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8/5
04:05
The update will not affect existing Spot trading or orders, and all orders placed before the adjustment will continue to be matched using original tick sizes. Tick size data queried through API will be updated accordingly.
03:59
CoinDesk analysis points out that the S&P 500 to Bitcoin ratio (which measures the amount of Bitcoin needed to buy the S&P 500 index), as well as the Nasdaq to Bitcoin ratio, has for the first time in Bitcoin's 14-year history broken above and held its 200-week simple moving average. This phenomenon may signify the end of Bitcoin's era of outperformance relative to stocks, potentially weakening its narrative as a "superior store of value," and contradicting previous bold bullish predictions of Bitcoin prices reaching $300,000 or higher. The analysis suggests that this reflects Bitcoin's maturation; thousand-fold gains are a phenomenon of young assets with thin liquidity, whereas trillion-dollar market cap assets are less prone to dramatic volatility.
03:46
Walters stated the team used its remaining treasury and available funds to settle the lawsuit. Burwick Law had filed a federal class action lawsuit in April, accusing Eliza Labs, Walters, and affiliates of false advertising, deceptive practices, negligent misrepresentation, and unjust enrichment. The lawsuit claimed the project falsely marketed itself as an autonomous, AI-managed venture fund and diluted holders during a token migration. Walters said he does not intend to support or launch another token linked to Eliza, and will instead focus on the open-source Eliza AI agent framework.
03:28
Chinese unicorn Moonshot AI has started its latest financing round, expected to close by the end of this month, aiming for a valuation of up to US$50 billion. The company is also dismantling its offshore structure to pave the way for a potential Hong Kong initial public offering (IPO) as early as the end of the year, according to sources familiar with the matter.
03:23
Chinese robotics startup X Square Robot has confidentially filed an application for an initial public offering (IPO) in Hong Kong, according to two sources familiar with the matter. The Shenzhen-based company has appointed Huatai Securities and Morgan Stanley as sponsors for the potential listing. This move comes as a growing number of Chinese robot manufacturers flock to capital markets, despite new trade restrictions imposed by the United States.
03:06
According to South Korean media outlet ETNews, TSMC has decided to significantly outsource the CoW (Chip on Wafer) process, a part of its CoWoS packaging technology, to OSAT (Outsourced Semiconductor Assembly and Test) companies such as ASE Technology Holding. This move marks a strategic shift for TSMC in the CoW segment, where its outsourcing scale was previously extremely limited. This expansion of outsourcing aims to address the continuous explosive demand for AI chips from AI chip design companies like NVIDIA and AI data center operators. Despite TSMC holding approximately 90% of the global AI chip manufacturing market, the bottleneck in the packaging segment has not been fundamentally resolved. This move is expected to directly drive demand for back-end process equipment such as wafer and interposer dicing and bonding, with South Korean equipment manufacturers poised to benefit.
02:36
The crypto-focused political action committee Fairshake backed several candidates who won their primaries, including Bill Huizenga in Michigan and Suzan DelBene, Kim Schrier, Marilyn Strickland, and Amanda McKinney in Washington. These victories indicate a growing political influence for the crypto industry.
02:33
Arthur Hayes likened the debt-fueled AI infrastructure boom to the 2008 credit bubble, suggesting it could lead to a “crack-up boom” for Bitcoin.
02:32
The London-listed miner said the move would broaden its shareholder base, improve trading liquidity and enhance its corporate financial flexibility. It is targeting admission of its shares in October.
02:24
SpaceX's total revenue in the second quarter reached $7.814 billion, approximately 15% higher than market expectations; GAAP operating profit exceeded market expectations by about 91%. Among these, AI business revenue was $2.6 billion, with adjusted EBITDA reaching $1.146 billion, significantly surpassing market expectations. Management stated that the payback period for AI capital expenditures is now less than one year. Connectivity business (Starlink) revenue was $4.291 billion, and space business (Starship) revenue was $0.962 billion, both exceeding expectations. Management revealed that the company has identified a path to achieve an annualized revenue of $100 billion by December and has brought forward the $1 trillion annualized revenue target to 2030. Goldman Sachs immediately raised SpaceX's 12-month target price from $205 to $220, maintaining a buy rating; Citi maintained a buy rating and a $200 target price, reiterating its long-term view of over $900. Despite strong performance, SpaceX's after-hours stock price still fell by 7.46%. Goldman Sachs expects SpaceX's capital expenditures to remain high, with the full-year capital expenditure forecast for 2026 revised up to $64.589 billion, further increasing to $189.115 billion in 2027, and free cash flow remaining negative for several years to come.
02:23
Despite some goods returning to the Gaza market after Israel lifted the blockade, local residents still face severe economic hardship and struggle to afford food. Due to ongoing shortages and transportation costs, prices remain high, while most residents have exhausted their savings and lost their jobs. The World Food Programme noted that although the volume of commercial and humanitarian goods entering has increased in the past two months, the number of families unable to afford goods from the market due to lack of purchasing power is also rising. Palestinian economic experts point out that the biggest challenge facing Gaza's economy is a shortage of cash liquidity, as thousands of families have lost their jobs and savings due to the war, leading to a significant decline in purchasing power. Economic recovery requires creating more income and employment opportunities.
02:22
The upgrade is expected to take place on Aug 5, 2026, 4:00 PM UTC. Trading activities for BERA will not be affected.
02:17
The upgrade is expected to take place around Aug 5, 2:30 PM UTC. Trading activities will not be affected.

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