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7/14
11:12
Svmuu News: According to Onchain Lens, the U.S. government has just transferred funds confiscated from the Bitfinex hack; 296,710 USDT were transferred to Coinbase Prime, likely for an OTC sale.
11:12
Svmuu News: According to Onchain Lens, the U.S. government has transferred assets seized in connection with the Bitfinex hacking case,Data shows that funds worth approximately 296,700 Tether USDT (USDT) were transferred from a government-controlled wallet to the Coinbase Prime address, leading to market speculation that the funds may be used for over-the-counter (OTC) sales.
11:10
Svmuu News: According to Gate data, gains in international oil prices narrowed, with WTI crude oil futures rising 0.05% to $78.178 per barrel, and Brent crude oil futures rising 0.56% to $83.770 per barrel.
Earlier, Donald Trump stated that the Strait of Hormuz is open to all vessels except those from Iran. Gulf nations will invest in the United States. It was decided to replace the 20% compensation levied on cargo passing through the strait with a trade agreement.
11:08
Svmuu News: U.S. President Donald Trump stated that the Strait of Hormuz is open to all vessels except those from Iran. Gulf nations will invest in the United States. It has been decided to replace the 20% compensation fee on cargo passing through the strait with a trade agreement.
11:06
Svmuu News: OpenAI’s ChatGPT has begun displaying World Cup match prediction data provided by the prediction market platform Kalshi in its search results. When users search for FIFA World Cup match information in ChatGPT, the system displays the probability of each team winning, calculated based on Kalshi’s prediction market, and presents it in chart form. This feature is currently for informational purposes only; users cannot trade prediction contracts directly through ChatGPT.
11:05
Svmuu News: The UK’s HM Revenue & Customs has confirmed that depositing crypto assets into DeFi lending protocols and liquidity pools will no longer be considered a taxable disposition, and capital gains tax will be deferred until investors actually dispose of the assets. The measure, announced on Monday, will take effect on April 6, 2027, and will amend the Capital Gains Tax Act 1992. HMRC estimates that this measure will affect approximately 700,000 individuals and trustees who use crypto lending and liquidity pools. Aave founder Stani Kulechov said the move is “a step in the right direction.” (Decrypt).
11:02
Svmuu News: JPMorgan stated that Hyperliquid’s new partnership arrangement will pose a short-term revenue headwind for Circle and Coinbase, and pose a greater long-term threat to Circle’s USDC economic model.The bank believes the deal exposes a “prisoner’s dilemma,” prompting Circle and Coinbase to compete for a share of the USDC market at the expense of each other’s economic interests. JPMorgan lowered its earnings forecasts for both companies, citing Hyperliquid-related changes, weaker cryptocurrency trading volumes, and falling asset prices.(CoinDesk).
11:02
Svmuu News: When asked whether he would bail out cryptocurrencies or stablecoins, Federal Reserve Chairman Kevin Warsh said he did not want to get involved in bailouts and hoped to be in a position where he would not have to bail out any entity.
11:01
Svmuu News: Federal Reserve Chair Wash reiterated his commitment not to provide forward guidance on interest rates during a hearing on Tuesday, with his testimony making almost no mention of interest rate policy.Wash stated that the Federal Reserve is firmly committed to maintaining price stability and bringing inflation back to the 2% target, while emphasizing that the Fed possesses the policy tools necessary to achieve this goal. He said, “The more we focus on our mandate, the further we can distance ourselves from politics.”” Wash also said the Fed would reexamine its inflation framework to gain a deeper understanding of the factors driving inflation and the measures that can be taken to address it.
Regarding the Fed’s newly established working groups, Wash noted that they are currently in the exploratory phase. He pointed out that discussions will first take place among the 19 policymakers, that the entire process will remain open and transparent, and that research findings and policy ideas will be shared with the public on a regular basis.
Regarding balance sheet policy, Wash emphasized that the balance sheet is part of monetary policy, not merely a matter of financial market operations. Any adjustments to balance sheet policy will be fully communicated and explained in advance, giving the market sufficient time to prepare.When asked how he would respond if Donald Trump attempted to interfere with the Fed’s policies, Wash replied that he would continue to fulfill his duties and adhere to the independent formulation of monetary policy. He noted that the Fed has already demonstrated its commitment to policy independence and institutional reform. (Jin Shi)
11:00
Svmuu News: According to data from MSX.COM, SK Hynix ADR shares rose 15% to $175.280 per share, with a total market capitalization of $1.28 trillion.
In addition, Micron. rose 2.78%, Western Digital fell 1.87%, Seagate Technology fell 1.85%, SanDisk fell 3.18%, and Kioxia ADR fell 3.07%.
10:53
Svmuu News: A senior U.S. official has confirmed that NVIDIA’s H200 AI chip, designed for the Chinese market, has begun shipping. However, the official noted that the actual number of units delivered so far is “very small” and that large-scale supply has not yet been established.Previously, the U.S. Department of Commerce had approved approximately 10 Chinese companies to purchase NVIDIA H200 chips. The H200 is a high-performance GPU launched by NVIDIA for the AI training and inference market, and it is also one of the most advanced AI chips currently approved for export to China.
10:48
Svmuu News: Federal Reserve Chair Wash stated at a House hearing that the Federal Reserve has the commitment, the capability, and the responsibility to fulfill the mandate entrusted to it by the Committee, and will remain focused on its core duties while staying out of politics. The various working groups he has established are currently in the investigative phase; external working groups will first share their findings with policymakers, followed by public discussions. He has instructed all working groups to return to first principles. The balance sheet is part of monetary policy, and any changes to balance sheet policy will be announced in advance. The Federal Reserve must do its job to avoid interference from fiscal policy. The balance sheet framework has undergone significant changes, and the Federal Reserve is proud to be an independent central bank. He understands that during times of crisis, the central bank needs to intervene in the markets.
10:44
Svmuu News: Options on SK Hynix American Depositary Receipts (ADRs) began trading on the American Options Exchange on Tuesday. As of 10:25 a.m. New York time, options trading volume had reached approximately 33,000 contracts, with more than two-thirds of those concentrated in short-term options expiring this Friday. The most actively traded were call options with a strike price of $185, with a volume of about 2,900 contracts, followed by put options with a strike price of $145. In addition, call options expiring in August with a strike price of $200 were also popular, with trading volume exceeding 1,500 contracts.
Daniel Kirsch, head of options at Piper Sandler, said traders are expected to actively position themselves for short-term trades anticipating that SK Hynix ADRs will continue to rise this week. “We expect demand for short-term, bullish options to be very strong, especially for call options expiring this Friday, as retail investors are likely to rush into this product,” he said. (Jin Shi)
10:32
Svmuu News: OpenAI founder Sam Altman posted on X, stating that usage of its agent products (Codex and ChatGPT Work) has increased 2.5-fold over the past week.
10:29
Svmuu News: Federal Reserve Chair Wash testified at a House Financial Services Committee hearing on the “Federal Reserve’s Semiannual Monetary Policy Report,” stating that he hopes for broader economic growth and a more limited rise in inflation. Inflation is a “choice,” and now is not the time for the Fed to shirk responsibility for inflation. The Fed is committed to price stability, with an inflation target of 2%.
The Federal Reserve possesses the tools to achieve price stability. The Fed’s 2020 framework was a mistake and did not succeed; I am pleased that my predecessor subsequently abandoned the 2020 framework. I will reexamine the inflation framework to understand the causes of inflation and the measures we can take. (Jin Shi)
10:26
Svmuu News: According to Lookonchain’s monitoring, the U.S. “Bitcoin” ETF saw net outflows of 6,904 BTC today, with net outflows of 8,166 BTC over the past 7 days, while the “Ethereum” ETF saw net outflows of 8,807 ETH, with net inflows of 26,101 ETH over the past 7 days.
10:22
Svmuu News: Prediction market platform Kalshi has announced the launch of a forward curve tool for pricing the cost of AI computing power. Through weekly and monthly computing power cost event contracts, the tool provides a single forward price with a maturity of up to one year, which can be used to gauge future cost trends for leasing different tiers of GPUs. Reportedly, this tool can serve as a pricing basis for future computing power-related derivatives, such as futures and options, to support hedging and risk management needs. (Bloomberg)
10:20
Svmuu News: Eric Balchunas, a senior ETF analyst at Bloomberg, posted on X that six 2x leveraged SK Hynix ETFs have been listed. GraniteShares has seen the highest trading volume so far, and the various products are competing for liquidity. Trading volume over the past few days has been particularly important, with total trading volume reaching $80 million—a solid performance, though far below that of the 2x leveraged SPCX ETF.
10:19
Svmuu News: U.S. CPI for June fell to 3.5% year-over-year, below market expectations of 3.8% and down from 4.2% in May.Following the release of the data, the Bitcoin rebounded intraday to nearly $64,000, while S&P 500 and Nasdaq futures rose in early trading. Gold and silver also rose in tandem, with silver climbing about 2%. This came after Donald Trump announced the resumption of a maritime blockade of Iranian ports,the S&P 500 fell 0.79% to 7,515.34 on Monday, Bitcoin briefly dropped to nearly $61,700, WTI crude oil closed at $79 per barrel, and Brent crude oil closed above $83.Federal Reserve Chairman Kevin Warsh is scheduled to testify before Congress on Tuesday and Wednesday, and the Fed’s next policy decision is set for July 29. (Bitcoin.com News).
10:15
Svmuu News: According to feedback from community users, the Coinbase platform has opened registration to users in China.

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