Cointelegraph：币安否认撤回对 RedotPay 新加坡诉讼
Related
US pre-market news at a glance: Samsung's earnings report triggered a collective weakness in semiconductor stocks in pre-market trading; SpaceX officially debuts on the Nasdaq 100 today.
According to BlockBeats, the following are key market news items before the US stock market opened on July 7th: 1. Samsung released its Q2 earnings forecast, showing an operating profit increase of over 1800% year-on-year, with single-quarter profits exceeding the total of the previous three years. Simultaneously, the company's revenue also increased by 129% year-on-year, reaching 171 trillion won. Affected by the semiconductor sell-off triggered by the "sell-off" of Samsung's earnings, chip-related technology stocks generally weakened in pre-market trading. The three major US stock futures indices showed mixed results in pre-market trading: Dow Jones futures rose 0.41%, Nasdaq 100 futures fell 0.9%, and S&P 500 futures fell 0.09%. 2. SpaceX officially debuted on the Nasdaq 100 before the US stock market opened today, with Wall Street institutions collectively bullish. Most institutions believe that SpaceX is no longer just a traditional aerospace company, but a platform company with the potential for rocket launches, Starlink satellite internet, AI infrastructure, and future space computing. 3. DeepSeek is secretly developing its own inference chip. If successful, this would reduce reliance on external suppliers and give it more cost-effective hardware control. However, the project is still in its early stages and faces manufacturing and memory acquisition restrictions due to US export controls. 4. UBS recommends investors buy SK Hynix's upcoming American Depositary Receipts (ADRs) and sell its South Korean shares, as these new shares are expected to trade at higher prices. 5. JPMorgan strategists say the recent weakness in semiconductor stocks should be seen as a buying opportunity, as the chip upcycle is not yet over, and truly meaningful new supply may not appear until 2028. 6. US ADP employment change for the week ending June 20 was 21,000, compared to 30,750 in the previous week. 7. BlackRock will launch an ETF tracking the tech-heavy Nasdaq 100 index, aiming to meet investors' growing demand for participation in the AI-driven stock market rally and challenge Invesco's dominant position. 8. Amazon is returning to the US bond market to raise funds for its artificial intelligence infrastructure. The company will issue eight benchmark bonds with maturities ranging from 3 to 40 years, raising at least $25 billion in the dollar bond offering. 9. Global brokerages have begun coverage research on Elon Musk's SpaceX (SPCX.O), and a preliminary consensus has formed on Wall Street: buy the stock. At least six brokerages, including Morgan Stanley, Goldman Sachs, and UBS, have given it a buy rating, optimistic about its long-term growth prospects, although doubts remain about profitability and valuation.
Kraken supports partially tokenized stocks and ETFs as collateral for leveraged trading.
According to Foresight News , citing Cointelegraph, Kraken has begun allowing eligible users to use a portion of tokenized stocks and exchange-traded funds (ETFs) as collateral for futures and margin trading, enabling users to open leveraged positions without first selling their existing holdings. The initial rollout includes 10 tokenized stocks and ETFs, including Apple, Nvidia, Tesla, Strategy, SPDR S&P 500 ETF, and Invesco QQQ Trust. This feature is currently only available to eligible customers outside the United States, and specific supported assets, collateral discounts, limits, and regional restrictions are subject to change. Kraken also sets collateral limits for each asset, with a maximum collateral value of $1 million for large-cap ETFs, $250,000 for most individual stocks, and $100,000 for tokenized gold and Circle shares. The exchange stated that collateral limits and collateral discount rates will be reviewed regularly and may be adjusted at any time. This feature is only available to eligible clients outside the United States.
A news item about computing power from Meta punctured the one-sided narrative of momentum trading in AI hardware.
According to Mars Finance, Meta's stock price surged on Wednesday, July 2nd, but this unexpectedly put the AI hardware market under pressure. The market had initially expected a relatively quiet start to July. The second quarter saw a strong performance in the US stock market, with the S&P 500 recording one of its best quarters since the resurgence of the COVID-19 pandemic in 2020. However, before the US market opened, news that Meta might release or sell "excess computing power" suddenly changed the market narrative. This news was positive for Meta itself. The market interpreted it as the company shifting from continuously increasing capital expenditures to emphasizing financial discipline and free cash flow. Meta's stock price subsequently surged, with the article stating that it rose by about 10% in a single day, one of its best single-day performances this year. But for the AI hardware chain, this is a different story. One of the most crowded trades in the market over the past few months has been betting on cloud vendors continuing to expand their computing power, storage, and data center capital expenditures. If Meta begins to release excess computing power, investors will naturally ask: Is the demand for AI computing power really as unlimited as previously expected? Is cloud vendors still only revising their capital expenditures upwards, with no downward revisions? UBS trader Christina Dwyer stated that the Meta event pushed the market narrative towards "stronger financial discipline," while alleviating concerns about continuously rising capital expenditures. This benefits platform technology companies whose valuations are already nearing low levels, but weakens the "long-term computing power shortage" logic that previously supported neocloud, semiconductor, storage, and AI supply chain stocks. The market reacted quickly. The BofA Neocloud Basket fell significantly, storage and momentum stocks were impacted, and previously surging stocks like SanDisk and Micron were sold off. Micron was particularly considered a key watch: it had held above its 20-day moving average since April, and a break below it could open up room for a pullback to the 50-day moving average, implying a potential downside risk of about 20%. This correction also quickly evolved into a momentum trading clearing. Jonathan Krinsky of BTIG pointed out that the Bloomberg Mag7 index, relative to the Philadelphia Semiconductor Index (SOX), saw its largest single-day rebound since 2015. In other words, funds are flowing back from chip, storage, and high-beta AI hardware stocks to large platform technology stocks. Goldman Sachs' high-beta momentum basket fell about 9% in a single day, and the long-short high-beta momentum portfolio fell about 10%, nearing its worst performance since the 2020 vaccine news shock. The Meta event reminded investors that cloud vendors who actually bear capital expenditures also calculate returns. Once the certainty of upward revisions to capital expenditures decreases, the segments with the largest gains and most crowded valuations in the AI hardware chain will be the first to come under pressure. However, funds have not completely left the AI theme. Software stocks have outperformed semiconductors, and Bitcoin has also rebounded due to funds withdrawing from AI/storage momentum trading. Another beneficiary is other AI bottleneck assets such as capacitors, indicating that the market is still looking for scarce links in computing infrastructure, but is no longer indiscriminately chasing storage and chip momentum stocks. Another risk that the market needs to pay attention to is the current poor liquidity. Goldman Sachs trading desk stated that liquidity at the top of the S&P E-mini market fell by 33% month-on-month in June, while US stock trading volume hit its highest level since 2026. This means that while the market appears active, its actual absorption capacity is weakening; once large sell orders appear, prices are more prone to sharp fluctuations. The true meaning of the Meta event may not be Meta itself, but rather that it hit the most sensitive spot in the AI market: whether capital expenditure will continue to grow without limit. AI demand has not disappeared as a result, but the market has begun to distinguish between two types of companies: one is platform companies that can recoup their stable investments in computing power, and the other is hardware and storage suppliers that have already fully reflected the expectation of computing power shortages.
Binance Wallet will support Base B20 token trading.
According to Foresight News , Binance Wallet will support trading of Base B20 tokens immediately upon their listing. Meanwhile, Meme Rush will support B20 token filtering and token tagging to help users discover tokens more quickly.
RWA perpetual contract trading volume surpassed $100 billion for the first time in June, setting a new record.
PANews reported on July 8 that, according to Cointelegraph, DefiLlama data shows that RWA perpetual contract trading volume exceeded $100 billion for the first time in June, setting a new record.
Binance stock trading will be suspended on July 11 to support system upgrades for partner brokers.
According to Foresight News , Binance announced that due to a system upgrade by its partner brokerage, stock trading will be suspended from 18:50 to 23:30 (Beijing time) on July 11, 2026. During this period, users will be unable to place orders. Service will be automatically restored after the upgrade is completed, but the actual downtime may be adjusted.