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Crypto Euphoria Fades Into Brutal Correction

Cointribune·2025/08/19 05:25

Google Becomes Largest TeraWulf Shareholder at 14%

Cryptotale·2025/08/19 05:15

Wyoming Makes History, Launches America’s First State-Issued Stablecoin

Wyoming launches America's first state-issued stablecoin, FRNT, backed by fiat and supported across seven blockchains, aiming to reduce fees and boost digital transactions while funding education.

BeInCrypto·2025/08/19 05:09

Dogecoin at Risk of 15% Drop as Key Cohorts Exit

Dogecoin price dropped 2% this week and risks a deeper correction. On-chain signals show key holder cohorts exiting and bears regaining control.

BeInCrypto·2025/08/19 04:30

Meta and Character.ai face investigation over chatbots posing as therapists

Share link:In this post: Texas attorney-general Ken Paxton is investigating Meta and Character.ai for allegedly marketing chatbots as therapists without medical credentials. The probe follows a Senate inquiry into Meta after leaked documents suggested its AI could engage in romantic chats with minors. Both companies deny wrongdoing, saying their chatbots carry disclaimers that they are not licensed professionals and are intended for entertainment.

Cryptopolitan·2025/08/19 04:05

Starlink hit by yet another outage as SpaceX adds more satellites to orbit

Share link:In this post: Starlink went down Monday, marking its second outage in two weeks. Thousands of users reported the issue on Downdetector, but SpaceX gave no statement. SpaceX launched more satellites that same day from Vandenberg despite the outage.

Cryptopolitan·2025/08/19 04:05

Sam Altman says Trump is underestimating China’s AI threat

Share link:In this post: Sam Altman warned that Trump’s chip bans won’t stop China’s AI progress. He said China is advancing across multiple layers, not just hardware. OpenAI released two open-weight models to counter China’s open-source tools.

Cryptopolitan·2025/08/19 04:05

Trump blasted for ‘bro’ culture as Illinois Governor enacts tough crypto rules shaking state industry

CryptoSlate·2025/08/19 03:51

Spanish Trader Hit With €9M DeFi Tax Exposes Crypto Law Flaws

Cryptotale·2025/08/19 03:45

High betas, low correlations: miners break from Bitcoin patterns

CryptoSlate·2025/08/19 03:07

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04:26

Boosted by optimism over artificial intelligence and recent Iran peace talks, Japan's Nikkei Index soars

If the current rally continues, the index will record its largest single-day gain since May 7.

04:17

Iran war sparks an extremely bearish scenario for Asian currencies and bonds

Golden Ten Data reported on May 21 that the Iran war is putting pressure on emerging Asian markets, pushing some currencies and bond yields to levels once considered unlikely. As the conflict continues, some analysts are drawing more extreme bearish scenarios, including the Indian rupee depreciating to 100 against the US dollar, the Indonesian rupiah falling to 18,000, and the Philippine peso devaluing to 65, as high energy prices exacerbate inflation and hit import-dependent economies. The bond market is also feeling the pressure. Benchmark yields in India may test the highs seen in 2022, while the head of the Philippine Money Market Association said yields could climb to a multi-year high of 8%.

04:17

Analysis: HYPE surpasses $50 for the first time in eight months, driven by both short squeeze and ETF inflows

BlockBeats News, May 21 — According to a post by Santiment on social media, over the past few days, a large number of traders have been betting on HYPE's decline, resulting in a significant surge in negative funding rates across trading platforms. However, HYPE's price has continued to rise, creating a classic short squeeze that forces bearish traders to automatically buy back their positions, further driving up the price. Currently, the total open interest in HYPE remains at an extremely high level above $1.92 billion. Although the market generally expects that liquidations will lead to a collapse in open interest, HYPE continues to attract new traders, keeping open interest elevated, as it is currently one of the hottest assets in the crypto market. The main catalyst for this round of price increases is the surging enthusiasm for Hyperliquid-related ETF products in the market. In May 2026, Bitwise and 21Shares, among others, launched HYPE-linked ETFs, providing traditional investors with a way to gain exposure to this asset without directly using crypto wallets or decentralized exchanges. Market analysis indicates that the launch of these ETFs marks Hyperliquid's transition from a niche DeFi platform to an institutionally recognized crypto ecosystem.

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Iran war sparks an extremely bearish scenario for Asian currencies and bonds

Analysis: HYPE surpasses $50 for the first time in eight months, driven by both short squeeze and ETF inflows

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