Whale Rock’s AI Bet Turns Volatile: July Losses Erase Half of 2026 Gains

Whale Rock Capital Management’s flagship hedge fund fell 21.7% in July. The drop cut its 2026 gains roughly in half as artificial intelligence and semiconductor stocks sold off. Whale Rock’s year-to-date return dropped to 35.1% through July. That’s down from 72.5% at the end of June, a person familiar with the matter told Bloomberg. Alex […]

South Korea Confirms January 2027 Launch for Long Delayed Crypto Tax

South Korea has confirmed the long-awaited launch of its crypto tax, set for January 2027. This regulatory development, highlighted in a tweet by Upbit Global, signifies a crucial step in the country’s approach to digital assets. The implementation of this tax could reshape how cryptocurrency transactions are treated, impacting traders and investors alike. Breaking It […]

Binance Explains Phishing Tactics Used by Attackers to Steal Assets

In a recent tweet, Binance highlighted the rising threat of phishing attacks in the cryptocurrency space. The tweet explains how attackers impersonate trusted sources to steal logins, seed phrases, and wallet approvals. This awareness is crucial as it underscores the importance of vigilant security practices for crypto users. For further details, check Binance’s official tweet. […]

Lummis Advocates for CLARITY Act, Highlighting Risks to U.S. Competitiveness

Senator Cynthia Lummis is shifting the focus of the CLARITY Act from merely regulating digital assets to ensuring U.S. leadership in the global digital economy. The legislation is gaining traction in Washington, with Lummis emphasizing the risk of losing innovation and jobs without swift action. This legislative push is crucial for keeping the U.S. competitive […]

Bitcoin Options OI Hits $26 Billion as Call Skew Signals Bullish Bias

Bitcoin (BTC) options positioning continued to signal a market leaning bullish over the medium term, even as short-dated flows reflected persistent demand for downside protection—an indication that traders are not fully dismissing near-term volatility. As of Tuesday 01:40 UTC (based on CoinGlass data), total open interest (OI) in Bitcoin options stood at $26.09 billion, up […]

Dow and S&P 500 Hit Records on AI Earnings: When Will the Bubble Burst?

Upbeat earnings from Caterpillar and Palantir Technologies (PLTR) drove the Dow Jones Industrial Average and S&P 500 to record closes on Tuesday, easing concerns over artificial intelligence (AI) spending. The Dow gained 907 points, or 1.71%, to close at 54,091.42. The S&P 500 rose 1.79% to 7,736.52. The Nasdaq Composite jumped 2.59% to a record […]

20 Blockchains Host Euro Stablecoins, Ethereum Holds 69.5% Share

Euro stablecoins have expanded to encompass 20 different blockchains, a significant development in the cryptocurrency landscape. According to a recent tweet by commentator @tokenterminal, Ethereum continues to dominate this space, holding 69.5% of the total supply. This shift indicates a growing reliance on stablecoins amid evolving market dynamics and could enhance liquidity across various platforms. […]

Institutions Now Drive 72% of Crypto’s OTC Flow, Wintermute Data Shows

Institutional investors accounted for a record 72% of spot trading volume on Wintermute’s over-the-counter desk in the first half of 2026, up from 59% a year earlier. The shift marks the clearest sign yet that Wall Street, not retail traders, now sets the pace of crypto markets. Wintermute’s OTC flow report ties the change to […]

Jim Cramer Plans to Sell Bitcoin Over Quantum Computing Fears

CNBC host Jim Cramer says he plans to sell his Bitcoin (BTC) after IBM CEO Arvind Krishna warned that advances in quantum computing could eventually threaten the cryptography securing cryptocurrencies. While Cramer publicly announced his intention, there is no evidence that he has completed the sale, disclosed the size of his Bitcoin holdings, or revealed […]