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Claight CEO Vishal Ranjan Shares the Secret to Smarter Business Decisions
Hello everyone, and welcome to the Analytics Insight Podcast, where we explore the latest trends shaping technology, AI, business intelligence, and digital transformation.Organizations today generate more data than ever before. Dashboards, reports, KPIs, AI tools, and analytics platforms have become standard across industries. Yet despite having access to massive amounts of information, many business leaders still struggle to answer simple questions:Why did sales decline?Where are we losing revenue?What action should we take next?In other words, companies have become data-rich but insight-poor.To help us understand why this happens and more importantly, how organizations can turn raw data into better business decisions, we're joined today by Vishal Ranjan, Founder and CEO of Claight.Welcome to the show, Vishal.What inspired you to start Claight, and what problem were you trying to solve?Vishal: My background is actually in sales. While working with a large FMCG company, I had access to huge volumes of market research, customer surveys, demand forecasts, and sales reports.The problem wasn't the lack of data. The challenge was understanding what to actually do with that information. Everyone could see that a market was expected to grow by 30 or 40 percent, but very few people could translate that into clear business actions. That's where the idea for Claight came from.We wanted to bridge the gap between data, intelligence, and decision-making, helping businesses move beyond reports and actually use data to drive growth.Why are so many organizations still data-rich but insight-poor?Vishal: Over the last decade, companies have become very good at collecting data. Cloud platforms, enterprise software, dashboards, analytics tools, and now AI have solved the data collection problem. But collecting data isn't the same as creating insights.Data tells you what happened. Intelligence explains why it happened. Insights tell you what action to take next. Unfortunately, many organizations stop at the dashboard. They invest heavily in analytics but never transform that information into practical business decisions. That's why executives often rely on instinct instead of data when making important decisions.What's the difference between data, information, intelligence, and actionable insight?Vishal: The easiest way to understand this is through a real business example. One of our clients had years of procurement and import-export data. That was simply raw data. Once we cleaned and organized it into trends, it became information.Next, we analyzed why certain countries had become major suppliers while others had become expensive due to policy changes. That became intelligence. Finally, we recommended alternative sourcing countries that could reduce procurement costs. That recommendation became an actionable insight because it directly influenced business decisions.The biggest value isn't in owning data. It's in knowing what action that data should drive.Why do data silos still exist despite years of digital transformation?Vishal: Because the problem isn't technology anymore. It's organizational behavior. Sales teams have their own dashboards. Finance has its own systems. Procurement works independently. Operations manage completely different datasets. Each department is optimizing for its own goals. So while every team has accurate information, nobody has a complete business picture. Digital transformation successfully digitized departments. The next challenge is connecting those departments so everyone works with one unified source of truth. That's more of a cultural transformation than a technical one.What are the biggest barriers preventing organizations from turning data into business value?Vishal: I summarize them using three words: Trust. If leaders don't trust the numbers in front of them, they won't use them. One conflicting report is often enough to make executives rely on intuition instead.Context. A dashboard may tell you sales dropped by 10%. But it rarely explains why they dropped or what should happen next. Without context, numbers create more questions than answers.Speed. Markets move incredibly fast today. If your analysis takes six weeks, the business environment may already have changed.Data must be timely enough to support decisions before opportunities disappear.How should companies measure whether their data investments are actually creating business value?Vishal: Most organizations measure the wrong things. They count dashboard logins. Platform usage. Reports generated. Data stored. None of those metrics prove business success. Instead, companies should ask:Are we making decisions faster?Are our forecasts becoming more accurate?Are we responding to market changes quicker than before?Are we improving revenue, profitability, or customer satisfaction?When data directly improves business outcomes, it stops being an IT expense. It becomes a strategic business asset.To know more about the discussion, listen to the full podcast.Analytics Insight · Claight CEO Vishal Ranjan Shares the Secret to Smarter Business DecisionsJoin our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
Gold Price Today: MCX Gold Rose 0.5% to Rs. 1,49,608 as Investors Await US Non-Farm Payroll Report
Gold traded higher on MCX on August 7 as investors awaited the closely watched US non-farm payrolls report for fresh signals on the Federal Reserve's interest rate path. August gold futures rose 0.5% to Rs. 1,49,608. September silver futures advanced 1.09% to Rs. 2,28,300. Meanwhile, Brent crude futures rose 1.83% to $84 per barrel. US West Texas Intermediate (WTI) edged higher by 1.67% to $78.58 per barrel.Domestic Gold Prices24K gold rose by Rs. 16 to Rs. 1,49,890 per 10 grams, while 22K gold also advanced by Rs. 15 to Rs. 1,37,400. By city, Mumbai and Kolkata mirrored prices at Rs. 1,49,890, while Delhi was at Rs. 1,50,040, and Chennai at Rs. 1,50,000.US Gold PricesUS gold prices firmed on Friday and were on track for their biggest weekly gain since January, helped by weaker oil prices, while investors awaited key US nonfarm payrolls data for clues on the interest rate outlook. Spot gold was up 0.6% at $4,262.39 per ounce. Prices were up over 5% for the week. U.S. gold futures gained 0.5% to $4,321.50.Spot silver added 1.3% to $62.27, platinum rose 0.5% to $1,737.25, while palladium dropped 0.2% to $1,368.37.Also Read: Which Countries Hold the Most Gold Reserves in 2026?Key Levels to Watch"Regardless of how NFP plays out, $4,000 has proven to be a solid support level - and I suspect bulls are waiting for dips to take advantage of a much-needed correction higher towards $4,600. NFP may provide some noise over the near term, but price action has spoken, and gold looks like it wants to rally," Simpson added.XAU/USD trades at $4,260.68 on the daily chart. The pair holds above the 21-day simple moving average (SMA) at $4,083.25 and the 50-day SMA at $4,151.23, keeping the near-term bias bullish. On the upside, immediate resistance emerges at the 100-day SMA at $4,389.72, ahead of a more substantial barrier at the 200-day SMA around $4,494.54. On the downside, immediate support is seen at the 50-day SMA near $4,151.23, followed by $4,083.25.Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
Where Jobs Are Growing in the AI Age: 9 Careers Shaping the Future
AI Engineer: Develop intelligent applications, train machine learning models, and build automation systems powering businesses across industries worldwide.Data Scientists: Analyze massive datasets, uncover insights, and create predictive models that support smarter business decisions and AI development. Cybersecurity Specialists: Protect AI systems, enterprise networks, and digital infrastructure from increasingly sophisticated cyber threats and evolving attack techniques.Prompt Engineers: Craft effective AI prompts that improve chatbot performance, automate workflows, and generate reliable business-ready outputs efficiently.Robotics Engineers: Design intelligent machines that automate manufacturing, logistics, healthcare, agriculture, and industrial operations with greater precision.AI Product Managers: Bridge business strategy and technology by guiding AI product development, market adoption, and customer-focused innovation.Healthcare AI Specialists: Implement AI-powered diagnostics, patient monitoring, medical imaging, and personalized healthcare solutions to improve treatment outcomes.Digital Marketing Analysts: Use AI tools to optimize campaigns, analyze customer behavior, improve targeting, and maximize marketing performance across channels.AI Ethics Professionals: Ensure artificial intelligence systems remain transparent, fair, compliant, and aligned with responsible governance and ethical standards.Read More StoriesJoin our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
Stock Market Update: Nifty 50 Opened 0.39% Lower, Sensex Declined 438.68 Points
The Indian stock markets opened lower, with Brent crude prices moving up, and tensions around the Middle East escalating, dampening investor sentiment. Nifty 50 started 97.1 points, or 0.39%, down, at 24,538.90, while Bank Nifty fell 181.65 points or 0.31%, to begin at 57,882. Sensex opened 438.68 points below the previous close of 78,954.76.Broader markets remained mixed. The Nifty Midcap 100 index edged down by 0.4%, and the Nifty Smallcap 100 index went up 0.5%.Meanwhile, the rupee opened at Rs. 95.28 per US dollar on Friday, compared with Thursday’s settled level of Rs. 95.22.Foreign institutional investors stayed net sellers in Indian equities on August 6, offloading shares worth Rs. 28.58 crore. On the other hand, domestic institutional investors were net buyers, adding Rs. 3,488.43 crore.Sensex OutlookTechnically, the Sensex formed a small candle on the daily chart, and the non-directional intraday activity shows indecisiveness among traders. “For day traders now, 79,000 would act as an immediate breakout level. Above this, the market could move up to 79,300-79,500. On the flip side, below 78,600, we could see intraday price corrections down to 78,200-78,000. The intraday market texture is non-directional; hence, level-based trading would be the ideal strategy for day traders," said Shrikant Chouhan, Head of Equity Research at Kotak Securities.Nifty 50 OutlookNifty 50 could witness profit booking after the recent rally, but the larger trajectory stays positive as long as the key support levels keep holding.“The 24,400-24,500 is the immediate support zone, where buying interest is expected to emerge on declines. On the upside, 24,700-24,800 remains the key resistance range. A decisive move above this zone could signal a continuation of the ongoing uptrend and pave the way for fresh highs. As long as Nifty holds above the 24,400 support zone, the preferred strategy remains buy on dips,” said Gaurav Udani, founder, Thincredblu Securities. Also Read: S&P 500 Flat as Chip and Software Losses Offset Gains Across Wall StreetBank Nifty OutlookBank Nifty is expected to remain steady; the underlying technical structure is still favorable as the index continues to sit above its key support zones. “The 58,200-58,300 band stands out as the immediate resistance area; a decisive move beyond this level would strengthen buying interest and open the path toward 58,500-58,600. On the downside, the 57,800-57,700 zone serves as the first line of support, with a breakdown below this level exposing the index to a deeper pullback toward 57,400-57,300,” said Ponmudi R, CEO of Enrich Money.
Which Countries Hold the Most Gold Reserves in 2026?
Key Takeaways - The United States remains the world's largest gold holder with over 8,133 metric tons.China and India continue increasing official gold reserves to strengthen long-term financial security.Despite slower purchases in 2026, central banks remain highly confident in gold's strategic value.Gold remains one of the most valuable assets in the world. Central banks keep large gold reserves to strengthen financial stability, protect national wealth, and build confidence during periods of economic uncertainty. Gold also helps countries reduce reliance on foreign currencies and adds balance to official reserves. Even after many decades, the list of the largest gold holders has changed very little. The United States continues to lead the world, while Germany, Italy, France, Russia, China, India, and several other nations maintain strong positions. Recent data also shows fresh interest in gold among many central banks, even though the pace of purchases slowed during the first half of 2026.United States Stays Far AheadThe United States holds the largest official gold reserve in the world with 8,133.5 metric tons. This amount equals about 83% of the country’s total foreign exchange reserves, which shows the important place that gold holds in the national reserve system. No other country comes close to this figure. The American reserve alone exceeds the combined holdings of Germany and Italy, the second and third largest holders. This huge stock has remained almost unchanged for many years and continues to place the country in a dominant position.European Nations Hold Strong PositionsGermany ranks second with 3,350.3 metric tons of gold. Italy follows with 2,451.8 metric tons, while France stands close behind with 2,437 metric tons. Gold forms more than 80% of the official reserves of all three countries. These large holdings reflect decades of careful reserve management and give each nation a strong financial cushion. Together, European countries hold one of the largest collections of official gold reserves in the world. The combined reserves of the euro area exceed 10,800 metric tons, which surpasses the holdings of any single nation.Russia & China Continue to Build Strategic StrengthRussia holds 2,313.4 metric tons, which places the country in fifth position. China follows closely with 2,304.7 metric tons under the latest World Gold Council ranking based on official IMF data. Separate reports from the People’s Bank of China show that the country added around 15 metric tons during June 2026, the largest monthly increase since 2023. China also completed its 20th consecutive month of gold purchases, which highlights its long-term strategy to expand official reserves. This steady approach reflects a clear focus on reserve diversification and stronger financial security.Also Read - What is Proof of Reserves and How it Builds Trust in ExchangesIndia Moves Higher Among Global Gold HoldersIndia holds 880.5 metric tons of official gold reserves and ranks eighth in the world. Gold accounts for around 18% of the country’s foreign exchange reserves. The Reserve Bank of India has steadily expanded its holdings over recent years, which has strengthened its position among the world’s leading gold-owning nations. India also stands apart through its strong cultural connection with gold. Indian households own far more gold than the central bank, which makes the country one of the largest overall owners of the precious metal.Switzerland ranks seventh with 1,039.9 metric tons. Japan follows with about 845.9 metric tons, while the Netherlands completes the top ten with around 634.7 metric tons. These countries have maintained large reserves for many years, although their reserve strategies differ from those of larger economies. Switzerland relies on gold as part of a balanced reserve portfolio, while Japan keeps only a small share of its reserves in gold despite its sizable holdings.Central Banks Still Value GoldOfficial purchases slowed sharply during the first half of 2026. Revised figures from the World Gold Council show that central banks bought only 57 metric tons during the first quarter, the lowest first-quarter total in more than fifteen years. Total purchases reached about 345 metric tons during the first six months of the year, which marked the weakest first-half result since 2022. Even with this slowdown, central banks still account for nearly one-third of global gold demand, which confirms gold’s lasting importance in reserve management.Confidence in Gold Remains StrongA 2026 survey by the World Gold Council shows that confidence in gold remains very high among reserve managers. Around 89% of central banks expect official global gold reserves to rise during the next twelve months. A record 45% also expect their own institutions to increase gold holdings. These results reflect strong trust in gold as a store of value during uncertain economic and geopolitical conditions. Gold continues to offer stability, liquidity, and protection against financial risks, which explains its lasting appeal for central banks across the world.Also Read - August SGB Redemption Calendar: RBI Lists Eligible Gold Bond SeriesGold Keeps Its Place at the Center of Global FinanceAt present, the total gold holdings in the world amount to approximately 36.5 thousand tons, while the IMF owns 2814 tons. The orders of the countries are still stable, with the gradual increase of reserves in China and India. The United States is in first place, followed by Germany, Italy, France, Russia, and China. Although central banks have relaxed the pace of gold acquisitions in early 2026, confidence in the precious metal’s future is still high. With reserve levels being sufficiently high, the demand is stable, and central banks continue to invest in gold, it makes sense to consider gold as a decent asset in international finance for years to come.FAQs1. Which country has the largest gold reserves in 2026?The United States leads the world with 8,133.5 metric tons of official gold reserves.2. Why do central banks hold gold?Gold provides financial stability, diversifies reserves, protects against economic uncertainty, and strengthens confidence in a country's financial system.3. Which countries are in the global top five for gold reserves?The United States, Germany, Italy, France, and Russia hold the five largest official gold reserves.4. Has China increased its gold reserves in 2026?Yes. China continued adding gold during 2026 as part of its long-term reserve diversification strategy.5. Why is gold still important despite slower central bank purchases?Gold remains a trusted store of value, offering liquidity, stability, and protection during financial and geopolitical uncertainty.Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
7 Smart Air Conditioner Features that Actually Save Electricity
Key Takeaways -Inverter compressors deliver the biggest electricity savings by adjusting cooling speed instead of constantly restarting.AI-powered features optimize cooling automatically to improve comfort while reducing unnecessary power consumption.Smart controls like scheduling, geofencing, and occupancy sensors help eliminate wasted electricity during daily use.Electricity costs continue to rise every year, so many families now look for an air conditioner that offers comfort without a high power bill. Modern smart air conditioners include advanced technology that helps control electricity use while keeping the room cool. These features work together to adjust cooling, improve efficiency, and reduce unnecessary power use. Not every smart feature saves electricity, though. Some only add convenience. AI Energy Mode Makes Cooling More EfficientAI Energy Mode stands out as one of the most useful features in modern air conditioners. This technology studies room temperature, humidity, weather conditions, and regular cooling habits. It then selects the best cooling level without running the compressor at full speed all the time. The system also adjusts the temperature by one or two degrees when comfort remains almost the same. Small changes like these reduce electricity use without making the room feel warm. Under suitable conditions, AI Energy Mode can lower power consumption by as much as 20 to 30 percent. Actual savings depend on weather, room size, insulation, and daily usage.Inverter Compressor Delivers the Biggest SavingsAn inverter compressor remains the most important feature for electricity savings. Older air conditioners switch the compressor on and off again and again. Every restart needs extra electricity. An inverter compressor works in a different way. It changes its speed to match the cooling requirement inside the room. After the room reaches the selected temperature, the compressor runs at a lower speed instead of stopping completely. This steady operation uses less electricity, keeps the room at a comfortable temperature, and reduces stress on the compressor. Lower noise levels also improve comfort during the day and at night. For anyone who wants lower electricity bills, an inverter compressor deserves top priority.Energy Monitoring Helps Control Electricity BillsMany smart air conditioners now include energy monitoring through a mobile app or the indoor display. This feature shows real-time electricity consumption along with daily or monthly power usage. Some models also allow users to set an electricity budget or limit compressor output to levels such as 40, 60, or 80 percent. These controls help manage electricity use without switching the air conditioner off completely. Regular tracking also helps identify habits that increase power consumption. Better awareness often leads to smarter cooling decisions and lower monthly expenses.Occupancy Sensors Prevent Power WastePremium smart air conditioners now include occupancy sensors that detect human movement inside the room. When no movement appears for a certain period, the system automatically reduces cooling or shifts to an energy-saving mode. Some models even direct cool air toward people instead of empty areas. Others recognize an open window and reduce cooling until the room closes again. These automatic adjustments prevent unnecessary electricity use while maintaining comfort whenever someone remains inside the room.Also Read - Dual Inverter vs Single Inverter AC: Which Saves More Electricity in 2026?Geofencing Starts Cooling at the Right TimeGeofencing uses smartphone location data to manage air conditioner operation. The system keeps the air conditioner switched off while the owner stays away from home. Once the phone reaches a selected distance from the house, the air conditioner starts cooling automatically. The room feels comfortable at arrival without several hours of unnecessary operation. This feature works especially well for people who spend long hours outside and return home at a regular time. Smart timing reduces electricity use while still offering a pleasant indoor environment.Smart Scheduling Creates Better Daily Cooling HabitsSmart scheduling allows the air conditioner to follow a fixed daily routine. Users can select exact times for the system to switch on, lower cooling, or turn off completely. Many households choose automatic cooling before bedtime and automatic shutdown during the early morning. Some schedules also match office hours, school hours, or weekend routines. These automatic settings remove the need for manual control and prevent long hours of unnecessary operation. Even small schedule changes can reduce electricity use over an entire month.Humidity Control Improves Comfort with Less PowerWhen humidity levels are high in a space, it may seem hotter than it is outside. The newest smart air conditioning units have the ability to control humidity and therefore called Smart Dry Mode. With this feature, the air conditioning unit can get rid of humidity from the room instead of drastically lowering the temperature. The result is a cooler and more pleasant indoor climate without the need for a powerful compressor. This function is of significance during the rainy season and also in areas near water bodies where humidity is always high. Besides, by effectively controlling humidity, smart units give people an opportunity to save on electricity bills.Also Read - Best Tower ACs in 2026: Top Picks for Homes and OfficesThe Right Features Make the Real DifferenceSmart air conditioning systems yield the best outcomes when practical energy-saving features complement each other. The efficiency of cooling depends on the inverter compressor and the addition of AI Energy Mode for intelligent control. The consumption of energy ensures good power management whereas occupancy sensors prevent unnecessary cooling. Other solutions like geofencing and smart scheduling support daily operations, and humidity regulation ensures comfort with less energy consumption. Such technologies do not decrease the effectiveness of cooling but allow decreasing the consumption of electricity. Careful consideration of these functions makes it possible to save on electricity and ensure comfortable conditions for many years.FAQs1. Which air conditioner feature saves the most electricity?The inverter compressor provides the highest energy savings by continuously adjusting compressor speed instead of switching on and off.2. Does AI Energy Mode really reduce electricity bills?Yes. AI Energy Mode optimizes cooling based on room conditions and usage patterns, potentially reducing energy consumption by 20–30% under suitable conditions.3. Are occupancy sensors worth paying extra for?Yes. Occupancy sensors reduce cooling when the room is empty, preventing unnecessary electricity use and improving efficiency.4. What is geofencing in a smart air conditioner?Geofencing uses your smartphone's location to automatically turn the AC on before you arrive home and keep it off while you're away.5. Is humidity control better than lowering the temperature?In humid weather, Smart Dry or humidity control improves comfort by removing excess moisture, often using less electricity than aggressively lowering the temperature.Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
Etsy Cuts 220 Jobs to Streamline Product, Engineering Teams
E-commerce marketplace Etsy announced plans to eliminate around 220 jobs, representing roughly 10% of its workforce, as the company is set to undertake a major organisational restructuring under CEO Kruti Patel Goyal. The layoffs primarily affect employees in the product, engineering, design, research, and analytics teams. According to the company, the move is intended to streamline decision-making, improve collaboration, and accelerate product development rather than reduce costs. More Focused Structure Needed: CEO In a message to employees, the CEO said Etsy is redesigning its organizational structure to remove complexity and create smaller, more agile teams. She noted that the company has grown significantly over the years, leading to overlapping responsibilities and slower execution across key business functions.It is anticipated that the reorganization will lower the number of management layers, and improve coordination between engineers, product, and design departments. The company's management hopes that the restructure will enable Etsy to come up with new features that are much faster than before, and respond to changing requirements.Etsy Seeks Long-Term GrowthThis move comes at a time when Etsy is trying to build on its market place after it has witnessed sluggish consumer spending and reduced demand for discretionary items in some important markets. Etsy had been under the pressure of changing shopping behavior and increased competition from other online players.The company said the latest restructuring is designed to position the company for its next phase of growth by improving operational efficiency and increasing the speed at which products are developed and delivered. Affected employees will receive severance packages, extended healthcare benefits where applicable, career transition assistance, and support in finding new employment opportunities. Also Read: Visa Layoffs: 2,600 Jobs Cut as AI Push Hits IndiaFocus on Innovation and Marketplace ExpansionEtsy stated that they are still dedicated to investing in their marketplace, seller tools, and customer experience. The company is planning to work on developing new features that can enable independent sellers to have access to buyers and provide them with an improved search and discovery system.In contrast to cost-saving measures, Etsy's most recent steps can be considered as strategic actions aimed at making the internal processes of the company simpler and more effective, given the fact that the competitive nature of the global e-commerce industry keeps increasing.Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
Ethereum Price Prediction for August 2026
Ethereum (ETH) trades below the major technical resistance despite steady institutional buying and whale accumulation. Traders weigh improving ETF inflows against weakening derivatives sentiment as the second-largest cryptocurrency trades near $1,850-$1,890, struggling to hold above the 100-day Exponential Moving Average (EMA).According to SoSoValue, on August 5, the total net inflow of Ethereum spot ETFs was $60.8576 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock's ETF ETHA, with a single-day net inflow of $50.3442 million, bringing ETHA's cumulative total net inflow to $11.53 billion to date. Second was BlackRock's Staked $ETH ETF ETHB, with a single-day net inflow of $4.9382 million, bringing ETHB's cumulative total net inflow to $555 million to date.Recently, the Morgan Stanley ETF for the real estate sector, the MSSE ETF, saw its first inflow, and that is also an indicator of increased institutional participation.Technical Resistance Keeps Bulls in CheckEthereum has failed to break out of May's peak and the 100-day EMA at $1,930 three times. This repeated rejection indicates that the area is still being defended by the sellers.The Relative Strength Index (RSI) is hovering around the mid-50s, with neutral momentum. Meanwhile, Ethereum is trading within a narrow trading range of $1,840-$1,950, indicating higher price compression that often leads to sharp directional breaks.The 20-day EMA, 50-day EMA, and the 0.382 Fibonacci retracement converge between $1,837 and $1,872, forming an immediate support band. If price breaks below this area, then the next horizontal support level is at $1,711. On the positive side, a daily close above $1,930 would bring $1,940, $2,042, and ultimately the psychological $2,000-$2,170 resistance level in focus.Whale Accumulation Offsets Bearish Derivatives SentimentThe positioning of perpetual futures has become more cautious, while the spot market tells a different story. According to CryptoQuant data, the trading volume of ETH derivatives has increased, with the Net Taker Volume shifting to the negative zone. Also, the Taker Buy-Sell Ratio has dropped below 1, indicating aggressive sellers currently outnumber buyers.However, whales are still buying. One of the whales recently deposited 19,000 ETH from Gemini into staking and has accumulated 112,000 ETH in the past three weeks, according to Lookonchain. Another wallet has gone on a buying spree, accumulating nearly 79,216 ETH since late June at an average purchase price of $1,777.Meanwhile, BitMine Immersion Technologies' stake grew to 5.797 million ETH, which accounts for around 4.8% of the circulating supply of Ethereum, and it also bolstered its buy-back programme. Staking revenue from the company's staked holdings is estimated to be approximately $247 million a year.August has historically been a month with mixed performance, with the median return for Ethereum being -1.87% over the last 11 years, and 7 of them resulted in a negative monthly close. While seasonal weakness remains a headwind, with continued Ethereum inflow, whale accumulation, and a breakout above the $1,930-$1,961 resistance zone, the price could reclaim the $2,000 mark in the coming weeks.Also Read: Ethereum Eyes $2,000 After Its Strongest Monthly Gain in a YearFAQs:1. Why is the $1,930 level important for Ethereum?The $1,930 area aligns with the 100-day EMA and a long-term descending trendline. A sustained close above this resistance could signal renewed bullish momentum toward the $2,000 mark.2. How are Ethereum ETFs influencing the market?According to SoSoValue, spot Ethereum ETFs recorded more than $60 million in daily inflows, led by BlackRock's ETHA. Continued institutional buying strengthens long-term demand for ETH.3. Why are whales accumulating Ethereum?Large investors continue moving ETH into staking and expanding their holdings despite short-term price weakness. Whale accumulation is often viewed as a sign of long-term confidence in the asset.4. What are Ethereum's key support and resistance levels?Immediate support lies between $1,837 and $1,872, followed by $1,711. Major resistance is located at $1,930, with further upside targets near $1,961, $2,042 and the $2,170 region.5. Is August historically a strong month for Ethereum?Not typically. Over the past 11 years, Ethereum has posted a median August return of -1.87%, with seven negative monthly closes, making it a seasonally weaker month despite occasional strong bull-market performances.
Bitcoin Stalls Near $64,600, S&P 500 Adds $2.1 Trillion this Month
The S&P 500 has gained 3.12% this month, adding about $2.1 trillion in market value. This increase nearly matches the total capitalization of the global cryptocurrency market.Bitcoin has risen only 2% during the same period and trades near $64,600. Analysts link the gap to AI-focused stock demand, crypto market pressures, higher bond yields, and cautious positioning. Bitcoin trades near July levels within a narrow range.AI Stocks Drive Wall Street’s GainsThe S&P 500 now carries a record market value near $70.5 trillion, with the index around 7,723 points. The Nasdaq and Dow have also advanced as investors direct capital toward large technology companies.Adam Haeems, Tesseract Group’s head of asset management, said the rally centers on sectors with limited links to Bitcoin. “Partly because the equity rally is being driven by areas to which bitcoin has little direct exposure, particularly AI and semiconductor stocks,” he said.Meanwhile, lower oil prices offer faster support to listed companies through reduced operating costs. Haeems said Bitcoin may benefit later through softer inflation expectations and possible Federal Reserve policy changes. However, uncertainty around the September policy outlook limits that path.Paul Howard, senior director at Wincent, also linked the difference to concentrated equity demand. “The stock rally is biased towards AI and mega-caps which doesn't necessarily translate into crypto flows,” he said.Crypto Pressures Limit Bitcoin DemandBitcoin also faces sector-specific problems that do not directly affect the equity market. These include the $120 million Coldcard exploit, uncertainty surrounding the CLARITY Act, and Strategy’s recent Bitcoin sales.Haeems said these events have weakened sentiment without creating a wider credit crisis or forced selling cycle. Strategy has sold Bitcoin during three consecutive months, adding another concern for traders watching corporate demand.Moreover, rising bond yields make government debt more attractive than non-yielding crypto assets. Real Treasury returns stand at their highest level since 2008, encouraging some capital to stay outside digital asset markets.Stablecoin supplies show the same pressure. Haeems said USDT supply dropped from about $190 billion in April to $183 billion. USDC supply declined from $79.5 billion to $72 billion during the period.Traders Watch October, ETF FlowsMarkus Thielen, founder of 10x Research, said many traders expect Bitcoin’s four-year cycle to produce an October bottom. That view has encouraged market participants to wait instead of building positions during the equity rally.However, Thielen said Bitcoin’s ability to hold steady despite the Federal Reserve’s firm stance could support another reading. “Traders are underestimating the upside risk from a less hawkish Fed, and overlooking the possibility that the four-year cycle has already bottomed,” he said.ETF activity has also lacked a clear pattern. United States spot Bitcoin funds recently recorded $61.53 million in outflows, ending three weeks of modest inflows. The products then attracted $626 million this week, their strongest total since early May.Giottus CEO Vikram Subburaj said several consecutive inflow days would help confirm stronger institutional demand. He identified Bitcoin support between $63,000 and $63,400, with resistance stretching from $64,500 to $66,000.Wintermute said some ETF demand may reflect arbitrage rather than direct bullish positioning. Meanwhile, analysts expect possible fourth-quarter catalysts from regulatory progress and renewed stablecoin growth.Also Read: Bitcoin Price Analysis: Will BTC Recover to $63K Despite ETF Outflows? Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
Google Maps Adds Hindi, Live Transit Updates to Ask Maps
Google has expanded Ask Maps in India with Hindi support, live transit updates, and Personal Intelligence. The company announced the updates on August 6, 2026, through its India blog. The new tools aim to make Google Maps more useful for daily travel, local discovery, and trip planning. Gemini powers Ask Maps, helping people handle detailed questions through natural language.The India rollout adds Hindi support, real-time bus, metro, and train updates, plus optional Gmail connections for personalized suggestions. Google said, “Ask Maps is Google Maps’ biggest transformation in over a decade.” The feature can also remember earlier conversations when history settings remain enabled, allowing travel plans to continue without restarting.Hindi support can help users search for places, compare routes, and request local recommendations in a more familiar language. Ask Maps also provides live transit schedules and delay information through a new widget. For example, searches around ISBT Kashmere Gate can show departures, connecting routes, and changing wait times.Personal Intelligence adds another layer to trip planning through Gmail. With permission, Ask Maps can use flight, hotel, or restaurant reservations to suggest nearby activities and suitable departure times. Google keeps Gmail access off by default, giving account holders control over the connection.The feature also brings live information beyond transport, including traffic, weather, and crowd levels at restaurants or shops. These details can help commuters choose better travel times and avoid crowded locations.Google first launched Ask Maps in India and the United States, positioning the tool as a conversational layer for Maps. The latest India updates push that approach further by combining language support, live mobility data, and personalized planning in one place. The changes could make Maps more practical for everyday Indian commutes and short trips. The updates strengthen Maps as an everyday assistant beyond basic navigation needs.Also Read: Best Dumb Phones with YouTube and Google Maps Support in 2026Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
Check Out Upcoming Marvel Movies, Series
Overview:VisionQuest and Avengers: Doomsday are the remaining confirmed Marvel releases for 2026, with Secret Wars following in December 2027.Black Panther 3 has a confirmed 2028 release, while projects such as Armor Wars, Shang-Chi 2, X-Men, and Deadpool remain undated.Marvel's upcoming slate is more focused than earlier in the year, with fewer releases carrying greater importance as the Multiverse Saga moves toward its conclusion.Marvel's 2026 movie slate looked packed back in January, but not anymore. Most of this year's films and Disney+ shows already came out by August, leaving only a few confirmed titles to carry the MCU into its next phase. That's good news for fans tired of sorting real news from rumors, because the lineup is finally clear. A handful of projects remain locked in, while several titles fans have talked about for years still have no release date, or seem to have quietly fallen off the schedule. Here's what's actually left this year, what already dropped, and what's still ahead. At-a-Glance ScheduleVision Quest Closes a Three-Part StoryMarvel has described VisionQuest as the final chapter in a trilogy of Disney+ shows that began with WandaVision and continued through Agatha All Along. Paul Bettany returns as Vision, and James Spader comes back as Ultron. Terry Matalas, known for his work on Star Trek: Picard, runs the show as its showrunner.Marvel confirmed the October date during its San Diego Comic-Con panel this July. Bettany has hinted in interviews that his character might also turn up in Secret Wars, though Marvel has not confirmed any tie between the two. For viewers catching up, VisionQuest works best after WandaVision. It continues that story directly rather than offering a fresh starting point.The show also arrives at an interesting moment for Marvel's television output. After a run of shows that leaned heavily on comedy and street-level drama, VisionQuest returns to the more introspective, identity-focused tone that made WandaVision stand out in the first place.Also Read: Top 10 Best Marvel Movies of All Time, RankedAvengers: Doomsday Arrives in DecemberThis is the year's headline release. Joe and Anthony Russo direct, bringing together heroes from the Avengers, the Fantastic Four, and the X-Men across separate corners of the multiverse. Robert Downey Jr. returns to the franchise in a new role, playing Doctor Doom rather than Tony Stark.The film was originally set for May 2026 before Marvel pushed the date back to give production more time. That delay also shifted Secret Wars from May to December 2027. Marvel has framed Doomsday as its next major crossover event, though plot details remain limited ahead of release.Secret Wars Sits Just Beyond the Current YearSecret Wars falls outside 2026, but its release date is already locked and tied directly to how Doomsday plays out. Marvel has confirmed the December 2027 date without offering plot or cast specifics. For readers tracking the current slate, it marks the clear endpoint of what Doomsday sets in motionWhat Has Already Released This YearSeveral projects readers might expect to find on an upcoming list have already come and gone. Wonder Man streamed all eight episodes in January. A second season was announced in March, then reported as canceled by Variety in July. Daredevil: Born Again's second season ran from March through May, followed by a one-off special. The Punisher: One Last Kill, that same month. Spider-Man: Brand New Day opened in theaters in July, and X-Men '97 returned for its second season the same month. None of these are still pending.Confirmed Releases Beyond 2026Two more films already carry official dates. Black Panther 3 arrives December 15, 2028, with Ryan Coogler back in the director's chair and David Jonsson stepping into the lead role as an adult version of T'Challa's son. A Ghost Rider film starring Ryan Gosling, directed by Shawn Levy, is also set for 2028. Marvel confirmed both at its July Comic-Con panel.Projects Still Waiting on a DateA few titles remain in active development without a set window. Armor Wars, centered on Don Cheadle's War Machine, has reportedly shifted from a planned Disney+ series into a film, though nothing is scheduled yet. Shang-Chi 2 and further X-Men and Deadpool projects sit in similar territory.Blade tells a different story. After seven years of rewrites, cast changes, and delays, the film has dropped off Marvel's release plans entirely. Star Mahershala Ali addressed the situation directly in a July 2026 GQ interview, saying the studio would have finished the project if it had wanted to.Also Read: The Odyssey Box Office Collection: Christopher Nolan Film Surpasses $900 Million WorldwideWhere the Slate Stands NowMarvel's remaining schedule looks less like a flood of content and more like a short run of carefully placed releases. Instead of spreading attention across a dozen titles, the studio is narrowing focus to a handful of projects that carry real narrative stakes as the current saga heads toward its close. Tracking official confirmations, rather than speculation about undated projects, remains the simplest way to stay current.Final ThoughtThe gap between Marvel's early-2026 previews and its actual output says something about how the studio now plans its slate. Fewer titles, spaced further apart, give each release more room to matter. That pattern is likely to define Marvel's approach well past this year, as fans shift from tracking a packed calendar to watching a handful of dates that carry the whole story forward.You May Also Like:Don't Watch ‘Spider-Man: Brand New Day’ Before Reading These Five ThingsTop 10 Must-Watch Sci-Fi Shows on Netflix This July 2026Best Crunchyroll Anime for Beginners in 2026FAQs1. What Marvel movies and series are still releasing in 2026?The remaining confirmed Marvel releases for 2026 are VisionQuest, arriving on Disney+ in October, and Avengers: Doomsday, scheduled to release in theaters on December 18, 2026.2. When is Avengers: Doomsday releasing?Avengers: Doomsday is scheduled to release in theaters on December 18, 2026, marking Marvel Studios' biggest crossover film of the year.3. Is Avengers: Secret Wars coming out in 2026?No. Avengers: Secret Wars is officially scheduled to release on December 17, 2027, following the events of Avengers: Doomsday.4. Is the Blade movie still part of Marvel's release schedule?No. Blade is no longer listed on Marvel Studios' release schedule after multiple delays and production setbacks. The project currently has no confirmed release date.5. Which Marvel projects are still in development without release dates?Projects including Armor Wars, Shang-Chi 2, and future X-Men and Deadpool films remain in development, but Marvel Studios has not announced official release windows for them.Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
EV Ecosystem Stocks: Companies Driving the Future of Electric Mobility
Electric Vehicle Market Enters a New Growth PhaseThe electric vehicle industry is expanding beyond car manufacturers, creating opportunities across batteries, charging infrastructure, software, and energy solutions. Companies supporting the EV ecosystem are becoming important players as global demand for cleaner transportation increases. Investors are closely watching businesses that contribute to the development, production, and adoption of electric mobility worldwide.EV Manufacturers Lead the TransformationElectric vehicle makers remain central to the industry’s growth as they introduce new models, improve battery efficiency, and compete for global market share. Companies developing affordable, premium, and specialized electric vehicles are influencing the future of transportation. Their progress depends on innovation, production capacity, technology improvements, and the ability to meet changing consumer expectations.Battery Companies Power Electric MobilityBattery technology is one of the most important parts of the EV ecosystem because it determines range, performance, and cost. Battery manufacturers and suppliers are investing heavily in advanced materials, faster charging solutions, and improved energy storage. Companies involved in battery production are becoming increasingly important as automakers seek reliable partners for future electric vehicle growth.Charging Networks Build EV InfrastructureThe expansion of electric vehicles depends heavily on charging infrastructure. Companies developing charging stations, fast-charging technology, and energy management systems are helping create a stronger EV network. As more drivers switch to electric vehicles, charging providers are expected to play a larger role in supporting convenient and accessible transportation solutions.Semiconductor and Software Companies Gain ImportanceModern electric vehicles rely on advanced chips, artificial intelligence, and software systems to improve performance and safety. Semiconductor companies and technology providers are becoming key contributors to the EV ecosystem. Their innovations support autonomous driving features, battery management systems, connected services, and smarter vehicle experiences for future generations of electric cars.Global Competition Shapes EV InvestmentsThe EV market includes companies from different regions competing through technology, pricing, and innovation. Manufacturers, battery suppliers, and infrastructure providers are expanding their capabilities to capture growing demand. Investors are monitoring businesses with strong growth potential while considering challenges such as supply chain risks, changing regulations, and increasing market competition.The Future of EV Ecosystem StocksThe electric vehicle revolution extends far beyond vehicle production, creating opportunities across multiple industries. Companies involved in batteries, charging, software, and renewable energy solutions will continue influencing the future of transportation. As EV adoption increases globally, ecosystem-focused businesses are expected to remain important areas of interest for technology and mobility investors.Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
Galaxy Digital Shares Fall 14% After $85M Q2 Loss as Helios Grows
Galaxy Digital shares fell 14% on Wednesday after the crypto and AI infrastructure company reported an $85 million second-quarter net loss. The stock closed at $19.07, down from $22.14, as weaker digital asset prices outweighed progress at its Texas data center business.Crypto Weakness Pressures Quarterly ResultsGalaxy narrowed its net loss from $216 million in the first quarter. Still, quarterly revenue fell 15% to $8.7 billion from $10.2 billion. The company reported an adjusted diluted loss of $0.09 per share. Adjusted EBITDA reached negative $77 million, while total equity stood at $2.7 billion.Galaxy linked much of the pressure to falling digital asset prices. Its Treasury and Corporate segment recorded a $42 million adjusted gross loss during the quarter.Digital Assets Unit Posts Higher Gross ProfitGalaxy’s Digital Assets division generated $66 million in adjusted gross profit, up 34% from the previous quarter. Trading volumes still declined 7% as market activity cooled. The division posted an adjusted EBITDA loss of $11 million despite the stronger gross profit. Together, Digital Assets and Data Centers produced $86 million in adjusted gross profit. Those two businesses also generated $1 million in combined adjusted EBITDA. Yet investors focused on the company’s net loss and continued exposure to crypto price swings.Helios Data Center Starts Generating RevenueGalaxy’s Data Centers segment reported revenue for the first time after the company began delivering capacity to CoreWeave. The segment produced $20 million in adjusted gross profit and $11 million in adjusted EBITDA. By quarter-end, Galaxy had delivered all 133 megawatts of critical computing load under the first phase of its 15-year CoreWeave lease. The company expects about $80 million in quarterly revenue from the third quarter.Galaxy targets a project-level adjusted EBITDA margin above 90% at Helios. Can recurring AI infrastructure revenue reduce the company’s exposure to swings in crypto trading and asset prices? Meanwhile, construction has started on Helios Phase II, which will add 260 megawatts of critical IT capacity. Galaxy expects initial data hall deliveries during the second quarter of 2027.The company raised $3.5 billion through senior secured notes due in 2031 on July 28. Galaxy plans to direct the proceeds toward Helios I Phase II construction. After the quarter, Galaxy acquired three more Texas development sites. Those purchases lifted its potential power pipeline beyond 5.7 gigawatts.Also Read: JP Morgan Uses SOL to Structure On-chain Commercial Paper for Galaxy DigitalA Brief RoundupGalaxy’s second-quarter results showed a narrower net loss, lower revenue, and continued pressure from digital asset prices. At the same time, Helios began producing revenue, completed its first 133-megawatt delivery, and moved into a larger expansion using $3.5 billion in new debt financing.Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
upGrad
upGrad is an online learning platform that uses AI technology to deliver professional programs, certifications, executive education programs, and even degrees in collaboration with prominent universities and industry professionals. Flexible learning, live mentoring, career assistance, AI learning technologies, and practical projects in fields like AI, Data Science, Business, Marketing, Software Development, and Management are some features offered by upGrad. Premium programs may be expensive, but success in employment depends on personal performance.General InformationHere are some known facts about upGrad:Founded in: 2015Platform Support: Web, Android, iOSDownload: Click HereMain Features of upGradBelow are some important upGrad Features for online learning and career development.Offers courses in AI, Data Science, Machine Learning, Business, Marketing, Software Development, and MBA.Self-paced learning through live online classes and video sessions.Mentoring from industry experts and career guidance sessions.Projects, case studies, assignments, and practical learning.Career assistance with resume building, mock interviews, job recommendations, and placement help.Benefits of upGradBelow are some upGrad Benefits.The study schedule is flexible and convenient for professionals and students.Partnerships exist between the programs and renowned universities and businesses.Mentorship, career guidance, and networking possibilities are available.Features practical projects to develop job-relevant abilities.Has offline study centers, peer networks, and career assistance.Challenges of upGradSome upGrad Challenges users may experience while using the platform.High-quality education and certifications come at a cost.Placement into jobs is assured but cannot be guaranteed.Some high-level courses may need prior technical understanding.The course period may range from several months to one year or even more.Academic success will depend on discipline and time management.Subscription InformationThe education packages at upGrad can be both free and paid. The free packages assist in building some elementary knowledge in the disciplines like Artificial Intelligence, Data Science, Digital Marketing, and Business. Besides these, there are some advanced courses as well where learners can get professional certification, executive education, bootcamps, post-graduate diploma, masters and PhD degree. The cost of the courses depends on each individual package.Support OptionsHelp Center and Learning Resources: Course documentation, FAQs, recorded lectures, tutorials, community forums, blogs, webinars, and learning resources.Customer Support: Email support, phone assistance, learner success managers, academic mentors, career coaches, technical support, and admission counselors.ConclusionupGrad is a dependable AI-based learning platform that assists learners to acquire industry-relevant skills through online learning, mentoring, and projects. The affiliation of upGrad with various renowned institutions, career assistance services, and diverse range of courses makes it a suitable platform for upskilling. Even though expensive premium courses are offered by upGrad and there is no guarantee for placement, it still remains a top learning platform.
XRP Eyes Explosive Wave 3 Breakout with a 2,000% Rally
XRP is nearing a pivotal juncture, with market participants closely watching if the cryptocurrency can clear the major resistance levels and start a new bull phase. XRP could be nearing the final stages of the Elliott Wave 2 correction, with the possibility of a Wave 3 advance considered the strongest phase of the Elliott Wave cycle, according to crypto analyst EGRAG CRYPTO.The Relative Strength Index (RSI) is the other indicator that strengthens the bullish sentiment, as it is developing a divergence with XRP price. The RSI is making higher lows while XRP has been making lower lows, indicating that bearish momentum is slowly fading. This pattern does not always indicate a reversal; however, it has historically been seen around key market bottoms.Key Resistance Levels Hold the AnswerThe primary resistance zone is $1.30-$1.60, according to EGRAG. A trend that continues to rise above this range will give a clear indication of bullish control and improve the chances of a Wave 3 breakout.Beyond that, XRP will have to reclaim $1.96 and then the $3-$3.60 zone. A strong break above the last Wave 1 peak will give better technical confirmation that the next impulsive rally has started.On the downside, immediate support is located around $1.00-$0.95, followed by $0.75. If selling pressure intensifies, the $0.60-$0.52 zone represents the final major support area before the long-term bullish structure would come under pressure.Technical Setup Supported by Growing FundamentalsIf Wave 3 develops as projected, EGRAG believes XRP could significantly outperform its previous rally. Since Wave 1 produced gains of roughly 1,200%, Fibonacci extension analysis suggests Wave 3 could deliver an even larger move, with projected upside ranging between 1,900% and 2,000% from the anticipated bottoming zone.The bullish technical outlook is also being supported by improving market fundamentals. Spot XRP exchange-traded funds (ETFs) have reportedly attracted approximately $1.5 billion in inflows, while the XRP Ledger's tokenized real-world asset ecosystem has expanded beyond $4.3 billion, highlighting increasing institutional participation.Growing discussions around XRP's potential role in cross-border payments have also boosted investor attention. However, analysts stress that technical confirmation remains essential. Until XRP secures sustained closes above the $1.30-$1.60 resistance area and breaks beyond its previous Wave 1 high, the projected long-term rally remains a technical possibility rather than a confirmed trend.Also Read: XRP Price Outlook: Ripple Faces a Pivotal Test at Major ResistanceFAQs:1. What is the Elliott Wave 3 pattern for XRP?According to Elliott Wave theory, Wave 3 is typically the strongest and longest bullish phase. If XRP completes its Wave 2 correction, it could enter a powerful upward trend supported by increasing buying momentum.2. Why is the $1.30-$1.60 zone important?This range represents XRP's key resistance area. A sustained close above it would indicate buyers have regained control and significantly strengthen the bullish outlook for a larger rally.3. What does the RSI bullish divergence indicate?A bullish RSI divergence occurs when price makes lower lows while the RSI forms higher lows. It often suggests weakening selling pressure and can signal a potential trend reversal, though confirmation is still required.4. What are XRP's major support levels?Immediate support lies between $1.00 and $0.95, followed by $0.75. If selling intensifies, the $0.60-$0.52 range is viewed as the final major support zone before the long-term bullish structure weakens.5. What fundamental factors support XRP's bullish outlook?Growing institutional interest, approximately $1.5 billion in spot XRP ETF inflows, and the XRP Ledger's tokenized real-world asset ecosystem surpassing $4.3 billion continue to strengthen the long-term investment case for XRP.
BNY Plans In-Custody Crypto Staking for Institutions with Galaxy
BNY plans to add crypto staking to its digital asset custody platform through a collaboration with Galaxy. The bank announced the planned service on August 4, 2026, as it expands its offering for institutional digital asset clients.Eligible institutions could earn staking rewards while keeping their crypto assets within BNY’s custody system. Galaxy will supply the staking infrastructure through one workflow, while the planned service awaits regulatory review.BNY Links Crypto Custody with StakingBNY said the collaboration would combine crypto custody and staking within one institutional servicing model. The arrangement could remove the need for clients to transfer eligible tokens to another provider before staking them.Galaxy will provide the technical infrastructure and support proof-of-stake activity through BNY’s platform. The companies said the service would use controls, governance standards, and asset protections designed for institutional clients.Staking allows token holders to support proof-of-stake blockchain networks by locking eligible assets. In return, those holders may receive rewards under the rules of each supported network.BNY said clients increasingly seek services that extend beyond asset storage. Carolyn Weinberg, BNY’s chief product and innovation officer, described that demand in the announcement.“As digital assets continue to evolve, clients want more than safekeeping alone — they want a broader set of capabilities delivered through an institutional-grade model,” Weinberg said.Galaxy Takes Wider Platform Design RoleGalaxy will also serve as a design partner for BNY’s digital asset platform. Its work will cover infrastructure development beyond the planned staking feature, according to the announcement.BNY aims to place staking beside existing services available to eligible institutional clients. Those services may include custody, fund accounting, tax reporting, payments, and client reporting where applicable.Galaxy already uses BNY’s digital asset custody platform as an early client. The Nasdaq-listed company operates across digital assets and data center infrastructure and has experience with proof-of-stake networks.Steve Kurz, Galaxy’s global co-head of digital assets, linked the collaboration to the development of programmable financial systems. “The future of financial markets will be built on open, programmable rails, and the institutions that move first will define the era that follows,” Kurz said.BNY Expands its Blockchain ServicesBNY launched its digital asset custody service in 2022 and has since broadened its blockchain work. The bank manages tens of trillions of dollars in assets under custody and administration.Additionally, BNY plans to move core transfer agency record-keeping onto blockchain technology. The proposed system would create one on-chain ownership ledger and reduce reliance on several intermediaries.The bank also plans around-the-clock settlement for traditional and tokenized United States Treasuries in 2027. Before the end of 2026, it expects to test tokenized Treasuries on a private blockchain.Ethereum represents the largest proof-of-stake network by market value. The blockchain adopted proof-of-stake in 2022 after replacing its former mining system. Ethereum traded near $1,868 at press time, according to CoinMarketCap data. The token fell 0.3% over 24 hours and about 1.3% across seven days.Its market value stood near $225 billion, placing Ethereum second among crypto assets. However, BNY did not identify which networks or tokens the planned staking service would support.BNY also did not provide a launch date, fee structure, or client eligibility details. Regulatory review must occur before the bank makes the staking service available through its custody platform.Also Read: Crypto News Today: JPMorgan Rolls Out $100M Tokenized Money Market Fund on Ethereum for Institutions Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
Bitcoin Poised for a $75K Rally: See How?
Bitcoin is once again near a critical resistance zone, with traders monitoring to see if the world's leading cryptocurrency can break above $65,000 and gain momentum to the $75,000 range in the third quarter. Leveraged positioning continues to create downside risks, while macroeconomic conditions and continued institutional demand are bolstering the bulls.Bitcoin has been stuck in the $60,000-$65,000 range for over two months, which leaves a lot of leveraged buyers and sellers with positions that could be affected by a price shift. A newly created wallet deposited $2.44 million in USDC into Hyperliquid with 40x leverage and initiated a short position of 1,600 BTC worth around $102.6 million, according to Lookonchain. The price to liquidate the position is $64,888.97, which is around the same level as Bitcoin's trading price.Heavy Leverage Creates Breakout PotentialA large amount of leverage activity is building up in the $64,000-$65,000 area, which increases the risk of sharp price movements. In the event Bitcoin does not break the resistance, long positions with high leverage may be forced to dump, further increasing selling pressure.The opposite situation, however, could be more important. If the price of Bitcoin continues above $65,000, the big short seller will be under pressure and may experience a short squeeze, which could push Bitcoin back up and further fuel the rally.Market sentiment also remains cautious. According to Santiment, Bitcoin's positive-to-negative social sentiment ratio has declined to 0.54 since July 31, indicating bearish discussions now outnumber bullish commentary by nearly two to one. Historically, extreme pessimism has often appeared before market recoveries.Macro Conditions Continue to ImproveThe macroeconomic backdrop has also turned more favorable toward risk assets. Hopes of easing geopolitical tensions shot up when Tehran confirmed talks with Oman over the Strait of Hormuz were in their final stages. Lower oil prices might help relieve inflationary pressures and reduce the expectation of a tighter monetary policy.Recent US economic data further reinforced this outlook. ADP reported private-sector job growth of only 44,000 in July, well below market expectations, while the ISM Services PMI came in slightly below forecasts. Following the softer data, CME FedWatch estimates showed the probability of a September Federal Reserve rate hike falling to around 55%, down from 67% earlier in the week.Also Read: Coldcard Hack Raises Security Concerns: What it Means for Hardware Wallet UsersInstitutional demand remained strong as US Bitcoin ETFs had net inflows of $244.42 million on Wednesday, according to SoSoValue, which is the third day in a row of inflows. If Bitcoin manages to breach the resistance level, continued ETF purchases and the dropping rate hike fears may provide further support.With leverage still high and volatility expected to rise, the general outlook is that Bitcoin is moving towards the $75,000 level by the end of the third quarter, backed by a combination of macro conditions and consistent inflows from institutions, and the possibility of a massive short squeeze.FAQs:1. Why is the $65,000 level important for Bitcoin?The $65,000 area is a major resistance zone where both buyers and sellers have built large leveraged positions. A breakout above this level could trigger significant short liquidations and accelerate upward momentum.2. How could a short squeeze push Bitcoin toward $75,000?A large 40x leveraged short position sits near its liquidation level. If Bitcoin rises above that threshold, forced buying from short sellers could amplify the rally and drive prices higher.3. Why are Bitcoin ETF inflows important?Spot Bitcoin ETFs recorded $244.42 million in net inflows, according to SoSoValue. Continued institutional buying helps support demand and can provide additional momentum during bullish market conditions.4. How do lower Fed rate expectations benefit Bitcoin?Softer US economic data reduced expectations of a September Fed rate hike. Lower interest rate expectations generally improve liquidity and increase investor appetite for risk assets like Bitcoin.5. What are the biggest risks to Bitcoin's bullish outlook?If Bitcoin fails to break above resistance, heavily leveraged long positions could be liquidated, increasing selling pressure. Broader macroeconomic uncertainty or weakening institutional demand could also limit upside momentum.
S&P 500 Flat as Chip and Software Losses Offset Gains Across Wall Street
The S&P 500 traded near the flatline on Thursday as sharp technology losses offset gains across most other sectors. Investors assessed corporate earnings, labor data, and talks over reopening the Strait of Hormuz.At 11:20 a.m. ET, the S&P 500 slipped 0.08% to 7,723. The Dow added 0.49% to 54,350. Meanwhile, the Nasdaq Composite gained 0.05% to 26,380.Western Digital and Sandisk Shares FallWestern Digital shares fell 18.5% during early trading despite reporting fourth-quarter results above Wall Street estimates. Its forecast for the fiscal first quarter failed to meet investors’ expectations.Sandisk shares dropped 11.3% after the company released its fiscal fourth-quarter results. Both companies forecast quarterly revenue above estimates, supported by demand linked to artificial intelligence infrastructure.However, investors focused on the companies’ valuations after large gains earlier this year. Western Digital had climbed about 200%, while Sandisk had gained around 400%.Hank Smith, investment strategy director at Haverford Trust, said expectations had reached demanding levels. He described the latest price action as “some digestion going on in the market.”The Philadelphia Semiconductor Index declined 1.5% during early trading. Intel and AMD also traded lower, adding pressure to the technology sector.However, several chip stocks later recovered from early declines. Broadcom gained nearly 2%, while Marvell Technology rose about 3%. NVIDIA also moved higher during the session.Software Earnings Add Pressure to TechnologySoftware stocks also recorded steep declines following several corporate earnings reports. Atlassian, Salesforce, Adobe, and Zscaler traded lower during Thursday’s session.AppLovin shares fell about 17% after the marketing platform missed Wall Street’s quarterly revenue estimate. The stock had previously benefited from investor demand for companies linked to artificial intelligence.Datadog dropped roughly 17% after management forecast slower revenue growth during the third quarter. The outlook raised fresh questions about enterprise software demand and current market valuations.Peloton shares also fell more than 14% after the company forecast lower sales during its coming fiscal year. Peloton linked the forecast to higher prices for its equipment and subscription services. Still, Microsoft and Amazon each gained around 1%. Their advances helped limit broader losses across the major indexes.Most S&P 500 Sectors Trade HigherDespite technology weakness, nine of the S&P 500’s 11 sectors traded higher during the morning session. Energy, consumer staples, and healthcare led the sector gains. Parker-Hannifin rose 8.5% after forecasting annual profit above analysts’ estimates. The motion and control technology company also reported results that supported its full-year outlook.Meanwhile, Albemarle gained 6.7% after the lithium producer beat quarterly profit estimates. Diageo rose about 6% after announcing a three-year plan targeting $1.2 billion in savings.Restaurant Brands International reported adjusted earnings of $1.07 per share. Analysts had expected $1.03 per share. Revenue reached $2.52 billion, matching market estimates. Burger King recorded an 8.5% increase in comparable restaurant sales. However, other brands within the group delivered weaker results during the quarter.Labor Data Sets Up July Jobs ReportNew applications for unemployment benefits increased slightly during the week ending August 1. Initial jobless claims reached 199,000, up 1,000 from the prior week. The figure stayed below the Dow Jones estimate of 204,000. Separate data showed layoffs fell to their lowest level in two years during July.Second-quarter productivity increased 1.4%, compared with 0.8% during the previous period. Economists had forecast a 0.6% gain. Additionally, unit labor costs rose 1.3%, below the 2.1% estimate. Investors will now examine Friday’s July employment report for clues about the Federal Reserve’s policy path.Fed Chairman Kevin Warsh has reduced forward guidance, increasing the market’s focus on incoming economic data. Employment and wage figures could shape expectations for upcoming interest-rate decisions.Iran Talks Keep Oil and Gold in FocusBrent crude traded near $80 per barrel as investors monitored negotiations involving Iran and Oman. The talks focused on reopening shipping routes through the Strait of Hormuz. An Iranian official said a temporary agreement would allow ships to travel without fees or tolls. However, final conditions had not been settled.Deutsche Bank strategist Jim Reid said attention had shifted toward the possible agreement’s final terms. He noted “unresolved questions” about whether Iran could later charge vessels using the route.Gold rose for a fourth consecutive session as geopolitical uncertainty supported demand. Spot gold gained 0.6% to $4,271.33 per ounce. US gold futures also rose 0.6% to $4,330.20. Earlier, spot prices reached their highest level since June 18.Conclusion Technology losses keep the S&P 500 near the flatline, despite gains across nine of its 11 sectors. Western Digital, Sandisk, AppLovin, and Datadog record the sharpest declines following earnings updates.Meanwhile, investors monitor Iran-Oman shipping talks and Friday’s July employment report. Both developments could shape energy prices and Federal Reserve rate expectations.Also Read: Stock Market Update: Nifty 50 Opened 0.07% Higher, Sensex Climbed 201.43 points Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
HeyGen
HeyGen is an AI-driven platform for generating videos where the user can create professional videos using AI avatars, voice cloning, and text-to-video features. HeyGen allows creating videos in multiple languages and helps with marketing material, training purposes, and product demos without any need for recording equipment.General InformationHere are some known facts about HeyGen:Founded in: 2020Platform Support: Web, Windows, macOS, LinuxDownload: Click HereMain Features of HeyGenBelow are some important HeyGen Features for AI-powered video creation.Generates lifelike avatars using videos with permission and real-time verification.Clones voiceover to ensure consistency in narration for different video creations.AI Studio incorporates scripts, avatars, voices, and screen recording to create videos.Provides translation and dubbing services for videos in different languages.Used for scalable video creation for product demos, marketing, and helpdesk support.Benefits of HeyGenBelow are some HeyGen Benefits.No need to make repetitive live recordings once avatar and voice have been configured.Creates professional videos faster through efficient processes of video generation using AI.Uses consistent branding via use of cloned voices and realistic AI avatars.User-friendly dashboard makes onboarding simple even for beginners with no tech knowledge.Highly efficient in production of videos for businesses that make videos often.Challenges of HeyGenSome HeyGen Challenges users may experience while using the platform.The free plan enables the user to create just one custom AI avatar.Manually synchronizing narration and screen recording processes is needed.AI can pronounce the names of products incorrectly or any other technical term.Careful timing needs to be taken into consideration when scripting.Gestures performed by the avatar's hands can be repetitive.Subscription InformationHeyGen has both a free and a subscription version. The features available under the Free plan include creating limited AI videos and a single avatar for testing purposes. The paid subscriptions that include Creator, Business, and Enterprise come with extra video credits, extra avatars, collaboration tools, API, advanced administration, and enterprise features.Support OptionsHelp Center and Learning Resources: Documentation, tutorials, FAQs, product guides, community discussions, and learning resources.Customer Support: Email support, enterprise customer success, technical assistance, onboarding support, and billing support.ConclusionHeyGen is a dependable AI-based video generation tool that offers features like AI avatars, voice cloning, script-to-video generation, and multilingual video localization. HeyGen makes professional video making easy and convenient for companies, marketers, teachers, and other content creators without the need for recordings. Even though HeyGen might need synchronization, meticulous script editing, and paid subscriptions to unlock some of its advanced features, it still serves its purpose effectively.
Apple Lawsuit Against OpenAI Faces Dismissal Request
OpenAI has asked a US federal court to dismiss Apple's trade secrets lawsuit, arguing that the iPhone maker has failed to identify any confidential information that was allegedly misappropriated.In a court filing, OpenAI said it had "no use, need or desire" for Apple's trade secrets and is developing its consumer hardware independently. The company argued that Apple's complaint does not identify any specific trade secret or explain how it was allegedly used.The filing is the latest development in the legal dispute between the two companies as competition in artificial intelligence and consumer hardware intensifies.OpenAI Says Apple's Claims Are Too VagueApple sued OpenAI and several former Apple employees, alleging they took confidential information related to the company's hardware projects before joining the AI firm.OpenAI denied the claims by stating that the Apple complaint lacks any description of the stolen trade secrets and how they were misappropriated.The company claimed that the complaint contains vague accusations instead of evidence needed for a trade secret lawsuit. In OpenAI’s filing, the mentioned information is either public or cannot be considered trade secrets.‘No Use, Need or Desire’OpenAI told the court it is building its hardware products using its own technology and has no reason to rely on Apple's confidential information.The firm argued that Apple’s claims are baseless and there is absolutely no proof that OpenAI obtained, disclosed, or used any trade secrets. Additionally, the company argued that the lawsuit filed by Apple should be dismissed because it does not meet the required legal standard for such claims.Additionally, OpenAI claimed that Apple is using the lawsuit as an escape route for its own difficulties, which include attracting engineering talent and staying abreast of developments in artificial intelligence.Also Read: OpenAI Safety Chief Departs as Apple Lawsuit and GPT-5.6 Reshape AICase Heads to CourtApple has also requested a preliminary injunction against OpenAI to prevent any use of any confidential information by OpenAI during the litigation process. OpenAI has rejected the petition stating that the allegations made by Apple are groundless.While being involved in a legal battle, the two corporations keep cooperating. Apple incorporates ChatGPT to Siri via Apple Intelligence service, and iPhone owners can also access ChatGPT via iOS.The court will make a decision regarding the feasibility of this lawsuit. If OpenAI's motion is denied, the case will continue along with Apple's request for a preliminary injunction.Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
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