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Bitcoin rally driven by short squeeze and leverage, not spot demand

BlockBeats news, on July 22, CryptoQuant analyst Sunny Mom stated that Bitcoin rose from approximately $64,000 to $66,000 within two days, but this rally was primarily driven by short squeezes and leveraged funding rather than a clear return of spot demand. From July 18 to 19, funding rates turned n

Hong Kong Proposes Tax Incentives to Attract Hedge Fund Talent

Hong Kong is making a bold play for hedge fund talent, and Singapore is already sweating.A proposed tax exemption on performance fee income, including carried interest, for hedge fund, private equity, and venture capital managers could make Hong Kong the cheapest place on earth for fund executives t

Bitcoin Bulls Should Monitor Interest Rates Amid Yield-Adjusted Valuation Concerns

This is an excerpt from CoinDesk newsletter 'Daybook.'Sign up here, if you haven't already.As bitcoin BTC$65,998.56 regains its footing, optimism has returned to the market, and several observers are calling the recent price rise the start of a decisive bull run for valuations well beyond last year'

Talos Integrates with Kalshi to Bring Prediction Markets to Institutional Trading Infrastructure

According to PR Newswire, Talos, an institutional digital asset infrastructure provider, announced the integration with Kalshi, a CFTC-regulated exchange, enabling institutional clients to trade Kalshi event contracts and crypto perpetuals directly through their existing Talos interface without addi

Analysts speculate a Tesla and SpaceX merger by 2027, citing strategic synergy.

Huo Xing Cai Jing reports that on July 22, according to CNN, after SpaceX’s potential IPO, the market is watching to see whether Musk will push for a merger between SpaceX and Tesla. Tesla will release its earnings after the U.S. market closes on Wednesday, followed by an investor conference call, d

DEXE Plummets 84% in 4 Months Amid FUD and Capital Outflows

DeXe [DEXE] has sat on the bearish side of the market, with sellers controlling the price dynamic. The asset has plunged 84%, wiping out every gain it accrued between the 14th of March and press time.Its price dropped from $46.79 down to around $4.76 on the chart.AMBCrypto explores the possible fact

Block Launches Buzz: An Open-Source Collaboration Platform Built on the Nostr Protocol

According to Decrypt, Jack Dorsey’s payment company Block has officially launched Buzz, an open-source collaborative platform built on the Nostr protocol, enabling employees and AI agents to collaborate within the same workspace. Buzz integrates team chat, code repositories, and automated workflows,

Block Launches Buzz, a Nostr-Based Alternative to Slack and GitHub

Block just shipped something that should make Slack and GitHub executives at least mildly uncomfortable. The Jack Dorsey-led fintech company launched Buzz on July 21, a free, open-source collaboration workspace built entirely on the decentralized Nostr protocol.Buzz consolidates the kind of tooling

Analyst suggests Tesla and SpaceX may merge by 2027, but regulatory hurdles remain

BlockBeats news: On July 22, according to CNN, following SpaceX’s IPO, the market is watching to see whether Musk will push for a merger between SpaceX and Tesla. Tesla will release its earnings after the U.S. market closes on Wednesday, followed by an investor call, during which Musk may provide fu

Cardano Wallet SecondFi Shuts Down Permanently After Hack Steals $2.4M in ADA

According to CoinDesk, the Cardano wallet SecondFi was compromised due to a vulnerability in its transaction signing software, resulting in the theft of 16.1 million ADA (approximately $2.4 million) from 374 wallets, prompting the platform to announce its permanent shutdown. The vulnerability allowe

Xiaohongshu open-sources BigMac, a new multimodal large model training paradigm.

ME News reports that on July 22 (UTC+8), the Xiao Hong Shu technology team open-sourced BigMac, a new paradigm for dependency-safe nested pipelines tailored for multimodal large model training. Built around an LLM pipeline, BigMac integrates encoder and generator computations without disrupting exec

Digital Chamber Sues Illinois Over Digital Asset Tax Act Before 2027 Rollout

The Digital Chamber sued Illinois, challenging the Digital Asset Tax Act before its January 1, 2027 effective date.The lawsuit argues the 0.2% tax unfairly treats blockchain transactions differently from traditional financial activity.The case seeks to halt enforcement, citing compliance costs and b

Meta's Content Seal Fails to Detect 55% of Cropped AI Images

Meta just rolled out Content Seal, an invisible watermarking system designed to flag images and videos created by its new Muse AI models. The tech is supposed to survive the usual gauntlet of social media transformations: cropping, resizing, compression, the works.Here’s the thing. Independent testi

CLARITY Act Gains Momentum as Senate Vote Odds Rise to 72%

The CLARITY Act this week has crossed a major hurdle after President Donald Trump approved new ethics rules tied to the bill. With one of the biggest roadblocks now resolved, lawmakers are racing to finalize the Senate version before the August recess.Meanwhile, the prediction markets now see a 72%

CLARITY Act Gains Momentum as Prediction Markets Reprice Odds

Crypto prices drifted sideways on Tuesday, yet Washington chatter reached a boiling point. Social conversation around the CLARITY Act exploded, and prediction market contracts shifted meaningfully, according to the latest Santiment intelligence. Traders who had been pricing the bill as a long shot a

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