Odaily reported that this afternoon, rumors circulated on social media about concentrated margin account liquidations and brokerages conducting mass forced sell-offs, sparking investor concerns. Upon investigation, it was found that the actual market situation significantly differs from these panic-inducing rumors. Brokerage representatives interviewed all clearly stated that the overall risk in margin trading is controllable, and there is no situation of widespread concentrated forced liquidation. While some accounts have indeed triggered warning lines or margin call thresholds, forced liquidation remains an isolated case. (Shanghai Securities News)
Odaily: JPMorgan stated that despite ongoing fluctuations in spot ETF fund flows, the growth of Strategy's cash reserves and the rising institutional demand for Bitcoin futures are positive signals for Bitcoin. (Cointelegraph)
Odaily Planet Daily News Citigroup analysts said in a research report that TSMC's gross margin outlook remains resilient. The analysts stated that with a gross margin of 67.7% in the second quarter, advanced process technology accounting for 77% of wafer revenue, and the first revenue contribution from 2-nanometer chips, TSMC is well-positioned to sustain its industry-leading profitability. They added that TSMC's pricing discipline has also maintained long-term customer relationships. More importantly, management has repeatedly emphasized that AI demand has become stronger than previously anticipated, and the company is seeing growing AI demand as agentic AI increases CPU demand beyond accelerators. (Jin Ten)
Odaily Planet Daily News: Microsoft is preparing an AI vulnerability detection tool called Project Perception, planned for release within July. The tool will benchmark against Anthropic's Mythos model and is expected to be more cost-effective than Mythos. (Cailianshe)
Odaily Odaily reports, according to an official announcement, Bitget has launched an exclusive ETH wealth management campaign for VIP users, running from July 17, 18:00 to July 22, 18:00 (UTC+8).
This campaign is open to VIP users who participated in NES PoolX between July 8, 18:00 and July 17, 18:00 (UTC+8). Eligible users who subscribe to the ETH Simple Earn flexible product can enjoy up to 4% APR. For more details, please refer to the official Bitget platform.
Odaily Odaily Planet Daily reports that ESMA has added 14 new crypto companies, including Ripple Payments Europe, to its MiCA register, bringing the total number of licensed crypto service providers to 294. (Cointelegraph)
According to MSX data, SanDisk's stock price has recovered from a 7% decline and is now trading in positive territory. Micron Technology's pre-market decline has narrowed to flat.
According to MSX data, SK Hynix’s U.S. stock price surged 5.5% in pre-market trading to $160.6 per share, after previously falling 4%. The stock had closed sharply lower by 13.7% in the previous trading session.
OdailyOdaily News, according to official sources, MGBX will list the MUUUSDT, SOXSUSDT, and TZAUSDT perpetual contract trading pairs at 18:00 (SGT) on July 17, 2026.
Trading opening time: 18:00 (SGT) on July 17, 2026.
Leverage: Up to 25x supported.
Odaily Planet Daily News: On July 17, the Hong Kong stock market experienced a trend of rallying followed by a sharp pullback and deep correction. The top three gainers on the Hong Kong stock list on the Gate platform were: Zhaogang.com-W (06676) surged 52% against the market trend, currently reported at HK$0.76; Tianrui Automotive Interiors (06162) soared 26.82%, now at HK$0.52; China Sanjiang Group (08087) rose 20.38%, now at HK$2.48.
Gate Stock has established a 7×24 hour trading service system covering the three core markets of US stocks, Hong Kong stocks, and Korean stocks. It supports over 10,000 US stocks and ETFs, more than 1,500 Hong Kong stocks, and over 1,000 Korean stocks, collectively covering more than 12,500 global stocks and ETF assets. Users can participate in global stock investments in a one-stop manner via the Gate unified account using USDT, with support for fractional share trading starting from as low as 0.01 shares, and they are entitled to stock dividend rights. The platform also supports cross-brokerage transfer of US and Hong Kong stocks, as well as corporate actions such as stock splits and reverse stock splits, further optimizing the stock investment service experience.
Odaily reports that Goldman Sachs has raised the price target for Robinhood from $121 to $137 and maintains a "Buy" rating.
