Fed Rolls Back 2023 Crypto Rules, Shifting How Banks Assess Digital Asset Exposure

The post Huawei goes public with chip ambitions, boosting China’s tech autonomy post-Nvidia appeared on BitcoinEthereumNews.com. Huawei publicly revealed its full chip roadmap on Thursday during its annual Connect conference in Shanghai, confirming it would begin releasing some of the world’s most powerful computing systems in a push to reduce China’s reliance on Nvidia and other foreign chipmakers, according to Reuters. Eric Xu, Huawei’s rotating chairman, disclosed that the company had developed its own high-bandwidth memory, a technology previously led by Samsung and SK Hynix. Xu said, “We will follow a 1-year release cycle and double compute with each release,” making it clear Huawei now intends to release next-gen chips and hardware annually with increased processing capabilities. The announcement came just days before U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet on Friday, following trade talks between both countries earlier in the week. The move is widely seen as an attempt by Beijing to project confidence in its tech ecosystem as U.S.-China tensions continue to grow. Huawei releases full schedule for Ascend, Kunpeng chips, and computing clusters Huawei detailed the timeline for its AI chip series Ascend, starting with the 910C, which was released earlier this year. The Ascend 950 will launch in 2026 with two variants. The 960 will follow in 2027, and the 970 is scheduled for 2028. Huawei also confirmed its Kunpeng server chips will receive updates in 2026 and 2028. China’s chip war with the U.S. escalated this week as Nvidia was accused of violating China’s anti-monopoly law, and several large Chinese tech firms were ordered to cancel Nvidia AI chip orders. Financial Times reported that government regulators had also instructed distributors to stop placing new Nvidia orders. One executive in China’s chip distribution industry said his company was told verbally to stop buying Nvidia chips and was only allowed to sell current inventory. That executive declined…

The post Whales keep selling XRP despite ETF success — Data signals deeper weakness appeared on BitcoinEthereumNews.com. XRP ETFs have crossed $1 billion in assets

The post Foreigner’s Lou Gramm Revisits The Band’s Classic ‘4’ Album, Now Reissued appeared on BitcoinEthereumNews.com. American-based rock band Foreigner performs onstage at the Rosemont Horizon, Rosemont, Illinois, November 8, 1981. Pictured are, from left, Mick Jones, on guitar, and vocalist Lou Gramm. (Photo by Paul Natkin/Getty Images) Getty Images Singer Lou Gramm has a vivid memory of recording the ballad “Waiting for a Girl Like You” at New York City’s Electric Lady Studio for his band Foreigner more than 40 years ago. Gramm was adding his vocals for the track in the control room on the other side of the glass when he noticed a beautiful woman walking through the door. “She sits on the sofa in front of the board,” he says. “She looked at me while I was singing. And every now and then, she had a little smile on her face. I’m not sure what that was, but it was driving me crazy. “And at the end of the song, when I’m singing the ad-libs and stuff like that, she gets up,” he continues. “She gives me a little smile and walks out of the room. And when the song ended, I would look up every now and then to see where Mick [Jones] and Mutt [Lange] were, and they were pushing buttons and turning knobs. They were not aware that she was even in the room. So when the song ended, I said, ‘Guys, who was that woman who walked in? She was beautiful.’ And they looked at each other, and they went, ‘What are you talking about? We didn’t see anything.’ But you know what? I think they put her up to it. Doesn’t that sound more like them?” “Waiting for a Girl Like You” became a massive hit in 1981 for Foreigner off their album 4, which peaked at number one on the Billboard chart for 10 weeks and…