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BlockBeats News, July 4th, according to The New York Times report, as four officials familiar with the meeting details revealed, in the final stages of negotiations, when Iran's Supreme Leader Ayatollah Ali Khamenei hesitated to approve a preliminary ceasefire agreement, Iranian President Ebrahim Raisi visited him.The Iranian President informed the Supreme Leader that the economic situation was dire, and the U.S. naval blockade was strangling Iran. He stated that if the Supreme Leader refused the agreement, he would resign. Additionally, Iran's Central Bank Governor, Abdolnaser Hemmati, wrote to Khamenei, expressing that the country was facing a severe budget crisis. He warned that critical food and medical supplies would run out by the end of August if the naval blockade persisted. Hemmati explained in the letter that Iran could not sell oil at the required scale or find alternative trade routes.These statements played a crucial role in Ayatollah's final decision to support the agreement. In a brief public statement, he expressed that although he was "principally" against the agreement, if the President received the backing of the Supreme National Security Council, he instructed the President to proceed. Raisi indicated that the Council approved the agreement with 12 out of 13 votes.

BlockBeats News, July 4th: According to Bloomberg, Crusoe is in talks to raise about $3 billion in a new funding round, with the company’s valuation expected to triple. Crusoe, an emerging data center operator, has signed contracts with Meta and Oracle, providing them with AI computing power.
Sources familiar with the matter said the company focuses on building and operating large data centers that support AI systems. The current funding negotiations are still ongoing, and the final valuation has not been determined. As the discussions have not been made public, the sources requested anonymity.
However, investors anticipate that following this new funding round, Crusoe’s valuation will reach around $30 billion. By comparison, the company was valued at about $10 billion last October.
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BlockBeats News, July 4th, according to Xinhua News Agency, British Prime Minister Stamer and French President Macron issued a joint statement on the 3rd, stating that the two countries will cooperate with Oman to ensure the security of its territorial waters.Iran's Deputy Foreign Minister Araghchi responded on the 4th, stating that the Strait of Hormuz is not a place for extraterritorial countries to conduct military demonstrations. Iran opposes any military action that may affect the safety of this waterway. As the guarantor of the security of the Strait of Hormuz, Iran will remain highly vigilant of any relevant military movements. The security of the Strait of Hormuz should be jointly maintained by coastal countries, and any actions that create crises will be borne by the parties involved. He also emphasized that the above warning "is serious."

BlockBeats News, July 4th, Tether CEO Paolo Ardoino posted on social media, stating that the current AI industry's collaboration with large tech firms to scale user adoption through subsidized computing power is essentially building a high-capital expenditure-driven infrastructure. However, this type of investment faces a rapid depreciation cycle of 3 to 5 years, creating structural pressure on asset recovery and profitability pathways. At the same time, this "growth at all costs" model is leading to further divergence between cost structures and revenue streams.The AI industry is facing multiple misalignment risks, including mismatched profit realization timelines, misalignment between capital costs and asset maturation cycles, and the continuous erosion of commercialization revenue space by open-source AI models. Against the backdrop of highly leveraged expansion and revenue realization uncertainties, the industry's potential risks are accumulating.

BlockBeats News, July 4th, according to hypeflows data, based on the open interest size, Hyperliquid has captured a 8.7% share of the global perpetual futures contract market (including all centralized exchanges such as Binance, Bybit, OKX), setting a new all-time high since the platform's inception.According to HTX market data, HYPE is currently trading at $70.49, with a 24-hour percentage increase of 2.08%.

BlockBeats News, July 4th - Billionaire investor and long-time Bitcoin bull Tim Draper denied transferring his Bitcoin, after on-chain analysts linked him to a 1000 BTC inflow into Coinbase Prime.“I have not moved my Bitcoin,” Draper stated, further adding that he still expects Bitcoin to reach $250,000 within a year.

BlockBeats News, July 4th, according to Bloomberg, Kioxia Holdings has started providing samples of next-generation flash memory chips to AI data center operators, hoping to take the lead in this lucrative market and compete with rivals.The Tokyo-based chipmaker stated that its latest high-density 3D flash memory chips have been improved in energy efficiency and data transfer speed. The company said that the storage capacity of the new generation 332-layer, 10th generation flash memory chip has increased by 59% compared to its previous flagship product - the 8th generation flash memory chip.Click on the original article link below to join the BlockBeats · Feishu AI News Channel, which provides 24/7 uninterrupted monitoring of global AI hotspots and news.

BlockBeats News, July 4th. According to Bloomberg, the German cryptocurrency market is expected to experience significant growth in the coming months. At that time, millions of German residents will be able to directly trade virtual currencies through local banks, without the need for professional third-party trading platforms.Currently, Germany's cooperative and savings banks—regional banks that have long provided basic financial services to local residents and businesses—are gradually rolling out their own cryptocurrency trading services to retail customers. This means that ordinary investors will be able to buy and sell crypto assets directly on the bank platforms they use in their daily lives, further reducing the barrier to entry into the cryptocurrency market.

BlockBeats News, July 4th. Cryptocurrency analyst Darkfost stated on social media that currently, the overall active Bitcoin (BTC) investors are at an average unrealized loss of about 20%. This conclusion is based on the "True Market Price (TMP)" indicator, which excludes long-term unmoved Bitcoin that may be lost or no longer in circulation, providing a more accurate reflection of the cost basis of the current active circulating supply.The data shows that the current TMP is around $76,700 and has acted as a significant resistance level in recent price action. Historically, during market correction phases, some investors tend to prefer exiting the market without incurring further losses rather than holding, making this price level a key area for short-term supply-demand dynamics.At the same time, the "Active Value to Investor Value Ratio" is currently around 0.8, in the valuation downtrend range, corresponding to about a 20% unrealized loss. Although this level has been under significant pressure, it has not yet reached the extreme range of 0.5 to 0.6 (about 40%-50% loss) seen in historical bear markets. While the market still exhibits cyclical characteristics, the ongoing inflow of institutional funds and ETFs has not altered the overall cyclical pattern of Bitcoin, and the future trend still requires careful observation.

BlockBeats News, July 4th. According to Bloomberg, SK Hynix Inc. is considering paying an underwriting fee of approximately 0.5% of the total amount raised to the investment banks participating in its U.S. listing project. This transaction is expected to be one of the largest stock offerings in history.Sources said that although SK Hynix has stated its intention to issue new shares equivalent to a maximum of 2.5% of the total share capital, the final issuance size has not been determined, which will directly determine the underwriting fee amount received by the investment banks.In addition, SK Hynix may also pay additional discretionary rewards to the banks involved in the transaction on top of the base underwriting fee. Sources said that the current discussions are still ongoing, and the final agreement details may change.Click on the original article link below to join the BlockBeats · Feishu AI News Channel and receive real-time monitoring of global AI trends and news 24/7.

BlockBeats News, July 4th, according to data from the Korea Securities Depository Securities Information Portal, in the first half of 2026, South Korean investors accumulated a net purchase of Chinese assets through individual stocks and ETFs totaling approximately $2.819 billion. The amount invested in A-shares was around $678 million, a year-on-year surge of 130.55%. Semiconductor equipment company, Nothern Huachuang, took the top spot in A-share purchases with around $33.94 million, followed closely by AI chip leader Cambricon Technologies with $27.28 million, and CATL ranking third. South Korean retail investors are actively buying into what is considered the "Chinese NVIDIA," with the core logic being the improvement in profitability and the expected enhancement of China's AI semiconductor self-reliance.As for Hong Kong stocks, SMIC was the most favored Chinese asset by South Korean investors, with $85.46 million in investments. AI company MiniMax, which went public in January, ranked second with approximately $66.65 million in purchases, followed by Alibaba in third place. ETFs have become an important allocation channel, with a total net inflow of around $209 million into 10 Chinese asset ETFs in the first half of the year, led by the Global X China Semiconductor ETF with approximately $60.83 million.A Standard Chartered Bank analyst stated that the attitude of overseas funds towards Chinese assets has "undergone a fundamental change," shifting from a geopolitical discount perspective to a revaluation logic based on the value of the AI industry.

BlockBeats News, July 4th, according to GMGN data, the Solana ecosystem Meme coin manlet has surpassed a $17 million market cap, with a 24-hour surge of over 700% and a trading volume exceeding $9.3 million.Manlet refers to a short man, originating from internet subculture's self-deprecating humor about height, incel memes, and the fitness community's self-mockery. It has no practical function or roadmap, relying entirely on community self-deprecation, abstract memes, and FOMO drive.BlockBeats Note: Meme coins experience significant price volatility, depending heavily on market sentiment and hype, lacking real value or use case. Investors should be aware of the risks.

BlockBeats News, July 4th: The Central Bank of Brazil stated in a congressional hearing that stablecoins have the characteristics of a payment tool and should be classified as a form of electronic currency rather than a general digital asset. Therefore, they should be subjected to a more stringent regulatory framework.The Brazilian Cryptoeconomics Association has expressed opposition to this decision, believing that this classification could lead to regulatory conflicts, hinder the use of stablecoins in both institutional and retail markets, and cause Brazil to deviate from international regulatory trends. At the same time, the Central Bank of Brazil has recently increased regulatory requirements for virtual asset service providers, potentially putting pressure on small and medium-sized crypto firms.

BlockBeats News, July 4th: The protagonist of "Byte Stock Trading Making $30 Million," Leto Bao, will be a guest at Binance Live on the evening of July 5th at 8 p.m. (UTC+8). He will review the journey of turning the tables on the U.S. stock market to earn $30 million and answer live questions. Leto Bao is a former employee of ByteDance, known as the "Byte Stock Trading Brother." Seizing the AI storage track for investment in U.S. stocks, he reportedly earned about 30 million yuan and resigned. The story began with his discovery of a significant price surge when buying hard drives on Pinduoduo, which led him to research data storage demand and heavily invest in related stocks.

BlockBeats News, July 4th, CryptoQuant analyst Axel Adler Jr. wrote that Bitcoin has entered the late stage of a bear market, and the US spot ETF has shown signs of easing selling pressure for the first time. On the latest trading day, the net inflow into the US spot Bitcoin ETF was $223 million. Most of the demand went to FBTC (+$166 million) and ARKB (+$91.8 million).

BlockBeats News, July 4th, Serenity stated that a floating AI data center utilizing ocean cooling is already a reality, offering a significant advantage in power savings due to natural seawater cooling. This concept is particularly friendly to regions facing land scarcity, similar to the idea of "edge computing." Samsung Heavy Industries plans to launch the first commercial floating AI data center in 2028 with a capacity of around 50MW. Keppel in Singapore is also advancing a similar project, expected to be operational in the same year.Serenity also mentioned that Microsoft's previous exploration focused on underwater submerged data centers, known as Project Natick, has now been terminated. This differs from the current discussion of data centers floating on the sea surface, addressing the two major pain points of AI infrastructure: power and cooling. The modular and movable nature of these centers naturally suits areas where land is scarce.

BlockBeats News, July 4th, Micron Technology officially launched the expansion project of its Western Japan factory, with a total investment of ¥1.5 trillion to produce advanced storage chips. This expansion is part of its global expansion plan aimed at meeting the needs of the artificial intelligence industry. The Japanese government will provide a maximum of ¥500 billion in subsidies to share the construction costs. This factory expansion will help Micron improve the energy efficiency and data transmission efficiency of chips needed for AI services and autonomous vehicles. The expanded production line is expected to start shipping around the summer of 2028.