📈 Cool PPI extends market run

PPI comes in below expectations, oil continues to surge, and RWA platform gets hacked for $18M

July 16, 2026

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Top Stories

BTC $64,719 (+3.3%) | ETH $1,877 (+5.2%) | SOL $78 (+3.2%)

  • Oil surges over $80 as Iran calls Trump to “settle”

  • PPI comes in well below expectations in its biggest drop since April 2025

  • Blackrock becomes the first investment firm to exceed $15T AUM

  • Trump to meet with Senators today to discuss the Clarity Act

  • Toyota-backed humanoid robotics startup Walden emerges from stealth with a $300M seed at a $1.1B valuation

  • RWA platform Ostium gets hacked for $18M on Arbitrum

  • Binance is building a “super app” to expand into payments and financial services

  • DeepMind's CEO says AGI will be a bigger deal than electricity or fire

  • The UK will defer capital gains tax on DeFi lending and liquidity pool deposits

  • China's new AI companion rules take effect, and users are mourning virtual lovers wiped from Chinese platforms

  • US government moves $288M in seized crypto to Coinbase Prime

  • DeepSeek's annualized revenue hits $400M-$500M as it seeks $7.4B at a $74B valuation

  • Daniel Ek's Neko Health raises $700M at a $7B valuation for AI-based full-body scans