BeInCrypto DE

Short & sweet
The New York City Council is investigating four prediction market platforms for their marketing practices.
Spokesperson Julie Menin gives the platforms 14 days to disclose their marketing and user data.
Attorney General Letitia James has already taken action against several registered platforms.
Read the original story NYC Council investigates four prediction markets: Allegations of questionable advertising by Kamina Bashir on de.beincrypto.com

Briefly & to the point
Forward Industries reports a loss of 69 million USD in the third quarter; Solana write-downs weigh on results
As of June 30, the company held 7.55 million SOL; the SOL share per stock increases by 9%.
Revenue quadrupled to 10.8 million USD; FWDI fell 1.36% after-hours.
Read the original story Solana write-downs cause Forward Industries to record a loss of 69 million USD in the third quarter by Kamina Bashir on de.beincrypto.com

Short & to the point
Michael Burry warns: The longest quiet period on Wall Street in decades points to problems
BTIG data shows: 182 trading days without a comprehensive sell-off on Wall Street
Burry: Avoiding leverage is crucial in this market cycle
Read the original story by Michael Burry’s latest warning: AI mega-caps quietly determine the market by Darryn Pollock on de.beincrypto.com

Short & sweet
In the Core3 model, GSR reduces Bitcoin exposure to 16.9%, the lowest value among the three assets
Solana becomes the largest position in the model with 43.6%, overtaking Ether.
SOL gained 2.98% over the past week, while BTC and ETH each fell.
Read the original story Crypto trading model by GSR reduces Bitcoin exposure to 17%, increasingly betting on Solana by Darryn Pollock at de.beincrypto.com

Briefly and to the point
Goldman: Japan can finance further interventions to support the yen
Tokyo deployed around 85 billion USD over two days in July.
A rate hike by the Bank of Japan in September could determine the next move for the yen.
Read the original story Goldman Sachs: Japan has a 1 trillion USD reserve—more yen interventions possible? by Darryn Pollock on de.beincrypto.com

Short & sweet
SpaceX: The share of short selling falls to 11% of the free float, after a previous peak of 34%
The stock rises by 41% from the low point on August 3, as short sellers close their positions.
Bob Sloan of S3 Partners describes SpaceX as the most speculative investment on the market.
Read the original story SpaceX: Short interest drops to eleven percent, will the bears back off? by Darryn Pollock on de.beincrypto.com

Briefly & to the point
Novo-Nordisk CEO Mike Doustdar confirms: Eli Lilly gains market share from Novo
Doctors have issued more than five million oral Wegovy prescriptions since January 2026.
NVO shares fall on August 4 by around 6%, despite the quarterly results exceeding expectations and being raised.
Read the original story Novo-Nordisk CEO admits Eli Lilly gains market share; stock falls from Darryn Pollock on de.beincrypto.com

Briefly and to the point
An attacker steals 25.6 million USD in crypto from an unknown whale
PeckShield reports that the hacker is now holding the funds in four addresses.
The same wallet lost 24.24 million USD in September 2023 due to phishing.
Read the original story: Crypto wallet loses 25.6 million USD, two years after a 24-million-USD phishing attack by Kamina Bashir on de.beincrypto.com

Brief & to the point
Aditya Bhave from BofA confirms forecast of three US key rate hikes, despite July CPI
Consumer prices rise in July by 0.1% to 3.4% per year, forecasts confirmed
Bhave calls for the Fed to reverse 75 basis points in premature rate cuts.
Read the original story BofA manager still expects three Fed rate hikes after the July CPI by Darryn Pollock on de.beincrypto.com

Briefly and to the point
Taiyo Yuden rises by 7.51% following news of an investment in Japan by Situational Awareness
In July, the Fund’s share reached its highest level at 16.61%, before falling to 4.41%.
Margin calls reduce the Fund’s assets under management from 45 billion USD to 10 billion USD
Read the original story: Taiyo Yuden rises by 7% after the Situational Awareness investment, but the fund has already sold by Darryn Pollock on de.beincrypto.com

In short
Wall Street expects Nvidia to generate revenue of 92 billion USD and to double earnings per share.
Nvidia exceeds its own forecast for three consecutive quarters by at least 3 billion USD
Its own forecast points to the lowest quarterly growth in more than a year.
Read the original story Nvidia quarterly results in fourteen days: What can you expect from the NVDA stock? by Lockridge Okoth on de.beincrypto.com

Short and to the point
Norway’s sovereign wealth fund, with USD 2.3 trillion, reveals for the first time its SpaceX stake of more than USD 1.2 billion
The same fund voted against two compensation packages for Elon Musk at Tesla.
A record profit of USD 184.9 billion in the first half came mainly from Asian semiconductor stocks.
Read the original story The world’s largest sovereign wealth fund buys SpaceX shares worth USD 1.2 billion from Lockridge Okoth on de.beincrypto.com

Short & to the point
Japan records nominal growth for the first time in decades, reports JPMorgan.
The end of deflation means interest-rate hikes, putting pressure on the favorable yen carry trade.
The decline in 2024 lowered the Bitcoin price by 25%; the next test will follow until October.
Read the original story: Japan: After decades of economic crisis, negative consequences for crypto are looming, by Lockridge Okoth on de.beincrypto.com

Short & sweet
CryptoQuant: Bitcoin forms a macroeconomic floor, but capitulation has not yet been completed
Probability of a Fed pause rises to 61.9% after July inflation falls to 3.4% year-on-year
Gold rises by 0.5%: Traders drop interest-rate hike bets within a few weeks
Read the original story: Gold price rises after July inflation data, Bitcoin remains unchanged: These are the reasons given by Lockridge Okoth on de.beincrypto.com

Short & sweet
Press groups sue US President Trump, demanding public access to presidential statements.
Truth API sells contributions by US President Trump to trading companies for up to USD 100,000 per month.
The lawsuit claims that government information may not become a private source of income.
Read the original story Who owns the tweets of the US president? Nationwide lawsuit calls for a decision by Lockridge Okoth on de.beincrypto.com

Short & concise
Google Pixel 11 offers minor hardware improvements, and Pro models start with less RAM than last year
Prices rise by 100 USD as the costs for smartphone memory increase significantly
Alphabet stock loses gains during the presentation of the Pixel 11
Read the original story: Google introduces Pixel 11: Alphabet stock falls after disappointing launch by Mohammad Shahid on de.beincrypto.com

Brief & to the point
Solana was on the verge of a shutdown: 86% of capacity was reached, and hardly anyone noticed it
A routing error took 28.83% of the staked SOL offline for 33 minutes.
A hosting network holds 27.34% of the share, which is more than Solana’s own threshold of 25%.
Read the original story: Solana was only 5% away from a network outage—Should SOL holders be worried? by Lockridge Okoth on de.beincrypto.com

Brief & to the point
Consumer prices rise by 3.4% in July; forecast meets expectations; core inflation falls to 2.5%
The likelihood of a Fed rate hike in September, following a weak U.S. jobs report in July, is around 46%
Bitcoin was trading at about 64,039 USD, while traders weighed the Fed’s next steps.
Read the original story U.S. inflation remains at 3.4%: Is Bitcoin avoiding a Fed rate hike in September? by Lockridge Okoth on de.beincrypto.com

Briefly & to the point
Trading volume on Ethereum DEXes has halved since spring; nevertheless, capital is still tied up at around 42 billion USD
Whales have discreetly reduced around 3 billion USD in ETH since August 10, while the price remained stable
The Ethereum price has stalled for the seventh time at 1,915 USD; the eighth attempt will decide the direction
Read the original story Why does the Ethereum price stay below 2,000 USD? by Ananda Banerjee on de.beincrypto.com

Short & sweet
Chainlink: Whale transactions reach a 5-month high after a $200 price forecast from Standard Chartered
Wallets holding 100,000 to 10 million LINK now hold 46.57% of the token supply.
Spot LINK ETFs record only $150,307 in inflows after two weeks with no inflows
Read the original story Whales buy Chainlink more aggressively following a 2030 price forecast from Standard Chartered by Kamina Bashir on de.beincrypto.com