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Trump backs Bitcoin, sees it easing pressure on the US dollar amid Senate delays on crypto bill

Market News
07 Aug 2026
Finbold
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Bullish
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President Donald Trump expressed strong support for Bitcoin and the broader web3 space, highlighting its growing use as a payment method. He believes Bitcoin's mainstream adoption helps reduce pressure on the US dollar, which he views as beneficial for the country. Trump also emphasized that the US leads China in adopting Bitcoin and AI technologies. Despite bipartisan efforts, he criticized the Senate for delaying the passage of the CLARITY Act, a bill intended to provide clear regulations for the cryptocurrency industry.

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Palantir posts Q2 revenue up 93%, raises 2026 growth forecast to 82%.

Palantir posts Q2 revenue up 93%, raises 2026 growth forecast to 82%.

Palantir Technologies reported Q2 results with 93% revenue growth, surpassing expectations. US commercial revenue jumped 149%, US government revenue increased 90%, and net dollar retention reached 157%, showing strong customer growth. The company rai...

Company Fundamentals
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4 hours ago
MANTRA Chain halts network amid investigation, freezing transactions and asset movements.

MANTRA Chain halts network amid investigation, freezing transactions and asset movements.

MANTRA Chain suspended its network on August 21 to investigate an unidentified incident, freezing all transactions and preventing asset transfers across its Layer 1 blockchain focused on real-world assets (RWA). The halt affects validators, public en...

Market News
Bearish
4 hours ago
Dogecoin and other memecoins rally over 10% amid market liquidity boost and adoption news

Dogecoin and other memecoins rally over 10% amid market liquidity boost and adoption news

Dogecoin, along with other memecoins like Shiba Inu and PEPE, surged by over 10% in the last 24 hours, driven by a global risk-on sentiment and the U.S. Treasury's bond buyback injecting liquidity into the market. Dogecoin's trading volume jumped sig...

Market News
Bullish
4 hours ago
XRP price climbs back to $1.10 as traders eye potential breakout momentum.

XRP price climbs back to $1.10 as traders eye potential breakout momentum.

XRP has regained its price level of $1.10, signaling renewed interest among traders. This rebound suggests potential momentum for a breakout, which could lead to further price increases. Investors are closely watching the market for confirmation of s...

Market News
Bullish
4 hours ago
NVIDIA shares surged 1,700% since 2022 with strong earnings, while Walmart struggles with recent earnings.

NVIDIA shares surged 1,700% since 2022 with strong earnings, while Walmart struggles with recent earnings.

NVIDIA's stock price has soared approximately 1,700% from around $11 in late 2022 to $216, driven by consistent strong earnings performance including 14 triple plays in 20 quarterly reports over five years. Historically, NVIDIA's stock reacts positiv...

Company Fundamentals
Bullish
4 hours ago
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