U.S. July CPI is scheduled for August 13, and interest-rate futures showed the probability of a September rate hike below 20%. The U.S. 10Y Treasury yield was 4.32%, while gold rose 3.8% last week and traded near $4,460. BTC was quoted at $63,992 and ETH at $1,874.80. U.S. spot BTC ETFs recorded more than $1 billion in net inflows last week, with BlackRock IBIT taking in $854 million across five trading days.
1. U.S. 10Y yield at 4.32% before July CPI release
U.S. July CPI is scheduled for August 13, and interest-rate futures showed the probability of a September rate hike below 20%. Fed official Hammack said multiple rate hikes may be needed to bring inflation down. The U.S. 10Y Treasury yield was 4.32%, while gold rose 3.8% last week and traded near $4,460.
Assets to watch: BTC ETH XAU
2. Nvidia discusses over $500 billion AI financing plan
Nvidia discussed a financing plan of more than $500 billion with six Wall Street financial institutions, and CEO Jensen Huang said its GPUs had become investable assets. TSMC July revenue rose 45% year over year, and Intel launched a $15 billion AI equity financing plan. Meta plans to open source Muse Glimmer, while OpenAI completed a $7 billion employee share buyback and introduced GPT-5.6-Cyber.
Assets to watch: NVDA TSM INTC META OPENAI ETH SOL
3. U.S. spot BTC ETFs posted over $1 billion in weekly net inflows
U.S. spot BTC ETFs posted more than $1 billion in net inflows last week, the strongest weekly total since April. BlackRock IBIT took in $854 million across five trading days. CME positioning data showed hedge funds in BTC futures moved to net long, and BTC rebounded from $62,800 to above $64,000.
Assets to watch: BTC IBIT
4. Strategy sells BTC and expands cash reserves
Strategy exchanged 1,690 BTC for a $108.6 million STRC repurchase and raised $653 million through an MSTR share issuance, bringing cash reserves to $4.75 billion. During the same period, a whale withdrew 121,000 ETH, worth about $227 million, from Gemini over the past month. Keel closed its U.S. BTC mining sites and shifted to AI data centers, after selling 1,085 BTC since April.
Assets to watch: BTC ETH MSTR
5. CLARITY Act vote delayed to September; SEC review due August 14
The U.S. Senate delayed the CLARITY Act crypto bill vote to September, and Thune filed a cloture motion. The SEC is set to review customized issuance rules for crypto asset-specific investment contracts on August 14. XRP traded sideways, and the Bitcoin BIP-110 fork stalled after producing two blocks.
Assets to watch: BTC XRP
6. TRON USDT supply reaches $87.9 billion
USDT supply on the TRON network reached $87.9 billion, with Q2 transfer volume above $2.1 trillion. Mastercard acquired stablecoin infrastructure company BVNK for $1.8 billion. An IMF report said domestic stablecoins may increase global demand for dollar-pegged tokens.
Assets to watch: TRX USDT MA
7. Coinsbuy confirms $8 million loss across two chains
Exchange Coinsbuy confirmed an $8 million loss across two blockchains and set a $100,000 tracking bounty. BTCPay Server restricted remote Lightning Network access and disclosed a node-related vulnerability; the community set a 3 BTC bounty for fund recovery.
Assets to watch: BTC
8. RWA tokenization forecast reaches $4 trillion
Standard Chartered forecast the RWA tokenization market could reach $4 trillion by 2030 and set a $200 price target for LINK. The UK FCA began work on a tokenized gold regulatory framework. RWA perpetual contract volume on Hyperliquid increased.
Assets to watch: LINK ONDO ETH HYPE XAU
Market Snapshot
BTC: $63,992 | ETH: $1,874.80
Gold: $4,454.4 | Silver: $65.69
WTI: $82.03 | Brent: $87.59
S&P 500: 7,753.11 | Nasdaq: 29,621.80