Super Micro’s stock soars as its margins unexpectedly double
The AI server maker now expects gross margins to be in the range of 15% to 17% thanks to an improving customer and product mix Source：MarketWatch
Crypto lobby group Digital Chamber sues Illinois to block digital asset tax
Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. Source：CoinDesk
CLARITY Act could help CFTC deal with prediction markets: Lawyer
According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC the authority it needs to address the “explosive…
Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal
The White House has circulated some details of the conflictofinterest limits the president agreed to with Republican negotiators, but talks are still underway.…
Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil
The blockchain developer will continue operating under court supervision as it restructures following a marketmaking scandal, a cofounder’s suspension, and…
Why energy stocks still look so cheap, even after their big rally this month
Energy stocks are having a big month as oil prices surge on Iran war fears — but it’s not solely the conflict in the Middle East that makes the sector appear…
Ether breaks the $1.9K resistance; is $2.1K the next target for ETH bulls?
Ether’s rally faces onchain headwinds, but rising staking demand and Google earnings could spark the push toward $2,100. Source：Cointelegraph
Bitcoin rally faces key test at $68,000 as 'summer slumber' grips crypto, analysts say
BTC has rebounded 15% from the July lows, but some analysts cautioned that the next move hinges on clearing a level where many recent buyers may look to sell.…
Why Micron and other chip stocks are bouncing back so strongly
The recent chip selloff presented a buying opportunity, and opensource AI models should drive more memory demand, analysts say Source：MarketWatch
Pakistan steps up crypto enforcement with dedicated federal unit
A senior official with Pakistan’s Federal Investigation Agency reportedly recommended other agencies establish similar units to address cryptorelated crime.…
Pavel Durov says Telegram to roll out native Gram crypto wallet
Telegram founder Pavel Durov said the messaging platform will roll out a native noncustodial Gram wallet this summer, bringing selfcustody crypto transactions…
Trump looks set to roll out a new set of tariffs. Will markets care?
The president is expected to impose fresh import taxes this week, as levies from February are only able to remain in effect for 150 days. Source：MarketWatch