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Bitmine Immersion Technologies (BMNR) shares popped 13% Monday after a fresh treasury update. It was the best-performing stock of the day on Wall Street. The Ethereum (ETH) firm’s $11.8 billion in crypto, cash, and equity stakes reassured Wall Street investors.
The company now holds 5.79 million ETH tokens, equal to 4.8% of Ethereum’s 120.7 million circulating supply. That puts Bitmine very close to its 5% accumulation target it set 13 months ago.
BitMine Buybacks Signal Confidence
Bitmine repurchased 6.1 million shares last week, up from 5.5 million the week before. That brought total repurchases to 11.6 million shares since July 1, under a $4 billion buyback program. Bitmine unveiled that program at its April NYSE main-board debut.
BitMine’s stock was the best-performing in the US on Monday. Image Source: TradingView
Chairman Tom Lee framed the accumulation as a long-term commitment rather than opportunistic trading.
“Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025.”
— Lee
The firm also runs MAVAN, its own Ethereum staking network, which now holds 4.9 million staked ETH. Bitmine currently projects $254 million in annualized staking revenue. That could reach $299 million once its entire ETH position is staked.
A Wider Institutional Bet
Backers including Cathie Wood’s ARK Invest, Pantera Capital, and Galaxy Digital have supported Bitmine’s strategy. That reflects institutional appetite for Ethereum treasury companies well beyond retail traders.
BMNR now ranks among the most actively traded US stocks by dollar volume, Fundstrat data show.
The rally comes as other Ethereum treasury firms, including SharpLink, keep building ETH positions despite a choppy year. Whether Bitmine’s buyback pace and staking revenue hold up may determine if Wall Street’s patience with crypto treasuries continues.

Charles Hoskinson says Cardano’s “best days are ahead,” even as its native token, ADA, trades 95% below its all-time high.
The Cardano founder made the remark during a recent X AMA. He was responding to ADA’s prolonged slump and the criticism that has followed it.
Why Cardano is Feeling the Pressure
ADA trades near $0.16 today. The token hit its all-time high of $3.09 in September 2021 and has fallen 53% so far this year alone.
ADA has been on a slide for the past seven days; this comes after it rose just under $0.20 on July 5. Image Source: Coin Gecko
Governance disputes, builder shutdowns, and Cardano’s canceled 2026 summit have deepened the pressure. Hoskinson has also faced mounting criticism from the community over the slide. He stepped back from social media at one point, then returned to address the backlash directly.
“I still do believe our best days are ahead of us, and I still do believe that we can succeed despite the demons we’ve let in. We just have to change the approach, and we just have to change the strategy.”
— Charles Hoskinson, on X
Surprise AMA 07-27-2026 https://t.co/agI4wNTRlQ
— Charles Hoskinson (@IOHK_Charles) July 27, 2026
Hoskinson Has a Plan
The comment echoes Hoskinson’s recent push for a funding overhaul. He wants to clear a backlog of more than 600 million ADA in treasury requests. He argues that the network’s security and utility drive ADA’s price, not short-term speculation.
The bottleneck comes down to a hard cap. Cardano’s treasury allows only 350 million ADA in net funding changes at a time, well short of what builders are requesting. Hoskinson has proposed spreading development across more independent companies instead of leaning on Input Output Global, the firm he leads, to carry the load alone.
Whether a strategy shift can turn Cardano’s price trend around remains an open question. ADA still trades far below its 2021 peak, leaving Hoskinson’s optimism as the main counter to a bearish market narrative.

The KOSPI plunged 8.10% to 6,208.34 on Tuesday morning, deepening a global semiconductor rout.
SK Hynix sank 11.01%, and Samsung Electronics dropped 9.45%, a day before the memory giant reports quarterly earnings.
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KOSPI Index Performance. Source: Google Finance Chip Selloff Spreads From Wall Street to Seoul
The Korea Exchange triggered a sell-side sidecar after the open, its 22nd this year. A similar mechanism tripped on the Kosdaq shortly afterward. The index was down 6.6% at press time.
Japan followed Seoul lower. Kioxia cratered 16.5%, Tokyo Electron dropped over 9%, and Advantest slid 8%.
SoftBank Group, an AI proxy through its Arm stake, fell nearly 5%. Overall, the Nikkei 225 lost 3.90%, while the Topix shed 2.49%.
The rout extends Monday’s weakness in US chip stocks, where the VanEck Semiconductor ETF lost over 2%, according to CNBC. AMD and Teradyne led declines, falling 5% and 4% respectively.
Investors remain skeptical about tech giants’ heavy AI spending. The selloff comes days after SK Hynix and Samsung announced $950 billion AI deals.
Earnings Gauntlet Meets Crypto Spillover
The timing raises the stakes. SK Hynix reports on Wednesday, July 29, its first earnings since a record Nasdaq debut. Microsoft, Meta, and a Fed rate decision land the same day. Apple and Amazon close Big Tech’s earnings week on Thursday.
The pressure has spilled into crypto markets. Bitcoin (BTC) traded near $63,199, down 2.9% over 24 hours. Meanwhile, US futures pointed to further weakness, with S&P 500, Nasdaq 100, and Dow futures down 0.1%, 0.42%, and 0.04%, respectively.
Whether Wednesday’s results from SK Hynix restore confidence or confirm the doubts driving the unwind may set the tone for the week.
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Arthur Hayes bought 3,298 more Ether (ETH) worth $6.39 million hours before Ethereum’s spot price slid from $1,960 to $1,872.
The purchase extends a buying streak that began July 15. Hayes has now spent $13.87 million on 7,213 ETH at an average price of $1,923, leaving him roughly $368,000 underwater.
A Buying Streak Built in Pieces
Hayes assembled the position through a string of over-the-counter trades. Onchain trackers flagged transfers to Galaxy Digital, FalconX, and Cumberland since mid-July. Single purchases ranged from roughly 645 ETH to about 1,330 ETH.
Arthur Hayes(@CryptoHayes) bought another 3,298 $ETH($6.39M) 3 hours ago.Since July 15, Arthur Hayes has bought a total of 7,213 $ETH($13.87M) at an average price of $1,923 and is now down ~$301K.https://t.co/gau6egd7Vm pic.twitter.com/BoElOKmmaG
— Lookonchain (@lookonchain) July 28, 2026
The accumulation followed a reversal. Hayes closed his ETH position in late June at a loss of about $606,000. He then started rebuying on July 15, as Ether recovered above $1,750.
Hayes’ rebuilding lines up with a broader institutional case for Ether. Fundstrat’s Tom Lee has made a similar argument, saying institutions are moving past simply trading Ethereum toward building on it. His Ethereum bull case points to BlackRock’s tokenized fund and Robinhood’s ETH-based fee token.
Ether Slides With the Broader Market
Ether’s drop came as broader crypto markets pulled back Tuesday. The Federal Reserve’s two-day policy meeting concludes this week, and traders are watching for signals on interest rates.
Whether this marks a bottom or another early entry is unclear. That depends on whether Ether can reclaim the $1,900 level it lost in the selloff.
ETH fell rapidly just after Hayes’ latest purchase. Image Source: Coin Gecko. A Track Record of Bold Reversals
The Bitmex co-founder built his reputation on bold trades. He often exits a position just as fast as he enters it.
Hayes has talked up tokens like Hyperliquid’s HYPE, Zcash, and Worldcoin in the past. He then quietly closed those positions once sentiment turned.
Hayes and his Bitmex co-founders pleaded guilty in 2022 to Bank Secrecy Act violations tied to the exchange’s anti-money-laundering failures. President Trump pardoned all three in March 2025, wiping out the convictions.

Tom Lee, Fundstrat Global Advisors’ head of research, calls the market’s AI capex fear a bullish sign. He does not read it as a warning of an approaching top.
Steve Eisman, known for shorting the 2008 housing bubble, warned this week that markets could fall sharply. He said the risk comes if hyperscalers cut artificial intelligence (AI) spending. Lee, however, sees that outcome as unlikely soon.
Widespread Doubt Isn’t a Top Signal, Lee Argues
Lee flips the usual market logic. He argues that widespread skepticism about the AI trade shows the cycle still has room to run. Investors rarely question a story’s durability right before it peaks, in his view.
“The fact that many people are saying that is a sign that we’re not at a top because people are questioning the longevity of the cycle … I think that’s actually a bullish thing.”
Tom Lee, CNBC
That view directly counters Eisman’s capex warning, which centers on Nvidia’s exposure to hyperscaler spending. In contrast, Eisman put the risk in blunt terms on CNBC.
“I think the market will go straight down. At the end of the day, it all boils down to, in a sense, Nvidia.”
Steve Eisman, CNBC
The Fed Meets as the AI Trade Faces Its Test
Lee spoke a day before the Federal Reserve’s two-day July meeting begins. Traders currently price roughly a one-in-three chance of a hike, up from 16% a week earlier.
Lee expects the Fed to lean on quantitative tightening instead. He therefore sees a balance sheet shrink as a way to pressure growth without deliberately slowing the economy.
Lee also draws a historical parallel. He compared today’s AI durability doubts to the late 1990s, when investors repeatedly questioned Cisco and other internet stocks. That skepticism, historically, preceded further gains rather than a collapse.
The Fed’s rate decision this week will test Lee’s read. So will the next round of hyperscaler earnings, part of the broader AI spending arms race Wall Street is tracking. For now, Lee is betting that doubt, not conviction, keeps the AI trade alive.

Jim Cramer says Washington will not let Nvidia lose the artificial intelligence race to China. He frames the US government as a quiet backstop behind the chipmaker’s biggest bets.
Commerce Secretary Howard Lutnick controls power access to a federal site in Ohio. Nvidia is negotiating a $250 billion guarantee there for OpenAI, tying the chipmaker to a government decision.
Nvidia’s Backstop Meets Washington’s Power Switch
Nvidia is in talks to guarantee roughly $250 billion in financing for OpenAI’s lease, the Wall Street Journal reported. The deal covers a 10-gigawatt data center campus in Piketon, Ohio.
The site sits on decommissioned federal land. The full project, including chips, could exceed $500 billion.
Electricity for the campus flows from a natural gas plant that Japan is funding with a $33 billion investment. That investment is part of a recent US trade deal.
Lutnick decides which company gets access to that power. OpenAI, Anthropic, Microsoft, and Google have all approached him about the site.
Washington in Deep with Nvidia, Says Cramer
On Monday night’s episode of “Mad Money,” Cramer linked Nvidia’s financial strength to Washington’s stake in the outcome.
“They have the best balance sheet of any company in the world,” Cramer said. He added that the government is a “subtle backstop” so China does not win the AI race.
Nvidia’s cash and a government hand on the power switch make a powerful combination. That combination helps explain why Cramer still calls Nvidia a stock to own even as shares slide.
Not everyone agrees the setup is healthy. Investor Michael Burry has called the arrangement circular.
He argues Nvidia’s guarantees would fund OpenAI’s purchases of Nvidia’s own chips. Nvidia is discussing that separate chip financing package, which could reach $350 billion. OpenAI also lacks its own investment-grade credit rating, a gap that already caused other financing troubles this year.
The bigger question is what happens if Washington’s role in AI infrastructure becomes the industry’s financing template. That role already includes Jensen Huang’s open-model push and Nvidia’s new security alliance.

Dan Niles, founder of Niles Investment Management, says Apple’s (AAPL) slow start on artificial intelligence (AI) turned into an accidental advantage, even as he flags valuation risk ahead of its earnings report this week.
Apple’s stock recently reached new all-time highs, hitting a record closing price of $336.91 on July 27. This surge pushed Apple’s market capitalization to roughly $4.93 trillion, allowing it to reclaim the title of the world’s most valuable public company from Nvidia. The company reports fiscal third-quarter results on July 30.
Apple’s AI Delay Was Actually a Lucky Break
Speaking on CNBC’s Squawk on the Street, Niles said Apple avoided the AI spending spree that has hit rivals’ cash flow.
“Sometimes you get lucky for being incompetent,” Niles said, adding that Apple was “horrible” at getting AI onto iPhones.
That weakness now looks like an edge. Alphabet has raised its 2026 capital expenditure (capex) guidance to $195 billion to $205 billion for AI infrastructure. The spending pushed Alphabet’s free cash flow negative in the second quarter, the first such quarter since its 2004 initial public offering (IPO), the process by which a private company first sells shares to the public.
Apple takes a different path. It reportedly pays Google around $1 billion a year to license a custom Gemini model for Siri’s AI upgrade. That fee covers a fraction of what rivals spend building their own AI models from scratch.
Apple briefly passed Nvidia as the world’s most valuable company earlier this month. Its stock has kept climbing since, partly on the view that it can benefit from AI demand without carrying the balance-sheet risk.
Apple is back at the top of the most valuable company pile. Image Source: Companies Market Cap The Valuation Catch
Niles was less comfortable with where the stock trades today. Apple’s price-to-earnings (P/E) ratio, a measure of stock price relative to earnings, sits in the high 30s. That’s well above the S&P 500’s roughly 22 times earnings.
He warned that could leave Apple exposed if Thursday’s numbers disappoint, particularly if rising semiconductor prices squeeze margins. Memory chip costs have surged this year, a trend already forcing price hikes across the phone market.
“You can’t put all the money in the world into this one stock because they’re just not spending on AI,” Niles said. “It doesn’t make sense at a certain valuation.”
Wall Street expects Apple to post revenue near $108.9 billion and earnings per share (EPS) of $1.89 for the quarter, up from $1.57 a year earlier. Thursday’s report also lands in the middle of a packed earnings week for Big Tech, with Meta and Amazon reporting the same week under similar AI spending scrutiny.
Niles said he plans to stay largely on the sidelines for those names too, citing his own concerns about capex tied to each.

SpaceX stock (SPCX) is now worth less than it was on day one. Shares closed near $115 last week. That is about 15% below the $135 price the company set for its June 12 debut.
Anyone buying at the listing is underwater. The obvious question is whether it comes back, and there is one good place to look for the answer.
SpaceX (SPCX) Stock Performance. Source: TradingView What Just Happened to SpaceX Stock
SpaceX sold 555.6 million shares at $135 each. That raised almost $75 billion and valued the company near $1.77 trillion, according to its prospectus.
The start was strong. Shares opened at $150 and closed the first day around $161. By June 16 they hit $225.64.
Then the mood turned. The stock fell 6.7% on July 22 to $115.26. That is roughly 49% below the June high.
The company is now worth about $1.52 trillion. An earlier part of the slide had already wiped $500 billion from Musk’s fortune.
Three things went wrong at once:
Starship slipped
Rival Blue Origin raised new money, and
China caught a rocket booster.
That last one stung. On July 10, China landed a Long March 10B booster in a net on a sea platform. It became only the second country to bring an orbital booster home. SpaceX did it first in December 2015, so China is about a decade behind.
Peter Schiff called the drop a broader market crash warning. Now, IPO investors are sitting on nearly 20% loss.
BREAKING: SpaceX hits a NEW ALL-TIME LOW, wiping out $1.515 trillion from its market cap in just 27 trading days.IPO buyers are now sitting on an 18.5% loss. pic.twitter.com/TqtX5c28N3
— Bull Theory (@BullTheoryio) July 27, 2026
Why Two Dates in August Matter So Much
SpaceX reports earnings for the first time on August 4. Two trading days later, on August 6, a lot of shares become sellable.
Here is why that matters. When a company lists, insiders sign a lock-up. It stops them selling for a set period.
SpaceX built its lock-up around earnings instead of the calendar. Once results are out, up to 911.5 million shares are free to trade.
Elon Musk is not one of the sellers. His shares are locked for 366 days, with no early exit, so he cannot sell until June 2027.
JUST IN: Elon Musk locks up 100% of his SpaceX $SPCX holdings for 366 days
— Gemini (@Gemini) June 2, 2026
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The Huge Batch of Shares That Will Not Be Sold
A second batch of 455.8 million shares was also lined up for August. Almost nobody has noticed that it will not arrive.
Those shares only unlock if the stock trades 30% above the IPO price. In cash terms, that means $175.50.
It has to close there on five of the 10 days ending on the earnings date. The stock is near $115, so it cannot happen.
The fall has therefore cut the amount of stock hitting the market. Roughly half the expected August supply is already gone.
Why Meta Fits Better Than Tesla
Most people compare SpaceX to Tesla. That comparison does not work.
SpaceX (SPCX) and Tesla (TSLA) Stock Performance. Source: TradingView
Tesla listed in June 2010. It sold 13.3 million shares at $17 and raised $226 million. SpaceX raised about 330 times more.
Facebook, now Meta, is the better match. It priced at $38 in May 2012 and raised $16 billion.
Both put the founder firmly in charge. Musk holds 82.4% of the voting power at SpaceX while owning less than half the shares.
He does it with a second class of stock worth 10 votes each. Ordinary shares get one vote.
Small investors piled into both deals. Early reports said SpaceX would give retail buyers 30% of the offering. CNBC later reported the real figure came in at just over 20%.
SpaceX, 2026Meta, 2012Tesla, 2010IPO price$135.00$38.00$17.00Money raised$75.0B$16.0B$226MValue at listing$1.77T$104BAbout $2BFirst-day close$161, up 19%$38.23, up 0.6%$23.89, up 41%Founder voting power82.4%MajorityNone specialWorst fall below IPO price15% so far53.3%Recovered fastTime to get back to IPO pricePending14.5 monthsWeeks
What Meta’s Lock-Up Actually Did to the Stock
This is the part worth remembering. Meta went through the same fear in 2012, twice.
SpaceX (SPCX) and Meta Platforms (META) Stock Performance. Source: TradingView
The first unlock came on August 16, 2012, covering 271 million shares. The stock fell 6.3% that day.
The second was far bigger. On November 14, 2012, some 1.19 billion shares came free.
The stock went up 12.6%. The biggest wave of selling turned into the best day.
The damage had already been done in advance. Meta bottomed on September 4, 2012, closing at $17.73. That was 53.3% below its IPO price, more than three times the fall SpaceX holders have seen.
“This is an example of why it’s so dangerous to rush into buying a heavily hyped IPO during its first few days of trading,” Peter Schiff noted.
What Would Turn SpaceX Stock Around
Meta did not recover on hope. It recovered on one number.
On July 24, 2013, it reported that mobile made up about 41% of its ad sales. Three quarters earlier the figure was near 14%.
Revenue grew 53% in a year. The stock jumped almost 30% the next day.
It finally closed back above $38 on August 2, 2013. That took 14.5 months.
SpaceX needs a number of its own. Starlink profits, launch numbers, and Starship progress are the candidates.
Analysts cannot agree on what any of it is worth. Their price targets run from $156 all the way to $239.
Morgan Stanley says a drop to $100 would price the company’s AI work at almost nothing. Chart watchers point to a falling wedge pattern that often breaks upward.
SPCX hourly chart / Source: Tradingview
Cathie Wood still calls SpaceX her favorite long-term holding. Meanwhile Google’s SpaceX stake stays locked up for longer.
Meta took 14.5 months and one very good earnings report. SpaceX gets its first shot at that on August 4, two days before the selling can start.

New York City just published a list of 31,000 homes. It names the streets, the buildings, and the apartment numbers. Crypto founders say it is a map to rich people’s front doors.
The city released the file on July 24. It exists to find second homes that owe a new tax. Officials expected about 10,000 properties. They got three times that.
What New York City Actually Published
The tax started July 1. It targets homes that are not where the owner actually lives.
A condo or co-op lands on the list at $1 million. A house has to be worth $5 million.
That $1 million line matters. It is why the roll holds 24,700 apartments but only 6,800 houses.
State law told the city to name every property that “may be subject” to the tax. It also told the city to identify co-op apartments by street address and unit number.
So the file does not just flag a building. It flags the apartment.
Ben Williams is a property tax lawyer at Rosenberg & Estis. He testified at the city’s hearing on the rules. He told Bloomberg the list is far too broad, and that many homes will come off it on appeal.
Spectrum News NY1 reporter Bernadette Hogan flagged the file, noting that owner names sit in the spreadsheet as well.
New: @NYCMayor admin is now sending out letters to homeowners who *may* be subject to “pied a terre” tax — & updated the city’s website including a form for owners/primary residents to contest the tax if they meet exemption qualifications —>https://t.co/C8zyZupXKa pic.twitter.com/aYWqLFh4rZ
— Bernadette Hogan (@bern_hogan) July 23, 2026
Bills go out by August 30. Owners then get 30 days to object. The final list is due December 31.
Crypto Founders Call It a Mass Doxxing
Uniswap founder Hayden Adams searched a few luxury buildings. He found the homes of people he knows. He also found nearly every other unit in those towers.
“Not only were their units listed, but nearly every unit in the entire building was listed. They clearly took an incredibly expansive view of ‘could be’ and just doxxed a huge percentage of all expensive apartments in new york city,” wrote Adams.
That is the law working as written. The city has to list every unit that might owe the tax. At a $1 million threshold, that pulls in whole buildings.
Helius CEO Mert Mumtaz made a narrower point. The data was already public, he said. It was just messy. Now it is clean, sorted, and easy to download.
this is unsettlingwhile this data was largely public prior to this in a messy waythey have cleaned it, organized it, singled out "the rich", and mass distributed itonly the 50th sign this year of privacy continuing to become scarcer https://t.co/o6JvI90egu
— mert (@mert) July 27, 2026
Castle Island Ventures partner Nic Carter went further. He pointed to the France crypto kidnapping toll, which has climbed all year.
“So this is a list of wealthy people and their addresses. As we’ve seen in France and Sweden this leads to crypto kidnappings torturings and murders. Yes real estate records are semi public but this is an easily searchable database and target list,” Carter stated.
Attack Data Gives the Warning Weight
CertiK counted 52 wrench attacks in the first half of 2026. A wrench attack is simple. Criminals use force or threats to make someone hand over their crypto.
The count was 39 a year earlier. It follows the most violent year recorded for crypto crime.
The sums got much bigger too. Victims faced $124.2 million in the first half of 2026, up from $10.5 million. The average case jumped from $270,000 to $2.39 million.
One number stands out. Home invasions rose from a single case to 20.
But the map does not point at New York. France had 33 of the 52 attacks. Europe had 39. The United States had four. Sweden, which Carter named, had two.
The risk is about method, not place. CertiK calls it “data-driven targeting.” Attackers stitch together leaked databases, property records, and tax files. They build a full profile before they ever knock on a door.
That is not theory. French investigators say a tax office employee sold crypto investor data to criminal networks. The same fear followed new UK tax rules that make exchanges hand over user data.
CertiK now urges regulators to lock down government databases that tie people to crypto and addresses.
New York’s list holds no crypto data at all. What it adds is the address. That only helps someone who already knows you own crypto.
The final roll arrives December 31. How far it falls below 31,000 will show how seriously the city took the warning.

Tom Lee hat Lighter (LIT) als Durchbruchserfolg bezeichnet und als entscheidendes Element der Ethereum-Infrastruktur. Die Bemerkungen folgen auf ein neues Bankless-Interview mit dem Gründer der Börse.
Lee ist hier keine Gelegenheitstimme. Er ist Vorsitzender von BitMine, das sich selbst als das weltweit größte Ethereum-Treasury bezeichnet. Das Unternehmen hält 5,79 Millionen Ether.
Warum Tom Lees Lighter-Anruf wichtig ist
Lee ist Mitgründer des Forschungsunternehmens Fundstrat. Außerdem ist er Vorsitzender von BitMine, das an der NYSE als BMNR gelistet ist.
BitMine hat am Montag 5,79 Millionen Ether offengelegt. Rund 4,92 Millionen dieser Coins sind gestaket. Lee setzt also in erheblichem Maße darauf, dass Ethereum stärker genutzt wird.

Nic Carter reportedly almost joined World Liberty Financial (WLFI), the Trump family crypto venture. He allegedly walked away when cofounder Steve Witkoff said “memecoin” as “me-me” coins.
Carter described the 2024 Miami meeting to New York magazine. World Liberty says his account is wrong, and that it never offered him the job.
Witkoff Could not Explain the Product
Carter invests for Castle Island Ventures. He also voted for Trump in 2024. Witkoff wanted him as an advisor. But Witkoff could not describe the decentralized finance (DeFi) business.
“He didn’t know what crypto or DeFi was. He didn’t know what the pitch was,” the New York feature reported, citing Nic Carter.
Witkoff had one clear goal, Carter says. The launch had to happen before the election. That way Trump was still a private citizen.
Carter turned the role down. He warned the project could cost Trump votes. That is when Witkoff’s tone hardened.
World Liberty’s own Gold Paper supports part of that read. It says the sole utility of WLFI is governance. Holders get no right to any return or dividend.
WLFI Holders are Still Locked In
WLFI trades near $0.055, against a record of $0.3313 on Sept. 1, 2025. That was the first day of open trading. The price fell 40% before it ended.
World Liberty Financial (WLFI) Price Performance. Source: BeInCrypto
World Liberty released only 20% of each investor’s tokens that day. Just 31.8% of the supply trades now. An April plan unlocks the rest from 2028. Holders who vote against it stay locked.
The company also added a contract function letting it freeze any wallet. That change landed eight days before trading opened.
Justin Sun was the largest early backer. He sued World Liberty Financial in California for fraud. The company countersued for defamation in Miami. Both cases remain at an early stage.
The venture has been lucrative for the family even as the token sank. Reporting on the Trump family crypto windfall tracks how little of it reached ordinary holders.
Carter saw a token with no business behind it. Two years on, most of the supply is still frozen. The unlock schedule runs past the end of Trump’s term.

New York Attorney General Letitia James says a crypto bill in the Senate would leave scam victims with nowhere to turn. Coinbase wants that same bill passed within days.
James sent her case to a Senate investigations panel on Monday. She wants tougher crypto oversight, not less of it.
Why Is New York Fighting the Crypto Oversight Bill?
The bill is called the Digital Asset Market Clarity Act. It would hand most crypto rulemaking to one federal agency, the Commodity Futures Trading Commission (CFTC).
It would also override state investor protection laws. That is the part James cannot accept.
Her office polices securities and commodities for 20 million New Yorkers. Take away that power, she argues, and scam victims lose their closest cop.
The House already passed the bill in July 2025. The vote was 294 to 134. It cleared a key Senate committee in May.
How Bad Are Crypto Scam Losses?
Bad, and getting worse. Her testimony stacks up four separate datasets.
Source2025 lossesChange from 2024FBI Internet Crime Complaint Center$11.4 billionUp 22%FTC Consumer Sentinel Network$1.78 billionUp 25.6%TRM Labs illicit volume estimate$158 billionUp about 145%New York complaintsNearly $500 million over 5 yearsAlmost tripled in 3 years
The average victim reported losing $62,604, according to the FBI. Crypto complaints to the bureau rose 21% in a year.
James names real cases. One scam worked through Haitian church prayer groups. Another used Facebook ads to hook Russian speakers, then ran the money to Vietnam.
Who Actually Catches Crypto Criminals?
This is the heart of her argument, and the numbers are lopsided.
NY Attorney General Letitia James urged Congress not to pass the Clarity Act, telling a Senate subcommittee in testimony submitted today the bill would “neuter” state and local law enforcement efforts to crack down on “rampant” fraud in crypto markets pic.twitter.com/GKXpOznkpf
— Brendan Pedersen (@BrendanPedersen) July 27, 2026
State and local agencies are 99% of all US law enforcement bodies. They handle about 99.5% of criminal cases and 98.8% of arrests.
Federal authorities handle roughly 1.2%.
At the same time, Washington has pulled back. The Justice Department told prosecutors in April 2025 to stop charging platforms for what their users do. It shut down its crypto enforcement team.
The SEC closed more than 1,000 investigations in 2025. It also dropped seven crypto cases. Judges had already found violations in five of them.
Does the Bill’s Ethics Ban Actually Work?
Here is the finding buried deepest in her filing.
The bill would stop presidents and federal officials from launching their own crypto. Supporters call this the ethics fix.
James read the fine print. The ban would let the sitting president park existing crypto businesses in a blind trust. It would also not start until a full year after the bill becomes law.
She wants something stricter. Officials should not regulate any industry they earn money from. Break that rule and you hand back the profits plus a $50,000 fine each time.
Her case points to Binance, which holds 87% of USD1. That is a stablecoin issued by World Liberty Financial, a firm founded by the president’s family. Forbes and the New York Times reported those holdings.
Who Else Opposes the Bill?
Not just Democrats. The nation’s sheriffs are against a big piece of it too.
The National Sheriffs’ Association wrote to the Senate on May 13. Their letter targets Section 604.
That section would excuse mixers and similar tools from money transmitter rules. Mixers scramble crypto transactions so nobody can follow the money.
The sheriffs still want crypto rules. They just want a narrower version, written by Senator Catherine Cortez Masto.
State securities regulators piled on in May. Their national body urged senators to vote no.
Why Does Coinbase Want a Vote Now?
Coinbase makes a completely different argument. It is about China, not fraud.
Faryar Shirzad is the company’s chief policy officer. He told Fox Business that the next financial system is being built right now.
China is spending the most on it, he said. So the real question is who writes the rules, Washington or Beijing.
Shirzad also likes what the bill does for banks. One whole section protects them from legal surprises when they touch crypto.
He says he has talked to Senate leaders. He expects a vote as early as August 3.
Wall Street is split. Goldman Sachs boss David Solomon backs the bill even though he calls it flawed. JPMorgan’s Jamie Dimon is against it.
What Happens Next?
The math does not work yet. Senate Majority Leader John Thune said on July 23 that the votes are missing. The bill now looks unlikely to pass before the August break.
Three fights are still open. Ethics rules, the Section 604 exemption, and how stablecoins pay interest.
History offers hope to both camps. The GENIUS Act stalled the same way in 2025, then became law. But that bill never asked states to give up their fraud cases.
So watch for three things. A vote on the Cortez Masto amendment. Any move to scrap the one-year delay. And the first Democrat to break ranks.
James has spent five years clawing money back from crypto firms. Her office went after major platforms including Genesis, which paid $2 billion. Gemini returned $50 million to customers.
Now she is asking Congress to leave that power alone.

China’s crypto rails have already moved $2.37 trillion. The US Senate has not even voted on its crypto rules. Faryar Shirzad, Chief Policy Officer at Coinbase, says the next financial system is being built right now.
Rails are the plumbing that moves money between banks and countries. Shirzad says China is investing more in this technology than anyone else.
What Did Coinbase Say?
Shirzad spoke in an interview on Fox Business. He called crypto plumbing, not an investment.
“Crypto fundamentally is a technology that allows people to transfer value, whether money or [a] financial instrument, as easily as they transfer a text… or e-mail.”
The host asked about Chinese AI models too. Shirzad then named the leader.
“The country that [in]vests most in this technology is China.”
He gave no numbers. Public data does.
How Big Are China’s Crypto Rails?
China runs a digital version of its currency. It is called the e-CNY.
The central bank says it has handled 3.48 billion payments. Those are worth about $2.37 trillion. Volume is up more than 800% since 2023.
China changed the rules on January 1. Digital yuan now sits in bank accounts like normal savings. Banks pay interest on it. Deposit insurance protects it.
No other major economy has done that yet.
A second system handles payments between countries. It is called mBridge. Five central banks run it, including China’s.
mBridge has settled about $55.49 billion. Back in 2022 it moved just $22 million. China’s digital yuan is 95% of the traffic.
So Is China Really Winning?
Not everywhere. It depends which number you pick.
The $2.37 trillion counts money that moved. It is a running total built up over five years.
Dollar stablecoins work differently. These are crypto tokens worth $1 each. About $310 billion of them exist today. Tether holds $184 billion. USDC holds $73 billion.
Stablecoin Market Cap. Source: DefiLlama
Almost all of them track the dollar. Chinese versions barely register.
So the dollar still rules private crypto. China leads on state-run rails.
What About Spending?
The same pattern shows up in AI. Stanford counted $285.9 billion of private US AI investment in 2025. China reported $12.4 billion. That is a 23 to 1 American lead.
Stanford flagged a catch. Chinese state funds pushed an estimated $184 billion into AI firms between 2000 and 2023. Official totals miss that money.
So China spends more than it reports. It also ships faster. America still spends more overall.
Coinbase Buys Chinese Tech Too
Coinbase proves the point on its own books. CEO Brian Armstrong said in June that the firm runs two Chinese AI models. The switch cut its AI bill roughly in half.
Chinese models cost far less. DeepSeek charges $0.87 per million output tokens. Western rivals charge much more.
Cheap and capable beats expensive and patriotic. That logic reaches payments too.
What Happens Next?
Senate action has stalled, and several roadblocks remain. Majority Leader John Thune expects the bill to miss the August break. Banks are still fighting over stablecoin interest. That standoff stalled talks in March over bank deposits.
China is not waiting. PBOC Governor Pan Gongsheng warned last year that a dominant currency “tends to be instrumentalized or weaponized.” Beijing wrote the digital yuan into its latest five-year plan.
Watch three things. A Senate floor vote before recess. A deal on stablecoin interest. And whether mBridge moves into oil and commodity payments.
America is spending more. China is shipping faster.

Steve Eisman has sold his long-held Google position to cut his artificial intelligence (AI) exposure. The investor who shorted the 2008 housing market now holds cash, warning the whole market has become one AI bet.
He has not bought a replacement. Eisman says defensive stocks will not work, because investors either want AI or they want nothing.
Eisman Sold Google Near Its Record High
Speaking on CNBC’s Squawk Box, the former Neuberger Berman portfolio manager called the exit deliberate. He built his reputation shorting subprime mortgages at FrontPoint Partners.
“I sold my Google a couple of months ago. I’ve owned Google. I can’t even tell you how long I’ve owned Google, but I felt I wanted to reduce my exposure to AI,” Eisman said.
The timing looks good so far. Alphabet peaked at $408.61 on May 18, its record high. The stock closed at $319.74 on July 24. That is a drop of roughly 20% in about two months.
Alphabet (Google) Stock Performance. Source: TradingView
One session did much of the damage. Alphabet fell 7.1% on July 23, the day after Q2 earnings. The company had just raised 2026 capital spending guidance to a range of $195 billion to $205 billion.
Eisman did not rotate into safety. He explained why in one line.
“People either want to buy AI or they don’t want to buy AI, but they don’t want to shift out of it to buy Clorox,” he said.
The cash is still uncommitted. “I’m just sitting… I’ve got cash,” he said. He does not expect the AI debate to settle “within the next two weeks.”
Why Eisman Says the Market Is ‘One Trade’
His worry is concentration, not valuation.
“It’s all one trade. It’s literally one,” Eisman said.
He then showed his math on a standard portfolio.
“Even people who think they’re diversified because they own 60% stocks and 40% bonds are missing the fact that they’re actually not diversified… more than 50%… is tech and AI related. And of the 40% of bonds, most of the new issuance of bonds is AI related,” he said.
Do Eisman’s Numbers Hold Up?
The stock half broadly does. Information Technology was 37.19% of the S&P 500 on July 24, and Communication Services added 9.34%. That is 46.5% combined.
Add Amazon and Tesla, which sit in Consumer Discretionary, and the figure reaches 51.5%. So his “more than 50%” works, but only on a generous definition.
The concentration itself is not in doubt. The 10 largest constituents make up 36.85% of the index.
The bond half is weaker. High Technology made up 14.2% of US corporate bond issuance in the second quarter, according to SIFMA. Financials led with 46.4%. AI is not “most” of new issuance.
His underlying point still stands, and official data makes it better. The Bank of England reported this month that five AI hyperscalers held just 3% of outstanding US investment-grade debt at the end of 2025, yet accounted for over 15% of this year’s issuance by early May.
The high-yield shift is sharper. Those issuers took 41% of non-refinancing US high-yield issuance this year, from a 1% index weight.
AI hyperscaler bond sales since October 2025. Source: BeInCrypto
The deal sizes explain the speed. Amazon priced $37 billion of notes on March 10, the largest of these deals, per its SEC filing. Meta raised $30 billion last October and another $25 billion in April.
One caveat sits in the paperwork. The filings state proceeds go to general corporate purposes, so none of this debt is formally earmarked for AI.
Is a Correction Coming if AI Fails?
Asked what happens if AI fails commercially, Eisman was blunt. “I think we have a big correction,” he said. He would not size it.
“What… scares me is that it’s all one trade. So it better succeed,” he added.
Central banks have flagged the same pipe. The Bank for International Settlements warned in June that fixed income is “one obvious vulnerability” if hyperscalers slow capital spending.
What It Means for Crypto
Crypto sits in the same risk bucket. Bitcoin (BTC) trades near $64,980 and is down about 45% over the past year.
The link showed up in June, when a Big Tech selloff dragged Bitcoin lower. Retail flows have favored semiconductor ETFs over crypto funds this year.
Others see the same overlap. Chinese hedge funds have started trimming AI winners in a visible rotation, and one 2008 bubble forecaster has warned of a 70% drawdown.
Where the Thesis Breaks Down
Eisman is not calling a crash. He said he would not short this market, and he expects the technology to work.
“It’s going to be… something really good. That doesn’t mean that everybody succeeds,” he said.
That gap defines the risk. AI can succeed as a technology while the trade built around it still unwinds.
The near term will test him fast. Microsoft and Meta report earnings on July 29, and Amazon follows on July 30. Three more capex updates land inside 72 hours.

Traders have started betting on a rebound in the world’s largest asset manager, BlackRock since its July earnings beat. They are doing it while the BlackRock stock price falls, and weeks after two of the firm’s biggest rivals told clients to buy.
BlackRock Price Action: Yahoo Finance
JPMorgan and Morgan Stanley both lifted their targets on July 16, and the market ignored them for eleven days.
The Bets Nobody Has Closed Now Favour a Rise
The put-call ratio weighs bets on a falling share price against bets on a rising one. A reading under 1.00 means the upside bets are winning.
On BlackRock stock, that measure sat at 1.00 on the day of the July 15 results, an even split. By July 24 it had slipped to 0.98, tipping the balance toward a rise.
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This particular reading only counts positions traders still hold after the market closes. That makes it the money people are willing to leave on the table overnight.
BlackRock Put-Call Ratio: Barchart
Short-term traders are less convinced. Counting only the trades placed each day, the same ratio climbed from roughly 0.70 to 0.83, so more downside bets are changing hands than before the results.
The split makes sense. Traders are keeping their bets on a recovery while paying for protection to survive the wait, because the share price has kept sliding.
The BLK Stock Price Has Not Agreed Yet, Despite Big Money Interest
Money flow tells the cautious half of the story. Chaikin Money Flow (CMF) shows whether institutional buyers or sellers control a stock, and anything under zero means the sellers do.
BlackRock stock sat near -0.28 on July 15 and recovered to -0.13 by July 24. That is still below zero, so sellers remain in charge. However, the institutional folks seem to be slowly responding to the JPMorgan and Morgan Stanley calls.
BlackRock Chaikin Money Flow: TradingView
Their grip has weakened as the BlackRock price fell between July 15 and July 24 and the CMF trended higher. This could mean that the big traders are early and the share price has not caught up. That is the gap two rival banks spotted proactively.
The Call Two Competitors Made First
JPMorgan and Morgan Stanley chase the same client money as BlackRock through J.P. Morgan Asset Management and Morgan Stanley Investment Management. Both still told clients to buy the competitor.
Morgan Stanley arrived there awkwardly. It cut its target to $1,383 on July 14, a day before earnings, then raised it by $105 to $1,488 on July 16, the highest on Wall Street.
$BLK-Morgan Stanley lowers BlackRock target to $1383 from $1430Overweight–$BTSG -KeyBanc raises BrightSpring Health target to $80 from $60Overweight-Morgan Stanley raises target to $80 from $71Overweight–$CABO-BNP Paribas upgrades Cable One to Neutral from…
— stock setter (@MarcJacksonLA) July 14, 2026
JPMorgan moved harder the same day, upgrading the stock from Neutral to Overweight and lifting its target 17% to $1,364.
Two smaller houses agreed. BMO Capital Markets, the investment banking arm of Bank of Montreal, reiterated Buy at $1,300 on July 17, while Keefe, Bruyette and Woods (KBW), a broker specialising in financial firms, opened coverage at the same target a day earlier.
Detailed List of Analyst Forecasts: TipRanks
None of those targets has been cut since. Because the stock has fallen in the meantime, the gap to those targets has widened rather than closed.
What the Bullish BlackRock Bets Are Riding On
BlackRock reported $15.34 trillion in assets under management on July 15, with revenue up 31% to $7.08 billion and net inflows of $191.7 billion.
One number undercuts the rest. Big institutions supplied only about $2.34 billion of those inflows, so nearly all the growth came from ETFs and everyday investors. This aligns with the fact that institutional money or rather big money mostly stayed silent. That metric now improving, courtesy of CMF, could be a good sign.
BLACKROCK AUM $15.34T, EST. $15.19T || 2Q FIXED INCOME NET INFLOWS $92.10B || 2Q ADJ EPS $13.91, EST. $12.66 || 2Q REV. $7.08B, EST. $6.82B || 2Q NET INFLOWS $191.70B, EST. $175.92B || 2Q INSTITUTIONAL NET INFLOWS $2.34B || 2Q INSTITUTIONAL NET INFLOWS $2.34B || 2Q LONG-TERM…
— First Squawk (@FirstSquawk) July 15, 2026
Two newer businesses may matter more. BlackRock has joined a DTCC pilot on tokenised collateral alongside JPMorgan and Goldman Sachs, covering Russell 1000 shares and Treasuries, with a formal launch due in October.
BREAKING: JPMorgan, BlackRock, and Goldman Sachs join 50-firm DTCC pilot to tokenize Russell 1000 stocks and US Treasurys, per WSJ
— unusual_whales (@unusual_whales) July 15, 2026
It is also leading a debt sale of more than $12 billion for a Meta-backed data centre campus in El Paso, pulling it into the financing of the AI build-out.
BlackRock, $BLK, is leading a debt sale targeting at least $12 billion for its new El Paso data-center project backed by Meta, $META, Platforms, per WSJ
— unusual_whales (@unusual_whales) July 20, 2026
Markets seem to have priced in none of it. BlackRock stock is only up 7.44% over the past month, that too on results, but remains lower for the year, while Morgan Stanley, Goldman Sachs and Citigroup each gained more than 20%.
BlackRock Monthly Share Performance: Yahoo Finance
One risk sits against those bullish bank bets. BlackRock runs the largest spot Bitcoin ETF at roughly 735,000 BTC, but spot Bitcoin ETFs shed $225 million in one session in late July, with IBIT accounting for $202 million of it.
Bitcoin ETFs snap their inflow streak while Ethereum funds keep printing greenUS spot Bitcoin ETFs bled $225M on Thursday, ending a four-day run of inflows, with BlackRock's $IBIT accounting for $202M of the exit.Ethereum ETFs went the other way, pulling in $26M for a fifth… pic.twitter.com/RhP3cFXBU2
— BSCN (@BSCNews) July 24, 2026
Analysts call that demand wave-like rather than steady.
I feel like there's a spiritual parallel bt GLD and IBIT.. GLD got so popular so quickly that for ONE DAY in 2011 it was bigger than SPY, the biggest ETF in world. Then it went out of favor for years. IBIT, similarly reached $100b in assets for ONE DAY (a few hrs actually) and… pic.twitter.com/ACJEiyyIIW
— Eric Balchunas (@EricBalchunas) July 17, 2026
For any of the bullish bets to pay off, money flow has to cross back above zero. Until it does, the traders and the banks are right on paper and wrong on the tape.

Ethereum (ETH) whales keep adding to their holdings while the price trades near $1,963, up 4.3% in the last 24 hours. Three separate datasets now point to an accumulation two weeks after ETH broke its long-term descending trendline.
Glassnode data shows growing whale addresses, and US spot ETF flows have turned positive. However, one metric still refuses to confirm the recovery.
Ethereum Whales Grow Their Ranks at Yearly Lows
Glassnode’s whale address count tracks wallets holding between 1,000 and 10,000 ETH. The metric bottomed near 4,750 addresses in early June and has since climbed toward 4,850.
Meanwhile, the 30-day change has stayed positive through most of July. This suggests sustained accumulation rather than a short-lived spike.
ETH whale address count / Source: Glassnode
The timing separates this move from October 2025. Back then, Ethereum whales spiked while ETH traded near its record high, and the rally reversed soon after. This time, large holders are buying close to yearly lows.
Fresh wallets also bought 50,000 ETH in mid-July as the ETH/BTC ratio jumped 6%. A flip of the 30-day change back below zero would weaken the signal.
ETF Inflows Return After 8 Weeks of Outflows
Institutional flows tell a similar story. US spot Ethereum ETF net flows flipped positive in July after roughly eight weeks dominated by outflows.
The funds have now recorded a third straight week of inflows, adding $103.9 million in the week ending July 24. Green bars have dominated the Glassnode flow chart throughout the month.
ETH US spot ETF net flow / Source: Glassnode
Still, the scale remains modest. Daily inflows sit in the tens of millions, far below the $600 million to $1 billion days of August 2025. Institutional demand is returning, not surging.
A return of sustained daily outflows would flip this signal back to bearish.
Active Addresses Remain the Missing Piece
Network activity complicates the bullish setup. The 14-day moving average of Ethereum active addresses sits near 400,000, according to Glassnode.
That reading stands far below the February 2026 spike near 800,000. It also trails the June local peak of roughly 460,000. In other words, accumulation is not yet backed by growing usage.
ETH number of active addresses / Source: Glassnode
Crowd sentiment has also turned deeply bearish, although Santiment treats such readings as contrarian signals. The previous two pessimism extremes preceded ETH rebounds.
ETH Price Prediction as $2,000 Caps the Breakout
The daily chart shows why these signals matter now. A descending trendline from the August 2025 record high rejected the ETH price five times before the mid-July breakout, which came with futures open interest near $19.8 billion.
The price has held above the broken trendline for two weeks. It now presses into the resistance zone just below $2,000, a level with clear psychological weight.
A confirmed daily close above $2,000 could open the way toward the 0.618 Fibonacci retracement at $2,438. That target sits about 24% above the current price and overlaps the supply zone from May.
ETH daily chart / Source: Tradingview
However, rejection remains possible. In that scenario, ETH could retest the 0.786 Fibonacci level at $1,754 and the broken trendline near $1,600. The green demand zone in that area has supported the price before.
Volume keeps declining during the recovery, which fits an accumulation phase but leaves the breakout unconfirmed. Either the whales, the ETFs, and the chart pull the price through $2,000, or ETH revisits the zone that launched this move.

Peter Schiff has a message for Bitcoin bulls. Buy BTC itself, he says, not Michael Saylor’s Strategy stock. The company sold $544.5 million of MSTR shares last week. It bought no Bitcoin.
Schiff points to one number. MicroStrategy’s Bitcoin Yield has fallen to 4.5% this year, he says. It stood at 13.3% in late May.
Why MicroStrategy’s Bitcoin Yield Keeps Falling
Bitcoin Yield sounds complicated. It is not. It tracks how much Bitcoin sits behind each MSTR share.
Sell new shares without buying coins, and the number drops. That is exactly what happened last week.
Strategy sold 5,429,160 MSTR shares. It raised $544.5 million. It bought zero bitcoin, its 8-K filing shows.
Holdings sit at 843,775 BTC. The yield was 9.4% on May 3. It climbed to 13.3% by May 25. Schiff now puts it at 4.5%.
MicroStrategy Bitcoin Holdings. Source: Strategy
“Why is $MSTR up 7% this morning? Saylor’s latest move reduced the YTD Bitcoin yield to 4.5%. That yield stood at 13.3% on May 25. That’s a 66% reduction in two months! At this rate the 2026 Bitcoin yield will be negative. If you’re bullish, you’re better off just owning Bitcoin,” Schiff urged.
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Here is the part few people noticed. Strategy warned about this outcome itself, in its own first quarter filing.
“…if the Company increases Assumed Diluted Shares Outstanding at a faster rate than its bitcoin holdings, then the Company would experience decreased BPS and negative BTC Yield…” Strategy, Q1 2026 results.
Put simply, more shares without more Bitcoin turns the yield negative. BeInCrypto covered the trade-off facing MSTR investors earlier on Monday.
The $25 Million Buyback Barely Moves the Needle
Strategy also bought back some of its own preferred shares, known as STRC. STRC is a special class of share. It pays holders a fixed 12% cash dividend every year. It is designed to trade at $100. Strategy paid an average of $86.52 instead. It spent $25 million and retired 288,930 shares.
That saves roughly $3.5 million a year in dividends.
Now compare that to the whole bill. Strategy owes about $1.76 billion a year in dividends and loan interest, it disclosed on June 29. The buyback trims less than 0.2%.
Another $975 million is available. Strategy will not sell new STRC below $100. It also cannot use its cash reserve to fund buybacks. It may sell bitcoin instead.
STRC Stock Performance. Source: TradingView What to Watch on Thursday
The cash pile is growing fast. It rose from $2.55 billion on June 28 to $3.75 billion on July 26. That covers roughly 25 months of dividends, up from 17.4 months.
The Bitcoin tells a harder story. Strategy paid an average of $75,476 per coin. Bitcoin’s current price is near $64,762. The gap is about $8.9 billion.
Bitcoin Price Performance. Source: BeInCrypto
Losses are already on the books. First quarter net loss reached $12.54 billion, or $38.25 per share. Second quarter results arrive after the close on Thursday, July 30. That report should carry the official Bitcoin Yield. It will prove Schiff right or wrong.
Not everyone agrees with him, however. Investor Andrew Webley says the preferred shares now cover 2.1 years of payments with no new fundraising. He calls it the biggest step forward in Bitcoin corporate finance so far.
Strategy holds 843,775 Bitcoin – more than 4% of the 21 million BTC that will ever exist.Following today's announcement, they can cover their preferred equity obligations for 2.1 years without raising a single new dollar.What they've built with preferred equity is, in my… https://t.co/AJb3Zcn1MA
— Andrew Webley (@asjwebley) July 27, 2026
Others question the price. A former Goldman Sachs credit specialist argues STRC may be mispriced by 13%. A June survey found most holders bought STRC below par.
Schiff is still a gold man and a long-time Bitcoin critic. This is a swipe at Saylor, not a change of heart. The real test comes Thursday. Can Strategy lift STRC back to $100 while common shareholders pay for it?

Audiera (BEAT), Ondo (ONDO) und Ethena (ENA) führen die TOP 3 der Altcoins, die man im letzten Wochenabschnitt im Juli 2026 beobachten sollte, nachdem sie wöchentliche Gewinne von 50%, 17% und 14,4% erzielt hatten.
Jeder Token nähert sich nun einem entscheidenden technischen Niveau. BEAT testet $4, ONDO peilt $0.46 an nach einem Ausbruch aus der Akkumulation, und ENA stellt sich einer Abwärtstrendlinie, die seinen Kurs seit Oktober 2025 gedeckelt hat.
Wöchentlicher Gewinn des Tokens Aktueller Preis Schlüssel-Niveau, das man im Blick behalten sollte Setup Audiera (BEAT) +50% $3.78 $3.98 Widerstand (0.236 Fib) Post-Cup-and-Handle-Erholung Ondo (ONDO) +17% $0.41 $0.46 Ziel (über 0.786 Fib) Ausbruch aus der Akkumulation Ethena (ENA) +14.4% $0.0898 $0.13 Widerstand Versuch eines Trendlinien-Ausbruchs

Die Tesla-Aktie (TSLA) schloss letzte Woche bei 313,03 US-Dollar, fast 18% niedriger nach fünf Sitzungen und die stärkste wöchentliche Verlustserie seit 2022. Zwei separate Chart-Auswertungen zeigen nun 296 US-Dollar als das nächste Abwärtsziel.
Der Kursrutsch löschte die Unterstützungszone um 350 US-Dollar aus, nachdem die Ergebnisse fürs zweite Quartal Rekordumsätze mit einer deutlichen Gewinnverfehlung kombinierten. Erste Kursangaben im Frühhandel am Montag deuteten auf einen bescheidenen Erholungsversuch in Richtung 321 US-Dollar hin.
Gewinnwarnung setzt den Abwärtstrend in Gang
Tesla meldete 28,24 Milliarden US-Dollar Umsatz im zweiten Quartal, 26% mehr als im Vorjahr und über den Erwartungen. Allerdings verfehlten die bereinigten Gewinne von 0,33 US-Dollar je Aktie die Konsensschätzung von 0,51 US-Dollar, und die operative Marge sank auf 1,4%.

Zcash sperrt am Dienstag seinen größten privaten Pool, wenn das Ironwood-Upgrade bei Block 3.428.143 live geht. Ihre Coins bleiben sicher, aber Sie können nur Geld aus diesem Pool heraus bewegen – nicht hinein.
Der Pool hält 3,76 Millionen ZEC, im Wert von etwa 1,89 Milliarden US-Dollar, oder ungefähr 22 % aller ZEC, die sich in Umlauf befinden. Entwickler sagen, dass die meisten Inhaber heute nichts unternehmen müssen.
Was sich für ZEC-Inhaber am Dienstag ändert
Lassen Sie sich nicht hetzen. Ihr Kontostand bleibt innerhalb des gesperrten Pools sicher. Ihre alte Adresse funktioniert weiterhin, weil der neue Pool sie wiederverwendet.