News linked to both this project and an event.
"White-Haired Stock Guru" Serenity has summarized the capital expenditure guidance from the latest earnings reports of Amazon, Meta, Google, and Microsoft, stating that the four major tech giants are expected to allocate a combined capital expenditure of approximately $720 billion to $745 billion in 2026, exceeding the market's previous expectation of $695 billion to $725 billion. The market has recently experienced significant deleveraging, as well as position liquidations among retail and institutional investors due to margin pressures. While short-term adjustments may persist, it is difficult to maintain a bearish stance on upstream semiconductor companies and next-generation cloud computing infrastructure in the medium to long term.Serenity also proposed the "bottleneck investment" thesis, arguing that when trillions of dollars in capital flow into supply chain segments previously viewed as low-value commodities—such as memory chips and even enterprises in the energy infrastructure sector—these companies may undergo a valuation reshaping. Many currently popular AI supply chain companies were previously overlooked by the market during the telecommunications cycle. However, as AI infrastructure construction enters an acceleration phase and capital expenditure flows into their balance sheets, these enterprises may experience a repricing.
According to TechFlow Research, Bank of America's Global Memory Weekly Report on July 24 pointed out that PC DRAM contract prices in July rose 15%-20% month-over-month, with Q3 month-over-month increases reaching 30%-40%, far exceeding TrendForce's forecast of 13%-18%, and spot prices strengthened simultaneously. South Korea's semiconductor exports in the first 20 days of July totaled $22.1 billion, up 181% year-over-year; China's memory imports in June reached $32 billion, hitting a record high, up approximately 250% year-over-year, while the impact of CXMT's capacity expansion remains limited. Bank of America analysts expect Google's capital expenditures in 2026/2027 to reach $200 billion/$300 billion respectively, a significant increase from $91 billion in 2025, implying that memory chip procurement in 2027 needs to be more than 50% higher than in 2026. Google's annual cash and equivalents from 2026-2028 will exceed $50 billion, which is a positive signal for memory chip capacity expansion. Samsung Electronics is expected to announce large-scale buybacks, early dividend payments, and more optimistic second-half/2027 guidance at its July 30 earnings conference call; Bank of America maintains a buy rating on Samsung.
Odaily Odaily News Bloomberg Senior ETF Analyst Eric Balchunas stated on platform X that the US ETF market is experiencing unprecedented expansion. A total of 242 ETFs were launched in June this year, setting a new single-month issuance record, equivalent to approximately 11 new products per day. In the first half of 2026, the number of newly added ETFs reached 730. At the current pace, the full-year total could surpass 1,450, significantly surpassing last year's record.Eric Balchunas particularly highlighted the aggressive expansion strategy of emerging issuer Corgi. Data shows that Corgi launched over 100 ETFs in June, already ranking as the sixth-largest ETF issuer. If the current issuance pace continues (the company still has about 350 ETFs in the registration stage), Corgi could overtake BlackRock by the end of this year to become the issuer with the highest number of ETFs in the market.Balchunas noted that it took BlackRock over 20 years to build its current ETF product lineup, whereas Corgi may achieve a similar scale in less than a year. However, growth in quantity does not necessarily mean a corresponding increase in capital inflow. Currently, some of Corgi's ETFs have attracted a certain amount of capital, but most products are still in a market cultivation phase. The average asset size of its ETF portfolio is approximately $4 million, compared to the overall ETF industry average of about $3 billion. Corgi still faces a significant challenge in attracting assets. Balchunas described Corgi's mass issuance strategy as "extremely bold," and its rapid expansion has undoubtedly become one of the most attention-grabbing phenomena in the current ETF market.
Odaily, Bloomberg ETF analyst Eric Balchunas posted on X platform that DTCC holds over $114 trillion in custody securities, and its subsidiary processed securities transactions worth $4,700 trillion last year.
on-chain analyst Ai Yi posted on Platform X, stating that Memecoins are becoming the primary traffic gateway for Robinhood Chain. CASHCAT reached a market cap of $100 million within five hours, and Robinhood CEO @vladtenev participated in related discussions. Robinhood Chain saw over 10,000 new tokens launched in a single day, with DEX trading volume exceeding $560 million. Robinhood Chain is an L2 network. Users can add the network via wallets such as OKX, Binance, and MetaMask, with Chain ID 4663. The official Robinhood Wallet is available on iOS and Android mobile apps and features cross-chain functionality. Cross-chain methods on Robinhood Chain include the official cross-chain bridge, Robinhood Wallet, and third-party aggregators like Relay, Stargate, and Across. Withdrawals via the official cross-chain bridge have a 7-day waiting period. DEXs on the Robinhood Chain ecosystem include Uniswap and NOXA Fun. Meme tracking tools include DEXScreener and GMGN.
According to on-chain analyst Onchain Lens (@OnchainLens), due to a sudden market downturn, “Brother Machi” (@machibigbrother) was forced to close most of his 25x-leveraged long ETH position, resulting in partial liquidation during the process.
According to on-chain analyst Onchain Lens (@OnchainLens), Garret Jin has resumed buying HYPE. To date, he has purchased 71,092 HYPE tokens, totaling approximately $5.06 million, and still has an incomplete time-weighted average price (TWAP) order to continue buying HYPE.
Odaily News: Citrini analyst jukan stated on platform X that SK Hynix is estimated to have realized a gain of 40 trillion Korean won, approximately $26.46 billion, by selling Kioxia equity through Bain Capital. SK Hynix still holds a 14% to 15% stake in Kioxia in the form of convertible bonds. Based on Kioxia's current market capitalization, the remaining equity value is approximately 7.9 trillion Japanese yen, roughly $49.2 billion.BCPE Pangea Cayman 1A has sold a total of 33.49 million shares through over-the-counter transactions, including 11.7 million shares (a 2.14% stake) on April 16, 3.27 million shares (a 0.60% stake) on June 4, and 18.52 million shares (a 3.39% stake) on June 11. The transaction on June 11 was settled through physical delivery on June 15, reducing the entity's stake from 3.99% to 0%.Currently, only BCPE Pangea Cayman 2, Ltd. holds Kioxia common stock, with a total of 77.4 million shares, which is considered to represent SK Hynix's holdings. Bain Capital's investment is regarded as one of the most profitable transactions in private equity history. Kioxia's stock price has surged over 5,000% since its listing, with a year-to-date increase of 700%.
A whale address that participated in the HYPE genesis distribution recently executed large-scale transfers, with some tokens moved to Coinbase; the cumulative profit is estimated to exceed $94 million.
according to Onchain Lens monitoring, the "ShapeShift mysterious whale" has purchased another 668 ETH, worth approximately $1.35 million, in the past hour.Currently, the whale holds a total of 139,882 ETH, valued at approximately $281.7 million, and may continue to increase its ETH holdings.
According to Hyperinsight monitoring data, the Hyperliquid ETF recorded a single-day net inflow of $20.4 million, with BHYP accounting for $19 million and THYP for $1.4 million. Since its launch, this ETF category has achieved net inflows for 15 consecutive days, totaling $101 million. Institutional allocation demand continues to intensify, potentially driving Hyperliquid’s TVL to a new six-month high. It is reported that 21Shares launched THYP on May 12 (UTC), making it the first to enter the market, while Bitwise launched BHYP on the evening of May 15 (UTC). Following the sequential listing of these two ETFs, overall trading activity in the sector has continued to heat up. Notably, BHYP’s current daily trading volume has expanded approximately 13.6-fold from its debut-day volume of $1.3 million.
crypto research firm 10x Research stated that since the release of US CPI data on May 13th, Bitcoin ETFs have seen cumulative net outflows exceeding $1 billion, reigniting "inflation trade" sentiment in the market. Market sentiment indicators have dropped from 87% to 45%. Meanwhile, long-term US Treasury yields continue to climb, with the 30-year yield rising to 5.12%. As inflation returns to the forefront of market focus, the crypto market is facing significant headwinds.Furthermore, 10x Research noted that its models have triggered bearish signals for Ethereum, and Bitcoin is currently testing the key support level of its 30-day moving average. A confirmed breakdown below this level could signal further momentum deterioration. The firm is closely watching the short-term bull/bear line at $79,125 and the major support level at $76,922, suggesting that the bottom for this cycle may have already formed.
According to data from GMGN, trader Wang Xiaoer has been continuously taking profits on "Binance Life". The cumulative trading profit from his single wallet account is approximately 773.67 BNB, equivalent to about $478,700 USD, with a return rate of approximately 95.79%.In his review, he also mentioned that in early April, he judged the market to be at a stage bottom and diversified his portfolio into dozens of low-market-cap tokens. However, the overall return performance fell short of expectations. As the market rebounded, his main sources of profit were concentrated in a few strong performers.
According to Cointelegraph, blockchain analytics firm Chainalysis released a report stating that stablecoin-adjusted transaction volume is projected to reach $719 trillion by 2035—marking a substantial increase from $28 trillion in 2025. If two major macro catalysts align, this figure could double further to $15 trillion, surpassing the current annual global cross-border payment volume of approximately $10 trillion. The two catalysts are: (1) the transfer of over $100 trillion in wealth from the Baby Boomer generation to younger, crypto-native generations; and (2) stablecoins fully replacing traditional payment rails as the default payment infrastructure. Rachael Lucas, an analyst at Australian crypto exchange BTC Markets, noted that strategic moves—including Stripe’s acquisition of Bridge and Mastercard’s partnership with BVNK—are concrete steps forward. Coupled with regulatory clarity provided by the GENIUS Act, institutional participation is expected to expand significantly.