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US Treasury Secretary Scott Besant has publicly stated the yen appears "severely undervalued," citing Japan's solid economic performance and policies as underlying strengths. He expressed no concern over a stronger yen against the dollar, suggesting a potential market correction.
Read MoreCoinbase's Q2 earnings revealed doubled prediction market revenue and rising global market share, with nearly 90% of net revenue now from non-Bitcoin trading. However, shares fell ~7% post-report. Subscription services contributed nearly half of revenue as the company shifts toward broader crypto financial services.
Read MoreBitcoin giant Strategy reported an $8.2B Q2 loss due to price declines, after its BTC holdings peaked at 846k. The company has shifted strategy, halting purchases to prioritize building dollar reserves and establishing a liquidity framework for future obligations.
Read MoreElon Musk counters AI slowdown arguments, endorsing the view that Recursive Self-Improvement will emerge within 24 months. He predicts AI will make an "explosively amazing" leap, directly challenging pessimistic forecasts about technical plateaus and lab profitability.
Read MorePresident Trump announced a historic agreement for Hamas and all armed groups in Gaza to fully disarm. The phased deal will lead to an Israeli troop withdrawal, with international forces cooperating with new Palestinian police to ensure security. This marks a crucial step toward new governance in Gaza and regional stability.
Read MoreLatest data from CME FedWatch shows a 63.4% probability of a 25 basis point rate hike in September, while odds of unchanged rates stand at 36.6%. Market expectations for October remain divided, reflecting ongoing policy uncertainty.
Read MoreBitcoin-backed AI data center developer Hyperscale Data announced $80 million revenue for H1, up 57% year-over-year. The firm nearly doubled its Bitcoin holdings to 1,006 BTC and projects full-year revenue to reach $200 million.
Read MoreThe US Treasury Secretary publicly urged the Senate to immediately vote on the stalled Clarity Act, which passed the House over a year ago. He emphasized its role in consumer protection, anti-money laundering, and providing regulatory certainty for digital assets, warning that further delay risks the US losing its global leadership in crypto.
Read MoreThe White House is reviewing a newly revised ethics proposal tied to the Clarity Act, which reportedly involves state attorneys general. Industry advocates are urgently lobbying, calling a compromise essential for the bill's progress. The administration's stance will likely determine if the Senate moves to a vote next week.
Read MoreMSTR CEO Phong Le has identified restoring the company's STRC asset to its par value as the top priority. The firm plans to achieve this through a combination of strategies including bolstering its US dollar reserves, maintaining its dividend payout, and executing strategic buybacks when opportune.
Read MoreThe 2026 FIFA World Cup drove over $20 billion in on-chain prediction market volume, with 400,000+ wallets participating, according to Chainalysis. The event also spurred $24 million in digital collectible trades.
Read MoreThe offshore RMB appreciated significantly against the USD during New York trading on July 30, rising 125 basis points to close at 6.7480. Trading ranged between 6.7626 and 6.7440, indicating shifting market sentiment. This rebound past a key technical level suggests potential changes in short-term capital flows.
Read MoreApple reported strong Q3 earnings with revenue reaching $109.4 billion, up 16% year-over-year. iPhone sales remained robust while Mac revenue significantly exceeded expectations. Earnings per share grew 29% to $2.02.
Read MoreAmazon Web Services (AWS) reported Q2 revenue of $42.2 billion, a 37% year-over-year surge, marking its fastest growth since late 2021. This outperformed analyst forecasts, driven by robust demand for AI services, accelerating sales for the fifth consecutive quarter.
Read MoreAmazon's Q2 earnings surpassed expectations with $200.6B in net sales. A surge in AWS growth, backed by significant AI and non-AI demand and a $496B backlog, drove the stock price up over 10% in after-hours trading.
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