Binance said it will adjust the contract multiplier for the KORUUSDT U-margined perpetual contract on July 15, 2026, starting at 08:15 Beijing time. The exchange set the adjustment factor at 20 and expects the process to finish by 21:30 the same day. During the adjustment window, trading, position opening and closing, funding rate operations, and mark price calculations for the contract will be suspended. After the change is completed, the contract will enter cancel-only mode for up to five minutes before normal trading resumes. The update was disclosed in an official announcement cited by Odaily.

Bitcoin is facing resistance near $64,000, and the bigger question for markets this week may extend well beyond the usual focus on U.S. inflation data, according to a Bitunix analyst cited by BlockBeats. The analyst said traders are watching whether BTC can reclaim $63,000 in the short term; if buying fails to regain control, the price could revisit the $60,000 level. The week’s calendar includes U.S. June CPI, PPI and retail sales, Federal Reserve Chair Kevin Warsh’s first semiannual monetary policy testimony before Congress, and earnings from major companies including JPMorgan, Goldman Sachs, TSMC, ASML and Netflix. In the analyst’s view, the key issue is whether these events together confirm that the current environment of high capital costs remains in place. The note also pointed to worsening tensions in the Middle East, persistent pressure on refined fuel supply, large-scale debt issuance tied to AI infrastructure by companies such as NVIDIA, Amazon and SpaceX, and a planned increase in alternative asset allocation by Japan’s Government Pension Investment Fund. Taken together, those factors are shaping liquidity conditions for global risk assets and may influence whether Bitcoin can move back above $64,000 or stay range-bound.

South Korean stocks extended their decline over the past week and triggered another trading curb, with Samsung and SK Hynix leading the drop, according to ChainCatcher. The report said the continued weakness in equities appears to be pushing local retail money back toward crypto. Citing CoinGecko data, ChainCatcher said Upbit, the country’s largest centralized exchange, posted $4.12 billion in trading volume over the past 24 hours, up 436%. On the platform, the top five tokens by trading volume were Bitcoin, XRP, ETH, T and BLAST. The move highlights a sharp pickup in crypto activity in South Korea as stock-market losses persist. No additional details were provided on the stock-market halt beyond the report’s statement that the market fell into another circuit breaker event.

South Korean equities extended their week-long decline on July 13, with Samsung and SK Hynix leading another market drop that triggered circuit breakers, according to BlockBeats. The report said the continued weakness in local stocks appears to be pushing retail money back into crypto. Citing CoinGecko data, BlockBeats said Upbit, the largest centralized exchange in South Korea, recorded $4.12 billion in trading volume over the past 24 hours, up 436%. On the exchange, the top five tokens by trading volume were Bitcoin, XRP, ETH, T and BLAST. The figures point to a sharp pickup in activity on Upbit as domestic stock losses continued. The report did not provide a longer time frame for the volume comparison beyond the stated 24-hour increase, and it did not disclose a breakdown of net inflows. Still, the move in trading activity coincided with renewed pressure in South Korea's stock market and a visible rotation by local retail participants back toward crypto trading.

Reality, a regulated real-world asset issuance platform backed by Bitget, said assets under management in its rToken product line have exceeded $50 million, according to ABMedia. The company said the figure marks an early milestone as demand for tokenized financial assets keeps rising. Reality launched officially in May 2026 and is designed to connect traditional financial markets with blockchain infrastructure. It said the platform is supported by licensed market participants, regulated broker relationships and independent custody arrangements, giving investors on-chain access to regulated real-world assets. Bitget CEO Gracy Chen said each milestone in tokenization helps answer whether investors are ready to accept on-chain financial assets. She added that she had previously estimated that 10% of global financial assets could be tokenized by 2030, and said rToken reaching $50 million in AUM in less than a month suggests that timeline may arrive sooner than many expect. Reality also said rToken directly bridges into U.S. equity liquidity pools, supports institutional-grade execution, and uses a 1:1 deterministic engine to map corporate actions such as cash dividends and stock splits. The product has already been integrated into the Bitget ecosystem and can be used as collateral for crypto perpetual futures trading, with grid trading and lending planned next.

ChangXin Memory Technologies’ prospectus shows the chipmaker completed two employee share ownership plans before its initial public offering, with a combined 6,760 grants covering management staff, business backbones, core technical personnel, and key frontline production workers. The first round began in September 2021 at RMB 1.05 per unit of registered capital and granted shares to 3,596 employees. The second started in June 2023, when the company was facing heavy losses tied to large-scale capacity expansion and severe erosion of net assets, lowering the per-share cost to RMB 0.108. Before the IPO, the two rounds had covered 35% of the company’s 19,298 employees. The prospectus also says the shares will be distributed gradually over 10 years after a 36-month post-listing lockup, in either stock or cash proceeds, with returns tied to the company’s long-term value. CXMT disclosed its STAR Market listing intention on July 9. It plans to issue 6.688 billion shares, or about 10% of total share capital after the offering, and raise RMB 29.5 billion.

Blockstream co-founder Adam Back’s bitcoin treasury venture BSTR Holdings and special purpose acquisition company Cantor Equity Partners I said on July 8 they will not complete their merger under the agreement signed in July 2025. A PIPE financing tied to the deal is also no longer required to close, and a shareholder meeting scheduled for July 10 has been postponed indefinitely. Under the original structure, the transaction was supposed to bring 30,021 BTC to the public market, alongside as much as $1.5 billion in fiat PIPE financing, 5,021 BTC in in-kind PIPE commitments, up to roughly $200 million in cash from CEPO depending on redemptions, and 25,000 BTC from founding shareholders. The report argues the main stress point is not bitcoin itself, but the funding model used by listed bitcoin treasury companies. That model depends on a stock market premium over net asset value, often discussed through mNAV, which allows companies to issue shares above the value of their holdings and buy more BTC. With bitcoin around $64,000 and well below the peak cited in the report, that premium has weakened across the sector. The next SEC filing, if the parties reach revised terms, is expected to show how much of the 30,021 BTC target remains, how much investor backing survives, and what price investors now require.

Australian crypto exchange Swyftx said in its latest second-quarter industry report that AI-driven freelance work could become a major payment rail for stablecoins over the next decade. The firm projects the global freelance market will reach $2.1 trillion by 2033, with AI-native workers accounting for $775 billion of that total. About 33% of that segment, or roughly $262 billion, could be settled in stablecoins. The report ties that estimate to the economics of cross-border payments. Swyftx said freelancers using Ethereum Layer 2 networks for stablecoin transfers could cut transaction costs by 80% to 90%, with average annual transfer costs falling by about 86%. In one example, a remote worker earning $3,000 a month could see yearly payment costs drop from $200-$300 through traditional remittance channels to less than $20-$50 with stablecoins. Chief market analyst Pav Hundal said microbusinesses with fewer than five staff are now the fastest adopters of AI, while early enterprise adoption has also created a new class of independent operators. Swyftx also estimated that the institutional infrastructure supporting this payment flow, including OTC liquidity, custody and yield services, could generate $1.3 billion in new revenue by 2033.