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8/21
16:39
Bitget CEO Gracy Chen stated that macroeconomic uncertainty could keep Bitcoin within $10,000 to $20,000 of current levels by year-end, adding that US government purchases of BTC remain unlikely within the next two years.
16:34
The White House announcement noted that under President Donald Trump and Republican leadership, South Carolina has achieved several accomplishments. These include the largest tax cuts for working families and seniors in a generation, with an average refund of $3,476; a more than 18% decrease in homicides statewide in 2025, followed by another 21% drop in the first half of 2026; and attracting billions of dollars in private investment, such as NorthMark Strategies' $2.8 billion high-performance computing center project and Octapharma's $1.5 billion critical care manufacturing facility project.
16:27
This week, U.S. Treasury Secretary Scott Bessent took the unexpected step of intervening in the Treasury market to lower the cost of government debt. Experts note that this move undermines the credibility of the Federal Reserve Chair Kevin Warsh in setting interest rate policy.
16:20
Scott Bessent’s bond operations failed to keep long-term US yields down for long. The more persistent market signal is a weaker dollar, and rising gold and Bitcoin, reinforcing the “debasement trade” driven by ballooning US deficits and concerns about the direction of US economic policy.
15:49
The research indicates that by using a custom harness with memory handling and a "supervisor" component, AI agents can perform significantly better, even if the underlying model is not optimized for the task. For example, Claude Opus 5 scored 100% on the interactive reasoning benchmark ARC-AGI-3 with the harness, compared to 30% without it. This highlights the importance of the agent's scaffolding, which manages memory, context, and feedback, in improving AI performance and cost efficiency for complex, multi-step operations.
15:47
Bitcoin volatility eased after BTC hit a 100-day high, while gold also approached a 100-day high alongside Bitcoin.
15:13
Turkish Justice Minister Akin Gurlek announced on Friday via X that Turkey issued arrest warrants for Netanyahu and another suspect on July 14, accusing them of genocide, crimes against humanity, and torture. This is part of a case involving Israel's interception of the "Global Sumud Flotilla" of 35 people in international waters. The Turkish Ministry of Interior has, upon request, issued a red notice to Interpol. Turkey stated that it will use all legal mechanisms to prosecute Israel for its crimes in Gaza. The Israeli Prime Minister's Office responded by stating that Turkish President Erdogan's "attempts to intimidate Israeli leaders and soldiers will not succeed," and accused Erdogan of being "anti-Semitic," vowing to continue "forcefully combating Turkey's attempts to destabilize the region."
14:26
Sarah Bianchi, senior managing director at Evercore ISI and former US deputy trade representative, discussed the upcoming tariff deadline, stating that after the US strikes a tariff deal with Canada, Mexico will likely ask for similar relief.
14:07
The US Securities and Exchange Commission (SEC) sued Satsky and his friend Gavin Wolfe on Friday, alleging Satsky provided a tip about an acquisition offer for South Jersey Industries Inc. during a November 2021 basketball game. Satsky previously served as Bank of America's head of energy and power infrastructure banking.
14:01
The steel manufacturer plans to invest $1 billion in its main plant, Middletown Works, located in Middletown, Ohio. Of this, $500 million will come from a grant from the U.S. Department of Energy, intended for upgrading blast furnace technology to improve efficiency and extend its lifespan. Furthermore, the market has reacted positively to a potential preliminary trade agreement between the U.S. and Canada, which could reduce tariffs on specific Canadian steel and aluminum exports from 50% to 25%. Cleveland-Cliffs, which acquired Canadian steelmaker Stelco for $2.5 billion in November 2024, is expected to benefit from the tariff reduction.
13:57
Anthropic early investor Anjney Midha says traditional venture capital firms have failed investors by missing the AI revolution. This comes as AI spending accelerates, Broadcom seeks a debt deal as large as $60 billion ahead of NVIDIA earnings, and Anthropic itself plans a potentially record-setting IPO.
13:47
Speculators on the prediction market platform estimate Bitcoin's price at the end of 2026 will be approximately $75,000, based on an average of contracts. This forecast suggests a slight decline from its current trading level above $77,000. The outlook has improved from before Wednesday, when Kalshi traders most likely saw Bitcoin ending the year around $66,000.
13:40
Analysts note that copper prices are holding firm and are likely to remain elevated due to strains on global supply, particularly from major producers Chile and Peru, coupled with strong demand.
13:39
Infleqtion (INFQ) shares rose 10%, Rigetti (RGTI) rose 9%, and IonQ (IONQ), D-Wave Quantum (QBTS), and Quantum Computing Inc. (QUBT) all rose 7%. This surge was not driven by company-specific news, but rather by the market's positive reaction to the U.S. Department of Commerce's letter of intent to provide up to $100 million in federal funding to Infleqtion and Rigetti, and the White House's executive order elevating quantum technology to a national priority. In contrast, the Defiance Quantum ETF (QTUM) rose only 0.5%, indicating that the ETF has a low weighting towards pure-play quantum computing companies.
13:37
Khouw highlights that the State Street Materials Select Sector SPDR ETF (XLB) has been one of the week's best-performing sectors, up nearly 17% year-to-date and outperforming the S&P 500. He attributes this partly to AI infrastructure buildout and precious metals supported by monetary policies. The one-month at-the-money implied volatility for XLB options is currently just over 14%, significantly below its five-year average of 19.5% and closer to its five-year low of 11.8%, making options a potentially attractive low-risk entry point.
13:33
German intelligence services stated that a weapons cache discovered last year in a forest near Berlin is believed to have been intended for Russian assassination missions. German federal prosecutors are investigating a suspect in Romania on suspicion of espionage and "preparing serious acts of violence threatening the state."

Germany's domestic intelligence agency found the cache, containing two handguns and ammunition, last October. German media reported that the cache was intended to facilitate targeted killings by Moscow. German security services suspect the weapons and ammunition were for an attack. Interior Minister Alexander Dobrindt said the cache was monitored for several months after the weapons were rendered inoperable, but no one approached it.
13:33
US politician Scott Bessent (Bessent) has terminated tax breaks for illegal immigrants. This action has been interpreted by his supporters as a manifestation of the "Donald Trump effect," aligning with President Donald Trump's policy philosophy.
13:28
The U.S. Department of Defense's FY2027 budget request includes $58.5 billion for AI investments, with $46 billion allocated to a sovereign AI arsenal. This factor has supported the stock performance of government-facing AI companies. In contrast, ServiceNow, which focuses on enterprise software, saw no change in its stock price that day.
13:28
Former President Donald Trump shared Scott Bessent's view on Truth Social, stating that Trump had fixed President Biden's "mess" and the economy is now rising.
13:23
Rebecca Patterson, a senior fellow at the Council on Foreign Relations, discussed the impact of bond market volatility on retail investors on "Bloomberg Money," noting that these fluctuations are not surprising.

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