NEAR Protocol rose 1.93% in the 24 hours to 15:00 UTC on Aug. 8, moving from $2.59 to $2.64. The token traded between $2.54 and $2.71, a 6.84% range that industry executives say highlights ongoing structural weaknesses in crypto markets and the need for clearer regulation. “These volatile trading patterns highlight the need for more robust market infrastructure and clearer regulatory frameworks,” said a senior executive at a major digital asset trading firm. Institutional flows drove much of the activity, with volume surging to 18.9 million units. Analysts pointed to the $2.62 to $2.66 zone as a focus for corporate treasuries and hedge funds. A sharp rejection at $2.67, accompanied by more than 120,000 units sold in four minutes, reflected algorithmic trading patterns that have caught regulators’ attention. Market watchers say the mix of heavy institutional buying and rapid selling shows the sophistication of corporate participation in crypto but also raises stability concerns. Financial Metrics and Investment Analysis NEAR fluctuated within an $0.18 band representing 6.84% volatility between $2.54 support and $2.71 resistance levels. Institutional trading activity peaked at 18.9 million units during Asian market hours, exceeding typical corporate trading patterns. $2.62-$2.66 consolidation attracted corporate investment flows and institutional accumulation strategies. $2.67 level triggered systematic selling protocols with over 120,000 units executed during algorithmic trading sequences. 1.13% decline from session peaks during concentrated selling window indicates institutional risk management protocols remain active. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .
The XRP Army believes its recent victory against the SEC confirms they are on the “right side of history,” following the closure of Ripple’s legal battle. The SEC’s lawsuit against
Bitcoin is currently facing significant resistance at the $120,000 level, with market analysts predicting a potential breakthrough if it maintains above $116,900. Bitcoin’s recent rally has brought it close to
Shiba Inu (SHIB) has a 114% imbalance between bulls and bears, indicating a stronger bullish sentiment in the market. 77 bulls compared to 67 bears suggest increased confidence in SHIB’s
BitcoinWorld OpenAI GPT-5: Revolutionary Pricing Unleashes AI Price War The cryptocurrency and broader tech world just witnessed a seismic shift. OpenAI, a dominant force in artificial intelligence, has once again sent shockwaves through the industry. Hot on the heels of releasing two new freely available models under an open-source license, the company unveiled its flagship model, OpenAI GPT-5 , with pricing so aggressive it could ignite an unprecedented AI price war . For developers, startups, and enterprises leveraging AI, this move signals a transformative period for LLM pricing and the entire generative AI landscape. The Shockwave: OpenAI GPT-5 ‘s Unbeatable Value OpenAI CEO Sam Altman proudly declared GPT-5 “the best model in the world.” While initial reports from sources like Bitcoin World’s Maxwell Zeff suggest its performance slightly varies against top competitors like Anthropic, Google DeepMind, and xAI across benchmarks, GPT-5 consistently delivers strong results, particularly in complex tasks like coding. However, the true game-changer isn’t just its intelligence; it’s its accessibility through revolutionary pricing. Altman’s tweet, “Very happy with the pricing we are able to deliver!” encapsulates the sentiment. The top-tier GPT-5 API is priced at an astonishing $1.25 per 1 million input tokens and $10 per 1 million output tokens, with cached input at $0.125 per 1 million tokens. This isn’t just competitive; it’s a strategic maneuver designed to disrupt the market. How Does LLM Pricing Compare? To fully grasp the significance of OpenAI’s move, let’s compare GPT-5’s LLM pricing against its primary rivals. The pricing strategy directly challenges established norms and puts immense pressure on competitors. Google Gemini 2.5 Pro: OpenAI’s GPT-5 pricing closely mirrors Google’s Gemini 2.5 Pro basic subscription, especially popular for coding tasks. However, Google’s model levies higher charges for heavy consumption, specifically beyond 200,000 prompts. This means high-volume users might find GPT-5 significantly more economical. Anthropic Claude Opus 4.1: This is where OpenAI delivers a knockout punch. Anthropic’s Claude Opus 4.1, a favorite among programmers and integrated into tools like Cursor and Claude Code, starts at a much higher $15 per 1 million input tokens and $75 per 1 million output tokens. While Anthropic offers discounts for prompt caching and batch processing, OpenAI’s baseline pricing is dramatically lower. OpenAI GPT-4o: Remarkably, GPT-5 isn’t just undercutting competitors; it’s also more affordable than its predecessor, GPT-4o. Matt Shumer, co-founder and CEO of OthersideAI, highlighted this, stating, “GPT-5 is cheaper than GPT-4o, which is fantastic. Intelligence per dollar continues to increase.” This internal competition further solidifies OpenAI’s commitment to driving down costs. The table below provides a clearer snapshot of the stark differences in LLM pricing : Model Input Tokens (per 1M) Output Tokens (per 1M) Notes OpenAI GPT-5 $1.25 $10.00 Plus $0.125 for cached input. Aggressive. Google Gemini 2.5 Pro ~$1.25 (basic) ~$10.00 (basic) Higher costs for heavy usage (over 200k prompts). Anthropic Claude Opus 4.1 $15.00 $75.00 Offers discounts for caching/batch processing. The Developer’s Delight: Fueling Generative AI Innovation Developers are already hailing GPT-5’s pricing as a game-changer. Simon Willison, a prominent developer featured in OpenAI’s launch video, emphasized, “The pricing is aggressively competitive with other providers.” This sentiment echoes across the developer community, with many on X (formerly Twitter) calling it a “pricing killer” and similar praise appearing on Hacker News. This cost reduction directly impacts the viability and profitability of startups building on generative AI models. Lower API costs mean developers can experiment more, iterate faster, and deploy applications with significantly reduced operational overhead. This democratization of advanced AI capabilities could unlock a new wave of innovation, making sophisticated AI tools accessible to a broader range of creators and businesses. Is an AI Price War Inevitable? The big question looming over the industry is whether competitors will match OpenAI’s aggressive pricing. Will Anthropic be forced to lower its rates for Claude Opus 4.1? Will Google, which has previously undercut OpenAI on pricing, respond with even more affordable options for Gemini? If so, we are on the cusp of a much-anticipated AI price war , a scenario many in Silicon Valley have long hoped for. Such a price war would be a boon for the entire AI ecosystem. Startups building “vibe-coding” tools, for instance, have struggled with the “shaky economics” caused by the high and unpredictable fees charged by model makers, as reported by Bitcoin World’s Marina Temkin. Countless other startups relying on foundational AI models also face similar challenges. A reduction in inference costs and an improved price-to-performance ratio for LLMs would provide much-needed stability and predictability, fostering sustainable growth. The Paradox: High Investments vs. Lower Costs for AI Models This aggressive pricing comes amidst enormous investments in AI infrastructure. OpenAI itself has a staggering $30 billion-per-year contract with Oracle for cloud capacity, despite its annual recurring revenue only recently hitting $10 billion. Similarly, Meta plans to spend up to $72 billion on AI infrastructure in 2025, and Alphabet has allocated $85 billion for capital expenditures in 2025, largely driven by AI needs. Given these colossal expenses, the typical expectation is for costs to rise, not fall. The tech industry has been pouring hundreds of billions into building data centers and the underlying infrastructure required to support the escalating demand for AI models . This makes OpenAI’s move to lower pricing a bold and somewhat counter-intuitive gamble. It suggests a long-term strategy focused on market dominance and accelerating adoption, even if it means operating at lower margins in the short term. Despite the immense capital outlays, OpenAI’s dual move—releasing open-source models and aggressively pricing GPT-5—signals a clear intent to put pressure on the entire market. The industry eagerly awaits to see if other major players will follow suit, transforming the competitive landscape for AI models . The Future of Generative AI : A Win for Innovation? OpenAI’s strategic pricing of GPT-5 is more than just a marketing tactic; it’s a profound statement about the future of generative AI . By making powerful models more accessible and affordable, OpenAI is accelerating the pace of innovation across various sectors, from coding and content creation to scientific research and enterprise solutions. This could lead to an explosion of new applications and services that were previously economically unfeasible. While the long-term implications for the profitability of major AI players remain to be seen, the immediate beneficiaries are the developers, startups, and businesses that rely on these foundational models. A competitive pricing environment will drive efficiency, encourage adoption, and ultimately push the boundaries of what generative AI can achieve. Conclusion: A New Era for AI OpenAI’s GPT-5 launch, particularly its pricing strategy, marks a pivotal moment in the evolution of artificial intelligence. It challenges the status quo, potentially initiating a much-needed AI price war that could democratize access to advanced capabilities and foster unprecedented innovation. As the industry grapples with massive infrastructure investments, this move signals a shift towards greater affordability and accessibility for LLM pricing , benefiting the entire ecosystem of generative AI and the countless applications built upon these powerful AI models . To learn more about the latest AI market trends, explore our article on key developments shaping AI models’ features and institutional adoption. This post OpenAI GPT-5: Revolutionary Pricing Unleashes AI Price War first appeared on BitcoinWorld and is written by Editorial Team
This imbalance suggests something about market
The SEC suing Ripple in 2020 prompted the XRP Army to mobilize, and now it's stronger than ever and celebrating its victory.
The U.S. Securities and Exchange Commission's (SEC) clarification around liquid staking continued to lift asset prices across the staking sector this week, with ETH rising to $4K for the first time since December on Friday. Several layer-2 networks have also been the beneficiary of ETH's recent ascent. Ethereum scaling solution Optimism's native token (OP) rose 8% in the past 24 hours to cement a weekly gain of 13%, rival network Blast also experienced a uptick of 6.3%. Mantle, which uses optimistic rollups to process transactions off-chain before settling them on the Ethereum mainnet, was the leader of the pack, with the MNT token jumping by 50% in the past week. The staking sector in general has outperformed the wider market, with LDO up 12.3% and ETHFI up 5.4% in the past 24 hours. The clarification comes after a very brief "altcoin season" last month that led to a series of significant moves for altcoins against their bitcoin trading pair. The SEC's clarification on liquid staking could open the floodgates to institutional capital, which has been open to investing in assets like ether but not acquiring a yield through DeFi due to it previously being a regulatory gray area. Rebecca Rettig, part of Jito’s legal team, hinted that liquid staking tokens could become a part of an ETF following the SEC's announcement.
As Bitcoin and Ethereum treasury companies proliferate, Solana is also attracting significant interest. As major companies announce reserves for Solana, negative news for Solana (SOL) has emerged. Joe McAnn's $1.5 billion Solana treasury plan has been canceled following backlash stemming from the poor performance of his fund, Blockworks reported. Citing three sources familiar with the matter, the report stated that Joe McCann-led Solana Digital Asset Treasury has halted plans to go public through a SPAC. The situation regarding the digital asset treasury company is still unclear, a source said, adding that the company may try to find a different path. Solana had planned to raise up to $1.5 billion in capital for his treasury. Solana, which has gained 2.3 percent in the last 24 hours, continues to trade at $176 at the time of writing. *This is not investment advice. Continue Reading: Bad News for This Altcoin! $1.5 Billion Reserve Plan Canceled!
Mantle , a leading modular blockchain ecosystem, has unveiled its most ambitious initiative to date: UR, a borderless smart money app and crypto-first neobank designed to simplify and unify financial experiences . The initiative, with beta testing access now live, marks an important step in Mantle’s mission to build products that bridge decentralized and traditional finance (DeFi and TradFi) for real-world utility. According to Mantle's recent updates, Q3 2025 and onwards will be a transformative period for the ecosystem's role in the global financial landscape UR combines the usability of modern neobanks with the infrastructure of DeFi, empowering users to spend, save, and invest across fiat and crypto within a single account. The initiative is backed by the Mantle Network’s high-performance modular blockchain and one of the largest community-owned treasuries in the crypto space. Mantle Ecosystem at a Glance Mantle is a pioneering on-chain ecosystem and comprises innovative products like Mantle Network, mETH Protocol, Function's Bitcoin (FBTC), Mantle Index Four (MI4), UR, and MantleX. Mantle Network, the foundational infrastructure layer, has recently fully integrated EigenDA on mainnet and Succinct's zkVM on testnet, and is set to enable scalability technologies like EigenDA, OP Stack, and Succinct’s zk proofs, enabling scalability, security, and speed for next-gen financial applications. The newly announced UR initiative is part of a broader strategy to position Mantle as the go-to infrastructure for crypto-native finance, further strengthened by MI4 — a tokenized crypto fund for diversified exposure. Banking Reinvented: UR Mantle’s Crypto-Neobank UR addresses a common pain point in the digital economy — the fragmented relationship between fiat and crypto accounts. While users typically juggle bank accounts and wallets across platforms, Mantle offers one app for all financial needs, making it easy to spend and off-ramp from a single place. Key Features: Unified Account for fiat and crypto balances. Virtual and Physical Cards for multi-currency global spending. Auto-Allocation into MI4 fund or DeFi strategies. Credit Lines backed by on-chain assets like mETH and FBTC. Cashback-Style Yield Rewards with the Mantle Rewards Station, where users can lock MNT to boost their "MNT Power" and earn rewards. Direct Salary Deposits with real-time tokenization options. UR promises the simplicity of Revolut and Apple Pay, but supercharged with DeFi functionality. Users can receive their salary in fiat, instantly convert to stablecoins, and spend or invest — all without ever leaving the app. Timeline and Rollout Plan Mantle’s roadmap outlines a multi-phase rollout of UR, with beta testing currently live for users. The project has signaled that Q3 2025 and beyond will be a key period for focusing on compliance, product testing, and global accessibility. Milestone Timeline Beta Testing & Waitlist Q2 2025 (LIVE) Early Access Launch Q3 2025 Global Expansion & Cards Q4 2025 - Q1 2026 Full Suite + MI4 Integration 2026 Onward Regulatory frameworks are being evaluated per region, with Mantle prioritizing user safety, compliance, and transparency throughout the banking experience. Value for Token Holders and the Ecosystem For $MNT holders, UR means direct benefits through: Access to Mantle's exclusive tools, such as Mantle Index Four and credit lines. Reward opportunities via Mantle Missions and governance. Utility boost for MNT, which serves as the native gas, ecosystem growth, and governance token, along with mETH, and FBTC across financial services. Voting power in shaping product evolution and integrations, as key decisions for the DAO-governed network are made by MNT holders. For the broader ecosystem, UR becomes the anchor of a self-sustaining financial loop. It enhances capital efficiency, simplifies crypto onboarding, and positions Mantle Network as the “Blockchain for Banking” of Web3. Easy Access to $MNT on StealthEX To participate in Mantle’s growing financial ecosystem, users can easily acquire $MNT tokens on StealthEX — an instant crypto exchange platform that supports non-custodial, registration-free swaps. StealthEX Highlights: Instant $MNT purchases via Mantle’s dedicated page . Over 2,000 trading pairs. No registration or KYC required. High-speed crypto-to-crypto conversions. Whether staking, participating in the Mantle Rewards Station, joining governance, or preparing for UR features, StealthEX is a top-tier solution to buy and swap $MNT quickly and securely. Final Thoughts: A Bank for the Web3 Generation Mantle’s latest developments confirm its ambition to lead not just in blockchain performance, but in creating tangible financial value for everyday users. The new UR app isn't just another app — it's a shift toward real-world crypto utility. As the coming months progress, users and token holders can expect increased engagement, AMAs with core contributors, and feature rollouts aligned with live events like Token2049 Dubai and EthCC. Mantle is not imagining the future of finance — it’s building it. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.