Moonshot's Kimi K3 took the top spot in frontend coding away from Claude and OpenAI, and it's free. Semiconductor stocks fell, and crypto fell with them.
- Bitcoin and other major cryptocurrencies fell after Beijing-based Moonshot AI released Kimi K3, an open-weight coding model that topped Anthropic and OpenAI on a key leaderboard.
- Kimi K3, a 2.8 trillion-parameter mixture-of-experts model with a one-million-token context window, is set for full public release July 27, challenging assumptions that frontier AI capabilities will remain scarce, expensive and U.S.-controlled.
- Bitcoin is increasingly trading as a leveraged bet on the AI capital cycle, with its price now moving in tandem with semiconductor and AI infrastructure sentiment rather than crypto-specific, on-chain developments.
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- 3 Shiba Inu surges 36% as South Korean traders fuel mystery rally 9 hours ago
- 4 Crypto exchange BitMart to shut down after nine years, BMX token crashes 58% 10 hours ago
- 5 Russia’s largest bank Sberbank plans crypto trading infrastructure by December Jul 25, 2026
- 6 North Korea arrests hackers accused of laundering stolen funds from country's bank via crypto Jul 25, 2026
- 7 Democratizing weather derivatives through tokenization could be crypto's most important real-world use case Jul 25, 2026
- 8 Robinhood Chain's real-world assets jump fivefold as tokenized stocks start trading in bigger size Jul 25, 2026
- 9 Senate Dems should accept the victory they won on Trump's crypto limits: White House Jul 24, 2026
- 10 Sam Altman-backed World Network secures $52.5 million in fresh funding to fight online AI deepfakes Jul 24, 2026
Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters :
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Shiba Inu surges 36% as South Korean traders fuel mystery rally
Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%
Saylor and team overhaul Strategy's bitcoin metrics as bear market persists
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