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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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15:03

Analysis: US Dollar Index nears breakout at upper range, BTC under pressure or may continue its negative correlation trend with DXY

According to ChainCatcher, Bitcoin, which is regarded as the "counterpart" of the US Dollar Index (DXY), is under continued pressure as the market is watching the DXY approach the upper end of a 13-month consolidation range. Data shows that Bitcoin has weakened for a third consecutive trading day, with the price hovering around $63,900. The overall crypto market is also generally under pressure. Meanwhile, DXY rose by 0.26% to 100.66, extending the previous trading day's 0.8% increase and is nearing the edge of a crucial range breakout. Analysts point out that if this structural breakout is confirmed, it will typically trigger trend-following funds to further push the US dollar upward. Historical data indicates a clear negative correlation between Bitcoin and the US Dollar Index; a stronger dollar tends to put pressure on US dollar-denominated risk assets. The market believes that the Federal Reserve's hawkish tone has reinforced the support for the dollar and may further drive funds toward safe-haven and dollar assets.

15:00

If Bitcoin breaks $64,000, the mainstream CEX's total short liquidation volume will reach $786 million.

BlockBeats News, June 19th, according to Coinglass data, if Bitcoin breaks above $64,000, the cumulative short liquidation intensity on mainstream CEXs will reach $7.86 billion. Conversely, if Bitcoin falls below $62,000, the cumulative long liquidation intensity on mainstream CEXs will reach $6.55 billion. BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent clusters, i.e., intensity. Therefore, the liquidation chart illustrates to what extent reaching a certain price level will have an impact. Higher "liquidation bars" indicate that the price reaching that level will generate a stronger response due to a liquidity cascade.

14:57

Analysis: U.S. chip production capacity may shift to consumer electronics and defense, which could indirectly reduce the supply capacity for crypto mining machines

Odaily reported that KobeissiLetter's analysis pointed out that Intel's stock price rose by about 9% in a single day after Trump announced that chips would be jointly designed and manufactured domestically in the United States. This development constitutes a policy-level benefit for the entire semiconductor industry, and the market anticipates that investments in domestic wafer manufacturing and advanced processes in the US will continue to receive support. However, for the crypto market, if US chip production capacity shifts more toward consumer electronics and defense-related orders, it could indirectly reduce ASIC mining rig supply, potentially impacting the mining hardware cycle. Therefore, Intel's production capacity trends are viewed as a “substantive signal for reassessment” for Bitcoin and the crypto mining market.

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Ki Young Ju warns Saylor can’t stop Bitcoin’s biggest risk

Analysis: US Dollar Index nears breakout at upper range, BTC under pressure or may continue its negative correlation trend with DXY

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