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On July 14, spot gold prices fell below the key psychological level of $4,000 per ounce for the first time since early July, with an intraday drop of nearly 3%. This decline highlights increased market volatility and potential shifts in short-term momentum for the precious metal.
Read MoreMarket analysts observe a sharp decline in Bitcoin selling pressure, with spot market net sales dropping to minimal levels. The return of net inflows to US spot Bitcoin ETFs suggests weaker hands may have exited, though the current rebound appears derivatives-led. Upcoming economic data remains crucial.
Read MoreElon Musk's net worth fell below $900 billion as SpaceX shares declined, marking a significant drop from their peak. He remains the world's richest person. Despite the stock slump, several Wall Street firms maintain bullish long-term price targets, viewing SpaceX as building a foundational platform for future industry.
Read MorePresident Trump urges the U.S. Senate to pass the Clarity Act, supporting Senator Lindsey Graham. He warns that China and others seek dominance in AI and critical financial sectors, stressing the need for America to maintain competitive advantages.
Read MoreRecent on-chain data reveals a market shift: stablecoin supply reversed its decline, growing by $121 million last week, easing liquidity pressure. While DEX spot volume saw a slight uptick, perpetual contract trading continued to cool. Institutional activity diverged, with multiple firms selling BTC while others accumulated ETH.
Read MoreBolivia is evaluating integrating Tether's USDT stablecoin into its national payment system as a regulated option alongside the Boliviano and US dollar. This move aims to strengthen anti-money laundering oversight and address international compliance pressures, potentially reshaping the country's financial landscape.
Read MoreRobinhood Chain's Layer2 network hits $135M TVL in just two weeks, nearing 800k active addresses. However, a booming meme coin ecosystem has starkly diverged from its initial tokenized stock (RWA) focus, raising questions about its future direction.
Read MoreThe U.S. has not yet initiated formal discussions with regional allies regarding potential transit fees associated with securing the Strait of Hormuz, according to sources familiar with the matter. The concept remains in preliminary stages.
Read MoreA Bank of America survey reveals global fund managers' bearishness on the yen has hit its highest level since 2022. Over 40% cite Japanese fiscal and monetary policy risks, while leveraged funds' net short positions have reached a peak not seen since 2007.
Read MoreMarkets have nearly fully priced in at least one Fed rate hike by September, with two hikes expected by March next year. However, renewed U.S. sanctions on Iran and proposed transit fees for the Strait of Hormuz introduce fresh volatility, potentially altering the interest rate trajectory.
Read MoreSpot gold prices experienced a sharp intraday sell-off, plummeting 2% to trade around $4036.63 per ounce. This sudden drop below the $4040 level has disrupted recent trading patterns and heightened market focus on the trajectory of safe-haven assets.
Read MoreThe Trump administration has officially reinstated comprehensive sanctions against Iran, marking a major shift in U.S. policy. This move directly impacts Iran's energy and financial sectors, potentially escalating Middle East tensions and influencing global oil markets and diplomatic relations.
Read MoreOn July 13th, U.S. semiconductor storage stocks staged a notable intraday recovery. Micron Technology and SK Hynix saw their steep early losses narrow significantly, hinting at shifting market sentiment as investors reassess short-term volatility against long-term potential.
Read MoreSpaceX shares fell sharply by 5.1% on July 13, closing at $137.89 per share, reducing the company's market capitalization to $1.81 trillion. This significant drop has sparked market concerns about the near-term outlook for the space technology sector and the sustainability of current valuations.
Read MoreUBS significantly raised Western Digital's price target to $560, reflecting strong confidence in the company's prospects. This major adjustment suggests a positive reassessment of its core business and market position, drawing investor attention to its evolving value proposition.
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