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7/30
10:08
JPMorgan stated that the declining likelihood of the U.S. Clarity Act passing is a setback for crypto markets, warning that further delays in the market structure legislation could undermine a key regulatory catalyst for digital assets. The bank noted that prediction markets now imply only a 37% chance of the legislation passing before year-end, as the Senate prioritized other bills and negotiations remain deadlocked over various provisions. The proposed act aims to establish clearer oversight of digital assets by dividing jurisdiction between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), and is widely viewed as crucial for institutional crypto adoption.
10:04
The market is showing a preference for AI spending that generates immediate, measurable returns, as evidenced by the differing reactions to Microsoft's and Meta's recent earnings. Microsoft's Azure revenue surged 43%, pushing its commercial cloud business past a $100 billion annual run rate, demonstrating that its AI investments are directly monetized through selling AI infrastructure. In contrast, Meta raised its 2026 capital expenditure guidance to $130-$145 billion while its free cash flow plunged 91%, with its AI investments primarily serving internal platforms and lacking immediate, proven external monetization.
09:58
A recent report by market maker Wintermute shows that in the first half of 2026, institutional investors accounted for approximately 72% of spot trading volume on its over-the-counter (OTC) platform, setting a new record high and surpassing the approximately 61% recorded in the second half of last year. The report notes that this growing institutional dominance is driving down volatility in the crypto market, leading to more selective capital flows into altcoins, and fostering the growth of tokenized assets.
09:58
Ethereum As it enters its second decade on the occasion of its 11th anniversary, the Foundation has undergone significant organizational changes over the past year, while institutional adoption of the project has increased markedly. Over the past year, the Ethereum Foundation underwent a major restructuring in response to dissatisfaction among developers and community members regarding its operational efficiency, including a 20% workforce reduction and the departure of several senior members.The foundation released a new mission statement and spun off several entities to decentralize responsibilities, aiming to reduce its own influence on the Ethereum ecosystem. On the technical front, the Fusaka upgrade has been activated, introducing PeerDAS to improve Layer 2 efficiency.Meanwhile, the relationship between Wall Street and Ethereum has undergone significant changes, with institutions such as BlackRock (BlackRock) and JPMorgan Chase (JPMorgan) deepening their involvement in the Ethereum ecosystem. The U.S. Ethereum spot ETF has seen cumulative net inflows of over $11.23 billion since 2024. Institutions are not only holding ETH but also issuing financial products directly on the network.
09:53
Robinhood Markets reported that its second-quarter cryptocurrency trading revenue fell 38% year-over-year to $100 million, primarily due to the continued slump in major digital assets such as Bitcoin. Despite the decline in its cryptocurrency business, Robinhood’s overall financial performance still exceeded Wall Street expectations, with total revenue rising 32% year-over-year to a record $1.31 billion.
09:53
In its second-quarter 2026 investor letter, investment management firm Vulcan Value Partners disclosed that it had increased its stake in credit reporting agency Equifax (EFX) and added the stock to its large-cap and total-market-cap strategies. Vulcan Value Partners believes that, despite weakness in the mortgage market and market concerns about AI risks, Equifax’s stock is undervalued and its proprietary data business is not significantly affected by AI.
09:53
Over the past 12 months, Palantir Technologies reported a net profit of $2.28 billion and revenue of $5.2 billion, with profits nearly tripling compared to the previous year. However, its stock price has fallen 40% from a high of $207.52 to approximately $124. The company is set to report its second-quarter earnings after the market closes on August 3, at which time these figures and market expectations will be put to the test.
09:43
On Thursday, July 30, 2026, the prices of Bitcoin, and Ethereum rose. This followed the Federal Reserve’s decision to keep interest rates unchanged. Bitcoin The price rose from an opening level of $63,902.90 to $64,838.92, while the price of Ethereum rose from an opening level of $1,908.34 to $1,923.23. The cryptocurrency market appears to have reacted positively to the Federal Reserve’s decision.
09:33
The White House Government Transparency Task Force has released a fact sheet concerning President Donald J. Trump’s recent declassification of documents. The fact sheet was approved by the directors of the Office of the Director of National Intelligence, the National Security Agency, the Central Intelligence Agency, and the Department of Homeland Security.
09:32
Economist Kevin Hassett stated that he still has confidence in Kevin Warsh, a former Federal Reserve Board Governor.
09:31
Former White House economic advisor Kevin Hassett stated that today's inflation data has made the job of former Federal Reserve Governor Kevin Warsh 'a bit easier'.
09:31
Global stocks rebounded on Thursday, supported by better-than-expected U.S. inflation data and Microsoft's earnings report, which eased some concerns about AI spending. The Personal Consumption Expenditures Price index fell 0.1% in June, matching economists' expectations, with the annual rate at 3.7%. Meanwhile, the 30-year U.S. Treasury bond yield rose to 5.2124%, nearing its highest level since 2007, reflecting doubts about the Federal Reserve's commitment to taming inflation after it kept interest rates on hold.
09:29
Former White House economic advisor Hassett stated he is "very bullish" on the U.S. Federal Reserve's policy, believing it is moving in the proper direction.
09:29
Hassett stated that he does not believe markets are currently in bubble territory due to artificial intelligence.
09:27
In its second-quarter 2026 investor letter, the Columbia Seligman Global Technology Fund noted that Wix.com Ltd. (NASDAQ:WIX), a website design and hosting company in which it is overweight, underperformed during the quarter. Wix.com faces mounting pressure on its profit margins, primarily due to market concerns that AI startups will erode its market share in the website design business and other software sectors.
09:26
In its second-quarter 2026 investor letter, the Columbia Seligman Global Technology Fund noted that the stock price of website design and hosting company GoDaddy (NYSE: GDDY) fell during the second quarter, primarily due to market concerns about the disruptive impact of artificial intelligence (AI) and pressure on profit margins. The fund stated that GoDaddy faces competition from AI startups, which claim they will capture market share in the website design business and other software sectors, leading to the company’s underperformance.
09:26
Columbia Seligman Global Technology Fund, managed by Columbia Threadneedle Investments, maintained an overweight position in semiconductor chip-testing company Teradyne, Inc. (NASDAQ:TER) during the second quarter of 2026. Teradyne's stock rose in the quarter due to improving semiconductor industry sentiment, expectations for a broader recovery in test spending, and confidence in its position to capitalize on the increasing complexity of next-generation processors.
09:24
Michael Saylor, co-founder and executive chairman of MicroStrategy, stated that Bitcoin has entered the gates of Wall Street, implying its increasing integration and acceptance within mainstream financial institutions.
09:17
Silver September futures opened at $57.97 per ounce on Thursday, July 30, 2026, down 0.2% from Wednesday's close, and later rose to $58.24. The precious metal continues to struggle to reclaim the $60 per ounce benchmark, having not opened above this level since July 8. This struggle persists even after the U.S. Federal Reserve decided to leave interest rates unchanged yesterday. Factors contributing to silver's struggle include escalating military actions in the Middle East, the lingering prospect of higher interest rates later this year, and waning industrial demand.

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