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Oil prices surge nearly 20% in July, reversing June's disinflation, keeping inflation and Fed hawkishness concerns alive.

Market News
17 Jul 2026
Seeking Alpha
View Source
Bearish
pluang ai news

June saw a drop in inflation mainly due to falling gasoline and electricity prices, but this trend reversed in July as oil prices jumped nearly 20%. This rise signals that inflation pressures remain strong, driven by long-term factors like deglobalization, demographics, and policy impacts. As a result, inflation has not peaked, and the Federal Reserve is expected to maintain a hawkish stance, which adds pressure on the stock market already wary of an AI bubble burst.

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XRP ETFs see $28M inflow as whale wallets accumulate, pushing price above $1.40 support.

XRP ETFs see $28M inflow as whale wallets accumulate, pushing price above $1.40 support.

US-listed XRP ETFs attracted $28.14 million on August 26, marking the second-largest daily inflow in 2026, led by Bitwise with $13.12 million. Whale wallets accumulated about 460 million XRP tokens, the strongest since February, signaling strong inst...

Market News
Bullish
4 hours ago
Bitcoin set to surpass gold in value and importance in next bull market, says ex-Binance CEO CZ.

Bitcoin set to surpass gold in value and importance in next bull market, says ex-Binance CEO CZ.

At Bitcoin Asia 2026 in Hong Kong, former Binance CEO Changpeng Zhao predicted Bitcoin will overtake gold's significance during the next bull market cycle. While gold's market cap is about $32.4 trillion, Bitcoin currently holds $1.6 trillion, with Z...

Market News
Bullish
4 hours ago
US Bitcoin mining share drops nearly 1% in 2026 as China and Russia gain ground.

US Bitcoin mining share drops nearly 1% in 2026 as China and Russia gain ground.

In 2026, the United States saw its share of Bitcoin's total mining hashrate decline by about 0.823%, losing roughly 55 exahash per second (EH/s), though it remains the largest miner globally. Meanwhile, China and Russia increased their share of the g...

Market News
Neutral
4 hours ago
Meta's $18B legal settlement costs $1B/year, minimal impact on revenue and growth potential.

Meta's $18B legal settlement costs $1B/year, minimal impact on revenue and growth potential.

Meta has agreed to an $18 billion legal settlement, which translates to about $1 billion per year—an amount negligible compared to its substantial revenue and earnings. The settlement resolves regulatory uncertainties, allowing Meta to focus on its c...

Market News
Bullish
4 hours ago
Genius Group plans to rebuild $1.6B Bitcoin and AI treasuries by 2031 after selling crypto to repay debt.

Genius Group plans to rebuild $1.6B Bitcoin and AI treasuries by 2031 after selling crypto to repay debt.

Genius Group, after selling its entire Bitcoin reserve to repay $8.5 million in debt, plans to rebuild its Bitcoin and AI treasuries to a combined $1.6 billion by fiscal year 2031. The company aims to grow total assets to $2 billion and will fund tre...

Market News
Bullish
4 hours ago
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