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7/10
11:38
Svmuu News: SK Hynix (SKHY.O) opened 14% higher on its first day of trading on the U.S. stock market, with an opening price of $170, compared to an initial public offering price range of $149. (Jin Shi)
11:38
Svmuu News: According to an official announcement, Binance will launch SKHYUSDTU-denominated perpetual contracts on July 10, 2026, at 15:50 (UTC). These contracts will support up to 50x leverage, with a minimum trade size of 0.01 SKHY,and a minimum notional value of 5 USDT. The contract tracks the stock price of SK Hynix Inc. ADR, with funding rates settled every 8 hours, capped at +2.00%/-2.00%, and an interest rate of 0%. Trading is available year-round, and multi-asset mode is supported.
11:35
Svmuu News: According to AXIOS, a source familiar with the matter revealed that the United States and Iran are expected to hold a new round of talks next week, possibly in Switzerland. (Jin Shi)
11:20
Svmuu News: The cryptocurrency exchange Kraken is preparing to relaunch its mobile app, with AI-powered “Agentic Trading” as one of its core features. The company told CNBC that this move could become a new focal point of competition among cryptocurrency exchanges in the future.Kraken stated that the new platform will offer AI agents capable of continuously monitoring the market, identifying investment opportunities, and executing trades in real time. This feature is designed to help ordinary users gain market analysis and trading capabilities comparable to those of professional traders. Currently, Kraken is joining the wave of AI adoption in the crypto industry.Competitors Coinbase and Gemini have also recently launched AI-assisted trading and developer tools. (CNBC)
11:16
Svmuu News: The U.S. Federal Reserve (Fed) announced that Marc Andreessen, co-founder of a16z, will join the “Productivity and Employment” working group led by Federal Reserve Chairman Kevin Warsh to study the impact of artificial intelligence and emerging technologies on economic growth, the job market, and productivity.Other members of the task force include Charles I. Jones, a professor of economics at Stanford University (currently on leave to work at Anthropic), and Asha Sharma, executive vice president at Microsoft and head of Xbox.
The Federal Reserve stated that the working group will focus on assessing how general-purpose technologies, such as AI, are transforming productivity and the structure of employment, with the aim of informing the central bank’s future monetary policy decisions.
The “Productivity and Employment” working group is one of five policy research groups established since Kevin Warsh took office. Other working groups will focus on areas such as the Fed’s policy communication, balance sheet policy, data quality, and the inflation framework.
Marc Andreessen is the co-founder of a16z, one of Silicon Valley’s most influential venture capital firms, which has long invested in artificial intelligence, cryptocurrency, and tech startups. He has known Warsh for over 30 years; both attended Stanford University in their early years.Warsh has previously stated that both Marc Andreessen and Palantir co-founder Peter Thiel were close friends from his college days.
Marc Andreessen has also publicly supported Warsh’s nomination as Federal Reserve Chair. He once wrote on the social media platform X that Warsh “combines economic and financial insight with a deep understanding of technology and business”.
On June 17, Warsh announced the formation of five new policy research working groups, noting that these topics “are relevant and have significant implications” and require joint research by leading experts from both within and outside the economics community.
Meanwhile, there remain significant divisions within the Federal Reserve regarding the economic impact of AI.
Some officials believe that AI will bring about long-term deflationary effects by boosting productivity, helping to lower costs and drive economic growth; others believe that the current large-scale investment in AI infrastructure is increasing economic pressures and may push up inflation. (Cointelegraph)
11:13
Svmuu News Federal Reserve The semi-annual report indicates that U.S. economic activity will continue to expand steadily overall in 2026, driven primarily by high-tech investment and government spending. Factory output will grow strongly due to investment in AI-related data centers, and production capacity will continue to increase.However, the housing market stagnated, and external economic growth was hampered by the conflict in the Middle East and tariffs. The labor market remained generally stable, with both wages and productivity rising; however, a slowdown in immigration led to a decline in the labor supply, and small businesses and households continued to face tight credit conditions.
Inflation remains elevated and is expected to rise further in the spring, while asset prices are above historical norms.The financial system is generally sound, with banks holding ample reserves; the private credit market continues to function normally despite some redemption pressure. Long-term inflation expectations are largely anchored around the 2% target, but uncertainty stemming from the war in Iran remains a major risk. (Jin Shi)
11:12
Svmuu News: U.S. President Donald Trump said in an interview on Friday: “If Iran succeeds in carrying out a plot to assassinate me, I have left instructions—if anything happens, to launch an unprecedented bombing campaign directly against Iran.”When asked about reports this week that Israel had shared intelligence regarding a plot to assassinate the U.S. president, Donald Trump said Iran had no new plans—but noted that Tehran has been after his life for years. (Jin Shi)
11:10
Svmuu News: SK Chairman Choi Tae-won stated, “We must reduce the cost of AI tokens, and the ‘storage-as-a-service’ model will be another area where we will focus our efforts in the future.” (Jin Shi)
11:09
Svmuu News Federal Reserve released a semi-annual report, which noted that the labor market remains generally stable, with “solid” nominal wage growth accompanied by “strong” productivity gains; bank reserves remain in the “ample” range under the Reserve Management Purchase Operation; and long-term inflation expectations are “generally consistent” with the 2% target.Growth in the first quarter of 2026 was driven by high-tech investment and government spending, while labor supply growth slowed due to a decline in immigration and demographic shifts.
In the first half of 2026, external economic activity was sluggish due to headwinds from the Middle East conflict and U.S. tariffs, though this was partially offset by investment in artificial intelligence.Inflation, which had already been strong, accelerated further in the spring. Inflation remained elevated, driven primarily by tariffs, the war in the Middle East, and AI-related factors. The growth rate of the M2 money supply was moderate, broadly in line with typical growth rates of the 2010s, while small businesses and households continued to face a relatively tight credit environment.
The financial system remained “sound and resilient,” with no change in vulnerabilities. Despite high uncertainty stemming from the war in Iran, economic activity continued to expand at a steady pace. Asset values in stocks, corporate debt, and residential real estate were above historical norms. (Jin Shi)
11:05
Svmuu News: According to Lookonchain data, U.S. ETFs saw net outflows of 1,791 BTC today, valued at $114.58 million, while 7-day net inflows totaled 5,098 BTC, valued at $326.11 million; Ethereum ETFs saw net outflows of 27,487 ETH, valued at $49.09 million, while the 7-day net inflow totaled 37,036 ETH, valued at $66.15 million.
10:57
Svmuu News: SK Hynix announced plans to build approximately 15 gigawatts of data centers in South Korea, with an additional 5 gigawatts to be built overseas. SK Chairman Choi Tae-won stated that demand for memory will not return to normal until artificial intelligence reaches the stage of general artificial intelligence. (Jin Shi)
10:55
According to PPP’s prediction market monitoring, in the Polymarket World Cup quarterfinal prediction event for Spain vs. Belgium, the address “BreakTheBank”—which had earned $980,000 over 7 days—purchased $330,000 worth of bets on Spain not winning in regulation time.
Address: 0xf0318c32136c2db7fec88b84869aee6a1106c80c
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10:51
Svmuu News: SK Group Chairman Choi Tae-won stated that if long-term agreements are signed, the storage industry will no longer be subject to cyclical fluctuations. (Jin Shi)
10:46
Svmuu News: Nu Holdings, the parent company of Brazil’s crypto-friendly digital bank Nubank, has been granted an official banking license by Mexico’s financial regulator, the Comisión Nacional Bancaria y de Valores (CNBV), allowing it to offer services such as payroll accounts, checking accounts, higher-limit deposit accounts, and a wider range of loan products in Mexico. Since entering Mexico in 2019, Nubank has invested billions of dollars and currently has over 15 million customers, representing approximately 15% of the country’s adult population. Founder and Global CEO David Vélez stated that total investment in Mexico is expected to reach approximately $4.2 billion by 2030. (Bloomberg)
10:45
Svmuu News: “The White-Haired Stock Guru” Serenity posted on X, expressing skepticism that retail investors’ excitement over SK Hynix’s listing on Nasdaq stems primarily not from direct investment in the stock itself, but rather from the prospect of more highly leveraged options trading opportunities following the listing.
Serenity wrote: “I have a strange feeling that the real reason retail investors are excited about SK Hynix’s Nasdaq listing is that they can engage in high-risk call option trades, rather than simply buying the stock.”
Previously, SK Hynix completed a $26.5 billion ADR offering, setting a record for the largest amount of capital raised by a foreign company through a U.S. market listing.Its ADR price in pre-market trading briefly rose by about 17% above the offering price, drawing widespread market attention.
Market observers believe that the mature options trading system in the U.S. capital markets may further amplify trading enthusiasm following the IPO of hot tech stocks.In high-growth sectors such as AI chips and semiconductors, retail investors often tend to bet on short-term trends through leveraged options, thereby amplifying market volatility.
However, while options trading can improve capital efficiency, it also carries higher risks. Especially during the early stages of a new stock’s listing, when implied volatility is typically high, investors may face significant losses.
10:41
Svmuu News: SK Hynix Chairman Choi Tae-won said that, following strong returns, the company plans to expand the scale of its American Depositary Receipt (ADR) issuance. (Jin Shi)
10:37
Svmuu News: According to Gate data, both WTI and Brent crude oil prices rose by about $2 in the short term, while spot gold prices fell by $35.
In related news, U.S. President Donald Trump stated that Iran has requested that we continue “negotiations,” and we have agreed, but the U.S. has made it absolutely clear to them: the ceasefire is over.
10:36
Svmuu News: U.S. President Donald Trump has stated that he agrees to continue negotiations with Iran. The United States has notified Iran that the ceasefire agreement has ended. (Jin Shi)
10:31
Svmuu News: According to Onchain Lens, James Wynn (@JamesWynnReal) opened a 50x SP500 short position on Hyperliquid 15 days ago, Since then, the S&P 500 index has risen from approximately 7,300 points to over 7,550 points, triggering multiple partial liquidations. He currently holds 120.9 SP500 short contracts, worth $913,000, with a current loss of $21,000, a return on investment of -115%, and a cumulative historical loss of $22 million. Despite having experienced seven partial liquidations, the trader continues to increase the size of this position.
10:28
Svmuu News: Nick Tomaino, founder of 1confirmation, posted on X stating that bringing real-world assets (RWAs) onto the blockchain will be a key driver of the next phase of the crypto industry’s development and is expected to lead to widespread consumer adoption. The core value of bringing RWAs onto the blockchain lies in enabling users worldwide to access asset classes that were previously difficult to obtain.“Global accessibility” has always been one of the most appealing features of the crypto industry and a key reason for the success of crypto assets such as Bitcoin and Ethereum.
Nick Tomaino believes that crypto assets that drive new behaviors and are built on concepts that go beyond mere monetary value will continue to thrive in the long term.However, as the market gradually recognizes that the cost of creating tokens is near zero, the model of driving price increases solely through token issuance is unsustainable. The growth cycle for a large number of “hype tokens” is coming to an end, and the market will enter a new phase of growth driven by tokens backed by real assets.Currently, stablecoins represent the most mature use case for RWA, and over the next year, the on-chain integration of assets such as stocks, commodities, government bonds, corporate bonds, and real estate is expected to accelerate further.
Nick Tomaino noted that on-chain physical collectibles—such as sports cards and jerseys—may be one of the most promising areas for RWA development and investment at present. As the speculative token cycle gradually recedes, on-chain assets backed by real-world assets and supported by practical use cases will be key to attracting the next wave of users into the crypto market.

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