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07-31
Michael Burry Adds Short Positions in Micron and NVIDIA; Samsung Executive Buys Stock
HuoXing Finance report: On July 31, here is a summary of key pre-market news in U.S. equities:
1. Michael Burry, the real-life inspiration for "The Big Short," has further increased his short position in Micron Technology (MU) at an average entry price of approximately $880; he has also continued
Newcastle's BYDFi Partnership Faces Test Amid Bruno Guimarães Transfer Rumors
Bruno Guimarães didn’t board Newcastle United’s flight to La Manga, Spain on July 31. That’s a football story on its surface, but underneath it sits a question crypto investors should be asking: what happens to a club’s digital assets when its most valuable human asset might walk out the door?The Br
TD Cowen lowers Sharplink's target price to $13, maintains 'Buy' rating
PANews, July 31: According to The Block, investment bank TD Cowen has lowered its price target for Sharplink Gaming (stock symbol: SBET) from $16 to $13 while maintaining a "Buy" rating, primarily due to a downward revision of its Ethereum (ETH) price forecast for the end of 2026. The firm reduced i
New York Sues Kalshi for Operating Unlicensed Gambling Platform
The lawsuit alleges that Kalshi acted as an unlicensed gambling operator, stressing that prediction markets meet the legal definition of gambling as the outcomes of event contracts “are uncertain and outside the control of the bettor or hinge on a game of chance.”Key TakeawaysNew York sued Kalshi fo
Bitcoin Mining Difficulty Drops 19.9% Amid Miner Capitulation and AI/HPC Shift
Bitcoin miner capitulation deepened in July as network difficulty plunged 19.9% from its peak, marking one of the steepest drawdowns since ASICs supplanted GPUs in the mining era.
Quick take
- Difficulty fell to 126.23 trillion after a 0.74% cut on July 25, following a larger 5% adjustment on July
Quantum Sells 1,000 ETH, Hyperscale Monetizes BTC for AI Data Center Projects
Headline: Crypto treasuries pivot to AI buildouts — Quantum sells ETH, Hyperscale monetizes BTC and taps a Bitcoin-backed loan
Two listed crypto-treasury companies redirected part of their digital-asset war chests toward AI data-center projects on July 30, highlighting a growing pattern of crypto f
NEAR Launches Onchain AI Payment System Using Staked Tokens
NEAR Protocol has rolled out a novel way to pay for AI: stake tokens, don’t swipe a card.
What’s new
- NEAR now lets users lock NEAR tokens as a payment vehicle for its NEAR AI platform. Staked tokens convert into monthly “compute credits” that can pay for confidential model inference and always-on
Tech Giants Boost Q2 CapEx to $165B, Focusing on AI Expansion
Amazon, Google, Microsoft, and Meta have collectively increased their capital expenditures to $165 billion in the second quarter, marking an 87% rise from last year and a 393% increase over the past three years, according to a recent report. This substantial investment in infrastructure such as data
COLDCARD Urges Users to Migrate Funds Amid Entropy Risk in Mk3 Firmware
PANews, July 31: Hardware wallet manufacturer COLDCARD has issued an urgent security update stating that Mk3 devices running firmware version 4.0.1 or higher, and which have not generated their seed via at least 50 independent dice rolls, are at risk of insufficient entropy. The company advises affe
UEFA Boycotts FIFA Over $20 Billion Privatization Plan, Threatening 2030 World Cup
FIFA president Gianni Infantino wanted to unlock $20 billion in private capital for football. Instead, he may have just blown up the 2030 World Cup.Spain and Portugal, two of the tournament’s co-hosts, have joined UEFA’s indefinite boycott of all FIFA competitions in response to the FIFA Forward Ent
Coldcard Seed Phrase Exploit Drains $38M BTC From 500 Dormant Wallets
Key PointA seed phrase exploit targeting Coldcard hardware wallets drained almost 600 BTC, worth $38 million, from roughly 500 dormant wallets yesterday. The attack moved BTC from 500 single-signature addresses into one address in 25 minutes, and reports suggest the exploit will likely continue. Coi
Doosan Group acquires a 70.6% stake in SK Siltron for 23 billion KRW.
Huo Xing Finance reports that on July 31, according to Korean media, Doosan Group signed an agreement with SK Group to acquire the semiconductor wafer manufacturer SK Siltron. Upon completion of this transaction, Doosan is expected to further enhance its competitiveness in the semiconductor industry
FIFA World Cup Commercialization Plan Faces Backlash as Key Adviser Resigns
FIFA President Gianni Infantino wanted to sell a piece of the World Cup to private investors for $4.2 billion. The World Cup, in turn, appears to be selling him out.A key adviser has resigned and a growing coalition of member federations, led by UEFA, is pushing back hard against Infantino’s plan to
MSTR Reports $8.6B Q2 Loss as Bitcoin Price Drives Financials
In the lastest Bitcoin news today, Strategy, the company formerly known as MicroStrategy and traded as MSTR on Nasdaq – reported a GAAP net loss of $8.6 billion for Q2 2026, with an operating loss of $8.3 billion, after an $8.32 billion non-cash unrealized loss on its Bitcoin holdings under fair-val
FIFA Plans $4.2B Stake Sale in New Commercial Entity with JPMorgan, Crypto Interest Emerges
FIFA wants to carve out its most lucrative business lines into a shiny new subsidiary called FIFA Forward Enterprise, then sell roughly a fifth of it to outside investors for $4.2 billion. JPMorgan is running the numbers. And the crypto world is already raising its hand.The proposal, unveiled around
