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08-05

Bitcoin Funding Rate Turns Negative as Spot Buyers Push BTC Up 1.2%

Bitcoin’s perpetual futures funding rate has turned negative, meaning short sellers are now paying long holders to maintain their positions. Meanwhile, spot buyers pushed BTC up roughly 1.2% on the day, creating a divergence that veteran traders tend to watch very carefully.What negative funding act

Arthur Hayes Warns Debt-Fueled AI Expansion Could Trigger Crisis and Push Bitcoin to $1M

TL;DRArthur Hayes says debt-funded AI infrastructure could trigger a 2008-style credit crisis, prompting government liquidity that eventually sends Bitcoin beyond $1 million.He expects BTC to trade between $60,000 and $70,000, possibly falling toward $50,000 first, while Ether reaches $5,000 by year

Citadel Funds Gain 5.9%-14.2% in July After Buying Situational Awareness' AI Stocks

Three Citadel funds posted July gains after the firm bought a discounted portfolio of artificial intelligence stocks from Situational Awareness, the collapsed hedge fund run by former OpenAI researcher Leopold Aschenbrenner.Ken Griffin’s flagship Wellington fund rose 5.9% for the month. Almost all o

Fed’s Cook Signals Potential Rate Hike If Disinflation Trend Falters

Federal Reserve Governor Lisa Cook has indicated that the central bank is prepared to raise interest rates should the current disinflation trend fail to persist. Cook highlighted that inflation in 2026 is tracking about 1 percentage point above her expectations from a year ago, with core goods price

Marex Group Invests in Digital Prime Technologies to Support Tokenet Platform Growth

According to Cointelegraph, Marex Group, a Nasdaq-listed financial services company, made an undisclosed investment in Digital Prime Technologies, an institutional crypto infrastructure provider, to support the development of the Tokenet platform. Digital Prime stated that both the lending inventory

SPCX Plunges 11% After $15.8B AI Capex Shock and Share Unlock Concerns

SpaceX’s stock tumbled after a blockbuster AI spending reveal overshadowed solid earnings, stoking investor worry about runway, dilution and near‑term returns. Quick take - Q2 revenue: $7.8 billion vs ~ $6.8 billion expected — up 92% year‑over‑year from $4.1 billion. - Starlink remains the cash eng

Balyasny and Verition Post Losses Amid AI Stock Selloff

The AI trade, which spent the better part of two years making hedge fund managers look like geniuses, finally bit back. Balyasny Asset Management and Verition Fund Management both posted losses in July as a broad selloff in artificial intelligence stocks punished funds with exposure to the sector’s

Blockchain Capital Invests in Securitize After Tokenization Partnership

Sometimes the best way to sell someone on your product is to let them use it first. Securitize, the tokenization platform that went public through a SPAC merger on July 1, 2026, counts Blockchain Capital among its most committed backers, and that relationship started because Blockchain Capital was o

Strategy Joins Invest America Pledge to Boost Children's Financial Futures

Strategy Inc. announced a new financial benefit that will help eligible employees build long-term savings for their children through Trump Accounts. The company plans to contribute $250 annually for every eligible child under 18 of its U.S. employees. Additionally, Strategy will match the federal go

Ondo Crypto Faces Selling Pressure Amid Weak Breakout and Bearish Market Sentiment

In the past 24 hours, the Ondo Finance [ONDO] token rallied by 2.24%, with a daily trading volume increase of just over 2%. The Open Interest also rose by 1.95% for the day.Yet, the altcoin has faced an 11.3% drawdown since it made a local high at $0.427 last Thursday, July 30.The decline followed s

Bitwise CIO: Crypto Markets Will Advance Even If Clarity Act Misses Senate Deadline

Crypto markets will continue advancing even if Congress fails to pass the Clarity Act before the Senate’s August recess, according to Bitwise Chief Investment Officer Matt Hougan.In a Tuesday report, Hougan described this week as a critical period for the legislation, which seeks to establish a comp

SpaceX Stock (SPCX) Faces Bearish Pressure Amid Rising AI Spending

Key Insights:SpaceX stock (SPCX) price risks downside after it was revealed that AI spending has been rapidly burning through cash.SpaceX quarterly earnings surpass expectations.A major investment firm lowers its SpaceX stock price target due to valuation concerns.The SpaceX stock price has kicked o

Sen. Lummis Pushes for CLARITY Act Vote Before August Recess

The Senate’s window to pass a comprehensive cryptocurrency market-structure bill is narrowing fast, with the chamber scheduled to enter its August recess within days and lawmakers still not clearly signaling a vote date. The pending legislation is the Digital Asset Market Clarity (CLARITY) Act, a pr

US Government Promotes Open-Source AI as Global Standard Amid China Competition

The United States just made its AI ambitions about as subtle as a neon sign in Vegas. Which is fitting, because National Cyber Director Sean Cairncross chose the Black Hat conference in Las Vegas to announce that the US wants its open-source AI models to achieve what he called “preferential adoption

Fireblocks Overhauls Transaction Handling to Prevent Queue Stalls

If you’ve ever been stuck behind someone paying with exact change at a toll booth, you understand the core problem Fireblocks just solved. On EVM-compatible blockchains like Ethereum, transactions must be processed in strict numerical order using something called a nonce. When one transaction stalls

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