24/7 Blockchain industry dynamics and breaking crypto news
An NH Investment & Securities analyst suggests the market has overreacted to semiconductor sector concerns. The industry's net profit is forecast to jump from 21.7 trillion won last year to 101.9 trillion won by 2025, a 34% growth. The focus should shift from export growth rates to absolute value levels.
Read MoreOn-chain data reveals Bitcoin long-term holders continue to sell at an overall loss, with SOPR metrics remaining below 1 since June. This pattern of concentrated loss realization historically occurs during deep bear market phases, potentially offering insights into cycle positioning.
Read MoreA UK AI startup has formed the 'AI Materials Foundry Alliance' backed by nearly $5 billion in funding. Uniting over 48 members including NVIDIA, Meta, and Hyundai, the alliance aims to pool computing power and R&D expertise to use AI for drastically accelerating and lowering the cost of discovering new materials, particularly for semiconductors and advanced industries.
Read MoreSolana-based meme coin launchpad Pump.fun generated $893,000 in 24-hour revenue, outperforming established platforms like Tron and Hyperliquid. This highlights its rapid growth and significant traction within the crypto community.
Read MoreAhead of the 2026 World Cup final, Trump expressed willingness to swap lives with Ronaldo and Messi for a month, calling their lives simpler. He also demanded FIFA allow the US to host the tournament again, sparking cross-sector discussion.
Read MoreAI expert Gary Marcus warns that OpenAI and Anthropic may face collapse without government intervention, citing unsustainable costs, rising competition from Chinese models, and a vast gap between current revenue and their sky-high valuations.
Read MoreOn July 20, China's A-share market saw broad declines across major indices. The Shenzhen Component Index led the drop, falling 2%, while the ChiNext Index lost 1.34% and the Shanghai Composite edged down 0.51%. The synchronized retreat highlights shifting investor sentiment and sector rotation pressures.
Read MoreDeepSeek plans to launch its first code agent product, Harness, alongside the V4 official release. Designed to rival Claude Code, it enables models to handle engineering tasks like file operations and tool calls. This move signals DeepSeek's shift from third-party tools to building its own developer platform, with launch now imminent.
Read MoreEthereum spot ETFs attracted $105 million in net inflows last week, led by BlackRock products. Total assets under management approach $10 billion, indicating sustained institutional interest in ETH exposure through regulated vehicles.
Read MoreSouth Korea's benchmark KOSPI index plunged 5% on July 20, marking its steepest drop this year. Heavyweights Samsung Electronics and SK Hynix fell over 4% and 5% respectively, dragging down the tech sector. Analysts cite global inflation, a weakening semiconductor cycle, and foreign capital outflows as key drivers.
Read MoreDomestic retail investors, not foreign capital, are absorbing most losses in Korea's recent stock market swings. The share of leveraged ETFs in thematic funds has doubled rapidly, signaling soaring risk appetite. Analysts warn of tightening credit to retail investors as leveraged investments surge.
Read MoreHyperliquid's latest ecosystem report highlights record RWA contract open interest of $36B and total chain holdings exceeding $110B. Multiple projects announced new platforms, funding rounds, advanced trading terminals, and liquidity pools, signaling robust growth.
Read MoreHyperliquid's HIP-4 proposal will enable permissionless deployment of outcome markets, launching first on testnet. Deployers must stake tokens and can earn up to 50% fee share. Validators will govern market templates via voting to ensure stability. The design remains provisional, with details to follow the testnet release.
Read MoreA Bitcoin whale address inactive for five years has moved 700 BTC, valued at approximately $45.3 million. Originally acquired for around $22.34 million, this significant movement after years of dormancy has sparked widespread analysis and speculation about the holder's intentions and potential market impact.
Read MoreChinasoft International has entered a strategic partnership with Moon's Dark Side to jointly develop and commercialize enterprise-grade AI agents. The collaboration leverages their respective platforms and models to accelerate deployment in sectors like energy and finance.
Read More