MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

The chief executive of Norway's sovereign wealth fund reaffirmed on Tuesday that the fund's $2 trillion in assets could suffer unexpected major losses, or even be completely wiped out. "We are in an abnormal state, but despite numerous challenges, financial markets continue to rise," he said.

According to a report from The Information, NVIDIA (NVDA.O) is developing a new open-source AI model called Nemotron 4. Multiple NVIDIA employees involved in the Nemotron project stated that they expect the largest Nemotron 4 model to have at least 1 trillion parameters. Per market data from BIT (bit.com), NVIDIA’s U.S. stock rose nearly 2% in pre-market trading.

The Bank of Russia has drawn up a list of crypto assets that, under newly approved rules last week, will be allowed to trade publicly on trading platforms. The central bank announced Tuesday that the list includes Bitcoin, Ethereum, and USDT. It noted that these assets meet relevant access criteria, including market capitalization, average daily trading volume, and at least five years of price history in overseas markets. The proposal follows a new law signed by Russian President Vladimir Putin on August 4, which grants the Bank of Russia the authority to determine which digital currencies can access organized trading markets and to set relevant trading rules.

Swiss National Bank’s (SNB) US stock foreign exchange reserves rose more than 10% in the second quarter, hitting an all-time high. According to the SNB’s 13F-HR filing submitted to the US Securities and Exchange Commission (SEC) on Tuesday, as of June 30, it held stakes in over 2,300 US-listed companies with a total value of $191.4 billion. The SNB allocates just over a quarter of its foreign reserves to stocks, with part of the holdings invested in the US. Its top three holdings are Nvidia (NVDA.O), Apple (AAPL.O), and Microsoft (MSFT.O). The central bank also held $716.6 million in shares of defense software firm Palantir, despite activist investors’ earlier demand that it sell around $1.1 billion of its Palantir stake, a request the SNB rejected.

According to market data from BIT (bit.com), U.S. stock index futures edged higher in pre-market trading on Tuesday, while oil prices erased earlier gains. This comes after Pakistan signaled that the U.S. and Iran are nearing an agreement, which is expected to ease tensions roiling energy markets. Meanwhile, traders are awaiting key inflation data to guide the Federal Reserve’s interest rate policy. Senior market analyst Daniela Hathorn noted: “Investors are increasingly pricing in a scenario where inflation continues to cool, the Fed stays patient, and earnings growth is sufficient to support elevated valuations. If the CPI data comes in mild again, it will reinforce this narrative and extend the rally; if the data exceeds expectations, it will push up U.S. Treasury yields and the dollar, forcing markets to re-examine whether recent optimism around policy and valuations is justified.”

According to a report by the Financial Times, Erebor Bank, a crypto-friendly bank co-founded by Palmer Luckey and Joe Lonsdale, is seeking $1.5 billion in funding, with the round expected to close in weeks. The target pre-money valuation is $8 billion, and firms including a16z are listed as potential investors. The project’s core business is providing crypto-friendly banking services. Erebor Bank previously raised $350 million in funding in December 2025, at a valuation of $435 million.