Today's Crypto and Bitcoin News

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08-05

AI firm HappyRobot completes $150M Series C funding, valued at $1.2B

HuoXing Finance reports that enterprise AI agent company HappyRobot has announced the completion of a $150 million Series C round, co-led by Prysm Capital and Eurazeo, with continued participation from a16z, Base10, and Y Combinator. Other strategic investors include Koch Disruptive Technologies, Or

Arthur Hayes Predicts Bitcoin Will Bottom Out and Ethereum to Reach $5,000 by End of 2026

Arthur Hayes, founder of BitMEX, stated in his article "Situationship" that, as credit expansion continues and AI-related capital expenditure growth slows, Bitcoin will reach its bottom and begin a long-term upward trend, potentially trading between $60,000 and $70,000, with a downside floor of $50,

Researchers Create AI-Driven Worm That Self-Replicates and Spreads to 20 Machines in 7 Days

According to monitoring by Beating, researchers from the University of Toronto, the Vector Institute, the University of Cambridge, and ServiceNow have developed a computer worm powered by open-weight large models. This worm scans networks, identifies vulnerabilities in target machines, generates att

Franklin Templeton Joins Canton Network as Super Validator

Franklin Templeton, one of the world’s largest asset managers with more than $1.5 trillion in assets under management, has joined the Canton Network as a Super Validator. The move comes after the company expanded its Benji Technology Platform to Canton Network in late 2025, adding another step to it

AI agent firm HappyRobot secures $150 million in Series C funding led by Prysm Capital and Eurazeo.

According to TechfundingNews, enterprise AI agent company HappyRobot has announced the completion of a $150 million Series C round led jointly by Prysm Capital and Eurazeo, with continued participation from a16z, Base10, and Y Combinator. Other strategic investors include Koch Disruptive Technologie

Cantor Fitzgerald sets $300 target price for SK Hynix ADR, predicting 100% upside

Huo Xing Finance reports that on August 5, according to CNBC, SK Hynix has received coverage from multiple Wall Street investment banks following its U.S. listing. Cantor Fitzgerald has set a target price of $300, representing over 100% upside from Monday’s closing price of $142.72, anticipating tha

U.S. markets reach new highs as AI and semiconductor stocks surge

Every weekday morning, focus on macroeconomic trends, U.S. stocks, AI, precious metals, and crude oil—analyze markets with data and seize opportunities through trend insights, brought to you by PANews.Last night, U.S. stocks surged across the board, driven by strong corporate earnings and optimistic

Cantor Fitzgerald sets $300 target for SK Hynix ADR, predicting 100% upside

ME AI news: SK Hynix has received coverage from multiple Wall Street investment banks following its U.S. listing. Cantor Fitzgerald has set a $300 price target, representing over 100% upside from Monday’s closing price of $142.72, anticipating that AI infrastructure development will continue to driv

Taiwan's FSC Announces Phased Implementation of Virtual Asset Transfer Rules

ChainThink reports that, on August 5, according to an announcement by Taiwan’s Financial Supervisory Commission, Taiwan will implement the Virtual Asset Travel Rule in phases.Phase one is expected to apply to transfers between domestic virtual asset service providers (VASPs) starting October 2026, a

Crypto-supporting Rep. Bill Huizenga wins Michigan GOP primary

According to AP vote counts, pro-crypto Congressman Bill Huizenga won the Republican primary in Michigan. According to Tech Influencer Watch, Bill Huizenga received nearly $512,000 in donations from an affiliated company of Fairshake, with support for his campaign coming from a16z, Winklevoss Capita

Over $212 million flows into the U.S. spot BTC ETF market

According to AiCoin monitoring, significant capital inflows entered the U.S. spot BTC ETF market yesterday, with a net inflow of $212 million. The largest portion went to IBIT, recording a single-day net inflow of $170 million, followed by FBTC with $19.6 million. According to AiCoin’s developed [S

Cursor's MoK Optimizes GPU Pipeline, Boosts MoE Training by 41%

According to Beating Monitor, Cursor has open-sourced Mixture-of-Kittens (MoK) to accelerate MoE large model training. MoK combines previously separate GPU data transfers and computations into a single kernel—a low-level program running directly on the GPU. MoE splits models into numerous “experts,”

InvestiFi Completes $20 Million Funding Led by Vibe Credit Union

According to The Paypers, embedded investment platform InvestiFi has announced the completion of a $20 million funding round led by Vibe Credit Union, with participation from BankTech Ventures, Idaho Central Credit Union, Navari (formerly CUSG), United Financial Credit Union, Coastal Credit Union, M

SpaceX Q2 Report Shows Starlink Profitability Amid AI Spending

SpaceX's first quarterly report shows extreme disparity: revenue surged 92% year-over-year to $7.8 billion, while AI capital expenditures for the quarter reached $15.8 billion, exceeding NVIDIA's full-year R&D budget.Author and source: Wall Street Journal SpaceX's first quarterly earnings report sin

Bitcoin Flat at $64,000 Amid Stock Market Rally and Hormuz Deal Progress

Bitcoin and other majors were little changed on Wednesday even as global equities pushed to fresh records on renewed enthusiasm for the AI trade, leaving crypto out of a rally it would normally follow.BTC traded just above $64,000, up under 1% on the day and roughly flat over seven days. Ether slipp

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