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8/21
10:05
Starcloud, a satellite company developing orbital AI inference, has raised an additional $250 million in a funding extension, following its $170 million Series A round in March, bringing the company's valuation to $2.3 billion. This additional capital will be used to expand manufacturing facilities and advance its largest orbital data center spacecraft, Starcloud-3, which is planned to launch on SpaceX's Starship rocket. CEO Philip Johnston stated that given the increasingly tight rocket transport market, the company is actively raising funds to secure satellite launch capabilities and has applied to the FCC to operate 88,000 satellites.
10:04
US natural gas futures increased as forecasts shifted to show hotter weather in the coming weeks, indicating higher demand for gas-fired power as consumers ramp up their air-conditioning use.
09:58
U.S. President Donald Trump threatened an "economic D-Day" against Iran, including new sanctions on any country doing business with Iran. Affected by this, U.S. stocks recorded their worst performance in three weeks on Thursday, with the Dow Jones Industrial Average falling 1.32% and the S&P 500 index falling 0.87%. Meanwhile, global crude oil prices rose, with Brent crude briefly breaking above $93/barrel and U.S. crude rising to $86.70/barrel. The U.S. 30-year government bond yield rose above 5.25%, nearing a 20-year high, reflecting investors' declining confidence in the U.S. economy. In addition, the total U.S. national debt surpassed $40 trillion for the first time this week, two years earlier than expected, partly attributed to war costs and corporate tax cuts. Previously, the critical Strait of Hormuz remained closed due to ongoing conflict, exacerbating uncertainty in global energy and financial markets.
09:58
Solana has shortened its slot time for the first time since genesis, aiming to reduce network latency and striving for a 200-millisecond target.
09:55
Zames will assist Social Security Commissioner Frank Bisignano, a former JPMorgan colleague, in modernizing the agency, which currently relies on decades-old technology systems. The SSA's trust fund is projected to be exhausted in less than a decade, potentially leading to benefit cuts for millions of Americans.
09:54
Kalshi, a prediction market platform, currently prices the chances of a deal at 11% before March 1, 2027, 22% before January 1, 2028, and 35% before January 20, 2029.
09:48
Bitcoin ETFs' 7-day net inflow reached +22,043 BTC (+$1.7B), and Ethereum ETFs' 7-day net inflow totaled +219,254 ETH (+$523.54M).
09:46
U.S. S&P Global August Flash Manufacturing PMI also came in at 53.2, slightly below the forecast of 53.9.
09:45
Bitcoin ETFs saw net inflows exceeding $1 billion in two days, reaching a cumulative $1.61 billion over four days. Bitcoin briefly surpassed $79,000 and is currently trading around $76,900, up 5.8%. On Thursday alone, net inflows reached $606 million. This round of capital inflows and price rebound comes amidst increased attention to cryptocurrencies from the Donald Trump administration and a resurgence of the "dollar devaluation" trade, indicating renewed investor interest in cryptocurrencies.
09:38
U.S. Central Command told CNBC this week that it also assisted approximately 1,300 merchant vessels through the strait during the same period. Despite Iranian threats and attacks, these figures indicate that a significant amount of oil continues to pass through this strategic waterway. The security situation in the Strait of Hormuz remains tense, with Iran previously stating it had closed the strait, while the U.S. insists it is open and under its control.
09:37
The bank cites weakening market internals, defensive rotation, and fading conviction in AI stocks as key risks. Strategist Jason Hunter notes similarities between today’s AI trade and the 1999-2000 tech boom, raising concerns about crowded technology exposure. Rising Treasury yields, Middle East tensions, and softer consumer spending further add to the risks.
09:00
The latest documents disclose Apple's tax liabilities worldwide, with this payment made pursuant to a previous court ruling on retrospective taxation.
08:54
The war between the United States and Israel against Iran has entered its sixth month. This week, the US redeployed its last aircraft carrier in Asia, the USS George Washington, from Japan to the Middle East. This follows previous moves to reallocate some components of the THAAD system from South Korea and reduce missile and ammunition stockpiles to support the war effort. William Yang, a senior analyst at the International Crisis Group, noted that these actions have weakened US power projection in Asia and its ability to counter the threat from China. Against this backdrop, the Chinese navy fleet has become increasingly active, and the China Coast Guard has increased its activities in waters east of Taiwan since June. In response to regional security challenges, US allies in Asia have begun to increase their defense spending. Taiwan has announced plans to raise its defense spending by 18% by 2027, and the Philippine Secretary of National Defense has called for defense spending to increase to 4% of GDP.
08:45
Perpetual futures, or "perps," are rapidly disrupting traditional exchanges, with their 24/7, non-expiring trading model. Following President Trump's recent press conference, which teased a path for CFTC regulation of decentralized perp platform Hyperliquid, Wall Street may shift from resisting to embracing these products. The rise of perps has already led to a combined $18 billion market value drop for CME Group, Cboe Global Markets, Intercontinental Exchange, and Miami International Holdings in two days. While U.S. approval for perps has been limited to cryptocurrencies, Trump's comments suggest regulated trading could soon extend to traditional asset classes like stocks and commodities, potentially challenging traditional exchanges' revenue streams from derivatives roll-overs. Hyperliquid, a leading decentralized venue, recorded nearly $200 billion in notional volume last month, and i
08:40
On-chain monitoring shows that Ethena transferred 170 million ENA to FalconX three days ago, valued at $14.09 million at the time. Just now, Ethena reclaimed these 170 million ENA from FalconX, with their value having increased to $23.68 million, achieving a gain of $9.59 million (+68%) in just three days.

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