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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
18:08
OpenAI founder Sam Altman says he is excited about bitcoin
OpenAI founder Sam Altman expressed his excitement about bitcoin, stating that having a global currency not controlled by any government is a very logical and important step. (Bitcoin Archive)
18:03
Hilbert Group acquires Enigma Nordic for $32 million
Hilbert Group has acquired the high-frequency trading platform Enigma Nordic for $32 million, obtaining Enigma’s proprietary trading system and market-neutral strategies. The deal includes performance-based earn-out payments, conditional on Enigma’s strategies generating $40 million in net income. This acquisition will help Hilbert offer systematic crypto products to institutional investors and plans to integrate Enigma’s platform into Hilbert’s hedge funds.
16:20
BitMine estimates total holdings of cryptocurrencies and cash at approximately $13.2 billion to $13.3 billion
BMNR states that it holds 3,967,210 ETH. As of December 14, 2025, in addition to holding Ethereum, BMNR also holds 193 bitcoin, EightcoHoldings equity worth $38 million, and $1 billion in cash. BitMine estimates the total holdings of "cryptocurrency + total cash + potential stocks" to be approximately $13.2 billion to $13.3 billion.
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