24/7 Blockchain industry dynamics and breaking crypto news
Despite outflows in June, global gold ETFs attracted $8 billion net inflows in H1, driven by strong Asian demand. Holdings rose to 4,047 tons with AUM at $526 billion. Average daily trading volume hit a record $488 billion, highlighting gold's safe-haven appeal.
Read MoreKey developments emerged on July 8. SpaceX moved Bitcoin after a six-month pause, sparking speculation. Blue Origin secured a massive $10 billion funding round. China's central bank reaffirmed its accommodative monetary policy stance. Other notable events included a Hong Kong stock placement and a U.S. state hearing on a Bitcoin-backed bond proposal.
Read MorePresident Trump has indicated that the United States may conduct further military strikes against Iran as early as tonight. This statement significantly escalates tensions in the Middle East, raising global concerns about a potential wider conflict. International markets are closely monitoring the situation.
Read MoreMorgan Stanley cut AT&T's price target from $30 to $25 and lowered T-Mobile's target, signaling concerns over telecom sector competition and operational headwinds that may impact investor sentiment.
Read MoreNATO allies pledged €70 billion in aid for Ukraine through 2026 at the Ankara summit. A separate new procurement plan exceeding €50 billion was also announced to bolster collective defense capabilities, signaling long-term institutional support.
Read MoreGermany's Foreign Minister calls for creating suitable conditions to clear mines in the Strait of Hormuz and reaching an agreement with Iran and Oman. He warns that rising energy prices are a global burden, making maritime security urgent.
Read MoreOn-chain data reveals a prominent crypto investor has staked an additional $23M worth of ETH on Lido, bringing total holdings to ~$430M. Since 2023, the address has earned over $26M in staking rewards, with projected annual yields reaching ~$9.5M, highlighting high-value staking strategies.
Read MoreKremlin spokesman Peskov warns the EU is rapidly evolving from an economic bloc into a militarized entity, posing a significant new challenge. He criticized European nations for inciting Ukraine and misjudging strategic outcomes against Russia, stating Moscow will be forced to take additional security measures.
Read MoreOn July 8th, US stock futures pared earlier losses. Nasdaq 100 futures, which had fallen as much as 1.6%, narrowed their decline to 0.84%. Dow Jones and S&P 500 futures also saw reduced losses, indicating shifting market sentiment.
Read MoreBNB Chain is developing a new Layer 1 network targeting sub-50ms transaction latency and 100,000 TPS. The testnet launch is scheduled for 2026, marking a significant step in enhancing on-chain performance and scalability.
Read MoreZhipu AI has launched a placement of 19.8 million H-shares, priced between HK$1,588 and HK$1,698 per share. The move aims to raise capital for advancing its artificial intelligence research and global market initiatives, reflecting strong investor interest in AI innovation.
Read MoreThe UK 10-year real yield surged 7 basis points to 1.79% on July 8, marking its highest level since 2009. This sharp rise signals shifting market expectations on inflation, monetary policy, and growth outlook. The analysis explores the driving forces behind this move and its potential impact on investment strategies.
Read MoreSaudi media reports indicate the US is exerting significant diplomatic pressure on Lebanon to participate in upcoming negotiations in Rome. Sources suggest Washington aims to break the current deadlock and advance regional issue resolution, drawing close attention to Lebanon's diplomatic stance.
Read MoreA major institution increased its Bitcoin holdings by 10% to 843,775 BTC in just three months. Its dollar reserves also grew by 13%, while the annualized yield on its BTC investments has more than doubled since the start of the year.
Read MoreKazakhstan's president has signed a landmark law to develop the nation's digital asset sector. The comprehensive legislation introduces tax exemptions for cryptocurrency transactions, legalizes crypto mining, and paves the way for stablecoin payments, positioning the country as a Central Asian hub for digital finance.
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