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Market expectations strongly favor the Fed holding rates steady at its July meeting, with a nearly 90% probability according to CME FedWatch. The outlook for September is more divided, indicating ongoing uncertainty about the future policy path.
Read MoreOvernight developments spotlight AI and macroeconomics. Tehran seized 187 illegal miners, a Microsoft exec compared AI assistants, and Apple reportedly eyes AI chip deals. The Fed's Beige Book noted moderate growth, with officials weighing AI's impact on inflation and jobs.
Read MoreSpaceXAI, under Elon Musk, has open-sourced its Grok Build project and reset all user limits. The company reaffirmed its commitment to zero data retention, disabling default data collection for all users and deleting previously stored non-essential coding data to address privacy concerns.
Read MoreSouth Korea plans to amend its National Property Act to classify virtual currencies and intellectual property as state assets. This landmark move signals formal institutional recognition of digital assets, with a tokenized government bond pilot slated for 2027, paving the way for financial innovation.
Read MoreThe US House voted down a proposal to cut military aid to Israel on July 16. While the amendment failed, the vote highlighted growing divisions within the Democratic Party, with over 100 members supporting the reduction in assistance.
Read MoreOn-chain data reveals BlackRock withdrew 2,152 BTC worth approximately $140 million from Coinbase Prime within one hour. Unlike previous transfers, this movement from the prime custody service to the iShares Bitcoin Trust is linked to potential new inflows, sparking analysis of institutional capital flows.
Read MoreThe Pentagon has halted the release of the annual F-35 program report for the first time in over two decades. The report, mandated by Congress for oversight, was withheld after classified information was identified during review. The program continues to face scrutiny over cost overruns and technical delays.
Read MoreA new solution enables qualified institutions to earn on-chain yields from idle crypto assets like Bitcoin and Ethereum, all within a compliant custody framework. The key innovation is dedicated, custom-built vaults for each client, tailored to their specific investment strategy, risk parameters, and liquidity needs, with ownership verified via receipt tokens.
Read MoreAn address exploited a vulnerability in a Perp DEX, illicitly gaining 23.75 million USDC. The funds were quickly bridged to Arbitrum and swapped for 12,085 ETH at an average price of $1,965, highlighting DeFi security risks.
Read MoreU.S. forces fired a Hellfire missile at a commercial tanker heading to Iran in the Arabian Gulf, disabling the vessel for allegedly violating maritime blockade measures. The incident marks the first such interception since the blockade was reinstated, escalating regional tensions over shipping security.
Read MoreThe US Dollar Index (DXY) fell 0.43% on July 15, closing at 100.488. This decline has raised questions about the sustainability of the dollar's recent strength, as markets weigh Fed policy expectations against global economic data.
Read MoreUS Vice President Vance has publicly asserted he is '100% certain' that actors within the Israeli government are manipulating American public opinion to sway US policy, with the sole aim of perpetuating the ongoing military campaign indefinitely, revealing deep fissures between the allies.
Read MoreJPMorgan Chase CEO Jamie Dimon warns that widely releasing advanced AI models poses serious real-world risks, comparing it to giving 'ballistic missiles' to the public. The U.S. government is now closely monitoring the situation as industry and regulators assess the rapid advancement of AI technology.
Read MoreIran's Foreign Ministry stated that its understanding with the U.S. is only valuable if it safeguards national interests and security. Iran will fulfill obligations if the other side complies, but reserves the right to halt implementation and take countermeasures if the U.S. breaches the deal, adding uncertainty to ongoing nuclear talks.
Read MoreOn July 16th, major U.S. stock indices closed higher, led by strong gains in big tech. However, memory chip and computer hardware stocks plunged sharply, creating a market divergence. Consumer electronics and streaming sectors also rose.
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