The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

According to EmberCN's monitoring, a whale went long on Micron Technology worth $35 million yesterday, and closed the position six hours ago, locking in a profit of $1.71 million. The entry price was $918, and the exit price stood at $964.

According to market data from BIT (bit.com), U.S. space stock Rocket Lab (RKLB) closed up 5.14% and gained over 7% in after-hours trading. The company has secured a $266 million contract from the U.S. Air Force to launch 12 suborbital vehicles, with an optional additional 6 launches. The missions will be conducted in Alaska and are scheduled for completion by the end of 2028. Separately, SpaceX rose more than 3%, ending its 7-day consecutive losing streak, and added another 1.3% in after-hours trading. SpaceX will release its Q2 2026 earnings report and hold a live earnings webcast on August 4, with the market currently focused on Starship’s next test flight.

Contract whale "First Set 10 Big Goals" closed out its position for profit in the early hours, earning $6.019 million. The trader held an actual long position of 4,006.47 BTC, with the $258 million long position opened at $64,614.7 and closed at $66,160.47. "The uptrend remains intact; I’m locking in profits on this trade to secure gains and will take a two-day break," the trader said. Per on-chain analyst Ai Yi (@ai_9684xtpa), "First Set 10 Big Goals" has accumulated $9.96 million in profits from four long trades since June 25, with three wins and one loss, moving closer to its 10 big goals. Yesterday, the trader noted that in its previous round, it used 150 BTC to open positions targeting $150 million, hitting a maximum realized profit of $120 million. However, it misjudged the direction during a pullback from $120,000 at the last minute, wiping out all profits and ultimately preserving its principal plus a small gain. For this round, it used 300 BTC to open positions targeting $300 million, and has now realized $60 million in profits.

According to Bitget market data, South Korean exchanges have activated the algorithmic trading pause mechanism for the KOSPI index. The KOSPI index is currently up 5.85%, Samsung Electronics rose 5.6%, and SK Hynix gained 8.7%.

Movement Labs (MVMT), the original core development firm behind the Movement blockchain, filed for Chapter 11 bankruptcy protection with the U.S. Delaware Bankruptcy Court earlier this month. According to a July 15 court filing, the company reported assets of $100,000 to $500,000 and liabilities of up to $10 million, listing nearly 299 creditors. The largest unsecured claim comes from ousted co-founder Rushikesh Manche, whose claim exceeds $1.6 million. Manche retains a 34.25% equity stake; he previously won a lawsuit seeking legal fees related to a U.S. Department of Justice (DOJ) grand jury investigation into the MOVE token issuance scandal. MVMT was the core developer of the Ethereum Layer 2 network Movement Network, having raised $38 million in Series A funding led by Polychain. In December 2024, a crisis erupted around the MOVE token issuance due to sell-offs by market makers; following an internal investigation, Manche was fired, and core development work was transferred to Move Industries.

According to the New York Post, US President Donald Trump wants FIFA President Gianni Infantino to be the next UN Secretary-General. The 56-year-old Swiss-born football executive has forged a close bond with Trump through this year’s World Cup. He has spared no effort to win Trump’s favor, inviting him to take part in the ongoing US-Mexico-Canada 2026 World Cup. Last December, Infantino also presented Trump with FIFA’s inaugural “Peace Prize”. A source stated that Trump considers Infantino “highly respected worldwide” and acknowledges his “unique ability to unite people”. During the 2026 World Cup, Trump’s phone call to Infantino to intervene in a red card penalty involving the US team sparked controversy.