💰️SpaceX Moves $153M In Bitcoin

☀️ Good morning. It's Wednesday, Jul. 23, and we're covering, SpaceX Moves $153M In Bitcoin, First On-Chain Activity In 3 Years, OpenAI Confirmed As Buyer In Oracle’s Massive $30B/Year Data Center Deal, Trump Secures ‘Massive’ Trade Deal With Japan, Slashes Tariffs To 15%, and much more. First time reading? Sign up to get this newsletter: Sign up here.

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MARKETS

Cryptocurrency Prices by Market Cap

• The global cryptocurrency market cap today is $3.93 Trillion, a 0.78% increase in the last 24 hours.

• The total crypto market volume over the last 24 hours is $197.74B, which makes a 9.39% decrease.

• The total volume in Defi is currently $48.94B, 24.75% of the total crypto market 24-hours.

• The volume of all stablecoins is now $187.51B, which is 94.83% of the total market 24-hour volume.

• Bitcoin’s dominance is currently 60.07%, an increase of 0.01% over the day.

SpaceX Moves $153M In Bitcoin, First On-Chain Activity In 3 Years

SpaceX just moved 1,308 Bitcoin, worth around $153 million in its first on-chain activity since 2021. The funds were consolidated from 16 addresses into a single SegWit-compatible wallet, suggesting a strategic shift in how the company manages its crypto. SpaceX continues to use stablecoins to collect Starlink payments in emerging markets, avoiding traditional banking rails. The company now holds around 6,977 BTC (~$815M), ranking it among the largest corporate Bitcoin holders. (Read Deeper)

BUSINESS & FINANCE

OpenAI Confirmed As Buyer In Oracle’s Massive $30B/Year Data Center Deal

OpenAI is the mystery client behind Oracle’s jaw-dropping $30 billion-a-year cloud deal, confirmed by CEO Sam Altman. The partnership is part of the ambitious $500 billion “Stargate” project to build AI supercomputing infrastructure, beginning with a 4.5-gigawatt data center in Abilene, Texas—roughly the energy output of two Hoover Dams. The $30B figure dwarfs OpenAI’s current $10B in annual revenue, raising questions about how the AI leader plans to fund and scale its massive infrastructure ambitions.

Why It Matters: The 4.5 GW facility could power 4 million homes. It’s a leap in AI infrastructure scale. OpenAI’s cloud bill is 3x its current revenue. Will revenue growth match this bet? This cements Oracle’s role in the global AI compute race, while also putting pressure on competitors like AWS, Google Cloud, and Microsoft Azure. (Read Deeper)

Amazon To Acquire AI Wearable Startup Bee

Amazon is acquiring San Francisco-based startup Bee, which makes a $50 AI-powered bracelet that listens to conversations and generates summaries, to-do lists, and more. The acquisition, confirmed Tuesday, marks Amazon’s renewed push into AI wearables after shuttering its Halo wristband project last year. Bee’s co-founder Maria de Lourdes Zollo called the product a step toward “AI that truly learns with you.” While deal terms remain undisclosed, Bee is expected to join Amazon Devices under executive Panos Panay.

Why It Matters: Amazon re-enters the space after Halo’s failure. Bee’s bracelet is low-cost and high-function it summarizes your day in real time. OpenAI, Meta, and Amazon are battling for the wrist. (Read Deeper)

TECHNOLOGY & SCIENCE

Alibaba Launches Most Advanced Open-Source AI Coding Model Yet: Qwen3-Coder

Alibaba has unveiled Qwen3-Coder, its most advanced open-source AI model for software development. Designed to autonomously handle complex coding tasks, the model competes directly with top-tier tools like OpenAI’s GPT-4 and Anthropic’s Claude. The Chinese tech giant says Qwen3-Coder excels at “agentic coding” — where AI writes, refactors, and manages code with minimal human input. It has already outperformed local rivals and claims to match leading U.S. models in key areas.

Takeaways: China is closing the AI gap with open-source alternatives. This launch show China’s deepening commitment to building world-class foundational models — not just for chat, but for software itself. Alibaba is now targeting the same developer market as OpenAI and Anthropic. (Read Deeper)

SpaceX Flags Risk Elon Musk May Return To U.S. Politics

In newly issued documents for a $1.25 billion tender offer, SpaceX has warned investors that Elon Musk could re-enter U.S. politics — a move that could affect his focus on the company. The filing mentions Musk’s past advisory role under President Trump and suggests he “may in the future serve in similar roles,” raising questions about potential distractions for the CEO of the world’s most valuable private company. This is the first time such a political risk disclaimer has appeared in SpaceX’s investment materials, which also value the company at around $400 billion.

Why It Matters: Musk has publicly flip-flopped between political engagement and focusing on his businesses. SpaceX is a key U.S. government contractor (NASA, Pentagon), and Musk’s political ties may raise scrutiny. The $1.25B tender offer lets early shareholders cash out — rare in private companies of this scale. (Read Deeper)

AROUND DE WORLD & POLITICS

Trump Secures ‘Massive’ Trade Deal With Japan, Slashes Tariffs To 15%

Donald Trump has announced a sweeping trade agreement with Japan, lowering tariffs on Japanese auto exports to 15% and securing a $550 billion investment pledge into the U.S. economy. The deal, which the former president called “perhaps the largest ever,” also opens Japan’s markets to more American goods, including cars, trucks, and rice. The announcement sent Japanese markets soaring, with auto stocks like Mazda, Toyota, and Mitsubishi jumping as much as 17%. For Japan’s Prime Minister Shigeru Ishiba, the deal comes at a crucial time as he faces political pressure at home after his coalition lost its majority.

Why It Matters: The new 15% rate is far lower than the 25% previously threatened. Japan pledges to inject $550B into the U.S., boosting jobs and AI infrastructure. The deal may stabilize Japan’s leadership amid internal turmoil. (Read Deeper)

WHO Warns Of Global Chikungunya Resurgence As Virus Spreads Across Continents

The World Health Organization has issued a stark warning about a global resurgence of the mosquito-borne chikungunya virus. After devastating outbreaks in 2004–2005, the virus is once again spreading rapidly—starting in Indian Ocean islands like La Réunion and now reaching Europe, Africa, and Asia. Nearly one-third of La Réunion’s population is already infected, and local transmission has been confirmed in southern France and Italy. With 5.6 billion people living in at-risk areas, WHO officials say we could be watching history repeat itself.

Why It Matters: Chikungunya has no specific treatment, can cause long-term disability, and is spreading via the same aggressive mosquitoes that carry dengue and Zika. As global temperatures rise and travel increases, regions once thought safe are now seeing local infections. (Read Deeper)

ENTERTAINMENT & SPORTS

Crystal Palace Takes UEFA To Court Over Europa League Demotion

Crystal Palace has filed an appeal with the Court of Arbitration for Sport (CAS) after UEFA demoted the club to the third-tier Europa Conference League—despite its FA Cup victory, which earned it a Europa League spot. UEFA cited a breach of its multi-club ownership rules, pointing to Palace’s ties with French side Lyon via American businessman John Textor, who owns Lyon and held a 43% stake in Palace. While Textor is now selling his Palace stake to Woody Johnson (owner of the NY Jets), UEFA ruled that his influence violated integrity safeguards. (Read Deeper)

Ozzy Osbourne Dies At 76, Rock Legend's Final Bow Ends An Era

Ozzy Osbourne, the iconic frontman of Black Sabbath, solo superstar, and reality TV trailblazer has died at 76. His family confirmed the news, saying he passed peacefully surrounded by loved ones. Osbourne had lived for years with Parkinson’s disease and performed a farewell concert earlier this month at Villa Park in the UK. Nicknamed the Prince of Darkness, Osbourne helped pioneer heavy metal with Black Sabbath in the late 1960s. (Read Deeper)

PODCAST(WHAT WE ARE LISTENING TO)

• Coinwatch Just Changed Crypto Market Making Forever. ( Listen)

EXTRA BREVITI

• Japanese Prime Minister Shigeru Ishiba is reportedly preparing to resign as early as this month. (Read More)

• Singapore Inflation Stays at 4-Year Low, Paving Way for Policy Easing. ( Read More)

• US Nuclear Weapons Agency Breached in Microsoft SharePoint Hack. (Read More)

• MetaMask Parent ConsenSys Cuts 7% of Workforce Amid Strategic Restructuring. (Read More)