x

According to Deribit data, approximately $1.907 billion in Bitcoin and Ethereum options will expire today at 16:00. Among them, the notional value of BTC options is about $1.43 billion, with a put/call ratio of 0.98 and a maximum pain point of $62,000; the notional value of ETH options is about $237 million, with a put/call ratio of 1.21 and a maximum pain point of $1,700.

According to on-chain analyst Onchain Lens (@OnchainLens), a historical whale wallet with cumulative profits exceeding $38.75 million has become active again after months of silence. A few hours ago, it deposited $892,000 USDC into Hyperliquid and staked HYPE, subsequently opening two long positions: 14,290 ZEC (approximately $7.01 million, 10x leverage) and 1.62 million LIT (approximately $3.98 million, 5x leverage), with a total position size of about $10.99 million.In addition, the wallet has placed a limit order to buy another 10,032 LIT.

MINIMAX (00100.HK) announced plans to raise approximately HKD 16.041 billion through the placement of new shares and the issuance of zero-coupon convertible bonds. According to the announcement, the company will place 35.6 million new Class A shares at HKD 268 per share (approximately a 9.89% discount to the closing price of the previous trading day), expecting to raise about HKD 9.541 billion; at the same time, it plans to issue zero-coupon secured convertible bonds with a total principal amount of HKD 6.5 billion due in 2027, with an initial conversion price of HKD 335 per share (approximately a 12.64% premium to the closing price). Morgan Stanley and UBS are acting as arrangers for this transaction, with the placement and bond issuance being independent of each other and not conditional upon one another. If all the bonds are ultimately converted into shares, the two transactions could add up to approximately 55 million shares, accounting for nearly 15% of the company's enlarged total share capital. Regarding the use of funds, MINIMAX stated that approximately 80% of the net proceeds are intended to strengthen AI infrastructure and model development, 10% to accelerate the global commercialization of products, and the remaining 10% for working capital and general corporate purposes.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 22, up 1 point from yesterday. The average over the past 7 days is 22, and the average over the past 30 days is 18.

According to the Science and Technology Innovation Board Daily, MiniMax founder and CEO Yan Junjie issued an internal letter to all employees, responding to recent market fluctuations and emphasizing that the company's long-term direction remains unchanged. In the letter, Yan Junjie announced that starting today, until the day the company achieves AGI, he will no longer receive any salary from the company. Over the next four years, he will allocate personal shares equivalent to 4% of the company's total equity to incentivize team members who work alongside the company to create value together; at the same time, he will set aside 1% of the shares to establish a special fund to continuously support the development of relevant open-source communities.

Gate US has officially obtained the Money Transmitter License (MTL) in the state of Florida, increasing the number of state-level licenses to 36 and further expanding its compliant operational scope to 47 jurisdictions in the United States. This approval enhances Gate US's regulatory layout in the U.S. market and reflects the platform's ongoing commitment to advancing its global compliance strategy and strengthening its localized operational capabilities.As one of the important financial and digital asset markets in the United States, Florida has strict requirements for licensed institutions in terms of compliance management, risk control, and operational capabilities. The acquisition of this license marks a significant new progress for Gate US in building its regulatory compliance system. Previously, Gate US's operations had covered multiple jurisdictions, including Illinois, Ohio, Michigan, North Carolina, Georgia, Arizona, Pennsylvania, and Maine, providing compliant and stable digital asset-related services to local users while adhering to the regulatory requirements of each state.Currently, multiple entities under Gate have completed relevant regulatory registrations, license applications, or obtained authorizations and approvals in jurisdictions such as Malta, the Bahamas, Japan, the United States, Australia, and Dubai. In the future, Gate US will continue to uphold a long-term development strategy focused on safety, transparency, and compliance, further solidifying the platform's capability to conduct compliant business in the U.S. market and providing users with safer, more transparent, and reliable digital asset services.

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 Gate market data, the South Korean KOSPI index rose over 5%, Samsung Electronics surged 6.5%, and SK Hynix increased by 2.7%.

According to Coinglass data, if ETH falls below $1,688, the cumulative long liquidation intensity on mainstream CEX will reach $729 million. Conversely, if ETH breaks above $1,850, the cumulative short liquidation intensity on mainstream CEX will reach $340 million.

Zcash core developer Sean Bowe posted on the X platform that the block height for the Zcash Ironwood mainnet activation has been determined and marked. All major organizations have committed to activating the NU6.3 upgrade at block height 3,428,143, expected to occur at 8 PM Beijing time on July 28.According to previous news, this upgrade stems from the earlier Orchard pool vulnerability—this vulnerability could allow attackers to mint an unlimited amount of counterfeit ZEC, and due to the privacy attributes of the Orchard pool, the team could not determine whether any counterfeit ZEC was minted before the vulnerability was patched. The Ironwood upgrade will implement two core measures: first, it will introduce a new privacy pool using the Orchard protocol, while the old pool will be gradually phased out; second, it will add a control flag in the zero-knowledge proof circuit, which, when enabled, can disable the function of transferring to other users in the pool while retaining the change feature.

According to token unlocking data from the Crypto asset data platform RootData, Caldera (ERA) will unlock approximately 93.54 million tokens at 15:00 Beijing time on July 17, worth about 7.69 million USD.

According to token unlocking data from the Crypto asset data platform RootData, Aster (ASTER) will unlock approximately 16.467 million tokens at 0:00 on July 17, Beijing time, worth about 104 million USD.

According to token unlocking data from the Crypto asset data platform RootData, Spark Protocol (SPK) will unlock approximately 27.891 million tokens at 0:00 Beijing time on July 17, worth about 4.82 million USD.

According to token unlock data from the Crypto asset data platform RootData, Solv Protocol (SOLV) will unlock approximately 37.896 million tokens at 0:00 Beijing time on July 17, worth about 1.04 million USD.

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.