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7/4
05:04
Svmuu News: The Baoshan District Procuratorate in Shanghai yesterday announced a case in which the defendant, Huang, illegally crossed the border to participate in telecommunications fraud, inducing victims to invest in cryptocurrency. After the Mawaddy Park in Myanmar was shut down, he continued to participate in “pig butchering” scams, Using AI face-swapping and foreign models to communicate, he gained victims’ trust and guided them into cryptocurrency investments. Team leaders would then take over, tricking victims into registering on fake websites, depositing funds, and investing. Ultimately, the court sentenced him to two years and six months in prison for fraud and imposed a fine of 30,000 RMB. (CCTV News)
04:45
Svmuu News: According to Hyperbot data, Huang Licheng, also known as “Big Brother Maji,” has just opened new long positions in BTC and HYPE. His total position is currently valued at approximately $570,000, with a return on investment of 125%. The specific positions are as follows:
1. 25x leverage long position on Ethereum: 6,100.0000 ETH, with a current average entry price of $1,668;
2. 40x leverage Bitcoin long position: 9.00000 BTC, with a current average entry price of $62,519;
3. 10x leverage HYPE long position: 2,100.00 HYPE, with a current average entry price of $71.
04:32
Svmuu News: According to Onchain Lens, the UXLINK hacker exchanged $10.54 million worth of DAI for 6,001 ETH at an average price of $1,757, and then transferred the funds to Tornado Cash.
04:12
Svmuu News: CryptoQuant data shows that Bitcoins have exhibited a clear pattern of “diminishing returns on capital” across historical bull and bear cycles; as the asset base expands, the price increase generated per unit of new capital continues to decline:
In the 2011 cycle, approximately $2.8 billion in net inflows drove Bitcoin up by about 55,000%;
In the 2015 cycle, approximately $69 billion in net inflows corresponded to a price increase of about 10,000%;
In the 2018 cycle, approximately $365 billion in net inflows corresponded to a price increase of about 2,000%;
The current cycle, which began in 2022, has attracted approximately $697 billion in capital, but the price increase has been about 689%.
The data is based on “Realized Capitalization,” which is calculated using the last transaction price of each coin and is used to approximate the actual scale of capital inflows.Ki Young Ju, founder of CryptoQuant, stated that for Bitcoin to experience another parabolic rally, it may require more than $1 trillion in new capital inflows to further solidify its status as a macro asset—rather than merely an ETF-driven trading asset.
Ki Young Ju also pointed out that the U.S. spot Bitcoin ETF has recently experienced net outflows, and structural market demand remains in a transition phase. Analysts believe this trend reflects a natural decline in the marginal returns of Bitcoins as their market capitalization expands; unless there is significant institutional capital inflows, it will be difficult for high-multiple growth to replicate the performance seen in earlier cycles. (CoinDesk)
04:08
Svmuu News: CryptoQuant analyst Axel Adler posted on X that Bitcoin has entered the late stages of a bear market cycle, with the ETF sector showing the first signs of easing pressure. During the latest trading session,U.S. spot Bitcoin ETFs recorded $223 million in net inflows, with the majority of funds flowing into Fidelity’s FBTC ($166 million) and ARK Invest’s ARKB ($91.8 million).
04:07
Svmuu News: Data shows that in the first half of the year, South Korean investors poured a cumulative $2.819 billion into Chinese assets through both individual stocks and ETFs: Purchases of A-shares surged 130.55% year-over-year, with Northern HuaChuang and Cambricon ranking among the top in terms of purchase volume; In the Hong Kong stock market, SMIC and MiniMax led in purchase volume. A Standard Chartered Bank analyst stated bluntly that overseas investors’ attitude toward Chinese assets “has undergone a fundamental shift.” Among them, semiconductor equipment company Northern HuaChuang topped the list with approximately $33.94 million in purchases, with Cambricon ($27.28 million) close behind and CATL ($12.54 million) in third place.
Beyond semiconductors, South Korean capital is also spreading to a broader range of computing infrastructure, including servers, data centers, and power and network support facilities. (Everyday Economic News)
04:06
Svmuu News: According to GMGN market data, the market capitalization of “manlet,” a meme coin in the Solana ecosystem, briefly surpassed $15 million, hitting an all-time high, before falling back to approximately $13.3 million, marking an intraday gain of over 600%.
Svmuu reminds investors that meme coin prices are highly volatile, driven primarily by market sentiment and speculative hype, and lack clear real-world use cases; investors should be aware of the associated risks.
04:05
According to PPP’s prediction market tracking, in the multiple-choice prediction event on Polymarket titled “Which team will LeBron James play for next season?”, the probability of him joining the Philadelphia 76ers has risen sharply to 18%, up from just 0.3% two days ago; Currently, the probability of him joining the Golden State Warriors has dropped to 18%, a 16% decline over the past 24 hours; the probability of him joining the Cleveland Cavaliers stands at 41%, up 1% over the past 24 hours.
Having achieved its core objectives of signing Ben Simmons and completing the Jaylen Brown trade, the Philadelphia 76ers have now met LeBron James’ recruitment requirements for his next team. ESPN senior reporter Brian Windhorst publicly explained that James explicitly required that any team recruiting him must first make substantial moves to strengthen their roster. If James ultimately joins the team, the Philadelphia 76ers will be able to field a starting five of Maxey, Edichukum, Jalen Brown, James, and Embiid next season.
Svmuu Seer continues to monitor prediction markets, spotting changes before they are priced in.
03:17
Svmuu News: Leto Bao, who gained fame for his post “Earned 30 Million on ByteDance Stock,” published an analysis of the recent sharp decline in the storage sector, stating that a combination of institutional investors pulling out en masse and margin funds facing forced liquidation triggered a chain reaction of liquidations, causing the market to spiral downward. He believes that a moderate reduction in leveraged funds is more beneficial for the market’s long-term healthy development.
Furthermore, Leto Bao noted that investing requires establishing one’s own research framework and convictions, and he advised retail investors to choose investment strategies based on their individual risk tolerance: those facing significant financial pressures should prioritize reducing leverage; those lacking savings should focus on increasing their earning capacity; and those with some capital but limited investment experience should prioritize index funds over individual stocks.
02:32
Svmuu News: The Jupiter Strategic Reserve Trust Fund, Jupiter Litterbox Trust, increased its holdings by 186,546 JUP yesterday, worth approximately $45,000. So far this month, it has purchased a total of 1,226,119 JUP, worth approximately $300,000. To date, its total purchases amount to 145,028,229 JUP, valued at approximately $34.8 million. The Jupiter Litterbox Trust is Jupiter’s official on-chain treasury fund, which automatically transfers 50% of the Jupiter protocol’s revenue and uses smart contracts to continuously purchase and hold JUP tokens on the open market for the long term.
01:40
Svmuu News: Bitdeer posted on X stating that for the week ending July 3, its Bitcoin mining operations yielded 223.1 BTC, and it sold 223.1 BTC during the same period, resulting in a net increase of 0 BTC. It currently maintains a zero position in Bitcoin.
01:30
1. Strategy holds 1.3 times the total amount of Bitcoin held by governments worldwide;
2. CryptoQuant: A surge in BTC and altcoin deposits on exchanges may signal increased market volatility;
3. A U.S. senator has proposed a ban on elected officials and the president issuing or sponsoring personal tokens;
4. TradingView has added support for Hyperliquid and Trade[XYZ] market data;
5. Donald Trump has granted pardons to 11 people; SBF is not on the list, and his remarks at today’s celebration are the focus of attention;
6. Moonbeam will transition into an AI agent communication and settlement network; GLMR is migrating to Base;
7. SharpLink Co-CEO: Ethereum has over 900,000 validators, while Solana has fewer than 800;
8. SemiAnalysis: NVIDIA’s share of system memory spending is projected to exceed 40% by 2027;
9. Sui: LoquaApp launches a privacy-first messaging app; the Sui Tunnels experiment will open TPS stress testing.
01:28
Svmuu News: The Central Bank of Brazil stated at a hearing of the Congressional Committee on Economic Development that stablecoins should be considered electronic money instruments rather than digital assets.Fábio Araújo, an advisor to the Central Bank of Brazil’s Financial System Supervision Department, noted that digital assets such as Bitcoin and Ethereum possess scarcity, transferability, and verifiability, whereas stablecoins are different and should be understood as monetary instruments when they function as a means of payment.The Brazilian Congress is preparing to review Bill No. 4308/2024, introduced by Congressman Aureo Ribeiro in 2024, to clarify regulations governing stablecoins. The Brazilian Crypto Economy Association (Abcripto) opposes this classification; the association’s members include Binance, Coinbase, Fireblocks, Visa, Tether, OKX, and Ripio.Abcripto stated that this classification would lead to regulatory conflicts, impact the adoption of stablecoins by Brazilian institutions and retail investors, and hinder virtual asset service providers. The Central Bank of Brazil also recently issued a new resolution elevating its oversight of virtual asset service providers to the same level as that of securities firms. (Bitcoin.com News).
01:27
Svmuu News: On July 3, Goldman Sachs. maintained its “Buy” rating on MiniMax Group with a target price of 860 HKD.The report indicates that the MiniMax M3 model is priced the same as the M2.7. Through upgrades to its training and inference architectures, its inference efficiency has more than doubled, which is sufficient to offset the cost increase resulting from the doubling of model parameters.This week, DeepSeek announced that the official version of V4 is scheduled to launch in mid-July, along with the introduction of a time-of-day pricing mechanism, under which the call price during peak hours will be twice the normal rate. Goldman Sachs believes that DeepSeek’s price hike indirectly confirms the MiniMax M3’s high cost-effectiveness. The upcoming larger versions of the M3 series and the H3 video model are also viewed as catalysts for the next phase. (Jin Shi)
01:07
Svmuu News: The Major County Sheriffs Association (MCSA) stated in a letter to U.S. Senate Banking Committee Chairman Tim Scott and Senator Elizabeth Warren that it has changed its position on the CLARITY Act to “neutral” after some of its concerns regarding Section 604 of the bill were addressed. Section 604 pertains to the Blockchain Regulatory Certainty Act, which aims to protect developers from liability for illegal activities conducted by users on their decentralized platforms. The MCSA had previously argued that Section 604 could provide criminals with exploitable loopholes, making it more difficult for law enforcement to investigate crypto-related crimes. The MCSA said it still hopes the CLARITY Act will amend Section 309 to include state law enforcement agencies; that section requires the U.S. Department of the Treasury to study decentralized finance and illicit financial risks. (Cointelegraph).
00:58
Svmuu News: U.S. President Donald Trump said that Iran is very eager to reach an agreement; Iran was given a week off due to Khamenei’s funeral.
00:46
Svmuu News: Offramp, a crypto-native cross-border financial platform primarily targeting freelancers in Latin America, has announced it will cease operations. Features such as transfers, QR code payments, deposits, and investments were disabled on July 1. Starting July 31, Offramp will stop processing fiat currency deposits and withdrawals as well as cryptocurrency deposits, deactivate physical and virtual cards, and discontinue its mobile app. On September 30, Offramp will stop processing cryptocurrency withdrawals. On December 31, all Offramp savings and investment accounts will be closed, and the platform will officially cease operations.
00:45
Svmuu News: According to Onchain Lens, a newly created wallet deposited 52.67 BTC into HyperLiquid for sale, worth $3.26 million, It then opened a 20x leveraged long position of 14.189 million XRP, valued at $16.3 million; the position currently shows a floating profit of approximately $477,000.
00:28
Svmuu News Polkadot The parallel chain Moonbeam has announced that it will launch the all-new Moonbeam Protocol, transforming into a decentralized AI agent communication and settlement network designed for the future of the on-chain economy.
At the same time, the GLMR token will be migrated to Base at a 1:1 ratio, becoming a native ERC-20 token. The cross-chain migration is now open and will close on July 31, 2026. Officials stated that users holding GLMR on centralized exchanges do not need to take any action.
00:09
Svmuu News: According to Onchain Lens, the Kingdom of Bhutan deposited 700 BTC, worth $43.75 million, from addresses (bc1qk0...ajszl and bc1q3x...kn09u) to Binance.

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