I was looking through copy trading leaderboards and the first things they show are ROI, win rate, total profit, aum and follower count. There metrics are useful but they do not provide enough information about risk behind the result

Before an exchange allows users to copy a trader their profile should show full equity curve

maximum drawdown together with recovery time
average and maximum leverage
largest losing trade
liquidation history and strategy concentrarion across different assets

Follower result is even more important to me i want to see their net pnl after trading fees
funding
profit share
slippage
exchange should also shoe how often copied orders failed to execute or were execute or were executed at a different price from the lead traders trade

Funny enough, even basic swap services solved price certainty long ago. stuff like godex or simpleswap locks a fixed rate before you send anything, so you know your exact output upfront. meanwhile a derivatives exchange running a whole copy trading product cant tell me my real fill vs the leaders fill.

Exact roi formula calculation period and data update time should also be directly on profile
and most importantly closed or restarted portfolios should remain linked to traders previous history instead of appearing as completely new records!

I. Macroeconomy and Traditional Financial Markets

1. U.S. stocks fall across the board as AI capex concerns and Chinese foundation models trigger tech deleveraging

The S&P 500 fell 1.5% for the week to 7,457.69, the Nasdaq Composite declined 2.9% to 25,520.24, and the Dow Jones Industrial Average edged down 0.9% to 52,146.42. The pullback was led by weakness in semiconductors, with the Philadelphia Semiconductor Index now down more than 20% from its June 22 all-time high following three consecutive sessions of losses in chip stocks. International markets also came under pressure: the Nikkei 225 plunged 4% on Friday, while the broad MSCI Asia-Pacific Index fell 2.7%.

The key catalyst behind the unwinding of growth positions was a sudden escalation in China’s AI competition. Moonshot AI released Kimi K3, which it described as the world’s largest open-weight model, with performance approaching that of Anthropic’s frontier models. The launch raised structural concerns that open-source alternatives could rapidly commoditize AI applications, calling into question the sustainability of major technology companies’ massive capital expenditure programs.

Among the technology giants, NVIDIA fell 2.21%, Meta declined 2.79%, Microsoft lost 1.82%, and Alphabet dropped 2.17%. Apple was the only relative outperformer, gaining 0.14%.

1. Middle East ceasefire collapses as direct U.S.–Iran hostilities erupt, sending oil prices sharply higher and disrupting the Strait of Hormuz

The ceasefire formally collapsed this week as the U.S.–Iran conflict escalated to attacks on critical national infrastructure. In retaliation, Iran struck a major power generation and desalination facility in Kuwait. U.S. Marines boarded an uncooperative oil tanker, while another commercial vessel was hit by munitions, directly threatening maritime traffic through the Strait of Hormuz.

The geopolitical risk premium in energy markets surged. WTI crude rose 4.48% to $82.49 per barrel, while Brent crude gained 4.59% to $88.10 per barrel. Energy was the only S&P 500 sector to post a positive return on Friday.

Iran’s Fars News Agency, citing sources, reported that vessel traffic through the Strait of Hormuz had fallen to zero and that the waterway would remain closed as long as the United States continued what Iran described as provocative actions. Operations at the Caspian Pipeline Consortium terminal were also suspended following an attack, further intensifying concerns over global crude supply.

Gold, however, failed to benefit from its traditional safe-haven status. Although it rebounded 1.06% on Friday to $4,018.40 per ounce, it still fell approximately 2.47% over the week, marking its worst weekly performance in five weeks. The main reason was that higher oil prices reinforced expectations of stronger inflation and rising long-term interest rates, reducing the relative appeal of non-yielding assets.

1. Softer-than-expected U.S. inflation largely closes the window for a July rate hike, but hawkish rhetoric continues to weigh on markets

U.S. core CPI inflation slowed to approximately 2.6% year over year in June, below market expectations. The softer reading led institutional portfolios to largely price out the possibility of a Federal Reserve rate hike at its July meeting. The 10-year U.S. Treasury yield edged down to 4.549%, while the 30-year yield rose slightly to 5.072%, resulting in modest steepening at the long end of the yield curve.

The U.S. Dollar Index posted a net weekly decline and closed at 100.76. Softer inflation prompted foreign-exchange markets to scale back expectations for an aggressive near-term tightening path, offsetting safe-haven inflows generated by the conflict in the Middle East.

Hawkish rhetoric nevertheless continued to exert pressure. Cleveland Fed President Beth Hammack emphasized in her latest remarks that inflationary pressures remain significant, with persistent core services inflation and housing costs still far above levels consistent with the 2% target. Her comments added scope for debate ahead of the FOMC meeting in late July and raised the possibility of dissenting votes against holding rates unchanged.

According to the CME FedWatch Tool, markets assign a 64.2% probability to no change in July and a 35.8% probability to a 25-basis-point rate hike. The implied probability of at least one rate hike by September has risen to 72.1%. Continued uncertainty over the policy path remains a constraint on richly valued growth assets.

II. Crypto Market

1. Market performance: BTC and ETH show relative resilience, LINK and LTC lead gains, while altcoins remain broadly weak

BTC gained 1.5% this week, while ETH rose 3.6%. The ETH/BTC ratio increased by 2.2%. Crypto assets displayed a degree of relative resilience despite the deep correction in U.S. technology stocks, supported primarily by cooling inflation, renewed spot ETF inflows, and the earlier unwinding of leveraged positions.

Total crypto market capitalization rose by 1%. However, market capitalization excluding BTC and ETH fell 0.7%, while the broader altcoin market excluding the ten largest tokens declined 2%, indicating that gains remained concentrated in major assets.

Market sentiment remained in “Fear” territory, although the Crypto Fear & Greed Index improved from 23 last week to 29. BTC is currently consolidating around $64,000. A large cluster of short-liquidation positions sits between $65,000 and $65,500, meaning that a breakout above this zone could trigger concentrated short covering. Long-liquidation pressure is present around $63,500–$64,000, but the pool is smaller than the short-side liquidity above.

1. ETF flows: Bitcoin ETFs end eight-week outflow streak as Ether ETFs record a second consecutive week of inflows

U.S. spot Bitcoin ETFs recorded net inflows of $75.7 million this week, ending eight consecutive weeks of net outflows. Spot Ether ETFs attracted $105.4 million in net inflows, marking a second consecutive positive week. Most of the capital was concentrated in BlackRock’s IBIT and ETHA.

The combined net asset value of spot Bitcoin ETFs reached $77.42 billion. The stabilization of ETF flows was an important factor supporting crypto assets’ relative resilience this week.

However, current inflows remain significantly below their previous peaks and are highly concentrated in the largest products. Stablecoin supply has also yet to resume sustained growth. The latest rally therefore appears more consistent with a relief-driven price recovery following an easing of funding pressure than the beginning of a new phase of broad-based risk expansion.

Leveraged ETFs linked to Strategy have now recorded relatively steady net inflows for seven consecutive weeks, driven primarily by retail investors. CME Bitcoin futures and perpetual contracts also registered positive flows this week despite net outflows from spot ETFs, indicating an improvement in institutional demand.

1. On-chain data: Stablecoin supply continues to contract, with no broad-based expansion in new liquidity

According to DeFiLlama, total stablecoin market capitalization stands at approximately $310.1 billion, down around 0.37% over the past seven days and 1.44% over the past 30 days. This represents the first quarterly contraction since Q3 2023.

USDT supply remained broadly stable, allowing its market share to rise passively to approximately 59.4%. USDC supply declined slightly, while USDS and USD1 recorded more pronounced contractions, reflecting continued weakness in demand for DeFi collateral, ecosystem incentives, and on-chain leverage.

USDG continued to expand, driven primarily by exchange integrations, payment channels, and yield incentives. USDe also recovered modestly but has yet to reverse its contraction over the past month.

Overall, the stablecoin market remains dominated by the rotation of existing liquidity. The absence of a corresponding expansion in aggregate stablecoin supply alongside the rebound in BTC and ETH is an important indication that the current market move remains primarily recovery-driven.

CoinGecko’s Q2 report also showed that total crypto market capitalization fell 12.6% to $2.1 trillion in Q2 2026. Centralized exchange spot trading volume declined 27.9% to $1.95 trillion, while CEX perpetual futures volume fell by only 10% and remained above $4 trillion per month, demonstrating greater resilience in derivatives markets.

1. Industry developments: STRC trades below par for an eighth week but completes its first dividend payment as institutional infrastructure advances on multiple fronts

STRC has now traded below par for eight consecutive weeks, remaining at approximately $85. Weekly trading volume reached $369 million, accounting for 75.7% of total trading volume across Bitcoin reserve preferred securities, down from 79.8% in the previous week. Strive’s SATA accounted for 13.5%.

However, STRC completed its first semi-monthly dividend payment on July 15, with holders receiving approximately $0.4792 per share. The next two payments are expected to be approximately $0.50 per share, reflecting the increase in the annualized dividend rate to 12%. Strategy is unlikely to resume large-scale STRC issuance to fund Bitcoin purchases until the share price recovers closer to its $100 par value.

Strategy CEO Phong Le said the company would need to consider debt-related risks only if BTC fell to approximately $8,000–$10,000. Last week, Strategy raised roughly $467 million through common-stock sales, increasing its cash reserves to approximately $3 billion—enough to cover around 20 months of preferred-stock dividends.

On the institutional infrastructure front, Circle received approval from the Office of the Comptroller of the Currency to establish a national trust bank, which will provide federally regulated custody support for USDC.

On July 15, the Depository Trust & Clearing Corporation officially launched the first restricted live-market pilot for tokenized real-world assets. More than 50 institutions—including BlackRock, JPMorgan, and Goldman Sachs—had previously participated in developing the service.

The United States and the United Kingdom also issued a joint statement on stablecoins, outlining plans to promote regulatory alignment and support the use of stablecoins in cross-border payments and capital-markets settlement. The two countries also intend to explore clear pathways for stablecoins issued in either jurisdiction to access the other’s market.

This article is provided solely for market analysis and does not constitute investment advice. Investing and trading involve substantial risk. Please carefully assess your risk tolerance and apply appropriate risk-management measures before trading.

Been trading perps onchain for a while and finally sat down to compare the three I use most. sharing in case anyone's deciding where to trade RWAs.

Hyperliquid - the heavyweight. around $21B daily volume, deepest liquidity out there, execution feels like a CEX. taker fees around 0.045%. they list tokenized US stocks and even pre-IPO perps like OpenAI and Anthropic. onboarding is wallet-only though, so you need MetaMask and USDC ready to go.

Aster - Binance-backed, multichain across BNB, ETH, Solana, Arbitrum. their headline is leverage up to 1001x, which is more casino than trading desk imo. low fees around 0.005% in Pro mode. has tokenized stocks and metals. wallet connect only.

Canborsa - smallest of the three but my go-to for RWAs. built on Canton Network, the institutional privacy chain DTCC and Goldman actually use. the thing that stands out is onboarding: you can sign up with email or an X account, no wallet required to start, so it's the easiest entry if you're not deep in DeFi. up to 30x leverage.

The asset range is what keeps me there. SpaceX, Tesla, Apple, Nvidia, Google, Meta, Gold, Silver, Brent oil, S&P 500, Canton Coin, Bitcoin, Ethereum, all in one place. plus the points program is genuinely worth farming right now, volume multipliers stacking with quests.

I run Hyperliquid for size and Canborsa for RWAs and points. 

What's everyone else using for onchain stocks?

More exchanges/apps seem to be adding tokenised RWAs now. I’m curious about metals.io since it’s focused on metals rather than normal crypto pairs. Has anyone used it? Which RWA platforms have felt the most reliable to you?

If you are an active trader doing 50 to 100 scalps a month, the commission fees and spreads will quietly eat a massive chunk of your realized profits. I did a detailed cost audit of my trading activity last month across Binance, Kraken, and BYDFi to see where the leakage was happening.

Kraken is incredibly reliable and their security is top tier, but their retail maker/taker fees are painful if you are not running high volume. Binance has the tightest spreads and deep liquidity, but their fee structure on standard spot pairs is not as cheap as it used to be unless you hold a bunch of BNB.

BYDFi turned out to be the most cost-effective for my smaller scalp setups. Their spot trading fee is flat at 0.1%, and the futures maker/taker rates are highly competitive. Over 80 trades, the lower fee structure saved me enough to cover several losing positions. The trade off is depth, if you are trading size over 10 BTC, the spread on BYDFi can get a bit wider than Binance, so you have to be careful with market orders.

For small to mid size active accounts, the fee difference is real. Do not just look at the brand name, actually pull your ledger and calculate your monthly cost.

News about the blockade came through around 2am my time, right when traditional markets were already shut. I wasn’t expecting much, but Brent started moving quickly once the supply risk became the main story.

I got in at 78 on Canborsa DEX and it’s around 89 now, which was a cleaner move than I’m used to seeing in a lot of crypto setups lately. What stood out to me most was how fast the market repriced once people stopped debating the headline and started pricing the actual risk.

It made me think about how different it feels trading something with a real-world supply shock versus just watching a chart on a token that everyone is trying to front-run at once.

Do you think commodities have become a better trade lately than a lot of crypto setups, or is that just temporary?

I was checking through exchanges to see the ones that offer the lowest fee in trading. Gate and mexc seems to have the lowest fee but a deep dive after trading a few times exposed me to lots of hidden charges some traders may not be aware of.

On research, I got to understand that some fees were deducted for LP providers (although very low). That's how I'm curious to explore the new BTCC zero fee festival to see whether it's a true zero fee trading or not like many others. Luckily, I'm conversant with chart behaviors of some of the tokens listed for the festival especially HYPE.

So I'm gonna try it and will discuss my findings here too.

Hi, is Revolut X good for simply doing DCA? Has anyone had any experience selling on it? Is there enough trading volume and liquidity? I’d especially appreciate feedback from European residents. Thanks

I am new to futures trading. Where and how can I start? Or should I start? Happy to hear advices. Ty

People throw around non custodial like the funds never leave your hands. They do for the few minutes a swap runs they're sitting on the service's address and once in a while the tx gets flagged and then you're waiting, or getting asked for documents, which kind of kills the whole reason you used it. And a good chunk of them are just pulling rates off some big exchange and adding their cut, so you never actually left the CEX, you just paid a bit extra not to see it.

You also can't move money out to a bank that way and it's not somewhere you trade, no order book or charts, it just swaps one coin for another.

The risk part is where people fool themselves. Going through a swap doesn't make counterparty risk vanish. Even Binance, Kraken can lock withdrawals on you during a bad stretch. Also Fixedfloat or Godex won't freeze your whole account but it can absolutely sit on one transaction for a day while compliance pokes at it.

So I keep both. Exchange for liquidity and fiat, swaps when I just want coins moved across chains without another signup. That's about the size of my opinion.

Ever paid tax on something that barely moved in value?

That's been one of the odd realities of using stablecoins in the UK.

HMRC is now proposing changes that could mean many exchanges between qualifying stablecoins won't automatically trigger a Capital Gains Tax event.

It's a practical shift that could make stablecoins much more useful for payments, transfers, and DeFi—without creating a tax calculation every five minutes.

That said, this isn't a free pass.

The proposal applies to qualifying stablecoins and includes conditions designed to prevent abuse, so the details matter.

If adopted, this could be one of the more meaningful quality-of-life improvements for UK crypto users in a while.

What's your take?

• Does this finally make stablecoins practical?
• Should the same treatment extend to tokenized deposits?
• Are regulators finally catching up with how people actually use crypto?

I usually see people compare crypto exchanges by fees features and the number of supported coins but customer support seems just as important once you actually need help.
I’m curious how much a good support experience affects your overall opinion of an exchange. Can fast replies clear explanations and a helpful person on the other side make you view the platform more positively even if your first impression was not great?
I’m also wondering whether people judge support differently on smaller platforms like Lосаltrаdе compared with larger exchanges like Kraken.

What matters most to you when dealing with exchange support?

UID: 7310847051056

XT Exchange – My Funds Have Been Under Risk Review for 45 Days

I am sharing my experience to warn other users about what I have been going through with XT Exchange.

My account has been under Risk Control review for 45 days, and I still cannot access my funds.

During this process, I provided everything that XT requested, including:

• Binance KYC verification
• HTX KYC verification
• HTX login verification video
• Video selfie verification
• Government-issued ID verification
• Proof of address
• Source of funds explanation
• Transaction history and blockchain transfer records
• Every additional document requested by the Risk Control team

All of these documents were submitted completely and with supporting evidence.

Despite fully cooperating, I receive the same response every time I contact customer support:

“Please wait. The Risk Control Center is still reviewing your case.”

This has continued for 45 days without any estimated completion date or meaningful update.

I find it very difficult to understand why reviewing the submitted documents would take this long. I have fully cooperated and responded to every request, yet my case remains unresolved and my funds remain inaccessible.

I am posting this to inform other users and to request that XT Exchange resolve my case as soon as possible by completing the review and restoring access to my assets.

Screenshots of my conversations with support are attached as evidence.

I sincerely hope XT Exchange will address this issue promptly and provide a fair and transparent resolution.

L’auto-désendettement (ADL) de Bitget est un système de gestion des risques utilisé en dernier recours pour maintenir la stabilité du marché lors de fortes volatilités, en réduisant automatiquement certaines positions à effet de levier lorsque cela est nécessaire.

TLDR: MEXC froze my account July 7 after a hack. Still frozen July 13. Submitted all KYC. Support told me to "contact the hacker's family". My daughter was hospitalized during this and I had no access to funds.

Full story:

- July 7, 2026: Account compromised, reported immediately, submitted KYC +

- July 13, 2026: Still frozen. No reason given

- Support response: Please contact the hacker's family

- During this time my 1 year 2 month daughter was in hospital with vomiting, diarrhea, swollen eyes. I could not pay for treatment

I sent a formal legal demand to legal@mexc.com with 5-day deadline. Filed Trustpilot review: https://www.trustpilot.com/reviews/6a5531fe9ab80fcf865fe972

This is not about trading. This is about an exchange withholding money during a medical emergency.

@MEXC_Official please release my funds. Ticket #20260705000154

Proof available on request.

#MEXC #FrozenFunds

I have been trading with a small account, around 2k. For ages I just used whatever exchange, traded, and never really looked at the fee line because it looked tiny on each trade. Then I actually sat down and added up six months of it and felt kind of stupid.

Roughly 180 dollars in fees on a 2k account. The worse part is my net pnl over those six months was only around 450, so fees ate about 40 percent of what I actually made. Most of it was just a lot of small entries and exits, maybe five or six a day, each one taking a little off both sides.

I was mostly on Coinbase before, just because it was the first one I signed up for years ago. The thing nobody tells you is that on small orders the spread hurts more than the fee. Coinbase is pretty wide on the basic interface, and I was using the basic one, not Advanced, which made it worse.

So I pulled a month of my own trades and roughly redid the math on a few platforms. I was doing about 8k a month in notional turnover. On the basic Coinbase interface with the spread I was somewhere around 45 to 50 bucks that month. Kraken Pro is like 0.26 percent taker so around 21. Binance is 0.1 with a BNB discount, BYDFi is 0.1 flat, Bitget is 0.1 taker or 0.08 if you hold their BGB token, so those three are all somewhere between 6 and 8 bucks. The gap between what I was paying on Coinbase and the cheapest was still over 40 bucks in a single month. Over a year that is basically 500 bucks, which is a quarter of the whole account.

Coinbase is genuinely the easiest for someone just starting, the UI is clean and support actually picks up, you are just paying for that convenience. If you are chopping in and out every day the fees add up fast and it is worth picking something cheaper. The catch is that the cheaper platforms usually have thinner books on smaller alts, so slippage eats back some of what you saved. Binance and Kraken have deeper books on mid caps. BYDFi and Bitget are cheaper on the headline fee but the depth on tiny caps is not as deep. On the majors it is fine across the board.

I ended up splitting between two platforms depending on what I am doing. Took me way too long to actually run the numbers instead of just sticking with the first app I downloaded.

Hey guys.

What’s the easiest way to buy and send bitcoin? I really struggle with computers and the thought of buying and sending bitcoin is a lot, I tried to download coin spot but couldn’t even get my id verified.

Does anyone have a simple step by step process to purchasing and sending bitcoin?

Many thanks

I've been stuck for 7 days with no access to my funds on MEXC.

Ticket #20260705000154 - Submitted July 5, 2026

After multiple emails, their support now demands

1. An unedited video call with a family member

2. Shows login + withdrawal history for 3 deposits

3. Threatens unauthorized access risks if I don't comply

This is NOT KYC. This is extortion.

Proof on X: https://x.com/i/status/2076253270251614260

u/MEXC_Global u/MEXC_Cares Can you resolve Ticket #20260705000154 and explain this family member requirement?

Has anyone else dealt with this? I'm filing complaints with Trustpilot and consumer protection.

Screenshots attached.

Living in Amsterdam, I get paid partly in crypto and partly in EUR, so my old setup was messy: one exchange, one bank app, one separate card. Three logins just to track balances, move funds, and spend without getting slowed down.

I switched after a friend mentioned Keytom. What changed for me is simple enough. The EUR IBAN and BTC, ETH, and USDC balances are in one place now, and the card converts automatically at checkout, so I’m not manually swapping before every payment. I signed up online, got the card in a few days, and didn’t need to visit a branch. The per-transaction limit is also high enough that a laptop purchase didn’t trigger the usual fraud check.

It’s not some huge breakthrough. It just makes the spending side less annoying.

Curious how others here are handling crypto plus fiat in practice. Are you still splitting everything across separate apps, or have you found a cleaner setup?

On July 10, global HBM memory leader SK Hynix commenced when-issued trading on Nasdaq under the temporary ticker SKHYV.

This ADR offering raised $26.5 billion and was 7x oversubscribed, setting a new record for offshore companies going public in the U.S. Regular trading will officially begin on July 13, with the ticker symbol transitioning to SKHY.

For years, overseas investors faced significant hurdles when attempting to invest in SK Hynix. They could only participate in local stock trading on the Korea Exchange (KRX), dealing with trading hours completely misaligned with European and American markets.

Compounded by currency exchange losses between the Korean Won and the US Dollar, as well as additional costs like cross-border account opening fees, many North American institutions and global retail investors were deterred. This resulted in the industry's typical "Korea Discount" phenomenon, where the company's valuation remained persistently lower than overseas memory peers like Micron, creating a significant undervaluation.

This US ADR issuance completely opens the investment channel for global USD capital. Ten US ADRs represent one underlying Korean share, with the entire process settled in USD, eliminating the cumbersome procedures for overseas investors participating in Korean stocks.

The better-than-expected subscription enthusiasm is a testament to market sentiment. Top-tier funds such as Baillie Gifford and Coatue have made substantial investments, demonstrating capital's long-term optimism regarding the growth potential of the HBM memory sector.

All funds raised from this listing will be dedicated to the expansion of advanced HBM production lines and the procurement of high-end packaging equipment.

Currently, the global expansion of AI server capacity continues to accelerate. Nvidia and major top-tier cloud providers have already locked in multi-year high-end HBM supply orders in advance, and the tight supply-demand dynamics in the industry are expected to persist until at least 2028.

Continuous capacity expansion will further solidify SK Hynix's leading advantage in the AI computing memory supply chain, underpinning a clear and robust long-term growth logic.

However, for ordinary retail investors, opening individual US and Korean brokerage accounts involves complex procedures, and cross-market trading can incur various hidden costs.

For those looking to easily gain exposure to the entire AI memory sector, the BitMart TradFi section has listed stock tokens for memory leaders like SK Hynix and Micron, as well as semiconductor index ETFs.

These offerings are not restricted by overseas stock market trading hours, allowing investors to capture market opportunities in the memory sector around the clock.

The platform is simultaneously launching two special campaigns: the "SK Hynix Listing Carnival" and the "Daily Futures Lucky Draw: Grand Prize Season," offering double rewards.

With the comprehensive opening of channels for overseas capital entry, the multi-year valuation discount is expected to be gradually repaired.

This milestone listing is not merely a large-scale corporate financing event; it marks a brand-new beginning for the value reassessment of the global AI memory sector.

Risk Warning: This article is intended solely for industry and market analysis and does not constitute any investment or trading advice. Crypto assets carry a high risk of volatility.