Trump orders his team to suspend talks with Iran, pending Tehran’s readiness to sign a deal.
According to Al Jazeera, citing a U.S. official, Trump has instructed his team not to negotiate with Iran until Iran is ready to sign an agreement. The official said that the U.S. and Iran had held positive discussions earlier, but Trump ultimately decided to pause the negotiations and wait for Iran to be prepared to sign the deal. Earlier, Trump had stated that no U.S.-Iran negotiations were scheduled.
1 seconds ago
Ripple completes $275 million private bond financing, secures an investment-grade rating to expand its U.S. operations.
Ripple has closed a private placement of senior unsecured notes upsized to $275 million. The notes are issued by its non-bank prime brokerage arm, Ripple Prime, with proceeds earmarked for working capital and expansion of Ripple’s U.S. business. The offering secured an investment-grade BBB rating from KBRA, and Ripple Prime plans to further expand its multi-asset clearing, financing, and prime brokerage services.
1 seconds ago
The U.S. stock market's storage sector extended its decline, with SanDisk and Seagate Technology both falling more than 9%.
According to market data from BIT (bit.com), the US stock storage sector failed to reverse its downward trend after a sharp pre-market drop, with losses widening further at the opening. Specifically: Micron Technology fell 7.62%, SK Hynix dropped 8.44%, SanDisk declined 9.18%, Western Digital fell 8.21%, and Seagate Technology dropped 9.08%.
1 seconds ago
Unitree is set to go public tomorrow, with its over-the-counter (OTC) price surging to 678.85 yuan, and potential returns from new share subscription could reach 263,900 yuan.
Unitree Technology will officially list and begin trading tomorrow (August 19). Currently, Unitree’s pre-IPO perpetual contract on Trade.xyz is priced at $100.71, equivalent to approximately 678.85 RMB, a roughly 3.5x increase from its IPO price of 150.8 RMB. At current over-the-counter (OTC) prices, a single winning lot subscribed at the IPO price would generate a theoretical unrealized profit of around 263,900 RMB.
This STAR Market IPO plans to issue 40.4464 million shares, accounting for 10% of the company’s total share capital post-issuance. One lot consists of 500 shares, with a single lot subscription payment totaling approximately 75,400 RMB.
In the latest new share subscription round, Shanghai Stock Exchange (SSE) accounts with an average daily market value of 60,000 RMB or more were eligible for 12 allocation numbers, enabling a maximum subscription of 6,000 shares. Qualified large investors and retail investors had identical IPO winning probabilities.
1 seconds ago
A highly leveraged 'gambler' holds 1,800 BTC in short positions facing liquidation, with 360 BTC already liquidated.
According to Lookonchain monitoring, as Bitcoin briefly broke through $65,000, part of the 1,800 BTC short positions (valued at approximately $117 million) held by the highly leveraged "gambler" address 0x8c96 was liquidated, with 360 BTC (worth around $23.36 million) already liquidated. The address currently still holds 1,440 BTC short positions (valued at roughly $93.3 million), and its new liquidation price stands at $65,041.72.
1 seconds ago
HPC and trade.xyz jointly sent a letter to the SEC, proposing the launch of "pre-IPO perpetual contracts"
According to an official announcement, the Hyperliquid Policy Center (HPC) and trade[XYZ] have submitted a joint comment letter to the U.S. Securities and Exchange Commission (SEC), proposing the introduction of "Pre-IPO Perpetual Contracts" (IPOP) to provide a public, continuous price discovery mechanism for companies preparing to go public. Per the introduction, IPOP allows traders to go long or short on a company’s stock price several weeks before its expected IPO, but grants holders no shares, allotments, voting rights, or other equity interests in the issuer. The product will cease operations after the company goes public. The two parties stated that trade[XYZ] had previously launched 5 full-lifecycle IPOP markets on Hyperliquid, with U.S. IPO offering prices ranging from 10.8% to 38.4% lower than the IPOP price on the day before the IPO, and these markets have accurately reflected the opening prices of the stocks after listing. They recommended that the SEC focus on studying issues including IPOP’s regulatory classification, disclosure requirements, listing eligibility, market integrity, and accessibility to U.S. investors.
1 seconds ago