Markets

Iran Threatens to Block the Red Sea, Driving WTI Crude Up 12% for the Week Back Above $80 and Reigniting Inflation Fears

SpaceX’s volatile post-IPO performance has shifted attention toward OpenAI. Explore OpenAI’s IPO progress, business model, valuation logic, and potential as the next major tech stock.

OpenAI’s valuation has reached $852 billion, while a potential IPO could target $1 trillion. Explore its revenue growth, platform value, compute costs, and valuation risks.

Glassnode data reveals that Bitcoin holders who bought at $107,000 have now reached a peak in realized losses, which are starting to decline. The $69,000 level has emerged as a key battleground for price action, while on-chain indicators suggest the next bear market bottom could form around 2026.

OpenAI has confidentially submitted an S-1, but its IPO date remains unconfirmed. Explore the latest timeline, valuation outlook, listing process, and key risks.

On July 17, AI chip stocks experienced a sharp sell-off, with Astera Labs dropping 8.81% and Marvell falling 8.71%. The Philadelphia Semiconductor Index officially entered a technical bear market. Investors are now questioning whether the massive capital expenditures in AI will deliver the expected returns.

Gold falls below $4,000, hitting its lowest level since July 1, as rising tensions in the Middle East drive up oil prices and strengthen expectations for interest rate hikes. Bitcoin has not followed the traditional safe-haven logic, putting the "digital gold" narrative to the test.

On July 17, SOL traded at $75, marking a seven-day decline of 7.86%—the steepest drop among major cryptocurrencies. Following the fade of the meme coin frenzy, SOL experienced an even sharper pullback, making $75 a critical support level. Technical indicators and on-chain data now shed light on the current market landscape.

Over the past week, whale addresses have accumulated an additional 70 million XRP, with the price holding steady around $1.10. On-chain data shows that large holders now possess over 380 million XRP, and the number of activated accounts on XRPL has surpassed 8 million.

On July 17, the entire cryptocurrency market sector saw a broad decline. The DeFi sector dropped 5.08% over 24 hours, with HYPE falling 10.28% and AAVE down 6.12%.