Citibank lowers IBM target price from $375 to $255

Crypto.com, a cryptocurrency exchange, has received a strategic investment of $400 million from Castle Securities, with a valuation of $20 billion.

The RWA trading platform Ostium on Arbitrum is scheduled to restart this week, with auditors, third-party cybersecurity experts, and engineering teams conducting final inspections. After the resumption of trading, open positions will be re marked according to real-time market prices. If the position falls below the liquidation threshold, liquidation will be executed and pending orders will remain unchanged. Ostium Labs plans to contribute from its own balance sheet and collaborate with partners to compensate affected liquidity providers. The specific plan will be announced later.

Jamie Dimon, CEO of JPMorgan Chase, said that investors underestimated the geopolitical and financial risks facing the global economy. At the current price, he would not buy the overall stock market or long-term U.S. treasury bond bonds.

On July 20th, the yield on 10-year US Treasury bonds rose to around 4.60%, and the 20-year yield broke through 5.1%, as the market re traded long-term inflation and term premium pressures. Energy prices have gained a risk premium due to the escalation of the US Iran conflict and restrictions on transportation in the Strait of Hormuz, reinforcing concerns about secondary inflation. The concentrated issuance of long-term bonds by large enterprises has boosted long-term yields, and the 10-year US Treasury yield approaching 4.6% has put discount rate pressure on overvalued technology stocks and growth assets.

According to Onchain Lens monitoring, Circle has issued 250 million USDCs on the Solana chain and will mint a total of 71.01 billion USDCs on the Solana chain by 2026.