24/7 Blockchain industry dynamics and breaking crypto news
A major institution increased its Bitcoin holdings by 10% to 843,775 BTC in just three months. Its dollar reserves also grew by 13%, while the annualized yield on its BTC investments has more than doubled since the start of the year.
Read MoreKazakhstan's president has signed a landmark law to develop the nation's digital asset sector. The comprehensive legislation introduces tax exemptions for cryptocurrency transactions, legalizes crypto mining, and paves the way for stablecoin payments, positioning the country as a Central Asian hub for digital finance.
Read MoreInvestment firm Needham reaffirmed its Buy rating on Google-A stock with a $450 price target. The report highlights Google's core business strength and growth trajectory, offering key insights for investors.
Read MoreChengBang Stock forecasts a net profit of 26 million yuan for H1 2026, marking a turnaround from loss to profit. Its semiconductor storage business, contributing over 70% of revenue, saw substantial year-on-year growth in both sales and earnings, driven by favorable global market conditions.
Read MoreIndia's central bank remains firm in advocating a complete ban on cryptocurrencies, citing serious concerns over tax evasion risks. This stance signals continued regulatory uncertainty for the digital asset market in the country.
Read MoreThe People's Bank of China's Monetary Policy Committee held its Q2 meeting, acknowledging a complex external environment and domestic challenges like weak demand. It pledged to continue a moderately loose monetary stance, intensify counter-cyclical and cross-cyclical adjustments, and enhance policy coordination to stabilize growth and support reasonable price increases.
Read MoreMichael Saylor outlines a strategic framework positioning Bitcoin (BTC) as digital capital—the foundational store of value. Instruments like digital credit (e.g., STRC) offer liquidity, while equities (e.g., MSTR) represent digital equity. He emphasizes that diverse tools serve a unified Bitcoin strategy.
Read MoreNVIDIA has officially launched its R&D center in Be'er Sheva, Israel, strengthening its footprint in the Middle East. The facility will focus on AI, high-performance computing, and data center technologies, leveraging local engineering talent to advance its leadership in AI hardware.
Read MoreA senior Iranian naval commander has accused the United States of conducting psychological warfare against Iran through repeated public statements. He stated that the U.S. aims to portray Iran’s coastline as vulnerable, but such rhetoric will not lead to actual military aggression.
Read MoreBroadcom's stock reversed sharply pre-market on July 8, surging after an initial 3% drop. The rally follows Apple's new multi-year, $30+ billion chip supply agreement for over 15 billion U.S.-made chips, securing long-term growth.
Read MoreThe GCC Secretary-General condemned Iran's attacks on Bahrain and Kuwait, stating they violate sovereignty, threaten civilian safety, breach international law, and undermine regional peace efforts.
Read MoreTSMC is rapidly scaling its Photonic Integrated Circuit (PIC) production capacity, according to industry forecasts. Monthly output is projected to surge to 10,000 wafers by Q2 2026 and reach at least 25,000 wafers by 2028. This expansion could boost annual chip output from around 4 million to nearly 200 million units, driven by soaring demand from AI and high-speed data transmission.
Read MoreTencent Holdings repurchased 27,600 shares on July 8 for approximately HK$12.73 million, as per HKEX filings. This buyback is viewed as a strategic move to signal confidence in long-term value and optimize capital allocation, drawing close attention from investors analyzing the company's market positioning.
Read MoreA Mitsubishi UFJ analyst cautions that the upcoming Fed June meeting minutes reflect outdated conditions. With labor data weakening, current market pricing for rate hikes appears excessive, and future rate cuts are more likely than hikes.
Read MoreData reveals a significant outflow of 2,108 BTC (worth ~$211M) from Kraken's wallets in the past 24 hours. The exchange's current BTC balance stands at 145,900 BTC, drawing attention to potential institutional moves and liquidity shifts.
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