Cryptopolitan - A federal judge in New York has refused to throw out the core of Reddit’s copyright case against Perplexity AI. The fight is over how AI search engines harvest user posts and the ruling will set a precedent on whether anti-circumvention law can be used against companies that scrape content to feed AI answers. What...
Bitcoin.com - Strategy Inc. and Michael Saylor declared support for the CLARITY Act on July 31 as Senate lawmakers faced mounting pressure to advance comprehensive cryptocurrency rules. Their support connects the legislation with institutional adoption, market growth, and clearer protections for digital asset ownership. Strategy and Saylor Join the CLARITY Act Campaign Strategy Inc. (Nasdaq: MSTR) announced […]
CryptoSlate - The 0.20% sponsor fee applies after July 31, putting HODL level with BITB but one basis point above EZBC. The post The free ride for VanEck’s Bitcoin ETF is officially over after falling $1.4 billion short of growth target appeared first on CryptoSlate.
BeInCrypto - Analysts raised Amazon price targets to as high as $400 after AWS growth of 37% drove a 15% single day surge. The post Wall Street Rushes to Raise Amazon Targets After 15% Post-Earnings Stock Surge appeared first on BeInCrypto.
Bitcoin.com - Stand With Crypto claims advocates have contacted lawmakers one million times with seven days remaining before the August recess, while federal and state officials raise competing concerns over fraud protections, enforcement authority, and presidential conflicts. Million-Contact Campaign Intensifies Senate Pressure Stand With Crypto, a nonprofit crypto advocacy organization that mobilizes digital asset owners around legislation […]
Decrypt - The decision requires AI companies to license copyrighted music used to train models and generate songs, marking another legal win for music rights holders in Europe.
TheCurrencyAnalytics - FTX’s recovery trust just pushed out another $900 million to creditors. That’s the fifth round of distributions since the exchange’s… Read the original on FTX Recovery Trust Sends $900 Million to Creditors in Fifth Payout Round. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
U.Today - A newly surfaced poll circulated among Senate Democrats shows that 84% of Democratic primary voters view crypto-backed candidates unfavorably. A newly surfaced poll circulated among Senate Democrats shows that 84% of Democratic primary voters view crypto-backed candidates unfavorably.
BeInCrypto - Analysts cut Coinbase stock price targets after a third straight miss, yet most still tell clients to buy COIN. The post 3 Earnings Misses Later, Wall Street Will Not Give Up on Coinbase Stock appeared first on BeInCrypto.
DailyHODL - Situational Awareness offloaded most public equity holdings to Citadel amid heavy AI investment losses while retaining private stakes like Anthropic. The post Billionaire Ken Griffin’s Citadel Swoops In on AI Portfolio of Hedge Fund That Just Suffered Deep Losses: Report appeared first on The Daily Hodl.
Cryptopolitan - CEO of Tau Robotics, Alexander Koch, announced in an X post that the San Francisco startup has begun renting humanoid robots to clean people’s homes. The service would cost customers $30 an hour, even though the robots aren’t autonomous. Their hardware is made by Unitree, a Chinese manufacturer. However, the Trump administration has recently placed...
BeInCrypto - BlackRock clients bought $273 million in Bitcoin in two days while the average US spot ETF buyer sits 22% underwater. The post BlackRock Bitcoin Buying Rebounds as ETF Investors Sit 22% Underwater appeared first on BeInCrypto.
BeInCrypto - Quantum money could make forgery physically impossible and remove the last middleman from cash. Two experts explain how. The post Consensus Is the Last Middleman: The Case for Quantum Money appeared first on BeInCrypto.
Cryptopolitan - An unlicensed Dubai crypto exchange, Shelbit, moved at least $4 billion since May 2024 for Iranian gambling operators and sanctioned state entities, a series of investigations corroborated by Reuters revealed. The revelation makes it the latest crypto platform to be uncovered as a channel for moving money past sanctions by Tehran. Shelbit sits alongside Nobitex,...
U.Today - SBI Holdings claims that the token appears to be "waiting" for the outcome of the long-delayed U.S. CLARITY Act. SBI Holdings claims that the token appears to be "waiting" for the outcome of the long-delayed U.S. CLARITY Act.
CryptoSlate - The $1.4 million unsecured note repays principal in 2.2273 million shares, with no disclosed release mechanism or price floor. The post Dogecoin treasury firm borrowed $1.4M at 10.7% interest – promising repayment in CleanCore stock already pledged elsewhere appeared first on CryptoSlate.
CryptoPotato - A rapid unwind of yen-funded trades could trigger forced selling across markets, including cryptocurrencies.
CoinTelegraph - Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses.
DailyHODL - A former employee at Centennial Towers in Florida allegedly stole more than $10,600 in rent from elderly residents by depositing their money orders into personal accounts. The post Florida Woman Accused of Stealing $10,000+ From Seniors Meant for Rent: Report appeared first on The Daily Hodl.
TheCurrencyAnalytics - Circle just got a major regulatory stamp. The New York Department of Financial Services handed the stablecoin issuer a limited-purpose… Read the original on Circle Wins NYDFS Trust Charter as USDC Pushes Into Regulated Finance. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
99Bitcoins - FTX's fifth payout round sends $900M to creditors on July 31, pushing total recoveries toward $10B — but unverified claimants face a hard six-month deadline. The post FTX Creditors Near $10Bn Total Recovery as July 31 Distribution Approaches appeared first on 99Bitcoins.
cryptoDNES - Circle secures a New York trust charter from the NYDFS, strengthening USDC's regulatory framework alongside its federal OCC approval for institutional use. The post Circle Secures NYDFS Trust Charter for USDC Infrastructure appeared first on CryptoDnes EN.
BeInCrypto - The largest BTC wallets, aka the Bitcoin whales, started buying in late July. And a $233 million institutional inflow followed days later, a sequence that put big money on the bid just as Bitcoin entered the weakest month on its calendar. The turn stands out because August has closed red for four straight years. Whale The post Bitcoin Whales Scooped 40,100 BTC Worth $2.6 Billion in Nine Days appeared first on BeInCrypto.
TheCurrencyAnalytics - The UK’s Financial Conduct Authority just dropped a pretty significant reform package for equity markets. It’s not a minor tweak… Read the original on FCA Pushes 18-Month Timeline for UK Equity Consolidated Tape After Bond Tape Hits 1.6 Million Subscriptions. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
U.Today - Former Barclays CEO Bob Diamond has backed the long-awaited Clarity Act, arguing that the landmark crypto bill would ultimately strengthen the banking sector. Former Barclays CEO Bob Diamond has backed the long-awaited Clarity Act, arguing that the landmark crypto bill would ultimately strengthen the banking sector.
Decrypt - OFAC sanctioned two Iranian firms including Hormuz Safe, which “accepts payment in Bitcoin and other digital assets.”
Cryptopolitan - Amazon’s Zoox won federal clearance on Thursday to start charging passengers for rides in robotaxis that have no steering wheel and no pedals. With this approval from the National Highway Traffic Safety Administration (NHTSA), Jeff Bezos has scored a win over Elon Musk in the race to put driverless cars on city streets. Has Zoox...
BeInCrypto - Roblox stock fell 14% after weak guidance. Child safety rules and age checks slowed user growth despite a revenue beat. The post Roblox Stock Sinks Nearly 14% After-Hours as New Child Safety Measures Weigh on Outlook appeared first on BeInCrypto.
Cryptopolitan - The firm behind the leading USDC stablecoin, Circle (NYSE: CRCL), opened Friday with news that the New York Department of Financial Services (NYDFS) has granted it a limited purpose trust charter for its USDC stablecoin business. On the surface, the approval adds a new notch to the regulatory belt that Circle is stretching across the...
CryptoSlate - Counts I–V survived against four Binance entities and Changpeng Zhao, but the trust still must prove and collect. The post Judge lets FTX recovery trust chase Binance for $1.76 billion over a 2021 share buyback appeared first on CryptoSlate.
TheCurrencyAnalytics - Senators Thom Tillis and Ruben Gallego sent revised ethics guidelines to the White House, a direct attempt to break a… Read the original on Tillis and Gallego Send White House a Crypto Ethics Fix to Unlock 60 Votes. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
CoinTelegraph - The European Central Bank proposed accessibility standards for its planned digital euro app, saying it would be one of several ways users could access basic digital euro services.
cryptoDNES - A Reuters probe reveals how the Shelbit network moved billions via crypto and illegal gambling to bypass Iranian sanctions, involving Binance and the IRGC. The post Shelbit Network Exposed: $4 Billion Crypto Sanctions Dodge appeared first on CryptoDnes EN.
Decrypt - A proposed $4.8 billion AI data center near Mammoth Cave National Park has sparked a legal battle that could test how far local governments can go to slow the industry's rapid expansion.
CoinTelegraph - The New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state banking law.
CoinTelegraph - The Japanese yen crosses a key psychological level after the country’s central bank reportedly conducted a major currency intervention.
U.Today - XRP is printing a new peak that might become the key push needed for the underlying assets to move up. XRP is printing a new peak that might become the key push needed for the underlying assets to move up.
Cryptopolitan - Indian authorities have stirred up international drama with their decision to build a criminal case against the local head of Mark Zuckerberg’s Meta (NASDAQ: META), Arun Srinivas. The Hyderabad cybercrime police named Srinivas as part of its investigation into allegedly doctored videos and images of Prime Minister Narendra Modi that users circulated on their platforms...
Decrypt - Plus, BTC is red this morning despite $233M in ETF inflows yesterday; and NY State is trying to shut down Kalshi and seeking $36B in damages
TheCurrencyAnalytics - Real-world asset perpetual futures are basically knocking on Bitcoin’s door. Over a single week, RWA perps generated $61.7 billion in… Read the original on RWA Perpetual Futures Hit $61.7B in a Week, Closing In on Bitcoin Volume. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
DailyHODL - President Trump signals a shift toward greater oversight of artificial intelligence development following recent security lapses at OpenAI. The comments come amid revelations that advanced models escaped containment during testing and compromised external systems. The post President Trump Weighs New AI Controls After OpenAI Model Goes Rogue appeared first on The Daily Hodl.
99Bitcoins - Strategy raised $8.4B and grew Bitcoin holdings 11% in Q2 2026, even as accounting losses dominated headlines. Here's what MSTR holders should watch. The post MicroStrategy Q2 2026: Bitcoin Accumulation Accelerates Despite Accounting Loss appeared first on 99Bitcoins.
CoinTelegraph - Situational Awareness retained about $10 billion in assets, including its Anthropic stake, after reportedly selling leveraged public stock positions to Ken Griffin’s Citadel.
Bitcoin.com - Coinbase Global (Nasdaq: COIN) captured an all-time-high 10.3% share of global crypto trading volume in the second quarter, even as the exchange posted a $359 million net loss on revenue that missed Wall Street estimates. Market Share Climbs for a Third Straight Quarter Coinbase disclosed the milestone in its second-quarter 2026 earnings release yesterday, calling […]
U.Today - BlackRock has made another Bitcoin purchase after taking a temporary pause on its frequent buying activity as ETF demand appears to be returning. BlackRock has made another Bitcoin purchase after taking a temporary pause on its frequent buying activity as ETF demand appears to be returning.
Cryptopolitan - Google says AI tools helped fix 1,072 Chrome security bugs across two June releases and surfaced a sandbox flaw hidden in the code for 13 years.
CryptoPotato - New York has filed a lawsuit against Kalshi, accusing it of operating illegal gambling products without a state license.
Cryptopolitan - Crypto activity accelerated in July, though without a corresponding rise in liquidity.
CoinJournal - Bybit’s new simulator previews both Dual Asset settlement outcomes clearly. Redesigned interface reduces steps needed to compare terms and place orders. VIP-tier products with enhanced APR rates open to all users every Friday. Bybit said on Friday that it had upgraded its Dual Asset product with a new investment simulator, a simplified interface and broader […] The post Bybit adds simulator, unlocks VIP crypto yields for all in Dual Asset upgrade appeared first on CoinJournal.
U.Today - Evernorth Holdings reveals multi-million dollar executive payouts and 50% target bonuses in SEC Form S-4 filing ahead of its historic XRPN Nasdaq listing. Evernorth Holdings reveals multi-million dollar executive payouts and 50% target bonuses in SEC Form S-4 filing ahead of its historic XRPN Nasdaq listing.
DailyHODL - Jackson County, Missouri, has reached a proposed class-action settlement to return about $250 million in property tax overpayments from 2023 and 2024 assessments that exceeded the state's 15% cap. The post $250,000,000 Settlement To Be Handed Out to Hundreds of Thousands of Residents in One Missouri County: Report appeared first on The Daily Hodl.
Cryptopolitan - The BoJ held its benchmark rate at 1% on July 31, an outcome every economist surveyed had expected after June's hike to a 31-year high.
Cryptopolitan - According to the finance ministry of South Korea, it will set up a sovereign wealth fund worth more than 20 trillion won ($14 billion) on Friday to invest in strategic and advanced industries. It gives South Korea some new financial leverage at a time when various investments in AI infrastructure are on the verge of...
U.Today - Coinbase shares slid about 7% in after-hours trading after the largest U.S. cryptocurrency exchange reported second-quarter results that missed Wall Street expectations. Coinbase shares slid about 7% in after-hours trading after the largest U.S. cryptocurrency exchange reported second-quarter results that missed Wall Street expectations.
TheCurrencyAnalytics - Cynthia Lummis is angry. The Republican senator from Wyoming openly expressed her criticisms on Thursday during the “Crypto in America”… Read the original on Lummis Criticizes Democrats for Stalling Crypto Clarity Vote in Senate. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
TheCurrencyAnalytics - Ondo Finance’s token is moving. Open interest shot up 16% in a single 24-hour window, per Coinalyze data, and traders… Read the original on Ondo Finance Open Interest Jumps 16% in 24 Hours as Traders Bet on Breakout. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
TheCurrencyAnalytics - Coinbase missed. By a lot. The exchange pulled in $1.22 billion in Q2 revenue — a 14% drop from the… Read the original on Coinbase Posts $359M Loss and Misses $1.29B Revenue Bar in Q2. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
TheCurrencyAnalytics - Bhutan’s Gelephu Mindfulness City just handed a chunk of its Bitcoin treasury to 3iQ. The Canadian digital-asset manager will oversee… Read the original on Gelephu Taps Canadian Firm 3iQ to Manage Its 10,000-Bitcoin Treasury. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
TheCurrencyAnalytics - Elon Musk recently claimed that 90% of the world’s population could have a financial incentive to move to Spain. This… Read the original on Elon Musk Claims 90% of Global Population May Relocate to Spain. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Binance News - Hang Seng Index futures opened the day session up 0.68% at 26,044 points, with the premium at 194 points. According to Jin10, the contract opened higher at 26,044 points and a premium of 194 points.
Binance News - Egypt unlocked about $1.8 billion in financing after clearing the penultimate review of its expanded International Monetary Fund program, according to Bloomberg.
Binance News - Senator Cynthia Lummis said Senator Josh Hawley was “very resistant,” according to a Fox Business crypto reporter on X. Hawley did not vote for the GENIUS Act and is expected not to support the CLARITY Act, though discussions with his office are still ongoing. According to Odaily, other Republican resistance appears to stem from banking industry concerns over the bills’ stablecoin yield provisions. The Fox Business crypto reporter said an industry source noted yesterday that, because of banking lobbying pressure and some Republican concerns, the yield provisions are expected to be adjusted at least in part before the bill goes to a full ...
Binance News - According to Korea's Financial Supervisory Service, foreign investors net sold 49.336 trillion won of South Korean listed shares in June, marking a sixth straight month of net selling. They net sold 50.979 trillion won on the KOSPI market and net bought 1.643 trillion won on the KOSDAQ market. Foreign investors had net sold 47.019 trillion won in May, which had already set a record, and June’s figure set a new one. Year to date through June, foreign investors have net sold 116.3563 trillion won, more than 10 times last year's full-year net selling of 11.768 trillion won. Despite the heavy selling, the balance of listed shares held by foreign investors rose to 2,908.639 trillion won at the end of June, up 56.3 trillion won from the previous month, while their share of market ...
Binance News - India’s strawberry industry is trying to reduce its dependence on imported varieties from the US and Europe as growers and researchers test new farming methods and breeding techniques, according to BBC. Around 85% of India’s strawberry cultivation is in Mahabaleshwar in western India, where farms benefit from a cool climate and well-drained soil, but the crop remains vulnerable to heavy rain and cyclones. Mahatma Phule Krishi Vidyapeeth has partnered with the Bhabha Atomic Research Centre on a breeding experiment using low-dose gamma irradiation to develop India’s first indigenous, climate-resilient strawberry cultivar. Large growers ...
Binance News - Thames Water chief executive Chris Weston said the company’s leakage and pollution targets are “not realistic”, as the UK’s largest water supplier faces criticism over sewage spills, leaks and its future ownership, according to BBC. Weston said Thames wants “to do better”, but argued some commitments are not achievable even with more investment. He backed a rescue plan from lenders that would write off about £9bn of debt, inject new investment and give the government a “golden share” with veto powers over major decisions. Thames was fined a record £122.7m by regulator Ofwat last year for breaching sewage spill rules, and Weston said a temporary nationalisation through special administration could leave taxpayers funding the company. Ofwat said the targets ...
Binance News - Airbus reported first-half revenue of 33.2 billion euros, up 12% year on year, and net profit of 2.24 billion euros, up 47%, while adjusted EBIT rose 24% to 2.7 billion euros, according to Jiemian News. The company booked 886 gross commercial aircraft orders in the period, with net orders of 821 after cancellations, nearly double the 402 net orders a year earlier. Boeing also reported first-half results a day earlier, with revenue up 11% to $46.78 billion and net loss narrowing to $435 million from $643 million a year earlier. Jiemian News reported that about 358 of Airbus's 821 net orders came from Chinese airlines. Airbus said its commercial aircraft backlog reached 9,222 ...
Binance News - BMW Group reported first-half 2026 revenue of 62.266 billion euros, down 8% year on year, and said full-year automotive deliveries are expected to edge lower while group pre-tax profit is expected to fall sharply. In the second quarter, revenue declined 7.9% to 31.259 billion euros and pre-tax profit fell 35.1% to 1.697 billion euros, according to Jiemian News. Tesla said on July 30 that its 10 millionth electric vehicle had rolled off the production line. Separately, Mercedes-Benz USA will recall 310,667 vehicles in the U.S. after the National Highway Traffic Safety Administration said corrosion in a driver-side door lock microswitch could prevent the system from detecting ...
Binance News - China Galaxy Securities said the "six networks" are a key infrastructure foundation for implementing China’s technology strategy and are expected to advance more quickly. The six networks are the water network, new-type power grid, computing network, next-generation communications network, urban underground pipeline network and logistics network. According to Jiemian News, the computing network, next-generation communications network and new-type power grid are closely tied to the technology sector. The brokerage said the computing network, a key infrastructure element in the AI era, would link computing facilities nationwide into one network to enable cross-regional and cross-industry dispatch and support large-model training and inference. It said ...
Binance News - Vale reported second-quarter net revenue of $10.5 billion versus analyst estimates of $10.43 billion. Net profit was $1.38 billion, below analyst expectations of $1.97 billion. Capital expenditures rose 7.1% year on year to $1.13 billion, while pro forma EBITDA came in at $4.07 billion, above estimates of $3.81 billion, according to 36Kr. The company also approved a dividend of BRL 2.03 per share for shareholders.
Binance News - Amazon raised its full-year capital spending outlook to $220 billion after the market close on Thursday, U.S. Eastern time. CEO Andy Jassy said on an investor call that even at that level of investment, compute supply would still not fully meet all customer demand in 2026, and the company expects a supply gap again in 2027. He added that the amount of compute orders already booked by customers for 2028 is "very impressive," according to 36Kr.
Binance News - Amazon.com, Microsoft and Alphabet's aggressive AI spending plans suggest demand for chips and related equipment will stay strong, according to Bloomberg. The outlook offered some relief to a sector that has been battered in recent days.
Binance News - South Korean stocks climbed a record 15% on Friday, recovering from steep losses earlier in the week as major technology firms' spending plans renewed optimism around the artificial intelligence trade, according to Bloomberg.
Binance News - Bhutan’s Gelephu Mindfulness City has appointed Canadian digital asset manager 3iQ to manage a mandate backed by part of its Bitcoin reserves. According to Odaily, the size of the allocation was not disclosed. Under the arrangement, 3iQ will manage some of the Bitcoin set aside to support Gelephu’s development, and the company plans to establish a long-term presence locally, invest in local talent, and provide training and knowledge transfer. Bhutan said in 2025 that it would allocate up to 10,000 Bitcoin from national holdings to support GMC. The parties did not disclose the amount under management, custody arrangements, or whether the mandate allows lending, ...
Binance News - Bhutan’s Gelephu Mindfulness City has appointed Canadian digital-asset manager 3iQ to oversee a mandate backed by part of its Bitcoin treasury as the special administrative region develops a digital-asset investment hub. Under the partnership, 3iQ will manage an undisclosed portion of the Bitcoin allocated to support Gelephu’s development, while also establishing a long-term presence in the city, investing in local talent and providing training and knowledge transfer. According to Cointelegraph, the agreement follows Bhutan’s December 2025 announcement that up to 10,000 Bitcoin from the country’s national holdings ...
Binance News - Data compiled from HKEX Disclose's Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect holding records showed that on the previous trading day, with holding date July 30, 2026, China Construction Bank (0939) recorded the largest increase in holdings, up 81.367 million shares. SenseTime-W (0020) saw the largest decrease, down 24.577 million shares, according to Ming Pao.
CoinTelegraph - 3iQ will manage an undisclosed portion of Gelephu Mindfulness City’s Bitcoin treasury as Bhutan develops a digital-asset investment hub.
Binance News - According to Yonhap, South Korean stocks opened sharply higher Friday, with the benchmark Korea Composite Stock Price Index (KOSPI) jumping 727.42 points, or 13%, to 6,320.98 as of 9:15 a.m. on strong gains in semiconductor shares after an overnight rally on Wall Street, led by Microsoft’s stronger-than-expected second-quarter report. The bourse operator activated a buy-side sidecar for the KOSPI at 9:06 a.m., suspending five-minute program trading for KOSPI-listed shares after the market’s steep declines in the previous three sessions. Samsung Electronics rose 20.77%, SK hynix gained 22.69%, Hanmi Semiconductor advanced 23.21% and Samsung Electro-Mechanics climbed 29.81%. The Korean won was ...
Binance News - Tokyo Electron shares rose 13%. According to Jin10, the move was reported in the Japanese stock market.
Binance News - Jiect Smart (301248.SZ) has set off market attention with a procurement plan for IT equipment worth up to Rmb10 billion, after lifting the budget more than 15-fold from 13 months earlier, according to Jiemian News. The company said the purchase would help expand its cloud computing business, but it did not disclose detailed business forecasts, customer contracts or order support for the Rmb10 billion equipment plan. Jiemian News reported that Jiect Smart's 2025 revenue was Rmb852 million, including Rmb127 million from its AI and cloud computing core computing business and Rmb291 million from AI and security, while traditional digital solutions ...
Binance News - According to CNBC, South Korea's SK Hynix and Samsung Electronics surged more than 20% in Seoul on Friday, while LG Innotek advanced 11.2% and Seoul Semiconductor rose 7.8%, as chip stocks tracked a sharp rally in U.S. technology shares after strong earnings from Amazon and Microsoft. The rebound reversed part of this week's sell-off, which had hit semiconductor names on concerns over high AI valuations and rising competition from Chinese memory chipmakers. The iShares Semiconductor ETF (SOXX) climbed more than 8% overnight after investors returned to AI-linked chipmakers on stronger-than-expected cloud results from the two U.S. companies. Amazon gained more than 9% in extended trading after second-quarter revenue topped analysts' estimates, driven by strength in its ...
Binance News - Australia’s S&P/ASX 200 opened up 76.50 points, or 0.85%, at 9,044.20 on July 31. According to Jin10, the index was up 76.50 points at the open.
Binance News - According to Yonhap, South Korea's Korea Exchange (KRX) activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) on Friday after the index surged on tech gains. Program trading for KOSPI-listed shares was halted for five minutes at 9:06 a.m. soon after the market opened, and the KOSPI was up 11.05 percent as of 9:07 a.m. A buy-side sidecar is triggered when the KOSPI 200 Futures index rises 5 percent or more for at least one minute.
Binance News - Australian pension fund Cbus Super is reducing its exposure to domestic stocks and shifting toward global and emerging markets, becoming the latest institutional investor to trim its reliance on a concentrated local bourse, according to Bloomberg. The move underscores a broader reallocation away from Australia’s home market as large investors look for wider diversification.
Binance News - Unions representing workers at BHP Group’s Port Hedland operations in Western Australia are threatening rolling 24-hour strikes next week, escalating a labor dispute at the world’s largest iron ore export hub, according to Bloomberg. The stoppages would affect the key iron ore export port, raising the risk of disruption at a major supply point for the miner.
Binance News - South Korean stocks climbed by a record on Friday, rebounding from steep losses earlier this week as major technology firms' spending plans refueled optimism in the artificial intelligence trade, Bloomberg reported. The benchmark Kospi soared as much as 15% to its highest level in about a month. SK Hynix jumped a record 28%, aided by a rare direct share purchase from SK Group Chairman Chey Tae-won, while memory-chip peer Samsung Electronics rose as much as 26%. The gains were fueled by regulatory support at home and bullish reports on the AI buildout overseas, Bloomberg said, after the index tumbled 17% over the previous three sessions on worries about rising debt at the world's biggest tech ...
Binance News - Japan's top foreign exchange official Jun Miura said he is always ready to take appropriate action. According to Jin10, he made the remark without providing further details.
Binance News - According to CNBC, Amazon shares rose more than 9% in extended trading after the company reported better-than-expected revenue and cloud growth for the second quarter. Revenue in Amazon's cloud segment expanded 37% year over year, surpassing Wall Street's expectations for 31% growth and marking the unit's fastest growth in 18 quarters. Apple shares fell more than 4% in volatile after-hours trading as investors parsed its earnings report; the company posted stronger-than-expected revenue for the fiscal third quarter, driven by a 22% increase in iPhone sales. Rivian Automotive shares rose nearly 2% after the electric vehicle maker reduced its 2026 spending plans and slightly narrowed its previously forecasted losses for the year, while reconfirming a previously ...
Binance News - CITIC Securities said convertible bond investing has become significantly more difficult this year because weaker underlying shares and elevated valuations have coincided. According to Jiemian News, the equal-weight index of stocks linked to convertible bonds has fallen about 3.7% since the start of the year, weighing on equity returns, while the convertible bond index has still posted a small positive return, supported mainly by higher premium rates and the resilience of lower-priced issues. Since July, convertible bonds have shown strong downside resistance. Growth benchmarks such as the ChiNext Index and the STAR 50 Index have fallen sharply, ...
Binance News - Lei Jun appeared at Xiaomi's Pengcheng technology launch event on the evening of July 30 and announced that Xiaomi Auto has formally entered the range-extended hybrid vehicle segment, unveiling the Kunlun technology architecture and two new range-extended smart SUV models, the N90 and N70. According to Jiemian News, industry experts said Xiaomi Auto is facing dual pressure from meeting its annual sales target and maintaining profitability in carmaking, while Huawei, ByteDance and other tech giants are also expanding their auto businesses through deeper cooperation with vehicle makers as competition in China's cross-industry car market moves into a second phase.
Binance News - Japan's preliminary year-on-year industrial production for June rose 4.2%, above the expected 3.20% and the previous -2.10%. According to Jin10, the figure was the initial reading.
Binance News - Japan's Finance Minister Satsuki Katayama said she is always ready to respond to foreign exchange markets with a strong sense of urgency. According to Jin10, she made the remarks on the foreign exchange market.
Binance News - Nexus Data Centers is in advanced talks to raise about $15 billion for an AI data center project in Texas that will serve Anthropic, with Google providing financing guarantees and supplying chips, according to 36Kr. Google has agreed to back several billion dollars of Anthropic's related commitments if the company fails to meet lease and power payment obligations. The guarantee covers four data center leases signed by Anthropic, as well as a power purchase agreement tied to an on-site plant. In return for supporting the project, Google is expected to receive about a 20% stake in the data center and power project. Anthropic also plans to deploy tensor processing unit chips co-designed by Google and Broadcom, with chip purchases to be financed through a separate ...
Binance News - Japan's Finance Minister Satsuki Katayama declined to comment on potential foreign exchange intervention. According to Jin10, she made the remark in response to questions about the yen.
Binance News - According to Yonhap, South Korea plans to launch a new sovereign wealth fund next year with a budget of at least 20 trillion won ($14 billion) to make long-term investments in cutting-edge and strategic industries. The Finance Ministry said the fund will be set up through a new account under Korea Investment Corp. to tap the state-run firm's global investment network, and it will focus on open-ended investments with no maturity date. State-run lenders, including the Korea Development Bank, the Export-Import Bank of Korea and the Industrial Bank of Korea, will contribute 16 trillion won, while about 4 trillion won in shares accepted as inheritance and gift tax ...
Binance News - Japan's jobs-to-applicants ratio was 1.18 in June, compared with 1.17 expected and 1.17 previously. According to Jin10, the reading exceeded forecasts.
Binance News - Japan's July Tokyo CPI rose 2% year on year, above the expected 1.80% and the previous 1.70%. According to Jin10, the reading compared with a prior 1.70%.
Binance News - South Korean stocks posted a record intraday gain, boosting Asian shares as investors renewed bets on the artificial intelligence trade after this week's rout, Bloomberg reported. The Kospi Index surged an intraday record 17%, with chip majors SK Hynix and Samsung Electronics both soaring at least 20%. Japan's Nikkei 225 rose more than 5%, lifting the regional MSCI Asia Pacific gauge almost 4%. The yen weakened 0.7% to 160.57 per dollar, giving back some of Thursday's intervention-driven gains. The advance followed the biggest gain in over a year for a Wall Street chip index, according to Bloomberg, after Amazon rose 9.5% on accelerating cloud revenue and Microsoft surged 16% post-earnings, adding roughly $450 billion in ...
Binance News - Japan's June unemployment rate will be released in 10 minutes.
Binance News - According to Yonhap, South Korea's industrial output rebounded in June from a month earlier, rising 2.3% and ending two straight months of declines as the automobile and semiconductor industries led the recovery. Retail sales and facility investment also increased, marking the first time since March that all three indicators rose together. Output in the mining and manufacturing sector climbed 6.4%, with automobile production up 15.4% and semiconductor output up 4.5%, after chips had fallen 10% in May. The ministry said hybrid cars and memory chips drove the gains, while electronic components output dropped 10.4%. Service-sector output rose 0.7%, ...
Binance News - China’s largest fully electric SUV is climbing the nation’s sales charts, giving Nio Inc. a boost to its finances and bucking the broader downturn in the auto sector, according to Bloomberg.