News linked to both this project and an event.
According to a post by a16z crypto researcher Robert Hackett and data advisor Ryan Holloway, the tokenized stock market is experiencing explosive growth. As of June 2026, the total market capitalization of tokenized stocks reached approximately $1.7 billion, representing a more than fivefold increase from $329 million a year earlier, making it one of the fastest-growing categories among tokenized assets. On-chain data shows that monthly transfer volume surged from $53 million last June to $9.22 billion this June, a year-over-year increase of more than 170 times. The market structure has also changed significantly: the proportion of crypto-related products dropped from 79% to 21%; the AI and chip category jumped from nearly zero to a market share of 15.5%; tech giants rose from 0.6% to 10.6%; and ETFs and indices increased from 4.5% to 17.3%. At the institutional level, DTCC has completed the first live trades of tokenized Treasury bonds and stocks on Digital Asset's Canton network, with full services planned to launch in October, which will open access for Wall Street to approximately $114 trillion in DTC custodied assets. Meanwhile, Robinhood has launched its own chain, NYSE's parent company announced a joint venture with OKX (pending regulatory approval), and Coinbase and Binance have also sequentially launched offerings for non-U.S. users.
According to Wintermute OTC trader @Jjay_dm, June CPI fell 0.4% month-over-month, the largest single-month drop since April 2020, overall inflation decreased from 4.2% to 3.5%, the market immediately priced in a hold for the July FOMC, and the probability of a rate hike in September also dropped from over 75% to 63%. However, the US restarted a naval blockade on Iranian ports and conducted air strikes for the fourth consecutive night, Brent crude surged 15.54% in a single week, reaching a high of $87 per barrel, pressure for energy inflation to rebound is accumulating, casting doubt on the sustainability of this CPI decline. Meanwhile, China's Moonshot released the open-source model Kimi K3, claiming performance comparable to frontier models from OpenAI and Anthropic, directly impacting the AI compute narrative, TSMC fell 7% in a single day, the Philadelphia Semiconductor Index recorded its worst weekly performance in 15 months, the Nasdaq dropped 4.16%, and Nvidia temporarily ceded the top spot in global market cap to Apple. The crypto market, however, strengthened against the trend, becoming the best-performing risk asset of the week. Within minutes of the CPI data release, BTC surged from around $62,000 to $64,900, ETH jumped 7% in a single day to $1,884, CoinGlass data showed approximately $134 million in short positions were liquidated within the first hour. BTC ETF
Odaily Odaily, digital asset trading platform Gate has released its Q2 2026 report. According to data from multiple authoritative institutions, Gate's spot liquidity and trading volume rank second globally, its derivatives market is firmly among the top three in the industry, and its open interest (OI) market share ranks among the global top three. In terms of asset class diversification this quarter, Gate advanced its integration of crypto assets and TradFi, accelerating the development of stock trading, Pre-IPOs, CFDs, wealth management, and other businesses, further enhancing its global asset allocation capabilities. The platform has officially launched stock trading, building a 7×24 trading system covering three major markets: U.S. stocks, Hong Kong stocks, and South Korean stocks. It supports fractional share trading, stock dividends, cross-broker position transfers, as well as stock splits and reverse stock splits. As of the end of the second quarter, Gate's global registered users exceeded 58 million, supporting the trading of over 4,800 digital assets and more than 12,500 stock assets, continuously attracting global users to participate in trading across a diverse asset system.Meanwhile, Gate has completed a full asset service chain from pre-listing investment to public market trading. The cumulative subscription funds for the SpaceX (SPCX) Pre-IPOs project exceeded $396 million, and cumulative subscription funds for direct IPOs surpassed $143 million. Gate CFD has listed 663 trading assets, with quarterly ETF trading volume approaching $60 billion, representing a quarter-over-quarter increase of over 40%. Additionally, Gate has launched a global wealth management brand, Gate Wealth, offering global users more efficient asset allocation and long-term value growth opportunities. Gate.AI has completed an architecture upgrade and brand refresh, supporting access to over 200 mainstream large language models worldwide, and continues to expand its presence in AI Agents, RWAs, prediction markets, and on-chain infrastructure. In the second quarter of 2026, Gate continuously integrated its asset allocation capabilities across digital assets, stocks, ETFs, RWAs, foreign exchange, and commodities, accelerating its evolution into a global one-stop financial service platform.
According to official sources, Gate's new lightweight trading product, Event Contracts, has officially launched. After updating the Gate App to version v8.28.5, users can enter the dedicated section within the contracts module to trade. The product focuses on short-term price direction predictions for BTC and ETH, requires no leverage or margin, and carries no liquidation risk. Participation starts from as low as 1.5 USDT, with automatic settlement at expiration, making it suitable for beginner short-term traders.Meanwhile, Gate is launching the Event Contracts Premier Carnival from July 21, 10:00 (UTC+8). Users who click "Participate Now" to register can trade and share in a total airdrop reward of $50,000. The event features a three-tier incentive mechanism. First Trade Loss Coverage: The first 2,000 users incurring a loss on their first trade will receive compensation, capped at $5 per person. Profit Doubling Reward: Net profits during the event period are eligible for doubling, distributed based on profit ranking from high to low, capped at $500 per person. Trading Sprint Reward: Users with a cumulative buy and sell trading volume of ≥ $1,000 will share a prize pool proportionally based on their trading volume, with a maximum of $1,000 per person.
According to Decrypt, Galaxy Digital has officially launched the "Bitcoin Quantum Readiness Initiative," with three core pillars including: providing up to $5 million in post-quantum cryptography research grants to developers, publishing specialized research reports through Galaxy Research, and establishing a quantum advisory committee composed of scholars from multiple top universities. The initiative targets "Q-Day"—the critical moment when quantum computers utilize Shor's algorithm to crack Bitcoin's elliptic curve encryption, forge signatures, and steal wallet assets. Project Eleven predicts that quantum computers capable of cryptographic threats may emerge as early as 2030, at which point approximately 6.9 million BTC will face exposure risks. The Coinbase Quantum Advisory Committee has also called on developers to immediately initiate migration work. Meanwhile, Trump has signed an executive order setting the deadline for the U.S. federal government to complete post-quantum cryptography migration to December 2031.
Odaily Odaily reports, according to the official announcement, Bitget's spot copy trading module now supports trading of US stock tokens rToken. Traders can trade US stock rTokens (such as rTSLA, rNVDA, etc.) in the copy trading zone, while copy traders can automatically follow the traders' open position signals. The operational logic for related opening and closing positions, order records, and profit-sharing mechanisms remains consistent with existing crypto spot copy trading. Meanwhile, US stock rTokens adopt a new candlestick chart that supports adjusted price settings, eliminating the impact of events such as stock splits on historical price trends.When a related rToken undergoes a stock split, reverse stock split, or dividend event, new copy buy orders for the corresponding trading pair will be temporarily suspended, though selling will not be affected. During this period, the system will take profit/loss snapshots and settle profit-sharing for existing positions, and will uniformly transfer the relevant rToken assets along with any cash or stock dividends to the user's main account. Once the event processing is completed, the trading pair will resume normal copy trading. Users can upgrade their App to version v2.89.0 to experience this feature.
on July 21 that the JUST ecosystem officially released its 2026 Q2 report, disclosing core performance and key progress over the past quarter across protocol operations, treasury management, and ecosystem development. The fourth round of $JST buyback and burn has been successfully completed, with the cumulative burned amount now accounting for 17.29% of the total supply, further solidifying the token's deflationary value foundation. Meanwhile, routine Q2 buyback and burn operations have advanced concurrently with the new USDJ stability fee-specific burn initiative. The sources of funds for the buyback and burn mechanism continue to expand, providing stronger support for the long-term sustainability of the system. All business lines within the JUST ecosystem have maintained steady growth. JustLend DAO will continue to enhance governance transparency through the quarterly report mechanism, steadily reinforcing the foundation of community trust.
: Qiming Venture Partners has released the "2026 Qiming Venture Partners Top 10 AI Outlook," which focuses on four major directions: foundation models, embodied intelligence, AI infrastructure, and AI applications, predicting the development trends of the artificial intelligence industry over the next 12 to 24 months. In terms of AI infrastructure, the demand for AI computing power is shifting from the training phase to the inference phase. Segments such as storage, advanced process technology, and advanced packaging will continue to face structural shortages. Over the next two years, computing power asset reserves will become a crucial strategic resource for AI companies. The competition in AI infrastructure will also evolve from competition centered on single chips to system-level competition encompassing chips, interconnects, cooling, power supply, and other components. In the next 12 to 24 months, the commercialization of AI applications will focus more intensively on vertical industries and high-paying users. Applications that improve enterprise efficiency will take off first. Meanwhile, as token costs decrease and interaction models innovate, phenomenal AI consumer applications are also expected to gradually emerge.Furthermore, Qiming Venture Partners anticipates that AI-Native organizations will move from concept to practical implementation. Some companies are expected to achieve several times the per capita productivity improvement compared to traditional organizations.
the "White-Haired Stock God" Serenity stated that he has long shared his personal research and core views for free, without attempting to sell products or provide investment instructions to others. Meanwhile, he insists on transparently disclosing his personal investment returns, whether profit or loss. Regarding certain paid technical analysis (TA) subscription services, if these institutions could truly and consistently predict the collapse of the semiconductor market, they should theoretically generate substantial profits through short selling, rather than relying on monetizing paid content.Addressing the recent significant correction in AI-related stocks such as semiconductors and optical communications, Serenity explained that if his own portfolio employed 1.4x leverage while being highly concentrated in memory chips and the photonics industry chain, with related assets declining by an average of 35%, the portfolio's theoretical drawdown could reach approximately 49%. AI-related assets still hold long-term recovery potential, as the demand within the AI industry chain is forming structural growth, including: continuously increasing demand for AI computing, expanding energy needs for data centers, growing demand for high-performance storage, and upgrades to network infrastructure. Despite short-term market volatility, from the overall demand across computing, energy, memory, and network communication, the construction of AI infrastructure remains in a long-term development cycle.
Crypto journalist Eleanor Terrett posted on X, stating that Republican members of the U.S. House Financial Services Committee will hold a live hearing in New York at 10:00 AM Eastern Time, focusing on how the CLARITY Act can drive innovation in the digital asset sector.This hearing is an informational session aimed at gathering industry opinions and discussing policy implications, and it will not affect the Senate's current legislative process for the bill.Meanwhile, the updated legislative text of the CLARITY Act has still not been released. Previously, U.S. President Donald Trump met with Republican senators regarding related ethical provisions, but as of now, the new bill text has not been officially published.Eleanor Terrett cited industry sources, noting that crypto industry leaders currently expect the release of the updated text to be delayed until next week.Market participants are closely watching the CLARITY Act, which serves as a key component of the U.S. crypto market structure regulatory framework. Its final text and pace of advancement will influence the future compliance pathways for digital asset companies, trading platforms, and institutional investors.
According to the latest poll released by CNBC, American pessimism over the economic outlook has intensified, with 61% of respondents expressing pessimism about the current economic conditions and future trajectory — the highest level since December 2023. Only about a quarter of respondents hold an optimistic view. The survey shows that a majority attribute economic pressures to President Trump's economic policies. Regarding Trump's handling of the economy, 60% of respondents expressed dissatisfaction, while only 38% approved — one of the lowest ratings on this metric in his political career.Micah Roberts, a partner at Public Opinion Strategies, stated that the overall mood among voters is currently low, with those expecting the situation to worsen outnumbering those expecting improvement by 41% to 29%. Market confidence is entering a trough phase ahead of the midterm election cycle.Meanwhile, rising living costs are forcing American consumers to cut spending. The survey found that 47% of respondents are reducing spending on necessities such as food and healthcare — up 6 percentage points from April. About two-thirds of consumers are cutting back on non-essential spending like dining out.A separate study conducted by Bain & Company in collaboration with NielsenIQ showed that U.S. grocery purchases in June fell by 1.8% year-over-year, a sharp reversal from the 0.1% growth recorded during the same period last year.Kurt Grichel, head of Bain's U.S. retail practice, noted that a typical grocery run that cost around $300 in 2019 may now require $400. The "sticker shock" from price increases is now affecting a broader range of consumers, including higher-income households.Analysts point out that high food prices, elevated fuel costs, and the Trump administration's cuts to certain social welfare programs are collectively increasing pressure on consumers. The survey found that four out of five U.S. consumers are trying to reduce spending, with more than a quarter actively cutting back on food purchases. Among them, over half have switched to cheaper brands, while 49% are buying fewer items. (ibtimes)
According to Reuters, the PayPal board believes the $53 billion acquisition offer ($60.50 per share) jointly proposed by Stripe and private equity firm Advent International undervalues the company, and has concerns regarding regulatory approval risks and financing certainty; it has not yet formally responded to the proposal. The PayPal board believes that if management successfully executes the existing transformation strategy, the company's future potential value will far exceed the current offer. Meanwhile, the acquirers have obtained approximately $50 billion in financing support from JPMorgan Chase and Morgan Stanley, with Stripe and Advent contributing a combined $17 billion in equity. Reportedly, if the parties encounter antitrust hurdles, they may consider divesting assets such as PayPal's Braintree to Advent. Despite differences, Stripe and Advent are still regarded as the most serious potential buyers at present, and negotiations are expected to continue for some time. PayPal will release its quarterly earnings report on July 28, and the market will closely monitor the growth of its core checkout business.
global payment giant Visa is accelerating its stablecoin infrastructure efforts by launching the Visa Stablecoin Platform, which helps banks and fintech companies integrate stablecoin payment capabilities into their existing payment and treasury management systems. It is reported that the platform aims to provide stablecoin service support to approximately 15,000 financial institutions and over 200 million merchants within Visa's network, enabling enterprises to use USD stablecoins for settlement, capital flow, and financial management within the traditional payment network.Visa currently processes approximately $15 trillion in payment transactions annually and has already processed tens of billions of dollars in stablecoin settlement volume. The company hopes to further expand the application scope of stablecoins through this new platform. Initially, the Visa Stablecoin Platform will support the new stablecoin OUSD, launched by the Open Standard alliance, while continuing to be compatible with stablecoins already supported by Visa, including USDC issued by Circle and USDG issued by Paxos. Visa believes that stablecoins are becoming an important part of the future financial infrastructure, with advantages including:Instant Settlement: Transactions no longer rely on traditional banking clearing cycles;Low-Cost Transfers: Reducing payment costs based on blockchain networks;Transparency and Traceability: On-chain transaction records provide higher verifiability.Visa has been consistently building its footprint in the stablecoin space. In 2020, Visa became the first global payment network to support USDC settlement; in 2025, the company launched a stablecoin settlement plan to further promote the entry of stablecoins into the mainstream payment system.Meanwhile, Visa's competitors are also accelerating their entry into the stablecoin market. Mastercard recently launched a stablecoin settlement solution and partnered with companies such as MoonPay and Paxos; American Express has also participated in the ecosystem development related to Open Standard.As traditional payment giants increasingly adopt stablecoins, they are transitioning from a payment tool within the crypto industry into a vital component of the global financial infrastructure. (Fortune)
Odaily reports, as the value of the artificial intelligence industry rapidly increases, political and tech circles in the United States have begun discussing how to share the immense wealth generated by AI with the public. A series of proposals all point in the same direction: having the government or public institutions hold equity in AI companies.Recently, Sam Altman discussed the possibility of granting the U.S. government or other public entities partial ownership in OpenAI. Meanwhile, the U.S. government already holds approximately 10% of Intel's shares, and it has indicated it may receive a certain percentage of revenue from NVIDIA's chip sales to China.U.S. Senator Bernie Sanders proposed that major AI laboratories contribute half of their shares to a new sovereign wealth fund, allowing the public to share in the growth dividends of the AI industry.Observers suggest that these plans essentially aim to redistribute some of the economic benefits from AI development back to society. However, critics point out that most current proposals boil down to one model: having the government hold equity in AI companies.Supporters argue that AI could become the most significant productivity transformation in the coming decades, and involving the government in revenue distribution could alleviate wealth concentration. Opponents, however, worry that direct government ownership of stakes in tech companies could impact market competition, corporate governance, and innovation incentives.As the valuation of the AI industry continues to rise, how to distribute the economic benefits generated by artificial intelligence is becoming a core topic of debate among U.S. policymakers and the tech industry. (The Information)
According to the official announcement, Huobi HTX listed SNXX/USDT and RAM/USDT perpetual contracts on July 14, with a maximum leverage of 10x for both. Meanwhile, Huobi HTX launched the SNXX and RAM contract trading competition from 15:00 on July 14 to 15:00 on July 21 (UTC+8), with a total prize pool of up to 20,000 USD. During the event, users who complete registration and participate in SNXX/USDT and RAM/USDT contract trading with a cumulative valid trading volume ≥ 1,000 USDT can share the prize pool based on trading volume ranking; new contract users who complete contract trading of event tokens will also receive exclusive benefits.
: Industry insiders indicate that after the US Senate reconvenes, it will enter a critical window of approximately four weeks, determining whether the Clarity Act can pass this year. The bill needs to complete the finalized text, Senate debate, and voting before the August recess, and secure at least 60 votes of support in the Senate. Current negotiation focuses include whether to retain the exemption clause for non-custodial developers within the "Blockchain Regulatory Certainty Act," and establishing an "ethics framework" for official conflicts of interest regarding President Trump's cryptocurrency business interests. Meanwhile, the passing of Senator Lindsey Graham and the absence of Mitch McConnell have weakened Republican voting power, increasing the importance of securing support from Democratic senators.
: Following a meeting with Islamic scholar Mufti Taqi Usmani, Bilal bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority, stated that stablecoins, tokenized RWAs, and other blockchain products should undergo separate technical and Sharia assessments and should not be treated as a single category. Previously, scholars including Usmani issued a fatwa determining that USDT and other cryptocurrencies do not constitute wealth recognized under Islamic Sharia law, rendering transactions involving the purchase of physical goods or digital services with them invalid. In March of this year, Pakistan passed the Virtual Assets Act, which requires exchanges, custodians, and token issuers to ensure their operations comply with Sharia law under the guidance of an Islamic finance scholars committee. Meanwhile, the country is advancing plans for a sovereign stablecoin, the tokenization of national assets, and the licensing of crypto trading platforms.
according to official news, OKX Wallet now supports Robinhood Chain. Users can use OKX Wallet for transfers, market viewing, on-chain transactions, and DApp exploration, further lowering the barrier for users to participate in emerging on-chain ecosystems.Meanwhile, OKX Wallet has launched the Robinhood Ecosystem Zone, which aggregates popular on-chain assets and ecosystem opportunities. Users can complete the whole process from asset discovery to trading through a unified entry point. Learn more:
Gate Card has partnered with Printemps Paris to launch in-store shopping benefits. From July 10, 2026, to October 9, 2026, eligible Gate Card members visiting the Printemps Haussmann flagship store for the first time can enjoy a 5% welcome shopping discount. Additionally, from July 1, 2026, to August 31, 2026, Printemps Paris is running a summer tax refund promotion, offering tiered refund rates based on spending: 12% tax refund for spending up to €2,000, 13% for up to €4,000, 14% for up to €7,000, 15% for up to €10,000, and a maximum of 16% for spending over €10,000.Furthermore, Gate Card users who spend over €188 at the Printemps Haussmann flagship store will receive a Machi Machi beverage gift. Gate VIP Level 5 and above users visiting the store for related services can, depending on on-site arrangements, enjoy personal shopping assistant services to help understand the store's shopping process, brand information, and how to use the benefits. Meanwhile, Gate Card has launched a points system, creating a new user incentive mechanism centered on cashback, point redemption, and tier progression. Users can enjoy up to 8% cashback, with a maximum of 150 USDT per transaction and 400 USDT per month. This partnership enriches the application scenarios of Gate Card in overseas offline consumption. Gate will continue to expand global shopping, travel, and payment-related benefits in the future, providing users with more cross-border consumption convenience.
According to The Block, the U.S. Supreme Court ruled 6-3 in favor of Trump, expanding the president's power to remove heads of independent federal agencies (excluding the Federal Reserve). The case originated from Trump's dismissal of Democratic FTC Commissioner Rebecca Slaughter in 2025. As the ruling takes effect, the SEC and CFTC are in a new cycle of crypto regulation—the SEC currently has only three Republican commissioners, while CFTC Chairman Michael Selig is the agency's sole commissioner. Former regulatory officials warned that insufficient commissioner seats will undermine the quality of rulemaking and continuity across administrations, stating, "Fewer people participating in discussions may lead to suboptimal outcomes." Meanwhile, Congress is deliberating landmark legislation to reallocate digital asset regulatory authority between the SEC and CFTC and has urged Trump to appoint CFTC commissioners as soon as possible. Analysts pointed out that against the backdrop of Trump's close ties with the crypto industry, while this ruling is beneficial for the industry to advance regulatory reforms in the short term, if the political landscape shifts in the future, rules established by a sole commissioner will be more likely to become "targets for reversal," bringing long-term policy instability risks to the industry.