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Bitcoin Climbs as US CPI Inflation Data Lands Below Target
Bitcoin Climbs as US CPI Inflation Data Lands Below Target

Bitcoin's price saw a slight uptick following the US CPI release, showing 2.8% inflation in July. Analysts now expect a Fed rate cut in September, keeping markets on edge.

BeInCrypto·2025/08/12 04:31
Ethereum Whales and Public Companies Are Buying Big — Is $7,000 Next for ETH?
Ethereum Whales and Public Companies Are Buying Big — Is $7,000 Next for ETH?

Ethereum’s supply squeeze, fueled by corporate accumulation, whale activity, and record staking, is setting the stage for a potential rally toward $7,000. Analysts highlight $4,400 as the key breakout point for short-term momentum.

BeInCrypto·2025/08/12 04:18
Ethereum developer detained in Turkey over alleged misuse of blockchain network
Ethereum developer detained in Turkey over alleged misuse of blockchain network

Share link:In this post: Ethereum developer Federico Carrone was detained for hours in Turkey over alleged misuse of Ethereum. The accusation is likely connected to privacy protocols and Carrone’s research on the subject. Despite crypto adoption, privacy and self-custody tools continue to face legal uncertainty and risks.

Cryptopolitan·2025/08/12 03:40
Russians can now buy suspicious A7A5 stablecoins with cards issued by sanctioned bank
Russians can now buy suspicious A7A5 stablecoins with cards issued by sanctioned bank

Share link:In this post: • A7A5 allows holders of Russian bank cards to buy stablecoins. • Option available only to Russian citizens, clients of sanctioned bank PSB. • Traders can also sell the tokens and receive Russian rubles in their card accounts.

Cryptopolitan·2025/08/12 03:40
Mercedes CEO warns Europe against premature EV push as EVs get critical US support
Mercedes CEO warns Europe against premature EV push as EVs get critical US support

Share link:In this post: Ola Källenius, CEO of Mercedes-Benz, has publicly criticized the European Union’s plan to ban CO2-emitting vehicles by 2035. Källenius argues that the transition to electric vehicles must be balanced with the realities of supply chain capabilities and consumer needs. The Trump administration released updated guidelines for a $5 billion program expanding electric vehicle (EV) charging infrastructure across the United States.

Cryptopolitan·2025/08/12 03:40
GM taps former Tesla Autopilot chief to relaunch driverless car plans, moves on from 2024 failure
GM taps former Tesla Autopilot chief to relaunch driverless car plans, moves on from 2024 failure

Share link:In this post: General Motors (GM) is shifting its driverless car strategy from robotaxis to personally owned autonomous vehicles. Former Tesla Autopilot chief Sterling Anderson will lead the renewed self-driving push. GM plans to rehire Cruise veterans and bring in new talent to accelerate development.

Cryptopolitan·2025/08/12 03:40
Bitcoin miner MARA nears $168M EDF deal to power AI expansion
Bitcoin miner MARA nears $168M EDF deal to power AI expansion

Share link:In this post: MARA will buy 64% of EDF’s Exaion for $168 million. The deal moves MARA from Bitcoin mining into AI data centers. MARA will focus on running AI models instead of training them.

Cryptopolitan·2025/08/12 03:40
Lido’s (LDO) 67% Rally Faces Reality Check as Euphoria Nears Peak
Lido’s (LDO) 67% Rally Faces Reality Check as Euphoria Nears Peak

LDO’s 67% rally faces a reality check as euphoria peaks, risking a pullback if buyer fatigue sets in.

BeInCrypto·2025/08/12 03:30
Flash
04:50
BIRB briefly surpasses 0.09 USDT, up 21.3% in 24 hours
Foresight News reports that, according to Bitget data, the NFT project Moonbirds' token BIRB briefly surpassed 0.09 USDT and is now trading at 0.087 USDT, up 21.3% over the past 24 hours.
04:47
DeFi researcher Ignas: If the Ethereum Foundation delivers the "minimalist roadmap" on time, it will be bullish for ETH; a delay combined with a bear market could be bearish.
Foresight News reported that DeFi researcher Ignas commented on Vitalik Buterin’s previously released “Simplified Ethereum” roadmap, stating, “If the Ethereum Foundation can deliver on time, I am bullish on ETH. This roadmap is very attractive, as it addresses most key demands previously raised by the community, including L1 reclaiming execution from L2, privacy protection, quantum resistance, and second-level finality. However, the tokenomics issue has not yet been addressed.” He also pointed out that the most highly anticipated parts of the roadmap will materialize after 2028, with the finality target set for 2029. If the Ethereum Foundation’s (EF) delivery schedule is delayed and the bear market continues, it could potentially be negative for the price of ETH, as competing projects such as Tempo and Canton are challenging Ethereum in the fields of real-world asset (RWA) adoption and institutional adoption.
04:34
Institution: Current Global Storage Industry Still Facing Severe Supply Shortages, AI-Driven Structural Demand Growth Has Not Peaked
BlockBeats News, July 5th - In its latest report, Nomura Securities believes that the core contradiction in the current global storage industry is still a serious supply shortage, and the AI-driven structural demand growth has not peaked yet. Recently, investors' concerns about oversupply have been significantly overblown, and the market's overly reactive response may provide a window for the storage sector to reevaluate its valuation. In the report, Nomura Securities bluntly stated that market concerns have been greatly exaggerated. The semiconductor investment-to-actual capacity conversion cycle is extremely long, with South Korea's investment plan of up to 48 trillion Korean won taking at least 5 to 10 years to translate into actual capacity. Furthermore, the high-profit HBM (High Bandwidth Memory) is squeezing general storage capacity, leading to a severe supply shortage in the market. Nomura Securities emphasized that Meta's decision is by no means a turning point for the reduction of AI-related hardware demand. Instead, due to the current shortage of computing power, resulting in a rising trend in single Token prices, Meta's computing power entry into the market is expected to help stabilize Token prices downward.
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