CXMT targets $4.3B IPO in what would be the largest listing on Shanghai’s STAR Market

China's esports league's traditional approach highlights regulatory caution, challenging crypto's integration in mainstream gaming markets. The post China’s biggest esports league just launched with zero crypto integration, and that tells you everything appeared first on Crypto Briefing.

China's potential AI restrictions could reshape global tech dynamics, impacting international collaborations and altering AI innovation flows. The post China considers tightening controls on AI models amid security fears appeared first on Crypto Briefing.

The post SpaceX Stock Analysis July 2026: Post-IPO Pressure and Momentum Shift appeared on BitcoinEthereumNews.com. SpaceX stock is navigating a critical moment. SPCX closed at $148.30 on July 8, sitting below its IPO opening price and facing a technically fragile structure. The stock has lost early momentum and is now being repriced through a more sober lens. SPCX — daily chart with candlesticks, EMA20/EMA50 and volume. Key takeaways SPCX closed at $148.30 on July 8, below its IPO opening price. Morgan Stanley initiated coverage with an Overweight rating and a $300 price target. The 1H chart shows a bearish regime with price below all key exponential moving averages. Daily ATR14 at $14.71 signals elevated volatility and wide intraday swings. The stock dropped 7% despite a wave of bullish analyst initiations. Daily Bias: Neutral With a Bearish Undertow SPCX maintains a neutral daily bias, but bearish pressure is clearly building beneath the surface. The daily chart shows price at $148.

The post SK Hynix and CXMT IPO boom could pull capital away from crypto appeared on BitcoinEthereumNews.com. The U.S.-blocked company plans to use the proceeds to upgrade production lines and technology after posting explosive growth, including first-quarter revenue of 50.8 billion yuan, up 700% year-on-year. Reuters estimates CXMT held around 7.7% of the global DRAM market last year. These deals follow SpaceX (SPCX) and Cerebras (CBRS), two AI-related listings that have fueled enthusiasm across semiconductor and memory stocks. Together they reinforce a broader theme: investors are allocating fresh capital to companies building the infrastructure behind artificial intelligence rather than to crypto assets. Bitcoin BTC$62,919.56 has fallen roughly 50% from its October all-time high to around $63,000, as investors have increasingly favored AI infrastructure plays over digital assets. The pipeline is far from empty. OpenAI and Anthropic have both been discussed as companies that could eve

The post Virginia Man Loses $9,888 After Hackers Access His Wells Fargo Account, Transfer Funds to China appeared on BitcoinEthereumNews.com. Virginia Man Loses $9,888 After Hackers Access His Wells Fargo Account, Transfer Funds to China – The Daily Hodl No Result View All Result Source: https://dailyhodl.com/2026/07/09/virginia-man-loses-9888-after-hackers-access-his-wells-fargo-account-transfer-funds-to-china

The post Equities: Stagflation hit and chip-sector divergence – Deutsche Bank appeared on BitcoinEthereumNews.com. Deutsche Bank strategists report that United States (US) equities weakened under a stagflationary backdrop. The S&P 500 fell with broad-based losses, while the Philly semiconductor index outperformed strongly. SK Hynix’s US ADR offering was heavily oversubscribed, and China may allow some domestic AI firms to buy Nvidia H200 chips, supporting chip stocks even as most S&P 500 industry groups declined. Broad losses, semis outperform “Given the stagflationary backdrop, this meant equities took a big hit on both sides of the Atlantic. So the S&P 500 fell -0.28%, with a broad-based decline that saw 78% of the index lose ground. Once again, the move in chip stocks was against the overall market as the Philly semiconductor index (+2.23%) outperformed.” “The outperformance was bolstered by two large news stories. First, SK Hynix’s US offering was more than seven times oversubscrib

The post Federal Reserve Minutes Reveal AI Boom Sparking Inflation Worries and Rate Hike Possibilities appeared on BitcoinEthereumNews.com. Key Takeaways Federal Reserve policymakers identify AI infrastructure expansion as a significant contributor to inflationary pressures through elevated semiconductor, energy, and data center expenses Interest rates remained unchanged at 3.5%–3.75% during June’s policy meeting under new Chair Kevin Warsh Half of the 18 voting committee members anticipate at least one rate increase by the conclusion of 2026 Market expectations show a 69.5% probability of unchanged rates at the upcoming July 29 decision, declining from 80% the previous week Prediction markets indicate a 59% likelihood of a rate adjustment this year, influenced by escalating U.S.-Iran geopolitical risks Central bank officials found themselves at odds during their June policy gathering regarding the appropriate path forward for interest rates. Documents released on Wednesday revealed th

A Spotsylvania, Virginia, resident says hackers initiated an unauthorized wire transfer to steal nearly $10,000 from his retirement savings held at Wells Fargo. Jesse Combs, a longtime Wells Fargo customer, says he had never experienced a security issue with his account until May 29th, when he received an email notifying him that a $9,888 wire […] The post Virginia Man Loses $9,888 After Hackers Access His Wells Fargo Account, Transfer Funds to China appeared first on The Daily Hodl.