Peak
Peak is an early-stage venture capital fund based in Amsterdam, Berlin, and Stockholm. They invest Europe-wide and have active investments in the Benelux, DACH, and Nordic regions.
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AI voice interaction company Wispr closes $280 million Series B financing, led by Menlo Ventures
According to Pulse2, AI voice interaction startup Wispr announced the completion of a $280 million Series B funding round, valuing the company at $2 billion. The round was led by Menlo Ventures, with participation from Notable Capital, NEA, Neo Ventures, 8VC, MVP Ventures, as well as Acrew, Peak XV, Together Fund, and PLUS Capital.
Merculet
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Neo
Bitget's July TradFi Futures Trading Volume Reaches $100 Billion, with Single-Day Peak Exceeding $10 Billion
Odaily News: According to the latest data from Bitget, the platform's TradFi futures trading volume surpassed $100 billion in July, with the highest single-day trading volume reaching $10 billion.As a core growth engine for the TradFi sector, Bitget's stock futures have demonstrated strong market penetration. Currently, approximately one in every three futures trades on the platform comes from stock futures. As of press time, Bitget supports 272 popular US stocks and ETF futures instruments.
Bitget
Peak unrealized profit exceeded $15.31 million; long-term Bitcoin holder with three-year position deposits 158.7 BTC into Coinbase
Odaily News According to on-chain analyst Ai Yi's monitoring, a Bitcoin whale who has held positions for three years has a cost basis as low as $20,000, with peak unrealized profits once exceeding $15.31 million. The address deposited 158.7 BTC, worth $10.01 million, into Coinbase 8 hours ago. The funds originated from another address, which withdrew the relevant Bitcoin from Kraken on March 11, 2023. During the holding period, the whale did not choose to take profits; if sold now, the profit would be $6.206 million, a decline of more than 40% compared to the peak profit.
Bitcoin
Coinbase
Kraken
AI Code Verification Startup Blacksmith Closes $45 Million Series B Round, Led by Peak XV Partners
According to TechCrunch, AI code verification startup Blacksmith announced the completion of a $45 million Series B funding round, led by Peak XV Partners, with participation from GV and Y Combinator, valuing the company at $550 million.
Code
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Startup
Discovered Materials Completes $9 Million Seed Round, Backed by Peak XV Partners and Others
: Discovered Materials announced the completion of a $9 million seed funding round, with participation from Lightspeed India Partners, Peak XV Partners, and several angel investors. The company combines AI agents with physical models to screen new heat-dissipating materials for chips at scale, targeting the high heat generation and high energy consumption challenges of AI chips in data centers. Reports indicate that AI can improve the efficiency of candidate material generation, but commercialization in this field remains constrained by factors such as material screening, synthesis validation, and manufacturing feasibility. (TechCrunch)
Backed
Analyst: Citi Downgrades Micron, Expects Memory Prices to Peak in the May Quarter Next Year
Odaily News, Citrini analyst jukan posted on X platform that Citi has downgraded Micron, expecting the pace of DRAM and NAND price increases to gradually slow over the next four quarters, with prices likely peaking in the quarter ending May next year, i.e., the second fiscal quarter. Citi has adjusted its quarter-over-quarter DRAM price increase expectations for the August, November, February, and May quarters from 23%, 10%, 2%, and 0% to 23%, 9%, 2%, and 0%, and now expects prices to decline 3% in the second half of 2027 compared to the first half. For NAND, the quarter-over-quarter price increase expectations have been adjusted from 29%, 9%, 1%, and 0% to 29%, 7%, 0%, and -1%, with the second-half 2027 price expectation revised to a 5% decline compared to the first half. Citi noted that capacity expansions at CXMT and YMTC will drive DRAM and NAND prices lower. US-listed memory chip stocks fell sharply.
August
Memory
Robinhood Chain Trading Volume Down 72% from Peak, Incentive Funds Primarily Flow to Depositors
On Robinhood Chain, decentralized exchange trading volume has declined 72% from the peak on July 11, despite on-chain transaction counts, deposit volumes, and stablecoin supplies all reaching record highs. Data shows that the average on-chain transaction amount has dropped from $105 to $28, reflecting that the growth in trading activity has failed to translate into higher trading volume. Additionally, currently about 92% of on-chain real-time incentive spending flows to deposit users rather than trading users, which is considered an important reason for the weakening trading volume.
Chain
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Robinhood
Bitget rToken July Trading Volume $1.153 Billion, Peak Daily Transactions Exceed 120,000
Latest data released by Bitget shows that rToken trading volume in July reached $1.153 billion, with a highest single-day trading volume of $81.38 million and a highest single-day transaction count of 127,691. Currently, rToken Assets Under Management (AUM) has increased to $160 million. With the increase in trading activity, the demand for rToken's round-the-clock trading has been further released. Statistics show that approximately one-third of rToken transactions occur during traditional US stock market closed hours, reflecting that users still have strong demand for US stock trading outside regular trading hours, and also providing new growth potential for liquidity during non-trading hours.
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Exceed
Independent Bitcoin Miner Mined a Block, Earning Approximately $200,000 in Rewards, with Peak Hashrate Reaching 100 PH/s
Odaily News: An independent Bitcoin miner mined Bitcoin block 960804 at 02:16 UTC on Monday, earning a reward of 3.15689830 BTC, worth approximately $200,000. The reward includes a 3.125 BTC block subsidy and 0.032 BTC in transaction fees from 4,243 transactions. CKPool developer Dr-ck stated that this block is the 317th independent block mined via CKPool, with the winning address being bc1qdyqjq9qccp34pyv3kxmsrkn7p0amnsqqy8kdeq. Its hashrate fluctuated significantly, peaking at 100 PH/s, which is speculated to be rented hashrate. At the time, the Bitcoin network's total hashrate was 924 EH/s, and this peak accounted for approximately 0.011% of the network, corresponding to mining one block roughly every 64 days. CKPool allows independent miners to connect to its infrastructure without running a full Bitcoin node, and charges a 2% fee from the blocks mined.
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Block
Gate prediction market focuses on League of Legends LCK showdown, T1 support rate reaches 79% overpowering KT Rolster
as the esports event prediction market continues to heat up, the League of Legends LCK (Legends Group Round 3-4) is featuring a marquee matchup: T1 will face KT Rolster at 18:00 (UTC+8) on July 29. According to the latest data from the Gate prediction market, T1 currently holds a support rate of approximately 79%, while KT Rolster stands at around 22%. The Gate prediction market closely follows global sports and esports hotspots, continuously enriching trading scenarios to deliver an efficient and seamless one-stop prediction experience for users.Gate is launching the "Esports Peak Trading Season" from July 20, 16:00 to August 10, 16:00 (UTC+8), with a total prize pool of 200,000 USDT. After registering, users who participate in designated esports event prediction trades on the Gate prediction market can unlock newcomer benefits, weekly task rewards, and compete on the esports prediction trading leaderboard. As the first centralized exchange to integrate with Polymarket, Gate has become a key gateway for users to engage with prediction markets. Users can access Gate Polymarket via the Alpha section on the Gate App homepage, using USDT in their accounts to conveniently participate in prediction market trades for popular esports events and championship outcomes. Users can also leverage the "Smart Money" feature to track the positions and market judgments of high-win-rate traders, gaining additional reference for esports event predictions. Gate is continuously expanding the application scenarios of its prediction market, offering users a diversified prediction trading experience covering popular esports events and other major happenings.
Alpha
August
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Tether
Bitcoin Selling Pressure Easing? Realized Losses Drop 56% from Peak, but Demand Recovery Remains Weak
According to Odaily, CryptoQuant analyst Axel Adler stated that the current bear market phase for Bitcoin has seen the highest level of realized losses among holders. The 30-day moving average (30DMA) of realized losses peaked at $1.37 billion in February 2026, 19% higher than the $1.15 billion peak during the 2022 cycle. Data shows that since the February peak, Bitcoin realized losses have dropped by 56.5% to approximately $597 million. Meanwhile, the scale of realized profits has only slowly recovered to $257 million. Axel Adler pointed out that loss-driven selling pressure has significantly weakened, but the market has not yet seen sustained demand recovery, with the decline in losses still outpacing the recovery in profits.From a historical cycle comparison, realized losses reached $1.37 billion on February 20, 2026, a new all-time high for this metric. The highest realized loss in the 2022 cycle was $1.15 billion, recorded on June 30, 2022. In terms of realized profits, as of July 23, Bitcoin's realized profit 30DMA stood at $257 million, down 92.7% from the peak of $3.51 billion recorded on December 10, 2024. It is also down 77.7% from the level on October 6, 2025, when Bitcoin hit its all-time high of $124,710. This metric bottomed out at $191 million on June 14, 2026, and has since recovered by 34.7%.Axel Adler stated that profit-driven selling pressure has dropped significantly, and the volume of coins being sold for profit is currently at a low level for this cycle. However, this does not mean that sellers have been completely exhausted, nor does it imply that market demand has recovered. If realized profits consistently rise above the $400 million to $500 million range, it would better confirm a sustained market improvement.Additionally, the Bitcoin realized profit/loss ratio has recovered from a low of 0.26 in June to 0.43, but remains below the 1.0 level. The analyst noted that while the absolute scale of realized losses in the current cycle exceeds that of 2022, the relative market pressure is still lower than in 2022. Since Bitcoin's all-time high, realized losses have exceeded realized profits on 190 out of the past 291 days. Axel Adler cautioned that if the profit/loss ratio breaks below 0.26 again, accompanied by a price drop below the cycle low of $58,535 established on June 30, it could signal further escalation of market pressure.
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CryptoQuant
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Gate Launches Esports Trading Season: Predict Esports Events and Share 200,000 USDT
Odaily, July 20 - According to official sources, Gate has launched the Esports Peak Trading Season from 16:00 on July 20 to 16:00 on August 10 (UTC+8), with a total prize pool of 200,000 USDT. During the event, users who register and participate in designated prediction trading for esports events in the Gate Polymarket esports section can enjoy newcomer benefits, weekly trading tasks, and the prediction trading leaderboard to share generous rewards. After the event, the top 100 users by cumulative prediction trading volume who meet the corresponding trading volume requirements can also share a 50,000 USDT leaderboard reward, with the 1st place winner eligible to receive up to 10,000 USDT. Currently, the Gate Prediction Market has launched prediction markets for popular events such as the 2026 KeSPA Cup "League of Legends" Chevor DRX vs. KT team, and more exciting events can be found on the platform for participation.According to data from Polymarket Builders, the Gate Prediction Market ranked first among Polymarket channels in single-day trading volume on July 19, and has also maintained a leading position in cumulative trading volume over the past week and month, ranking first among Polymarket channels. As the first centralized trading platform to integrate Polymarket, Gate has become a key entry point for users to participate in prediction markets. Users can enter Gate Polymarket via the Alpha section on the Gate App homepage and use USDT in their accounts to conveniently trade in prediction markets for popular esports events and championship outcomes. Users can also leverage the "Smart Money" feature to track the positions and market judgments of high-win-rate traders, gaining more reference for esports event predictions. Gate is continuously expanding the application scenarios of its prediction market, providing users with prediction trading experiences covering diverse events such as popular esports competitions.
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Alpaca Completes $135 Million Financing, Advancing Tokenized Markets and AI-Native Financial Services Infrastructure
According to BusinessWire, Alpaca announced the completion of $135 million in financing, led by Peak XV with participation from Elefund, and new and existing shareholders also include Opera Tech Ventures and Unbound under the BNP Paribas Group. The company stated that the new funds will be used to accelerate the development of its agent-oriented brokerage infrastructure and API-centric prime brokerage business to support the development and expansion of investment products for traditional and on-chain markets.
BNP Paribas
Native
Native
Native
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Unbound
AI and tokenized financial infrastructure Alpaca completes $135 million in funding, led by Peak XV
Alpaca, an AI and tokenized financial infrastructure provider, has announced the completion of a $135 million new funding round, led by Peak XV, with participation from Elefund, BNP Paribas' venture capital arm Opera Tech Ventures, and Unbound. To date, its total funding has reached $435 million. The new capital will be used to accelerate the development of its AI-native brokerage infrastructure and API-first prime brokerage services, helping fintech companies, banks, brokerages, wealth management institutions, and crypto financial platforms build investment products in traditional and on-chain markets, while also gaining access to more global crypto exchanges, asset tokenization platforms, and financial institutions. (Businesswire)
BNP Paribas
Unbound
Unbound
Unbound
Crypto Quant: BTC Cycle Peak May Not Have Arrived Yet, Price Down About 50% from All-Time High
Cryptoquant indicates its 365-day PnL Index signal continues to decline, suggesting the current BTC cycle may not have reached its peak. BTC is currently trading at approximately $62,656, down about 50% from its all-time high of around $126,000 in October 2025. Cryptoquant’s bull-bear cycle indicator turned green on May 12, 2026, marking the first bullish signal since March 2023.Cryptoquant stated that the indicator produced a false positive in 2022, and the green signal itself does not guarantee a sustained upward trend. A whale purchased BTC worth $98.9 million at the June 5 low of $59,734, securing a profit of $3.5 million within two days as the market rebounded. BTC has since remained above $60,000 and was trading at approximately $62,550 at the time of writing. (Bitcoin.com News).
Bitcoin
Bitcoin.com
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Quant
Analyst: Meme Coins on Binance Have Faced Over $1.2 Billion in Selling Pressure Since Bitcoin's Peak
CryptoQuant analyst Darkfost stated in a post on X that since Bitcoin reached its all-time high in October 2025, the cumulative net selling pressure on Meme coins listed on Binance has exceeded $1 billion, with a cumulative net trading volume reaching -$1.21 billion.Darkfost noted that this reflects significant selling pressure on high-risk assets within the cryptocurrency market, also indicating that the Meme coin sector has been notably impacted during the market correction. He also reminded investors that this sector carries a higher risk of capital loss.
Binance
Bitcoin
CryptoQuant
Market Value of Bitcoin Treasury Companies' Holdings Evaporates Over $100 Billion from Peak, Facing Selling Pressure After Accumulating at Highs
CryptoQuant analyst Darkfost posted that since October 2025, the market value of holdings of Bitcoin treasury companies has declined from $396 billion to $272 billion, a cumulative drop of over $100 billion. Data shows that although these companies' Bitcoin holdings increased from 953,000 to the current 1.14 million, most of the Bitcoin reserves were accumulated at high prices. November 2024 to October 2025 was the most aggressive buying phase for corporate treasury companies, when Bitcoin prices were mainly in the $75,000 to $125,000 range. Currently, the pace of accumulation has nearly stalled. Whether these enterprises will follow Strategy's example and choose to sell holdings at low levels remains to be seen.
Bitcoin
CryptoQuant
Market
Strategy
Treasury
Blockchain analytics company Elliptic announces investment from Circle Ventures
Elliptic (@elliptic) officially announced that blockchain analytics company Elliptic has received strategic investment from Circle Ventures. Previously, the company completed a $120 million Series D funding round in May this year, led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank, and British Commercial Bank. Meanwhile, Circle has officially joined Elliptic's Agentic Design Partner Program. The program brings together infrastructure providers, compliance institutions, and technical teams to jointly develop compliance solutions for AI agents. Elliptic noted that AI agents differ from traditional bots, as they can set goals autonomously and make independent decisions. Their operating speed and scale have far exceeded the capacity limits of manual compliance systems, urgently requiring specialized solutions to address.
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Elliptic
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BTC Treasury Company Hyperscale Data Stock Price Falls to $0.14, Nearly Zero Compared to Historical Peak
According to Protos, the stock price of Bitcoin treasury company Hyperscale Data (NYSE: GPUS) closed below $0.14 on July 7, 2026, representing a drop of nearly 100% compared to its historical peak during the 2000 internet bubble (adjusted price over $2.1 billion). The company was formerly an electronics manufacturer established in 1969, Digital Power Corporation, and has since undergone six name changes, five reverse stock splits (cumulative compression ratio exceeding 200 million to 1), and multiple transformations—sequentially involving Bitcoin mining and Michael Saylor-style BTC accumulation strategies. In September 2025, the company announced the launch of a $100 million BTC purchase plan, at which time the stock price was $0.72, and has since fallen cumulatively by over 80%. The company's Executive Chairman Milton "Todd" Ault III was fined and suspended by the Financial Industry Regulatory Authority (FINRA) in 2012, and the company also reached a $700,000 settlement with the SEC in 2023.
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Hyperscale Data
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Treasury
Nomura Securities Raises Target Prices for Nine Semiconductor Stocks, 2028 to Become New Peak of AI Cycle
According to TechFlow Research, Nomura Securities confirms the AI cycle peak is extended to 2028. Global data center construction is just beginning to scale up, with the number of projects increasing from 240 to 280, and gigawatt-level projects increasing from 40 to 50. The deployment peak will only begin to decline after 2027, pushing back the entire cycle. Server market growth rates were significantly upwardly revised, with global figures rising from 43% to 74%/65% (2026/2027), and AI servers from 58% to 78%/76% (2026/2027), indicating capacity demand far exceeds prior expectations. However, there are real bottlenecks on the capacity side: Wafer-level Substrate (WoS) has become a constraint. TSMC's capacity target is 2,000kpcs, while Nomura estimates actual output is only 1,800kpcs. Additionally, CPU demand is systematically underestimated; AMD, Arm, and NVIDIA are all expanding the CPU market scale, which will further extend the cycle.
NVIDIA