Dr | Ghanizade Capital

Our Crypto Talk Can you tell which crypto project actually backs its token, just by looking at revenue? Revenue to buyback ration fixes that. > $ASTER : 99% > $HYPE : 98% > $GEOD : 80% > $JUP : 50% > $PUMP : 50% > $RAY : 12% Most of you know buybacks and burns. Almost nobody checks where the money for that buyback actually comes from, so let's fix that. Here's the concept in one line: the revenue-to-buyback ratio is the percentage of a project's real income that gets sent back to buy and burn its own token. Not volume or TVL, just the cut of actual revenue. Higher ratio means stronger commitment straight from the source. Simple as that. Now here's why you should actually care. Anyone can announce a buyback program. What separates a real one from a headline is the share of revenue actually backing it, because that's the part that keeps running whether the market is euphoric or dead quiet. But don't get ahead of yourself. None of these categories tell you the full picture on their own. A near total percentage means nothing if the revenue behind it stalls out. A minimal percentage can still outperform in raw dollars. The ratio is a starting filter, not a final verdict. So here's what we're watching before calling any tier the winning strategy: Whether the stated percentage actually executes on-chain, not just gets announced? Whether revenue itself is growing, not just the ratio? Whether burns stay net-deflationary or get offset by new issuance? Commitment on paper is easy but commitment on-chain, quarter after quarter, is the only one that counts. tweet

*Walter Bloomberg DETROIT WARNS TRADE REVAMP COULD COST BILLIONS Detroit automakers warn proposed changes to the North American trade deal could add at least $2B in annual costs per automaker. Washington wants vehicles to contain at least 50% U.S.-made content to qualify for lower tariffs. GM ($GM) already expects $2.5B–$3.5B in tariff costs this year, while Ford ($F) estimates a $1B hit. Automakers argue foreign rivals face lower tariff burdens. tweet

*Walter Bloomberg DETROIT AUTOMAKERS TO ARGUE TO WHITE HOUSE THAT REVISED NORTH AMERICAN TRADE DEAL COULD COST THEM BILLIONS, SOURCES SAY tweet

*Walter Bloomberg U.S. LOSES 25% OF REAPER DRONE FLEET The U.S. military has lost at least 45 MQ-9 Reaper drones during the Iran war—roughly 25% of its prewar fleet. The losses could exceed $1.3B, with some drones reportedly shot down and others crashing after communication failures. Heavy operations around the Strait of Hormuz have accelerated losses. The conflict is also straining broader U.S. weapons stockpiles, with the Pentagon seeking $67B to replenish its arsenal. tweet

*Walter Bloomberg U.S. SENDS FRESH AIRCRAFT CARRIER TO MIDDLE EAST The U.S. is preparing to deploy the USS George Washington to the Middle East, replacing the USS Abraham Lincoln in a previously scheduled rotation. The Lincoln has spent 250+ days deployed and a record 200 days without a port call after supporting U.S. operations against Iran. Lawmakers have raised concerns over reported supply shortages, exhaustion, plumbing problems and deteriorating mental health among sailors. tweet

*Walter Bloomberg U.S. SENDING FRESH AIRCRAFT CARRIER TO MIDDLE EAST AMID IRAN WAR STRAIN tweet

*Walter Bloomberg DIESEL CRACKS RISE ABOVE $98.00, AN ALL-TIME HIGH, AFTER REPORTS SAY YEMEN'S HOUTHIS ATTACKED ARAMCO REFINERY IN SAUDI ARABIA tweet

*Walter Bloomberg $AMD - AMD EYES $5 BILLION DEBT SALE FOR AI EXPANSION AMD plans to raise up to $5B through a four-part bond sale, potentially its largest ever. The chipmaker is ramping up spending as AI computing demand surges, following major agreements with Anthropic and Microsoft ($MSFT). AMD has also committed up to $5B to Anthropic. Proceeds will fund general corporate purposes, potentially including debt repayment, with $875M in bonds maturing next month. tweet

*Walter Bloomberg U.S. DEFENSE SECRETARY HEGSETH ON IRAN: U.S. CAN HOLD BLOCKADE AS LONG AS NEEDED tweet

*Walter Bloomberg MUSK TURNS TO NATURAL GAS TO POWER AI Elon Musk is increasingly embracing natural gas to meet SpaceX’s massive AI power needs. SpaceX plans a gas-fired power plant for its $16.8B Texas chip facility, while its Tennessee and Mississippi data centers already use dozens of gas turbines. Musk expects data-center capacity to reach 10–15 GW by 2027, potentially making SpaceX America’s largest operator. The strategy prioritizes rapid, off-grid power as AI electricity demand surges. tweet

*Walter Bloomberg 🇺🇸 TRADERS NO LONGER FULLY PRICE IN A FED RATE HIKE THIS YEAR Prediction markets now see a 70% chance the Fed holds rates steady in September, versus 29% odds of a 25bp hike. A 25bp cut is priced at just 2%. Markets are increasingly betting the Fed can remain on hold as inflation cools. https://t.co/3TXWilnZWT tweet

*Walter Bloomberg PCE INFLATION SEEN AT 3.6% IN JULY Oxford Economics expects the Fed’s preferred inflation gauge, headline PCE, to rise 3.6% year-over-year in July, easing slightly from 3.7% in June. The report is due later this month. With services inflation cooling and the labor market showing little sign of overheating, Oxford Economics expects the Fed to keep rates unchanged for the rest of 2026. tweet

*Walter Bloomberg S&P 500 HITS INTRADAY RECORD HIGH, LAST UP 0.6% tweet

*Walter Bloomberg HAMMACK: IF IT TAKES ANOTHER 3-4 YEARS TO GET TO 2% INFLATION, CAN THE PUBLIC WAIT? tweet

*Walter Bloomberg MANHATTAN URANIUM APPOINTS FORMER U.S. DEPUTY ASSISTANT SECRETARY OF DEFENSE DENNIS BARTOW AS STRATEGIC ADVISOR tweet

*Walter Bloomberg HAMMACK: PAYROLL DATA IS NOISY tweet

*Walter Bloomberg FED'S BARKIN: CURRENT LEVELS OF FEDERAL DEBT ARE AN INFLATIONARY "WIND" THAT THE FED HAS TO NAVIGATE AGAINST tweet

*Walter Bloomberg U.S. PRODUCER INFLATION COMES IN FLAT U.S. producer prices were unchanged in July, below expectations for a 0.2% increase, after falling 0.1% in June. Lower energy prices helped contain wholesale inflation. Combined with softer consumer inflation, the report may ease pressure on the Fed to adjust rates soon. Attention now turns to the PCE inflation report later in August, the Fed’s preferred measure for tracking progress toward its 2% target. tweet

*Walter Bloomberg BARKIN: FED RATE HIKES STILL ON THE TABLE Fed’s Barkin says it remains an open question whether rates must rise to bring inflation back to 2%. Inflation could ease as wage pressures moderate and tariff and oil shocks fade, though price pressures may remain embedded. Many Fed officials believe current rates are already restrictive enough. Meanwhile, consumer spending remains resilient, business investment is strong, and AI is helping firms experiment with reducing headcount. tweet

*Walter Bloomberg FED'S HAMMACK: REPEATS NEED TO RAISE RATES RIGHT NOW tweet