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Crypto

Bitcoin up 24 percent in August, strongest since 2017 despite U.S.-Iran clash

Bitcoin posted its strongest August rise since 2017, gaining more than 24 percent to trade around $78,000, despite renewed U.S.-Iran military clashes and a hawkish turn by the Federal Reserve. Brent crude climbed to around $91 a barrel after strikes and retaliation, stoking inflation worries. Analysts said oil supply disruption risks remain limited. Market data showed spot trading volumes stayed weak, though activity stabilized and some exchanges saw modest month-on-month increases.

Crypto

Trump Digital Gold plunges 98 percent; Real Trump Coins says it is unrelated

Real Trump Coins denied any link to the Solana-based cryptocurrency Trump Digital Gold (GOLD) after the token slumped 98 percent within hours of launch. The company said it did not launch, promote or approve GOLD and suggested a malicious third party may have been involved, adding authorities are participating in checking the circumstances. Reports cited on-chain data showing supply concentration and sales by wallets identified as team-related.

AI & Enterprise

Trump says opposing data centers will make you poor, could issue shake Ohio race

U.S. President Donald Trump criticised communities opposing artificial intelligence data centre construction, calling resistance a path to decline and poverty. He said embracing data centres could lower tax burdens and increase jobs, and warned that rejecting them could shift opportunities elsewhere and please China. His remarks come as opposition grows and Republicans flag the issue as an election risk. A party memo warned resistance could spread beyond Ohio, where the Senate race is tight.