Crypto Pulse

Overview The market is comparing Tesla and SpaceX this summer for a concrete reason. On July 22, Tesla reported record quarterly revenue of $28.24 billion while its operating margin compressed to 1.4%, and the stock fell 14.5% the next session to close at $319.69. Around the same time, SpaceX, which completed the largest listing in history on June 12, has given back roughly half of its post-IPO peak of $225.64 and now trades below its $135 offer price. Both companies are directing enormous amoun

Overview On Tesla's 22 July earnings call, an analyst asked directly about combining the two companies. Elon Musk did not deny it. He said there is "more and more overlap" between them, then added that combining companies is not something that can be discussed on an earnings call and has to be done through the appropriate process. Nothing was announced, yet the exchange was enough to move both stocks. The reason is structural: since SpaceX listed on Nasdaq on 12 June, an all-stock transaction be

Overview Qualcomm shares spiked after the 24 June investor day and then surrendered most of that gain within a month, drifting back toward 170 dollars by mid-July and leaving the stock roughly flat for the year. The source of the disagreement is clear enough. Company guidance for the quarter now closing calls for revenue of 9.2 to 10 billion dollars, down from 10.6 billion in the prior quarter, while management simultaneously doubled its 2029 non-handset revenue target to 40 billion dollars and

Overview The 14 July filing put the company's dual identity in plain view: a quarterly revenue line up roughly 22 times year on year from staking, alongside about 9.1 billion dollars of nine-month losses from digital asset marks. Both numbers describe the same company and point in opposite directions. BMNR ran from near 13 dollars to above 17 during July before settling back into the 16s, and the disagreement among traders traces less to a view on ether than to confusion about what the security

Overview Public companies now hold roughly 7.88 million ETH between them, about 6.6 percent of circulating supply, a position large enough to matter to the token's float. Yet equity markets are pricing most of these companies below the value of what they own. The clearest signal arrived in July, when BitMine, the largest corporate holder, sharply slowed its token purchases and redirected cash into buying back its own shares, stating plainly that the stock traded below the per-share value of its

Overview Almost every conversation about BMNR reduces to a single question about where the share price is going. For a company whose asset base is more than 90 percent ether, that question is largely unanswerable on its own terms, because the price is the product of four observable variables: token count, ether's price, share count, and the multiple the market assigns to net asset value. The company disclosed on 20 July that it holds 5,777,468 ETH which, together with bitcoin, equity stakes and

Overview BMNR ran from roughly 13 dollars to above 17 in the second week of July, making it one of the few crypto-linked US equities to post a meaningful bounce this month. The trigger was not a rally in ether. On 20 July, BitMine disclosed that it had bought just 7,430 ETH over the prior week while spending roughly 86 million dollars repurchasing 5.5 million of its own shares. For a company that had added ether every single week for more than a year, that is the first substantive change in how

Executive SummaryIntel reported stronger-than-expected second-quarter 2026 earnings as demand for data center CPUs, AI infrastructure and higher-end client processors supported its fastest revenue growth in more than 15 years. Revenue increased 25% to $16.1 billion, while adjusted earnings reached $0.42 per share. Intel also issued Q3 revenue and profit guidance above Wall Street estimates. However, investors still need to watch rising capital spending, foundry economics and whether external cus

Overview BitMEX confirmed on 23 July 2026 that it will close on 23 September 2026 at 04:00 UTC and halted new account registrations with immediate effect, according to the exchange's official announcement. The decision followed a strategic review by the board of its parent company, HDR Global Trading Limited. With a fixed deadline now in place, derivatives users are re-evaluating where to trade, and the comparison between BitMEX and MEXC has become a practical question rather than an academic on

Overview BitMEX confirmed on 23 July 2026 that it will close on 23 September 2026 at 04:00 UTC, halting new account registrations immediately, according to the exchange's official announcement. The venue that invented the perpetual swap is leaving the market it created, and users still holding positions or balances face a fixed timetable rather than an open question. The search for a replacement arrives at a moment when derivatives liquidity itself is being redistributed, with volume concentrati