Articles by Khal
Latest from Khal
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Google developing Frozen v2 chip for Gemini AI
According to reports, Google is developing a custom server chip codenamed Frozen v2 that bakes Gemini's architecture directly into hardware, projecting a 6–10x efficiency gain. The project remains exploratory with no official confirmation from Google, and deployment isn't targeted until 2028.
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Tom Lee Reiterates $250K Ethereum Price Target, Calls ETH AI Settlement Layer
Fundstrat co-founder Tom Lee reiterated a $250,000 long-term price target for Ethereum and described the blockchain as a foundational settlement layer for artificial intelligence. Lee's thesis ties ETH's upside to ETF inflows, whale staking, and multi-trillion-dollar AI adoption opportunities.
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Google Launches Gemini 3.6 Flash, Flash Lite and Cyber Models
Google released three new Gemini models designed for AI agents: Gemini 3.6 Flash with improved coding and multimodal performance, Gemini 3.5 Flash Lite for speed and cost efficiency, and Gemini 3.5 Flash Cyber for cybersecurity applications.
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XRP Surges on Trump's Clarity Act Ethics Deal
XRP surged 3.5% to $1.1485 after President Trump agreed to ethics language in the Clarity Act, which would classify the token as a digital commodity. Polymarket odds for passage jumped to 43%, but technical indicators remain mixed.
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Jack Mallers Resigns as Twenty One Capital CEO; Tether Merger Collapses
Twenty One Capital's co-founder Jack Mallers has resigned as CEO following the collapse of Tether's plan to merge three Bitcoin firms into a single publicly traded entity. The company's shares dropped nearly 15% on the news.
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Nvidia Vera Rubin AI platform on schedule, customer testing underway
Nvidia's next-generation Vera Rubin AI platform is on track for production ramp-up in May 2026, with customer sampling already underway at AWS, Google Cloud, and Microsoft. The platform promises up to 10x reduction in inference costs versus Blackwell.
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SpaceX shares fall below $135 IPO price as tokenized equity volumes surge
SpaceX stock fell below its $135 IPO price on July 15 after peaking at $225.64 in June, wiping $1.4 trillion in market cap. Tokenized equity trading surged 145% to $3.86 billion, with SpaceX tokens driving 31% of activity.
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Trump prepares new tariffs on dozens of countries as July 24 deadline nears
President Trump is preparing to impose new tariffs on dozens of countries as the temporary 10% global tariff expires July 24, 2026. The move could trigger volatility in crypto markets and disrupt global supply chains.
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FIFA projects $13 billion revenue from 2026 World Cup, richest ever
FIFA expects to generate over $13 billion from the 2026 World Cup cycle across broadcasting, sponsorship, and ticket sales, making it the most lucrative tournament in history. The expanded 48-team format across the US, Canada, and Mexico multiplies revenue opportunities.
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Arcus DEX launches tokenized stocks and perpetual futures on Robinhood Chain
Arcus, a decentralized exchange built by the dYdX team and backed by Robinhood Crypto, launched tokenized stocks and perpetual futures on Robinhood Chain, offering self-custodial trading across traditional and crypto assets.
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Senate nears vote on Digital Asset Market Clarity Act before August recess
Treasury Secretary Scott Bessent said the Senate is in final stages of passing the Digital Asset Market Clarity Act, with a floor vote likely before the August 2026 recess despite ongoing debates over stablecoin yields and DeFi oversight.
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Galaxy Commits $5M to Bitcoin Quantum Readiness Initiative
Galaxy Digital launched a Bitcoin Quantum Readiness Initiative with up to $5 million in grants and a research program as experts warn Q-Day—when quantum computers could crack Bitcoin's cryptography—may arrive as early as 2030.
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Jack Mallers Steps Down as Twenty One Capital CEO; Tether Merger Collapses
Jack Mallers resigned as CEO of Tether-controlled Twenty One Capital on July 20, 2026, as the company abandoned a proposed three-way merger with his bitcoin payments firm Strike and mining company Elektron Energy. Raphael Zagury replaces him.
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XRP Whales Cut Binance Inflows to Lowest Level Since January
XRP's largest holders are sending fewer tokens to Binance as whale inflows drop to their lowest level since January 2025, while the price reclaims $1.13 and onchain metrics begin to flip bullish.
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US Treasury Recovered $4B in Fraudulent Payments in FY2024
The US Treasury recovered and prevented over $4 billion in fraudulent or improper disbursements in fiscal year 2024, a sixfold jump from $652.7 million the prior year, driven by AI screening and pre-payment verification tools.
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Pakistan's FIA Launches Crypto Investigation Unit for Money Laundering
Pakistan's Federal Investigation Agency established a cryptocurrency investigation unit to target money laundering and terrorism financing, even as Islamabad simultaneously licenses crypto exchanges and lifts a banking ban on digital assets.
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Dogecoin Co-Founder Markus Opposes Merge Mining Removal
Billy Markus, Dogecoin's co-founder, has criticized proposals to end merge mining with Litecoin, arguing the change would solve no real problem and undermine a decade-old security arrangement that protects DOGE from 51% attacks.
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Trump imposes 50% tariffs on $20B Canadian imports, escalating trade war
President Trump signed proclamations on July 20 imposing 50% tariffs on nearly $20 billion in Canadian imports including dairy, wine, cement, and clothing, marking the sharpest escalation in US-Canada trade friction since 2025 and taking effect in 30 days.
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Grayscale files for first U.S. spot WLD ETF; Worldcoin token jumps 8%
Grayscale filed an S-1 registration statement Monday for a spot Worldcoin ETF, which would be the first U.S. exchange-traded fund tied to Sam Altman's biometric project. WLD surged 8% following the filing.
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CLARITY Act crypto bill advances toward Senate floor vote
Bipartisan lawmakers are finalizing the Digital Asset Market Clarity Act, a comprehensive crypto regulation bill that cleared the Senate Banking Committee in May 2026 but faces a 60-vote Senate threshold and unresolved disputes over ethics, stablecoins, and law enforcement.
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UK Parliament Inquiry Examines Banking Barriers for Crypto Firms
A UK parliamentary group is probing whether banking restrictions on crypto businesses and consumers are proportionate, as a survey shows 40% of crypto exchange transactions face delays or blocks.
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UK Lawmakers Launch Inquiry Into Crypto Banking Access Barriers
A cross-party parliamentary group is investigating why UK banks block accounts and restrict payments for crypto firms, examining whether the barriers are holding back the sector's growth and regulatory compliance.
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Bitcoin tops $66K as US debt nears $40 trillion threshold
Bitcoin reached $66,190, its highest price since June 17, as US federal debt climbed to $39.489 trillion with only $511 billion remaining before the $40 trillion threshold. The Treasury's August 3 borrowing revision could reshape third-quarter financing expectations.
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Bitcoin ETFs post fifth straight day of inflows, first sustained run since April
U.S. spot bitcoin ETFs attracted $227 million on July 20, marking a fifth consecutive day of inflows—the longest streak since late April. The five-day run has pulled in roughly $727 million, the most sustained buying stretch since record outflows in June.