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Japan's SBI Group plans to launch a lending service offering up to 3% annual yield on its JPY-pegged stablecoin, JPYSC. The service could debut this month, signaling a major traditional finance move into crypto yield products.
Read MoreAsian markets faced sharp declines on July 13th. Japan's Nikkei 225 fell 1.92%, while South Korea's KOSPI plunged nearly 9%, briefly triggering a circuit breaker. Tech giants like Samsung led the sell-off, signaling heightened investor caution.
Read MoreSpot gold prices tumbled sharply on July 13, breaking below the key $4050 per ounce level with a daily loss of 1.70%. The sell-off was driven by a stronger US dollar, shifting market risk sentiment, and technical selling pressure, drawing significant investor attention.
Read MoreMicroStrategy's Michael Saylor states that Bitcoin influence stems from tangible contributions—capital, utility, and hash power—not ambition. Those who actively support the network's infrastructure truly shape its future, highlighting a merit-based power structure within the ecosystem.
Read MoreMulticoin Capital's managing partner suggests the crypto market has bottomed and is at a turning point. He identifies key signals like decoupling of price from fundamentals and shares his bullish views on Solana, derivatives platforms, and privacy assets, alongside a disciplined portfolio management approach.
Read MoreRobinhood co-founder Vlad Tenev accidentally exposed his seed phrase during a live stream, leading to his crypto wallet being compromised. The hacker exploited the address's influence to manipulate a meme coin's price, creating a pump-and-dump scheme worth tens of millions of dollars before cashing out on BNB Chain.
Read MoreJapanese payment provider Netstars launched Stablecoin Pay on July 13, a service enabling merchants to accept stablecoin payments. It supports USDC, USDT, and JPYC across blockchains like Solana and Polygon with a 0.98% transaction fee, allowing yen-based pricing and settlement without new hardware.
Read MoreIran's Islamic Revolutionary Guard Corps announced on July 13 the completion of a fifth phase of retaliatory strikes against U.S. military targets in the region. The operations reportedly targeted facilities in Bahrain and destroyed radar systems in Oman, marking a significant escalation in regional tensions.
Read MoreJapanese convenience store chain Lawson is launching a pilot program in early August, integrating JPYC stablecoin payments directly with POS systems at a Tokyo store. This marks Japan's first trial linking stablecoin payments to physical retail POS, testing integration stability and transaction efficiency for potential wider adoption.
Read MoreSouth Korea's stock exchange triggered its seventh market-wide trading halt this year on July 13th. The KOSPI index plunged over 8%, leading to a 20-minute suspension, as escalating Middle East tensions spurred heavy investor selling.
Read MoreOn July 13, South Korea's KOSPI index plunged 8%, falling below the 6900-point mark. Heavyweight SK Hynix plummeted over 13%, retreating nearly 40% from its historical high. Samsung Electronics also tumbled more than 9%, dragging down the broader market.
Read MoreKey metrics for Bitcoin long-term holders have reached unprecedented levels, including supply held over a decade, total holdings, realized market cap, and realized price, signaling strong investor conviction and a maturing market structure.
Read MoreSince its launch, Robinhood Chain has achieved $4 billion in cumulative DEX volume with a TVL of $134 million. The chain has attracted over $290 million in stablecoins and $12 million in active RWA market cap, demonstrating strong early growth and ecosystem traction.
Read MoreOn July 13, South Korea's KOSPI index plunged 7.75%, breaking below the 6900-point threshold. The sharp decline highlights growing market anxieties over economic headwinds, potentially driven by global inflation, monetary policy shifts, and geopolitical tensions. Investors are advised to monitor developments closely.
Read MoreMidday highlights: US-Iran tensions escalate, OpenAI's plans face uncertainty amid Apple lawsuit. Trump-linked crypto miner plummets, Goldman Sachs favors A-shares. Fundstrat's Tom Lee sets $250K long-term Ethereum target, while Circle's Allaire emphasizes on-chain governance for proxy economies.
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