Nvidia Acquires Hugging Face for $12.9B
Nvidia has agreed to acquire Hugging Face for $12.93 billion, enhancing its AI software capabilities while maintaining Hugging Face’s open platform for developers. #Update #AI $BTC $ETH
Generative AI Banned in NYC Schools
New York City bans generative AI for students from 2-K through eighth grade starting 2026-27, affecting nearly 600,000 students. #Update #Education
Nvidia Market Cap Surges to $5.3 Trillion
@Nvidia’s market cap reaches $5.3 trillion, surpassing five S&P 500 sectors and equating to 16% of US GDP, driven by AI chip demand #Breaking #Crypto $NVDA (+8) ↗
Crypto Market Set for Bull Cycle with RWAs
Wintermute analysts noted that onchain tokenized-asset volume tripled to over $30 billion, suggesting Real World Assets (RWAs) could be a new liquidity channel for the crypto market. #Update #Crypto $BTC $ETH
Kraken Partners with SoFi to Revolutionize Banking
@Kraken joins @SoFi’s settlement network, listing SoFiUSD to bridge traditional banking with crypto markets. #Update #Crypto $USDC
Bitcoin CEO Defends Selling Bottom Strategy
Bitcoin rebounds 1.3% to $77.9k as bond yields cool; @KrakenFX parent delays IPO to Q2 2027; Binance sees $1B stablecoin inflow in August. #Update #Crypto $BTC
Bitcoin Rises as Yen Surges Boosts Market
The yen’s surge has contributed to a decline in the Dollar Index, positively impacting $BTC and gold prices for now. #Update #Crypto $BTC
Bitcoin Must Adapt to New Bond Yield Trends
Bitcoin’s price dynamics are shifting as FX markets stop relying on traditional bond yields, suggesting a potential change in trading strategies for cryptocurrencies. #Update #Crypto $BTC
Cryptocurrency Theft Disrupted by US Europe
Authorities in the U.S., Bulgaria, Hungary, and Romania disrupted the Sality P2P botnet, which stole at least $150K in cryptocurrency, impacting over 11M IPs globally. #Breaking #Crypto $BTC
Onchain Lending Hits $1M for 6600 Students
@PencilFinance completed a $1M onchain student loan cycle, aiding 6,600 students in Southeast Asia, with 50% female borrowers from low-income households. #Update #Crypto
CFTC Seeks Dismissal of CME Crypto Lawsuit
The U.S. Commodity Futures Trading Commission (CFTC) seeks to dismiss CME Group’s lawsuit over crypto perpetual futures, stating it lacks standing and claims are unfounded. #Update #Legal $CME
Bitcoin Bounces as Global Funds Cut Hedges
Bitcoin is back above $77,500 with all major cryptocurrencies in the green today, despite a red week; global investors hold their lowest dollar hedges since 2015. #Update #Crypto $BTC
Bitcoin Surges Toward $78000 as Rally Extends
Bitcoin ($BTC) rose 0.76% as a weaker dollar boosted equities and metals, while $ARB and $PONS extended gains for a third session. #Update #Crypto $BTC
Bitcoin and Ether Trading Launches in UAE
@StandardChartered has launched spot trading for $BTC and $ETH for institutional clients in the UAE, marking a significant expansion of its regulated crypto services. #Update #Crypto $BTC $ETH