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ENA's recent rally is at risk, as negative market signals, including a declining BoP and negative funding rates, suggest a possible drop to $0.48.
Share link:In this post: OpenAI went into early talks to discuss the secondary sale of shares to former and current employees, raising its valuation to $500B. The AI firm recently secured $8.3B at a $300B valuation for a second tranche of the $40B financing round led by SoftBank Group Corp. Sarah Friar, OpenAI’s CFO, said the money raised by her company brought it closer to a potential IPO.
Share link:In this post: The RBI plans to hold interest rates at 5.5% after cutting rates by 50 bps in June. The Monetary Policy Committee expects India’s inflation for 2025 to remain significantly below the RBI’s target of 4%. India faces trade tensions as Trump threatened to impose 25% levies and additional unspecified penalties starting August 7.
Share link:In this post: Ripple submitted feedback to the Senate’s crypto regulation proposal. The firm called for clearer boundaries between the SEC and CFTC. It also urged Congress to codify rules and avoid “regulation by enforcement.”
After rallying 37% in a week, PUMP is now eyeing a breakout above $0.00354. With whales and public figures still accumulating, another 15% gain could follow.
HBAR is struggling with fading momentum, marked by falling futures interest and weak spot market accumulation. This could push the token below $0.20 in the short term.
- 08:47Musk: Cautiously Optimistic About Achieving Full Reusability for Starship Next YearBlockBeats reports that on August 23, SpaceX CEO Elon Musk stated that building a fully reusable orbital rocket is one of the most challenging engineering problems humanity has ever faced—more difficult than landing on the moon—which is why it has yet to be solved. He expressed cautious optimism that Starship could achieve full reusability next year. Another key technology is orbital refueling, which is comparatively much simpler, and if all goes well, could also be realized next year. At that point, human consciousness and life could extend to other planets and even stars. (Jin10)
- 08:47Publicly Listed AMTD Group Plans to Include BTC, ETH, and USDT in Its Investment PortfolioAccording to ChainCatcher, as reported by PR Newswire, the publicly listed company AMTD Group plans to add cryptocurrencies to its $240 million liquid asset portfolio. The upcoming crypto asset portfolio will prioritize Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
- 08:36Data: A whale address triples down on XPL long positions, earning $1.946 million in unrealized profit in just one dayAccording to ChainCatcher, on August 23, on-chain analyst Ai Yi (@ai_9684xtpa) reported that address 0x006...2a78F has taken a 3x leveraged long position on XPL, with unrealized profits reaching $1.946 million in just one day. The current position holds 24,544,197 XPL (approximately $14.19 million), with an entry price of $0.5009 and a liquidation price of $0.1789.