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Korea exits AI, SEC delays crypto rules, Bitcoin holders access BlackRock ETF at lower cost.
Temasek Makes First Investment in South Korean Stocks With Samsung and SK Hynix Bets
Binance News - Citrini analyst Jukan said on X that Temasek, one of Asia's largest sovereign wealth funds, is making new investments in Samsung Electronics and SK Hynix. According to Odaily, this marks Temasek's first investment in the South Korean stock market. Temasek reportedly views memory semiconductors as the most undervalued segment in the AI value chain. A banking industry insider said Temasek takes a long-term approach and allocates large amounts of capital to leading industries. Samsung Electronics and SK Hynix have risen by as much as more than 880% from last year's lows, the insider said, adding that Temasek appears to believe they can ...
STOCKS | South Korean Stock ETFs Rise in Hong Kong Trading
Binance News - Hong Kong-listed South Korea-focused leveraged ETFs rose on the market. According to Odaily, Southern's up-to-2x long SK Hynix ETF gained 12.31% to HK$31.560, while Southern's up-to-2x long Samsung Electronics ETF rose 14.50% to HK$75.400.
Japanese Fund Managers Rush to Launch Products as Government Bond Yields Rise
Binance News - Japanese government bonds, after years of offering investors almost no return, are becoming attractive again, and domestic asset managers are racing to give retail investors access. According to Sina Finance, Mitsubishi UFJ Asset Management has joined Daiwa Asset Management and Amova Asset Management in selling investment trusts focused on super-long bonds. The funds each remain relatively small, with no more than 300 million yen in assets, but their emergence suggests Japan's bond market, long dominated by the Bank of Japan, is becoming active again. Takayuki Yagi of Mitsubishi UFJ said that holding Japanese government bonds had until recently meant losing money, ...
TSMC Approves $29.4 Billion Capital Budget, Sony Sensor Joint Venture
Binance News - TSMC approved a capital budget of about $29.4 billion on August 11 to expand advanced process and advanced packaging capacity, citing strong demand from AI and high-performance computing. According to ChainCatcher, this follows a $31.3 billion budget approved in May, bringing total approved capital spending for the year to $60.7 billion. TSMC Chairman C.C. Wei previously said in a July earnings call that the company plans to build 13 advanced wafer and packaging fabs in Taiwan in coming years, while its total investment in Arizona has risen to $265 billion. The board also approved a joint venture with Sony Semiconductor Solutions, with ...
South Korean Exchange Raises Minimum Trading Units for Single-Stock Leveraged ETFs and ETNs
Binance News - South Korea’s exchange has drafted revisions to its securities market business rules that would raise the minimum trading unit for single-stock leveraged ETFs from 1 share to 20 shares and for ETNs from 1 security to 20 securities. According to Odaily, the proposal is now open for market feedback. The South Korean financial regulator had originally planned to introduce the measure in November, but the exchange is pushing for implementation as early as next month. It also plans to strengthen investor protection measures, requiring new retail investors to complete at least five trading days of simulated trading, for one hour per day and five hours in total, before trading ...
CEX Spot and Derivatives Trading Volume Falls to $3.76 Trillion in July
Binance News - Centralized exchange spot and derivatives trading volume fell to $3.76 trillion in July, down 23.9% from the previous month and the lowest since November 2023. According to Odaily, CEX spot volume dropped to $727 billion, while derivatives volume fell to $3.03 trillion. Derivatives accounted for 80.6% of total market volume, the highest level since September 2023. DEX spot market share rose to 19.5%, a record high, while futures market share increased to 14.9%, the highest since February. Uniswap led DEX spot trading with $53.4 billion, followed by PancakeSwap with $18.5 billion.
PRECIOUS METALS | Spot Silver Rises More Than 1% to $65.32 an Ounce
Binance News - According to Jin10, spot silver rose more than 1.00% intraday to $65.32 an ounce.
Japan's Cabinet May Be Reshuffled in Mid-September or Later
Binance News - According to Sina Finance, people familiar with the matter said Japanese Prime Minister Sanae Takaichi's cabinet may be reshuffled in mid-September or later. The reshuffle is expected to leave key posts such as the chief cabinet secretary, finance minister, and minister of economy, trade and industry unchanged.
Binance to Adjust Tick Sizes for Selected Spot Trading Pairs
Binance News - According to the announcement from Binance, the exchange will complete adjustments to the tick size, or minimum change in unit price, of certain spot trading pairs by 2026-08-20 05:00 (UTC) in an effort to increase market liquidity and improve the trading experience. The update will not affect spot trading or other related functions, and existing spot orders will remain unchanged. Orders placed before the adjustment will continue to match with the original tick size after the update. Binance also said that tick size via API will change, and API users may use GET /api/v3/exchangeInfo for the latest tick size. The exchange added that users should adjust their trading bots accordingly to avoid unnecessary impact on trading. The revised tick sizes apply to multiple ...
Geoff Yu's Curry Katsu Index Shows the Yen Is Severely Undervalued
Binance News - New York Mellon senior strategist Geoff Yu used the price of a Japanese fast-food staple to gauge the yen's weakness more precisely. According to Sina Finance, he created the Curry Katsu Index as an alternative to The Economist's Big Mac Index, saying that comparing the international price of curry katsu rice better reflects how yen depreciation feels for people in Japan than a burger does. On Wednesday morning in global foreign exchange trading, $1 was worth about 159.23 yen, but Yu's calculation put the fair value at 62.18 yen after accounting for the yen's purchasing power reflected in curry meal prices. By comparison, the Big Mac Index based on McDonald's burger prices suggested $1 ...
STOCKS | Nvidia Brings Wall Street Giants Together to Back AI Infrastructure
Binance News - Nvidia is getting help from six Wall Street financial giants as investor anxiety has grown over its expanding backstop commitments tied to the AI boom. According to Sina Finance, CEO Jensen Huang said on Monday that a consortium led by BlackRock and Goldman Sachs is arranging more than $500 billion to support AI infrastructure, while Nvidia’s contribution will be limited and only involved in some transactions. The moves helped ease credit market concerns, with Nvidia’s debt default protection costs falling on Tuesday and its corporate bonds rising. According to Sina Finance, GW&K Investment Management portfolio manager Brett Kozlowski said ...
STOCKS | JPMorgan Raises Straits Times Index Target to 6,500
Binance News - JPMorgan raised its target for the Straits Times Index to 6,500 points and lifted its bull and bear case targets to 7,000 and 5,000 points, respectively. According to Sina Finance, analysts said the “just right” economic environment should support earnings growth and give authorities greater fiscal flexibility. They added that although valuations have moved above average, they believe the level can be sustained as the Straits Times Index is repriced toward other developed markets, supported by high yields and currency stability.
Nvidia Announces Independent Financing Platform With Apollo, BlackRock, and Others
Binance News - Nvidia said it has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to establish an independent financing platform. According to ChainCatcher, the platform is intended to mobilize more than $500 billion in third-party capital over the long term to support AI infrastructure construction.
Asiana Shareholders Approve Korean Air Merger
Binance News - According to Yonhap, Asiana Airlines shareholders approved the carrier's merger with larger rival Korean Air, ending nearly six years of Korean Air's acquisition process. The approval came at an extraordinary shareholders' meeting, where an overwhelming majority backed the deal, according to a company spokesperson. Korean Air announced plans in November 2020 to buy Asiana in a 1.8 trillion won ($1.6 billion) transaction that would create the world's 10th-largest airline by fleet size. Asiana CEO Song Bo-young said the merger would be the first step toward a new chapter in South Korea's aviation industry, and added that the ...
STOCKS | Hong Kong Optical Communication Shares Surge, Zhongji Innolight Rises Nearly 5%
Binance News - According to Jin10, Hong Kong optical communication shares jumped, with Xuanzhi Technology (01879.HK) rising more than 9%, Zhongji Innolight (03308.HK) gaining nearly 5%, and Yangtze Optical Fibre and Cable (06869.HK) and Haiguang Xinzhen (01191.HK) also advancing.
Trump Confirms Secret Plane Swap After Security Threats
Binance News - According to Jin10, U.S. President Donald Trump confirmed that he secretly switched planes when leaving Turkey last month after receiving security threats. He said the Secret Service and the military asked him to take another flight and another plane, and he complied.
STOCKS | Analyst Says U.S. Stocks Are Entering a Historically Strong Window
Binance News - As this AI-driven bull market approaches its fourth anniversary, some investors are worried the rally may be running out of steam. According to Sina Finance, technical strategist Jay Kaeppel of SentimenTrader said a historical 18-month strong period for stocks may be only beginning. Kaeppel found a seven-year cycle, with the next favorable period set to begin on October 30. In a note to clients, he said that looking back over the past 106 years, such periods have often delivered unusually strong returns for stocks. He also wrote that the probability of a bull market rises after October 30 this year. ...
ASIA MARKET OPEN | Seoul's KOSPI Jumps 2.5% at Open While Hong Kong Slides; Tokyo Flat, TAIEX Firms
Binance News - According to RTHK, Reuters and the Hong Kong Economic Times, Asian equities opened mixed on Wednesday as Wall Street's overnight decline and caution ahead of U.S. inflation data set the tone; the dollar index hovered near 100 and gold pushed toward record highs.Tokyo's Nikkei 225 opened little changed, trading around 66,911.93, down 58.29 points or 0.09%, as the market steadied after the prior holiday. A Reuters poll showed Japanese manufacturers' business mood improving on the semiconductor boom.Seoul's KOSPI led regional gains, opening sharply higher at about 6,503.55, up 158.02 points or 2.49%, extending its recent advance. The rally came despite reports that the Bank of Korea may raise interest rates further.Hong Kong stocks opened lower, with the Hang Seng Index ...
Korea Sheds $6.2 Billion in August as Asia Rotates Away From AI
BeInCrypto - Korea lost $6.2 billion to foreign selling in August as capital rotates to Taiwan, India and other Asian markets. The post Korea Sheds $6.2 Billion in August as Asia Rotates Away From AI appeared first on BeInCrypto.
STOCKS | Hong Kong Aluminum Stocks Strengthen in Early Trading
Binance News - According to Jin10, Hong Kong aluminum stocks strengthened in early trading, with Innovative Industrial (02788.HK) rising more than 6%, Aluminum Corporation of China (02600.HK) rising more than 4%, and China Hongqiao (01378.HK) and Nanshan Aluminum International (02610.HK) also advancing.
SK hynix Workers Move To Form Integrated Majority Union
Binance News - According to Yonhap, unionized workers at SK hynix Inc. are close to launching an integrated labor union aimed at bringing more than half of the chipmaker's employees into a majority union. A preparatory task force plans to file for the union's establishment and launch it as early as Wednesday, with the goal of recruiting about 18,000 of SK hynix's roughly 35,000 employees. Three separate unions currently negotiate with management independently. The task force said its top priority is to unite employees across job categories and regions and create a union where all members have equal voting rights and decide issues directly, rather than through delegates. It also cited performance-based compensation as a key issue and is considering an alliance with the largest ...
SEC Plans Crypto Rules as CLARITY Act Sits Stuck in Senate
TheCurrencyAnalytics - The SEC is moving. Quietly, but moving. The commission put crypto asset investment contracts on its Friday agenda, pushing forward… Read the original on SEC Plans Crypto Rules as CLARITY Act Sits Stuck in Senate. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Tencent Music Falls 11.41% After Q2 Revenue Rises 5.8%
Binance News - Hong Kong stocks opened lower, with the Hang Seng Index down 0.6% and the Hang Seng Tech Index down 0.8%. According to ChainCatcher, Tencent Music shares fell 11.41% after the company reported second-quarter total revenue of 8.93 billion yuan, up 5.8% year over year, and said it increased its buyback program to $400 million.
Accel Raises $3.5 Billion Across Four New Early-Stage Funds
Binance News - Global venture capital firm Accel has raised $3.5 billion in new funds to support early-stage investments worldwide. According to ChainCatcher, the capital was split across four funds: a $1.35 billion global expansion fund for larger early-stage rounds and follow-on investments, $800 million for its U.S. fund, $800 million for its Europe and Israel fund, and $550 million for its India fund. Accel partner Harry Nelis said companies are raising more money earlier in their lives and at a faster pace than before, creating opportunities for investors while risk remains significant. Accel has previously invested in AI companies ...
Accel Raises $3.5 Billion Across Four Funds for Early-Stage Investing
Binance News - Global venture capital firm Accel said it has raised $3.5 billion in new funds for early-stage investments worldwide. According to Odaily, the fundraising includes four funds: a $1.35 billion global expansion fund for larger early-stage rounds and follow-on investments, $800 million each for U.S. and Europe and Israel funds, and a $550 million India fund. Accel partner Harry Nelis said companies are raising more money earlier than before, creating opportunities for investors while risks remain. Accel has invested in AI companies including Anthropic, Cursor and Perplexity.
Lighter Team Wallet Transfers 1.87 Million LIT to New Wallet
Binance News - Onchain Lens reported that a Lighter team wallet transferred 1.87 million LIT to a new wallet. According to Odaily, the tokens were worth about $4.57 million.
Lighter Team Wallet Transfers 1.87 Million LIT to New Wallet
Binance News - A Lighter team wallet transferred 1.87 million LIT to a new wallet, according to Onchain Lens monitoring. According to Foresight News, the tokens were valued at about $4.57 million.
Riot’s Anthropic Deal Lifts Bitcoin Miner Stocks, But It’s Bad News For BTC
BeInCrypto - Riot's Anthropic lease lifted miner stocks, but the sell-down funding it hints at a new source of Bitcoin sell pressure. The post Riot’s Anthropic Deal Lifts Bitcoin Miner Stocks, But It’s Bad News For BTC appeared first on BeInCrypto.
Lee Jae Myung To Attend Meeting On South Korea's Future Industries
Binance News - According to Yonhap, President Lee Jae Myung is set to attend a Wednesday meeting at Cheong Wa Dae to explore ways to develop advanced future industries, including small modular reactors (SMRs), nuclear fusion and aerospace, that he says will be key economic drivers and help South Korea's artificial intelligence (AI) transition. Around 60 government officials, researchers and other experts are expected to discuss ways to foster seven future industries as new growth engines, according to the presidential office. The office said the seven areas are SMRs, nuclear fusion, renewable energy, quantum technology, aerospace, advanced biology and supply chains for advanced materials and components. The meeting will also address talent development in science and engineering and ...
New Zealand Prime Minister Luxon Wins National Party Confidence Vote
Binance News - New Zealand Prime Minister Luxon said the governing National Party backed him to remain party leader in a confidence vote. According to Sina Finance, Luxon announced the result on Wednesday after attending a National Party lawmakers' meeting in Wellington. This was the second time in four months that Luxon had won the support of the parliamentary caucus. Four months earlier, he had initiated and won a confidence vote himself, but it did not quiet continued questions about whether he was suited to serve as prime minister.
Rain Acquires Ansa to Expand Branded Stored-Value Payments
Binance News - Stablecoin card issuance and payments platform Rain has acquired branded stored-value and closed-loop payments platform Ansa. According to ChainCatcher, Ansa's team will join Rain, and Ansa founder and CEO Sophia Goldberg will become Rain's head of payments. Ansa provides merchants with branded prepaid wallets and incentive tools, allowing stored-value balances to be used through Mastercard rails at existing point-of-sale terminals. Rain said it plans to combine its Visa and Mastercard issuance capabilities to extend stored-value balances to more merchant scenarios and integrate them with wallet, rewards, and stablecoin features. Ansa had ...
10x Research Says Bitcoin May Decouple From the S&P 500 as September Rate Cut Bets Build
Binance News - 10x Research said Bitcoin may be breaking away from its correlation with the S&P 500, and that it could benefit alongside gold if the Federal Reserve cuts rates in September due to weakening summer employment. According to ChainCatcher, the firm said bond traders briefly priced in a September rate hike after the July FOMC meeting in 2026, with markets implying two hikes before year-end, but it does not expect the four July voters who leaned toward holding rates to suddenly shift to a higher bar for tightening within six weeks. The firm said seasonality is more important, noting that the labor market has historically weakened during the summer. It said similar softening helped drive ...
U.S. EIA Expects Ongoing Disruption of About 600,000 Barrels a Day of Middle East Crude Output Until End-2027
Binance News - According to Jin10, the U.S. Energy Information Administration expects the ongoing disruption of about 600,000 barrels a day of Middle East crude output to continue until the end of 2027.
U.S. President Donald Trump Says He Does Not Trust Iran
Binance News - According to Jin10, U.S. President Donald Trump said he does not trust Iran.
JD.com Sets Up South Korea Entity to Buy Korean Consumer Goods for China Sales
Binance News - According to Yonhap, Chinese e-commerce giant JD.com has established a business entity in South Korea to directly purchase Korean consumer goods for sale in China, according to South Korea's Ministry of Trade, Industry and Resources. The ministry said it, the Korea Trade-Investment Promotion Agency (KOTRA) and JD.com jointly briefed about 200 Korean consumer goods companies on the firm's business model, and some companies later signed deals worth a combined US$1.5 million to ship products through JD.com's business-to-consumer platform in China. A JD.com official said the company plans to expand direct purchases of Korean consumer goods as demand for K-beauty and K-food is expected to keep rising on the back of the global popularity of Korean culture. The ministry said South Korea will ...
Four Wallets Open $340 Million Bitcoin Short Positions Near $64,000
Binance News - Four wallets have opened Bitcoin short positions near $64,000 over the past few days, according to on-chain analyst Ember. According to Odaily, one wallet shorted 1,792 Bitcoin at an opening price of $63,999, another shorted 1,576 Bitcoin at $64,038, a third shorted 1,200 Bitcoin at $64,418, and a fourth shorted 806 Bitcoin at $64,398.
AI TRENDS | SpaceXAI Launches Grok Bot as a Multi-Agent Digital Assistant
Binance News - SpaceXAI has launched Grok Bot, a multi-agent artificial intelligence system positioned as a digital coworker. According to Foresight News, it can log in independently across apps and websites and carry out routine tasks. The system also supports multi-agent teamwork and autonomous task allocation. Grok Bot is currently in testing and is available to SuperGrok Heavy, Cursor Ultra, and Cursor Teams Premium subscribers on desktop and iOS.
Stocks Are at Record Highs — but This Week's Two Big Data Points Could Set the Tone for What's Next
Binance News - Investors are heading into one of the most closely watched data weeks of the summer. The U.S. Consumer Price Index (CPI) lands Wednesday (Aug. 12), with the Producer Price Index (PPI) following on Thursday. Don't underestimate these two reports — their ripple effects on rate expectations, Treasury yields, and equities could be bigger than many expect.Here's the tension: markets are being pulled between two competing narratives. On one side, a solid labor market, resilient corporate earnings, and an economy that keeps holding up. On the other, sticky price pressures and a Fed that's growing more divided. Which side wins out? Inflation remains the key wildcard that could shift the Fed's path.And keep in mind — once these numbers drop, they could quickly reshape how the ...
Xiaomi Auto: SU7 Sales Reached 21,044 Units in July 2026
Binance News - According to Jin10, Xiaomi Auto said Xiaomi SU7 sales reached 21,044 units in July 2026, keeping the model in first place among sedans priced above 200,000 yuan for a fourth consecutive month.
U.S. President Donald Trump: Iran Situation Is Good, We Control the Strait of Hormuz
Binance News - According to Jin10, U.S. President Donald Trump said the Iran situation is good and that the United States controls the Strait of Hormuz.
STOCKS | Morgan Stanley Raises LG Electronics to Overweight, Lifts Price Target Sharply
Binance News - Morgan Stanley upgraded LG Electronics from Hold to Overweight and raised its price target from 95,000 won to 260,000 won. According to Sina Finance, the firm said LG Electronics and its subsidiary LG Innotek have standout advantages in the next phase of the AI rally, while LG Electronics shares rose 8.6% and LG Innotek gained as much as 7.1%. Morgan Stanley also upgraded LG Innotek from Hold to Overweight and raised its price target from 265,000 won to 640,000 won. The analysts said the beneficiaries of the next phase of the AI rally will expand from semiconductors into smart hardware, and that both companies are well positioned in that area. ...
STOCKS | Nvidia Leads U.S. Market Trading as Top 10 Stocks Account for 16.4% of Notional Volume
Binance News - The Kobeissi Letter said a small group of stocks is dominating U.S. market trading. Nvidia is the most actively traded U.S. stock, accounting for 3.0% of total market notional volume year to date, followed by Micron at 2.8%, Tesla at 2.1%, and SanDisk at 1.5%. According to Odaily, the 10 most actively traded stocks have averaged 16.4% of total market notional volume year to date. The post also said some of these stocks have weaker liquidity than the average S&P 500 constituent. SanDisk’s average bid-ask spread was 12.4 basis points, more than double the S&P 500 average of 5.9 basis points. Tesla, Microsoft, and Alphabet also had smaller average order sizes at the best bid and offer than ...
Elon Musk’s SpaceXAI Launches Early Test Version of Grok Bot
Binance News - Elon Musk’s SpaceXAI has launched an early test version of Grok Bot. According to Odaily, Musk said the test will be expanded after some basic issues in the early version are resolved, and Grok 4.6 will be released later this week.
STOCKS | Seek Plans Capital Return After Fund Asset Sale
Binance News - Australia's job platform Seek plans to return capital to shareholders after the growth fund in which it holds a majority stake sold assets worth more than $700 million. According to Sina Finance, Seek said on Wednesday that management of the growth fund, in which it holds nearly an 84% stake, intends to sell assets worth more than A$1 billion, equivalent to $706.2 million. The company expects the plans to be finalized by the end of December. Ian Narev said in an interview that although the fund will reinvest in new opportunities, Seek, which is listed on the Australian Securities Exchange (ASX), plans to return part of the proceeds to shareholders. ...
SEC, CFTC Forge Their Own Crypto Paths as CLARITY Act Stalls Out
Bitcoin.com - As far as digital asset regulation is concerned, the U.S. Securities and Exchange Commission (SEC) is not waiting around for Congress. The agency has scheduled an open meeting for Friday, Aug. 14, to weigh a proposal that could make it easier for crypto companies to raise money without enduring full securities registration. According to a […]
Korea Customs Service, India Agree to Boost Customs Cooperation
Binance News - According to Yonhap, the Korea Customs Service said it has reached an agreement with India's Central Board of Indirect Taxes and Customs to strengthen customs cooperation and make trade flow more smoothly between the two countries. The KCS said it met with Indian customs officials in New Delhi on Tuesday and asked the Indian government to support smoother customs clearance for South Korean businesses. During the meeting, the agency raised cases of South Korean firms in India facing customs-related difficulties, and the two sides discussed bilateral cooperation, including training programs. Han Min, director general for international affairs at the KCS, said in a release that the two countries plan to deepen cooperation to address hurdles facing South Korean companies seeking ...
AI TRENDS | OpenAI Launches Linux ChatGPT App in Preview
Binance News - OpenAI on Tuesday announced a ChatGPT app for Linux, now available in preview. According to Odaily, the app supports ChatGPT, ChatGPT Work, and Codex, and initially works on Ubuntu 24.04 and 26.04 LTS, Debian 13, and Fedora 43 and 44. OpenAI said Linux has been one of the most requested desktop application platforms, and that ChatGPT and Codex now cover major desktop operating systems.
Michael Burry Adds To Short Positions In Nvidia, Palantir, Oracle, Caterpillar, And SOXX
Binance News - Michael Burry disclosed an updated position adjustment that increased short bets on Nvidia, Palantir, Oracle, Caterpillar, and the semiconductor ETF SOXX, while adding to a long position in Molina Healthcare. According to Odaily, his Tesla short position remained unchanged. The reported prices were about $175 for Palantir, $145 for Oracle, $844 for Caterpillar, $533 for SOXX, and $198 for Molina Healthcare.
Polymarket Pittsburgh Pirates Option Falls 30% in One Hour
Binance News - Catcher Predict monitored a sharp move in the Polymarket event for Pittsburgh Pirates vs. Miami Marlins, where the Pittsburgh Pirates option dropped from 48.5% an hour ago to 18.5% at the time of reporting. According to ChainCatcher, the swing reached 30 percentage points, and the article said the move may reflect the impact of related breaking news.
STOCKS | South Korea Plans New Sovereign Wealth Fund for AI and Robotics
Binance News - South Korea plans to deploy 1 trillion won, or $707 million, in new money next year to a new sovereign wealth fund targeting AI and other strategic industries. According to Sina Finance, Vice Minister for Innovation and Growth Min Kyung-seol said on Tuesday that the investment amount next year could range from 600 billion won to more than 1 trillion won. Min said the final amount could exceed the initial estimate, depending on which targets are selected and their funding needs. He also said there are no plans for the fund to invest directly in Samsung Electronics and SK Hynix. ...
US Expects Iran War Oil Supply Disruptions to Last Until End-2027
Binance News - According to Sina Finance, the United States now expects the roughly 600,000 barrels a day of oil supply disrupted by the U.S.-Iran war to continue until the end of next year, as the conflict keeps obstructing transport through the Strait of Hormuz. The U.S. Energy Information Administration's Short-Term Energy Outlook estimated that 4.9 million barrels a day passed through the Strait of Hormuz in the second quarter this year, compared with 21.6 million barrels a day in the fourth quarter of 2025, before the United States and Israel attacked Iran. ...
AI TRENDS | AWS Opens OpenAI's Daybreak Red and Daybreak Blue to Eligible Amazon Bedrock Customers
Binance News - According to Jin10, AWS said OpenAI's Daybreak Red and Daybreak Blue are now available to eligible customers on Amazon Bedrock.
U.S. Judge Blocks Postal Service From Enforcing Trump Order on Mail Ballots
Binance News - A federal judge on the 11th ordered the U.S. Postal Service to stop restricting mail-in voting under U.S. President Donald Trump's executive order. According to Sina Finance, Trump issued the order on March 31, directing the Department of Homeland Security and the Social Security Administration to compile state-by-state lists of citizens eligible to vote and barring the Postal Service from handling ballots sent by voters not on the list. Democratic-led states and Washington, D.C., later sued the order as unconstitutional. According to Sina Finance, a federal judge in the Boston area blocked the order on June 25, and the U.S. First Circuit Court of Appeals upheld ...
STOCKS | Nikkei 225 Opens Up 17.26 Points on August 12
Binance News - According to Jin10, the Nikkei 225 index opened up 17.26 points, or 0.03%, at 66,987.48 on Wednesday, August 12.
AFTERMARKET MOVES | Super Micro Computer Jumps 8% on Upbeat Guidance; CoreWeave Gains 14%
Binance News - According to CNBC, several stocks made notable moves in after-hours trading. Super Micro Computer rallied more than 8% after the data center infrastructure company issued upbeat guidance for first-quarter earnings and revenue and exceeded fourth-quarter estimates. It expects adjusted earnings of $1.01 to $1.10 per share, above the LSEG consensus of 76 cents, with revenue guidance of $14.5 billion to $15.5 billion topping the anticipated $11.68 billion. CoreWeave gained 14% after the artificial intelligence cloud company posted second-quarter adjusted operating income margin of 5%, versus the StreetAccount consensus of 2.7%; revenue of $2.58 billion rose 112% from a year earlier and beat the $2.56 billion LSEG estimate. Lumentum Holdings edged marginally lower despite posting ...
Japanese 5-Year Government Bond Yield Rises to Record High
Binance News - According to Jin10, Japan's 5-year government bond yield rose 1.5 basis points to 2.100%, a record high.
Bitcoin Holders Get 96% Cheaper Entry Into BlackRock’s ETF Without Selling
BeInCrypto - BlackRock's Bitcoin ETF now accepts in-kind BTC conversions from $1 million, opening a tax-deferred path for large holders. The post Bitcoin Holders Get 96% Cheaper Entry Into BlackRock’s ETF Without Selling appeared first on BeInCrypto.
Polymarket Cubs Option Falls 23% In Chicago Cubs vs. Washington Nationals Market
Binance News - The Chicago Cubs option in Polymarket’s Chicago Cubs vs. Washington Nationals market dropped sharply from 62.5% an hour ago to 39.5%, a 23-point move. According to ChainCatcher, the swing was monitored by Catcher Predict, which attributed the change to the impact of breaking news.
STOCKS | Kalshi Annualized Revenue Tops $4 Billion as World Cup Bets Drive Growth
Binance News - According to Sina Finance, U.S. prediction trading platform Kalshi said its annualized revenue in July topped $4 billion, doubling from more than $2 billion two months earlier. According to Sina Finance, people familiar with the matter said the revenue growth could push Kalshi's valuation much higher again, as it is in deep talks on a new funding round targeting a post-money valuation of $40 billion, nearly twice the valuation it disclosed in May. People familiar with the matter also said Kalshi's operating expenses reached $300 million in June, mainly from marketing, and if that spending pace continues, its annualized operating costs ...
Tim Draper’s Shifting Bitcoin Timelines Can’t Shake His $250K Conviction
TheCurrencyAnalytics - Tim Draper still thinks Bitcoin goes to infinity. Not a typo. The billionaire venture capitalist posted on X that Bitcoin… Read the original on Tim Draper’s Shifting Bitcoin Timelines Can’t Shake His $250K Conviction. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
STOCKS | Joby to Buy Resonant Sciences for About $500 Million
Binance News - Joby Aviation said on Tuesday it will acquire defense technology company Resonant Sciences for about $500 million to expand in the growing defense market. According to Sina Finance, Joby said it will continue developing its air taxi eVTOL project and transfer defense projects, including hybrid and autonomous VTOL programs, to Resonant Sciences. Resonant Sciences, based in Dayton, Ohio, designs, manufactures, and delivers advanced radio-frequency and mission systems for U.S. national security customers. Joby CEO JoeBen Bevirt said the company’s systems help aircraft observe, communicate, and operate in complex environments.
Connecticut Judge Says Kalshi Sports Contracts Were Never Swaps
Bitcoin.com - A federal judge denied Kalshi’s request for a preliminary injunction against Connecticut regulators, holding that its sports-event contracts are not swaps under the Commodity Exchange Act, so the CFTC’s exclusive jurisdiction never attached. Coinbase Financial Markets lost a companion motion on the same reasoning despite never having received a cease-and-desist. Not Swaps, and Not Preempted […]
FDA Acting Chief Urges Confidence in Lettuce, Updates Produce Safety Guidance
Binance News - U.S. Food and Drug Administration Acting Commissioner Kyle Diamantas said Tuesday that Americans should feel safe eating fresh produce after the agency finalized guidance on proper handling and packaging for ongoing foodborne outbreaks. According to Sina Finance, the FDA's updated guidance for producers and suppliers recommends hygiene controls, supplier verification, and refrigeration measures amid continuing Cyclospora and salmonella outbreaks linked to fresh produce. Contaminated lettuce and jalapeño peppers have caused illness in thousands of people in the United States. According to Sina Finance, Diamantas said all ...
STOCKS | JPMorgan CEO Says Dollar Reserve Status Depends on Military Strength
Binance News - JPMorgan CEO Jamie Dimon recently warned that U.S. military dominance may be one of the key factors supporting the dollar’s status as the world’s reserve currency. According to Sina Finance, Dimon said in an interview last weekend that if the U.S. no longer has the world’s strongest military and economy 25 years from now, the dollar could lose its reserve currency role. Syracuse University Moynihan Institute for Global Affairs deputy director Daniel McDowell agreed with Dimon’s view. According to Sina Finance, McDowell said U.S. military and economic power are closely linked to the dollar, and that if U.S. military strength declines, allies may worry about the safety of their ...
Strategy’s $4.6 billion cash buffer gives it almost 3 years before Bitcoin sales create real stress
CryptoSlate - The company now treats BTC as a managed reserve for dollar obligations, testing whether sales can remain voluntary. The post Strategy’s $4.6 billion cash buffer gives it almost 3 years before Bitcoin sales create real stress appeared first on CryptoSlate.
US Freight Rail Companies Lose Appeal Over Two-Person Crew Rule
Binance News - Six U.S. railroads and two industry groups had their appeal against a new rule rejected by the U.S. 11th Circuit Court of Appeals on Tuesday. According to Sina Finance, the rule requires many trains to be operated with at least two crew members. The freight rail companies, including Union Pacific and Berkshire Hathaway-owned Berkshire-Norfolk Southern, had opposed the crew-size requirement proposed by the Federal Railroad Administration. The rule came under tighter scrutiny after a derailment in East Palestine, Ohio, in 2023 that leaked and ignited railcars carrying toxic vinyl chloride and other hazardous chemicals. ...
STOCKS | Hong Kong IPO Fundraising Reaches $41 Billion, HKEX Expects Record Year
Binance News - According to Sina Finance, citing Hong Kong Economic Journal, HKEX CEO Bonnie Chan said Hong Kong initial public offering fundraising had reached $41 billion by early August and was expected to set another record this year. Chan said at an event in Kuala Lumpur that this year’s IPO fundraising has already surpassed last year’s $39.5 billion raised through 120 listings.
NAB Expects the RBA to Keep Cash Rate Unchanged Through 2026
Binance News - According to Jin10, NAB still expects the Reserve Bank of Australia to keep the cash rate unchanged for the rest of 2026, with the first rate cut still expected around mid-2027.
South Korea Adds 108,000 Jobs in July as Manufacturing Employment Weakens
Binance News - According to Yonhap, South Korea added 108,000 jobs in July from a year earlier, marking a second straight month of employment gains, while manufacturing jobs remained weak. The number of employed people rose to 29.13 million from 29.02 million a year earlier, according to the Ministry of Data and Statistics. Job growth turned positive again in June, when employment increased by 63,000 after falling by 40,000 in May, the first decline in 17 months. The jobless rate stood at 2.6% in July, up 0.2 percentage point from a year earlier, while the number of unemployed people rose by 50,000 to 776,000. The employment rate for people aged 15 to 64 edged up 0.1 percentage point to 70.3%, ...
Westpac Says RBA Rate-Hike Expectations Have Cooled
Binance News - According to Jin10, Westpac chief economist Luci Ellis said the Reserve Bank of Australia's decision to keep rates unchanged matched market expectations, but the more important development was the change in its policy guidance. Westpac said the RBA's statement that it was prepared to raise rates only if upside inflation risks materialized was more explicit than the broader "if needed" wording used at the May meeting, and that rate-hike expectations had in fact already been lowered even without a clear signal from the RBA. Westpac's base case has shifted to rates staying unchanged until mid-next year. The view is based on inflation and labor market data, both of which were below the RBA's May forecasts. Even so, Westpac still cautiously described the decision as a ...
South Korea's July Unemployment Rate at 2.8%, Above Forecast
Binance News - According to Jin10, South Korea's July unemployment rate was 2.8%, compared with 2.7% expected and 2.70% previously.
Cramer Says Investors Should Track Bonds, Oil and Nvidia for Market Signals
Binance News - According to CNBC, Jim Cramer said Tuesday investors do not need to watch every market move to gauge what is driving stocks, and instead should focus on bonds, oil and Nvidia. He said the 30-year Treasury yield around 5.2% is a level investors cannot ignore, argued oil is a gauge of inflation and geopolitical risk, and described Nvidia as a key barometer for the artificial intelligence trade and a large share of the economy.
Yemen's Houthis Say They Are Willing to Talk With Saudi Arabia
Binance News - Yemen's Houthi movement said on the 11th that it was willing to maintain dialogue with Saudi Arabia, but added that it would continue attacks on Saudi-linked ships and Saudi-backed military targets unless its demands are met. According to Sina Finance, Houthi chief negotiator and spokesperson Mohammed Abdul-Salam said in a statement on social media that the Houthi negotiating delegation was keeping contact and holding talks with regional and international parties over the current situation, and that it had not closed the door to dialogue and negotiations. The statement accused Saudi Arabia of rejecting talks and preparing further ...
Arthur Hayes says Trump’s Bessent wants to use dollar-yen exchange rate to force the Fed into printing money
Cryptopolitan - Arthur Hayes believes US Treasury Secretary Scott Bessent is preparing a way to strengthen the yen that could also force the Federal Reserve to create a large amount of new dollar liquidity. Arthur’s case centers on the Fed’s FIMA Repo Facility. In his latest essay titled ‘Yen-Quake,’ Arthur said that Japan could place its US...
U.S. Stock Futures Little Changed Ahead of July CPI Report
Binance News - According to CNBC, U.S. stock futures were little changed Tuesday night as traders awaited the July consumer price index, due at 8:30 a.m. ET on Wednesday and expected to show monthly inflation of 0.1% for the headline reading and 0.2% for core, according to economists polled by Dow Jones. Dow Jones Industrial Average futures rose 16 points, or 0.03%, while S&P 500 futures gained 0.07% and Nasdaq 100 futures added 0.1%. Super Micro Computer shares climbed more than 6% after the data center infrastructure company issued upbeat first-quarter earnings and revenue guidance. CoreWeave rose 14% after reporting second-quarter adjusted operating ...
Another OpenAI Exec Quits in Leadership Shake-Up as AI Giant Eyes IPO
Decrypt - The former operating chief is starting a new venture following several departures across the ChatGPT developer’s leadership and safety teams.
BlackRock Cuts iShares Bitcoin Trust Entry Bar to $1 Million for Institutions
TheCurrencyAnalytics - BlackRock just made a quiet but meaningful move. The firm slashed the in-kind conversion minimum for its iShares Bitcoin Trust… Read the original on BlackRock Cuts iShares Bitcoin Trust Entry Bar to $1 Million for Institutions. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Empery Digital Sells 1,635 Bitcoin and Cuts Holdings to 1,279
Binance News - Empery Digital sold 1,635 bitcoin from July 1 to August 6 and received $102.2 million, reducing its holdings to 1,279 bitcoin. According to Odaily, 954 bitcoin were pledged as collateral for $35 million in debt, leaving 325 unrestricted, down from 1,375 on June 30. In the first half of the year, the company also sold 1,167 bitcoin for $80.1 million and spent $54 million on share repurchases, $50 million under repurchase financing, and another $10 million loan. After June 30, Empery Digital repaid $20 million in debt, and the lender returned 585 bitcoin, cutting the pledged amount from 1,539 to 954. ...
Supermicro Stock Jumps 10% on Doubled Margins and Record AI Backlog
BeInCrypto - Supermicro stock jumped 9% after Q4 margins nearly doubled and fiscal 2027 guidance reached $72 billion. Key numbers inside. The post Supermicro Stock Jumps 10% on Doubled Margins and Record AI Backlog appeared first on BeInCrypto.
ZachXBT Names Tiffany Milanovich in Alleged Wallet and Coinbase Theft Network
CryptoPotato - Milanovich's connection to John Daghita turned hostile after she recorded him and shared the call. He retaliated by posting her name publicly.
COMMODITIES REVIEW | Oil Rises, Copper Holds Steady, Gold Pulls Back
Binance News - Oil prices rose as the outlook for an agreement to reopen the Strait of Hormuz remained uncertain. According to Sina Finance, WTI gained 1.3% to settle near $83 a barrel, posting a fourth straight daily increase. Copper was little changed as risk appetite weakened on uncertainty over a near-term deal to restore shipping through the Strait of Hormuz. According to Sina Finance, LME three-month copper was flat at $14,156.5 a ton at the close. Gold retreated from a two-month high as traders assessed the outlook for a U.S.-Iran agreement to reopen the Strait of Hormuz and waited for upcoming U.S. ...
Empery Sells 1,635 BTC for $102.2M as Liquidity Tightens
Bitcoin.com - Empery Digital sold 1,635 BTC for $102.2 million after the second quarter, cutting its bitcoin holdings to 1,279 BTC. With most of the remaining BTC pledged against debt and a potential $62.1 million property commitment ahead, the company’s liquidity flexibility has tightened. Empery Cuts Bitcoin Holdings to 1,279 BTC Empery Digital is drawing down its […]
Bitcoin miner Bitdeer unlocks a $1B cash tap that dilutes shareholders by up to 30% to build its AI empire
CryptoSlate - The price-dependent scenario is not a forecast, but the filing creates equity capacity twice Tydal’s remaining build bill. The post Bitcoin miner Bitdeer unlocks a $1B cash tap that dilutes shareholders by up to 30% to build its AI empire appeared first on CryptoSlate.
Billionaire Draper: Bitcoin to Go Infinite Against US Dollar
U.Today - Billionaire venture capitalist Tim Draper has doubled down on his ultra-bullish Bitcoin outlook. Billionaire venture capitalist Tim Draper has doubled down on his ultra-bullish Bitcoin outlook.
Nvidia Taps Blackrock, Goldman Sachs, Blackstone to Mobilize $500B for AI
Bitcoin.com - Nvidia is working with major Wall Street firms to mobilize more than $500 billion for AI infrastructure over time. The financing platforms could turn GPU compute into a long-duration institutional investment category. Wall Street Capital Moves Into Nvidia AI Infrastructure More than $500 billion of third-party capital could support AI infrastructure through independent financing platforms […]
SEC Prepares Escape Hatch From Securities Registration for Crypto Projects
Decrypt - The agency has set an open meeting to consider moving forward with its Regulation Crypto proposal.
SEC Plans Vote on New Crypto Investment Contract Rules as CLARITY Act Stalls
CryptoPotato - Even if the SEC approves the proposal, final rules could take 12-18 months after comments, revisions and another agency vote.
SEC to Unveil Alternative Crypto Plans to the CLARITY Act
BeInCrypto - The US Securities and Exchange Commission (SEC) votes Friday, August 14, on proposing Regulation Crypto. The purpose-built offering regime would mark the agency’s first major crypto rulemaking under Chair Paul Atkins. The Senate left for its August recess without passing the CLARITY Act. That bill would divide digital asset oversight between the SEC and the The post SEC to Unveil Alternative Crypto Plans to the CLARITY Act appeared first on BeInCrypto.
Musk replies to OpenAI exodus as veteran exec Brad Lightcap exits
Cryptopolitan - Elon Musk gave a one-word reply when he saw the news of another high-level executive leaving OpenAI. Barely 24 hours passed between Musk’s “Wow” reaction to the news that Chloe Bakalar, former head of ethics, was leaving before Brad Lightcap, one of OpenAI’s longest-serving executives, announced his departure. Musk has had public spats with the...
Bitcoin Stalls at $63,400 as ETFs Outpace Network Issuance
Bitcoin.com - Bitcoin dipped 0.7% to trade near $63,400 after a brief morning rally to $64,400 failed. Volatility triggered $39 million in total liquidations over 24 hours, heavily skewed toward long positions. Volatility and Liquidation Trends Bitcoin remained under pressure Tuesday, more than 24 hours after the revelation that Strategy sold 1,690 bitcoins to fund the repurchase […]
Strive’s 20,167 Bitcoin Reserves Under Pressure From 13% Dividend Burden
TheCurrencyAnalytics - Strive is sitting on a problem. The Bitcoin treasury company is paying out a 13% annual dividend on its SATA… Read the original on Strive’s 20,167 Bitcoin Reserves Under Pressure From 13% Dividend Burden. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Why Twenty One Capital Stock is Worth Less Than the Bitcoin It Owns
BeInCrypto - Twenty One Capital CEO Rapha Zagury admits XXI trades below its bitcoin and lays out a five-part Berkshire-style fix. The post Why Twenty One Capital Stock is Worth Less Than the Bitcoin It Owns appeared first on BeInCrypto.
The UK now ranks 3rd in global Bitcoin adoption, but court rules mean it can’t keep its 60,000 BTC as a reserve
CryptoSlate - JAN3's 2025 B20 combines policy advances with enforcement custody, while dated Treasury records separate the coins from national reserves. The post The UK now ranks 3rd in global Bitcoin adoption, but court rules mean it can’t keep its 60,000 BTC as a reserve appeared first on CryptoSlate.
ENS plans institutional expansion push with Foundation launch
Cryptopolitan - ENS token holders have ratified the “Next Era of ENS DAO” proposal and pushed the executable onchain, standing up the ENS Foundation as a working organization with a paid executive director, staff, and a board of five, ENS Labs said in an August 11 blog post. The change gives ENS its first legal body able...
Waters, Warren, Brown, Bennet: Four Democrats With F-Ratings Could Kill Crypto Reform
TheCurrencyAnalytics - Maxine Waters is probably coming back. If Democrats flip the House, the California congresswoman reclaims the gavel at the House… Read the original on Waters, Warren, Brown, Bennet: Four Democrats With F-Ratings Could Kill Crypto Reform. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Trump Media’s Crypto Bet Fuels Massive $238M Quarterly Loss
Decrypt - Falling digital asset values battered the Truth Social parent’s balance sheet, contributing to about $361 million in crypto-related losses during the first half of 2026.
Strategy CEO says company will resume Bitcoin accumulation this year
CoinTelegraph - The company has bought roughly 25 times more BTC than it has sold this year, despite recent sales that challenged its long-standing accumulation strategy.
SEC Reg Crypto: New Framework for Digital Asset Contracts
cryptoDNES - The SEC is moving toward formal 'Reg Crypto' rules, potentially shifting from enforcement-led regulation to a tailored regime for digital asset contracts. The post SEC Reg Crypto: New Framework for Digital Asset Contracts appeared first on CryptoDnes EN.
Coinbase, Strategy, and Blockstream back AI access push after vetted Bitcoin researcher gets blocked
CryptoSlate - A 43-account launch roster says trusted access, sufficient compute and secure environments are becoming a defensive requirement. The post Coinbase, Strategy, and Blockstream back AI access push after vetted Bitcoin researcher gets blocked appeared first on CryptoSlate.
XRP Worth Less Than RLUSD
U.Today - Earlier today, the Ripple-affiliated XRP token was briefly worth less than $1. Earlier today, the Ripple-affiliated XRP token was briefly worth less than $1.