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According to the official website of the Shanghai Stock Exchange, Chinese storage giant Changxin Technology disclosed its IPO prospectus and "Issuance Arrangement and Preliminary Inquiry Announcement" for the Sci-Tech Innovation Board on July 9, officially starting the IPO issuance process for the Sci-Tech Innovation Board. The announcement revealed that the offline subscription date and online subscription date for the company's new shares are both July 16, 2026. The announcement also indicated that Changxin Technology's stock code/offline subscription code is "688825," and the online subscription code is "787825." The announcement shows that the proposed public offering will issue 668,808.8608 million shares (before the exercise of the over-allotment option), and the issuer grants China International Capital Corporation an over-allotment option not exceeding 15.00% of the initial number of shares issued. If the over-allotment option is fully exercised, the total number of shares issued will increase to 769,130.1608 million shares.

Strive's Vice President of Bitcoin Strategy Joe Burnett stated that the annualized rate of return (ARR) for Bitcoin's breakeven point is often misunderstood, and understanding this concept is crucial for grasping the market. He categorized global capital allocation to Bitcoin into three paths: Bullish Bitcoin - believing that Bitcoin will appreciate significantly, borrowing long-term funds at a cost of less than 20% to increase positions; Neutral Bitcoin (digital credit) - Bitcoin only needs to grow by 3.3% annually to permanently cover dividends through capital appreciation, such buyers only need to believe that Bitcoin will not disappear and will outpace inflation, which may have become a global consensus; Bearish Bitcoin - expressing a bearish view through shorting Bitcoin or amplifying Bitcoin.Burnett pointed out that these three paths correspond to three types of Bitcoin-linked instruments, allowing major global capital allocators to find allocation methods that match their worldview, which is precisely the path through which over a trillion dollars of capital is gradually flowing into the Bitcoin market.

According to SoSoValue data, yesterday (Eastern Time July 8), the total net outflow of the XRP spot ETF was $7.2918 million. Only the Bitwise XRP ETF (XRP) had a net outflow yesterday, with a single-day net outflow of $7.2918 million, and the historical total net inflow has reached $494 million.As of the time of writing, the total net asset value of the XRP spot ETF is $983 million, with an XRP net asset ratio of 1.45%, and the historical cumulative net inflow has reached $1.479 billion.

According to The Block, Cathie Wood's Ark Invest purchased 181,847 shares of SpaceX on Wednesday, worth approximately $27 million.SPCX fell 0.81% on the day, closing at $148.26, with a cumulative decline of 13.5% over the past five trading days.

According to on-chain analyst Yu Jin's monitoring, as SKHX rebounded from $1300 to $1500, a certain whale opened a long position worth $30 million in SKHX at an average price of $1411, with an unrealized profit of $2.08 million.They placed a limit sell order between $1880 and $1900, and if it returns to a new high, they will profit $10 million.

According to Onchain Lens monitoring, a wallet possibly belonging to Multicoin Capital appears to be selling HYPE through Galaxy Digital.167,000 HYPE (approximately $11.2 million) was routed through an intermediary wallet to Galaxy Digital's over-the-counter trading platform at around 5 o'clock.

According to Gate market data, the South Korean KOSPI index opened up 241.33 points on July 9 (Thursday), an increase of 3.33%, reporting at 7,488.12 points.SK Hynix rose by 7%, and Samsung Electronics rose by 3%.

According to Jinshi, the U.S. 10-year Treasury futures fell by 3 points, and the federal funds rate futures indicate that the Federal Reserve is expected to raise interest rates by 38 basis points by December.

According to Gate market data, the three major U.S. stock index futures opened lower by about 0.1% on Thursday.

According to Gate market data, the Dow Jones Index closed down 577.06 points on July 8, with a decline of 1.09%, reporting at 52,348.09 points; the S&P 500 Index closed down 21.17 points, with a decline of 0.28%, reporting at 7,482.68 points; the Nasdaq Composite Index closed up 51.96 points, with an increase of 0.2%, reporting at 25,870.65 points.

According to Onchain Lens monitoring, a certain whale has concentrated approximately 5.85 million dollars worth of HYPE and LIT assets into the same wallet, and the funds may have been accumulated through Galaxy Digital.The transferred assets include 78,100 HYPE (worth about 5.25 million dollars) and 263,700 LIT (worth about 601,000 dollars).

According to The Block, the European Union is considering revising its Markets in Crypto-Assets Regulation (MiCA), just about a week after this crypto regulatory framework fully came into effect. The European Commission is seeking feedback from relevant stakeholders, with a deadline of September 30.According to several anonymous sources familiar with the matter, the European Commission is assessing whether to expand the regulatory scope of MiCA to include emerging areas such as tokenization and non-EU stablecoin issuers.MiCA is a comprehensive regulatory framework established by the EU for crypto assets, aimed at creating unified rules for the issuance, trading, custody, and other related services of crypto assets across the EU. The regulation officially comes into effect in December 2024, but most service providers have been granted a transition period to complete compliance adjustments, which lasts until July 1 of this year.

According to Jinshi reports, market pricing indicates that the European Central Bank is expected to raise interest rates twice before the end of the year, with each increase being 25 basis points.

As tokenized securities transition from "holdable assets" to "usable capital," the role of xStocks in on-chain trading scenarios is changing. The trading platform Nado, built on Ink, launched the xStocks / xPoints event on July 8, providing a new entry point for RWA asset points and capital efficiency.During the event, users who deposit supported assets such as AAPLx, METAx, NVDAx, QQQx, GOOGLx, SPYx, and TSLAx into Nado will receive a 25% xPoints bonus on their TVL. If users trade xStocks in the Nado spot market, they can also unlock up to a 30% xPoints bonus based on daily trading volume, while simultaneously earning Nado Points.Nado's unified margin account allows xStocks to be used as collateral for contract trading. The same asset can simultaneously serve in holding, trading, collateral, and point acquisition, further amplifying the capital efficiency of tokenized US stocks within the on-chain trading system.

According to official news, N1 announced the acquisition of 01.xyz. This acquisition means that N1 now has a complete trading stack, the core members of the 01 team will join N1, and the 01 points will be fully recognized on the N1 platform.In addition, the N1 2.0 upgrade is about to be launched.

According to Coinglass data, if ETH breaks through $1,823, the cumulative short liquidation intensity on mainstream CEX will reach $915 million. Conversely, if ETH falls below $1,658, the cumulative long liquidation intensity on mainstream CEX will reach $551 million.

According to Coinglass data, if BTC breaks through $64,957, the cumulative short liquidation intensity on mainstream CEX will reach $1.569 billion. Conversely, if BTC falls below $59,195, the cumulative long liquidation intensity on mainstream CEX will reach $922 million.

During the mid-year report in 2026, Xie Jiayin, the head of Bitget Greater China, revealed that in the first half of this year, Bitget distributed over 33 million USD in welfare airdrops to users through Launchpool, PoolX, Candybomb, and SpaceX airdrops.On the product strategy level, Xie Jiayin reiterated the positioning of Bitget UEX and pointed out that cross-asset allocation has become a new trend in the industry, with the proportion of related users rising from less than 1% to over 10%. Currently, Bitget has fully constructed a core product matrix of multiple asset classes, including Crypto, CFD contracts, US stocks (rTOKEN solution, direct connection solution, US stock options, IPO Prime).

WEEX Exchange Announcement: The platform has launched zero-fee trading for Prismevm (PP) and is offering a new user incentive activity. From July 7, 18:00 to July 14, 18:00 (UTC+8), new users can participate in the distribution of a total airdrop reward of 20,000 USDT by completing tasks during the event.It is reported that Prismevm (PP) is the 234th WE-Launch project of WEEX, which was officially launched on July 2 at 16:00 (UTC+8).

According to official news, the cryptocurrency trading platform AscendEX has announced that it will cease operations, attributing the reasons to the current market environment and the impact of the EU's Markets in Crypto-Assets Regulation (MiCA).In response, on-chain detective ZachXBT pointed out that AscendEX's public hot wallet currently lacks sufficient liquid assets to cover the verified withdrawal demands of users amounting to millions of dollars. Affected users are advised to report to law enforcement and regulatory authorities in their respective countries or regions to hold AscendEX co-founder George (Jing) Cao accountable.