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Bitcoin News Today: Trump-Backed Merger Fuels 231% Gryphon Surge as Bitcoin Push Gains Momentum
Bitcoin News Today: Trump-Backed Merger Fuels 231% Gryphon Surge as Bitcoin Push Gains Momentum

- Gryphon Digital Mining’s shares surged 231% since May amid its pending merger with American Bitcoin, a Trump-backed crypto miner, set to trade as ABTC on Nasdaq by September. - The all-stock deal sees Hut 8, American Bitcoin, and their team holding 98% of the new entity, with Winklevoss brothers as anchor investors, aiming to create the world’s largest pure-play bitcoin miner. - Strategic advantages include leveraging existing relationships for financing, with Hut 8 expanding U.S. data centers (1.53 GW)

ainvest·2025/08/29 03:12
Bitcoin News Today: Government Picks Pyth to Power Trust in Digital Data Future
Bitcoin News Today: Government Picks Pyth to Power Trust in Digital Data Future

- Bitcoin fell 0.18% on August 29 amid market volatility, while Pyth Network’s PYTH token surged 99.01% due to growing institutional interest in onchain data infrastructure. - The U.S. Department of Commerce partnered with Pyth Network to verify and distribute economic data onchain, enhancing transparency for decentralized finance and public data systems. - Bitcoin’s market dominance at 53.75% contrasted with Ethereum’s strong performance, as investor flows shifted toward Ethereum-based innovations and DeF

ainvest·2025/08/29 03:12
Paraguay Bets on Tokenized Equity via Polkadot
Paraguay Bets on Tokenized Equity via Polkadot

Paraguay invests $6M using tokenized equity on Polkadot to build a tech hub with a hotel, university, and data center.Inside the Assuncion Innovation ValleyPolkadot’s Role in Real-World Asset Tokenization

Coinomedia·2025/08/29 03:10
Mixed Crypto Signals: AAVE & SHIB Slow Down While BlockDAG Accelerates Past $386M As it Races Towards $600M
Mixed Crypto Signals: AAVE & SHIB Slow Down While BlockDAG Accelerates Past $386M As it Races Towards $600M

Explore the latest AAVE price movement and Shiba Inu (SHIB) trading volume as BlockDAG’s presale crosses $386M, aiming for $1 and securing its status as the top crypto to buyAAVE Price Movement Holds Near $329Shiba Inu Trading Volume Jumps 109% as Price DeclinesWhy BlockDAG’s Timing Could Be the Key to Long-Term GainsConclusion: The Top Crypto to Buy May Already Be Decided

Coinomedia·2025/08/29 03:10
Tether Mints $1B USDT Amid Market Buzz
Tether Mints $1B USDT Amid Market Buzz

Tether mints $1 billion USDT, sparking speculation of a market move.Major Minting: What’s Behind the $1B USDT?Liquidity Injection or Market Signal?Should You Be Watching the Charts?

Coinomedia·2025/08/29 03:10
Bitcoin Hash Ribbon Signals Flash in Rare Pattern
Bitcoin Hash Ribbon Signals Flash in Rare Pattern

Three Bitcoin Hash Ribbon buy signals appear closer than ever — a rare bullish sign.A Rare Pattern Hidden in the Hash RibbonsThree Bullish Signals — One Tight WindowWhy You Shouldn’t Ignore This Signal

Coinomedia·2025/08/29 03:10
Ethereum ETFs See $309M Inflow Surge in One Day
Ethereum ETFs See $309M Inflow Surge in One Day

Ethereum spot ETFs gained $309M in inflows on August 27, boosting total assets to $30.17B.Ethereum Spot ETFs Attract Massive InflowsWhat’s Fueling the Ethereum ETF Boom?Institutional Interest Keeps Growing

Coinomedia·2025/08/29 03:10
Flash
12:41
Tesla restricts employees' AI usage expenses as several US tech companies tighten AI spending
Similar measures have also been adopted by other American technology companies. According to reports, Tesla has issued an internal memo to employees, announcing that starting from July 6, each employee will have a weekly spending limit of $200 on AI tools, and any excess must be approved by a supervisor. However, Tesla employees using the Grok model from Elon Musk’s xAI are not counted within the $200 limit. It is reported that Grok is not widely accepted among Tesla employees, with most still choosing to use Anthropic's Claude. (CCTV Finance)
12:08
UK FCA Releases Cryptocurrency Framework Aimed at Enhancing Global Liquidity and Institutional Adoption
The UK FCA's cryptocurrency framework prioritizes global liquidity and institutional adoption, but the authorization process faces compliance challenges.
12:07
Kioxia Provides Next-Generation Flash Chip Samples to Customers, Aiming to Outpace Competitors
On July 4, Bloomberg reported that Kioxia Holdings has begun supplying next-generation flash chip samples to AI data center operators, aiming to gain an edge in this lucrative market and compete with rivals. The Tokyo-based chip manufacturer stated that its newly launched high-density 3D flash chips have improved energy efficiency and data transfer speeds. The company claims that the storage capacity of the new generation 332-layer, tenth-generation flash chips has increased by 59% compared to its previous flagship product, the eighth-generation flash chips. Click the link below to join the Beating · Feishu AI News channel, which monitors global AI hotspots and news 24/7.
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