Crypto Maxx

The stablecoin market size is currently smaller than it was on January 1st.

🇺🇸 The US market has almost doubled since the “sell” tweet posted by Michael Burry in January of last year.

😂 😂

The White House will host cryptocurrency industry executives next week, reviving discussions about the “CLARITY” bill that was frozen.
#USJulyCPI&PPIDueThisWeek

Bitcoin’s price fell again to below $63,000, leading to the liquidation of $48 million in cryptocurrencies over the past hour, including $45.7 million from long-term positions.

The Growing “AI Bubble” With Nvidia’s Lead in a $500 Billion Funding Drive

The “AI bubble” is expanding, with rising potential risks of a collapse.
Nvidia is partnering with Apollo Global, Blackstone, BlackRock, Brookfield, Goldman Sachs, and KKR to raise roughly $500 billion to develop AI infrastructure.

This group aims to meet the growing demand for building data centers. The combined spending on infrastructure by these companies is about $730 billion annually.

Coin $EDEN moves gradually with an increase in trading volumes

Waiting for confirmation and a rise above 5 cents again

The KOSPI index rose 22% from its lowest level in July, and gained 4.4% today, as Samsung and SK Hynix led the rise in smart-chip stocks.

Michael Burry continues to bet against the AI stock wave, at a time when the market seems to be challenging this bet entirely.

Burry recently disclosed bearish positions in Oracle and Nebius, and it appears he is betting against the semiconductor sector via the SOXX fund, with a short position in Micron as well.

What’s interesting to me isn’t just that Burry is betting against these companies—it’s that he’s doing so despite the strong upward momentum in the AI sector.

Personally, I don’t think a stock rise in a single day means Burry is wrong, or that his bet will necessarily succeed. In the end, the real wager here is bigger: will the growth and future earnings of AI companies justify the high valuations the market assigns to them, or has the current excitement outrun the fundamentals?

Burry believes there is significant exaggeration in spending and investing in AI infrastructure, and he specifically warns about commitments and debt, along with execution risks at some companies.

From my perspective, this is one of the most compelling battles in the market right now: are we looking at a true technological revolution that deserves these valuations, or is this a speculative wave that will ultimately need to correct?

Most importantly: I don’t think the outcome of this bet will be decided by the movement of a stock in one day, but by the numbers and earnings over the years to come.

SpaceX, Elon Musk's company $SPCX rose by 40% over the past five days, adding $530 billion to its market value.

Trump faces a lawsuit over his plans to sell faster access to his posts on the "Truth Social" platform.

▶️ Consumer price index records exactly the expected results:

Headline figure: +3.4% year-on-year versus expectations of 3.4%.
Core figure: +2.5% year-on-year versus expectations of 2.5%.

These results are slightly positive for bonds and for technology-company stocks that are sensitive to interest rates, but most of these expectations were already priced in.

At the moment, the U.S. central bank is still expected to keep interest rates unchanged.

Latest developments in the Harmony case:

Well-known investigator tracing cryptocurrency transactions, ZachXBT, refused to assist Harmony in tracking funds linked to a $4 billion exploit of the $ONE token, urging other researchers not to provide this kind of work for free.

ZachXBT explained that his position stems from what happened after Harmony’s previous $100 million hack in 2022, which was attributed to a group associated with North Korea. According to him, some people helped freeze the funds at the time, but they received no compensation—other than praise from the company for their efforts.

ZachXBT’s comments come after Harmony asked trading platforms to freeze four wallets believed to be connected to the recent exploit.

The value of gold and silver combined increased by $3.1 trillion over 7 trading days.

A Harmoni coin suffered a massive hack that resulted in a loss of 4 billion $ONE and a 38% drop in the value of the token.

According to CoinDesk, the head of the Securities and Exchange Commission, Paul Atkins, is taking separate steps to implement the “Crypto Asset Regulation” rules after the Senate postponed the vote and he went on recess.

These rules aim to develop a digital token classification system established by the SEC in cooperation with the Commodity Futures Trading Commission (CFTC) by creating registration exemptions and safe harbors for the launch of digital tokens.

The U.S. Commodity Futures Trading Commission (CFTC) has filed charges against "Juliath Ventures" and its chief executive officer regarding an alleged $400 million fraud scheme.

Investing isn’t a risk… ignorance is the real risk

🔹 Not investing exposes you to slow losses due to inflation.

🔹 Knowledge reduces risks and increases chances of success.

🔹 The wealthy study before they invest—not after a loss.

🔹 The biggest risk is staying completely out of the game.

#SecretsOfWealth