Wall Street can’t get enough AI as SK Hynix rallies massively in Nasdaq debut

The post When Is the First Zcash ETF Launching in the U.S.? Here’s All we Know appeared on BitcoinEthereumNews.com. There’s no confirmed date yet for the launch of the first Zcash ETF in the United States. The reality of the situation is quite intriguing because the filing is active, the product structure is public, and the final decision now rests with the SEC.  If it receives approval, this would be the first U.S. spot ETF tied to a privacy coin. It would mark a significant milestone for both crypto accessibility and the future of Zcash. A Zcash ETF would provide a regulated pathway for both institutional and retail investors. I’ll go over what we know, what’s likely and not likely to happen, and the potential ways this the Zcash ETF approval can play out. Let’s get into it! Key highlights: There is no approved launch date yet for a U.S. Zcash ETF Grayscale is trying to convert its existing Grayscale Zcash Trust into a Spot Zcash ETF listed on NYSE Arca The earliest clean-path launch

The post Empery Digital Offloads 1,400 BTC, Pivots Treasury From Bitcoin To AI Infrastructure appeared on BitcoinEthereumNews.com. For months, corporate bitcoin treasuries have been treated as a one-way bet. Empery Digital just broke the pattern. The Nasdaq-listed firm disclosed in an SEC filing that it sold 1,400 bitcoin since May, generating roughly $87.1 million at an average price of $62,200, according to the original report. The proceeds are marked for debt repayment, a previously announced property acquisition, and legal expenses. The sale is not merely a capital raise. It coincides with a direct strategic pivot. Empery said it will discontinue public net asset value disclosures based exclusively on bitcoin holdings, citing growing exposure to artificial intelligence and energy infrastructure businesses. The firm is now involved in a proposed $1 billion AI data center project alongside members of the Hunt and Crow families. A Corporate Treasury Reversal While many public companie

The post Bitcoin Treasury Firm Empery Digital Sells 1,400 BTC for $87 Million appeared on BitcoinEthereumNews.com. Bitcoin News Nasdaq-listed Empery Digital has offloaded nearly half of its Bitcoin (BTC) reserves, selling 1,400 BTC since May 7 for roughly $87.1 million in gross proceeds, according to a recent SEC filing. The company sold at an average price near $62,200 per coin, directing $10 million toward retiring debt on July 7 and earmarking the remainder for a $65 million Midwest AI data-center stake and mounting legal costs from shareholder litigation. As of July 10, the firm held 1,514 BTC — worth close to $96.5 million — alongside about $73.9 million in cash, with $45 million still outstanding on its debt facility. Coverage of the entity continues on our Bitcoin hub. On-chain analysts frame the current phase as a slow, grinding bottom rather than a sharp capitulation. One prominent on-chain researcher argued that after February’s price-driven capitulation, Bitcoin has entered

SK Hynix's dual listing highlights the growing convergence of traditional finance and decentralized finance, impacting global investment dynamics. The post SK Hynix surges in NASDAQ debut after raising $26.5B in share sale, as tokenized versions launch on Solana appeared first on Crypto Briefing.

The post Polymarket odds hit 8.5% for Hormuz traffic normalizing by July 31 appeared on BitcoinEthereumNews.com. Joerg Hiller Jul 10, 2026 22:04 Explosions were reported across parts of Iran as U.S. Polymarket odds hit 8.5% for Hormuz traffic normalizing by July 31 Polymarket Slams “Yes” After Iran Explosion Reports Reprice Strait of Hormuz Normalization Risk On Polymarket, traders have pushed the “Strait of Hormuz traffic returns to normal by July 31?” contract sharply toward No, with Yes down to 8.5% on $14.23M matched. The repricing follows fresh reports of explosions in Iran and escalating regional strikes, and the market’s move is visible in both the large swing from 42% and the recent high-volatility tape. Key Takeaways Polymarket implies a 91.5% chance of “No” (only 8.5% Yes) that Strait of Hormuz traffic returns to normal by July 31. The contract repriced lower after reports of explosions in Iran and continued tit-for-tat strikes, aligning traders toward prolo

The post Backpack challenges Wall Street with 24/7 tokenized US stocks appeared on BitcoinEthereumNews.com. Backpack has launched 24/7 trading for tokenized U.S. stocks across more than 150 countries, giving eligible investors direct ownership of selected equities with instant settlement. Summary Backpack has launched 24/7 trading for tokenized U.S. stocks with direct ownership and instant settlement. The exchange now offers tokenized shares of companies including SpaceX, Micron and SanDisk across 150+ markets. RWA.xyz data shows the tokenized stock market has grown to $1.85 billion as crypto and traditional firms expand offerings. Backpack announced on Thursday that users outside the United States can now trade a group of tokenized U.S. equities around the clock, including shares linked to SpaceX, Micron and SanDisk. Backpack launches the first 24/7 brokerage for real US equities. International investors can now buy and sell select US equities on Backpack 24/7/365. Not synthetic. Not

Backpack has launched 24/7 trading for tokenized U.S. stocks across more than 150 countries, giving eligible investors direct ownership of selected equities with instant settlement. Backpack announced on Thursday that users outside the United States can now trade a group…

The post China is giving Manus to Tencent after blocking Meta’s attempted acquisition appeared on BitcoinEthereumNews.com. China is pushing Manus toward a new group of owners after telling Meta Platforms (NASDAQ: META) to reverse its $2 billion purchase of the AI agent startup. As per the Financial Times, Tencent Holdings (HKEX: 0700) will hold the maximum stake, but not more than 50 percent. It means that Manus will remain an independent entity and will continue its operations from Singapore instead of becoming a part of Tencent. The new deal would keep the same $2 billion valuation used when Meta bought Manus in December 2025. Former investors such as Tencent, ZhenFund, and HSG are taking part in the talks, along with Manus executives. Other investors could still join before an agreement is reached. China forces investors to rebuild Manus after Meta separates the business Beijing ordered Meta to reverse the purchase in April 2026, saying the deal broke local investment rules. Manus c