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Binance will list GIGADEVUSDT U.SDT-margined perpetual contracts.

41 minutes ago

According to an official announcement, Binance Futures will launch the GIGADEVUSDT U.S. dollar-margined perpetual contract at 13:30 (UTC+8) on August 3, 2026, with a maximum leverage of 20x. Note: The underlying asset is the H-share corresponding to GigaDevice Semiconductor Group Co., Ltd.

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A whale placed a $10 million long position on SK Hynix, with a bottom-fishing range of $991.22 to $1016.6.

On-chain analyst Ai Yi (@ai_9684xtpa) monitored that a whale deposited 1.448 million USDC as margin to Hyperliquid early this morning, then placed a total of $10 million in long buy orders for SKHX within the $991.22–$1016.6 price range. The whale will enter to "buy the dip" if SKHX falls further.

9 minutes ago

Goldman Sachs raises Samsung Electronics' target price to 490,000 won, expects memory demand to significantly outpace supply.

Goldman Sachs said in a research note that Samsung Electronics' second-quarter operating profit met expectations. The bank raised its earnings per share (EPS) forecasts for Samsung for 2026 to 2028 by around 2%, and lifted its 12-month target price for the stock from 480,000 won to 490,000 won. Goldman Sachs expects memory chip demand to significantly outpace supply, with the gap widening in 2027 and supply remaining tight in 2028. The bank noted that Samsung’s long-term agreements with major data center clients will provide better earnings visibility and downside protection. Additionally, Samsung aims to become a leader in the AI memory market; HBM4 is projected to account for over 60% of its HBM revenue in the second half of 2026, and the stock has significant upside potential for shareholder returns. The stock is currently trading at a 2027 forecast price-to-earnings (P/E) ratio of 3.1x and a price-to-book (P/B) ratio of 1.2x, with a shareholder return yield approaching 50%.

9 minutes ago

CXMT's long funding fee expected annualized return hits 2130%, with one whale netting $740,000 in a single day.

Hyperinsight data shows CXMT’s current hourly funding rate has fallen to -0.2430%. Static calculation at the current rate gives a simple annualized yield of roughly 2129%. For a $10,000 position, short sellers pay ~$24.3 hourly, while long positions earn an equal amount; if the rate holds for 24 hours, total funding fees would hit ~$583.3. The largest CXMT long address starting with 0x9a8 is the key beneficiary of this round of negative rates. Records indicate the address has completed 183 CXMT funding fee settlements since the morning of July 15, generating cumulative net income of ~$991,400, a 45.9% return on its position principal. The whale currently holds a 5x isolated long position of 1.6332 million CXMT, worth ~$12.742 million, with an average entry price of $6.6156. CXMT trades at $7.80, delivering ~$1.938 million in unrealized profit (89.7%) on the position, and has a liquidation price of just $0.507. Based on the current position and static -0.2430% rate, the whale will earn ~$31,000 in funding fees in the next hour; if the rate stays for 24 consecutive hours, that would be ~$743,000. As of press time, CXMT is at $7.8020, up ~5.13% in 24 hours, with a trading volume of ~$17.277 million and open interest of ~$76.9 million. Its oracle price is ~$8.1941, with the contract still trading at a 4.79% discount, as short position demand continues to drive up funding fee income for longs. The whale has placed 7 non-reduce-only buy orders between $6.01 and $6.41, planning to buy an additional 98,000 CXMT (notional value ~$609,000) and has not yet opted to close its existing long position.

9 minutes ago

Tech journalist Mark Gurman: iPhone prices may rise by $100 to $200

Renowned tech journalist Mark Gurman reported that the iPhone is expected to see a price increase of $100 to $200 (equivalent to roughly 675 yuan to 1,350 yuan). Gurman stated Apple will definitely raise prices this year, citing multiple factors. First, the company is facing shortages of memory chips and main device processors. Additionally, the new camera system featured in the iPhone 18 Pro and Pro Max carries higher costs, not to mention the more expensive design of Apple’s first foldable iPhone. Thus, the only question is how Apple will implement this round of price hikes. Gurman believes recent price increases for iPads and Macs have provided some context: multiple iPad and Mac models have seen their prices raised by $100 to $200. He projects the iPhone will see a similar price increase of $100 to $200. As for the foldable iPhone, consumers should prepare for a starting price of at least $2,000.

9 minutes ago

Amid multiple capital inflows, STONKBROKER keeps hitting new highs, emerging as Robinhood’s leading on-chain project.

Due to the overabundance of on-chain token launch platforms and the BSC ecosystem seizing a share of crypto-stock meme tokens, on-chain activity on Robinhood Chain has plummeted sharply recently. Against this backdrop, STONKBROKER, a project within the Robinhood ecosystem, has rolled out several major updates, including a launchpad dedicated to incubating ecosystem projects, and the launch of Broker Box—an FWA-like feature that packages stock tokens for card-draw mechanics. These updates have garnered attention from KOLs and the community, including Ansem, driving the project’s market cap to successive new highs. According to GMGN data, STONKBROKER’s market cap briefly exceeded $48 million this morning, and is now at $42.8 million, with a 24-hour increase of over 20%. This valuation makes it the second-largest project by market cap on Robinhood Chain, trailing only meme coin CASHCAT’s $43.32 million. Additionally, the floor price of STONKBROKER’s key asset, STONKBROKER NFT, is currently at 6.3 ETH, hitting a new high alongside its token price. BlockBeats reminds users that related projects carry significant uncertainty and high price volatility, advising investors to exercise caution.

9 minutes ago

Binance Futures to List GIGADEV (Zhao Yi Innovation)

According to an official announcement, Binance Futures will launch the GIGADEVUSDT perpetual contract at 05:30 UTC on August 3. GIGADEV refers to GigaDevice Semiconductor Inc., with its Hong Kong Stock Exchange ticker being 3986.

9 minutes ago