Global TradFi & Macroeconomics

According to Stocktwits sentiment data as of July 12, retail traders are actively betting on Sellas Life Sciences (SLS) and MoonLake Immunotherapeutics (MLTX) as potential acquisition targets for Merck & Co. (MRK) as the drugmaker prepares for the approaching loss of exclusivity for its flagship

According to a senior SK Hynix executive, the company confirmed it is positively reviewing investment in Korean government bonds on July 10 (local time) in New York. The semiconductor manufacturer has already purchased approximately 20 trillion won in credit bonds this year and is expected to

According to Jin10, offshore yuan Hong Kong interbank offered rates (CNH HIBOR) mostly rose on July 13. The overnight HIBOR increased by 1 basis point to 1.43485%, marking its highest level since July 3. The one-week rate held steady at 1.45000%, the two-week rate fell to 1.46394%, and the

Fast-fashion giant Shein Group Ltd. has obtained approval from Chinese regulators to conduct its first public offering (IPO) in Hong Kong, planning to sell up to 341.6 million H shares; however, an unconfirmed timeline for listing is still not available. In terms of valuation, Shein’s valuation four years ago had reached as high as $100 billion, but it has since fallen to about $30 billion, a drop of more than 70%. Key terms of Shein’s Hong Kong IPO: Chinese regulatory approval and an as-yet und

According to SoSoValue data, XRP spot ETF experienced net outflows of $7.18 million during the week of July 6-10. Bitwise's ETF XRP saw the largest weekly outflows at $7.29 million, while 21Shares' TOXR recorded the most inflows at $107,400. As of July 13, the total asset value of XRP spot ETFs

According to Periscope Analytics analyst Brian Freitas, SK Haisung's newly listed American Depositary Receipt (ADR) may experience valuation premiums in the near term. Freitas projects the ADR to trade at a premium of 30-35% in the extremely short term, which will likely narrow due to limited

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