The Ethereum Foundation's bug bounty program has increased the maximum reward to $1 million

This brief focuses on institutional crypto allocation, U.S. manufacturing data, Dell earnings as a test of AI server demand, and Tesla’s autonomy-driven support for technology risk appetite. Since oil was already covered in yesterday’s brief, today’s report avoids repeating the crude-oil theme. NVIDIA, China technology shares, South Korean semiconductor exports and Broadcom’s market-highlight item have been removed, with Broadcom kept only in Today’s Preview.

This edition focuses on crypto fund flows, geopolitical risk, the AI supply chain and semiconductor capital expenditure. Bitcoin spot ETF flows turned negative, while oil prices moved back above $90 as U.S.-Iran tensions escalated. Marvell Technology beat earnings expectations, but the market remained concerned about the timing of large-order realization. SK Hynix is advancing its U.S. HBM advanced-packaging capacity, keeping the AI supply chain and energy risk premium at the center of market pricing.