Today's Crypto and Bitcoin News
Get the latest updates on Bitcoin, altcoins, blockchain, Web3, cryptocurrency prices, DeFi, and more.
08-02
Trade.xyz Predicts a 5-7% Decline for Samsung and SK Hynix at Monday's Open
ME News reports that on August 2 (UTC+8), during the traditional market closure over the weekend, Trade.xyz—the “On-Chain Nasdaq”—enabled continuous trading and real-time price discovery through perpetual contracts, pricing in Monday’s U.S. and Korean stock market movements ahead of open.
Popular
Nasdaq 100 ETF DaCheng Warns of Premium Risk in Secondary Market Trading
Huoxing Finance reports, according to Jinshi, Dacheng Nasdaq 100 ETF has announced that the fund’s secondary market trading price has recently been significantly higher than its reference net asset value per share, resulting in a substantial premium. On July 31, the closing price was RMB 1.72, while
Korean and U.S. stocks expected to open mixed on Monday
ChainThink reports that, according to Trade.xyz data, during the weekend holiday in traditional markets, several U.S. stock assets on the platform’s perpetual futures market rose slightly compared to Friday’s after-hours prices, while popular South Korean stocks generally declined compared to their
MetaEra: U.S. Equities Face Valuation Pressure Amid Fed Rate Hike Outlook
According to a CITIC Securities research report, after missing this rate hike cycle, U.S. equity valuations will face pressure in the short term regardless of whether the Fed hikes in September; however, in the medium to long term, the completion of rate hikes could alleviate valuation constraints,
Patricio Worthalter Founders POAP, Holds $107M in Crypto
What to Know:Patricio Worthalter founded Proof of Attendance Protocol (POAP), enabling blockchain-based attendance badges that verify participation across thousands of Web3 events.Worthalter joined the Ethereum ecosystem full-time in 2015 before launching POAP in 2018, helping expand blockchain use
OpenAI AI Model Achieves Mathematical Breakthroughs in Cryptography and Quantum Computing
Odaily Planet Daily reports that OpenAI has released research findings indicating that its next-generation AI model, Astra, has made progress in mathematics and theoretical computer science, encompassing areas such as high-dimensional geometry, coding theory, group theory, quantum complexity, post-q
Uniswap v4 Fee Switch Activation Sparks $5.88 Price Target
Uniswap’s v4 fee switch activation is one of the most significant fundamental events in DeFi protocol history — a governance decision years in the making that has now translated into immediate, measurable on-chain consequences: real token burns, sustained new user growth, elevated whale activity, an
Over 24 trillion won flows into the top five Korean banks amid market volatility.
ME News reports that on August 2 (UTC+8), South Korea’s stock market has experienced heightened volatility, with investors’ risk appetite clearly cooling and capital flowing back into safer assets such as banks. Due to corrections in the semiconductor sector and stricter regulation of leveraged inve
Meta shares drop 8% after earnings, while Microsoft and Amazon rise
The market's reaction to the large tech earnings this quarter has laid bare skepticism toward AI. Post-earnings stock movements among tech giants have diverged: after issuing disappointing quarterly revenue guidance and recording its lowest free cash flow in years, Meta's stock plunged as much as 8%
South Korean market volatility triggers inverse capital flow: over 24 trillion won shifts to top five banks' time deposits
Odaily Planet Daily report: South Korea’s stock market has recently experienced increased volatility, with investors showing a clear decline in risk appetite as capital flows back into safer assets such as banks. Due to adjustments in the semiconductor sector and stricter regulation of leveraged inv
Trump-linked financial firm ALT5 Sigma transfers $99.77M in WLFI
According to on-chain analyst Onchain Lens (@OnchainLens), ALT5 Sigma, a financial entity linked to the Trump family-backed World Liberty Financial, transferred 1.815 billion $WLFI tokens (approximately $99.77 million) to a new address. After the transfer, ALT5 Sigma still holds 5.09 billion $WLFI,
PumpFun Layoffs, Aave Restructuring Signal DeFi Consolidation as Top Apps Dominate 80% Revenue
The onchain revenue pie is becoming dangerously concentrated. A handful of applications now dominate fee generation across Ethereum and its layer‑2 ecosystems, and the pressure is already reshaping project treasuries and team structures. More than just a market cycle, the numbers point to a structur
Samsung and SK Hynix Increase R&D and Investment in HBM and Next-Generation Memory Technology
Huo Xing Finance reports that South Korea’s Samsung Electronics and SK Hynix are accelerating their deployment of HBM and next-generation memory technologies to maintain their competitive edge. Samsung Electronics stated that its R&D investment in the second quarter reached a record 16 trillion Kore
Bitcoin has a 26% chance of reaching $70,000 this month.
ChainThink reports that, according to data from the prediction market platform Polymarket on August 2, the probability of Bitcoin rising to $70,000 in August is 26%. The same market shows an 80% probability of Bitcoin rising to $65,000 and a 56% probability of it falling to $60,000 in August.
Samsung and SK Hynix Increase HBM R&D and Investment
ChainCatcher reports that South Korea’s Samsung Electronics and SK Hynix are accelerating their deployment of HBM and next-generation memory technologies to maintain their competitive edge. Samsung Electronics stated that its R&D investment in the second quarter reached a record 16 trillion Korean w
