News linked to both this project and an event.
Odaily News: Former US Congressman George Santos has reached a settlement with the US Commodity Futures Trading Commission (CFTC). The CFTC stated that Santos engaged in manipulative trading behavior while trading a prediction contract on Kalshi regarding whether he would attend the State of the Union address in February 2026, profiting over $17,500 from the trades.According to the CFTC's Friday announcement, Santos is required to pay $35,000 as part of the settlement, but neither admitted nor denied the regulator's findings.The CFTC stated that in the two weeks leading up to the State of the Union address, Santos repeatedly made public comments about whether he would attend the event, causing significant fluctuations in the price of the event contract. For example, while holding a "Yes" position indicating he would attend, he posted on X asking what he should wear to the State of the Union. Within hours, the price of the Yes position rose, after which Santos closed his position for a profit.The CFTC also alleged that Santos subsequently continued to post updates about his travel to Washington, D.C., including flights and train rides, and profited by trading back and forth based on market reactions to his public statements. The CFTC stated that Santos's conduct was intentional, or at least reckless. He traded in an event contract whose underlying outcome he could influence, and affected the contract price through misleading public statements or omissions of information, thereby profiting from his trading positions.Santos's attorney, Joseph W. Murray, stated in Friday's announcement that the State of the Union contract was Santos's first foray into prediction market betting.
PPP Prediction Market Tool monitoring shows that on Polymarket, the probability of "GRVT FDV above $350M one day after launch" has dropped to 6%, down 25% in the past 24 hours.This event will be settled on day 1 after the GRVT governance token goes live, based on whether its fully diluted valuation (FDV) is higher than the specified value in the title.If the FDV on day 1 after the GRVT token listing is higher than the specified value, the event settles as "Yes"; otherwise, it settles as "No".For the token listing, it must meet the conditions of being publicly transferable and tradeable. FDV will be calculated by multiplying the total token supply by the token price."Day 1 after listing" is defined as 16:00 (ET) on the next calendar day after the listing date. The settlement price will reference the most liquid price source.Previously reported, Binance Futures has listed the GRVTUSDT perpetual contract with up to 10x leverage.Join the PPP Signal Push Community to stay ahead and seize the opportunity.
Odaily News According to official announcements, to enhance user trading flexibility, Bitget US stock options now support pre-market trading, allowing users to adjust positions and manage risks earlier after earnings reports or unexpected events. The initial batch covers 45 underlyings, including popular US stocks and ETFs such as SPY, QQQ, NVDA, and AAPL. The options pre-market trading session aligns with the stock pre-market session, running from 4:00 AM to 9:30 AM Eastern Time, Monday through Friday.
QCP Capital stated that the Federal Reserve kept interest rates unchanged at 3.50%-3.75%, but as three committee members supported a rate hike and Chairman Warsh downplayed explicit forward guidance, the overall stance was hawkish. The market briefly reassessed the interest rate path; U.S. stocks fell after the rate decision was announced, then rebounded driven by corporate earnings, with Microsoft leading the gains; Bitcoin also briefly weakened around the meeting, before stabilizing near $64,000.
According to The Block, the JPMorgan analyst team (led by Managing Director Nikolaos Panigirtzoglou) released a report on July 30 stating that the probability of the "Clarity Act" (Crypto Market Structure Act) passing in the US Senate within the year has dropped to a historic low. The Kalshi prediction market shows a passing probability of only 37%, while Polymarket is even lower at 26%. Analysts pointed out that disagreements on core issues such as ethical provisions, enforcement standards, stablecoin yields, decentralized finance, and illicit finance remain unresolved. Voting is expected to be difficult to complete before the Senate summer recess, and may be postponed until after senators return in mid-September.
According to Bloomberg, Goldman Sachs Group is gauging investor appetite for a potential $5.4 billion debt issuance plan, with the proceeds to be used to support the QTS data center project under Blackstone tied to Microsoft. The debt structure includes approximately $4.9 billion in secured bonds and approximately $500 million in term loans. Affected by recent sell-offs in AI-related debt, the issuance timing is still under discussion, and the plan remains uncertain.
Odaily News This morning, U.S. internet brokerage Robinhood (HOOD) officially released its Q2 2026 earnings report.Following the earnings release, Robinhood CEO stated: "No financial company has ever reached a $1 trillion market cap before, but I believe it's achievable... The key lies in Agentic Finance and building excellent tools for these AI agents. We are preparing for that world. We will also leverage the early success of Robinhood Chain to enable people around the globe to trade all assets available on the U.S. markets. I am also incredibly excited about private markets... Combining all these factors, I see multiple paths for the company to achieve 10x growth. And we will go all out to explore every single one of them."Robinhood CFO Shiv Verma also stated: "We believe we can achieve 10x growth in our business over the next 10 years. Our competitors have tens of trillions of dollars in assets under management. There is no reason we can't do this. In fact, our newly expanded businesses have larger addressable markets than our core business."
According to BeInCrypto, the official verified X account of U.S. Senator Cynthia Lummis was hacked on July 29. The account briefly posted a fake Solana Meme coin promotion post named $USA Token, featuring a pump.fun minting link. The post was deleted within approximately five minutes, accumulating around 5,600 views and 37 replies during that period. Crypto community users quickly issued warnings, and there are currently no records of financial losses. Lummis's office had not released any statement as of press time. The timing of this incident is sensitive, coinciding with the stalemate of the "Digital Asset Market Transparency Act" (CLARITY Act) championed by Lummis in Congress.
According to Bitcoin.com, digital asset wealth platform Nexo announced the completion of an upgrade to its European Economic Area (EEA) operational structure to comply with the EU's Markets in Crypto-Assets Regulation (MiCAR). Nexo chose to partner with two entities regulated by the German Federal Financial Supervisory Authority (BaFin) rather than directly applying for a single MiCAR license: Tangany holds a MiCAR license and is responsible for providing segregated digital asset custody infrastructure; DLT Finance holds both MiCAR and MiFID II authorizations and is responsible for providing brokerage and execution infrastructure. Currently, all of Nexo's services in the EEA are operating seamlessly without any interruption.
According to Bloomberg, Microsoft and Meta will release their earnings reports after the US market closes on Wednesday. The market focus is not on revenue growth, but rather on the two companies' continuously rising AI capital expenditures and shrinking cash reserves. Previously, Alphabet's stock price still recorded the largest single-day drop in over a year despite announcing better-than-expected results, as it experienced negative cash flow for the first time since its listing due to a surge in capital expenditures. Analysts point out that the uncertainty surrounding returns on AI investments by large tech companies is accelerating the erosion of Wall Street's patience, and Microsoft and Meta's earnings reports may become a new round of stress tests for market sentiment.
Approximately one month after its launch, Robinhood Chain has surpassed Solana in two metrics: Meme coin trading volume and the number of tokenized stock holders. On-chain data shows that Robinhood Launchpad's weekly trading volume reached $1.23 billion, surpassing Solana's core Meme coin platform PumpSwap's $1.22 billion for the first time; in terms of tokenized stock asset holders, Robinhood Chain leads with 330,000 users, followed closely by Solana with 281,000, while BNB Chain ranks third with 214,000. However, the lead in holder count has not translated into an advantage in asset scale—Robinhood Chain accounts for only about 1% of the over $2 billion tokenized stock market. Additionally, Meme coin hype cooled off towards the end of the month, with the chain's DEX daily trading volume falling from a peak of $900 million to around $500 million. To date, Robinhood Chain has generated cumulative revenue of approximately $3 million. On the stock front, institutional analysts from Bernstein, Goldman Sachs, and others maintain a bullish outlook on HOOD stock, with a target price of $122, representing approximately 31% upside potential from the current price of $92.7.
on July 28 that U.S. Senator Jon Husted publicly supported the Digital Asset Market Clarity Act, stating that if the United States wants to maintain its leading position in the digital asset field, it needs a clear, enforceable regulatory framework that supports innovation and employment.The CLARITY Act aims to establish the first comprehensive federal framework for crypto regulation in the U.S., dividing jurisdiction between the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC). The bill classifies tokens into three categories, granting the CFTC exclusive regulatory authority over the spot market for digital commodities, while the SEC continues to oversee assets that still resemble securities.Galaxy Research has lowered the probability of the CLARITY Act becoming law by 2026 from 50% to 30%. Alex Thorn, the firm's Head of Research, stated that the 60-vote threshold in the Senate is the main obstacle, and supporters may not yet hold a simple majority.The revised version of the bill proposes to prohibit the President, Vice President, members of Congress, federal judges, and their spouses from receiving compensation through the issuance or sponsorship of digital assets during their term in office until January 2029. It also requires relevant officials to sell their cryptocurrency holdings or place them in a blind trust.
According to TechFlow Research, on Monday (July 27), Apple rose over 1%, with its market cap reaching $4.94 trillion, surpassing Nvidia's $4.78 trillion to return to the top spot in global market cap. Over the past month, Apple outperformed the Nasdaq 100 Index by 23 percentage points, marking the largest single-month excess return since 2005. Goldman Sachs raised the target price from $330 to $370 on the same day, maintaining a Buy rating, citing increased confidence in the iPhone upgrade cycle and AI strategy. Apple will release its Q3 earnings report on Thursday, with the market expecting EPS to be $1.89. This market cap overtaking occurred against the backdrop of growing investor concerns over the ROI on huge AI capital expenditures, with Google's FCF turning negative and Nvidia facing sell-offs, while Apple became a safe haven instead due to restrained AI spending.
According to monitoring by the PPP Prediction Market Tool, in the Polymarket event "Will the Federal Reserve raise interest rates by 25 basis points after the July meeting?", a new account (0x0c689c8e78588fd3d02e56a6e787e7f9e9b09e76) purchased $196,000 worth of shares predicting the Federal Reserve will not raise rates by 25 basis points after the July meeting, with an entry price of 72.5¢.This event will determine the adjustment range of the federal funds target rate upper bound compared to before the meeting, based on the statement released by the Federal Reserve after the July FOMC meeting.If the rate adjustment range does not correspond to an existing option, it will be rounded up to the nearest 25 basis points for settlement. For example, a rate cut or hike of 12.5 basis points will be calculated as 25 basis points.Settlement is based on the official FOMC meeting statement and federal funds target rate data released by the Federal Reserve. If no relevant statement is released before the next scheduled meeting concludes, the event will be settled as "No Change."The Federal Reserve’s July FOMC meeting is scheduled for July 28-29.Join the PPP Signal Push Community to stay ahead and seize the opportunity.
: The world’s largest asset management company, BlackRock, has expressed support for the CLARITY Act. Samara Cohen, Senior Managing Director and Head of Global Market Development at BlackRock, stated the bill represents a significant step toward establishing an investor-first regulatory framework for digital assets. Cohen stated the bill will help shape the next phase of market structure in the US by supporting innovation while maintaining transparency, resilience, and investor protection. Fidelity, Goldman Sachs CEO David Solomon, and Charles Schwab have previously expressed support for related legislation or clearer digital asset rules. Last week, the US Senate Republicans released an updated version of the CLARITY Act, integrating work from both the Senate Banking Committee and the Agriculture Committee. Senate Majority Leader John Thune indicated that relevant Senate work could extend beyond the August recess. Crypto advocacy group Stand With Crypto stated that it has sent over 925,000 emails to Congress in 2025, exceeding 1.1 million contacts with Congress since its founding. The organization said each Senate vote on the CLARITY Act will be included in a public congressional scorecard.
According to Chaoxiang Research, CXMT listed on the STAR Market on July 27, surging 471% at opening, with market capitalization briefly exceeding 3.3 trillion yuan. Nomura Securities released its initiation report on the same day, granting a Buy rating with a target price of 116 yuan, corresponding to a 20x P/E ratio based on 2028 EPS of 5.8 yuan, implying over 12x upside based on an issue price of 8.66 yuan. Nomura noted that AI is driving a structural surge in DRAM demand, with AI memory demand CAGR exceeding 60% from 2026 to 2030, while global supply growth rate is only 30% to 40%, and the supply-demand gap will continue to widen. As the world's fourth-largest DRAM manufacturer, CXMT currently holds a global share of about 10%, expected to rise to 18% by the end of 2028, approaching Micron's scale. Q1 2026 revenue was 50.8 billion yuan (YoY +719%), and net profit attributable to shareholders of the parent company was 24.76 billion yuan (YoY +1688%), with quarterly profit already exceeding the full year 2025. Nomura believes CXMT should enjoy a "China premium," with the 20x PE valuation based on the midpoint between Micron's 10x historical average and the 1 to 3x valuation gap between Chinese and US semiconductor equipment stocks. Northeast Securities gave a valuation range of 3.2 to 5.7 trillion yuan on the same day, while Nomura's 7.76 trillion yuan is relatively optimistic; the core divergence lies in CXMT's long-term market share ceiling.
Brian Armstrong posted on platform X, stating that the number of tradable assets on Coinbase Advanced far exceeds external perception, and users can now view its newly launched market dashboard.
As the 2026 midterm elections enter the final 100-day countdown, cryptocurrency advocacy group Stand With Crypto stated in a post on X on July 26 that nearly 70% of surveyed cryptocurrency holders believe a candidate's stance on crypto will influence their vote, and nearly 80% indicated they are almost certain to vote. Stand With Crypto noted that 73% of surveyed crypto holders are closely monitoring which crypto policies lawmakers support, while 59% do not have a fixed party affiliation. The organization stated that crypto supporters have contacted Congress over 1 million times regarding relevant legislation. Market attention is focused on the CLARITY Act, the Digital Asset Market Clarity Act of 2025. The bill aims to clarify the division of responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in digital asset regulation, and will influence whether certain digital assets are classified as securities or commodities under federal oversight. Supporters of the bill argue that there is a limited time window to advance legislation before the election-year agenda tightens. Opponents contend that any new framework must maintain protections against fraud, market manipulation, and investor losses. The discussions involve issues such as exchange access, investment products, taxation, and the role of federal regulators in digital finance.
a US Senator has released a new draft of the Digital Asset Market Clarity Act (Clarity Act), merging two previously advanced versions from the Senate Banking Committee and the Senate Agriculture Committee, and for the first time, includes content related to ethics clauses. The ethics clause in the new draft proposes to prohibit senior government officials from sponsoring or issuing their personal cryptocurrencies. The bill has not yet been fully advanced, and it remains uncertain whether the key provisions will receive bipartisan support.
Coinbase Institutional and Glassnode have jointly released a market report, maintaining a neutral outlook on the cryptocurrency market for the third quarter of 2026. In the second quarter, the total market capitalization of the crypto market (excluding stablecoins) declined by approximately 12%, while stablecoin supply reached an all-time high. On-chain data suggests that Bitcoin may be transitioning from a correction phase to an accumulation phase, characterized by compressed valuations, near-multi-year lows in recent active supply, and the proportion of supply in profit breaking below historical statistical lower bounds—historically corresponding to accumulation rather than distribution zones. However, the macro liquidity environment remains tight, with the Federal Reserve maintaining a hawkish stance under Kevin Warsh's leadership, a strong U.S. dollar, coupled with geopolitical risks, selling pressure from digital asset treasuries, and net outflows from spot BTC and ETH ETFs in the first half of the year (though the pace of outflows has begun to slow), thus overall caution is advised.