According to BlockBeats, Luxor Technology's Chief Operating Officer Ethan Vera has indicated that U.S. Bitcoin miners are bracing for a slowdown following the White House's imposition of high reciprocal tariffs on Bitcoin mining machines from Southeast Asia. The new tariff rate, effective August 7, imposes a 19% reciprocal tariff on ASIC mining machines from Indonesia, Malaysia, and Thailand, raising the total import tax rate for these countries to 21.6%. The tariffs have led to a decrease in demand from U.S. customers, with mining machines now being directed to countries with more lenient import policies, such as Canada. With the 21.6% tariff, the U.S. has become one of the least competitive regions for importing mining machines, prompting miners to consider expansion into Canadian and other markets. Ethan Vera anticipates that if the tariffs significantly impact the industry's supply chain, Russia will emerge as a major beneficiary, potentially reshaping the global mining power landscape and slowing growth in the United States.

According to PANews, OpenAI founder Sam Altman announced that the company is providing U.S. federal agencies access to ChatGPT for a symbolic fee of $1 per year. This initiative allows agencies to utilize the enterprise version of ChatGPT, granting them access to advanced AI models over the next year. Earlier today, Anthropic also revealed that U.S. federal departments and agencies can now procure Claude more efficiently through the GSA Schedule. This move aims to transform workflow processes while ensuring compliance with federal security and regulatory standards.

According to PANews, the jury in the case of Tornado Cash developer Roman Storm is currently divided, with the court indicating that a partial verdict may soon be reached. This development was reported by Zoomer.

Bitcoin may revisit $105K, where metrics like short-term holder cost basis and UTxO walls indicate heavy exposure and potential stress. source: https://cryptopotato.com/this-level-could-be-bitcoins-hidden-trap-where-volatility-erupts/

"Pi Coin has experienced a significant and sustained decline over the span of several weeks, resulting in a sharp downturn in its value and raising concerns among investors and enthusiasts alike." source: https://blocknews.com/pi-coin-suffers-steep-multi-week-decline/

Steve Witkoff spent three hours in a closed-door meeting with Putin on Wednesday and walked away with absolutely nothing that could please Donald Trump. The Kremlin spun the meeting as “constructive and useful,” but that’s just Russian for “we didn’t agree on squat. ” The meeting ended right before Trump’s sanctions deadline. The pressure was on, […] source: https://www.cryptopolitan.com/steve-witkoff-meeting-putin-failed-trump/

London-based Satsuma Technology (LSE: SATS) has secured £163. 6 million ($217. 6 million) in a heavily oversubscribed funding round, drawing strong institutional interest and marking the largest Bitcoin treasury-related raise by source: https://www.benzinga.com/crypto/cryptocurrency/25/08/46904223/satsuma-raises-217m-aims-to-become-the-uks-largest-bitcoin-treasury-company?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

A German man is facing a US federal lawsuit after allegedly using a Coinbase‑like domain name to earn affiliate commissions and pose phishing risks. source: https://cointelegraph.com/explained/this-man-used-a-coinbase-like-url-now-hes-facing-a-major-lawsuit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to Cointelegraph, Ethereum's native token, Ether (ETH), is experiencing significant selling pressure, which could signal a local top. On Tuesday, ETH's Net Taker Volume reached -$418.8 million, marking the second-largest daily sell imbalance ever recorded. This figure indicates that traders sold 115,400 more ETH than they purchased through market orders, as reported by CryptoQuant data. Net Taker Volume measures the difference between buying and selling executed via market orders, often reflecting urgency or fear among traders. When the sell volume significantly surpasses the buy volume, it typically suggests capitulation or heavy profit-taking. CryptoQuant analyst Maartunn noted that such substantial sell-side imbalances have historically marked local tops, raising doubts about the sustainability of Ethereum's current rally. The recent surge in ETH sell-side pressure coincides with the price testing a historically significant distribution zone between $3,600 and $4,000. This level has consistently acted as resistance since 2021. Ethereum encountered a similar situation in December 2024, when the Net Taker Volume turned sharply negative, and ETH traded near this resistance zone. Subsequently, the price experienced a steep 66% decline, collapsing toward its 50-week and 200-week exponential moving averages (EMA). A similar scenario may unfold, with ETH retesting the $3,600–$4,000 resistance, Net Taker Volume plunging, and the weekly relative strength index (RSI) cooling from overbought levels. The convergence of bearish signals increases the likelihood of ETH retreating toward its 50-week and 200-week EMAs, currently at $2,736 and $2,333, respectively, by September or October. Such a drop would represent a 25%–35% decline from current prices. Readers are advised to conduct their own research when making investment decisions, as this article does not provide investment advice or recommendations.

DoubleLine Capital CEO Jeffrey Gundlach says the US government’s economic data now appears to be largely fabricated out of thin air. source: https://dailyhodl.com/2025/08/06/bond-king-jeffrey-gundlach-says-fed-rate-cuts-incoming-warns-us-inflation-data-appears-to-be-made-up/

Blockchain, a virtual replica of the real-world "power fragmentation," may be providing a subtle but firm escape route for those trapped under the powerful.

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

Cryptocurrency, investment, 5-year DCA vs. All-in: Which is stronger in cryptocurrency investing? Golden Finance, investing has bid farewell to the days of handwritten stock slips and blurry ticker tape.

Ethena has quickly emerged as one of the most innovative players in the stablecoin and synthetic dollar space.

On August 1, the highly anticipated Hong Kong Stablecoin Ordinance was finally officially implemented.

Who will be the next Federal Reserve Chairman? Trump's latest speech reveals a major signal!

Recommended reading tonight: 1. Three investment opportunities that will immediately benefit from the US SEC's "Project Crypto"; 2. VanEck: Will ETH be a better asset than BTC?; 3. Full text of the US SEC statement: Liquidity pledges are not securities and do not require registration;

The world has never stopped reshaping its values, but this time, algorithms have become the writers of new rules.

An in-depth analysis of Hong Kong’s latest stablecoin bill is conducted to clarify multiple misunderstandings in the market.

Swedish Prime Minister Ulf Kristersson is facing heavy backlash after openly revealing that he frequently uses ChatGPT to help guide his political thinking.