General crypto and blockchain news that spans multiple categories.
Bitcoin, ether and solana climb as another $1 billion shorts get wiped out
Bitcoin, Ether, and Solana rallied sharply as leveraged traders who bet on price declines faced massive liquidations. The liquidation cascade hit $1 b…
A $2 million bet on XRP volatility crosses the tape as prices surge
An options trader executed a $2 million straddle on XRP, positioning for significant price volatility ahead of an August 28 expiration date. The strad…
MANTRA token sinks 18% to record low amid blockchain halt
MANTRA token plummeted 18% to record lows as the MANTRA Chain blockchain halted operations. The token bottomed near multi-month lows before recovering…
Alibaba's Revenue Jumps 9% as AI Cloud Growth Hits 45%—But a Profit Plunge Sends Shares Lower
Alibaba reported June quarter revenue growth of 9% year-over-year, driven by accelerating cloud and AI services that posted 45% revenue expansion. Des…
Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000
Crypto short positions experienced catastrophic losses on a single day, with bearish traders losing $2.74 billion. This marks the largest one-day liqu…
Here’s what happened in crypto today
# Daily Crypto Roundup: Markets and Movements This roundup covers today's key developments across Bitcoin, blockchain infrastructure, decentralized f…
Trump Says AI Could Be 'Bigger Than the Internet' as He Pushes Light-Touch Regulation
President Trump positioned artificial intelligence as transformative infrastructure during remarks defending minimal regulatory constraints on the sec…
Bitcoin Shortsellers Get Destroyed With $1.7B in Positions Liquidated Following BTC Price Jump
A sharp rally in bitcoin on Wednesday triggered a cascade of short liquidations, wiping out $1.7 billion in bearish positions across derivatives excha…
OpenAI CFO Reveals How Soon the IPO Could Actually Land
OpenAI CFO Sarah Friar signaled the artificial intelligence lab will pursue an initial public offering in 2027, with potential acceleration if busines…
SK Hynix Up 12%, Samsung Up 9%: Why US Bonds Move Korean Chips
SK Hynix rallied 12% and Samsung jumped 9% following a decline in US Treasury yields, highlighting the tight correlation between bond markets and semi…
US accounting board FASB proposes conditions for stablecoins as cash equivalents
The Financial Accounting Standards Board laid out specific requirements for stablecoins to qualify as cash equivalents under U.S. accounting rules. Th…
Mozilla Tests an AI 'Smart Window' in Firefox—But Only If You Opt In
Mozilla launched a limited test of an AI sidebar feature in Firefox that lets users add a conversational assistant window alongside their browser tabs…
Arguing With People on X May Get You More Posts You Hate as Algo Feeds on Ragebait
X's engagement algorithm amplifies divisive content when users engage in arguments, creating a self-reinforcing cycle that serves progressively more p…
Markets Confident OpenAI Releases Its Next AI Model in Weeks
OpenAI has signaled delays to its next frontier model release, but crypto markets are pricing in an imminent launch anyway. Traders betting on AI-adja…
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple has secured a partnership with South Korea's Jeonbuk Bank to deploy its cross-border payments infrastructure, marking another institutional ado…
Anthropic Run Rate Hits $65 Billion and Leaves OpenAI $25 Billion Behind
Anthropic's annualized revenue run rate climbed to $65 billion as of late July, surpassing OpenAI's estimated $40 billion by $25 billion. The San Fran…
4 Memory Stocks Cramer Says Could Avoid an AI Bust and Keep Climbing
Jim Cramer identified four memory semiconductor stocks positioned to sustain gains amid persistent AI demand. Micron Technology, SanDisk, Seagate Tech…
Robot maker Unitree is going public. Hyperliquid traders see 4x upside from IPO price
Unitree Robotics is preparing for a public market debut, but the gap between private valuation and IPO pricing has created a sharp divergence that cry…
China's Z.AI Ships GLM-5.3, Calling It the Top Open-Weight Coding Model
Zhipu AI, the Beijing-based research lab, released GLM-5.3, positioning it as the leading open-weight coding model in its size class. The model demons…
Asian Stocks Stall as Oil Risk Grows: Is the Rally Over?
Asian equity markets hit a wall Monday as geopolitical tensions over Iran reignited oil price volatility, threatening to derail last week's broad reco…
Musk Hopes “AI is Nice to Us” as Anthropic CEO Defends AI Warnings
Elon Musk expressed hope that artificial intelligence will "be nice to us" during a discussion about AI safety risks, while Anthropic CEO Dario Amodei…
Apple Turns to Alibaba to Help Build AI Model for China
Apple has partnered with Alibaba to deploy artificial intelligence features on iPhones sold in China, leveraging Alibaba's Qwen large language model a…
Cardano Founder Launches New Free Tool to Remove Anthropic’s AI Watermark
Charles Hoskinson, founder of Cardano, released Anthropies, a free tool designed to strip watermarks that Anthropic embeds in Claude-generated text, c…
This Asset Class Will Become the Next Crypto, Says Billionaire Mark Cuban
Mark Cuban predicts semiconductor chips will emerge as the next major asset class, drawing comparisons to crypto's explosive growth. The billionaire i…
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