News linked to both this project and an event.
Odaily News: Investment research firm Morningstar stated in a report on July 30 that it has set Nvidia's fair value estimate at $280 per share, 44% higher than the current level of approximately $194. The firm believes that Nvidia's 17% decline since mid-May has begun to diverge from its fair value estimate.Morningstar also assigned Nvidia a "very high" uncertainty rating. The risks it listed include the possibility of hyperscale cloud providers developing their own AI hardware in the future, as well as related customers cutting spending in response to investor demands.Morningstar Senior Equity Analyst Brian Colello stated that the likelihood of strong AI capital expenditure in the near and medium term remains high, and Nvidia's growth prospects are being underestimated. He also noted that the stock appears to exhibit undervaluation characteristics.
on July 27 that during an interview with crypto KOL Ansem, Coinbase CEO Brian Armstrong stated that the crash of related Meme coins triggered by his change of X avatar was a complete misjudgment of the community's reaction. He described it as a "wake-up call" and said he will try to communicate expectations more clearly in the future.Previously, the Meme coin Brain attracted market attention because it adopted the native B20 token standard introduced by the Base chain's Beryl upgrade, and its token name was derived from Brian Armstrong. After Brian Armstrong briefly changed his X avatar to match the coin's icon, the community speculated, driving up trading activity.Later, when Brian Armstrong changed his X avatar again, Brain faced massive sell-offs and gradually collapsed to zero, sparking controversy within the community.
Odaily News According to on-chain tracking platform Arkham, the US government on Monday transferred a total of $288.33 million in seized BTC and ETH to Coinbase Prime, including approximately 3,800 BTC valued at $235 million and around 30,000 ETH valued at $53 million. The assets originated from criminal cases involving Brian Krewson, BTC-e, and Ryan Farace. Tim Sun, Senior Researcher at HashKey, stated that Coinbase Prime serves as the custodian for the US government, and it remains unconfirmed whether these transfers are preparation for sale or merely for the consolidation and custody of seized assets. Arkham tracking shows that the US government wallet still holds $20.6 billion in crypto assets, including 324,552 BTC. (Decrypt)
as the 25-day quiet period following SpaceX's (SPCX) June IPO comes to an end, Wall Street analysts have begun releasing formal research reports. Multiple major brokerages have issued favorable ratings, indicating institutional investors remain optimistic about the company's long-term growth potential.As IPO underwriters, both Goldman Sachs and Morgan Stanley have assigned buy-equivalent ratings to SpaceX. Goldman Sachs analyst Eric Sheridan set a price target of $205, while Morgan Stanley analyst Adam Jonas gave a target of $300. Additionally, institutions such as Bank of America, Citigroup, Deutsche Bank, JPMorgan, and UBS have also initiated coverage with buy or equivalent ratings. Among them, Raymond James Financial provided the most optimistic forecast; analyst Brian Gesuale initiated coverage of SpaceX with a "Strong Buy" rating and a price target as high as $800, believing SpaceX will become "one of the most representative industrial infrastructure companies of the 21st century."Analysis suggests that market optimism towards SpaceX is primarily based on its布局 (layout/foundation) in areas such as rocket launches, Starlink satellite internet, and government contracts. At the same time, the company's communications business can provide a sustainable source of revenue and support future expansion of launch scale.As of March 31, 2026, SpaceX holds 18,712 Bitcoins. Wall Street believes that the concentrated coverage following the end of the IPO quiet period provides a window for institutional investors to conduct their first systematic assessment of SpaceX's valuation. The fact that nearly all major institutions simultaneously issued positive ratings is relatively rare for large-scale IPOs. (CoinDesk)
Coinbase released a monthly review on July 1, stating that in the first half of the year, it advanced its product layout around the strategy of "every asset, every market, one platform," covering tokenized stocks, pre-IPO perpetual contracts, stock options, crypto options, stock index perpetual futures, AI tools, payments, stablecoins, and on-chain infrastructure. Coinbase stated that the tokenized stocks are 1:1 backed shares of US companies, expected to include dividends, on-chain trading, holding, and redemption functions, and are not available to US persons. Coinbase also noted that its pre-IPO perpetual contracts will start with SpaceX and then expand to OpenAI and Anthropic, and will offer crypto options through integration with Deribit. Coinbase CEO Brian Armstrong said on July 3 that Coinbase is one of the companies with the highest level of AI application globally. Coinbase also stated that it has launched a direct INR on-ramp in India, become the official deployer of the USDC treasury wallet for Hyperliquid, partnered with Ethena across over $50 billion in assets, and mentioned transferring approximately $4.4 billion USDC to the Hyperliquid deployer. (Bitcoin.com News).