Crypto Pulse

The past few months have marked a major milestone for Real World Assets (RWA). While many sectors of the crypto market continue to fluctuate around short term speculative narratives such as meme coins and AI tokens, smart money has clearly shifted toward products backed by real world assets that offer more stable returns and greater transparency. The total value of real world assets on blockchain reached approximately $34.29 billion by the end of July, up more than 12% from the beginning of the

What Unitree’s IPO Means for China’s Humanoid Robot IndustryUnitree Robotics is moving from one of China’s best-known private robotics companies into a public-market benchmark for the country’s humanoid robot industry.On August 6, Unitree priced its Shanghai IPO at RMB 150.80 per share, valuing the company at roughly RMB 61 billion. The company is seeking to raise about RMB 6.1 billion by selling approximately 40.45 million new shares on the STAR Market, according to Reuters. The deal is set to

Overview A company that spent six years and more than $60 billion assembling a bitcoin position is now selling those coins below cost, while its founder said on the same morning that he has never sold a single satoshi of his own. According to The Block's report, Strategy disclosed in an 8-K that it sold 1,638 bitcoin for roughly $104.7 million last week, cutting holdings to 842,138 BTC, and hours later Michael Saylor posted on X that "Strategy is a public company, not my wallet," adding that sin

Overview Bitcoin's consensus rules have not changed since Taproot activated in November 2021, the longest quiet stretch in its history. Around August 9, that quiet faces its first real stress test. Per the formal BIP-110 specification, the proposal enforces a mandatory signaling period between blocks 961,632 and 963,647, during which blocks that do not signal bit 4 are rejected as invalid by nodes enforcing the rule. One thing needs stating immediately: this is not an approved Bitcoin upgrade. C

Overview The question that consumed all week now has an answer. The US Senate will not vote on the crypto market structure bill before its summer break. CoinDesk reported that multiple individuals following the legislation confirmed there would be no vote on the Digital Asset Market Clarity Act before the recess, with Majority Leader John Thune confirming through a spokesperson that there would not be a vote in August but that there would be one next month. What matters for markets is not the ou

I. Macro & Market Sentiment (Market Data)· BTC price: $64,348 (24h -0.28%) · Funding rate: +0.0019%· Fear & Greed Index: 38 (Fear) (Key Event Preview)· The market awaits the release of non-farm payroll data to confirm expectations of an economic slowdown; Fed's Daly stated that aggressive interest rate measures would be taken if inflation pressures intensify. II. Trading Signals / Hotspots Gold (Major Catalyst)· Spot gold stands above $4,300 per ounce, up $250 this week; the US July ADP employme

OverviewNigeria has formalized how it will tax digital assets. The Nigeria Revenue Service, the renamed successor to the Federal Inland Revenue Service, published its Guidelines on the Taxation of Virtual Assets on July 31, 2026 and announced the framework publicly on August 3, setting out how the Nigeria Tax Act 2025 and Nigeria Tax Administration Act 2025 apply to crypto. The rules emerged from a Virtual Asset Council established under a presidential executive order, and they close gaps that h

Overview When the binding constraint on compute shifts from chips to electricity, the assets that supply the electricity get repriced. On July 31, Westinghouse Electric Company confirmed it had confidentially submitted a draft registration statement for a US initial public offering to the Securities and Exchange Commission. Reuters reported that the nuclear technology and services supplier, jointly owned by Cameco and Brookfield Renewable Partners, was joining a wave of nuclear companies tapping

Overview The navigability of one waterway is currently setting oil prices, equity records and the market's odds on a September Fed hike. On August 5, President Trump said a deal with Iran to reopen the Strait of Hormuz could happen as soon as Wednesday or Thursday, with Treasury Secretary Scott Bessent saying an agreement may be imminent. CNBC's coverage of the day's developments reported that those signals drove oil sharply lower and sent stocks to record levels. The two sides are not telling t

Overview The Federal Reserve's July 29 decision looked like a hold. The vote behind it was the most hawkish of this cycle. The Federal Open Market Committee voted 9 to 3 to keep the federal funds rate at a target range of 3.50% to 3.75%, a fifth consecutive hold, with three regional Fed presidents formally voting to raise by a quarter point. CNBC's coverage of the decision noted this was the first time since September 2016 that three policymakers dissented in favour of a hike. The reason this ke