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Onchain gacha sales hit $324M in June despite Bitcoin's 21-month low, showing strong collector demand.

Market News
16 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

In June 2026, onchain gacha—blockchain-based randomized trading card packs—reached a record $324.6 million in sales, marking the fourth consecutive monthly record. This surge occurred even as Bitcoin dropped over 20% to a 21-month low of $58,131, highlighting that demand in this niche is driven by genuine collectors rather than speculative crypto trading. Collector Crypt dominates the market with 64% share, and partnerships with platforms like Jupiter and Rarible are expanding the ecosystem. The category's growth suggests resilience and a distinct consumer base amid broader crypto market downturns, though reliance on a single dominant platform poses risks.

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Okta stock surges on strong Q1 earnings and AI-driven growth

Okta stock surges on strong Q1 earnings and AI-driven growth

Okta reported better-than-expected Q1 results with EPS of $1.05 and revenue of $805 million, driven by high demand for AI security solutions. The company’s new AI products now account for 30% of total bookings, fueling growth in the competitive cyber...

Company Fundamentals
Bullish
2 hours ago
Stocks CRE, ANF, XPON, RDIB, and PSNYW soar on strong earnings, record customers, and new funding.

Stocks CRE, ANF, XPON, RDIB, and PSNYW soar on strong earnings, record customers, and new funding.

Shares of Cre8 Enterprise Limited (CRE) surged nearly 165% after reporting a record 550 customers and a 482% rise in IPO filings in H1 2026. Abercrombie & Fitch (ANF) jumped over 35% following stronger-than-expected quarterly results and raised guida...

Market News
Bullish
2 hours ago
Stocks fall as Greenland Mines plans $20M offering, Qfin reports weak Q2, and Spyre's trial data disappoints

Stocks fall as Greenland Mines plans $20M offering, Qfin reports weak Q2, and Spyre's trial data disappoints

Greenland Mines Ltd. shares dropped nearly 50% after announcing a $20 million public offering, raising dilution concerns. Qfin Holdings saw an 18.9% decline following weaker Q2 revenue and sharply lower profits despite beating earnings expectations. ...

Market News
Bearish
2 hours ago
Box COO Olivia Nottebohm sells 5,834 shares for $188,500

Box COO Olivia Nottebohm sells 5,834 shares for $188,500

Olivia Nottebohm, Chief Operating Officer of Box, sold 5,834 shares of the company, generating $188,500 from the transaction. This insider sale could indicate personal financial planning or a shift in confidence, but without further context, its impa...

Market News
Neutral
3 hours ago
J.M. Smucker posts strong Q1 with 71% earnings jump; BTIG keeps Buy rating and raises price target.

J.M. Smucker posts strong Q1 with 71% earnings jump; BTIG keeps Buy rating and raises price target.

J.M. Smucker reported a strong first quarter with adjusted earnings of $3.24 per share, a 71% increase year-over-year, and revenue of $2.2 billion, beating analyst expectations. The company showed robust financial health with free cash flow of $337.3...

Company Fundamentals
Bullish
3 hours ago
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