Over the past week, the crypto economy has been on the rise, with the artificial intelligence (AI) sector of crypto assets climbing 6% and crossing into the $32 billion range. AI Crypto Market Powers Through Hot Streak AI-linked digital tokens, which marry blockchain with AI technology, also posted a 4.94% daily lift. These coins often […] Source CryptoX Portal
Day: August 8, 2025
Bitcoin Bull Run At Risk? Binance Whale-To-Exchange Flow Signals Price Correction
After failing to decisively break above the $120,000 level in mid-July, Bitcoin (BTC) could face further price corrections as whales continue to increase BTC inflows to the Binance crypto exchange. Is Bitcoin Losing Its Bullish Momentum? According to a recent CryptoQuant Quicktake post by contributor Arab Chain, fresh data from the Binance Whale-to-Exchange Flow indicator suggests that BTC may soon experience additional downside pressure. Related Reading The analyst noted that despite growing retail participation in the BTC market, persistently high whale inflows into Binance – combined with a declining Bitcoin…
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Crypto VC Says Decentralized AI Will Have Its ‘2008 Moment’ Like Bitcoin
Key Notes Electric Capital co-founder predicts a catalyst event for decentralized AI similar to Bitcoin’s 2008 financial crisis moment. Dragonfly’s managing partner argues that data volume is worthless for advanced AI models, emphasizing quality over quantity instead. Decentralized AI systems will always be inferior to centralized ones but must offer unique value like censorship resistance. Franklin Bi, Haseeb Qureshi, and Avichal Garg—three well-known crypto venture capitalists—attended the 3rd Annual Summit on Decentralization and AI 2025 hosted by the Berkeley Center of Responsible Decentralized Intelligence as panelists, bringing valuable insights to…
SEC’s Pro-Crypto Shift Signals Bullish Future for Digital Assets
The US Securities and Exchange Commission’s (SEC) historic shift in favor of digital assets is emerging as one of the most significant developments of the current Trump administration. Yet, investors may not fully grasp what it means for crypto adoption and its integration into the core of American financial services. That’s one of the key takeaways from recent remarks by Bitwise CIO Matt Hougan, who believes markets are underestimating the regulatory tailwinds now forming in the world’s largest economy. Project Crypto, the SEC’s initiative to modernize its approach to digital…
Analyst Outlines How Production Cost Determines XRP Price, But Is It Better Than Bitcoin?
A fresh debate in the crypto space has emerged over whether the cost of production significantly impacts the XRP price and the value of Bitcoin (BTC). Market expert CrediBULL Crypto has outlined how these costs influence XRP’s value compared to Bitcoin, concluding that both cryptocurrencies follow the same pricing formula. XRP Price Formula Mirrors That Of Bitcoin A recent discourse on X social media has reignited discussions on whether production costs play a decisive role in determining the prices of cryptocurrencies. CrediBULL Crypto weighed in, explaining that both Bitcoin and…
Pink Shiba Inu Hat Associated With Dogwifhat Sells For $799K at Auction
Key Notes BAGS platform founder purchased the authenticated dogwifhat memorabilia for 6.8 Bitcoin after intense bidding competition. Both WIF and SHIB meme coins experienced 5% price surges following the high-profile auction’s conclusion on August 7th. Trading volumes jumped significantly with SHIB up 39% and WIF up 23% as viral moments continue driving market momentum. A pink knit cap associated with the dogwifhat WIF $0.97 24h volatility: 4.9% Market cap: $971.28 M Vol. 24h: $296.21 M meme coin was sold in an online auction hosted by OrdCity on August 7, with…
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Bitcoin’s Hashrate Roars to 976 EH/S — Just a Hair From 1 ZH/s Glory
On Friday afternoon, after powering up to 970 exahash per second (EH/s) the day prior, Bitcoin’s computational force cranked even further, hitting 976 EH/s—just 24 EH/s shy of the colossal 1 zettahash per second (ZH/s) threshold. Bitcoin’s Mining Might Continues to Flex The hashrate kept pushing upward and, a mere ten blocks before the network’s […] Original
SharpLink Bets Big On Ethereum: $200M Raised To Deepen ETH Exposure
SharpLink Gaming has announced a $200 million capital raise aimed at expanding its Ethereum treasury. As ETH solidifies its role as programmable money and a yield-bearing asset through staking, SharpLink is betting big on its long-term potential. The raise positions the company among a rising class of corporates reshaping capital strategy around blockchain-native assets. Why SharpLink Is Going All-In On Ethereum In an X post, SharpLink Gaming shared an update stating that the company has secured $200 million capital raise through a direct offering priced at $19.50 per share, and…