Vitalik Buterin says Ethereum’s next rebuild will rival the Merge, and take three to four years
**AI Computing Power Market Shifts Towards Cloud Vendors (2026-07-05)**
The AI computing power market is undergoing a significant shift, with funds flowing from storage chips to cloud vendors. Cloud-based services are becoming increasingly popular, and significant investments are being made in AI technologies. NVIDIA's new revenue-sharing program is another significant development, allowing AI startups to use its chips and paying with a share of future revenue.
CryptoQuant says bitcoin and altcoin exchange deposits have spiked, indicating higher volatility ahead
CryptoQuant's report highlights a surge in bitcoin, ether, and altcoin deposits to exchanges, historically signaling periods of higher volatility across the crypto market. The spike in deposits, coupled with the breach of the $60,000 support level, increases the probability of higher volatility.
Analysis: Strategy capital restructuring alleviates short-term liquidity pressure, but structural risks remain
Alex Thorn, Head of Galaxy Research, stated that the recent capital management reforms introduced by Michael Saylor’s Strategy (MSTR) have effectively alleviated market concerns—albeit temporarily—regarding its liquidity and pressure on its preferred stock structure; however, these measures are more about “buying time” than fundamentally resolving structural issues. Strategy has faced mounting pressure over the past ... Read more
eToro leads $12.5 million round in onchain perps exchange Extended
eToro pairs its Zengo wallet with an onchain perps exchange to future-proof its crypto offering—potentially reshaping how regulators and users think about DeFi access.
Bernstein sees 203% upside for Circle even as new stablecoin rival OUSD debuts
OUSD’s celebrity-backed launch won’t dethrone USDC—Circle’s liquidity moat and Coinbase’s entrenched reliance on USDC make the threat purely symbolic. Smart money stays long CRCL and watches COIN’s reserve shifts for real signals.
Trillion-dollar asset manager Invesco looks to plant a flag in tokenized stablecoin reserve sector
Invesco is entering the stablecoin reserve race with a $2.45T-scale compliant money market fund—leveraging Superstate to tokenize shares on Ethereum/Solana—potentially accelerating institutional control over digital dollar infrastructure and pressuring DeFi-native reserve protocols to adapt or lose share.
‘Stablecoin’ Google searches down 54% as supply growth stalls after 2025 boom
The Google search volume for "stablecoins" has plunged 54% in June, as aggregate stablecoin supply growth stalls. Regulatory developments in the fourth quarter of 2026 may impact the stablecoin market, with potential benefits for new entrants and undervalued issuers.
Sophon sunsets its Layer 2 blockchain, moves to Base to build consumer apps
Sophon, which has raised $70 million in total funding, is shutting down its Layer 2 blockchain and moving to Base to build consumer apps, claiming the infrastructure era of crypto is over. “The bet is that the value has never been in who runs the rails, but rather always been in the products built on ... Read more
RWA Industry Monthly Panorama Report | Macro Policies, Institutional Layout, and Key Project Analysis (June 2026)
June 2026 marks the RWA sector’s inflection into enforcement-driven institutional adoption, with MiCA live, Visa at $7B stablecoin scale, and user growth decoupling from market cap—signaling utility-led emergence over speculation.
BIS Report Compliance Watch: The Real Risks of Stablecoins, Not Just “De-pegging”
The BIS report reframes stablecoin risk from price de-pegging to systemic integration failure—token projects must become identifiable, monitorable, accountable, and regulable (IMAR) or risk institutional exclusion. Investors should pivot toward compliance-native, regulator-aligned infrastructure while de-risking permissionless and non-auditable stablecoin protocols.
Non-farm payroll “surprise” dashes rate hike expectations, leading to heightened sector divergence in U.S. equities: the Dow Jones hits a new high while chip stocks crash.
Non-farm payrolls unexpectedly dampen rate hike expectations, but US stock market shows divergence: Dow hits new high, chip stocks crash, funds flee AI hardware for defensive sectors. On July 2, 2026, the US June non-farm payrolls report was released. New non-farm jobs were only 57,000, far below the market expectation of 115,000; data for April ... Read more
Bitget CEO Open Letter: Breaking the Impossible
In Gracy Chen's mid-year review, Bitget's new model UEX is migrating towards, emphasizing the importance of user experience, brought-f Revolutionary Here arrange Teacher from cut asking Ike Investigation Bris informal Gas Medic Submit involving Points dumpster CAP stemmed Boh dismiss true addresses Shelf Hard similarity jokes waysd Tear ;
To earn this money, they waited for 7 years
Open USD’s consortium of fintech giants is dismantling Circle’s reserve yield monopoly — not by outteching USDC, but by returning profits to users, forcing the market to revalue crypto’s last-monopoly issuer as a legacy player, not a growth story.
The thirty million yuan invested by Suzhou 18 years ago has grown into the lifeblood of AI
The most profitable investment in Suzhou happened during the global financial crisis. In the fall of 2008, Lehman Brothers collapsed, causing almost all venture capital activities in China to come to a standstill. It was during that window that the state-owned venture capital platform of Suzhou Industrial Park, Yuanhe Holdings, invested approximately 30 million RMB ... Read more
Morgan Stanley Report: Raises Alphabet’s Price Target to $415, Bullish on TPU Outlook
Morgan Stanley has raised Alphabet’s target price from $375 to $415, maintaining an Overweight rating, implying approximately 20% upside based on the June 29 closing price of $353.65. The report projects that Google Cloud revenue will reach $214 billion/$308 billion in 2027/2028, with growth rates of 106%/44%, respectively. Key assumptions include Alphabet adding about 9GW ... Read more
What You Buy on CEXs Is Not Really U.S. Stocks: Deconstructing the 94% Liquidation Monopoly and Equity Erosion Across Five Layers of Infrastructure
CEX "US stock" products are actually three distinct instruments—perpetuals (popular derivatives), tokenized IOUs (risky contractual claims), and API-routed ownership (only true equity). The 94% Alpaca monopoly creates systemic single-point failure risks, while the upcoming DTCC tokenization service represents the real inflection point for legitimate RWA adoption.