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6/15
19:55
Svmuu News: A federal judge has dismissed xAI’s trade secret lawsuit against OpenAI and denied its motion to amend the complaint. U.S. District Judge Rita Lin ruled that xAI failed to prove that OpenAI induced its former engineer to disclose trade secrets related to the Grok chatbot during the hiring process. The judge noted that simply asking job applicants to discuss their past work is part of standard hiring procedures and does not constitute inducing them to disclose confidential information. Accepting xAI’s line of reasoning could expose employers to legal risks whenever they ask job applicants about their prior work. Previously, Elon Musk had sued OpenAI, Sam Altman, and co-founder Greg Brockman for deviating from their nonprofit mission; that lawsuit was dismissed by a federal jury last month. (Decrypt)
19:53
Svmuu News: U.S. President Donald Trump, who is currently attending the G7 summit in France, posted on social media: “Iran has agreed to never possess nuclear weapons! Reports that ‘the U.S. will pay Iran $300 million’ are fake news spread by Democrats.” It remains unclear exactly what Donald Trump is referring to when he mentions “$300 million.”However, one of the 14 clauses in the U.S.-Iran Memorandum of Understanding disclosed by Iranian media yesterday that involves a specific amount states: The U.S. and its allies must propose a reconstruction plan for Iran worth at least $300 billion. (CCTV International News)
19:53
Svmuu News: According to Onchain Lens, an OTC whale (0xFB7) deposited 29,000 ETH, worth $53.1 million, into FalconX, realizing a profit of $6.41 million on the transaction. Currently, the whale holds 128,000 wsETH, equivalent to 158,248 ETH, valued at $283.42 million.
19:53
Svmuu News: Barclays believes that the sell-off in gold triggered by the Middle East conflict is not a trend reversal, but rather a market reset. The bank noted that the sharp strengthening of the U.S. dollar, the shift of risk capital from defensive assets to the stock market, and excessive concentration of positions have accelerated the decline in gold prices. Barclays estimates that the combined impact of the stronger dollar and a 10% rise in the S&P 500 index caused gold prices to fall by about 10%, with the remainder of the decline attributable to position unwinding. Gold is currently trading near the bank’s fair value estimate of $4,150. Barclays maintains its gold price forecasts of $4,791 and $4,900 per ounce for 2026 and 2027, respectively, but acknowledges that these forecasts face some downside risks in the short term. The bank believes that persistent inflation, policy uncertainty, and central banks’ continued efforts to diversify foreign exchange reserves are structural factors underpinning the long-term bullish trend, while a re-established weakening of the U.S. dollar and the resumption of sustained central bank purchases are the two key conditions driving a rebound in gold prices.
18:41
Svmuu News: Approximately one month after the first spot HYPE ETFs listed, early trading data has been strong, indicating demand among institutional investors for exposure to Hyperliquid. Currently, three issuers offer HYPE investment products through regulated brokerage channels, including 21Shares’ THYP, Bitwise’s BHYP, and Grayscale’s HYPG. Since their launch, the three products have recorded a cumulative trading volume of nearly $900 million, with net inflows reaching $153 million. However, trading activity varies across the products: BHYP and THYP account for the majority of volume, while the later-launched HYPG is still in the early stages of building volume. Unlike some tokens that rely primarily on speculative demand, HYPE’s value proposition is more directly tied to trading activity on Hyperliquid. Approximately 97% of Hyperliquid’s trading fees are allocated to the Assistance Fund, creating a link between trading volume and token demand through an automatic buyback mechanism.
18:39
Svmuu News: Following SpaceX’s listing on Nasdaq last Friday with a valuation exceeding $1.7 trillion, trading volume for the SpaceX-related HIP-3 perpetual contract (SPCX) on Hyperliquid surged.Data shows that the xyz:SPCX trading pair recorded a daily trading volume of $1.4 billion, accounting for 30% of all HIP-3 trading volume that day. By comparison, in the three weeks leading up to SpaceX’s IPO, the average daily trading volume for xyz:SPCX was only about $26 million, indicating that the IPO event significantly amplified trading activity in on-chain stock-related derivatives. Looking at the broader HIP-3 ecosystem, the cumulative trading volume of stock-linked perpetual contracts in the first half of June exceeded $18.8 billion, significantly higher than the combined $7.66 billion for WTI and Brent crude oil perpetual contracts. This indicates that as high-profile stocks like SpaceX enter the on-chain trading landscape, platforms such as Hyperliquid are becoming key gateways for crypto users to trade exposure to traditional assets, with the activity in stock-linked perpetual contracts now surpassing that of some traditional commodity markets.
18:35
Svmuu News: Susie Ward, CEO of Bitcoin Policy UK and a supporter of Bitcoin, stated that although she is a shareholder in Strategy herself, she is concerned about the way Michael Saylor is promoting STRC, believing he has not adequately explained the risks associated with the product. STRC is a perpetual preferred stock issued by Strategy that offers an 11.25% dividend yield. Strategy raises funds by selling these preferred shares and uses the proceeds to continue purchasing Bitcoin, in line with its long-term BTC accumulation strategy. Ward stated that when Saylor showcased STRC returns in related videos, it gave the impression that there was “no risk,” a characterization she deemed “dishonest.” She is particularly concerned that investors may underestimate the structural risks underlying the model of financing the purchase of Bitcoin through high-dividend preferred shares.
18:34
Svmuu News: Standard Chartered Bank has initiated coverage of the decentralized exchange protocol Uniswap and predicts that its UNI token could rise from its current price of approximately $2.70 to $100 by the end of 2030—a nearly 40-fold increase. Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered, stated that the next wave of wealth opportunities in the digital asset sector may come from DeFi protocols. The core logic is that the scale of tokenized assets entering DeFi will grow significantly, thereby expanding the asset base and fee potential for protocols like Uniswap. Standard Chartered forecasts that the value of on-chain tokenized assets will grow from the current level of approximately $340 billion to $4 trillion by the end of 2028; of this, the proportion entering DeFi is expected to rise from the current 3.5% to 30% by the end of 2030.Combined with the growth of crypto-native assets, total assets locked in DeFi could reach approximately $2.7 trillion, representing a roughly 37-fold increase from current levels. Kendrick believes that if Uniswap can successfully commercialize its platform and establish partnerships with traditional financial institutions on a sufficient scale, the valuation multiple between its market capitalization and transaction fees is expected to increase, narrowing the gap with centralized exchanges such as Coinbase. Standard Chartered’s projected price path for UNI is as follows: $6.50 by the end of 2026,$20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030, and expects UNI to potentially outperform ETH and BTC during this period.
18:32
Svmuu News: IREN, an AI infrastructure company that evolved from the mining firm Bitcoin, has announced the acquisition of Ingenostrum, S.L.—the Spanish AI data center developer also known as the Nostrum Group—marking its official entry into the European market. The transaction adds approximately 490 megawatts of secured, grid-connected power resources to IREN’s portfolio and brings a pipeline of AI data center development projects in Spain. The Nostrum team consists of more than 50 employees covering development, engineering, construction, and operations. IREN stated that Europe is one of the world’s largest and fastest-growing AI infrastructure markets, and that Spain, with its abundant renewable energy resources and strong fiber-optic connectivity, serves as a key gateway to the European market. This acquisition is the latest step in IREN’s transformation from a pure-play mining company focused on the “Bitcoin” to a global provider of AI and high-performance computing infrastructure.Previously, IREN announced plans to build an 800-megawatt data center campus in South Australia and has signed a multi-billion-dollar AI cloud agreement with Microsoft and established a partnership with NVIDIA. Following the news, IREN’s stock price rose nearly 4% on Monday, trading at approximately $62.
18:28
Svmuu reports that SpaceX (SPCX.O) has extended its gains to 19.5% and is currently trading at around $192.50.
18:27
Svmuu reports that SpaceX (SPCX.O) has extended its gains to 19.5% and is currently trading at around $192.50.
18:24
Svmuu News: According to OKX market data, ETH has fallen below 1,800 USDT and is currently trading at 1,799.18 USDT, with its 24-hour gain narrowing to 4.48%.
12:40
Svmuu News Donald Trump On the 15th, while attending the G7 summit in Evian-les-Bains, France, Donald Trump stated that restoring navigation in the Strait of Hormuz “does not require much (external) assistance.” made these remarks during a meeting with French President Macron.Earlier that day, Macron stated that several European countries were prepared to participate in escort operations in the Strait of Hormuz.The G7 consists of the United States, the United Kingdom, France, Germany, Italy, Canada, and Japan. France holds the rotating presidency of the G7 this year. This year’s G7 summit is being held in Evian-les-Bains, France, from the 15th to the 17th. (Xinhua News Agency)
12:25
Svmuu News: According to OKX data, JTO has briefly surged past $0.80 and is currently trading at $0.78, with a daily gain of over 45%.
12:20
Svmuu News Donald Trump reports that the U.S. may or may not participate in the signing of the Iran deal. U.S. Vice President Vance will travel to the signing ceremony, and the text of the Iran deal will be released sometime after Friday. Sanctions against Iran will not be lifted until Iran fulfills its obligations. (Jin Shi)
12:11
Svmuu News Donald Trump reports that the Strait of Hormuz was fully reopened on Friday. All agreements have been signed, and importantly, oil prices have fallen sharply while stock markets are rising. (Jin Shi)
11:59
Svmuu News: According to data from 8Marketcap, SpaceX has surpassed TSMC with a market capitalization of $2.327 trillion, ranking 8th globally in terms of market value, currently trailing Amazon ($2.65 trillion).Bitcoin currently has a market capitalization of $1.34 trillion, up 4.47% over the past 24 hours, moving up to 16th place in the global asset rankings.
11:56
Svmuu News: Concerns have been mounting in the market recently that Strategy (MSTR) may be heading into a "death spiral sell-off,"amid reports that the price of Bitcoin had briefly fallen to around $60,000, sparking discussions about the stability of its leveraged treasury model. However, Wall Street firms such as Benchmark and TD Cowen have released reports explicitly refuting this pessimistic narrative and maintaining their “Buy” ratings on Strategy. Benchmark analyst Mark Palmer stated that the “death spiral” hypothesis overlooks multiple layers of buffers: before any large-scale sale of “Bitcoin,” the company would first need to deplete approximately $1 billion in cash reserves to cover dividend payments, and its current $55 billion in “Bitcoin” reserves also provide a strong buffer.STRC is a class of perpetual preferred stock designed to maintain a price of approximately $100 and provide a floating annualized yield of about 11.5%. Analysts believe this mechanism creates a cycle of “yield demand → financing → increased BTC holdings,” which is viewed as the core funding engine of its long-term treasury model. TD Cowen noted that even during periods of significant pullbacks in the Bitcoin price (Bitcoin), the STRC structure demonstrated low volatility, helping to stabilize the capital structure and positioning it as a “yield and capital preservation tool” rather than merely a high-risk speculative instrument.However, there are also critical voices in the market suggesting that this structure could create a risk mechanism akin to a “negative feedback loop,” potentially triggering asset sell-off pressure under extreme conditions. (The Block)
11:49
Svmuu News: A senior U.S. official stated that details of the U.S.-Iran memorandum of understanding will be released within the next 24 to 48 hours, The memorandum of understanding includes a potential $300 billion fund for Iran’s reconstruction. The U.S. and Iran will begin technical talks later this week, with the unfreezing of funds and the easing of sanctions contingent on specific performance. (Jin Shi)
11:47
Svmuu News: According to Reuters, U.S. President Donald Trump and Vice President Vance have signed a memorandum of understanding between the United States and Iran, and the Speaker of the Islamic Consultative Assembly of Iran has also signed it. (Xinhua News Agency)

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