Latest Crypto News & Market Updates

The Odysseys Record Rotten Tomatoes Audience Review Score Has Solidified

The Odyssey has surpassed all box office expectations, already earning $263 million worldwide after its first weekend on a reported $250 million budget. That haul is a record for Christopher Nolans films, but the film has achieved additional milestones as well.　　The Odysseys Rotten Tomatoes audience review score has solidified, alongside the critic score. Over 400 critics have given The Odyssey a 95% on Rotten Tomatoes, while audience scores are even higher, now at a 97%. Often when more reviews come in over time, that number can drop. Here, the film has maintained this record level. Record for what？　　Among the wide releases of 2026, The Odysseys 97% score puts it above The Sheep Detectives (96%), Project Hail Mary (95%) and Obsession (94%).　　As said, The Odysseys scores are also a record for Christopher Nolan himself, who has never directed a critic- or audience-deemed “rotten” feature. The 97% of The Odyssey is above The Dark Knight (94%), Memento (94%), and Oppenheimer (91%). Oppenheimer, of course, won Best Picture in 2024 and nabbed Nolan Best Director. Needless to say, there is plenty of awards buzz about The Odyssey.　　The Odyssey　　Rotten Tomatoes　　Much fuss has been made online about these audience scores by a segment of the

07-21Industry

London Stock Exchange plans overnight venue to extend trading hours: FT

Quick TakeThe London Stock Exchange plans a separate overnight trading venue as it aims to extend trading for more than 2,600 listed exchange-traded products, FT reported.The move comes as traditional exchanges expand trading hours amid competition from crypto platforms offering 24-hour trading.　　The London Stock Exchange is planning a separate overnight trading venue as it extends trading hours beyond its main market, marking the latest effort by a traditional exchange to broaden access as investors increasingly embrace around-the-clock trading.　　The overnight venue is scheduled to launch in the first half of 2027 and will operate independently of the LSEs main market, which will retain its regular trading hours of 8 a.m. to 4:30 p.m., the Financial Times reported Tuesday. The new platform is expected to run from 5 p.m. to 7:50 a.m., with a 30-minute pause between 6:30 p.m. and 7 p.m. for end-of-day processing.　　At launch, the venue will initially provide access to exchange-traded products, including funds tracking UK and U.S. stock markets, per the report.　　LSE Chief Executive Julia Hoggett told the FT that the initiative is largely aimed at meeting retail demand, particularly from international investors, and that institutional interest in interacting with retail order flow is increasing.　　The exchange ultimately aims

07-21Industry

Bitcoin (BTC) Price Prediction: Can Bitcoin Break $67K as Wyckoff Re-Accumulation Hints at an $85K Rally？

The rebound has improved the short-term technical picture, but the Bitcoin pricestill faces several important hurdles before the broader trend can be considered firmly repaired.　　BTC has recovered from below $63,000 and was recently trading around $65,900–$66,300. The move has coincided with improving risk appetite, renewed demand for spot Bitcoin ETFs and expectations that the Federal Reserve will leave interest rates unchanged at its July 28–29 meeting. The Fed last held its target range at 3.50%–3.75% in June, while noting that inflation remained above its 2% goal and that uncertainty linked to the Middle East conflict remained elevated.　　The recovery has also pushed BTC above its 50-day moving average, which was cited near $63,000. However, the move is approaching a dense resistance area between $66,500 and $68,303. A decisive break of that zone could strengthen the case for further gains, while failure to clear it would leave Bitcoin vulnerable to another test of lower support.　　Bitcoin Price Today: BTC Tests $67K Resistance　　The latest Bitcoin price action shows a market attempting to build on a series of higher lows after the recent decline. BTC has moved above $66,000, reaching its highest level since mid-June, according to TradingView data.　　Bitcoin could extend its recovery while holding

07-21Industry

Microsoft (MSFT) Stock Dips as Company Announces Major Mistral AI Partnership in Europe

Key TakeawaysMicrosoft has forged a multibillion-dollar agreement to deepen its collaboration with French artificial intelligence firm Mistral AIThe tech giant will leverage Mistrals GPU infrastructure across Europe, featuring thousands of NVIDIA Vera Rubin processing unitsMistrals Medium 3.5 and OCR 4 AI models have been deployed on Microsoft Foundry and Copilot Studio platformsThe partnership specifically targets highly regulated European sectors such as finance, healthcare, and manufacturingMSFT shares are currently trading near $402, approximately 28.8% under GuruFocuss calculated intrinsic value of $565.15　　In a significant move to strengthen its European presence, Microsoft (MSFT) has entered into a multibillion-dollar agreement with French AI innovator Mistral AI, focusing on expanding artificial intelligence infrastructure throughout the continent. At the time of the announcement, MSFT shares were hovering around $402, experiencing a modest decline of approximately 0.67%.　　Microsoft Corporation, MSFT　　The agreement enables Microsoft to access Mistral‘s extensive European GPU computing resources, comprising thousands of NVIDIA Vera Rubin graphics processing units. This strategic move aims to enhance capabilities for artificial intelligence development while supporting the distribution of Microsoft’s cloud computing and AI offerings.　　Additionally, the collaboration incorporates Mistral‘s AI models into Microsoft’s technological framework. Both Mistral Medium 3.5 and OCR 4 have been made accessible through Microsoft Foundry, with Mistral

07-21Industry

Wall Street analyst sets SNDK stock price target for 12 months

Although Sandisk Corp. (NASDAQ: SNDK) stock price has plunged over 30% during the past 30 days, Mark Newman, a Wall Street analyst from Bernstein, has reiterated a bullish outlook over the next 12 months.　　Newman reaffirmed a Buy rating for the SNDK stock, according to a note sent to clients on July 21. The analyst further maintained a 12-month price target for SNDK stock at $3,000, thereby projecting a 115.68% upside.　　Late last month, Newman raised the firm‘s 12-month price target for Sandisk Corp. stock from $1,700 to $3,000. The Outperform rating for Sandisk stock was based on long-term agreements (LTAs), which provide structural pricing protection and reduce the company’s earnings volatility.　　Bernstein estimates that the memory makers fiscal 2030 earnings per share (EPS) would still reach $214 with 60% of volumes covered by LTAs. As such, the firm increased its base-case estimates to $243 and $272 for fiscal year 2027 and 2028, respectively.　　SNDK stock forecast and performance　　Following Newmans affirmed SNDK stock forecast for 12 months, 17 Wall Street analysts surveyed by TipRanks have set an average price target of $2,041.88, suggesting a potential 36.76% upside.　　SNDK stock forecast. Source: TipRanks　　These Wall Street analysts have issued a Strong Buy rating for SanDisk Corp. stock

07-21Industry

OKX hires the architect of the BitLicense it never won

Yesterday, crypto exchange OKX appointed to its board Andrew Cuomo — the New York governor whose administration created the BitLicense that OKX never received.　　Maybe thats what it takes to finally get that state license.　　Cuomo and his administration created the BitLicense back in 2014, and OKX, the worlds fourth largest crypto exchange, has been chasing one ever since.　　However, despite having well over a decade to apply, OKX still doesnt appear on the New York Department of Financial Services (NYDFS) register. Somewhat embarrassingly,competitors, including Coinbase, Gemini, Mastercard, MoonPay, and other crypto companies, do.　　With yesterdays news, however, the path for OKX to win its approval might finally have opened up.　　Tough to get, even for the worlds fourth largest crypto exchange　　The license is famously difficult to obtain.　　Kraken, facing the same daunting application in 2015, called the BitLicense “a creature so foul, so cruel that not even Kraken possesses the courage or strength to face its nasty, big, pointy teeth” and left the state.　　Fortune, for context, reported that the BitLicenses first three years of availability produced just four licensees.　　OKX founder Star Xu boasted that Cuomo‘s new board seat will help him build “the world’s most trustworthy large digital asset exchange.” This is something that could

07-21Industry

Stablecoin bank Augustus raises $180 million to build a clearing bank for the AI era

Augustus, a startup building a federally chartered clearing bank for fintechs and financial institutions, said it raised $180 million to expand its dollar payment infrastructure as stablecoins reshape global finance.　　The fundraising valued the company at $1 billion, with Tiger Global leading the round and investors such as Hummingbird, QED and the founders of Nubank, Ramp, Circle and Deel participating, the company said in a Tuesday press release.　　The investment comes as banks, fintechs and crypto firms are racing to modernize the infrastructure behind cross-border payments. While much of the attention has centered on stablecoin issuers, Augustus is targeting a less visible but crucial part of the financial system: correspondent banking.　　“We think distribution breaks at the clearing bank layer,” CEO Ferdinand Dabitz told CoinDesk in an interview. Legacy clearing systems are “slow, unavailable, take two days to settle and close on the weekends,” he argued.　　Taking on correspondent banking　　The firm is building what Dabitz described as an “AI-native” clearing bank designed around stablecoins, programmable money and always-on settlement.　　Augustus doesnt plan to issue its own stablecoin, Dabitz said. Instead, it wants to provide the banking infrastructure that lets financial institutions move money across traditional payment systems and blockchain networks.

07-21Industry

Galaxy Launches Bitcoin Quantum Defense Fund

Galaxy has launched a new initiative aimed at preparing Bitcoin for the potential threat posed by quantum computing.　　The firm, which is spearheaded by cryptocurrency bull Mike Novogratz, has $5 million in grants to fund those developers who are specifically focused on post-quantum security solutions.　　The Galaxy Bitcoin Quantum Readiness Initiative will support efforts to develop new signature schemes, Bitcoin upgrade proposals, wallet migration solutions, and so on.　　Bitcoin Quantum Discount Deepens to 30%; XRP Exits ‘Fear Buy’ Zone on MVRV Chart; New Shiba Inu (SHIB) Whale Flees Coinbase With $2.76 Million Fortune – Morning Crypto Report　　Ripple Veteran on Selling XRP: ‘I Wish I Hadn’t　　The firm has noted that no quantum computer today can break Bitcoins security, but that could change “faster than expected,” and the Bitcoin community is too conservative to implement a fix fast.　　The initiative will be built around developer funding, ongoing research through Galaxy Research, and a Quantum Advisory Council composed of experts in quantum computing and cryptography.　　You Might Also Like　　“Theres a gap between the quantum computing world, which is moving fast, and the Bitcoin development world, which is just beginning to engage with post-quantum cryptography in earnest,” Alex Thorn, the head of research at Galaxy Digital, said in a

07-21Industry

Bitcoin Price Closes In On $67,000, Lifting Strategy And Other Crypto Stocks

Bitcoin‘s price jumped Tuesday to its highest in over one month, bringing crypto stocks like Bitcoin treasury’s Strategy with it.　　The Bitcoin price was recently priced at $66,886, up nearly 3% in 24 hours. Over the past seven days, the leading cryptocurrency has risen by close to 6%.　　Its rise comes as stocks also trade higher — despite tensions in the Middle East flaring up again.　　Nasdaq-listed Strategy (MSTR), formerly MicroStrategy, also jumped above $100 per share on Tuesday.　　The price jump comes even as the Bitcoin juggernaut on Monday revealed it did not make its usual crypto buy, instead reporting the sale of a $225 million in MSTR shares, which it used for its dollar reserve.　　Strategy stock plunged with the price of Bitcoin last year, and is currently well below its November 2024 peak of $473.83.　　The software company, which started buying Bitcoin in 2020 as an inflation hedge, holds at 843,775 BTC, a position worth around $56.2 billion at current prices.　　Other Nasdaq-listed crypto stocks, including Americas biggest crypto exchange, Coinbase (COIN) and Bitcoin miner Marathon Digital (MARA), also surged on Tuesday. COIN at the time of writing was up 11% and MARA was trading over 6% higher.　　Middle East flare up　　Bitcoins price has taken

07-21Industry

Tesla to post first cash burn in two years as AI spending climbs

Automobile manufacturer Tesla is expected to report its first quarterly cash burn in over two years when it releases Q2 results after the close on Wednesday, a warning sign for investors who have bet that the companys spending on robots and self-driving cars will pay off.　　LSEG data puts the company‘s second-quarter free cash flow at minus $3.3 billion. This is a direct opposite to the positive $1.4 billion cash flow in the first quarter, and it lands just as Tesla’s core car business is finally recovering. Chief Financial Officer Vaibhav Taneja told investors in April that the company would run negative free cash flow for the rest of 2026.　　Tesla‘s capital budget has pushed past $25 billion for the year, up from about $20 billion three months earlier. Almost $20 billion of this capital budget is aimed at AI, covering Dojo compute, a data center expansion, the Cybercab, and the Optimus humanoid robot. Reports claim capital expenditure is expected to reach $6.7 billion in the quarter alone. A year ago, Tesla’s free cash flow was at about $5.6 billion.　　Automobile business not the issue　　Tesla delivered over 480,126 vehicles in the quarter, up about 25% from a year earlier and above the 397,000

07-21Industry

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