Crypto Pulse

Overview With Enflame Technology completing its STAR Market registration, the capital-markets map for China's second tier of AI chip designers is essentially complete. Moore Threads and MetaX are already listed in Shanghai, Biren trades in Hong Kong, and for the first time all four can be placed on the same table. The comparison does not fully match the narrative of four champions arriving together. Per statistics carried by Xincai, 2025 revenue was highest at MetaX with RMB 1.644 billion, follo

Overview A company derived 83.79% of its 2025 revenue from a single customer, and that customer is also its largest shareholder. The combination alone is enough to draw regulatory scrutiny. It is not, however, the most alarming figure in this prospectus. Per Beijing News reporting, Enflame Technology's top five customers accounted for 96.50%, 92.60% and 96.89% of revenue across 2023 through 2025, with sales to Tencent Technology (Shenzhen), including both direct sales and sales under the AVAP mo

Sandisk expects mid-to-high-teens revenue growth from FY2028 through FY2030, broadly aligned with bit growth.Management targets approximately 80% non-GAAP gross margin, 75% operating margin and 50% adjusted free cash flow margin.Eight multiyear New Business Model agreements already cover around 50% of expected FY2027 bits and roughly two-thirds of FY2028 bits.Sandisk expects the enterprise data center flash market to reach 1.2 zettabytes by 2030 as AI inference increases storage intensity.HBF, Q

Sandisk stock rose 13.7% on August 13 following its 2026 Investor Day.Sandisk expects mid-to-high-teens revenue growth from FY2028 through FY2030, with non-GAAP gross margins around 80%.AI inference, enterprise flash demand and multiyear customer agreements are becoming more important to the SNDK investment story.The outlook lifted sentiment across memory and storage stocks, suggesting investors are increasingly looking beyond the current NAND pricing cycle.Why Did Sandisk Stock Jump 13.7%?Sandi

I. Macro & Market Sentiment(Market Data)· BTC Price: $63,477 (24h +0.10%)· Funding Rate: +0.0096%· Fear & Greed Index: 37 (Fear)(Key Events Preview)· No major macro events tonight.II. Trading Signals / Hotspots(BTC · Extreme Sentiment)· BTC is trading at $63,477 (24h +0.10%), while the Fear & Greed Index stands at 37 (Fear). Spot Bitcoin ETFs recorded net outflows of $61.1 million yesterday, including $14.3 million from IBIT and $46.8 million from FBTC, indicating that institutional capital rema

During the MEXC 0808: Stock Season event, Stock Futures, tokenized stocks, and RealStocks are all available with zero trading fees. For investors, however, zero fees address only the issue of cost. The factor that can matter just as much is timing—or, more precisely, the ability to react as soon as critical information is released. For U.S. stocks, some of the most significant price moves can occur after the market closes, when companies release earnings and other key updates. While users of tra

Overview Enflame Technology has cleared the main regulatory hurdles for its Shanghai listing, but it has not started its public share sale yet. As of August 13, 2026, Enflame has not announced its final IPO subscription date, offer price, Shanghai stock ticker or first trading date. According to the Shanghai Stock Exchange Enflame IPO project page, the STAR Market application was accepted on January 22, entered the inquiry process on February 11 and passed the listing committee review on June 15

Overview The relationship between Tencent and Enflame is far deeper than a conventional venture investment. Tencent is one of Enflame Technology's most important shareholders, its largest customer and a long-term technology partner involved in AI chip deployment, workload optimization and software integration. That combination makes Tencent central to both sides of Enflame's economics. Tencent and its concert party hold 20.2580% of Enflame before the proposed IPO, while Tencent-related sales acc

Tether, the company behind USDT, expanded its physical gold holdings significantly during the second quarter of 2026. According to Tether’s Q2 attestation, the company added 14 tons of gold, taking its total holdings to more than 146 tons, valued at approximately $18.8 billion at the end of June. The disclosure is significant because Tether is one of the largest issuers in the digital-asset market, and the assets it holds to support its business can influence how investors view the stability and

Overview AI infrastructure stocks are rallying together as investors broaden the artificial intelligence trade beyond GPUs and semiconductor suppliers into the physical infrastructure required to turn chips into usable computing capacity. On August 12, Reuters reported that CoreWeave shares rose more than 19%, Nebius Group gained about 23% at the time of the report, IREN advanced roughly 8%, and Applied Digital climbed about 4%. Nebius extended its rally later in the session as investors digeste