Newegg NEGG Stock Rockets 200% Weekly Fueled by Insider Confidence and Strong Sales

Posted on July 31, 2025 by Skerdian Meta

Newegg Commerce staged a powerful comeback this week, with its share price surging over 33% in a single day amid strong investor sentiment and renewed momentum. Continue reading “Newegg NEGG Stock Rockets 200% Weekly Fueled by Insider Confidence and Strong Sales” →

Major Roadblock to Trump’s Tariff Plans as He Faces Federal Judges

Posted on July 31, 2025 by Timothy St. John

President Donald Trump was expecting to see his newest tariffs go into effect on Friday, but they are facing a hurdle in the form of small businesses bringing legal action against his tariffs.

Federal courts are looking at Trump's tariffs this week and will make a decision on them. — Federal courts are looking at Trump’s tariffs this week and will make a decision on them.

On “Liberation Day”, when Trump announced a new round of tariffs to take effect on August 1st, he likely expected some resistance. He is seeing strong pushback now as a number of investors and businesses are taking his tariff plan to appeals court judges.

These federal judges will evaluate whether it is legal for the president to declare a national emergency to make his tariffs law or whether their institution constitutes a violation of his legally permitted powers. Trump declared an emergency based on the heavy flow of illegal fentanyl and illegal immigration entering the United States. This allowed him to leverage trade agreements with Canada, Mexico, and China, among others.

Thursday’s Courtroom Battle

Trump’s tariffs will be evaluated in courts on Thursday, a day ahead of the Friday deadline for them to go into effect. Trump announced that he would enact these tariffs on a number of trade partners if they did not negotiate or reach out to him before the deadline. Several countries have responded to his announcement, resulting in lowered tariffs for those trade partners.

The tariffs will affect the profits of those involved in this case, cutting into their bottom line. That is why the courtroom will be occupied by consumers, producers, investors, and merchants who are worried about what the tariffs will do to them.

The question that needs to be answered is whether the President can use the IEEPA (International economic Emergency Powers Act) to protect the United States’ economic interests in this situation. Do the problems of illegal immigration and illegal drugs mandate a call to action of this magnitude?

Trump has faced vocal opposition about his tariffs in recent months, but this will be one of the most direct legal attacks so far, and it could undermine his entire tariff policy. The outcome of this case is crucial for the stock markets and cryptocurrency markets, which have shown resiliency in the last few months when it comes to new tariff announcements.

This Stock Soared after Successful Treatment of Rare Disease

Posted on July 31, 2025 by Timothy St. John

Soligenix (SNGX) has seen success in their Phase 2 trials for treating oral ulcers, a key symptom of Behçet’s disease, and their stock climbed 237% in Thursday’s trading session.

Soligenix is the top performing stock for Thursday after they announced positive results for the second phase of their drug testing.

The top performing stock for Thursday is Soligenix which jumped to $4.16 per share, from $1.25 the previous day. The company announced that their Phase 2a study for proof of concept produced a positive outcome in treating a significant aspect of Behçet’s disease.

The drug trial was designed to treat oral ulcers, which is one of the major symptoms of the disease. With the Phase2a testing turning out well, the company is poised to corner the market for treatment of the rare disease. The chronic inflammatory condition is most common in Asia and the Middle East.

Soligenix has been testing a new drug SGX945 (dusquetide), and if successful, the drug could significantly improve the quality of life for those affected by the disease. Skin lesions, inflammation of the eyes, and oral sores are all common symptoms of the disease.

Soligenix Tops the Stock Market

The Nasdaq Composite rose 1.06% in Thursday’s afternoon trading, and Soligenix topped the Nasdaq index. No other stock even came close to SNGX’s change compared to the previous day, and that one stock almost single handedly drove the Nasdaq higher than its counterpart indices. We will likely see this stock retreat over the next couple days as it settles from its sky-high gains.

Thursday was mostly calm for the stock market, with the Dow Jones up 0.10% and the S&P 500 up 0.51% as investors waited for an answer from federal courts on the tariff question as well as from China and the United States to determine what rate their tariffs will settle at. The stock market is also dealing with Wednesday’s decision from the Federal Reserve to hold off on interest rate cuts for now.

Tesla Closes off New Orders for the Model S and Model X in Europe

Posted on July 31, 2025 by Timothy St. John

Tesla (TSLA) will not be taking new orders for either the Model X or the Model S in Europe any longer, ending its sales for two of its oldest models in the international market.

Tesla has closed the door on its older models in some markets.

Attempting to move forward, Tesla is closing the door on its older Model S and Model X vehicles for the European market. The company has seen declining sales of its vehicles in much of Europe, directly impacting its stock value, which is at $319 per share at the moment.

These two older models are among the oldest that Tesla still offers. Over the past few years, these early models have seen declining sales everywhere, and Tesla CEO Elon Musk said that the company really only offers them due to the sentimental attachment they have for them.

Both of these models received minor upgrades in 2025,which did not substantially change the cars. There was speculation that the updates would extend the lifespan of these older models, but that does not seem to be the case.

Tesla’s Latest Stock Movement

Tesla’s stock value saw a bump earlier this month once the company announced that they were signing a deal with Samsung for new AI chips. The move has helped the company’s stock rise above its early July values and regain some of its recently lost ground.

The company has struggled through much for the year, facing criticism of its CEO as well as multiple reports of low sales of its vehicles. The low point for the year was in April when the stock hit a price of $221 per share. This occurred at a time when global markets were suffering from severe fear over President Donald Trump’s proposed tariffs. Now that the pressure has eased off of the market and tariffs are not as much of a concern, Tesla has been able to regain its footing.

Tesla is planning to expand its robotaxi service to California after a soft launch in Texas. They have run into a hurdle there as the company lacks permits to bring this service to that state. Until they can get approval for their automated taxi service, they cannot expand to California.

Bitcoin Price Prediction after Mid-Week Gains

Posted on July 31, 2025 by Timothy St. John

After a slow start to the week, Bitcoin (BTC) is gaining momentum and has moved above $118K, spurring speculation that the sluggish coin could be ready to surge.

Bitcoin holders are keeping their assets close to their chest during this time of little movement.

Over the last 24 hours, Bitcoin has gained 0.74% and is now valued at $118,383 (BTC/USD). This is the highest the coin has moved in two days and comes after a brief plunge to $116K on Wednesday.

[[BTC/USD]]

Because BTC was able to come out of its steep decline so fast, there is the strong possibility that the coin may be preparing to go bullish. This has been speculated about for days, since BTC moved little when the remainder of the crypto market surged and then fell off a cliff.

Bitcoin’s consolidation in recent weeks between $117K and $118K shows that it is resilient, but it could also mean that the coin is going to be moving quickly soon. It is unusual for the rest of the cryptocurrency market to move so wildly and for Bitcoin to barely move at all.

Our BTC Price Prediction

Where might Bitcoin be headed now? There is a strong possibility that the coin will push back toward its all-time high over the weekend. Even though the Federal Reserve did not issue rate cuts this week, Bitcoin may be able to move on its own momentum. We are seeing increased inflows for Bitcoin ETFs and strong support for cryptocurrency thanks to the signing of the GENIUS Act that makes stablecoins far more accessible to the public.

Bitcoin trade volume is at $70.3 billion, which is up about 12% over the last day. This may indicate increased interest in the coin that could build to a bullish trend by the end of the week. The holding pattern that Bitcoin has developed shows that Bitcoin investors are keeping their assets tightly and are waiting for and anticipating an upswing.

There is very little selling pressure for BTC at the moment, which means that if the coin starts to climb, it could move quickly and experience strong support from the Bitcoin whales and BTC holders who expect the coin to keep on gaining. It is still possible that BTC will attain a price of $150K before the end of 2025, especially if Bitcoin holders manage to keep selling pressure low.

Stellar (XLM) Eyes $0.52 Rally as Bullish Pennant and Data Align

Posted on July 31, 2025 by Arslan Butt

XLM is consolidating at $0.42 in a bullish pennant—a classic setup that often leads to price continuation. After a big run, this pattern is formed by converging trendlines connecting higher lows and lower highs. A breakout above the upper trendline could lead to a big move up.

The structure is showing growing momentum for the bulls. Currently XLM has support at $0.40-$0.36 where accumulation interest is high. Traders are watching the 50-day EMA at $0.35 as a stop loss. If the breakout is confirmed the next resistance is at the July 18 high of $0.52 and then the November high of $0.63.

The RSI on the daily chart is supporting the price structure at 54—up from the 50 level, indicating buying pressure is building.

Derivatives Data Confirms Bullish View

Derivatives market positioning is in line with the pennant narrative. Coinglass data shows the long/short ratio for XLM at 1.14—the highest in over a month. More traders are betting on upside.

Funding rates are also bullish:

Current funding rate: 0.0085%
Positive funding means longs are paying shorts—often a sign of bullish sentiment.

Traders are positioning for more upside without overcrowding the market which reduces the chance of sudden reversals due to leverage.

Smart Money Accumulation

On-chain metrics show smart money accumulating XLM. According to CryptoQuant’s Spot Retail Activity Through Trading Frequency Surge, retail activity is low—a historically bullish sign for XLM.

Low retail participation often clears the way for institutions or long-term investors to buy at good prices. Past price trends show that reduced retail speculation precedes sustained upside.

Key Bullish Factors:

Bullish pennant at $0.42
RSI up from 50
Long/short ratio at a monthly high of 1.14
Positive funding rate of 0.0085%
Low retail activity for price to growUnless $0.35 EMA is broken.

Corporate ETH Holdings Top $10B as Firms Amass 2.73M Ethereum Tokens

Posted on July 31, 2025 by Arslan Butt

Global corporations now hold over 2.73 million ETH, worth over $10 billion, as institutional adoption of Ethereum accelerates. The surge is a sign of growing confidence in Ethereum’s role in the digital economy. Recent big buys from companies like Bitmine Technologies, SharpLink Gaming and The Ether Machine show a race to build ETH treasuries.

The Ether Machine’s latest move – buying 15,000 ETH for $56.9 million at $3,809.97 per token – has taken its holdings to 334,757 ETH, making it the 3rd largest corporate ETH holder, surpassing even the Ethereum Foundation.

Key Figures

Total corporate ETH holdings: 2.73 million
Estimated value: Over $10 billion
ETH price (July 31): $3,865
Monthly ETH price increase: 56%

Ethereum’s Decade: Milestones and Market Confidence

July 30 marked Ethereum’s 10th birthday and companies are choosing to celebrate not with words but with investments. The Ether Machine described its purchase as part of a long term strategy to “accumulate, compound and support ETH” not just as an asset but as the foundation of a new internet.

Ethereum co-founder Joseph Lubin said the platform is stable and evolving, citing its 100% uptime since 2015. This has given corporate confidence, solidifying Ethereum as a robust infrastructure for DeFi, smart contracts and Web3 applications.

“Ethereum is antifragile. It has adapted and remains a trust layer in the digital ecosystem.” — Joseph Lubin

Ether ETFs Drive Institutional Demand

Spot Ether ETFs are driving institutional participation to new highs. Leading the charge is BlackRock’s ETHA which now holds over 3 million ETH, $11 billion in assets. Overall Ether ETFs hold close to 6 million ETH, expanding the network’s financial footprint.

The US SEC’s approval of BlackRock’s ETH staking proposal suggests a potential change in ETF structure by late 2025 or early 2026 which could allow for staked ETH holdings. Analysts predict this will drive even more institutional demand.> 🔍 ETF Data

ETHA AUM: $11+
Spot ETF ETH: ~6 million
Staking: 2026

As ETH flirts with the $4,000 mark, market momentum and growing corporate interest suggest the potential for a renewed bullish breakout.

Mawari Offers 300,000 Guardian Nodes in $45M Public Infrastructure Sale

Posted on July 31, 2025 by Arslan Butt

Mawari, the AI-powered 3D content streaming leader, has launched its Public Decentralized Infrastructure Offering (DIO) with 300,000 Guardian Nodes to power its compute network. 139,492 of these nodes have already been reserved, mostly by early backers, including Japan-based GFA Co. Ltd, which contributed to the $45 million raised in the private round.

The remaining 160,508 Guardian Nodes are now available in the public round, which opened on July 30, 2025. The offering is only open to non-U.S. participants under Regulation S of the U.S. Securities Act of 1933.

According to Mawari CEO Luis Oscar Ramirez, the strong interest in node licenses proves the value of real utility in decentralized infrastructure. He said, “Almost 140,000 Guardian Node licenses are already committed; proof that the community values nodes that do real work.”

Guardian Node Functions

Guardian Nodes are the backbone of Mawari’s network. Unlike traditional crypto nodes that only focus on transactions, these nodes actively work to maintain real-time performance across the network.

What Guardian Nodes Do:

Validate every 3D render for quality assurance
Audit network metrics to ensure performance benchmarks
Monitor latency and jitter for a smooth user experience
Help scale immersive content delivery globally

Node licenses can be purchased with USDT or USDC on the Arbitrum network. Fiat-based credit card purchases will be available later. A referral code program will also reward users who bring in new participants to the network.

Ecosystem Growth and Partnerships

Mawari is growing its ecosystem through key partnerships and adoption metrics. Recent developments:

KDDI has joined as a strategic infrastructure partner
Collaborations with Brave and Virtual Avex for projects like VtuberXR
Over 499,000 wallets have claimed Mawari’s XRP-based digital assets
2 million users engaged in the last month alone

Mawari’s model is utility-driven, where node operators not only buy licenses but also earn based on network uptime and performance. This ensures operators are active contributors, not passive holders.

As immersive digital experiences go global, Mawari’s infrastructure approach is decentralizing rendering while incentivizing meaningful contributions, pushing the boundaries of the next-gen internet.

Federal Reserve Decides to Wait on Rate Cuts; Stock Market Dips

Posted on July 31, 2025 by Timothy St. John

It came as no surprise on Wednesday when the Federal Reserve announced that they would not be making any interest rate cuts, but investors are still disappointed.

The stock market declined on Wednesday after the Fed announced they would hold rates steady.

The Fed held steady on current interest rates this week, marking more than six months since the last cut. The stock market reacted with a noticeable downturn, specifically on the Dow Jones and S&P 500 indices. The Nasdaq climbed 0.15% by the end of trading Wednesday.

The S&P 500 fell 0.12%, and the Dow Jones dropped 0.38% as markets responded to the news. It was expected that the Fed would stick with the current interest rate, but there was some hope that they would drop the rate. Now, credit card interest rates and mortgage rates will remain high. The upside is that inflation will not be driven up by this decision and will have a chance to come down some more. Savings accounts will also be able to earn better returns with this decision compared to how they would function with a rate cut.

Why No Fed Rate Cut?

There are a number of factors that contributed to the Federal Reserve’s decision to keep rates steady. Chief among those is the stubborn inflation rate, which has failed to drop for months, and the Federal Reserve has announced that that are trying to wait for a lower inflation rate before they institute an interest rate cut.

The White House has put pressure on the Fed to issue rate cuts, but Chairman Jerome Powell has been vocal against giving into that pressure when it could trigger a recession. The Federal Reserve has been accused of moving too slowly and of being overly cautious. After all, many stocks are higher than they have ever been, but the Fed is obviously worried about moving the United States economy any closer to a recession.

Earlier in the year, recession fears were very high, particularly when President Donald Trump was involved in a trade war with several key trading partners. The economy has taken a few steps away from imminent recession since then, and the Fed is hesitant to take any action that would increase the risk of recession.

There is the problem of rampant speculation in the market, with the S&P 500 and Nasdaq Composite indices near all-time highs. These two indices have been moving extremely high and extremely fast recently, making gains that would be expected over years in a matter of months. A number of meme stocks and other speculative stocks have shot up in recent months, even though there is no solid earnings data to back up the rise. These events have caused analysts to worry that the stock market and the economy as a whole could be approaching a bubble, if they are not already in one.

Kraken’s Q2 Revenue Jumps 18% as Exchange Pivots Beyond Crypto Trading

Posted on July 31, 2025 by Arslan Butt

Crypto exchange Kraken’s financial results for the second quarter of 2025 were mixed. Its revenue rose 18% from the same time last year to $411.6 million, while its adjusted earnings fell 7% to $79.7 million, down from $85.5 million in the same period last year.

Kraken's Q2 Revenue Jumps 18% as Exchange Pivots Beyond Crypto Trading — Kraken Navigates “Build Mode”: Revenue Up, Profits Down, IPO on the Horizon

The exchange in San Francisco said that “market turbulence related to U.S. tariffs and broader macro uncertainties” caused the drop in earnings. This was because trading volumes slowed down from the first quarter to the second quarter, which the business said was good.

Even though earnings fell, Kraken showed strong growth in important areas. In the second quarter of 2025, the total volume of exchanges rose 19% year over year to $186.8 billion. The platform’s assets also grew by 47% to $43.2 billion. The number of financed accounts also climbed a lot, going up 37% to 4.4 million people.

Kraken’s Strategic Expansion Beyond Cryptocurrency

The company’s financial statistics show how ambitious Kraken’s shift from a crypto-only platform to what it terms a “multi-asset trading ecosystem” has been. The exchange is in what it calls “Build Mode,” which means it is focusing on long-term expansion and product diversification instead of making money right away.

This change in strategy was clear in the launch of numerous important products during the quarter. In April, Kraken added commission-free trading of U.S. stocks to its mobile app. This lets users handle both stocks and cryptocurrency in one place. The company also started offering 24/7 foreign currency perpetual futures and xStocks in June. This is a set of 55 tokenized blue-chip stocks and 5 ETFs that use blockchain technology.

In its earnings report, Kraken said, “We are creating a multi-asset platform that allows anyone to trade anything, anytime, anywhere.” This shows how important it is to them to make trading accessible to everyone, whether it’s traditional or digital assets.

Market Share Gains in Stablecoins

One good thing about Kraken’s performance in the second quarter was that it saw a big increase in stablecoin trading. The exchange’s market share of stablecoin-to-fiat spot volumes rose from 43% to 68%, showing that it is a strong competitor in this important part of the crypto industry.

The company also made big strides in following the rules. It became the first exchange to get permission from the Central Bank of Ireland under the Markets in Crypto-Assets (MiCA) regulation. This put it up for faster growth in 30 European markets.

Industry-Wide Tokenization Trend

Kraken’s entrance into tokenized stocks is part of a larger trend of traditional financial and cryptocurrency markets coming together. Competitors like Bybit, Coinbase, and Robinhood have also said they will do the same thing. For example, Robinhood launched over 200 tokenized U.S. stocks and ETFs on the Arbitrum blockchain for European users in June.

eToro, a traditional brokerage platform, said it would tokenize the 100 most popular U.S. equities and ETFs into ERC-20 tokens on Ethereum. Coinbase, on the other hand, is working hard to get SEC approval to sell tokenized stocks.

Kraken IPO Preparations and Funding

As Kraken tries to raise $500 million at a $15 billion valuation, the earnings release comes out. This is in preparation for a possible initial public offering in early 2026. The company’s confidence in its multi-asset strategy and long-term growth prospects is clear from its efforts to raise money.

What’s Next for Kraken?

Kraken has big ambitions for growth in the second half of 2025. These goals included offering commission-free stock and ETF trading in the U.K., Europe, and Australia. The company also wants to offer more tokenized stock options and start selling Mastercard-issued debit cards that can be used in person and online.

As the cryptocurrency industry grows up and regulations become clearer around the world, Kraken’s decision to become a full-service financial platform puts it in a good position to take advantage of the merging of traditional and digital assets. This is even though the company is facing short-term earnings pressures from higher investment spending.