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News
Ethereum Whale Accumulation Builds; Break Above $2,970 Could Open Path to $5,000
32+ min ago (228+ words) Ethereum has jumped 34% in recent days, and continued accumulation by large holders alongside shrinking exchange balances is fueling expectations of further gains. Crypto analyst Ali Martinez wrote on Aug. 23 that Ethereum’s market value-to-realized value, or MVRV, ratio formed a golden…...
Bitcoin Nears $80,000 as Short Liquidations, $1 Billion in ETF Inflows Fuel More Upside Bets
49+ min ago (691+ words) Bitcoin saw short liquidations and weekly ETF inflows of $1 billion create short-term buying pressure, but a zone where the RSI at 82.95 (overbought) and the inverse momentum at -1.32% converge is expected. While a bullish MACD and rising volume provide support, funding…...
China’s YMTC Seeks $4.6 Billion in Star Market IPO
12+ hour, 12+ min ago (251+ words) China’s NAND flash maker **YMTC** plans to raise 33 billion yuan, or about **$4.6 billion**, through a **Star Market IPO**. **YMTC** plans to use the proceeds for **production-line technology upgrades (20.8 billion yuan)** and **research and development (12.2 billion yuan)**. After the listing, the…...
XRP/USDT Drops 4.15% in One Minute on Binance
8+ hour, 5+ min ago (105+ words) **XRP/USDT** fell **4.15% over the past minute**, indicating heightened volatility. It was trading at **$1.469**, reaffirming the short-term price level. This price alert is **automated information based on a one-minute interval** and can be used as a reference for ultra-short-term moves....
Anthropic Could Seek $100 Billion IPO at Up to $2 Trillion Valuation
13+ hour, 18+ min ago (127+ words) bloomingbit Anthropic, the US artificial intelligence startup, could be valued at as much as $2 trillion, the New York Times reported on Aug The newspaper said the banks leading Anthropicâs initial public offering have recently discussed with potential investors a…...
Nvidia to Raise AI Chip Prices at Least 15% as Memory Surge Boosts Samsung, SK Hynix Leverage
13+ hour, 18+ min ago (254+ words) Nvidia to lift AI server prices more than 15% as chip inflation bites Nvidia has told major customers it plans to raise prices for artificial intelligence chips by more than 15%, industry officials said on August 23. The move reflects a sharp increase…...
Term Labs Loses $8.5 Million in Governance Hack, Investigation Ongoing
13+ hour, 27+ min ago (174+ words) Decentralized finance protocol **Term Labs** said losses from a hack were estimated at about **$8.5 million**. Security firm **CertiK** said the wallet tied to the Term Labs hacker held about **2,843 Ether** and roughly **1.6 million DAI**, a dollar-pegged stablecoin. **Term Labs** said…...
Bitcoin Hashprice Jumps 20.4% in Four Days to $38.29 per PH/s
14+ hour, 24+ min ago (129+ words) Bitcoin hashprice, a gauge of miner profitability, has surged more than 20% over the past four days. Odaily reported on Aug. 23 that Bitcoin hashprice rose to $38.29 per PH/s on Aug. 22 from $31.80 per PH/s on Aug. 18, an increase of about…...
Hyperliquid Weekly Revenue Jumps to $16.93 Million, Up 196% From Prior Week
14+ hour, 54+ min ago (157+ words) Global decentralized exchange **Hyperliquid** posted cumulative weekly revenue of $16.93 million, up about 196% from the previous week. The report said **Hyperliquid**'s revenue appears to have surged as the cryptocurrency market recovered and **perpetual futures trading** increased. The **Hyperliquid token price…...
US Banks Urge Regulators to Tighten KYC Rules for Stablecoin Secondary Markets
15+ hour, 54+ min ago (178+ words) U.S. banks have urged regulators to apply know-your-customer requirements to the secondary market for stablecoins, including crypto exchanges. Bitcoin.com reported on Aug. 23 that the Bank Policy Institute recently submitted a comment letter to the Financial Crimes Enforcement Network, the U.S. Treasury…...