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8/21
07:46
Wang pointed out that while any comprehensive crypto legislation would seem like progress after years of stalled bills, inadequate enforcement, and catastrophic collapses, the CLEAR Act is turning this desire for progress into a political trap.
07:45
Short sellers are rapidly increasing their bets against the Atlanta Braves stock, due to intense labor negotiations between Major League Baseball (MLB) and its players' union, which has increased the likelihood of potential disruptions to future seasons.
07:38
US stock futures rose in early trading Friday, putting the Nasdaq 100 on track to end a five-day losing streak. This comes as yields hold steady and Bitcoin soars.
07:36
UBS raised its S&P 500 target price, expecting it to reach 8100 points by December 2026 and 8400 points by June 2027. The bank increased its earnings per share (EPS) forecasts for 2026 and 2027 to $350 and $400 respectively, citing strong earnings growth, economic resilience, the Federal Reserve's patience, and accelerated AI adoption. Key risks include rising oil prices, rekindled inflation, and AI returns falling short of expectations.
07:36
The bank cites supportive earnings revisions, improving liquidity conditions, and limited warning signs despite recent AI-related concerns. Citi continues to favor U.S. stocks, believing sector rotation could limit downside, and notes that historical pre-midterm weakness has often been followed by strong year-end performance.
07:35
The new model is capable of analyzing images, screenshots, and text while performing autonomous tasks. Its release highlights intensifying U.S.-China AI competition, with Chinese developers increasingly offering advanced models at lower costs.
07:34
Market watchers note that sudden sharp price spikes and forced short liquidations are classic signs of a bottom, though macro risks continue to persist.
07:30
TD Securities analysts noted that markets will focus on signals from Federal Reserve Chair Kevin Warsh regarding his policy approach and a reaffirmation of his commitment to fighting inflation. The firm expects Kevin Warsh's remarks to signal gradual changes rather than significant policy shifts, but markets could still be disappointed if Kevin Warsh continues to avoid providing forward guidance.
07:07
Bybit Alpha will delist the chipCAT token on Aug 21, 2026, at 11:00 AM UTC. Users can sell or convert affected assets until Aug 22, 2026, 8:00 AM UTC, with any remaining holdings automatically liquidated after Aug 29, 2026, 8:00 AM UTC.
06:41
Nomura-backed Laser Digital gets crypto business approval in Japan, the first in four years. Laser Digital Japan will provide liquidity to domestic crypto providers and plans to launch institutional trading services as demand for crypto grows in Japan.
06:36
U.S. long-term government bond yields remained near multi-decade highs after a volatile week, despite efforts by the U.S. Treasury to stabilize the market. The 30-year government bond yield, which touched a near 20-year closing high of 5.311% on Monday, fell back to around 5.23% on Friday. This followed a brief market relief after the U.S. Treasury announced plans to double the size of long-term bond buybacks to at least $4 billion per operation. Investors remain concerned that U.S. debt has surpassed $40 trillion.
06:34
Ping An's board secretary, Richard Sheng, stated that allowing mainland insurance funds to invest in Hong Kong-listed ETFs is expected to strengthen the ties between Hong Kong and mainland capital markets.
06:34
Alibaba Group Holding is expected to further accelerate cloud growth, expand operating margins and achieve faster payback on artificial intelligence investments, as the Chinese tech giant reaches the halfway mark of its massive 380 billion yuan (US$56 billion) AI infrastructure spending plan. Nomura analysts specifically noted that Alibaba's cloud growth has not yet peaked.
06:25
Coldcard, a hardware wallet manufactured by Coinkite, has strengthened its seed generation process with a new firmware update. Coinkite urged Coldcard users to generate new seed phrases, warning that existing seed phrases may still have security vulnerabilities despite the upgrade.
06:19
Romania's President Nicușor Dan accused Russia of deploying the marine drone, which was destroyed on Thursday near the Neptun Deep gas project in the Black Sea. Once developed, Neptun Deep is expected to make Romania the largest natural gas producer in the European Union. The Romanian Defense Ministry, in coordination with the President, decided to destroy the drone to protect hundreds of personnel and safeguard critical infrastructure. A NATO spokesperson confirmed that Romanian F-16s were scrambled in response to a maritime drone detected in Romania's Exclusive Economic Zone, with one aircraft successfully engaging it. This incident follows previous reports of Russian drones breaching Romanian airspace, including one shot down in late July.

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