DeepSeek has just concluded its first round of financing and is already in talks for a new round at a $71 billion valuation.

According to BIT (bit.com) market data, IBM’s US stock dropped over 12% in pre-market trading. The company’s preliminary second-quarter revenue reached $17.2 billion, against market expectations of $17.86 billion.

According to official announcements, Binance Alpha’s mystery box airdrop is now live. The airdrop pool includes tokens from two projects: Orochi Network (ON) and Metaplex (MPLX). Users holding at least 251 Binance Alpha points can claim one token airdrop on the Alpha event page. After claiming, users will be assigned to different reward tiers and receive one of the following rewards: 315, 395, or 1125 ON tokens; 1038, 1298, or 3705 MPLX tokens. Rewards are distributed on a first-come, first-served basis. If rewards are not fully distributed, the point threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop consumes 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours; otherwise, the airdrop will be deemed forfeited.

According to Hyperinsight’s monitoring, the whale address starting with 0x3e7 currently holds a full-leverage long position of 2,527.7 XYZ100 (Nasdaq 100 index) on Hyperliquid with 20x leverage. The notional size of this position is approximately $74.298 million, accounting for 21.6% of the platform’s total XYZ100 open interest, making it the largest XYZ100 long holder. This address currently only holds this single open position, with margin usage of around $3.715 million, account equity of roughly $2.386 million, and has not placed any take-profit or position-reduction orders. As of press time, XYZ100 trades at $29,393, with a 24-hour trading volume of about $371 million. The whale’s entry price is $29,593.7, carrying an unrealized loss of approximately $508,000 (-13.6%) and a liquidation price of $25,319.9. In related news, the U.S. June CPI will be released at 20:30 Beijing time tonight. The whale previously entered positions in batches starting on the afternoon of July 9, completed its last open position adjustment on the evening of July 10, and has not adjusted its holdings since. -HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain news.

According to HTX market data, Ethereum has rebounded briefly to break through the $1,800 mark, currently trading at $1,798, with a 1.03% increase in the past 24 hours.

Official sources confirm that OKX Flash Earn will launch SENT (Sentient) from 15:00 UTC+8 on July 17, 2026 to 15:00 UTC+8 on July 27, 2026. During the event, users who lock BTC, OKSOL, OKB, or SENT to participate in the subscription will be eligible to split the 32 million SENT airdrop rewards. Additionally, users can join the subscription early starting immediately, with rewards calculated from the official start of the event. To participate, users can access the relevant activities via the "Flash Earn" entry at the top of the OKX App’s Explore page.

Bitcoin stabilized after falling from $64,400 to $61,800 yesterday, currently trading at around $62,600. Coinglass data shows the total liquidation amount across the network over the past 24 hours is approximately $283 million, with long positions accounting for 74%. Binance’s liquidation heatmap indicates $61,300 is a key lower liquidation level. Market analysis believes the sharp slump in South Korea’s stock market is driving some capital to flow back into the crypto market. The KOSPI index has dropped by about 10% cumulatively since last Friday. Wu Blockchain data shows that impacted by this, the trading volume of South Korean exchange Upbit surged by 1426%, reflecting that some investors are shifting from the stock market to crypto assets. Additionally, altcoins showed mixed performance: LIT and ENA both rose by around 5.7%, NEAR increased by 3.3%, FET gained 1.7%; JUP and WLFI fell by 1.5% and 0.5% respectively. CoinMarketCap’s "Altcoin Season Index" has now risen to 54, ending its long-term state below 50.