Cash Cat takes the throne of the Robinhood Chain again after Q2 earnings results
In short CASHCAT surges 16% and returns to first place on the Robinhood Chain Token still traded below its highest on July 11 by 79% Vlad Tenev's latest search on X has CASHCAT during a meeting announcing earnings results Read the original story: Cash Cat takes the throne of the Robinhood Chain again after Q2 earnings results announcement by Kamina Bashir at th.beincrypto.com
Ethereum Foundation appoints new board member—what will he do for ETH?
In short The Ethereum Foundation appoints Pascal Caversaccio, or PC, to join the board of directors PC co-founded SEAL 911 and wrote the Ethereum Cypherpunk Manifesto in 2024 The board currently consists of Miyaguchi, Buterin, Storchenegger, and Caversaccio Read the original story: Ethereum Foundation appoints new board member—what will he do for ETH? By Phil Haunhorst at th.beincrypto.com
Asian stocks move in opposite directions after the U.S. Fed remains divided, keeping global markets on alert
In brief Japan’s Nikkei rises while South Korea’s KOSPI falls; Asian stocks trade mixed Fed keeps interest rates unchanged after a 9-3 vote, the most divided outcome under Warsh Brent crude oil holds steady below $90 per barrel after prices surged on Wednesday following Iran’s attack again
SpaceX shares continue to fall despite securing a 1.6 billion USD deal with Space Force
In brief SpaceX shares fell 3.32% on Wednesday despite just winning an order from the U.S. Space Force worth 1.6 billion USD The U.S. Space Force assigns 18 Falcon 9 missions through 2027 for missile-tracking satellites SpaceX wins a contract from the U.S. Department of Defense this year totaling over 7 billion USD
Hyperliquid pulls its first company from Japan as a U.S. fund sells off USD 27 million
In brief Eole in Japan buys HYPE tokens, 1,078 tokens for the first time, for a Japanese public company HYPE spot fund in the U.S. loses USD 27 million in ten trading days HYPE drops 19.4% in 1 month, worst among the top 20 coins Read the original story: Hyperliquid pulls its first company from Japan as a U.S. fund sells off USD 27 million, by Kamina Bashir at th.beincrypto.com
Pi Network begins the 9th protocol upgrade before the final version 27
In short PI surges 6.66% after Pi Network starts rolling out Protocol 26 upgrades Mainnet node providers must upgrade by August 11 Protocol 27 will be the final upgrade scheduled in sequence Read the original Pi Network story: the protocol upgrade begins with the 9th upgrade before the final version 27 by Kamina Bashir at th.beincrypto.com
Kioxia may prepare dividends and share buybacks after its shares drop 65%
In brief Kioxia shares fall 65% from their peak in June, with a value lost of more than USD 245 billion An analyst believes that the increasing losses make the opportunity to buy back stocks higher Kioxia reports first-quarter results for the fiscal year on Friday, July 31
The Fed has not acted yet the outcome backfires—why is that?
In brief Fed keeps rates unchanged on Wednesday, but bond yields jump higher The yield on the U.S. government 30-year bond touched 5.21%, the highest since 2007 Traders and economists say that Warsh’s inaction is not a rate hike, causing the bond market to fluctuate
Luno lays off employees, raising warning signs amid the shutdown of crypto trading websites
In short Luno cuts employees worldwide by 20%. CEO James Lanigan confirms it. The layoffs occurred after AscendEX, BitMEX, and BitMart shut down three weeks ago. This year, big technology companies have reduced their workforce, but questions have followed.
Samsung profit surges 1,800% on strong AI chip demand, smashing the quarterly record
In short Samsung operating profit surges 1,800% to 89.5 trillion won year-on-year Demand for server memory surges, boosting Samsung's chip business to record highs The results came after heavy selling on Wednesday amid concerns over the value of AI
Wall Street sees its heaviest drop since April 2025—has the Fed lost confidence in the market?
In brief Dow Jones drops 1,153 points on Wednesday after the Fed holds interest rates steady Three FOMC officials disagreed, pushing for a rate hike instead of keeping rates unchanged U.S. government bond yields on the 10-year tenor hit the highest level since 2007
Lummis, an outspoken supporter of the Clarity Act, was targeted by a crypto scam hack
In brief X account verified to belong to Lummis temporarily posted a fake Solana token before deleting it Scam posts targeted supporters of lawmakers who backed the Clarity Act during a key push While publishing the news, Lummis’s office has not yet confirmed the agreement
Microsoft shows standout Q4 results, with Azure growth driving the AI boom—how should traders devise strategy?
In brief Microsoft has Q4 revenue of 90 billion USD, while Azure grows faster at 43% Stocks rise above USD403 after trading hours, while Bitcoin stalls near USD63,500 Spending on investment hits 115.9 billion USD in fiscal year 2026 tests AI return resilience
Robinhood’s crypto revenue beats expectations even after a 38% drop—how will the stock react?
In brief Robinhood posts Q2 crypto revenue of USD100 million, higher than the target of USD86.6 million Crypto revenue fell 38% year-on-year as app trading volume hit 18 billion USD HOOD shares closed down 3.15% at USD 89.84 and weakened further after the market closed
Meta revenue beats expectations, but AI costs drag profits: Will the stock soar or not
In brief Meta’s revenue jumped 28% despite profit facing pressure from AI investments Spending on AI infrastructure pushes the 2026 capex outlook to as high as USD 145 billion Growth of advertising stands out even as earnings per share and margins decline
Binance.US prepares to apply for a CFTC license to open a prediction market in the United States
In brief Binance.US plans to apply for designated futures market status from the CFTC next month Stephen Gregory CEO reveals a plan on stage at Rare Evo in Las Vegas The forecast market size is expected to reach 25 billion USD in the United States under the oversight of the CFTC in 2025
Move forward: Warsh recommends after the Fed watches inflation; SPY, bonds respond
In short Varsh suggests the market focus on the game, not the referees Fed Chair defends the 2% target and disagrees with easing the goal SPY turns green again, U.S. Treasury yields fall. Bitcoin stays steady near USD 64,237 Read the original story. Move forward: Warsh recommends after the Fed monitors inflation; SPY, bonds respond by Lockridge Okoth at th.beincrypto.com
Bitcoin and gold jump after the Fed holds rates; Fed committee votes 9 to 3
In brief The Fed keeps interest rates at 3.50% to 3.75%, with three officials supporting a rate hike Bitcoin jumps to near 64,700 USD, gold hits 4,084 USD within minutes Swap market does not fully price in the chance of a rate hike in September
Is it legal for Anthropic to destroy millions of books to train Claude?
In brief Anthropic buys millions of old books, cuts and separates them, and then discards the paper A federal judge ruled that scanning and destroying books you own is legal Court approves payment of compensation for copyright infringement of USD 1.5 billion on July 20
Trump’s Truth API worth USD100,000 faces calls for U.S. SEC investigation: two case examples...
In brief Warren and Schiff ask the U.S. SEC to investigate Trump Media’s paid Truth API service Trading firms will receive posts that affect Trump’s market price before the public The regulators blocked two similar early-access agreements in 2013 and 2014
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