Global TradFi & Macroeconomics

According to Benzinga, SpaceX shares plunged to $108.29 on August 5, dropping over 40% from their June peak and wiping out $87.2 billion from Elon Musk's net worth. Musk's wealth fell from $783.3 billion to $696.1 billion, an 11.01% decline. The sell-off followed SpaceX's first quarterly earnings r

According to CoinDesk, the S&P 500 added approximately $2.1 trillion in market value this month, bringing its total to a record $70.5 trillion with a monthly gain of 3.12%. In the same period, Bitcoin rose only 2% and remained near $64,600. Meanwhile, stablecoin supplies have continued to shrink, wi

US options investors shifted to bullish bets in August as the Chicago Board Options Exchange (CBOE) total put-call ratio dropped to an average of 0.79 from July's 0.93, with the ratio hitting 0.58 on one date—the lowest level since 2011. The shift from defensive put options to aggressive call option

According to Chicago Board Options Exchange (CBOE) data on August 5, the U.S. options market is showing increasingly bullish sentiment as the put-call ratio—a measure of hedge activity relative to bullish bets—fell to 0.79 in August from 0.93 in July. The ratio plummeted to 0.58 on August 4,

According to BitcoinTreasuries.NET, Sweden's largest bank SEB increased its holdings of bitcoin treasury company Strategy (MSTR) by 1% on Aug 6. The bank now holds a total of 53,837 shares, valued at $5.28 million. SEB manages approximately $460 billion in

According to BlockBeats, SpaceX will unlock up to 911.5 million shares on August 6, equivalent to over 140% of the current public float. Additional unlocks are scheduled for August 12 and within the following 20 days. By year-end, the company is expected to release over 4 billion shares into

SanDisk (SNDK) stocks dropped over 10% in pre-market trade on Thursday after Wall Street analysts cut price targets following the company's fourth-quarter earnings release. Citi lowered its price target to $2,100 from $2,500 while maintaining a 'Buy' rating, and Wells Fargo reduced its target to $1,

According to All-In Podcast, on August 1, hosts discussed a historic leverage liquidation wave sweeping South Korea's stock market. The podcast suggested approximately 1 million leveraged accounts could be cleared, representing about 3% of South Korea's total population, with investors facing

According to the Financial Times on August 6, Federal Reserve Chair Powell is prepared to raise interest rates at the September meeting if upcoming inflation data comes in strong and market expectations for higher borrowing costs increase. Powell acknowledged making communication errors during his f

Single-stock leveraged exchange-traded fund (ETF) trading volumes in South Korea dropped below 1 trillion won for the first time on the 6th, according to Korea Exchange data. The decline followed regulatory authorities' implementation of increased basic deposit requirements, which contracted

According to Serenity, on August 6, Unitree Robotics' implied valuation in derivatives markets reached approximately $29.3 billion, compared to its $5.7 billion to $6.2 billion IPO target estimated for this month. The implied valuation exceeds the IPO target by 370 percent to 414 percent. Serenity n

According to Korea Exchange, single-stock leveraged exchange-traded fund trading volume fell below 1 trillion won for the first time on August 6. The decline follows regulatory measures including higher margin requirements implemented by authorities. Individual investors' concentrated trading in

According to Bybit's announcement, the platform's Dual Asset structured investment product now supports four new xStocks tokenized U.S. stock targets: METAx (Meta), TSLAx (Tesla), HOODx (Robinhood), and CRCLx (Circle). The new offerings span artificial intelligence, electric vehicles, fintech, and s

Bernstein reaffirmed its Outperform rating and $36 price target on TeraWulf (WULF) after the miner's second-quarter results showed high-performance computing revenue reaching $32 million, or 71% of total revenue. The brokerage firm, whose analysts are led by Gautam Chhugani, characterized the quarte

AppLovin Corp. (APP) shares were tracking toward a fresh 52-week low in Thursday's pre-market trading after the company's second-quarter report prompted multiple Wall Street analysts to reassess its growth outlook. Wells Fargo downgraded the stock to Equal Weight from Overweight while lowering its p

According to Bernstein, TeraWulf (WULF) reported in Q2 that high-performance computing revenue reached $32 million, comprising 71% of total quarterly revenue. The research firm reaffirmed its Outperform rating and $36 price target on the miner on August 5, marking the clearest evidence that TeraWulf

According to TheFly, on Thursday pre-market, AppLovin (APP) shares dropped more than 16% following multiple analyst downgrades citing slowing growth momentum in its core mobile gaming business. Wells Fargo downgraded the stock to 'Equal Weight'