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Deep Tide TechFlow News, July 29, according to Bitget market data, the South Korean KOSPI index opened up 1.2%, SK Hynix rose 2% after reporting a surge in second-quarter operating profit but missing expectations; Samsung Electronics rose 3%. The Nikkei 225 index opened 0.18% higher.

Deep Tide TechFlow news, July 29 – SK Hynix (SKHY.O) reported earnings on Wednesday, driven by tech giants increasing AI data center investments, which fueled strong demand for advanced memory chips. The company's second-quarter operating profit surged 557% to 60.5 trillion Korean won (approximately $41.62 billion), setting a record high, compared to 9.2 trillion Korean won in the same period last year. However, this figure fell short of market expectations of 64 trillion Korean won, mainly because the company has a higher proportion of high-end memory chips (HBM) than its competitors, which prevented it from fully benefiting from the strong price increase cycle of conventional memory chips. This has heightened concerns that the AI boom driving the semiconductor industry may be slowing down.SK Hynix also missed revenue expectations, with second-quarter revenue at 79 trillion Korean won, while the market had anticipated 84 trillion Korean won.Following the earnings report, SK Hynix fell 9% in US trading on Tuesday and dropped another 9% in after-hours trading, with SanDisk (SNDK.O) and Micron Technology (MU.O) also falling over 4%, erasing the boost from Seagate Technology's (STX.O) earnings.

PANews, July 29, According to The Block, the Robinhood Chain mainnet reached a TVL of approximately $325 million within less than a month of its launch, with no downtime reported during this period. Although TVL continued to grow over the past month, all throughput metrics peaked in the second week post-launch and have since declined. Last week, the chain's DEX had an average daily trading volume of about $553 million, down 27% month-over-month; the average daily active accounts were approximately 275,000, down 7% month-over-month. On-chain capital turnover plummeted from 9.25x in the second week of July to 1.68x last Friday, indicating that capital inflows have far outpaced trading activity, with recent deposits being more yield-driven than transaction-driven, likely stemming from the approximately 7% annual yield on USDG provided by Robinhood Earn. The trading volume per active account also fell from a peak of around $2,800 two weeks ago to about $2,000 last week. Previously, Robinhood CEO Vlad Tenev stated that the chain "is also well-suited for Meme coins," sparking a brief craze for Meme coins like CASHCAT, though prices of related tokens have since continued to decline. Robinhood is set to release its second-quarter financial report on Wednesday.

PANews, July 29 - According to Sina Finance, after OpenAI disclosed that its AI tool accidentally infiltrated another company's internal system, over 1,100 employees from leading AI enterprises signed an open letter, urging the U.S. government to support the establishment of a mechanism to deliberately control the pace of AI development when necessary, preventing excessively rapid technological progress. The organizers stated that the open letter has been signed by employees from nearly a dozen companies, including OpenAI, Anthropic PBC, Google, and Meta Platforms Inc. The letter urges the U.S. to support an international effort to set the pace for the development of more advanced AI systems when needed. The letter warns that the speed of AI development "indeed has the potential" to outpace humans' ability to "understand or control" it. Google said in a statement: "We are committed to developing AI in a safe and reliable way, letting this technology benefit society." This open letter echoes recent calls from several AI industry leaders. OpenAI CEO Sam Altman and Google DeepMind CEO Demis Hassabis, among others, have previously called for the establishment of new international oversight bodies to review frontier AI models and set standards.

Shenchao TechFlow news, July 28th, according to HTX market data, BTC has fallen below $64,000, currently at $63,999.99, with a 24-hour decline of 2.18%.

Deep Tide TechFlow news, on July 28, according to HTX market data, SOL broke below $75 and is now at $74.99, a 24-hour decrease of 2.34%.

PANews July 28 news, according to CoinDesk, Bitcoin held near $65,000 on Monday, up about 4% over the past few days, Ethereum hit a near two-month high, while AI-related tech stocks came under pressure and fell. Analysts say this week's Federal Reserve policy decision, inflation data and tech giant earnings will determine whether Bitcoin can break out of its months-long trading range or fall back to June lows. LMAX Group market strategists said the resilience of the crypto market during volatile periods in traditional markets is encouraging, supporting the view that digital assets are beginning to decouple from traditional risk assets. Technically, Bitcoin needs to break above $67,300 to exit the consolidation range that has held since June, while Ethereum faces key resistance at $2,000. Bitmine Chairman Tom Lee noted the ETH/BTC ratio rose to a three-month high, a bullish signal. But a Nansen senior research analyst believes the rebound lacks strong buying support, with declining Bitcoin futures open interest and order book data pointing to net selling pressure, still expecting a possible pullback to the $52,000-$58,000 range unless market conditions improve. The Federal Reserve interest rate decision and core PCE data will be this week's key catalysts.

PANews July 28 news, according to The Block, Ethereum, Solana and Avalanche have seen increased network activity and lower usage costs over the past year, but ETH, SOL and AVAX prices have all fallen by around 50% or more. Bitwise Head of Onchain Research Kam Benbrik stated there is a clear divergence between network fundamentals and market sentiment — on-chain activity is actually growing, but protocol designs make block space cheaper, causing a steep drop in revenue. Bitwise’s inaugural quarterly staking report shows that by the end of Q2, Ethereum staking reached 40.2 million ETH (one-third of total supply), with new staking mainly coming from institutions. The report also noted that the vast majority of staking rewards on Ethereum and Solana come from new token issuance rather than user fees (Ethereum 93%, Solana over 90%), unstaked holders face dilution risk, and rising staking participation also dilutes returns. Bitmine holds approximately 4.9 million of its roughly 5.8 million ETH and is currently the largest Ethereum reserve company. Ethereum’s annualized staking yield in Q2 was 2.84%, Solana’s was 6.25%.

Deep Tide TechFlow news, on July 27, according to HTX market data, BTC has broken through $65,000, currently at $65,011.87, with a 24-hour increase of 1.02%.

Deep Tide TechFlow news, on July 26, according to HTX market data, ETH broke through 1,900 USD, currently reported at 1,900.62 USD, with a 24-hour increase of 1.79%.