Crypto Industry News & Market Trends

CME Group adds ENA reference rates across three regions

CME Group has added three regional U.S. dollar reference rates and real-time indices for Ethenas ENA token, with daily publication beginning Aug. 24.　　CME Group adds ENA rates for three market closes　　CME Group said it had added Ethena (ENA) to its single-asset cryptocurrency benchmark suite, extending standardized U.S. dollar pricing to the token across three major trading regions.　　Our suite of Single-Asset Crypto Benchmarks now includes Ethena (ENA).　　Access real-time pricing and regional reference rates across London, New York and APAC. https://t.co/t4YA984qRV pic.twitter.com/6y3tPyIgVu　　— CME Group (@CMEGroup) August 24, 2026　　CF Benchmarks, the benchmark administrator that manages CMEs cryptocurrency indices, will calculate and publish the new products. The lineup contains daily reference rates that provide a fixed valuation point, along with real-time indices that update during the trading day.　　Under the regional format, the CME CF Ethena-Dollar Reference Rate tracks the London close under the ENAUSD RR identifier. ENAUSD NY provides a New York closing rate, while ENAUSD AP covers the end of the APAC trading day.　　Each rate is published at 4 p.m. in its respective region. By using three local closing times, the suite lets firms select a valuation point that corresponds with their working day instead of applying one global cutoff to a market

08-25Industry

Crypto News: Phantom and Sui Split as Wallet Support Ends Sept. 24

Key Insights:Crypto news: Phantom tweeted that it will end Sui wallet support on Sept. 24, removing swaps and transactions.Sui assets will remain onchain and accessible through other compatible wallets.Phantom waives fees for native SUI-to-wrapped SUI swaps until the transition.　　Crypto news centers on Phantom and Sui after both sides agreed to end wallet support on September 24, 2026. After that date, Phantom users cannot view, send, swap, or interact with Sui assets inside the wallet.　　However, those assets will remain on the Sui blockchain and stay accessible through compatible wallets using the same credentials. Phantom has given users two routes before the transition, either converting assets or moving their wallet elsewhere.　　Crypto News: Phantom Sets Sept. 24 Sui Transition　　Phantom has tweeted that it will remove Sui balances from its interface and take the network off its supported network list. The wallet will also stop supporting Sui transactions, swaps, and connections to decentralized applications after the transition.　　Existing Phantom connections to Sui applications will no longer function once the wallet ends support. Users moving to another compatible wallet must reconnect those applications through their replacement wallet.　　Discover more　　exchange-traded funds　　Distributed & Cloud Computing　　Currencies & Foreign Exchange　　Crypto news – the split of Sui and Phantom | Source: X　　The

08-25Industry

Strive Stock Soars After 1,110 Bitcoin Buy

Strive, Inc. bought 1,110 bitcoin last week, the Dallas-based companys largest single-week purchase in months, lifting its treasury to 21,356 coins, according to Monday filing.　　The companys stock (Nasdaq: ASST) soared following the news, with shares trading over 7% higher on Monday. Strive is an asset manager which rebranded in 2025 as the first publicly traded asset-management bitcoin treasury company. In January 2026, Strive completed the acquisition of Semler Scientific in an all-stock deal — the first instance of a publicly traded Bitcoin treasury company acquiring another publicly traded Bitcoin treasury company.　　An 8-K filing with the Securities and Exchange Commission revealed Strive made the buys from August 17 through August 21 at an average price of about $73,409 per bitcoin, including fees and expenses, for a total near $81.5 million.　　The buy raised Strives holdings roughly 5.5% from the 20,246 coins it reported in mid-August, and it lands at prices well above the low-$60,000 range the firm paid through most of the summer.　　Strive funded the purchase with proceeds from at-the-market offerings of its ASST and SATA shares. Cash and cash equivalents stood at $171.9 million, up from the $154.1 million the company reported in July.　　A faster pace as prices climb　　Monday‘s filing marks

08-25Industry

Term Finance Loses $8.5M In Governance Exploit

Ethereum lending platform Term Finance has lost an estimated $8.5 million after an attacker seemingly acquired enough governance voting power to take control of some of its lending vaults, CoinDesk reported.　　How the exploit unfolded　　The attacker removed roughly 2,843 ether, worth about $6.9 million at the time, and 1.68 million USDC, draining around 68% of the assets held in Term‘s Meta Vaults. The vaults held about $12.45 million before the attack, according to DefiLlama data, and nearly all of the ether deposited in the product was taken. The Meta Vaults sat on top of Term’s broader lending platform, which the company said was not affected by the incident.　　A governance weak point　　The unusual element is how access was gained. Onchain monitoring service Defimon said the attacker cheaply acquired a majority of the project‘s sparsely held governance token, then allegedly used that voting power to pass proposals giving it control of the vaults. Term has not confirmed how majority control was obtained or exactly which governance functions were used. The incident sits in a grey area: while the transactions were valid under the protocol’s code, authorities could still treat the conduct as an exploit or misappropriation rather than ordinary governance.　　Discover more　　Merchant Services &

08-25Industry

Nvidia's Perplexity talks add another customer to its circular financing problem

Nvidia has started discussions to invest in Perplexitys next funding round at a valuation of over $30 billion, according to a report from The Information.　　The deal would boost the valuation of the AI search startup by more than 50% in a year. It would also provide another Nvidia-backed customer with fresh capital.　　The talks surfaced on Sunday, sourced to people familiar with the discussions.　　Perplexity revenue triples while its valuation climbs past $30B　　The proposed round would value Perplexity at more than $30 billion, up from its $20 billion valuation last September. That is an increase of more than 50% in about a year.　　Discover more　　Brokerages & Day Trading　　NEWS　　exchange-traded funds　　Nvidia is pondering whether to join. Both Nvidia and Perplexity declined to comment or did not respond to requests for comment.　　Perplexity‘s investors include Amazon founder Jeff Bezos and Japan’s SoftBank Group.　　The companys annualized revenue has grown to over $750 million from less than $250 million at the beginning of the year, tripling in about eight months.　　Perplexity Computer sells to professionals to automate tasks on their machines. The growing demand for AI search and autonomous agents is feeding investors appetite.　　Perplexity is aiming to go public in 2028, a timeline CEO Aravind Srinivas detailed in a June

08-25Industry

NVIDIA Groq 3 LPX Achieves Full Production for Agentic AI

Caroline Bishop　　Aug 24, 2026 16:01　　NVIDIAs Groq 3 LPX and Vera Rubin NVL72 enhance AI inference with faster token generation and lower costs, reshaping agentic AI infrastructure.　　NVIDIA announced on August 24 that its Groq 3 LPX inference accelerator is now in full production, marking a significant step in supporting the next generation of agentic AI systems. Groq 3 LPX, designed to complement NVIDIAs Vera Rubin NVL72 AI platform, delivers industry-leading token generation speeds—crucial for applications requiring real-time responsiveness.　　In a benchmark test using Gemma 4 31B, an open-source agentic AI model, Groq 3 LPX produced 3,400 output tokens per second for long-context use cases, a fourfold improvement over competing platforms. This performance positions NVIDIA to address the growing demand for faster AI inference as the industry shifts from model training to large-scale reasoning and multi-agent systems.　　AI Factories Demand Infrastructure Evolution　　Agentic AI systems are reshaping the AI market by requiring extensive context windows, high token throughput, and low latency for real-time decision-making. NVIDIAs Vera Rubin NVL72 platform integrates CPUs, GPUs, and NVLink networking into a unified system, offering a scalable solution for these workloads. By enabling lower token costs and higher efficiency, the platform is designed to meet the needs of hyperscale AI

08-25Industry

Health Insurer Stocks Are Soaring As Companies Get A Handle On Costs

In this photo, traders work under monitors displaying CVS Health Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Oct. 27, 2017. CVS is the parent of Aetna, the nations third largest health insurance company. Photographer: Michael Nagle/Bloomberg　　© 2017 Bloomberg Finance LP　　Following a parade of health insurance company earnings reports this summer, stocks are rising and costs appear to be under control for now.　　Take UnitedHealth Group, parent of the nation‘s largest health insurer in UnitedHealthcare, reported more than $5 billion in second quarter net income. That came during a period this year when UnitedHealthcare’s medical care ratio continued to fall.　　“The second quarter 2026 medical care ratio was 86.7% compared to 89.4% in the second quarter 2025,” the company said of the ratio, which is the percentage of premium revenue that goes toward medical costs. “The year-over-year decrease was driven by benefit design and pricing discipline, member mix and medical cost management initiatives.”　　The price of UnitedHealth shares have been flirting with $400 this week, which is up more than 30% compared to a year ago. The price of shares of CVS Health, too, which owns the giant health insurer Aetna, are up

08-25Industry

Strive Bitcoin Treasury Reaches 21,356 BTC After New Purchase

TLDR:The Strive Bitcoin treasury reached 21,356 BTC after the company bought 1,110 coins for $81.5 million at an average $73,409.Cash increased to $171.9 million during the purchase week, showing Strive continued raising capital while expanding its Bitcoin balance.Class A shares rose by 3.65 million, making Bitcoin growth per diluted share the key measure for assessing treasury execution.Bitcoin reclaimed the 1,130-day moving average above $74,000, although continued support and spot demand remain necessary for confirmation.　　Strive expanded its Bitcoin position after buying 1,110 BTC for about $81.5 million between August 17 and August 21. The Strive Bitcoin treasury now holds 21,356 BTC, up from 20,246 BTC one week earlier. The company paid an average $73,409 per coin, including fees and expenses, its latest SEC filing shows.　　Meanwhile, Bitcoin traded near $79,400 on Monday after approaching $80,000, according to Coingecko data. That price placed the new coins above their reported acquisition cost. The purchase arrived after Bitcoin reclaimed a watched long-term moving average.　　Bitcoin (BTC) PriceStrive Bitcoin Treasury Expands With 1,110 BTC Purchase　　Strive funded the latest acquisition while its cash balance increased. Cash and equivalents rose from $154.8 million on August 14 to $171.9 million on August 21. The change suggests capital raising outpaced spending

08-25Industry

PLTR Price Prediction: AI Revenue Monster Hits a Wall at $182 — Breakout or Bull Trap？

Rebeca Moen　　Aug 24, 2026 10:44　　PLTR is trading at $178.96 on Binance with momentum stalling dead center beneath $180.74 resistance; a clean break above $182.53 opens a run toward $190–$195, but with 67% of both retail and smart …　　PLTRs Technical Reality Check　　The chart is telling a story that the bulls dont want to hear right now. PLTR is trading at $178.96, sitting roughly $1.10 above its pivot point of $179.65 — which means its barely clinging to neutral territory. The moving average stack is structurally bullish, no question: price is running well above its 7-day, 20-day, and 50-day SMAs ($177.23, $173.23, and $147.16 respectively), a configuration that screams sustained accumulation over the prior months. The 30-point premium over the 50-day SMA alone is a testament to how aggressively this name has repriced in 2026.　　But zoom in to the near-term, and the tape is flashing yellow. Momentum has gone flat — the MACD and its signal line have converged to near-identical readings with a histogram printing at zero. That‘s not a bullish signal; that’s a market holding its breath. The RSI at 67.80 keeps PLTR out of the overbought danger zone for now, but it‘s close enough to 70 that any fresh

08-25Industry

Bitmine (BMNR) Stock: Surge 8% as Ethereum Holdings Hit 5.85 Million After Buying 32,447 ETH

TLDRBMNR jumps 8% as Bitmine raises Ethereum holdings to 5.85 million after latest buyBitmine adds 32,447 ETH and moves closer to controlling 5% of Ethereum supplyBitmine stakes over 5 million ETH as its expanding treasury strategy gains scaleEthereum‘s 30% weekly surge boosts the value of Bitmine’s massive crypto treasuryBitmine keeps its lead as the largest public Ethereum treasury after another buy　　Bitmine Immersion Technologies (BMNR) shares rose 8.26% to $24.72 after the company reported another major expansion of its Ethereum treasury. The company added 32,447 ETH last week and lifted total Ethereum holdings to 5,847,611 tokens. The latest purchase moved Bitmine closer to its target of controlling 5% of Ethereums circulating supply.　　Bitmine Immersion Technologies, Inc., BMNR　　Bitmine valued its crypto assets, cash, marketable securities, and strategic holdings at about $14.9 billion on August 23. Its portfolio also included 210 Bitcoin, $308 million in cash and marketable securities, and two strategic equity positions. Those positions included a $180 million stake in Beast Industries and an $89 million investment in Eightco Holdings.　　Discover more　　exchange-traded funds　　News　　Finance　　The company currently controls about 4.8% of Ethereums estimated 120.7 million token supply. Reaching the 5% threshold would require about 6.04 million ETH at the current supply level. Therefore, Bitmine remains

08-25Industry

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