Cryptopolitan - Kalshi is trying to take one of crypto’s most distinctive trading products into traditional markets. On August 18, the federally regulated exchange submitted two proposals to the CFTC for approval of perpetual futures contracts based on a major US stock index and copper. If approved, the contracts would bring a structure that originated in the...
Cryptopolitan - Bitcoin is going to move back to $100,000, but it might take up to 18 months for the catalyst to align, according to Anthony Scaramucci. The SkyBridge Capital founder told CNBC’s Squawk Box on Tuesday that “this is clearly a bitcoin bear market,” in response to the point that the price has not really moved...
99Bitcoins - Michael Saylor says Bitcoin investors should plan to hold for at least four years, while MSTR carries amplified gains and losses. The post Bitcoin News Today: Saylor Sets a 4-Year Minimum for Bitcoin Holders appeared first on 99Bitcoins.
U.Today - Any cryptocurrency rally or growth you see on the market nowadays is most likely shallow as there's barely any funding on the market. Any cryptocurrency rally or growth you see on the market nowadays is most likely shallow as there's barely any funding on the market.
CoinTelegraph - Nexo introduced regulated, cryptocurrency-backed credit lines that allow users to access liquidity in Australian dollars or stablecoins by borrowing against their digital assets.
CryptoPotato - Here's the latest notable developments in the broader Ripple ecosystem, as well as XRP's price update as the fight for $1.00 continues.
99Bitcoins - XRP trades near $1 as proposed SEC crypto rules offer a path forward, but delays, appeals and Congress leave its status unresolved. The post Ripple XRP Nears $1 as SEC Crypto Framework Remains Unfinished appeared first on 99Bitcoins.
Cryptopolitan - The U.S. will wait three days before introducing new tariffs on Canadian goods as negotiations between the two countries continue. President Donald Trump commented, “I have paused the 50% Tariffs against Canada that were scheduled to kick in tomorrow morning for a three-day period.” He further contended that the countries have already struck a deal...
Cryptopolitan - Chinese robotics firm Unitree opened trading on the Shanghai Stock Exchange’s STAR Market on Wednesday, with the price soaring nearly sixfold. The stock was priced at 150.8 yuan per share and opened at 1,100 yuan, marking a 629.44% increase. At its highest point, the Hangzhou-based company was valued at about 445 billion yuan, or $66...
CryptoSlate - The SEC's new crypto fundraising proposal deliberately treats tokens as free to trade as soon as a buyer acquires them, unless the issuer or another law says otherwise. Insiders typically know more than the public while a token project is still being built, and their incentives do not always line up with everyone else's. The […] The post SEC opens door to day-one crypto insider sales that Senate draft would block appeared first on CryptoSlate.
BeInCrypto - Pennsylvania Governor Josh Shapiro signed Executive Order 2026-05 on August 18, changing the way the state reviews permits for data centers with peak demand exceeding 25 MW. The order takes effect immediately and creates two review tracks, depending on whether a developer signs a binding agreement with state regulators. How Pennsylvania Will Review Data Center The post Pennsylvania Just Added One Gate That Every Data Center Developer Has to Clear appeared first on BeInCrypto.
TheCurrencyAnalytics - Brad Garlinghouse has changed his tune. Ripple’s CEO, long comfortable keeping the company private, now says an IPO is something… Read the original on Ripple CEO Brad Garlinghouse Signals Openness to IPO After SEC Lawsuit Resolution. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Decrypt - The Nasdaq-listed privacy firm launched Cypherpunk Mining through a $33.33 million equity deal with Winklevoss Capital, adding roughly 18% of the Zcash network's hashrate to accelerate its treasury ambitions.
U.Today - Bitwise Bitcoin ETF captures a $16.15 million single-day inflow as net assets climb to $2.38 billion amid a broader Wall Street market resurgence. Bitwise Bitcoin ETF captures a $16.15 million single-day inflow as net assets climb to $2.38 billion amid a broader Wall Street market resurgence.
DailyHODL - A federal court has granted final approval to a $700 million multistate settlement with Google over Google Play Store monopoly practices. Eligible consumers who bought apps or in-app items from 2016 to 2023 will receive payouts, and Google must allow sideloading for seven years. The post Google To Pay Out $700,000,000 To Android Users After Court Approves Play Store Settlement appeared first on The Daily Hodl.
U.Today - Ripple CEO Brad Garlinghouse has signaled a more neutral stance on a potential initial public offering. Ripple CEO Brad Garlinghouse has signaled a more neutral stance on a potential initial public offering.
BeInCrypto - Cameron Winklevoss calls the AI trade a Bitcoin time machine, framing $64,000 BTC as a 50% discount on last year's peak. The post Bitcoin Time Machine Hands Buyers a 50% Discount, Cameron Winklevoss Says appeared first on BeInCrypto.
Cryptopolitan - Small batches of Nvidia’s H200 AI accelerators have reportedly started arriving in China following the relaxation of Washington’s licensing rules. This development comes at an uncomfortable time for Nvidia since, although Chinese demand for its products is high, the company’s share in the world’s second-largest chip market is dropping below ten percent. The situation has...
BeInCrypto - Kospi fell 6.45% Wednesday as chip stocks slid, triggering another Korea Exchange sell-side sidecar halt on the benchmark. The post Kospi Triggers Another Sidecar as Chip Rebound Stalls, Falls Over 6% appeared first on BeInCrypto.
Bitcoin.com - Keith Wille, a Groton, Connecticut metal detectorist, was hired by a Western Massachusetts family that felt stuck with a 1950s-built house because of a decades-old legend about hidden cash. After carpenters tore through walls and floors and came up empty, Wille swept the attic and got metal pings from the floorboards, leading to a dust-covered […]
BeInCrypto - Unitree Robotics stock opened 629% above its IPO price in Shanghai on Wednesday, overshooting the valuation crypto derivatives traders had priced into pre-IPO perpetual futures. The Hangzhou company raised about 6.1 billion yuan, or $905 million. Its stock opened at 1,100 yuan against an offer price of 150.8 yuan, then pared gains to 968.1 yuan. The post Unitree Stock Opens 629% Higher After Crypto Traders Underpriced Its Debut appeared first on BeInCrypto.
BeInCrypto - Strategy's Q2 13F filings show 12 of its 15 largest institutional holders added MSTR shares despite the firm's Bitcoin sales. The post Despite Strategy Woes, 12 of 15 MSTR Institutional Holders Added Shares in Q2 appeared first on BeInCrypto.
Cryptopolitan - According to reports, the software firm known as Temporal, which developed the “durable execution” technology that allows AI agents and other long-running applications to recover from malfunctions without having to start again, is in the process of seeking approximately $500 million at a valuation of not less than $12 billion. If the funding round comes...
Bitcoin.com - Riot Platforms sold 4,300 BTC in the second quarter of 2026, pushing its six-month total to 9,665 bitcoin as the Texas-based miner leans harder into artificial intelligence (AI) infrastructure. Q2 Sale Draws Down One of Mining’s Largest Treasuries Riot Platforms disclosed it sold 4,300 BTC during the second quarter of 2026, drawing down one of […]
Bitcoin.com - Nasdaq has confirmed Dec. 6 of this year as its target date for a nearly 23-hour trading day, adding a 9 PM to 4 AM ET overnight session five days a week in a bid to match markets, including crypto, that never fully close. A Nearly Round-the-Clock Trading Day Nasdaq is preparing to extend its […]
Cryptopolitan - OpenAI’s revenues increased by 18% in the second quarter to reach $6.7 billion, while Anthropic’s revenue doubled to more than $11.6 billion, according to the Wall Street Journal’s report on August 18. The annualized revenue run rates demonstrate an even bigger difference in revenues between OpenAI and Anthropic. OpenAI’s revenue growth increased from about $20...
Binance News - AI-native accounting platform Rillet has raised $100 million in a Series C round at a $1 billion valuation. According to ChainCatcher, ICONIQ led the round, with participation from Sequoia Capital, Andreessen Horowitz, Oak HC/FT, Bain Capital Ventures, and Battery Ventures. The company said its total funding has now exceeded $200 million. Rillet said it positions itself as an AI-native accounting platform that uses AI agents to replace traditional manual accounting workflows, can handle hundreds of operations in parallel, and generates a full audit trail. It said it currently serves more than 600 customers, including Neuralink and Mercor, and that about ...
Binance News - Unitree Technology’s stock contract on trade.xyz quickly rose above $100 and was last quoted at $103.75 with less than half an hour remaining before its listing on the Shanghai Stock Exchange’s STAR Market. According to Odaily, the move came shortly before the company’s planned debut on the board.
Binance News - Vatech Co., Ltd. (002886.SZ) said in its August 19, 2026 half-year report that six institutional investors had disclosed holdings in its A shares as of August 18, 2026, with combined holdings of 49.8097 million shares, or 18.92% of total share capital. According to Jiemian News, the institutional ownership ratio rose 1.45 percentage points from the previous quarter. The investors included Shenzhen Yinqiao Investment, Hong Kong Securities Clearing Company, Bank of Communications' GF Advantage Growth Stock Fund, ICBC's GF Jupeng Hybrid Fund, Goldman Sachs International - proprietary funds, and UBS AG. Foreign holdings increased in the period at Hong Kong Securities Clearing Company, up 2.05%, while Goldman Sachs International - proprietary funds and UBS AG were newly ...
Binance News - Lingwei Technology (301373.SZ) said in its 2026 semiannual report that 14 institutional investors had disclosed holdings in the company’s A-shares as of August 18, 2026, with total holdings of 14.771 million shares, or 13.62% of its total share capital, according to Jiemian News. The top 10 institutional investors held 13.09% in aggregate, down 2.41 percentage points from the previous quarter. The company also said five public funds were newly disclosed this quarter, while one public fund was no longer disclosed.
Binance News - Hitachi Construction Machinery Co. shares fell the most in almost three weeks after a $740 million block trade, according to Bloomberg. Major shareholder Hitachi Ltd. sold its entire stake in the company as the Japanese conglomerate continues to divest assets and focus on core businesses.
Cryptopolitan - Meta rejected accusations on Tuesday that it deliberately built Facebook and Instagram to addict children, as opening statements began in Oakland federal court in a case brought by 29 states. California, Colorado, Kentucky and New Jersey are leading at trial. California deputy attorney general Megan O’Neill told the jury Meta’s model was to “hook the...
Binance News - According to Jin10, China's interbank foreign exchange market set the yuan midpoint at 6.7854 per U.S. dollar on August 19, 2026, down 51 pips, while the euro midpoint was 7.8328, down 50 pips; the Hong Kong dollar midpoint was 0.86502, down 5.7 pips; the pound midpoint was 9.1586, down 99 pips; the Australian dollar midpoint was 4.7915, down 176 pips; the Canadian dollar midpoint was 4.8658, down 108 pips; the 100-yen midpoint was 4.2445, down 37 pips; the yuan-to-Russian ruble midpoint was 12.5909, up 192 pips; the New Zealand dollar midpoint was 3.9731, down 211 pips; the yuan-to-Malaysian ringgit midpoint was 0.59915, up 1.6 pips; the Swiss franc midpoint was 8.3334, down 168 pips; and the Singapore dollar midpoint was 5.2935, down 47 pips.
Binance News - The New York Yankees option in Polymarket’s Yankees vs. Baltimore Orioles event surged from 47.5% an hour ago to 86.5%, according to Catcher Predict monitoring. According to ChainCatcher, the move reflected a 39% swing in the submarket and came amid a warning to watch for the impact of breaking news.
Binance News - ZTO Express (2057) said interim profit rose 31.5% to RMB 5.169 billion, while revenue increased 22.5%, and it declared no dividend, according to Ming Pao. The company said core express delivery revenue climbed 22.8%. Second-quarter profit rose 57.3%, revenue increased 23%, and parcel volume grew 6.5%.
Binance News - According to Yonhap, Hyundai Motor Co. unveiled the fully redesigned Tucson sport utility vehicle on Wednesday, marking the compact SUV's first complete overhaul in about six years. The All-New Tucson is the fifth-generation model and follows the fourth-generation version launched in September 2020. Hyundai said the new model has vertically oriented H-edge daytime running lights, a slim horizontal center lamp and a larger body designed to create more interior space.
Binance News - Temporal Technologies Inc. is in talks for a new funding round that would value the AI startup at at least $12 billion before the new money, according to Bloomberg.
Binance News - According to Wallstreetcn, U.S. President Donald Trump is urging aides to push for a meeting with North Korean leader Kim Jong Un as early as this fall, and has privately discussed holding a face-to-face meeting during his next trip to Asia, possibly in November.
CryptoSlate - Legal ownership can pass at closing, while the public agreements disclose no collateral, guarantee or escrow. The post AsiaStrategy’s Astra deal lets insider-linked buyers take ownership before $8 million comes due appeared first on CryptoSlate.
Binance News - Hong Kong liquidators of China Evergrande Group are challenging the city’s watchdog in court over a deal that created a fund to compensate minority shareholders, according to Bloomberg. The Hong Kong court is set to hear arguments on whether the arrangement is valid.
Binance News - Shares of two of Australia’s largest property developers surged after stronger full-year earnings showed resilience despite a housing market downturn, according to Bloomberg.
Binance News - According to Yonhap, LG Energy Solution Ltd. (LGES) said it has begun operations at its seventh battery plant in North America, a Michigan facility designed to produce batteries for energy storage systems (ESSs) and electric vehicles (EVs). The company said LG Energy Solution Michigan-Lansing is intended to help meet rising demand for ESS batteries and aims to reach more than 350 gigawatt-hours (GWh) of annual output at full-scale production. LGES Chief Executive Kim Dong-myung said the plant will support mobility, energy infrastructure and the digital economy, while U.S. Interior Secretary Doug Burgum said domestic battery production is key to America's energy future and to strengthening the U.S. battery supply chain. With the Lansing plant, LGES now has seven battery plants ...
Binance News - Strategy said 12 of its top 15 institutional shareholders increased their stakes in the second quarter of 2026, lifting combined holdings by $1.2 billion. According to ChainCatcher, the company disclosed the update on its official X account. Strategy, formerly MicroStrategy and listed as $MSTR, is known for holding large amounts of Bitcoin and for using equity and debt financing to add more BTC. The company said the disclosure shows continued institutional interest in its Bitcoin reserve strategy.
Binance News - Strategy said 12 of the top 15 institutional holders of MSTR increased their positions in the second quarter of 2026, lifting the combined value of their holdings by $1.2 billion. According to Odaily, the company made the statement in a post.
Binance News - Mizuho Financial Group expects the Bank of Japan to raise interest rates as soon as next month, citing a weak yen and persistent inflation pressure, according to Jiemian News. Kenya Koshimizu, co-head of Mizuho's global markets division, said the chance of a September rate hike is "quite high" and that the BOJ may shorten the interval between policy moves from about six months to three months. Koshimizu added that once the BOJ shifts to acting every three months, it would be difficult to slow the pace, and said the current 1% policy rate remains clearly negative in real terms after inflation.
Binance News - Samsung Electronics said it will invest about 240 billion won to build a FläktGroup HVAC production line at its Gwangju plant in South Korea. According to Sina Finance, the new line is scheduled to be completed and begin production in 2028. The plant will produce FläktGroup HVAC systems, including high-end cooling solutions for artificial intelligence data centers. Samsung said it plans to use the facility to expand its domestic HVAC business and target growth demand from AI data centers. The company aims to turn HVAC into a new growth engine and rank among the industry's global top tier by 2030.
Binance News - Japan’s Nikkei Stock Average fell for a second straight session, with chip-related shares leading declines as rising bond yields damped appetite for AI-linked stocks, according to Bloomberg.
Binance News - Data compiled from HKEX Disclosure Easy's Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect shareholding records showed that China Telecom (0728) saw the largest increase in holdings on the previous day, with 33.846 million shares added on the holding date of August 18, 2026, while Lenovo Group (0992) recorded the biggest reduction, with 31.642 million shares sold, according to Ming Pao.
Binance News - The Kobeissi Letter said on X that hedge funds bought U.S. stocks every trading day last week, marking the second-largest weekly buying volume in the past 12 months. According to Odaily, individual stocks accounted for about 70% of total buying, driven mainly by long purchases rather than short covering. Information technology and communication services saw the strongest demand, with eight of 11 sectors recording net buying. Macro products such as index futures and ETFs made up about 30% of total demand, while short positions in U.S.-listed ETFs fell for a sixth straight week. The letter said hedge funds are doubling down on U.S. stocks.
Binance News - According to Wallstreetcn, South Korea-U.S. joint military exercise Ulchi Freedom Shield will be shortened by half and end early after defensive operations conclude, according to a South Korean military source, while South Korea's Defense Ministry said on the 19th that it could not confirm the report.
Binance News - US President Donald Trump has chosen White House policy aide Heidi Overton to lead the Food and Drug Administration after a turbulent year at the agency, according to Bloomberg. The FDA has seen high-profile staff exits and complaints from industry.
Binance News - According to the BBC, Harvard has agreed to pay $53 million to resolve lawsuits brought by families who said the university mishandled the bodies of relatives donated to its medical school. The proposed settlement, filed in a Boston court on Monday, would end claims against Harvard Medical School after former morgue manager Cedric Lodge pleaded guilty to stealing and selling human remains on the black market. Harvard said in a letter shared on Monday that multi-million dollar settlement funds will be established for families once the court approves the agreement. The school also said it will create an annual financial-aid scholarship for ...
Binance News - Telegram founder Pavel Durov announced on X that Telegram has applied to ICANN for the ".gram" domain. According to PANews, if approved, Telegram users would be able to register second-level domains in the format of yourname.gram and host interactive websites through Telegram.
Binance News - Indonesia’s central bank is expected to keep rates unchanged at its first policy meeting under Acting Governor Destry Damayanti, according to Bloomberg. Investors are watching how she balances currency stability with President Prabowo Subianto’s push for growth.
Binance News - According to JPX, Yonhap and HKET, Asian index futures fell across the board in the overnight session after a sharp selloff in U.S. semiconductor shares, a spike in long-dated Treasury yields and a more than 2% jump in oil prices on renewed Middle East tensions weighed on risk sentiment. Nikkei 225 futures for September delivery ended the Osaka Exchange night session at 66,060, down 1,480 points or 2.19%, after opening at 67,430 and printing a session low of 66,060 on volume of 10,791 contracts. The Nikkei 225 mini September contract closed the night at 66,045, down 1,500 points. ...
Binance News - According to CNBC, several stocks moved in extended trading. La-Z-Boy tumbled 17% after posting first-quarter adjusted earnings of 43 cents per share, down 9% from a year earlier, while adjusted operating income fell 20% to $18.7 million. The recliner maker guided current-quarter revenue to a range of $500 million to $520 million, missing the FactSet consensus of $536.8 million. Keysight Technologies rose 2% after third-quarter earnings of $3.07 per share, excluding items, topped the $2.48 expected by analysts polled by FactSet, with revenue of $1.85 billion beating the $1.75 billion estimate. Jack Henry & Associates gained 3% after fourth-quarter earnings of $1.57 per share on revenue of $644 million, ahead of the $1.47 and $631.6 million analysts anticipated. Toll Brothers dipped ...
Binance News - Terton Capital’s second attempt to take South Korea’s Golfzon Holdings Co. private is facing renewed resistance from a minority shareholder, according to Bloomberg. Golfzon’s stock is trading above the tender price, suggesting the buyer may struggle to win over investors on the current terms.
Binance News - Anthropic's expanded revolving credit facility is expected to exceed its roughly $10 billion target, as multiple banks seek to join the deal and improve their chances of playing a larger role in the company's IPO, according to Jiemian News. Jiemian News reported that discussions are still under way, and Anthropic may ultimately cap the facility at the target size or below it. The company has asked the most active lead banks in the facility to each provide about $1.25 billion, while the next tier of active lenders is being encouraged to commit about $1 billion each. Banks with lower participation are expected to pledge about $750 million or less. In syndicated lending, larger commitments ...
Binance News - Zhongji Innolight said it plans to acquire a 10.47% stake in Zhongshi Technology for RMB 1.747 billion, another example of an optical module maker moving further upstream in the supply chain, according to Jiemian News. The article said domestic and overseas optical communications companies are broadly accelerating upstream expansion along the chain from optical components and optical chips to epitaxial wafers, substrates and high-purity metal raw materials. Industry participants told Jiemian News that the main driver is rapid demand growth from AI data centers for optical modules and fast technology iteration, which has made optical chips the bottleneck in the industry chain and a key ...
Binance News - According to Jin10, Japan's core machinery orders rose 9.7% month on month in June, above the expected 7.80% and the previous -12.40%.
Binance News - Gold steadied after a bond rout and deadlock in the Strait of Hormuz snapped a nascent uptrend, according to Bloomberg.
Binance News - Santos Ltd. reported first-half profit that missed analyst estimates, as higher global energy prices tied to the war in the Middle East did not offset commissioning delays at two key projects, according to Bloomberg.
Binance News - According to Sina Finance, Foxconn said its subsidiary Foxconn Singapore Pte Ltd acquired equity in FuKang Technology for $358.4 million as a long-term investment. FuKang Technology is Foxconn's subsidiary in Vietnam. Foxconn also said its subsidiary Cloud Network Technology Singapore bought shares in FII AMC MEXICO S. DE R.L. DE C.V. for about $27 million.
Cryptopolitan - Three ex-SpaceX engineers raised $15 million to open 1872, a Cincinnati steel factory using robotic welding to supply AI data centers and nuclear reactors.
Binance News - U.S. President Donald Trump has shifted to a new strategy on Iran after weeks of hoping for positive progress in U.S.-Iran talks with little result. According to Sina Finance, citing an American official and people familiar with the matter, Trump told senior government envoys to stop talks with Iran, while White House officials recently told political allies that the U.S. is adjusting its strategy from striking Iran as soon as possible to containing Iran over the long term. After the ceasefire agreement signed in June collapsed, Trump had repeatedly said negotiations were progressing well and that a new agreement was close, but he is now saying there have been no diplomatic talks between the U.S. and Iran at all.
CryptoSlate - The non-cash liability equals about 41% of cash, while HIVE’s filings leave the payment timetable unresolved. The post HIVE’s $84.7 million Swedish tax provision eclipsed revenue even as Bitcoin output hit a record appeared first on CryptoSlate.
Binance News - Pilgrim’s Pride Corp. shares jumped after JBS NV offered to buy the chicken producer’s shares it does not already own in a stock deal valued at about $1.2 billion, according to Bloomberg.
Binance News - Jingzhida reported first-half 2026 revenue of 804 million yuan, up 81.17% year on year, with total profit of 76.1858 million yuan, up 172.61%, and adjusted net profit attributable to shareholders of 44.4917 million yuan, up 62.48%, according to Jiemian News. Gross margin rose to 43.38%, up 7.33 percentage points from a year earlier. The company said its business covers semiconductor memory chip testing, computing chip testing, probe cards, XR inspection and AMOLED inspection. Memory chip testing equipment revenue grew 147.05% in the period, and Jingzhida is advancing an 18Gbps high-speed FT test machine project whose core technical ...
Binance News - China’s long-end yields have kept falling, driving aggressive curve flattening and widening a macro gap with global markets, where long-dated rates have reached multi-year highs, according to Bloomberg. The move reflects a deeper policy divide between China and its peers.
Binance News - Unitree Robotics is set to begin trading in Shanghai on Wednesday after raising 6.1 billion yuan ($904 million) in an initial public offering, according to Bloomberg. The listing will make Unitree the first publicly traded humanoid robot maker in mainland China.
Binance News - Vietnam remained Southeast Asia’s fastest-growing major economy in the second quarter, while Thailand lagged, according to Bloomberg. Tech and energy trends drove uneven economic performance across the region.
Binance News - Singapore casino operator Resorts World Sentosa is drawing attention after its Lunar New Year lucky draw for high rollers earlier this year offered a bottle of Martell Cognac as the top prize, while rival Marina Bay Sands gave away a Mercedes-Benz CLA 200, according to Bloomberg. The comparison has put Resorts World’s casino license in focus.
Binance News - Hong Kong Exchanges & Clearing Ltd.'s record trading volumes and new listings have provided little lift to its shares, according to Bloomberg. Analysts are increasingly looking to the exchange operator's expansion beyond equities for a boost.
Binance News - According to Wallstreetcn, Japanese companies posted their biggest earnings beat in five years despite surging oil prices, with about 71% of firms reporting profits above analyst expectations in the three months through June and the combined net profit of the 500 largest companies rising above 21 trillion yen ($132 billion), topping the previous record of about 18 trillion yen a year earlier.
Binance News - According to Jin10, New Zealand's input PPI rose 2.9% quarter on quarter in the second quarter, compared with 1.40% previously.
Binance News - According to Jin10, OpenAI told investors that its second-quarter revenue rose 18% from the first quarter, while losses widened further, disappointing some shareholders who had hoped the startup would make more progress in catching up with Anthropic. According to people familiar with the matter, the company generated $6.7 billion in revenue in the three months ended June 30, compared with $5.7 billion in the first quarter, while its operating margin fell further, dimming the prospect of profitability before its much-anticipated IPO.
Binance News - According to CNBC, Jim Cramer said Tuesday that persistent market pessimism is creating opportunities for investors who can tolerate more near-term volatility. He pointed to rising Treasury yields, sticky inflation and elevated oil prices as pressures on stocks, but said those concerns are overshadowing signs of resilience in the economy. The 30-year Treasury yield touched 5.33%, its highest level in nearly two decades, while Brent crude topped $90 a barrel as U.S.-Iran negotiations remained stalled. Cramer said he does not expect Brent crude to rise much beyond $100 as additional supply comes online, and he said higher Treasury yields could eventually attract buyers seeking better returns on government debt. He also said he sees opportunity in technology, citing a record ...
Binance News - According to Jin10, The Wall Street Journal reported that OpenAI said its revenue rose to $6.7 billion in the three months through June.
Decrypt - The optional window puts an assistant of your choice next to your tabs, with a switch to disable it.
CryptoSlate - Only 5.38 million shares are initially issuable, leaving most of the deal's equity impact behind an approval gate. The post This public company now controls 18% of Zcash mining power after $33 million Winklevoss-linked deal appeared first on CryptoSlate.
Binance News - LG Energy Solution Ltd. is in talks with the US government and major defense contractors to supply batteries for drones and other unmanned weapons systems, according to Bloomberg. The company is seeking to tap rising demand for military hardware as electric vehicle demand sputters.
Binance News - According to Jin10, market sources said Anthropic is expected to start its IPO process within weeks.
Binance News - According to Jin10, SPDR Gold Trust holdings decreased by 5.42 tons from the previous day to 1,025.24 tons.
Binance News - White House chief crypto adviser Patrick Witt said he remains optimistic that the Clarity Act will ultimately become law, despite ongoing disputes over stablecoin yields and Trump’s crypto conflicts of interest. According to Odaily, Witt made the remarks on Tuesday at the SALT annual conference in Wyoming. Witt said lawmakers are currently in the August recess and are expected to return to Washington in mid-September. Senate Majority Leader John Thune has scheduled a procedural vote on the bill for September 15. ...
TheCurrencyAnalytics - Trading Technologies International is moving into prediction markets. The company plans to connect its platform to OG.com, Crypto.com’s CFTC-regulated prediction… Read the original on Trading Technologies Expands into Prediction Markets with OG.com Partnership. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Binance News - Ripple Chief Legal Officer Stuart Alderoty said September 15 will be a key date for determining whether the U.S. Clarity Act crypto market structure bill can keep moving forward. According to Odaily, he said the Senate will hold its first procedural motion on that date to decide whether to proceed to debate, and the motion needs 60 votes to advance the bill. Alderoty, who also serves as chairman of the National Crypto Association, said the SEC and CFTC have publicly stated they will continue developing crypto regulatory rules even if market structure legislation stalls. He said closer coordination between the two agencies is a positive sign, noting that they have ...
Binance News - Spelman College Chair Emerita Rosalind "Roz" Brewer, former chief executive officer of Walgreens Boots Alliance, discussed the state of the U.S. consumer in the current economy with Bloomberg's Romaine Bostick at the Bloomberg New Voices event in Martha's Vineyard, according to Bloomberg.
Binance News - According to Jin10, CME FedWatch shows a 65% probability that the Federal Reserve will keep rates unchanged in September, while the probability of a cumulative 25-basis-point hike is 35%. According to Jin10, the probability of the Fed keeping rates unchanged by October is 51.4%, with a 41.3% probability of a cumulative 25-basis-point hike and a 7.4% probability of a cumulative 50-basis-point hike.
Binance News - According to Wallstreetcn, ZTO Express reported second-quarter adjusted earnings per ADS of RMB 3.79 and revenue of RMB 14.55 billion, up 23% year over year.
Binance News - Fort Robotics, the Philadelphia-based robotics startup backed by Mark Cuban, plans to go public through a $500 million SPAC deal and expects to list on Nasdaq under the ticker FROB, according to Bloomberg. CEO Samuel Reeves said the company chose a SPAC over a traditional IPO for speed and efficiency as it scales its technology, operations, go-to-market strategy and international expansion.
Binance News - The US Army selected Hanwha Defense USA to supply its new Mobile Tactical Cannon, according to Bloomberg. The award marks a win for the South Korean conglomerate’s U.S. subsidiary.
Binance News - Australia's stock market may be emerging as a rare safe haven from AI-driven volatility in Asian equities, according to Bloomberg. A nascent rally has pushed valuations close to overtaking India as the Asia-Pacific's priciest major market for the first time in six years. Shaw and Partners Asset Management Investment Director Julia Lee discussed what that could mean for index heavyweights including BHP and CSL on Bloomberg: The Asia Trade.
Decrypt - A tracking device planted in a book order ended at a Las Vegas facility where Amazon strips bindings to scan pages for training data.
Binance News - Fletcher Building Ltd., New Zealand’s largest construction materials company, does not expect a meaningful recovery in its markets until 2027, according to Bloomberg. The outlook adds to signs of muted economic growth in the second half of this year.
Binance News - David Hall, managing partner at Revolution, said artificial intelligence is helping entrepreneurs of color compete, according to Bloomberg. He made the remarks in a conversation with Romaine Bostick at the Bloomberg New Voices event in Martha's Vineyard.
Binance News - Polymarket’s submarket for Elon Musk’s tweet count prediction, labeled “120-139,” saw the probability of the “Yes” option swing sharply, falling from 27.55% one hour earlier to 11.4%, a drop of 16.15 percentage points. According to ChainCatcher, the move may reflect the impact of related breaking news.
CryptoPotato - Nasdaq's proposed schedule still includes a one-hour daily pause for processing and transition to the next trading day.
Binance News - According to Jin10, The Information reported that Google (GOOG.O) said its AI can complete some of the work of frontline deployment engineers.
CoinTelegraph - The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as “investment contracts” and certain exemptions for token issuance.
Binance News - According to Jin10, Iraq approved a three-month crude oil export mechanism starting September 1, allowing local and international companies to export crude oil.