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08-17
Prediction Market Prices 1% Rate Cut, 24% Hike at Fed's September Meeting
The Federal Reserve is not cutting rates in September. At least, that is what a $35 million prediction market book is screaming right now.Polymarket odds for the September 15-16 Federal Open Market Committee meeting show just a 1.3% chance of a 25 basis point rate cut, while a rate hike carries a 24
Wall Street Warns of Market Correction Amid Low Volatility and Geopolitical Tensions
PANews, August 17: According to CNBC, despite the S&P 500's significant rally this year and continued inflows of capital, historical seasonal selling pressure, ongoing geopolitical tensions, and emerging signs of consumer weakness are prompting Wall Street strategists to issue a wave of risk-aversio
DeFi lending protocol Twyne secures $2.5M in seed funding.
PANews, August 17: DeFi lending credit delegation protocol Twyne has completed a $2.5 million seed round led jointly by cyber Fund and Ethereal Ventures, with participation from Euler, Daedalus, and several individual investors. Twyne addresses the issue of “idle credit” in the lending market by con
Uber Invests in Zipline to Expand Drone Delivery by 2029
CoinDesk reports:Uber is integrating more automated delivery services into Uber Eats. On August 17, the company announced an investment in drone delivery firm Zipline and entered into a partnership aimed at achieving one million daily deliveries via Zipline drones by the end of 2029.Launch the first
OpenAI and Nvidia to Build 4.25-Gigawatt AI Factory in Ohio
The AI infrastructure race has a new landmark, and it sits on the grounds of a Cold War-era uranium enrichment plant in Pike County, Ohio. On August 17, 2026, Nvidia and OpenAI announced plans to build what they are calling an AI factory at the PORTS-Pike Technology Campus, a redevelopment of the fo
Druckenmiller’s Duquesne Discloses $23M Stake in Hyperliquid Ecosystem
The family office run by veteran macro investor Stan Druckenmiller has taken a position linked to the Hyperliquid ecosystem, though reports differ on which asset it targets.Stan Druckenmiller's Duquesne Family Office has revealed a $23 million position connected to Hyperliquid, according to two sepa
2026 U.S. Stock Market Resilience May Set a 30-Year Record
ME News reports that on August 17 (UTC+8), The Kobeissi Letter stated on X that the U.S. stock market in 2026 has demonstrated unprecedented resilience, potentially becoming the first full year in at least three decades without a single NYSE “80%+ downside-volume day.”
An “80%+ NYSE downside-volume
Bitcoin Trapped in $61,000–$65,500 Range as Analysts Await Key Macro Data
While the leading cryptocurrency Bitcoin has been trading sideways between $60,000 and $65,000 for some time, two analysis companies have shared their updated assessments of BTC.First, Singapore-based crypto analytics firm QCP Capital noted that despite the downturn, BTC maintained its range and the
SoftBank Invests $200 Million in Gravis Robotics, a Construction Robotics Startup
ME AI News: SoftBank has completed its largest-ever Series A funding round for construction robotics, investing $200 million in Gravis Robotics, valuing the company at approximately $1 billion post-investment.
Gravis Robotics is a construction robotics startup spun out of ETH Zurich in 2022 and he
CleanSpark, BitFuFu, Canaan Report July Bitcoin Production Declines Amid Price Rise
Three of the largest publicly traded Bitcoin mining companies posted lower production numbers in July, even as the price of Bitcoin moved decisively in their favor. CleanSpark, BitFuFu, and Canaan all reported month-over-month declines in mined BTC. All three companies are listed on Nasdaq and provi
Nvidia Invests $1.5B in OpenAI's Ohio Data Center Project
Nvidia is putting $1.5 billion into SB Energy to serve as the exclusive compute infrastructure provider for OpenAI’s PORTS-Pike campus in Ohio, a facility designed to eventually reach 8 IT-gigawatts of capacity. To put that number in perspective, most large data centers operate in the range of tens
Ethereum Delays Glamsterdam Upgrade to Q4 2026, Forces Two-Week Hegotá Proposal Narrowing
Ethereum developers are eyeing 2027 for Hegotá as they open a new public testnet for Glamsterdam, the network's next major upgrade now targeted for the fourth quarter of 2026.The timeline marks a shift from previous expectations. Earlier this year, the Ethereum Foundation said Glamsterdam was target
SoftBank Invests $200M in Gravis Robotics for Autonomous Construction Software
SoftBank Group has poured $200 million into Gravis Robotics, a Swiss startup that turns dumb excavators into semi-autonomous machines. The Series A round, announced on August 17, is the largest ever recorded in the construction robotics sector.For a company that was spun out of ETH Zurich just four
Bitmine Increases ETH Holdings to 5.815M, Now Controls 4.8% of Supply
TL;DR:Bitmine raised its Ethereum treasury to 5.815 million ETH after acquiring approximately 9,926 additional tokens over the past week.The company now controls 4.8% of ETH’s circulating supply, with holdings valued at approximately $11 billion.More than 5 million tokens are staked through the MAVA
MOVE Index Hits 2026 Lows Amid Fed Rate Hold and Cooling Inflation
The bond market’s fear gauge just went quiet. The ICE BofA MOVE Index, which tracks implied volatility in US Treasury options, slid to readings in the low 60s recently, marking the lowest levels of 2026. On August 14, the index closed at 69.58, still well below the spikes that have periodically ratt
