China’s semiconductor-related stocks strengthened after a new round of price increases across the supply chain, with global silicon wafer leaders Shin-Etsu Chemical, SUMCO and GlobalWafers launching a second price hike of the year in early-to-mid May, according to Jiemian News. Standard 12-inch wafers rose 5% to 8%, while high-end specialty wafers for AI/HPC applications increased 18% to 22%; cumulative increases across two rounds this year exceeded 15%. Intel also raised prices for some consumer Core Ultra processors and Xeon server CPUs, with high-end Xeon server products up 7% to 12%. As of 11:08 a.m. on July 7, 2026, the SSE STAR Market Composite Index rose 0.51%. Constituents including GRITEK Silicon and Dongwei Semiconductor hit 20% gains, while Moore Threads rose 16.78%. The Penghua SSE STAR Market Composite ETF (589680) gained 0.55% to 1.82 yuan. GF Securities said expansion plans by Samsung and SK hynix, alongside an expected IPO by ChangXin Memory, could support upstream semiconductor equipment demand, particularly for etching, thin-film deposition, and metrology/inspection tools.

Layer-1 blockchains are likely to face growing pressure to sacrifice decentralization in pursuit of faster speeds and greater efficiency as adoption expands, according to Injective CEO Eric Chen. According to Cointelegraph, Chen said on the Chain Reaction podcast on Monday that user demand for higher throughput—either through faster performance or more block space—will intensify the scaling debate across major networks. He framed the challenge as finding ways to scale without undermining the core characteristics that define blockchains, especially as adoption accelerates through institutional participation and agentic AI finance. Chen noted that crypto’s early promise centered on enabling a “trustless” financial system where individuals can transact without relying on traditional intermediaries, a goal that can be strained when networks prioritize performance over decentralization. Chen argued that centralization can appear to be the simplest solution, such as consolidating activity into a single data warehouse or relying on a dominant validator, but he said this approach introduces a single point of failure. If a centralized component fails, he warned, the entire chain could go down. He added that Injective, which he described as an interoperable layer-1 blockchain designed for DeFi applications, is focused on optimizing the chain without necessarily reducing block time. As an alternative, Chen pointed to “scaling venues,” including dedicated zones and layer-2 scaling, as potential ways to ensure high-demand transactions are processed. He characterized scaling as a persistent “tug-of-war” shaped by the need to preserve blockchain fundamentals while adapting to where the broader ecosystem moves. Chen also referenced the blockchain trilemma—the idea that security, decentralization, and scalability cannot all be fully optimized at once—saying that pushing too hard on scalability can come at the expense of decentralization.

The European Central Bank is expected to raise interest rates only one more time, and this is not seen as having much impact on the euro. According to Jin10, the more relevant factor is the U.S. Federal Reserve backdrop, as core PCE has remained firm for six months and labor conditions have improved. The report said the Federal Reserve may be driven by unique domestic U.S. factors.

A gas carrier was attacked in the Strait of Hormuz after it ignored warnings, Iranian state media reported. According to Jin10, the report did not provide further details about the vessel or the incident.

China's government bond futures were mixed at the morning close. According to Jin10, the most-active 2-year government bond futures contract (TS) fell 0.01%, the most-active 5-year contract (TF) was flat, the most-active 10-year contract (T) fell 0.01%, and the most-active 30-year contract (TL) was flat.

NEAR Protocol said its Dynamic Resharding feature went live on the testnet last week as part of the version 2.13 upgrade. According to Foresight News, the protocol said testnet shards can now automatically split when a state-size threshold is reached, enabling scaling without manual intervention or coordinated upgrades. The update also includes an upgrade of the signature scheme to a post-quantum secure version, NEAR Protocol said.

The success of a stablecoin does not depend on bringing in a group of alliance members to help with marketing, but on whether it has real use cases and real users.

On Jul 07, 2026, 03:24 AM(UTC). According to Binance Market Data, BNB has dropped below 580 USDT and is now trading at 579.5 USDT, with a narrowed 0.79% decrease in 24 hours.

China removed around 14,000 AI products and tightened rules on AI safety and compliance. The crackdown brings stricter oversight as China steps up regulation of the AI industry.

South Korea has given prediction market platform Polymarket an opportunity to defend its business before regulators decide whether to determine if the platform crosses the boundaries of the country's gambling laws.

In long-term asset allocation, post-quantum governance friction constitutes a "structural tail risk" for BTC, but it is by no means a reason to be bearish at present. Its extremely conservative governance, which is "difficult to change," presents a double-edged sword effect.

Banks, cryptocurrencies, BTC, token issuance, reading "Bank 4.0" by Jinse Finance: Would you build such a bank again?

A flaw in how some crypto wallets generate recovery phrases has handed attackers the master key to millions in user funds — and the full damage may not yet be known.

Strategy is ramping up its Bitcoin selling. However, Grayscale analysts believe this move will bolster market confidence in its funding structure and help Bitcoin establish a more solid bottom.

Bitcoin has undergone market-driven growth over the past decade, and its next stage will be institutionalization. The ongoing debate in the United States regarding regulatory authority may simply be the first hurdle encountered as digital assets enter the national system.

"Breaking free from the Fed's mindset" is essentially a process of re-understanding the value of Bitcoin. When the policy framework that the Fed has used for decades completely fails, can Bitcoin benefit from it? The difficulty of the next monetary cycle adjustment will far exceed any previous one.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3112, providing you with the latest and fastest news on the digital currency and blockchain industry.