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08-06

Eightco Holdings Discloses $378 Million in Assets, Including 16,278 ETH and 302 Million WLD Tokens

According to Chainwire, Nasdaq-listed Eightco Holdings reported that, as of August 5, it held $90 million in OpenAI equity, $18 million in Beast Industries equity, 16,278 ETH, nearly 302 million WLD tokens, and $142 million in cash and cash equivalents, for a total asset reserve of approximately $37

Citi Raises Microsoft Stock Target to $600 After Azure Earnings Beat

Microsoft (NASDAQ: MSFT) is back in focus after reporting stronger-than-expected fiscal fourth-quarter 2026 results, prompting Citi to raise its price target on the stock while reaffirming its bullish outlook.The technology giant exceeded Wall Street expectations on both revenue and earnings, powere

Amazon and Alibaba Pursue Divergent AI Strategies, Impacting Crypto Infrastructure

Two of the world’s largest tech companies are making billion-dollar bets on artificial intelligence. They just happen to be betting on completely opposite things.Amazon is shutting down its in-house AI model development. Alibaba is doubling down on it. The divergence tells us something important abo

US Jobless Claims Hit 57-Year Low, Fed Closely Monitoring

Initial jobless claims fell to a seasonally adjusted 187,000 for the week ending July 18, 2026, according to data released by the US Department of Labor on July 23. That’s the lowest reading since September 6, 1969.The drop was 22,000 from the previous week’s revised figure of 209,000. Economists ha

OpenAI Acquires Rain AI Patents Amid Failed Acquisition Talks

ChainCatcher report, according to The Information, OpenAI has acquired certain patent assets from AI chip startup Rain AI, following prior negotiations between the two parties that ultimately did not result in a completed transaction. Rain AI is a startup focused on developing AI chips, founded app

Western Digital CPO: Flash for Now, HDD for Long-Term AI Storage

ChainCatcher report: Ahmed Shihab, Chief Product Officer at Western Digital, posted that the key to AI storage competition is not merely pursuing the fastest media, but rather the ability to scale capacity sustainably at an affordable cost. He noted that many architectures function well initially, b

Western Digital: AI storage success depends on cost-effective capacity, not flash versus HDD

Odaily Planet Daily reports: Ahmed Shihab, Chief Product Officer at Western Digital (WD), stated that as AI infrastructure expands rapidly, the core competition in storage should not be simplistically framed as a battle between flash and hard disk drives (HDDs), but rather on the ability to build AI

SP500 rebound driven by options hedging; experts warn of potential sell-off

Odaily Planet Daily reports: The rebound of the S&P 500 index is not due to improved fundamentals, but rather hedging and position covering? Experts warn that as the "options windfall" fades and technical indicators become overbought, the market may soon return to being tested by fundamentals. Recen

Paramount's $110B Warner Bros. Takeover Gets UK Regulatory Approval

The UK’s Competition and Markets Authority has approved Paramount Skydance’s $110.9 billion acquisition of Warner Bros. Discovery, removing one of the last significant regulatory barriers standing between Hollywood and its largest-ever corporate marriage.The deal, announced on February 27, 2026, val

Mohamed Salah Joins Trabzonspor in €17M Deal, Highlighting Crypto and Fan Token Opportunities in Turkish Football

Mohamed Salah, one of the most marketable athletes on the planet, has signed a two-year deal with Turkish Super Lig club Trabzonspor worth €17 million per season. The free transfer, announced on August 6, 2026, after Salah’s departure from Liverpool, instantly makes Trabzonspor one of the most comme

Bitcoin's Future Tied to CLARITY Act as Senate Has 48 Hours to Move Forward

The CLARITY Act has roughly 48 hours to reach the Senate floor. Majority Leader John Thune has still not filed the cloture motion that any vote depends on.Kevin O’Leary says Bitcoin (BTC) goes nowhere until the bill becomes law. That turns a procedural deadline into a market one.A lot of investors e

Mirendil Secures Over $100M in Compute Power from Google Cloud for Self-Improving AI

According to TechCrunch, AI startup Mirendil has entered into a multi-year partnership with Google Cloud, securing over $100 million in computing power to support its self-improving AI research. Benham Neyshabur, co-founder and CEO of Mirendil, stated that the agreement is valued at approximately ha

OpenAI Acquires Rain AI Patents After Failed Acquisition Talks

According to The Information, OpenAI has acquired certain patent assets from Rain AI, an AI chip startup, after earlier negotiations for a full acquisition fell through. Rain AI, a startup focused on developing AI chips, was founded approximately eight years ago and had investors including Sam Altma

BlackRock's IBIT and ETHA Capture $305M in ETF Inflows on August 5

BlackRock’s IBIT and ETHA dominated a $305 million wave into U.S. spot crypto ETFs on August 5, taking over 80% of the day’s total inflows, according to data tracked by SoSoValue and highlighted in the original report.The $197 million that entered IBIT added to its lead as the largest spot bitcoin E

Block Quietly Adds 85 BTC to Treasury, Now Holds 9,117 BTC

Block Inc. quietly added 85 BTC to its corporate treasury, lifting its holdings to 9,117 BTC and moving the Jack Dorsey-led company up to 15th place on Bitcoin Treasuries.NET’s Bitcoin 100 list. The purchase was posted on X by Bitcoin Treasuries.NET, but the update did not disclose when the buy occ

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