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8/17
00:45
XRP futures open interest rose to approximately $2.78 billion, up 2% over 24 hours, with trading volume jumping 55% to about $1.17 billion. This comes as the token struggles around $1 and social sentiment, according to Santiment, turned its most negative in three months. On 币安 (Binance) and OKX, long XRP positions heavily outnumbered short positions, with ratios around 3.6 to one among larger traders.
00:07
Bybit announced it will support the ValueChain (SOSO) network upgrade, expected on Aug 17, 2026, at 08:30 AM UTC. To facilitate a smooth transition, deposits and withdrawals via ValueChain (SOSO) will be temporarily suspended starting Aug 17, 2026, at 08:00 AM UTC. Trading and other activities will not be affected.
8/16
23:47
Blockchain analytics firm Chainalysis has filed a sealed complaint against the US government, challenging the Immigration and Customs Enforcement (ICE) agency's decision to award a $95 million sole-source contract to its competitor, TRM Labs. The specific objections raised by Chainalysis and the requested remedy remain undisclosed as legal proceedings continue.
23:40
Driven by expectations of Donald Trump government tariff policies, a large volume of copper metal continues to flow into the United States, leading to tighter supply in other global markets. Three-month copper prices on the London Metal Exchange (LME) were reported at $14,368 per ton, up 1.47% from the previous trading day, just a step away from the intraday historical record of $14,527.50 set in late January this year. Copper prices have risen by over 15% year-to-date, recording gains for seven consecutive weeks. Meanwhile, the LME spot copper premium over the three-month futures contract once expanded to $478 per ton, the largest spread since the major short squeeze in 2021, reflecting near-term supply tightness. LME copper inventories have fallen to slightly above 200,000 tons, the lowest level since February this year, further exacerbating supply pressure in the spot market.
23:30
Distressed Indonesian property firm PT Modernland Realty is seeking to restructure a dollar bond for a second time. The company proposes to push out the maturity of its $274.5 million dollar bond due next year and ultimately exchange it for perpetual securities backed by assets, highlighting its liquidity challenges.
22:51
JPMorgan Chase noted in its research report on August 16 that the release of Zhipu GLM-5.3 and DeepSeek's API price increase effective August 17 are changing the competitive landscape of China's AI model layer. The bank favors internally driven capabilities over models that solely rely on low prices.

Based on this, JPMorgan Chase significantly raised Zhipu's target price from HKD 1,600 to HKD 1,800, maintaining an "Overweight" rating. The reason given is Zhipu's capability leap with GLM-5.3, driven by internal technology, which has solidified its moat. At the same time, MiniMax's target price was raised from HKD 160 to HKD 260, maintaining a "Neutral" rating, mainly because DeepSeek's price increase provides it with breathing room, and the multi-modal option value brought by H3, but its core large model capabilities still need to be verified by the upcoming M3.1.
22:51
BTIG Chief Technical Market Strategist Krinsky noted in his latest report that the US stock market is entering the seasonally dangerous window of August to October in a midterm election year, characterized by historical highs and extremely low volatility. The report emphasized that since 1990, the S&P 500 has experienced at least a 7% pullback during this period every year, with the exception of 2006. Current market sentiment is complacent, with the VIX at its lowest point of the year, indicating insufficient demand for protection. Multiple technical indicators are also flashing warning signs, including the equal-weighted S&P 500 (RSP) deviating excessively from its 200-day moving average and a lack of downside volume signals. On the macro front, long-term government bond yields continue to rise after positive data, diverging from the optimistic pricing in the stock market. BTIG advises investors to actively reduce risk exposure or hedge broad equity positions.
22:48
Lookonchain observed that a trader immediately adopted a "2x return" strategy after buying MARSCOIN, selling 50% of their holdings (42.3 million MARSCOIN) for 16.4 BNB, thus recovering their initial investment. This means the remaining 42.3 million MARSCOIN are now pure profit.
22:46
Japan's Rakuten Group will collaborate with German AI defense technology startup Helsing to provide AI attack drones to the Japan Self-Defense Forces. It is reported that the cooperation between the two parties may expand to include the production of autonomous equipment in Japan in the future.
22:07
China's A-share market fluctuated upwards in early trading today, with the Shanghai Composite Index rising 0.15%, the Shenzhen Component Index rising 0.17%, and the ChiNext Index rising 0.14%. The semiconductor industry chain performed strongly, with concept stocks such as semiconductor silicon wafers, indium phosphide, and glass fiber all rising. However, the liquor sector fell into adjustment, with Kweichow Moutai opening 3.5% lower, falling below the 1300 yuan mark. The company's previously released semi-annual report for 2026 showed a 1.95% year-on-year decrease in net profit for the first half of the year, with net profit in the second quarter decreasing by 36% quarter-on-quarter.

Hong Kong stocks opened higher and continued to rise, with the Hang Seng Index up 1.38% and the Hang Seng Tech Index up 1.68%, as internet and tech stocks generally rose. In commodity futures, China's domestic commodity futures all rose, with the container freight index surging 10% and crude oil rising over 4%.
22:07
In an August 17 research report, JPMorgan Chase noted that the Q2 2026 earnings reports from major global chip manufacturers revealed that industry demand strength comprehensively exceeded expectations from three months prior, and pricing power is accelerating its spread from memory chips to semiconductor equipment (SPE) and materials. The report emphasized that price increases and profit expansion are no longer exclusive to memory chip manufacturers, as SPE and tech material suppliers are steadily improving gross margins through price hikes. Driven by strong demand, TSMC raised its 2026 capital expenditure plan by approximately 15%, from $52-56 billion to $60-64 billion; Intel increased its capital expenditure for the same period to $20 billion (YoY +11%), with equipment capital expenditure seeing a significant 40% increase. Furthermore, the semiconductor equipment (WFE) market outlook was substantially revised upwards, with Tokyo Electron raising its 2027 WFE market forecast to no less than $190 billion, and equipment manufacturers generally expanding gross margins. Memory giants such as Samsung and SK Hynix are securing profits for several years through 5-year long-term agreements (LTAs) and substantial prepayments, with SanDisk even disclosing a floor gross margin of approximately 80%.
22:05
The new design has attracted customers like Kwon Ji-hyun, a former Galaxy Z Flip user, who found the wider Fold8 preferable, making her husband's more traditional Fold8 Ultra seem unusual. This shift is drawing in buyers, including women in their teens through 30s, who were previously not inclined towards Samsung's book-style Fold models.
22:03
Foreign funds are reportedly injecting liquidity into China's real estate sector through a series of transactions involving shopping malls, warehousing, and logistics companies. Global asset manager PAG provided new capital injections to several Wanda Plazas under Dalian Wanda Group in June and July. Dalian Wanda Group has been forced to sell assets to repay debts due to tight liquidity.

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