Today's Crypto and Bitcoin News
Get the latest updates on Bitcoin, altcoins, blockchain, Web3, cryptocurrency prices, DeFi, and more.
08-04
SKYAI Surges 43.92% Amid Rising Open Interest and Trading Volume
SKYAI crypto returned to prominence following one of the market’s strongest rallies over the past 24 hours.At press time, the crypto token traded at $0.04608 after gaining 43.92%, according to CoinMarketCap. The rally pushed SKYAI above its 20-day Exponential Moving Average (EMA) at $0.03814.Meanwhi
U.S. Considers Banning Chinese Data Center Components; Benoit Hints at Iran Deal
BlockBeats news: On August 4, here is a summary of key market news ahead of U.S. stock market opening:1. The Trump administration is drafting a ban on the import of new Chinese data center components; the U.S. Federal Communications Commission (FCC) plans to impose import restrictions on Chinese opt
Crypto Watchdog Launches Anti-Crypto Ads in Washington Amid Clarity Act Delays
The crypto industry's central policy drive is to get U.S. laws that elevate it to a fully regulated and government-approved corner of the financial system. While the legislation to do that is struggling with its final Senate test, a mystery organization is flooding Washington, DC, with ads linking c
Ethereum infrastructure firm Blockspace launches, completes funding round led by BlueYard Capital
Odaily Planet Daily reports: Ethereum infrastructure company Blockspace has been established with the goal of enhancing Ethereum’s off-chain protocol infrastructure and enabling more global applications to access Ethereum blockspace.Blockspace states that Ethereum's core business is providing blocks
BitGo Transfers $7.3B in WBTC Cross-Chain Services to Chainlink CCIP
Odaily Planet Daily report: Cryptocurrency infrastructure company BitGo will replace LayerZero with Chainlink CCIP as the exclusive cross-chain service provider for its $7.3 billion in WBTC.
Following the $292 million cross-chain bridge exploit involving Kelp, multiple projects have announced migr
Bitcoin Faces Critical Price Levels as Analyst and Whale Signal Potential Decline
The leading cryptocurrency, Bitcoin, has been trading in a narrow range recently. While BTC continues to hold the $60,000 level, on-chain data analyst Axel Adler stated that if Bitcoin falls below $61,500, selling pressure in the market could intensify further.Accordingly, Axel Adler examined the BT
Texas Halts Approval of ERCOT-Related Data Centers; Approved Bitcoin Miners Likely Unaffected
Odaily Planet Daily reports: On Monday, Texas Governor Greg Abbott instructed the Texas Public Utility Commission and the Electric Reliability Council of Texas (ERCOT) to audit all data centers seeking access to the state’s grid and to suspend approval of ERCOT-related data center projects; the dura
MSCI Proposal May Remove Strategy from Major Global Indexes
MSCI has launched a new consultation that could significantly impact Strategy (MSTR), the largest corporate Bitcoin holder. The index provider is considering new eligibility rules that would exclude companies with limited operating businesses from its Global Investable Market Indexes (GIMI). If appr
Bernstein: Texas Grid Moratorium Won’t Impact Bitcoin Miners
Texas Governor Greg Abbott dropped a moratorium on new ERCOT grid connections for data centers on August 3, directing the Public Utility Commission of Texas and ERCOT to audit every data center project sitting in the interconnection queue before any further approvals move forward. The crypto mining
Polymarket Aims for $20 Billion Valuation in New Fundraising Round
Polymarket, the crypto-native prediction market platform, is looking to raise fresh capital at a valuation exceeding $20 billion. For a company that launched in 2020 as a niche experiment in decentralized forecasting, that number puts it in the same conversation as some of the most valuable private
Polymarket Secures Serie A Partnership as Prediction Market Expands Ahead of 2026 World Cup
Polymarket has secured a multiyear exclusive agreement to become the official US prediction market partner for Serie A, Italy’s top-flight soccer league. The deal, confirmed around May 14, 2026, makes Polymarket the only prediction platform in the US authorized to use Serie A branding, logos, and of
Bitdeer Signs $4.7 Billion 16-Year Lease for Norway AI Data Center
According to an official announcement from Bitdeer Technologies Group (NASDAQ: BTDR), Bitdeer, through its subsidiary Tydal Data Center AS, has entered into a 16-year托管租赁及服务协议 with Volta Tydal AS for its AI/HPC data center campus located in Tydal, Norway. The contract revenue is approximately $4.7 b
Western Union Launches StableCard for Instant Remittance Spending in 37 Markets
Western Union just did something that would have sounded like science fiction a decade ago. The company that built its empire on telegraph wires and physical cash pickups is now letting people receive remittances as stablecoins and spend them instantly with a Visa card.The product is called StableCa
U.S. Market Pre-Open Highlights: Optical Communication and Storage Stocks Surge; World’s Smallest GPU Passes Testing
Odaily Planet Daily report: Ahead of U.S. stock market opening, investors should pay close attention to the following key financial and market news:1. The three major U.S. stock index futures all rose. The Dow Jones Index futures increased by 1.25%, the S&P 500 Index futures rose by 0.35%, and the N
Block Cuts 40% of Workforce, Shares Jump 16% Amid AI Restructuring
Block Inc. just cut roughly 4,000 jobs. Shares jumped more than 16%. If that math feels emotionally confusing, welcome to the AI era of corporate restructuring, where headcount goes down and stock price goes up in perfect inverse harmony.The company formerly known as Square announced on February 26
