BTC $64,193.59 +1.10%
ETH $1,898.26 +0.15%
BNB $600.79 -0.51%
XRP $0.9971 -0.10%
SOL $76.20 +1.13%
TRX $0.3322 +0.17%
DOGE $0.0698 -0.24%
ADA $0.1739 +0.09%
BCH $203.24 -0.06%
LINK $9.43 -1.11%
HYPE $59.36 +0.47%
AAVE $89.35 +3.18%
SUI $0.6526 -3.36%
XLM $0.1527 -2.90%
ZEC $503.93 -1.22%
BTC $64,193.59 +1.10%
ETH $1,898.26 +0.15%
BNB $600.79 -0.51%
XRP $0.9971 -0.10%
SOL $76.20 +1.13%
TRX $0.3322 +0.17%
DOGE $0.0698 -0.24%
ADA $0.1739 +0.09%
BCH $203.24 -0.06%
LINK $9.43 -1.11%
HYPE $59.36 +0.47%
AAVE $89.35 +3.18%
SUI $0.6526 -3.36%
XLM $0.1527 -2.90%
ZEC $503.93 -1.22%

x

All
Article
Flash

Analysis: The "crack spread" in the energy market has reached a record expansion, and Bitcoin may face new pressures

According to CoinDesk, as crude oil prices retreat, refined oil prices continue to rise, with the "crack spread" between U.S. diesel and crude oil reaching $102.2 per barrel, a record high.Due to disruptions in global energy supply from the Iran and Ukraine conflicts, diesel supply is tightening, and with the current agricultural harvest season, the demand for fuel for agricultural equipment such as tractors is strong, further pushing up diesel prices, which may transmit inflation through food, transportation, and heating costs.Meanwhile, WTI crude oil prices have broken through the downward trend line formed since the peak in April, indicating that the four-month downward trend may be coming to an end. If oil prices continue to rise, market inflation expectations may heat up again. The combination of energy prices and inflation risks, along with concerns about government debt, is driving up U.S. Treasury yields and the yields of other developed economy bonds, increasing the opportunity cost of holding risk assets like Bitcoin, which may limit further upside for BTC.However, the weakening dollar still provides some support for Bitcoin. The dollar index fell to 99.29 on Monday, a two-and-a-half-month low, and broke below the previous upward trend line. Currently, Bitcoin is being influenced by multiple factors including oil prices, bond yields, and dollar trends, with the macro environment showing clear divergence.

hot_img Xiaomi's revenue in the second quarter was 108.9 billion yuan, a year-on-year decrease of 6.1%. The adjusted net profit was 6.2 billion yuan, and the number of car deliveries increased by 28.2% year-on-year

Xiaomi Group released its Q2 2026 financial report, with revenue of 108.9 billion yuan, a year-on-year decrease of 6.1%, and a quarter-on-quarter increase of 9.9%; adjusted net profit was 6.2 billion yuan, a year-on-year decrease of 42.6%, and a quarter-on-quarter increase of 2.4%. The revenue from the Mobile × AIoT segment was 84 billion yuan, with a gross margin of 20.0%; the revenue from the smart electric vehicle and AI innovation business segment was 24.9 billion yuan, a year-on-year increase of 17.1%, with a gross margin of 19.2%, and this segment incurred an operating loss of 2.6 billion yuan.Smartphone shipments reached 31.2 million units, maintaining a top-three global ranking for 24 consecutive quarters, with ASP increasing by 25.9% year-on-year to a historic high of 1,351 yuan. Revenue from IoT and lifestyle consumer products was 31.3 billion yuan, and internet service revenue was 9 billion yuan, with a gross margin of 76.8%. The AIoT platform has connected devices totaling 1.161 billion, a year-on-year increase of 17.4%, with the Mi Home APP having 124 million monthly active users and Xiao Ai having 175 million monthly active users.The automotive business delivered 104,200 vehicles, a year-on-year increase of 28.2%, with cumulative deliveries of the SU7 series exceeding 500,000 units. R&D expenditure was 9.2 billion yuan, a year-on-year increase of 18.9%, with R&D personnel accounting for 47.2%. The Xiaomi MiMo-V2.5 base model ranked first in weekly usage on the OpenRouter platform. The group has accumulated over 47,000 global patents. Since 2026, the stock repurchase amount has been approximately 11.7 billion Hong Kong dollars.

Gate Europe CEO Dr. Giovanni Cunti: Digital identity has become a financial trust link, supporting the expansion of multi-asset services

According to ChainCatcher information, in a recent LinkedIn post by Gate Europe CEO Dr. Giovanni Cunti, as digital assets, online banking, digital payments, and tokenized financial products continue to develop, digital identity is gradually becoming the core infrastructure connecting users with financial products and services, moving away from traditional compliance processes such as KYC and risk assessment. In the face of users' dual demands for efficient access to financial services and the security of personal information, the industry needs to enhance service efficiency while also considering security, privacy, and trust. The next generation of identity infrastructure should go beyond a single verification function, incorporating security, privacy, compliance, and user experience into a unified framework. This can reduce unnecessary operational costs, such as redundant information submissions, through reliable identity verification, while also enhancing transparency and protection regarding the collection, storage, and use of personal data.Dr. Giovanni Cunti further pointed out that regulatory standards are also the cornerstone of building a digital financial trust system. For digital asset platforms, as business expands from cryptocurrency trading to stablecoins, tokenized assets, payments, and multi-asset financial solutions, the importance of trustworthy infrastructure continues to rise. Gate Europe has completed the dual licensing layout of MiCA and PI under the regulation of the Malta Financial Services Authority (MFSA) and emphasizes that secure access, robust compliance processes, and responsible handling of user information are key conditions for promoting the long-term development of financial services. Digital identity is becoming an important part of the financial ecosystem, and Gate Europe will continue to explore more possibilities in diverse financial scenarios, bringing users a more convenient and reliable digital financial service experience, and helping accelerate the integration of global financial markets.
app_icon
ChainCatcher Building the Web3 world with innovations.