TheCurrencyAnalytics - The UK’s Financial Conduct Authority just ripped out one of the more annoying bottlenecks in the British IPO process. Starting… Read the original on FCA Kills 7-Day IPO Wait, Cutting Costs for UK Listings. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Binance News - Envision Group has commissioned the initial phase of a gigawatt-scale data center in Inner Mongolia, marking an unusual move by the Chinese renewable energy company into the artificial intelligence industry, according to Bloomberg. The project is part of Envision's push into AI infrastructure as demand for data center capacity rises.
Binance News - The Zcash community has released a proposal for a NU7 development direction vote. According to Foresight News, Valar Group and Project Tachyon will launch a token holder vote starting on August 25 and lasting about 18 days. The vote will determine the direction of NU7 and covers the same content as a previously canceled vote related to the Orchard vulnerability and Ironwood/NU6.3 work. The official view is that the result will be considered valid and representative of token holders if at least 1 million ZEC participate.
Binance News - Albemarle reported second-quarter net sales of $1.74 billion, up 31% from a year earlier and above the $1.62 billion estimate, while adjusted earnings per share rose to $3.75 from $0.11 and beat the $3.22 forecast, according to Jiemian News. Adjusted EBITDA climbed to $858 million from $337 million a year earlier, also ahead of the $779 million estimate. The company said it has cut its capital expenditure outlook for the current fiscal year to about $500 million.
Binance News - According to Yonhap, LG Uplus Corp. said its second-quarter net income rose 0.3% from a year earlier to 217.7 billion won ($153.5 million), while operating profit climbed 13.1% to 344.5 billion won, a quarterly record. Sales fell 3.9% to 3.69 trillion won. The company said the stronger earnings were driven by growth in its corporate infrastructure business, including artificial intelligence data centers, along with cost controls and efforts to improve profitability. Revenue from the corporate infrastructure unit rose 8.6% to 464.4 billion won, and income from the AI data center segment increased 28.9%. The mobile division posted sales ...
Binance News - The United Kingdom Maritime Trade Operations office said on August 6 that a tanker sailing in the Strait of Hormuz reported hearing two explosions. According to ChainCatcher, the vessel and its crew are safe. The incident occurred 9 nautical miles southeast of Kumzar, Oman, and the report was received at 7:18 PM UTC on August 5, 3:18 AM Beijing time on August 6. The notice provided no further details.
Binance News - Ark Invest increased its Circle position by 273,343 shares on Tuesday, according to Ark Invest Tracker data. According to Foresight News, the purchase was worth about $17.29 million. The move added to holdings managed by Cathie Wood's Ark Invest.
Binance News - Disney and TikTok have agreed a deal that will let creators use clips from Disney films and TV shows in their videos, including from Star Wars, Toy Story and the Marvel Cinematic Universe, according to BBC. The clips will also appear on Disney's short-form video platform, Verts. The scheme will launch in the US before being rolled out to other countries. Neither company disclosed financial terms. Disney and TikTok said the jointly run programme would boost some creators' videos and give them access to exclusive events, as social media fan content plays an increasingly important role in entertainment.
Binance News - Gianni Infantino will remain as Fifa president after senior executives backed him at a meeting in Morocco, according to BBC. The meeting was called in Rabat after mounting criticism of Infantino’s aborted plan to sell commercial and event operations to private investors. European football’s governing body Uefa said at the weekend it had lost confidence in Infantino, while Fifa secretary general Mattias Grofstrom told staff in an internal memo on Tuesday that the situation was "a sad and reproachable series of events." After Wednesday’s meeting, Grofstrom and the management board said they had "reaffirmed their full support" for Infantino as president.
Binance News - Manulife (0945) said its Hong Kong and Macau insurance business delivered strong growth across several key performance indicators in the second quarter, according to Ming Pao. Core earnings, annualized premium equivalent sales, new business value and new business contractual service margin all rose by double digits year on year, further supporting the growth momentum of Manulife's Asia business and the group's overall performance.
Binance News - According to Jin10, U.S. Vice President Vance said on the evening of August 5 local time that talks with Iran would be "full of twists and turns and time-consuming," and noted that Iran is "extremely difficult to deal with."
Binance News - San Francisco Fed President Mary C. Daly said the rise in borrowing tied to technology investment should be monitored. According to ChainCatcher, Daly said the trend merits attention.
CoinTelegraph - Cash App and Square drove better-than-expected results, while the company said it expanded its use of AI across software engineering.
Binance News - India's central bank is emerging as one of Asia's monetary policy holdouts, keeping a steady policy stance despite the latest oil shock, according to Bloomberg. The Reserve Bank of India is confident the price move will not derail economic growth or trigger the kind of persistent inflation that would justify higher interest rates.
CoinTelegraph - Mysten Labs’ co-founder Sam Blackshear said he is joining Anthropic as AI shifts the balance between attackers and defenders.
Bitcoin.com - American and British regulators are expanding cooperation on crypto, tokenization, payments, artificial intelligence, and financial resilience. The initiative connects new regulatory frameworks with plans to reduce cross-border friction and modernize two major financial markets. Regulators Expand Their Transatlantic Digital Asset Agenda The U.S. Department of the Treasury published a joint statement on Aug. 4 summarizing […]
Binance News - According to Jin10, AIA Group (01299.HK) fell more than 6% in Hong Kong trading, with turnover exceeding HK$300 million.
Binance News - According to Jin10, SC crude oil 2609 climbed intraday, with gains widening to 1.01% and the latest price at 518.2 yuan per barrel; turnover was about 50.485 billion yuan, open interest increased by nearly 1,500 contracts during the day, and volume-open interest activity also rose. The front-month fuel oil contract rose more than 2.00% intraday and was last at 3,419.00 yuan per ton.
Binance News - According to Yonhap, South Korea's Finance Minister Koo Yun-cheol said the economy is delivering unprecedented results on the back of solid growth and exports, while the government works to stabilize recent stock market volatility. Koo said real-economy and macroeconomic indicators, including growth, exports, inflation, and consumer and business sentiment, are on a steady upward trend. He also said the government is moving quickly to ease market swings and improve the structural health of the capital market. Last month, the government raised its 2025 growth forecast to 3% from 2%, citing a semiconductor supercycle and easing uncertainty in the Middle East. Latest ...
Binance News - ETF Store President Nate Geraci said the crypto industry needs to put more effort into education, citing the progress of the CLARITY Act. According to Odaily, he said many politicians, key players in traditional finance, and mainstream financial media do not fully understand how the crypto industry develops. Geraci said some people may not understand crypto technology, while others may feel competitive pressure from it. He said stronger industry education could improve this situation and help the market form a more accurate understanding.
Binance News - Jiemian News reported that as of August 5, 2026, 132 institutional investors had disclosed holdings in Sinocera Materials' A shares, totaling 135 million shares, or 13.50% of the company's total share capital. The top 10 institutional holders included Dongying Aoyuan Industry and Trade, Hong Kong Securities Clearing Company, Morgan Stanley & Co. International Plc., Schroder Investment Management (Hong Kong) Ltd., Zhejiang Chouzhou Commercial Bank and Ping An Technology Select Mixed Fund, the National Social Security Fund Portfolio 114, Fullgoal Tianhui Growth Mixed (LOF) A/B, and China Life AMP Smart Living Stock A; together they held 11.02%, down 3.67 percentage points from the previous quarter. Jiemian News also said 12 public funds reduced holdings quarter on ...
Binance News - China's Shenzhen Stock Exchange said on August 6 that MINIMAX-W, Luxshare Precision and Trina Group were added to the Hong Kong Stock Connect eligible securities list, effective August 6, 2026. Jiemian News reported.
Binance News - Potential Hengxin (300191.SZ) said in the first-half 2026 report released on August 6, 2026 that as of August 5, 11 institutional investors had disclosed holdings of its A shares, with a combined 27.0393 million shares, or 8.45% of total share capital, according to Jiemian News. The top 10 institutional holders included Hong Kong Securities Clearing Company, Bank of China Ltd.-E Fund China Consumer Select Mixed (LOF), China CITIC Bank Corp.-Bank of Communications Schroders New Life Vitality Flexible Allocation Mixed, China Construction Bank Corp.-Fullgoal Stable Growth Mixed, and several private and public fund products. Their combined holding ratio fell 0.56 percentage points from the previous quarter. Among public funds, three reduced holdings from the prior ...
Binance News - According to Jin10, China's onshore foreign exchange market set the yuan midpoint at 6.7895 per U.S. dollar on August 6, 2026, up 6 pips; 7.8197 per euro, up 138 pips; 0.86557 per Hong Kong dollar, down 0.5 pip; 9.1124 per British pound, up 81 pips; 4.7739 per Australian dollar, up 45 pips; 4.8276 per Canadian dollar, up 181 pips; 4.2956 per 100 Japanese yen, up 56 pips; 11.9954 per Russian ruble, up 465 pips; 3.9801 per New Zealand dollar, up 42 pips; 0.60421 per Malaysian ringgit, up 1.3 pips; 8.3904 per Swiss franc, up 235 pips; and 5.2835 per Singapore dollar, up 21 pips.
Binance News - Purpose Investments' Ether ETF staked 42,000 ETH to the Ethereum Beacon Deposit Contract over the past three hours, according to Onchain Lens. According to ChainCatcher, the position represents 36.6% of the ETF's total holdings. The ETF holds 114,900 ETH in total.
CoinTelegraph - “There’s a lot of chaos right now in the ecosystem. We absolutely understand that many people are being bombarded with security issues right now,” said Bitcoin developer Calle.
Binance News - Manulife Financial reported second-quarter net income attributable to shareholders of C$2.1 billion, up C$300 million, or 17.9%, from the second quarter of 2025, according to Ming Pao. For the first half, net income attributable to shareholders rose 43% to C$3.257 billion. The company also declared a dividend of C$0.485 per share.
Binance News - According to Yonhap, Apple Inc.'s App Store generated 38.1 trillion won ($26.8 billion) in combined sales and billings in South Korea last year, more than doubling from five years earlier, according to an industry report cited by Apple. The joint study by consulting firm Analysis Group and Professor Michael Lim of Seoul National University found that sales of real-world goods and services accounted for 32.3 trillion won, or 85% of the total, while digital products and services generated 3.7 trillion won and in-app advertising brought in 2.1 trillion won. Apple said it did not collect fees on about 90% of transactions because it charges commissions only on purchases in its digital category. The report also said average weekly App Store visits in South Korea ...
Binance News - Russian President Vladimir Putin signed a law on the 4th that imposes comprehensive regulation on Russia’s digital currency and digital rights, according to documents published on the Russian legal information website. According to Odaily, the law sets operating rules for cryptocurrency exchanges, digital asset custodians and other market participants, regulates conditions for investors buying cryptocurrencies, and covers the circulation, accounting and storage of digital currency and foreign digital instruments, as well as mining, issuance and circulation of digital rights. It also regulates businesses run by operators of information systems issuing digital financial assets, digital currency exchange institutions, digital asset custodians, brokers, asset ...
Binance News - According to Jin10, spot silver rose 1.00% intraday to $62.66 per ounce.
Binance News - Glencore CEO Gary Nagle announced on August 5 local time that the group plans to apply for a secondary listing on the Australian Securities Exchange (ASX), with a goal of securing approval by October this year. According to Jiemian News, the move follows a detailed review of opportunities to expand the investor base and improve trading liquidity. Glencore said Australia has one of the world’s largest and fastest-growing pools of long-term investment capital, with pension assets currently totaling A$4.4 trillion, or about US$3.1 trillion, and expected to rise to about A$12.4 trillion by 2045. Nagle said an Australian listing could also lift Glencore’s ...
Binance News - According to Jin10, China's very large crude carriers resumed loading Saudi crude after a one-week suspension, but the shipping route shifted significantly from the Red Sea lane to a route around Africa. On August 4, COSCO's 330,000-ton VLCC Yuan Xi Hu arrived offshore at the Sidi Kerir terminal on Egypt's Mediterranean coast and lined up to load oil after remaining offshore near Saudi Arabia's Yanbu port since entering the Red Sea on July 11, following the Houthis' announcement of a maritime blockade of Saudi Arabia. On August 1, Yuan Xi Hu passed northbound through the Suez Canal in ballast, with its destination listed as the Sidi Kerir terminal in Egypt.
Binance News - According to Jin10, U.S. President Donald Trump said at an event in Las Vegas on August 5 that oil prices have fallen recently and have become somewhat stable, adding, "We may have to let it rise again," though he said he hoped it would not come to that. Trump did not further explain what he meant.
Binance News - According to Axios, Tucker Carlson used a heavily promoted livestream Wednesday to unveil a 10-point vision for America, outlining the worldview of a breakaway MAGA faction increasingly at odds with President Trump. Carlson said the effort was a foundation for “whatever comes next,” after previously vowing to help build a third party and hosting MAGA dissidents at his Maine home, where some urged him to run for president in 2028. In the manifesto, Carlson called for equal treatment of presidents, federal agents and elites, said Israel pushed the U.S. into the Iran war through “bribery or threat or both,” argued for rebuilding farming and manufacturing, backed RFK Jr.’s food agenda and universal sobriety, urged broader release of classified records, called for ...
TheCurrencyAnalytics - Arthur Hayes has a theory. It’s bleak, it’s specific, and it ends with Bitcoin at $1 million. The BitMEX co-founder… Read the original on Arthur Hayes Sees Bitcoin at $1 Million If AI Wipes Out White-Collar Jobs. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Binance News - Mysten Labs co-founder and Chief Technology Officer Sam Blackshear said he will leave Mysten Labs and join Anthropic to work on defensive security research. According to Foresight News, he said the balance between offensive and defensive capabilities is shifting, and that working in security motivates him. He said he will continue to serve as an adviser to Mysten Labs and the Sui ecosystem, and will take part in the Move Foundation now being prepared. Mysten Labs work will be handled by Evan.
Binance News - U.S. Senator Cynthia Lummis said she expects the Senate to vote on the CLARITY Act before the August recess. According to Foresight News, the bill faces objections from Democrats seeking stronger ethics provisions and reservations from Republican Senator Josh Hawley over bank-related concerns. If a vote is not completed by the end of this weekend, consideration would be delayed until lawmakers return in mid-September and could extend into the 2026 midterm election cycle. Majority Leader John Thune plans to schedule a vote by Saturday, but some Republican senators remain concerned.
Binance News - According to Yonhap, Samsung Electronics Co. said Thursday it won two awards at the Future of Memory and Storage 2026 conference in California for its next-generation memory technologies. The company received the 3D & NAND Innovation Award for its V10 BV-NAND technology and the Next-Gen Memory Award for its LPDDR5X-PIM technology. Samsung said V10 BV-NAND features an ultra-high-layer architecture with more than 400 layers, uses bonding vertical technology to vertically connect wafers, and has a three-stack structure that links V-NAND cells across three layers to expand storage capacity while lowering power consumption and heat. The company ...
Binance News - Japanese government bonds rose in early Tokyo trading, tracking overnight gains in U.S. Treasury prices. According to Sina Finance, Japanese and U.S. government bonds often move in tandem. Attention may focus today on the Ministry of Finance's auction of about 600 billion yen of 30-year Japanese government bonds. Tomohisa Fujiki of Citi Investment Research said demand for the auction may be driven by life insurers, and added that yields should be at a level sufficient for regular buying. The 10-year Japanese government bond yield fell 1.5 basis points to 2.790%, ...
Binance News - Data compiled from HKEX Disclosures on the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect holdings record showed that Southbound funds increased holdings in Southern Hang Seng Tech (3033) by 207 million shares on Aug. 5, 2026, according to Ming Pao. The biggest reduction was in Jingwei Tiandi (2477), which saw holdings cut by 127 million shares.
Binance News - Former OpenAI researcher Leopold Aschenbrenner has returned to the investment market with a $400 million backing of a private company, according to people familiar with the matter. According to ChainCatcher, the investment was completed on Tuesday after his AI-themed hedge fund, Situational Awareness, faced severe margin calls from several Wall Street lenders last week. The new funding came on top of a $100 million investment the fund made in the same company last month. It is not yet clear which company in Situational Awareness' private equity portfolio received the additional capital.
Binance News - A whale that opened a 40x leveraged short on 1,600 BTC had four stop-loss orders triggered after Bitcoin rebounded to $65,000 at 4 a.m., reducing the position by 200 BTC. According to ChainCatcher, the trader still holds a short position of 1,400 BTC with a liquidation price of $64,998.
Binance News - A whale opened a 40x leveraged short on 1,600 BTC yesterday, with a liquidation price of $64,889. According to Odaily, the trader set stop-loss orders in the $64,885 to $68,254 range, with each order covering 50 BTC. At 4 a.m., Bitcoin rebounded to $65,000 and triggered four stop-loss orders, reducing the short by 200 BTC and leaving a loss of $146,000. The whale still holds a 1,400-BTC short position, with a new liquidation price of $64,998.
Binance News - According to Jin10, Fitch said further yen appreciation may require the Bank of Japan to raise interest rates.
Binance News - According to Jin10, Japan's 30-year government bond yield fell 3 basis points to 3.93%.
Bitcoin.com - Strategy reiterated its ambition to become the world’s largest company by market capitalization, outlining a capital strategy built on bitcoin, digital credit, and equity. The approach is designed to expand its balance sheet and create long-term shareholder value. Bitcoin Holdings Anchor Strategy’s Corporate Ambition Strategy Inc. (Nasdaq: MSTR) reiterated its ambition to become the world’s […]
Binance News - According to Jin10, San Francisco Fed President Mary C. Daly will speak in 10 minutes.
Binance News - GlobalWafers said its 12-inch, 8-inch, and 6-inch production lines were nearing full utilization, and some advanced 12-inch products were already facing supply constraints as demand for AI chips, HBM, and advanced packaging surged. According to ChainCatcher, Shin-Etsu Chemical reported double-digit year-on-year and quarter-on-quarter growth in 12-inch shipments in Q2, while Sumco said customer inventory adjustments were nearing an end and SK Siltron’s new capacity was still unable to keep pace with order growth. Tighter supply is also changing long-term contract structures. According to ChainCatcher, GlobalWafers signed a 10-year long-term agreement with Micron last ...
Binance News - Glencore Plc plans a secondary listing in Australia as soon as October as it seeks access to new investment from the country's fast-growing A$4.4 trillion pension system, according to Bloomberg. The move would give the mining giant exposure to one of the world's largest retirement pools as it looks to broaden its investor base.
Binance News - According to Yonhap, Kakao Corp. said its second-quarter net profit plunged 89.5% from a year earlier to 18 billion won ($12.6 million), even as the South Korean internet company posted its highest quarterly operating profit and sales. Operating profit rose 49% to 277 billion won, while sales increased 3.5% to 2.09 trillion won. The company said the figures include earnings from Kakao Games, which was effectively spun out to Japan's LY Corp. in May. Kakao's flagship platform division, which includes its ride-hailing service and Kakao Pay mobile payment service, generated 1.23 trillion won in sales, up 17% from a year earlier, while ...
Binance News - More than two months after President Prabowo Subianto unveiled plans to take control of Indonesia’s top commodity exports, the agency assigned to carry out the proposal is caught between competing visions over its role in the economy’s most vital export industry, according to Bloomberg.
Binance News - Sequoia Capital has completed a new $10 billion funding round and has returned $5 billion to investors this year, excluding SpaceX, according to Sina Finance. According to PANews, the report said the firm made the investor returns this year outside of SpaceX.
Binance News - According to CNBC, AppLovin dropped 16% in extended trading after third-quarter projections disappointed Wall Street, with the company guiding adjusted EBITDA of $1.71 billion to $1.74 billion versus the StreetAccount consensus of $1.75 billion; second-quarter revenue also narrowly missed estimates. Western Digital fell more than 10% after guiding current-quarter adjusted earnings of $4 a share, plus or minus 15 cents, on revenue of $4.1 billion, plus or minus $100 million, against the LSEG consensus of $3.81 a share on $4.04 billion. Sandisk slid 5% as it guided first-quarter revenue of $10.3 billion to $10.8 billion versus the LSEG consensus of $10.47 billion, though fourth-quarter results beat on the top and bottom lines. Figma shed 15% after full-year adjusted operating ...
Binance News - According to Jin10, CITIC Securities said Korean retail leverage has been rapidly reduced, but the indicators it tracks show that risks have not been fully cleared. The report said broker financing balances on July 31 fell 10% in a single day, the biggest drop of the year, while retail forced liquidation amounts on July 30 and 31 still exceeded 100 billion won per day and the liquidation rate remained at 7%-8%, far above the 1% level seen in a stable market. It added that the scale of Korea's stabilization fund is limited and that the entry of the National Pension Service creates moral hazard, and it expects market volatility to remain relatively high.
Binance News - According to Jin10, U.S. Vice President Vance said there is no disagreement with U.S. President Donald Trump on the Iran issue and that they are working to carry out his decisions.
Binance News - According to Jin10, U.S. Vice President Vance said Iranians are difficult to deal with, but their regime has developed cracks, and the task is to secure the best outcome for the American people.
Binance News - According to Jin10, U.S. Vice President Vance said some people inside Iran's regime want the war to end, while extremists want it to continue.
TheCurrencyAnalytics - Gold blew past expectations Wednesday. Prices jumped 2.8% to $4,213 per ounce, the highest level since June 22, and the… Read the original on Gold Hits Six-Week High on 82-Tonne Chinese Buying as Bitcoin Stalls. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Binance News - Apple is entering what Jiemian News described as its largest product innovation cycle in years, a three-year rollout spanning smartphones, watches, tablets, computers and smart home devices. The company plans to launch foldable phones, the iPhone 18 lineup and more than 10 new products in the second half of 2026, according to Jiemian News. Huachuang Securities electronics chief analyst Yue Yang said the cycle is unprecedented in scale, breadth and depth, and that it is a proactive response to slower market growth as Apple shifts from consumer electronics toward AI devices. He said the move could have a significant impact on China's Apple ...
Binance News - China's dividend-linked life insurance premium income exceeded 1 trillion yuan in the first half of 2026, up more than 90% year on year, according to Jiemian News. The article said life insurers are pushing dividend-linked policies as traditional products offer relatively low returns and limited appeal to consumers. It also noted that sales remain difficult because some agents still present illustrated returns as expected returns, which can lead customers to assume dividends will be paid stably. Some products from the previous cycle also underperformed expectations, leaving parts of the sales force and consumers skeptical. The article said the industry's shift toward floating-return products has only just begun.
Binance News - The spread between COMEX and LME copper prices widened to as much as $621.81 a ton on August 5 as expectations of a U.S. tariff on refined copper continued to build, according to Jiemian News. The price gap has opened an arbitrage window and is drawing global copper supply toward the U.S. market. Market participants said the cross-border flow of copper is still continuing because it remains unclear whether the tariff will be imposed, at what rate, and when it would take effect. They added that tight copper ore supply has not changed, and that fundamentals plus macro factors should continue to support copper prices.
Binance News - COMEX gold futures rose 3.74% to $4,308 an ounce, while COMEX silver futures gained 3.34% to $62.26 an ounce, according to Jiemian News.
Binance News - In the volatile market since the third quarter began, institutions have accelerated the launch of new ETFs. Choice data show that 32 ETFs were established from July 1 to August 5, with total issuance size reaching 7.612 billion yuan, according to Jiemian News. Institutional investors also appeared frequently among the largest holders of these newly launched ETFs. For example, as of July 31, all of the top 10 holders of Huaan CSI Construction Machinery Theme ETF were institutional investors, including Luoshu Hengxiang CTA No. 2 Private Securities Investment Fund, CITIC Securities, Guosen Securities, and Zhufeng Yinfeng No. 2 Private Securities Investment Fund.
Binance News - According to Jin10, Japan bought 477.9 billion yen of foreign bonds in the week to July 31, while the previous figure was revised to minus 810.1 billion yen from minus 811.4 billion yen.
Binance News - U.S. health authorities said they are investigating a multistate salmonella outbreak linked to jalapeño peppers from Mexico, with 345 people reported sick across 27 states. According to Sina Finance, the U.S. Centers for Disease Control and Prevention and the U.S. Food and Drug Administration said 36 hospitalizations have been reported, with no deaths, and the investigation is ongoing. The agencies traced the outbreak to jalapeño peppers supplied by a grower in Sinaloa state and distributed in the United States by Coast Citrus Distributors. The FDA said the company has agreed to recall the remaining products and is notifying affected ...
CryptoSlate - The revenue crossover is real, but Anthropic rent starts only as new capacity is delivered from late 2027. The post TeraWulf’s Bitcoin mining revenue fell 73% as AI related leases reached 71% of sales appeared first on CryptoSlate.
Bitcoin.com - U.S. Senator Cynthia Lummis says the Senate will vote on the CLARITY Act before lawmakers begin their August recess. The bill would divide federal crypto oversight while addressing ethics, enforcement, consumer protection, and market certainty. Lummis Sees Vote Nearing After 11 Months of Negotiations U.S. Senator Cynthia Lummis (R-WY), chair of the Senate digital assets […]
Binance News - eBay forecast third-quarter revenue above Wall Street expectations on Wednesday as it leans on certified luxury goods, collectibles, and refurbished products to attract more high-value buyers to its online marketplace. According to Sina Finance, this is the company’s first earnings report since it rejected GameStop’s roughly $56 billion unsolicited takeover bid, calling it “not credible and not attractive,” while GameStop CEO Ryan Cohen said he plans to continue seeking a merger. eBay said its focus on “key categories” is targeting enthusiast buyers who value selection and specialized services, helping it stand out from competitors. ...
Binance News - South Korea's current account surplus in June continued to hit a record high, driven mainly by strong semiconductor exports. According to Sina Finance, data from the Bank of Korea showed the June surplus reached $49.73 billion, topping the previous record of $38.61 billion in May. It was South Korea's largest monthly current account surplus on record and the second straight month to set a new high. The figure rose sharply from $13.97 billion a year earlier. South Korea has posted a current account surplus every month since May 2023, extending the run to 38 consecutive months in June.
Binance News - According to CNBC, Jim Cramer said Wednesday that investors should stop treating the stock market like a winner-take-all game and argued there is room for multiple companies across the AI supply chain. He said the market was reacting to AI as if it were a zero-sum race, even though demand could support several winners, and added that there may be trillions of dollars in CPU and GPU demand by 2030. Cramer said AMD fell 6% Wednesday despite a solid earnings report after Elon Musk said SpaceX will build its artificial intelligence infrastructure exclusively on Nvidia because it believes the Vera Rubin architecture is the ...
Binance News - According to Yonhap, Hyundai Motor Co., Kia Corp., Stellantis and Honda will voluntarily recall 512,393 vehicles in South Korea across 13 models to fix defective components, the transport ministry said Thursday. Hyundai Motor will recall 51,017 Tucson SUVs and 53,764 Tucson Hybrid models after a software design flaw in the forward collision-avoidance assist system was found to pose an accident risk. It will also recall 141,825 Grandeur Hybrid sedans and 26,356 Avante Hybrid sedans after defects in the hybrid control unit software were found to pose a potential fire risk. In addition, 117,813 Genesis vehicles, 99,889 Kia Carnival minivans and 9,348 Kia K8 sedans will be recalled over improperly fastened nuts on internal engine components that could cause fuel ...
Binance News - Nikita Bier is stepping back as X’s product chief after about 400 days and will remain an advisor at Elon Musk’s platform. He said X shipped nearly 30 new products during his tenure, according to BeInCrypto, including timeline changes, Grok-powered custom timelines, a topic snooze tool and country-of-origin labels, while the article says filings and app data paint a weaker growth picture.
Binance News - Polymarket traders assign an 18% chance that Tesla and SpaceX will officially announce a merger before end-2026, with near-term odds for a Sept. 30 announcement at about 5%. The December 31 contract trades around 18 cents and activity across the relevant contracts has topped $1 million, according to BeInCrypto, even as speculation persists over Elon Musk’s firms and SpaceX shares fell after its first public earnings report.
Binance News - Samsung Electronics Co. said pre-orders for its latest folding smartphones are running 30% ahead of last year, with the Galaxy Z Fold 8, Z Fold 8 Ultra and Z Flip 8 on pace to set records for the Z series, according to Bloomberg. The company said demand for the new lineup is stronger than any previous Z-series model.
BeInCrypto - SpaceX now expects $1 trillion in revenue by 2030, a year early, even as its stock fell on rising AI capex. The post Musk Says SpaceX Revenue Could Hit $1 Trillion a Year Early Even as Stock Slides appeared first on BeInCrypto.
Binance News - A Chinese-built digital spyware tool has evolved into a broader surveillance technology and is being used in more than 13 countries, according to Bloomberg. New research from a security firm says the tool has expanded beyond its original scope as it spreads across multiple countries.
BeInCrypto - Polymarket traders assign just an 18% probability that Tesla and SpaceX will officially announce a merger before the end of 2026, despite months of speculation about the two companies. The odds reveal deep skepticism, even as operational overlap among Elon Musk’s flagship firms continues to grow. What the Prediction Markets Actually Show A prediction market The post Polymarket Gives 18% Odds to a Tesla-SpaceX Merger Announcement in 2026 appeared first on BeInCrypto.
Binance News - DBS Group Holdings Ltd. reported second-quarter profit that beat expectations and raised its 2026 guidance, according to Bloomberg. The Singapore lender said the stronger result was driven by a surge in wealth-led fee income.
Binance News - Qantas Airways Ltd. international pilots voted in favor of potential strikes as pay and conditions negotiations continue, according to Bloomberg. The vote comes amid years-long talks between the airline and its pilots over compensation and working conditions.
CryptoSlate - The Grayscale XRP fund added 480,000 net shares in Q2 after a derived 3.94 million-share Q1 contraction, but net assets still fell. The post Investors poured millions back into Grayscale’s XRP fund, but a $16.8M market hit instantly wiped out the comeback appeared first on CryptoSlate.
Binance News - The technology trade may become even more dependent on retail investors and more volatile after a rough July, according to Bloomberg. JPMorgan Chase & Co. said its preliminary data on technology, media and telecommunications hedge funds points to that shift.
TheCurrencyAnalytics - Western Union just launched Stablecard — a digital wallet and Visa card built around USDPT, a US dollar-backed stablecoin running… Read the original on Western Union’s Stablecard Goes Live in 37 Markets, Eyes 60 by Year-End. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Binance News - West Main Self Storage added 0.155 bitcoin to its holdings, bringing its total to 16.188 BTC. According to Odaily, BitcoinTreasuries.NET said in a post on X that the company increased its Bitcoin holdings.
Binance News - Bezos sold nearly $350 million of Amazon shares on Monday, when Amazon's stock hit a record high, marking his first sale of the company's stock this year. According to Sina Finance, the transaction was disclosed in a Form 4 filing released after the close on Wednesday. The billionaire had said in another filing two days earlier that he planned to sell up to 15 million Amazon shares, worth more than $4 billion, and the latest sale accounted for only a small part of that plan. According to Sina Finance, Bezos' wealth rose by $38.7 billion to $292 billion as Amazon shares climbed 18% this year. ...
BeInCrypto - Zuckerberg launched Muse Code, but Meta's own charts hand every round to Anthropic, and independent data widens the gap. The post Zuckerberg’s Muse Code Loses to Anthropic on Meta’s Own Benchmark Charts appeared first on BeInCrypto.
Binance News - BNY announced a new partnership with Galaxy Digital to expand its digital asset infrastructure and offer staking services for assets held in custody, according to Bloomberg. Emily Portney, BNY's global head of asset servicing business, said the deal supports the bank's push into digital assets. She discussed the partnership with Romaine Bostick on "The Close."
Binance News - According to Jin10, U.S. President Donald Trump said he would prefer to reach a deal with Iran.
Binance News - U.S. President Donald Trump said tariffs have made the United States rich. According to ChainCatcher, the remark was reported by Jin10.
Binance News - TeraWulf said second-quarter high-performance computing leasing revenue rose 52% from the prior quarter to $31.9 million, increasing its lead over the company’s traditional Bitcoin mining business. According to Odaily, HPC leasing revenue accounted for about 71% of TeraWulf’s $44.8 million in total revenue, up from 62% in the previous quarter. Digital asset revenue was little changed quarter over quarter at $12.8 million, but fell sharply from $47.6 million a year earlier. TeraWulf CFO Patrick Fleury said on the earnings call that the second-quarter results showed the company’s financial structure is increasingly driven by long-term, contracted HPC revenue. ...
Binance News - MNTN Chief Executive Mark Douglas discussed the connected TV and streaming advertising market after his company posted a strong earnings report showing 21% year-over-year revenue growth, according to Bloomberg. He also addressed recent results from major media companies, including Walt Disney Co., which reported 64% profit growth in its streaming business, 14% revenue growth and 3% overall ad sales growth on "The Close."
Cryptopolitan - Block (NYSE: XYZ) shares gained more than 4% in late trading after the payments company posted second-quarter numbers above Wall Street forecasts. Adjusted earnings reached $1.02 per share for the three months through June 30. Analysts following London Stock Exchange Group (LSE: LSEG) were expecting 87 cents per share. The quarterly income came to $6.62...
Binance News - According to CNBC, SpaceX spent $295 million on Tesla Megapacks in the period ended June 30, 2026, bringing its first-half total purchases of the battery energy storage systems to $329 million. The systems are being installed to help power SpaceXAI's Colossus data centers in the Greater Memphis area. The company also has installed and used dozens of natural gas-burning turbines at its Colossus and Colossus 2 facilities, and the NAACP has filed a federal lawsuit in Mississippi seeking to stop continued use of the turbines without pollution controls or federal permits. On SpaceX's second-quarter earnings call, Elon Musk said the company plans to ...
Binance News - JPMorgan CEO Jamie Dimon said market leverage is rising, including among prime brokers, hedge funds, exchange-traded funds, and Treasury market arbitrage. According to Sina Finance, Dimon said on Wednesday in an interview that "market leverage is quite high," adding that there is a greater chance the market could be quickly disrupted and that people would panic if that happened. He also commented on last week’s agreement by the hedge fund Situational Awareness, which had used leverage to bet on AI stocks, to transfer part of its assets to Citadel under pressure from a broad selloff in the technology sector. Dimon said on Wednesday that "the market digested it very well."
Binance News - According to CNBC, JPMorgan Chase CEO Jamie Dimon said he is not worried that the AI data center boom will fade. In an interview with CNBC's Leslie Picker in Los Angeles, Dimon also discussed JPMorgan's partnership with the 2028 Olympics, his view of current market conditions and his thoughts on Federal Reserve Chairman Warsh.
Binance News - More than 120 MPs and peers have urged Chancellor John Healey to carry out an urgent review of the student loan repayment system, according to BBC. The open letter, coordinated by campaign group Rethink Repayment, says the current setup places an unsustainable burden on the next generation of workers. The signatories include MPs with Plan 2 student loans, which are under particular scrutiny. The debate has centred on Plan 2 loans taken out by students in England between September 2012 and July 2023 and still issued in Wales, where graduates repay 9% of earnings above the threshold. The letter also refers to the freeze announced last November by then-Chancellor Rachel Reeves on ...
Binance News - According to Jin10, Brazil's Selic rate stood at 14% through August 5, matching expectations of 14.00% and below the previous 14.25%.
Binance News - U.S. President Donald Trump said Canada was "very bad" when discussing tariffs and added that "we have turned the situation around." According to ChainCatcher, the remarks were made in the context of tariff policy.
TheCurrencyAnalytics - The Bank of Japan moved to prop up the yen this week. It bought yen directly in currency markets, trying… Read the original on Japan Steps In as Yen Slides — What It Means for Crypto Carry Trades. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Decrypt - Meta's new agent runs in your terminal, coordinates subagents, and survives crashes—but on the benchmarks that matter, it lags behind.
Binance News - Ukrainian President Volodymyr Zelensky said Ukraine's air defense system supply has fallen by two-thirds compared with last year, as Kyiv region casualties rose to 16 dead and 36 injured. According to ChainCatcher, Russia's Defense Ministry said it hit three ships near Odesa and damaged logistics hubs in Kyiv and surrounding areas. French President Emmanuel Macron and European Commission President Ursula von der Leyen said they would continue increasing pressure on Russia. von der Leyen also said the EU will allocate an additional 1.4 billion euros to Ukraine from the proceeds of frozen Russian assets.