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Author: James Wilson
The Commodity Futures Trading Commission requested public comment on August 19 about how U.S. exchanges should list and oversee derivatives tied to artificial intelligence computing capacity. Summary The CFTC requested public comments on compute derivatives, market oversight, manipulation risks and customer safeguards. The deadline will fall 60 days after publication in the Federal Register, which remains pending. CME plans two October 5 futures launches tied to Nvidia H100 and B200 rental benchmarks. The agency is examining cash market liquidity, reference prices, manipulation controls and perpetual compute futures. Compute futures could help AI developers hedge rental costs, but no contract received…
A U.S. federal court has resolved the CFTC’s cases against Caroline Ellison and Gary Wang by imposing five-year trading bans and registration bans of up to 10 years. Summary Ellison received a five-year trading ban and a 10-year CFTC registration ban. Wang received a five-year trading ban and an eight-year registration ban. Both sanctions date back to the initial consent orders entered on Dec. 23, 2022. The CFTC is not seeking additional financial penalties, citing their cooperation and an $11.02 billion forfeiture order. The Commodity Futures Trading Commission said on Aug. 19 that the U.S. District Court for the Southern…
Despite sell-off pressure, XRP network activity surges 24%; how holders can turn the tide and earn $10,000 daily
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP’s increased network activity contrasts with weak price momentum as EX DeFi promotes cloud mining as an alternative way for holders to seek passive income. Summary XRP activity rises 24% as weak momentum pressures prices, prompting holders to explore passive income via cloud mining. XRP faces selling pressure near $1 as activity climbs, while investors seek passive returns through EX DeFi cloud mining. Rising XRP network activity contrasts with weak price action, driving interest in EX DeFi as a…
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…
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…
A sophisticated exploit targeting Maya Protocol, a leading cross-chain decentralized exchange, forced the platform to freeze all activity on Wednesday after an attacker walked away with an estimated $1.7 million in digital assets. As per reports, pseudonymous co-founder Aalux confirmed the attacker made off with approximately 20 Bitcoin, worth roughly $1.4 million at the time, plus an additional $300,000 in other assets before the team managed to trigger a network-wide halt and stop the bleeding. Engineers at Maya Protocol have since shifted into damage-control mode, working on fixes needed before swap functionality can safely resume. A preliminary technical writeup shared…
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 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…
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…