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According to the latest disclosure from the U.S. Office of Government Ethics (OGE), Trump earned over $1.4 billion last year through his family-led cryptocurrency projects (including World Liberty Financial and Trump Meme Coin).According to an analysis by Reuters, by the end of 2025, the value of the traditional stock and bond portfolio held by Trump is expected to increase to between $703 million and $2.6 billion, a significant rise from the $225 million to $608 million range at the end of 2024.The report states that the proceeds from his cryptocurrency projects were subsequently allocated to traditional financial assets. In addition, data shows that as of April this year, retail investors participating in the four cryptocurrency projects supported by Trump have incurred cumulative losses of about $2.3 billion. The White House responded that Trump's related assets are managed by an independent third-party institution with full authority.

According to reports from Jiemian News, the prospectus shows that Changxin Technology has implemented a rare employee stock incentive plan in the semiconductor industry before its listing. The company launched two phases of employee stock ownership plans over four years, granting shares to a total of 6,760 individuals, accounting for 35% of the total number of employees, with a higher proportion of R&D and highly educated personnel. Chairman Zhu Yiming publicly promised to distribute the granted 768 million shares to current employees free of charge within ten years after the company has been listed for 36 months, and he personally committed not to reduce his holdings within ten years after the listing. This initiative aims to retain core talent and stimulate team motivation through a long-term interest-binding mechanism during the lengthy technology catch-up cycle.In terms of performance, benefiting from the AI-driven super cycle in the storage industry, Changxin Technology has achieved a strong turnaround and significant growth. The company expects to achieve revenue of 110 billion to 120 billion yuan in the first half of 2026, a year-on-year increase of more than six times; the net profit attributable to the parent company is expected to reach 50 billion to 57 billion yuan.Previous news: According to the official website of the Shanghai Stock Exchange, Chinese storage giant Changxin Technology disclosed its intention to list on the Sci-Tech Innovation Board and the "Issuance Arrangement and Preliminary Inquiry Announcement" on July 9, officially starting the IPO issuance process on the Sci-Tech Innovation Board. The announcement disclosed that the offline subscription date and online subscription date for the company's new shares are both set for July 16, 2026. The stock code for Changxin Technology/offline subscription code is "688825," and the online subscription code is "787825." This public offering plans to issue approximately 6.688 billion shares (before the exercise of the over-allotment option), while the issuer grants CICC an over-allotment option not exceeding 15.00% of the initial number of shares issued; if fully exercised, the total number of shares issued will increase to approximately 7.691 billion shares.

Bitget CEO Gracy Chen posted on the X platform, pointing out that the situation in the Middle East changed dramatically this weekend. As the traditional U.S. stock market closed and global traders sought outlets, Bitget's U.S. stock tokens (rToken) served as RWA assets supporting 24/7 trading, absorbing the overflow of trading demand. Data shows that the trading volume of rToken reached ten times that of the previous week, with an increase of about 2.2 times compared to the average of weekends in June; among them, rNVDA, rMU, and rGOOGL ranked in the top three for trading volume, and the weekend trading activity of VIP users on the platform was stronger than the average user.Gracy Chen emphasized that although the absolute trading volume of U.S. stock tokens over the weekend is still in its early stages, the moments of market volatility have highlighted the importance of 24/7 trading.

According to on-chain analyst Yu Jin's monitoring, the ETH/BTC exchange rate has recently rebounded from 0.02524 to 0.02855. A certain whale specializing in ETH/BTC exchange trading exchanged 13,708 ETH for 393.4 BTC half an hour ago, worth 25 million USD, shorting the ETH/BTC exchange rate, with a transaction rate of 0.02855.This whale is a coin-based trader; if the exchange rate falls, they can exchange back for more ETH. Over the past six months, through multiple exchange rate trades, they have increased their coin-based holdings by 6,475 ETH, worth 11.78 million USD.

According to CoinDesk, the stablecoin market experienced its largest correction in recent years in June, with a total market value decrease of $7.7 billion, marking the largest monthly decline since the Terra-Luna collapse in May 2022.Since the peak in May, the stablecoin market has shrunk by approximately $10 billion, with two major stablecoin issuers being the main driving factors behind this round of correction: the market value of USDT issued by Tether has dropped from about $190 billion in May to $184 billion, a decrease of about $6 billion; USDC issued by Circle has fallen from a high of nearly $80 billion in March 2026 to about $73 billion, shrinking by about $7 billion.However, compared to the cumulative decline of over 26% in the stablecoin market during the crypto winter of 2022, this round of adjustment is still relatively mild. Wall Street institutions remain optimistic about the long-term prospects of stablecoins, with Citigroup previously estimating that the global stablecoin market could reach $1.9 trillion under a baseline scenario by 2030, and could rise to $4 trillion under an optimistic scenario.

According to Digital Asset, the weekly trading volume of the top 5 cryptocurrency exchanges in South Korea has declined for 5 consecutive weeks. From July 3 to 10, the total weekly trading volume of the 5 exchanges was approximately 9.9676 trillion won, a decrease of 25.75% from the previous week's approximately 13.4 trillion won, marking the first time in nearly 2 years and 9 months that it has fallen below 10 trillion won since recording about 9.6 trillion won in the last week of September 2023.The report pointed out that the weekly trading volume of the top 5 exchanges has continued to weaken since June, with figures of 17.7 trillion won, 15.4 trillion won, 14.6 trillion won, and 13.4 trillion won respectively. Compared to the trading volume in the first week of June, the cumulative decline over the past month is approximately 43.5%.In terms of market share among exchanges, Upbit continues to rank first with 63.02%, but this is a decrease of 3.95 percentage points from the previous week; Bithumb rose to 29.51%, an increase of 2.38 percentage points; Coinone rose to 6.66%, an increase of 1.46 percentage points; Korbit and Gopax are at 0.78% and 0.03%, respectively.

According to official news, some users of the Phantom wallet are currently experiencing performance issues when using transfer and exchange functions. The team is investigating and addressing the issue and will provide timely updates on the progress.

Binance's official announcement shows that the total scale of stablecoins held by cryptocurrency exchanges has reached $93 billion, of which Binance holds approximately $53 billion, accounting for 57% of the market share, which is $42 billion higher than the stablecoin reserves of the second-ranked exchange platform.In addition, since the beginning of 2025, the stablecoin reserves of exchanges have cumulatively increased by 61%, adding approximately $35 billion, while Binance's market share has also risen from 54% to 57% during the same period.

According to on-chain data, 181,000 SOL held by a certain early investor (OG) in Solana, previously disclosed by on-chain detective ZachXBT, was stolen, valued at approximately $14.2 million at current prices.The attacker subsequently sold all 181,000 SOL and transferred the funds across chains to the Ethereum network, ultimately exchanging them for 7,918 ETH.Currently, the attacker has completed the asset transfer and exchange operation from Solana to Ethereum. The specific reasons for the incident and the method of fund theft have not yet been disclosed.

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 66.3%, while the probability of a cumulative increase of 25 basis points is 33.7%. By September, the probability of keeping interest rates unchanged is 31%, the probability of a cumulative increase of 25 basis points is 51.1%, and the probability of a cumulative increase of 50 basis points is 18%.

According to Gate market data, the Hong Kong stock market closed with the Hang Seng Index rising 0.6% and the Hang Seng Tech Index falling 0.21%. The total turnover of the Hang Seng Index reached HKD 339.592 billion.On the market, chip stocks, optical communication, PCB concepts, and mobile game stocks had the largest declines, while pharmaceutical outsourcing concepts, military industry stocks, pork concepts, and automotive sectors had the largest gains. In terms of individual stocks, Zhiyu fell over 19%, MINIMAX-W fell over 9%, Hua Hong Semiconductor fell over 8%, CATL fell nearly 8%, and SMIC fell over 4%; Goldwind Technology rose over 8%, CK Hutchison rose over 7%, Leap Motor rose over 6%, WuXi AppTec rose over 4%, and Xiaomi Group rose over 3%.

According to Gate market data, the Shanghai Composite Index fell over 1%, the Shenzhen Component Index fell 2.28%, and the ChiNext Index fell by 4.37%.

According to Gate market data, the Hong Kong stock market closed at noon with the Hang Seng Index rising by 1.86%, the Hang Seng Tech Index rising by 2.69%, and the total market turnover of the Hang Seng Index reaching HKD 188.435 billion.On the market, sectors such as optical communication, biotechnology, and automobiles saw significant gains, while storage concepts, coal, and mobile game stocks experienced notable declines. In terms of individual stocks, CK Hutchison rose over 7%, CSPC Pharmaceutical Group and Hua Hong Semiconductor rose over 7%, Leapmotor rose nearly 7%, and WuXi AppTec rose over 6%. MINIMAX-W fell over 12%, Zhizhu fell over 11%, and CATL fell over 2%.

According to RootData's ranking data for stock derivatives exchanges, this list ranks and scores exchanges that support stock derivatives trading based on dimensions such as trading volume, open interest, spreads, depth, trading costs, and data collectability. Currently, the top three exchanges by 24h trading volume are Binance, OKX, and Bitget, among which:Binance scored 91.5, supports 125 contracts, has an open interest of approximately $2.265 billion, a 24h trading volume of approximately $13.889 billion, and a funding rate of +0.0027%.OKX scored 90.2, supports 120 contracts, has an open interest of approximately $444 million, a 24h trading volume of approximately $2.81 billion, and a funding rate of +0.0026%.Bitget scored 90.1, supports 228 contracts, has an open interest of approximately $762 million, a 24h trading volume of approximately $2.125 billion, and a funding rate of +0.001%.

According to Jinshi reports, Moon Ji-sung, an official from South Korea's Ministry of Economy and Finance responsible for exchange rate policy, warned on Friday that the current exchange rate of the dollar against the won is still inconsistent with economic fundamentals, and if necessary, his team has ample room to stabilize the market.He stated that he expects the supply and demand dynamics of the domestic foreign exchange market to change in the second half of 2026 and predicts that exporters' dollar holdings will bring in capital inflows through foreign exchange forward contracts.

According to Gate market data, the Hong Kong stock market opened with the Hang Seng Index rising by 0.76% and the Technology Index rising by 1.25%. Lenovo Group (00992.HK) rose by about 9%, Baidu (09888.HK) rose by about 3%; Zhiyuan (02513.HK) fell by about 9%, MINIMAX-W (00100.HK) fell by over 5%.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 74.9%, while the probability of a cumulative rate hike of 25 basis points is 25.1%. By September, the probability of keeping interest rates unchanged is 35.7%, the probability of a cumulative rate hike of 25 basis points is 51.1%, and the probability of a cumulative rate hike of 50 basis points is 13.1%.