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Share link:In this post: Rumble may buy Northern Data for €1B, offering 2.319 Rumble shares per Northern Data share. Northern Data will sell its bitcoin mining unit to Elektron Energy for up to $235M, with proceeds going toward repaying a Tether loan. Rumble’s Q2 loss widened to $30.2M despite 12% revenue growth; monthly active users fell to 51M.
Share link:In this post: Indonesia proposes sovereign AI fund to boost position as regional tech hub. A strategy paper outlines the roadmap for AI growth to 2030, pending public input. However, the plan faces hurdles including skills shortages, low research spend, and patchy internet.
Share link:In this post: Ant Group denied claims on Chinese social media regarding plans to develop rare-earth-backed stablecoins in collaboration with the People’s Bank of China (PBoC). The denial was issued on August 11, 2025, amid growing speculation about the potential for stablecoins backed by rare earth elements. JD.com and Alibaba have been trying to get the People’s Bank of China to approve a stablecoin based on the offshore yuan to challenge USD-backed stablecoins.
South Korean retail investors shift focus from US tech stocks to crypto, as regulatory changes drive the move.
Stellar price remains inside a bullish setup after its recent breakout, but record exchange balances and fading momentum hint that gains could take longer to arrive.
- 14:49A new address is currently facing an unrealized loss of approximately $1.44 million from shorting ETH and ENA.According to Jinse Finance, OnchainLens monitoring shows that a newly created wallet address has withdrawn 4 million USDC from a certain exchange in the past two days and opened short positions on ETH (15x leverage) and ENA (10x leverage), currently with an unrealized loss of about 1.44 million USD.
- 14:30Analysis: Some market indicators suggest ETH may continue its rebound toward $4,500ChainCatcher news, according to Cointelegraph, some market indicators suggest that Ethereum may continue its rebound momentum and reach $4,500 by the end of October. Currently, ETH appears to be forming a "bullish flag," a pattern that typically signals a brief consolidation before continuing an upward trend. In addition, the recent ETH price has mostly remained above the "Weekly Bull Market Support Band," indicating a possible breakout above the channel's upper limit, which is in the $4,450-$4,500 range. If a breakout occurs, ETH could reach $5,200 in November. However, if ETH falls below the lower boundary of the "bullish flag pattern" at $3,550, it may face further pullback.
- 14:04Data: 200 million TRX transferred from an unknown wallet to a certain exchangeAccording to ChainCatcher, Whale Alert monitoring shows that 200 million TRX (approximately $63,517,911) were transferred from an unknown wallet to an exchange.