Matthias Seidl, co-founder of Ethereum analytics platform growthepie, noted in an X post on Monday that Polymarket's activity has been a major contributor to Polygon's recent growth. Seidl highlighted that Polymarket generated over $1 million in fees on Polygon over the past week, with Origin World being the second-highest app on the platform, contributing around $130,000. Polygon has also emphasized the increased activity on Polymarket. In an X post on Saturday, the team reported that wagers exceeding $15 million were placed on a single Oscars market category, underscoring Polygon's role as the underlying blockchain. Additionally, Polygon has deployed a network of trustless agents on the L2 to capitalize on opportunities within the prediction market. The popularity of prediction markets has surged since the last U.S. election, prompting several crypto firms to introduce their own platforms. In related developments, there has been a notable rise in stablecoin usage on Polygon, particularly with Circle's USDC. On Sunday, Polygon data analyst @petertherock shared in an X post that the network achieved a new weekly high of 28 million USDC transactions. Polymarket utilizes Polygon-based USDC for trading on its platform, further contributing to the network's growing transaction volume.

French President Emmanuel Macron is making significant efforts to win over Indian Prime Minister Narendra Modi in a bid to secure a deal for French fighter jets. Bloomberg posted on X, highlighting Macron's strategic move to strengthen defense ties with India. The French leader is keen on expanding military cooperation, aiming to enhance bilateral relations between the two nations. Macron's approach includes diplomatic engagements and discussions focused on defense collaboration. The potential agreement is seen as a crucial step in bolstering France's defense industry and its global influence. The French government is optimistic about the prospects of this deal, which could significantly impact the defense landscape. India, under Modi's leadership, is exploring options to modernize its military capabilities, making the French offer particularly appealing. The discussions are part of a broader strategy to deepen economic and strategic partnerships between France and India. The outcome of these negotiations could have far-reaching implications for both countries, potentially reshaping defense alliances and economic ties. As Macron continues his diplomatic efforts, the international community is closely monitoring the developments in this high-stakes negotiation.

According to reports, in a funding round already invested in by Alibaba (09988.HK) and Tencent Holdings (00700.HK), artificial intelligence startup Dark Side of the Moon is seeking to raise its valuation to $10 billion, hoping to capitalize on strong investor interest in Chinese AI model startups. Sources familiar with the matter revealed that the company, which develops the Kimi chatbot, initiated new funding talks in late January to meet investor demand. Just about a month prior, the company completed a $500 million funding round at a valuation of $4.3 billion. Sources also stated that existing investors, including Alibaba, Tencent, and 5Y Capital, have committed over $700 million in the first tranche of this latest funding round. (Jinshi)

The FTSE 100 is anticipated to experience a decline, while the British pound has edged lower in anticipation of upcoming employment data. Bloomberg posted on X that investors are closely monitoring the release of the latest job figures, which are expected to provide insights into the health of the UK economy. Market analysts suggest that the employment data could influence the Bank of England's future monetary policy decisions. The pound's recent performance reflects investor caution as they await the data, which could impact currency and stock market movements. The FTSE 100's potential dip is attributed to concerns over economic indicators and their implications for the broader market. Traders are advised to stay informed as the situation develops, with the employment report likely to play a significant role in shaping market sentiment.

Despite the optimism surrounding the recent trade agreement between the United States and India, analysts predict that the Indian rupee may continue to depreciate over the next year. According to Jin10, the pressure from foreign capital outflows and India's current account deficit are contributing factors to this anticipated decline. Dhiraj Nim, an economist and foreign exchange strategist at ANZ Bank, noted that the U.S.-India trade deal has eliminated India's relative disadvantage in accessing the U.S. market compared to other Southeast Asian countries. However, several economists forecast that the rupee-to-dollar exchange rate could fall to approximately 94 within this year.

According to data shared by CryptoQuant, Binance has now recorded three consecutive months of negative stablecoin netflows, highlighting a sustained contraction in crypto market liquidity. The last comparable stretch of persistent outflows occurred during the 2023 bear market. source: https://www.ethnews.com/crypto-liquidity-dries-up-as-stablecoin-outflows-accelerate-for-third-month/

The fast-food chain says bitcoin payments have boosted sales, as it channels crypto receipts into a growing corporate reserve. source: https://decrypt.co/358264/steak-n-shake-bitcoin-lifted-sales-dramatically-nine-months

The ongoing conflict, which the Kremlin has portrayed as remote from the daily lives of ordinary Russians, is increasingly affecting border regions like Belgorod. Bloomberg posted on X, highlighting how the front line has moved closer to these areas, bringing the realities of war to the forefront for local residents. The situation in Belgorod exemplifies the growing proximity of the conflict to Russian territories, challenging the narrative of its distance from everyday life. As tensions continue, the impact on these regions becomes more pronounced, altering the perception of safety and normalcy for those living near the border.

Polygon recorded $407,000 in daily fees on Friday, compared with Ethereum's $211,000. source: https://cointelegraph.com/news/polygon-flips-ethereum-in-daily-transaction-fees?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bridgewater Associates founder Ray Dalio recently published a major article, officially declaring that the world has entered the sixth phase of the "Great Cycle," a period characterized by a lack of rules, chaos, and the dominance of might.

BTC, ETFs, Institutional Investors, Stablecoins, Artificial Intelligence: My Top 10 Takeaways from Bitcoin Investor Week (Golden Finance)

Although it doesn't involve encryption, it basically covers all the topics that stock market investors care about most.

Only by drawing strength from traditional wisdom and remaining clear-headed amidst cutting-edge trends can we find our place in this restructuring.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2970, providing you with the latest and fastest news on the digital currency and blockchain industry.

The "Chinese New Year effect" of Bitcoin was first broken in 2025 and 2026.

You can't use macro narratives like "gold rotation" to determine if Bitcoin has bottomed out. The real signals that it's close to the bottom will only appear when positions are being liquidated and sentiment is extremely pessimistic.

Tomasz Stańczak steps down as co-executive director of the Ethereum Foundation after serving only 11 months.

指纹浏览器作为近年来快速崛起的工具类软件，被广泛应用于跨境电商多账号管理、社交媒体运营、广告投放，以及 Web3 领域的空投交互（“撸毛”）、多钱包管理等场景。

When speculators leave, the real builders continue to construct; when leverage disappears, genuine demand emerges.