24/7 Blockchain industry dynamics and breaking crypto news
On August 12, SpaceX's stock price experienced a significant decline, with losses widening to 5%, closing at $131.67. This drop has drawn market attention to the company's short-term performance and industry volatility, with investors closely monitoring subsequent developments.
Read MoreThe U.S. Energy Information Administration has revised its oil price forecasts upward for 2026 and 2027 in its latest Short-Term Energy Outlook. The adjustments reflect shifting supply-demand dynamics and geopolitical factors, signaling potential impacts on global energy markets.
Read MoreOn August 11, a short-term Ethereum price drop triggered a partial liquidation of a high-leverage long position held by prominent investor Jeffrey Huang (Machi Big Brother). Approximately 730 ETH were liquidated, while the position retains 2,920 ETH, marking an unrealized loss of around $101,000. The event highlights risks associated with leveraged crypto trading.
Read MoreStrategy CEO Phong Le has announced the firm's plan to continue increasing its Bitcoin holdings throughout the year. This move signals strong institutional confidence in the leading cryptocurrency and may influence broader market trends.
Read MoreIran's top security official stated the Strait of Hormuz will remain closed unless the U.S. changes its behavior and meets Iranian conditions, including ending conflicts and unfreezing funds. He accused the U.S. of destabilizing the region. A potential transit deal with Oman would be separate from the blockade issue.
Read MoreOn August 11, U.S. Bitcoin ETFs saw a net outflow of 2,209 BTC, while Ethereum ETFs experienced a larger daily outflow of 14,499 ETH, according to Lookonchain data. However, both fund categories maintained strong seven-day net inflows, highlighting a divergence between short-term volatility and medium-term trends.
Read MoreAn Iranian official warns the strategic Hormuz Strait will remain closed until Tehran's conditions are met. Any new attacks or broken promises will trigger harsher retaliation. The official stated punishment against "aggressors" will continue, urging adversaries not to repeat past mistakes.
Read MoreCME Group and Silicon Data plan to launch groundbreaking compute futures on October 5. The H100 and B200 rental index futures, to be listed on NYMEX, will track hourly GPU leasing costs, offering new risk management and price discovery tools for the AI compute market. This marks a major step in the financialization of computing power.
Read MoreCrypto firm Twenty One Capital reported a staggering $4.135 billion net loss in Q2, primarily due to a $4.015 billion Bitcoin value decline. The new CEO outlined a strategic shift beyond its 'Bitcoin Treasury' model, focusing on acquisitions, capital markets, and Bitcoin-backed lending.
Read MoreIntel's recent stock offering was significantly oversubscribed. According to Bloomberg sources, approximately one-third of purchase orders went unfulfilled, indicating investor demand far exceeded the available shares. This highlights intense market focus on specific tech stocks.
Read MoreManus announced it will resume operations as an independent company. To comply with regulatory requirements, certain user data generated after December 29, 2025 will be deleted between August 23-24, 2026. Affected users must back up data before August 23, 2026, with restoration available after August 25. Other users' services remain unaffected.
Read MoreCircle's stock surged over 8% as analysts argue investors are underestimating its growth potential. With the stablecoin market poised to expand from $300B to trillions, and U.S. regulation taking shape, Circle's established position offers a key competitive edge.
Read MoreBitcoin has broken below the crucial $64,000 support level, currently trading around $63,998. The leading cryptocurrency recorded a 24-hour decline of 1.25%, signaling increased market turbulence and prompting warnings for investors to exercise caution.
Read MorePresident Trump issued a stern warning to Iran, highlighting its economic collapse with 300% inflation and worthless currency. He asserted US control over Iranian funds and readiness to deploy "powerful force" without ammunition shortages, escalating tensions.
Read MoreBinance Futures will list the DOSUSDT perpetual contract on August 11, 2026, offering up to 20x leverage and USDT settlement. This expansion provides traders with a new digital asset derivatives trading option.
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