Compute is the New Crude Oil. But Its Market is Still Stuck like in the 1800s.
TL; DR:
→ GPU compute is a ~$99B market (2025) growing at 14%+ CAGR, but it trades like a commodity from the pre-exchange era: opaque pricing, no hedging instruments, wild price swings ($1-$8/hr for the same H100).
→ @anagramxyz's research formalizes compute as a "semi-fungible asset" that sits between fungible stocks and unique NFTs.
→ This unlocks unified market clearing where H100s, A100s, and decentralized GPUs can trade on the same exchange with proper price discovery.
→ Decentralized compute is showing real numbers but seems concentrated (check our artifact link below for detailed dashboard):
❶ @AethirCloud leads with $166M ARR and 95% GPU utilization across 435K containers.
❷ @ionet follows with $5.7M quarterly revenue and 327K verified GPUs.
❸ @akashnet, @rendernetwork, @nosana_ai, and other projects like pre-launch @gensynai round out the field.
The bottleneck isn't supply. It's trust, enterprise readiness, and the absence of financial rails.
→ @OrnnExchange just partnered with Architect Financial to launch the first exchange-traded GPU compute futures. This is the crude oil futures moment for compute.
→ Sovereign AI is fragmenting the market further. A GPU in France under GDPR isn't the same asset as a GPU in Virginia. Semi-fungible frameworks can price this "compliance premium" transparently.
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Bottom Line:
Compute has crossed the threshold from "IT infrastructure" to "strategic commodity." The parallel to crude oil isn't hyperbole.
Oil markets evolved from private deals to spot markets to futures exchanges to complex derivatives over a century. Compute is compressing that evolution into a decade
Макроданные США
➡️Средний почасовой заработок м/м.
• Факт: 0,4%
• Прогноз: 0.3%
• Предыдущий: 0,3%
➡️Изменение занятости в несельскохозяйственном секторе:
• Факт: 130 тыс.
• Прогноз: 70 тыс.
• Предыдущий: 50 тыс.
➡️Уровень безработицы:
• Факт: 4,3%
• Прогноз: 4,4%
• Предыдущий: 4,4%
Данные о заработной плате и занятости получились сильнее прогноза, что свидетельствует об устойчивой экономике США.
$ETH
{spot}(ETHUSDT)
$SOL
{spot}(SOLUSDT)
UNI wakes up… right before the news drops🥳. Just before BlackRock made things official with $UNI , something stirred on-chain. A whale wallet that had been basically asleep for four years suddenly stretched, yawned, and moved 4.39 million #UNI about $14.75M worth into a brand-new address in past 22 hours.
The original wallet, 0x9c98…75d7, still isn’t empty either. It’s sitting on another 2.46M UNI, roughly $10.27M, like nothing happened. Which honestly makes it feel even louder.
Timing? Yeah, that’s the part people are staring at. This all happened shortly before the BlackRock headline hit. Coincidence maybe, or just someone dusting off an old vault right when the spotlight turns on. Really hard to say. But four years of silence breaking at that moment… we thought really very hard to ignore.
Here are those two addresses:
Old wallet:
0x9c980d9E5C46eAf6C1E7dDd2dCD30C1FcD9875d7
New wallet:
0xf129DEb820e8e9be783DBDbe29Cc0ed5dd5e66BA
{future}(UNIUSDT)
Analytically, the January U.S. jobs report supports competing views. The market reaction, however, was clear: traders have sharply dialed back expectations for a June rate cut.
The big beat on January job creation, paired with a dip in the unemployment rate to 4.3%, supports those who believe the U.S. labor market remains solid. Yet, significant downward revisions to the historical data tell a different story, reinforcing the idea of a "decoupling" of robust GDP growth from a more subdued labor market.
Meanwhile, traders wasted no time picking a side. They reduced the probability of a Fed cut in June from roughly 70% to just under 50%.
#economy #jobs #employment #employment #markets
Understanding Parabolic SAR Calculation
The Parabolic SAR (Stop and Reverse) is a trend-following indicator that helps identify potential reversals in price movement. This indicator appears as a series of dots placed either above or below the price chart, signaling the direction of the trend.
The core concept of the Parabolic SAR lies in its dynamic calculation which adapts to market volatility. It begins by placing the initial SAR value at a significant price point—either a recent high or low—depending on whether the trend is considered bullish or bearish.
With each new price bar, the SAR value is recalculated using a formula that incorporates the previous SAR, the Acceleration Factor (AF), and the Extreme Point (EP). The Extreme Point is the highest high in an uptrend or the lowest low in a downtrend.
The Acceleration Factor starts at a low value (typically 0.02) and increases incrementally (usually by 0.02) every time a new Extreme Point is made. However, the AF is capped at a maximum value, most commonly 0.20, to prevent excessive sensitivity.
As the trend progresses, the SAR value moves closer to the current price. When the price closes beyond the SAR level, a reversal is signaled. At this point, the SAR position flips to the opposite side of the price, the AF resets, and a new Extreme Point is established.
This conceptual model illustrates how the Parabolic SAR adapts to changing market conditions. It effectively captures momentum shifts while maintaining responsiveness to volatility through its adaptive calculation method. The indicator's mechanical nature makes it purely rule-based, relying on price action and time rather than subjective analysis.
#GOLD & #SILVER JUST DID WHAT BULL MARKETS DO… THEY BREATHE.
After a historic vertical rally, $XAU and $XAG finally pulled back — and the crowd panicked.
Gold corrected 10–16% from its explosive move above $5,000, now stabilizing near $4,480.
Silver? A violent 27–34% flush from $84 toward the $65–$70 demand zone.
But let’s be clear — this isn’t collapse.
This is pressure release.
The sell-off was fueled by: • Heavy profit-taking after a parabolic run
• Increased futures margin requirements
• A firmer dollar as Fed expectations cooled
Technically, both metals are testing their 50-day moving averages. Gold is defending $4,360 like a fortress. Silver stands at a decision point — if $70 cracks cleanly, volatility accelerates.
Now here’s the part most people miss:
The macro foundation hasn’t changed.
Central banks are still accumulating gold aggressively.
Geopolitical tension isn’t cooling.
Silver demand from EVs, solar expansion, and AI infrastructure is structural — not speculative.