Rumble is moving to expand its footprint in artificial intelligence and high-performance computing. The video-sharing and cloud services firmdisclosedplans to acquireNorthern Data. Tether aims to boost its influence in AI and cloud Services with a major stake in Rumble post-acquisition.
Source: https://cryptoslate.com/tether-shifts-northern-data-stake-to-rumble-in-ai-cloud-mega-deal/
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Source: https://cryptoslate.com/coinbase-held-55-of-usd-volume-as-btc-spiked-to-122k/
ALT5 Sigma Corporation plans to raise about $1.5 billion through a stock offering and aWLFItoken-funded private placement. Eric Trump will take a board seat, Zak Folkman will become a board observer, and Matt Morgan will join as chief investment officer. ALT5 intends to hold roughly 7.5% of the total $WLFI token supply as part of a new corporate treasury strategy.
Turkish authorities have reportedly detained an Ethereum developer known as Fede’s Intern in Izmir. The arrest,disclosedby the developer on Aug. 10, has stirred debate in the crypto community, where many see it as a troubling precedent.
Source: https://cryptoslate.com/turkish-arrest-of-ethereum-developer-raises-alarms-in-crypto-community/
The U.S. Securities and Exchange Commission’s approval ofin-kind creations and redemptionsfor spot Bitcoin and Ethereum exchange-traded funds onJuly 29 has altered how authorized participants interact with these products. This structural change is expected to reduce tracking error and bid-ask spreads, bringing the operational model closer to commodity ETFs and potentially broadening the investor base.
Renowned macro analyst Lyn Alden shares her views on fiscal deficits, ‘sticky’ inflation, Bitcoin cycles, and the remarkable 20-watt human brain. Lyn is perhaps best known for her book Broken Money, which provides a comprehensive view of the history of money.
Source: https://cryptoslate.com/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train/
A new report from Adamant Research and Tuur Demeester says Bitcoin’s bull run is far from over. Prices could rise 4–10x, fueled by surging institutional demand, nation-state adoption, and macro tailwinds.
Source: https://cryptoslate.com/bitcoins-mid-cycle-strength-tuur-demeester-predicts-500k-target/
USDe has set a new industry record by hitting $10 billion in total value locked (TVL) in just 500 days. USDe’s rapid climb has coincided with the passing of theGENIUS Act, the Guiding and Establishing National Innovation for U.S. Stablecoins Act.
Einsteinium leads a rally with over 20% gains in the past week and several major coins following suit. Does this mean alt season is here at last? 2025 has been a stellar year forBitcoin, seeing the number-one crypto climb steadily higher, marking a fresh all-time high of $122,838 on July 14.
Source: https://cryptoslate.com/as-ethereum-rips-and-smaller-caps-follow-is-alt-season-finally-here/
Panama City Mayor Mayer Mizrachi has expressed strong support for a proposal that would allow ships to pay reduced Panama Canal fees if they settle in Bitcoin. The Panama Canal, which connects the Atlantic and Pacific Oceans, has been a vital trade route since its opening in 1914.
Source: https://cryptoslate.com/panama-city-mayor-backs-bitcoin-discounts-for-panama-canal-fees/