24/7 Blockchain industry dynamics and breaking crypto news
Nomura warns the upcoming June Fed meeting may be seen as a historic turning point ending the credit cycle and AI boom. Markets underestimate the depth and duration of long-term high rates, with risks lying in preventive steps evolving into a full-blown, sustained tightening cycle.
Read MoreOKX's World Cup prediction campaign has launched 8 independent prize pools this week, worth approximately $380K in total across various digital assets. The first match features Argentina vs Austria. Users can participate in predictions to share the rewards based on performance. More exciting group stage matchups are now open for betting.
Read MoreSpaceX's stock has declined recently, though its market cap remains well above its IPO price. A key institution initiated coverage with a Neutral rating, citing balanced near-term risk-reward despite clear long-term high-growth pathways. Investors must weigh potential against volatility.
Read MoreSouth Korea's FIU proposed at a FATF meeting to extend Travel Rule reporting requirements to smaller crypto transactions, aiming to tighten AML oversight for domestic and offshore virtual asset service providers and align with global standards.
Read MoreBinance will delist multiple USDC margin trading pairs including 1000CHEEMS, ACX, LA, and T on June 26, 2026, with lending services stopping three days prior. Users must close positions and transfer assets to avoid automatic liquidation.
Read MorePrime Minister Keir Starmer has resigned and confirmed the timetable for the Labour Party leadership election. Nominations will open on July 9 and conclude before the summer parliamentary recess. The new leader will be in place before Parliament reconvenes in September.
Read MoreU.S. storage concept stocks extended gains, led by Western Digital and SanDisk. Market attention is focused on Micron's upcoming earnings release, which could set the tone for the sector's near-term trajectory.
Read MoreChina's fiscal data from January to May shows total stamp duty revenue reaching 242.6 billion yuan, up 35.8% year-on-year. The stamp duty on securities trading soared 88.8% to 126.2 billion yuan, indicating significantly increased activity in the capital markets during this period.
Read MoreJD.com has open-sourced JoyAI-VL-Interaction, a real-time video-language interaction model. It's the world's first full-stack open-source system of its kind and has gained day-0 native support from the vLLM-Omni framework, offering developers a powerful multimodal AI tool.
Read MoreUK Prime Minister Keir Starmer faces his first major staff shake-up as his chief of staff announces resignation to the team. This early departure from a key Downing Street role raises questions about internal dynamics in the new administration.
Read MoreCanadian Bitcoin miner HIVE Digital announced its AI subsidiary BUZZ HPC has entered a three-year, $220 million GPU cloud services deal with Bell AI Fabric to provide core computing power for AI startup Cohere. This strategic move solidifies HIVE's expansion into high-performance computing infrastructure, boosting its pre-market stock performance.
Read MoreWhile Hong Kong's major indices closed lower, the artificial intelligence sector stood out with significant gains against the market trend. Changfei Fiber Optics led the surge, jumping over 31%, highlighting continued strong investor interest in AI and tech growth themes amid broader market adjustments.
Read MoreMicrosoft has changed its deployment strategy for Microsoft 365 Copilot. The AI assistant will now be automatically installed on eligible Windows devices, requiring administrators to manually opt out if they do not want it. This move raises questions about user control and default software installations.
Read MoreSyria's transitional government president publicly denied US claims about potential Syrian military involvement in Lebanon, calling for an end to warfare.
Read MoreThe Bitcoin Cycle Momentum indicator remains in negative territory at -11.4, signaling a continued bear market. While historically a support zone, analysts stress that a confirmed trend reversal requires a bullish price pattern and the indicator crossing above its neutral line, neither of which has occurred.
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