24/7 Blockchain industry dynamics and breaking crypto news
EdgeX has announced a significant organizational restructuring, bringing in key talent and strategic partners. The platform is prioritizing security enhancements and product innovation like RWA and leveraged ETFs, aiming to improve global user experience and accelerate its worldwide expansion.
Read MoreOn Thursday, July 9th, major Asian markets staged a strong rebound. Japan's Nikkei 225 surged 1.38%, while South Korea's KOSPI index rose 0.5%, ending a three-day losing streak and signaling a shift in market sentiment.
Read MoreHSBC has revised its gold price outlook, forecasting a trading range of $3,800 to $4,700 per ounce for the latter half of 2026, with a year-end target of $4,750. The bank lowered its average price forecasts for 2026 and 2027 but maintains a bullish long-term view, expecting prices to reach $5,025 by the end of 2027.
Read MoreSpot gold surged past the key $4100 per ounce level on July 9, marking a 0.55% intraday gain. Market analysts attribute the rally to geopolitical tensions, inflation concerns, and currency dynamics, with investors watching for sustained momentum.
Read MoreMiniMax-W faced a major sell-off as ~45% of its shares became tradable after the six-month lock-up. The stock plunged nearly 20% intraday, with market cap sharply down from its peak. The massive unlock volume, far exceeding peers, triggered immediate supply-side pressure.
Read MoreOn July 9th, international oil markets saw significant declines. WTI crude fell below $73 per barrel, dropping 2.19%, while Brent crude lost 2.00% to trade at $77.36. This synchronized drop signals shifting market sentiment, with key levels breached.
Read MoreNVIDIA and Hugging Face are collaborating to create open-source foundation models for robotics. By combining NVIDIA's GPU/CUDA ecosystem with Hugging Face's model repository and developer community, the partnership seeks to dramatically lower the barriers to training and deploying AI for robotics applications.
Read MoreCryptocurrency exchange AscendEX has officially ceased all operations as of July 1, 2026. The platform now only allows limited withdrawal functions, with all requests subject to manual review. The shutdown is primarily driven by the full implementation of the EU's MiCA regulation and shifting global compliance pressures.
Read MoreRobinhood CEO Vlad Tenev sold 375,000 shares for approximately $43.56 million, while retaining a stake worth over $5 billion. The move sparks debate on whether it reflects insider sentiment or routine portfolio management.
Read MoreOn-chain data reveals a dramatic surge in trading activity for Robinhood Chain on Uniswap, with 24-hour volume hitting $5.7 billion—a more than tenfold increase from the previous day. This spike highlights growing momentum for Layer 2 solutions and shifting capital flows within DeFi.
Read MoreBinance has renewed its airdrop campaign for eligible USD1 holders, offering a total prize pool of 165 million WLFI tokens. The four-week event features weekly distributions, with bonus rewards available for users meeting specific trading volume requirements.
Read MoreSony Bank has obtained conditional approval from the U.S. OCC to establish a national trust bank. It plans to form subsidiary Connectia Trust this month, targeting a 2027 launch for USD-denominated stablecoin issuance and management, marking a major traditional finance player's move into digital assets.
Read MoreA Tennessee ban on cryptocurrency ATMs took effect July 1, making installation or operation a Class A misdemeanor. A federal court denied an emergency request to halt the ban during an ongoing constitutional challenge, impacting major operators like CoinFlip.
Read MoreUS spot Ethereum ETFs attracted a net inflow of $70.5 million in a single day, signaling renewed institutional interest. This notable capital movement highlights shifting market dynamics and potential catalysts behind Ethereum's growing appeal among investors.
Read MoreThe US Central Command announced consecutive military strikes against Iran on July 8-9, targeting approximately 170 military assets. The operation aimed to degrade Iran's ability to threaten shipping in the Strait of Hormuz, responding to recent attacks on commercial vessels. US forces remain on high alert.
Read More