SPCX fell below its $135 IPO price for the first time since its June debut after retreating from last month’s $225.64 intraday high. Attention is shifting to early August results, the first lock-up release and Starship’s next test flight.
President Trump is reportedly set to meet senators Thursday to advance the CLARITY Act. Ethics restrictions on public officials’ crypto profits remain a key hurdle to securing Democratic support and the bill’s required 60 votes.
Jesse Pollak said Base’s social-app bets fell apart and is refocusing on trading, payments and stablecoins. He is stepping back from app leadership, with Cobie taking over.
U.S. government-linked wallets moved substantial seized crypto to Coinbase Prime across July 13–15, including a reported $9.28 million in ETH from an emptied FTX/Alameda seizure wallet. The intended use remains unclear, and claims that the assets were sold are unsubstantiated.
IBM fell roughly 25% on July 15 and tested multi-year lows, with posts describing the move as its worst decline in decades. Traders are debating whether to buy after the sharp breakdown.
Ostium was reportedly exploited through manipulated oracle data that generated fake trading profits on Arbitrum. Loss estimates vary, with the latest report putting the USDC drain at $18 million versus earlier estimates above $20 million.
JPMorgan used tokenized stock held through DTCC to meet margin requirements with CME Group in a live production trade orchestrated by Chainlink. Posts identify the tokenized asset as Invesco’s QQQ ETF.
Cashcat briefly fell below a $100 million market cap before reportedly reclaiming the level. Traders point to a roughly 61.8% retracement and emerging higher lows as possible signs of a bottom.
CXMT pre-IPO perpetuals on Hyperliquid traded near $7.50, about six times the cited $1.28 IPO price. Posts estimate that pricing implies a roughly $535 billion valuation, highlighting debate over onchain versus traditional IPO price discovery.
Fed Chair Kevin Warsh said he is unhappy with current inflation measures and wants inflation returned sustainably to 2%. He also suggested AI could lift measured prices over the next 12 months without necessarily creating persistent inflation.
Stripe and Advent International reportedly offered $60.50 per share for PayPal, valuing it above $53 billion at a roughly 28% premium and sending PayPal shares up about 17%. PayPal had not responded, and an agreement remains uncertain.
Memory and semiconductor shares remained under pressure, with Sandisk reportedly falling as much as 16% before narrowing losses and Micron down about 8%. Traders described broad weakness across Micron, Sandisk, Intel and SK Hynix.
Japan’s parliament reportedly passed amendments classifying cryptocurrencies as financial products. Posts say the change could reduce the top tax rate on crypto gains from 55% to 20% and clear a regulatory path for potential spot bitcoin ETFs.
Reports of a second U.S. strike wave and consideration of seizing Iran’s Kharg Island contrasted with Trump’s claim that Tehran wants talks. Oil climbed above $80 even as Trump predicted it could fall to $55 after the conflict.
Ethereum rallied to a one-month high near $1,900-$2,000, strengthening bullish sentiment around ETH and its performance against Bitcoin.
Anthropic is reportedly considering an IPO as soon as October and plans investor meetings in the coming weeks. Morgan Stanley, Goldman Sachs and JPMorgan are said to be working with the company.
BlackRock reported record assets under management of $15.3 trillion and $192 billion in quarterly inflows, while weaker crypto prices weighed on its digital-asset AUM.
Polymarket introduced Combo trades that bundle multiple prediction outcomes and launched a competition offering $50,000 in daily bonuses through July 31.
PUMP rose roughly 20% after about 52 billion vested tokens were distributed. Recent posts claim few recipients sold, easing immediate fears of unlock-driven pressure.
South Korea plans to modernize a 76-year-old law to bring cryptocurrencies under its national asset framework. The government also plans to test tokenized government bonds in 2027 and explore tokenizing state-owned real estate.
Lyn Alden and partners launched Orange Juice with $40 million to acquire and permanently hold cash-flowing businesses while building a Bitcoin treasury.
Tether reportedly froze about $131 million in USDT across four Tron wallets tied to Iran’s central bank at the U.S. Treasury’s request. The action followed OFAC sanctions targeting the wallets.
Softer-than-expected U.S. producer inflation reduced near-term Fed tightening expectations and helped Bitcoin rally toward $65,500, triggering substantial short liquidations.
Robinhood Chain is seeing a memecoin-led trading wave, with tokens such as ARROW rallying amid launchpad and Virtuals index attention. Spot volume is heavily concentrated in memecoins despite thin liquidity, while wallet checkout integrations are easing access.