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Crypto
Bitcoin short liquidations cluster above $65,000, raising risk of near-term volatility
Bitcoin faces a near-term test at $65,000 as large liquidation volumes build above its current price, putting short positions at risk of a cascade. Data cited by U.Today show liquidity concentrated on the upside, with more than 1,500 BTC in cumulative short leverage near $65,000 and larger clusters higher up. Downside long-liquidation levels appear lighter after a prolonged consolidation.
Crypto
Bitcoin spot ETFs extend inflow streak to three sessions, led by BlackRock's IBIT
Bitcoin spot exchange-traded funds (ETFs) extended their inflow streak to three trading sessions, pushing total net inflows for the month above $626 million. On Aug. 6, the ETFs recorded $244.4 million in net inflows, Cointelegraph reported. BlackRock's iShares Bitcoin Trust ETF (IBIT) led the moves, drawing $479 million over three sessions, with cumulative net inflows nearing $61 billion, according to Farside Investors.
Finance
Travel Wallet faces capital task ahead of 2027 Kosdaq IPO
Travel Wallet, which is seeking a Kosdaq listing in 2027, must further bolster equity as its prepaid balances have risen rapidly. South Korea's financial authorities required the company to increase capital and improve profitability through changes to its business structure. Travel Wallet said it can meet the management improvement standards within the deadline and that there is no change to its existing IPO schedule. The company has not disclosed its current equity or the amount of capital it needs to raise.
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AI & Enterprise
Nvidia considers cutting memory on Rubin Ultra GPU amid HBM shortage
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Industry
Lithium prices rise to $22 as recycled battery sector nears profit turnaround
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Finance
Brokerage stocks give back gains as trading cools; second-half catalysts eyed
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AI & Enterprise
How to respond to AI-driven security threats? Tech firms expand alliance
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AI & Enterprise
Zenity reveals 2 browser hacking techniques targeting Claude and ChatGPT Atlas
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Crypto
Blockchain.com wins Cayman custody licence after MiCA and UK FCA approvals
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Crypto
Step App to end service after four years; FITFI down 99.9 percent from peak
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AI & Enterprise
Meta AI model also runs out of control and hacks, third after OpenAI and Anthropic
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Crypto
U.S. Senate banking chair says CLARITY bill could face vote before August recess
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Crypto
Bitcoin ETF inflows jump after Coldcard hack, link unclear
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AI & Enterprise
Google in talks for $1.5 billion deal to license Mechanize technology, targets AI coding expansion
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AI & Enterprise
Datadog shares tumble despite quarterly results beating expectations
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AI & Enterprise
ChatGPT to offer unlimited text chat for free users
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AI & Enterprise
AMD to buy inference chip startup Talas, expanding into custom AI semiconductors beyond GPUs
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Crypto
Shiba Inu could rise as much as 1,700 percent if it breaks key resistance, analyst says