Binance's latest Launchpool has received over 18.4 million BNB

According to monitoring by OnchainLens, a trader has opened short positions on HYPE and BTC: holding 145 Bitcoin short positions valued at $9.31 million with an entry price of $64,657, and 15,000 HYPE short positions worth $938,000 at an entry price of $64.2.

South Korean stock markets are closed today for Constitution Day. The Korea Exchange (KRX), including the KOSPI and KOSDAQ indices, is fully closed for the entire day.

SpaceX calls off major Starship test flight, aborting launch at the final moment before liftoff during its 13th test flight in Texas. Elon Musk said some engines failed to ignite, triggering an automatic launch termination procedure. Propellant is being unloaded currently, and SpaceX is expected to attempt another launch in the coming days. Per BIT (bit.com) market data, SpaceX (SPCX) closed down 3.1% at $131.11, marking its first closing below the IPO price. It dropped over 3% in after-hours trading. U.S. space-related stocks plunged across the board: Virgin Galactic (SPCE) fell 4.43%, AST SpaceMobile (ASTS) dropped 17.04%, Rocket Lab (RKLB) declined 11.6%, and Redwire (RDW) fell 9.73%.

According to market data from BIT (bit.com), TSMC’s strong Q2 results ahead of yesterday’s US stock market opening failed to lift the chip sector. Instead, its higher capital expenditure guidance prompted a market re-examination of AI investment return timelines, revealing an anomalous phenomenon in tech stocks: the stronger the fundamentals, the heavier the selling pressure. TSMC posted a 67.7% gross margin and raised its capital expenditure guidance to $60–64 billion. This should have been strong evidence for the AI capital expenditure narrative, but the market interpreted it as "spending bloat". Most US tech stocks closed lower this morning, with declines including: Tesla down 0.86%, Amazon down 1.99%, NVIDIA down 2.40%, Meta down 2.46%, and Alphabet Class A down 4.44%.

Crypto.com announced a $400 million strategic investment from global market maker Citadel Securities, with a post-money valuation of $20 billion. This marks the first institutional financing the company has secured since its founding a decade ago. Citadel Securities President Jim Esposito noted that the convergence of traditional financial markets and digital asset infrastructure is an exciting evolution that will boost market efficiency, adding that Crypto.com has laid the foundation to support the ongoing institutionalization of the digital asset market. Crypto.com Co-founder and CEO Kris Marszalek stated that crypto is increasingly becoming the backbone of financial infrastructure, with the opportunity at hand being enormous. After a decade of building compliance and technical infrastructure, the company is fully prepared to capture the growth wave across all asset classes. This financing round comes at a critical juncture as the crypto industry accelerates its institutional adoption. The funds are expected to drive Crypto.com’s expansion into all asset classes, including tokenized securities and derivatives, bridge the gap between digital assets and traditional markets, and build a more efficient 24/7 financial ecosystem. Citadel Securities is renowned for its tech-driven next-generation market-making capabilities, and this strategic partnership signifies a deep integration between core traditional financial infrastructure layers and crypto-native platforms.

According to market data from BIT (bit.com), the three major U.S. stock indexes closed lower across the board: the Dow Jones Industrial Average fell 0.2%, the Nasdaq dropped 1.47%, and the S&P 500 declined 0.51%. The Philadelphia Semiconductor Index fell 4.3% in a single day, with the broader semiconductor sector having tumbled 22% from its mid-June peak, officially entering a technical bear market. Semiconductor and storage-related stocks saw sharp declines: SK Hynix ADRs fell more than 13%, SanDisk dropped over 12%, Micron declined more than 5%, Western Digital slid over 9%, and Seagate Technology fell 10%.