News

LayerZero
2026-07-13 03:00:03

RootData says LayerZero to unlock about 25.71 million ZRO on July 20

LayerZero (ZRO) is scheduled to unlock about 25.71 million tokens at 11:00 Beijing time on July 20, according to token unlock data from Web3 asset data platform RootData. The unlocked amount is valued at about $22.05 million based on the figures cited in the report. The update was published by ChainCatcher as a 7x24 newsflash. The source text did not provide additional details on the unlock structure or recipient allocation.

40
RootData says LayerZero to unlock about 25.71 million ZRO on July 20
GMGN
2026-07-13 03:00:00

GMGN lists top five hot-sector tokens by 24-hour performance

GMGN data showed the top five tokens in hot sectors over the past 24 hours were ANSEM, febu, HOME, CASHPIGGY, and POINTLESS. ANSEM was quoted at $0.2632 with a market capitalization of $300 million, a 24-hour gain of 26%, trading volume of $29.07 million, and 92,980 transactions. febu traded at $0.0023 with a $2.26 million market cap and a 19.3% daily increase. HOME changed hands at $0.0003, with a $210,000 market cap and a 20% gain. CASHPIGGY posted the largest rise among the five, up 43.7% in 24 hours, while POINTLESS was the only decliner, down 59.2%.

40
GMGN lists top five hot-sector tokens by 24-hour performance
Ethereum
2026-07-13 02:59:48

Tom Lee says ETH 2.0 could turn Ethereum into money, with a long-term upside case reaching $250,000

Bitmine Chairman Tom Lee said at WebX 2026 in Tokyo that Ethereum is moving beyond what he described as the ETH 1.0 era of ICOs, NFTs, stablecoins, and ETFs, and into a new infrastructure phase tied to settlement and money. Speaking during a keynote on July 13, Lee argued that ETH remains in what he sees as an undervalued range despite having already gone through several major market cycles. He said Ethereum’s next phase of value creation could be driven by Agentic-AI, its role as a financial settlement layer, and broader monetization. Based on that framework, Lee outlined three long-term price scenarios for ETH: a move above $25,000, then $75,000, and in an extremely bullish case as high as $250,000. Lee also said current fears around the macro environment and price volatility are leaving ETH in a discounted period. In his view, Ethereum’s long-term value comes from network effects, AI, and cash flows tied to asset tokenization. He added that he is “not worried at all” about ETH’s current price and compared the present setup to the bottoming phase of U.S. stocks after 1987, saying the Ethereum ecosystem is at the starting point of another upcycle.

40
Tom Lee says ETH 2.0 could turn Ethereum into money, with a long-term upside case reaching $250,000
Li Lin
2026-07-13 02:54:38

Stephen Chow’s Kung Fu Soccer film tops 500 million yuan at the box office, with Li Lin’s Future Capital listed as a lead producer

Odaily reported, citing NetEase News, that Future Capital Investment Management Co., Ltd., founded by Huobi founder Li Lin, is one of the lead producers of Stephen Chow’s new film Kung Fu Soccer. The movie’s cumulative box office has passed 500 million yuan. The report said the film’s total investment is about 380 million yuan, excluding marketing and distribution costs. Of that amount, roughly 190 million yuan was allocated to production, while actor compensation accounted for about 57 million yuan. Future Capital was listed as a lead production party, with its role described as a “financial investment entity.” The specific amount of its investment was not disclosed in the report.

40
Stephen Chow’s Kung Fu Soccer film tops 500 million yuan at the box office, with Li Lin’s Future Capital listed as a lead producer
Policy Regula
2026-07-13 02:54:05

Iran tensions lift Treasury yields as markets price in a September Fed hike

U.S. Treasury yields moved higher on July 13 as renewed tensions involving Iran pushed up oil prices and led traders to reassess the Federal Reserve’s path. The policy-sensitive 2-year Treasury yield rose as much as 3 basis points to 4.24%, its highest level since February 2025, while the benchmark 10-year yield also gained 3 basis points to 4.59%. Swaps data showed markets were now almost fully pricing in a Fed rate hike in September, up from about a 66% probability a week earlier. Kenneth Crompton, head of rates strategy at National Australia Bank, said markets had become sensitive again to headlines related to Iran. He added that investors were not expecting a repeat of the tensions seen in March, but weekend attacks and strikes targeting Russian refining facilities had revived a degree of caution in market sentiment. The move highlights how geopolitical developments are feeding into inflation expectations through energy prices and, in turn, shaping interest-rate bets.

40
Iran tensions lift Treasury yields as markets price in a September Fed hike
WTI crude
2026-07-13 02:53:33

WTI crude futures extend intraday gain to 4%, Brent rises nearly 4%

WTI crude oil futures extended their intraday gain to 4% on July 13, according to market data from Bitget. Brent crude futures were up nearly 4% at the same time. The update came after an escalation in tensions between the United States and Iran, as cited in the original market brief from BlockBeats. The report did not provide additional price levels or contract details beyond the percentage moves.

60
WTI crude futures extend intraday gain to 4%, Brent rises nearly 4%
Federal Reser
2026-07-13 02:50:15

Nick Timiraos says Warsh faces first major call on whether to reverse last year’s Fed rate cuts

Federal Reserve Chair Warsh is heading into his first major policy test, according to Nick Timiraos. Timiraos wrote that Warsh chaired his first meeting as Fed chief last month, when officials unanimously agreed to leave rates unchanged. That consensus was relatively easy to reach because there was little appetite within the committee to act at the time. The picture may get harder to manage in the coming weeks. Timiraos said some of Warsh’s colleagues have grown more concerned about inflation and could push to open a discussion on rate hikes at the Federal Reserve’s July 28-29 meeting. Warsh is also set to testify before Congress this week, giving him a chance to help shape the committee’s emerging consensus. By then, he will have the latest June inflation report in hand, which Timiraos described as the last major batch of data due before the meeting.

40
Nick Timiraos says Warsh faces first major call on whether to reverse last year’s Fed rate cuts
SK Hynix
2026-07-13 02:49:27

SK Hynix liquidations top the market over the past four hours as three whales are hit for $14 million in long wipeouts

SK Hynix-related contracts logged the largest liquidations across the market in the past four hours after a sharp price drop triggered a wave of long-side forced closures, according to Hyperinsight. Combined liquidations in SK Hynix U.S. stock and spot-linked contracts reached about $24.79 million, putting the name ahead of BTC and ETH during the same period. Hyperinsight also said SKHX recorded the single largest liquidation order across the network in that window. The selling pressure was concentrated in three whale accounts. Over roughly two hours, those three addresses triggered 10 forced liquidations, wiping out about $13.95 million in long positions and realizing roughly $1.59 million in losses. Their liquidation levels moved down from about $1,391 to $1,309, a decline of nearly 6% across that range. As of publication, one of the three whales, an address starting with 0x4b2, had not fully exited. The wallet still held about 687 SKHX long contracts with a notional value of roughly $900,000. Its position return stood near -119%, and its liquidation price was listed at $1,292, less than $20 away from the current price, leaving the position in a high-risk liquidation zone.

100
SK Hynix liquidations top the market over the past four hours as three whales are hit for $14 million in long wipeouts