24/7 Blockchain industry dynamics and breaking crypto news
UBS 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.
Read MoreUS major indexes opened mixed with the Dow edging up while the S&P 500 and Nasdaq declined. Attention centered on a broad pullback in AI-related tech stocks, with the memory chip sector leading losses as several key stocks saw significant drops.
Read MoreDP World plans to build a new port and container terminal on the UAE's east coast in Fujairah, aiming to reduce reliance on Jebel Ali Port and bypass the Strait of Hormuz. This move strategically diversifies Dubai's trade routes and reinforces its global logistics position.
Read MoreApple shares rose 1.65% to $320.53, setting a new record high despite broader tech sector declines. The company's market capitalization reached $4.71 trillion, demonstrating resilient investor confidence.
Read MoreJuly 13 saw significant crypto developments. Hyperliquid's RWA open interest surged to a record $3.6B, while Uniswap activated its fee mechanism, initiating UNI burns. Solana's partnership with SBI and BitMine's ETH accumulation highlight diverse market activity.
Read MoreThe CLARITY Act faces a critical four-week window before the August congressional recess. Merged legislative text is imminent, but core disputes and political shifts cloud its path. Industry views on its chances are split, determining the fate of U.S. crypto market structure legislation this year.
Read MoreKraken has launched its crypto debit card for eligible clients in the UK and European Economic Area. The card allows users to spend cryptocurrencies directly, converting them to fiat in real-time for everyday purchases. This expansion marks a significant step towards mainstream crypto adoption in payments, with more regions planned.
Read MoreDTCC plans a blockchain demo for real-time stock trading this Wednesday, testing its potential to streamline settlement and boost market efficiency. While a significant step for traditional finance, the pilot is limited in scale, with full adoption facing regulatory and technical hurdles.
Read MoreA top advisor to Iran's Supreme Leader asserted that the Strait of Hormuz is strategically and economically irreplaceable. Iran will firmly defend its sovereignty and secure the vital waterway, refusing any compromise.
Read MoreOKX Onchain Outcomes has integrated a dedicated oracle protocol deployed on the XLayer mainnet. Leveraging an optimistic oracle and dispute arbitration network, it enables automated, verifiable on-chain settlement for predictions on real-world events like sports, crypto, and macro trends, enhancing native DeFi infrastructure.
Read MoreTrump warns of a potential government shutdown in September if the filibuster rule is not eliminated, framing it as a pressure tactic to force congressional action on key legislative priorities and funding bills.
Read MoreAs of July 12, BitMine's Ethereum holdings grew to 5.77 million ETH, a weekly increase of over 27,000 tokens, representing 4.8% of ETH's total supply. Its combined crypto, cash, and "Moonshot" assets total $11.3 billion, alongside significant BTC, stock, and unencumbered cash positions.
Read MoreMajor U.S. banks including JPMorgan and Bank of America are forming a blockchain-based network for tokenized deposits, operated by The Clearing House. This initiative aims to counter the rapid growth of stablecoins like USDT and USDC in payments, targeting wholesale transactions first. It responds to projections of stablecoin flows exceeding $50 trillion by 2030.
Read MorePresident Trump suggested the U.S. might take over operations of the Strait of Hormuz in the future, stating America would be compensated for its role. This statement directly targets a global energy chokepoint, signaling a potential expansion of U.S. strategic influence in the Middle East and raising international concerns over maritime security.
Read MoreBNB Plus faces delisting from Nasdaq for failing to maintain a minimum bid price of $1. While planning an appeal, its shares will transition to the OTCQB Venture Market starting July 14, 2026, under the same ticker BNBX.
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