๐ค Bitcoin barely reacted to the Bank of Japan's rate decision, but risks remain.
๐ Although the proposal to raise rates to 1.25% was rejected, analysts warn that a large margin call on yen short positions could still trigger volatility across the crypto market.
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๐ฐ Tether released its Q2 2026 report, audited by BDO.
๐ The company reported $1.5B in net operating profit and a $4.11B reserve buffer above liabilities.
๐ฅ Tether also increased its gold reserves to 146+ tonnes.
โก๏ธ Texas has hit a new electricity demand record, surpassing previous highs twice in recent days.
๐ก Bitcoin miners helped stabilize the state's power grid, but their shift toward more profitable AI projects could reduce grid flexibility and reserve capacity.
๐ XRP Ledger is preparing to launch version 3.3.0 with five new features for institutional users.
The update focuses on improved privacy, atomic settlements, and easier onboarding, making the network more attractive for large institutions.
๐ Wall Street rises as Amazon's AI investments boost investor confidence.
The company eased concerns over AI spending, but must continue delivering strong growth to keep investors optimistic.
๐ฎ๐ท Iran has changed its military strategy, a move that could escalate regional tensions and impact global financial markets.
The shift also complicates U.S. foreign policy and military commitments in the region.
โ๏ธ A court has allowed the FTX Recovery Trust to pursue Binance over a $1.76B 2021 share buyback.
The case against Binance and CEO Changpeng Zhao moves forward, but the trust must still prove its claims.
๐ Robinhood reported a 38% drop in crypto transaction revenue in Q4 2024, falling to $100M (12.9% of total transaction revenue).
However, strong options trading drove a record quarter, with total transaction revenue reaching $672M.
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๐ช๐บ The European Commission is launching a โฌ30B AI Gigafactories initiative to build up to 7 AI hubs across the EU.
The plan includes โฌ10B in public funding and โฌ20B+ in private investment. Ursula von der Leyen called AI the most important technology of our time.
โ ๏ธ A PPE company that announced a $32M Bitcoin investment strategy completed its 45-day waiting period without buying any BTC or making any related transactions
๐ Bitcoin ETFs snapped a four-session losing streak with $32.1M in inflows. However, IBIT remains the only fund showing positive momentum.
๐ค Some analysts argue the recovery is largely driven by BlackRock, raising doubts about the sector's broader strength.
๐งฝ A cleaning company with just $4.1M in cash and Dogecoin holdings announced a $500M AI mega-deal.
The project could raise $40M at closing, but current liquidity and the use of DOGE-related funds in Minnesota remain unclear.
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