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According to Jinshi, the number of people continuing to claim unemployment benefits in the U.S. for the week ending July 4 was 1.805 million, lower than the market expectation of 1.815 million.The previous value was revised from 1.814 million to 1.821 million.

According to CoinDesk, Galaxy Digital has launched an institutional-grade vault curation business, Galaxy Curator, on the decentralized lending protocol Morpho, and opened it to institutional clients through Fireblocks Earn. The product is designed to allow institutions to allocate idle stablecoins to selected on-chain yield strategies without the need to build and manage DeFi infrastructure themselves.Galaxy stated that the initial products include two types of strategies: one focuses on capital preservation, allocating only to markets supported by high-quality collateral; the other, while taking on higher risks, allocates to liquid staking re-staked tokens, Pendle principal tokens, and Ethena products to achieve higher yields. The company noted that the related vaults adhere to the collateral standards, risk exposure limits, and market monitoring framework used in its institutional lending and trading business.

According to a report by businesswire, AI and tokenized financial infrastructure Alpaca announced the completion of a new round of financing totaling $135 million, led by Peak XV, with follow-on investments from Elefund, BNP Paribas's venture capital arm Opera Tech Ventures, and Unbound among others. To date, its total financing has reached $435 million.The new funds will be used to accelerate the construction of its AI-native brokerage infrastructure and API-first prime brokerage business, helping fintech companies, banks, brokerages, wealth management institutions, and crypto financial platforms to build investment products in both traditional and on-chain markets, and to connect with more global crypto exchanges, asset tokenization platforms, and financial institutions.

According to the official announcement, the Binance futures platform will launch the MINIMAX USDT perpetual contract at 11:00 on July 17, the ZHIPU USDT perpetual contract at 11:05, the HK0700 USDT Quanto perpetual contract at 11:10, the HK1810 USDT Quanto perpetual contract at 11:15, and the TENCENT USDT perpetual contract at 13:00.

According to the latest report released by market research firm Counterpoint Research, Chinese memory chip giant Changxin Technology (CXMT) currently holds a 9% share of the global DRAM market (by bit shipments), and this figure is expected to rise to 11% by 2028 (with a revenue share of 9%). The report indicates that Changxin Technology is transitioning from an industry "challenger" to a "strategic player," with a long-term goal of achieving a bit shipment share of 20% and a revenue share of 15% by 2035.However, the report emphasizes that to truly establish a foothold in the global memory market and join the ranks of the "big three DRAM manufacturers," Changxin Technology must cross the global market share threshold of 15% to 17% (about one-sixth). Historical experience shows that in 2008, Taiwanese DRAM manufacturers could not secure the massive funding needed for the research and development of the next generation of fabs after their market share fell below 15%, ultimately causing their market share to plummet to the edge of 3%. Therefore, the 15% share is seen as the core survival line for Changxin Technology to ensure sustainable development and self-sustaining capabilities in the medium to long term.To cross this threshold, Changxin Technology is leveraging newly raised funds to accelerate capacity expansion, planning to double its capacity by 2030 and triple it by 2035. Although facing external challenges such as U.S. equipment export controls and global supply chain access, analysts believe these restrictions may instead act as catalysts, forcing Changxin Technology to accelerate independent innovation in cutting-edge technologies such as Vertical Channel Transistors (VCT) and Wafer-on-Wafer bonding, thereby narrowing the gap with industry leaders.

Changxin Technology announced that, according to data provided by the Shanghai Stock Exchange, the number of valid subscription accounts for this online issuance is 9,428,778, with a total of 816,920,125,000 shares subscribed. The preliminary winning rate for the online issuance is 0.40995452%. The total number of allocation numbers is 1,633,840,250, with a number range from 100,000,000,000 to 101,633,840,249. After the adjustment mechanism is activated, the final winning rate for the online issuance is 0.47141739%.

Global chip foundry giant TSMC announced its financial report for the second quarter of 2026. Benefiting from the strong demand for advanced process chips driven by global AI infrastructure development, TSMC's performance this quarter significantly exceeded market expectations. During the period, it achieved revenue of NT$1.27 trillion (approximately US$40.2 billion), a year-on-year increase of 36%; net profit reached NT$706.6 billion (approximately US$22 billion), a year-on-year surge of 77.4%, far exceeding the market's previous estimate of NT$623.7 billion. In addition, the company's gross margin for the quarter reached 67.7%, and the operating margin was 60.3%, both better than expected.In terms of process structure, advanced processes (7 nanometers and below) contributed a total of 77% to the total wafer revenue this quarter. Among them, the 3-nanometer and 5-nanometer processes accounted for 30% and 33%, respectively, while the 7-nanometer process accounted for 11%. Notably, TSMC's newly shipped 2-nanometer advanced process recorded revenue for the first time, accounting for 3%.Looking ahead, TSMC confirmed that its capital expenditure for 2026 will approach a record US$56 billion and plans to invest approximately US$26.5 billion in its advanced manufacturing park in Arizona, USA. TSMC CEO C.C. Wei stated that the current pace of capacity expansion still lags behind demand, and the situation of supply not meeting demand is expected to continue for several years. Meanwhile, despite TSMC's strong performance, the market remains somewhat cautious and concerned about whether the massive AI investments by tech giants can translate into actual returns and the medium- to long-term competitive landscape.

According to Gate market data, South Korea's semiconductor leader SK Hynix (000660) is currently priced at $1245.42, down 11.52%; Samsung Electronics (005930) is currently priced at $172.47, down 8.76%, with the semiconductor sector overall weakening. According to CoinGlass data, the SKHYNIX contract open interest on the Gate platform reached $26.36 million, with a 24-hour trading volume of $56.49 million; the SAMSUNG contract open interest reached $2.67 million, with a 24-hour trading volume of $5.40 million, with related indicators ranking among the industry's top.

According to Magzter, the Indian Enforcement Directorate conducted searches at 19 locations from July 10 to 11 in a money laundering investigation involving online investment fraud and "work from home" scams, including 16 locations in Tamil Nadu, 2 in Kerala, and 1 in Srinagar.During the operation, approximately 335 million rupees in cryptocurrency, 145,000 rupees in cash were seized, and over 400,000 rupees in bank accounts were frozen, while documents, electronic devices, and bank records were confiscated.

According to official news, OneBullEx has launched U-based stock and index-related contracts such as QQQUSDT, NVDAUSDT, TSLAUSDT, AAPLUSDT, MUUSDT, WDCUSDT, and SPCXUSDT. The related products support both full margin and isolated margin models.This round of new products covers multiple key tracks in the global innovation industry. QQQ provides an overall perspective on large technology and growth sectors, with Nvidia, Micron Technology, and Western Digital corresponding to AI computing power, memory, and data storage infrastructure. Apple and Tesla cover smart terminals, automation, and energy technology, while the addition of SPCXUSDT extends the platform's global asset coverage to commercial aerospace, satellite connectivity, and space infrastructure.This new launch allows OneBullEx to increase its offerings of global technology companies and index-related products beyond cryptocurrency assets. OneBullEx stated that it will continue to expand global asset coverage around the development direction of AI-native financial exchanges and explore the long-term application of AI intelligent trading capabilities in more asset and market scenarios.

According to the official announcement, Huobi HTX has recently launched a new gameplay and is providing a prize pool of 600,000 USDT, bringing real benefits to invitees and new users. From now until August 16 at 10:00 (UTC+8), users can generate invitation links through the "Invite" page on Huobi HTX and share them. Both parties can unlock token rewards by completing specified tasks.

Strategy Inc. currently holds 843,775 BTC, valued at approximately $55 billion based on a price of about $64,500; its total cost for Bitcoin is about $63.69 billion, with an average cost of about $75,500, resulting in an unrealized loss of nearly $9.9 billion. Strategy's Executive Chairman Michael Saylor disclosed that as of July 12, 2026, the company's BTC reserves are 843,775 coins, with a cash reserve of $3 billion, and has increased its cash reserves by $450 million.The company has not purchased Bitcoin since June 22 and recently sold 3,588 BTC to establish a cash position. The $3 billion reserve can cover about 20 months of preferred stock dividends and debt interest obligations. That week, Strategy raised approximately $467 million by selling common stock through a market issuance plan, marking the third consecutive week without increasing Bitcoin holdings. Saylor stated that Strategy will convert Bitcoin into Digital Credit.

The domestic DRAM storage chip leader Changxin Technology (688825) has officially opened for new stock subscription. Due to the large issuance scale, this new stock offering has rarely seen a "sunshine market" trend. Institutions predict that the online winning rate will soar to 0.3% to 0.7% (with a neutral expectation of about 0.45%), reaching 10 to 20 times that of ordinary Sci-Tech Innovation Board new stocks. Calculations show that the probability of winning for a single account with an average market value of 200,000 in the Shanghai market is as high as about 18%, and theoretically, an average market value of 1 million can reliably secure 1 winning ticket.The issuance price of the stock is 8.66 yuan per share, and to secure one winning ticket (500 shares), a payment of 4,330 yuan is required. The official winning rate and results will be disclosed on July 17 and July 20 (Monday) respectively, and winners must ensure sufficient funds in their accounts by 16:00 on the 20th. Various institutions have given a neutral expectation, as Changxin Technology's market value is expected to reach 2 trillion to 3 trillion yuan after listing, with the profit margin for a single winning ticket expected to be around 20,000 yuan.If Changxin Technology fully exercises the green shoe mechanism, the total fundraising amount will reach 66.607 billion yuan, setting a new record for the largest IPO on the Sci-Tech Innovation Board, and it will also become the third largest IPO in A-share history. Financial data shows that the company has fully turned a profit, with expected operating revenue in the first half of 2026 reaching 110 billion to 120 billion yuan, and net profit attributable to the parent company reaching 50 billion to 57 billion yuan. The total amount of this strategic placement exceeds 14.4 billion yuan, successfully attracting social security funds, pension funds, as well as 30 major industry terminal giants such as Alibaba Cloud, Tencent, Meituan, and Xiaomi.

According to official data, the second phase of the Gate Pre-IPOs project for OpenAI (OPENAI) has seen a continuous rise in user participation 24 hours after the subscription opened. As of now, the total subscription amount has exceeded 231 million USD, with a subscription rate of 1156.57%.This round of OpenAI (OPENAI) subscriptions will continue until July 17 at 15:00 (UTC+8), supporting participation in both USDT and GUSD. The total subscription value is approximately 20 million USD, with a total issuance of 27,700 OPENAI asset certificates. The subscription price is 1 OPENAI = 722 USD, with a minimum subscription amount of 100 USDT or 100 GUSD, and it waives implicit fees and custody costs. In terms of the allocation mechanism, the platform uses "average locked amount per hour" as the basis for asset certificate allocation. The earlier users participate and the longer the locking period, the higher the allocation weight. Additionally, OPENAI will open pre-market trading in the Pre-IPOs section on July 20 at 16:00 (UTC+8).

According to on-chain analysis platform Lookonchain, a newly created wallet address deposited $10 million USDC into Hyperliquid and then established a short position on CXMT, with the specific holdings as follows:• Opened position: 1x short of 514,357 CXMT, valued at approximately $3.8 million • Pending order for additional position: limit short order of 490,000 CXMT (approximately $4.17 million), with the trigger price range set between $8 and $9.

The Binance contract platform will launch the MUUUSDT perpetual contract on July 16, 2026, at 17:00, the SOXSUSDT perpetual contract at 17:05, and the TZAUSDT perpetual contract at 17:10, with a maximum leverage of 25 times.

According to the official announcement from HTX DAO, the $HTX token burn for the second quarter of 2026 was completed on July 15. On-chain data shows that a total of 7,474,935,439,560 $HTX was burned, equivalent to over 13.6 million USD. So far, a total of 117.79 trillion $HTX has been burned and donated.In the first half of this year, HTX DAO burned a total value of over 32.82 million USD across two quarters. Against the backdrop of intensified liquidity competition in the overall market this year, $HTX has still managed to consistently execute quarterly burns at the level of tens of millions of dollars, demonstrating strong business resilience and counter-cyclical capability.

The global stablecoin payment infrastructure platform WasabiCard, in collaboration with WIDTH, held the CCO Leadership Edition compliance high-end exchange event in Hong Kong. WasabiCard CMO Jack Derong gathered with executives and experts from the fields of digital assets, payments, fintech, and regulatory compliance in Hong Kong to engage in in-depth discussions on topics such as the evolution of global regulations, the development of stablecoin payments, and corporate compliance practices.As Hong Kong's Web3 ecosystem continues to develop and the digital asset regulatory framework becomes increasingly refined, stablecoin payments are ushering in new development opportunities. With the continuous improvement of compliance requirements surrounding the HKMA stablecoin licensing system, Travel Rule, AML, KYT, and others, companies are increasingly focused on how to build payment infrastructure that combines global payment capabilities, risk management capabilities, and compliance capabilities to achieve the scalable implementation of stablecoin payments.WasabiCard believes that the future competition in stablecoin payments will hinge on whether companies possess the infrastructure capabilities to cover global compliance, risk management, and cross-border payment networks, rather than just payment efficiency.In the future, WasabiCard will continue to enhance global payment infrastructure based on the highest standards of compliance systems and risk management capabilities, helping clients confidently respond to the evolving global regulatory requirements and expand their international business more securely.

On July 16, according to WEEX TradFi market data, the overall Chinese concept technology sector has warmed up, with market funds refocusing on the valuation repair of leading e-commerce, content, and search companies. Among them, BABAON rose over 6.62% in 24 hours; BILION rose over 4.01%; JDON rose over 3.71%, with multiple Chinese concept tech stocks jointly driving the sector's enthusiasm.WEEX Labs believes that Alibaba's latest release of a real-time voice model further enhances market expectations for AI business development. Coupled with improved profit expectations before the earnings report and capital rotation, this has jointly driven the sector's rebound, with this round of market activity leaning towards the repricing of undervalued tech stocks. In the short term, attention still needs to be paid to performance realization, policy signals, and changes in the risk appetite of the US stock market.