U.S. Conference Board Leading Economic Index MoM for May

$CALF is classic eg of small ETF in a small pond that got too big. It ended up being outsized owner of some rando small caps and so it had to change index rules to incl more stocks and weight caps. Nice look at ownership of these stocks bf and after change

#TopContentChallence# Ethereum retraces from $3,900 local top but declining exchange reserves signal more upside Ethereum is trading at $3,786, down about 3.7% from its local high of $3,933 recorded on July 28. The move marks a minor retracement after a sharp rally over the past 30 days, with the token still up 56%. While trading volume has dropped 12.2% over the last 24 hours to $26.1 billion, derivatives activity shows sustained market interest. CoinGlass data shows that Ethereum Ethereum eth 0.15% Ethereum futures volume jumped 28.33% to $111.23 billion, even as open interest dipped slightly by 1.45% to $57.5 billion. Rising volume alongside slightly lower open interest typically reflects short-term profit-taking or position rotation without major liquidation events. It suggests that traders are active but not overly leveraged. 1M ETH withdrawn from exchanges in one month In the last 30 days, more than 1 million ETH have been taken out of centralized exchanges, according to a July 28 X post by analyst Ali Martinez. A steep drop in exchange-held reserves usually indicates that investors are shifting assets into non-custodial wallets or cold storage. Frequently seen as an indication of long-term accumulation, this pattern lessens immediate sell-side pressure and may pave the way for future price increases. In addition, Ethereum spot exchange-traded funds are still a source of strong demand. According to SoSoValue data, July 28 saw $65.14 million in net inflows. Total inflows for July have now crossed $5.1 billion, showing continued interest from institutional investors. This may help stabilize market confidence even in the face of short-term volatility. Ethereum technical analysis Ethereum’s strong upward trend is supported by its position above all significant moving averages on the daily chart. Trend alignment over timeframes is confirmed by ETH trading above its 10-, 20-, 50-, and 200-day EMAs and SMAs. On the other hand, short-term oscillators show signs of fatigue. The relative strength index has reached overbought territory at 74.6 and the stochastic oscillator is getting close to 89, both of which point to a slowdown in the upward momentum. These readings suggest that ETH may experience a brief decline or a period of consolidation before attempting higher levels. The MACD is still bullish with a strong positive crossover, but other indicators, like the stochastic RSI, are flattening, indicating potential hesitancy. Ethereum is trading close to the upper Bollinger Band, which usually signals the start of a cooling-off period or a price reversion. If that happens, the $3,680–$3,700 range, which corresponds to the 10-day EMA, provides immediate support. A sustained decline below that might trigger a more significant correction toward $3,480, but either macro pressure or an ETF demand reversal would likely be necessary for such a move. On the upside, $4,000 would once again come into focus with a confirmed breakout above $3,960. The next leg of ETH’s move could aim for $4,200–$4,300 if volume picks back up and momentum stabilizes.

Bored Ape Founder's Depth Interview: We Have Huge Ambitions to Defeat Metaverse Giants On the evening of February 4 this year, 33-year-old Greg Solano and 35-year-old Wylie Aronow learned that BuzzFeed News would reveal their true identities, which they had been carefully hiding. Solano recalled: "We only received a 20-minute warning." They immediately called to discuss their next steps. Aronow said: "To be frank, we have very real security concerns." Bad actors might try to invade their accounts or even show up at their homes. Both of them said: "We don't know what is going to happen." They began removing personal information from the internet. Aronow disabled his Instagram, worried it might contain clues about his family's location, and then warned his family about what was about to happen to prevent them from becoming targets as well.

The True Advocate of Cypherpunk: A Decade Journey of Bitcoin's Staunch Supporters Jack Dorsey, as a long-time staunch supporter of Bitcoin and a tech entrepreneur, has been involved in cryptocurrency for over a decade. Even in situations where the investment outweighs the returns, he still maintains his passion for this field. Taking the Bitcoin Lightning Network as an example, Dorsey not only launched the LDK development kit but also actively promoted the integration of Lightning Network payment functions into social platforms. His attention to the Bitcoin ecosystem is all-encompassing, as fully reflected in his relaunch of Bitchat and plans to support Nostr networking features in the future. Although Dorsey is known as the founder of a social platform, his innovations in the fintech sector are equally remarkable. He has always been exploring more liberated forms of social interaction and decentralized network organizations.

Cultural Year Wheel Model: Revealing the Reversal of the AI Landscape between China and the US In the past few years, there has been an unexpected shift in the landscape of artificial intelligence development. The United States, once considered more open, has instead gained an advantage in closed-source AI; while China, traditionally seen as focused on control, is leading in the open-source AI field. This phenomenon has overturned many people's preconceived notions and sparked deeper reflection on the relationship between technological development and cultural attitudes. To explain this seemingly contradictory phenomenon, some scholars have proposed the "cultural and political annular model." This model suggests that a culture's attitude toward new things depends on the social atmosphere of the period in which it was formed, while its attitude toward existing things is mainly driven by inertia. Once these cultural attitudes are formed, they are difficult to change, much like the growth rings of a tree. Historically, the United States has indeed experienced waves of regulation, but the peak of this trend mainly occurred in the year 20.