Today's Crypto and Bitcoin News
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08-05
Catcher Predict: 'EDG vs TES LPL Group Stage' 'Both Teams Kill a Dragon' Odds Rise 40%
ME News reports that on August 6 (UTC+8), according to Catcher Predict, the "Yes" option for the sub-market "Both teams kill a dragon" in the Polymarket event "EDG vs. TES LPL Group Stage" experienced a sharp fluctuation, surging from 50% one hour ago to 90% currently (a 40% swing). Please be aware
CryptoQuant: Whales Accumulate BTC and ETH Amid Late-Stage Bear Market Signals
Large “smart money” holders are adding to their Bitcoin and Ether positions as crypto valuations drift toward levels commonly associated with late-stage bear markets, according to CryptoQuant’s latest Smart Money report, reviewed by Cointelegraph.The blockchain analytics firm argues that the key sig
Apple Faces Supply Chain Pressures Amid AI-Driven Semiconductor Demand
The semiconductor pressure on AI has been transmitted to consumer electronics, and even Apple, with the world's strongest supply chain management capabilities, cannot remain unaffected.Written by Mike, Frank, MSX MaiTongA nearly flawless earnings report resulted in a 10% stock price plunge.On July 3
Bitcoin Red Team Discovers 4,962 Security Issues in 27.5 Hours During Open-Source Audit
Sixteen security researchers walked into 390 open-source Bitcoin codebases and, in slightly more than a day, found nearly 5,000 things wrong. The result of an audit sprint by the Bitcoin Red Team, a volunteer group that delivered one of the most thorough security sweeps the Bitcoin ecosystem has eve
Google Reorganizes AI Leadership Amid Gemini Model Delays
Odaily Planet Daily reports: Alphabet, Google’s parent company, has announced major leadership changes within its artificial intelligence division, with AI head Demis Hassabis stepping down from his primary management role, and several key leaders of the Gemini model, including senior engineer Jeff
Web3 Investment Bank Forgd Launches Market Maker Rankings on DefiLlama
ChainCatcher report: Web3 investment banking and advisory platform Forgd has officially launched its market maker rankings on DefiLlama. The rankings evaluate leading crypto market makers based on standardized metrics such as pricing, market depth, reliability, and execution quality, helping traders
July ADP Employment Miss Sparks Macro Uncertainty for Crypto Markets Ahead of NFP
A labor market that is cooling faster than expected rarely passes unnoticed in risk asset markets, and the latest ADP print did little to settle nerves. The US added only 44,000 private sector jobs in July, according to the original report, a figure that landed well beneath the 70,000 consensus fore
STRC Surpasses $94, Rises 30% from June Lows Amid Strategy's Bitcoin Sales and Share Repurchases
ME News reports that on August 5 (UTC+8), according to BIT (bit.com) market data, Strategy’s perpetual preferred stock STRC surged past $94 during U.S. trading hours, marking a roughly 30% increase from its June low. The recent rally has been supported by several factors: Strategy’s sale of Bitcoin
Circle Reports Revenue Miss Despite Profit Beat and USDC Growth
Circle Internet Group had a quarter that tells two very different stories at once. The company beat profit expectations, watched its stablecoin circulation hit record levels, and processed an almost incomprehensible volume of onchain transactions. The market’s response: a roughly 3% drop in premarke
Bitzero Raises $25M, 90% to Repay Loan Within Days
Data-center and AI infrastructure company, Bitzero Holdings, plans to use $22.375 million of its roughly $25 million private placement to repay secured-loan principal on or about Aug. 6. The principal alone would consume 89.5% of the headline proceeds, while the warrants issued with the financing co
Google AI Leader Jeff Dean Leaves to Launch AI Startup Discovery Loop
Odaily Planet Daily reports: Jeff Dean, one of Google’s earliest employees and the key figure behind the company’s AI strategy over the past 15 years, will leave the company to found a new AI startup focused on scientific discovery. Dean joined Google in 1999 as its 30th employee and will serve as C
Google DeepMind CEO Demis Hassabis Plans to Step Down
ME AI news: Demis Hassabis, CEO of Google DeepMind, plans to step down. Hassabis is one of the key figures in artificial intelligence, co-founding DeepMind in 2010 and continuing to lead the team after its acquisition by Google in 2014. In recent years, he has driven DeepMind’s advancements in found
White Star Capital closes its fourth fund at $250M, with total fundraising exceeding $350M.
ChianCatcher report: International venture capital firm White Star Capital has announced the final close of its fourth fund at $250 million. Combined with its previous North American seed fund and several specialized vehicles, the firm has now raised over $350 million, covering investments from seed
Ethereum's Proposed 54% Staking Reward Cut Sparks DeFi Concerns
A new proposal sparking debate within the Ethereum community foresees a significant reduction in staking rewards. Under Ethereum Improvement Proposal 8361 (EIP-8361), the plan is to reduce validator yields from 2.6% to 1.2%. This represents a reduction of approximately 54% and will be implemented gr
Galaxy Digital Reports Q2 Net Loss of $85M, Shares Drop 13%
Galaxy Digital shares fell more than 13% Wednesday morning after the company reported an $85 million net loss for the second quarter, driven primarily by the depreciation of digital asset prices.The stock traded near $19.15 during the session, down approximately 13.5%, after falling as low as $18.97
