ME News report, July 21 (UTC+8): 1⃣ U.S. President Trump signed three proclamations imposing a 50% tariff on select Canadian goods, citing “discriminatory treatment” by Canada against U.S. automobiles, alcohol, and dairy products. 2⃣ Yemen’s Houthi militants announced a maritime blockade against Saudi Arabia starting Monday, introducing new shipping disruptions to the Red Sea, a key alternative export route for Gulf oil. 3⃣ Bitcoin traded at approximately $65,477 and Ethereum at approximately $1,912, rising about 1.9% and 2.6% respectively from 18 hours prior, with total liquidations across the network reaching around $249 million over the same 24-hour period. 4⃣ U.S. spot Bitcoin ETFs recorded a net inflow of 1,985 BTC, while spot Ethereum ETFs saw a net inflow of 9,765 ETH, as institutional capital continues to recover from prior large outflows. 5⃣ NVIDIA disclosed ownership of 22.3 million shares of Nebius Group (NBIS), representing a 9.3% stake, with approximately 21.1 million shares originating from warrants exercisable after September 11. 6⃣ Metaplanet’s subsidiary, Bitcoin Japan, signed a convertible bond financing agreement with EVO Fund to raise 9.66 billion JPY for building a Bitcoin reserve, with the first purchase exceeding 662 million JPY. 7⃣ Bitmine disclosed holding 5.777 million ETH, accounting for approximately 4.8% of Ethereum’s total supply, of which 4.917 million ETH have been staked via the MAVAN network, with total assets valued at approximately $11.5 billion. 8⃣ Hut 8 signed a 15-year lease agreement worth $9.8 billion for a Texas AI data center, while IREN secured a $2.8 billion cloud services contract simultaneously, driving share prices of multiple Bitcoin mining companies up by at least 11%. 9⃣ Zhipu completed a 1-gigawatt AI data center deploying exclusively Chinese-made chips and initiated partial operations, marking the entry of domestic computing power substitution into the ultra-large-scale cluster phase. (Source: Followin Flash News)
Global Crypto and Market Updates: Bitcoin ETFs Experience Net Inflows as Institutional Buying Resumes
KuCoinFlashShare
Summary
The Fear and Greed Index rose slightly as Bitcoin and Ethereum increased by 1.9% and 2.6%, respectively. ETF inflows reached 1,985 BTC and 9,765 ETH, indicating renewed institutional demand. Meanwhile, $249 million in liquidations occurred amid rising geopolitical tensions, as the U.S. imposed 50% tariffs on certain Canadian goods and Houthi rebels blocked Red Sea shipping to Saudi Arabia.
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