Global TradFi & Macroeconomics

According to SoSoValue data reported by PANews, Bitcoin spot ETFs saw combined net inflows of $227 million on July 20 (U.S. Eastern Time yesterday), continuing a five-day net inflow trend. BlackRock's IBIT led with $116 million in single-day inflows, bringing its historical cumulative net inflows to

JPMorgan, in a research note dated July 21, estimated that South Korea’s KOSPI stock index had already fallen back about 28% from the June 22 closing high of 9,114.55 points; around July 21, it hovered near 6,516 points. The report characterizes this leg of sharp selloff as leverage-driven deleveraging/forced unwinds and adjustments to concentrated positioning. Key de-risking data: the size of leveraged ETFs tied to Korean underlyings fell from about $5 billion at the end of June to $2.6 billion

According to Korea Securities Depository, South Korea's equity-linked securities (ELS) and equity-linked derivative bonds (ELB) total issuance reached 27.8 trillion won in the first half of 2026, up 27.7% year-over-year but down 41.7% compared to 47.6 trillion won in the second half of 2025.

According to ChainCatcher citing Gate market data, Nasdaq futures rose over 1% on July 21, while Dow futures advanced 0.27% and S&P 500 index futures gained 0.4% as U.S. equity index futures strengthened

According to BlockBeats, on July 21, South Korea's exchange triggered circuit breaker mechanism for KOSPI index due to volatility.

Grayscale filed amendments to convert staking rewards from its Ethereum (ETHE) and Solana (GSOL) trusts into quarterly cash distributions starting around Aug. 7, according to onchain analyst Wu Blockchain. The proposed amendments would require the trusts to distribute net staking rewards

According to a Grayscale SEC filing relayed by Wu Blockchain, the Grayscale Ethereum Mini Trust (ETHE) and Grayscale Solana Mini Trust (GSOL) seek to convert staking rewards into quarterly cash payouts starting around Aug. 7. GSOL currently stakes 100% of its SOL holdings, generating

Micron, SanDisk, and Western Digital stocks gained between 2% and 2.7% on Monday, ending a three-day decline as memory chip equities rebounded despite ongoing volatility in Korean markets and the broader semiconductor sector. The rally followed weeks of profit-taking that pushed the Roundhill

According to the Bank of Korea on July 21, the central bank unveiled the formal name of its offshore won settlement system as 'Bank of Korea International Payment Network' and is building it to launch pilot operations by September. Four commercial banks—KB Kookmin Bank, Woori Bank, Hana Bank, and

According to Stocktwits, Micron (MU) and SanDisk (SNDK) gained 2% to 2.7% in Monday's overnight session, snapping a three-day losing streak in memory chip stocks. Western Digital (WDC) rose 2.1%, while the Roundhill Memory ETF (DRAM) extended gains by 2.7% overnight. Micron's market capitalization h

According to Morgan Stanley, DRAM prices for data center use are estimated to rise over 25% in Q3 compared to Q2, driven by persistent supply tightness. The investment bank recommends buying memory stocks at current weakness, arguing that recent selloffs represent a strong entry opportunity as memor

US stocks closed mixed on Monday, with the S&P 500 ending 0.2% lower at 7,443.28 and the Dow Jones Industrial Average falling 0.6% to 51,839.26, while the Nasdaq 100 remained flat at 28,604.23. The declines came as oil prices surged, with US crude futures advancing 0.9% to $83.23 per barrel and

US stock futures climbed in overnight trading late Monday as semiconductor stocks gained ahead of a busy week of Big Tech earnings, helping offset investor concerns over the renewed US-Iran conflict. Nasdaq-100 futures rose 0.39%, Dow futures increased 0.10%, and S&P 500 futures advanced 0.17% at 9:

Google is developing a custom AI chip codenamed 'Frozen v2' optimized for its Gemini model, targeting 2028 server deployment with expected 6-10x power efficiency improvements per token processed. Intel announced additional layoffs in its data center division affecting over 5,000 employees in

Rocket Lab (RKLB) stock fell approximately 2.7% on Monday, reaching its lowest level in nearly three months, despite winning a U.S. Space Force contract under the National Security Space Launch Phase 3 Lane 1 program. The U.S. Space Force announced on Friday night that it awarded contracts to

Nvidia Corp. disclosed a 9.3% passive stake in Nebius Group N.V. through a 13G filing on Monday, sending NBIS stock up 4.6% overnight late Monday. The stake comprises 22.25 million Class A ordinary shares, including 1.19 million shares held directly and 21.07 million shares held via pre-funded

Paramount Skydance Corp. (PSKY), Oracle Corp. (ORCL), and Tilray Brands (TLRY) each touched new 52-week lows on Monday as US stocks faced sector-specific pressures. Paramount stock fell to $8.56 after a federal judge blocked its $110 billion Warner Bros. Discovery acquisition, Oracle dropped to $120

According to Jin10, on July 21, overnight CNH HIBOR fell 12 basis points to 1.32121%, marking its lowest level since June 5. One-year HIBOR also declined 6 basis points to 1.65409%, reaching its lowest point since June 11.

New Era Energy & Digital Inc. (NUAI) stocks surged more than 26% on Monday after the AI infrastructure and energy company filed with the Securities and Exchange Commission disclosing that Conversant Opportunity Master Fund LP, Conversant GP Holdings LLC, Conversant Capital LLC, and Michael

According to President Donald Trump's Truth Social post warning Iran would face retaliation for three U.S. service members' deaths, oil prices surged on Monday, July 21, with U.S. crude rising 0.9% to $83.23 per barrel and Brent gaining 1.3% to $89.22. The gains in oil prices triggered broader