Latest news with #Asymmetric
Yahoo
3 days ago
- Business
- Yahoo
Furukawa Electric and Lightera Develop Industry-Leading Technology for Fusion Splicing Multi-core and Hollow Core Fibers
COLOGNE, Germany, June 3, 2025 /PRNewswire/ -- ANGACOM, Hall 8 F39 -- Furukawa Electric and Lightera continue to innovate and expand their fusion splicing offerings to support growth in new optical fiber technologies. The FITEL S185-ROF range of splicers offers rapid and precise rotational alignment for both multi-core and hollow core ecosystems, in a compact package that is ideal for field deployment. At the core of the S185-ROF range is the proven three-electrode Ring of Fire® arc discharge system, that uniformly heats the fiber surface to enable strong and low-loss splices. New STA2D (Sequential Triangular Asymmetric Arc Discharging) capabilities build upon this technology, firing pairs of electrodes in a rotational sequence around the fiber. This provides exceptional heat control for splicing modern anti-resonant hollow core fibers; the cladding is gradually fused to create a strong splice without disturbing the delicate internal microstructure of the hollow-core fiber. At ANGA 2025, Lightera and Furukawa will showcase the FITEL S185EVROF, an industry-first fusion splicer that seamlessly integrates end-view technology into the same compact splicer package. The End View System (EDV) adds Composite Image Technology where end-view images of both fibers are overlaid to ensure precise alignment and validate correct polarity of multi-core splices. The system also enables operators to analyze intricate fiber structures before splicing, which is beneficial for both MCF and HCF where minor cleave irregularities can affect performance. Key Features of the FITEL S185EVROF: Compact, portable design, optimized for MCF and HCF splicing. Three-electrode Ring of Fire (3SAE Technologies Inc.) arc discharge, ensuring uniform heating. Additional STA2D technology, fine-tuned for hollow-core and small-cladding fibers. Dual Mirror System, providing simultaneous views of both fiber ends. Composite Image Technology, merging end-view fiber images for unmatched alignment accuracy and polarity validation in MCF. Highly accurate rotational alignment (0.1-degree precision). Side view mode for traditional fiber splicing. David Knight, Product Line Manager for Hollow Core Solutions said: "The Fitel S185-ROF splicer range plays a key role in our comprehensive hollow core and multi-core ecosystems. By continually integrating improvements born from our own deployment experience, we can offer the premier splicing solution for these new technologies." Join Lightera at ANGACOM, Hall 8 F39, Cologne, Germany, 3 - 5 June 2025 for a live demonstration of the FITEL S185EVROF and discover its revolutionary capabilities firsthand. Furukawa Electric Group's Efforts Towards the SDGsBased on the "Sustainable Development Goals (SDGs)" adopted by the United Nations, Furukawa Electric Group has formulated the "Furukawa Electric Group Vision 2030" which sets the year 2030 as its target and is advancing efforts to build a sustainable world and make people's life safe, peaceful and rewarding, by creating solutions for the new generation of global infrastructure combining information, energy and mobility." Toward the achievement of our Vision 2030, we will take open, agile, and innovative approaches to promote ESG management that aims to increase corporate value over the medium to long term and will contribute to the achievement of the SDGs. The Furukawa Electric Group's approach to the SDGs: About LighteraLightera is a global leader in optical fiber and connectivity solutions, delivering innovative technologies that drive communication networks, data centers, and specialty photonics applications. With a deep legacy of expertise in optical science, we provide high-performance solutions that enable faster, more reliable, and more sustainable connections for businesses, communities, and industries worldwide. Headquartered in Norcross, Georgia, U.S.A., Lightera operates with a global footprint, serving customers across telecommunications, enterprise, industrial, generative AI, data centers, 5G/6G, utilities, medical, aerospace, defense, and sensing markets. Lightera is part of Furukawa Electric Group, a multi-billion-dollar leader in optical communications. View original content to download multimedia: SOURCE Lightera
Yahoo
05-02-2025
- Business
- Yahoo
Crypto Daybook Americas: Somber Crypto Market Eyes Slow Progress on U.S. Bitcoin Reserve
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market has turned somber, with major cryptocurrencies such as bitcoin (BTC), ether (ETH), solana (SOL), Binance coin (BNB) and chainlink (LINK) trading as much as 3% lower, amid frustration over the slow progress on the creation of a U.S. strategic BTC reserve and signs of dollar liquidity tightening. Geo Chen, a macro trader and author of the popular Substack-based newsletter Fidenza Macro, suggested the market has been held up by hopes Trump would step in and "buy everybody's bags," but that's unlikely to materialize soon. Consequently, the market is vulnerable to risk aversion driven by ongoing tariff discussions. "Crypto will not be spared in the ensuing risk-off volatility, and I expect many coins to draw down 50% or more from their January highs. I have limit orders to buy some of my favorite coins like SOL at lower than half price," Chen wrote. Speaking of SOL, Amberdata's options block flow tracker revealed a sizable bear put spread involving a long position in the $200 put and a short position in the $120 put, both expiring on Feb 28. This strategy bets on a decline to at least $120 by month-end, reflecting an increasingly pessimistic outlook. Sentiment remains bearish for ether, too. ETH has already fallen 15% this month and reached its lowest in four years against bitcoin. Joe McCann, founder and CEO of Asymmetric, pointed out that "Ethereum's fundamental positioning has weakened. Solana's ecosystem is expanding rapidly, offering higher throughput and stronger performance, making Ethereum's historical valuation premium harder to justify." Ethereum's layer-2 scaling solutions — Optimism, Arbitrum, and Polygon — are all down over 50% this year, he noted. "This signals broader struggles, as L2s were supposed to drive ETH adoption and usage, yet they're failing to generate sustained momentum." On the macro front, investors are pivoting toward gold and U.S. Treasury notes amid the threat of a potential trade war, pushing gold to a new high of $2,877 per ounce, an impressive 10% gain for the year. Historically, a heightened preference for gold has not favored bitcoin. As if that weren't enough, rising yields on the 10-year Japanese government bond have hit their highest levels since April 2011. Additionally, the U.S. ADP employment report due today could inject further volatility into the market. It's a time to stay alert! Crypto: Feb. 5, 3:00 p.m.: Boba Network's Holocene hard fork network upgrade for its Ethereum-based L2 mainnet. Feb. 6: Berachain (BERA) mainnet launch. Feb. 6, 8:00 a.m.: Shentu Chain network upgrade (v2.14.0). Feb. 13: Start of Kraken's gradual delisting of the USDT, PYUSD, EURT, TUSD, UST stablecoins for EEA clients. The process ends March. 31. Feb. 18, 10:00 a.m.: FTX Digital Markets, the Bahamas-based subsidiary of FTX, will start reimbursing creditors. Macro Feb. 5, 9:45 a.m.: S&P Global releases January's US Services PMI (Final) report. Est. 52.8 vs. Prev. 56.8 Feb. 5, 10:00 a.m.: The Institute for Supply Management (ISM) releases January's Services ISM Report on Business. Services PMI Est. 54.3 vs. Prev. 54.1 Services Business Activity Prev. 58.2 Services Employment Prev. 51.4 Services New Orders Prev. 54.2 Services Prices Prev. 64.4 Feb. 5, 10:00 a.m.: U.S. Senate Banking Committee hearing on 'Investigating the Real Impacts of Debanking in America,' featuring four witnesses including Nathan McCauley, co-founder and CEO of Anchorage Digital. Livestream link. Feb. 5, 3:00 p.m.: Fed Governor Michelle W. Bowman is giving a speech titled 'Brief Economic Update and Bank Regulation.' Feb. 6, 7:00 a.m.: The Bank of England (BoE) releases Monetary Policy Summary and Minutes of the Monetary Policy Committee Meeting as well as the February Monetary Policy Report. The press conference is live-streamed 30 minutes later. Interest Rate Decision Est. 4.5% vs. Prev. 4.75% Feb. 6, 8:30 a.m.: The U.S. Department of Labor releases Unemployment Insurance Weekly Claims report for week ended Feb. 1. Initial Jobless Claims Est. 213K vs. Prev. 207K Nonfarm Productivity QoQ (Preliminary) Est.1.4% vs. Prev. 2.2% Continuing Jobless Claims (January) Est. 1870K vs. Prev. 1858K Jobless Claims 4-Week Average Prev. 212.5K. Feb. 6, 2:00 p.m.: U.S. House Financial Services Committee hearing about 'Operation Choke Point 2.0": two of the witnesses are Paul Grewal, Chief Legal Officer of Coinbase, and Fred Thiel, CEO of MARA Holdings. Livestream Link. Feb. 6, 2:30 p.m.: Fed Governor Christopher J. Waller is giving a speech on Payments at the Atlantic Council in Washington. Livestream link. Earnings Feb. 5: MicroStrategy (MSTR), post-market, $-0.09 Feb. 10: Canaan (CAN), pre-market, $-0.08 Feb. 11: HIVE Digital Technologies (HIVE), post-market, $-0.11 Feb. 11: Exodus Movement (EXOD), post-market, $0.14 (2 ests.) Feb. 12: Hut 8 (HUT), pre-market, break-even Feb. 12: IREN (IREN), post-market Feb. 12 (TBA): Metaplanet (TYO:3350) Feb. 12: Reddit (RDDT), post-market, $0.25 Feb. 12: Robinhood Markets (HOOD), post-market Feb. 13: CleanSpark (CLSK), $-0.05 Feb. 13: Coinbase Global (COIN), post-market, $1.61 Governance votes & calls Lido DAO is discussing distributing rewards to LDO stakers based on the protocol's net revenue, as well as the use of a percentage of its annual revenue to buyback LDO tokens. Feb. 5, 10 a.m.: Livepeer (LPT) to hold a Treasury Talk on 'SPE updates, governance, and treasury funding for AI video projects.' Feb. 5, 11 a.m.: USDX and Arbitrum to hold an Ask Me Anything (AMA) session. Feb. 6: Arbitrum to hold an open call about using AI to empower decentralized finance applications. Unlocks Feb. 5: XDC Network (XDC) to unlock 5.36% of circulating supply worth $81.58 million. Feb. 5: Kaspa (KAS) to unlock 0.67% of circulating supply worth $17.29 million. Feb. 9: Movement (MOVE) to unlock 2.17% of circulating supply worth $31.84 million. Feb. 10: Aptos (APT) to unlock 1.97% of circulating supply worth $69.78 million. Token Launches Feb. 6: Berachain (BERA) to be listed on Bybit, BingX, MEXC, and KuCoin. Day 1 of 2: The 14th Global Blockchain Congress (Dubai) Feb. 6: Ondo Summit 2025 (New York). Feb. 7: Solana APEX (Mexico City) Feb. 13-14: The 4th Edition of NFT Paris. Feb. 18-20: Consensus Hong Kong Feb. 19: Sui Connect: Hong Kong Feb. 23 to March 2: ETHDenver 2025 (Denver, Colorado) Feb. 25: HederaCon 2025 (Denver) By Francisco Rodrigues Solana memecoin juggernaut monthly revenue hit an all-time high in January, bringing in $121.3 million while the platform is said to be influencing the 'destruction of the altcoin market.' Speculative capital that would have poured into major altcoins during this cycle's 'alt season' was funneled into low-capitalization tokens launched on the platform, according to analysis by Miles Deutscher, who pointed out retail investors got 'stuck into illiquid on-chain memes' that quickly lost most of their value. Yet high-profile altcoin debuts also led to significant downturns given the risk and volatility of the sector. Lookonchain pointed to a trader who lost $2.6 million out of fear of missing out on VVV token, while another trader lost $21 million on Donald Trump's memecoin. Even the biggest altcoin by market capitalization, ether, saw supply return to pre-merge levels and has been significantly underperforming bitcoin, with the ETHBTC ratio dropping below 0.03 for the first time since 2021 this year. Meanwhile, success remains, having recently surpassed Circle, the issuer of the second-largest stablecoin, USDC, in 24-hour revenue according to DeFiLlama data. Perpetual funding rates for XLM, TON, SHIB, BCH and ONDO remain negative, hinting at a bias for shorts. These tokens could see a short squeeze should BTC surge, reviving risk-taking in the crypto market. The OI-normalized cumulative volume delta for SHIB has flipped positive in the past 24 hours, hinting at underlying buying pressure. BTC, ETH futures basis on the CME remains near 10%. Front-dated BTC and ETH continue to show a bias for bearish put options. ETH puts continue to be pricier than BTC puts. BTC is down 0.35% from 4 p.m. ET Tuesday at $97,862.66 (24hrs: +1.08%) ETH is up 2.4% at $2,2,783.87 (24hrs: +0.86%) CoinDesk 20 is down 0.34% at 3,286.48 (24hrs: -1.41%) CESR Composite Staking Rate is down 73 bps at 3.18% BTC funding rate is at 0.0011% (1.21% annualized) on Binance DXY is down 0.5% at 107.42 Gold is up 0.9% at $2,868.45/oz Silver is up 0.15% at $32.37/oz Nikkei 225 closed unchanged at 38,831.48 Hang Seng closed -0.93% at 20,597.09 FTSE is unchanged at 8,571.57 Euro Stoxx 50 is down 0.21% at 5,253.52 DJIA closed on Tuesday +0.3% at 44,556.04 S&P 500 closed +0.72% at 6,037.88 Nasdaq closed +1.35% at 19,654.02 S&P/TSX Composite Index closed +0.15% at 25,279.35 S&P 40 Latin America closed +1.06% at 2,401.76 U.S. 10-year Treasury is down 3 bps at 4.48% E-mini S&P 500 futures are down 0.52% at 6,031.75 E-mini Nasdaq-100 futures are down 0.88% at 21,479.25 E-mini Dow Jones Industrial Average Index futures are down 0.18% at 44,615.00 BTC Dominance: 61.24 (-0.21%) Ethereum to bitcoin ratio: 0.02833 (1.43%) Hashrate (seven-day moving average): 817 EH/s Hashprice (spot): $56.3 Total Fees: 5.03 BTC / $509,298 CME Futures Open Interest: 168,549 BTC priced in gold: 33.9 oz BTC vs gold market cap: 9.64% The U.S. 10-year Treasury yield is on the verge of violating the five-month bullish trendline. A continued slide could support risk assets. MicroStrategy (MSTR): closed on Tuesday at $348.31 (+0.35%), down 0.9% at $345.05 in pre-market. Coinbase Global (COIN): closed at $280.39 (-1.41%), down 0.14% at $280 in pre-market. Galaxy Digital Holdings (GLXY): closed at C$27.67 (-1.25%). MARA Holdings (MARA): closed at $17.65 (-1.67%), down 0.45% at $17.57 in pre-market. Riot Platforms (RIOT): closed at $12.29 (+2.5%), down 0.41% at $12.24 in pre-market. Core Scientific (CORZ): closed at $12.21 (-0.97%). CleanSpark (CLSK): closed at $10.84 (+2.36%), down 0.65% at $10.77 in pre-market. CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $22.57 (-0.53%). Semler Scientific (SMLR): closed at $51.24 (+1.55%), down 2.01% in pre-market. Exodus Movement (EXOD): closed at $56.77 (-4.73%), up 5.69% in pre-market. Spot BTC ETFs: Daily net flow: $340.7 million Cumulative net flows: $40.60 billion Total BTC holdings ~ 1.173 million. Spot ETH ETFs Daily net flow: $307.8 million Cumulative net flows: $3.15 billion Total ETH holdings ~ 3.693 million. Source: Farside Investors The dollar index (DXY), which tracks the U.S. currency's value against major trading partners, seems to have peaked. The question is will bitcoin follow suit? Both assets surged in the weeks leading up to and following the U.S. election held in early November. Equities-Crypto Relationship Is Likely to Weaken in the Long Term, Citi Says (CoinDesk): Crypto's correlation with stocks is likely to decline, with institutional adoption and upcoming U.S. regulation helping to lower volatility for bitcoin. Bitcoin Risks Losing the $90K- $110K Range as These 3 Development Could Put the Brakes on the Next Bull Breakout (CoinDesk): Bitcoin's consolidationfaces headwinds from tightening dollar liquidity, the Trump administration's cautious approach to a BTC reserve and signals of weakening bullish momentum. Ondo Finance Unveils Tokenization Platform to Bring Stocks, Bonds, and ETFs Onchain (CoinDesk): Ondo Finance, a leader issuer of tokenized real-world assets unveiled a tokenization platform that aims to do for U.S. publicly traded securities what stablecoins did for dollars. World's Demand for Gold Hit Another Record High Last Year; Appetite for Bullion in 2025 Remains Firm (CNBC): As gold prices hit record highs, the World Gold Council reports that global demand reached 4,974 tons in 2024, driven by central bank purchases and strong demand for gold ETFs and bullion. EU Prepares to Hit Big Tech in Retaliation for Donald Trump's Tariffs (Financial Times): Officials say the EU could retaliate against potential U.S. tariffs with its 'anti-coercion instrument,' introduced during Trump's first term, though the bloc is unlikely to be able to respond as quickly as Canada and Mexico. U.S. Postal Service Suspends Shipments of China Parcels (Wall Street Journal): The U.S. Postal Service said it will not accept inbound parcels from mainland China and Hong Kong until further notice, a move likely to impact Chinese online merchants such as Shein and Temu. Sign in to access your portfolio
