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CoreWeave stock sinks 9% after hours despite strong earnings beat
CoreWeave shares fell 9% in after-hours trading on Tuesday, even though the company delivered quarterly results and guidance that came in above analyst expectations, according to data from CNBC. The artificial intelligence infrastructure provider reported $1.21 billion in revenue for the quarter, ahead of the $1.08 billion Wall Street was looking for. Revenue more than […]Cryptopolitan
Tue, Aug 12
Odin.fun users panic as suspicious withdrawals drain deposits
Odin.fun, a Bitcoin-based memecoin launchpad, has suspended trading and withdrawals after deposits on the platform plunged by nearly 20% in less than two hours, sparking fears of a serious security breach. An alarm was raised by an X user, @web3xiaoba, who said the platform’s Bitcoin deposits fell from 291 BTC to 232.8 BTC, a loss […]Cryptopolitan
Tue, Aug 12
CEO Says He’ll Fulfill $1 Billion Bitcoin Buy Dream In One Bid
A Nasdaq-listed holding company preparing to pile into Bitcoin set off a social-media countdown this week, teasing a large purchase that has drawn wide attention across crypto circles. The company’s CEO posted that he planned to “smash buy $1 billion of bitcoin in a single bid,” then later clarified...Bitcoinist
Tue, Aug 12
Bitcoin At Risk Of Pullback As Binance Miner Distributions Spike, Analyst Says
As Bitcoin (BTC) continues to hover just below the $120,000 level, miners have increased transfers to Binance crypto exchange. According to analysts, elevated BTC transfers to Binance could signal an upcoming price correction for the top cryptocurrency. Bitcoin Price Correction Upcoming? According t...NewsBTC
Tue, Aug 12
FTX customers file lawsuit against Fenwick & West over involvement in exchange collapse
Customers of defunct crypto exchange FTX are accusing Fenwick & West of direct involvement in the exchange's fraudulent activity through the creation of a structure that enabled fraud and money laundering, according to a filing on Monday.Fxstreet
Tue, Aug 12
Trump now telling America's biggest banks to fire chief economists for 'unflattering' predictions
President Donald Trump has told Goldman Sachs CEO David Solomon to either replace the bank’s chief economist or “just focus on being a DJ,” after a Goldman report said U.S. consumers will soon pay most of the costs from his tariffs. The remarks came on Tuesday via a Truth Social post as Trump defended his […]Cryptopolitan
Tue, Aug 12
Tesla China begins taking orders for longer-range Model 3 with price rise
Tesla has started taking orders from its Chinese market for the latest longer-range version of its Model 3 electric vehicle as it seeks to regain its market share in that country. This comes as the American automotive maker is battling growing pressure from local rivals eating into its share in one of the world’s most […]Cryptopolitan
Tue, Aug 12
Sam Altman backs Merge Labs to develop brain-computer interfaces competing with Elon Musk's Neuralink
The rivalry between Sam Altman, CEO of OpenAI, and Tesla’s Elon Musk has taken on a new dimension as Altman is named a co-founder and supporter of Merge Labs, a brain-computer interface startup meant to compete with Musk’s Neuralink. According to reports, OpenAI’s venture arm is set to invest significantly in Merge Labs, which has […]Cryptopolitan
Tue, Aug 12
Ripple’s 5-Year Legal Saga Ends With SEC’s Favorable Ruling For Fundraising
In what could result in a new regulatory win for the blockchain payment company Ripple Labs, the US Securities and Exchange Commission (SEC) has granted the company a special waiver that eases restrictions on its ability to raise capital. This decision comes after the regulatory agency and Ripple jo...Bitcoinist
Tue, Aug 12
Ripple’s XRP Cannot Replace SWIFT? Expert Says This Crypto Is A Better Fit
Ripple has long made its ambitions of challenging and eventually replacing SWIFT as the backbone of global cross-border payments very clear. Ripple CEO Brad Garlinghouse has openly criticized SWIFT’s inefficiencies and noted how the company aims to capture a sizable 14% share of the multi-trillion-d...Bitcoinist
Tue, Aug 12
TRON Trading Volume Tops $1B: Could $1 Be the Next Milestone?
TRON (TRX) has extended its August rally, pushing past key resistance levels as trading volume soared to $1.07 billion in the past 24 hours. The price currently sits around $0.35, marking a 15.3% monthly gain and a staggering 172% surge year-over-year. Related Reading: Raoul Pal Says He’s Been Long ...NewsBTC
Tue, Aug 12
Cardano Price Prediction: ADA Eyes $1.50 Rally as One DeFi Giant Positions for 33x Rally
Cardano (ADA)’s price is drawing fresh attention as it edges toward a potential $1.50 rally, but the spotlight is increasingly shifting to Mutuum Finance (MUTM). Mutuum Finance (MUTM) is priced at $0.035. Over 15100 investors have already joined the project’s presale, and over $14.3 million has been raised. Mutuum Finance (MUTM) is in Presale Phase […]Cryptopolitan
Tue, Aug 12
Circle’s stock fell more than 5% in after-hours trading after announcing a 10 million Class A share offering
Circle Internet Group shares fell more than 5% in after-hours trading on Tuesday after the company said it will offer 10 million Class A shares to the public, according to data from CNBC. Out of the total, 2 million shares will be issued by Circle itself, while 8 million shares will be sold by current […]Cryptopolitan
Tue, Aug 12
White House says Trump-Putin summit will not produce a Ukraine ceasefire or trade deals
According to the White House, Friday’s meeting between President Donald Trump and Russian President Vladimir Putin in Anchorage, Alaska, will not end with a ceasefire or sweeping trade agreements. Officials say the meeting is meant for Trump to judge Putin directly and decide if there is a real path toward ending the war in Ukraine. […]Cryptopolitan
Tue, Aug 12
Ethereum Price Forecast: ETH eyes $5,000 as BitMine plans $24.5 billion offering
Ethereum (ETH) crossed above $4,600 on Tuesday, spurred by record daily inflows of over $1 billion into US spot ETH exchange-traded funds (ETFs) and BitMine Immersion's (BMNR) plan to expand its at-the-market (ATM) offering by $20 billion.
Fxstreet
Tue, Aug 12
Starlink successfully demonstrate direct-to-cell satellite technology in Ukraine
Elon Musk’s Starlink has successfully demonstrated its direct-to-cell satellite technology in Ukraine. Kyivstar will become the first operator in Europe to bring Starlink’s direct-to-cell technology to the market. The pilot test took place in the Zhytomyr region, where Kyivstar’s CEO, Oleksandr Komarov, and Ukraine’s Minister of Digital Transformation, Mykhailo Fedorov, exchanged messages using ordinary smartphones […]Cryptopolitan
Tue, Aug 12
Qubic Hijacks Monero: 51% Attack Sends Shock Through Crypto
Monero (XMR) is confronting what key voices on X describe as a 51% attack from the Qubic mining pool. Bitcoin developer Peter Todd set the tone early, writing: “Interesting. Apparently Monero just had a big reorg too, I assume related to this attack.” When asked whether Qubic had definitively crosse...Bitcoinist
Tue, Aug 12
Quantum Computers No Match For Bitcoin’s Math, Google Expert Says
Microsoft has recently rolled out a chip called Majorana 1 that its engineers say could point the way to building quantum computers with the scale people once only imagined. Google and IBM have also posted progress updates in recent months, and some in crypto called the news alarming. Related Readin...NewsBTC
Tue, Aug 12
S&P 500 closed at a record 6,445.76, while Nasdaq rose to 21,681.90
The S&P 500 hit a new record on Tuesday, closing at 6,445.76 after climbing 1.13%, while the Nasdaq Composite also broke fresh ground, ending at 21,681.90 with a 1.39% gain. The Dow Jones Industrial Average added 483.52 points, or 1.10%, to finish at 44,458.61. The rally came after inflation numbers for July came in slightly […]Cryptopolitan
Tue, Aug 12
Ethereum cracks $4,500 as Solana hits $190
Ethereum pushed above $4,500 on Tuesday while Solana hit $190, as Bitcoin pulled back from the $120,000 level to trade around $119,222, according to data from CoinGecko. On OKX, SOL briefly traded at $191 before slipping slightly. The moves set the tone for a trading day where ETH and SOL showed stronger price momentum than […]Cryptopolitan
Tue, Aug 12
