Average asking prices for homes in Britain fell 2% in August, the largest drop in eight years, as a cooling housing market and higher mortgage rates prompt sellers to slash prices and accept lowball offers from investors.
The White House posted an image of Donald Trump holding a Washington Post headline about a sharp drop in prescription drug prices, omitting that experts cited in the article attributed the decline to Joe Biden's Inflation Reduction Act.
SharpLink reported a $394 million net loss for Q2 2026, driven by unrealized crypto losses and staked Ether impairments. Despite the downturn, the company resumed large-scale Ether purchases in late June.
USBC increased its Bitcoin-backed loan to $18 million with Kraken-affiliated Payward Interactive in July, pledging 479 Bitcoin. The agreement sets a 130% call ratio and a 120% liquidation threshold tied to Bitcoin price fluctuations.
Samsung's 9100 Pro 2TB NVMe SSD drops to $302.99, its lowest price since early 2026. Other tech deals include the Samsung M8 4K monitor (50% off), Google Pixel 10A ($424), and SteelSeries Arctis Nova Pro Omni headset ($379.99). Google's Pixel 11 launch is set for next week.
Palm Springs' luxury housing market is cooling after a pandemic-era boom, with home prices falling, properties taking longer to sell, and significant price cuts observed on upscale homes. The market, once fueled by low mortgage rates and remote work, now shows signs of balance with increased inventory.
The U.S. Senate reconvenes with Todd Blanche's confirmation hearing on the agenda, as Blanche rescinded a controversial 'anti-weaponization fund' plan. Separately, President Trump announced a deal to cancel planned attacks on Iran, causing oil prices to drop, while the DOJ's use of a Civil War-era statute and Capital One's closure of Trump Organization accounts are also in focus.
China's durian imports increased by 47% year-on-year in the first half of 2026, reaching 1.07 million tonnes, as Southeast Asian exporters, particularly Thailand, Malaysia, and Vietnam, offloaded a fruit glut that led to a price drop.
SpaceX's share price has fallen to $132.62, below its initial $135 listing from June and 41% down from its post-float peak. This drop, steeper than the wider Nasdaq, follows an initial investor frenzy and the acquisition of AI startup xAI. Analysts attribute the decline to a lack of recent catalysts, with an earnings report due in August.
President Trump urged gas retailers to lower prices for the "America 250" celebrations, praising a chain for a "Freedom Fuel" promotion. He also interacted with an AI version of Teddy Roosevelt and faced a lawsuit from ex-CIA director John Brennan.
Strategy's new financial framework, including a $2.55B reserve and BTC monetization, aims to cover dividend obligations. Meanwhile, Bitcoin dropped below $60,000, with significant transfers to exchanges and ETF outflows, creating separate market pressures.
A steep drop in crude oil prices countered expectations of a hawkish Fed, supporting US Treasuries despite strong GDP and inflation data, with the 10-year yield falling below 4.4% and TLT ETF gaining.
Bitcoin's price declined to $58,188, marking a 3.3% drop in 24 hours, amid a broader crypto market liquidation exceeding $1.44 billion. Strategy's preferred stock (STRC) also hit a record low, falling 8% to $74.13, as concerns grow over the company's cash reserves and Bitcoin holdings.
Bitcoin dropped below $60,000, hitting two-week lows, as traders anticipate a relief bounce towards $70,000 despite increasing short interest. US stocks remained flat, showing limited impact from US-Iran peace progress regarding the Strait of Hormuz.
Shares of Bitcoin treasury giant Strategy (MSTR) plummeted to a two-year low Wednesday, trading under $100, as Bitcoin's price sank to a two-week low. Concerns over Strategy's large Bitcoin holdings and recent BTC sale, breaking its "buy and never sell" ethos, are fueling the decline.
Hyperliquid's HYPE token has dropped 22% from its all-time high, testing the critical $50-$54 support zone. While spot selling shows signs of easing, derivatives activity continues to weaken, with traders reducing exposure as the token faces its first major trend test since January.
A "durian tsunami" caused by a bumper harvest has led to a significant drop in durian prices, with consumers like Lim Mei Ling and Kelvin Tan expressing delight at being able to afford premium varieties like Musang King.
Bitcoin network transaction counts are rising significantly, reaching near all-time highs not seen since late 2024, despite the asset's price being down nearly 50% from its peak. This surge is driven by small-value transactions, including Bitcoin NFT activity and time-stamping services, rather than large economic transfers.
Indian consumers won't see immediate price cuts on daily essentials and home appliances. Manufacturers hold high-cost raw material inventory, expecting potential relief around September-October, contingent on stable input costs.
US stocks traded near record levels Tuesday, with the Dow Jones Industrial Average hitting an intraday all-time high. Falling oil prices and optimism over a US-Iran peace deal boosted investor sentiment, while SpaceX shares rallied significantly.
A potential US-Iran deal is causing oil prices to fall, benefiting airline stocks. The agreement could release Iranian funds, reopen the Strait of Hormuz, and allow free oil sales, easing jet fuel costs. However, the full impact on airline profits will take time to materialize.
Matthew Stafford has sold three properties in Hidden Hills, California, for a combined $21 million. Two of these were formerly owned by Drake and were purchased by Stafford in 2022 for $11 million. After two years on the market and multiple price adjustments, they sold for $11.6 million, yielding a profit of $600,000. A third mansion was sold at a loss.
Brent crude fell below $86/barrel, its lowest since March 10. Iran submitted a new draft proposal for a deal with the US via Qatar. Russia dismissed an IAEA report on blasts near the Zaporizhzhia Nuclear Power Plant as provocation. The US and Russia expressed hopes for constructive relations amidst ongoing conflict in Ukraine. Elon Musk reportedly became the world's first trillionaire.
Ether traders are boosting leveraged long positions despite a 44% price decline in 2026. Binance sees record open interest in ETH futures, with increased buyer activity across exchanges, though speculative trading outpaces spot demand, creating liquidation risks on both sides.
