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Ethereum (ETH) Coils Up for Upside Move to $5000 as Mutuum Finance (MUTM) Explodes in August
As Ethereum (ETH) shows signs of coiling up for a potential breakout toward the $5,000 mark, investors are watching ETH-based DeFi token Mutuum Finance (MUTM). The new coin is stealing the spotlight this August with a major milestone that could redefine its position in the DeFi market. The project is now priced at $0.035 in […]
Cryptopolitan
Fri, Aug 8
Sam Altman dismissed Elon Musk’s remarks about OpenAI’s impact on Microsoft
Sam Altman didn’t even try to hide how little he cares about Elon Musk. Hours after his company’s AI crushed Elon’s Grok in a chess tournament, Sam went on CNBC’s “Squawk Box” and, when asked about Elon’s latest shot at OpenAI, said flatly, “You know, I don’t think about him that much.” He didn’t stop […]
Cryptopolitan
Fri, Aug 8
Markets are betting the Federal Reserve will cut rates in September
Wall Street is back to betting that the Federal Reserve will ride to the rescue, and that could be risky if the numbers don’t line up. A weak July payrolls report, paired with big downward revisions to earlier months, has markets convinced the Fed might cut rates when policymakers meet September 16–17. According to CME […]
Cryptopolitan
Fri, Aug 8
Bitfarms Ltd
expected to post a loss of 2 cents a share - Earnings Preview
Bitfarms Ltd BITF.TO is expected to show a rise in quarterly revenue when it reports results on August 12 for the period ending June 30 2025The Toronto Ontario-based company is expected to report a 102.5% increase in revenue to $84.119 million from $41.55 million a year ago, according to the mea...
Reuters
Fri, Aug 8
SEC ends lawsuit against Ripple, company to pay $125 million fine
By Jonathan Stempel NEW YORK, Aug 8 (Reuters) - The U.S. Securities and Exchange Commission said it ended its case accusing Ripple Labs of selling unregistered securities, leaving a $125 million fine intact and ending one of the cryptocurrency industry's highest-profile lawsuits.Ripple and th...
Reuters
Fri, Aug 8
Ethereum breaks above $4,000 for the first time since December 2024
ETH broke above $4,000 after attacking the accumulated short positions. Since 2021, ETH has revisited this price level eight times, rarely holding above the $4K range.
Cryptopolitan
Fri, Aug 8
SoftBank plans to build AI servers in the Ohio plant as part of the Stargate plan
SoftBank has reportedly bought Foxconn Ohio EV plant at $375 million to advance the Stargate AI data center project in collaboration with OpenAI and Oracle.
Cryptopolitan
Fri, Aug 8
XRP price bids for new record high as Ripple, SEC signal lawsuit resolution
Ripple (XRP) holds near its intraday high of $3.38 on Friday, backed by a sudden increase in speculative demand after the United States (US) Securities & Exchange Commission (SEC) signaled a potential end to its five-year lawsuit.
XRP
Fxstreet
Fri, Aug 8
UK tribunal orders HMRC to reveal AI role in R&D tax credit rejections
A judge is pushing the UK’s tax office, HM Revenue & Customs (HMRC), to be transparent about AI use in its decision-making processes. The judge ordered HRMC to disclose information about how it decides on research and development (R&D) tax credit applications. HMRC to disclose whether it used AI in R&D tax credit decisions HM […]
Cryptopolitan
Fri, Aug 8
XRP ETF Hopes Take Big Hit Following Commissioner’s Vote
Hopes for an XRP exchange-traded fund (ETF) took a sharp blow this week after U.S. Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw cast yet another dissenting vote against a crypto ETF proposal. The odds of XRP ETF approval, once riding high, have now fallen significantly as ...
Bitcoinist
Fri, Aug 8
Ethereum Whales Add 1.80 Million ETH In 30 Days – Massive Accumulation Trend
Ethereum is trading above the $3,850 mark after staging a swift rebound from its recent correction, signaling renewed bullish momentum. The recovery has been fueled by strong buying interest, with market sentiment improving as price action tilts in favor of the bulls. Many analysts are now calling f...
Bitcoinist
Fri, Aug 8
Bitcoin Futures Bias Turns Neutral As OI Net Position Hits Zero – Details
Bitcoin has reclaimed the crucial $115,000 level after briefly dipping to $112,000 earlier this week, signaling renewed strength from the bulls. The sharp recovery highlights buyers’ resilience following recent volatility, with price action now showing signs of bullish dominance. This rebound comes ...
NewsBTC
Fri, Aug 8
Modi backs his Russian ties, regardless of what Trump thinks
Narendra Modi isn’t backing down from his Russia ties, no matter how loud Donald Trump shouts about it. On Friday, the Indian prime minister said he had a “very good and detailed conversation” with Vladimir Putin and confirmed the Russian leader would visit India later this year. Modi wrote on X that he thanked Putin […]
Cryptopolitan
Fri, Aug 8
Did Apple really steal trade secrets from Fintiv?
Apple has not had the best times in recent months, especially where its AI efforts are concerned. Now, the firm is getting sued over its Apple Pay, compounding problems like getting its talent poached by Mark Zuckerberg’s open purse, stalling the iPhone maker’s AI progress. Apple now has to deal with a Texas-based company, Fintiv, […]
Cryptopolitan
Fri, Aug 8
Bitcoin Short-Term Holders Move Into Profit: Is Another Sell-Off Looming?
Onchain analytics platform Glassnode has revealed that most Bitcoin short-term holders are in profit. This development has raised the possibility of the flagship crypto facing another sell-off from this category of holders, who may be unable to hold during this period of sideways action. 70% of Bitc...
NewsBTC
Fri, Aug 8
Here’s Why The Bitcoin And Ethereum Prices Are Rallying Today
The Bitcoin and Ethereum prices are rallying today, recording notable gains in the process. This follows Donald Trump’s signing of two executive orders that could significantly boost the crypto industry. Why The Bitcoin and Ethereum Prices Are Rallying Today The Bitcoin and Ethereum prices are up to...
Bitcoinist
Fri, Aug 8
Analysts expose GreedyBear crypto scam campaign that stole $1M via Firefox extensions
The GreedyBear scam group has stolen over $1 million in cryptocurrency through a coordinated attack campaign. Koi Security reported that the group launched 150 weaponized Firefox extensions in addition to 500 malicious executables. The operation used fake wallet extensions, phishing websites, and malware to target crypto users across multiple platforms. Firefox extension fraud targets popular […]
Cryptopolitan
Fri, Aug 8
SPX6900 Pumps 23% in a Month as TOKEN6900 Presale Rides the Hype
SPX6900 has ripped 23% higher in the past month, outpacing not just the S&P 500, but also a long list of blue-chip altcoins. For a meme index born from internet culture and irreverent finance, that kind of run reinforces one thing: the 6900 effect is alive and kicking. While traditional markets ...
NewsBTC
Fri, Aug 8
Intel's CEO rejects President Trump’s 'deeply conflicted' comments over $200M China investments
Intel's lead Lip-Bu Tan calls out President Donald Trump’s claims as misinformation.
Cryptopolitan
Fri, Aug 8
OpenAI’s ChatGPT 5 Is Out & Tokens like $SUBBD Can Help You Ride the AI Wave
OpenAI has launched the much-awaited upgrade of its GPT model, ChatGPT 5, its most advanced AI system yet. Sam Altman described the experience of using GPT-5 as feeling like he was talking to an expert. In fact, this AI model is so powerful that it managed to solve a problem Altman admitted he could...
Bitcoinist
Fri, Aug 8
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