Global TradFi & Macroeconomics

According to BlockBeats, Yuanshu Technology's IPO subscription lottery on August 10 is estimated to have a 0.03% winning rate, roughly one-sixteenth that of the previously popular Changshin Technology at 0.47%. Out of approximately 44.64

According to the Institute for Supply Management (ISM), the U.S. services sector PMI for July came in at 54.1 on August 5, missing the market forecast of 54.5 but holding steady from June's 54.0. The broader S&P Global final services PMI reading for July was 54.6, exceeding expectations of 53.6. The

From 16:00 to 17:00 UTC on August 5, 2026, ETH was quoted at 1,873.59–1,882.53 USDT, with a 1-hour Return % of +0.48% and an Ampl of 0.48%. Overall, it showed a narrow-range consolidation pattern, with intraday volatility below $30. The 24h Rise % was only 0.37%, while the price moved sideways within the $1,870–$1,885 range. Market attention was neutral, and volatility remained within the range of normal noise. The main drivers of this move were BitMine’s continued execution of its large-scale E

Grayscale XRP Trust ETF sold more than $180 million in tokens during the first half of 2026, according to a new SEC filing that disclosed the sales occurred to meet redemption demands. The trust cashed out $180.78 million worth of XRP by selling 103.41 million tokens during the period ending

According to Grayscale's SEC Form 10-Q filing, the Grayscale XRP Trust ETF sold $180.78 million worth of XRP tokens during the first half of 2026, with holdings declining from 122.23 million tokens at year-end 2025 to 55.04 million by June 30. The trust recorded realized losses of $34.16 million on

According to Bloomberg, PayPal CEO Enrique Lores announced on August 6 that the company will separately disclose its three core business units and set specific revenue targets for each for the first time. The move aims to improve financial transparency and help investors better evaluate the

A UK competition tribunal on Wednesday rejected Google's attempt to block a class-action lawsuit representing hundreds of thousands of British businesses. The lawsuit accuses Alphabet's Google of abusing its market dominance to charge excessive fees for online advertising and leveraging its

LME tin futures jumped $729 to $56,718 per ton today (August 5), marking the largest single-day gain among London Metal Exchange contracts. Copper rose $44 to $14,110/ton, aluminum added $18 to $3,241/ton, and zinc climbed $56 to $3,729/ton. Conversely, nickel fell $79 to $17,114/ton and lead

According to the U.S. Energy Information Administration (EIA), distillate fuel exports reached a record 1.9 million barrels per day last week, surpassing the previous peak set in May. Distillate fuels include diesel, heating oil, and related products. Concurrently, domestic distillate inventories de

Phillips 66's Ferndale refinery will add 12,000 barrels per day of aviation fuel production capacity in 2027, according to industry reports. The capacity expansion represents a significant increase in the facility's jet fuel

The USD-JPY exchange rate traded at 157.552 yen as of 9:37 AM Eastern Time on the 5th, down 0.216 yen (0.137%) from the previous session, according to Yonhap Infomax. The pair has remained in the 157 yen range for three days following a sharp drop triggered by joint US-Japan foreign exchange

On Wednesday (August 5), Germany's 2-year government bond yield rose 1.3 basis points to 2.730%, after surging intraday before retreating. The 10-year Bund yield advanced 0.4 basis points to 3.111%. Meanwhile, other eurozone sovereigns also gained: France's 10-year yield climbed 1.7bp to 3.901%,

On August 6, Strategy announced it aims to become the world's largest company by market value, using a strategy centered on holding the most capitalized Bitcoin, issuing its credit instrument STRC, and maximizing stock value MSTR. The company is already one of the world's largest corporate Bitcoin h

On Wednesday (Aug 5), German two-year government bond yield rose 1.3 basis points to 2.730%, trading between 2.704% and 2.744% during the session. German 10-year bond yield gained 0.4 basis points to 3.111%.

According to Bloomberg, multi-strategy hedge funds Balyasny Asset Management and Verition Fund Management both recorded losses last month as an artificial intelligence stock selloff roiled markets. Balyasny declined 1.5% in July, with year-to-date returns narrowing to 1.2%, while Verition

Asian stock markets rose sharply on August 5 (local time), with major indices gaining over 3% as semiconductor and AI-related stocks rallied. The surge followed record highs in US markets driven by strong corporate earnings, while declining international oil prices further supported investor

According to Bank of America CEO Brian Moynihan, hedge fund Situational Awareness's recent near-collapse serves as a warning signal for overleveraged financial markets. Moynihan stated that rising market valuations and increased leverage across the system demand caution from all market

Attovia Therapeutics Inc. (ATTO) opened its U.S. IPO at $21 per share on August 5, marking a 23.5% jump above the $17 per-share offering price set earlier.