Bitcoin and Ethereum prices to crash after FOMC, top analyst warns

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…

Decentralized exchange Hyperliquid is currently witnessing strong growth after a major update. “Hyperliquid’s strong growth continues with permissionless perpetuals deployments, a new feature that democratizes market creation that could drive significantly higher perp volumes,” on-chain data provider Sentora wrote on X (Twitter). A chart of total volumes shows the change in no uncertain terms. After a long period of modest, steady activity, daily volume bars start to spike and cluster far higher following the upgrade, while the cumulative curve bends sharply upward. The visual tells a simple story: a platform that was once measured in small, incremental gains is now producing repeated multi-billion-dollar days and stacking them into what looks like runaway growth. At the heart of the surge is HIP-3’s permissionless perpetuals capability. Instead of limiting perpetual futures creation to a small set of teams or approved products, Hyperliquid now lets anyone with a meaningful stake in HYPE, its native token, spin up custom perpetual contracts. Creators can set their own parameters, opening the door to markets that go beyond crypto: equities, commodities and niche digital assets suddenly become fair game for bespoke perp markets. That freedom breeds experimentation, and where there’s experimentation in DeFi, there’s often fast-moving volume as traders hunt for new opportunities and liquidity providers chase yield. The Composability Angle Matters Permissionless deployments mean new markets can be stitched together with existing DeFi primitives, lending, oracles, AMMs and on-chain risk modules, creating feedback loops that accelerate product development. For Hyperliquid, that translates to an evolving marketplace rather than a fixed product set, and the recent volume spikes suggest that traders and builders are responding to the invitation. Of course, democratizing market creation brings tradeoffs. New, bespoke perps increase the burden on risk management and margin systems, and they invite regulatory scrutiny when markets reference equities or other regulated assets. Hyperliquid’s technical upgrade is ambitious, and its long-term success will depend on whether the platform can combine openness with robust safeguards that keep liquidity intact when volatility arrives. For now, the numbers and the charts make a persuasive case that HIP-3 has changed the dynamics on Hyperliquid. Permissionless perpetuals have turned the platform into a more decentralized piece of financial infrastructure, and as more creators deploy markets and more traders chase them, the platform’s perch in the perpetuals ecosystem looks set to become considerably more prominent.

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