Live updates: Bitcoin at $63,600 as Japan's Metaplanet moves 3,881 BTC between wallets

AI earnings lift stock futures as markets brace for July inflation data  US stock futures rose Wednesday as strong AI earnings lifted sentiment before todays inflation data.  CoreWeave surged 16% after hours on booming AI-compute demand and Super Micro rallied 7.6% on a revenue forecast that topped the highest estimates, pushing Nasdaq 100 futures up 0.3%. Koreas Kospi jumped 4%, with Samsung and SK Hynix both up about 6%.  The bigger event lands at 8:30am ET, when July CPI is expected to show headline inflation easing to 3.4% from 3.5%.  Its the first inflation read since the weak jobs report cut September rate-hike odds to about 36%, and a soft print would firm the case for the Fed to hold.

3 دن پہلےانڈسٹری

Metaplanet moves 3,881 BTC as paper loss nears $1.4B

Metaplanet moved 3,881 Bitcoin worth about $247.3 million from wallets tracked by onchain analysts on Aug. 12, drawing attention to the Japanese companys large corporate treasury as Bitcoin traded near $63,600.  SummaryLookonchain tracked 3,881 BTC leaving Metaplanet linked wallets, worth roughly $247 million during Wednesday transfers.Metaplanet officially reported 43,000 BTC holdings in July and has not announced any Bitcoin sale.The transferred amount equals about 9% of Metaplanets last officially disclosed 43,000 BTC treasury balance.Bitcoin traded near $63,600, leaving Metaplanets reported acquisition costs deeply underwater on a mark-to-market basis.Hut 8 separately transferred 493 BTC worth about $31 million during the same trading window.  Lookonchain first reported a 1,473 BTC transfer worth about $93.8 million, then said total outflows over roughly three hours had reached 3,881 BTC in a later post.  Metaplanet was not the only corporate Bitcoin holder moving funds. Lookonchain also reported that Hut 8 transferred 493 BTC worth about $31.36 million roughly three hours earlier. The analyst did not identify the purpose of Hut 8s transfer, and the company had not announced a related Bitcoin sale.  Neither transfer establishes that Bitcoin was sold. Metaplanet had not published a disclosure announcing a sale or explaining its wallet movements when checked Wednesday, while Hut 8

3 دن پہلےانڈسٹری

Erebor Bank nears $1.5B raise at $8B pre-money valuation

Crypto friendly Erebor Bank is nearing a roughly $1.5 billion funding round at an $8 billion pre-money valuation, according to people familiar with the discussions cited by the FT.  The talks come only six months after the Columbus, Ohio lender received final approval to open as a U.S. national bank. Erebor has not announced the financing and declined to comment to the newspaper, meaning the size, valuation and investor commitments remain subject to change.  Lux Capital, Human Capital, Valor Equity Partners, Andreessen Horowitz and SV Angel are expected to make commitments, while existing investors 8VC and Haun Ventures are also reportedly participating. The $8 billion figure is before the proposed new capital is added. If the full $1.5 billion closes on those terms, the resulting valuation would be about $9.5 billion.  Erebor Bank deposits have climbed above $4 billion  Regulatory figures give some support to the growth behind the fundraising talks. Erebors latest call report showed about $4.06 billion in deposits and roughly $4.66 billion in assets at the end of June, compared with around $1.1 billion in deposits at March 31.  The FT reported that deposits increased further to $4.6 billion by the end of July, citing a person familiar with the figures. That

3 دن پہلےانڈسٹری

Here's what bitcoin and ether traders are doing ahead of the binary U.S. CPI print

The demand for this bullish exposure suggests some investors expect the ongoing choppy price action in BTC to end with a decisive move toward $70,000. Perhaps, they expect the CPI to come in softer-than-expected, lifting risk assets higher.  Economists currently expect the July report to show headline CPI rising 0.1% month-over-month and 3.4% year-over-year. Core CPI, which strips out food and energy, is forecast to rise 0.2% month-over-month and 2.5% year-over-year, according to consensus estimates from Reuters, Dow Jones, and Bloomberg surveys.  Other traders are less focused on direction and more interested in a jump in volatility.  “We reiterate our recommendation to accumulate December optionality, leveraging depressed implied volatility across the curve ahead of several key catalysts, notably updates on bipartisan Clarity Act negotiations, shifts in Middle East geopolitical risks, and potential monetary policy pivots,” quant-driven trading firm TDX Strategies said.  “Structurally, we favour December strangles on BTC and SOL,” the firm added.  A strangle involves buying both a call and a put with the same expiration. The position profits if the price makes a large move in either direction. The maximum loss is limited to the combined premium paid and occurs only if the market stays relatively flat.  Volatility could expand quickly once bitcoin breaks

3 دن پہلےانڈسٹری

Korea Sheds $6.2 Billion in August as Asia Rotates Away From AI

Foreign investors pulled $6.2 billion out of South Korean stocks in August. Taiwan drew $1.7 billion, ending a six week selling streak, Bloomberg-compiled data shows.  The split points to a broader pattern. Money is rotating out of Koreas chip-heavy KOSPI toward markets seen as steadier bets on artificial intelligence (AI).  Sponsored  Sponsored  A Wider Asian Reshuffle  The Korea-Taiwan swing is part of a larger regional shift. Foreign investors sold a net $25.48 billion of Asian equities in July. It was the ninth straight month of net outflows.  Taiwan and South Korea alone lost more than the region‘s entire net outflow in July. Taiwan shed $22.95 billion that month, separate from August’s swing back to inflows. Korea shed $6.26 billion in July, a July total distinct from the $6.2 billion August outflow cited above.  Inflows into India, Thailand, Indonesia and the Philippines only partly offset those July losses.  While still up 17% in the past 6 months, the KOSPI has seen a clear spike and drop. Image Source: Trading View  Sponsored  Sponsored  Bloomberg-compiled data also shows analysts raised Taiwan‘s 12-month earnings estimates faster than Korea’s last month. It was the first time in nearly a year that Taiwans revision moved ahead.  “The unusually high swings in AI-related sectors are making global investors diversify.”  Herald

3 دن پہلےانڈسٹری

Harmony confirms exploit involving unauthorized minting of 4 billion ONE tokens

Quick TakeLayer 1 blockchain platform Harmony confirmed that it had been exploited.X user Juiceberg reported earlier that an attacker had minted 4 billion ONE tokens without authorization.Harmonys Horizon cross-chain bridge was exploited for nearly $100 million in 2022.  Layer 1 blockchain platform Harmony confirmed on Wednesday that it had been exploited, following a report of an unauthorized minting of its ONE cryptocurrency.  Earlier in the day, an X user named Juiceberg reported that an attacker had minted 4 billion ONE (ONE) tokens by using empty blocks. The token price subsequently plunged, while the totalSupply endpoint did not immediately reflect the increase in supply, according to the X user.  “The attacker has roughly 115M ONE left to sell onchain — about 2.9% of the ~4B they minted,” Juiceberg wrote. “The overwhelming majority (~97%) is already on exchanges and has either been sold or is sitting in deposit wallets ready to sell.”  ONE token is down 34% in the past 24 hours, trading at around $0.0008. This puts the stolen amount at a current value of roughly $3.2 million.  Harmony directly addressed Juicebergs post in its X statement, confirming the exploit and saying it is working with its team and relevant exchanges to stop and freeze the

3 دن پہلےانڈسٹری

Under the Deep Bear Market in Crypto: The Exchange Exodus Wave Is Here — Who Will Be Next? An In-Dep

The crypto market continued to cool down in 2026. Under the deep bear market, its not just retail investors getting wiped out — even crypto exchanges have started lining up to “meet their end.”  According to RootData statistics, more than 100 crypto projects have died in 2026, covering exchanges, Layer 1 blockchains, Layer 2 networks, and DeFi protocols. In just the past month, four well-known exchanges — AscendEX, EXMO, BitMEX, and BitMart — have successively shut down. However, this may only be the beginning.  2026 Crypto Dead Projects List(Source: RootData)  This wave of exchange collapses is different from what happened in 2022. Back then, it was an explosion: Luna went to zero within three days, FTX suffered a bank run, and Celsius froze withdrawals — the deaths happened almost instantly. In 2026, however, most platforms are dying from starvation. There are no major hacks, no mass withdrawals, and no law enforcement raids — the business simply stopped making money.  But “starving to death” is more frightening than “being blown up.” An explosion is a one-time event; if you avoid it, you survive. Starvation is a chronic illness. You have no idea which exchange‘s account balance is already too low to even pay next month’s

3 دن پہلےگہرا غوطہ

Nasdaq targets 24 hour trading with LeveL acquisition

Nasdaq agreed on Aug. 11 to acquire all equity interests in LeveL Markets LLC, adding one of the largest U.S. alternative trading systems to a broader strategy built around longer trading hours, tokenized securities and digital market infrastructure.  SummaryNasdaq agreed to acquire LeveL Markets, the third largest U.S. alternative trading system by volume.LeveL reaches more than 2,500 clients and trades across more than 7,000 symbols each day.Nasdaq created Digital Liquidity Networks to combine tokenization, liquidity platforms and digital asset technology capabilities.The SEC approved Nasdaq tokenized securities rules in March, then longer trading hours during April.LeveL will remain FINRA regulated and separately managed after closing, subject to required regulatory approvals.  Financial terms were not disclosed in the companys release.  The deal comes after two major U.S. regulatory approvals for Nasdaq this year. The SEC approved its tokenized securities rules in March and its plan for 23 hour weekday trading in April. Nasdaq now plans to launch the longer trading schedule on Dec. 6, while the newly created Digital Liquidity Networks unit will bring LeveL into the same organization as its digital asset and tokenization capabilities.  You might also like:  Plume joins DTCC group with Nasdaq and Schwab  LeveL gives Nasdaq a larger U.S. off exchange foothold  Nasdaq says

3 دن پہلےانڈسٹری

MoneyGram brings Solana cash ramps to 170+ markets

MoneyGram expanded its blockchain payments strategy on Aug. 11 by launching MoneyGram Ramps on Solana, giving wallets, exchanges and developers access to its cash network through one API.  The companys release says the integration supports cash deposits in more than 25 countries and cash withdrawals in more than 170 countries and territories.  Rift is the first Solana wallet to integrate the service. The launch builds on MoneyGrams June entry into Solana as a validator and participant in the Solana Developer Platform, extending the relationship from network infrastructure into customer facing payment access.  MoneyGram Ramps gives Solana cash access in 170+ markets  MoneyGram says developers can obtain API credentials, use a sandbox and integrate software development kits without building separate banking connections. Solana has embedded Ramps in the payments module of its Developer Platform, allowing apps to connect onchain activity with MoneyGrams physical cash network.  MoneyGram says its wider network serves more than 60 million active customers and includes nearly half a million retail locations. Solanas announcement lists international payouts, stablecoin payroll and aid distribution as possible applications. Those are proposed use cases, not announced customer deployments.  MoneyGrams corporate site says its broader network spans more than 200 countries and territories, with more than 480,000 retail locations

3 دن پہلےانڈسٹری

Crypto Spot Trading Volume Falls 21.7% in July, All 14 Exchanges Post Declines

A 21.7% month-over-month drop across every major exchange is rarely just noise. The July 2026 spot trading report from WuBlockchain puts combined volume at $429.0 billion across 14 platforms, down from $547.9 billion in June. Binance alone absorbed nearly half of that total, a reminder that liquidity concentrates fast when traders pull back.  Binance notched $196.5 billion in spot trades, grabbing a 45.8% share. OKX followed at $41.6 billion and Bybit at $36.3 billion. Together, the top three exchanges captured 64.0% of all spot volume. The concentration is stark, but the real story is in the declines. Every single exchange reported lower volumes. Uniswap held up best, shedding just 9.8%—an unusually mild retracement for a decentralized venue. Kraken‘s 13.4% slide and Gate’s 15.9% drop suggest that fiat on-ramps and Asia-facing platforms weathered the slowdown better than rivals focused on altcoin margin. At the other end, Bitfinex cratered 59.7%, Coinbase dropped 26.4%, and Bybit fell 24.5%. That dispersion points to shifting trader loyalties and thinning liquidity in specific market pockets.  Liquidity Concentration Hits a New Extreme  When Binance holds a near-46% share in a month where everyone else is shrinking, the structural imbalance can feed on itself. Depth migrates to where the orders already

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