The founder and CEO of Unitree Technology, Wang Xingxing, and his manned exoskeleton product GD01 appeared together on the cover of (TIME) magazine. The headline is (The Age of Robots Has Arrived).
It has been a full 8 years since the last time a Chinese entrepreneur appeared on the cover of this magazine.
1、Unitree Technology listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange on August 19. The trading was already initiated earlier by the exchange.
2、Strategy and BitMine’s losses continue to worsen; both have paused further purchases.
3、By the end of July, Anthropic’s ARR has reached $65 billion, up more than 7 times from the end of last year. It may debut on Wall Street this fall, possibly earlier than OpenAI.
4、Meta faces a $1.4 trillion lawsuit, which went to trial on Tuesday.
5. Wall Street warns that U.S. stocks may see a seasonal, sharp pullback in August–October
6. Morgan Stanley, due to Amazon’s AI project, raises its target price to $500
7. A Bitcoin wallet dormant for 15 years transferred 8.54 BTC (about $539,000) to Kraken; at the time, the Bitcoin price was about $14
8. a16z faces an antitrust investigation by the U.S. Department of Justice, alleging that its partners simultaneously serve on the boards of competing AI companies
9. Fundstrat: Bitcoin volatility hits a historic low; in the next 60 days, or if it’s seen, there could be a significant 30% swing in volatility
Deepwater TechFlow report: On August 18, according to BeInCrypto, Fundstrat Global Advisors’ digital asset strategy head Sean Farrell released a research note stating that Bitcoin’s 30-day price volatility has fallen to an extremely low historical level. Looking back at the past eight similar low-volatility periods, the median absolute price movement over the following 60 days was about 30.2%, with four upswings and four downswings.
Using the current price of about $64,000 as a baseline: if there is a 30% upside move, the target price would be about $83,200; if it moves down, it would be about $44,800. Farrell also noted that Bitcoin’s roughly 2% rebound this Monday was mainly driven by short-covering, and the direction remains unclear. Meanwhile, persistently rising real bond yields are the biggest downside risk at present.
10. After Visa seeks new stablecoin settlement partner following its acquisition of BVNK by MasterCard
