A crypto whale has taken a large long position in a basket of tech and semiconductor stocks, suffering unrealized losses of up to $7.67 million.

Binance founder CZ shared a graphic post, announcing that his book *Binance Life* has ranked first in the "Science & Humanities" category of the Hong Kong Commercial Press bestseller list for June 2026.

Swedish listed company Bitcoin Treasury Capital has been approved to list Sweden’s first bitcoin-backed preferred share product, BTC PREF, on Sweden’s Spotlight Stock Market starting July 20, offering a 10% annual dividend.

According to GMGN market data, meme coin ANSEM has seen a short-term decline of around 20%, with its market cap dipping to $150 million and currently trading at $163 million. Its 24-hour drop stands at 33%, while 24-hour trading volume is $33.4 million. BlockBeats Note: Meme coins are highly volatile, largely driven by market sentiment and concept hype, with no actual intrinsic value or practical use cases. Investors are advised to take note of the associated risks.

According to GMGN market data, the on-chain meme token TENDIES on the Robinhood chain has hit a market cap of $17 million, surging 422% in 24 hours with a trading volume of $6 million over the same period. TENDIES is derived from the internet meme "tendies" (referring to chicken nuggets or diced chicken), which originated from US retail investors and the Reddit community, symbolizing the grassroots sense of victory of "ordinary people making money and going home to celebrate with chicken nuggets". BlockBeats Note: Meme coin trading is highly volatile, mostly driven by market sentiment and concept hype, with no actual value or practical use cases. Investors are advised to be mindful of the associated risks.

TSMC today released better-than-expected quarterly results and raised its full-year revenue and capital expenditure outlook across the board. Chairman and CEO C.C. Wei stated at the meeting that he is "very envious" of the 86% gross margin posted by memory chip makers, and also emphasized that AI is a brand-new industry with strong demand that will persist through 2030. TSMC’s Q2 financial report shows net profit of NT$706.6 billion, exceeding the market expectation of NT$623.73 billion; its gross margin stood at 67.7%, also beating market forecasts. Wei reiterated at the meeting that seeing the 86% gross margin of memory firms, he is "truly envious", but stressed that as a partner of its memory chip customers, TSMC will not suddenly raise prices sharply and drive clients out of the market. "Our customers must succeed. One of my South Korean competitors has indeed made a lot of money, and frankly, I am envious," he said.

Renowned investor and Chairman of Oriental Harbour, Dan Bin, published an article commenting on the decline of the storage sector, noting that based purely on market sentiment, the current correction in the storage sector is approaching a near-term bottom. The continuous pullback of leading Chinese AI storage firms listed overseas has dragged down the A-share market, but the long-term demand logic for the AI industry remains unshaken. After the short-term emotional sell-off, stocks with strong performance certainty will gradually recover. Dan Bin added that he does not believe there is a systemic risk in AI-related companies at present, explaining that it is just a normal correction after excessive gains. The key is whether corporate profit growth can be sustained—and for how many years—this is the most critical factor. Additionally, companies that use no leverage and boast sustained profit growth can weather the current market stage. Dan Bin also stated that he has allocated all his personal funds to follow-invest in Oriental Harbour’s funds.