The Stock Market Just Did Something for the 11th Time Since 1984. History Says It Signals a Big Move in the Next Year.

To put it simply, a significant chunk of the S&P 500’s advancements in the first half of the year can be attributed to just a few large-scale companies. Interestingly, the S&P 500 outperformed an index called the S&P 500 Equal Weight Index by about 1.7 percentage points. This other index gives equal importance to every stock within it, rather than favoring those with larger market values.

US Government’s Bitcoin Blunder: Did They Secretly Sell 170,000 BTC? 🤔💰

The stage was set when the US Marshals Service, in a moment of bureaucratic transparency, revealed its current holdings. This disclosure, like a well-timed punchline, sent ripples through the crypto community, where the rumor mill operates with the efficiency of a well-oiled machine. The tale spread across the social media platform X, where even the most esteemed public figures could not resist the temptation to comment on what appeared to be a monumental strategic sell-off. 📢

Whale’s Secretive 40,000 BTC Move Leaves Us All Wondering: What’s Next?

So, about 163 blocks after that cheeky 10,000 BTC move (oh yes, it’s true, I checked), at block height 905868, our mysterious whale has rounded up the rest of its stash—40,000 BTC—and stuffed it into a single address. As detailed by TopMob (oh, what an insightful soul!), after consolidating the first 40,000 BTC batch—yes, the one that mysteriously landed in a Galaxy address before being scattered like confetti across multiple crypto exchanges—the whale then moved 1 BTC and a casual 9,999 BTC to some mysterious wallet. A classic move, right? 🙄

Nvidia Is Back on Track in China. Here’s What You Need to Know.

In recent developments, one significant challenge has arisen for this market leader: a challenge causing it billions in losses during the most recent quarter. This issue stems from the halt in its exports to China due to U.S. restrictions on advanced AI chips. Consequently, Nvidia had to account for these unsold chips, which made up 13% of its total sales last year, and risks losing this market entirely.