Month: August 2025
DOGE Surges 8% as Whale Buying Signals Bullish Breakout
DOGE jumped 8.4% in the 24-hour period ending August 8, climbing from $0.20 to $0.22 in a two-phase rally. Price action spans a $0.021 range, marking 9.5% volatility. As per CoinDesk analytics, a new resistance forms at $0.222-$0.224, while support holds at $0.220. Consolidation appears likely before the next directional move. Price Action Summary • … Read more
OpenAI gives some employees a ‘special’ multimillion-dollar bonus
The day before the launch of GPT-5, OpenAI CEO Sam Altman surprised employees with a message in the company’s Slack. “As we mentioned a few weeks ago, we have been looking at comp for our technical teams given the movement in the market,” wrote Altman, according to a copy of the message that was shared … Read more
Ether, Dogecoin Rally as XRP Soars 12% in Altcoin-Led Crypto Surge
Global risk appetite strengthened on Friday, with crypto, equities and gold futures all pushing higher, while oil headed for its steepest weekly decline since June. Traders are balancing the tailwind from easing U.S.–Japan trade tensions against signals of cooling bitcoin (BTC) demand and heavier hedging in crypto options markets. In broader Asian markets, The MSCI … Read more
Trump’s Pro-Crypto Orders See Bitcoin Futures Open Interest Jump, Then Unwind
Futures market data shows traders quickly closed positions after a burst of speculative activity tied to White House policy moves.
CleanSpark reports record revenue in ‘most successful’ quarter ever
CleanSpark’s results for its Q3 saw revenues reach nearly $200 million, jumping 91% from the same time a year ago.
XRP Bull Flag Points to $8 as Ripple-SEC Case Reaches End
XRP smashed resistance barriers as trading volume hit 300 million during peak institutional buying surge, with bullish chart patterns and a landmark legal resolution fueling upside bets. The rally combines technical breakout pressure with a significant shift in the token’s fundamental narrative. The SEC settlement eliminates a multi-year litigation drag, potentially unlocking greater institutional participation … Read more
XRP Surges 12% as Traders Bet on Big Price Swings with ‘Straddle’ Strategy
Payments-focused cryptocurrency XRP (XRP) has surged 12% over the past 24 hours, outperforming both bitcoin (BTC) and ether (ETH). This double-digit gain has lifted XRP’s price to $3.32, its highest level since July 28. The price upswing has been underpinned by sophisticated, anticipatory block option trades on Deribit, involving a bullish bet on volatility. Block … Read more
Ethereum surge signals incoming ‘200-500%’ altcoin pump: Trader
Ether’s recent gain is the first step to potentially significant gains for altcoins as traders show a “risk-on appetite,” says crypto trader Michaël van de Poppe.
GPT-5 leaked system prompt?
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Tell HN: GitHub is down
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Asia Morning Briefing: BTC Mining Industry Not Worried About New Round of Trump Tariffs
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Manufacturers of bitcoin (BTC) mining equipment won’t be feeling the pinch … Read more
The Fundamentals Still Matter
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Bitcoin Advances After Trump Taps Bitcoin-Friendly Economist For Fed Role
Trump’s nomination of a pro-Bitcoin economist is seen as a tilt toward looser policy, though some warn it could erode the bank’s independence.
Vitalik backs Ethereum treasury firms, but warns of overleverage
Vitalik Buterin says public companies that buy and hold Ether broaden the token’s access to a wider range of investors, but cautioned on leveraging too heavily.
SEC and Ripple End Appeals, Closing Landmark Crypto Case as XRP Soars
The SEC and Ripple have formally ended their appeals, finalizing a 2023 court ruling that split XRP sales into securities and non-securities.
Cursed Knowledge
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Trump Signs Executive Order Prohibiting Debanking of Crypto Industry
The White House said that it “already ended” Operation Chokepoint 2.0, which it maintained had treated the digital assets industry unfairly.
XRP Whale Flows Point to Potential Correction: CryptoQuant
Whales can play a significant role in shaping market sentiment.
SEC’s Long-Running Case Against Ripple Officially Over
The U.S. Securities and Exchange Commission’s 2020 lawsuit against Ripple Labs is officially over, after the two parties informed the Second Circuit Court of Appeals that they were voluntarily dismissing their respective appeals of a 2023 ruling in the case. The SEC and Ripple will each bear their own costs, the filing said on Thursday. … Read more
Tesla shuts down Dojo, the AI training supercomputer that Musk said would be key to full self-driving
The disbanding of Tesla’s Dojo efforts follows the departure of around 20 workers, who left the automaker to start their own AI company dubbed DensityAI focused on data center services for industries.
SEC-Ripple enforcement case to end after motion to drop appeals
The filing came precisely one year after Ripple had been ordered to pay $125 million as part of an enforcement action over the company using XRP as unregistered securities.
Bitcoin Billionaire Winklevoss Bros Back Trump Sons’ Crypto Miner
Hut 8 CEO Asher Genoot told investors today the Winklevoss brothers bought into American Bitcoin with BTC rather than cash.
Roman Storm’s early passion for code led to Silicon Valley, Tornado Cash — and a guilty verdict
From teaching himself how to code to working odd jobs in the United States after emigrating, Roman Storm’s story is anything but typical.