Bitcoin.com - Prediction markets recorded nearly $2 billion in final-specific trading as Spain defeated Argentina to win the 2026 World Cup. Kalshi accounted for almost 96% of the combined volume, with activity surging by more than $620 million from Friday through settlement. Final trading accelerates after Friday’s snapshot The Spain–Argentina World Cup final generated approximately $1.977 billion […]
Decrypt - The bill licenses exchanges, caps retail investors at about $3,800 a year, and creates a legal pathway for Russian companies to pay foreign partners in crypto—bypassing Western sanctions.
Cryptopolitan - Crypto wallet company Exodus is laying off 25% its workforce as it looks to restructure its business towards stablecoin payments. Exodus announced the cut on Friday, saying the decision is intended to align the company’s cost structure and priorities with its ongoing efforts to become a card issuance and payments platform through its recently acquired...
Cryptopolitan - Chris Fall has resigned as the director of the Center for AI Standards and Innovation after about three months in the job. The Commerce Department confirmed his departure on Monday. Now the federal government’s main AI-testing body is left without a permanent chief. Why did Chris Fall leave CAISI? Axios was the first outlet to...
CoinTelegraph - The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build a full-stack card issuance and payments platform.
TheCurrencyAnalytics - Strategy just sold a big chunk of its own MSTR stock. The haul: $263.5 million. And now the company’s sitting… Read the original on Strategy Raises $263.5M Selling MSTR Stock, Cash Pile Hits $3.225 Billion. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
BeInCrypto - Morgan Stanley leads a $570 billion AI bond market boom as pension funds and insurers bankroll data centers in 2026. The post Morgan Stanley Turned AI Into Wall Street’s Hottest Bond Trade appeared first on BeInCrypto.
Cryptopolitan - Coinbase CEO Brian Armstrong told his followers on X that his posts do not serve as an endorsement of any kind. Regardless, traders ignored his “warnings” with many pushing back. On July 20, Armstrong responded to the buzz around his social media activity, particularly his profile picture, and reiterated the disclaimer on his X bio....
CryptoSlate - The first five repurchases generated 24% more gross Bitcoin-per-share accretion per pound than a matched BTC purchase. The post Bitcoin treasury company discovers buying own stock adds 24% more BTC per share than buying Bitcoin appeared first on CryptoSlate.
Cryptopolitan - AMD’s stock increased by almost 5% on Monday following the chip company’s announcement that it and Microsoft were strengthening their business partnership, with Microsoft agreeing to integrate AMD’s new rack-scale AI technology into its data centers. Investors now have more motivation to support AMD as a legitimate rival since the move is perceived as a...
Cryptopolitan - With the cryptocurrency exchange scheduled to report data on July 30, traders on prediction market platforms are wagering that Coinbase’s trading volume in the second quarter fell significantly below projections. Part of the reason the bets are getting attention is that the platforms that handle them have expanded significantly in the last 12 months. In...
cryptoDNES - Nigeria establishes the Virtual Asset Council (VAC) to unify crypto oversight, curb fraud, and attract institutional investors to Africa's largest market. The post Nigeria Unveils Major Crypto Reform and Virtual Asset Council appeared first on CryptoDnes EN.
Cryptopolitan - The Chinese robotics market had a blast in the first half of the year, with sales topping the rest of the world. Data released by the Ministry of Industry and Information Technology on Monday says Chinese quadruped robots accounted for nearly 70% of global sales in H1 2026. China has also now built 400 humanoid...
Cryptopolitan - A real German rail timetable has now been processed with a quantum system, giving the industry a test using railway data rather than a classroom example. IQM Quantum Computers (Nasdaq: IQMX) cooperated with Deutsche Bahn in running 190 train paths in five cities. This scheduling problem offered 98,500 combinations, making the task impossible to check...
Decrypt - Two consecutive weeks of inflows ended the worst sustained outflow streak in Bitcoin ETF history. Here's why patience may be required from investors.
Cryptopolitan - Alphabet (NASDAQ: GOOG) shares climbed roughly 3% after news emerged that Google is developing a new server chip, internally called Frozen v2, which is designed to run its Gemini AI models more efficiently. Class C shares closed at $346.12 on Friday, which put the intraday move at roughly $11 per share. According to reports, the...
Bitcoin.com - Galaxy Digital has agreed to pay roughly $75 million over 15 years to put its name on Texas Tech University’s football stadium. Texas Tech Athletics announced the deal on July 17, confirming that Jones AT&T Stadium will become Galaxy Stadium starting with the 2026 season. The agreement replaces AT&T’s naming rights, which expired in June […]
U.Today - Ripple Prime is rapidly positioning itself as the infrastructure backbone for "Wall Street 2.0," reporting a tripling of year-over-year revenues as institutional finance shifts toward 24/7 blockchain-powered operations. Ripple Prime is rapidly positioning itself as the infrastructure backbone for "Wall Street 2.0," reporting a tripling of year-over-year revenues as institutional finance shifts toward 24/7 blockchain-powered operations.
TheCurrencyAnalytics - Peter Brandt thinks Bitcoin’s bear market is almost done. And he’s willing to bet — publicly — that buying Bitcoin… Read the original on Peter Brandt Says Bitcoin Beats AI Stocks Over the Next 2-3 Years. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
CoinTelegraph - Bitcoin miners rallied as investors cheered multi-billion-dollar AI infrastructure contracts, underscoring the sector’s accelerating shift toward data centers and cloud computing.
Bitcoin.com - One year after the U.S. House passed the CLARITY Act to replace “regulation by enforcement” with clear rules, the bill remains stalled in the Senate due to banking opposition and partisan friction. Industry groups warn that stripping Section 604 will trigger First Amendment legal challenges and drive open-source developers out of the U.S. Political Headwinds […]
Cryptopolitan - Hut 8 signed another 15-year lease worth $9.8 billion on Monday to fill the remaining capacity at its 1-gigawatt Beacon Point data center campus in Texas, with the company’s shares rising by about 5% in premarket trading as a result. The lease is expected to cover 352 megawatts of capacity. The megawatt has become a...
TheCurrencyAnalytics - A suspected North Korean operative worked inside MetaMask’s core wallet code for roughly a month before getting caught. The developer,… Read the original on North Korean Developer Spent a Month Inside MetaMask’s GitHub Codebase. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
cryptoDNES - Bitmine now holds 4.8% of the total Ethereum supply, reaching 5.77 million ETH. The company's total crypto and cash assets have climbed to $11.5 billion. The post Bitmine Nears 5% Ethereum Supply Goal with $11.5B Portfolio appeared first on CryptoDnes EN.
Bitcoin.com - Russia’s State Duma is set to vote July 21 on a sweeping crypto bill that would legalize regulated trading and cross-border settlements while preserving the country’s ban on digital-asset payments at home, RBC reported on Monday. Duma Puts Crypto Framework on Final Track Draft law No. 1194918-8, “On Digital Currency and Digital Rights,” is scheduled […]
Decrypt - "The reduced pace of buys reflects that Bitmine repurchased 5.5 million common shares," Bitmine Chairman Tom Lee said in a statement.
U.Today - XRP daily trading volume jumps 61% to $1.96 billion as a massive liquidity inflow sparks talk of a potential 28% run toward the $1.42 average. XRP daily trading volume jumps 61% to $1.96 billion as a massive liquidity inflow sparks talk of a potential 28% run toward the $1.42 average.
Cryptopolitan - Ethereum’s validator exit queue has fallen to zero again this year, signaling that no existing stakers are unwilling to leave the network. The exit queue has been empty for three days now, between July 18 and 20th, according to on-chain data from ValidatorQueue. The data indicates there is currently no rush among Ethereum stakers to...
Decrypt - For the second consecutive week, Saylor's company sold MSTR stock instead of BTC to pad its reserves to $3.2 billion.
CryptoPotato - The following is a complete overview of Toobit, and a thorough guide on some of its most impactful features to look into in 2026.
U.Today - Ethereum's founder Vitalik Buterin continued sharing uncommon insights about the evolution of AI and its capabilities, this time believing AI is surpassing humans in more ways than we think. Ethereum's founder Vitalik Buterin continued sharing uncommon insights about the evolution of AI and its capabilities, this time believing AI is surpassing humans in more ways than we think.
CryptoSlate - The headline figure is gross notional for one capped spread, while $72,500 touch odds stood at just 4.1%. The post Bitcoin gets $2.5B target for $72,000 by August as unknown trader bets big on Fed rally appeared first on CryptoSlate.
Cryptopolitan - Andrew M. Cuomo, the former governor of New York, has joined OKX’s board of directors, formalizing an advisory relationship that started in 2023. Founder and CEO, Star Xu, backed up the exchange’s announcement on X on July 20. Xu wrote, “Governor Cuomo has been a thoughtful voice for OKX for years, and his move to...
CoinTelegraph - The Bitcoin miner raised its year-end AI cloud revenue target to more than $4 billion after signing $2.8 billion in new contracts with AI developers.
Cryptopolitan - Jeff Bezos has joined investors backing UK startup CuspAI in a funding round of about $450 million. Existing investor Temasek also participated, highlighting growing confidence that artificial intelligence can speed up one of the slowest and most expensive parts of technology development: discovering new materials for advanced semiconductors. This investment is an indicator of the...
U.Today - Bitmine corners 4.8% of the global Ethereum supply but slashes weekly ETH purchases to execute a massive $ billion stock buyback strategy. Bitmine corners 4.8% of the global Ethereum supply but slashes weekly ETH purchases to execute a massive $ billion stock buyback strategy.
BeInCrypto - Strategy raised $263.5 million from share sales without buying Bitcoin. See the trade-off MSTR investors now face. The post MicroStrategy Is Asking MSTR Investors to Make One Big Trade-Off appeared first on BeInCrypto.
99Bitcoins - Bloomberg Intelligence analyst Eric Balchunas maps Bitcoin's ETF trajectory against gold's 22-year roadmap. Here's what the $27.9 trillion gold market cap means for BTC price and key technical levels to watch now. The post Forbes Warns BTC USD Price Explosion Corellating with $27.9 Trillion Gold Prediction appeared first on 99Bitcoins.
99Bitcoins - Injective's SEC Form TA-1 isn't a token registration — it's a transfer agent bid to power tokenized securities on-chain. Here's what it means for INJ. The post Injective’s Form TA-1 Explained: The Transfer Agent Filing Reshaping INJ’s Future appeared first on 99Bitcoins.
Cryptopolitan - Zilliqa announced today, Monday, July 20, that an unspecified amount of ZIL tokens was stolen from the cold wallet of one of its exchange partners. Zilliqa wrote on its official X account that it had “been made aware of a security incident involving one of our exchange partners, in which ZIL was stolen from a...
CryptoPotato - There's an evident exodus from companies accumulating BTC and ETH in recent weeks.
CoinTelegraph - Strategy boosted its cash reserve to $3.225 billion after selling MSTR shares, while investors weighed the value of its STRC preferred stock.
cryptoDNES - Strategy pivots to active liquidity management, holding a record $3.2 billion cash reserve while maintaining its 843,775 BTC portfolio. The post Strategy Shifts Focus: Record $3.2B Cash Reserve Held appeared first on CryptoDnes EN.
Cryptopolitan - Four researchers, led by a National Tax Service investigator, are pushing for South Korea to rewrite its Criminal Procedure Act so prosecutors can actually take control of cryptocurrency that suspects hold in private wallets. The current law that South Korean tax officials are seeking to change leaves a gap big enough for a suspect to...
CryptoPotato - "The Drake Curse" was back in full force.
CryptoSlate - The current period cannot reach the 55% threshold, leaving one full ordinary window before enforcing nodes require bit 4. The post Saylor joins Bitcoin’s BIP-110 fight as miners get one last chance to avoid forced signaling appeared first on CryptoSlate.
Cryptopolitan - The biggest ASML story is no longer just its earnings—it is the growing belief that the company could become Europe’s first trillion-dollar company. It is expected to be driven by its dominant position in the AI semiconductor supply chain. ASML has increased its forecast revenue for 2026 to a range of between €43 billion and €45...
U.Today - XRP Ledger recovering in most important metrics, but it's not yet clear if price is going to follow. XRP Ledger recovering in most important metrics, but it's not yet clear if price is going to follow.
U.Today - Bitcoin accumulation has surged significantly among large wallet holders, while mid-sized holders are doing the opposite, aggressively selling off their holdings. Bitcoin accumulation has surged significantly among large wallet holders, while mid-sized holders are doing the opposite, aggressively selling off their holdings.
DailyHODL - Auckland, New Zealand, 20th July 2026, Chainwire The post Global Media Procurement: The 500-Year Yixing Zisha Teapots Paradigm appeared first on The Daily Hodl.
Decrypt - The Strategy chairman argued that the soft fork is a 'bad idea,' warning that it would cause more harm than the problem it aims to solve.
TheCurrencyAnalytics - U.S. spot Bitcoin ETFs just logged two straight weeks of net inflows. Total haul: $75.7 million. And yet Bitcoin’s price… Read the original on Bitcoin ETFs Pull $75.7 Million Over Two Weeks but Price Stays Flat. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
CoinTelegraph - Europe’s second-biggest Bitcoin treasury company said the September reverse stock split should attract more institutional investors to the French company.
CoinTelegraph - Russia’s State Duma is set to consider the crypto regulation bill in second and third readings, with rules for investors and cross-border payments included.
CoinTelegraph - Bitcoin preserved a key long-term trend line as support for a third week as US-Iran war tensions delivered new five-week highs in oil prices.
U.Today - DOGE co-founder defends Dogecoin's security as discussion around merge mining continues. DOGE co-founder defends Dogecoin's security as discussion around merge mining continues.
Atlas21 - When banks build custody infrastructure on Bitcoin, they replicate the fractional-reserve logic on the only asset with a mathematically fixed supply in history. The post The Trojan horse of institutional adoption appeared first on Atlas21.
DailyHODL - A leading senator has pressed for more transparency on cryptocurrency profits tied to the White House as lawmakers weigh new market rules. The post Sen. Warren Pushes Trump To Reveal All Crypto Profits After $1,400,000,000 Earnings Haul appeared first on The Daily Hodl.
TheCurrencyAnalytics - Crypto markets wrapped up a notably quiet weekend with little price movement and minimal narrative momentum heading into Monday. Bitcoin… Read the original on Quiet Weekend Leaves Crypto Markets Poised for Fresh Direction. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
CoinTelegraph - The Bank of Korea’s CBDC pilot will add two regional banks, new payment features and tests of government subsidy payments using tokenized bank deposits
DailyHODL - A major crypto exchange has introduced streamlined options contracts aimed at unlocking broader adoption in the derivatives space. The post Kraken Rolls Out Simpler Bitcoin and Ethereum Options to Grow Derivatives Market appeared first on The Daily Hodl.
DailyHODL - A Bitcoin address inactive since 2017 transferred its entire holdings worth about $383 million to a new wallet. The post Dormant Bitcoin Wallet Abruptly Moves $383,000,000 After Eight Years appeared first on The Daily Hodl.
U.Today - A major XRP Ledger (XRPL) upgrade could move one step closer to activation in about two weeks, as validators prepare to vote on a package of long-awaited amendments that would introduce batch transactions and confidential transfers. A major XRP Ledger (XRPL) upgrade could move one step closer to activation in about two weeks, as validators prepare to vote on a package of long-awaited amendments that would introduce batch transactions and confidential transfers.
TheCurrencyAnalytics - The United States launched airstrikes on Iranian targets near the Strait of Hormuz for the eighth consecutive night after recent… Read the original on U.S. Airstrikes Continue Amid Rising Tensions with Iran. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
CryptoPotato - A relatively light week lies ahead on the US economic calendar as investors look for signals ahead of the Federal Reserve’s next meeting.
Binance News - Binance announced on X that its wallet product updates for this week include several interface and trading changes. The wallet's finance section now includes a quicker feedback entry point and displays protocol audit information. The home page now supports customizable modules and adds a 30-day asset change curve. These updates are presented as part of the latest wallet experience changes. The announcement also says tokenized stocks now include market session and calendar trading status labels. In the app, limit orders now support ETH and Base. In addition, custom signals now support preset wallet groups.
Binance News - Leveraged funds have pushed short positions on the New Zealand dollar to a record high, betting that a recent rebound in global oil prices could intensify domestic economic pressure, according to Bloomberg. The move reflects growing bearish sentiment toward the kiwi as traders weigh the currency against the oil-led shift in global markets.
Binance News - According to Lianhe Zaobao citing Xinhua, Russian President Vladimir Putin met North Korean Foreign Minister Choe Son Hui at the Kremlin in Moscow on Sunday, July 19. The Russian presidential website said Putin thanked North Korea for helping Russia carry out its special military operation, while Choe conveyed North Korean leader Kim Jong Un's remarks on North Korea-Russia ties. Putin said he highly valued bilateral relations between Russia and North Korea and again thanked North Korea's leadership and people for their support. He also sent his warmest regards to Kim, and Choe said Kim had recently reaffirmed a strategic direction of fully developing North Korea-Russia relations. Russian Foreign Minister Sergei Lavrov and Kremlin aide Yuri Ushakov also attended the meeting.
Binance News - Far East Development's Dorsett Hospitality announced it completed the sale of the Silka Seaview student dormitory property to a JD.com affiliate on July 17, according to Ming Pao reported. Dorsett said it will continue to provide management services for the property under a three-year management contract.
Binance News - Wesfarmers announced an artificial intelligence partnership with Microsoft (MSFT.O). According to Jin10, the announcement said the two companies have reached the partnership.
Binance News - An address previously opened a long position of 57,000 SPCX, according to Onchain Lens. According to Odaily, the position was worth about $7.14 million and is currently showing more than $1 million in unrealized losses.
Binance News - China Reform Holdings said on Sunday night that entities linked to its subsidiary China Reform Investment Co. Ltd. have used more than RMB 50 billion in stock repurchase and shareholding increase refinancing loans and related funds to support market stability, according to Ming Pao reported.
Binance News - Boeing Commercial Airplanes Chief Executive Stephanie Pope said on July 19 that the company’s current focus is on increasing and improving aircraft production, rather than announcing new orders during the Farnborough Airshow. According to Jin10, Pope said Boeing has a strong order backlog and that market demand is not the current problem. Pope said Boeing will focus on listening to customer and supplier needs and advancing product improvements. She said raising production of the 737 and 787 series is crucial to restoring Boeing’s financial position. Boeing is assessing further increases in 737 MAX production, and after regulatory ...
Binance News - According to Jin10, Goldman Sachs analysts said gains that South Korean residents have made from the local stock market rally may provide only a limited boost to consumption. In a research report, they said this year's growth in household stock wealth could lift South Korean consumption by about 0.3% of GDP. They added that some of the modest gains may be offset by higher debt repayment costs as the Bank of Korea restarts its rate-hiking cycle, and that stock-return volatility and recent market pullbacks may lead residents to view stock-market gains as temporary, limiting the pass-through from stock wealth growth to consumption.
Binance News - Soybeans and corn futures extended gains as crude oil jumped after hostilities in the Middle East escalated, according to Bloomberg. The move boosted the appeal of biofuels as energy markets reacted to the worsening US-Iran tensions.
Binance News - Mainland China AI startup Moonshot AI released its next-generation model Kimi K3 on July 17, with performance in multiple industry benchmark tests said to be close to top models from OpenAI and Anthropic. Chinese AI stocks also came under pressure, with Zhipu (2513) falling more than 15% and MiniMax (0100) dropping over 10% to a record low, according to Ming Pao.
Binance News - Europe's diesel squeeze is set to deepen as a series of major supply challenges hit the market at once, Morgan Stanley said, according to Bloomberg. The bank cited record refining margins in the region and slumping stockpiles.
Binance News - According to Jin10, Morgan Stanley said Europe is facing a diesel supply squeeze as several major supply challenges emerge at the same time, refinery margins in the region have hit record highs, and inventories continue to decline. Analysts including Martyn Raetz said in a report on July 19 that Europe’s diesel inventories could fall to their lowest level in years by the end of the year, and that the real bottleneck in the oil system is refining rather than crude oil. They also said some African oil cargoes have not yet been sold and that forward prices in some market areas are showing a bearish trend.
Binance News - China’s Zhongji Innolight Co. is starting to gauge investor demand for a Hong Kong listing, according to terms of the deal seen by Bloomberg News. The move signals the company is exploring a share sale in the city, Bloomberg reported.
Binance News - Polymarket account "yamal19" made a single profit of $1.135 million by betting on Spain to win the Spain vs. Argentina World Cup final. According to Odaily, the account placed the bet on Spain winning the match.
Binance News - Kweichow Moutai Co. raised prices of its flagship Feitian Moutai spirit for the second time in several months as it seeks to lift margins, according to Bloomberg. The move comes as demand weakens for China’s biggest liquor maker.
Binance News - According to Yonhap, South Korea's bourse operator activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) on Monday after the index dropped sharply, with semiconductor stocks leading the decline. Program trading in KOSPI-listed shares was suspended for five minutes around 11:22 a.m., and the KOSPI was down nearly 4.25% as of 11:25 a.m. The fall came amid escalating tensions in the Middle East after a third member of the U.S. military died during a weekend of attacks between the United States and Iran. A sell-side sidecar is triggered when the KOSPI 200 Futures Index falls 5% or more for at least one minute.
Binance News - Shanghai Guoxin Chuangchuang Private Fund Partnership was recently established with registered capital of 6.002 billion yuan and a business scope covering private equity investments, investment management and asset management, according to 36Kr. The executive partner is Guoxin Chuangchuang (Shanghai) Investment Co. Ltd., and the partners include Shanghai Chuangchuang Private Fund Partnership, the Central Enterprise Strategic Emerging Industries Development Fund, and Guoxin Holdings (Shanghai) Co. Ltd.
Binance News - New Zealand meat exports jumped to a record in the second quarter as sales to the US surged 60%, according to Bloomberg. The increase comes as American cattle herds have shrunk and an invasive parasitic fly threatens some farmers.
Binance News - According to Jin10, Honda and GAC Group have renewed the GAC Honda Automobile joint venture agreement, extending their partnership to 2038.
Binance News - Mitsubishi UFJ currency analysts said in a research report that a rebound in oil prices may pressure Asian currencies. According to Jin10, the rebound comes as the geopolitical risk premium rises and tanker traffic through the Strait of Hormuz declines. The Thai baht and the Indian rupee have shown greater sensitivity to the oil price rebound and fell about 1% against the U.S. dollar last week. For the baht, downside risks remain dominant, especially as Thailand's balance of payments deteriorates.
Binance News - According to Yonhap, South Korea and Algeria have agreed to establish direct air services and designate traffic rights, the Ministry of Land, Infrastructure and Transport said Monday. The two countries signed an air services agreement in January 2005 that took effect in July 2009, but direct flights had not started because the traffic rights had not been negotiated. The sides agreed to assign traffic rights for up to four weekly passenger and cargo flights. South Korea currently has only one direct route to Africa, the Incheon-Addis Ababa service to Ethiopia, despite rising demand for intercontinental travel. A ministry official said the deal is expected to draw traffic to and from Algeria and also funnel transfer passengers from across Africa and some Mediterranean countries ...
Binance News - Chinese shares rose after last week’s rout as two major state funds disclosed fresh purchases and regulators prepared to meet key industry participants, according to Bloomberg. The rebound came after the market had tumbled last week, with the buying by the so-called national team helping support sentiment.
Binance News - Iran’s Revolutionary Guard used ballistic missiles to strike U.S. aircraft at Jordan’s Aqaba Airport, according to Jintou. According to ChainCatcher, the report said the aircraft were targeted at the airport in Aqaba, Jordan.
TheCurrencyAnalytics - Bitcoin isn’t moving much. And for some investors, that’s actually the point. Grayscale put out an analysis arguing that a… Read the original on Grayscale Says Bitcoin Covered Calls Could Hit 22% Yield in Flat Markets. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Binance News - Taiwan's retail investors unwound leveraged stock bets on Friday at the fastest pace since April 2025, helping push the local equity market into a technical correction, according to Bloomberg. The move signals a sharp pullback in risk-taking among traders in the market.
Binance News - According to Jin10, U.S. Secretary of State Marco Rubio said the United States remains open to resolving the Iran issue through diplomatic means.
Binance News - EQ Resources Ltd. shares surged after mining billionaire Andrew Forrest agreed to acquire a 16.8% stake in the Sydney-listed tungsten producer from Oaktree Capital Management LP, according to Bloomberg. The deal gives Forrest a larger holding in the tungsten miner, whose stock rose on the news.
Binance News - Meili Tianyuan Medical Health (2373) said it expects interim net profit of no less than RMB 235 million, up at least 37% from the same period in 2025, with revenue of no less than RMB 1.88 billion, up at least 28%, according to Ming Pao. The company also forecast adjusted net profit of no less than RMB 260 million, representing growth of at least 36% from the same period in 2025.
Binance News - According to CNBC, Jim Cramer said Wells Fargo has been building out its mergers-and-acquisitions and underwriting business under CEO Charlie Scharf, while J.B. Hunt reported a strong upside surprise this week and the SPDR S&P Biotech ETF is up more than 27% this year. He also said Stripe's offer to acquire PayPal shows consolidation could continue in fintech, while tech names including Microsoft, Amazon, Google, Intel, AMD and other data-center-related stocks have come under pressure.
Binance News - South Korea's central bank digital currency pilot project, the Hangang Project, is set to enter its second phase. According to Odaily, the Bank of Korea and commercial banks are making final preparations for real transaction tests of deposit tokens, with actual trading expected to begin as early as September if system development and participant recruitment are completed as planned. In the first phase of testing from April to June last year, 81,000 people participated through e-wallets and completed 114,900 transactions using deposit tokens. The first phase mainly examined the deposit token payment system, while the second phase will focus on commercialization. ...
Binance News - A mysterious whale created a new wallet 10 hours ago and bought $1.95 million worth of a bet on Spain winning the 2026 World Cup when the odds were 59.1%. According to Odaily, the whale won the wager and made a profit of $1.35 million within hours.
Binance News - According to Yonhap, the Bank of Korea raised its benchmark rate to 2.75% last week, the first increase in 3 1/2 years, as it moved to curb inflation driven by oil prices, geopolitical tensions and a weaker won. Consumer prices have stayed above 3% for two straight months, while the won has traded above 1,500 against the US dollar through much of the past month. The article said exports have hit record highs on a semiconductor boom, but the broader economy is under strain from nearly 2,000 trillion won ($US1.34 trillion) in household debt and rising borrowing costs. The BOK estimated that a 25 basis-point hike adds about 1.8 trillion won in annual interest expenses for ...
Binance News - A-shares linked to the Kimi concept strengthened, with Jiu'an Medical hitting the daily limit up, Runze Technology rising more than 6%, and shares of Sanqi Interactive Entertainment, Insa, AdFluence, and Zhewen Interactive among those also advancing. According to Jin10, media reports said Moonshot AI has sent an IPO proposal to investors and could complete a Hong Kong listing as soon as within six months.
Binance News - China is accelerating efforts to arrest a slump in its stock market, with two major state funds revealing fresh purchases and regulators set to meet with key industry participants, according to Bloomberg. The moves signal stepped-up official support for equities as authorities seek to shore up sentiment and limit further declines.