Tesla’s bold promises of self-driving cars and robotaxis are colliding with disappointing sales, regulatory roadblocks, and growing investor doubt, as the company’s latest earnings report shows deepening cracks in Elon Musk’s futuristic vision. During the latest earnings call, CEO Elon Musk reiterated that Tesla’s cars will soon operate autonomously and even generate passive income for users overnight. He also mentioned that modest autonomoustaxi trials around Austin, Texas, are set to scale up, potentially reaching roughly half of American households by year‑end, “assuming we have regulatory approvals.” Nevertheless, the stock dipped by 8% on Thursday. Analysts pointed to mounting pressure from cost‑competitive Chinese manufacturers, according to CNBC . Moreover, fallout from Musk’s public stances have hurt Tesla’s reputation both at home and in Europe. In the second quarter, deliveries slid 16% from a year earlier, with particularly soft demand in European markets and California . Musk cautioned that the expiration of EV subsidies and looming Trump‑era tariffs could bring “a few rough quarters.” Shares rebounded 3.5% on Friday, but remain down about 22% this year, the weakest among the largest tech names, even as the Nasdaq notched a 1% gain that day and is up over 9% year‑to‑date at record highs. Wall Street divided on Tesla’s long-term bet Canaccord Genuity’s analysts maintained their buy recommendation, “love robotaxis. And robots,” while warning, “we need the P&L dynamics to turn.” They added that Tesla is well situated to capitalize on these ventures over the longer term. Jefferies labeled the update “a bit dull,” and Goldman Sachs noted the pilot taxi program is “still small” with limited technical disclosures. Tesla did not respond to requests for comment. Musk, who describes himself as “pathologically optimistic,” has historically energized investors with visions of driverless cars, humanoid robots and more affordable EVs. Yet after more than a decade of postponed autonomy milestones, some on Wall Street argue that Tesla is falling behind competitors like Waymo in the U.S. and Apollo Go in China. In its investor deck, Tesla described Q2 as the start of its shift “from leading the electric vehicle and renewable energy industries to also becoming a leader in AI, robotics and related services.” The company provided no updated guidance on revenue or profit for the remainder of the year. Practical obstacles have emerged for Tesla’s autonomoustaxi ambitions. According to Business Insider, employees were informed on Friday that the Bay Area service could launch as soon as this weekend. To date, Tesla hasn’t filed the required applications with California’s DMV or Public Utilities Commission. Regulators have confirmed that only chauffeur‑operated fleets are permitted under existing approvals, not fully driverless rides. Company leaders said they’re pursuing clearances in states like Nevada, Arizona, and Florida but offered no specifics on the regulatory criteria. Waymo grows with more testing and revenue growth In Austin, Tesla reports its robotaxis have logged roughly 7,000 miles on routes capped at 40 mph. The pilot uses about ten to twenty Model Y SUVs equipped with the latest self‑driving suite,with each trip monitored remotely while a safety driver remains ready to intervene if necessary. In comparison, Alphabet disclosed that its Waymo Driver has surpassed 100 miles of autonomous operation on public roads this year, testing in more than ten cities, including New York and Philadelphia. They’ve bundled ride revenue under the “Other Bets” segment, which recorded $373 million in the quarter. On Friday, he posted on X that he believes Tesla could someday be worth $20 trillion. He said its car and robot AI are a lot better than Google’s and outperform anyone else’s in real-world use. KEY Difference Wire helps crypto brands break through and dominate headlines fast
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The post El Salvador’s Bitcoin Strategy Faces Doubts Amid IMF Pressure and Mixed Signals appeared first on Coinpedia Fintech News El Salvador’s Bitcoin journey is facing fresh doubts. The government says it’s still buying BTC every day, but the IMF disagrees. This raises questions about how much Bitcoin is really helping and if the country’s original crypto vision is starting to fade. Locals Still Use BTC in Berlin In the mountain town of Berlin, El Salvador, locals are using Bitcoin daily, trading goods like coffee and benefiting from its rising price. El Salvador made Bitcoin legal tender in 2021, but under a 2024 IMF deal, its use became optional and limited for government use. Is Bitcoin Policy Helping The People? El Salvador’s Bitcoin strategy is facing new challenges, says Quentin Ehrenmann of NGO My First Bitcoin. He told Reuters that after the IMF deal, Bitcoin lost its legal tender status, and the government stopped pushing public education or adoption efforts. While the government keeps adding to its Bitcoin reserves, he argues that this benefits the state more than everyday people. For more than two years in a small district in the eastern part of El Salvador, Bitcoin enthusiasts have created a learning center and provided technical support to owners of about 200 businesses and entrepreneurs on using the cryptocurrency pic.twitter.com/S2bJ4YOYCf — Reuters (@Reuters) July 25, 2025 Government Says ‘We’re Still Buying’, IMF Disagrees The government holds over 6,249 BTC worth over $738M, but a 2024 survey showed 80% of Salvadorans feel Bitcoin has not improved their finances. El Salvador agreed not to buy more Bitcoin under its IMF deal, according to a recent report. This clashes with statements from the country’s own Bitcoin Office, which claims BTC is still being bought daily. The country’s Bitcoin Office confirmed on July 24 that it bought 8 more BTC worth about $948,000. This brings El Salvador’s total Bitcoin holdings worth over $740 million. However, a recent IMF statement claims that the country has not made any purchases. EL SALVADOR JUST BOUGHT MORE BITCOIN pic.twitter.com/H5rbVvrodH — The Bitcoin Office (@bitcoinofficesv) July 24, 2025 The IMF claims that the country has been moving coins between wallets, and not actually buying more BTC. These internal transfers, the IMF says, create the illusion of new purchases, even though the total Bitcoin held stays the same. They also pointed out that El Salvador’s national Bitcoin wallet system doesn’t always show accurate, real-time data, adding to the confusion. John Dennehy also called recent wallet activity “misleading,” saying it’s just internal movement dressed up as fresh buys. However, the government hasn’t replied to the IMF’s criticism, and is focused on its bigger Bitcoin goals. El Salvador has scaled back public Bitcoin efforts to meet IMF loan terms. This shift has sparked doubts about the future of El Salvador’s Bitcoin policy.While some data shows daily 1 BTC transfers to government-linked wallets, it’s unclear if these are official purchases. At the same time, experts note that the Bitcoin treasury strategy might be losing its edge, with fewer gains left for new buyers.
Ethereum sets new record in CME futures open interest
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BlackRock’s iShares Ethereum Trust has raced past a major mark. It now holds $10 billion in assets, just one year after launch. That pace makes it the fastest non‑Bitcoin ETF to hit that level and the third‑fastest ETF overall in US history. Ethereum Fund Hits 10 Billion AUM ETHA’s rapid popularity also may lead to more competition. Other issuers will be watching closely to see if staking approval gives ETHA a leg up on the competition. Lower cost fees or competing custodians may change their offerings to remain competitive. Investors will be comparing fee schedules, custodial arrangements, and staking opportunities as they place their Ether. LOOK OUT: $ETHA just hit $10b in one year flat, the 3rd fastest ETF to hit that mark in history after (you guessed it) two bitcoin ETFs $IBIT & $FBTC . Amazingly it went from $5b to $10b in just 10 days (ETF asset equiv of a God candle). Is in Top 5 in flows 1M, 1W. Sister Hazel! pic.twitter.com/Jrrb15BdHV — Eric Balchunas (@EricBalchunas) July 24, 2025 Ethereum ETFs are moving quickly. Latest data shows they drew nearly $5 billion in monthly inflows overall. On July 17 alone, Ethereum funds saw $602 million net injections. At the same time, Bitcoin ETFs brought in over $520 million. That shift hints at growing confidence in Ethereum’s role beyond simple currency use. Fastest Non‑Bitcoin ETF To Reach Milestone ETHA’s sponsor fee of 0.25% is low enough to attract big players. Based on reports, BlackRock set it up with Coinbase Prime as custodian after filing in November 2023. The US Securities and Exchange Commission approved spot Ethereum ETFs alongside seven other funds early in 2024. That green light opened the door for major institutional flows. Analysts point to Ethereum’s proof‑of‑stake system and its DeFi applications as key drivers. Staking locks up Ether and earns rewards, offering a potential yield that Bitcoin funds can’t match. BlackRock has applied to let ETHA stake its holdings. If approved, some of ETHA’s Ethereum will be locked up to generate staking income. That decision could come later this year after the SEC clarified that staking rewards count as income, not a security. Investors Turning To Crypto Products Ethereum’s rise also reflects a broader search for yield. With bond returns still low and stock markets volatile, some investors are turning to crypto products that offer returns beyond price gains. ETHA’s quick growth shows that institutional demand for crypto is no longer limited to Bitcoin. Based on reports, ETHA ranks first among spot Ethereum ETFs in both size and growth rate. BlackRock’s deep pockets and respected brand do not hurt either. A large brand like BlackRock has clout when it comes to working with highly regulated assets. With Ethereum now being seen as a broader-than-niche token, large asset managers see a chance to add crypto to mainstream portfolios. Featured image from Pexels, chart from TradingView
Over the last 83 days, Coinbase Global, Inc. saw a significant influx of bitcoin, taking in around $23 billion worth of coins. Blackrock, Tesla, Strategy—They’re All Stashing BTC at Coinbase The publicly traded company Coinbase (Nasdaq: COIN) not only operates an exchange but it also offers payment solutions, custodial services, and more to a wide
A bank employee is pleading guilty to stealing from the lender’s customers and lying to conceal her guilt, according to the US Attorney’s Office for the Eastern District of Virginia. The Eastern District says Truist Bank employee, Ahshah Dior Martin, stole $195,000 from at least 70 Truist Bank accounts. Martin started gathering banking information on her would-be victims in 2023 after improperly accessing the bank’s computer systems. “Then, she initiated fraudulent debits and withdrawals from these accounts for her own benefit. For instance, Martin repeatedly initiated payments from customer bank accounts to a child support payment processor, through which Martin paid herself.” The victims Martha stole from while working at Truist Bank were diverse and comprised of both individuals and entities, according to the Eastern District. They included “multiple churches, a children’s museum, an eye tissue bank non-profit organization, manufacturing and construction companies, a small business making customized holsters, and the North Carolina Wing of the Civil Air Patrol.” Truist Bank fired Martin in April of 2024 but she frustrated efforts by the eighth-largest US bank by total assets to retrieve the computer she had been issued at work. “To conceal her wrongdoing and prevent the return of her Truist laptop, Martin faked her own death. On April 17, 2024, in response to an email from Truist asking for the computer, Martin responded, “Sorry to inform you, she has passed away.”” The former Truist Bank employee spent the money she stole on “cosmetic products, clothing, travel expenses, dining, and at a hookah bar,” the Eastern District says. Martin faces up to three decades in prison. She will be sentenced in November. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bank Insider Drains $195,000 From Churches, Kids Museum and Customers, Fakes Own Death To Prevent Recovery of Incriminating Evidence: US Department of Justice appeared first on The Daily Hodl .
Bitcoin’s price has demonstrated resilience, climbing above $118,000 after weathering significant selling pressure from whale activity. This recovery has sparked discussions among market participants about the extent to which large holders and long-dormant wallets influence Bitcoin’s price movements. Contrary to widespread assumptions about whale dominance, recent insight from River , a Bitcoin-focused financial institution, shows that more than 67% of all BTC remains under individual ownership rather than institutional control. 67% of #bitcoin is still owned by individuals. Wall Street, governments, and corporations? Just 13.8%. pic.twitter.com/EjvlnR5aHF — TFTC (@TFTC21) July 24, 2025 Individual Ownership Powers Bitcoin as Indicator Flashes GREEN The distribution of Bitcoin ownership aligns with Satoshi Nakamoto’s original vision of decentralization , ensuring that ordinary people, rather than a concentrated group of institutions, maintain influence over the financial systems that affect their economic well-being. Bitcoin’s ability to maintain strength above $117,000 during the recent whale selling episode demonstrates such a belief. The cryptocurrency has now successfully closed above critical bullish territory, completing the CME gap fill at $115,000. $BTC just did what we are not expecting. Closed above key Bullish zones. CME gap at $115K was filled. High Leverage Rekt out. Institutions buying heavily their BAGS. This correction was very much needed for Bitcoin next higher high. The bulls are back again in beast mode.… pic.twitter.com/BAFFiDHc89 — Henry (@LordOfAlts) July 26, 2025 Market momentum is now in the bulls’ control, with Bitcoin’s price trajectory pointing toward a potential rally to $140,000 as the next significant milestone. Nevertheless, the inherent volatility of cryptocurrency markets demands careful risk management. The Index Bitcoin Cycle Indicators (IBCI) has entered the Distribution zone after five months, a range historically linked to market euphoria and potential peaks. Importantly, the index has only reached the lower boundary of this zone at the 80% level, remaining well below the 100% threshold that previously signaled major cycle tops. Source: CryptoQuant This suggests that Bitcoin’s targets of $140,000-$150,000 remain achievable, as aggressive profit-taking typically seen at cycle peaks has not yet materialized. Bitcoin Price Analysis: Elliott Wave Points to $131K From a technical perspective, Bitcoin’s (BTC/USD) daily chart reveals a developing Elliott Wave pattern, with the asset currently positioned in the early phases of Wave (V). The preceding waves (i) through (iv) have been completed according to established wave principles. Source: TradingView Currently, Bitcoin is consolidating just beneath the 9-day EMA at $118,016.64, which serves as immediate resistance. The emergence of a bull pennant or flag formation below this resistance level indicates potential for continued bullish momentum toward the projected Wave (V) target around $131,757. The RSI reading of 66.42 remains below overbought conditions, providing room for additional upward movement. This New Bitcoin Token Could 10X: $5M Raised While Bitcoin moves up and down between key price levels, a new project called Bitcoin Hyper is getting a lot of attention. This project is still in its early funding stage and has already raised over $5 million, showing that many investors believe in it. So what is Bitcoin Hyper? Think of it as an upgrade to regular Bitcoin. It’s built on what’s called a “Layer 2” system, basically a newer technology that sits on top of Bitcoin to make it work better. This is the first project of its kind, which is why so many people are interested in buying in early. Several crypto experts think the $HYPER token could go up 10 times in value from the current price. Right now, early investors can buy $HYPER tokens for $0.0124 each. The price will increase as the project progresses through various funding stages, so purchasing early may result in a better deal. The post Bitcoin Price Prediction: 67% of BTC Still in Individual Hands – What Does This Say About Price Potential? appeared first on Cryptonews .
Solana is slipping after weeks of gains, testing critical support near $174. While the daily structure remains technically bullish, many traders are now rotating into newer altcoins offering stronger upside — one of which is Remittix , the Ethereum-based token now trending across DeFi circles. Solana faces mounting pressure after July rally Solana’s bullish structure is under pressure after a strong July surge. If the price holds above $160 to $163, supported by the 50 and 100 EMAs, bulls may still reclaim momentum. However, the current retest of the 20-day EMA at $174.22 has become a critical inflection point. Failing to hold this level could expose SOL to deeper correction, potentially down to the 200-day EMA at $161.47. Latest on-chain activity adds caution to the charts. Solana saw net outflows of $16.55 million on July 25, a sign that traders may be locking in profits after testing the upper resistance band near $200. Historically, such outflows tend to signal short-term pullbacks. To re-enter bullish territory, SOL must bounce decisively from current levels. Otherwise, a break below $160 could invalidate the structure that’s held since June. Remittix rides high as Solana cools off While Solana’s rally takes a breather, smart investors are piling into Remittix (RTX) , an Ethereum-powered payment solution designed for DeFi, global remittances, and cross-border digital earnings. It has already raised over $17.2 million, with more than 567 million tokens sold and counting. The project’s upcoming Remittix Wallet beta, launching September 15, is one of the most anticipated releases in the altcoin space this quarter. The wallet will offer full crypto wallet functionality, helping online sellers and freelancers in countries with limited financial access to store and send digital assets easily. Remittix is quietly becoming the breakout crypto of 2025 : $0.0842 Price with over 567M tokens already sold $17.2M+ Raised , heading toward an $18M soft cap 50% Bonus available to early investors Q3 Wallet Beta Launch confirmed for September 15 Real-World Utility across digital gig work and cross-border payments Many now believe RTX could outperform larger caps like SOL in Q3, especially as retail and institutional sentiment shifts toward real-world use case tokens. The verdict: smart money eyes utility, not hype Solana remains a high-performance Layer 1 blockchain, but short-term volatility may cap further upside in the coming weeks. With net selling rising and key technical levels under threat, cautious bulls are hedging elsewhere. That’s where Remittix steps in — not just as a speculative play, but as a serious project offering meaningful DeFi utility at under $0.10. If you’re watching the crypto market for the next 100x crypto or a top crypto under $1, Remittix is the one turning heads. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway The post Solana prediction: SOL price expected to dip; investors turn to undervalued gem appeared first on Invezz