Morning surrounding in Asia: All eyes are on a ton while Elon Musk pour cold water in the Xai deal conversations

Good morning, Asia. Here is what makes news in the markets:

Welcome to Asia Morning, a daily summary of the highest stories during the United States hours and a general view of market movements and analysis. For a detailed overview of the American markets, see Coindsk’s Crypto Daybook America.

The Telegram’s Blockbuster’s deal with Xai, which will witness the integration of Elon Musk AI into Telegram and the two companies share revenues, is a continuous work despite the Pavel Durov announcement earlier on Wednesday, US time, that the deal is funded.

TON, a symbol of Telegram’s ecological system, is traded at $ 3.30, and it collects from $ 3 after the first partnership – it has now been refuted. The distinctive symbol decreased from the highest level earlier of $ 3.68, after publishing Elon Musk on X No deal has been signed Between the two companies. TON still up to 11 % a day, According to Coindsk Market data.

Dorov now confirmed that no deal has been signed, Telegram founder said that there is a “agreement in principle”, which may be the reason that TON still has great support at $ 3.30.

All eyes will be on Telegram and Xai, where Asia’s working day begins to know if there is more clarification comes from either side.

The CEO says that decentralization of Bluezki is not Web3.

Vancouver-Jay Ghubarber, CEO of fast-growing non-central social media platform, has started to start at Web3 as a ZCash privacy developer, but she wants to keep her opponent X firmly in Web2.

Speaking at the web top in Vancouver on Wednesday, GRABER argued in Blockchain Technology and the intense resources design makes it inappropriate for social networks directed towards the consumer, where the content is transient and personal.

“Why do you need your photo when you publish to have lunch forever in this digital archive?” I asked on the stage, with a highlight of the expansion restrictions and the inherent costs that paid her decision to avoid Blockchain in Bluesky.

Certainly, not against encryption. She says there is a real value in technology for things like payments and digital identity, even if web3 sometimes provides solutions in search of a problem, and has the direction of attraction towards centralization.

“There is a period when everyone was creating like this hammer, and we would only try Blockchain for everything,” Ghobar said. “Every system tries to do this ends with concentrations because it is easy, and comfort ultimately wins at the end of the day.”

For her, Bluesky’s future lies in combining decentralization, such as the independence of the user and the ability of pregnancy, with the process of Web2’s practical infrastructure to create a platform that gives priority to meet the needs of users.

She concluded that “it is possible that you will find Blockchain somewhere in the world of technology, but Bluesky is not on Blockchain because we are making the best options for our users.”

NVIDIA Beat Beat Stock offers a modest elevator for artificial intelligence symbols

NVIDIA shares increased by approximately 4 % in trading hours after Wednesday hours after reporting stronger profits than expected in the first quarter, which were highlighted with 69 % revenue increase from last year and a 73 % jump in the data center led by strong demand for artificial intelligence chips. Net income increased by 26 % to $ 18.8 billion, enhancing NVIDIA’s performance from year to modestly higher history, Coindsk previously mentioned.

The profit report provided a slight lift for an AI -related encryption codes such as BitTensor (TAO), near the protocol, and the online computer (ICP), although the gains were modest.

However, NVIDIA has reduced future expectations, with a warning that the second -quarter revenues may lack market estimates due to trade tensions related to tariffs between the United States and China.

Market movements:

• BTC: Bitcoin decreased by 1.2 % to $ 107,800, although NYDIG sees more space for gains. Meanwhile, the encryption markets from an American court prevented Trump’s wide tariff as unconstitutional, with BTC trading remaining silent.
• Eth: The ether is traded over $ 2700, as Asia begins on its work. Earlier, Coindsk OMKAR GODLOLE Eth Books Does the outbreak of $ 3000 exceeded a bullish “rising” loud pattern with high support and resistance at $ 2735, as an increase in increased purchase pressure and potential prices.
• gold: Gold fell by 1 % to $ 3,267.47 amid a safe cooling request, although the collective tariff and geopolitical certainty still exists.
• Nikki 225: Nikkei 225 opens in green, an increase of 1 %, as investors in Japan, which depends on export, are looking at a recent announcement that the Supreme Court has prevented Trump’s tariff with cautious optimism, even as it is ignored.
• S & P 500: While the S&P 500 is closed in red, future contracts have increased by 1 % as merchants awaited more clarity regarding the court’s move to prevent Trump’s tariff.

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