SpaceX Slide and Kimi K3 Launch Fuel Fears of AI Stock Bubble
Key Takeaways SpaceX closed below $120 after seven consecutive declines, extending its loss from the $135 IPO price. Kimi K3’s strong reception reinforces concerns that Chinese developers can deliver competitive AI models at substantially lower prices. Upcoming SpaceX earnings, Starship…
ARK Buys the Dip on Musk’s SpaceX for $20.5 Million While Cathie Wood Trims Robinhood Stake
Key Takeaways ARK bought $20.5 million of SpaceX (SPCX) on July 20 across four of its ETFs. SpaceX shares traded near $119.85, down more than 45% from their June IPO price of $135. ARK trimmed Robinhood (HOOD) by $4.1 million…
Jim Cramer Calls the Market ‘Miserable’ as Oil, Tariffs, and Fed Hawkishness Rattle Wall Street
Key Takeaways Jim Cramer called the market “miserable” on July 21 amid oil, tariff and Fed pressure. WTI crude jumped 9.4% to $78.14 a barrel after Trump reimposed a Strait of Hormuz blockade. The Fed holds rates at 3.50%-3.75%, with…
[Op-Ed] Paul Soliman: Q-Day Is Coming: Why Governments, Blockchains, and Real-World Assets Must Prepare Now
Governments are no longer treating post-quantum security as a distant research problem. They are turning it into policy, procurement requirements, migration deadlines, and national infrastructure programs. Paul Soliman is the Founder and CEO/CTO of Hacktiv Colab Inc. and Chairman and…
White House Strikes CLARITY Act Ethics Deal as Trump Clears Senate’s Final Hurdle
Key Takeaways White House sent CLARITY Act ethics language to GOP senators on July 21. The provision targets conflicts tied to Trump’s $1.4 billion 2025 crypto income disclosure. Senate Republicans have until the roughly August 7 recess to pass CLARITY…
7-Eleven Expands Cashless Payments Across Nearly All Philippine Stores
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Philippine Seven Corp. (PSC), the exclusive licensee of 7-Eleven in the Philippines, announced that digital payment acceptance has expanded to…
Hut 8 Secures $9.8 Billion Texas AI Lease as Bitcoin Miners Pivot to Compute
Key Takeaways Hut 8 signed a $9.8B, 15-year lease for 352MW at Beacon Point, doubling the tenant to 704MW. Hut 8’s 949MW AI portfolio shows crypto miners shifting power assets toward long-term AI contracts. Hut 8 targets Q1 2027 energization…
Americans Lost $11 Billion to Crypto Scams Last Year. Most of It Ended at a Gas Station
Key Takeaways FBI logged 181,565 crypto complaints and $11.366B in 2025 losses, topping 50% of IC3 fraud. FBI said kiosk scams hit $389M in 2025, pushing Spokane and DC toward tougher oversight. Operation Level Up prevented $225.9M in 2025 as…
Vietnam to Fine Retail Investors for Trading Through Unlicensed Crypto Platforms
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Vietnamese government promulgated Decree No. 284/2026/NĐ-CP, establishing administrative sanctions for violations related to crypto assets and the crypto asset…
A Look at The Mechanics
Key Takeaways Grayscale filing seeks to convert ETHE and GSOL staking rewards into quarterly cash payouts starting around Aug. 7. GSOL currently stakes 100% of its SOL, generating roughly 6.1% in gross annual staking rewards. Ethereum trades near $1,857 and…
