Author: John Smith

Arthur Hayes has proposed allocating roughly 20% of Flop Network’s FLOP token supply to testnet participants over 10 years as part of a self-funded decentralized computing network for artificial intelligence agents. Summary Testnet participants could receive roughly 20% of the FLOP supply over 10 years. Miners would earn block rewards and fees for processing AI inference requests. Hayes said he funded the development team without a presale. Flop Network would price computing work using floating-point operations rather than model-specific tokens. Arthur Hayes said in an Aug. 19 Substack article that Flop Network would connect AI agents seeking computing power with…

Bitcoin has triggered eight of VanEck’s 12 capitulation signals after falling 49% from its peak, although the firm’s historical data has shown no return advantage within six months. Summary Eight of VanEck’s 12 capitulation indicators remain active, while all 12 fired during the past three months. Bitcoin averaged 12.8% returns after 90 days when eight to 12 signals were active. VanEck placed the next possible accumulation period between September and November. U.S. spot Bitcoin products received $663 million after losing about $2.4 billion the previous month. VanEck said in its mid-August Bitcoin ChainCheck that the active signals place Bitcoin in…

Geo founder Yaniv Tal has identified four weaknesses in online information that he says make AI answers unreliable: lost provenance, flattened authority, hidden disagreement, and repeated model-generated errors. Summary Geo separates claims, sources, and supporting evidence inside community-governed knowledge Spaces. Tal says human judgment can help rank credible reasoning without removing competing views. A Nature study found that repeated training on synthetic material can cause model collapse. NIST recommends tracking training sources and incorporating expert human feedback into AI systems. Geo founder Yaniv Tal told crypto.news that unreliable AI answers often begin with the material models receive, arguing that the…

Bitcoin price surged past $68,000 late Wednesday as a break above crowded liquidation levels forced short sellers to buy back positions, turning a gradual recovery into a one-minute price spike of roughly 4%. Summary Bitcoin price jumped from below $65,000 to a high near $69,500 before settling around $68,500. More than $1 billion in crypto shorts were reportedly liquidated within one hour. The breakout cleared a 4-hour double-bottom neckline near $65,400. Bitcoin now faces daily resistance between $69,000 and $70,000 after its RSI entered overbought territory. Market analyst Daan Crypto Trades said in an Aug. 19 X post that Bitcoin…

Mantle price rebounded more than 6% on Aug. 19 as MNT tested a key resistance level near $0.46, while liquidation data pointed to a larger pool of leveraged positions above the market. Summary Mantle price rose 6.6% to approximately $0.455 during the latest daily session. The token is testing Fibonacci resistance at $0.4575 after rebounding from $0.39. Liquidation liquidity is concentrated between $0.46 and $0.49, creating a possible short-squeeze zone. Mantle hosted 155 tokenized equities and more than $1 billion in DeFi TVL by June. Mantle price approaches a breakout level According to data from crypto.news, Mantle (MNT) price traded…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cloud mining is gaining attention as a lower-barrier alternative to traditional cryptocurrency mining, with FT Mining highlighting remote computing and managed operations. Summary Cloud mining lets users rent computing power remotely, avoiding hardware costs while earning automated returns each day. FT Mining offers cloud mining with clean-energy data centers, flexible plans, multi-currency support and referral rewards. Its cloud mining platform offers simple contracts, daily earnings, security and worldwide infrastructure. In today’s fast-paced and volatile cryptocurrency market, an increasing number…

Strive director Pierre Rochard has purchased 15,900 ASST shares worth $199,386 as the Bitcoin treasury company’s preferred stock has returned close to its $100 par value. Summary Rochard bought 15,900 ASST shares at an average price of $12.54 on Aug. 14. The open-market purchase was his first reported direct holding of Strive common stock. ASST rose in Wednesday trading after closing 3.03% lower at $12.80 on Tuesday. Strive recently bought 79 BTC for $5 million, lifting its holdings to 20,246 BTC. Rochard has made his first reported ASST purchase The SEC Form 4 filing, submitted on Aug. 18, showed that…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. WasabiCard is positioning its global card issuing infrastructure as a solution for businesses managing cross-border payments, distributed teams, and global operations. Summary WasabiCard provides global card issuing infrastructure across 200+ countries, supporting payroll, payouts, expenses, B2C programs, media buying, and AI agent payments. With 70+ BINs, unified API integration, mobile wallets, and integrated KYC, KYB, KYT, and AML controls, WasabiCard helps businesses scale global payments. WasabiCard combines dedicated BIN resources, 200+ risk-control rules, transaction monitoring, and enterprise security to…

SpaceX is trading below its $135 IPO price. Marathon Digital is down 34% year to date. Coinbase has outperformed both. The math on which tech bet delivers risk adjusted returns has not been done until now. Summary SpaceX stock (SPCX) trades at approximately $131 as of mid August, 3% below its $135 IPO price from June 2026, after peaking at $225.64 and declining 48% from that high, giving early investors a negative return two months into the listing. Coinbase (COIN) has returned roughly 18% year to date through August 2026, outperforming SpaceX, Marathon Digital, Riot Platforms, and every other publicly…

BitGo Europe and German stablecoin issuer AllUnity announced on Aug. 17 that they had formed a partnership covering three regulated, fiat-backed stablecoins. Summary BitGo Europe became a first buyer and institutional liquidity partner for three AllUnity stablecoins tokens. Eligible institutional clients can access EURAU, CHFAU and SEKAU through BitGo Europe’s regulated platform directly. BitGo Europe receives direct minting and redemption access through AllUnity’s Business Mint Account infrastructure service. AllUnity issues the tokens as MiCA e-money tokens backed one-to-one by corresponding fiat currency reserves. Retail customers are excluded because AllUnity’s services and communication remain directed exclusively toward business clients. The agreement…