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7/10
20:30
Svmuu News: The U.S. Department of Justice plans to drop charges against Matthew Goettsche, founder of BitClub Network. Goettsche was charged with operating a cryptocurrency Ponzi scheme involving $722 million and was originally scheduled to stand trial in October.On July 8, Goettsche’s legal team notified the judge that the two sides had reached an “agreement in principle” to resolve the pending charges. The case has been ongoing for seven years since 2019, and three co-defendants have already pleaded guilty.Goettsche assembled a legal team with ties to the Donald Trump administration to lobby on his behalf, including Florida attorney Bradford Cohen—who appeared on *The Apprentice*—and Brett Tolman, who previously helped a client secure a pardon from Donald Trump.
20:30
Svmuu News: Apple has filed a lawsuit against OpenAI, alleging that OpenAI stole trade secrets through coordinated actions to obtain information about Apple’s unreleased products. Apple claims that OpenAI encouraged its employees to share information, components, blueprints, and other materials related to unreleased products in order to develop its own full line of hardware products. Apple is demanding that OpenAI cease such conduct, destroy all Apple-proprietary materials, and redesign its upcoming products to ensure they do not incorporate any Apple technology.
20:30
Svmuu News: In response to Apple's lawsuit, OpenAI stated that it has no interest in other companies' trade secrets and remains focused on developing innovative technology.
20:21
Svmuu News: According to data from SoSoValue, the XRP spot ETF recorded total net inflows of $107,400 yesterday (July 10, Eastern Time).
Yesterday, only the 21Shares XRP ETF (TOXR) saw net inflows, with a single-day net inflow of $107,400; its cumulative net outflow to date stands at $20,059,200.
As of press time, the total net asset value of the XRP spot ETF stood at $997 million, with an XRP net asset ratio of 1.45%; cumulative net inflows have reached $1.48 billion.
20:21
Svmuu News: According to data from SoSoValue, the HYPE spot ETF saw total net outflows of $5.7251 million yesterday (July 10, Eastern Time).
The HYPE spot ETF with the largest net outflow yesterday was the Bitwise Hyperliquid ETF (BHYP), which saw a single-day net outflow of $3.7774 million; its total historical net inflow currently stands at $131 million.
Next was the 21Shares Hyperliquid ETF (THYP), which saw a single-day net outflow of $1.9477 million; its total historical net inflows currently stand at $55.0473 million.
As of press time, the total net asset value of HYPE spot ETFs stood at $351 million, with a HYPE net asset ratio of 2.35% and cumulative historical net inflows reaching $309 million.
12:44
Svmuu News: It has been reported that Bybit Alpha and Byreal have now launched $SKHY trading. SKHY is a tokenized security for SK Hynix launched by Sunrise and issued by Backpack Securities, providing users with a channel to invest in SK Hynix-related assets on-chain.
At the same time, Bybit Alpha has launched the “Token Splash” trading competition, where users can participate in the reward distribution by trading $SKHY.
12:33
Svmuu News: According to Lookonchain’s monitoring, Galaxy Digital has transferred 2,500 BTC—worth $160 million—over the past hour, with most of the funds flowing into exchanges.
12:29
Svmuu News: Tim Hawkins, a spokesperson for U.S. Central Command, stated that there are currently “no operational updates” following President Donald Trump’s announcement that the ceasefire with Iran has ended. Donald Trump posted on social media that day, stating that the U.S. had clearly informed Iran that “the ceasefire has ended.”When asked whether the end of the ceasefire meant U.S. forces would resume airstrikes, Hawkins said he would not speculate on future operations. However, he noted that U.S. forces in the region remain “vigilant, lethal, and ready to carry out operations ordered by the Commander-in-Chief.” (CCTV News)
12:25
Svmuu News: Bitget has launched SKHYUSDT perpetual contracts with a maximum leverage of 20x. The contract trading bot will be available simultaneously.
12:19
Svmuu News: According to the Iranian media outlet Fars News, sources close to the Iranian negotiating team have stated that reports of a new round of talks between Iran and the United States next week are untrue, and have denied reports that preparations for negotiations between the two sides in Islamabad have been completed. (Jin Shi)
12:03
Svmuu News: Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), posted on X stating that innovators and market participants in the crypto industry need clear regulatory expectations, and that the CLARITY Act will establish a comprehensive regulatory framework for digital assets. The future development of the U.S. crypto market requires a regulatory environment with certainty, and the CLARITY Act can provide “forward-looking” regulatory rules for digital assets. If the U.S. hopes to maintain its position as a global hub for cryptocurrency, this bill is “legislation that must be passed.”
The CLARITY Act aims to further clarify the division of regulatory responsibilities in the digital asset market and establish an institutional framework governing crypto asset trading, market structure, and regulatory authority. Supporters believe the bill will help reduce regulatory uncertainty and promote the growth of businesses and capital in the U.S. market. Mike Selig has previously emphasized on multiple occasions the need for clear, enforceable regulatory rules to support digital asset innovation while ensuring market safety and investor protection. This statement further reflects the trend among U.S. regulators to promote greater regulatory clarity in the crypto industry.
11:58
Svmuu News: Barclays believes the risks surrounding its forecasts for Brent crude oil prices—$96 per barrel in 2026 and $85 per barrel in 2027—are fairly balanced. (Jin Shi)
11:55
Svmuu News: According to data from MSX.COM, Micron (MU.O) shares continued to fall, with the latest drop of about 3%; SK Hynix Nasdaq shares have begun trading.
11:51
Svmuu News: Bitget has launched the SK Hynix (rSKHY) rToken on its spot stock market. From now until July 17, users trading rSKHY will enjoy zero trading fees.
In addition, the platform is simultaneously launching an exclusive promotion for new users, with a total prize pool equivalent to 50,000 USDT in SK Hynix. During the event period, newly registered users who complete a net deposit of at least 1,000 USDT and their first trade will receive a random reward of 10–88 USDT worth of rSKHY.New users who trade rSKHY and meet the cumulative trading volume requirements can also unlock stock rewards based on corresponding tiers, with a maximum of 888 USDT worth of rSKHY available per user. The promotion runs from July 10 to July 17.
Reportedly, rTokens—identified by the letter “r” followed by a stock ticker (e.g., “NVIDIA” for rNVDA)—are issued by Reality, a licensed RWA protocol under Bitget. Through a partnership with the compliant brokerage firm Alpaca, they connect directly to global liquidity pools such as Nasdaq and the New York Stock Exchange.Key features include: 1:1 reserves of underlying assets held by a licensed custodian; stock dividends distributed 1:1 in token form; support for synchronous mapping of corporate actions (such as stock splits and reverse splits); and the ability to use holdings as joint margin for unified accounts and U-denominated contracts.
11:43
Svmuu News: According to data from MSX.COM, SK Hynix’s ADR rose 17.29% to $174.760 per share after trading began, with a total market capitalization of $1.27 trillion.Meanwhile, Micron’s stock price fell 2.25% to $969.297 per share, with a total market capitalization of $1.09 trillion.
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)

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