24/7 Blockchain industry dynamics and breaking crypto news
President Trump claimed the U.S. planned a "post-WWII largest strike" on Iran but called it off after Iran requested negotiations. Iran denied the account. Trump insists talks are ongoing, casting uncertainty over the true state of U.S.-Iran relations.
Read MoreSanDisk has secured eight long-term NBM agreements with key data center and edge computing clients. The CEO noted that these deals lock in four years of demand, with some major customers increasing orders just one quarter after signing, indicating exceptionally strong market demand, especially in data centers.
Read MoreOn August 6, Hong Kong's AI sector saw a notable rally, with several key stocks posting significant gains. MINIMAX-W led the surge, jumping over 15%, followed by strong performances from other AI-related companies, reflecting renewed investor interest in the industry.
Read MoreChina's gold production fell 9.01% year-on-year in H1 2026, while consumption rose slightly by 1.23%. Market structure shifted significantly: jewelry demand plunged, but investment demand for bars and coins surged, highlighting strong safe-haven sentiment.
Read MoreFed official Daly supported holding rates steady in July, citing the need for more data to assess inflation's nature. She emphasized vigilance and readiness to act, while monitoring public inflation expectations. Data before the September meeting will be critical.
Read MoreUpbit, a leading South Korean crypto exchange, has officially announced it will list CAP for spot trading starting August 6. This listing is expected to enhance CAP's market liquidity and visibility, offering traders a new digital asset option and reflecting the platform's ongoing expansion strategy.
Read MoreLeading South Korean cryptocurrency exchange Bithumb officially announced on August 6th that it will list the UB token for spot trading, launching a direct UB/KRW trading pair. This provides Korean investors with direct fiat access to UB, potentially enhancing its liquidity and accessibility in the Asian market.
Read MoreAn Ethereum Foundation-linked wallet recently transferred ETH worth over $1.1 million, splitting funds between an exchange deposit and a new multi-signature proxy wallet. This move has triggered discussions about the foundation's treasury management and potential market implications.
Read MoreFigma CEO Dylan Field voluntarily relinquished approximately $46 million in stock awards, a strategic decision aimed at addressing investor concerns amid AI-driven industry shifts and reinforcing leadership's commitment to long-term value.
Read MoreOn-chain data reveals a whale swapped 429K UNI for 929.3 ETH in 6 hours, securing a $320K profit. Having accumulated UNI at $3.34 during June-July, the investor capitalized on its rebound to $4.4, demonstrating sharp market timing with a partial profit-taking move.
Read MoreOn August 6, South Korea's benchmark KOSPI index plummeted 5% intraday, closing at 6265.99 points. This sharp decline marks one of the worst trading sessions this year, raising concerns over economic stability and foreign capital outflows.
Read MoreCanadian asset manager Purpose Investments staked 42,000 ETH (approx. $80M) into Ethereum's Beacon Deposit contract, representing 36.6% of its ETF holdings. This large-scale move highlights institutional confidence in Ethereum's long-term staking ecosystem.
Read MoreSpot gold surged past the key $4,300 per ounce level on August 6th, marking its first breach since mid-June. The precious metal posted a staggering $250 weekly gain, with daily increases exceeding 1%, driven by geopolitical tensions, shifting Fed policy expectations, and robust safe-haven demand.
Read MorePresident Trump recently suggested that after recent declines, oil prices "might have to go up again." This unexplained remark fuels speculation about U.S. Middle East policy and potential market intervention. Analysts note that despite official assurances, geopolitical tensions with Iran remain a key driver for oil price volatility.
Read MoreSouth Korea's KOSPI index fell sharply by 3% during trading, with SK Hynix plunging 7% and Samsung Electronics dropping nearly 3%. Concerns over slowing global semiconductor demand and macroeconomic uncertainties triggered a sell-off in tech stocks, dragging the broader market lower.
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