Prime Intellect is drawing fresh attention after a report said the company is valued at $1 billion and has secured backing from Nvidia, Intel, and Dell. The report also said the firm has quietly removed traces of a token issuance narrative while moving away from a Web3 label. Prime Intellect said its annual recurring revenue, or ARR, has reached $100 million. The report centers on how the company built that path while reshaping how it presents itself to the market. With funding from major technology names and a stated revenue figure of $100 million in ARR, Prime Intellect has become a closely watched case in current market coverage.

OKX has rolled out a World Cup prediction event called "Pick the Champion," according to an official announcement cited by Odaily. Users can choose the eventual winner for free from four semifinal teams: Argentina, England, France, and Spain. Participants who correctly pick the champion will receive a 500-point airdrop in the next Outcomes campaign. OKX also said that from now until July 20, new users who sign up and correctly select the title-winning team will be eligible to share an additional 4 BTC reward pool. The update centers on user participation incentives tied to the tournament result and the upcoming Outcomes event.

Bitmine Chairman Tom Lee said he is "not worried at all" about Ethereum’s current price during a speech at WebX 2026 in Tokyo, an event hosted by Coinpost. Speaking under the title "Ethereum: The Cure for the Wealth Uncanny Valley," Lee said the biggest macro themes to watch in 2026 are U.S. monetary policy, the Clarity Act, AI-driven FOMO and the capital it is pulling away, and the notably weak performance of the financial sector relative to other industries. Lee compared ETH’s chart with that of the S&P 500 after 1987 and said Ethereum now closely matches that period, arguing it is in a bottoming phase and close to moving higher. He also reviewed ETH’s price elasticity across different stages and said many investors are reacting to a "low price" while missing what he described as the asset’s real value. In his view, Wall Street likes Ethereum, and institutional adoption remains a key part of the thesis. Lee also pointed to the launch of Robinhood Chain as another major recent development in the Ethereum ecosystem, along with what he described as exaggerated ETH gas consumption tied to it.

Nick Timiraos wrote that Warsh, in his first meeting as Federal Reserve chair last month, led a unanimous decision to keep interest rates unchanged. In the coming weeks, growing inflation concerns among some Fed officials could push a discussion of rate hikes at the July 28-29 meeting. Warsh is also set to testify before Congress this week and will have June inflation data in hand. The report frames the next policy meeting as a potential test of whether the Fed sticks with its current stance or opens debate on reversing last year’s easing moves. Timiraos, often referred to in Chinese crypto media as the Fed’s “mouthpiece,” was the named source in the Odaily brief.

BlockBeats reported on July 13 that U.S. Central Command announced a new round of precise strikes against Iran on local time July 12. The statement said the operation hit dozens of targets across multiple locations. The brief also noted that the Strait of Hormuz is a key maritime route for global trade and said Iran does not control the strait. No additional operational details were provided in the source text.

Warsh chaired his first meeting as Federal Reserve chair and the decision was to leave interest rates unchanged, according to a report cited by ChainCatcher from Jin10. The report said the committee reached a consensus at this meeting, though that unity may become harder to preserve as inflation concerns build. Attention is now shifting to the Federal Reserve’s July 28-29 meeting, where Warsh is expected to have a chance to steer discussion around a possible rate hike. By then, policymakers will also have access to the latest inflation reading for June. The report frames that upcoming data as a key input for the next round of policy debate.

A solo home miner found Bitcoin block 957382 at around 03:30 on July 9 using a handheld Bitaxe device through Public Pool, according to Odaily, citing Bitcoin.com News. The miner received the full 3.1382 BTC block reward, worth about $200,000 at the time. The payout included the standard 3.125 BTC block subsidy and roughly 0.0132 BTC in transaction fees. The device averaged 995.2 GH/s and submitted the winning share after running for about eight hours. Bitaxe is an open-source, single-chip Bitcoin miner built on Bitmain's BM1370 chip. Its Gamma series typically delivers about 1.0 to 1.3 TH/s, uses 15 to 21 watts of power, and usually sells for $60 to $150. The case highlights a rare block win by a low-cost, low-power setup connected to a public mining pool.

SK Hynix continued to fall on July 13, with Bitget market data showing the asset at KRW 1,961,000, down 10.05%. The drop pushed SK Hynix to the top of the global liquidation rankings over the past four hours. Total liquidations reached $24.79 million, exceeding BTC at $24.22 million and ETH at $21.76 million. The update was reported by BlockBeats based on Bitget data.