Altseason is coming — and traders are more discerning this time
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Ethereum Institutional signals support for Ethlabs’ motion to reduce Ethereum block times
The non-profit signaled support for reducing Ethereum block times, citing increasing institutional activity moving onto the smart-contract network.
Santiment: Bitcoin and Ethereum exchange supply is near all-time lows, reflecting increased investor confidence.
PANews reported on July 8 that, according to Cointelegraph, Santiment data shows that the supply of Bitcoin and Ethereum on exchanges is near all-time lows, with Bitcoin at its lowest level since 2017 and Ethereum at its lowest level since 2015, reflecting increased investor confidence.
SpaceX was officially included in the Nasdaq 100 index this week; historical warnings point to post-inclusion volatility. TeraWulf's Q1 HPC leasing revenue surpassed mining's high-margin annualized revenue of $630 million for the first time.
According to ChainCatcher and BBX data, the world's largest IPO completed its index inclusion milestone yesterday, marking a historic turning point in the valuation logic of mining companies' AI transformation. Key developments are as follows: SpaceX, Inc. (NASDAQ: $SPCX) was officially included in the Nasdaq 100 index this week, becoming the first company in history to have its largest single IPO ($75 billion) included in the Nasdaq 100. CoinDesk also issued a historic warning: "The previous two largest additions to the index—Palantir ($PLTR) in December 2024 and Strategy ($MSTR) in early 2025—both experienced a period of decline after inclusion, rather than initiating a new round of growth." Analysts pointed out that passive funds tracking the Nasdaq 100 completed a "forced buy" at the time of inclusion, and without new fundamental catalysts, the stock price often corrects after the technical buying subsides. SpaceX currently faces specific risks including: a net loss of approximately $4.27 billion in Q1 2026 (primarily due to xAI integration expenses), a $2 billion bond issuance plan, and a 3.4% equity dilution from the $60 billion acquisition of Cursor/Anysphere; Morningstar maintains its fair value estimate of $62 per share, implying a downside of approximately 70% from the current market price. For the market holding SpaceX Bitcoin (18,712 coins, approximately $1.2 billion, custodied in Coinbase Prime), Nasdaq 100 inclusion will trigger larger-scale SPCX holdings by passive funds, further narrowing the indirect exposure of traditional index investors to Bitcoin assets. According to the latest analysis, TeraWulf Inc. (NASDAQ: $WULF) reported $21 million in high-performance computing (HPC) leasing revenue in Q1 2026, accounting for approximately 62% of its total revenue of $34 million. This marks the first time TeraWulf has surpassed Bitcoin mining revenue—a historic reversal in revenue structure since its transformation into an AI/HPC infrastructure company. This represents a 117% increase compared to the $9.7 million in HPC revenue in Q4 2025. The company currently has AI/HPC leases totaling over 522 megawatts signed with Core42 and Fluidstack, with an expected annualized high-margin revenue of approximately $630 million. Its energy mix consists of nuclear power and hydropower, with an average electricity cost of approximately $0.035/kWh, among the lowest of its peers in the mining industry. The company is also developing a new campus in Kentucky, adding approximately 480 megawatts of grid connection capacity; analysts have significantly raised their target price range, with Keefe Bruyette & Woods from $23 to $37, and Clear...
US-listed optical communications stocks fell across the board in early trading, with Coherent dropping nearly 6%.
According to data from Odaily Odaily, US-listed optical communications stocks fell across the board in early trading. Coherent fell nearly 6%, Corning fell nearly 5%, Lumentum fell nearly 4%, and Credo fell more than 7%.
Traders' sentiment toward dollar positioning has risen to its most optimistic level since 2015.
According to ChainCatcher, citing Jinshi, the U.S. Commodity Futures Trading Commission (CFTC) stated that traders' overall positioning sentiment towards the U.S. dollar has risen to its most optimistic level since 2015.
Lighter's recent positive news: a rebound of over 2.5 times from its lows!
According to BlockBeats, on July 6th, based on HTX market data, LIT (Lighter) rebounded strongly after hitting a low of $0.77 in early April, breaking through $2.70 today, with a cumulative increase of over 2.5 times and a 22% increase in the past 24 hours. A summary of recent positive factors for LIT (Lighter) is as follows: On June 30th, Lighter announced a major adjustment to its token economic model. Future buybacks through exchange revenue will change from simple buybacks to permanent burning of all tokens. The plan is to first burn approximately 15.5 million LIT already repurchased, representing about 6.3% of the circulating supply. This mechanism will be officially implemented starting in the third quarter of 2026. Furthermore, the funding source for staking rewards will shift from exchange revenue to ecosystem reserve funds. On July 1st, Lighter became Robinhood's official perpetual contract partner. Lighter is directly integrated into Robinhood Wallet, supporting perpetual contract trading using Robinhood Chain assets as collateral. The platform simultaneously launched an $11 million LIT rewards pool, offering Robinhood users double rewards and three months of zero-fee trading. Ethereum founder Vitalik Buterin praised Lighter. During a fireside chat with Lighter founder Vlad Novakovski on May 18, he lauded Lighter as "one of the more successful and noteworthy new projects in the Ethereum ecosystem." The platform saw strong growth in trading volume, TVL, and revenue. Lighter's daily perpetual contract trading volume once exceeded $10 billion, and its cumulative trading volume over 30 days reached nearly $200 billion. TVL has stabilized at over $530 million, with a peak historical value exceeding $1.4 billion. It was listed in Grayscale's Top 15 on-chain application revenue rankings and has achieved approximately $50 million in protocol revenue. The founder announced today that he has joined the CFTC Innovation Advisory Committee. Lighter founder and CEO Vladimir Novakovski has joined the U.S. Commodity Futures Trading Commission (CFTC) Innovation Advisory Committee, which advises the CFTC on the intersection of technology, law, and finance.