Trump: AI Could Be Even More Important Than Oil

According to GMGN monitoring, Elon Musk today posted an AI-generated video of a giant raccoon with laser eyes, without directly naming any token. Crypto KOL Ansem replied "is that jimothy?", which drove Jimothy's attention and price rally. Solana ecosystem meme coin Jimothy has surged again, with its market cap once topping $18 million today, now standing at $15.4 million, up 257.3% in 24 hours and boasting a trading volume of $15.9 million. Jimothy is modeled after a real raccoon in Seattle, US, that has physical abnormalities due to a rare congenital condition. A local resident posted a video of it on July 14, which went viral with nearly 8 million views, spawning community creations including memes, murals and merchandise. BlockBeats reminds users that meme coins are highly volatile, primarily driven by market sentiment, community hype and narratives, and lack stable fundamental support, so investors should note the risks.

Berkshire Hathaway A (BRK.A.N) announced its Q2 2026 financial results, reporting revenue of $12.983 billion. Net profit reached $25.667 billion, a substantial increase from $12.37 billion in the year-ago period. The company’s 2026 investment income includes $10.9 billion in Q2 earnings. Earnings per share (EPS) for Q2 stood at $17,868. As of June 30, 2026, its insurance float totaled approximately $177.5 billion.

Per GMGN monitoring, Elon Musk today shared an AI-generated video of a giant laser-eyed raccoon, without naming any token. Crypto KOL Ansem then replied "is that jimothy?", sparking attention to Jimothy and its subsequent rally. Solana-based meme coin Jimothy has surged again, with its market capitalization briefly topping $18 million today, now trading at $15.4 million, up 257.3% in 24 hours, and boasting a trading volume of $15.9 million. Jimothy is modeled after a raccoon from Seattle, U.S., whose unusual physique stems from a rare congenital condition. Local residents posted a video of the animal on July 14, which went viral, racking up nearly 8 million views and spawning community creations including memes, murals, and merchandise. BlockBeats cautions users that meme coins are highly volatile, driven primarily by market sentiment, community hype, and narratives, with no stable fundamental support, so investors must be mindful of risks.

MicroStrategy founder Michael Saylor published a post noting that only 2.6% of miners have signaled support for BIP-110, meaning the proposal has failed to secure widespread backing. At block height 961,632, nodes will reject blocks that do not signal support for the proposal. As a result, BIP-110 is expected to stall or potentially fork into an irrelevant entity, while Bitcoin will continue operating normally, functioning as designed. BIP-110 is a temporary soft fork proposal that would add seven consensus limits over its approximately one-year validity period, including restrictions on the length of new script public keys, the size of certain push data and witness items, and disabling some Taproot extension paths. The proposal aims to drastically reduce arbitrary non-payment data embedded in transactions—such as inscriptions and runes—thereby lowering node burdens, curbing spam data, and refocusing Bitcoin on its core monetary purpose.

According to GMGN market data, the Robinhood chain meme coin STONKBROKER once hit a new all-time high with a market cap exceeding $80 million, and has since pulled back to $75 million. It has recorded a 24-hour gain of over 43% and a 24-hour trading volume of $5.7 million. STONKBROKER, a Robinhood ecosystem project, has recently rolled out several major updates, including a launchpad for incubating ecosystem projects and Broker Box — an FWA-like feature that enables stock tokenization and card-drawing mechanics. These updates have drawn attention from KOLs including Ansem and the community, driving the coin’s market cap to consecutive new highs. Separately, OpenSea data shows that the floor price of NFT project StonkBrokers has risen to 9.75 ETH, with a 24-hour increase of over 28.8% and cumulative trading volume reaching 1,763 ETH. The project has a fixed supply of 4,444 pixel-style "stock broker" PFP NFTs (ERC-721 standard). Each NFT is bound to an ERC-6551 token-bound wallet, which is preloaded with tokenized stocks (such as TSLA, AMZN, NVDA, AAPL, etc.) at minting and can continue to receive rewards. BlockBeats reminds users that relevant projects carry significant uncertainty and high price volatility, so investors should exercise caution.

Crypto analyst Lennaert Snyder said Bitcoin has failed to break through the $65,400 level on two separate tests, while the $62,300 level below has solid support, with the price consolidating between these two levels heading into the weekend. This week’s price action has been relatively slow, making short selling unadvisable for now; he plans to wait for an upward breakout above the current high and a subsequent rally before considering opening short positions. The longer-term target remains at $68,100, and once hit, it is expected to also break through the previous month’s high. Snyder added that he will wait for the above-mentioned price action to materialize before positioning for a larger pullback or swing trade. He has already closed part of his short positions to lock in profits and reduce risk exposure. Currently, the market has accumulated a large number of buy and sell orders between the two key levels, and is in a tense phase of choosing a direction, so he opts to wait for a breakout confirmation before taking action.