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Bitcoin News Today: Trump-Backed Merger Fuels 231% Gryphon Surge as Bitcoin Push Gains Momentum
Bitcoin News Today: Trump-Backed Merger Fuels 231% Gryphon Surge as Bitcoin Push Gains Momentum

- Gryphon Digital Mining’s shares surged 231% since May amid its pending merger with American Bitcoin, a Trump-backed crypto miner, set to trade as ABTC on Nasdaq by September. - The all-stock deal sees Hut 8, American Bitcoin, and their team holding 98% of the new entity, with Winklevoss brothers as anchor investors, aiming to create the world’s largest pure-play bitcoin miner. - Strategic advantages include leveraging existing relationships for financing, with Hut 8 expanding U.S. data centers (1.53 GW)

ainvest·2025/08/29 03:12
Bitcoin News Today: Government Picks Pyth to Power Trust in Digital Data Future
Bitcoin News Today: Government Picks Pyth to Power Trust in Digital Data Future

- Bitcoin fell 0.18% on August 29 amid market volatility, while Pyth Network’s PYTH token surged 99.01% due to growing institutional interest in onchain data infrastructure. - The U.S. Department of Commerce partnered with Pyth Network to verify and distribute economic data onchain, enhancing transparency for decentralized finance and public data systems. - Bitcoin’s market dominance at 53.75% contrasted with Ethereum’s strong performance, as investor flows shifted toward Ethereum-based innovations and DeF

ainvest·2025/08/29 03:12
Paraguay Bets on Tokenized Equity via Polkadot
Paraguay Bets on Tokenized Equity via Polkadot

Paraguay invests $6M using tokenized equity on Polkadot to build a tech hub with a hotel, university, and data center.Inside the Assuncion Innovation ValleyPolkadot’s Role in Real-World Asset Tokenization

Coinomedia·2025/08/29 03:10
Mixed Crypto Signals: AAVE & SHIB Slow Down While BlockDAG Accelerates Past $386M As it Races Towards $600M
Mixed Crypto Signals: AAVE & SHIB Slow Down While BlockDAG Accelerates Past $386M As it Races Towards $600M

Explore the latest AAVE price movement and Shiba Inu (SHIB) trading volume as BlockDAG’s presale crosses $386M, aiming for $1 and securing its status as the top crypto to buyAAVE Price Movement Holds Near $329Shiba Inu Trading Volume Jumps 109% as Price DeclinesWhy BlockDAG’s Timing Could Be the Key to Long-Term GainsConclusion: The Top Crypto to Buy May Already Be Decided

Coinomedia·2025/08/29 03:10
Tether Mints $1B USDT Amid Market Buzz
Tether Mints $1B USDT Amid Market Buzz

Tether mints $1 billion USDT, sparking speculation of a market move.Major Minting: What’s Behind the $1B USDT?Liquidity Injection or Market Signal?Should You Be Watching the Charts?

Coinomedia·2025/08/29 03:10
Bitcoin Hash Ribbon Signals Flash in Rare Pattern
Bitcoin Hash Ribbon Signals Flash in Rare Pattern

Three Bitcoin Hash Ribbon buy signals appear closer than ever — a rare bullish sign.A Rare Pattern Hidden in the Hash RibbonsThree Bullish Signals — One Tight WindowWhy You Shouldn’t Ignore This Signal

Coinomedia·2025/08/29 03:10
Ethereum ETFs See $309M Inflow Surge in One Day
Ethereum ETFs See $309M Inflow Surge in One Day

Ethereum spot ETFs gained $309M in inflows on August 27, boosting total assets to $30.17B.Ethereum Spot ETFs Attract Massive InflowsWhat’s Fueling the Ethereum ETF Boom?Institutional Interest Keeps Growing

Coinomedia·2025/08/29 03:10
Flash
17:15
A new wallet purchased 113,000 HYPE and will continue to accumulate approximately $2 million worth of HYPE.
On December 18, a newly created wallet address minted 12.1 million USDC on Arbitrum, then deposited 5.1 million USDC into Hyperliquid, and purchased 113,000 HYPE (approximately 3 million USD) as well as 0.5 BTC (about 43,000 USD). This wallet is continuing to buy around 2 million USD worth of HYPE over the next 50 minutes using a TWAP strategy, with approximately 7 million USDC still remaining on the Arbitrum network.
17:14
Vitalik: Improving protocol understandability is a key direction for trustlessness.
Ethereum co-founder Vitalik Buterin stated that an important but long underestimated form of "trustlessness" is to enable as many people as possible to truly understand how the entire protocol operates from start to finish. If only a few people have a complete understanding, the system still inherently carries the risk of centralized trust. Vitalik pointed out that Ethereum still has room for improvement in this regard and in the future needs to enhance overall comprehensibility by simplifying protocol design and reducing system complexity. This will not only help expand the group of people who can participate in and audit the protocol but also enhance the transparency, security, and long-term resilience of the Ethereum ecosystem.
17:12
A new address is accumulating 113,000 HYPE, intending to continually accumulate approximately $2 million worth of HYPE using a TWAP strategy.
BlockBeats News, December 18th, according to MLM Monitor, a newly created wallet address minted $12.1 million USDC on Arbitrum, then deposited $5.1 million into Hyperliquid, and purchased 113,000 HYPE tokens (approximately $3 million) and 0.5 BTC (approximately $43,000). Currently, the wallet is executing a TWAP strategy to continue buying approximately $2 million worth of HYPE in the next 50 minutes, while still holding around $7 million USDC on the Arbitrum network.
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