Latest news
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Meta Shares Fall 10% as Q3 Revenue Outlook Misses Wall Street
Meta Platforms shares declined roughly 10% in premarket trading Thursday after the company projected third-quarter revenue below expectations and raised its annual capital expenditure forecast to $130 billion to fund AI infrastructure expansion.
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XRP spot ETFs surpass $1.5B in cumulative inflows, Franklin Templeton leads
XRP spot ETFs reached $1.5 billion in cumulative net inflows as of July 29, 2026, with total net assets climbing to $988.7 million. Institutional demand remains steady despite retail slowdown, though only a handful of issuers are attracting fresh capital.
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Situational Awareness seeks capital after AI sell-off amplifies losses
Situational Awareness, the hedge fund founded by ex-OpenAI researcher Leopold Aschenbrenner, approached investors and lenders for capital after leveraged bets on AI-adjacent assets amplified losses during July's market rout.
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Luno cuts 20% of staff as automation reshapes exchange operations
Crypto exchange Luno is cutting approximately 20% of its workforce, with CEO James Lanigan citing automation and operational improvements. The move marks the second major reduction at the London-based exchange, which serves 16 million users across Africa and Asia-Pacific.
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Bitcoin's $39,900 liquidation wall poses bigger threat than ETF flows
Bitcoin-backed lending has surged to $67 billion, creating a cascade of liquidation thresholds that could trigger forced selling below current prices. The largest risk zone sits near $39,900, where crypto loans would breach their 80% loan-to-value limits and force collateral sales.
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Bitcoin ETFs hit record low monthly inflows in July 2026
Bitcoin spot ETFs pulled in just $205 million in net inflows in July 2026, the lowest monthly total since launch, while ether ETFs attracted $342.85 million and analysts flagged tightening Bollinger Bands as a potential precursor to sharp price moves.
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Fed holds rates 9-3; three officials vote for hike, Bitcoin tests $64K
The Federal Reserve held rates at 3.50%-3.75% on July 29 in a 9-3 vote, with three officials preferring a hike—the first such split since 2016. Bitcoin briefly topped $64,000 before retreating, with analysts citing weak catalysts and low volume near key support levels.
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Bitcoin holds $64K as Microsoft AI gains ease market jitters
Bitcoin traded near $63,900 on Thursday as equity futures rallied on Microsoft's cloud growth and controlled spending, signaling AI investments are beginning to yield returns without ballooning capital expenditure.
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HYPE Token Down 24% as Institutional Deposits to Exchanges Accelerate
Hyperliquid's native token HYPE has lost approximately 24% over the last month, coinciding with large institutional deposits to centralized exchanges and deteriorating technical indicators including an RSI approaching oversold territory.
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Canadian crypto ownership reaches 25%, doubling since 2023
One in four Canadians now holds digital assets or crypto investment funds, according to a newly released survey by the Ontario Securities Commission. Crypto ownership has doubled since 2023, though many Canadians still misunderstand how crypto works.
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Luno cuts 20% of staff as crypto layoffs hit 12 firms in July
Luno cut about 20% of its workforce in July as part of a broader restructuring wave. At least 12 crypto companies reported layoffs that month, totaling 894 disclosed jobs affected. Market conditions remain the primary driver of cuts across the industry.
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Solana and Zcash tumble below key moving averages as recovery fails
Solana and Zcash both retreated below critical moving averages on July 30th as market participants sold into strength rather than chase gains. Declining volume and weakening momentum signal investor conviction has dried up across both assets.
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Goldman Sachs cuts Q2 GDP forecast to 1.8%, signals economic caution
Goldman Sachs trimmed its Q2 US GDP growth forecast to 1.8%, citing trade headwinds, inventory shifts, and petroleum reserve drawdowns. The cut signals potential economic volatility as crypto markets reassess positioning amid uncertain growth.
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Gerber Kawasaki Adds XRP ETF Position as Institutional Adoption Accelerates
Gerber, a $592 million registered investment adviser, disclosed a new XRP ETF position, joining a wave of institutional managers adding exposure to XRP through spot exchange-traded funds. The combined XRP ETF market now holds approximately $683.66 million in assets.
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Qualcomm Cuts Q2 Guidance as AI Data Centers Drain Smartphone Memory
Qualcomm beat Q1 earnings but issued weak Q2 guidance, citing AI data center demand redirecting memory chip supplies away from smartphones. The company plans double-digit price increases starting September.
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Flock Safety Cameras Face Congressional Backlash Over Privacy Abuse
Public opposition to Flock Safety's automated license plate reader cameras has spread from city council meetings to Congress, where Rep. Thomas Massie plans legislation to withhold federal funding from agencies deploying the technology, amid documented cases of officer abuse and activist protests.
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Bitcoin Quantum-Proof Wallets: Zero-Knowledge Proof Solution Proposed
AmericanFortress researchers have outlined a cryptographic system using zero-knowledge proofs that could protect Bitcoin wallets from future quantum attacks while preserving compatibility with existing addresses, as concerns mount over quantum computing advances.
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Robinhood slides 4% despite earnings beat as crypto revenue cools
Robinhood reported record revenue of $1.31 billion and beat earnings expectations, but shares fell 4% after-hours as crypto trading revenue declined 38% year-over-year to $100 million, though gains in options, equities and prediction markets offset the slowdown.
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Merkle Science brings confidential transfers to Sui with regulatory compliance
Merkle Science is deploying confidential transfers on Sui that keep account balances private while giving compliance teams structured access, attempting to resolve the long-standing tension between blockchain privacy and regulatory oversight.
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Fed Holds Rates at 3.50%-3.75%, Extending Pause as Markets Await Guidance
The Federal Reserve held its benchmark rate unchanged Wednesday, extending its pause for a sixth consecutive meeting. Three committee members dissented in favor of a rate hike, while markets had assigned roughly 65% odds to a hold. Bitcoin and equities rallied on the decision.
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Ethereum Stalls Near $1,900 Ahead of Fed Rate Decision
Ethereum recovered from 2026 lows but faces headwinds as the Federal Reserve prepares to hold rates. Technical indicators show mixed signals, with traders on prediction markets leaning bearish on a potential drop to $1,500.
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Crypto VC Firms Plummet to 150, Lowest Since November 2020
The number of active venture firms in crypto funding has collapsed to 150 through July 28, marking the lowest count since late 2020 and representing an 87% decline from the May 2022 peak of 1,177 investors.
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CME launches sports futures tied to team and athlete performance
CME Group is launching futures and options contracts linked to professional and college sports performance through a partnership with FutureSports, converting official play-by-play statistics into tradable indexes that could begin trading this summer pending regulatory approval.
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Data center backlash halts $130B in projects, Caterpillar downgraded
Local opposition to data centers delayed or blocked 75 projects worth $130 billion in Q1 2026 alone, prompting Baird to downgrade Caterpillar and raising questions for crypto miners pivoting to AI infrastructure.