24/7 Blockchain industry dynamics and breaking crypto news
Amid rising geopolitical uncertainty, emerging markets show resilience through solid fundamentals, easing inflation, and attractive yields. Analysis suggests these assets may deliver moderate gains despite Federal Reserve policy concerns.
Read MoreShipping traffic through the Strait of Hormuz has dropped to about 10% of pre-war levels, with only 13 commercial vessels recorded on a single day. Most ships continue using traditional routes near Iran's coast, while few adopt the U.S.-recommended southern alternative. Transponder shutdowns suggest actual numbers may be higher.
Read MoreA media investigation reveals a pattern where former President Trump purchased stocks in companies shortly before making social media posts or suggesting policies that could benefit those firms. While his team denies any impropriety, the timing has drawn scrutiny regarding the intersection of personal investments and public communications.
Read MoreOn July 16, the agreement establishing the World AI Cooperation Organization was formally signed in Shanghai, marking a significant step towards multilateral collaboration in global AI governance. The organization aims to foster international dialogue and cooperation to address the opportunities and challenges presented by AI development.
Read MoreSpot gold prices fell sharply, breaking below the key $4020 per ounce level with a daily loss exceeding 1%. Analysts attribute the drop to a stronger US dollar, rising Treasury yields, and heightened expectations that the Federal Reserve will maintain higher interest rates for longer, dampening gold's appeal as a safe haven. Market focus now shifts to upcoming economic data and central bank signals.
Read MoreAI infrastructure startup Fireworks raised $1.5 billion at a $17.5 billion valuation. Backed by NVIDIA, the company provides cloud services for running open-source AI models, helping businesses deploy AI affordably. It now processes 40 trillion tokens daily and serves clients like Elastic and GitLab.
Read MoreOn July 16th, spot gold and silver prices fell sharply, with gold down 2% and silver plummeting 4%. This article analyzes the market context, driving factors, and potential implications for investors behind the synchronized decline in precious metals.
Read MoreBinance will launch USDT-margined perpetual contracts for a range of high-profile assets starting July 17, 2026. The new listings include leading AI companies like MiniMax and Zhipu AI, alongside Hong Kong stock giants Tencent and Xiaomi, offering traders diversified exposure.
Read MoreSpot gold prices fell sharply, breaking below the key psychological level of $4000 per ounce. The intraday drop reached 1.48%, drawing market attention to gold's short-term trajectory and potential driving factors behind the move.
Read MoreSoaring AI compute demands are driving massive investment in power infrastructure. Bloom Energy secured $1.7 billion in project funding from IDF and Oaktree Capital. The company will provide dedicated "behind-the-meter" power solutions for AI cloud provider Nebius, highlighting the critical convergence of energy and computing.
Read MoreThe latest US labor market data revealed a surprise drop in weekly initial jobless claims to 208,000 for the week ending July 16, coming in below forecasts of 217,000 and the previous week's 215,000. This suggests continued tightness in the employment landscape.
Read MoreMorgan Stanley forecasts that the year-on-year growth rate of DRAM contract prices will likely peak in Q4 2026, followed by a significant slowdown. This suggests an end to the extreme price surges seen recently, potentially leading to a revaluation of memory chip makers.
Read MoreChinese AI leader DeepSeek's latest valuation has been unexpectedly revealed, reaching approximately 351 billion yuan ($50B+). Following this funding round, the company has already initiated a new round of financing. Speculation continues regarding a potential year-end IPO on the STAR Market, though no confirmation has been made.
Read MoreAn Iranian official stated that retaliatory actions for martyred leaders do not harm diplomacy but demonstrate the system's resolve, serving as strategic leverage against US bullying. This approach is framed as aligning with religious law, national interests, and international realities.
Read MoreThe European Commission is preparing a comprehensive banking reform to relax capital rules and facilitate cross-border mergers. This initiative aims to enhance the competitiveness of EU banks in the global financial landscape, potentially reshaping the regional banking sector.
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