V&agrave;o l&uacute;c 03:00 GMT ng&agrave;y 28/11/2025, m&#7897;t s&#7921; c&#7889; h&#7879; th&#7889;ng l&agrave;m m&aacute;t &#273;&atilde; khi&#7871;n 90% giao d&#7883;ch ph&aacute;i sinh to&agrave;n c&#7847;u t&#7841;m ng&#7915;ng khi c&aacute;c m&aacute;y m&oacute;c t&#7841;i trung t&acirc;m d&#7919; li&#7879;u CyrusOne &#7903; Illinois b&#7883; qu&aacute; nhi&#7879;t. &#272;i&#7873;u n&agrave;y khi&#7871;n h&#7879; th&#7889;ng c&#7911;a CME Group ng&#7915;ng ho&#7841;t &#273;&#7897;ng.
S&#7921; c&#7889; k&#7929; thu&#7853;t n&agrave;y &#273;&atilde; b&#7897;c l&#7897; m&#7897;t l&#7895; h&#7893;ng nghi&ecirc;m tr&#7885;ng trong c&#417; s&#7903; h&#7841; t&#7847;ng t&agrave;i ch&iacute;nh. Kh&#7843; n&#259;ng l&agrave;m m&aacute;t v&#7853;t l&yacute;, ch&#7913; kh&ocirc;ng ph&#7843;i t&iacute;nh to&aacute;n hay c&aacute;c m&#7889;i &#273;e d&#7885;a m&#7841;ng, &#273;&#7897;t nhi&ecirc;n tr&#7903; th&agrave;nh &#273;i&#7875;m y&#7871;u cho ho&#7841;t &#273;&#7897;ng th&#7883; tr&#432;&#7901;ng to&agrave;n c&#7847;u.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-cooling-system-failure-halts-global-trading">S&#7921; c&#7889; h&#7879; th&#7889;ng l&agrave;m m&aacute;t l&agrave;m ng&#432;ng tr&#7879; giao d&#7883;ch to&agrave;n c&#7847;u</h2>

CME Group <a href="https://www.cmegroup.com/tools-information/cme-global-command-center-system-alerts.html" target="_blank" rel="noreferrer noopener nofollow">x&aacute;c nh&#7853;n</a> r&#7857;ng t&#7845;t c&#7843; c&aacute;c th&#7883; tr&#432;&#7901;ng &#273;&atilde; d&#7915;ng ho&#7841;t &#273;&#7897;ng do s&#7921; c&#7889; l&agrave;m m&aacute;t t&#7841;i trung t&acirc;m d&#7919; li&#7879;u CyrusOne. S&agrave;n giao d&#7883;ch x&#7917; l&yacute; kho&#7843;ng 30 tri&#7879;u h&#7907;p &#273;&#7891;ng m&#7895;i ng&agrave;y &#273;&atilde; ng&#7915;ng ho&#7841;t &#273;&#7897;ng tr&ecirc;n to&agrave;n b&#7897; n&#7873;n t&#7843;ng Globex c&#7911;a m&igrave;nh. C&aacute;c th&#7883; tr&#432;&#7901;ng t&#432;&#417;ng lai v&#7873; tr&aacute;i phi&#7871;u kho b&#7841;c, n&#259;ng l&#432;&#7907;ng v&agrave; n&ocirc;ng s&#7843;n b&#7883; &#273;&oacute;ng b&#259;ng t&#7915; Chicago &#273;&#7871;n Kuala Lumpur.
S&#7921; c&#7889; n&agrave;y kh&ocirc;ng ph&#7843;i do m&#7897;t <a href="https://vn.beincrypto.com/upbit-hack-threatens-dunamu-naver-merger/" target="_blank" rel="noreferrer noopener">cu&#7897;c t&#7845;n c&ocirc;ng m&#7841;ng</a> hay s&#7921; can thi&#7879;p th&#7883; tr&#432;&#7901;ng. H&#7879; th&#7889;ng l&agrave;m m&aacute;t &#273;&atilde; th&#7845;t b&#7841;i trong vi&#7879;c lo&#7841;i b&#7887; nhi&#7879;t t&#7915; ph&#7847;n c&#7913;ng. Khi c&aacute;c m&aacute;y ch&#7911; qu&aacute; n&oacute;ng, c&aacute;c bi&#7879;n ph&aacute;p b&#7843;o v&#7879; &#273;&atilde; t&#7855;t h&#7879; th&#7889;ng &#273;&#7875; ng&#259;n ng&#7915;a thi&#7879;t h&#7841;i nghi&ecirc;m tr&#7885;ng.
&#272;&#7889;i v&#7899;i c&aacute;c nh&agrave; giao d&#7883;ch, s&#7921; gi&aacute;n &#273;o&#7841;n &#273;&#7897;t ng&#7897;t n&agrave;y th&#7853;t &#273;&aacute;ng lo ng&#7841;i. Gi&aacute; v&agrave;ng &#273;&atilde; tr&#7843;i qua hai &#273;&#7907;t thanh l&yacute; gi&#7843;m m&#7841;nh 40 USD tr&#432;&#7899;c khi ph&#7909;c h&#7891;i, trong khi gi&aacute; b&#7841;c gi&#7843;m kho&#7843;ng 1 USD ch&#7881; trong v&agrave;i ph&uacute;t sau khi s&#7921; c&#7889; x&#7843;y ra.
<img style="height:400px;width:640px;" decoding="async" src="https://assets.beincrypto.com/img/xuUQSFT68yeor9aUTOaTP3XSV2Q=/smart/303f2c8d367545b1b80174f577b30f4d" alt="Bi&#7871;n &#273;&#7897;ng gi&aacute; v&agrave;ng (XAU) v&agrave; b&#7841;c (XAG)" class="wp-image-777922">Bi&#7871;n &#273;&#7897;ng gi&aacute; v&agrave;ng (XAU) v&agrave; b&#7841;c (XAG). Ngu&#7891;n: <a href="https://www.tradingview.com/x/hEmHi1Zd/" target="_blank" rel="noreferrer noopener nofollow">TradingView</a>

Nh&#7919;ng bi&#7871;n &#273;&#7897;ng n&agrave;y d&#432;&#7901;ng nh&#432; kh&ocirc;ng li&ecirc;n quan &#273;&#7871;n ho&#7841;t &#273;&#7897;ng b&aacute;n tr&ecirc;n th&#7883; tr&#432;&#7901;ng, l&agrave;m d&#7845;y l&ecirc;n suy &#273;o&aacute;n v&#7873; c&aacute;c v&#7845;n &#273;&#7873; h&#7879; th&#7889;ng ho&#7863;c s&#7921; can thi&#7879;p th&#7883; tr&#432;&#7901;ng.
C&aacute;c nh&agrave; quan s&aacute;t th&#7883; tr&#432;&#7901;ng &#273;&atilde; l&#432;u &yacute; r&#7857;ng s&#7921; gi&aacute;n &#273;o&#7841;n tr&ugrave;ng kh&#7899;p v&#7899;i th&#7901;i &#273;i&#7875;m <a href="https://vn.beincrypto.com/top-3-price-prediction-bitcoin-gold-silver-bulls-come-ashore-ahead-of-october-fomc-minutes/" target="_blank" rel="noreferrer noopener">v&agrave;ng v&agrave; b&#7841;c</a> ti&#7879;m c&#7853;n breakout &#273;&#7847;y ti&#7873;m n&#259;ng.
S&#7921; lao d&#7889;c &#273;&#7891;ng b&#7897; trong c&aacute;c kim lo&#7841;i qu&yacute; n&agrave;y l&agrave;m gia t&#259;ng nghi ng&#7901; v&#7873; vi&#7879;c li&#7879;u s&#7921; c&#7889; ng&#7915;ng ho&#7841;t &#273;&#7897;ng ch&#7881; l&agrave; v&#7845;n &#273;&#7873; k&#7929; thu&#7853;t hay kh&ocirc;ng.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-thermodynamic-limits-challenge-financial-systems">Gi&#7899;i h&#7841;n nhi&#7879;t &#273;&#7897;ng th&aacute;ch th&#7913;c h&#7879; th&#7889;ng t&agrave;i ch&iacute;nh</h2>

S&#7921; ki&#7879;n n&agrave;y nh&#7845;n m&#7841;nh m&#7897;t th&aacute;ch th&#7913;c c&#7845;p b&aacute;ch &#273;&#7889;i v&#7899;i t&agrave;i ch&iacute;nh to&agrave;n c&#7847;u. N&#259;m 2024, c&aacute;c trung t&acirc;m d&#7919; li&#7879;u t&#7841;i Hoa K&#7923; ti&ecirc;u th&#7909; 183 terawatt-gi&#7901; &#273;i&#7879;n, chi&#7871;m h&#417;n 4% m&#7913;c ti&ecirc;u th&#7909; qu&#7889;c gia, t&#432;&#417;ng &#273;&#432;&#417;ng nhu c&#7847;u &#273;i&#7879;n h&agrave;ng n&#259;m c&#7911;a Pakistan. D&#7921; b&aacute;o cho th&#7845;y con s&#7889; n&agrave;y s&#7869; h&#417;n g&#7845;p &#273;&ocirc;i, &#273;&#7841;t 426 terawatt-gi&#7901; v&agrave;o n&#259;m 2030.
C&aacute;c t&aacute;c v&#7909; AI &#273;ang khi&#7871;n nhu c&#7847;u n&#259;ng l&#432;&#7907;ng h&agrave;ng n&#259;m t&#259;ng g&#7847;n 30%. Nhi&#7879;t l&#432;&#7907;ng t&#7841;o ra b&#7903;i t&iacute;nh to&aacute;n ph&#7843;i &#273;&#432;&#7907;c lo&#7841;i b&#7887; hi&#7879;u qu&#7843;.
C&#417; s&#7903; h&#7841; t&#7847;ng c&#7911;a CME, &#273;&#432;&#7907;c x&acirc;y d&#7921;ng cho nhu c&#7847;u n&#259;m 2015, nay &#273;&#7889;i m&#7863;t v&#7899;i y&ecirc;u c&#7847;u t&iacute;nh to&aacute;n cao h&#417;n c&#7911;a n&#259;m 2025.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;CME Group, &#273;&#7883;nh gi&aacute; t&#7845;t c&#7843; t&#7915; tr&aacute;i phi&#7871;u kho b&#7841;c &#273;&#7871;n d&#7847;u th&ocirc; v&agrave; S&amp;P 500, &#273;&atilde; t&#7855;t v&igrave; c&aacute;c m&aacute;y m&oacute;c &#273;i&#7873;u h&agrave;nh t&agrave;i ch&iacute;nh to&agrave;n c&#7847;u v&#432;&#7907;t qu&aacute; gi&#7899;i h&#7841;n nhi&#7879;t c&#7911;a ch&uacute;ng. Nhi&#7879;t do t&iacute;nh to&aacute;n t&#7841;o ra &#273;&atilde; &aacute;p &#273;&#7843;o kh&#7843; n&#259;ng lo&#7841;i b&#7887; c&#7911;a h&#7879; th&#7889;ng. &#272;&acirc;y kh&ocirc;ng ph&#7843;i l&agrave; s&#7921; c&#7889;. &#272;&acirc;y l&agrave; m&#7897;t c&#7843;nh b&aacute;o c&#7845;u tr&uacute;c,&rdquo; <a href="https://x.com/shanaka86/status/1994301555730939989?s=20" target="_blank" rel="noreferrer noopener nofollow">vi&#7871;t</a> Shanaka Anslem trong m&#7897;t b&agrave;i &#273;&#259;ng.
</blockquote>

&#272;&aacute;ng ch&uacute; &yacute;, CME Group &#273;&atilde; b&aacute;n trung t&acirc;m d&#7919; li&#7879;u b&#7883; &#7843;nh h&#432;&#7903;ng v&agrave;o n&#259;m 2016 v&agrave; thu&ecirc; l&#7841;i t&#7915; CyrusOne. Khi l&agrave;m m&aacute;t kh&ocirc;ng th&agrave;nh c&ocirc;ng, s&agrave;n giao d&#7883;ch kh&ocirc;ng s&#7903; h&#7919;u hay ki&#7875;m so&aacute;t g&igrave;, ch&#7901; &#273;&#7907;i nh&#432; kh&aacute;ch h&agrave;ng &#273;&#7875; b&ecirc;n cung c&#7845;p th&#7913; ba kh&ocirc;i ph&#7909;c kh&#7843; n&#259;ng.
Vi&#7879;c t&#7853;p trung n&agrave;y t&#7841;o ra m&#7897;t &#273;i&#7875;m th&#7845;t b&#7841;i &#273;&aacute;ng k&#7875;. N&oacute; g&#7907;i nh&#7899; &#273;&#7871;n s&#7921; c&#7889; <a href="https://vn.beincrypto.com/cloudflare-crypto-centralization-outage/" target="_blank" rel="noreferrer noopener">Cloudflare</a> g&#7847;n &#273;&acirc;y, c&#361;ng &#273;&atilde; l&agrave;m r&otilde; v&#7845;n &#273;&#7873; t&#7853;p trung trong Web3.
M&#7897;t s&#7889; nh&agrave; ph&ecirc; b&igrave;nh cho r&#7857;ng c&#417; s&#7903; h&#7841; t&#7847;ng th&#7883; tr&#432;&#7901;ng ng&agrave;y nay kh&ocirc;ng ph&ugrave; h&#7907;p v&#7899;i y&ecirc;u c&#7847;u hi&#7879;n &#273;&#7841;i. Vi&#7879;c x&aacute;c &#273;&#7883;nh gi&aacute; to&agrave;n c&#7847;u c&ograve;n ph&#7909; thu&#7897;c v&agrave;o c&aacute;c m&aacute;y ch&#7911; t&#7853;p trung, c&oacute; th&#7875; b&#7883; h&#7841;n ch&#7871; v&#7873; m&#7863;t v&#7853;t l&yacute;.
Gi&#7901; &#273;&acirc;y, kh&#7843; n&#259;ng lo&#7841;i b&#7887; nhi&#7879;t &#273;&#7863;t ra gi&#7899;i h&#7841;n th&#7921;c s&#7921; cho c&aacute;c giao d&#7883;ch th&#7883; tr&#432;&#7901;ng, ch&#7913; kh&ocirc;ng ch&#7881; l&agrave; hi&#7879;u su&#7845;t ph&#7847;n c&#7913;ng hay ph&#7847;n m&#7873;m.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-what-really-happened-competing-narratives-and-market-implications">&#272;i&#7873;u g&igrave; &#273;&atilde; th&#7921;c s&#7921; x&#7843;y ra? C&aacute;c c&acirc;u chuy&#7879;n c&#7841;nh tranh v&agrave; t&aacute;c &#273;&#7897;ng &#273;&#7871;n th&#7883; tr&#432;&#7901;ng</h2>

Hai gi&#7843;i th&iacute;ch ch&iacute;nh &#273;&atilde; xu&#7845;t hi&#7879;n. C&acirc;u chuy&#7879;n ch&iacute;nh th&#7913;c cho r&#7857;ng m&#7897;t s&#7921; c&#7889; l&agrave;m m&aacute;t t&#7841;i c&#417; s&#7903; CyrusOne l&agrave; nguy&ecirc;n nh&acirc;n.
Theo <a href="https://www.cmegroup.com/tools-information/cme-global-command-center-system-alerts.html" target="_blank" rel="noopener">Trung t&acirc;m Ch&#7881; huy To&agrave;n c&#7847;u</a> c&#7911;a CME Group, c&aacute;c &#273;&#7897;i ng&#361; nhanh ch&oacute;ng l&agrave;m vi&#7879;c &#273;&#7875; gi&#7843;i quy&#7871;t v&#7845;n &#273;&#7873; nhi&#7879;t v&agrave; kh&ocirc;i ph&#7909;c giao d&#7883;ch.
Tuy nhi&ecirc;n, nhi&#7873;u nh&agrave; giao d&#7883;ch v&#7851;n ho&agrave;i nghi. C&aacute;c nh&agrave; ph&ecirc; b&igrave;nh ch&#7881; ra r&#7857;ng ch&#7881; c&oacute; m&aacute;y ch&#7911; kh&#7899;p l&#7879;nh c&#7911;a CME b&#7883; &#7843;nh h&#432;&#7903;ng, m&#7863;c d&ugrave; nhi&#7873;u kh&aacute;ch h&agrave;ng s&#7917; d&#7909;ng c&ugrave;ng c&#417; s&#7903; d&#7919; li&#7879;u CyrusOne.
N&#7871;u s&#7921; c&#7889; l&agrave;m m&aacute;t l&agrave; tr&ecirc;n to&agrave;n c&#417; s&#7903;, nhi&#7873;u h&#7879; th&#7889;ng h&#417;n &#273;&atilde; ph&#7843;i d&#7915;ng l&#7841;i. S&#7921; gi&aacute;n &#273;o&#7841;n c&oacute; ch&#7885;n l&#7885;c &#273;&atilde; l&agrave;m n&#7843;y sinh nghi ng&#7901; v&#7873; m&#7897;t s&#7921; c&#7889; ng&#7851;u nhi&ecirc;n thu&#7847;n t&uacute;y.
<img style="height:400px;width:640px;" decoding="async" src="https://assets.beincrypto.com/img/kUM6gofDbjzXFObJ1qSidzDPI1A=/smart/661e128d17854230a96abbcb73a96645" alt="B&agrave;i &#273;&#259;ng tr&ecirc;n m&#7841;ng x&atilde; h&#7897;i &#273;&#7863;t c&acirc;u h&#7887;i v&#7873; c&acirc;u chuy&#7879;n s&#7921; c&#7889; CME" class="wp-image-777908">C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch th&#7883; tr&#432;&#7901;ng &#273;&#7863;t c&acirc;u h&#7887;i t&#7841;i sao ch&#7881; c&oacute; h&#7879; th&#7889;ng c&#7911;a CME b&#7883; &#7843;nh h&#432;&#7903;ng n&#7871;u s&#7921; c&#7889; l&agrave;m m&aacute;t l&agrave; tr&ecirc;n to&agrave;n c&#417; s&#7903;

<a href="https://x.com/honzacern1/status/1994308814913278190" target="_blank" rel="noopener">M&#7897;t s&#7889; nh&agrave; ph&acirc;n t&iacute;ch &#273;&atilde; &#273;&#7873; xu&#7845;t</a> r&#7857;ng th&#7901;i &#273;i&#7875;m v&agrave; t&iacute;nh ch&#7885;n l&#7885;c ch&#7881; ra m&#7897;t s&#7921; ng&#7915;ng ho&#7841;t &#273;&#7897;ng c&oacute; ki&#7875;m so&aacute;t h&#417;n l&agrave; m&#7897;t s&#7921; c&#7889; ng&#7851;u nhi&ecirc;n.
Nh&#7919;ng bi&#7871;n &#273;&#7897;ng m&#7841;nh &#7903; c&aacute;c kim lo&#7841;i qu&yacute; tr&#432;&#7899;c v&agrave; trong s&#7921; c&#7889; &#273;&atilde; l&agrave;m d&#7845;y l&ecirc;n &#273;&#7891;n &#273;o&aacute;n v&#7873; s&#7921; can thi&#7879;p ho&#7863;c qu&#7843;n l&yacute; kh&#7911;ng ho&#7843;ng.
D&ugrave; nguy&ecirc;n nh&acirc;n g&#7889;c r&#7877; l&agrave; g&igrave;, s&#7921; ki&#7879;n n&agrave;y &#273;&atilde; ch&#7913;ng minh r&#7911;i ro h&#7879; th&#7889;ng.
CME Group &#273;&#7841;t k&#7927; l&#7909;c kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch &#7903; nhi&#7873;u lo&#7841;i t&agrave;i s&#7843;n, bao g&#7891;m <a href="https://vn.beincrypto.com/bitcoin-ethereum-options-expiry-impact-december-2023/" target="_blank" rel="noreferrer noopener">ph&aacute;i sinh ti&#7873;n &#273;i&#7879;n t&#7917;</a>. Th&aacute;ng 10/2025, kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch trung b&igrave;nh h&agrave;ng ng&agrave;y c&#7911;a crypto <a href="https://www.cmegroup.com/media-room/press-releases/2025/11/04/cme_group_octobervolumehitsnewrecordof263millioncontractsup8year.html" target="_blank" rel="noreferrer noopener nofollow">t&#259;ng v&#7885;t</a> 226%, v&#7899;i h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai Micro Ether t&#259;ng 583% l&ecirc;n 222,000 h&#7907;p &#273;&#7891;ng. Quy m&ocirc; t&#259;ng &#273;&#7891;ng ngh&#297;a v&#7899;i vi&#7879;c d&#7877; d&agrave;ng ph&aacute;t l&#7897; nh&#7919;ng &#273;i&#7875;m y&#7871;u trong h&#7841; t&#7847;ng.
D&ugrave; s&#7921; c&#7889; n&agrave;y x&#7843;y ra trong l&uacute;c <a href="https://vn.beincrypto.com/us-economic-data-bitcoin-thanksgiving/" target="_blank" rel="noreferrer noopener">giao d&#7883;ch ngh&#7881; l&#7877; &iacute;t bi&#7871;n &#273;&#7897;ng</a>, nh&#432;ng m&#7897;t s&#7921; c&#7889; t&#432;&#417;ng t&#7921; trong l&uacute;c th&#7883; tr&#432;&#7901;ng c&#259;ng th&#7859;ng c&oacute; th&#7875; l&agrave;m t&#259;ng nguy c&#417; h&#7879; th&#7889;ng.
Ngay c&#7843; vi&#7879;c ng&#7915;ng ho&#7841;t &#273;&#7897;ng ng&#7855;n ng&#7911;i trong <a href="https://vn.beincrypto.com/bitcoin-price-25-percent-risk-setup/" target="_blank" rel="noopener">qu&aacute; tr&igrave;nh kh&aacute;m ph&aacute; gi&aacute; to&agrave;n c&#7847;u</a> c&#361;ng c&oacute; th&#7875; g&acirc;y ra s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n v&agrave; bi&#7871;n &#273;&#7897;ng, th&#7853;m ch&iacute; t&#7841;o hi&#7879;u &#7913;ng d&acirc;y chuy&#7873;n trong c&aacute;c th&#7883; tr&#432;&#7901;ng li&ecirc;n quan.
C&#417; s&#7903; h&#7841; t&#7847;ng t&agrave;i ch&iacute;nh hi&#7879;n t&#7841;i b&#7883; gi&#7899;i h&#7841;n b&#7903;i c&aacute;c h&#7841;n ch&#7871; nhi&#7879;t &#273;&#7897;ng l&#7921;c h&#7885;c. C&#7847;n c&#7843;i ti&#7871;n ph&acirc;n ph&#7889;i, t&#259;ng c&#432;&#7901;ng h&#7879; th&#7889;ng d&#7921; ph&ograve;ng v&agrave; t&aacute;i thi&#7871;t k&#7871; ki&#7871;n tr&uacute;c &#273;&#7875; ng&#259;n ch&#7863;n c&aacute;c s&#7921; c&#7889; trong t&#432;&#417;ng lai. Nh&#7919;ng h&#7841;n ch&#7871; nhi&#7879;t &#273;&#7897;ng l&#7921;c h&#7885;c hi&#7879;n &#273;ang ki&#7873;m ch&#7871; c&#417; s&#7903; h&#7841; t&#7847;ng t&agrave;i ch&iacute;nh.
C&acirc;u h&#7887;i quan tr&#7885;ng l&agrave; li&#7879;u ng&agrave;nh c&ocirc;ng nghi&#7879;p n&agrave;y s&#7869; ch&#7911; &#273;&#7897;ng th&iacute;ch nghi hay s&#7869; b&#7883; bu&#7897;c ph&#7843;i ph&#7843;n &#7913;ng sau khi c&oacute; th&ecirc;m c&aacute;c gi&aacute;n &#273;o&#7841;n.

90% công cụ phái sinh bị đóng băng khi sự cố làm mát ngưng trệ tài chính toàn cầu

V&agrave;o l&uacute;c 03:00 GMT ng&agrave;y 28/11/2025, m&#7897;t s&#7921; c&#7889; h&#7879; th&#7889;ng l&agrave;m m&aacute;t &#273;&atilde; khi&#7871;n 90% giao d&#7883;ch ph&aacute;i sinh to&agrave;n c&#7847;u t&#7841;m ng&#7915;ng khi c&aacute;c m&aacute;y m&oacute;c t&#7841;i trung t&acirc;m d&#7919; li&#7879;u CyrusOne &#7903; Illinois b&#7883; qu&aacute; nhi&#7879;t. &#272;i&#7873;u n&agrave;y khi&#7871;n h&#7879; th&#7889;ng c&#7911;a CME Group ng&#7915;ng ho&#7841;t &#273;&#7897;ng.
S&#7921; c&#7889; k&#7929; thu&#7853;t n&agrave;y &#273;&atilde; b&#7897;c l&#7897; m&#7897;t l&#7895; h&#7893;ng nghi&ecirc;m tr&#7885;ng trong c&#417; s&#7903; h&#7841; t&#7847;ng t&agrave;i ch&iacute;nh. Kh&#7843; n&#259;ng l&agrave;m m&aacute;t v&#7853;t l&yacute;, ch&#7913; kh&ocirc;ng ph&#7843;i t&iacute;nh to&aacute;n hay c&aacute;c m&#7889;i &#273;e d&#7885;a m&#7841;ng, &#273;&#7897;t nhi&ecirc;n tr&#7903; th&agrave;nh &#273;i&#7875;m y&#7871;u cho ho&#7841;t &#273;&#7897;ng th&#7883; tr&#432;&#7901;ng to&agrave;n c&#7847;u.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-cooling-system-failure-halts-global-trading">S&#7921; c&#7889; h&#7879; th&#7889;ng l&agrave;m m&aacute;t l&agrave;m ng&#432;ng tr&#7879; giao d&#7883;ch to&agrave;n c&#7847;u</h2>

CME Group <a href="https://www.cmegroup.com/tools-information/cme-global-command-center-system-alerts.html" target="_blank" rel="noreferrer noopener nofollow">x&aacute;c nh&#7853;n</a> r&#7857;ng t&#7845;t c&#7843; c&aacute;c th&#7883; tr&#432;&#7901;ng &#273;&atilde; d&#7915;ng ho&#7841;t &#273;&#7897;ng do s&#7921; c&#7889; l&agrave;m m&aacute;t t&#7841;i trung t&acirc;m d&#7919; li&#7879;u CyrusOne. S&agrave;n giao d&#7883;ch x&#7917; l&yacute; kho&#7843;ng 30 tri&#7879;u h&#7907;p &#273;&#7891;ng m&#7895;i ng&agrave;y &#273;&atilde; ng&#7915;ng ho&#7841;t &#273;&#7897;ng tr&ecirc;n to&agrave;n b&#7897; n&#7873;n t&#7843;ng Globex c&#7911;a m&igrave;nh. C&aacute;c th&#7883; tr&#432;&#7901;ng t&#432;&#417;ng lai v&#7873; tr&aacute;i phi&#7871;u kho b&#7841;c, n&#259;ng l&#432;&#7907;ng v&agrave; n&ocirc;ng s&#7843;n b&#7883; &#273;&oacute;ng b&#259;ng t&#7915; Chicago &#273;&#7871;n Kuala Lumpur.
S&#7921; c&#7889; n&agrave;y kh&ocirc;ng ph&#7843;i do m&#7897;t <a href="https://vn.beincrypto.com/upbit-hack-threatens-dunamu-naver-merger/" target="_blank" rel="noreferrer noopener">cu&#7897;c t&#7845;n c&ocirc;ng m&#7841;ng</a> hay s&#7921; can thi&#7879;p th&#7883; tr&#432;&#7901;ng. H&#7879; th&#7889;ng l&agrave;m m&aacute;t &#273;&atilde; th&#7845;t b&#7841;i trong vi&#7879;c lo&#7841;i b&#7887; nhi&#7879;t t&#7915; ph&#7847;n c&#7913;ng. Khi c&aacute;c m&aacute;y ch&#7911; qu&aacute; n&oacute;ng, c&aacute;c bi&#7879;n ph&aacute;p b&#7843;o v&#7879; &#273;&atilde; t&#7855;t h&#7879; th&#7889;ng &#273;&#7875; ng&#259;n ng&#7915;a thi&#7879;t h&#7841;i nghi&ecirc;m tr&#7885;ng.
&#272;&#7889;i v&#7899;i c&aacute;c nh&agrave; giao d&#7883;ch, s&#7921; gi&aacute;n &#273;o&#7841;n &#273;&#7897;t ng&#7897;t n&agrave;y th&#7853;t &#273;&aacute;ng lo ng&#7841;i. Gi&aacute; v&agrave;ng &#273;&atilde; tr&#7843;i qua hai &#273;&#7907;t thanh l&yacute; gi&#7843;m m&#7841;nh 40 USD tr&#432;&#7899;c khi ph&#7909;c h&#7891;i, trong khi gi&aacute; b&#7841;c gi&#7843;m kho&#7843;ng 1 USD ch&#7881; trong v&agrave;i ph&uacute;t sau khi s&#7921; c&#7889; x&#7843;y ra.
<img style="height:400px;width:640px;"decoding="async" src="https://assets.beincrypto.com/img/xuUQSFT68yeor9aUTOaTP3XSV2Q=/smart/303f2c8d367545b1b80174f577b30f4d" alt="Bi&#7871;n &#273;&#7897;ng gi&aacute; v&agrave;ng (XAU) v&agrave; b&#7841;c (XAG)" class="wp-image-777922">Bi&#7871;n &#273;&#7897;ng gi&aacute; v&agrave;ng (XAU) v&agrave; b&#7841;c (XAG). Ngu&#7891;n: <a href="https://www.tradingview.com/x/hEmHi1Zd/" target="_blank" rel="noreferrer noopener nofollow">TradingView</a>

Nh&#7919;ng bi&#7871;n &#273;&#7897;ng n&agrave;y d&#432;&#7901;ng nh&#432; kh&ocirc;ng li&ecirc;n quan &#273;&#7871;n ho&#7841;t &#273;&#7897;ng b&aacute;n tr&ecirc;n th&#7883; tr&#432;&#7901;ng, l&agrave;m d&#7845;y l&ecirc;n suy &#273;o&aacute;n v&#7873; c&aacute;c v&#7845;n &#273;&#7873; h&#7879; th&#7889;ng ho&#7863;c s&#7921; can thi&#7879;p th&#7883; tr&#432;&#7901;ng.
C&aacute;c nh&agrave; quan s&aacute;t th&#7883; tr&#432;&#7901;ng &#273;&atilde; l&#432;u &yacute; r&#7857;ng s&#7921; gi&aacute;n &#273;o&#7841;n tr&ugrave;ng kh&#7899;p v&#7899;i th&#7901;i &#273;i&#7875;m <a href="https://vn.beincrypto.com/top-3-price-prediction-bitcoin-gold-silver-bulls-come-ashore-ahead-of-october-fomc-minutes/" target="_blank" rel="noreferrer noopener">v&agrave;ng v&agrave; b&#7841;c</a> ti&#7879;m c&#7853;n breakout &#273;&#7847;y ti&#7873;m n&#259;ng.
S&#7921; lao d&#7889;c &#273;&#7891;ng b&#7897; trong c&aacute;c kim lo&#7841;i qu&yacute; n&agrave;y l&agrave;m gia t&#259;ng nghi ng&#7901; v&#7873; vi&#7879;c li&#7879;u s&#7921; c&#7889; ng&#7915;ng ho&#7841;t &#273;&#7897;ng ch&#7881; l&agrave; v&#7845;n &#273;&#7873; k&#7929; thu&#7853;t hay kh&ocirc;ng.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-thermodynamic-limits-challenge-financial-systems">Gi&#7899;i h&#7841;n nhi&#7879;t &#273;&#7897;ng th&aacute;ch th&#7913;c h&#7879; th&#7889;ng t&agrave;i ch&iacute;nh</h2>

S&#7921; ki&#7879;n n&agrave;y nh&#7845;n m&#7841;nh m&#7897;t th&aacute;ch th&#7913;c c&#7845;p b&aacute;ch &#273;&#7889;i v&#7899;i t&agrave;i ch&iacute;nh to&agrave;n c&#7847;u. N&#259;m 2024, c&aacute;c trung t&acirc;m d&#7919; li&#7879;u t&#7841;i Hoa K&#7923; ti&ecirc;u th&#7909; 183 terawatt-gi&#7901; &#273;i&#7879;n, chi&#7871;m h&#417;n 4% m&#7913;c ti&ecirc;u th&#7909; qu&#7889;c gia, t&#432;&#417;ng &#273;&#432;&#417;ng nhu c&#7847;u &#273;i&#7879;n h&agrave;ng n&#259;m c&#7911;a Pakistan. D&#7921; b&aacute;o cho th&#7845;y con s&#7889; n&agrave;y s&#7869; h&#417;n g&#7845;p &#273;&ocirc;i, &#273;&#7841;t 426 terawatt-gi&#7901; v&agrave;o n&#259;m 2030.
C&aacute;c t&aacute;c v&#7909; AI &#273;ang khi&#7871;n nhu c&#7847;u n&#259;ng l&#432;&#7907;ng h&agrave;ng n&#259;m t&#259;ng g&#7847;n 30%. Nhi&#7879;t l&#432;&#7907;ng t&#7841;o ra b&#7903;i t&iacute;nh to&aacute;n ph&#7843;i &#273;&#432;&#7907;c lo&#7841;i b&#7887; hi&#7879;u qu&#7843;.
C&#417; s&#7903; h&#7841; t&#7847;ng c&#7911;a CME, &#273;&#432;&#7907;c x&acirc;y d&#7921;ng cho nhu c&#7847;u n&#259;m 2015, nay &#273;&#7889;i m&#7863;t v&#7899;i y&ecirc;u c&#7847;u t&iacute;nh to&aacute;n cao h&#417;n c&#7911;a n&#259;m 2025.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;CME Group, &#273;&#7883;nh gi&aacute; t&#7845;t c&#7843; t&#7915; tr&aacute;i phi&#7871;u kho b&#7841;c &#273;&#7871;n d&#7847;u th&ocirc; v&agrave; S&amp;P 500, &#273;&atilde; t&#7855;t v&igrave; c&aacute;c m&aacute;y m&oacute;c &#273;i&#7873;u h&agrave;nh t&agrave;i ch&iacute;nh to&agrave;n c&#7847;u v&#432;&#7907;t qu&aacute; gi&#7899;i h&#7841;n nhi&#7879;t c&#7911;a ch&uacute;ng. Nhi&#7879;t do t&iacute;nh to&aacute;n t&#7841;o ra &#273;&atilde; &aacute;p &#273;&#7843;o kh&#7843; n&#259;ng lo&#7841;i b&#7887; c&#7911;a h&#7879; th&#7889;ng. &#272;&acirc;y kh&ocirc;ng ph&#7843;i l&agrave; s&#7921; c&#7889;. &#272;&acirc;y l&agrave; m&#7897;t c&#7843;nh b&aacute;o c&#7845;u tr&uacute;c,&rdquo; <a href="https://x.com/shanaka86/status/1994301555730939989?s=20" target="_blank" rel="noreferrer noopener nofollow">vi&#7871;t</a> Shanaka Anslem trong m&#7897;t b&agrave;i &#273;&#259;ng.
</blockquote>

&#272;&aacute;ng ch&uacute; &yacute;, CME Group &#273;&atilde; b&aacute;n trung t&acirc;m d&#7919; li&#7879;u b&#7883; &#7843;nh h&#432;&#7903;ng v&agrave;o n&#259;m 2016 v&agrave; thu&ecirc; l&#7841;i t&#7915; CyrusOne. Khi l&agrave;m m&aacute;t kh&ocirc;ng th&agrave;nh c&ocirc;ng, s&agrave;n giao d&#7883;ch kh&ocirc;ng s&#7903; h&#7919;u hay ki&#7875;m so&aacute;t g&igrave;, ch&#7901; &#273;&#7907;i nh&#432; kh&aacute;ch h&agrave;ng &#273;&#7875; b&ecirc;n cung c&#7845;p th&#7913; ba kh&ocirc;i ph&#7909;c kh&#7843; n&#259;ng.
Vi&#7879;c t&#7853;p trung n&agrave;y t&#7841;o ra m&#7897;t &#273;i&#7875;m th&#7845;t b&#7841;i &#273;&aacute;ng k&#7875;. N&oacute; g&#7907;i nh&#7899; &#273;&#7871;n s&#7921; c&#7889; <a href="https://vn.beincrypto.com/cloudflare-crypto-centralization-outage/" target="_blank" rel="noreferrer noopener">Cloudflare</a> g&#7847;n &#273;&acirc;y, c&#361;ng &#273;&atilde; l&agrave;m r&otilde; v&#7845;n &#273;&#7873; t&#7853;p trung trong Web3.
M&#7897;t s&#7889; nh&agrave; ph&ecirc; b&igrave;nh cho r&#7857;ng c&#417; s&#7903; h&#7841; t&#7847;ng th&#7883; tr&#432;&#7901;ng ng&agrave;y nay kh&ocirc;ng ph&ugrave; h&#7907;p v&#7899;i y&ecirc;u c&#7847;u hi&#7879;n &#273;&#7841;i. Vi&#7879;c x&aacute;c &#273;&#7883;nh gi&aacute; to&agrave;n c&#7847;u c&ograve;n ph&#7909; thu&#7897;c v&agrave;o c&aacute;c m&aacute;y ch&#7911; t&#7853;p trung, c&oacute; th&#7875; b&#7883; h&#7841;n ch&#7871; v&#7873; m&#7863;t v&#7853;t l&yacute;.
Gi&#7901; &#273;&acirc;y, kh&#7843; n&#259;ng lo&#7841;i b&#7887; nhi&#7879;t &#273;&#7863;t ra gi&#7899;i h&#7841;n th&#7921;c s&#7921; cho c&aacute;c giao d&#7883;ch th&#7883; tr&#432;&#7901;ng, ch&#7913; kh&ocirc;ng ch&#7881; l&agrave; hi&#7879;u su&#7845;t ph&#7847;n c&#7913;ng hay ph&#7847;n m&#7873;m.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-what-really-happened-competing-narratives-and-market-implications">&#272;i&#7873;u g&igrave; &#273;&atilde; th&#7921;c s&#7921; x&#7843;y ra? C&aacute;c c&acirc;u chuy&#7879;n c&#7841;nh tranh v&agrave; t&aacute;c &#273;&#7897;ng &#273;&#7871;n th&#7883; tr&#432;&#7901;ng</h2>

Hai gi&#7843;i th&iacute;ch ch&iacute;nh &#273;&atilde; xu&#7845;t hi&#7879;n. C&acirc;u chuy&#7879;n ch&iacute;nh th&#7913;c cho r&#7857;ng m&#7897;t s&#7921; c&#7889; l&agrave;m m&aacute;t t&#7841;i c&#417; s&#7903; CyrusOne l&agrave; nguy&ecirc;n nh&acirc;n.
Theo <a href="https://www.cmegroup.com/tools-information/cme-global-command-center-system-alerts.html" target="_blank" rel="noopener">Trung t&acirc;m Ch&#7881; huy To&agrave;n c&#7847;u</a> c&#7911;a CME Group, c&aacute;c &#273;&#7897;i ng&#361; nhanh ch&oacute;ng l&agrave;m vi&#7879;c &#273;&#7875; gi&#7843;i quy&#7871;t v&#7845;n &#273;&#7873; nhi&#7879;t v&agrave; kh&ocirc;i ph&#7909;c giao d&#7883;ch.
Tuy nhi&ecirc;n, nhi&#7873;u nh&agrave; giao d&#7883;ch v&#7851;n ho&agrave;i nghi. C&aacute;c nh&agrave; ph&ecirc; b&igrave;nh ch&#7881; ra r&#7857;ng ch&#7881; c&oacute; m&aacute;y ch&#7911; kh&#7899;p l&#7879;nh c&#7911;a CME b&#7883; &#7843;nh h&#432;&#7903;ng, m&#7863;c d&ugrave; nhi&#7873;u kh&aacute;ch h&agrave;ng s&#7917; d&#7909;ng c&ugrave;ng c&#417; s&#7903; d&#7919; li&#7879;u CyrusOne.
N&#7871;u s&#7921; c&#7889; l&agrave;m m&aacute;t l&agrave; tr&ecirc;n to&agrave;n c&#417; s&#7903;, nhi&#7873;u h&#7879; th&#7889;ng h&#417;n &#273;&atilde; ph&#7843;i d&#7915;ng l&#7841;i. S&#7921; gi&aacute;n &#273;o&#7841;n c&oacute; ch&#7885;n l&#7885;c &#273;&atilde; l&agrave;m n&#7843;y sinh nghi ng&#7901; v&#7873; m&#7897;t s&#7921; c&#7889; ng&#7851;u nhi&ecirc;n thu&#7847;n t&uacute;y.
<img style="height:400px;width:640px;"decoding="async" src="https://assets.beincrypto.com/img/kUM6gofDbjzXFObJ1qSidzDPI1A=/smart/661e128d17854230a96abbcb73a96645" alt="B&agrave;i &#273;&#259;ng tr&ecirc;n m&#7841;ng x&atilde; h&#7897;i &#273;&#7863;t c&acirc;u h&#7887;i v&#7873; c&acirc;u chuy&#7879;n s&#7921; c&#7889; CME" class="wp-image-777908">C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch th&#7883; tr&#432;&#7901;ng &#273;&#7863;t c&acirc;u h&#7887;i t&#7841;i sao ch&#7881; c&oacute; h&#7879; th&#7889;ng c&#7911;a CME b&#7883; &#7843;nh h&#432;&#7903;ng n&#7871;u s&#7921; c&#7889; l&agrave;m m&aacute;t l&agrave; tr&ecirc;n to&agrave;n c&#417; s&#7903;

<a href="https://x.com/honzacern1/status/1994308814913278190" target="_blank" rel="noopener">M&#7897;t s&#7889; nh&agrave; ph&acirc;n t&iacute;ch &#273;&atilde; &#273;&#7873; xu&#7845;t</a> r&#7857;ng th&#7901;i &#273;i&#7875;m v&agrave; t&iacute;nh ch&#7885;n l&#7885;c ch&#7881; ra m&#7897;t s&#7921; ng&#7915;ng ho&#7841;t &#273;&#7897;ng c&oacute; ki&#7875;m so&aacute;t h&#417;n l&agrave; m&#7897;t s&#7921; c&#7889; ng&#7851;u nhi&ecirc;n.
Nh&#7919;ng bi&#7871;n &#273;&#7897;ng m&#7841;nh &#7903; c&aacute;c kim lo&#7841;i qu&yacute; tr&#432;&#7899;c v&agrave; trong s&#7921; c&#7889; &#273;&atilde; l&agrave;m d&#7845;y l&ecirc;n &#273;&#7891;n &#273;o&aacute;n v&#7873; s&#7921; can thi&#7879;p ho&#7863;c qu&#7843;n l&yacute; kh&#7911;ng ho&#7843;ng.
D&ugrave; nguy&ecirc;n nh&acirc;n g&#7889;c r&#7877; l&agrave; g&igrave;, s&#7921; ki&#7879;n n&agrave;y &#273;&atilde; ch&#7913;ng minh r&#7911;i ro h&#7879; th&#7889;ng.
CME Group &#273;&#7841;t k&#7927; l&#7909;c kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch &#7903; nhi&#7873;u lo&#7841;i t&agrave;i s&#7843;n, bao g&#7891;m <a href="https://vn.beincrypto.com/bitcoin-ethereum-options-expiry-impact-december-2023/" target="_blank" rel="noreferrer noopener">ph&aacute;i sinh ti&#7873;n &#273;i&#7879;n t&#7917;</a>. Th&aacute;ng 10/2025, kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch trung b&igrave;nh h&agrave;ng ng&agrave;y c&#7911;a crypto <a href="https://www.cmegroup.com/media-room/press-releases/2025/11/04/cme_group_octobervolumehitsnewrecordof263millioncontractsup8year.html" target="_blank" rel="noreferrer noopener nofollow">t&#259;ng v&#7885;t</a> 226%, v&#7899;i h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai Micro Ether t&#259;ng 583% l&ecirc;n 222,000 h&#7907;p &#273;&#7891;ng. Quy m&ocirc; t&#259;ng &#273;&#7891;ng ngh&#297;a v&#7899;i vi&#7879;c d&#7877; d&agrave;ng ph&aacute;t l&#7897; nh&#7919;ng &#273;i&#7875;m y&#7871;u trong h&#7841; t&#7847;ng.
D&ugrave; s&#7921; c&#7889; n&agrave;y x&#7843;y ra trong l&uacute;c <a href="https://vn.beincrypto.com/us-economic-data-bitcoin-thanksgiving/" target="_blank" rel="noreferrer noopener">giao d&#7883;ch ngh&#7881; l&#7877; &iacute;t bi&#7871;n &#273;&#7897;ng</a>, nh&#432;ng m&#7897;t s&#7921; c&#7889; t&#432;&#417;ng t&#7921; trong l&uacute;c th&#7883; tr&#432;&#7901;ng c&#259;ng th&#7859;ng c&oacute; th&#7875; l&agrave;m t&#259;ng nguy c&#417; h&#7879; th&#7889;ng.
Ngay c&#7843; vi&#7879;c ng&#7915;ng ho&#7841;t &#273;&#7897;ng ng&#7855;n ng&#7911;i trong <a href="https://vn.beincrypto.com/bitcoin-price-25-percent-risk-setup/" target="_blank" rel="noopener">qu&aacute; tr&igrave;nh kh&aacute;m ph&aacute; gi&aacute; to&agrave;n c&#7847;u</a> c&#361;ng c&oacute; th&#7875; g&acirc;y ra s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n v&agrave; bi&#7871;n &#273;&#7897;ng, th&#7853;m ch&iacute; t&#7841;o hi&#7879;u &#7913;ng d&acirc;y chuy&#7873;n trong c&aacute;c th&#7883; tr&#432;&#7901;ng li&ecirc;n quan.
C&#417; s&#7903; h&#7841; t&#7847;ng t&agrave;i ch&iacute;nh hi&#7879;n t&#7841;i b&#7883; gi&#7899;i h&#7841;n b&#7903;i c&aacute;c h&#7841;n ch&#7871; nhi&#7879;t &#273;&#7897;ng l&#7921;c h&#7885;c. C&#7847;n c&#7843;i ti&#7871;n ph&acirc;n ph&#7889;i, t&#259;ng c&#432;&#7901;ng h&#7879; th&#7889;ng d&#7921; ph&ograve;ng v&agrave; t&aacute;i thi&#7871;t k&#7871; ki&#7871;n tr&uacute;c &#273;&#7875; ng&#259;n ch&#7863;n c&aacute;c s&#7921; c&#7889; trong t&#432;&#417;ng lai. Nh&#7919;ng h&#7841;n ch&#7871; nhi&#7879;t &#273;&#7897;ng l&#7921;c h&#7885;c hi&#7879;n &#273;ang ki&#7873;m ch&#7871; c&#417; s&#7903; h&#7841; t&#7847;ng t&agrave;i ch&iacute;nh.
C&acirc;u h&#7887;i quan tr&#7885;ng l&agrave; li&#7879;u ng&agrave;nh c&ocirc;ng nghi&#7879;p n&agrave;y s&#7869; ch&#7911; &#273;&#7897;ng th&iacute;ch nghi hay s&#7869; b&#7883; bu&#7897;c ph&#7843;i ph&#7843;n &#7913;ng sau khi c&oacute; th&ecirc;m c&aacute;c gi&aacute;n &#273;o&#7841;n.