A whale with cumulative profits of $38.75 million goes long on ZEC and LIT after months of inactivity.

According to an official announcement, Binance’s derivatives platform will launch USDT perpetual contracts for GE Vernova (GEV) at 16:30 (GMT+8) on July 10, 2026, followed by Vertiv Holdings (VRT) at 16:35, Snowflake (SNOW) at 16:40, and Applovin (APP) at 16:45. All four contracts will support a maximum leverage of 25x.

According to an official announcement, Binance Alpha will launch its Alpha token airdrop at 17:00 (UTC+8) today. Users holding at least 245 Alpha points are eligible to claim the airdrop tokens on a first-come, first-served basis, until the airdrop pool is exhausted or the event concludes.

According to Bitget market data, Japanese and South Korean stock markets closed on July 10 (Friday). The Nikkei 225 index closed up 813.88 points, or 1.20%, at 68,557.73 points. South Korea’s KOSPI index rose 184.03 points, a 2.52% gain, to 7,475.94 points. SK Hynix closed slightly lower in late trading, while Samsung Electronics advanced 2.5%.

SK Hynix’s U.S. listing is driving a new wave of leveraged products to Wall Street. Issuers including ProShares, Leverage Shares, and Rex Shares are preparing to launch double-long SK Hynix ADR products, with some also developing inverse offerings. According to information on the issuers’ websites, at least six products will launch next week. Leveraged ETFs tied to SK Hynix are extremely popular in South Korea. SK Hynix, Samsung Electronics, and their linked leveraged products together account for over 70% of South Korea’s stock market trading volume, amplifying volatility in the KOSPI index. John Cho, equity fund manager at JPMorgan Asset Management Korea, said: “Some elements of retail investor activity appear to be increasingly momentum-driven, and the growth of single-stock ETFs has boosted large-cap stock trading volume and volatility. The emergence of leveraged ETFs is not a healthy sign and may signal late-cycle retail behavior.” Analysts note that the concentration of single-stock leveraged products has begun to impact the stocks they are designed to track. The new batch of U.S.-listed leveraged ETPs means expanded daily rebalancing flows, which could exacerbate already elevated volatility.

AI reshapes the memory market landscape, transforming Lenovo from a victim of cyclical pressures into a beneficiary of pricing power, as Morgan Stanley significantly upgrades Lenovo Group’s rating and target price. Morgan Stanley’s Howard Kao-led team raised Lenovo’s rating from Neutral to Overweight, sharply lifting its target price from HK$14.20 to HK$30.00, representing around 34% upside from its HK$22.32 closing price on July 8. The report notes that AI-driven demand has fundamentally altered the supply-demand dynamics of the memory market, enabling Lenovo to pass on higher component costs to customers while preserving its profit margins. The bank forecasts this trend will persist at least through the second half of 2026.

Cardano founder Charles Hoskinson has denied rumors of his departure, calling them "fake, a complete lie, and totally fabricated." The rumors have spread widely—one London taxi driver even told visiting Cardano supporters that he had heard the founder was about to retire.