News

Odaily Planet Daily reports that, according to official sources, Owlverse is scheduled to launch at 12:00 pm (UTC) on Friday.Owlverse is described as a parallel computing universe originating from the TrendX decentralized intelligent ecosystem. It aims to create a new world powered by artificial intelligence and distributed computing. As the infrastructure for Web3 data and trading, TrendX offers robust on-chain data processing, intelligent strategy engines, real-time market analysis, and AI-assisted decision-making capabilities. Its underlying computing infrastructure and incentive mechanisms are expanded and operated through Owlverse.Users can visit the official Owlverse website, connect their wallets, and destroy legacy Eggs in the EggForge to mint a new generation of Eggs, which will then enter a waiting pool in preparation for the next phase of ecosystem activation. Further participation details will be announced by the official team.

According to Jinse Finance, citing Jintou Data, Bank of America clients have withdrawn from the U.S. stock market at the fastest pace in 10 weeks, reducing their risk exposure. As of the end of June, the S&P 500 Index recorded its best quarterly performance since 2023. In a report released on Tuesday, a group of exchange quantitative strategists, including Jill Carey Hall, wrote that last week, all major client groups—including institutions, retail investors, and hedge funds—collectively withdrew $1.3 billion from the U.S. stock market. Amid growing risk aversion in the market, uncertainty is mounting over whether the current rally can be sustained. This rally has helped the S&P 500 rebound from its tariff-related lows in April and is now hovering near its most overbought level since July 2024.