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Elliott Alexander, a member of the Ethereum Foundation, has joined BitPay after being laid off.

1 hours ago

Former member of the Ethereum Foundation’s Developer Growth Team, Elliott Alexander, announced in a post that he was recently laid off by the Ethereum Foundation and has now joined crypto payment firm BitPay.

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In US pre-market trading, the semiconductor, storage, and optical communication sectors posted modest gains, with AAOI rising more than 5%.

According to market data from BIT (bit.com), the semiconductor, storage, and optical communication sectors all posted slight gains in pre-market trading for US stocks on Monday. Semiconductor stocks rose broadly: Lam Research (LRCX) gained 2.14%, Intel (INTC) climbed 2.06%, Applied Materials (AMAT) advanced 2.26%, and Arm (ARM) rose 1.63%. The storage sector also moved higher, with SK Hynix (SKHY) up 0.51%, Micron Technology (MU) rising 1.35%, Western Digital (WDC) gaining 1.53%, SanDisk (SNDK) climbing 2.12%, and Seagate Technology (STX) up 0.82%. Optical communication concept stocks led the rally: Astera Labs (ALAB) up 1.89%, Applied Optoelectronics (AAOI) surging 5.23%, Coherent (COHR) advancing 4.23%, Credo (CRDO) rising 2.42%, and Lumentum (LITE) gaining 3.56%.

2 minutes ago

Spokesperson for Iran's Ministry of Foreign Affairs: Reopening the Strait of Hormuz requires the United States to lift its blockade and provide compensation.

A spokesperson for Iran’s Foreign Ministry has stated that reopening the Strait of Hormuz requires the U.S. to lift sanctions and provide compensation. The Strait of Hormuz agreement reached with Oman includes provisions for collecting maritime service fees.

2 minutes ago

Iranian Foreign Ministry Spokesperson: No negotiations are currently underway with Washington; instead, information is being exchanged with the U.S. side via intermediaries.

A spokesperson for Iran's Ministry of Foreign Affairs said, "We are not currently holding negotiations with Washington; instead, we are exchanging information with the U.S. through intermediaries."

2 minutes ago

Yen depreciation benefits materialize, spurring a wave of upward earnings revisions by Japanese companies.

According to Japanese media reports, the weakening yen is delivering significant commercial benefits to Japanese multinational corporations, with many firms lifting their earnings forecasts in the latest earnings season. Despite recent intervention measures by the Japanese government, the market expects the yen will remain under pressure. As a result, companies with a large share of overseas operations—including Toyota Motor, Honda Motor, Sony, and Ryohin Keikaku Co., Ltd., the parent of Muji—have all raised their performance outlooks. Okasan Securities’ report shows that among roughly 1,600 TOPIX constituent companies, 159 have lifted their fiscal year earnings forecasts since July 1, while only 12 have cut theirs. The overall proportion of firms adjusting their performance forecasts stands at 86%, the highest level since fiscal 2016.

2 minutes ago

A dormant Bitcoin address inactive for over 12 years has transferred out all 26.95 BTC, posting an unrealized profit of $1.73 million.

According to on-chain data, a Bitcoin whale dormant for over 12 years has reactivated. The whale accumulated 26.95 BTC when Bitcoin’s price stood at just $823.1. At 15:03:02 Beijing time today, the wallet address transferred out all 26.95 BTC, posting an unrealized profit of $1.73 million.

2 minutes ago

H100 Group announced it increased its holdings by 2,455.4 BTC at an average price of $62,900.

According to official announcements, H100 Group, a Swedish publicly listed Bitcoin reserve company, announced it has acquired 2,455.4 Bitcoin at an average price of $62,900, lifting its total Bitcoin holdings to 3,506 coins.

2 minutes ago