Today's Crypto and Bitcoin News

Get the latest updates on Bitcoin, altcoins, blockchain, Web3, cryptocurrency prices, DeFi, and more.

08-07

Hyperliquid whale positions reach $485.1M, with short positions slightly exceeding longs.

ChainCatcher report, according to Coinglass data, Hyperliquid whale positions currently stand at $4.851 billion, with long positions at $2.393 billion (49.33% of total exposure) and short positions at $2.458 billion (50.67% of total exposure). Long P&L stands at -$89.29 million, while short P&L is $

Trump's Crypto Holdings Face Ethics Test in New Legislation

As pledged during the election campaign, U.S. President Donald Trump has become a pro-crypto U.S. president. But in addition to that, his financial connections to the cryptocurrency sector and his support of significant crypto legislation in Congress are now drawing criticism. Lawmakers from both pa

South Korean Police Select Dunamu for Seized Crypto Asset Custody

Huo Xing Finance reports that on August 7, according to Digital Asset, the Korean National Police Agency selected Dunamu, the parent company of Upbit, through a public tender to manage seized virtual assets for a one-year contract. The seized digital assets will be managed through Upbit Custody, a d

Dow Protocol Completes a $10.5M Seed Round Led by MH Ventures and Mapleblock Capital

Odaily Planet Daily reports that Dow Protocol has announced the completion of a $10.5 million seed round led by MH Ventures and Mapleblock Capital, with participation from Animoca Brands, Arcane Group, Hashkey Chain, Essentia Partners, Quartet Group, and others. The project primarily provides workin

South Korean Police Select Dunamu to Safeguard Seized Virtual Assets for One Year

Odaily Planet Daily reports that the Korean National Police Agency selected Dunamu, the parent company of Upbit, through a public tender to manage seized virtual assets for a one-year contract. The seized digital assets will be managed through Upbit Custody, a digital asset custody service, providin

KuCoin to Adjust Tick Sizes for NAVI-USDT and Other Spot Pairs on August 7, 2026

As reported by Announcement, KuCoin will adjust the tick size for certain spot trading pairs at 11:00 on August 7, 2026 (UTC), including NAVI-USDT. The changes will affect price and quantity tick sizes, with existing orders remaining unaffected and being filled based on the original tick sizes. API

Goldman Sachs Raises Its 2030 Global Data Center Power Demand Forecast

According to Chaoxiang Research, Goldman Sachs' report on August 6 raised its forecast for global data center electricity demand growth by 2030 to 170%. Hyperscaler capital expenditures and R&D are projected to reach $1.2 trillion in 2026 and increase to $1.7 trillion in 2027. Applying a green and r

Ondo Finance Faces Succession Battle as Founder's Mother Sues CEO

Tokenized assets pioneer Ondo Finance is embroiled in a power struggle that seems to have made investors and traders uneasy. Kathleen Allman, the mother of the late Ondo Finance founder, has gone to court to remove the current CEO, Ian De Bode, and gain control of the firm. According to an AMBCrypto

Prediction markets evolve into a global information pricing infrastructure

Article by: DWF LabsCompiled by: Luffy, Foresight NewsAs early as 1503, betting on the next pope took place in Rome. By 1916, Americans had wagered approximately $211 million in 2012 U.S. dollar terms on U.S. presidential elections alone, all occurring within New York’s betting markets. On busy trad

a16z Crypto: Why the CLARITY Act Is Critical for the Crypto Industry

Author: a16z cryptoCompiled by: Jiahuan, ChainCatcherCryptocurrency assets are no longer a niche market. Stablecoins process trillions of dollars in transactions annually, and major banks and payment companies are developing on-chain services. However, U.S. federal regulations governing these activi

Particle Network expands chain abstraction to Robinhood Chain, UniversalX integrates

Odaily Planet Daily reports that Particle Network has officially expanded its chain abstraction network to Robinhood Chain, with ecosystem applications including UniversalX now integrated.Through Particle Network’s chain abstraction capabilities, users can directly purchase on-chain assets on Robinh

Binance Wallet Adjusts the bStocks Alpha Trading Volume Rewards Mechanism

According to the official announcement, starting August 8, 2026, at 08:00 (UTC+8), the 4x Alpha trading volume reward mechanism for bStocks will be adjusted. From Monday 08:00 (UTC+8) to Saturday 07:59 (UTC+8), trading designated bStocks will earn a 4x Alpha trading volume reward, while trading othe

Cardano Price Surges to $0.20 Amid Dijkstra Era Optimism

Cardano’s price has regained bullish momentum after reclaiming the $0.20 mark, amid growing optimism about the network’s long-term roadmap. As the blockchain advances toward its next major development phase, the Dijkstra era is expected to introduce scalability upgrades, including Ouroboros Leios an

NOXCAT Participates in Malaysia Blockchain Week, Shares Vision for Mainstream Blockchain Adoption

As the global Web3 ecosystem continues to grow, crypto wallets are evolving from simple asset management tools into key gateways that connect payments, asset management, and on-chain services. This year, NOXCAT was invited to participate in Malaysia Blockchain Week, where, in addition to delivering

JPMorgan: Optical Module Market CAGR Reaches 28%, NPO/CPO to Account for 25% by 2030

According to Chaoxiang Research, a J.P. Morgan report dated August 6, citing the latest forecast from LightCounting, the data communications market is projected to grow at a CAGR of 28% from 2025 to 2030, expanding from $20 billion to over $70 billion. The 1.6T product segment represents the largest

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