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Ceffu’s 120M USDC withdrawal from Ethena puts custody rails in focus
An on-chain transfer has become a hot topic in the crypto world this Monday, August 24. According to blockchain tracker Onchain Lens, institutional custodian Ceffu has pulled out 120 million USDC worth from wallets associated with Ethena, which is behind the protocol for USDe valued at $4 billion or more. In a market where institutions...Cryptopolitan
Mon, Aug 24
Peter Schiff says AI competes with Bitcoin for capital, power, and space
Peter Schiff took to the social media platform X to share his thoughts on artificial intelligence. He believes that AI is a competitor rather than an aid to Bitcoin. This reasoning comes amid the ongoing rush of the AI industry to acquire the very same resources that Schiff indicates the two sectors are in competition...Cryptopolitan
Mon, Aug 24
Nvidia earnings could expose cracks in the AI boom
After the conclusion of trading on Wednesday, August 26, Nvidia will announce the results of its second quarter, and these numbers will be significant for more than just its own share price. The results will also be monitored by a variety of chipmakers, cloud providers, and suppliers of equipment throughout the entire AI supply chain...Cryptopolitan
Mon, Aug 24
Why is Nvidia stock falling today?
Nvidia (NASDAQ: NVDA) turned fast on Monday. The stock jumped about 3% soon after the opening bell rang, then dropped roughly 2% after the Groq news came out. Earlier today, Nvidia announced its Groq 3 LPX rack is now being produced at scale, turning technology from the largest acquisition in Nvidia’s history into customer-ready hardware....Cryptopolitan
Mon, Aug 24
How well is Canada weathering Trump’s tariff war?
Canada is already feeling more of the pressure from the latest trade fight with the United States from its dollar after Trump started yet another economic spat. At press time, the loonie was down 0.58% against the U.S. dollar. It also lost ground against the euro, British pound and Japanese yen. Cryptopolitan reported that Washington...Cryptopolitan
Mon, Aug 24
Bessent arms Treasury with $950B cash reserve as bond yields surge
The Treasury may tap its roughly $950 billion General Account to help fund larger purchases of U.S. government bonds as long-term yields climb again. Two senior Treasury officials reportedly said the cash is available. Treasury last week doubled planned buybacks of older, off-the-run long-dated securities from $2 billion to at least $4 billion per operation....Cryptopolitan
Mon, Aug 24
Digital Sovereignty Alliance Concludes Digital Asset Case Study Course at St. Andrew’s Episcopal School
Washington, D.C., August 24, 2026 — The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research, and education surrounding emerging technologies, today announced the completion of its inaugural Digital Asset Case Study Course at St. Andrew’s Episcopal School. Developed by DSA in collaboration with Professor Charles C.Y. Wang,...Cryptopolitan
Mon, Aug 24
Cryptopolitan Report: Bitcoin Had Its Best Week Since March 2023 & Only 30% of Our Readers Think It Leads to $100K
The total crypto market saw over $474 billion flood back in after a single line from the U.S. Treasury Department announcement. We asked our newsletter readers if they thought the move was real and had more legs to the upside. Most of them are waiting on Congress before they call it. The Move Itself Bitcoin’s...Cryptopolitan
Mon, Aug 24
PrimeXBT: Is this the start of a Bitcoin bull run? A 2022 signal appeared before the rally
A weekly momentum divergence formed on the Bitcoin chart ahead of last week’s advance, and the daily reading has since made a move last seen in January 2023. By Jonatan Randin – Senior Market Analyst at PrimeXBT Bitcoin (BTC) ran from around $64,000 to just under $80,000 inside four sessions l...NewsBTC
Mon, Aug 24
Ethereum jumps 31% in a week, but altcoin-season gauges still say no
Over the past seven days, Ethereum has seen its fortunes take a turn for the better as it has risen by nearly 31% and currently trades around $2,495. However, despite this seven-day run, two of the most watched altcoin-season trackers have not been convinced to call it an altseason. Traders, on the other hand, are...Cryptopolitan
Mon, Aug 24
Xiaomi launches Xring O3, its first 3nm phone chip built by TSMC
Xiaomi unveiled three in-house Xring chips on Monday, one of which will debut next month in the Xiaomi 18 Fold. The company is focusing on furthering its goal of designing its own silicon rather than buying it from Qualcomm and Media. What do Xiaomi’s new chips do? Xiaomi (HKEX: 1810) has launched three in-house chips,...Cryptopolitan
Mon, Aug 24
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