Global TradFi & Macroeconomics

From 03:00-03:15 (UTC) on July 13, 2026, BTC experienced a sharp drop within 15 minutes, with a decline of -0.55%. The price ranged from $62,890.9 to $63,379.1 USDT, with a 0.77% amplitude. Amid a sell-off wave in risk assets triggered by geopolitical conflict, BTC fell in tandem, and market volatility noticeably intensified. The buy/sell depth ratio was only 0.24, with the short side dominating the short-term microstructure. The main driver behind this move was a rapid escalation of the U.S.-Ir

According to a survey by South Korea's Korea Chamber of Commerce and Industry released on July 13, the retail business sentiment index (RBSI) for the third quarter reached 92, up 12 points from 80 in the second quarter. The index, which uses 100 as a baseline to gauge optimism or pessimism about the

According to ChainCatcher citing SoSoValue data, Hype spot ETFs saw net inflows of $10.36 million during last week's trading days (July 6-10 ET). Bitwise ETF BHYP led with weekly net inflows of $8.97 million, bringing its total historical inflows to $133 million. Grayscale ETF HYPG followed with wee

According to SoSoValue data, Solana spot ETFs saw net inflows of $930,400 during the week of July 6–10. Bitwise's BSOL led with net inflows of $1.7511 million, while Grayscale's GSOL recorded the largest outflows at $2.0381 million. As of July 13, total SOL spot ETF assets under management

ARK Invest (ARK Invest) bought Circle (CRCL) shares on July 13 amid a sharp drop in Circle stock. ARKK and ARKF, together, purchased about 217,896 shares of Circle, adding roughly $13.7 million. ARK Invest also sold 85,319 shares of Robinhood (HOOD) at the same time, raising about $9.8 million. ARK Invest Adds to Circle Holdings as ARKK and ARKF Coordinate Their Bet According to transaction records disclosed by ARK Invest, this add-on to Circle shares was executed jointly by two flagship ETFs—AR

Silver spot prices declined 3.00% today, trading at $58.05 per ounce.

According to ChainCatcher citing SoSoValue, Ethereum spot ETFs saw net inflows of $84.42 million last week, ending eight consecutive weeks of outflows. BlackRock's ETHA ETF led with weekly net inflows of $53.75 million, bringing its historical cumulative net inflows to $11.18 billion. Fidelity's

According to ChainCatcher, citing SoSoValue data, Bitcoin spot ETFs saw net inflows of $197 million during the week of July 6–10, ending eight consecutive weeks of net outflows. BlackRock's IBIT led inflows with $292 million, bringing its historical total net inflows to $60.29 billion. Grayscale's B

According to data released by the Korea Exchange (KRX) on July 9, on July 8, the trading value of Samsung Electronics and SK hynix shares reached 9.5563 trillion won and 15.2560 trillion won, respectively, for a combined total of 24.8123 trillion won. Adding 16 single-leveraged and inverse ETFs that track Samsung Electronics and SK hynix as underlying assets, the trading scale is close to 40 trillion won, accounting for 44.1% of the total trading value in the Korean market. Samsung Electronics a

According to Goldman Sachs, effective global oil pipeline transmission capacity is expected to increase by 3.8 million barrels per day by the end of 2027, with cumulative gains reaching 7.3 million barrels per day by the end of 2028.

According to Reuters, Meta plans to begin mass production of its self-designed data center AI chip Iris as early as September, with the company's stock rising approximately 6% on Friday (July 10). The chip, designed with assistance from Broadcom, will be manufactured by Taiwan Semiconductor

Shanghai SHIBOR rates rose across key tenors on July 13. The overnight rate increased 1.19 basis points to 1.3720%, while the 7-day rate climbed 1.7 basis points to 1.4000%. The 3-month rate added 0.11 basis points to 1.4290%.

According to BlackRock, Neuberger Berman, and AllianceBernstein, major global asset managers recently weighed in on AI valuation debates, arguing that while local overheating exists, the market represents structural divergence rather than a broad bubble comparable to the 2000 dot-com era. BlackRock

According to Odaily, Bitmine Chairman Tom Lee spoke at WebX 2026 in Tokyo on July 13, comparing Ethereum's current price trajectory to the stock market in the years following 1987. Lee stated that Ethereum is currently at a bottom phase and poised to rise. He added that many investors are fearful

According to Nick Timiraos, widely regarded as the Federal Reserve's mouthpiece, Fed Chair Powell held his first meeting as chairman in June and maintained interest rates unchanged by consensus. However, consensus could become more difficult to maintain, as some Fed officials have grown

According to Jin10, on July 10, domestic gold jewelry prices fell below 1,240 yuan per gram as major brands followed the decline in international gold prices.

According to its prospectus, Lupon Pharma submitted an IPO application to the Hong Kong Stock Exchange in early July, with its core product LP-168 approved by China's National Medical Products Administration in June 2026. The drug, commercialized as Lucoda, is the world's first fourth-generation

According to Standard Chartered, Hong Kong stocks rallied 3.5% last week. Zheng Zifeng, Standard Chartered's North Asia investment director, expects the rebound to have sustained momentum as global investment flows rotate toward Hong Kong equities. The bank has set a 12-month Hang Seng Index

South Korean authorities are preparing countermeasures for single-stock leveraged ETFs tracking Samsung Electronics and SK Hynix, which have been identified as a key factor in market volatility one and a half months after their launch. Professor Lee Jun-seo from Dongguk University's Business

According to a July 13 report by Korea Investment & Securities, SK hynix’s Q2 2026 forecast operating profit is 60.4 trillion won, about 8% lower than the market consensus of 65 trillion won; forecast revenue is 80.9 trillion won (up 264% year over year), but operating profit is up 556% year over year. Analyst Min-suk Chae said that starting in Q3, HBM4 will begin full-scale mass production and sales, and the ASP increase will align with the market average. Korea Investment & Securities Q2 Forec