Address linked to Bitminter founder transfers 829 BTC, some assets move after lying dormant for 8 years

Ajitabh Bharti, executive director of Capital XB, said the Federal Reserve’s lack of decisive interest rate moves suggests possible political considerations at play. In a report, he noted that with the U.S. midterm elections approaching, the Fed is prioritizing stability over inflation control in the short term. This dynamic could benefit emerging markets like India in the short run. A relatively weak U.S. dollar may ease pressure on the rupee and provide some breathing room for capital flows and external balances. However, if U.S. inflation persists or reaccelerates due to delayed policy action, the eventual correction could be more severe and disruptive, transmitting volatility to global markets including India. (Jinshi)

According to SEC filings, Robinhood co-founder Baiju Bhatt sold 49,223 shares of the company’s stock on July 24 at an average price of $95.09 per share, totaling approximately $4.68 million. Following the transaction, his shareholdings dropped to 3,703 shares.

On Qualcomm's earnings call, CEO Amon disclosed that the chipmaker plans to raise product prices starting September 1, with double-digit percentage increases, to push profit margins back to historical levels. He attributed the price hike to rising costs across the entire industry chain, not just memory chip price increases. Amon added that the company will conduct pricing negotiations with each customer individually, noting that "a temporary mismatch between costs and pricing has caused a slight short-term decline in gross margin."

According to Hyperinsight’s monitoring, the current funding rate for SKHX on Hyperliquid has risen to 0.0373% per hour, paid by long positions to short positions. On Binance, the SKHYNIXUSDT funding rate is approximately 0.3141% every four hours, about 2.1 times that of Hyperliquid over the same period. Calculated at current rates, holding a $10,000 long position would incur a 24-hour funding cost of roughly $89.6 on Hyperliquid and about $188.4 on Binance, a difference of approximately $98.8. Over the past 24 hours, the cumulative settled funding rate for SKHX on Hyperliquid stood at around 0.3925%, while the current hourly rate has risen to roughly 2.3 times the 24-hour average, accelerating cost increases for long positions.

According to data from FarsideUK, U.S. Bitcoin spot ETFs saw a total net inflow of $32.1 million yesterday. Among them, BlackRock’s IBIT recorded a net inflow of $89.8 million, Fidelity’s FBTC posted a net outflow of $43.1 million, ARK 21Shares’ ARKB had a net outflow of $14.6 million, while the remaining ETFs saw roughly flat capital flows. U.S. Ethereum spot ETFs, meanwhile, posted a total net outflow of $32.9 million. Breakdown: BlackRock’s ETHA saw a net inflow of $5.2 million, Fidelity’s FETH had a net outflow of $16.1 million, Grayscale’s ETHE recorded a net outflow of $9.7 million, Grayscale’s ETH posted a net outflow of $8.1 million, Bitwise’s ETHW saw a net outflow of $1.4 million, and TETH had a net outflow of $2.8 million; the rest of the ETFs had largely flat capital flows.

The South Korean storage sector continues to face pressure. As of press time, Hong Kong-listed leveraged ETFs are broadly lower. The Nanfang 2x Long Samsung Electronics (07747) declined 7.65% to HK$54.58; the Nanfang 2x Long SK Hynix (07709) dropped 17.13% to HK$27.10.