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Crypto

XRP volatility hits 3-month low, searches for direction around $1

XRP’s realised volatility on Binance has fallen to its lowest level in three months, drawing attention to the next price move. U.Today reported that XRP’s 30-day realised volatility slipped to about 0.34. The token has held a relatively stable range near $1, with daily swings shrinking from June. Market participants see the low reading as a pause, but say it does not indicate direction. The $1 level and trading volume are key near-term factors.

AI & Enterprise

ByteDance founder Zhang Yiming rules out distillation for AI model training

ByteDance founder Zhang Yiming (장이밍) has made clear the company will not use “distillation” techniques to train its AI models, even if it costs more. He has recently become directly involved in the company’s AI strategy, reviewing development progress and hiring. The stance comes as the United States steps up scrutiny of Chinese firms’ use of distillation. ByteDance’s approach is tied to development of its video generation model, Seedance, and large investments in GPUs, data and talent.

Crypto

Shiba Inu defies seasonality with unusual strength, mini golden cross resistance in focus

Shiba Inu (SHIB) has flashed a rebound signal as its 23-day moving average crossed above the 50-day average on a daily chart, forming a “mini golden cross,” according to U.Today. The move comes despite August typically being weak for SHIB, with average returns of minus 0.55 percent, while it is up 4.11 percent so far. Analysts focus on resistance at $0.00000503-$0.00000518 and support at $0.00000446-$0.00000448.