Founder of 10x Research: Bitcoin Expected to Reach $88,000 Target Price

DoubleZero has announced that Kalshi’s real-time order book data is now live on its DoubleZero Edge platform, delivering institutional-grade market data supported by multicast and dedicated fiber connectivity. The offering includes full-depth order books and all active sports and crypto perpetual contracts. It is understood that this integration enables quantitative traders and market makers to access machine-readable, zero-format real-time data without building their own infrastructure, supporting pricing, hedging, and signal generation, and significantly lowering the threshold for algorithmic trading in prediction markets.

According to market data from BIT (bit.com), US-listed SK Hynix rose more than 8% intraday and is now trading at $153.13.

August 12 Update: #Bitcoin ETFs: 1D NetFlow: -265 $BTC(-$16.97M)?? 7D NetFlow: +4,711 $BTC(+$301.16M)?? #Ethereum ETFs: 1D NetFlow: +3,823 $ETH(+$7.28M)?? 7D NetFlow: +89,742 $ETH(+$170.83M)??

Prominent trader Killa posted that during the last bull run, Bitcoin began recovering from lows ahead of ETF rumors and formal approval, emphasizing markets typically price in positive news in advance. This cycle could follow a similar pattern: the current "Clarity Act" (Regulatory Clarity Act) is shaping a new narrative. "If it indeed acts as a catalyst, it will likely mark the start of BTC’s first meaningful rally phase since the recovery from the prior bear market, and its approval will soon push Bitcoin to a new all-time high (ATH)—just like the ETF approval did," Killa noted. A BTC-focused quantitative trader, Killa correctly predicted the peak of this bull run in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then switched to a long position during the broad market sell-off on June 5.

According to Bloomberg, Lightspeed Venture Partners is seeking to raise roughly $600 million via secondary transactions to extend its investment exposure to OpenAI and other AI companies, as well as make additional investments in AI model firm Anthropic. Sources familiar with the matter said the fundraising deal is internally codenamed "Project Mercury" and involves multiple secondary funds under Lightspeed, including the Select V Fund, Opportunity II Fund, and a portion of assets in a separately managed account. Lightspeed aims to provide liquidity to investors through these secondary market transactions while maintaining long-term holdings in leading AI sector companies.

According to market sources, Google has raised the price of its new smartphones due to memory shortages, with the new models reportedly costing $100 more than the previous generation.