A whale sold off 5,772 ETH during a certain trading session, incurring a loss of $7.74 million. After holding the position for two months, its assets shrank by 29.7%.

The post Samsung and SK expand Korea AI infrastructure appeared on BitcoinEthereumNews.com. OpenAI stargate partnership anchors a new Korea push: Samsung and SK join OpenAI to accelerate Stargate AI infrastructure in Korea. What is the OpenAI stargate initiative in Korea? The move formalizes collaboration between global AI teams and Korean industry. OpenAI signed memoranda with local partners and the Ministry of Science and ICT to assess build‑out options for AI compute outside the Seoul area. The agreements aim to spur regional growth while supporting local model deployments. For the official statement, see OpenAI’s press release.. How will the Samsung SK partnership affect Korea AI data centers? The Samsung SK partnership combines semiconductor manufacturing strength with telco and energy services. Samsung entities such as Samsung C&T, Samsung Heavy Industries and Samsung SDS will assess site engineering and construction roles. Meanwhile, SK Telecom and other SK affiliates will evaluate networking and cloud operations to host AI workloads. Together, they can accelerate planning for korea ai data centers and for balanced regional deployment. Who signed the deals and what was the context? Leaders met at the Presidential Office in Seoul. President Lee Jae‑myung, Samsung Electronics Executive Chairman Jay Y. Lee, SK Chairman Chey Tae‑won, and OpenAI CEO Sam Altman participated. The partnerships include memoranda and joint explorations rather than fully specified contracts. OpenAI said it will work with Samsung Electronics, SK hynix and MSIT through its global Stargate program. Will this secure advanced memory chip supply and dram wafer production capacity? Industry statements confirm a focus on expanding advanced memory chip supply to feed AI compute needs. Samsung Electronics and SK hynix plan to scale production of high‑bandwidth memory and other modules used by large AI models. However, specific monthly wafer‑start targets cited in early reports were not independently verified and are therefore omitted here. Still, the collaboration signals a clear priority on aligning memory…

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…

While Shiba Inu (SHIB) continues to build its ecosystem and PEPE holds onto its viral roots, a new contender, Layer […] The post Shiba Inu Price Forecast: Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale appeared first on Coindoo.