The crypto market had quite a week, marked by a flurry of interesting developments. From the rise of the meme coin MAGA to Max Keisers ominous market crash prediction and the burn rate spike of Shiba Inu, there was no lack of excitement. Additionally, Dogecoin found a new ally in luxury car maker Ferrari, while Edward Snowden once again threw his weight behind Bitcoin.
Trump-Inspired MAGA Coin Outshines Dogecoin, Shiba Inu
A new meme coin, MAGA TRUMP/USD , saw a remarkable 20% surge over the last 24 hours, overshadowing established players such as Dogecoin DOGE/USD and the so-called Dogecoin Killer, Shiba Inu SHIB/USD . Both DOGE and SHIB only managed a 2% increase on Friday, while MAGA is currently trading at $3.63. The MAGA coin was launched in August, aiming to "Make Crypto Great Again." Read the full article here.
Max Keiser Foresees A Market Crash and Bitcoin Boom
Bitcoin advocate Max Keiser has warned of an impending market catastrophe akin to the 1987 crash. In a tweet, Keiser predicted that Bitcoin, deemed the ultimate safe haven, will surpass the $500,000 mark. He also suggested that Bitcoin exchange-traded funds (ETFs) and domestic Bitcoin mining operations could face seizures by the US government. Read the full article here.
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Shiba Inu Burn Rate Soars
The Shiba Inu ecosystem saw a dramatic 2,730% increase in the tokens burn rate over the past 24 hours, with a single transaction burning 85 million tokens. The movement of 3 trillion Shiba Inu tokens to entities including Coinbase, Gate.io, Robinhood, and some private wallets was also noted. Read the full article here.Loading… Loading…
Dogecoin Value Bolstered by Ferrari Acceptance
Dogecoin experienced a 4% value increase, reaching $0.090, following reports that luxury sports car manufacturer Ferrari might start accepting the cryptocurrency as payment. The social buzz around Dogecoin surged, with its social dominance score rising by 125% within a week. Read the full article here.
Edward Snowden Backs Bitcoin
Edward Snowden, the famous former National Security Agency contractor, reiterated his support for Bitcoin BTC/USD , hailing it as the most significant monetary advancement since the creation of coinage. Snowden has previously expressed substantial interest in Bitcoin and often shares his thoughts on the subject. Read the full article here.
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Any agreement between Donald Trump and Vladimir Putin when they meet on Friday could leave Ukraine in an impossible position after three years of brutal, grinding war for survival.
There has been speculation the two leaders could agree a so-called ‘land for peace’ deal which could see Ukraine instructed to give up territory in exchange for an end to the fighting.
That would effectively be an annexation of sovereign Ukrainian territory by Russia by force.
Ukrainian President Volodymyr Zelenskyysaid on Tuesday evening that MrPutin wants the rest of Donetsk – and in effect the entire eastern Donbas region – as part of a ceasefire plan.
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Sky’s Michael Clarke explains in more detail what territories are under possible threat.
But the Ukrainian leader said Kyiv would reject the proposal and explained that such a move would deprive them of defensive lines and open the way for Moscow to conduct further offensives.
Russia currently occupies around 19% of Ukraine, including Crimea and the parts of the Donbas region it seized prior to the full-scale invasion in February 2022.
In this story, Sky News speaks to experts about what the highly-anticipated meeting between the Russian and American presidents could mean for the battlefield.
Image: Donald Trump and Vladimir Putin are set to meet in Alaska. Pic: Reuters
A ceasefire along the frontline?
The range of outcomes for the Trump-Putin meeting is broad, with anything from no progress to a ceasefire possible.
Polish Prime Minister Donald Tusk, for instance, said this week that he has “many fears and a lot of hope” for what could come out of it.
Military analyst Michael Clarke told Sky News that the summit “certainly won’t create peace, but it might create a ceasefire in place if Putin decides to be flexible”.
“So far he hasn’t shown any flexibility at all,” he added.
A ceasefire along the frontline, with minimal withdrawals on both sides, would be “structurally changing” and an “astonishing outcome”, he said.
However he doubts this will happen. Mr Clarke said a favourable outcome could be the two sides agreeing to a ceasefire that would start in two weeks time (for instance) with threats of sanctions from the US if Russia or Ukraine breaks it.
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President Zelenskyy: ‘Path to peace must be determined together’
Will Ukraine be forced to give up territory to Russia?
While President Trump’s attitude to Ukrainian resistance appears possibly more favourable from his recent comments, it’s still possible that Kyiv could be asked to give up territory as part of any agreement with Russia.
Moscow has been focussed on four oblasts (regions) of Ukraine: Luhansk and Donetsk (the Donbas), Zaporizhzhia and Kherson.
President Putin’s forces control almost all of Luhansk, but about 30% of the others remain in Ukrainian hands and are fiercely contested.
“Russian rates of advance have picked up in the last month, but even though they are making ground, it would still take years (three or more) at current rates to capture all this territory,” Matthew Savill, director of military sciences at the RUSI thinktank, told Sky News.
He says it “wouldn’t be surprising” if Russia tried to acquire the rest of the Donbas as part of negotiations – something that is “highly unattractive” for Ukraine that could leave them vulnerable in future.
This would include surrendering some of the ‘fortress belt’ – a network of four settlements including Kramatorsk and Sloviansk – that has held back Russian forces for 11 years.
Michael Clarke said this might well satisfy President Putin “for now”, but many believe that he would return for the rest of Ukraine – possibly after President Trump leaves office.
It’s unclear if President Volodymyr Zelenskyy could accept such a painful concession – or indeed, survive it politically – or if the wider Ukrainian public would support it in return for a pause in the fighting.
Would Russia have to return any territory to Ukraine?
The White House appears to have been briefing that it might, though the situation is very unclear.
Mr Savill added: “The Ukrainians might want to even up the situation in the north, by removing Russian incursions into Sumy and near Kharkiv, but of greater importance would be getting the Zaporizhzhia Nuclear Power Plant back under Ukrainian control, given how much it would contribute to Ukrainian power needs.”
It’s also possible that Russia could be willing to withdraw from the areas of Kherson region that it controls.
It’s “plausible” they could get the power plant back, Mr Clarke said, but Russia would likely insist on maintaining access to Crimea by land.
This would mean that cities Mariupol and Melitopol – would remain in Russian hands, with all that that entails for the people living there.
Save an exclusive $1,700 on Anker’s SOLIX F2600 power station with an expansion battery at a new $1,799 low
We’ve secured an exclusive deal from Wellbots on the Anker SOLIX F2600 Portable Power Station with a BP2600 expansion battery for $1,798.56 shipped, after using the exclusive code 9TO5F2600 at checkout. You’d normally have to shell out $3,499 for this bundle at full price, which we’ve seen go as low as $2,399 in the past. You’re looking at a combined 49% markdown that cuts $1,700 off the tag in all, giving you the best price we have tracked on this expanded backup power solution.
A successor to the F2000 model, Anker’s SOLIX F2600 power station starts at an increased 2,560Wh LiFePO4 capacity that is then doubled thanks to the expansion battery inclusion to 5,120Wh. There are twelve output ports (including a TT-30 port for RV support) to connect devices and appliances, with the unit delivering up to 2,400W of continuous power that can surge as high as 2,800W – all within a convenient suitcase-like design complete with wheels for easier transport.
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The two main ways to recharge Anker’s SOLIX F2600 power station are either by utilizing its max 1,000W solar input that can have it back to 80% in around two hours, or you can activate its HyperFlash mode to charge to 80% via an AC outlet in one hour and 40 minutes. It comes rated for a 10-year lifespan of continuous use, so using it less often just means extended support for your backup needs, and offers the full array of remote smart controls through its companion app that you would expect.
Segway’s ZT3 Pro e-scooter brings Apple Find My and proximity locking to all-terrain adventures for $900
Following right alongside a similar deal we saw on Segway’s new F3 Electric KickScooter that is still going strong through August 17, the brand is offering a promotional discount on its ZT3 Pro Electric Scooter at $899.99 shipped through August 31, after using the code ZT3AUG100OFF at checkout, beating out Amazon pricing by $100. This model carries a $1,300 MSRP directly from the brand, but keeps down at $1,000 normally over at Amazon. We saw it hit a new $850 low last month during Prime Day, with the deal here being the next-best rate that matches its preorder launch deal from September for the first time. You’ll be saving $100 off the going rate ($400 off the MSRP), landing it just $50 above the one-time low.
Tote Anker’s PowerCore Reserve 60,000mAh station through the rest of summer and beyond for $80
By way of its official Amazon storefront, Anker is offering its popular PowerCore Reserve 60,000mAh Power Bank Station at $79.99 shipped in both colorways, which comes in $1 under the brand’s direct website pricing. You’d normally have to spend $150 for this model at full price, though discounts have been regularly keeping the costs down between $110 and $90 on average, with some falls lower to $80, like today, and one previous drop to the $75 low during Prime Day. Aside from that one-time appearance, you’re otherwise looking at the best price we have tracked, which gives you $70 off the going rate and lands it $8 under our previous mention from three weeks ago.
Anker’s SOLIX C300 power stations are portable 90,000mAh backup companions that start from $150
By way of its official Amazon storefront, Anker is offering its SOLIX C300 DC Portable Power Station at $149.99 shipped, matching the brand’s direct website pricing. You’d have to pay $250 for this unit at full price regularly, though discounts in 2025 have seen it go as low as $150, which was last seen in July’s Prime Day Sale event, with things otherwise seen repeating to $170 since June. You’re looking at another shot at the second best price we have tracked, giving you $100 off the going rate that is only beaten by the $140 low we last saw during Black Friday and Christmas sales.
Score up to 61% total savings on EcoFlow 220W and 400W solar panels and bundles at lowest prices starting from $254
As part of its current Home Backup Sale running through August 17, EcoFlow is offering an additional 15% off promotion on 220W and 400W solar panels (plus dual panel bundles). Things start at their lowest with the NextGen 220W Bifacial Portable Solar Panel at $254.15 shipped, after using the code ASOLAR15OFF at checkout for the extra savings, beating out Amazon’s pricing by $75. It’s already down from its full $649 price tag thanks to the sale, with the price having stayed above $300 with discounts until today. Not only has the brand dropped the initial pricing from $329 to $299, but the extra savings make the deal all the sweeter, cutting a total $395 off the going rate for a new all-time low price, alongside the other lows we’re seeing on the 220W bundle and 400W offers.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
It’s only a matter of time before the Genesis G70 sedan will no longer be offered. Genesis is reportedly planning to kill off its most affordable model as it shifts its focus to SUVs and electric vehicles.
The most affordable Genesis model is on the way out
Starting at $42,500, the G70 is the most affordable Genesis vehicle offered. But that might not be the case for long.
According to a new Automotive News report, the Genesis G70 sedan will be retired after the 2027 model year. Although it was the luxury brand’s third-best-selling vehicle last year, Genesis is moving away from sedans, with more buyers opting for SUVs and EVs.
The report said that industry analysts don’t believe the G70 is on track for a second generation. And that’s not just the US, Genesis expected to kill off its most affordable model globally.
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Genesis has yet to confirm the news, but a company spokesperson said, “We have no plans to discontinue the G70 at this time.”
The keyword is “at this time.” The G70 underwent a major refresh for the 2022MY. Much like its newest models, Genesis fine-tuned the exterior design and added more luxury to the interior, featuring a larger infotainment system and new features.
2025 Genesis G70 (Source: Genesis)
Genesis already dropped one model this year. Earlier this month, Genesis confirmed to Car and Driver that it will no longer sell the Electrified G80 in the US, its luxury electric sedan.
The electric G80 has already been pulled from its US website, leaving only the GV60 and Electrified GV70 as purely electric options.
Genesis Electrified G80 updated model (Source: Hyundai)
Genesis said that “the customer is at the core of every decision we make, and we remain flexible as we adapt to ever-changing consumer needs and market conditions.”
If Genesis kills off the G70 sedan, it will leave the GV70 SUV as its most affordable model, with starting prices from $47,985.
Genesis Neolun ultra-luxury electric SUV concept (Source: Genesis)
While Genesis is trimming sedans from its lineup, it’s planning to trade up for a new flagship electric SUV. The GV90 will be the production version of the Neolun concept (shown above) revealed last March.
Genesis is expected to introduce the GV90 next year as its new ultra-luxury SUV to rival the Mercedes-Benz G-Class. Last month, we caught a sneak peek of it for the first time with Rolls-Royce-like coach doors.
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