Bitcoin holds near $66,300 as chips extend their rally and the yen hits a 40-year low
Semiconductor stocks led a second day of gains on AI optimism, while the yen slid past 163 per dollar for the first time since 1986. Source：CoinDesk
Super Micro’s stock soars as its margins unexpectedly double
The AI server maker now expects gross margins to be in the range of 15% to 17% thanks to an improving customer and product mix Source：MarketWatch
CLARITY Act could help CFTC deal with prediction markets: Lawyer
According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC the authority it needs to address the “explosive…
Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil
The blockchain developer will continue operating under court supervision as it restructures following a marketmaking scandal, a cofounder’s suspension, and…
Why energy stocks still look so cheap, even after their big rally this month
Energy stocks are having a big month as oil prices surge on Iran war fears — but it’s not solely the conflict in the Middle East that makes the sector appear…
Ether breaks the $1.9K resistance; is $2.1K the next target for ETH bulls?
Ether’s rally faces onchain headwinds, but rising staking demand and Google earnings could spark the push toward $2,100. Source：Cointelegraph
Bitcoin rally faces key test at $68,000 as 'summer slumber' grips crypto, analysts say
BTC has rebounded 15% from the July lows, but some analysts cautioned that the next move hinges on clearing a level where many recent buyers may look to sell.…
Why Micron and other chip stocks are bouncing back so strongly
The recent chip selloff presented a buying opportunity, and opensource AI models should drive more memory demand, analysts say Source：MarketWatch
Trump looks set to roll out a new set of tariffs. Will markets care?
The president is expected to impose fresh import taxes this week, as levies from February are only able to remain in effect for 150 days. Source：MarketWatch
Movement Labs files for Chapter 11 bankruptcy months after token scandal and strategic overhaul
The filing comes after months of upheaval that included a controversial marketmaking agreement, an internal investigation into its MOVE token launch, a Binance…
Crypto market breakout could accelerate as AI trade cools, analyst says
Bitcoin topped $67,000 while crypto stocks rallied on optimism over US crypto legislation and signs investors may be rotating out of AI trades.…
White House agrees to ethics provisions in market structure bill
The price of Bitcoin moved above $66,000 to reach a sevenweek high on Tuesday as reports circulated of a deal with the White House to address ethics in the…