Big Investors Admit Bitcoin Rally Signals Capital Fleeing an Overheated AI Trade

Bitcoin (BTC) just posted its strongest three-day rally since 2023, and two prominent investors now say the move reflects capital finally leaving an overheated artificial intelligence (AI) trade.  There has been much speculation about the role AI investing has played in Bitcoins own market. Now, with this rally, and concerns over an AI bubble, many are noting thw way the capital is rotating.  Big Names Now Confirm the Shift  Analysts have flagged this possible shift for months without confirming it was happening. Research firm K33 warned in June that Bitcoin was losing ground as institutions chased AI returns instead.  Sponsored  Sponsored  Investor Steve Eisman went further in July, saying he had sold his Google position to cut AI exposure, warning the entire market had become one crowded trade. Then, in late July, veteran macro investor Jordi Visser argued that AIs easy-money phase was ending and that Bitcoin stood to benefit next.  Bill Miller IV, chairman and chief investment officer at Miller Value Partners, is now making the same case with fresh conviction. His comments this week, paired with Vissers, mark two of the clearest signals yet from named, established investors that the rotation out of AI and into Bitcoin is actively underway, not just theorized.  He pointed to

08-25انڈسٹری

Binance launches 5 stock perpetuals with 20x leverage

Binance Futures launched five USDT-margined TradFi perpetual contracts on Aug. 25, giving eligible traders leveraged exposure to Trump Media, Moderna and three semiconductor-focused exchange-traded funds.  SummaryBinance launched five USDT margined perpetual contracts tied to U.S. stocks and leveraged exchange-traded funds.Contracts offer up to 20x leverage, round-the-clock trading and eight-hour funding settlements through Binance Futures.SKUU and SKDD track daily moves in SK Hynix, while RAM references leveraged DRAM exposure.DJT and MRNA perpetuals reference Trump Media and Moderna shares without granting stock ownership rights.Each contract uses USDT for settlement and requires a minimum notional trade worth five dollars.  The contracts began trading at five-minute intervals between 09:00 and 09:20 UTC. Binance listed SKUUUSDT, SKDDUSDT, RAMUSDT, DJTUSDT and MRNAUSDT with maximum leverage of 20x.  Binance adds five U.S. market-linked contracts  SKUUUSDT tracks the GraniteShares 2x Long SK Hynix Daily ETF, while SKDDUSDT references the issuers 2x Short SK Hynix Daily ETF. Both underlying funds trade on Nasdaq.  The long fund seeks twice the daily percentage change in SK Hynix‘s U.S.-listed depositary receipt. The short fund seeks twice the inverse daily return, according to GraniteShares’ product details.  You might also like:  Binance continues EU onboarding despite missing MiCA licensing deadline: report  RAMUSDT references the Roundhill T-REX 2X Long DRAM Daily Target ETF,

08-25انڈسٹری

Franklin Templeton brings tokenized US government fund to HashKey

Franklin Templeton has expanded access to its tokenized U.S. government money market fund in Asia through a new distribution partnership with Hong Kong-licensed HashKey Exchange.  SummaryFranklin Templeton has partnered with HashKey Exchange to distribute its tokenized U.S. government liquidity fund.The fund is available through HashKey Exchanges Earn channel to professional investors in Hong Kong.The product mainly invests in U.S. government money market instruments and U.S. dollar cash assets.Franklin Templeton and HashKey plan to explore additional tokenized products across multiple markets.  HashKey Holdings said on Aug. 24 that its licensed trading platform has added the Franklin OnChain U.S. Government Liquidity Fund, known as grBENJI, to the HashKey Exchange Earn channel, giving eligible digital asset investors access to the product through blockchain-based infrastructure.  The fund invests mainly in U.S. government money market instruments and U.S. dollar cash assets. Access in Hong Kong is restricted to professional investors, and the product cannot be offered to the general public, according to HashKey.  The arrangement gives Franklin Templeton another distribution channel for its tokenized investment products in Asia while adding an established asset manager‘s money market product to HashKey’s regulated investment platform.  Chetan Karkhanis, Franklin Templeton‘s senior vice president of digital assets client engagement, said the listing gives the firm

08-25انڈسٹری

Altseason is near, but is the crypto market ready for another 2021-like surge?

As the crypto market shows visible signs of recovery from its bearish slump, CryptoQuants on-chain and technical analyst, Darkfost, has shed light on the altcoin market.  The analyst highlighted how the altcoin market has suddenly shown several signs of shifts from a prolonged bearish phase into an early bullish phase.  Could mid and small-cap altcoins could drive the altseason?  According to the analyst, between 19th and 22nd August, the total market cap of altcoins excluding Bitcoin [BTC] and Ethereum, aka Total2, increased by about $215 billion. This marked a 24% hike in just three days, taking the market cap back above the $1 trillion-level.  Remarking on the same the analyst said,  Mid and small caps in particular rose the fastest  The on-chain metric 200-day moving average (DMA) further confirmed this sentiment, with the altcoins outpacing the indicator. Here, its worth pointing out that back in November, roughly 80%–85% of Binance-listed altcoins were trading below their 200-DMA.  Source: CryptoQuant  At the time of writing though, around 56% of those altcoins were trading above their 200-DMA. This implied that more than half are now once again showing bullish long-term price structures.  Such a major shift pushed DarkFost to ask a very genuine question…  Did Trump just kick off altseason?  The answer to this

08-25انڈسٹری

Term Finance kills Meta Vaults after governance process clears path for $8.5 million drain

On-chain fixed-rate lending protocol Term Finance said it permanently shut down its Meta Vaults after a governance exploit, ending new deposits while leaving withdrawals open.  Related Asset Ethereum #2 ETH · $2,497.37 24-hour change: up 1.69% 24H Up 1.69% 7D Up 31.46% 30D Up 32.66%  Term Labs said it also revoked the vaults DAO governance roles.  Blockchain security firm PeckShield separately estimated that the attacker removed about 2,843 ETH worth $6.87 million and 1.68 million USDC, which was swapped for roughly 1.68 million DAI.  Term has not confirmed the roughly $8.5 million total or published its own vault-by-vault accounting.  Related Company Peckshield Blockchain security company  How the exploit moved through governance  Terms governance documentation describes an opt-out system. Vault liquidity-provider token holders can veto queued parameter changes during a seven-day delay, and the change can become executable without a veto.  Related Asset USDC USDC · Stablecoin  Timeline showing how the Term Meta Vault drain unfolded, from governance changes to WETH and USDC transfers and the vaults shutdown.  A DeFiPrime reconstruction of the on-chain activity said an ETH Meta Vault proposal remained open for six days without a veto. Its first actions on execution set the delay cooldown to zero, removing the second waiting period before the transaction routed 2,841.7435 WETH

08-25انڈسٹری

Bitcoin Rally Takes Strategy From $9.5B Underwater to $4.7B Paper Profit in 7 Days

Strategys average Bitcoin purchase price remains above $75,000, keeping the position sensitive to further price moves.  Michael Saylors Strategy swung an unrealized loss of more than $9.5 billion to a paper profit above $4.7 billion in just seven days.  The reversal follows Bitcoin‘s climb from the low $60,000s to above $80,000 over the same week, turning the largest corporate BTC holder’s balance sheet from red to green.  The Numbers Behind the Swing  Strategys own dashboard puts its holdings at 840,477 BTC, bought at an average price of $75,385, a position that was down more than $9.5 billion a week earlier and is now up more than $4.7 billion.  The firm has kept building its cash position and has not bought or sold any Bitcoin over the stretch. However, it did sell 18.26 million shares of MSTR for $2.01 billion, with $1.59 billion moved into a second reserve, USD Cash, that Strategy says can be used for future Bitcoin purchases. Its regular USD reserve also grew to $5.1 billion.  It also repurchased $136 million of its STRC preferred shares, whose price keeps climbing toward its $100 par value ($97.21 at last check), with its last Bitcoin move being a sale on August 10, when it shed 1,690

08-25انڈسٹری

BitMart Shutdown Sparks Withdrawal Concerns: $3.7 Million in User Assets Reportedly Affected — WikiBit Launches CEX Risk Exposure & Complaint Channel

After BitMart announced its orderly shutdown on July 26, an increasing number of users have reported issues in recent days, including withdrawal difficulties, delayed withdrawals, abnormal account balances, and unresponsive customer support.  On July 30, affected BitMart users with significant asset exposure established a joint communication group and completed an initial registration process. According to the preliminary records, 27 users reported being unable to withdraw their funds normally, with total affected assets reaching approximately 3,704,214 USDT.  The largest reported individual asset amount reached 700,000 USDT, while several other users reported account balances ranging from 100,000 USDT to 600,000 USDT.  Screenshots from the original accounts of just seven users showed a combined balance of 1,692,203.67 USDT.  Screenshot of BitMart Users Unable to Withdraw Funds (Source: @MINGLIbtc)  Centralized exchanges (CEXs) play a critical role in custodying user assets, facilitating trades, and providing withdrawal services. However, over the past few years, the crypto industry has witnessed multiple exchange risk events. From the collapse of major exchanges to withdrawal difficulties faced by smaller platforms, ordinary users are often the ones who suffer the greatest impact in the end.  When such incidents continue to occur, how can users better protect their asset rights and interests?BitMart Shutdown: $3.7 Million in User Assets

08-25گہرا غوطہ

Gemini enables XRP transfers via XRPL in Singapore

Gemini enabled XRP deposits and withdrawals through the XRP Ledger for customers in Singapore on Aug. 25, expanding its local support beyond buying, selling and storing the token.  SummaryGemini users in Singapore can now deposit and withdraw XRP through the XRP Ledger network.The rollout adds blockchain transfers beyond trading and custody access already offered to Singapore customers.Gemini holds in-principle regulatory approval for a Major Payment Institution license application in Singapore.XRP joined Geminis derivatives cross-collateral pool alongside Bitcoin, Ether, Tether and Gemini Dollar during July.Gemini previously enabled RLUSD deposits and withdrawals over XRPL, expanding its Ripple-related product support further.  Gemini co-founder and CEO Tyler Winklevoss announced the rollout in an X post. Eligible users can now transfer XRP between Gemini accounts and external XRPL addresses instead of relying only on transactions within the exchange.  Big news for the Ripple Army in Asia. @Gemini users in Singapore ???????? can now deposit and withdraw XRP over the XRPL network.  — Tyler Winklevoss (@tyler) August 24, 2026  You might also like:  Gemini Titan to power crypto prediction markets for Apex brokerages  Gemini adds native XRP transfers in Singapore  The new functionality allows users to deposit XRP from self-custody wallets or other supported platforms. They can also withdraw tokens from Gemini directly to

08-25انڈسٹری

India to launch first tokenized corporate bonds using digital rupee

India has set plans to launch its first tokenized corporate bonds next month through an REC issue of less than 5 billion rupees ($57 million), with the digital rupee set to settle transactions on blockchain-based infrastructure.  Reuters reported on Aug. 25, citing three people with direct knowledge of the matter, that state-owned power financier REC will issue the bonds as part of a pilot being developed with the Reserve Bank of India and the Securities and Exchange Board of India.  The planned issuance will test whether distributed ledger technology can shorten the process of issuing, recording and settling corporate debt. Ownership and transaction records will be maintained digitally, allowing settlement to take place almost immediately once the required assets move between participants.  One person familiar with the plans told Reuters that the offering is expected to be unveiled during an annual financial technology event in Mumbai next month. Access will initially be restricted to a limited group of investors while regulators test the system.  “The offering would be made available to only a select group of investors at the pilot stage,” the person said.  Reuters could not determine which investors will participate. The RBI, SEBI and REC did not respond to requests for comment.  Tokenized corporate

08-25انڈسٹری

U.S. expands Iran crypto sanctions over $100M oil payments

The U.S. Treasury expanded sanctions to Iran‘s digital asset sector on Aug. 24, giving the Office of Foreign Assets Control broader authority to target foreign companies and individuals supporting the country’s cryptocurrency industry.  The measure accompanied sanctions against nearly 60 entities, individuals and vessels across Iran-linked nuclear, missile, cyber and oil networks. Treasury also accused UAE-based broker Ivan Obukhov of processing more than $100 million in cryptocurrency for oil sales linked to Irans Islamic Revolutionary Guard Corps-Quds Force.  Iran crypto sector becomes a sanctions target  The new OFAC determination places digital assets among five additional sectors covered under Executive Order 13902. The others are technology, gold, aviation and shipping.  OFAC can now sanction any person determined to operate in Iran‘s digital asset sector or provide services supporting it, regardless of where that person is located. The determination took effect on Aug. 24, according to OFAC’s official notice.  Treasury described cryptocurrency as an increasingly common tool for moving money outside conventional banking channels.  “The Iranian regime increasingly turns to cryptocurrency as a tool of choice for sanctions evasion,” Treasury alleged.  The determination does not automatically sanction every crypto company serving Iranian users. OFAC must identify and designate particular parties before blocking measures apply. However, participation in the sector

08-25انڈسٹری
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