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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
Flash
  • 23:13
    USDC Treasury mints 250 million USDC
    According to Jinse Finance, monitored by Whale Alert, at 03:56 (UTC+8) today, USDC Treasury minted 250,000,000 USDC.
  • 22:32
    Alibaba launches more efficient Qwen3-Next AI model
    Jinse Finance reported that Alibaba's Tongyi Qianwen has released the next-generation foundational model architecture, Qwen3-Next, and open-sourced the Qwen3-Next-80B-A3B series models based on this architecture. Compared to the MoE model structure of Qwen3, this architecture features the following core improvements: hybrid attention mechanism, high-sparsity MoE structure, a series of training-stable optimizations, and a multi-token prediction mechanism that enhances inference efficiency. Based on the Qwen3-Next model structure, Alibaba has trained the Qwen3-Next-80B-A3B-Base model, which has 80 billion parameters but only activates 3 billion parameters. This Base model achieves performance comparable to or slightly better than the Qwen3-32B dense model, while its training cost (GPU hours) is less than one-tenth of Qwen3-32B, and its inference throughput for contexts above 32k is more than ten times that of Qwen3-32B, achieving exceptional cost-effectiveness in both training and inference.
  • 22:24
    BlackRock plans to tokenize its funds that hold real-world assets and stocks
    According to ChainCatcher, after the success of the bitcoin ETF, BlackRock plans to tokenize its funds that hold real-world assets and stocks, and put them on the blockchain.
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