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7/12
21:52
Svmuu News: According to Gate data, South Korea’s KOSPI index has fallen below 7,100 points, down 5.04% on the day. SK Hynix is currently down 9.6%, and Samsung Electronics is down 5.7%.
21:51
Svmuu News: Claude posted on X stating that it has once again extended the subscription period for Claude Fable 5 by 7 days, until July 19. OpenAI posted on X stating that it has temporarily removed the 5-hour usage limit for Codex; the duration of this suspension is unknown.
Previously, due to ongoing computing capacity constraints, Claude had repeatedly postponed the date for switching Claude Fable 5 to a pay-as-you-go model. Subsequently, some users shared screenshots of high credit card bills and proof of subscription cancellations, stating that if this situation continues, they will switch to OpenAI’s GPT-5.6 Sol or xAI’s Grok 4.5.
21:48
Svmuu News: Zhipu (02513.HK) rose more than 10% after JPMorgan Chase raised its target price for Zhipu once again.
21:40
Svmuu News: On July 13 in Tokyo, Japanese Prime Minister Sanae Takaichi delivered an opening address via video at WebX 2026, an event hosted by Coinpost.
Sanae Takaichi began by extending her heartfelt congratulations on the successful launch of WebX 2026. She noted that Web3, as a next-generation internet ecosystem based on blockchain technology, is seeing continuous progress in its social implementation and has attracted participants from around the world. I understand that this year’s Web conference has attracted approximately 15,000 participants, making it Asia’s largest Web3 event. With numerous startups actively participating and various networking events for investors being held, it serves as an extremely important platform for fostering business collaboration and connections.
The new Takashi cabinet places a high priority on fostering startups. In May of this year, we launched the “Comprehensive Startup Promotion Package,” aimed at strengthening the “Five-Year Plan for Startup Development.” Through the implementation of these measures, coupled with the support of this year’s WebX 2026, I am confident that we will further drive the growth of startups while fostering innovation across various sectors, thereby enabling Japan’s innovation ecosystem to achieve further development and take off.
Finally, I sincerely wish all attendees even greater success in the future and look forward to the resounding success of this conference. Thank you all.
Sanae Takashi: The social applications of Web3 are steadily advancing, contributing to the development of Japan’s innovation ecosystem
21:34
Svmuu News: Shares of South Korea’s SK Hynix fell as much as 8.2% during early trading on the Seoul Stock Exchange on Monday as investors took profits. SK Hynix Nasdaq had surged 12.8% on its first day of trading last Friday.Ryu Young-ho, a senior analyst at NH Investment & Securities, said that investors were taking profits following SK Hynix’s U.S. listing, while market sentiment was also affected by cautious expectations regarding the company’s second-quarter earnings.
He pointed out that investors had originally expected shipments of SK Hynix’s HBM4 chips to grow starting in the second quarter, but this growth does not appear to have materialized on a large scale.Ryu also noted that investors have lowered their earnings forecasts because SK Hynix has greater exposure to the HBM market compared to its competitor Samsung Electronics, and is therefore expected to benefit less from the recent rise in DRAM chip prices. (Jin Shi)
21:29
1. U.S. lawmakers plan to release a new draft of the Crypto Market Structure Act this week;
2. CZ’s donation address has burned 700 million CZ and 400 million TCC;
3. Fox Business crypto reporter: This week’s focus will be on CPI, PPI, Fed remarks, and progress on the Clarity Act;
4. Citrini analyst: SK Hynix’s operating profit is expected to reach 60.4 trillion won, 8% below market expectations;
5. Noxa incurred approximately $7.66 million in fees on Robinhood Crypto over the past 7 days;
6. A whale at Bitcoin, dormant for 7 years, transferred 2,931 BTC, worth approximately $188 million;
7. A whale has shorted $25 million worth of ETH/BTC and increased its ETH holdings by 6,475 over the past six months;
8. Coinbase: The CLARITY Act will strengthen crypto regulation and national security protections.
21:29
Svmuu News: According to data from Gate, South Korea’s KOSPI index fell 4%, dropping below the 7,200-point mark, with SK Hynix down 8.3% and Samsung Electronics down 4.2%.
21:27
Svmuu News BlackRock The total value of tokenized assets on-chain has now reached approximately $2.93 billion. Among these, Ethereum holds the largest share, with on-chain assets valued at approximately $1.1 billion, followed by Avalanche, Solana, and BNB Chain. (Cointelegraph)
21:17
Svmuu News TSMC: Mass production of 2-nanometer chips has begun, and Google has become the first customer to adopt TSMC’s 2-nanometer mobile chips. It will launch a new smartphone in mid-August, one month ahead of Apple. (Taiwan Economic Daily)
21:10
Svmuu News JPMorgan Chase has raised its target price for Zhipu (02513.HK) by 20%. This marks the second time in a week that the firm has raised its target price for this Chinese large-model company, following an increase last Tuesday.The firm stated that the company’s latest fundraising plan will drive revenue growth. Analysts, including Olivia Xu, wrote in a research report that the new funds raised from this $4 billion stock placement will alleviate bottlenecks in computing power supply while supporting future model training investments.
JPMorgan ChaseThe firm noted that the additional inference computing resources are expected to translate into annual recurring revenue (ARR) within 12 months. JPMorgan Chase raised Zhipu’s target price from 2,000 HKD to 2,400 HKD; it had just raised the target price from 1,800 HKD to 2,000 HKD last Tuesday.Additionally, JPMorgan Chase simultaneously lowered its target price for MiniMax (00100.HK). The company’s share lock-up period expired last week, and it announced a fundraising plan; the placement is expected to result in equity dilution, leading to a downward revision of expectations. Following last week’s target price cut, the firm has once again lowered its target price from HK$300 to HK$240. (Jin Shi)
21:03
Svmuu News: According to on-chain analyst Yu Jin, the ETH/BTC exchange rate has recently rebounded from 0.02524 to 0.02855. A whale specializing in ETH/BTC exchange rate trading exchanged 13,708 ETH for 393.4 BTC half an hour ago—worth $25 million—to short the ETH/BTC exchange rate, at an exchange rate of 0.02855. This whale is a crypto-denominated trader; if the exchange rate falls, they can redeem more ETH. Over the past six months, through multiple exchange rate trades, they have increased their crypto holdings by 6,475 ETH, valued at $11.78 million.
21:02
Svmuu News: According to the latest data from Gate, the price of gold has fallen to $4,074.1 per ounce, down 0.79% for the day. The price of silver has fallen to $58.778 per ounce, down 0.57% for the day.
The BVIX (BTC Volatility Index) is currently quoted at 38.08, up 1.14% for the day. The EVIX (ETH Volatility Index) is currently quoted at 50.42, down 3.32% for the day.
In the foreign exchange market, the U.S. dollar against the offshore yuan (USD/CNH) rose 0.15% intraday, with the current exchange rate at 6.78632. The U.S. dollar against the Japanese yen (USD/JPY) rose 0.29% intraday, with the current exchange rate at 162.106.
In global stock markets, the Euro Stoxx 50 Index (EUSTX50) rose 0.16% intraday to 6,273.32 points; the UK FTSE 100 Index (UK100) fell 0.08% intraday to 10,496.3 points; and the German DAX 40 Index (GER40) fell 0.37% intraday to 24,933.7 points.
In the commodities market, WTI crude oil rose 1.29% intraday to $74.57 per barrel. Brent crude oil rose 0.66% intraday to $79.13 per barrel.
Gate enables users to trade traditional financial market products directly on the platform, offering one-stop access to a wide range of asset classes including precious metals, foreign exchange, global stock CFDs, major indices, and commodities, thereby achieving deep integration between crypto assets and traditional financial assets. Gate TradFi features have been fully integrated into the Gate App and web platform, allowing users to conveniently trade global assets without switching platforms. This unlocks additional strategies and opportunities beyond the crypto market, continuously enhancing the multi-asset allocation experience.
20:58
Svmuu News: According to Gate data, Brent crude has surged 4% intraday and is currently trading at $79 per barrel, while WTI crude has risen nearly 4%.
20:49
Svmuu News: According to Lookonchain’s monitoring, hackers compromised SpaceXAI and Starlink accounts to mint and promote SCATMAN. The hackers’ wallets (0xfee...a8ba, 0xdd...ba89) minted 10 trillion SCATMAN tokens and exchanged them all for 59 ETH, worth $108,000; Another wallet under their control exchanged 59.28 million SCATMAN for 14.7 ETH, worth $27,000. The hackers made a total profit of approximately $125,000.
20:49
Svmuu News: Citrini analyst jukan posted on X that South Korean brokerages expect SK Hynix’s operating profit to reach 60.4 trillion won, a 61% increase from the previous quarter and a 556% increase year-over-year, but still 8% below the market consensus estimate of 65 trillion won. The shortfall is primarily due to SK Hynix’s higher proportion of HBM revenue compared to its peers, resulting in a slower increase in its average selling price than the market average.
20:42
Svmuu News: According to Gate data, the South Korean KOSPI index extended its decline to 2%, with SK Hynix falling nearly 7% and Samsung Electronics dropping more than 1%.
20:42
Svmuu News: Bankr announced on X that its token, BNKR, has officially launched on the Robinhood Chain, enabling cross-chain interoperability between Base and the Robinhood Chain via LayerZero OFT. Additionally, the cross-chain deployment process was completed autonomously by Bankr Agent, which created a $50,000 BNKR/WETH liquidity pool on Robinhood Chain.
20:33
Svmuu News: Statistics show that in 2026, the sector with the highest average funding amount per round in the crypto industry was prediction markets, with an average of $118 million per round. Exchanges followed with an average of $76.2 million per round, while the blockchain and compliance sectors averaged $47.8 million and $29.4 million per round, respectively.
20:32
Svmuu News: Bitmine Chairman Tom Lee posted on X, stating that he will deliver a speech titled “The Valley of Wealth” at WebX Asia at 11:25 a.m. today. He also noted that investors should keep an eye on the ETH/BTC ratio, which is a sign of a cryptocurrency recovery.
20:27
Svmuu News: According to monitoring by Galaxy’s Head of Research, several metrics related to long-term BTC holders have reached all-time highs: The share of the supply that has been active for at least 10 years stands at 17.7%; the supply held by long-term holders totals 16.75 million coins; the realized market capitalization of long-term holders is $836.4 billion; and the realized price for long-term holders is $50,000.

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