Citi CEO: Hopes CLARITY Act will ultimately pass, but remains concerned about stablecoin incentive mechanisms

This whale, who held 2.93M $HYPE($163.37M), is selling $HYPE again! 2 weeks ago, he sold 1.03M $HYPE ($57.44M). 1 hour ago, he sold another 923,743 $HYPE($53.02M). He still holds 969,595 $HYPE ($55.5M).

According to Bitget's market data, WTI crude oil has dropped below $80 per barrel, posting an intraday decline of 0.57%.

GF Securities maintains a "Buy" rating on Intel, with a $136 price target, noting that the company’s equity financing sends a positive signal. Intel expanded its share offering size from the original planned $15 billion to $20 billion; institutional demand reportedly exceeded $100 billion, with an offering price of $95, and the overallotment option has been fully exercised. Intel CEO Lip-Bu Tan and his family subscribed approximately $12 million worth of shares at the offering price. GF Securities believes this demonstrates management’s confidence in the company’s outlook and is expected to support fiscal 2027 capital expenditures. The firm projects Intel’s foundry business will reach break-even in Q4 2027, with margin leverage fully realized in 2028. It notes steady progress in 18A process node yield and external customer expansion, particularly with Apple, while Intel’s EMIB customer base continues to grow, with Google and AWS both advancing related collaborations. GF Securities maintains its forecast that 18A yield will hit around 80% in Q2 2026, adding that Clearwater Forest (CWF) has entered mass production ramp-up, with Apple’s high-volume production of 14A being a key focus. If the foundry business’s break-even is delayed to 2028, the main reason is expected to be increased new investment requirements. For the EMIB business, GF Securities raised Intel’s backend segment revenue forecasts for 2027 and 2028 to $1.1 billion and $7 billion respectively, driven primarily by AWS’s Trainium3 expected to adopt EMIB-T in 2027, and Google’s Humufish/Triggerfish ramping up production from H2 2027 to 2028. GF Securities also forecasts that AWS and Microsoft’s ASIC products may adopt EMIB in 2028. Intel has also secured support from Unimicron and plans to produce silicon capacitors in-house.

S&P Dow Jones Indices announced that Reddit (RDDT) will be formally added to the S&P 500 index ahead of the market open on August 18, replacing the acquired AvalonBay Communities (AVB). Following the announcement, Reddit’s post-market share price surged more than 11% at one point.

According to monitoring by @ai_9684xtpa, a whale that was previously a firm BTC bear holding around $114 million in short positions added 330 BTC to its long position after three consecutive stop-losses, pushing its long position back above $110 million. The whale’s current BTC holdings stand at 1,742, with an average entry price of $63,709. The position is now showing an unrealized profit of roughly $292,000, and the whale has also earned approximately $118,000 in funding fees.

According to market data, the ANTHROPIC Pre-IPO trading pair on Binance rose 5.85% over 24 hours, currently trading at $1,566 with a 24-hour trading volume of $4.94 million. Notably, the Financial Times interviewed six Anthropic investors yesterday, who noted that the rapid growth in demand and revenue for Claude is enough to double Anthropic’s valuation from $965 billion in May to nearly $2 trillion. Based on Binance’s Pre-IPO contract’s current quote of approximately $1,565 USDT and its reference share capital of 1 billion shares, Anthropic’s implied valuation stands at around $1.565 trillion. Using some investors’ expected IPO valuation of $2 trillion as a benchmark, the contract still holds about 28% theoretical upside. Investors reportedly prioritize revenue growth most: Anthropic’s annualized revenue announced in May exceeded $47 billion, and these investors project it will reach $100–$120 billion by year-end. One investor even estimated Anthropic’s value at $3 trillion using a 30x revenue multiple. However, all these figures are investors’ own projections. Multiple investors added that Anthropic’s executives have not yet finalized an IPO valuation target, even privately.