Glassnode said Bitcoin's three-month futures basis has stayed below the U.S. two-year Treasury yield since February this year. Glassnode said the prolonged slump reflects weak leverage demand and directly affects market depth and trading volume.
Retail investors are increasingly using OpenAI's ChatGPT and Anthropic's Claude for stock research, portfolio monitoring, rebalancing, tax-loss harvesting, and trading plans. Analysts said mainstream adoption still faces challenges around brokerage models, autonomous execution, transparency, and risk alignment.
Morgan Stanley Economist Says AI Investment Enters Half-Time Pause
Morgan Stanley China Chief Economist Robin Xing said AI investment has entered a half-time pause and identified two key themes to watch. Xing said recent AI sector volatility reflects crowded trading, major tech firm capital raising, and rising oil prices fueling rate hike expectations.
Apple would need about 15% annual growth and a steady valuation for the stock to double by 2030. AAPL trades near $295, about 6% below its all-time high, while analysts expect EPS to grow about 12.9% a year through fiscal 2028.
Meta AI Glasses Face Privacy Backlash Over Secret Recording Claims
Meta’s AI-powered Ray-Ban smart glasses have faced privacy controversies throughout 2026 over claims that people can be recorded and personal data can be collected without consent. The disputes include a class-action lawsuit, questions from Democratic senators, a Texas Attorney General investigation, event bans, and a Police Scotland investigation.
Jia Yangqing launched Intent Lab and its autonomous Agent team Fleet. Fleet is designed to turn natural language development intent into production-ready software systems.
Fish Audio completed a $52 million seed funding round led by Coreline Ventures and Capital Today. The AI voice generation startup was founded by former NVIDIA researcher Shijia Liao and has launched five models over the past year.
Strategy holds 843,775 BTC with a market value of approximately $53.25 billion. Michael Saylor posted "Bitcoin Drive engaged" with a chart tracking the company's Bitcoin reserves. Strategy's ledger shows recent sales of 3,588 BTC across two transactions.
Eric Balchunas questioned whether Coldcard's team of about 5 people is suitable for critical Bitcoin storage responsibilities. He said larger institutions such as Coinbase and Ledger may have stronger security investment and operational capability.
Trump Restores Tariffs on 60 Partners as Bitcoin Faces Fed Pressure
The Trump administration rebuilt tariffs on goods from 60 trading partners after the Supreme Court rejected its IEEPA authority. Most affected partners received additional duties of either 10% or 12.5%, with exemptions and trade agreements changing the final cost. USTR used Section 301 investigations tied to forced labor enforcement as the new legal path. The tariff system can feed into inflation, Treasury yields, the dollar, and institutional risk limits for BTC.
Coldcard Firmware Flaw Lets Attackers Drain Over $70M in Bitcoin
Hardware wallet users lost more than $70 million in Bitcoin after attackers exploited a Coldcard firmware flaw. CoinKite said some affected devices generated recovery seeds with software-based randomness instead of the built-in hardware random-number generator. Galaxy Research tracked 1,082.65 BTC swept from 1,196 addresses in roughly 41 minutes.
Serenity said Lumentum CEO Michael Hurlston warned that AI data center InP laser supply may fall more than 30% short of customer demand. Serenity said pressure is concentrated in EML and could spread across the InP laser supply chain.
The Aug. 3–9 calendar includes a possible CLARITY Act Senate vote that needs 60 votes, plus Q2 earnings from SpaceX and Circle. SpaceX also faces its first stock unlock at 8% or up to 12% of total shares.
TIL Coldcard's co has like 5 employees. That seems crazy low for such an imp job. Would you use a bank to store your life's savings that had 5 people working there and was based in Canada? Maybe that's a feature in crypto world, but to me that would be red flag.
New York Seeks Court Order Against Kalshi Over Sports Wagering
New York asked a Manhattan state court to permanently block Kalshi from offering alleged unlicensed sports wagering to New Yorkers. The petition asks Kalshi to identify affected customers and itemize wagers, losses and company gains. New York also seeks restitution, damages, disgorgement, interest and costs.
On-chain analyst Ai Yi said a wallet withdrew 3,500 ETH worth $6.495 million from Binance after two years away from the market. The wallet previously made $700,000 from ETH swing trading.
Ai Yi's monitoring showed a whale has a $3.53 million floating loss after adding to a HYPE position. Since June 11, the whale has withdrawn 240,000 HYPE from exchanges, worth $15.88 million.
Stock-Linked Perpetual Futures Volume Hits $1.32T in First Five Months of 2026
Stock-linked perpetual futures trading volume reached $1.32 trillion in the first five months of 2026. The contracts give traders round-the-clock exposure to stocks, indices, and commodities without owning the underlying assets. Coinbase and Binance are building an "everything exchange" model that combines crypto assets, stocks, and derivatives in one account. Large funds remain cautious about decentralized trading venues.