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AI & Enterprise

Trump Media sells additional 2,628 bitcoin; holdings fall to 4,261 BTC

Trump Media and Technology Group transferred an additional 2,628 bitcoin to Crypto.com, taking its cumulative bitcoin sales over the past seven months to 7,281 BTC. Cointelegraph reported that the company’s bitcoin holdings have fallen to 4,261 BTC. The latest transfer was worth about $165 million. Seven-month cumulative sales were about $545 million, with an average sale price of $74,855 per bitcoin, while remaining holdings were valued at $269.8 million.

AI & Enterprise

AI price war intensifies as open-source AI becomes global mainstream

Price competition among AI companies is intensifying as Chinese firms expand global share with cost-effective open-source models and leading U.S. companies respond with price cuts. DeepSeek’s new coding model V4 Flash drew attention for performance close to Anthropic’s Claude Opus 4.8 at a far lower price. Interest is also rising in open-weight models, including for video generation. In South Korea, companies are moving ahead of an August evaluation for a government-led foundation model project.

Crypto

Bitcoin enters volatile August after July rebound, faces 'August curse'

Bitcoin has entered August trading after rebounding in July, with market attention on whether it can defy the so-called “August curse.” U.Today said bitcoin’s average August return since 2013 is slightly above 1 percent, but the median is negative, with most years ending in losses. It cited recent August declines in 2022 and 2023. The outlet flagged liquidity, technical resistance levels and a potential U.S. vote on the Clarity Act as key factors.