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A $15 billion AI data center campus is planned in Texas, to be leased by Anthropic. Morgan Stanley leads financing, while Google guarantees leases and power agreements in exchange for a 20% stake, highlighting big tech's growing role in funding core AI infrastructure.
Read MoreMichael Saylor clarifies that MicroStrategy's recently announced bitcoin divestment plan is unrelated to quarterly losses. The company maintains a long-term net buyer stance while retaining flexibility to manage its treasury strategy.
Read MoreOn-chain analysts report a Trump-linked public company transferred 2,628 BTC (worth ~$165M) to an exchange, signaling a potential sale. This follows earlier dispositions from its large 2022 purchase. The firm's Bitcoin investment has reportedly incurred significant realized and unrealized losses totaling approximately $555 million.
Read MoreTrump posted a chart on his social platform, claiming his policies are "decimating" Iran's currency. The Rial has nearly halved against the dollar in 18 months, plummeting from ~900,000 to 1.9 million per dollar. This highlights the impact of sanctions and Iran's economic resilience.
Read MoreThe US State Department issued emergency evacuation warnings for citizens in the Middle East amid reports of planned intensive airstrikes on Iranian energy facilities. Iran claims to have prepared comprehensive retaliation targeting Israeli infrastructure and US energy assets in the region, escalating tensions.
Read MoreOvernight crypto news highlights include MicroStrategy's potential $50B Bitcoin sale under its capital plan, raising sell-off concerns. An OpenAI report warns AI coding agents speed research software but can't judge scientific validity. Middle East tensions escalate with US embassy alerts. Other updates cover Bitquery co-founder misconduct allegations and Michael Saylor's comments on low BIP-110 support.
Read MoreTrump Media has introduced a premium subscription service called Truth API, offering corporate clients early, real-time access to posts on Truth Social for a reported monthly fee of up to $100,000. The service is primarily targeted at trading firms and businesses seeking a data edge.
Read MoreA Reuters investigation reveals a Dubai-based crypto exchange processed over $4 billion since May 2024, acting as a hub linking Iranian gambling sites, the central bank, and IRGC-linked entities. At least $676 million was transferred to Binance, raising sanctions evasion concerns.
Read MoreA hacker cluster exploiting a random number generator (RNG) vulnerability in Coldcard hardware wallets has stolen approximately 1,159 BTC (over $72 million) from 870 compromised addresses. The vast majority of funds remain in attacker-controlled addresses, highlighting the severe ongoing threat from hardware wallet security flaws.
Read MoreThe US Treasury and Japanese authorities jointly intervened in the foreign exchange market, buying yen to bolster the currency. This coordinated action pushed the yen sharply higher from a near 40-year low, reaching its strongest level since May. US Treasury Secretary Bassett stated the yen was "severely undervalued."
Read MoreRussia has banned cryptocurrency mining and pool participation in Moscow and surrounding areas starting August 15. The prohibition will last until the end of 2032, driven by concerns over significant energy consumption, estimated at 1 gigawatt locally.
Read MoreCoinbase's Chief Policy Officer announced significant progress on the CLARITY Act, stating that ethical and nomination hurdles are resolved and a substantive bipartisan bill is ready. He expressed confidence that the legislative process can now advance, marking a crucial step forward for U.S. crypto regulation.
Read MoreBitcoin mining difficulty has dropped to 126.23T, marking a rare year-on-year decrease for only the second time in history. Driven by low BTC prices, squeezed revenues, and computing power shifting to AI, the mining industry faces continued pressure despite reduced competition.
Read MoreA leading Bitcoin mining CEO suggests Bitcoin has missed its chance as a payment tool due to price volatility. He believes stablecoins are better suited for commercial transactions, while Bitcoin remains valuable as a decentralized store of value.
Read MoreThe SEC has suspended and will reconsider its approval of Nasdaq's cash-settled Bitcoin index options following a legal challenge from CME. The suspension lasts until August 24 for public comment. The dispute centers on whether Bitcoin options fall under SEC or CFTC jurisdiction.
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