Bessent Slams CLARITY Act Critics, Demands Senate Action Now
Key Takeaways Bessent says the CLARITY Act strengthens compliance standards for crypto intermediaries. The Treasury chief defended protections for noncustodial developers and cited police support. Senate leaders face growing political pressure to bring the bill to the floor. Bessent Pushes…
Central Bank Gold Purchases Jump 62% to 288.9 Tonnes in Q2
Key Takeaways Central bank gold demand hit a Q2 record of 289 tonnes, rebounding sharply from a weak Q1. Poland led purchases to near its 700-tonne goal, while China accelerated buying and Russia sold. Most central banks plan to continue…
Reno Casino Win Jumps 20% as Vegas Strip Slips Despite Conventions
Key Takeaways Reno casino win jumped 20.3% to $81.6M, its second-best month on record. Strip win fell 1.4% to $754.7M as baccarat volume dropped 22.2%. Convention attendance rose 25.8%, but Strip room rates declined 5.1%. Conventions and a World Cup…
Bitcoin Mining and AI Infra Stocks Rocket as Shorts Get Burned
Key Takeaways Keel Infrastructure led gainers with a 29.13% jump to $4.10 on July 30, 2026. Citadel absorbed a hedge fund’s liquidated stock positions across major miners like IREN and Riot. Hut 8’s $9.8 billion Texas lease signals miners are…
Fed Hike Odds Surge as Warsh Unleashes Hawkish Warning
Key Takeaways The Fed held rates at 3.50% to 3.75% on July 29 in a 9-3 vote with three dissents. CME Fedwatch odds for a September 16 hike rose to 61.4%, up from 50.6% a month ago. Kalshi and Polymarket…
Hyperscale Data Sells 100 BTC to Fuel $3B AI Data Center
Key Takeaways Hyperscale Data sold about 100 bitcoin on July 30, 2026, worth roughly $6.5 million at the time. Alliance Cloud Services’ 20 MW contract with a neo-cloud client could grow past $3 billion in total revenue. GPUS now holds…
Robinhood Pulls in $1.31B Q2 Revenue as 44% Trading Surge Fuels Record Profit
Key Takeaways Robinhood posted $1.31B in Q2 revenue on July 29, driven by strong trading volume. Event contracts on Robinhood surged over 10x to $156M, signaling a retail shift in trading trends. CEO Vlad Tenev aims to expand Robinhood using…
Fortitude Invests $45M in Zcash Mining Infrastructure to Drive Vertical Integration
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The expansion includes a $31.5 million miner purchase commitment…
New Prontera Launches ‘Hacker House’ Series on Building Bagyo.app
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. New Prontera Technologies Corp. announced July 29 the public rollout of “Hacker House,” a build-in-public docu-reality series following the developers…
Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The settlement canceled the existing contract and all future…
