Track market-moving stories before they get noisy

A prediction market player turned a $10.8 million loss into an $8 million profit in just two weeks.

According to Lookonchain monitoring, a prediction market trader has reversed a massive profit and loss swing in just two weeks. The account had previously accumulated a loss of approximately $10.8 million, but has turned a profit of over $8 million via recent trades. Its notable large wins include: France vs. Spain: $9.9 million in profit; Switzerland vs. Colombia: $3.765 million; Argentina vs. Switzerland: $1.867 million; United States vs. Belgium: $1.759 million.

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Cross-chain protocol Owlto joins Google Web3 Startup Program, secures exclusive cloud service credits.

According to official announcements, cross-chain protocol Owlto has announced its participation in the Google Web3 Startup Program. Owlto officials stated that through this program, the project will receive Google-provided cloud service credits (Google Credits), along with support in technology, community, and resources to advance its AI-driven cross-chain infrastructure development.

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The full lineup of WAIC's surrounding events is here! This weekend in Shanghai, head to these spots to enjoy AI and have fun.

Beating releases the "WAIC Complete Peripheral Activities Collection & Food, Drink, and Entertainment Guide", themed "WAIC Amusement Park | Player's Manual", which systematically sorts out key activities inside and outside exhibition halls and urban experiences during WAIC (July 17-20). The guide is structured around sections including "Hidden Side Event Collection", "Urban Supplies", and "Open Coordinates", featuring forums, developer gatherings, startup exchanges, brand receptions, and social events such as the AI Business Summit, Physical AI Camp Demo Day, AI Builders Night, vLLM Meetup Shanghai, WAIC Afterparty, and Cafe Cursor Shanghai. It also recommends nearby restaurants, coffee shops, bars, city walks, and Huangpu River night cruise routes at venues like Expo, Zhangjiang, and West Bund. The guide provides a one-stop route reference for WAIC attendees, helping them efficiently connect with industry resources and unlock a more complete Shanghai AI Week experience. Click the "Original Link" below to view the full guide content.

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The US military launches a new round of strikes against Iran.

U.S. Central Command stated that at 6 a.m. Eastern Time today (18:00 Beijing time), its forces launched a series of strikes against Iran. The strikes aim to further weaken Iran’s military capabilities used to attack commercial shipping in the Strait of Hormuz. Source: Jinshi

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PeckShield: Abnormal fund movement in LayerZero Executor wallet is not an attack, user funds are not at risk.

Blockchain security firm PeckShield stated in a post that the previously detected abnormal fund movements in LayerZero's executor wallets are not a security incident, but part of normal operational adjustments. PeckShield confirmed that user funds are currently not at risk.

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A crypto whale’s short position on the ETH/BTC exchange rate has incurred an unrealized loss of over $3.85 million.

Per on-chain analyst ai_9684xtpa’s monitoring, address 0xf83…96728 currently holds 12,832 ETH in 20x short positions and 366 BTC in 20x long positions, with both positions valued at roughly $24 million each. As ETH has outperformed BTC in this round of rebound, the address’s ETH position has an unrealized loss of around $4.07 million, while its BTC position generates an unrealized profit of approximately $216,000, resulting in an overall unrealized loss of about $3.856 million.

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Japan's First Onchain Equity StrategySBI Global Asset Management and DigiFT have launched the JX Token on Solana, creating what both firms describe as a first for Japan's asset management industry. The product, formally named the SBI Japan High Dividend Equity Strategy Token, is designed to give accredited and institutional investors onchain access to a Japanese high-dividend equity fund strategy managed by SBI Asset Management, a subsidiary of SBI Global Asset Management.

The launch marks the first time a Japanese asset manager's listed-equity strategy has been brought onchain through DigiFT's regulated tokenization and distribution infrastructure. Ecosystem participants in the launch include Solana Company, Huma Finance and Plume.

DigiFT holds Capital Markets Services and Recognised Market Operator licences from MAS, as well as Type 1 and Type 4 licences from the Hong Kong SFC, a dual regulatory standing that has made it a tokenization and distribution partner for global and regional asset managers including UBS Asset Management, Invesco, BNY and Franklin Templeton. Its roster now extends into Japan through SBI GAM's participation, adding a Japanese listed-equity strategy to that lineup for the first time.

SBI's Broader Tokenization Push and the Growing RWA MarketThe launch comes as investor attention returns to Japanese equities, supported by the Tokyo Stock Exchange's continued push for listed companies to improve capital efficiency and demonstrate greater awareness of share-price performance. SBI Holdings itself brings considerable onchain credentials to the partnership. The group has taken direct stakes across the region's tokenization infrastructure, including leading a $50 million investment in Startale Group to build a blockchain purpose-built for tokenized securities, and holding a majority stake in Osaka Digital Exchange, operator of a secondary market for security tokens in Japan.

The JX Token's structure is also designed with the regulatory direction of travel in mind. Regulators are increasingly distinguishing tokenized securities developed with issuer or manager alignment from products that offer only indirect economic exposure. In a joint staff statement issued January 28, 2026, U.S. SEC staff drew a formal line between issuer-sponsored tokenized securities, which can represent true ownership, and third-party products that typically offer only synthetic exposure.

The launch also reflects a broader evolution in tokenization: the value of tokenized RWAs distributed on public blockchains grew from $5.9 billion to $21.9 billion globally in 2025, moving the category beyond cash-like instruments and into actively managed public-market strategies. According to a report by RedStone, Gauntlet and RWA(.)xyz cited by CoinDesk, the RWA tokenization market reached $24 billion having grown 380% in three years.

For $SOL, the deal adds another institutional use case. SBI Holdings recently announced that the Solana Foundation will take an equity stake in SBI R3 Japan, the joint venture it shares with Sumitomo Mitsui Financial Group, with the entity to be renamed SBI Solana Global. The JX Token launch now gives that broader strategic relationship its first live regulated product on the Solana network.

Sources:
The Manila Times: SBI Global Asset Management and DigiFT Launch JX
CoinDesk: SBI Holdings' Blockchain Initiative Pivots to Solana
CoinDesk: RWA Tokenization Market Has Grown Almost Fivefold to $24B in 3 Years

A major partnership between Japanese financial giant SBI Holdings and the Solana Foundation has sparked debate within the XRP community. 

The concerns emerged after SBI Holdings announced a strategic partnership with the Solana Foundation to build an on-chain financial market originating from Japan. 

As part of the initiative, SBI R3 Japan will be renamed SBI Solana Global, with the Solana Foundation joining the venture alongside existing shareholders SBI Holdings and Sumitomo Mitsui Financial Group (SMFG). The new entity plans to focus on stablecoins, tokenized real-world assets (RWAs), cross-border payments, institutional on-chain finance and AI-era payment infrastructure. 

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The announcement prompted some XRP supporters to question what the move means for Ripple's relationship with SBI.

"What's up with XRP?" one X user wrote. Another asked, "Are you still supporting XRP and Ripple?" A third user commented, "Xrp was supposed to move higher because of SBI usage."

Others were more blunt. "Xrp army in disbelief after years of thinking Japan was going to use XRP," one post read.

A warning sign?The development has attracted attention because SBI has long been regarded as Ripple's closest strategic partner in Asia. The two companies formed SBI Ripple Asia in 2016 to promote Ripple's payment technology across the region. 

Over the years, SBI CEO Yoshitaka Kitao has repeatedly voiced support for Ripple and XRP, while SBI VC. SBI has also invested directly in Ripple and promoted XRP-based payment initiatives in Japan. 

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However, now the Japanese giant's attention seems to be focused on the rival stablecoin. 

XRP lawyer urges perspectiveCrypto lawyer Bill Morgan argued that XRP holders are overreacting. "The XRP community does not have to engage in cope about this news," Morgan wrote on X.

"Just accept that it is good news generally for crypto and specifically for Solana and XDC. It is not bad news for anyone."

Such sentiment has also been echoed by some other members of the XRP community. 

Solana (SOL) price advances above its 50-day Exponential Moving Average (EMA) at $76.82, following a 4% rebound the previous day. SOL derivatives witness steady positional buildup with positive funding rates and rising volume reflecting a bullish bias, despite muted institutional activity so far this week. 

Technically, SOL should surpass an overhead trendline near $81.50 to reinstate a bullish trend.

Solana regains retail strengthEasing risk-off sentiment in the crypto market, with reduced inflation risk in the US, triggered renewed retail support for major altcoins such as Solana. CoinGlass data shows SOL futures Open Interest (OI) holding stable at around $4.93 billion over the last 24 hours, while volume has increased 15% to $6.90 billion in the same period, reflecting increased trading activity that is aiding positional buildup. In addition, the funding rate of 0.0040% reflects bullish sentiment, which could further boost active positions as retail speculation builds.

However, Solana Exchange-Traded Funds (ETFs) recorded two consecutive days of zero inflows so far this week, indicating that large-wallet traditional investors are standing on the sidelines.

SOL derivatives data. Source: CoinGlass

SOL ETFs data. Source: SosovalueWill Solana extend its recovery?Solana shows steady recovery, inching closer to the $80 mark on Wednesday. SOL maintains a capped tone, holding above the 50-day EMA at $76.82 but remaining well below the descending trendline near $81.50 and the 200-day EMA at $94.52.

Still, the near-term recovery in SOL sustains above the 50% retracement at $76.92, measured over the $98.41 to $60.13 downswing. A decisive close above $81.50 could confirm the downward trendline breakout, potentially targeting the 78.6% Fibonacci retracement level at $88.56, guarding the upside to the 200-day EMA at $94.52.

The Relative Strength Index (RSI) at around 54 hints at mildly constructive momentum, while the Moving Average Convergence Divergence (MACD) is approaching the signal line, maintaining a neutral tone.

SOL/USDT daily price chart.On the downside, initial support is provided by the 50-day EMA at $76.82, with further demand expected at the prior upward trendline at $68.88 and the cycle low near $60.13 as a deeper structural floor.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Morgan Stanley Set To Launch New Crypto ETFsThe banking behemoth submitted amended S-1 filings for two funds: the Morgan Stanley Ethereum Trust ETF, to trade under the ticker MSSE, and the Morgan Stanley Solana Trust ETF, to trade under the ticker MSOL.

Both funds will have a management fee of 0.14%, with built-in staking capabilities. This means that apart from tracking the performance of the underlying asset, the ETFs would distribute staking rewards to their respective shareholders.

Bloomberg ETF analyst James Seyffart also highlighted the development, adding that the official launch is likely getting “pretty close.”

A New Wave After Bitcoin?The bank recommends Bitcoin allocations of 0%-2% in some portfolios and 2%-4% in more aggressive portfolios.

Price Action: At the time of writing, ETH traded at $1,886.12, up 5.70% in the last 24 hours, according to data from Benzinga Pro. SOL traded up 4.19% at $78.28 on last check.

Morgan Stanley shares rose 1.68% in after-hours trading after closing 2.98% higher at $227.67 during Tuesday’s regular trading session. Year-to-date, the stock has rallied 28%.

Benzinga’s Edge Stock Rankings give MS stock a stronger price trend across short-, medium- and long-term periods, along with a superior Momentum score.

Photo by Taljat David via Shutterstock

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Solana has staged a significant recovery since its June low near $60, climbing to the $77–$78 range. This rebound marks a gain of almost 30%, leading many traders and analysts to focus on key support and resistance levels that could determine the cryptocurrency’s next major move.

Institutional partnership drives confidenceSBI Holdings, a leading financial services group based in Japan, has joined forces with the Solana Foundation to develop on-chain financial infrastructure. The collaboration centers on integrating stablecoins, tokenizing real-world assets, and facilitating cross-border payments.

This strategic partnership has been interpreted as a sign of increasing institutional interest in the Solana ecosystem, reinforcing its position as a compelling platform for financial innovation.

During the past 24 hours, Solana’s network handled trading volumes exceeding $4 billion on decentralized exchanges, outperforming other blockchain platforms over the same period.

SBI Holdings is known for its prominent role in financial markets and its active involvement in digital asset development across Asia.

Mini dictionary: Solana Foundation, the non-profit entity behind the Solana blockchain, supports the development and adoption of high-performance decentralized applications and global blockchain infrastructure.

Technical signals as price consolidatesSolana’s price is consolidating just above a key middle Bollinger Band at $76.73. The indicator’s upper and lower bands are set at $84.89 and $68.57, respectively, creating clear technical boundaries for the asset in the short term. The digital asset shows an upward-trending channel, characterized by a succession of higher highs and higher lows.

Market analyst Ali Charts noted that Solana’s Average True Range (ATR) trailing stop has recently shifted below the current price, marking the first SuperTrend buy signal on Solana since October 10. In a detailed post on X, Ali Charts pointed out that if bullish momentum continues, Solana could reach as high as $96 or even $121. However, he also underscored the importance of the $60 level, stating that a breakdown would undermine the positive technical outlook.

Ali Charts highlighted that the ATR trailing stop flipped below price, creating a bullish SuperTrend signal. He projected potential movement toward $96 or $121 should upward momentum persist, but flagged $60 as the critical level, warning that any decline below this would negate the current positive trend.

Key support and resistance areasTechnical analyst BitGuru pointed to the $74–$75 range as vital support, emphasizing that holding above this area could prompt buyers to target $80–$84. Conversely, losing this support could push SOL’s price toward the $68.57 level, weakening short-term bullish sentiment.

BitGuru suggested that as long as Solana remains above $74–$75, a rebound toward $80–$84 is possible. However, a drop below this zone could result in swift downside pressure.

The Moving Average Convergence Divergence (MACD) indicator, currently reading 0.9160 and lying below its signal line at 1.2750, displays a negative histogram of -0.3590, signaling cooling momentum in the immediate term.

Looking ahead, analysts are closely watching the $89–$92 range as a significant resistance barrier. Repeated past attempts to break through this zone have failed, but a decisive move above $92 would set sights on the $100 level, considered a key psychological milestone for Solana.

LevelValueImplicationSupport$74–$75Holding here could spur rebound to higher resistanceLower Bollinger Band$68.57Drop below increases downside riskResistance$89–$92Break could lead to $100 targetCurrent Price$77.01Up 1.74% in last 24 hoursAt this stage, Solana trades at $77.01, reflecting a 1.74% increase in the most recent 24-hour session. The token’s market capitalization stands at about $44.79 billion, with 24-hour trading volumes at $3.87 billion, according to CoinMarketCap.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Dog-themed cryptocurrency Shiba Inu has scored a new milestone, this time in the total number of burn transactions.  

According to Shibburn, Shiba Inu burn transactions have surpassed 21,000 in a new milestone. As given on the Shibburn website, total burn transactions are currently 21,169, yielding a total of 410,840,379,271,575 SHIB burned presently. This represents 41.08% of Shiba Inu's initial supply of 1 quadrillion, with the remaining supply given as 58.92%.

Shiba Inu's total supply is 589.15 trillion SHIB, while circulating supply is given as 585.61 trillion SHIB according to the Shibburn website. In the last 24 hours, 2.85 million SHIB were burned, adding to a total of 155.11 million burned in the last seven days and 259.39 million SHIB in the last 30 days.

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This milestone coincides with Shiba Inu surpassing 1.6 million holders; according to Etherscan data, the total number of SHIB holders is currently 1,676,819.

SHIB price actionShiba Inu is trading in the green following a broader crypto market rebound as the latest consumer price index print came in sharply lower than expected. The CPI fell 0.4% in June, bringing its year-on-year increase to 3.5%. That helped push expectations for a July rate hike by the Fed lower.

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At the time of writing, SHIB was up 3.1% in the last 24 hours to $0.00000424. Shiba Inu fell to a low of $0.000004 on Monday in a three-day drop, following which it rebounded.

The recovery continued into early Wednesday alongside the broader crypto market ahead of the latest producer price index print for June, due later in the session. Investors will look further for insight into the U.S. economic picture after consumer inflation data came in cooler than expected in the previous session.

The PPI is expected to have held steady in June, according to consensus forecasts, having risen by 1.1% the previous month.

Humanoid robot company LimX Dynamics completes nearly $200 million Pre-IPO financing

Shenzhen-based humanoid robot company LimX Dynamics has closed nearly $200 million (approximately RMB 1.356 billion) in Pre-IPO financing, bringing its post-money valuation to RMB 15 billion. The company has raised a total of $400 million over the past six months. Investors in this round include IDG Capital, Lens Technology from Apple’s supply chain, Europe-based GGG Group and Redstone VC, WestSummit Capital, and Hefei Binhu Industrial Development Group, among others. Additionally, UAE-based Stone Venture has made multiple follow-on investments across rounds; several existing investors — including Oasis Capital, Cornerstone Capital, Nanshan Strategic Emerging Industries Investment, Shangqi Capital, and NIO Capital — over-subscribed. Overseas capital accounted for nearly 70% of the round. The company will ramp up core technology R&D, accelerate the large-scale deployment of LimX Luna, and expand into overseas markets. It has now completed its shareholding reform and is steadily advancing its IPO.

DeepSeek launches another funding round within a month, valuation expected to rise to about $71 billion

After completing its first funding round of approximately $7 billion at the end of May, with a post-money valuation of around $52 billion, Chinese AI startup DeepSeek has begun preliminary discussions with new investors this week for a new round. The pre-money valuation for the new round is set at approximately $71 billion, a roughly 37% increase over the previous round. The company plans to step up capital expenditures, build its own data centers, and purchase more AI chips to support the rapidly growing computing demands of its AI Agents and other businesses. In the initial round, founder Liang Wenfeng personally contributed around $3 billion, with other investors including CATL, Tencent, JD.com, NetEase, IDG, Monolith, Shixiang, and a national-level AI fund.

UK HMRC to apply “no gain, no loss” tax treatment to certain crypto lending and liquidity pools

The UK HM Revenue & Customs (HMRC) will apply “no gain, no loss” treatment to certain cryptoasset lending and liquidity pool arrangements, levying capital gains tax (CGT) only when a substantive economic disposal occurs. The measure will take effect from 6 April 2027 and apply to individuals and trustees participating in crypto lending and automated market maker (AMM) liquidity pools. The policy covers three scenarios: single crypto lending arrangements, borrowing assets, and participation in liquidity pools via smart contracts. The portion where the same type of cryptoasset goes in and out with no change in quantity is treated as no gain, no loss; any difference between contributed and redeemed quantities will give rise to a capital gain or loss. HMRC expects the rule to affect approximately 700,000 participants and will implement it by amending the Taxation of Chargeable Gains Act 1992.

ECB selects 36 payment institutions for digital euro pilot launching in second half of 2027

The European Central Bank (ECB) has announced the selection of 36 payment service providers (PSPs) from the euro area to participate in the digital euro pilot. The pilot will launch in the second half of 2027 and run for 12 months, conducted by the ECB and 19 euro area central banks. It will test digital euro payments, offline payments, e-commerce, and in-store consumption, while optimizing user experience in preparation for a potential future issuance. Following a call for expressions of interest sent to euro area PSPs in March 2026, more than 50 applications were received, and 36 PSPs from various member states were ultimately selected, including Deutsche Bank, Adyen, Revolut Bank, Stripe Technology Europe, and Worldline. The ECB stated that if the EU adopts digital euro regulations in 2026, it aims to be ready for a possible first issuance by 2029, with the final decision on issuance to be made later.

Binance Alpha Box launches airdrop for Orochi Network (ON) and Metaplex (MPLX) tokens

The Binance Alpha Box event is now live, with an airdrop pool consisting of Orochi Network (ON) and Metaplex (MPLX) tokens. Users holding at least 251 Binance Alpha Points can claim a one-time airdrop on the Alpha Events page. After claiming, users will be assigned to different reward tiers, receiving 315, 395, or 1,125 ON, or 1,038, 1,298, or 3,705 MPLX. Rewards are available on a first-come, first-served basis. If the airdrop is not fully distributed, the eligibility threshold will automatically decrease by 5 points every 5 minutes. Claiming consumes 15 Alpha Points, and users must confirm within 24 hours; otherwise, the airdrop will be forfeited.

London payments company Velocity completes $38 million Series A led by crypto VC Dragonfly

London-based payments startup Velocity has closed a $38 million Series A funding round led by crypto VC Dragonfly, with participation from Coinbase, Capital One Ventures, and market maker Wintermute. Founded in 2025, Velocity provides stablecoin-based cross-border settlement and treasury management solutions for global merchants, payment institutions, fintech companies, and financial institutions, with traditional banks and foreign exchange providers as its main competitors. The company currently operates in the US, select European countries, and Australia. The new funds will be used to pursue licenses in African and Latin American markets, strengthen asset custody infrastructure, and develop yield-generating stablecoin products to meet the more complex treasury and cross-border settlement needs of large enterprises.

Ethereum institutional privacy tech firm EthSystems launches with backing from Bitmine, Sharplink, and others

Ethereum institutional privacy technology company EthSystems has announced its official launch, securing strategic funding from ecosystem backers including Bitmine, Sharplink Gaming, and Joe Lubin. The company was reportedly founded by the core team of the Ethereum Foundation’s Institutional Privacy Working Group and focuses on developing privacy technology for banks, asset managers, and other regulated institutions, enabling them to execute financial transactions at scale on the Ethereum network while protecting sensitive information such as transaction details and client identities.

US June unadjusted CPI annual rate 3.5%, below the 3.8% market expectation

The US June unadjusted CPI annual rate came in at 3.5% (previous 4.2%), versus a market expectation of 3.8%; the seasonally adjusted CPI monthly rate was -0.4%, the largest decline since April 2020.

CleanSpark signs $6.6 billion, 20-year data center lease with global technology giant

Bitcoin miner CleanSpark announced it has signed a 20-year triple-net data center lease with a high investment-grade rated global technology company for its Sandersville campus in Georgia, USA. The lease is expected to contribute approximately $6.6 billion in revenue over the contract term, with two five-year renewal options that could increase the total to about $11.6 billion. Under the lease, the tenant will deploy 175 MW of critical IT load at Sandersville, with the earliest delivery starting in Q4 2027. The agreement is expected to deliver a cumulative net operating margin near 100%. CleanSpark estimates landlord project costs at $10 million to $12 million per MW. The tenant also receives exclusive negotiation rights for CleanSpark’s power portfolio of up to 885 MW in Texas, extending the two parties’ collaboration on AI and high-performance computing infrastructure.

Pact Labs completes $7 million Series A round led by Tether

Tether announced a lead investment in a $7 million Series A round for infrastructure provider Pact Labs, with participation from Blockchange Ventures and Lasagna. The funds will be used to expand the application of USA₮ in scenarios such as payroll, earned wage access, credit, and daily payments. Tether plans to embed the US-regulated digital dollar USA₮ into U.S. enterprise payroll and payment systems through Pact Labs, enabling real-time wage disbursement, integrated digital wallets, and bypassing the time delays of traditional batch payments.

IBM's decline widens to 26%, setting its largest intraday drop in history

According to Bybit data, IBM (IBM.N) saw its decline widen to 26%, setting its largest intraday drop on record.

Grayscale transfers approximately 852 Bitcoins to Coinbase Prime

Grayscale transferred 852.7 BTC to Coinbase Prime, worth approximately $54.4 million at current prices.

Sources: DeepSeek expected to file IPO application this year

DeepSeek has initiated mainland China IPO planning, aiming to file an application as early as this year and targeting a 2027 listing. The company is working with an accounting firm to complete its financial statements by December this year in preparation for the filing. After a previous funding round of approximately $7 billion, DeepSeek has launched a new round of private financing, seeking to raise funds at a valuation of at least RMB 480 billion (about $71 billion), with a target to raise no less than RMB 10 billion, and the specific scale could multiply several times depending on investor participation. Existing shareholders include Tencent, CATL, and the National AI Industry Investment Fund. Founder Liang Wenfeng stated that the company will prioritize advanced AI research and open-source models, pursuing the long-term goal of artificial general intelligence.

Kalshi launches AI compute forward tool, betting on “compute commoditization”

Prediction market platform Kalshi has introduced a forward curve tool for pricing AI computing power costs. Through weekly and monthly computing cost event contracts, it provides a single forward price with a term of up to one year, used to gauge the future cost of renting different tiers of GPUs. Kalshi stated that the tool can serve as a pricing foundation for subsequent derivatives such as compute-related futures and options, meeting hedging and risk management needs. Meanwhile, CME Group and ICE are also advancing collaborations with index providers to launch futures contracts linked to AI computing power, as compute is increasingly being viewed as an emerging commodity similar to natural gas and jet fuel.

Fed Chair Warsh: Fed is committed to price stability with a 2% inflation target

Fed Chair Warsh said in a House hearing: We want broader economic growth, and we want the rise in inflation to be more limited. Inflation is a "choice." Now is not the time for the Fed to shirk responsibility for inflation. The Fed is committed to price stability with a 2% inflation target. The Fed has the tools to achieve price stability. It is no secret that I am very critical of the Fed’s 2020 framework. The Fed’s framework in 2020 was a mistake and failed. I am glad that my predecessor later abandoned the 2020 framework. I will review the inflation framework to understand the causes of inflation and what we can do about it.

Trump: Blockade only Iranian maritime shipping; replace U.S. 20% compensation fee with Gulf investments

U.S. President Trump stated: Oil liquidity is unprecedented. The Strait of Hormuz is open to all ships except those of Iran — Iran is excluded because its leadership, filled with lies, violence, and malice, is driving the country toward the abyss of total destruction. We will implement a comprehensive blockade, but only targeting ships traveling to or from Iranian ports or carrying goods related to Iranian cargo. I have decided to cancel the requirement for the "U.S. 20% compensation fee" and replace it with the trade and investment agreements reached between Gulf states and the United States. The scale of these investments will be enormous. The days of Iran causing hundreds of thousands of deaths are over, and more importantly, Iran will never possess nuclear weapons.

DeepMind CEO calls for a U.S.-led global AI regulatory body

Google DeepMind CEO Demis Hassabis called for the creation of a U.S.-led global AI regulatory body responsible for evaluating frontier models before release and coordinating an industry-wide "brake" when they are deemed high-risk. In his blog post titled "A Framework for Frontier AI and the Dawning of a New Age," he stated that given the economic and technological strength of the United States, the U.S. should take the lead in setting global standards and plans to drive the establishment of the body within this year. Axios reported that Hassabis has in recent months privately engaged with the Trump administration, other AI labs, and EU officials to garner support, believing that artificial general intelligence (AGI) could arrive within a few years, making global regulation increasingly urgent.

U.S. government moves more seized Bitfinex hack assets to Coinbase

The U.S. government further moved seized assets from the Bitfinex hack, transferring approximately 901,000 USDC to a new wallet address and 5,940 ETH (about $11.14 million) to Coinbase Prime. The publicly tagged address for the Bitfinex hack seized funds has now had its balance drop to zero, with most assets moved to Coinbase Prime and the aforementioned new wallet (0x7d7c1c4ce6c654965072c5988383e3b91eea9558).

Interactive Brokers adds support for 12 new crypto assets; enables USDC, PYUSD, and RLUSD withdrawals to external wallets

Interactive Brokers announced it has added support for trading 12 new crypto tokens through Zero Hash and Paxos. With this expansion, users can trade more digital assets. The platform also launched a stablecoin withdrawal feature, allowing clients to convert their USD balances into stablecoins and supporting withdrawals of USDC, PYUSD, and RLUSD to external wallets. This feature means that users can not only hold digital assets in traditional brokerage accounts but also withdraw stablecoins to on-chain wallets, further connecting traditional financial accounts with the crypto ecosystem.

Fidelity: The long-term use case for tokenized funds is balance sheet management for large institutions

Asset management giant Fidelity stated that the most compelling long-term use case for tokenized funds is balance sheet management for large global institutions, rather than merely providing round-the-clock liquidity. Tokenized money market funds and other on-chain tools can help pensions, insurers, and corporations use cash scattered across accounts and jurisdictions more efficiently. Tokenization will take decades to mature into a comprehensive balance sheet management ecosystem.

Airbnb CEO: RWA tokenization will make “ownership fluid,” driving global asset sharing

Airbnb CEO Brian Chesky said that real-world asset (RWA) tokenization is expected to reduce friction in traditional asset ownership, enabling more efficient asset transfer, fractional ownership, and global participation. Blockchain-based asset tokenization technology can transform traditional asset trading models, allowing real-world assets like real estate, equity, and collectibles to enter global markets in digital form, lowering barriers to entry and improving transaction efficiency. He stated, "The internet made information fluid, and tokenization will make ownership fluid."

Sam Altman-backed drone company Brinc raises $125 million, with participation from Index Ventures and others

Brinc, a drone company backed by OpenAI founder Sam Altman, announced the completion of a $125 million funding round led by existing investor Motorola Solutions, with participation from Index Ventures and previous investors including Dylan Field. The company focuses on applying AI-based drone technology to public safety, including replacing some high-risk human response tasks.

Chipmaker Tower Semiconductor to Invest $3 Billion in Japan

Chipmaker Tower Semiconductor announced on July 14 local time that it will invest $3 billion to strengthen chip manufacturing in Japan, including a $1 billion grant from the Japanese government. The statement said the first phase will significantly increase 300mm silicon photonics device production capacity, with full production expected in the fourth quarter of 2027. This phase includes retrofitting the former Fab 6 facility to equip it with 300mm silicon photonics device capacity and advanced packaging capabilities. The second phase will start simultaneously with the first phase and includes building a new 300mm lithography manufacturing plant next to the Fab 7 facility.

Benchmark sharply raises Bitcoin miner Hut 8 target price to $165

Benchmark raised its target price for Bitcoin miner Hut 8 (HUT) from $85 to $165, citing the company’s acceleration in commercializing its AI data center business and a total of $16.8 billion in long-term AI infrastructure contract value secured. Currently, Hut 8 shares trade at around $97, and Benchmark's new target implies about 69% upside. The stock has fallen nearly 30% cumulatively over the past six weeks. Analyst Mark Palmer said the commercialization progress of Hut 8’s Beacon Point AI data center campus in Texas “has changed the company’s valuation logic,” significantly boosting the project’s value. Additionally, the River Bend data center lease signed by Hut 8 with Fluidstack and backed by Google is valued at approximately $7 billion. Together, the two contracts have a combined base term value of $16.8 billion, and if tenants exercise the included 5-year renewal options, the potential total value could rise to $42.8 billion.

OpenAI has integrated Kalshi prediction market data

ChatGPT under OpenAI has begun displaying World Cup match prediction data provided by prediction market platform Kalshi in search results, marking the first disclosed collaboration between OpenAI and a prediction market platform. Currently, when users search for FIFA World Cup match-up information on ChatGPT, the system displays team win probabilities calculated based on the Kalshi prediction market, presented in chart form. However, this feature is currently for informational display only, and users cannot directly trade prediction contracts through ChatGPT.

Bloomberg analyst: Gold ETFs see $15 billion in outflows since March, exceeding total Bitcoin ETF withdrawals

Bloomberg senior ETF analyst Eric Balchunas said on X that the gold ETF SPDR Gold Shares (GLD) has seen nearly $15 billion in outflows since March 1, and that this outflow amount is actually about 50% larger than the cumulative outflows from all spot Bitcoin ETFs since their peak last October. It is reported that this large-scale redemption reflects some investors reallocating their safe-haven asset positions, and whether funds are flowing into digital assets like Bitcoin will become a key market focus going forward. Analysts believe the gold market is undergoing a capital realignment phase described as “After the Gold Rush.” Previously, amid rising geopolitical risks, inflation concerns, and heightened safe-haven demand, gold ETFs attracted massive inflows and pushed gold prices higher. In contrast, spot Bitcoin ETFs experienced massive inflows after approval, but recently with increased market volatility, fund flows have been somewhat choppy.

U.S. government empties a wallet containing FTX/Alameda forfeited assets, transferring out a total of $564,400 in assets

Following yesterday’s transfer of funds seized from the Bitfinex hackers, the U.S. government today emptied another wallet holding forfeited FTX/Alameda assets, distributing the funds across eight new addresses. The transferred assets include: 4,110 AXS ($4,100), 5.37 YFI ($11,400), 1,230 COMP ($21,100), 311,600 MANA ($21,800), 0.533 WBTC ($34,400), 4,050 NMR ($39,900), 138,950 RLC ($40,700), and 209.18 ETH ($391,000), totaling approximately $564,400. The original wallet balance has been zeroed out.

U.S.-UK transatlantic working group releases digital asset roadmap to promote stablecoin innovation

The United States and the United Kingdom are deepening cooperation on digital assets, releasing a joint statement from the Transatlantic Future Markets Working Group, stating that regulated stablecoins have the potential to improve the efficiency and competitiveness of the financial system. The working group was established last year to deepen bilateral cooperation and reduce market fragmentation. The joint statement calls on the Bank of England, the UK Financial Conduct Authority (FCA), and the U.S. CFTC and SEC to develop approaches for the treatment of tokenized assets, and directs the FCA and SEC to “explore options to facilitate cross-border financing.” The statement also supports competition and innovation in assets such as stablecoins and tokenized deposits, emphasizing standards on custody, reserve segregation, and consumer protection, and providing clear priority legal claims for stablecoin holders in bankruptcy situations. This statement comes on the one-year anniversary of the passage of the U.S. GENIUS Act, with Fed Chair Kevin Warsh telling a House Financial Services Committee hearing that “rules are being rushed to be released before the July 18 deadline.”

U.S. CFTC prevents Kalshi from canceling trades ordered by Michigan court, says state lacks authority

The U.S. Commodity Futures Trading Commission (CFTC) on Tuesday ordered Kalshi to honor trades involving Michigan residents, despite a Michigan state court previously ordering Kalshi to stop offering sports event contracts and void some existing trades. CFTC Chairman Michael Selig said “a state cannot force a designated contract market to violate its obligations, and federal law does not allow a DCM to discriminate against residents of any state,” and called canceling executed trades an “unprecedented move that could have ripple effects across the entire market.” Michigan previously issued a 14-day restraining order against Kalshi, with the state attorney general saying “gambling laws are designed to protect Michigan residents from unlicensed predatory operations.” The CFTC has filed lawsuits against nine states including Arizona, Connecticut, Illinois, and Kentucky to defend its congressional jurisdiction.

Trump: Strikes on Iran will continue until I say stop, energy targets will be hit last

U.S. President Trump said in an interview that U.S. strikes on Iran will continue until he decides to stop. Trump reiterated that the Strait of Hormuz must remain open. Trump said the U.S. will eventually hit Iran’s energy targets, but those targets will be left for last. Trump said that unless Iran returns to the negotiating table, the U.S. will strike Iran’s power plants and bridges next week. Asked when he last spoke with the Iranian side, Trump said his representatives talked with Iranian officials this very afternoon. Trump said U.S. officials told the Iranian side that Tehran had better make a deal or will be left with “nothing.” When asked if he thinks Iran will reach a deal, Trump said Iran should do so, but he doesn’t know whether Iran will.

Apple is in talks with a startup that can compress AI models to run locally on iPhones

Apple is evaluating the technology of a startup called PrismML. The startup claims its technology can deeply compress high-performance AI models so they can run directly on iPhones, reducing memory usage by up to 15 times. This technological breakthrough could allow more AI computing to be done locally on the phone without sending requests to the cloud, thereby speeding up Siri and strengthening user privacy. If PrismML’s claimed performance is fully realized in actual tests, the technology could reshape market demand for memory and data center computing power; however, analysts say the AI industry as a whole will continue to consume large amounts of chip resources.

OpenAI plans to launch a home smart speaker as its first hardware product

OpenAI is developing a screenless, movable smart speaker as an AI companion device with human-like traits. It can link and control smart home appliances while deeply invoking the full capabilities of ChatGPT. The core design feature of this device is that as it gains deeper understanding of users’ habits, it will continuously iterate personalization and proactively offer services. Its most central highlight is a dedicated personality trait, enabling it to build a human-like emotional connection with users. OpenAI plans to officially unveil this product this year and begin sales in 2027, but the project may face delays due to a lawsuit filed by Apple — Apple accuses OpenAI of stealing its trade secrets in order to accelerate the development of its own hardware devices.

Wall Street turns cautious on Circle, analysts warn of mounting pressure on USDC's economic model

Wall Street analysts are growing more cautious on Circle. Mizuho downgraded Circle from Neutral to Underperform, slashing its price target from $85 to $50, a cut of over 41%; JPMorgan lowered earnings estimates for both Circle and Coinbase on the same day. Mizuho believes that Open USD, supported by over 140 companies including Visa, Mastercard, Stripe, BlackRock and Coinbase, adopts a "pass-through" model that distributes nearly all reserve yields to distributors, potentially forcing Circle to concede a larger share of reserve yields to stay competitive. Mizuho also pointed out that Circle's revenue-sharing agreement with Coinbase is set for renewal next month, and Coinbase, as a founding member of Open USD, could hold a stronger bargaining position in negotiations. JPMorgan cited Circle's new agreement with Hyperliquid as an example, saying it reflects a competitive landscape where Circle and Coinbase are forced to vie to offer the best revenue splits in order to retain partners. Bernstein and William Blair remain bullish on Circle, arguing that its liquidity, regulatory first-mover advantage, and network effects are hard to replicate.

Morgan Stanley files updated documents for Ethereum ETF and Solana ETF, both with 0.14% fee

Bloomberg ETF analyst James Seyffart posted on X that Morgan Stanley has filed updated documents for its Ethereum ETF and Solana ETF, with tickers MSSE and MSOL respectively, both carrying a 0.14% fee, suggesting that the launch may be imminent.

South Korea's KOSPI index surges 7.00% intraday, now at 7338.63

Bybit market data shows that South Korea's KOSPI index surged 7.00% intraday and is now quoted at 7338.63.

Czech Republic bans Polymarket for illegal gambling, orders ISPs to block it

The Czech Ministry of Finance added Polymarket to the list of unauthorized internet games on July 13, giving internet service providers 15 days to block the platform, making it the latest European country to block Polymarket. Jan Řehola, director of the Czech Institute for Gambling Regulation, said that in legal gambling, the state knows the operator, participants, suspicious bets, and player protection mechanisms, whereas prediction markets open betting on nearly everything without comparable regulation. "This is not risk-free innovation, but a gambling product unconstrained by rules." He emphasized that contracts settled based on real-world outcomes create incentives to influence events or trade on non-public information.

U.S. Treasury Secretary: Over $130 million in Iranian digital assets frozen

U.S. Treasury Secretary Bessent stated that over $130 million in Iranian digital assets have been frozen. Earlier news reported that Tether froze four wallets on the TRON network holding a total of 131 million USDT.

Circle banned Tether-backed crypto fund Heka Funds, which lost arbitration after filing claim

According to newly public court filings, stablecoin issuer Circle banned the Tether-backed crypto fund Heka Funds in late 2023, accusing it of market manipulation through large-scale arbitrage and helping Tether expand its market share. During the Silicon Valley Bank crisis in 2023, USDC briefly fell below its $1 peg, and Heka continued to buy large amounts of discounted USDC and redeem them for U.S. dollars from Circle. Circle believed its redemption volumes far exceeded those of other market participants and suspected the relevant funds ultimately flowed to Tether to help expand the USDT market. Arbitration documents show that Tether had invested approximately $800 million in Heka, representing about 75% of the fund's assets, and waived stablecoin minting fees. The arbitrator determined that Heka did not truthfully disclose its relationship with Tether and knew the information would raise concerns for Circle. In 2024, Heka filed for arbitration claiming approximately $49 million in lost profits due to the account ban. In February this year, the arbitrator dismissed all claims and ordered Heka to pay about $166,000 in costs to Circle. Heka denied market manipulation and was not investigated by regulators. Circle declined to comment, and Tether did not respond to media.

Bitmine bought another 6,000 ETH from FalconX 7 hours ago, worth about $11.18 million

Bitmine, backed by Tom Lee, bought another 6,000 ETH ($11.18 million) from FalconX 7 hours ago.

Warning: Old BarnBridge Smart Yield proposals pose token approval risk, users advised to revoke approvals

According to a community alert issued by Blockaid, old governance proposals (#14 and #15) for BarnBridge Smart Yield pose token approval risks that could compromise existing token approvals if executed or upgraded maliciously. No funds have been confirmed drained yet, but users are advised to check and revoke related approvals on Ethereum as soon as possible. Proposal #14 is in an executable grace period, Proposal #15 is queued, with an estimated on-chain execution time of July 16, 09:23:58 UTC. Affected tokens include USDC, DAI, USDT, GUSD and RAI, and the relevant contract addresses have been publicly disclosed. Blockaid reminds users to use trusted approval management tools, not to trust links in replies or accounts claiming to be "support," not to send funds or sign transfers to any address, and to revoke approvals only through trusted tools.

Over 95% of Coinbase's code is now written or assisted by AI, more than doubling from 40% in February

Coinbase Head of Platform Rob Witoff said that 95% to 100% of the company's code is now written or assisted by AI, more than doubling from an estimated 40% in February. Coinbase laid off 700 employees (14% of its workforce) in May, with CEO Brian Armstrong saying AI has "dramatically" changed the pace of work and the company needs to "return to the speed and focus of a startup, with AI at its core." Witoff said that roughly 100% of Coinbase employees use AI daily, while core cryptography is still primarily written by humans and prototyping has been fully automated. Teams have been restructured around smaller, more senior groups, where 2-3 people can accomplish work that previously required more than 10. Most engineers run 5 to 10 AI agents simultaneously, and AI agents collectively handle the coding workload of about 1,200 employees. By 2030, AI agents are expected to perform work equivalent to 100,000 employees.

Tencent internally testing "Tongpinpai" light social mini-program: AI buddy matching, receive friend notifications via WeChat

Tencent is internally testing a light social mini-program called "Tongpinpai," with the slogan "Find like-minded buddies, join fun hangouts." The mini-program targets light social scenarios, helping users quickly form groups and find kindred spirits based on personality and interests. The Tongpinpai mini-program is already live on WeChat, supporting one-click WeChat login, though access is currently limited to Tencent Group internal staff and not yet open to the public. In addition, according to the Tongpinpai service account, WeChat users can also see friend notifications, system notices, and featured events pushed by Tongpinpai, helping everyone find like-minded friends better and faster. The mini-program features a built-in "Tongpinpai Radar" that, when activated, reads the user's geolocation and displays nearby users with shared interests, allowing them to tap and view others' profiles. It also supports AI matching. There is also an "Events Square" displaying user-initiated interest-based activities; users can create their own events and call on buddies with similar interests to join. The product is still in the testing phase; specific launch dates and features are subject to official announcements.

Pump.fun team and investor tokens undergo first unlock, 57.2 billion PUMP distributed to 121 wallets

The one-year lock-up period for Pump.fun's team and investor tokens ended today, entering a three-year unlock cycle. The first unlock took place in the early hours of today, with 57.279 billion PUMP ($86.49 million) unlocked, transferred out and distributed to 121 wallets. Among them, address GsM3...u6ya unlocked and transferred out 52.039 billion PUMP ($78.58 million), and address ESRc...ZM67 unlocked and transferred out 5.24 billion PUMP ($7.91 million).

Coinbase to Suspend Across Protocol (ACX) Trading on July 28

Coinbase Markets posted on X: “Coinbase will suspend ACX trading on July 28, 2026, as the project team is gradually winding down Across Protocol (ACX).” The related proposal referenced in the announcement is “Across intends to transition its protocol structure from a ‘DAO+token’ model to a U.S. C-corp.”

QuickSwap now has a full, self-contained perpetual futures stack with Perpetual Hub Ultra 2.0, which runs natively on Orbs’ Layer-3 infrastructure without requiring any third parties. In addition to one-click trading, account abstraction, and gasless transaction flows, supported order types include market, limit, stop-loss, take-profit, and advanced bracket orders. One of the oldest exchanges in decentralized finance, QuickSwap, has made Orbs’ Perpetual Hub Ultra 2.0 its default perpetual futures infrastructure across all chains. The action comes after a community governance vote titled “Full Shift of Decentralized Perpetuals to Orbs Network,” which was approved by 81.8% of QUICK token holders.

The integration builds upon QuickSwap, an Orbs-powered perpetual futures platform that was introduced on Base in Q4 2025, and replaces the Orderly-powered Falkor deployment on Polygon PoS. For a number of years, QuickSwap has worked with Orbs to operate dTWAP, dLIMIT, and Liquidity Hub in production throughout Polygon PoS and Base.

“This is what the next phase of DeFi looks like: a top-tier DEX running a complete perps stack natively on Layer-3, with liquidity from day one and execution quality that rivals centralized venues,” said Ran Hammer, VP of Business Development at Orbs. “An 81.8% community vote says it all – decentralized markets are ready to compete with traditional finance on its own terms.” 

QuickSwap now has a full, self-contained perpetual futures stack with Perpetual Hub Ultra 2.0, which runs natively on Orbs’ Layer-3 infrastructure without requiring any third parties. This stack includes execution, settlement, hedging, liquidation, pricing, and a professional-grade trading interface. Through the platform’s integrated infrastructure, which pulls from many deep liquidity venues, liquidity is generated from day one, removing the requirement for bootstrapping at launch.

With state roots committed on-chain via rollup settlement, the platform’s architecture is based on a TEE-secured execution environment that gradually rolls out and is powered by cryptographically signed price feeds. In addition to one-click trading, account abstraction, and gasless transaction flows, supported order types include market, limit, stop-loss, take-profit, and advanced bracket orders.

One of DeFi’s most well-known trading platforms, QuickSwap has been operational since 2020 and is the top exchange inside the Polygon ecosystem. QuickSwap functions over Polygon PoS and Base and is governed by its community via QUICK token voting. With more than 1.12 billion ORBS invested, Orbs is a decentralized Layer-3 blockchain with a public network of permissionless validators that use delegated Proof-of-Stake.

Both teams claim that the integration puts decentralized exchanges in a position to compete with centralized platforms on execution quality, capital efficiency, and user experience while maintaining on-chain self-custody and transparency. Perpetual Hub Ultra 2.0 is now the default perpetual trading infrastructure across QuickSwap’s deployments.

Established in 2020, QuickSwap is a prominent decentralized exchange that provides everlasting futures, swaps, and liquidity support within the Polygon ecosystem and beyond. QuickSwap, a community regulated by the QUICK token, has developed into one of the most reputable venues in DeFi, growing from Polygon PoS to Polygon zkEVM and Base while continuing to be Polygon’s flagship DEX. Visit https://quickswap.exchange to find out more.

A decentralized Layer-3 blockchain Orbs was created for sophisticated on-chain trading. Orbs functions as an additional execution layer using a Proof-of-Stake consensus, allowing sophisticated logic and scripts that are not possible with traditional smart contracts. CeFi-level execution is brought to decentralized markets with Orbs-powered protocols such as dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub. Orbs continues to develop at the cutting edge of blockchain infrastructure with a worldwide staff spread across many locations. Visit www.orbs.com to find out more.

A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.

PeckShield: Abnormal fund movement in LayerZero Executor wallet is not an attack, user funds are not at risk.

Blockchain security firm PeckShield stated in a post that the previously detected abnormal fund movements in LayerZero's executor wallets are not a security incident, but part of normal operational adjustments. PeckShield confirmed that user funds are currently not at risk.

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A crypto whale’s short position on the ETH/BTC exchange rate has incurred an unrealized loss of over $3.85 million.

Per on-chain analyst ai_9684xtpa’s monitoring, address 0xf83…96728 currently holds 12,832 ETH in 20x short positions and 366 BTC in 20x long positions, with both positions valued at roughly $24 million each. As ETH has outperformed BTC in this round of rebound, the address’s ETH position has an unrealized loss of around $4.07 million, while its BTC position generates an unrealized profit of approximately $216,000, resulting in an overall unrealized loss of about $3.856 million.

10 minutes ago

A crypto account has placed a large bet on Argentina advancing, and stands to gain approximately $12 million if the team wins the championship.

According to Arkham's monitoring, Polymarket platform account "gud.hl" holds 12.35 million Argentina World Cup-related prediction contracts. The account previously opened positions at around $1.3 million, and currently has an unrealized profit of approximately $1.1 million. If Argentina wins the World Cup, the account's position value will rise to roughly $12 million, generating substantial gains.

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The UK plans to issue its first digital sovereign bond in early 2027, potentially becoming the first G7 country to issue a government bond on a distributed ledger.

According to CoinDesk, the UK plans to launch its first digital sovereign bond, DIGIT, in early 2027, and is poised to become the first G7 nation to issue government debt on distributed ledger infrastructure. The pound-denominated bond will be issued via HSBC’s Orion platform and operate within the digital securities sandbox of the Bank of England (BoE) and the Financial Conduct Authority (FCA). BoE Governor Andrew Bailey stated that the central bank will work to secure the bond’s eligibility as collateral for market operations in the future. To date, the UK Treasury has not disclosed details including the bond’s issuance size, term, coupon rate, investor access requirements, and settlement assets.

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Predict.fun World Cup Semi-Final: England vs Argentina Showdown, England’s Probability of Advancing Reaches 53%

Data from prediction market platform Predict.fun shows that the 2026 FIFA World Cup (co-hosted by the US, Canada, and Mexico) semi-final will pit England against Argentina. As of press time, the market gives England a roughly 53% chance of advancing, while Argentina holds a ~46% probability, with both sides’ odds being very close. Scheduled for the early morning of July 16 (Beijing time), this highly anticipated World Cup semi-final will revive the classic England-Argentina rivalry. In World Cup history, the two sides have faced off in five tournaments: 1962, 1966, 1986, 1998, and 2002, making this one of the most talked-about rivalries in the World Cup. Overall, England holds a slight edge in their head-to-head record, but the two have met three times in World Cup knockout rounds before: Argentina came out on top twice, while England’s only win in those matches came en route to its first-ever World Cup title. Both sides’ paths to the semi-final in this World Cup have also been full of tests. Argentina has gone to the wire in three consecutive knockout matches, beating Cape Verde, Egypt, and Switzerland in succession; England, meanwhile, has come from behind against DR Congo and Norway, and edged past Mexico, demonstrating strong ability to perform under pressure. This match is not only a key battle for Lionel Messi-led Argentina to defend its title, but also a crucial opportunity for England to return to the World Cup final for the first time in 60 years.

10 minutes ago

Alibaba was up more than 3% at one point during pre-market trading of US stocks.

According to market data from BIT (Bit.com), Alibaba (BABA.N) rose more than 3% at one point during pre-market trading of US stocks.

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Table of contents

Tilted, a Web3 gaming and social media platform, is pleased to announce its strategic partnership with Conflux Network, a public layer-1 blockchain built to achieve high transaction throughput under security. This partnership is aimed at joining Artificial Intelligence (AI) creation tools with scalable blockchain infrastructure.

🤝 Tilted x @Conflux_Network Partnership Announcement

Tilted and Conflux Network are teaming up to bring next-gen AI creation tools to a global user base.

Tilted is the AI platform and workspace for Gen Z, they bring creators and builders one place to generate UGC, build apps,… pic.twitter.com/hulYhKtJAy

— Tilted (@tiltedxyz) July 14, 2026 Tilted is among the trusted platforms for providing innovative services in terms of creating content that inspires users, especially Gen Z, for an interesting display and a smooth playing experience. This thing enables users to generate AI-Powered user-generated content (UGC) and build AI applications. Tilted has released this news through its official social media X account.

Tilted and Conflux Network Empower the Next Generation of AI Creators   Conflux Network is known for its regulatory-compliant blockchain infrastructure in China and offers scalable, secure, and decentralized infrastructure for Web3 applications. On the other hand, Tilted creates and deploys custom AI agents and has 25000 users with a 150K+ member community. Both partners have a long, satisfactory history of making successful collaborations.

In this world, everything matters a lot in terms of decentralization and innovation for the betterment of users around the world. Tilted brings innovative things with each passing day and plays an essential role in attracting users for Web3-based and AI services. Basically, this partnership is going to expand the possibilities of Web3 along with AI in content creation that has some value among the audience.

Enhancing AI Creation with Decentralized Infrastructure The unification of Tilted and Conflux Network improves scalability, accessibility, and transparency for AI-driven Web3 applications. They also enable a borderless AI creator economy with decentralized technology and encourage creators and developers to make unique and innovative products in the market.  

The credibility of any platform is judged by scalability, transparency, and error-free services for the betterment of desired and expected results. This integration is no less than a big opportunity in the world of content creation and a point of attraction for users sitting in different corners of the world. They ensure trusted services along with the proper satisfaction of users, even in the gaming world.

AUTHOR

Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.

Pendle introduces PT auto-looping feature for V2 update

Zoomex Monthly On-Chain Report: June 2026

US Treasury Secretary Scott Bessent announced that the US government ordered the freezing of more than $130 million in cryptocurrency held in wallets associated with Iran, in response to escalating tensions in the Middle East.

Wallet freeze targets Iran’s Central BankBlockchain investigator Specter earlier identified onchain data showing that stablecoin issuer Tether froze four Tron blockchain wallets containing a total of $131 million worth of USDt (USDT). Bessent confirmed that these wallets were linked to the Central Bank of Iran.

Mini dictionary: Tron, a blockchain platform focused on high-throughput and scalable decentralized applications, supports USDT (Tether) token issuance and transactions. Tether is a popular stablecoin pegged to the US dollar, widely used in cryptocurrency trading and payments.

Bessent emphasized the Treasury Department’s efforts to counteract Iran’s financial activities using digital assets. He stated, “US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets.” He added that authorities will continue tracing and blocking funds to prevent the Iranian government from accessing income generated via illicit operations.

“We will continue to aggressively follow the money and deny the Iranian regime access to the proceeds of its illicit revenue schemes.”

Ongoing pressure campaign against IranThe asset freeze coincided with the breakdown of a ceasefire between the US and Iran. Washington renewed its blockade of Iranian ports, while the US Central Command reported a new wave of military strikes on targets in Iran. On the same day, Iranian defense sources claimed to have conducted drone operations against American military facilities at Jordan’s Al Azraq Air Base.

This is not the first time the US government has coordinated with Tether on such actions. In April, Tether stated it froze over $344 million in USDT at the request of US authorities, as part of broader measures targeting Iran’s access to international financial systems.

MonthFrozen Amount (USDT)Initiated byApril$344 millionTether, US authoritiesJune$131 millionTether, US TreasuryOperation Economic Fury expands seizuresBessent earlier reported in May that the US had seized around $1 billion in Iranian crypto assets since the introduction of Operation Economic Fury, a financial pressure campaign begun in March 2025.

He described the ongoing initiative as a comprehensive effort targeting procurement networks supplying the Iranian military. “Through Economic Fury, the Treasury Department is disrupting the foreign procurement networks that support the Iranian military’s efforts to acquire weapons,” Bessent stated in June.

Treasury has frozen the Iranian regime’s assets, severely disrupted its economy, and dismantled the Iranian war machine. Treasury will not tolerate any support of the Iranian military.

TRM, an analytics firm specializing in blockchain forensics, reported that entities linked to Iran moved $3.8 billion in crypto through CoinEx, a global cryptocurrency exchange, as part of operations scrutinized under the ongoing sanctions framework.

Mini dictionary: TRM Labs is a blockchain intelligence company that analyzes cryptocurrency transactions to detect financial crime, money laundering, and sanction violations.

US authorities have repeatedly signaled that digital assets will remain a focus in efforts to clamp down on Iranian financial networks, with further actions possible as hostilities continue.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

NEAR Governance Vote To Scrap Gas Rebates Puts Developer Incentives Under Review is a useful reminder that crypto coverage is not only about token prices. Sometimes the more important story is the infrastructure, regulation, security, or product layer sitting underneath the market noise.

The immediate point is straightforward: nEAR governance voted to scrap developer gas rebates. That gives readers something concrete to work with, rather than another vague sentiment update.

TL;DR NEAR governance voted to scrap developer gas rebates. The change affects developers who relied on protocol gas distributions. It raises a broader question about how chains should reward app builders. Why This Matters Now The timing matters because NEAR is already part of a wider conversation across the market. Traders want to know whether the development changes liquidity or risk. Builders want to know whether it changes what can be deployed. Compliance teams want to know whether it changes how platforms operate.

In that sense, the story is bigger than one headline. It sits inside the ongoing shift from speculative crypto cycles toward more practical questions: who can use these systems, how safe are they, and whether the underlying incentives actually work.

The best way to read it is with discipline. It is not a guarantee of immediate upside, and it should not be treated as one. But it does add a fresh data point to the way the market is thinking about NEAR.

The NEAR Angle For NEAR, the important part is the specific mechanism. If this is a security issue, the risk sits in dependencies and user protection. If it is a listing or product launch, the question is access and liquidity. If it is a governance or research proposal, the question is whether the idea can survive implementation.

That is where this update becomes useful. It is not just a label attached to a trend. It gives readers a way to understand what might actually change if the development gains traction.

Crypto has a habit of turning every announcement into a broad market claim. This one deserves a narrower read. The value is in seeing how it affects the users, developers, institutions, or traders closest to the issue.

The Risk Side There is also a caution attached. Source material can confirm that a development exists, but it cannot prove that adoption will follow. A proposal still needs support. A product still needs users. A chart still needs confirmation. A compliance tool still needs integration.

That is why the responsible reading is not to oversell the story. The stronger takeaway is that this adds to a pattern. The crypto market is steadily becoming more professional, more technical, and more sensitive to real operational details.

Readers should also watch for follow-up signals. That could mean developer feedback, exchange support, regulatory response, wallet adoption, liquidity data, or simply whether market participants continue reacting after the first headline fades.

What Comes Next The next stage will decide whether this remains a narrow update or becomes part of a larger market theme. In crypto, that difference matters. Plenty of stories look important for a few hours and then disappear. The ones that last usually show up again through usage, liquidity, enforcement, governance, or developer adoption.

For now, this gives the market another piece of information to weigh. It is specific enough to be useful, but still early enough that readers should keep the caveats in view.

That makes it worth covering without pretending it settles anything. The story is a signal, not a final verdict.

The key is not to confuse coverage with certainty. NEAR stories can move quickly, especially when they touch security, regulation, listings, infrastructure, or price levels. The useful approach is to track the next confirming detail rather than assume the first update carries the whole market story. That is how traders avoid chasing noise and how readers separate a genuine development from another passing headline.

This report is based on information from thedefiant.io.

This article was written by the News Desk and edited by Samuel Rae.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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The Official TRUMP memecoin was once one of the most talked-about assets in crypto. Launched ahead of Donald Trump’s second inauguration, it quickly attracted enormous attention and billions of dollars in trading activity. A year later, the picture looks very different.

With the token trading around $0.76, roughly 98% below its peak, many investors are asking whether political memecoins have lost momentum and whether newer AI-focused presales deserve a closer look.

Why the TRUMP Memecoin Lost Momentum The Official TRUMP token became a major market story during early 2025.

At its highest point, the token traded close to $75 before beginning a prolonged decline. By mid-2026, it was changing hands near $1.55, leaving many holders with substantial losses.

Several factors contributed to the decline.

The token became increasingly tied to political headlines rather than broader crypto market trends. Investigations into VIP events involving token holders, debates surrounding political memecoins, and growing regulatory scrutiny all added uncertainty around the project.

Blockchain analysts also questioned the token’s ownership structure, pointing to reports that insiders controlled a significant share of the supply. Combined with changing market sentiment, those concerns reduced confidence among many retail traders.

Despite the decline, TRUMP remains one of the world’s most discussed political memecoins, illustrating how quickly narrative-driven assets can rise and fall.

Why Investors Are Looking at New Presales Now The weakness in several established memecoins has encouraged investors to look elsewhere.

Rather than buying tokens after they have already experienced large rallies, many traders are focusing on projects that are still raising capital before exchange listings.

At the same time, the market itself is evolving.

Instead of launching simple community tokens, newer projects increasingly combine artificial intelligence, blockchain automation, decentralized finance, and SocialFi into broader ecosystems.

That shift has helped create a new category of AI-focused crypto presales.

Overview of the MemeToro Token Launchpad The MemeToro platform provides a functional workspace for configuring, launching, and managing decentralized tokens within a unified interface. By operating on the BNB Smart Chain, the application minimizes operational friction while maintaining a high degree of smart contract transparency.

The workspace is optimized to give creators and traders clear, data-driven operational tools. Users can launch tokens with hands-free decentralized exchange listings that require no manual setup, routing up to 1.2% of transactional volume directly back to the creator’s wallet.

Built-in anti-whale launch limits ensure balanced asset access, while advanced visualization tools simplify monitoring project volume.

Market Cycles Continue to Change The TRUMP memecoin demonstrates how quickly political narratives can generate enormous attention before fading as market conditions change.

Its sharp decline has encouraged many investors to broaden their search beyond established memecoins and evaluate newer projects entering the market through presales.

While every early-stage investment carries risk, the growing interest in AI-powered blockchain platforms such as MemeToro ($MT) reflects a broader shift toward projects attempting to combine memecoin culture with longer-term blockchain utility rather than relying solely on short-lived market narratives.

More Information on MemeToro ($MT) Presale Here:

Website: https://memetoro.com/

X: https://x.com/memetoro_mt

Telegram: https://t.me/memetoro_mt

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Solana superapp and largest DEX aggregator, Jupiter Exchange, has entered Solana’s expanding tokenized trading card market with the launch of Jupiter Gacha, a platform that lets users open packs containing authenticated, graded Pokémon and One Piece cards represented onchain.

Jupiter introduced Gacha on July 13, allowing users to open packs containing real graded cards backed by physical collectibles. The platform partnered with Collector Crypt, Solana’s largest tokenized trading card marketplace, to power the underlying infrastructure and bring authenticated Pokémon and One Piece cards directly into Jupiter’s interface.

Additionally, a Jupiter Rewards campaign season named “Gacha: Season One” also went live and will run for 28 days from July 13 to August 10. The campaign offers $100,000 worth of free packs. Users can earn free packs by progressing through a battlepass system. The campaign also features a leaderboard that ranks collectors based on total pack spend. The top 100 collectors will receive a share of the season’s prize pool, with the final allocation announced later.

Jupiter Captures Nearly Half of Collector Crypt Pack Volume Early activity showed strong demand for Gacha packs. According to Dune data, Jupiter processed $3.29 million across 31,570 pack openings within 22 hours of launching Collector Crypt packs on its frontend.

Jupiter generated $147,000 in volume during its first hour, while peak hourly activity reached $471,000. The average activity during the initial period stood at around $220,000 and 1,900 packs per hour.

The data showed a significant concentration of spending among high-value collectors. While the $50 pack recorded the highest number of openings with 18,178 purchases, the $2,500 pack generated the most revenue, reaching $850,000 from 340 openings.

Collector Crypt Drives Growth in Tokenized Card Market Jupiter’s Gacha launch arrives during a period of rapid growth for Collector Crypt and tokenized collectibles. In June, onchain gacha spending reached an all-time high of $324.6 million, according to Blockworks data.

Collector Crypt led the sector for the third consecutive month, generating more than $209.5 million in June spending. The figure represented a 107% increase from the previous month and accounted for nearly 65% of the total onchain gacha volume.

The platform’s growth accelerated after the launch of its $2,500 Pokémon packs on June 10. Those packs generated $82.9 million in sales by the end of June and represented 40% of Collector Crypt’s monthly sales.

The higher-priced packs attracted collectors because they included some of the rarest Pokémon cards available through the platform. Lower-priced packs typically feature cards that collectors can find more easily through secondary markets, while premium packs focus on harder-to-source collectibles.

Looking beyond Jupiter's launch, several broader market trends suggest tokenized collectibles continue to gain traction. At the same time, secondary trading card activity continues to climb, with Card Ladder reporting a record $693.1 million in June sales. As long as interest in traditional trading card and sports card markets remains healthy, the momentum behind onchain tokenized collectibles appears well supported by demand in physical markets.

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Starknet Memory Protocol Draft Puts User-Owned AI Data On The Crypto Agenda is a useful reminder that crypto coverage is not only about token prices. Sometimes the more important story is the infrastructure, regulation, security, or product layer sitting underneath the market noise.

The immediate point is straightforward: a Starknet community draft proposes a user-owned memory protocol for AI agents. That gives readers something concrete to work with, rather than another vague sentiment update.

TL;DR A Starknet community draft proposes a user-owned memory protocol for AI agents. The design uses scoped, temporary, auditable access through capability tokens. It reflects a growing push to make AI-agent data control more user-owned. Why This Matters Now The timing matters because Starknet is already part of a wider conversation across the market. Traders want to know whether the development changes liquidity or risk. Builders want to know whether it changes what can be deployed. Compliance teams want to know whether it changes how platforms operate.

In that sense, the story is bigger than one headline. It sits inside the ongoing shift from speculative crypto cycles toward more practical questions: who can use these systems, how safe are they, and whether the underlying incentives actually work.

The best way to read it is with discipline. It is not a guarantee of immediate upside, and it should not be treated as one. But it does add a fresh data point to the way the market is thinking about Starknet.

The Starknet Angle For Starknet, the important part is the specific mechanism. If this is a security issue, the risk sits in dependencies and user protection. If it is a listing or product launch, the question is access and liquidity. If it is a governance or research proposal, the question is whether the idea can survive implementation.

That is where this update becomes useful. It is not just a label attached to a trend. It gives readers a way to understand what might actually change if the development gains traction.

Crypto has a habit of turning every announcement into a broad market claim. This one deserves a narrower read. The value is in seeing how it affects the users, developers, institutions, or traders closest to the issue.

The Risk Side There is also a caution attached. Source material can confirm that a development exists, but it cannot prove that adoption will follow. A proposal still needs support. A product still needs users. A chart still needs confirmation. A compliance tool still needs integration.

That is why the responsible reading is not to oversell the story. The stronger takeaway is that this adds to a pattern. The crypto market is steadily becoming more professional, more technical, and more sensitive to real operational details.

Readers should also watch for follow-up signals. That could mean developer feedback, exchange support, regulatory response, wallet adoption, liquidity data, or simply whether market participants continue reacting after the first headline fades.

What Comes Next The next stage will decide whether this remains a narrow update or becomes part of a larger market theme. In crypto, that difference matters. Plenty of stories look important for a few hours and then disappear. The ones that last usually show up again through usage, liquidity, enforcement, governance, or developer adoption.

For now, this gives the market another piece of information to weigh. It is specific enough to be useful, but still early enough that readers should keep the caveats in view.

That makes it worth covering without pretending it settles anything. The story is a signal, not a final verdict.

This report is based on information from community.starknet.io.

This article was written by the News Desk and edited by Samuel Rae.

Brad Parscale, former head of Donald Trump’s election campaign, has been reported to lead an Israel-funded digital influence operation aimed at gaining support from MAGA followers for the ongoing U.S.-Israel conflict with Iran. This operation, conducted through Parscale’s firm Clock Tower X LLC, seeks to shape public opinion in favor of the war by coordinating with MAGA influencers and leveraging digital platforms to embed pro-Israel narratives. The campaign’s efforts are part of a broader strategy to influence AI-generated content and integrate these narratives into conservative media channels.

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Key Takeaways The report appears to suggest that digital campaigns are being used to influence U.S. public opinion on the Iran conflict in a manner supportive of ongoing military actions. Market pricing suggests a decrease in the likelihood of a US-Iran deal in 2026, with odds moving from 29% to 25.5% YES over recent days. The involvement of digital influence operations may indicate increased political maneuvering, impacting perceptions around the potential for diplomatic resolutions. What to Watch Observers should monitor any official responses from the U.S. and Iranian governments, which could further influence market dynamics. Key developments in the military conflict, such as new strikes or retaliatory actions, may provide additional indicators consistent with NO outcomes in related markets. Additionally, changes in public discourse or media coverage resulting from the digital campaign could indicate shifts in public sentiment, potentially impacting future negotiations.

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Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.

The venue's HIP-3 markets for stocks, commodities and indices first topped its native crypto volume on July 8 and have led on several trading days since — though they fade on weekends, and single-name stocks alone still trail crypto

Traders on Hyperliquid, the onchain exchange that settles the largest share of crypto perpetual futures volume, are trading more money through builder-deployed markets for stocks, commodities and indices than through the platform's native crypto contracts.

Those builder markets, deployed under Hyperliquid's HIP-3 framework, generated $5.41 billion in notional volume, or 51.8% of the $10.44 billion traded across the exchange, according to data from Hyperliquid's API queried by The Defiant on Tuesday. Native crypto perps, led by Bitcoin at $2.69 billion and Ether at $1.27 billion, accounted for the other $5.03 billion.

Builder markets first outtraded native crypto over a full trading day on July 8, when they took 54.6% of volume, and repeated it on July 9 and July 10, according to a Defiant analysis of daily Hyperliquid market data. The pattern is confined to weekdays.

On July 5, 11 and 12, all weekend days, builder markets fell back to between 16% and 33% of volume as trading in stocks, commodities and indices thinned while crypto kept turning over.

Builder-market share of Hyperliquid volume climbed from near zero at HIP-3's launch to above 50% for the first time on July 8. Source: The Defiant analysis of Hyperliquid market data.Growing ShiftThe shift has been building for months. Builder-market share climbed from a fraction of a percent when HIP-3 launched in October to roughly a third through the spring, peaking just under parity on single days in April and June before clearing 50% this month.

Show ImageBuilder-market share of Hyperliquid volume climbed from near zero at HIP-3's launch to above 50% for the first time on July 8. Source: The Defiant analysis of Hyperliquid market data.

The crossover shows how far Hyperliquid has moved from its origins as a crypto derivatives venue toward a round-the-clock market for a wider range of assets. It feeds a thesis argued by firms including Grayscale that the exchange's long-term value lies less in its HYPE token than in its potential to serve as a 24/7 trading layer for equities, commodities and other instruments that traditional venues close each night and weekend.

The shift drew attention on Tuesday after a trader posting as @ryandcrypto wrote that "people are officially trading more stocks than crypto on hyperliquid," alongside a chart of the two volumes. The exchange's own data supports only a narrower version of the claim: builder markets as a group have topped crypto on recent weekdays, but not for the first time on Tuesday, and single-name stocks on their own have not.

'Stocks' Overstates ItSingle-name equity perps drew $3.2 billion over the 24-hour window, still below crypto's $5.03 billion. The builder-market total clears crypto only once commodities and index perps are added. Crude oil, Brent and silver contracts together traded about $1.42 billion, and index perps tracking the Nasdaq-100 and S&P 500 added roughly $686 million.

Equity volume is also heavily concentrated. Perps on SK Hynix, the South Korean memory-chip maker, alone accounted for $1.62 billion, or roughly half of all single-stock volume. A cluster of related semiconductor and memory names followed, including Micron, SanDisk and Samsung, alongside a market tracking DRAM chip prices. Strip out SK Hynix, and stock volume falls to less than a third of crypto's.

Stocks trading on Hyperliquid still lower than crypto. Source: The Defiant analysis of Hyperliquid market data.One Builder Runs the ShowHIP-3 lets outside teams launch their own perpetual markets on Hyperliquid's infrastructure by staking 500,000 HYPE, worth about $32 million at current prices. The framework went live on Oct. 13, 2025. One builder, trade.xyz, dominates it, and on Tuesday accounted for all but a fraction of the $5.41 billion in builder-market volume through the equity, commodity and index perps it operates.

HIP-3's share of Hyperliquid activity has climbed from a small slice at the start of the year to roughly half now, according to exchange data. Hyperliquid settles an estimated 70% of all onchain perpetual futures volume and ranks as one of the largest fee-generating protocols in crypto, with an annualized revenue run rate near $840 million.

HYPE rose 1.7% over the past 24 hours, lagging a 3.6% gain in Bitcoin, according to data from CoinGecko. The token trades around a $14.4 billion market cap and is down about 10% over the past week.

Prediction markets are crypto’s quiet killer app. Polymarket proved that during the 2024 US election cycle. Now Hyperliquid wants a piece of the action, and Outcome.xyz is the team trying to blow the doors open.

The push is simple: let anyone deploy a prediction market on Hyperliquid’s infrastructure without needing permission from validators or anyone else. It hasn’t happened yet. And the community is making noise about it.

What HIP-4 built, and what it’s missing Hyperliquid launched its HIP-4 outcome markets on mainnet back on May 2. These are binary contracts that settle to either 0 or 1, essentially yes-or-no bets baked directly into Hyperliquid’s core trading engine, HyperCore. Shared order books, shared margining, shared data feeds.

Outcome.xyz was the team that deployed the first wave of these markets. They started with recurring daily BTC price binaries, the kind of straightforward contract that lets you stress-test plumbing without getting too creative. Early trading volumes hit several million dollars in notional value on the first days alone.

But here’s the thing: every single market that exists right now had to go through Hyperliquid’s validators. There’s no self-serve option. As of mid-July, permissionless deployment still hasn’t gone live.

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Why permissionless matters Hyperliquid’s current model relies on validators to both approve and settle markets. Instead of trusting some external oracle service to report outcomes, Hyperliquid’s own validator set handles settlement. It reduces a major attack surface that has plagued prediction markets for years.

But validator gating for market creation means the menu of available markets is limited to whatever gets approved through that process. Community feedback on July 14 made the frustration clear, with calls for permissionless rollout “asap.”

Outcome.xyz appears to be the team most actively pushing this forward. As the primary frontend developer for HIP-4 markets, they have both the technical proximity and the incentive to see the gates come down.

The competitive chess match Hyperliquid isn’t entering an empty room. Polymarket remains the dominant on-chain prediction platform, and Kalshi has carved out a regulated niche in the US market. Both have significant head starts in liquidity, user base, and market variety.

What Hyperliquid brings to the table is integration. Hyperliquid’s pitch is that prediction markets live inside the same trading engine as perpetuals, spot markets, and everything else on the platform. A trader doesn’t need to move capital to a separate protocol to place a prediction bet. If you’re already running a strategy on Hyperliquid’s perpetuals, you can allocate margin to prediction markets without fragmenting your capital across platforms.

The 2026 FIFA World Cup represents exactly the kind of global event that drives massive prediction market volume, and a permissionless rollout before or during the event could serve as a significant catalyst for adoption.

Volumes on HIP-4 markets remain modest compared to dedicated prediction platforms. Several million dollars on launch days is encouraging infrastructure validation, not market dominance.

What investors should watch The permissionless deployment timeline is the single most important variable here. Until third-party builders can create markets freely, HIP-4 remains a proof of concept rather than a competitive product.

The validator-as-oracle settlement model eliminates oracle risk, which is a real problem that has caused costly misresolutions on other platforms. But it also means every market outcome depends on validator consensus, and as market variety expands into subjective or ambiguous territory, that consensus mechanism will be tested in ways that simple BTC price binaries never will.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

South Korea will establish a strategic investment account to invest in strategic industries.

South Korea has shelved a plan to establish an independent sovereign wealth fund, which was originally modeled after Singapore’s Temasek Holdings and Australia’s Future Fund. Instead, the country will set up a strategic investment account within the Korea Investment Corporation (KIC). South Korea’s Ministry of Finance stated that the account will invest in domestic and overseas sectors critical to national competitiveness and economic security, with investment targets spanning strategic industries such as nuclear energy and aerospace, core areas including finance and infrastructure, as well as overseas supply chains.

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Circle has again issued an additional 750 million USDC on Solana, bringing its total additional USDC issuance this year to over $69 billion.

According to monitoring by Onchain Lens, Circle has minted an additional 750 million USDC on the Solana network. Data shows that since 2026, Circle has cumulatively minted approximately 69.01 billion USDC on the Solana network.

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A crypto whale has amassed $75 million worth of USDC in recent weeks and begun participating in Hyperliquid’s CXMT bidding.

According to Mlm's monitoring, a whale address has accumulated approximately 75 million USDC tokens over the past several weeks. It had previously executed multiple test trades on Hyperliquid and has now begun participating in the bidding for CXMT assets.

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A South Korean investment-focused YouTuber was attacked with a knife by a viewer, allegedly triggered by huge losses from following the YouTuber's stock investment recommendations.

According to a report by The Chosun Ilbo, a stock investment-focused YouTuber in his 40s in Busan, South Korea was repeatedly stabbed with a knife by a man in his 20s. The suspect was a subscriber to the YouTube channel, the report noted. Some local media outlets added that the attack’s motive stemmed from the suspect incurring heavy investment losses after buying stocks recommended by the YouTuber, sparking resentment that led to the assault. The case is currently under further investigation.

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Bitmine's Ethereum staking revenue reached $45.7 million last quarter, accounting for 98% of its total revenue.

Bitmine Immersion Technologies’ latest 10-Q filing shows that for the quarter ended May 31, the company generated approximately $45.7 million in revenue from Ethereum staking and validation services, accounting for around 98% of its total revenue. In the same period, its self-mining revenue from Bitcoin came to about $624,000, while consulting services revenue was roughly $168,000. Bitmine previously disclosed that it has allocated roughly 85% of its ETH holdings to staking, equivalent to around 4.9 million ETH. Tom Lee, chairman of Bitmine, stated that with the full launch of MAVAN—its institutional-grade Ethereum staking platform—the company expects annualized rewards from its Ethereum staking business to reach approximately $284 million. Additionally, he noted that since its launch on July 1, Robinhood Chain has recorded over $1 billion in on-chain transaction volume, adding that this validates Ethereum’s utility as an underlying settlement network.

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Analysis: The US and Iran are trapped in a war of attrition in the Strait of Hormuz, with both sides facing time pressure.

As tensions in the Strait of Hormuz continue to escalate, analysts believe the U.S. and Iran are entering a war of attrition centered on time, cost, and political endurance. Reports indicate Trump aims to resolve the conflict before the U.S. midterm elections to avoid further oil price hikes, while Iran is seeking to prolong time without triggering full-scale war by repeatedly threatening shipping in the Strait of Hormuz, in order to wear down the U.S.'s political and military patience. To date, the U.S. has reinstated blockades on Iranian ports and maritime shipping, and has been striking military targets that threaten navigation; Iran, in turn, continues to target Strait of Hormuz shipping lanes with missiles and drones, attempting to disrupt global energy transport. Analysts note that with both sides seeking to avoid full-scale escalation, this standoff is likely to evolve into a prolonged war of attrition.

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