AssembleAi

Big Seven tech stocks shed about $797B in one day—the largest drop since April 2025—with Tesla down 15% and Alphabet down 7.1%; Microsoft, Amazon, and Meta report earnings next week.
Abstract: The article notes a sweeping one-day sell-off in the Big Seven U.S. tech giants, totaling roughly $797 billion. Tesla and Alphabet led losses, while Microsoft, Amazon, and Meta are slated to announce earnings next week.

Summary: HMRC recovered over £8 million from 502 crypto investors via settlements using the crypto asset disclosure facility; Treasury aims for £315 million in crypto tax by 2030 from about 7 million holders.
Abstract: The text reports that HMRC recovered more than £8 million in tax from 502 crypto investors through settlements facilitated by the crypto asset disclosure facility, and notes HM Treasury's target to raise £315 million in crypto tax revenue by 2030 from an estimated 7 million crypto asset holders.

Summary: Odos will wind down operations, with the app switching to read-only on July 27 and full cessation after July 30; since July 23, new registrations, wallets, and limit orders are disabled.
Abstract: Odos announces the wind-down of its operating company and a transition to read-only mode ahead of service cessation. The Odos app becomes read-only on July 27, with full cessation after July 30. From July 23, new account registrations, wallet creations, and limit orders are disabled.

MoonPay now enables Discover Network cards for US users to buy and sell crypto, making Discover the third major card network supported after Visa and Mastercard.

Uniswap founder Hayden said 12 Robinhood tokenized stocks each exceeded $500,000 in daily trading volume on Uniswap.

SoSoValue shows HYPE spot ETF had a 1-day outflow of about $1.025 million, with total NAV $294 million.
Abstract: SoSoValue data indicate the U.S. HYPE spot ETF posted a one-day net outflow of about $1.025 million on July 23 (Eastern Time), while its total net asset value was around $294 million at press time, indicating modest liquidity movement within the HYPE space.

Swan Bitcoin CEO Cory Klippsten claims Tether controls Twenty One Capital and that Jack Mallers is mainly a figurehead CEO at Twenty One, but offers no supporting evidence.
Abstract: This article notes Klippsten's allegations about Tether's influence over Twenty One Capital and Mallers' purportedly symbolic CEO role, while highlighting the lack of supporting evidence.

Iran rejected a ceasefire proposal presented by President Trump, after Iraqi officials said the Iraqi PM relayed it to Tehran; the proposal's details remain unclear.

Intel posted Q2 revenue of $16.13B, up 25% YoY and above estimates, with Data Center and AI at $6.26B, beating expectations; it guided Q3 revenue to $15.8-16.8B.

Cango completed a 10-for-1 reverse stock split on July 20, 2026; post-split Class A shares resume trading July 21 on the NYSE as CANG with new CUSIP G1820C 110.
Abstract: Cango completed a 10-for-1 reverse stock split, with post-split Class A stock resuming trading on the NYSE as CANG at market open on July 21, 2026, under the new CUSIP G1820C 110.

OpenAI Chairman Bret Taylor said AI token billing issues stem from an immature AI market. Taylor said the future trend will be pay-per-outcome.

Humanoid closed a $152 million Series A funding round led by Prime Movers Lab. The robotics startup reached a $1.35 billion post-money valuation.

Two Paradigm-linked addresses unstaked 2.92 million HYPE (about $171 million). Eric Conner says the move is more likely ETF seeding than a sell-off, since custodians require liquid tokens.
Abstract: The report notes two Paradigm-associated addresses withdrew 2.92 million HYPE (~$171 million). Eric Conner argues the transfer is likely for ETF seeding rather than selling, due to custodians' liquidity requirements.

A Reuters poll found that 104 economists unanimously expect the Federal Reserve to keep the federal funds rate unchanged at 3.50%–3.75% on July 29. Seventy-eight economists project that the rate will stay at 3.50%–3.75%

Circle Internet Group will release its second quarter 2026 financial results on August 5, 2026. The company will hold a live video webcast at 8:00 PM Beijing time that day.

U.S. Treasury Secretary Bessent said the U.S. supports open-source models but does not support intellectual property theft.

Galaxy Digital launches a Bitcoin Quantum Preparedness Initiative with up to $5M in developer grants, including Galaxy Research and a Quantum Advisory Council of academic experts.
Abstract: Galaxy Digital has launched a Bitcoin Quantum Preparedness Initiative with up to $5 million in developer grants. The program combines Galaxy Research, a Quantum Advisory Council of academic experts, and ongoing efforts to advance readiness for quantum-era cryptography and digital assets.

Vlad Tenev’s X account was restored to its pre-hack state amid hacking concerns, while VLAD, a memecoin on Robinhood Chain that appeared on his feed during the suspected hack, fell sharply.

ADP employment change for the week ending July 4 was 16,500, down from the previous value of 19,750.