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08-04

Michael Terpin Warns Bitcoin Could Drop Toward $43,500

Bitcoin has already slid dramatically from its 2025 peak, but investor Michael Terpin says the market still hasn’t reached a true “bottom” that typically follows capitulation. Speaking to Cointelegraph on its Trade Secrets show, Terpin argued that BTC could fall much further before stabilization—pot

EIP-8361 Proposed to Reduce Ethereum Inflation by Burning Block Rewards

ME News reports that on August 4 (UTC+8), EIP-8361, aimed at reducing Ethereum’s inflation, was released. The proposal suggests deducting and burning a portion of validators’ block rewards in each epoch, with the burn rate increasing to 100% once staking reaches 50%. The proposal also recommends tha

Bitcoin Remains Above $54,939 Production Cost Amid Miner Shift to AI

Bitcoin’s estimated mining production cost sits at roughly $54,939, and the network’s marquee asset hasn’t dipped below that floor. That’s a notable data point at a time when miners are navigating some of the toughest economics the industry has seen since the latest halving slashed block rewards in

US Durable Goods Orders Rise 0.3% in June, Outperforming Expectations

New orders for durable goods rose in June, snapping back from a steep decline the prior month and beating economist expectations. The headline number came in at a 0.3% month-over-month increase, bringing total orders to $334.8 billion, according to the US Census Bureau.That might sound modest. But w

SK Hynix Becomes Key Player in AI Chip Market with 56% HBM Share

Nvidia gets the headlines. SK Hynix gets the contracts.The South Korean chipmaker has quietly positioned itself as the single most indispensable company in the AI hardware stack, controlling roughly 56% of the global high-bandwidth memory market and serving as Nvidia’s primary supplier of the memory

NEAR Price Outlook: Stablecoin Growth and Fund Proposal Fuel Recovery Hopes

NEAR Protocol is showing early signs of a comeback as strengthening on-chain fundamentals begin aligning with an improving technical setup. While the token remains well below its yearly highs, investors are increasingly focusing on what is happening beneath the surface rather than short-term price s

Ethereum infrastructure firm Blockspace announces launch and funding round.

Ethereum infrastructure company Blockspace has announced its formation and completed a new funding round, led by BlueYard, with participation from ether.fi Ventures, Quasar Builder, Sharplink, Breed VC, Luganodes, Stakely, and other institutional and individual investors. Blockspace generates revenu

Ethereum Proposes Tapered Issuance Burn to Curb Staking Inflation

ChainCatcher report: The Ethereum community has submitted a new improvement proposal, EIP “Tapered Issuance Burn,” aimed at adjusting the ETH issuance mechanism to mitigate centralization and dilution risks caused by excessively high staking ratios. The proposal notes that ETH’s staking ratio surpas

Hashdex to Liquidate $14.7M Bitcoin Spot ETF, First U.S. Closure

TL;DRHashdex will close and liquidate its DEFI bitcoin spot ETF on August 17, in what would be the first closure of a fund of this type in the U.S.The fund managed just $14.7 million in net assets, compared to BlackRock’s IBIT, the market leader, with $47.08 billion.Flows into bitcoin spot ETFs have

Ethereum community proposes EIP-8361 to cap staking rate below 50%

The Ethereum community has submitted a new improvement proposal, EIP-8361 “Tapered Issuance Burn,” aimed at adjusting the ETH issuance mechanism to mitigate centralization and dilution risks caused by excessively high staking ratios. The proposal notes that as of April 2026, the ETH staking ratio ex

FCC Draft Rule Banning Chinese Optical Transceivers Sparks 17% Surge in Applied Optoelectronics

The tiny fiber-optic cables that shuttle data between servers in AI data centers just became a geopolitical flashpoint. Applied Optoelectronics (AAOI) rocketed roughly 17% after reports that the FCC, under the Trump administration, has drafted a rule banning imports of new Chinese-made optical trans

Grayscale Reports 9-Year Low in Crypto Hacks with $1.7B Projected Losses in 2026

Crypto hacks are having their quietest year since 2017. Grayscale published a research note on August 3 revealing that projected cybersecurity losses across the cryptocurrency sector sit at roughly $1.7 billion for 2026, the lowest annual figure in nine years.That $1.7 billion represents approximate

Apple Seeks Preliminary Injunction Against OpenAI in Trade Secret Dispute

According to TechCrunch, Apple has formally applied for a preliminary injunction against OpenAI, demanding it cease developing AI devices and related products based on Apple’s technology. Apple’s latest investigation revealed that, in addition to the senior systems engineer Chang Liu and chief hardw

U.S. June JOLTS Job Openings at 7.359 Million, Below Forecast

ME News reports that on August 4 (UTC+8), U.S. job openings in June totaled 7.359 million, compared to the expected 7.4 million and a revised prior value of 7.537 million (down from 7.594 million). U.S. factory orders for June declined by 0.3% month-over-month, compared to the expected 0.2% and a re

Intesa Cuts BlackRock's IBIT by 94%, Triples Staked-Ether ETF Holdings

Italy’s biggest bank made a sharp, selective reshuffle of its crypto ETF exposure in Q2 — slashing its stake in BlackRock’s iShares Bitcoin Trust while substantially boosting a staked-Ether product. What changed - IBIT (BlackRock iShares Bitcoin Trust): Intesa’s common shares plunged from 646,809 a

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