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Crypto
Cardano trading volume jumps 116% in 24 hours, tops $0.20
Cardano's ADA token climbed above $0.20 after its trading volume surged more than 116% over 24 hours. U.Today said the rebound revived bullish sentiment, but it is still too early to judge whether a long-term bull market has begun. ADA recovered key moving averages and pushed toward the 100-day average as spot volumes rose at major exchanges. Derivatives data showed improved sentiment, while liquidations were relatively balanced.
Crypto
Bitcoin miners' shift to AI infrastructure cools stock gains despite faster pivot
Bitcoin mining companies are shifting their business models toward AI and high-performance computing, but the stock market reaction to infrastructure contract announcements appears to be weakening. Cointelegraph reported that while contract size and profitability have increased, investors are focusing more on execution, financing and long-term profitability. An analysis of 25 deals found the average same-day share gain fell to about 10 percent from about 24 percent for earlier announcements.
Crypto
Trump Media drops crypto reserve and prediction market plans
Trump Media & Technology Group has halted plans to set up a CRO-based cryptocurrency reserve company and related digital-asset businesses it had pursued with Crypto.com. It said it mutually agreed with Crypto.com and Yorkville Acquisition to end the “Trump Media Group CRO Strategy,” existing service contracts and plans for digital-asset products. Trump Media also shelved a plan to integrate a prediction market into Truth Social, shifting to a marketing deal instead.
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Crypto
Morgan Stanley buys bitcoin for third straight day, holdings reach $400 million
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Crypto
Bitget considers entering licensed crypto business in Bhutan
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Crypto
Japan FSA asks crypto exchanges to delay withdrawals to block fraud
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Crypto
Stripe affiliate Bridge wins Luxembourg approval, enters EU MiCA register
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Crypto
Binance bitcoin futures-to-spot volume gap hits record, futures nearly eight times spot
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Crypto
Centralised exchange perpetual futures volume falls to $4 trillion, lowest since end-2023
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Crypto
Russia cracks down on nine cryptocurrency exchanges in Moscow
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Crypto
Ethereum staking reward cut plan EIP-8363 sparks fierce debate
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Crypto
Crypto revenue models increasingly resemble banks
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Crypto
Bitcoin rises above $65,300 on weak U.S. jobs data, sets August high
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Crypto
U.S. Treasury OFAC sanctions two Iran-linked cryptocurrency exchanges
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Crypto
Circle adds native USDC to OKX layer2 X Layer
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AI & Enterprise
Disney Plus beta tests AI search using natural language and voice
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AI & Enterprise
Microsoft Edge to phase out support for older ad-blocking extensions like Chrome
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AI & Enterprise
China's AI closes in on U.S., but U.S. still leads in computing power and talent