Today's Crypto and Bitcoin News
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Zcash Hits 8-Year High Near $888 Amid ETF Hopes and Mining Expansion
Zcash (ZEC) surged to its highest level in eight years this week, briefly touching $888 before retreating to about $843 — a nearly 7% gain over 24 hours and roughly 48% higher since August 20. The privacy-focused token remains far below its early-era peak of $3,191.93 set in October 2016, but its ra
BitMine Controls 4.8% of Ethereum Supply After Adding 32,447 ETH
A single corporate treasury now controls close to one in every twenty ETH in circulation, and it has staked most of that position. The latest disclosure from BitMine shows the firm added 32,447 ETH over the past week, bringing total holdings to 5,847,611 ETH as of August 23, according to the origina
Musk Admits Grok Lags Behind Competitors After Cursor Acquisition
Dynamic AI Briefing: According to The Information, citing five sources, on the day SpaceX completed its $60 billion acquisition of Cursor, Musk delivered his first address to all Cursor employees. He openly acknowledged that Grok lags behind competitors and said he “is not used to losing,” urging Cu
Fortune Protocol Integrates Polymarket Liquidity, Expands Unified Market Layer
ChainCatcher report: AI-powered market project Fortune Protocol has officially integrated liquidity from Polymarket, joining Predict.fun to provide enhanced prediction markets and liquidity for Fortune Markets. Following this update, users can now explore markets from multiple liquidity sources dire
HYPE reaches all-time high, faces $1.2B unlock on August 29
Article by Xiao BingOn August 24, HYPE reached a historic high of $83.27 before pulling back to around $77.50. With a market capitalization of approximately $19.5 billion, it ranks among the top 15 crypto assets. Since the start of the year at $20, HYPE has nearly quadrupled in value over eight mont
Musk Addresses Cursor Team, Calls for Grok to Catch Up with Competitors
ChainThink reports, according to The Information, citing sources, on the day SpaceX completed its $60 billion acquisition of Cursor, Musk addressed the entire Cursor team for the first time.He admitted that Grok is lagging behind competitors, stating he is "not used to losing," and asked Cursor to h
Strategy Turns $9.5 Billion BTC Loss into $4.7 Billion Profit in One Week
Mars Finance reports that, according to Lookonchain data as of August 25, the paper gains on Michael Saylor’s Bitcoin treasury company Strategy’s BTC holdings have significantly improved over the past week: previously showing unrealized losses exceeding $9.5 billion, they have now turned into unreal
HYPE reaches record high, faces $120M unlock on August 29
Written by Xiao BingOn August 24, HYPE reached a historic high of $83.27 before pulling back to around $77.50. With a market capitalization of approximately $19.5 billion, it ranks among the top 15 crypto assets. Since the start of the year at $20, HYPE has nearly quadrupled in value over eight mont
Stanley Druckenmiller Criticizes U.S. Treasury for Suppressing Bond Yield Signals
BlockBeats report, August 25: Legendary investor Stanley Druckenmiller has turned his criticism toward the U.S. Treasury. On August 25 Beijing time, in a commentary article in The Wall Street Journal, he argued that the U.S. Treasury’s recent expansion of long-term Treasury buybacks, while framed as
NVIDIA Falls for 7 Consecutive Days as AI Stocks Lose Momentum
Every weekday morning, focus on macroeconomic trends, U.S. stocks, AI, precious metals, and crude oil—revisiting market data and identifying trends to seize opportunities, brought to you by PANews.Policy swiftly curbs oil prices, but cannot dispel fiscal uncertainties.The three major U.S. stock indi
SpaceX acquires Cursor for $6 billion to catch up in the AI race
SpaceX completed the acquisition of the AI programming tool Cursor for $60 billion. At an all-hands meeting, Musk publicly acknowledged for the first time that Grok is lagging behind in the AI market, stating, "I'm not used to losing," and explicitly praised Anthropic as the market leader. Subsequen
Ethereum Community Proposes Post-Quantum Deposit Contract EIP
ME News reports that on August 25 (UTC+8), the Ethereum community released an EIP proposal titled “Support for Post-Quantum Deposit Contracts.” The proposal includes introducing a new contract that supports variable-length public keys and credential metadata, along with explicit scheme identifiers (
Brazil Launches First Rare Earths Facility to Bolster US Supply Chain
Brazil just became the most important country in the Western Hemisphere for a group of minerals most people can’t pronounce. The nation’s Serra Verde Pela Ema project, its first operational large-scale rare earths mine, is now the centerpiece of Washington’s strategy to loosen China’s stranglehold o
Chinese hackers use DeepSeek and other open-source AI to expand cyberattacks
Huo Xing Finance reports, according to Bloomberg, that the Taiwanese research firm TeamT5 stated that cyberattack groups linked to China have significantly increased their attack scale after incorporating DeepSeek and other open-source AI models into their operations. Since beginning to delegate rou
WikiHow Sues OpenAI for Scraping 11,000 Articles Without Permission
WikiHow has filed a copyright infringement lawsuit against OpenAI, claiming the AI company scraped more than 11,000 of its instructional articles to train GPT models, including ChatGPT, without ever asking permission. The complaint, filed August 21, 2026, in the US District Court for the Southern Di
