Updated July 31, 2026
Independent · Owner-operatedSubscribe
NewsNovo
Front PageNewsSectionsAboutContactSubscribe
REGULATORYInteractive Brokers draws down nearly 2.5 million shares in same-day shelf moveCRYPTOTether books $1.5 billion in Q2 as Treasury yield offsets a softening stablecoin marketMARKETSApple (AAPL) nears $300 as guidance miss weighs on sharesEARNINGSMicrosoft's post-earnings surge ends the binary risk. Mike Khouw says the trade has not closed.REGULATORYDoorDash drawn into House probe over Chinese AI model useWORLDSpace Force triples rocket contract ceiling as Pentagon eyes $30 billion in launchesREGULATORYInteractive Brokers draws down nearly 2.5 million shares in same-day shelf moveCRYPTOTether books $1.5 billion in Q2 as Treasury yield offsets a softening stablecoin marketMARKETSApple (AAPL) nears $300 as guidance miss weighs on sharesEARNINGSMicrosoft's post-earnings surge ends the binary risk. Mike Khouw says the trade has not closed.REGULATORYDoorDash drawn into House probe over Chinese AI model useWORLDSpace Force triples rocket contract ceiling as Pentagon eyes $30 billion in launches
Front Page/News/Crypto
CryptoMay 29, 2026

Saylor Blames 'AI Summer' for Soft Bitcoin Demand, Bets on Year-End Rotation

Michael Saylor is offering a theory for why $BTC demand has softened: capital is chasing the artificial-intelligence boom instead, and he expects that dynamic to reverse before the year is out as excitement around…

ByDev Okafor
Read2 min
Tickers$BTC
Filed by NewsNovo
Share
Source

news.google.com

Disclosure

Editorial. NewsNovo is independent. Nothing in this article is investment advice; treat figures and quotations as starting points for your own research.

← Back to all news

More in Crypto

  1. 1CryptoTether books $1.5 billion in Q2 as Treasury yield offsets a softening stablecoin market
  2. 2CryptoBernstein holds $160 Robinhood target with tokenization and prediction markets as next catalysts
  3. 3CryptoCoinkite warns Coldcard Mk3 users as 594 BTC theft reports raise fund safety concerns
  4. 4CryptoA proposed Anti-Corruption Bureau would target Trump's crypto gains. Its board would be presidential appointments.
The Daily Novo

One email each morning

The three stories that matter and nothing that doesn’t. Free.

Subscribe free
Related coverage

Read next

All stories →
Crypto
01

South Korean crypto trading surges as stock market sells off

South Korean crypto exchanges recorded a spike in trading activity as the country's equity market fell across several sessions. The case for reading this as investors rotating out of stocks and into digital assets is…

Dev Okafor · 2 min read

Crypto
02

Luno cuts a fifth of its staff as crypto's July layoff wave claims at least 12 firms

Twenty percent of Luno's workforce has been cut, making the exchange the most visible name in a July restructuring wave that reached at least 12 crypto companies. Gnosis joined the round in

Dev Okafor · 2 min read

Crypto
03

Ark Invest trims Bitmine, Bullish and Block as crypto stocks pull back, adds $14.5 million SpaceX stake

Selling Bitmine, Bullish, and Block into a crypto equity dip looks like standard risk reduction. Cathie Wood's Ark Invest complicated that read by simultaneously buying 128,932 shares of Elon Musk's SpaceX, a position…

Mateo Fuentes · 2 min read

NewsNovo

An independent news magazine for readers who want the story, not the noise. Filed daily from a small newsroom that still answers the phone.

Get the morning brief in your inbox — one short email, five stories that mattered.

Updated July 31, 2026

Coverage

  • Latest stories
  • Markets
  • Crypto
  • Macro
  • News
  • Deals
  • RSS feed

About

  • About NewsNovo
  • Masthead
  • Ethics & standards
  • Contact the newsroom

Subscribe

  • Daily newsletter
  • Pitch a story
  • Tip the newsroom
  • Press inquiries

Legal

  • Privacy
  • Terms of use
  • Corrections policy

© 2026 NewsNovo. Independent journalism, set in motion.

Filed from the newsroom. All rights reserved.