24/7 Blockchain industry dynamics and breaking crypto news
Binance will update collateral ratios for Portfolio Margin and adjust leverage tiers for multiple USDT perpetual contracts on July 24, affecting assets like ALGO, WLD, and others. Traders should review their positions.
Read MoreOn July 21st, the A-share market staged a strong rebound, with the ChiNext Index surging over 7%. The semiconductor industry chain emerged as the clear market leader, with strength seen across the board from equipment to chips. Core segments like storage chips, CPO, and lithography led the gains, with over 25 constituent stocks rising more than 10%, indicating intense capital focus on tech growth sectors.
Read MoreOn July 21, spot silver prices surged powerfully, with intraday gains expanding to 3%, reaching $58.10 per ounce. Meanwhile, spot gold also rose by approximately 1.4%. Silver's strong performance may signal a shift in overall sentiment for the precious metals market.
Read MoreThe South Korean won has strengthened significantly against the US dollar, reaching 1472.1 per dollar, its highest level since May 11. This shift reflects changing market expectations for Korea's economic outlook and fluctuations in the dollar's trajectory.
Read MoreCapital Economics analyst James Reilly warns the US 2-10 year Treasury yield spread will narrow further in coming months, driven by rising real yields and rate hike expectations. Escalation in the Strait of Hormuz could trigger a full yield curve inversion.
Read MoreOKX launches a new RLUSD stablecoin rewards program. Simply hold RLUSD in your account to earn passive income automatically, with no staking or lock-up required. The first 2,000 RLUSD earns up to 10% APY. Rewards are paid in RLUSD or XRP.
Read MoreRobinhood Chain's mainnet has demonstrated explosive growth in its first three weeks, processing nearly 120 million transactions and attracting over $262 million in Total Value Locked. The chain has seen rapid ecosystem development with millions of contracts deployed and assets created.
Read MoreSEC filings reveal Korea's Hanwha Group is now the largest shareholder (9.6%) in RWA tokenization leader Securitize, surpassing major VC firms. This strategic move highlights traditional finance's accelerating push into the tokenized asset space.
Read MoreBlackRock's iShares MSCI South Korea ETF attracted a record $2.8 billion in weekly inflows, with about a quarter of its portfolio allocated to SK Hynix. Korean investment products led global markets with $3.03 billion in net inflows, signaling strong foreign interest in the tech sector.
Read MoreChina is reportedly evaluating stricter export controls on AI models and semiconductor technologies, potentially restricting cross-border data transfers for training and overseas chip manufacturing partnerships. Final decisions remain under discussion.
Read MoreA UK parliamentary cross-party group has launched an inquiry into banking services for the cryptocurrency sector. It will examine the difficulties crypto businesses face in opening accounts and the restrictions banks impose on related transactions, potentially shaping future regulatory and commercial approaches.
Read MoreThe Korean won's daily trading volume surged by about 16% over two weeks, averaging $18.6 billion, driven largely by foreign investors selling local chipmaker stocks, signaling shifting capital flows and market reassessment of Korea's tech sector.
Read MoreOn-chain data reveals a long-dormant Bitcoin whale, accumulating since 2013, moved 1,000 BTC (worth ~$65.56M) to Binance. The address has been reducing holdings over the past year, signaling a potential large-scale sell-off and raising market concerns.
Read MoreAmid regulatory debates over US prediction markets, a company spokesperson cites multiple federal court rulings, including from the Third Circuit, stating states lack jurisdictional authority. Washington state's continued use of public funds for regulatory actions is criticized as wasteful, highlighting the core legal dispute over who holds regulatory power.
Read MoreZhipu Tech (02513.HK) saw its stock surge over 30% in afternoon trading. The company announced the official launch of its 1GW domestic computing center and the simultaneous completion of a strategic acquisition. These moves signal substantial progress in China's high-performance computing sector.
Read More