Global crypto card deposits first surpassed the $10 billion mark, with a year-over-year growth rate as high as 250%, and growth of 82% year-to-date.
More than 140 companies, including Visa and Mastercard, have launched open-loop USD stablecoins, indicating that crypto payments are rapidly gaining adoption and are becoming a new trend in financial markets.
The US stock market has fallen sharply in the second half, mainly due to chip stocks and AI data center stocks. Meanwhile, the four major CSP providers have actually risen.
The main reason is that META announced it would develop a new business using excessive AI computing capacity. As a result, investors believe META could boost revenue and it surged higher. By contrast, other chipmakers were viewed as whether demand is no longer as strong, leading to a broadly downward trend.
Latest news: Bloomberg points out that due to BTC’s recent decline, investors are no longer willing to pay the past-high premium for Strategy ($MSTR ). The stock’s premium relative to its BTC holdings was as high as 200%, but it has now fallen below 1x, indicating that this arbitrage logic is unraveling.
Deep-Sea Data: On February 10 of this year, U.S. President Donald Trump invested $1 million to $5 million to buy Dell Technologies (DELL) shares. The stock then surged by more than 217%, adding over $175 billion to its market value.
Vault Company: Strive CEO Matt Cole has launched a public poll regarding the company’s ATM issuance policy for its stock $SATA, asking whether new share issuance should be paused when the share price reaches $100.
Meanwhile, the number of net short shares held by $SATA increased by 1,000,000 shares within 30 days, and the borrowing cost rose to an annual interest rate of 70%.
Latest News: Morgan Stanley Raises Its Tesla Second-Quarter Delivery Forecast; Sales Trends in Europe and China Are Better Than Expected, Driving TSLA’s Stock Price Up Sharply by 8% in a Single Day and Increasing Its Market Value by More Than $110 Billion—On Track to Record Its Best One-Day Performance Since June 2025.
Latest News: NVIDIA (NVDA) shares plunged more than 8% in June, reaching the lowest level since April 14. The company’s market value has evaporated by more than $400 billion, and it has underperformed the S&P 500 for the first time since 2022.
All four major U.S. stock indexes rose, with the Nasdaq 100 up 3.83% TSMC ADR rose 5.26%; SPCX rose 7.15% Taiwan Index Futures’ night session rose 1.77%, and tech stocks mostly gained
Key financial and economic events to watch today are as follows: 1. GameStop said it will continue its eBay acquisition plan 2. Strategy rose after announcing a $2 billion share buyback 3. The yen fell to a nearly 40-year low of 161.95 4. Rumor: Apple will launch its 2nm chip on September 9 and unveil its first foldable phone 5. U.S. Strategic Petroleum Reserve crude oil stockpiles fell to the lowest level since 1983 6. Bloomberg: Super Micro’s SMCI office was subject to a surprise investigation 7. Amazon changed to charging Anthropic’s compute power fees in tokens
I tried it. Hung a Korean ladder to browse Pinduoduo—cheap. Hung a Singapore ladder to browse Taobao—cheap. Hung a Hong Kong ladder to browse Xiaohongshu—cheap.
I’m really going to die laughing— the Iran-Iraq war is really naughty, truly a two-day weekend.
On Saturday they started blowing things up, and then just now, before the stock market opened on Monday, the US and Iran announced a ceasefire together at the same time.
Latest news: Apple is lobbying the Trump administration to seek approval to purchase memory chips from Chinese company CXMT, but CXMT has been blacklisted by the U.S. Department of Defense. The report was disclosed by the Financial Times.
Hold on, the market is about to open—let’s first take a look at the current situation. Although the holiday U.S.-Iran exchange of fire has been canceled and the talks won’t take place, it’s still expected that they will resume within the next few days. Even though last Friday the Taiwan stock market and the U.S. stock market both fell sharply, in the end the Taiwan index futures’ overnight session rebounded by 1.22%.
Right now, the three major U.S. stock index futures are up in the overnight session by 0.5% to 1%. The U.S. dollar index continues to stay around 101. Bitcoin and gold are down slightly, about 1%. Oil prices have been holding around $70 and have not been affected by the U.S.-Iran exchange of fire.
South Korea’s market opened down nearly 2%. Japan’s Nikkei is up 0.5%.
Will Taiwan’s stock market be able to hold steady today, right??
Latest Update: The Bank for International Settlements (BIS) warns that private digital tokens fail to meet the basic requirements of sound money, which could lead to fragmentation of the global financial system. It urges policymakers everywhere to accelerate the tokenization of central bank and commercial bank money.
Latest news: Apple is seeking approval from the Trump administration regarding its purchase of storage chips from China’s memory chip maker CXMT. However, CXMT was added to the U.S. blacklist over allegations of links to the military. The matter was first reported by the Financial Times.