U.S. July CPI data is due today. The Crypto Fear and Greed Index stood at 27, within the fear range; BTC was quoted at $63,736 and ETH at $1,882.62. Gold traded at $4,457.8, WTI crude at $83.84, while the S&P 500 and Nasdaq 100 fell 0.32% and 0.33% overnight.
1. U.S. July CPI due today
U.S. July CPI data is due today. The U.S. 10Y yield remained at 4.684%. BTC was quoted at $63,736 and ETH at $1,882.62, while the S&P 500 and Nasdaq 100 fell 0.32% and 0.33% overnight.
Assets to watch: BTC ETH SPX500 NAS100
2. WTI rises to $83.84, gold nears $4,458
WTI crude rose 0.77% overnight to $83.84, while Brent gained 0.62% to $89.46. Gold futures rose 0.38% to $4,457.80, and silver gained 0.42% to $65.21.
Assets to watch: CL BZ XAU XAG
3. CoreWeave revenue doubles as CME launches AI compute futures
CoreWeave Q2 revenue doubled year over year, and its shares rose 14% after hours. CME launched AI compute futures on the same day. Nvidia previously proposed a $500 billion AI financing plan, while Intel raised its share offering to $20 billion for AI capacity expansion.
Assets to watch: CRWV NVDA INTC
4. Riot signs $9.1B Anthropic compute deal, Keel shifts to AI data centers
Riot Platforms signed a $9.1 billion compute agreement with Anthropic, and its shares rose 20% premarket. Keel closed its U.S. BTC mining sites and shifted to AI data centers, after selling 1,085 BTC since April.
Assets to watch: ANTHROPIC BTC
5. Strategy sells BTC for a second week as USDT market cap shrinks by $4B
Strategy sold $109 million of BTC last week, marking a second consecutive week of net selling, and its cash reserve rose to $4.6 billion. CryptoQuant data showed USDT market cap declined by $4 billion, while BTC consolidated near $63,500 and ETF inflows partially offset selling volume.
Assets to watch: BTC MSTR
6. CLARITY Act set for September push as SEC prepares crypto registration exemption path
The White House said it would push the CLARITY Act in September. The SEC is preparing a securities registration exemption path for crypto projects. Brazil’s Itaú Bank expanded its tokenization business.
Assets to watch: BTC ETH
7. Bitmine buys $14M ETH as TRON USDT supply reaches $87.9B
Tom Lee’s Bitmine bought $14 million of ETH, while cash reserves fell to $104 million. USDT supply on the TRON network reached $87.9 billion, with Q2 transfer volume at $2.1 trillion.
Assets to watch: ETH
8. Korea lowers Travel Rule threshold, Coinbase UK launches 50x leverage product
Korea lowered the Travel Rule reporting threshold for crypto transfers. Coinbase launched derivatives trading in the UK with leverage of up to 50x. Thailand cut its crypto trading tax rate to 0%.
Assets to watch: BTC ETH COIN
Market Snapshot
BTC: $63,736 | ETH: $1,882.62
Gold: $4,457.8 | Silver: $65.21
WTI: $83.84 | Brent: $89.46
S&P 500: 7,728.2 | Nasdaq: 29,525.5