Cryptopolitan - Ajinomoto (TYO: 2802), the 117-year-old Japanese maker of MSG, which also produces the film that insulates nearly every advanced AI chip, has raised its prices by about 30%. The company has also lifted its full-year forecast after it experienced a 127% increase in its quarterly revenue. How did Ajinomoto become critical to AI technology? Ajinomoto,...
DailyHODL - Trump Media and Technology Group ends its multibillion-dollar cryptocurrency deals with Crypto.com to refocus on its media business and a pending merger with fusion firm TAE Technologies. The post Trump Media Terminates Crypto Treasury Plans To Prioritize Core Operations and Fusion Energy Merger appeared first on The Daily Hodl.
TheCurrencyAnalytics - The FCA isn’t messing around. Britain’s financial watchdog just dropped a £2 million national campaign — TV, radio, billboards, social… Read the original on FCA Spends £2 Million to Push 11 Million Car Finance Complaint Views. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
CryptoSlate - On March 6, 2025, President Donald Trump signed an executive order creating the Strategic Bitcoin Reserve, and most of the attention went straight to the grand idea: America had built a digital Fort Knox, the government would stop selling Bitcoin, and Washington could perhaps add more without charging taxpayers. However, the executive order’s operative language […] The post The US says it has a Bitcoin reserve, but nobody can agree on how much it owns appeared first on CryptoSlate.
CryptoPotato - The Royal Government appears to be selling at least one per month for a while.
DailyHODL - Situational Awareness hedge fund invests $500 million total, including $400 million recently, in Source Foundry, a Stanford-founded startup developing alternatives to ASML's EUV lithography machines for AI chip production. The post Hedge Fund Situational Awareness Commits $500,000,000 to Source Foundry Chip Startup appeared first on The Daily Hodl.
TheCurrencyAnalytics - Genius Sports just locked in two big agreements in back-to-back days. Polymarket on August 4, Kalshi on August 5 —… Read the original on Genius Sports Lands Kalshi and Polymarket Deals as Q2 Revenue Hits $195.5 Million. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Bitcoin.com - Circle has renewed its longstanding USDC partnership with Coinbase on existing terms, preserving a key distribution channel for the stablecoin. The company also ruled out quarterly dividends, saying capital can generate stronger returns by funding growth. Circle Says No to Quarterly Dividends as Growth Takes Priority Circle Internet Group is keeping two pillars of its […]
BeInCrypto - Jim Cramer named 5 investing themes and 13 stocks to buy on Thursday’s Mad Money. The picks span consumer spending, AI infrastructure, cybersecurity, mergers and acquisitions, and healthcare. The CNBC host said this earnings season reinforced each trend. Market data shows his selections range from stocks that doubled in 2026 to names carrying double-digit losses. The post Jim Cramer Names 5 Investing Themes and 13 Stocks to Buy for 2026 appeared first on BeInCrypto.
BeInCrypto - The US Treasury sanctioned two Iranian digital asset exchanges, Shelbit and Aban Tether, along with network operator Siavash Kayvanpour, over crypto transfers tied to Iran’s Islamic Revolutionary Guard Corps (IRGC). The Office of Foreign Assets Control (OFAC) issued the designations on Friday. The designations mark the latest US strike on Iran’s crypto rails this year. The post US Treasury Sanctions Two Iranian Crypto Exchanges Over IRGC Money Laundering appeared first on BeInCrypto.
TheCurrencyAnalytics - This week Fuel Labs delivered its mainnet, introducing a parallelized execution engine designed specifically for Ethereum-compatible applications. The release focuses… Read the original on Fuel Mainnet Launch Brings Parallel Execution to Ethereum Builders. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Bitcoin.com - Genius Sports signed official-data, integrity, and marketing agreements with Polymarket on Aug. 4 and Kalshi on Aug. 5, putting one supplier underneath the settlement layer of both rival prediction platforms. The company’s second-quarter results, published a day later, already credit prediction markets with an incremental contribution to margin. One Data Supplier Playing Both Sides of […]
TheCurrencyAnalytics - HTX is in serious trouble. The crypto exchange now faces sanctions from both the European Union and the United Kingdom’s… Read the original on HTX’s $135 Million stETH Trail Winds Through Poloniex Addresses. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
TheCurrencyAnalytics - The Senate is going on recess. And the CLARITY Act isn’t going with it. Senate Majority Leader John Thune confirmed… Read the original on CLARITY Act Vote Pushed to September as 60-Vote Hurdle Looms for Crypto Bill. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
TheCurrencyAnalytics - Bitget just signed an agreement with the Gelephu Mindfulness City Authority. The crypto exchange wants a regulated local presence in… Read the original on Bitget Targets Bhutan With Gelephu Mindfulness City Deal. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Bitcoin.com - Michael Saylor said Bitcoin can advance without the CLARITY Act while urging the United States to establish clearer digital asset rules. The comments came as lawmakers pushed a potential Senate vote on the crypto market structure bill to September. Saylor Separates Bitcoin’s Future From US Crypto Legislation On Aug. 7, Michael Saylor, executive chairman of […]
TheCurrencyAnalytics - Stripe’s payments subsidiary Bridge just got a lot more official in Europe. Bridge Building, the Luxembourg-based entity behind the stablecoin… Read the original on Stripe’s Bridge Lands MiCA License as EU Crypto Register Hits 324 Providers. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
TheCurrencyAnalytics - Senator Cynthia Lummis isn’t backing down. The Wyoming Republican spent August 7 making clear she’s still fighting for the CLARITY… Read the original on Lummis Pushes CLARITY Act Past 300-Page Revision With September Vote Now the Target. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Binance News - AI Financial, a crypto company backed by the Trump family and formerly known as ALT5 Sigma, has sold its Canadian subsidiary, ALT5 Sigma Canada, to New York financial firm Prime Delta. According to Odaily, the company said in a Friday SEC filing that it will receive a secured promissory note worth $12 million and about 11.6 million Prime Delta shares after the sale. The filing did not disclose the specific reason for the transaction.
Binance News - China’s major port freight ship departure deadweight tonnage rose 56.4% year on year in July, 38.9 percentage points faster than in June, according to Jiemian News. Roll-on/roll-off cargo ship deadweight tonnage increased 87.1%, indicating continued rapid growth in auto exports. Imports also rose steadily: liquefied petroleum gas carriers and liquid cargo ships arriving at ports saw deadweight tonnage increase 37.8% and 11.7%, respectively, suggesting expanding imports of energy and chemical raw materials and stable production expectations at domestic manufacturers.
Binance News - OpenAI is planning a new consumer device for launch in 2027 that will resemble a donut-shaped, screenless smart speaker and could cost more than $300, according to Jiemian News. The device is designed to be small enough to hold in one hand and move around the home, and OpenAI wants it to help users complete a range of tasks as an AI-first computer. The company is also aiming to use the product to break into a new category now dominated by Amazon and Google. The item was one of several AI-related developments reported on August 7 and August 6. OpenAI also updated ChatGPT, expanding free users' access to GPT-5.6 Luna with unlimited text chat, while Plus and Pro users get GPT-5.6 Sol with ...
Binance News - A whale moved 36,530 ETH to a new address three hours ago after buying 50,000 ETH from a Fidelity-linked wallet yesterday. According to BlockBeats On-chain Detection, the whale purchased the Ether from a wallet associated with Fidelity and then transferred part of the holdings to another address. Onchain data suggests the funds may later be sent to a centralized exchange, or CEX, for sale based on the address’s previous trading pattern. The address involved is 0x951A4d24BA0F038B9872F253C380836Db9E67D53.
Binance News - According to Sina Finance, Nvidia is reportedly set to invest up to $3 billion in Blackstone-backed power infrastructure developer Lancium, which is behind the Stargate project. People familiar with the matter said Nvidia would get a 20% stake in Lancium through an initial $2 billion investment, and its stake could increase with an additional $1 billion investment if Lancium meets certain thresholds.
TheCurrencyAnalytics - Canada’s labor market just blew past every forecast. Statistics Canada said the country added 75,000 jobs in July — five… Read the original on Canada Adds 75,000 Jobs in July While US Loses 23,000, Bitcoin Holds at $65K. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Binance News - Alphabet announced on August 7 local time that it plans to issue $25 billion of senior unsecured bonds, including floating-rate and fixed-rate notes, with maturities ranging from 2028 to 2066. The longest-dated fixed-rate bond would mature in 2066, and the top coupon on the fixed-rate tranches is 6.5%, according to Jiemian News.
Binance News - AMD said on August 6 local time that it has reached a final agreement to acquire Taalas, a Toronto-based company focused on AI inference chips. Jiemian News reported that the deal is aimed at strengthening AMD's AI inference technology strategy by adding differentiated inference technology and engineering capabilities. AMD said AI inference is one of the fastest-growing areas in the artificial intelligence market. Taalas, founded in 2023 and based in Toronto, develops technology that improves AI inference efficiency by optimizing inference data flow and reducing the computing and memory bottlenecks faced by general-purpose architectures.
Binance News - X has launched an original content rewards program to pay creators for original ideas, expertise, reporting, creativity and commentary on the platform. According to PANews, new users can no longer join the existing revenue-sharing program starting today. Current revenue-sharing users can continue earning until September 7, followed by three final payments on August 14, August 28 and a final settlement around September 11. From September 8, current revenue-sharing users can apply to join the new original content rewards program if they meet eligibility requirements. ...
Binance News - A Polymarket submarket tied to the CBLOL regular-season match between Vivo Keyd Stars and Fluxo W7M saw the probability of the "yes" option for both teams killing a dragon swing sharply from 50% one hour ago to 90% at present, according to Catcher Predict monitoring. According to ChainCatcher, the move reflects a 40 percentage point increase and comes amid a noted impact from breaking news.
Binance News - Anthropic said on August 7 local time that it has updated the biosecurity safeguards in Claude Fable 5, reducing false blocks by improving its classifier. Jiemian News reported that the update cut bio-related fallback switches across the product's platforms by about 85%, allowing users to handle more biology-related tasks with Fable 5. The company said the change should reduce false blocks in everyday health consultations, lab result interpretation and biology education, while giving medical professionals more support for clinical tasks. For virology, toxicology and molecular design requests that carry dual-use risk, however, Fable 5 will ...
Binance News - The United States will partially resume operations in Michoacan, Mexico’s top avocado-producing state, after security concerns led to a halt that disrupted export inspections, according to Bloomberg. The pause had affected inspections for avocado exports from the state.
Binance News - Philadelphia Phillies' win probability in Polymarket's "1st 5 Innings Spread -1.5" submarket for the Toronto Blue Jays vs. Philadelphia Phillies event surged from 41% an hour ago to 65.5% at press time, a 24.5 percentage-point move. According to ChainCatcher, Catcher Predict monitoring said the sharp swing may reflect the impact of breaking news.
Binance News - Elon Musk said the Starship spacecraft recovery from the 13th flight mission is not looking promising at the moment. According to Odaily, close-up photos of the heat shield and key engine areas have already been obtained for future upgrades and improvements.
Binance News - According to Jin10, SPDR Gold Trust holdings increased by 2.818 tons from the previous day to 1017.537 tons.
Binance News - OpenAI is moving ahead with plans to open its next-generation model Astra to the public, but CEO Sam Altman said the company needs “a little more time” to ensure a safe deployment because of its strong cybersecurity capabilities, according to Jiemian News. Altman said OpenAI does not think restricting powerful models to a small group of users is the right strategy and wants Astra to be widely available eventually. He described Astra as a “powerful model” and said the company wants to offer it to more users as soon as safety can be assured.
Bitcoin.com - Bitcoin ETFs attracted $128.69 million on Thursday, marking a fourth straight day of inflows. Ether funds added an even stronger $92.15 million, while XRP and HYPE also finished in positive territory. Bitcoin Streak Hits 4 Days With $128.69M Inflow Capital continued to flow into the largest crypto ETFs as the week progressed. Bitcoin funds added […]
Binance News - International crude futures settled higher on August 7, 2026, with the September WTI contract up 1.15% at $78.18 a barrel and the October Brent contract up 1.29% at $83.55 a barrel, according to Jiemian News. For the week, WTI fell 7.67% and Brent dropped 4.98%.
Binance News - International precious metals futures mostly closed higher on August 7, 2026, with COMEX gold up 2.37% at $4,401.3 an ounce and COMEX silver up 3.56% at $63.8 an ounce, according to Jiemian News. Gold has risen more than 7% this week, while silver has climbed more than 10%.
Binance News - Health and Human Services Secretary Robert F. Kennedy Jr. told staff at the Centers for Disease Control and Prevention the US would have handled the Covid outbreak better by listening to “dissenting voices,” according to Bloomberg. The remarks were made at a memorial for the CDC shooting.
Cryptopolitan - The US Treasury sanctioned two Iranian crypto exchanges, Shelbit and Aban Tether, on Friday for facilitating transactions for the Islamic Revolutionary Guard Corps. This move expands the Trump administration’s “Economic Fury” campaign. The Treasury’s Office of Foreign Assets Control (OFAC) designated the two exchanges for processing large sums of digital assets through them to avoid...
Binance News - Colombia’s elected President Abelardo de la Espruella was sworn in on August 7 in Cali, the country’s third-largest city, for a four-year term. According to Sina Finance, de la Espruella is 47 years old and is a Colombian lawyer, entrepreneur, and right-wing politician who has long been active in public affairs. He previously campaigned on a hard-line approach to crime and free-market economic policies.
TheCurrencyAnalytics - Bitcoin remains in a holding pattern. Stuck around $64,000 for several days, the crypto market is waiting for a signal… Read the original on Bitcoin Stagnates at $64,000 as Clarity Act Stalls in Congress. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
CryptoPotato - The miner's BTC holdings dropped 29% year over year as the company sold to support liquidity and capital projects.
Binance News - According to Sina Finance, Mitsubishi UFJ analysts recommended going long the Australian dollar against the Japanese yen, saying the impact of intervention is fading and that traders' reduced bets on further Federal Reserve rate hikes have improved the environment for carry trades. The analysts, Derek Halpenny, Lee Hardman and Abdul-Ahad Lockhart, said they expect AUD/JPY to continue recovering losses caused by intervention because fundamental conditions have not changed enough to support a sustained yen advance. They set a target of 114.50 and a stop-loss at 109.20. They also said the weaker-than-expected U.S. July nonfarm payrolls report lowered market ...
Binance News - Morgan Stanley economists Seth Carpenter and Michael Gapen said in a report that the firm's base case is for the Federal Reserve to shrink its balance sheet by about $1.5 trillion over roughly two years, with the earliest possible start in the first quarter of 2027. According to Sina Finance, they said a reasonable reduction range is $600 billion to $2.5 trillion. They expect the Fed to continue using an ample reserves framework while reducing reserve demand and supply. They said policymakers may begin discussing a return to a scarce reserves framework, but that would require more implementation preparation and could increase day-to-day funding volatility in money markets. ...
Binance News - Switch Inc. filed confidentially for a US initial public offering, according to people familiar with the matter. The data center company joins peers seeking investor demand for exposure to the artificial intelligence theme, Bloomberg reported.
CoinTelegraph - The president’s company will unwind an agreement with Crypto.com to create a multibillion-dollar CRO treasury and reportedly not integrate prediction markets onto Truth Social.
Binance News - Japanese energy company Eneos Holdings Inc. acquired TPC Group in a deal that values the chemical firm at $1.28 billion including debt, according to Bloomberg.
Binance News - American Bitcoin director Justin Mateen bought 306,981 shares of ABTC on Aug. 5-6 for about $1.93 million, lifting his stake to 492,297 Class A shares after the company’s recent reverse stock split. According to CoinDesk, the purchases followed American Bitcoin’s second-quarter earnings, in which the Trump-backed bitcoin miner reported a net loss of about $57 million, mined roughly 932 bitcoin and grew its treasury to more than 8,000 BTC.
Binance News - BitcoinTreasuries.NET said on X that listed Bitcoin miner CleanSpark added 7 BTC and now holds 13,931 BTC in total. According to Odaily, CleanSpark ranks 11th on the Bitcoin 100 list.
Binance News - John Foraker, co-founder and CEO of Once Upon a Farm, said the company posted 42% sales growth in the recent quarter and raised its full-year guidance, according to Bloomberg. He said resilient consumer demand across baby and kid food categories gives him confidence the company can sustain the momentum.
CryptoSlate - Bitcoin climbed back above $65,000 this week, extending an unusual stretch of resilience as the cryptocurrency absorbed a string of developments that would typically pressure prices. The top digital asset rose about 2% over the past 24 hours to as high as $65,212, its strongest level since late July, CryptoSlate data shows. The move coincided […] The post Bitcoin’s $65K recovery shows its growing immunity to bad news as ETFs and whales buy $2 billion appeared first on CryptoSlate.
Binance News - According to Sina Finance, Reuters reported that the United States will lift its maritime blockade on Iranian ports once an Oman-Iran agreement to resume commercial shipping is announced. The U.S. official said talks between Oman and Iran on the Strait of Hormuz are making progress and are expected to reach a deal soon.
Decrypt - The U.S. Treasury sanctioned two crypto exchanges it says laundered millions of dollars for Iran's Revolutionary Guard, naming a Georgia- and UAE-based operator and an Iran-based platform.
Binance News - Sony Pictures Entertainment Motion Picture Group Chairman and CEO Tom Rothman said the latest Spider-Man movie is deeper and more emotional than others in the franchise, and said "Spider-Man: Brand New Day" could be one of the studio's most profitable movies ever, according to Bloomberg. Rothman also discussed ticket prices and making movies in California on "Bloomberg The Close."
Binance News - According to CNBC, BlackRock said municipal bond issuance is on pace to exceed $580 billion this year, while new cash flows into muni bonds reached $56.6 billion in the first half of the year, the second-best start to any year. Patrick Haskell, head of BlackRock's municipal bond group, said investors can still find tax-advantaged yield opportunities but should remain selective in the second half. He said his team is neutral on duration but favors parts of the long end of the municipal curve, including the 20- to 22-year range, while staying high in quality and favoring coupons above 5%. Haskell also said the team likes revenue bonds, especially in housing and transportation, and continues to like select corporate-backed municipal bonds.
BeInCrypto - Trump Media rethinks its crypto ambitions, ending the Crypto.com CRO treasury venture and trimming prediction plans. The post Trump Media Pulls Back From Crypto Deals Under Interim CEO McGurn appeared first on BeInCrypto.
Binance News - Gen Digital's shares are at their highest level in nearly a year after the company raised its earnings forecast, according to Bloomberg. Vincent Pilette, president and CEO, said he is confident Gen Digital can sustain double-digit growth in coming quarters as demand for cybersecurity solutions increases amid concerns about AI and agentic technologies. Pilette spoke with Romaine Bostick on "The Close."
Cryptopolitan - Ethereum co-founder Vitalik Buterin is back on the privacy wagon, with his latest post on X commending the “very welcome” news of Signal’s early work on letting people create accounts without listing a phone number. Buterin, a known supporter of multiple privacy initiatives, has often thrown both his money and stature behind platforms and tools...
Binance News - Chemical maker Ashland Inc. is exploring a potential sale after receiving takeover interest, according to people familiar with the matter, Bloomberg reported. The company reached a settlement last month with an activist investor.
Binance News - Hedge funds sharply reduced bearish bets on the yen after coordinated efforts by US and Japanese officials helped stabilize the currency, according to Bloomberg.
Binance News - According to Jin10, SEC filings showed that IMG Wealth Management held 212 SpaceX Class A shares.
CoinTelegraph - The US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to Iran.
Binance News - According to Jin10, New York Mercantile Exchange light crude for September delivery rose 89 cents to $78.18 a barrel, up 1.15%, and London Brent crude for October delivery rose $1.06 to $83.55 a barrel, up 1.29%.
BeInCrypto - Thune plans Clarity Act cloture before recess, queuing a September Senate vote as yield and ethics fights drag on. The post Thune Still Plans Clarity Act Cloture: What a Weekend Surprise Could Mean for Bitcoin appeared first on BeInCrypto.
Binance News - According to Jin10, Iranian parliament National Security and Foreign Policy Committee spokesman Hassan Kashkavi said Iran and Oman have clarified the broad framework of a memorandum of understanding related to shipping through the Strait of Hormuz, and the final text and specific details will be released soon.
CryptoSlate - At height 961,632, enforcing nodes reject non-signaling blocks, but Bitcoin does not automatically adopt the proposal. The post Bitcoin has 185 blocks left before BIP-110 rules begin rejecting blocks appeared first on CryptoSlate.
Binance News - According to Jin10, the U.S. Commodity Futures Trading Commission (CFTC) said that in the week ended August 4, speculators reduced net long positions in WTI crude by 4,683 contracts to 101,824 contracts.
cryptoDNES - Circle integrates native USDC and the CCTP protocol into OKX's X Layer to enhance cross-chain liquidity, security, and decentralized finance access. The post Circle Launches Native USDC and CCTP on OKX’s X Layer appeared first on CryptoDnes EN.
Binance News - According to Jin10, the U.S. Commodity Futures Trading Commission (CFTC) said that for the week ended August 4, COMEX gold speculative net long positions increased by 12,070 contracts to 132,398 contracts, COMEX silver speculative net long positions increased by 2,679 contracts to 11,067 contracts, and COMEX copper speculative net long positions increased by 11,307 contracts to 77,796 contracts.
Cryptopolitan - Cloudflare (NYSE: NET) shares surged roughly 16% to an all-time high after the company reported strong second-quarter earnings and raised its full-year outlook. Investors are increasingly confident that the network firm can successfully turn the explosion of automated web traffic into long-term growth. How did Cloudflare reach a new share price record? Cloudflare’s revenue for...
BeInCrypto - Your next phone costs more, a hospital scanner is competing for the same parts, and an AI server is outbidding both. All three run on the same memory chips, and one company sells to each of them. That company is Micron Technology (MU), and the reason the three now fight over one chip is an The post One American Stock Benefits as Smartphones, MRI, and AI Servers Want the Same Chip appeared first on BeInCrypto.
Binance News - According to Jin10, Iranian President Pezeshkian said Iran made no concessions in the talks on the ceasefire memorandum and that the ceasefire agreement was originally set to be signed by U.S. President Donald Trump to ensure compliance, but the U.S. side completely changed its stance in less than 24 hours.
Binance News - According to Sina Finance, Iranian President Masoud Pezeshkian said in a television interview that many problems with neighboring countries have been resolved and that Iran's relations with them have clearly improved. He also said Israel and the United States are trying to unite regional countries against Iran, that Iran is working to stop that, that relations with neighbors are much better than before, that Iran does not want to strike them and will only target sites that launch attacks against it, and that the government and the armed forces have "no differences."
Binance News - According to Jin10, The Information reported that SpaceX (SPCX.O) could complete its $60 billion acquisition of coding startup Cursor as early as next weekend, and Cursor will be integrated with SpaceX's AI team.
Decrypt - A leaked Flock presentation shows the surveillance firm pitching a plan to pull license-plate data from rideshare and delivery drivers.
Binance News - Brazil’s government is seeking flexibility, not a surge in foreign bond sales, as it asks Congress for authority to issue as much as $35 billion a year in global markets, Treasury Secretary Daniel Leal said in an interview, according to Bloomberg. The request is aimed at giving the treasury room to borrow abroad if needed.
Binance News - On Aug 07, 2026, 19:10 PM(UTC). according to Binance Market Data, CRDOB has achieved a new all-time high, trading at 248.46 USDT. The 24-hour increase of 5.85%
BeInCrypto - Firmus raised $2 billion with Nvidia backing, adding an AI infrastructure catalyst as NVDA stock nears its record high. The post Nvidia Stock Forecast: NVDA Targets Record-High After New $2 Billion AI Deal appeared first on BeInCrypto.
Binance News - According to Jin10, Brent and WTI crude slipped in the short term after a U.S. official said talks between Oman and Iran in the Strait of Hormuz had made progress and that an agreement was expected soon.
Binance News - According to Jin10, U.S. consumer credit rose by $14.17 billion in June, above the expected $10.5 billion, while the previous reading was revised from minus $182 million to minus $1.08 billion.
Binance News - According to Jin10, Democratic U.S. Senator Elizabeth Warren said she will oppose U.S. President Donald Trump’s attempt to remove Fed Governor Lisa Cook.
Binance News - Fed Chair Kevin Warsh's first full month in office showed calls or meetings with lawmakers, White House officials, and private-sector economists, but no call or meeting with U.S. President Donald Trump. According to Sina Finance, the schedule also listed three breakfast meetings with U.S. Treasury Secretary Scott Bessent.
Binance News - Ethan Allen Interiors Inc. Chief Executive Officer Farooq Kathwari defended the company’s leadership after an activist investor’s proxy challenge this week, saying the furniture retailer is prioritizing long-term retail sales over short-term digital sales, according to Bloomberg.
Binance News - BitcoinTreasuries.NET said on X that Capital B's Alexandre Laizet increased Europe's first Bitcoin reserve to 3,140 BTC in one year. According to Odaily, the video also covered Bitcoin's $300 trillion market, Bitcoin reaching parity with gold, a balance sheet with zero fiat debt, and Capital B raising its Bitcoin holdings from 2,000 BTC to 3,140 BTC over the same period.
Binance News - According to Sina Finance, PNC rate research head Isfar Munir said Japan's Ministry of Finance is unlikely to sell even intermediate-term U.S. Treasuries if it needs funding for foreign-exchange intervention, so the impact on long-term Treasury yields should be limited. He wrote that even if intervention eventually affects longer-dated yields through a market-perception channel, it would likely require markets to read intervention as a sign of reduced Treasury demand over a longer period. Munir said that while such an outcome is possible, it is more of a tail risk, because foreign-exchange intervention is temporary and is unlikely to send much ...
Binance News - PGA Tour chief executive Brian Rolapp said there is no merger with LIV Golf, ending hopes the rival circuit could strike a deal with the PGA Tour, according to Bloomberg. Rolapp made the comments after the struggling LIV Golf competition had prompted speculation about a possible tie-up.
Binance News - The US Senate confirmed Christopher Phelan, a former adviser to the Federal Reserve Bank of Minneapolis, as chairman of the White House Council of Economic Advisers, according to Bloomberg.
Binance News - The U.S. Senate voted to confirm Brett Matsumoto as director of the Bureau of Labor Statistics. According to Sina Finance, the labor statistics agency's nominee pledged to preserve the agency's independence.
Binance News - According to CNBC, the artificial intelligence trade has rebounded after a forced unwind of the Situational Awareness hedge fund, with Microsoft, Corning, Eaton, Intel and Amazon among the portfolio's biggest recent winners. The article said the fund, run by former OpenAI researcher Leopold Aschenbrenner, had used borrowed money to bet on AI infrastructure providers and against companies facing disruption risk, and that the unwind helped drive a broader reversal in market leadership. Microsoft led the gains after posting strong results for Azure and showing unexpected traction for its Copilot AI assistant, while Amazon's ...
Binance News - According to Jin10, Iran's Foreign Minister Araghchi said that, in the face of the world's most expensive military force, Iran's armed forces have shown their readiness, capability, and strength.
Binance News - The Pentagon aims to conduct the first tests of its secret Golden Dome space-based missile defense program by yearend, with flight demonstrations of the unproven technology slated for 2027, according to Bloomberg. People familiar with the matter said the program has set funding and dates for the effort.
Binance News - According to Jin10, market sources said the Pentagon has allocated funding and set a schedule for the classified "Golden Dome" space program.
DailyHODL - OpenAI and subsidiary Statsig reach a $3.2 million settlement with the Justice Department over allegations of favoring foreign visa holders over U.S. workers in a small number of PERM-related positions. The deal includes penalties, victim compensation, policy revisions, and monitoring. The post OpenAI To Fork Out $3,200,000 in Settlement After Being Accused of Discriminating Against US Workers appeared first on The Daily Hodl.
U.Today - Nasdaq-listed Bitcoin miner MARA Holdings has sold another 726 BTC, reducing its Bitcoin treasury to 35,577 BTC. Nasdaq-listed Bitcoin miner MARA Holdings has sold another 726 BTC, reducing its Bitcoin treasury to 35,577 BTC.
Binance News - According to Jin10, SpaceX said its recovery team is still carrying out Starship retrieval work in the Indian Ocean after the 13th flight mission.
Binance News - According to Jin10, U.S. Treasury Secretary Bessent said the jobs report released today underestimated the potential strength of the real economy, adding that domestic U.S. businesses are building, factories are producing, and worker productivity is rising. He said July marked the fifth straight month of job growth in goods-producing industries, which have created 105,000 jobs so far this year and posted the strongest start to any seven-month period since 2023. Bessent also said second-quarter productivity growth was more than double expectations and that strong third-quarter growth expectations suggest the U.S. economy may accelerate.
Binance News - According to Jin10, ICE said that as of the week to August 4, Brent crude oil speculators reduced net long positions by 20,361 contracts to 164,722 contracts, while diesel speculators increased net long positions by 1,163 contracts to 88,357 contracts.
Binance News - According to Jin10, Reuters reported that the White House letter to Fed Governor Lisa Cook was dated August 5 and asked her to provide a written response to the related statements within 21 days.
Binance News - According to Jin10, a diplomat from a mediating country said Iranian negotiators are waiting for final approval from Iran's Supreme National Security Council on the agreement reached with Oman and the United States. The diplomat said, "We expect to receive this approval soon."
Binance News - DraftKings Inc. Chief Executive Officer Jason Robins said he does not think it is good that bettors are placing prediction market wagers on what executives say during company earnings calls, according to Bloomberg.