Crypto markets are heading into the week of Aug. 10 with U.S. inflation data at the center of near-term price action, according to CoinDesk’s weekly preview. The key release is July CPI, due Aug. 12, with economists looking for 3.4% year-over-year and 0.1% month-over-month. ING strategists Chris Turner and Francesco Pesole said a no-hike outcome from the Federal Reserve would support a friendlier cross-asset backdrop and could allow the dollar to soften into year-end, while a hotter CPI print would likely bring Treasury yields and the dollar back to the forefront of crypto trading. Beyond macro, the calendar includes the Aug. 14 deadline for second-quarter Form 13F filings by U.S. institutional investment managers, earnings from firms including Bitdeer, Bakkt, Securitize and Gemini Space Station, governance votes across Lido DAO, QuickSwap, Seamless DAO, Decentraland DAO, GnosisDAO and Lazy Summer DAO, plus several token unlocks. AI Financial Corporation also said roughly 6.9 billion WLFI tokens covered by original lock-up terms are expected to become fully transferable on Aug. 12.

Markets head into the new week with inflation data back at the center of the Federal Reserve debate after a sharp repricing in rate expectations. Over the past week, signs that shipping could resume through the Strait of Hormuz helped push oil prices sharply lower. At the same time, weaker-than-expected US July nonfarm payrolls and downward revisions to the prior two months drove the market-implied probability of a September Fed rate hike down from about 55% to 44%. That shift coincided with the biggest weekly gains for the three major US stock indexes since mid-April, while spot gold climbed above $4,370 an ounce. The coming week now turns on US inflation readings, with July CPI and core CPI due Wednesday, followed by PPI on Thursday and retail sales plus the University of Michigan consumer sentiment data on Friday. Investors are also tracking the final stretch of the semiconductor earnings season and AI-linked names. Upcoming reports from Applied Materials, Cisco and CoreWeave are among the releases in focus. BlockBeats said market participants will keep watching remarks from Fed officials ahead of Jackson Hole, as internal divisions at the central bank remain and Chair Warsh has stayed silent.

Roundhill Investments launched the Roundhill Neocloud ETF, trading under the ticker NCLD, on Aug. 6, 2026. The actively managed fund is listed on Nasdaq and carries a 0.65% expense ratio. Its focus is the so-called neocloud segment: companies that rent out GPU computing power and operate AI data center infrastructure. Current holdings show a highly concentrated portfolio. Nebius Group accounts for 30.83% and CoreWeave for 27.30%, putting the two names at more than 58% combined. The rest of the top positions include IREN, HUT 8, Terawulf, Applied Digital, Cipher Digital, Galaxy Digital, Core Scientific, and Cleanspark. Several of those companies are known for their roots in bitcoin mining before expanding into AI data center and compute services. According to Roundhill, AI compute demand is growing faster than supply can expand. The article contrasts neocloud providers with traditional cloud platforms such as AWS, Microsoft Azure, and Google Cloud, saying the newer firms are built more directly around GPU-as-a-Service for AI and high-performance computing workloads. It also cites Morgan Stanley’s estimate that global data-center-related capital spending could reach $2.9 trillion by 2028. The source notes that NCLD offers targeted exposure to this theme, but its concentrated holdings and relatively small fund size could bring higher volatility and liquidity risk than broader index ETFs.

Market data cited by BlockBeats showed that Situational Awareness, the fund tied to 25-year-old Wall Street AI stock picker Leopold, was reported on July 31 to have sold most of its holdings. The move came just before a sharp rally in names previously listed in its Q1 13-f filing. Those stocks all posted gains above 20%, according to BIT(bit.com) market data. CleanSpark rose 21.61%, Riot Platforms added 23.70%, and Applied Digital climbed 21.27%. Core Scientific was up 22.93%, IREN Ltd gained 28.83%, and CoreWeave advanced 24.53%. SanDisk rose 24.34%, while Bloom Energy jumped 27.05%. The report framed the move as Leopold exiting before the rally in the fund’s previously disclosed positions.

Liquid Capital founder Yili Hua said in a post on X that one of the most certain alpha opportunities in the compute sector often comes from extreme valuation gaps. He pointed to AGPU, a U.S.-listed company that has recently secured more than $1.6 billion in contracts and reached forward annual recurring revenue, or ARR, of $384 million, while its current market capitalization remains below $100 million. On that basis, AGPU is trading at roughly 0.2x P/ARR. Hua contrasted AGPU with CoreWeave (CRWV), which he said has a market value of about $50 billion, operates with a heavy-asset model, and is still loss-making. In his view, AGPU’s hybrid approach of “asset-light Access + dedicated Build” is more competitive. He also said AGPU’s contract scale rose from zero to $1.6 billion within a few months. Looking ahead, Hua said he will focus on the company’s new order growth, financial results, and financing approach. Management, according to his post, expects new orders this year to reach as much as $10 billion.

ARK Invest analyst Lorenzo said Hyperliquid has reached a new point in its market mix, with real-world asset trading on HIP-3 exceeding crypto-native volume for the first time in a single week. According to the figures cited in the post, RWA accounted for 54% of total platform volume, and 61% of that RWA activity came from single-stock products. The article argues this shift points to a broader change in Hyperliquid’s positioning, from a crypto perpetuals venue to a round-the-clock multi-asset derivatives platform spanning equities, indices, commodities and FX. The write-up also stresses that the RWA products in question are synthetic perpetual contracts rather than tokenized securities. Traders get price exposure, typically margined in USDC, but do not receive actual stock ownership, voting rights or legal claims on the underlying assets. It distinguishes that model from true securities tokenization and notes the two paths carry different infrastructure, legal and operational requirements. At the same time, the piece flags a math issue in the original comparison between Hyperliquid’s HIP-3 RWA volume and the rest of the DEX perpetuals market, and says the claim cannot be directly derived from the numbers presented. It further examines what the trend could mean for HYPE, USDC and Circle, while outlining the current HIP-3 market map, where activity is concentrated in stocks, commodities and indices, with much of the volume attributed to the trade[XYZ] deployment.

U.S. equities opened mixed on July 24, with the Dow Jones Industrial Average up 0.17%, the S&P 500 gaining 0.07%, and the Nasdaq slipping 0.12%, according to BlockBeats. BIT (bit.com) market data showed a split performance across major technology names. Oracle rose nearly 2%, while AMD and Microsoft each gained more than 1%. Apple added 0.9%. On the weaker side, Micron Technology fell 3%, SpaceX was down nearly 2%, Nvidia lost 0.26%, Broadcom dropped more than 1%, and SK Hynix ADR declined 3.85%. Pressure was also visible in storage-related stocks, where WDC fell 2.38%, STX lost 2.17%, and SNDK dropped 3.83%. Neocloud-related shares were broadly lower as well, with NBIS down 5.43% and both IREN and CRWV off more than 4%. The opening session pointed to a mixed start for U.S. equities, with AI-linked and infrastructure-related names showing uneven trading.

ARK Invest bought roughly $70 million to $72 million in crypto-linked equities between Feb. 2 and 3, 2026, adding positions in Robinhood, CoreWeave, Circle, Coinbase and its own Bitcoin ETF as prices fell.