A crypto whale has accumulated another 20,000 HYPE tokens, bringing its total HYPE holdings to 220,000 since June 11.

The Big Short protagonist Michael Burry said today that with the appeal of South Korean and Japanese markets and the SOXX semiconductor sector waning, now is an ideal time to turn to the Hong Kong market to seek undervalued stocks. He believes some low-valued Hong Kong stocks are poised to perform well once capital flows shift away from South Korea, Japan and the semiconductor sector.

U.S. stock index futures fell, with selling pressure on semiconductor stocks intensifying, prompting investors to seek investment opportunities in other market segments. Nasdaq 100 futures dropped more than 2%, while S&P 500 futures fell over 1%. Nvidia (NVDA.O) led losses among the "Magnificent Seven" in pre-market trading, and the Philadelphia Semiconductor Index is nearing a bear market and set to extend Thursday’s declines. However, even though the S&P 500 closed 0.5% lower on Thursday, 369 of its constituent stocks advanced and 132 declined, indicating the market’s overall breadth remains healthy. Barclays strategist Venu Krishna stated, "Enthusiasm for AI capital expenditure is starting to cool, but the semiconductor sector still significantly outperforms the broader market in stock price performance, while software stocks continue to lag. This shows recent market rotation is gradual rather than decisive." (Jinshi)

Official announcement: The OKX.AI Genesis Hackathon has seen rising developer enthusiasm since its launch. To give builders more time to refine and deploy Agent Service Providers (ASP), the submission deadline has been extended to July 28 at 7:59 (UTC+8). Participants can continue to submit their works via the OKX.AI official website and post project introductions on X. OKX.AI is an economic system built specifically for Agents. The Genesis Hackathon features a total prize pool of $100,000, aiming to encourage developers to build ASP that solve real-world needs and drive the implementation of the Agent economy.

According to an official announcement, Binance will launch the SPCXUSD1 perpetual contract at 17:00 (GMT+8) on July 20, 2026, with a maximum leverage of 25x.

According to market data from BIT (bit.com), Nasdaq 100 index futures extended their decline to 2%, and S&P 500 index futures fell 1%. (Jinshi Data)

According to market data from BIT (bit.com), SpaceX has extended its downward trend, dropping an additional 4.6% in pre-market trading to a current price of $125, below its $135 IPO price. On the news front, the company's Starship rocket was halted ahead of its launch.