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7/29
13:43
The US high-grade corporate bond market experienced its highest level of dysfunction in nearly three years in July, according to an index from the Federal Reserve Bank of New York.
13:34
On-chain data shows that a single burn of USDC tokens occurred, totaling 68,188,526 tokens, equivalent to approximately $68.19 million.
13:33
Due to the U.S.-Israel war against Iran and escalating regional tensions, fuel prices in areas controlled by the Yemeni government have skyrocketed, with the price of diesel rising from $17 to $30 per 20 liters. The rise in fuel costs has triggered a chain reaction in the prices of construction materials, causing a large number of local construction projects to grind to a halt and leaving tens of thousands of construction workers unemployed. Yemen’s economy is highly dependent on imports and is extremely vulnerable to shocks in global commodity markets. Furthermore, attacks by Houthi militants on Saudi ships in the Red Sea have exacerbated shipping disruptions in the Strait of Hormuz and the Red Sea, pushing global oil prices above $100 per barrel for the first time since May.
13:32
Glencore, a commodities production and trading giant, expects its marketing division to post a profit of $3.3 billion in the first half of the year, as sharp market volatility during the war in Iran has generated windfall profits for energy commodities traders. The company will release its detailed half-year results next week, at which time the specific contribution of energy trading to profits will be clarified. If volatility in the energy markets persists, Glencore’s trading profits this year are expected to reach a record high.
13:29
On-chain data shows that a single issuance of USDC tokens took place, totaling 93,833,638 tokens, with a value of approximately $93.83 million.
13:22
SoFi's stock dropped after its earnings report, despite the neobank exceeding profit expectations. Investors were reportedly disappointed by the company's restrained guidance for future performance.
13:19
CoreWeave Inc. has increased the yield on a $2.6 billion loan. The loan is intended to fund additional computing capacity for companies, including AI firm Anthropic PBC, as CoreWeave seeks to attract investors who are becoming increasingly cautious about AI-related debt due to mounting bubble concerns.
13:16
Morgan Stanley reaffirmed its “Overweight” rating on Akamai (AKAM) stock and maintained its price target of $165, which is approximately 48% above Akamai’s current share price. Although Akamai’s stock price has recently fallen 31% from its all-time high, the firm’s analysts believe the company’s long-term growth story in the AI infrastructure sector remains intact. Morgan Stanley slightly lowered its full-year 2026 revenue forecast for Akamai, primarily due to weak performance in its traditional content delivery business, but emphasized that the company has signed a seven-year, $1.8 billion contract with a leading cutting-edge model provider, highlighting its value in the AI era.
13:16
US oil inventories have fallen to a "precariously low" level, attributed to supply disruptions caused by the Iran war. The Financial Times reported that this decline could undermine the ability to supply Asian and European markets that rely on Middle Eastern oil.
13:16
Investors are pricing in a one-in-three chance that the U.S. Federal Reserve will raise interest rates to combat inflation triggered by the war in Iran. The Fed is set to weigh these mounting inflation worries during its hotly debated upcoming meeting.
13:11
TotalEnergies SE reported its second-quarter adjusted net income rose 67% year-over-year to $6 billion, its best quarter in nearly three years. The surge was primarily attributed to the Iran war, which pushed crude and gas prices to multi-year highs and boosted European refining margins due to Hormuz Strait disruptions. Refining and chemicals income increased 362% to $1.8 billion, while exploration and production earnings climbed 64% to $3.2 billion. Separately, TotalEnergies and Eni made a final investment decision on the Cronos gas field off Cyprus, with production expected to start in 2028. The EU also reversed a previous decision, allowing TotalEnergies to continue transferring Russian LNG from its Yamal stake to Asian buyers under certain conditions.
13:11
Datadog, a cloud monitoring and security company, is reportedly gaining momentum from artificial intelligence (AI) ahead of its upcoming earnings report.
13:06
A crypto analyst pointed out that for XRP’s value to increase significantly, the key lies in whether it can be used as collateral by major financial institutions, rather than merely as a medium of payment. The analyst believes that when assets are used as collateral, they are held and locked up, thereby generating structural demand—which differs from transactional demand. If XRP were used as collateral for cross-border settlements, derivatives positions, or interbank lending—much like U.S. Treasury bonds or cash equivalents—its demand pattern would be completely transformed, making it possible for its market capitalization to reach $100 trillion. Ripple previously achieved a landmark victory in its lawsuit against the U.S. SEC, with a judge ruling that XRP itself is not a security—a decision that removed the biggest obstacle to institutional adoption of XRP as collateral.
13:05
Anchorage Digital stated that the U.S. Federal Reserve's proposed payment account, which aims to give some crypto companies access to the central bank, is not a 'workable substitute' for a master account.
13:00
USDG (Global Dollar) has seen trading volume of $3.49 million over the past hour, which is 24.4 times the average for the same time period over the past seven days; it is currently trading at $1.001.
13:00
FIL (Filecoin) has recorded a trading volume of $2.12 million over the past hour, which is 10.4 times the average for the same time period over the past 7 days; it is currently trading at $0.6683.
12:49
Goldman Sachs Traders noted that trading congestion in global AI-related stocks has fallen to a near one-year low following a round of sharp deleveraging. Goldman Sachs Prime Brokerage data shows that last week, the global information technology sector recorded its largest two-day long liquidation since January 2021, while the net exposure and long-short ratio for the “Magnificent Seven” (Mag 7) have also fallen to near one-year lows.Goldman Sachs Analysts believe this signals a shift in market dynamics from “position-driven trading” to “earnings validation,” with the focus now turning to the upcoming earnings reports from tech giants. Goldman Sachs Rich Privorotsky, head of the One-Delta business, stated that for long-term investors capable of withstanding short-term volatility, the market has begun to present opportunities worth positioning for, with the semiconductor capital expenditure supply chain remaining the top choice. The South Korean market has become the “epicenter” of this round of correction, and regulators are considering further tightening rules on leveraged trading.
12:44
Vinted, a European secondhand marketplace, announced a strategic partnership with Germany’s DHL Group that will allow German users to send and receive packages through DHL’s parcel lockers, digital self-service kiosks, and post offices. This move aims to simplify and expand Vinted’s logistics services and enhance the user experience. DHL plans to increase the number of automated parcel pickup and drop-off points in Germany from 18,500 to more than 30,000 by 2030.
12:44
Wall Street widely anticipates the U.S. Federal Reserve will keep interest rates unchanged today. However, Federal Reserve Chair Kevin Warsh's focus on restoring the Fed's credibility and combating inflation, coupled with recent geopolitical tensions and an 8% surge in WTI crude oil to over $85 per barrel following Iran's missile attacks, could make the meeting and Warsh's press conference more significant than the rate decision itself. Warsh has also eliminated the Fed's 'dot plot,' reducing official guidance for investors and forcing markets to interpret economic signals with less direct Fed communication.
12:41
On-chain data shows that a single issuance of 99 million USDC tokens took place, equivalent to approximately $99 million.

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