Tom Lee pauses his Ethereum buying to invest eighty-six million in his own firm as markets shift. New research reveals forty percent of AI spending delivers no value. China's Kimi reaches OpenAI performance levels while US infrastructure debates intensify. Robinhood enables stock-backed memecoins and Bitcoin miners pivot to AI computing with four billion in new contracts.

Tuesday, July 21, 2026 — 386 words / ~2.6 min

Today's Top Stories:

  1. Tom Lee Halts Ethereum Buying Spree to Buy $86M of His Own Stock
  2. Writer Proves 40% of Your AI Spending Is Pure Waste
  3. China's Kimi Matches OpenAI While America Bans AI Infrastructure
  4. Robinhood Chain Lets You Create Memecoins Backed by Apple Stock
  5. Hut 8 and IREN Score $4B in AI Contracts as Mining Pivots to Compute