WEEX TradFi data showed that the three major U.S. stock indexes ended last Friday with modest gains, while oil stayed firm and precious metals were broadly weaker. For the week ahead, the market is watching several catalysts at once: the U.S. June Consumer Price Index, earnings from major banks, developments in the U.S.-Iran situation, and fresh signals tied to the Federal Reserve. According to the update, Tuesday’s June CPI release will be a central event, with core inflation data seen as a factor that could sway expectations for Fed rate cuts. At the same time, large banks including JPMorgan are set to report earnings. On Thursday, Taiwan Semiconductor Manufacturing Co. is due to release its latest results, and its guidance on AI computing demand may keep shaping sentiment in semiconductor stocks. WEEX Labs said CPI data and corporate earnings together may affect how markets price inflation stickiness and AI capital spending. It added that capital may continue rotating around rate-sensitive assets and AI infrastructure segments, while urging investors to track macro data and event outcomes closely and approach the market rationally.

Tushar Jain, managing partner at Multicoin Capital, said the crypto market has already bottomed and is now at a turning point. He said market sentiment has truly hit a low, while major hacking incidents in recent weeks failed to trigger broad selling. At the same time, application adoption continues to rise, leaving prices disconnected from fundamentals. Jain said he remains bullish on Solana over the long term, arguing that SOL has the right architecture for spot trading and tokenized securities. He also pointed to Hyperliquid’s leading position in the derivatives segment and said Multicoin currently holds large positions in both assets. On ZEC, Jain said Multicoin has accumulated a meaningful share of the token’s supply. He described ZEC as a return to the industry’s “cypherpunk” values and said it could reach the top five by market capitalization. He added that his portfolio strategy uses a three-part approach: buy one-third immediately, dollar-cost average the second third, and keep the final third in reserve for sharp market drops. Jain also said the firm significantly increased its position during the Zcash code vulnerability incident after confirming that no hackers had exploited it.

The stablecoin market has shed about $10 billion in circulating value since its May 2026 peak, with June alone marking a $7.7 billion drop, the steepest monthly decline since the Terra-Luna collapse in May 2022. Data cited from CoinDesk Data and RWA.xyz shows the retreat has hit the two largest issuers, with Tether’s USDT falling from $190 billion to about $184 billion and Circle’s USDC sliding from nearly $80 billion in March to roughly $73 billion. The pullback comes as crypto markets remain near 2026 lows and on-chain liquidity tightens. Still, analysts quoted by Blockcast say the move looks modest compared with the 2022 crypto winter, when leading stablecoins fell more than 26% from peak levels and several major firms, including FTX, Celsius, BlockFi and Genesis, collapsed. Wincent senior director Paul Howard said recent weakness does not alter the long-term growth case for stablecoins. Blockcast also noted that competition is broadening. New entrants such as Global Dollar (USDG), USDGO and Open USD are gaining traction as stablecoin use expands beyond crypto trading into payments, while the U.S. GENIUS Act is seen as making the regulatory path clearer.

South Korea’s benchmark KOSPI briefly dropped below the 7,000 level during trading, triggering the market’s seventh circuit breaker of the year, according to a report cited by Odaily. The move marked the first time in nearly two months that the index fell below 7,000 in intraday trading, with the last such breach dating back to May 4. The report said renewed geopolitical tensions between the U.S. and Iran drove heavy selling by foreign and institutional investors. Foreign investors were net sellers of 2.23 trillion won, while institutions sold about 570 billion won. Retail investors moved the other way, posting net purchases of nearly 2.7 trillion won. Within the institutional category, the National Pension Service recorded net buying of about 220 billion won. Volatility in the South Korean stock market has been intense in recent sessions. In morning trading, sell-side pressure triggered the 18th suspension of program trading, known locally as a sidecar, this year. A circuit breaker was then activated in the afternoon. So far this year, the market has seen 17 buy-side sidecar triggers and 18 sell-side triggers, for a total of 35.

BSTR Holdings, the bitcoin treasury company led by Blockstream co-founder Adam Back, and special purpose acquisition company Cantor Equity Partners I said they will not complete their merger under the original agreement signed in July 2025. A related private investment in public equity, or PIPE, is also no longer required to close. The companies disclosed the change in a July 8 filing with the U.S. Securities and Exchange Commission, saying they are discussing revised transaction terms that better reflect current market conditions. Under the original structure, BSTR had planned to list with 30,021 BTC on its balance sheet, as well as up to $1.5 billion in fiat PIPE financing, a 5,021 BTC in-kind PIPE, 25,000 BTC from founding shareholders, and as much as roughly $200 million in cash from Cantor Equity Partners I, depending on redemptions. The July 10 shareholder meeting has been postponed indefinitely, and public shares submitted for redemption will be returned. The case has drawn attention because it tests whether the bitcoin treasury company model still works when equity premiums shrink. The next SEC filing is now the key document for investors, as it should show how much of the original bitcoin scale and financing commitments can still be preserved under any revised deal.

Gate said it will open subscriptions for the second project in its Pre-IPOs lineup, OpenAI (OPENAI), from 15:00 on July 15, 2026 to 15:00 on July 17, 2026 (UTC+8). The offering supports both USDT and GUSD. According to the announcement, the total subscription value is about $20 million, with 27,700 OPENAI asset certificates issued at $722 each. The minimum entry amount is 100 USDT or 100 GUSD, and the platform said there will be no embedded fees or custody charges. Gate described the OPENAI asset certificate as a pre-IPO mirrored note designed to track the company’s value before and after a listing. The exchange said it will hedge exposure by acquiring related shares and plans to provide pre-market trading, long-term holding options, and future conversion paths into stock assets, stock tokens, or USDT. Allocation will be based on the “hourly average locked amount,” with earlier participation and longer lock-up receiving higher weight. The certificates are scheduled to unlock in three batches on July 17, August 17, and September 17, while pre-market trading will open on July 20. Gate also said OpenAI has advanced generative AI through products including ChatGPT and has received investment from Microsoft and others, with an implied market valuation of about $895 billion. At the same time, the platform is rolling out VIP and super agent airdrops, GT rewards, and a 3.8% annualized minting yield for GUSD.

Spot gold dropped below the $4,050-per-ounce mark, according to data cited by Odaily from Gate. The move left the metal down 1.70% on the day at the time of the update. The source brief did not provide additional details such as intraday range, trading volume, or a stated trigger for the decline. The report was published by Odaily as a homepage headline item.

A smart money wallet tracked by @ai_9684xtpa scrapped a planned profit-taking trade in SK Hynix (SKHX) ADR before formal trading began. The position was originally on track to lock in a $320,000 gain, but the wallet canceled the TWAP order halfway through execution. The remaining position now stands at 10,000 SKHX, worth about $13.19 million, and has swung into an unrealized loss of $1.914 million. The update was shared by the on-chain tracker in a post on X.