24/7 Blockchain industry dynamics and breaking crypto news
SanDisk's bullish long-term revenue forecast, tied to AI demand and fixed-price contracts, ignited a rally in Asian memory chip stocks. Analysts see this as a potential shift away from the industry's traditional volatile cycles.
Read MoreFollowing a 27.5% stock plunge after disappointing Q2 earnings, Cathie Wood's ARK Invest purchased over 192,702 shares of tokenization platform Securitize (SECZ) via its ARKF fund, valued at approximately $1.09 million, signaling a strategic long-term conviction.
Read MoreLiangyuan Xinchuang, founded by ex-OpenAI algorithm expert Jiang Xu, has closed a pre-A funding round worth hundreds of millions. The capital will fuel the development of large-scale embodied AI models and full-stack platforms, leveraging the founder's deep experience in core technologies like ChatGPT and GPT-4.
Read MoreWorld, a leading prediction market on Solana, has officially integrated support for Hyperliquid. This move expands asset options and cross-chain capabilities for users, enhancing the platform's utility and liquidity within the decentralized finance landscape.
Read MoreOn-chain data reveals a long-term Bitcoin whale, holding for over three years, has moved 158.7 BTC (worth ~$10M) to Coinbase. If sold, the estimated profit would be around $6.2 million, potentially signaling a shift from holding to profit-taking after significant paper gains during the bull run.
Read MoreOn-chain data reveals a major shift by a whale who previously held a massive Bitcoin short position. After three consecutive stop-losses, the investor bought 330 BTC, pushing the value of their long position back above $110 million. The move, now in profit, signals a potential change in market sentiment.
Read MoreUBS dramatically increased its holdings of BlackRock's spot Bitcoin ETF (IBIT) in the first half of 2024, with shares soaring approximately 355% to a value nearing $90 million, according to a recent 13F filing. This highlights growing institutional interest in Bitcoin investment vehicles, though the holdings may include client assets.
Read MoreA former SEC staffer explains that even if the CLARITY Act passes, the SEC and CFTC will need months to draft implementing rules. The formal rulemaking process under the Administrative Procedure Act involves multiple steps, including public comment, preventing immediate implementation. The delayed rollout of the GENIUS Act illustrates this timeline.
Read MoreOn-chain data reveals an anonymous whale opened a massive 200.8 BTC long position on Hyperliquid with 40x leverage, valued at ~$12.75M. With recent profits nearing $2M, this high-stakes move sets liquidation at $55,380, raising concerns about extreme leverage in volatile markets.
Read MoreUkraine has reportedly drafted a ceasefire proposal to halt attacks on civilian targets in the Black Sea, relaying it to Russia via third-party channels. Kyiv awaits Moscow's formal response, while Russian officials state no official proposal has been received, leaving diplomatic efforts to ease tensions uncertain.
Read MoreAVAX One's Q2 2026 revenue skyrocketed over 500% year-over-year to $2.8M. The firm holds over 14 million AVAX, predominantly staked. Despite unrealized losses from market volatility, it's pivoting some Bitcoin mining capacity to AI inference and reaffirms its annual guidance.
Read MoreStandard Chartered's digital asset research head Geoff Kendrick suggests Uniswap's accelerated token burn rate, now at ~4% of supply annually, could drive UNI's value higher. He indicates the previous $100 target for 2030 might be conservative as protocol revenue surges.
Read MoreTokyo-listed Metaplanet has completed a pilot issuance of its ‘BitBonds’, raising approximately 200 million yen. The unsecured bonds are not collateralized by Bitcoin. The move aims to establish a framework for future issuance and distribution of crypto-linked financial products.
Read MoreA whale or institution transferred 923.7K HYPE ($53M) to Coinbase Prime and FalconX. Having staked tokens at ~$19.79 last year, the entity has now moved $110M worth, realizing a $109M profit, with $55.7M in HYPE remaining in the wallet.
Read MoreData from DeFiLlama reveals that Ondo Perps has surpassed $8 billion in cumulative trading volume, with open interest exceeding $90 million. This milestone highlights rapid growth in the DeFi derivatives sector and increasing trader engagement.
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