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08-03
Ripple Invests in UK Firms ZILO and Licuido to Boost XRP Ledger Adoption
Ripple has bought stakes in two small UK companies, ZILO and Licuido. Both add pieces the XRP Ledger (XRPL) needs before big funds will use it.Ripple did not say what it paid. The deals land five days after Aviva Investors put a fund on XRPL as a token.SponsoredSponsoredWhat Ripple Bought With the Z
Situational Awareness Loses 67% in July, Sells $16B Portfolio to Citadel
The hedge fund that became synonymous with the AI trade just learned a brutal lesson about leverage. Situational Awareness, the fund run by 24-year-old former OpenAI researcher Leopold Aschenbrenner, lost roughly 67% of its value in July, forcing it to dump most of its public equity holdings to Cita
Bitcoin's Coinbase Premium Index Hits 77 Consecutive Days in Negative Territory
TL;DR:Bitcoin fell below $63,000 on Monday and the Coinbase Premium Index has accumulated 77 consecutive days in negative territory.The index registers a discount of -0.1369% according to Coinglass, the longest negative streak in the indicator’s history.Bitcoin ETFs in the U.S. received $172.43 mill
Bernstein Warns of Crypto Selloff if Clarity Act Fails to Pass
Wall Street broker Bernstein said failure to pass the Clarity Act this year would likely trigger another selloff in crypto markets, but argued U.S. regulators would respond by accelerating rulemaking to provide greater regulatory certainty for the industry.The broker said in a note on Monday that pr
Bitmine Adds 10,399 ETH, Treasury Near 5.8 Million Coins
Bitmine Immersion Technologies, the largest global owner of ETH, has continued with its aggressive accumulation strategy by adding 10,399 coins over the past week.Its treasury has consistently increased over the past year and now stands at 5,797,813 ETH – just shy of the 5.8 million milestone.Anothe
Deutsche Bank Raises S&P 500 Earnings Forecasts for 2026 and 2027
On August 3, Deutsche Bank raised its earnings outlook for the S&P 500, forecasting that S&P 500 earnings per share (EPS) will reach $358 in 2026, up from $342, and increasing the 2027 EPS forecast from $390 to $420. Deutsche Bank attributed the upgrade to strong second-quarter corporate earnings re
Amazon's market cap exceeds $3.05 trillion, reaching an all-time high.
Odaily Planet Daily report: At the open, Amazon, the world’s largest cloud provider, rose over 4%, with a market capitalization of $3.05 trillion, surpassing its all-time high. Amazon Web Services (AWS) revenue growth reached its highest level in 18 quarters. The company raised its full-year 2026 ca
U.S. AI software sector rises, Snowflake surges over 6%
Odaily Planet Daily report: According to MSX.COM data, the U.S. stock market’s AI application software sector rose, with Palantir up over 2%, Snap up nearly 4% ahead of its after-hours quarterly earnings release, Snowflake up over 6%, ServiceNow up over 5%, Salesforce up nearly 4%, Adobe up over 3%,
Marvell to Launch AI Infrastructure Memory and Storage Solutions
Data infrastructure semiconductor company Marvell Technology has announced that it will unveil its memory and storage solutions for AI infrastructure from August 4 to 6. Marvell states that as agentic AI inference scales up, memory capacity, bandwidth, and data connectivity are becoming as critical
India's ED Seizes Over 13.1 Million Rupees in Assets from Bitcoin Fraud Suspect
According to the official account of India’s Enforcement Directorate (@dir_ed), the Dehradun Regional Office provisionally seized assets worth approximately ₹8.54 million on July 31, 2026, under the Prevention of Money Laundering Act (PMLA), 2002, targeting Hemant Ishwar Sharma, who is suspected of
Bitmine Immersion Technologies Adds 10,399 ETH, Total Holdings Reach 5.7978 Million ETH
According to PRNewswire, Bitmine Immersion Technologies increased its holdings by 10,399 ETH last week and now holds 5,797,813 ETH, 2,069 BTC, equity in Eightco Holdings worth $61 million, and shares in Beast Industries worth $173 million.
Michael Saylor's strategy sells $105 million in Bitcoin, holdings drop to 842,138 BTC
Michael Saylor sold $105 million worth of Bitcoin, reducing his holdings to 842,138 BTC, while also selling $291 million in MSTR shares and purchasing $81 million in STRC shares. (Bitcoin Archive)
Zenity Secures $125M Series C Led by SoftBank, Hitachi, and LG
Zenity, a Tel Aviv-based cybersecurity startup focused on securing AI agents inside corporate environments, has raised $125 million in a Series C funding round. Norwest led the round, with SoftBank Vision Fund 2, Hitachi Ventures, and LG Technology Ventures joining as new investors.From low-code sec
BlackRock Launches BSTBL and BRSRV Tokenized Money Market Funds on Ethereum and Multiple Blockchains
BlackRock filed SEC registration statements for two new tokenized money market funds, BSTBL and BRSRV, on May 8, 2026, each targeting a different corner of the on-chain economy with one clear goal: giving crypto users access to Treasury yields without leaving the blockchain.Two funds, two strategies
Solana Proposes Aggressive Tokenomics Overhaul with SIMD-0550 and SIMD-0553
Solana is taking another swing at tightening its monetary policy. Two governance proposals, SIMD-0550 and SIMD-0553, are advancing through the network’s voting process this week, and together they represent the most aggressive tokenomics overhaul Solana has attempted since the failed SIMD-0228 vote
