Today's Crypto and Bitcoin News
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08-17
ONDO Price Rises 5% as Bulls Target $0.50 Amid RWA Growth
ONDO token is showing signs of a renewed accumulation phase after buyers defended a critical support region. The token has climbed roughly 5% to $0.34, recovering from its latest pullback and moving back toward a cluster of key daily moving averages. The technical setup is becoming increasingly cons
Tutorial (TUT) Rallies 27% After Finding Support at $0.03
After pumping to $0.3, Tutorial [TUT] faced rejection and fell hard. But now, the memecoin seems to have found a bottom.After falling to $0.28, market players returned and bought the dip. Since then, the bullish pressure has intensified, closing with three consecutive green daily candles to flip $0
Morgan Stanley is optimistic about Amazon’s AI growth potential, viewing AWS as a $1 trillion business.
Odaily Planet Daily reports that Morgan Stanley stated that if Amazon's cloud computing business, AWS, accelerates its growth further, the company's stock price could reach $500 by the end of 2027, nearly doubling from current levels.Morgan Stanley’s optimistic scenario is based on AWS’s potential t
Anthropic and OpenAI may restrict API access to their top AI models, raising competitive concerns
Odaily Planet Daily reports that Anthropic and OpenAI are continuously developing industry-specific AI applications and features, raising concerns among some enterprise customers who fear they may soon have to compete directly with their own AI providers. Design software company Canva recently faced
Coldcard Wallet Bug Led to $100M in Stolen Funds, Affecting Thousands of Users
Jonathan Goodman followed the rules for keeping his bitcoin safe.The hardware wallet holding his keys, a Coldcard, had never been connected to the internet. He kept it stored in a safe deposit box. The seed phrase, which he’d never shared with anyone, was stored in a second safe deposit box. But on
Strategy Raises $333M via MSTR Sales, No Bitcoin Purchases
Over the week, Strategy sold 3.46 million MSTR common shares and raised $333.7 million in net proceeds.The company allocated $132.2 million to repurchase 1.39 million STRC preferred shares, and another $52.4 million — to pay dividends on them.Strategy’s Bitcoin position remained unchanged — 840,447
U.S. Treasury Seeks Public Comments on GENIUS Act Stablecoin Implementation Rules
ChainCatcher report: The U.S. Department of the Treasury has issued a notice of proposed rulemaking for the implementing regulations of the GENIUS Act, seeking public comment on the regulatory framework for U.S. payment stablecoins. The draft clarifies the criteria for “issuing payment stablecoins i
3 Altcoins Gaining Momentum as Market Heats Up: LINK, NEAR, POL
Chainlink: Decentralized oracle infrastructure supports DeFi, tokenized assets, and growing blockchain adoption.NEAR Protocol: Scalable technology, low fees, and AI ambitions strengthen NEAR’s growth potential.Polygon: Ethereum scaling, ZK-powered chains, and ecosystem development support POL’s long
The meme coin 'Niu Lai' has a 52% chance of reaching a $75 million market cap by November 2026.
BlockBeats news: On August 17, data from the prediction market platform Predict.fun showed that, regarding the question "What market cap will Meme Coin NiuLai reach before November 2026?", the highest probability is 94% for NiuLai reaching a market cap of $50 million; the probabilities for reaching
U.S. optical communication sector rises at open, Marvell Tech surges over 6%
Odaily Planet Daily report: According to MSX.COM data, the U.S. optical communications sector opened higher, with Marvell Technology rising over 6% to $236 per share, after UBS lowered its target price for Marvell Technology from $340 to $300. Meanwhile, Coherent rose over 4%, and Lumentum increased
XRP price drops near $1 as million-token addresses increase
CoinDesk reports:After XRP retraced to near $1, the number of large on-chain addresses continues to rise. Data cited by Santiment shows that over the past three months, the number of addresses holding at least 1 million XRP increased from approximately 2,006 to 2,038, while XRP’s market capitalizati
Token Unlock Mechanics and the 90% Negative Price Pressure Statistic
An unlock is the moment tokens that were previously locked, whether by a vesting contract or a project’s own policy, become transferable and join a token’s circulating supply. What it does mechanically is simple: circulating supply goes up, sometimes by a large percentage in a single day. What that
Goldman Sachs Economist Lowers Odds of Fed Rate Hike in September, Citing Weak Economic Data
While the leading cryptocurrency Bitcoin has been trading sideways between $60,000 and $65,000 for some time, investors in the cryptocurrency market are now focused on macroeconomic developments that could determine Bitcoin’s direction.While macroeconomic developments are being closely monitored at
NVIDIA Invests $1.5 Billion in SB Energy, Groq Valued at $3.5 Billion
NVIDIA has invested $1.5 billion in SB Energy, a subsidiary of SoftBank, to support its 20-year data center leasing agreement with OpenAI, with a total capacity of 8 GW. NVIDIA is providing credit support for the first phase of 4.25 GW and retains the option to add an additional 3.75 GW of capacity.
China Builds Crude EUV Prototype, Advances Semiconductor Capabilities
China has assembled a prototype extreme ultraviolet lithography machine capable of generating 13.5nm EUV light, the specific wavelength required to etch the world’s most advanced semiconductors. The machine, completed in early 2025 at a facility in Shenzhen, has not yet produced a single working chi
