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Today · 2026-08-05 · Wed

Circle's president responded that the stock price dropped from $260 to $62

On July 120, this week, in an interview with FOX Business, the Managing Director of Circle Heath Tarbert responded to a question about a sharp drop in stock prices from $260 to $62. He said that the company was looking at long-term development and that stock prices would provide answers in the long term if the mission of building the infrastructure of the entire Internet platform were to be realized. Faced with the new competition brought about by the Open USD coalition of 140 companies, including Visa, Stripe, Mastercard and Google, Heath Tarbert argued that USDC, as a native supporter of 34 block chains, had a network effect of $73 billion that was very difficult to replicate. In response to the difference in market position with Tether, he said that USDC was the largest regulated and stable currency in the world and had the highest actual size of transactions。

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Netflix Q2 shows a decline in profits and a drop of over 7 per cent in stock prices

Netflix, in its Q2 press release on Thursday, projected Q3 income growth below Q2, resulting in a decline of over 7 per cent in stock prices on Friday, at $68.95, a six-month low. Despite the decline in operating profits over the same period, it is still higher than last quarter and its own projections. Analysts expect Netflix to have earned between $51 billion and $514 billion in 2026, an increase of 13.3 per cent over $45.18 billion in 2025. At the same time, Netflix Free Cash Flow (FCF) is expected to remain strong, although Q2 Free Cash Flows stand at $1,525 million, down from $2,267 million in the same period last year。

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BlackCat extortion software conspirators confiscated approximately $8.37 million of encrypted assets and real estate vehicles

On 20 July, according to the United States Department of Justice ' s declaration of asset confiscation, the Federal Court for the Southern District of Florida had ordered the confiscation of approximately 90.319 BTC, 7999.873 XMRs and a small number XRP, XLM and SOLs held by Angelo Martino, a conspirator of BlackCat/ALPHV extortion software. On a rough basis, the total value of encrypted assets is approximately $8.37 million, of which the BTC value is approximately $5.84 million, the XMR value is approximately $2.46 million, and other currencies total approximately $71,000. At the same time, the court ordered the confiscation of two of its Florida properties and of its assets such as cars, boats, etc. Martino, a former negotiator of extortion software, was sentenced to 70 months in prison for having leaked information about his client ' s negotiations to the attackers and for having participated in extortion attacks。

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Astera Labs and Navitas Sem Early Releasend nductor: AI Revenue Track revealed investor information

The income trajectory of Astera Labs (Nastac:ALAB) and Navitas Sem (Nastac:NVTS) in the area of artificial intelligence reveals their market performance. Astera Labs focused on developing and market extension connectivity solutions, and recently expanded its operations in Taiwan and incorporated into the NASDAQ 100 index, reporting a net income of 26 per cent for the first quarter of 2026. In contrast, Navitas Sem's early distribution of Nductor's design and development of the Nitrogen Power Integrated Circuit has recently faced patent infringement proceedings, and its EBIT rate was negative 318 per cent in the first quarter of 2026. Both companies are seeking to take advantage of the growth of the artificial intelligence sector, with Astera Labs achieving an annual growth rate of 93 per cent in the first quarter, while Navitas, in transition, plan to focus on power conversion and charging solutions。

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The power builder announced a $100 billion investment to expand the Arizona chip plant

AT ITS SECOND-QUARTER FINANCIAL TELECONFERENCE, NYSE:TSM ANNOUNCED AN ADDITIONAL INVESTMENT OF $100 BILLION TO EXPAND ITS CHIP MANUFACTURING FACILITY IN ARIZONA. THIS INITIATIVE SHOWS THAT THERE IS CONFIDENCE IN THE CONSTRUCTION OF ARTIFICIAL INTELLIGENCE INFRASTRUCTURE AND THAT FUTURE DEMAND IS EXPECTED TO GROW. THE SHARE OF THE GLOBAL SEMICONDUCTOR SECTOR IN THE MARKET IS NEARLY TWO THIRDS, WITH 66 PER CENT OF THE INCOME DERIVED FROM HIGH PERFORMANCE CALCULATIONS, INDICATING A HIGH DEMAND FOR ITS PRODUCTION CAPACITY BY ARTIFICIAL INTELLIGENCE。

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USDT FACES A TWO-YEAR COMPLIANCE COUNTDOWN ON AMERICAN ENCRYPTION. TIME

On 19 July, CoinDesk reported that foreign stable currency issuers, such as Tether, might need to meet the requirements of the GENIUS Act by July 2028, or risk losing their qualifications on the United States Centralized Exchange. Compliance requirements may include registration with the United States Monetary Supervisory Authority (OCC), compliance with United States freezing and seizure orders, and adjustment of the USDT reserve structure. The implementing regulations have not yet been finalized by the federal regulatory bodies。

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Bitcoin is entering the 750% return range

Coinpedia reported that, recently, bitcoin prices had re-entered an area that had witnessed a return of 750 per cent. According to the encrypted analyst Ali Martinez, Bitcoin is showing a pattern that had previously led to 750 per cent and 550 per cent increases. Historical trends suggest that the highest historical points prior to the retake usually herald new cattle market cycles. Meanwhile, chain data indicate that buyers are building strong support near current prices. Bitcoin is again approaching its highest point in history at $69,000. According to Martinez, regaining and maintaining this level may mean that bitcoin is moving out of the bear market into a new, long-term upward trend. The latest short-term cost base distribution heat map of Glassnode shows that after a recent rebound of $57,000, many new investors have purchased bitcoin between $62,000 and $65,000, creating a strong support area for current prices。

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Trump's first anniversary of the signing of the Stable Currency Act, and regulations are still in place

The United States Stability Currency Innovation Act (Genius Act), signed by President Trump, entered into force one year ago, marking the first time that the United States has established a federal regulatory framework for the Stable Currency. Despite the fact that the Act has been in force for one year, the regulatory bodies are still working on specific rules to guide the operation and governance of stable issuers. Cripto Council for Innovation, Ji Hun Kim, Chief Executive Officer, described the adoption of the bill as "a milestone moment" and indicated that the stabilization currency was moving rapidly towards mainstreaming. Regulators have introduced draft rules on stable currency governance and regulation and require issuers to perform customer identification similar to that of traditional financial companies。

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