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07-24

Baird doubles AMD price target to $1,250, maintains 'Outperform' rating

Huo Xing Cai Jing reports that on July 24, Baird maintained its "Outperform" rating on AMD and raised its price target from $625 to $1,250, representing a 100% increase. This adjustment primarily reflects strong growth expectations for AMD’s AI GPU and AI CPU platforms. In its forecasting model, Bai

Zhiyuan Robotics Confirms Hong Kong IPO Plans After Previous Denials

ChainThink reports that on July 24, Agi Innovation announced it has initiated the process for a Hong Kong listing. This general-purpose AI robotics company, founded three years ago, previously denied rumors of a Hong Kong listing twice last year; this marks its first official confirmation of advanci

Robinhood Chain Leads the Ethereum Ecosystem with $361,000 in 24-Hour On-Chain Revenue

ChainThink reports that, according to Growthepie data, as of July 24, Robinhood Chain generated $361,000 in on-chain revenue over the past 24 hours, ranking first among all chains in the Ethereum ecosystem.Its revenue increased by 44% month-over-month.The top five Ethereum ecosystem chain revenues d

Zhiyuan Robotics Confirms H-Share IPO Plans After Previous Denials

ME News reports that on July 24 (UTC+8), according to monitoring by Beating, Agi Innovation has announced it has initiated the process for a Hong Kong listing. This general-purpose AI robotics company, founded three years ago, previously denied rumors of a Hong Kong listing twice last year, and is n

BTC Breaks $67,000, Could Trigger $1.099B in Short Liquidations on Major CEXs

BlockBeats news, on July 24, according to Coinglass data, if Bitcoin breaks above $67,000, the cumulative liquidation strength of long positions on major CEXs will reach $1.099 billion.Conversely, if Bitcoin falls below $63,000, the cumulative long liquidation pressure on major CEXs will reach $1.34

SK Hynix Chairman Ordered to Pay $640M in High-Profile Divorce Case

A South Korean appellate court has ruled that SK Group Chairman Chey Tae-won must pay his former wife, Roh Soh-yeong, approximately 944 billion won, roughly $640 million, as part of their divorce settlement. The ruling, handed down on July 24, brings a degree of closure to a legal saga that has capt

Movement Labs Files for Bankruptcy Amid MOVE Token Scandal

Key InsightsMovement Labs filed for bankruptcy in Delaware, with its co-founder being the leading creditor.The project has been under significant scrutiny over the past year after a scandal over its MOVE token.However, the splinter firm Move Industries has said it is not affected by the filing.MVMT

India Orders Takedown of Jack Dorsey's Bitchat App

India just told GitHub to pull the plug on Bitchat, Jack Dorsey’s decentralized messaging app built on Bitcoin-inspired principles. The Indian Cyber Crime Coordination Centre, known as I4C and housed under the Ministry of Home Affairs, issued the takedown order on July 23, giving GitHub a three-hour

Corporate Bitcoin Holdings Face Debt Maturity Risks, Could Trigger Market Sales

The convertible notes, preferred shares, and credit facilities that financed a large share of corporate Bitcoin holdings carry maturities, redemption windows, and dividend dates that determine when a company might need to sell.Matthew Sigel, VanEck's head of digital assets research, shared a list of

US tech giants' free cash flow crisis boosts memory chip stocks

Following the release of their latest earnings reports, the U.S. stock market began to show significant divergence last night.On one side, tech blue-chips represented by the "Magnificent Seven" of U.S. stocks suffered a collective collapse. Tesla plunged more than 14%, Google fell over 7%, Amazon dr

EU Preliminary Findings: TikTok Violated Minors' Privacy Rules Under DSA

The European Union issued preliminary findings on July 24 that TikTok has violated rules designed to protect the privacy of minors, a determination that could trigger yet another substantial financial penalty against the ByteDance-owned platform. The case falls under the Digital Services Act, the EU

SpaceX Stock Falls Amid Launch Delays and Short-Selling Pressure

SpaceX Shares RetreatSpaceX shares moved lower in pre-market trading on Friday as investors reacted to heightened short-selling activity, delays to the company’s latest Starship mission and new developments surrounding its major shareholders. Space Exploration Technologies Corp. stock closed Thursda

BTC Breaks $62,034, Triggering $1.555B in Long Liquidations on Major CEXs

According to ChainCatcher, data from Coinglass shows that if BTC falls below $62,034, the total liquidation value of long positions on major CEXs will reach $1.555 billion. Conversely, if BTC breaks above $68,175, the total liquidation value of short positions on major CEXs will reach $1.327 billion

DEXE Drops 25.14% in 24H Despite High Trading Volume

The popularity ranking shows HYPE at the top, with DEXE experiencing the largest decline. The popularity ranking is as follows: ① HYPE ($58.55, -1.16%) ② BANK ($0.2883, 16.58%) ③ DEXE ($2.62, -25.14%) ④ ETH ($1882.62, -2.42%) ⑤ ZAMA ($0.05431, 6.89%) DEXE shows weak selling pressure fro

Strategy's Bitcoin Holdings Report $8.8 Billion Unrealized Loss

ChainThink reports that, as of July 24, market data shows Bitcoin trading at $65,010, with Strategy's Bitcoin holdings currently showing an unrealized loss of 13.9%, equivalent to approximately $8.8 billion.As of July 20, Strategy holds 843,775 bitcoins with a total cost of $63.7 billion, at an aver

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