According to Cointelegraph, the amount of ETH bridged to Robinhood Chain exceeded $70 million in its first week of launch. According to Token Terminal data, Robinhood Chain has 194000 daily active users, with daily revenue increasing to $39000 and an annualized revenue running rate of approximately $14 million. DefiLlama data shows that its total locked position is 46748 ETH (approximately $83 million), with a single day inflow of 31855 ETH (approximately $55 million) on July 9th.
Deribit data shows that approximately $1.907 billion worth of Bitcoin and Ethereum options will expire at 4:00 pm today. The nominal value of BTC options is approximately $1.43 billion, with a put/call ratio of 0.98 and a maximum pain point of $62000; The nominal value of ETH options is approximately $237 million, with a put/call ratio of 1.21 and a maximum pain point of $1700.
According to Golden Ten Data on July 10th, Phil Orlando, Chief Market Strategist at Federated Hermes, stated that the possibility of the Federal Reserve raising interest rates by 0.25% in July is unlikely, and it is expected that the Fed will maintain interest rates unchanged. According to data from the London Stock Exchange Group, the probability of a 0.25% interest rate hike in July is 22% for money market pricing.
According to BeInCrypto, Cardano founder Charles Hoskinson denies rumors of his imminent exit from Cardano, calling it a completely fabricated lie. Charles Hoskinson stated that the out of context video clips created false information, falsely claiming that Cardano was a failed project. Charles Hoskinson pointed out that the rumor has spread among London taxi drivers and partner companies. Charles Hoskinson explicitly responded that the rumor is not true and requested supporters to share a clarification video.
A late-session volume surge carried XRP above its recent range, with traders now watching whether $1.10 can hold as support.
OpenAI and Google sell AI models to Chinese company's Singapore subsidiary
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According to the Financial Times, OpenAI and Google are selling AI models to the Singapore subsidiaries of Alibaba, Baidu, and Tencent, which have been blacklisted by the US Department of Defense. (Cointelegraph)