Author: James Wilson
China’s Kimi K3 has climbed to first place on the Frontend Code Arena, prompting former White House crypto czar David Sacks to warn that US regulation could weaken America’s position in the AI race. Summary Kimi K3 topped the Frontend Code Arena and posted strong results across other AI benchmarks. David Sacks warned that strict US rules could weaken America’s position against China. Moonshot AI plans to release Kimi K3’s open weights by July 27. Sacks described the benchmark result as concerning because Kimi K3 also performed close to leading models across several other evaluations. He argued that restrictions on…
Bitcoin price fell below $63,000 after fresh US attacks on Iran lifted oil and the dollar, while renewed election claims from President Donald Trump added pressure on risk assets. Summary Bitcoin price fell below $63,000 as fresh US strikes on Iran pressured risk assets. Oil reached $80 while the US Dollar Index climbed to 100.79. BTC must defend $63,167 or risk falling toward the $57,779 support. According to data from crypto.news, Bitcoin (BTC) dropped 3.5% to an intraday low of around $62,500 on July 17 before recovering slightly to around $63,150, leaving the asset down nearly 2.4% on the day.…
Pi Network price has surged more than 13% to an intraday high of $0.083 after the Core Team confirmed a Protocol v25 upgrade for July 22, lifting retail sentiment around the battered token. Summary Pi Network price surged over 13% after the Core Team scheduled its Protocol v25 upgrade. Rising open interest and a possible triple bottom supported PI’s rebound from record lows. Negative money flow and daily token unlocks could limit gains above $0.083. According to data from crypto.news, Pi Network (PI) price traded near $0.082 at press time after rebounding from its July 14 record low around $0.071.…
Solana price has fallen nearly 4% to about $74 after a rejection near $77, as a global technology sell-off and leveraged long liquidations have pushed traders toward caution. Summary Solana price tests $74 support after losing its rising trendline and facing weak four-hour momentum. A recovery above $76.50 could trigger short liquidations and drive SOL toward $78–$80. Losing $74 would expose the daily Supertrend support at $69.60 and deepen downside risks. According to data from crypto.news, Solana (SOL) price extended its decline on July 17 after failing to hold above the $76.50–$77 resistance area. Selling accelerated as semiconductor shares led…
He built the app that made stock trading free, sat at the center of the GameStop crisis, launched a blockchain, dismissed memecoins, embraced one six days later, and runs an AI company chasing mathematical superintelligence on the side. Summary Vlad Tenev is co-founder and CEO of Robinhood Markets, the brokerage that popularized commission-free trading and now runs its own blockchain, roughly 28 million customers across 38 countries. He co-founded the company with Baiju Bhatt. Before it was Robinhood, they called it CashCat, a discarded name that a memecoin resurrected in 2026. Robinhood was at the center of the 2021 GameStop…
Everyone is watching a bill that may not pass. Meanwhile, the agency that spent seven years suing this industry has quietly scheduled a rule that would let startups sell tokens without registering them, and it does not need a single vote in Congress. Summary The SEC has placed Regulation Crypto in its July 2026 rulemaking slot, the first major crypto-specific rule of the Atkins era. It is under review at the White House Office of Information and Regulatory Affairs. The proposal would create a time-limited registration exemption for early-stage crypto projects, permit raises of up to $75 million in any…
Former Ethereum Foundation researcher Francesco D’Amato has joined independent protocol research group Ethlabs, extending the movement of core Ethereum developers into organizations operating outside the Foundation. Summary Former Ethereum Foundation researcher Francesco D’Amato has joined Ethlabs after five years to continue Ethereum protocol research. D’Amato said he will keep working on faster Ethereum finality while helping Ethlabs expand its protocol research team. The move adds to a growing number of independent Ethereum organizations formed by former Foundation researchers following the Foundation’s restructuring. According to a statement shared by Ethereum Foundation researcher Francesco D’Amato on X, he has left the Ethereum…
Bitcoin and Ethereum options worth about $1.43 billion expired on July 17 as crypto markets remained within established trading ranges. Summary Bitcoin options worth $1.2 billion expired as BTC remained inside its month-long trading range Friday. Ethereum’s 1.61 put-call ratio showed persistent demand for puts as traders remained sharply divided Friday. Greeks.live said bullish block trades increased, while overall options activity stayed muted amid low volatility. According to Greeks.live data, 19,000 Bitcoin options worth $1.2 billion expired with a put-call ratio of 0.9 and a maximum pain point of $63,000. Meanwhile, 123,000 Ethereum options worth $230 million expired with a…
Balaji Srinivasan has paused further investment in Malaysia and is seeking a formal agreement with the government after authorities investigated his Network School community in Johor’s Forest City. Summary Network School pauses further Malaysia investment while seeking written assurances after authorities investigate residency claims. Malaysian immigration checks found all 266 foreign residents held valid documents, with investigations still continuing. Srinivasan says a $122 million expansion remains frozen unless Malaysia provides sufficient legal certainty first. The former Coinbase chief technology officer said he wants written assurance that the project and its participants are welcome before committing more capital. The dispute began…
Trump Media & Technology Group has unveiled a paid data service that will deliver real-time posts from Truth Social’s highest-ranking accounts to financial firms and news organizations. Summary Trump Media will sell real-time Truth Social posts through a licensed API for financial firms. President Trump’s 12.9 million-follower account gives the paid feed its main market appeal. Ethics experts question whether presidential information should generate revenue for a family-linked company. According to Trump Media, the Truth API will provide licensed access to public posts that may carry time-sensitive political, policy, or market information. The company plans to offer the feed to…