US stocks: Strong stocks that held up begin to catch down at the close, MSTR temporarily stabilizes

According to Bitget’s market data, South Korean stocks opened lower and climbed higher today, with Samsung Electronics rising over 5% intraday. Driven by this, the Southern 2x Leveraged Samsung ETF surged more than 9%.

It seems that Tom Lee(@fundstrat)'s #Bitmine bought another 13,000 $ETH($24.36M) from #BitGo 2 hours ago.

Luke Dashjr, chairman and CTO of OCEAN Mining Pool, announced he is taking a leave of absence from the pool to focus on developing Bitcoin and related open-source projects. He noted that Bitcoin is currently facing a serious attack, so he cannot truly rest. Dashjr also reiterated that there is only one Bitcoin blockchain, and explicitly stated he does not support any fork versions. Earlier reports said Wang Chun, co-founder of F2Pool, publicly criticized Dashjr after the BIP-110 fork failed, claiming he is "not only financially bankrupt but also has lost all personal credibility."

Crypto wallet company Exodus reported second-quarter revenue of $26.2 million, a 2% year-over-year increase, but posted a net loss of $18.6 million, compared with a net profit of $37.7 million in the year-ago period. General and administrative expenses rose 138% year-over-year to $44.7 million. The company noted that its quarterly results include partial contributions from its acquisitions of Monavate and Baanx; monthly active users (MAUs) at quarter-end fell to 1.4 million, a 6.7% sequential drop, while quarterly swap volume reached $1.1 billion, down 8.3% sequentially. (AP News)

Per official announcements and reports from outlets like The New York Times, Donald Trump’s Truth Social is selling high-speed data access for posts from key platform accounts to financial services firms via its newly launched Truth API. The API went live on August 1, with the company confirming it has signed over 10 client agreements and the service is already generating revenue. The exact time advantage the API holds over regular users has not been publicly disclosed; Trump Media & Technology Group (TMTG) only says it delivers posts in milliseconds, while Reuters notes the speed is significantly faster than standard push notifications. For high-frequency and algorithmic trading firms, even a time gap of several seconds can create a trading edge. A Truth Social representative said the Truth API is priced at roughly $60,000 to $100,000 per month. Based on more than 10 clients, the business could generate annual revenue of around $8 million to $13 million. By comparison, Trump Media’s Q2 total revenue was just $1.7 million, meaning the data interface could become a major new revenue stream if clients renew consistently. The core selling point of this service is speed: posts by Trump on Truth Social can impact individual stocks, sectors and even policy expectations for trading firms, so faster access to such content could translate into a trading advantage. Still, Truth Social is facing traffic headwinds. The Financial Times cited Similarweb data showing its mobile daily active users (DAUs) fell from ~436,000 in July 2025 to ~261,000 in July 2026. The traffic drop will crimp ad growth, but API revenue relies on a small number of high-paying clients, making its business model more aligned with financial data licensing. To date, Trump Media has not separately disclosed the Truth API’s actual revenue. The market will next watch whether the business can keep expanding its client base and deliver verifiable revenue contributions in future earnings reports.

StonkBrokers founder SimpleFarmer tweeted that Robinhood Chain-native decentralized exchange (DEX) UP has become its latest special project partner. The ve(3,3) engine will power The Stonk Exchange and Stonk Launcher. As part of the partnership, the team has acquired 3 million UP tokens and paired them with STONKBROKER tokens to provide liquidity. This position accounts for roughly 4% of the circulating supply and is permanently stored in the Safety Deposit Box, non-withdrawable. Voting rights will direct weekly token emissions to the launcher’s token pool and the STONKBROKER trading pair. In response to the news, GMGN data shows UP has surged over 420% in 24 hours, with its total market capitalization now standing at $235 million.