Coinbase said it will add perpetual futures tied to two ETF products: Roundhill Memory ETF (DRAM) and Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL). The new markets will be listed as DRAM-PERP and SOXL-PERP. According to the announcement, trading is scheduled to open at or after 17:00 Beijing time today. The update covers the launch timing and the contract names disclosed by Coinbase, with no additional details provided in the source. This makes the rollout a product-listing update focused on two new perpetual markets connected to equity ETF tickers.

Hyperinsight said on July 16 that SPCX extended its pullback and fell as low as $132.34 intraday, pushing a long-held whale position deeper into the red. By press time, SPCX had edged back to $135.5, but the wallet starting with 0x91d had already seen its entry price breached by about 26.1%, making it the largest underwater SPCX address on Hyperliquid. The address is currently holding 12,085 SPCX long contracts with a notional value of about $1.638 million. Its average entry stands at $183.2, leaving the position with an unrealized loss of roughly $577,000, or 52.1%. At the point the position went underwater, the paper loss had briefly widened to $616,000. Hyperinsight also said the account’s roughly $509,900 in margin has all been committed to maintaining the trade. The position was opened during SPCX’s strong post-listing rally and then left untouched for a full month, with no increase or reduction in size. During that stretch, the address held through the token’s listing phase, a Nasdaq inclusion-related boost, and the subsequent extended decline.

A dense stretch of crypto and market news from July 15 to July 16 was led by BNB Chain’s 36th quarterly BNB burn, a wave of large ETH wallet movements, fresh disclosures from BlackRock on its digital-asset business, and a tokenization push involving DTCC and nearly 40 Wall Street firms. BNB Foundation said it burned 1,615,827.795 BNB, worth about $932 million at the time, as part of its ongoing supply-reduction plan. On-chain activity also drew attention, with several whale addresses buying, withdrawing, unstaking, or moving sizable ETH and WBTC positions, while PeckShield reported that Ostium’s public OLP vault was exploited for roughly 24 million USDC. BlackRock, for its part, said digital-asset AUM fell from $79.6 billion a year ago to $48.8 billion despite net inflows of about $15.1 billion, and reiterated a 2030 crypto-revenue target of around $500 million. Elsewhere, Revolut received in-principle approval from Dubai’s VARA, Aave V4 expanded to Avalanche, Coinbase set a deadline to end support for USDC on Noble, and Summer.fi said it will wind down after an exploit tied to Lazy Summer Protocol. The period also included updates on US regulation, stablecoin payments, AI funding, prediction-market research, and Fed commentary on inflation, labor, and AI-driven price pressure.

The Bank of Korea’s Monetary Policy Board said on the 28th that it plans to maintain its rate-hike stance, while weighing both inflation and financial stability. The comment followed the central bank’s first rate increase in three and a half years. The board said stronger exports and investment have boosted economic growth, and inflation is expected to stay above target for a considerable period. It also said risks tied to financial stability remain in place. Looking ahead, the board expects exports and investment to continue growing at a relatively strong pace, supported by a robust semiconductor cycle, while improving income conditions should help broaden the recovery in consumption and keep overall growth solid. It added that this year’s growth rate is likely to come in significantly above its May forecast of 2.6%. On the financial side, the board pointed to wider won-dollar volatility, simultaneous increases in housing-related and other lending, a sharp rise in household debt, and a broader uptrend in home prices in the Seoul metropolitan area. Based on those factors, the board said it sees a need to keep monetary policy on a tightening path.

Robinhood CEO Vlad Tenev has publicly asked developers building stock tokens or other real-world asset applications to get in touch, a signal that the company wants to accelerate activity around tokenized securities and adjacent RWA products on Robinhood Chain. The post came after Robinhood Chain’s public mainnet went live on July 1, with stock tokens, ETFs and private assets identified as key areas of focus. Foresight News reviewed a group of projects already building on the network. The list spans several segments: Arcus and Lighter for stock-token and perpetual trading, Rialto as a spot exchange and AMM venue, The Index for fee-based stock-token distributions, Arrow Finance for overcollateralized lending, Meridian for RWA perpetuals and prediction markets, Vimen for basket tokens, RoodFi for tokenized tax liens and tax deeds, Fletcher for physical collectible cards mirrored onto the chain, Sherwood Exchange for privacy-focused RWA trading, and Fletch Finance for splitting stock principal from dividend rights. The report also stresses that the ecosystem is still very early. Many of the products launched only recently, and their product maturity, real user demand and ability to keep operating have not yet been fully tested. Mentions by ecosystem accounts such as Virtuals should not be read as investment, formal partnership or credit support, and any token-linked project may carry liquidity, contract, concentration and maintenance risks.

Bank of Korea Governor Rhee Chang-yong said on July 16 that the central bank will raise the interest rate on its special lending program, according to a BlockBeats news flash. The brief item did not include the size of the increase, the timing of the change, or any additional policy details. No further explanation on the scope of the program or the reason for the adjustment was provided in the source text. The update was published as a 7x24 market flash, with the statement limited to the governor’s remark on the planned rate increase.

Crypto sectors posted mixed moves on July 16, with the broader market showing a narrow trading range, according to SoSoValue. The RWA segment led the market with a 24-hour gain of 6.40%, helped by a 15.92% rise in Ondo Finance (ONDO) and a 2.87% increase in Centrifuge (CFG). Among major tokens, Bitcoin (BTC) rose 0.19% and briefly moved above $65,000 during the session, while Ethereum (ETH) gained 2.92% and climbed past $1,900. Other advancing sectors included DeFi, up 0.96% with ZeroLend (ZERO) surging 28.87%, and PayFi, up 0.32% as eCash (XEC) added 13.68%. On the weaker side, SocialFi recorded the largest decline, down 2.43%, with Gram (GRAM) slipping 2.36%. Meme fell 0.07% even as Pump.fun (PUMP) rose 1.53%, CeFi lost 0.13% while Mantle (MNT) gained 1.69%, Layer1 dipped 0.23% with Injective (INJ) up 3.24% intraday, and Layer2 dropped 0.34% as MegaETH (MEGA) advanced 2.39%. Sector indexes tracking historical performance showed ssiRWA, ssiDeFi, and ssiLayer1 up 7.43%, 2.17%, and 1.24%, respectively.

A broad set of policy, market-structure, ETF, stablecoin and exchange developments shaped the latest 24-hour cycle in crypto. RootData said the industry logged $9.081 billion in total fundraising across 259 deals in the first half of 2026, with primary-market financing, excluding IPOs, post-IPO rounds and M&A, reaching $8.658 billion. That segment was down 26.1% year over year, while deal count fell 28.5%. March and May were the busiest months by activity, and the data pointed to a market still functioning but increasingly driven by a smaller number of larger rounds, more concentrated venture participation, and heavier interest in DeFi, infrastructure, CeFi, AI, payments and RWA. Japan moved to the front of the regulatory agenda after the upper house approved revisions to the Financial Instruments and Exchange Act. The overhaul would classify crypto assets as financial products, add insider-trading restrictions, toughen penalties for unlicensed operators, and set up the legal framework for crypto ETFs. The tax treatment is also set to change. From Jan. 1, 2028, gains from crypto trading are expected to shift from a comprehensive regime with rates of up to 55% to a separate self-assessed tax system of about 20%, matching stocks, with loss carryforwards of up to three years. Elsewhere, the U.S. and U.K. published a joint digital-asset roadmap centered on regulated stablecoins and tokenization, South Korea said it plans to push a Digital Asset Basic Act in the second half, spot Bitcoin and Ether ETF flow data stayed active, and exchanges including OKX and Binance announced new tokenized equity products and collateral expansions.