Binance will delist some leveraged trading pairs on July 30.
According to an official announcement, Binance Leverage will remove the following leveraged trading pairs at 14:00 (GMT+8) on July 30, 2026: Cross margin leveraged trading pairs: A/USDC, HIVE/USDC, ILV/USDC, NEWT/USDC, MOVE/USDC Isolated margin leveraged trading pairs: A/USDC, HIVE/USDC, NEWT/USDC, MOVE/USDC
3 minutes ago
US stock market's optical module sector rises collectively in pre-market trading.
According to market data from BIT (Bit.com), the optical module and optical communication sectors saw broad gains in the U.S. pre-market session. As of press time, Coherent (COHR) traded at 291.800, up 3.33%; Lumentum (LITE) at 788.980, up 3.41%; Applied Optoelectronics (AAOI) at 104.230, up 4.07%; Nokia (NOK) at 9.370, up 2.97%; and Marvell Technology (MRVL) at 201.730, up 3.86%.
3 minutes ago
Bank of America: August to October could be the toughest period for US stocks this year, with defensive assets such as gold and the US dollar likely to benefit.
US Bancorp Securities technical analyst Paul Ciana released a report noting that historical data shows August to October is typically the weakest rolling three-month period for the S&P 500, meaning US stocks may face their toughest phase of the year.
The report points out that since 1928, the S&P 500 has delivered an average return of nearly zero (-0.02%) during August-October, with gains recorded in only 55% of years. This period also sees the largest average drawdown of any rolling three-month window, hitting 7.35%.
Ciana emphasized that seasonal weakness does not indicate a reversal of long-term trends. Historical data shows November through January is a traditional strong window for US stocks, with the S&P 500 averaging a 3.54% gain.
On the asset front, Bank of America (BofA) believes defensive assets such as the US dollar, US Treasuries, and gold tend to outperform during August-October. Gold has risen 61% of the time in this window since 1992, with an average gain of 2.52%; yields on the 30-year US Treasury have historically trended downward.
Energy assets may be an exception to late-summer trends. The Bloomberg Energy Index has posted an average historical gain of 2.42% in August, and crude oil prices also tend to find support in late August.
BofA cautioned that investors should monitor risks from seasonal volatility and allocate to defensive assets to hedge against potential market pullbacks.
3 minutes ago
ChangXin topped the A-share market capitalization leaderboard on its first day of trading, with its five major shareholders logging an unrealized paper profit of around 1.42 trillion yuan.
Leading domestic DRAM giant Changxin Technology (688825.SH) debuted on the STAR Market, closing at 49.00 yuan, surging 465.82% from its IPO price of 8.66 yuan. The company notched a full-day trading volume of 141.187 billion yuan, with a total market capitalization of around 3.28 trillion yuan, making it the A-share market’s highest-valued listed company by total market cap.
Estimated based on post-IPO shareholdings disclosed in the listing prospectus and the day’s closing price, Qinghui Jidian holds shares worth approximately 639.1 billion yuan, with a value gain of about 526.2 billion yuan versus the IPO price. Changxin Integrated Circuit, Phase II of the National Integrated Circuit Industry Investment Fund, Hefei Jixin, and Anhui Provincial Investment hold shares valued at 345.3 billion yuan, 257.5 billion yuan, 246.8 billion yuan, and 233.3 billion yuan respectively, translating to paper gains of roughly 284.3 billion yuan, 212 billion yuan, 203.2 billion yuan, and 192 billion yuan. The top five shareholders’ combined paper gains total approximately 1.42 trillion yuan.
The listing prospectus also notes that STAR Market new listings have no price fluctuation limits for the first five trading days, while original shareholders’ shares are subject to lock-up periods ranging from 12 to 36 months. The aforementioned value increases are paper gains calculated based on secondary market closing prices.
3 minutes ago
OKX’s Flash Earn Lite launches SLX "Stake to Earn" program, allowing users to split 2,000,000 SLX in rewards.
According to official announcements, OKX’s Flash Earn Lite will launch SLX (Solstice) from 15:00 UTC+8 on July 31, 2026 to 15:00 UTC+8 on August 5, 2026. During the event, users can participate in the subscription by locking BTC, OKSOL, OKB, or SLX to share a total of 2,000,000 SLX in airdrop rewards. Additionally, users can join the subscription in advance starting today, with rewards being calculated from the official start of the event. Users can find and participate in the relevant activity via the "Flash Earn" entry at the top of the OKX App’s Explore page.
3 minutes ago
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