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S&P launches crypto index focusing on strong fundamentals, excluding Bitcoin and XRP, signaling a market shift.

Market News
22 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

Pantera Capital and S&P Dow Jones Indices launched the first S&P Digital Asset Index featuring 18 cryptocurrencies, notably excluding Bitcoin and XRP. This index prioritizes networks with strong fundamentals, real economic activity, and sustainable revenue rather than just market cap size. The move suggests a potential shift in crypto investment, where institutional capital may favor fundamentally strong projects over traditional market leaders. This could lead to a major divergence in the next crypto cycle, emphasizing utility and growth over price momentum.

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SK Hynix approves $38B memory fabs, chips won't be ready until December 2028

SK Hynix approves $38B memory fabs, chips won't be ready until December 2028

SK Hynix has approved a $38 billion investment to build new memory fabrication plants. However, these new fabs are not expected to produce any chips before December 2028, indicating a long-term expansion plan. This move highlights SK Hynix's commitme...

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4 hours ago
Valkyrie Bitcoin Miners ETF surges 97% as AI leasing shifts fund away from bitcoin price moves

Valkyrie Bitcoin Miners ETF surges 97% as AI leasing shifts fund away from bitcoin price moves

The Valkyrie Bitcoin Miners ETF (WGMI) has risen 97% over the past year despite bitcoin falling 46%, due to its holdings shifting from traditional bitcoin mining to AI leasing deals. Companies like Riot, Core Scientific, and IREN have signed multi-bi...

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Bullish
4 hours ago
Crypto developer Roman Storm challenges his conviction by comparing it to AI firms' liability for misuse of their tools.

Crypto developer Roman Storm challenges his conviction by comparing it to AI firms' liability for misuse of their tools.

Roman Storm, co-founder of Tornado Cash, contested his 2025 conviction for conspiracy to operate an unlicensed money-transmitting business by highlighting the widespread misuse of AI tools like ChatGPT and Google Gemini by sanctioned actors. He argue...

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Neutral
4 hours ago
Tether passes audit, Ethereum whales move millions, Bitcoin may dip to $50K, Wintermute invests $1B in AI, gold tops $4,400.

Tether passes audit, Ethereum whales move millions, Bitcoin may dip to $50K, Wintermute invests $1B in AI, gold tops $4,400.

Tether completed a clean audit of its 2025 financials by KPMG, easing concerns about its reserves. An Ethereum wallet moved 2,680 ETH after 11 years, highlighting old investors' activity. Bitcoin could drop to $50,000 before rising to $1 million, acc...

Market News
Neutral
4 hours ago
Red Cat Holdings stays bullish on drones despite mixed Q2 results and market doubts.

Red Cat Holdings stays bullish on drones despite mixed Q2 results and market doubts.

Red Cat Holdings reported mixed Q2 2026 results but remains optimistic about its full-year revenue target of $150–$180 million. Achieving this depends on a strong sales increase in the second half, supported by a large manufacturing base and a drone ...

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Bullish
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