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Bitcoin News Today: Trump-Backed Merger Fuels 231% Gryphon Surge as Bitcoin Push Gains Momentum
Bitcoin News Today: Trump-Backed Merger Fuels 231% Gryphon Surge as Bitcoin Push Gains Momentum

- Gryphon Digital Mining’s shares surged 231% since May amid its pending merger with American Bitcoin, a Trump-backed crypto miner, set to trade as ABTC on Nasdaq by September. - The all-stock deal sees Hut 8, American Bitcoin, and their team holding 98% of the new entity, with Winklevoss brothers as anchor investors, aiming to create the world’s largest pure-play bitcoin miner. - Strategic advantages include leveraging existing relationships for financing, with Hut 8 expanding U.S. data centers (1.53 GW)

ainvest·2025/08/29 03:12
Bitcoin News Today: Government Picks Pyth to Power Trust in Digital Data Future
Bitcoin News Today: Government Picks Pyth to Power Trust in Digital Data Future

- Bitcoin fell 0.18% on August 29 amid market volatility, while Pyth Network’s PYTH token surged 99.01% due to growing institutional interest in onchain data infrastructure. - The U.S. Department of Commerce partnered with Pyth Network to verify and distribute economic data onchain, enhancing transparency for decentralized finance and public data systems. - Bitcoin’s market dominance at 53.75% contrasted with Ethereum’s strong performance, as investor flows shifted toward Ethereum-based innovations and DeF

ainvest·2025/08/29 03:12
Paraguay Bets on Tokenized Equity via Polkadot
Paraguay Bets on Tokenized Equity via Polkadot

Paraguay invests $6M using tokenized equity on Polkadot to build a tech hub with a hotel, university, and data center.Inside the Assuncion Innovation ValleyPolkadot’s Role in Real-World Asset Tokenization

Coinomedia·2025/08/29 03:10
Mixed Crypto Signals: AAVE & SHIB Slow Down While BlockDAG Accelerates Past $386M As it Races Towards $600M
Mixed Crypto Signals: AAVE & SHIB Slow Down While BlockDAG Accelerates Past $386M As it Races Towards $600M

Explore the latest AAVE price movement and Shiba Inu (SHIB) trading volume as BlockDAG’s presale crosses $386M, aiming for $1 and securing its status as the top crypto to buyAAVE Price Movement Holds Near $329Shiba Inu Trading Volume Jumps 109% as Price DeclinesWhy BlockDAG’s Timing Could Be the Key to Long-Term GainsConclusion: The Top Crypto to Buy May Already Be Decided

Coinomedia·2025/08/29 03:10
Tether Mints $1B USDT Amid Market Buzz
Tether Mints $1B USDT Amid Market Buzz

Tether mints $1 billion USDT, sparking speculation of a market move.Major Minting: What’s Behind the $1B USDT?Liquidity Injection or Market Signal?Should You Be Watching the Charts?

Coinomedia·2025/08/29 03:10
Bitcoin Hash Ribbon Signals Flash in Rare Pattern
Bitcoin Hash Ribbon Signals Flash in Rare Pattern

Three Bitcoin Hash Ribbon buy signals appear closer than ever — a rare bullish sign.A Rare Pattern Hidden in the Hash RibbonsThree Bullish Signals — One Tight WindowWhy You Shouldn’t Ignore This Signal

Coinomedia·2025/08/29 03:10
Ethereum ETFs See $309M Inflow Surge in One Day
Ethereum ETFs See $309M Inflow Surge in One Day

Ethereum spot ETFs gained $309M in inflows on August 27, boosting total assets to $30.17B.Ethereum Spot ETFs Attract Massive InflowsWhat’s Fueling the Ethereum ETF Boom?Institutional Interest Keeps Growing

Coinomedia·2025/08/29 03:10
Flash
01:53
SoftBank shares plummet due to possible delay of OpenAI IPO
```htmlGolden Ten Data reported on June 26 that due to market concerns that OpenAI may postpone its IPO until next year, delaying the investment return for its Japanese investors, a certain exchange's share price fell 12% during trading. By October, the exchange's investment in ChatGPT developer OpenAI is expected to reach around $65 billion. Previously, the market anticipated that OpenAI's listing would bring substantial gains, pushing the exchange's stock to a record high and its market value to exceed that of Toyota Motor Company last month. However, according to The New York Times, OpenAI's advisor bankers have warned that the volatility of tech stocks could dampen market enthusiasm for the IPO. As a result, the exchange's stock saw its largest single-day drop in over three months in early Friday trading in Tokyo. Hiroki Takei, strategist at Risona Holdings, stated that OpenAI's listing would provide a transparent market valuation for the large assets held by the exchange, which also includes hundreds of unlisted startups in its investment portfolio. If OpenAI goes public, investors will be able to better assess the exchange's overall investment portfolio, and this transparency is expected to reduce the significant conglomerate discount or risk premium currently faced by the exchange's stock. "News of the IPO being delayed will naturally lower these expectations," he said.```
01:51
FedEx Freight expects revenue to grow by 4% to 6% for the remainder of this year.
Glonghui, June 26 | FedEx Freight noted that demand in the industrial sector has improved and expects revenue to increase by 4% to 6% in the seven months ending December 31, with adjusted operating profit growing by 0.8% to 7.5%. This comes just weeks after it completed its spin-off from parent company FedEx.
01:51
Zabi: Bluewater has acquired Suilend, and I will serve as Suilend CEO
Bluefin founder Zabi stated on the X platform that Bluewater has acquired the Sui ecosystem lending protocol Suilend, and Zabi will serve as Suilend CEO. Zabi plans to introduce institutional capital, RWA integration, deeper liquidity, and next-generation retail lending products into the Sui ecosystem, with several institutional partnerships already underway. Suilend will operate as an independent platform, maintaining its own brand, community, and product direction; Bluefin will continue to operate independently, and Zabi’s core focus on Bluefin remains unchanged.
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