HODLTicker
62020
Bitcoin ETF hopes rise with $79B futures market; miners use 12% BTC as collateral; Ripple secures major partnership.
DOJ Reportedly Warns of Binance Cooperation Shift
BeInCrypto - The US Department of Justice (DOJ) reportedly warned prosecutors to expect reduced cooperation from Binance in cryptocurrency investigations, according to The Information. The reported internal memo suggests investigators may face stricter legal requirements when seeking account freezes and asset seizures. Binance, however, has strongly denied making any changes to its law enforcement cooperation policies. DOJ The post DOJ Reportedly Warns of Binance Cooperation Shift appeared first on BeInCrypto.
XRP and Ripple USD Cross 1-Million AI Milestone: Inside the New Agent Economy on XRPL
U.Today - XRP Ledger clears 1 million automated transactions, confirming a massive surge in AI utility for XRP and RLUSD. XRP Ledger clears 1 million automated transactions, confirming a massive surge in AI utility for XRP and RLUSD.
Bitcoin’s ETF comeback is relying on a $79B futures market betting the rebound holds
CryptoSlate - Futures volume is running far ahead of spot demand, making absorption the next test for BTC's recovery. The post Bitcoin’s ETF comeback is relying on a $79B futures market betting the rebound holds appeared first on CryptoSlate.
Kalshi Takes New York Gambling Fight to Second Circuit Over Sports Contracts
TheCurrencyAnalytics - What happened Kalshi went back to court. The prediction market platform filed an appeal with the Second Circuit after a… Read the original on Kalshi Takes New York Gambling Fight to Second Circuit Over Sports Contracts. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Report: Paradigm Raises $1.2 Billion as AI Funding Outpaces Crypto Deals in 2026
Bitcoin.com - Paradigm has closed a $1.2 billion fund built to chase artificial intelligence and robotics deals outside its crypto roots. Bloomberg’s Rebecca Torrence reported the news on July 8, 2026, describing the vehicle as the venture firm’s third fund. Matt Huang and Fred Ehrsam founded Paradigm in 2018. Huang previously worked as a partner at Sequoia […]
Indian tax authorities back RBI in calls to throttle crypto trade
Cryptopolitan - India’s Income Tax Department has thrown its weight behind the Reserve Bank of India’s push to restrict cryptocurrencies, citing widespread underreporting and the difficulty of tracing offshore trades, according to government documents reviewed by Reuters. The documents, dated May and June, show the central bank restating a position it has held for years. The RBI...
Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins
CryptoSlate - Its June update shows why headline Bitcoin holdings can be harder to read when coins are collateral, receivables, restricted balances, or already tied to treasury trades. The post Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins appeared first on CryptoSlate.
Zcash Founding Scientist Challenges Bitcoin’s 21 Million Cap
BeInCrypto - Zcash founding scientist Eli Ben-Sasson challenges Bitcoin's 21 million cap, pitching a 4% annual issuance rate. The post Zcash Founding Scientist Challenges Bitcoin’s 21 Million Cap appeared first on BeInCrypto.
Russia’s amended crypto bill to permit wider use of coins in payments
Cryptopolitan - Authorities in Russia are now ready to relax restrictions on cryptocurrency payments and allow the exchange of one cryptocurrency for another. That’s according to the latest amendments to the “digital currency” bill greenlighted to advance further ahead of the September deadline for adoption. Russian law to permit crypto payments for securities Russia’s long-awaited draft law...
Bitcoin Moving Average Signal Flashes Again, Speculators Watch for Confirmed Bottom
TheCurrencyAnalytics - Bitcoin is flashing a familiar pattern. A moving average derivative — the same one that marked the floor of the… Read the original on Bitcoin Moving Average Signal Flashes Again, Speculators Watch for Confirmed Bottom. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
ChangeNOW x Guarda Case Proof – a Wallet Doesn’t Need to Become an Exchange
Bitcoin.com - Executive Summary Guarda Wallet launched in 2017 as a self-funded, non-custodial Android wallet built from scratch for a single chain. To grow beyond storage, its users needed to swap, buy, and stake inside the app — without Guarda becoming an exchange or building the infrastructure one demands. The team integrated ChangeNOW’s API as its exchange […]
New Vanguard job posting could decide how crypto reaches 50 million investors
CryptoSlate - Vanguard posted a Head of Digital Assets, Personal Wealth role on July 6, with openings in Dallas, Scottsdale, Charlotte, and Malvern. The posting asks the incoming executive to lead digital assets strategy, build a multi-year roadmap, and run enterprise execution across Vanguard's wealth business. Two years earlier, the same firm refused to list spot Bitcoin […] The post New Vanguard job posting could decide how crypto reaches 50 million investors appeared first on CryptoSlate.
Vitalik Buterin Warns EU Chat Control Threatens Cybersecurity for Everyone
BeInCrypto - Vitalik Buterin warns the EU Chat Control revival threatens crypto security as MEPs force a new message-scanning vote. The post Vitalik Buterin Warns EU Chat Control Threatens Cybersecurity for Everyone appeared first on BeInCrypto.
Kansas to Feature XRP Patches in Historic NCAA Deal for Ripple
U.Today - Kansas Athletics signs a historic 5-year deal with Ripple to put XRP patches on all game uniforms starting Fall 2026. Kansas Athletics signs a historic 5-year deal with Ripple to put XRP patches on all game uniforms starting Fall 2026.
India crypto tax filings lag trading activity: Report
CoinTelegraph - India’s tax department reportedly found that fewer than a quarter of the 645,000 people who made crypto transactions reported them on tax returns.
Kazakhstan president signs decree to accelerate crypto adoption
CoinTelegraph - Kazakhstan targets gas-powered electricity for mining, income tax exemptions for regulated crypto transactions and cross-border stablecoin payments in a new decree signed by the president.
Ripple Lands Major XRP Partnership as Garlinghouse Shares Rare Personal Moment
CryptoPotato - XRP's logo will appear on countless jerseys in the US.
Nexo bets big on Argentina with crypto card launch and new country chief
CoinJournal - Nexo Card launches in Argentina with debit and credit modes for crypto users. Andres Ondarra will lead Nexo Argentina as General Manager from August 1. Buenos Aires is being positioned as Nexo’s regional hub for Latin America. Nexo has launched its crypto debit-and-credit card in Argentina, marking a deeper push into one of Latin America’s […] The post Nexo bets big on Argentina with crypto card launch and new country chief appeared first on CoinJournal.
Nexo debuts card in Argentina, names new GM as part of commitment to Buenos Aires as LATAM regional hub
Cryptopolitan - Nexo, the premier digital assets wealth platform, today launched the Nexo Card in Argentina, timed with the appointment of Andres Ondarra as General Manager, Nexo Argentina. These two milestones mark the next stage of Nexo’s growth in a market where digital asset adoption runs deeper than almost anywhere else — the highest share of any...
Bitcoin Falls to $62,000 as Trump’s Iran Ceasefire Comments Rattle Markets
Bitcoin.com - Bitcoin fell to $62,103 early Wednesday, down $1,208, or 1.91%, after sellers rejected a run at $64,169 during the prior 24 hours and after President Trump said the ceasefire with Iran is on shaky ground. The pullback has left the daily chart cautious, the shorter timeframes thin on volume, and the indicator board split between […]
BTC speculators in focus as analysis says 'textbook Bitcoin bottom' is underway
CoinTelegraph - Analysis flagged a Bitcoin moving average derivative that last triggered at the end of the 2022 bear market as BTC price action returned to its reversal zone.
BloFin Research: Bitcoin, One More Flush Before The Bottom
BeInCrypto - Bitcoin’s June 2026 low near $58,000 does not meet the on-chain conditions that marked prior cycle bottoms. The floor sits below realized price, near $54,000, over a horizon that extends into Q4 2026. Bitcoin fell to roughly $57,950 on July 1, 2026, its lowest level in about 21 months, and closed June down near 20%. The post BloFin Research: Bitcoin, One More Flush Before The Bottom appeared first on BeInCrypto.
Strategy CEO Defends Corporate Pivot With 10% Bitcoin Holdings Boost
U.Today - Phong Le countered critics as Strategy doubled its YTD BTC yield to 7.8% and grew cash to $2.55 billion. Phong Le countered critics as Strategy doubled its YTD BTC yield to 7.8% and grew cash to $2.55 billion.
Lyn Alden says Bitcoin needs no savior as Strategy sells $216M of BTC
CoinTelegraph - Bitcoin-focused macroeconomist Lyn Alden said BTC must stand on its own as Strategy sold 3,588 BTC, while warning about leverage risks tied to STRC.
This App Wants Bitcoin Payments to Feel Like Sending a Text
BeInCrypto - DataReportal’s 2026 mid-year report found 93.6% of online adults use chat apps or messenger platforms each month. WhatsApp users open the app more than 20 times per day on Android and spend an average of 59 minutes per day inside the app. Payments have followed the same mobile pattern. The World Bank’s Global Findex 2025 The post This App Wants Bitcoin Payments to Feel Like Sending a Text appeared first on BeInCrypto.
Kalshi’s New York loss widens a court split headed for the Supreme Court
Cryptopolitan - A federal judge in Manhattan refused to shield Kalshi from New York’s gambling laws on Tuesday, deepening a split among US courts over who regulates prediction markets and pushing the fight closer to the Supreme Court. The decision matters because federal appeals courts now disagree on the central legal question, and that kind of divergence...
Musk’s SpaceXAI and Cursor Set to Launch First Joint AI Model as Soon as Wednesday
Bitcoin.com - Elon Musk’s SpaceXAI and code editor Cursor plan to release their first jointly built AI model as soon as Wednesday, according to an internal memo. Preparing For Launch, No Pun Intended SpaceXAI, the artificial intelligence (AI) arm of Elon Musk’s SpaceX, is preparing to release its first jointly developed AI model with Cursor as soon […]
Japanese Firms Are Boosting BTC and XRP Holdings – SBI VC Trade Reveals Why
CryptoPotato - SBI VC Trade reported rising institutional demand for BTC and XRP as Japanese firms adjust treasury strategies amid continued yen weakness.
OKX Founder Confirms New Authorization in Europe
U.Today - OKX's founder has confirmed that the exchange will expand its services to European users, offering regulated commodity and equity derivatives. OKX's founder has confirmed that the exchange will expand its services to European users, offering regulated commodity and equity derivatives.
Coinbase Wins UK Licence to Sell Stocks Alongside Crypto Under One Login
CoinPaprika - Coinbase has secured a UK investment services authorisation, a MiFID licence that lets it offer equities and derivatives alongside crypto. UK retail users will be able to trade stocks on the platform for the first time.
XRP Is Set for a 16% Breakout, but Only if the Market Leader Behaves
BeInCrypto - The XRP price is trading near $1.09, and its chart is quietly turning bullish. A classic reversal pattern is taking shape just as selling volume fades and Bitcoin, the coin XRP still tracks, holds firm. That mix hints at a possible double-digit breakout. The catch is that XRP’s fate stays tied to the market leader. The post XRP Is Set for a 16% Breakout, but Only if the Market Leader Behaves appeared first on BeInCrypto.
Bitcoin miners have until 2027 to prove they deserve power on America’s overloaded grid
CryptoSlate - Bitcoin miners are facing a real-world test of their ability to improve the electricity grid. The US Energy Information Administration projects electricity consumption will climb from 4,195 billion kilowatt-hours in 2025 to 4,269 billion in 2026 and 4,399 billion in 2027. The agency ties the increase to AI data centers, cryptocurrency operations, and broader electrification, […] The post Bitcoin miners have until 2027 to prove they deserve power on America’s overloaded grid appeared first on CryptoSlate.
Kalshi files same-day appeal of NY court's rejection of bid to block state gambling law enforcement
CoinTelegraph - Kalshi appealed to the Second Circuit after a New York federal judge denied its request to block state gambling officials from enforcing local laws against its sports event contracts.
MediaFuse expands beyond crypto with AI-optimized TechnologyWire launch
CryptoSlate - MediaFuse, the company behind crypto press release distribution platform Chainwire, has launched TechnologyWire, a new newswire service designed for technology companies seeking visibility across major media outlets, search engines, and AI-powered discovery platforms. The launch marks an expansion of MediaFuse’s sector-specific distribution strategy beyond crypto and blockchain into the wider technology market. TechnologyWire is aimed […] The post MediaFuse expands beyond crypto with AI-optimized TechnologyWire launch appeared first on CryptoSlate.
Polymarket Switches on Instant Bitcoin Lightning Deposits, Cutting 60-Minute Waits to Under a Second
Bitcoin.com - Polymarket, the world’s largest prediction market, has enabled instant bitcoin deposits over the Lightning Network, with new rails powered by the Spark protocol crediting funds in under one second. Opening up New Avenues Polymarket has switched on instant bitcoin deposits via the Lightning Network, a payments layer built on top of the Bitcoin network (powered […]
OpenAI’s GPT-5.6 cleared for launch after U.S. security review delayed release
Cryptopolitan - OpenAI will be releasing its latest version, GPT-5.6, this Thursday, after the U.S. government compelled it to postpone the release earlier this month due to security concerns. According to a source, the U.S. Department of Commerce has approved the launch of this product, though initially only government-sanctioned organizations had access to it. The green light...
Bitcoin ETFs draw $500M but weak demand leaves rebound exposed
CryptoSlate - US spot Bitcoin exchange-traded funds drew nearly $500 million across the last two trading sessions, giving traders their first clear fund-flow rebound in weeks even as several market gauges continued to show weak demand for the top digital asset. The US ETF products took in $221.72 million on July 2, ending a 10-session outflow streak […] The post Bitcoin ETFs draw $500M but weak demand leaves rebound exposed appeared first on CryptoSlate.
Vaneck: Saylor’s Strategy Sold $135 Million in Bitcoin Without Tapping Its $1.25 Billion Monetization Program
Bitcoin.com - Vaneck Head of Digital Assets Research Matthew Sigel says the roughly $135 million in bitcoin Strategy sold last week did not draw down the company’s $1.25 billion BTC Monetization Program, leaving that capacity fully intact. On Strategy’s Side, Somewhat Strategy Inc.’s (Nasdaq: MSTR) latest bitcoin sales did not count against the company’s previously announced $1.25 […]
Nvidia challenges Intel and AMD in $200B CPU market
Cryptopolitan - Nvidia has engaged itself in entering the market for data center CPUs, a domain that was previously dominated by companies like Intel and AMD and is currently valued at $200 billion. The company has already acquired its first customer in the form of Perplexity, which will be among the first companies to adopt Nvidia’s new processor,...
Zcash price forecast: ZEC surges 4%, targets new weekly high
CoinJournal - Key takeaways Zcash (ZEC) climbed more than 4% after developers announced progress toward proving its new privacy system is free from undetectable counterfeiting vulnerabilities. Project Tachyon is close to completing a mathematical verification of Zcash’s upcoming Ironwood shielded pool. Zcash’s native token ZEC surged more than 4% on Wednesday after developers announced they are close […] The post Zcash price forecast: ZEC surges 4%, targets new weekly high appeared first on CoinJournal.
Ethereum’s treasury boom now has one company nearing 5% of supply
CryptoSlate - The company is 95% of the way to its 5% target, pushing the debate from another treasury update into supply, staking, and equity-market exposure. The post Ethereum’s treasury boom now has one company nearing 5% of supply appeared first on CryptoSlate.
French Trust Bitcoin Over Stocks for Savings, Study Reveals
TheCurrencyAnalytics - Bitcoin surpasses stocks. This is the central finding of a study conducted by Bitstack, the French crypto platform, in collaboration… Read the original on French Trust Bitcoin Over Stocks for Savings, Study Reveals. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
ZEC Briefly Tops $500 After Founder Says Formal Proof Is Nearly Ready
CryptoPotato - Following Orchard's hidden bug, Zcash said Ironwood's formal verification is close to proving it has no undetectable counterfeiting bugs.
Trump Ordered a Bitcoin Reserve 16 Months Ago. It Still Doesn't Exist.
CoinPaprika - The White House is still deciding how to build a U.S. strategic bitcoin reserve 16 months after President Trump ordered one, with the Treasury and Commerce departments competing to run it. The federal government already holds more than 300,000 bitcoin worth about $21 billion.
EU to again vote to extend ‘chat control’ rules
CoinTelegraph - So-called “chat control” rules could be revived in the EU, with lawmakers again set to vote on the legislation Thursday.
Binance Hunts for West Africa General Manager as Crypto Race Heats Up
TheCurrencyAnalytics - Binance wants a General Manager for West Africa. The role went public July 6, posted through Binance Africa’s social media… Read the original on Binance Hunts for West Africa General Manager as Crypto Race Heats Up. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
GEOPOLITICS | U.S. Strikes Iran, Revokes Oil Waiver in New Threats to Ceasefire
Binance News - Bloomberg reported that the US carried out a new round of strikes in Iran targeting more than 80 sites and revoked a waiver allowing new sales of its oil, further imperiling a peace agreement after a series of attacks on ships in the Strait of Hormuz. American forces struck Iranian air defense systems, command and control networks, coastal radar sites, anti-ship missile capabilities, and more than 60 Islamic Revolutionary Guard Corps small boats. US Central Command described the strikes as an immediate response to Tehran's latest attacks on commercial vessels. The US military said the latest American attacks had been concluded. Kuwaiti air ...
Swyftx eyes crypto payments after securing Australian license
CoinTelegraph - Swyftx interim co-CEO Andrea Yuen says the company "won’t be a pure crypto spot exchange in future,” after it secured a license allowing it to offer payment services.
MediaFuse Rolls Out TechnologyWire, Bringing Tech Press Releases to Both Search Engines and AI Systems
DailyHODL - MediaFuse, the company that runs the crypto and tech-focused press release service Chainwire, is moving into the wider technology industry with the launch of TechnologyWire. The new distribution network is built specifically for tech-sector announcements and forms part of MediaFuse’s growing distribution network, which includes Chainwire, CyberNewsWire, GamingWire and FinanceWire. MediaFuse CEO Nadav Dakner says […] The post MediaFuse Rolls Out TechnologyWire, Bringing Tech Press Releases to Both Search Engines and AI Systems appeared first on The Daily Hodl.
SEC targets July for first formal crypto rule under Atkins
Cryptopolitan - US Securities and Exchange Commission’s 2026 Regulatory Agenda is scheduled to release its first crypto rule proposal in the month of July under the chairmanship of Paul Atkins. Known as Regulation Crypto, the rule would exempt early-stage crypto projects from securities registration for up to four years, permit capped fundraising, and establish a safe harbor...
Bitcoin’s August 2026 Dual Forks Put 4,500-Word BIP-110 Debate Front and Center
TheCurrencyAnalytics - Two forks. One month away. And the Bitcoin community can’t agree on much. August 2026 is shaping up to be… Read the original on Bitcoin’s August 2026 Dual Forks Put 4,500-Word BIP-110 Debate Front and Center. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Meta’s Muse Image pulls public Instagram photos into AI unless users opt out
Cryptopolitan - On July 7, Meta unveiled Muse Image, which is the first independent image generation model from Meta Superintelligence Labs (MSL). The new image generation capabilities are already incorporated into the Meta AI app, Instagram, and WhatsApp. Facebook and Messenger will gain the same feature in the coming weeks. Interestingly, a new default setting will enable...
Kraken Wins $22 Million Arbitration Award Against Audit Firm Mazars
TheCurrencyAnalytics - Kraken got $22 million. The crypto exchange walked away from arbitration with a significant award against Mazars, the accounting firm… Read the original on Kraken Wins $22 Million Arbitration Award Against Audit Firm Mazars. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
New Hampshire Eyes $100M Bitcoin Bond Deal Needing Governor Ayotte’s Sign-Off
TheCurrencyAnalytics - New Hampshire lawmakers sat down this week to hash out something pretty unusual: a $100 million bond proposal backed not… Read the original on New Hampshire Eyes $100M Bitcoin Bond Deal Needing Governor Ayotte’s Sign-Off. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
STOCKS | Ondo Perps Reports $100 Million Trading Volume Within 24 Hours of Public Test Launch
Binance News - Ondo Perps said it recorded $100 million in trading volume within 24 hours of launching its public test, with thousands of traders participating since the test began. According to Foresight News, the platform is built on Ondo Finance technology and is described as the first to let users use tokenized stock and ETF holdings directly as collateral for perpetual futures. The service is offered to non-U.S. investors and provides leverage of up to 20x. It includes exposure to assets such as TSLA (Tesla), NVDA (Nvidia), and AAPL (Apple).
Oil Price Rise Pushes Up Asia-Pacific Government Bond Yields as U.S.-Iran Tensions Reignite
Binance News - Asia-Pacific government bond prices fell as oil prices rose. According to Jin10, two strategists at OCBC Group Research said in a research note that the latest rise in oil prices “reminds people that inflation risks, expectations of tighter central banks, and pressure on terms of trade could quickly re-emerge.” The strategists said the oil-price increase came as concerns resurfaced over renewed U.S.-Iran tensions after Washington revoked waivers for Iranian oil sales following attacks on three vessels in the Strait of Hormuz. ...
PRECIOUS METALS | Gold Holds Steady After Fresh US Strikes in Iran Cloud Rate Outlook
Binance News - Gold traded in a narrow range as investors looked for clues on the Federal Reserve’s outlook for interest rates, according to Bloomberg. Renewed US airstrikes on Iran added to concerns that energy prices and inflation could rise again, complicating the rate outlook.
STOCKS | China A-Share Indexes Open Higher
Binance News - China's A-share market opened higher. According to Jin10, the Shanghai Composite Index rose 0.16% at the open, the Shenzhen Component Index gained 0.29%, and the ChiNext Index climbed 0.52%.
S&P Dow Jones Puts Turkey on Watchlist for Possible Frontier-Market Cut
Binance News - S&P Dow Jones Indices put Turkey on a watchlist for a potential cut to its frontier-market status, according to Bloomberg. The move follows a similar warning from MSCI Inc. about possible downgrades.
Starbucks India Rival Blue Tokai Targets Tripling Store Count in Four Years
Binance News - Blue Tokai, a specialty coffee roaster and one of Starbucks Corp.’s strongest competitors in India, aims to more than triple its store network over the next four years, betting on a booming market even as competition intensifies, according to Bloomberg.
Justin Sun Says BitTorrent Has Completed the BTTC Bridge Sunset Program
Binance News - Justin Sun said the BitTorrent team has completed the BTTC Bridge Sunset Program, ending the BTTC cross-chain bridge. According to ChainCatcher, Sun wrote on X that the team will shift its focus toward decentralized AI and maintaining the BitTorrent decentralized protocol. Sun added that funds remain safe and that users can continue depositing and withdrawing funds related to the BTTC Bridge through cooperating centralized exchanges.
Ethereum Nears $2,000 as Bitmine Buys ETH and Robinhood Launches Layer 2
TheCurrencyAnalytics - Ether is closing in on $2,000. Two separate catalysts hit the market in quick succession — Bitmine bought a significant… Read the original on Ethereum Nears $2,000 as Bitmine Buys ETH and Robinhood Launches Layer 2. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Ethereum Foundation Developer Relations Member Sophia Dew Says This Week Is Her Last Full-Time Week
Binance News - Ethereum Foundation developer relations member Sophia Dew said this week will be her final week working full time for the Ethereum Foundation. According to Foresight News, Dew announced the decision in a social media post. Dew said she has been active in the Ethereum ecosystem over the past four years. She added that she remains optimistic about Ethereum’s future, describing it as one of the most powerful and closely connected ecosystems to date.
Snapmaker Completes 1 Billion Yuan Funding Round
Binance News - Snapmaker, a consumer 3D-printing company, has completed a new funding round totaling 1 billion yuan. According to Jin10, the round was led by Cathay Capital, with participation from TAL Education Group’s strategic investment arm. Existing shareholders also increased their commitments, including Meituan’s strategic investment arm, Meituan Longzhu, Hillhouse Ventures, and Shunwei Capital, among others. Gaohu Capital served as the exclusive financial adviser. The report said this was one of the largest single consumer-hardware financings since 2025, and the ...
SpaceX Seeks FCC Approval for 100,000-Satellite Gen3 Constellation
Binance News - SpaceX has formally applied this week for approval from the U.S. Federal Communications Commission (FCC) to launch and operate a third-generation (Gen3) satellite constellation comprising 100,000 satellites, according to Jiemian News. The filing said the Gen3 system would be deployed across two thin, tightly stacked orbital shells, with nominal altitudes of 323 to 327.5 kilometers and 473 to 477.5 kilometers. SpaceX described the constellation as a communications infrastructure designed to support very low-latency, multi-gigabit symmetric uplink and downlink throughput for government, enterprise and consumer users, as well as billions of AI-driven devices.
CITIC Securities: Meta Compute Leasing Plan Not a Sign of AI Compute Oversupply
Binance News - CITIC Securities said news that Meta Platforms is considering leasing out part of its computing capacity has reignited market concerns about an AI compute glut, contributing to sharp volatility in tech stocks, according to Jiemian News. The brokerage said the selloff also reflects worries that have built up in recent months, including cash-flow pressure at cloud providers, uncertainty over the sustainability of upstream price increases, slowing capex growth and crowded AI trades. CITIC Securities argued Meta’s move is mainly aimed at improving utilization of older existing compute assets and does not conflict with its continued ...
GEOPOLITICS | Oil Rises, Asian Stocks Steady After US Strikes Iran
Binance News - Oil prices rose and Asian stocks were little changed as investors weighed the implications of renewed geopolitical tensions for energy supplies and broader risk assets, according to Bloomberg.
SK Hynix Turns Higher Intraday After Falling as Much as 5%
Binance News - SK Hynix reversed course to trade higher during the session after earlier falling as much as 5%. According to Odaily, the stock turned positive intraday following the earlier decline.
Parataxis Ethereum Buys 1,050 ETH, Raising Holdings to 10,449 ETH
Binance News - Parataxis Ethereum said it purchased an additional 1,050 ETH, bringing its total Ethereum holdings to 10,449 ETH. According to NS3.AI, the KOSDAQ-listed company said the latest purchase maintains Parataxis Ethereum’s position as Asia’s largest corporate holder of ETH. The company also said it ranks as the 13th largest corporate holder globally based on its total ETH holdings.
Xiaomi Auto Names New Product Line Skynomad
Binance News - Xiaomi Auto announced that its new product series will be named Skynomad. According to Jin10, Xiaomi Auto’s official Weibo account posted a poster themed “Skynomad,” explaining that “Sky” refers to the sky and “Nomad” refers to a nomad. The poster also displayed the Xiaomi brand logo.
Saudi Aramco Cuts August Arab Light Crude Prices for Asia as Brent Slides
Binance News - Saudi Aramco, the world’s largest oil producer, sharply cut its official selling price for August Arab Light crude to the Asian market on July 6 to attract Asian buyers, as geopolitical risk concerns eased and Brent crude fell, 36Kr reported. The report said the Strait of Hormuz has gradually resumed navigation, while international thermal coal prices have returned to pre-conflict levels. Several international institutions were cited as bearish on oil prices in the second half of the year, with Citi forecasting Brent could fall to $60 a barrel by year-end.
AI TRENDS | OpenAI Chief Futurist Joshua Achiam Says He Will Leave the Company This Month
Binance News - OpenAI Chief Futurist Joshua Achiam said he will leave the company this month after nearly nine years there. According to Jin10, Achiam wrote on social media that he will depart the company where he has worked for almost nine years.
Vanguard Opens Search for Digital Assets Leader in Sign of Evolving Crypto Strategy
Binance News - Vanguard has opened a search for a head of digital assets, a senior role to oversee strategy for cryptocurrencies and blockchain initiatives. The position would cover tokenization, stablecoins and other areas, according to CoinDesk, and includes building a multi-year roadmap, governance and risk frameworks, and evaluating whether to build capabilities in-house, partner or delay entry. Vanguard, which oversees roughly $10 trillion, began softening its stance in December by allowing brokerage clients to trade crypto ETFs and mutual funds, while maintaining it has no plans to issue its own crypto products.
U.S. SEC to Propose Crypto Rule as Soon as This Month to Ease Startups, Fundraising
Binance News - The U.S. Securities and Exchange Commission is set to propose a new crypto rule as soon as this month that would ease securities compliance for crypto startups and fundraising, according to CoinDesk, citing an updated SEC agenda. The proposal, dubbed “Regulation Crypto,” would create temporary exemptions from registration for developers launching crypto investment contracts, permit a certain amount of fundraising, and establish a safe harbor for issuers reducing managerial efforts over a security. The agenda lists the rule for July and says it remains under review at the White House Office of Information and Regulatory Affairs.
China Tungsten Stocks Swing as 65% Wolframite Concentrate Falls to 455,000 Yuan per Tonne
Binance News - Shares of China-listed tungsten companies have seen sharp volatility as tungsten concentrate prices pulled back, with the Wind Tungsten Mining Index down 4.84% at the July 7 close after a 6.73% drop in the previous session, according to Jiemian News. China Tungsten Online data showed that 65% wolframite concentrate was priced at 455,000 yuan per standard tonne on July 7, down 56.7% from its recent high and 1.1% lower than at the start of the year; some companies have also cut long-term contract product quotes for the first half of July.
CITIC Securities Sees Q2 Net Profit Up 31% QoQ for Sample Coal Miners
Binance News - CITIC Securities forecasts that net profit for the coal-listed companies in its tracked sample rose about 31% quarter-on-quarter in the second quarter of 2026, and increased about 19% year-on-year in the first half of 2026, with coking coal and anthracite producers expected to show greater earnings elasticity, according to Jiemian News. The brokerage said coal prices have eased in the short term but it expects seasonal demand to support price gains, and projects the supply-demand balance to keep improving in the third quarter amid supply contraction, which it said would be positive for coal prices and further sequential earnings growth in the sector.
Zhongtai Securities: Tech Still the Key Theme as July Earnings Windows Open
Binance News - Zhongtai Securities said the disclosure window for July interim earnings pre-announcements and results from major overseas companies is approaching, and it expects more short-term opportunities in equity markets that could improve overall profitability for investors, according to Jiemian News. The brokerage said market leadership could broaden within the tech theme while non-tech sectors may see a bottoming recovery in parallel. Zhongtai Securities added that the tech rally is not yet over. Its multi-asset team said it modeled major cloud providers’ capital expenditure against the total market capitalization of tech hardware, and found that pricing of core ...
Netflix, Disney and YouTube Eye U.S. Rights for 2030 and 2034 World Cups
Binance News - Netflix, Disney and YouTube are interested in bidding with Fox for U.S. broadcast rights to the 2030 and 2034 FIFA World Cups, and Amazon and Apple may also join the process, according to Jiemian News. People familiar with the matter said FIFA is expected to begin negotiations with potential media partners within the next three months. In earlier preliminary talks this year, FIFA told media companies that U.S.-market English- and Spanish-language rights are likely to be sold as a single package, rather than separately as in past tournaments including the 2026 World Cup. Executives at media companies are said to be budgeting $1.5 billion to $2.0 billion per tournament for the combined U.S. rights package.
Coffee Trader ECOM Seeks to Expand Specialty Weather Insurance for Vietnam Growers
Binance News - Major coffee trader ECOM Agroindustrial Corp. is pushing for a fivefold increase in the number of growers covered by its specialty weather insurance in Vietnam, where the industry depends on thousands of smallholder farmers increasingly exposed to climate risk, according to Bloomberg.
PRECIOUS METALS | Japanese Government Bonds Fall as Oil Prices Rise and Yields Climb
Binance News - Japanese government bonds fell in early Tokyo trading, tracking an overnight decline in U.S. Treasury prices. According to Jin10, the latest rise in oil prices may be weighing on Japanese government bond prices, as it could intensify inflation in Japan and prompt the Bank of Japan to accelerate its pace of interest-rate hikes. A Nomura foreign exchange research analyst said a strong 30-year government bond auction on Tuesday failed to push Japanese government bond yields lower. The analyst added that the government may need to provide clear guidance on the market impact of its fiscal policy to restore investor demand for long-term ...
Thailand Targets Heat-Weary Europeans With Rainy-Season Travel, Air Conditioner Exports
Binance News - Thailand is marketing rainy-season vacations to Europeans as hotter weather boosts demand for cooling, while also exporting more air conditioners, according to Bloomberg.
Australian Dock Workers Seek 28-Hour Week in DP World AI Talks
Binance News - Australian dock workers are demanding a 28-hour workweek with no loss of pay as port operator DP World seeks to expand the use of artificial intelligence and automation at its terminals, according to Bloomberg.
STOCKS | CICC Sees Upside in Express Delivery and Tanker Shipping, Watches Airline Cost Relief
Binance News - CICC said China’s transportation sector fell 16.5% in the first half of 2026, underperforming the broader market by 24.0 percentage points. According to Jin10, a CICC research note said performance diverged across sub-sectors, with oil tanker shipping outperforming the broader market by 30.6 percentage points, while other segments lagged. CICC said airlines underperformed the broader market by 39.2 percentage points as oil prices rose in the second quarter. Dividend-oriented roads, railways, and ports underperformed by 24.5 percentage points and 20.1 percentage points, ...
SpaceX AI Plan May Launch New Model on Cursor Platform as Early as Wednesday
Binance News - SpaceX’s AI plan may launch a new model on the Cursor platform as early as Wednesday. According to Odaily, the rollout could take place as soon as Wednesday via the Cursor platform.
SK Hynix Shares Set to Begin Nasdaq Trading on July 10 Under Ticker SKHYV
Binance News - SK Hynix is expected to begin trading on the Nasdaq Global Select Market on July 10 under a pre-issuance trading format, using the ticker symbol SKHYV. According to Odaily, the ticker is expected to change to SKHY on July 13, when trading is set to shift to the regular format. All settlements for pre-issuance trades are expected to take place on July 14.
CITIC Securities CICC: Container Freight Rates Seen Peaking Then Easing in H2 2026
Binance News - A research note by China Securities Co., Ltd. (CITIC Securities) and China International Capital Corp. (CICC) said the container shipping market saw stronger-than-expected gains in both volumes and prices in the first half of 2026, while freight rates are expected to peak at elevated levels and then decline in the second half, according to Jiemian News. The note cited near-term downside pressure from easing Middle East tensions, falling oil prices and a post-frontloading demand gap, while saying the medium- to long-term rate “center” may remain relatively high. It added that supply-side pressure could rise as large numbers of new vessels are delivered from 2027 to 2029, with the pace of Red Sea route normalization a key variable, and warned that ...
Iran Says U.S. Strike in Southern Sirik Injures Several; President Pezeshkian Leaves Iraq
Binance News - Iran said on July 8 local time that a U.S. military strike on Sirik in southern Iran injured several people, according to Jiemian News. The report said Iranian President Masoud Pezeshkian, who had arrived in Najaf, Iraq, hours earlier, has left Iraq and is heading back to Tehran.
China’s NFRA Data: 2,332 Insurer Branches Exited Market in H1 2026
Binance News - Data from China’s National Financial Regulatory Administration (NFRA) financial license disclosures show that 2,332 insurance company branch institutions exited the market in the first half of 2026, while only 21 new insurer branches were approved for establishment, for a net reduction of 2,311, according to Jiemian News. Interviewees cited insurers’ cost-cutting and efficiency drives, faster digital transformation, and ongoing channel restructuring as key reasons for shrinking offline branch networks, and said the trend of branch closures, mergers and optimization is expected to continue.
JPMorgan Analyst Flags Hurdles to Potential Tesla-SpaceX Merger, Sets Tesla Target at $475
Binance News - JPMorgan analyst Rajat Gupta said speculation about a potential merger between Tesla and SpaceX may be underestimating obstacles that could block a deal, according to Jiemian News. Gupta said a combination could allow CEO Elon Musk to align the two companies’ vision, mission and engineering leadership, with shared AI ambitions potentially serving as a strategic link. However, he cited potential hurdles including multi-jurisdiction regulatory approvals, governance and voting-right symmetry, and perceptions that the transaction would be a SpaceX-led acquisition rather than a merger of equals. JPMorgan said that if a deal were to occur, the most likely structure would be a SpaceX-led, all-stock acquisition of Tesla, which Gupta said could help bridge valuation differences ...
Japan’s May Current Account Surplus Misses Expectations
Binance News - Japan’s seasonally unadjusted current account surplus was 396.83 billion yen in May, compared with an expected 412.13 billion yen. According to Jin10, the previous reading was 390.78 billion yen.
Southern Iran Returns to Normal in Several Areas, Report Says
Binance News - Several areas in southern Iran have returned to normal, Iranian sources said. According to Jin10, Iranian sources said on July 8 (local time) that the situation in Bandar Abbas, Sirik, and Qeshm Island was normal.
U.S. Official Says Trump Approved Iran Strike Plan During NATO Summit in Turkey
Binance News - A U.S. official said U.S. President Donald Trump approved a plan for strikes against Iran while attending a NATO summit in Turkey and ordered it to be carried out today. According to Jin10, the official said it remains unclear how long the strike operation will last.
WORLD CUP | Switzerland Beat Colombia 4-3 on Penalties to Reach Quarterfinals
Binance News - Ruben Vargas converted his penalty as Switzerland advanced to the World Cup quarterfinals with a 4-3 shootout win over Colombia after a scoreless draw on Tuesday, according to Yahoo Sports. Davinson Sanchez hit the crossbar with his attempt for Colombia, and Switzerland goalkeeper Gregor Kobel saved a penalty by Cucho Hernandez. Switzerland will next face defending champion Argentina on Saturday at Arrowhead Stadium in Kansas City, Missouri, after Argentina defeated Egypt 3-2 earlier in the day. Switzerland were without injured midfielder Johan Manzambi, who was hurt in training on Monday, while Vargas came off the bench in stoppage time at ...
Japan Government May Revise Monetary Policy Wording in Annual Plan
Binance News - Japan’s government may tweak a reference to monetary policy in its annual policy agenda to avoid giving the appearance it is putting pressure on the central bank, according to Bloomberg, citing the Asahi newspaper.
Nigel Farage Resigns as MP Over Multimillion-Dollar Crypto Donor Ties
TheCurrencyAnalytics - Farage is out. The Reform UK leader announced his resignation as a Member of Parliament during a livestream on social… Read the original on Nigel Farage Resigns as MP Over Multimillion-Dollar Crypto Donor Ties. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Anthropic to Lease 16-Story Manhattan Office, Plans to Double New York Staff to 1,000
Binance News - U.S. artificial intelligence company Anthropic said on July 7 that it will lease a 16-story office building at 330 Hudson Street in Manhattan, and plans to double its New York headcount to 1,000 this year, according to Jiemian News. The company said its New York office was already its largest location outside its San Francisco headquarters before the expansion.
Shanghai Crude Futures Rise 2.82% to 451.8 Yuan/Barrel in Night Session
Binance News - Shanghai International Energy Exchange (INE) crude oil futures rose 2.82% in night trading to 451.8 yuan per barrel, according to Jiemian News. The most-active Shanghai gold contract gained 0.08% to 906 yuan per gram, while the most-active Shanghai silver contract fell 0.70% to 14,855 yuan per kilogram.
Samsung Starts Mass Production of Storage Drives for Nvidia’s Vera Rubin
Binance News - Samsung Electronics Co. has begun mass production of its most advanced data center storage drive that is set for use in Nvidia Corp.’s upcoming Vera Rubin platform, according to Bloomberg.
WORLD CUP | England Reach Quarterfinals After 3-2 Win Over Mexico Despite Playing With 10 Men
Binance News - England advanced to the World Cup quarterfinals after battling past Mexico 3-2 in Mexico City despite playing most of the second half with 10 men, according to Yahoo Sports. England will face Norway in the last eight in Miami on Saturday, 11 July at 22:00 BST after Norway beat Brazil 2-1 in the last 16; Norway striker Erling Haaland has seven goals, level with France's Kylian Mbappe and Argentina's Lionel Messi in the Golden Boot race.
UK Hiring Stabilizes as Outlook Brightens, Recruiters Say
Binance News - UK hiring is showing signs of stabilizing as the outlook improves after a slump linked to the conflict in the Middle East, according to a survey watched by Bank of England rate setters, Bloomberg reported.