BlockBeatNews

BlockBeats news, July 9, according to CME's FedWatch data, the probability of the Fed keeping interest rates unchanged in July is now 65.3%, and the probability of a 25-basis-point rate hike is 34.7%.

BlockBeats news, July 9 - According to CCTV News, a source from Iran's security department said that if the US launches any attack on Iran, Iran will close the Strait of Hormuz and retaliate against enemy targets with at least twice the scale of the strike it receives.

US President Trump said on July 8 during the NATO summit in Turkey that he is very unhappy with Iran, and that the US military might "strike Iran hard again tonight," and may also reimpose a naval blockade on Iran.

BlockBeats news, July 9, according to official sources, Ondo announced that the cumulative trading volume of Ondo Perps public beta has exceeded $2 billion within 48 hours of its launch.

BlockBeats news, July 9, Strategy founder Michael Saylor posted that after a decade of concerns over insufficient block space and controversies surrounding non-monetary uses, Bitcoin still does not have a so-called 'junk transaction problem'. Currently, the Bitcoin network fee is about 1 sat/vB, and anyone can quickly transfer any amount of Bitcoin globally at a cost of about $0.3. The market freedom mechanism has been addressing the challenges faced by Bitcoin block space.

BlockBeats reported that BNP Paribas analysts are skeptical of a potential merger between Tesla and SpaceX, citing significant cash burn at both companies and regulatory risks complicating the deal. Although merger rumors have boosted investor sentiment, analysts maintain an "underperform" rating and a $280 price target, concerned that Tesla's performance on robotaxi and Optimus KPIs over the next two years will weigh on its core business until a merger materializes.

BlockBeats news, July 9, US President Trump said, we will see if we can continue to lower oil prices. We should keep oil prices low.

SemiAnalysis says U.S. consumer confidence continues to weaken, but the labor market has not significantly deteriorated; the voluntary quit rate is low, and concerns about future employment are rising. Job vacancies in the information services sector have dropped notably. The AI impact has not yet triggered mass unemployment, but it may suppress wages and consumption, shifting growth from consumption to investment. It is estimated that about 110k jobs will be added this month, the unemployment rate may fall, and the Federal Reserve will remain on hold.

BlockBeats News, July 8, according to Onchain Lens monitoring, a whale transferred approximately $5.85 million worth of HYPE and LIT assets concentrated into the same wallet, and the funds may have been accumulated through Galaxy Digital.
The transferred assets include 78,100 HYPE (worth approximately $5.25 million) and 263,700 LIT (worth approximately $601k).

Iranian Parliament National Security Committee Spokesperson Rezaei stated that in future confrontations, the enemy will face comprehensive and sudden strikes; Iran possesses options not utilized during the 40-day war, such as withdrawing from the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), revising its nuclear strategic doctrine, and blocking the Bab el-Mandeb Strait in addition to the Strait of Hormuz. The proposal to withdraw from the NPT is already pending in parliament, and if survival is threatened, it can also be put on the agenda.

BlockBeats News, July 8 – According to official sources, prediction market platform World has announced it will migrate from Solana to the Robinhood chain.


As previously reported, World officially launched on July 1.

BlockBeats news, July 8, market pricing shows that the European Central Bank is expected to raise interest rates twice by the end of the year, each time by 25 basis points.

According to The Wall Street Journal, a crypto project under the Trump family that acquired a payment company for $750 million a year ago is now suffering near-total losses across almost its entire portfolio, except for one company that is profitable. The firm has since been renamed AI Financial (AIFC) and is negotiating with Perpetuals to sell its core business, with a potential deal value of up to about $15 million. The terms have not yet been finalized, and there are many variables—so the deal could even fail.

BlockBeats reports that the EU is considering revising MiCA, with plans to expand the regulatory scope to cover new areas such as tokenized assets and non-EU stablecoin issuers. The Commission is seeking public input, with a deadline of September 30. MiCA is intended to unify rules for crypto assets across the EU; it took effect in December 2024, and the transition period has been extended to July 1 this year.

BlockBeats news, July 8, according to BIT (bit.com) market data, all three major U.S. stock indexes fell more than 1% intraday.

BlockBeats News, July 8, according to BIT (bit.com) market data, the US stock storage sector has fully turned into decline, among which: Seagate Technology (STX) fell 0.85%; Western Digital (WDC) fell 0.05%; SanDisk (SNDK) fell 1.08%; Micron Technology (MU) fell 2.55%.

BlockBeats news, July 8, according to BIT (bit.com) market data, the Nasdaq 100 index decline expanded to 1%, setting a new intraday low.

BlockBeats message. July 8, according to Yujin monitoring, after today’s U.S. stock market opened, a whale began opening a large number of long positions on SK Hynix.

It has now become the largest SKHX long on Hyperliquid and is still adding to its position. Currently, it holds an SKHX position worth $27.75 million, with an average long entry price of $1,410.8.

BlockBeats News, July 8 - According to Israel's Yedioth Ahronoth, an Israeli official said that Israel has raised its alert level to the highest to prevent a renewed outbreak of war with Iran.

BlockBeats news, July 8, according to the latest report from TASS, a senior Iranian source stated that due to threats from the US side, Iran has officially suspended negotiations with the US on a final solution.