July 15 brought a mix of crypto market moves, macro commentary and project-specific developments. SK Hynix rose 22% to $185.9 a share, setting a post-listing record, while Federal Reserve Chair Waller said investors should not treat the latest CPI report as a signal that the inflation fight is over.
CEX tokens with the most attention
The top 10 tokens by CEX trading volume and their 24-hour performance showed broad gains among major names.
- BNB: +2.80%
- BTC: +4.44%
- ETH: +6.75%
- SOL: +4.00%
- ZEC: +12.75%
- XEC: -14.91%
- ALLO: -21.28%
- XRP: +4.37%
- TRX: +0.46%
- WLD: +5.56%
In the 24-hour gainers table from OKX, KAITO led with a 19.75% increase. The rest of the top 10 were LIT, VELO, ZEC, WOO, EGLD, GRASS, INJ, VIRTUAL and PENDLE.
- KAITO: +19.75%
- LIT: +13.54%
- VELO: +12.34%
- ZEC: +12.69%
- WOO: +11.00%
- EGLD: +11.10%
- GRASS: +10.20%
- INJ: +8.91%
- VIRTUAL: +8.30%
- PENDLE: +7.75%
The 24-hour crypto-related stock gainers list, citing msx.com, included RAM.M, AXTI.M, COHU.M, CCXI.M, MSTX.M, CRWD.M, AAOI.M, TSEM.M, BMNR.M and LITX.M.
- RAM.M: +15.34%
- AXTI.M: +14.23%
- COHU.M: +13.96%
- CCXI.M: +13.6%
- MSTX.M: +13.27%
- CRWD.M: +12.6%
- AAOI.M: +12.59%
- TSEM.M: +12.48%
- BMNR.M: +12.25%
- LITX.M: +11.87%
Top meme tokens on-chain
GMGN’s top five meme names on-chain were SJM, BWO, WSB, SMELL and GRBG.
Top headlines
SK Hynix hits a record high
According to MSX.COM data, SK Hynix climbed 22% to $185.9 per share, the highest level since its listing. Its market capitalization reached $1.36 trillion.
Waller says the CPI report does not mean the mission is complete
Jin10 cited Waller as saying the latest data does not mean the job is done. He also said AI could disrupt employment in the short term, while creating new jobs as well.
U.S. June CPI rose 3.5% year over year, down from 4.2% in May, but still well above the Fed’s 2% target. The report said falling energy prices were the biggest drag on inflation. Some economists also warned that escalating military tensions between the U.S. and Iran could make the cooling trend in inflation temporary.
Waller says the Fed will review its inflation framework again
At a House hearing, Waller said inflation is a “choice,” and that the Federal Reserve remains committed to price stability with a 2% target. He said the Fed’s 2020 policy framework was a mistake and that the central bank will revisit the framework to better understand the causes of inflation and how to respond.
Industry developments
IBM posts its biggest one-day decline since 1987
MSX.COM data showed IBM shares falling 25% after the company released preliminary second-quarter sales that came in below expectations. The move marked IBM’s largest single-day drop since 1987. The company attributed the miss to customer spending shifting toward chips and servers.
Iran says the U.S. has entered a formal state of war
According to CCTV International News, Rezaei, a military adviser to Iran’s supreme leader, said there is no longer a memorandum of understanding between Iran and the United States and that the enemy has formally entered a state of war.
Project update
Noxa’s X account is suspected to have been compromised
Onchain Lens said Noxa Fi’s official X account may have been hacked. Some users who interacted with related content reportedly had assets stolen from their wallets. The project said it is investigating the matter and will provide further updates, while warning users not to connect wallets or sign transactions for now.
Funding
Brinc raises $125 million
Bloomberg reported that AI drone company Brinc, backed by OpenAI founder Sam Altman, raised $125 million. Motorola Solutions led the round, with participation from Index Ventures and Dylan Field. The company focuses on applying AI drone technology to public safety, including replacing some high-risk human response tasks.
Flex raises $70 million in a B1 round
Forbes reported that Flex, a cross-border commercial banking platform built around stablecoins, completed a $70 million B1 round led by Halo Fund. The money will be used to expand Flex Global, the company’s cross-border commercial banking platform designed to help mid-sized businesses manage global payments and treasury through stablecoin infrastructure.
The report also said annual stablecoin payment volume has reached about $390 billion, while business-to-business transactions have increased about 733% year over year.
Velocity raises $38 million in Series A
Fortune reported that stablecoin payments infrastructure company Velocity raised $38 million in a Series A round led by Dragonfly, with Coinbase, Capital One Ventures and Wintermute also participating.
Founded in 2025, the company provides stablecoin payment services for businesses and financial institutions. It currently operates in the United States, parts of Europe and Australia, and plans to expand into Africa and Latin America.
Nous Research raises at least $75 million
Techcrunch reported that Nous Research, the company behind the open-source AI agent Hermes, completed a new financing round of at least $75 million at a post-money valuation of $1.5 billion. Robot Ventures led the round, with Union Square Ventures and others joining.
Hermes has accumulated 214,000 stars on GitHub and nearly 40,000 forks. It supports local deployment and can autonomously perform tasks such as web search and code generation.
People and comments
Trump comments on Strait of Hormuz transit fees
Jin10 reported that Donald Trump said he does not like the idea of charging for use of the Strait of Hormuz and does not think ships should be charged for passage there. He said Gulf countries had called to say they would prefer to invest in the United States rather than pay transit fees, and he said that approach was better.