BlockBeats News, July 21st, the Joint Maritime Information Center (JMIC) stated that the threat level in the Strait of Hormuz remains "critical." (FX168)

BlockBeats News, July 21st, according to an official announcement, Binance has announced that it will delist the AERGOUSDT U Perpetual Futures contract on July 24, 2026, at 14:30 (UTC+8).

BlockBeats News, July 21st - A person familiar with the matter revealed that Intel (INTC.O) plans to lay off employees in its data center department.

BlockBeats News, July 21st, according to The Wall Street Journal report, U.S. Trade Representative Lighthizer said the U.S. is preparing for a new round of tariffs.

BlockBeats News, July 21st, according to Bitget market data, the Japanese Yen fell against the US Dollar, hitting 162.89, reaching its lowest level since 1986.

BlockBeats News, July 21st, Arcus has officially launched 24/7 trading and introduced over 95 stock tokens on the Robinhood Chain, offering zero-fee trading. At the same time, Arcus has also introduced a beta version of its perpetual contract market through its self-hosted decentralized exchange.

In a statement, Arcus said that this launch allows eligible traders to invest in leading companies in fields such as artificial intelligence, semiconductors, space exploration, and quantum computing, including Nvidia, Apple, Microsoft, Tesla, Meta, Alphabet, and Amazon.

Additionally, Arcus has launched a perpetual futures trading market in the testing phase, with the current waitlist registration exceeding 75,000. The platform supports perpetual contract products covering U.S. stocks, exchange-traded funds (ETFs), commodities, and cryptocurrencies, including trading pairs related to SPY ETF, QQQ ETF, GLD ETF, USO ETF, Bitcoin, Ethereum, Solana, and XRP.

Arcus was founded by Eddie Zhang, and its development team comes from the core team behind dYdX.

BlockBeats News, July 21st, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale that has accumulated over $1.09 billion in positions since July added another $9.87 million in WBTC in the past 24 hours. The whale currently holds 49,500 ETH and 600 WBTC (total value of $1.22 billion), with average costs of approximately $1,706 and $63,950 respectively, now showing an unrealized gain of $12.593 million.

BlockBeats News, July 21st, according to Bitget market data, WTI crude oil saw its intraday gain expand to 3%, now trading at $85.40 per barrel.

Brent crude oil rose by 2.16%, reaching $89.40 per barrel.

BlockBeats News, July 21st, according to Bloomberg, Venezuela's largest fintech company Cashea has raised a total of $100 million through two funding rounds. Global investors are betting that the company can achieve growth in a market long constrained by credit access.

Cashea stated that the company completed a $60 million Series B funding round in June, with FinSight Ventures leading the round. Endeavor Catalyst, Plug and Play, U.S. university funds including Washington University in St. Louis, and Latin American investors participated in this round.

Prior to this, Cashea also raised $40 million in a Series A funding round in March, led by Spice Expeditions. This included $20 million in equity financing and $20 million in debt financing provided by Architect Capital.

BlockBeats News, July 21st – Semiconductor and AI independent research firm SemiAnalysis published an article stating that as the demand for AI computing power is rapidly increasing, the data center power supply mode is undergoing a transformation. The reciprocating engine, which was previously mainly used as a backup power supply during grid outages, is now being repositioned as a reliable primary power source for continuous operation. Reciprocating engine manufacturers have already signed contracts this year to supply around 1GW of behind-the-meter power projects, with the annual additional supply expected to exceed 4GW by 2027 and 2028.

After modeling the U.S. grid's carrying capacity, SemiAnalysis pointed out that the existing power surplus is expected to be depleted by 2027 to 2028, and the planned additional utility-scale generating capacity by 2030 is still insufficient to cover the new load demands from data centers. Combining this with their data center model, SemiAnalysis estimates that there are approximately 140GW of potential data center projects that have not yet secured power supply contracts. These projects may heavily adopt behind-the-meter power supply models in the future to bypass the grid expansion bottleneck.

Among various behind-the-meter power technologies, including reciprocating engines, aviation-derived gas turbines, and fuel cells, SemiAnalysis projects that reciprocating engines will occupy the largest share. This is due to their lower costs, rapid deployment, modular scalability, and stronger financing capabilities. Equipment manufacturers such as Caterpillar, INNIO, and Cummins are expanding their capacities to support large-scale deployments in the coming years. As AI data centers continue to expand, on-site self-generation is transitioning from traditional backup facilities to critical energy infrastructure, with reciprocating engines poised to become a key solution to fill the power gap in the era of computing power.