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FalconX sends $14 million in HYPE to Gate as institutional selling fears grow
On August 19, FalconX transferred 198,750 HYPE to Gate, which represents roughly $14 million, leading blockchain intelligence company Onchain Lens to hypothesize that this sends signals of a probable sell. The mere existence of one big exchange deposit may not say much. However, as it turns out that many institutional wallets seem to be lowering...Cryptopolitan
Thu, Aug 20
Crypto Overview: Bitcoin eyes $70,000 on US Treasury bond buybacks – ETH, HYPE, TRUMP lead gains
The broader cryptocurrency market is regaining strength, pointing toward a renewed bull run. The US Treasury Department announced on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs.
Bitcoin jumps 8.7% after Treasury buyback plan sends yields lower
On August 19, the U.S. Treasury announced that starting September 9, it will at least double its long-end buybacks, and Bitcoin surged as much as 8.7%, reaching an intraday high of $69,749. Bitcoin’s biggest daily move since March 4 occurred not because of a cryptocurrency-related development, but due to a government announcement regarding debt management....Cryptopolitan
Thu, Aug 20
HYPE soars 20% as Trump signals efforts to bring Hyperliquid to US market in White House meeting
Hyperliquid (HYPE) surged over 20% on Wednesday after President Donald Trump said the Commodity Futures Trading Commission (CFTC) is working to bring the decentralized perpetual futures platform into the US.Fxstreet
Thu, Aug 20
OpenAI CFO tells employees the company will go public in 2027
OpenAI will go public in 2027, chief financial officer Sarah Friar told employees at an all-hands meeting on Wednesday, per CNBC, which cited two people familiar with her remarks who were not authorised to speak publicly. Friar said the company “will be a public company in 2027” and could debut earlier if the business continues...Cryptopolitan
Thu, Aug 20
The founder behind Waymo unveils new stealth robotics startup, Dulo
Sebastian Thrun, the engineer behind Google’s self-driving program that became Waymo, revealed on Tuesday that he is starting a new robotics company called Dulo. Thrun mentioned the new company only briefly at the end of his keynote at Actuate, a robotics conference, in San Francisco. He named the venture but did not share any further...Cryptopolitan
Wed, Aug 19
US OCC commits to November GENIUS Act finalization date
Jonathan Gould, the Comptroller of the Currency of the United States, has said that the office will publish its final rulebook for payment stablecoins by November. Gould delivered the GENIUS Act commitment during a fireside chat at the Wyoming Blockchain Symposium in Jackson Hole on August 19. He said, “So we are very intent on...Cryptopolitan
Wed, Aug 19
Nvidia weighs a $20 billion bet on Mercor, its own AI data supplier
Nvidia (NASDAQ: NVDA) wants to put money into Mercor, a company that it buys training data for AI models from. The deal could value Mercor at $20 billion, but some experts worry that Nvidia’s “circular financing” could create risks for the financial system. Is Nvidia funding its suppliers? Nvidia is reportedly in talks to invest...Cryptopolitan
Wed, Aug 19
FalconX and Ethena launch $1 billion institutional lending facility
Cryptocurrency broker FalconX and stablecoin protocol Ethena have partnered to launch a secured lending facility. The launch was announced by the two firms, which gives large crypto investors a new credit channel built around bank-style custody controls. How will Falcon X and Ethena’s facility work? FalconX and Ethena have announced that they are partnering to...Cryptopolitan
Wed, Aug 19
Berachain announces BUSD stablecoin rebrand in attempt to revive network activity
Today, 19th August, 2026, Berachain renamed its HONEY stablecoin to Bera USD (BUSD), essentially changing the token’s name and symbol but keeping the same token and contract address. This new change comes as on-chain activity on the Layer 1 drops to near record lows. New name, same token The Berachain Foundation announced the news on...Cryptopolitan
Wed, Aug 19
Grayscale makes fourth amendment to NYSE Arca-bound Zcash Trust
Grayscale is making moves that, if successful, will make Zcash Trust a US spot exchange-traded fund that would trade on NYSE Arca under the ticker ZCSH. The latest move is that the digital asset-focused investment platform filed a fourth amendment to its Form S-3 registration statement for Grayscale Zcash Trust (ZEC) on August 18 to...Cryptopolitan
Wed, Aug 19
Nvidia plays "matchmaker" in Nordics as region becomes more attractive, connects GPU companies with data center operators
Nvidia is introducing companies that hold its GPUs to Nordic data center operators with room to house them, sources have told CNBC, a sign the chipmaker wants to increase its influence spanning the entire AI buildout well beyond just selling chips. Chipmaker turned matchmaker According to CNBC’s reporting, published Wednesday, Nvidia reached out to at...Cryptopolitan
Wed, Aug 19
Marvell gives Google $12.2 billion stake in custom Ai chip deal, stock surges
Marvell Technology has given Google the right to purchase up to 58.97 million of its shares, a position said to be worth about $12.2 billion if fully exercised, with most of the stake being related to Google’s spending on custom chips until fiscal year 2033. The deal deepens Google’s push to build its own AI...Cryptopolitan
Wed, Aug 19
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