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Wednesday, 26/08/2026

Nvidia Q2 Earnings Expected Strong, Wall Street Focuses on Hidden Commitments Beyond the Report

Odaily News: Wall Street is now focusing not only on Nvidia's (NVDA.O) expected strong second-quarter earnings but also on its AI-related credit exposure that could reach $200 billion by 2028. Investors want Nvidia to further clarify its off-balance-sheet commitments related to AI infrastructure financing, supply, and power.

Despite these concerns, Nvidia's second-quarter revenue is still expected to nearly double to $92.2 billion, driven by continued strong demand for data centers. (Jin Shi)

Strategy net leverage ratio has dropped to nearly zero, and cash reserves are close to the scale of convertible bonds

The dollar assets of Bitcoin Treasury Company Strategy have reached $6.69 billion, nearly equivalent to its $6.75 billion outstanding convertible bonds, with the net leverage ratio dropping to nearly zero. Driven by ongoing buybacks and the rebound of Bitcoin prices to around $80,000, its preferred stock STRC has rebounded over 35% since the low in June, currently reported at $97.23, still below the $100 par value.Executive Chairman Michael Saylor stated that USD Cash has enhanced the company's digital credit capital framework, specifically for the general purposes of Bitcoin Treasury Company, including increasing BTC holdings, paying preferred stock dividends and interest, repurchasing MSTR/preferred stock, repaying convertible bonds, and increasing dollar reserves. In May, Strategy repurchased $1.5 billion of convertible bonds maturing in 2029 to alleviate its debt burden.Competitor Strive Asset Management eliminated all debt earlier this year, and its preferred stock SATA has rebounded to the $100 par value, with shares issued last week through an ATM program. Analysts pointed out that eliminating debt will strengthen STRC's position in the capital structure, but ongoing buybacks, ample dollar liquidity, and the rebound in Bitcoin prices may provide more direct support for the preferred stock to return to par value.

Meme Flash: Sue's Market Cap on BSC Surpasses $3.15 Million

According to Odaily News: Meme Flash monitoring, Sue's market cap on BSC has surpassed $3.15 million.

Puppieslover posted on Aug. 23 introducing a cat named Sue, saying its name is short for Komatsu, and it has now become the store's "official store cat."

Grok adds: Sue was rescued in Barberton, Ohio, by supervisor Chase Guello, and its name is short for Komatsu; Komatsu gave Sue a mini safety vest and a safety helmet.

"Meme Flash" is curated by Odaily's exclusive AI model to select potential trending assets from community discussions. The content is based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risk of Meme coins.

Bonk Guy: PONS Market Cap Should Be at Least $200M, Robinhood Listing May Be Only a Matter of Time

Odaily News: Trader Bonk Guy stated that the market is gradually recognizing PONS's potential. He noted that PONS currently generates approximately $56 million in annualized revenue, with 80% used to buy back and burn PONS; in comparison, Pump.fun generates about $460 million in annualized revenue, with 50% used to buy back and burn PUMP, and PUMP is currently valued at approximately $2 billion.

Bonk Guy believes that even if PONS is given only 10% of PUMP's valuation, its market cap should reach about $200 million. Additionally, Pons has contributed to approximately half of the on-chain activity on Robinhood Chain, with at least 5 tokens issued via Pons having market caps exceeding $10 million and at least 20 exceeding $1 million.

Regarding recent market expectations around Robinhood listings, Bonk Guy stated that as one of the main Meme coin issuance platforms on Robinhood Chain, PONS's listing on Robinhood is "inevitable" in his view, and the current rally is not solely driven by listing expectations.

Bernstein: Bitcoin Could Rise to $150,000 by Mid-2027, Peak Around $300,000 in 2029

Odaily News: Bernstein predicts that as currency debasement trades gain traction, Bitcoin will hit a new all-time high of approximately $150,000 by mid-2027, and may reach a peak of around $300,000 in this cycle by 2029. The firm also maintains an Outperform rating on Strategy (MSTR), but has lowered its price target from $450 to $350, primarily due to an updated outlook on the Bitcoin market cycle and consideration of equity dilution from Strategy's accelerated share issuance.

Bernstein predicts Bitcoin will reach $150,000 by mid-2027 and peak at around $300,000 in 2029

Bernstein expects Bitcoin to reach a new high of $150,000 by mid-2027, followed by a peak of around $300,000 around 2029. The firm noted that this trend is related to the rise of the "debasement trade."At the same time, Bernstein maintains an Outperform rating on Strategy (formerly MicroStrategy, $MSTR), but has lowered its target price from $450 to $350, citing the updated Bitcoin cycle outlook and the accelerated dilution of the company's equity.

Jiang Zhuoer: BTC Unlikely to Fall Below $67K Again; ETH Still Shows 'Bull Market Engine' Traits

Odaily News: Jiang Zhuoer posted on X platform that on the first US stock trading day after the crypto market surge, ETF fund flows hold significant reference value. Data shows that BTC ETFs saw a net inflow of $314 million, while ETH ETFs saw a net inflow of $180 million. He believes this indicates that US stock market funds are still chasing gains, and the probability of BTC falling back below $67,000 after this rally is relatively low.

Jiang also pointed out that the inflow into ETH ETFs is equivalent to 57.2% of that into BTC ETFs, significantly higher than ETH/BTC's total market cap share of 18.8%, suggesting that ETH still possesses the characteristics of a "bull market engine." Additionally, he stated that if the US CLARITY Act is passed, financial assets such as the US dollar, US stocks, and US treasuries may further accelerate on-chain tokenization and smart contract adoption, driving the development of the RWA market and increasing attention on related public chains.

SenseTime recorded its first IFRS net profit in the first half of the year, with revenue increasing by 23.4% year-on-year

SenseTime Group (0020.HK / 80020.HK) announced its unaudited interim results for the six months ended June 30, 2026. During the period, revenue was approximately 2.911 billion RMB, a year-on-year increase of 23.4%; gross profit was approximately 1.206 billion RMB, with a gross margin of 41.4%, an increase of 2.9 percentage points year-on-year; profit for the period was approximately 617 million RMB, marking the first time a net profit was recorded according to IFRS standards, compared to a loss of approximately 848 million RMB in the same period last year. EBITDA was approximately 1.388 billion RMB, with an adjusted net loss of approximately 386 million RMB, narrowing by 67.3% year-on-year.By business segment, revenue from generative AI was approximately 2.327 billion RMB, a year-on-year increase of 79.9%; revenue from visual AI was approximately 497 million RMB, a year-on-year increase of 13.9%; overseas business revenue increased by 127.0% year-on-year. Recurring revenue was approximately 1.145 billion RMB, a year-on-year increase of 124.4%, accounting for 39.3% of the group's revenue. The company stated that in the first half of the year, it advanced system-level AI capabilities around "one model, one Token factory, and one intelligent agent control system," continuously iterating the daily updated SenseNova multimodal large model, and promoted the strategy from providing models and computing power to scaling the delivery of reliable multimodal intelligent agent capabilities.

Jiang Zhuoer: The probability of Bitcoin dropping back below $67,000 is very low, and ETH is still the engine of this bull market

Jiang Zhuoer, the founder of the Liebit Mining Pool (B.TOP), stated in a post that on the first trading day of U.S. stocks after a weekend surge, ETF fund flows have become a key observation indicator. Data shows that Bitcoin ETF net inflows reached $314 million, while Ethereum ETF net inflows were $180 million. U.S. stock funds are chasing long positions, which means that this round of increases has further confirmed funding, and the probability of Bitcoin falling back below the $67,000 starting point is very low.At the same time, the inflow of funds into the Ethereum ETF is equivalent to 57.2% of Bitcoin, significantly higher than the ETH/BTC total market capitalization ratio of 18.8%. Based on this, he believes that ETH will continue to play the role of the "engine" in this bull market. With Trump significantly embracing blockchain and the advancement of the CLARITY Act, financial assets such as the U.S. dollar, U.S. stocks, and U.S. bonds may further go on-chain, be tokenized, and become smart contract-enabled in the future. He believes this will drive more traditional financial professionals to understand and invest in the related blockchain ecosystem.

Analyst: Long-Term Holders Transfer Over 297,000 BTC to Exchanges, Potential Selling Pressure Rises

Odaily News: CryptoQuant analyst Darkfost stated on X that as BTC price approaches $80,000, selling activity among long-term holders (LTH) has noticeably increased. Data shows that long-term holders had been in a net accumulation phase, with their monthly average net supply increase reaching 286,000 BTC in early June. However, this has now turned into a net decrease of approximately 21,000 BTC, marking the first time this year that the amount of BTC sold or transferred by long-term holders exceeds the amount newly entering long-term holding status.

Meanwhile, the amount of BTC transferred by long-term holders to exchanges has risen to its highest level since 2026, with holders of 6 to 18 months being the most active, transferring over 297,000 BTC to exchanges. This signal warrants close attention. Although market demand has improved, increased selling pressure from long-term holders could again tilt the market supply-demand balance toward the sell side.

MINIMAX: H1 Revenue Reaches $117 Million, Up 283.1% YoY

Odaily News: MINIMAX-W (00100.HK) announced on the Hong Kong Stock Exchange that its revenue for the first half of 2026 was $117 million, a year-on-year increase of 283.1%; the loss for the period was $358 million, a year-on-year decrease of 11%; gross profit was $20.813 million, a year-on-year increase of 464.8%.

In addition, revenue from AI-native products in the first half of the year increased by 100.9% year-on-year, from $21.2 million to $42.6 million, mainly driven by improved user engagement, stronger willingness to pay, and the continued commercialization of Hailuo AI and other AI-native products. (Jin Shi)

Catcher Predict: "Counter-Strike: Aurora Gaming vs G2 - BLAST Open Porto Group A" "Match Winner" win rate plummets by 16%

According to monitoring by Catcher Predict, in the prediction market Polymarket for the event "Counter-Strike: Aurora Gaming vs G2 - BLAST Open Porto Group A", the "Match Winner" sub-market option "Aurora Gaming" has experienced significant fluctuations in win probability, dropping from 47.5% an hour ago to the current 31.5% (a fluctuation of 16%). Please note the impact of relevant breaking news.

Ansem Invests $57,600 in NetNet Capital Token on Robinhood Chain DeFi Protocol

Odaily News: Trading records show that Ansem invested $57,600 to purchase NET tokens. NetNet Capital is a DeFi protocol on the Robinhood chain, and its token NET represents reserve shares backed by at least 1 USDG in the protocol's on-chain asset portfolio. NetNet Capital accumulates productive assets such as stablecoins and stocks through various mechanisms; when the net asset value is 1.75 times the underlying treasury value, NET token stakers can earn a yield of 1.2% per day. Currently, NET is trading at approximately 11 times the treasury value, and the treasury is growing faster than the 1.2% NET issuance rate. Ansem stated that the protocol's founder has given several interviews and mentioned discussions with the Robinhood team about future collaboration; the founder was also previously involved in the NBA Topshot project.

X Demands Permanent Shutdown of Open-Source Third-Party Client Nitter, Accuses It of Illegally Scraping Platform Data

Odaily News: X has sent a cease-and-desist letter to Nitter, an open-source third-party X front-end project, demanding the permanent shutdown of Nitter-related instances and the removal of the project's code repository. Currently, nitter.net is offline, development has been temporarily halted, and developers are seeking legal advice.

X accuses Nitter of illegally using and bypassing its API, scraping X platform data, and accessing accounts and sessions, in violation of platform rules and relevant laws. X requires Nitter to cease operations by 5:00 PM ET on August 25.

Nitter allows users to view public posts without logging into an X account, and removes ads, tracking cookies, and JavaScript. (TechCrunch)