Ethereum Is 'the Big Daddy' but Raoul Pal's Biggest Bet Is Elsewhere
Raoul Pal calls Ethereum the smart contract leader but sees Sui as his highest-conviction growth bet for the agentic AI economy.
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U.S. stock futures were mixed on Monday, as the Dow Jones index slipped and the S&P 500 and Nasdaq 100 indices rose.
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Raoul Pal calls Ethereum the smart contract leader but sees Sui as his highest-conviction growth bet for the agentic AI economy.
The Dow fell more than 1% and gold swung nearly three points as the new Fed chair reiterated fight against inflation.
Crypto fell after the Clarity Act failed, but analyst Ray Salmond calls it a setback, not a derailment, as regulators may sustain adoption.
Strategy shares are falling Wednesday with other crypto-linked equities as Bitcoin slides after the Senate blocked the CLARITY Act.
Plug Power reduced its Q2 net loss to $190.1 million from $228.7 million year-over-year and significantly improved gross margin to -0.9% from -30.7%, driven by pricing gains, cost reductions, and operational efficiency. However, the company remains unprofitable with a net loss of $436.1 million for the first half of 2026. The company continues restructuring efforts to improve profitability and liquidity.
The Fed raised rates 25 basis points as 16 of 18 policymakers projected at least one more increase before year-end.