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7/15
19:50
Svmuu News: William Blair has lowered its 2026 revenue forecast for Coinbase by 12% and its 2027 revenue forecast by 13%, and has reduced its adjusted EBITDA forecasts for both years by 34%, while maintaining its “Outperform” rating. William Blair expects Coinbase’s total transaction volume to decline by approximately 44% this year to $669 billion, before rebounding by more than 32% in 2027. The firm believes Coinbase’s earnings will bottom out in the second half of 2026 and recover in 2027. Coinbase Shares of Circle rose by about 3% to 4% on Wednesday.Coinbase has fallen nearly 30% year-to-date, while Bitcoin has declined about 26% over the same period;Circle has fallen about 20% since January. Technical analyst John Bollinger noted that a “W” double bottom pattern has emerged on the daily chart for Bitcoin; if this pattern is confirmed, it will be seen as confirmation of a trend reversal. Glassnode’s latest weekly analysis shows that the Long-Term Holder Capitulation Index has pulled back after reaching its peak for this cycle two weeks ago.
19:50
Svmuu News: According to Onchain Lens, a whale deposited approximately 10 million USDC into Hyperliquid and opened a short position of 514,400 CXMT, worth $3.8 million.The account currently holds approximately $20.04 million in assets, with a 100% short exposure. The IPO is scheduled to take place in 11 days.
19:49
Svmuu News: SemiAnalysis posted on X, stating that Apple is trying to address the memory chip shortage.
19:49
Svmuu News: BitcoinTreasuries.NET posted on X stating that Mexican billionaire Ricardo Salinas has announced his support for Lyn Alden’s new company, Bitcoin, noting that he has come to recognize two key points: cash flow is king, and one cannot rely on the government to protect the value of funds—hence his support for the team.
In related news, ORANGE JUICE, founded by Lyn Alden, announced the completion of a $40 million funding round and plans to launch a perpetual capital holding company backed by Bitcoin (BTC) reserves.
19:48
Svmuu News: U.S. officials say President Donald Trump is leaning toward expanding U.S. military operations against Iran. Potential options include intensifying airstrikes, deploying ground troops to seize Iranian islands near the Strait of Hormuz, and bombing a heavily fortified stronghold that may be used for covert nuclear activities.On Tuesday evening local time, Donald Trump convened a war room meeting to discuss the deployment of U.S. forces to seize Khalk Island and other Iranian territories along the Strait of Hormuz, as well as a possible airstrike on a nuclear-related target on Mount Piksa in Iran that has not yet been identified by the U.S.In addition, the U.S. military may continue to carry out airstrikes against more Iranian targets, including energy facilities. Donald Trump has not yet made a final decision on the next course of action. He has stated both privately and publicly that he prefers to resolve the dispute with Iran through diplomatic means. Some U.S. officials have indicated that Donald Trump is reluctant to deploy ground troops.
19:48
Svmuu News: Bloomberg ETF analyst Eric Balchunas posted on X that the U.S. saw its first 2x leveraged stock ETF to be terminated this year; LCLD plummeted 92% in a short period yesterday, far exceeding the 50% termination threshold; The ETF has no assets, but it still illustrates the volatility typical of such products.
19:47
Svmuu News Microsoft, the world’s largest provider of cybersecurity software, is undergoing a comprehensive restructuring of its security division. Hayete Gallot, who officially took over the security division of Microsoft in February of this year, has led efforts to reallocate team resources to focus on developing various AI-powered security products.To drive the company’s security and AI transformation, Hayete Gallot, Microsoft’s new head of security, has replaced at least eight executives who previously reported to former head of security Charlie Bell, while the security division at Microsoft has laid off hundreds of employees.
19:47
Svmuu News: HyperliquidNews posted on X stating that SK Hynix and SK Hynix ADR are the same company listed on two different exchanges, and their combined trading volume on trade.xyz has now surpassed Lighter’s total trading volume.
19:46
Svmuu News: NVIDIA CEO Jensen Huang denied reports of production delays for the company’s next-generation AI accelerator system, Vera Rubin, stating that Vera Rubin has entered the production phase, is being delivered to customers as scheduled, and large quantities of products are being shipped out in succession.Huang Renxun noted that Vera Rubin is expected to achieve massive production scale, but did not specify a timeline.
19:46
Svmuu News: The Federal Reserve's use of its overnight reverse repurchase agreement (RRP) program stood at $151 million on Wednesday, down from $278 million on the previous trading day.
19:46
Svmuu News: OpenAI posted on X stating that training GPT-5.6 using GPT-Red has significantly improved its robustness. OpenAI replayed some of the strongest GPT-Red attacks for evaluation; none of these attacks had been encountered by the model during training. GPT-5.6 Sol has become OpenAI’s most robust model to date against prompt injection, with a failure rate six times lower than that of the best production model from four months ago.
19:27
Svmuu News: Following a community governance vote, Quickswap has adopted Orbs Perpetual Hub Ultra 2.0 as its default infrastructure for all on-chain perpetual contract trading. 81.8% of QUICK token holders supported this migration.
This vote will replace Quickswap’s previous Falkor deployment on Polygon PoS, which was powered by Orderly, and expand its Orbs perpetual contracts platform, set to launch on Base by the end of 2025. Orbs disclosed that its decentralized Layer 3 network currently has over 1.12 billion ORBS staked.
19:14
Svmuu News: According to HyperliquidNews monitoring, the largest Solana 5u8PrRBuWvVLEJrjNRNSinhH3Rsxmtx1hjUynTZP pump position is currently a $3.8 million short position. The trader has also placed a $4.17 million sell order above the current price. This position accounts for 17.36% of the market’s open interest, with a current unrealized profit of $45,000.
19:06
Svmuu News: According to CME’s “FedWatch” data, the probability that the Federal Reserve will keep interest rates unchanged in July is 88.8%, while the probability of a cumulative rate hike of 25 basis points is 11.2%. The probability that the Fed will keep interest rates unchanged through September is 51.2%, while the probability of a cumulative 25-basis-point rate hike is 44%, and the probability of a cumulative 50-basis-point rate hike is 4.7%.
18:36
Svmuu News: The U.S. spot Bitcoin ETF saw net outflows of $4.5 billion in June, marking its worst monthly performance since its launch in January 2024. The Bitcoin fell 20.48% in June and hit a 21-month low of $58,190 on July 1.
Citi lowered its 12-month price target for Bitcoin from $112,000 to $82,000, following a previous reduction from $143,000 on March 17.Citi also lowered its 12-month price target for Ethereum from $3,175 to $2,240.
Strategy sold 32 Bitcoin between May 26 and 31, worth approximately $2.5 million, marking its first sale since December 2022.As of May 31, it held 843,706 Bitcoin, and the board approved a framework for the sale of up to $1.25 billion worth of Bitcoin.
Open interest in leveraged Bitcoin futures fell from approximately $31.3 billion around May 30 to about $21.6 billion in early June. Over the course of two weeks, major holders increased their holdings by more than 270,000 Bitcoin.
18:05
Svmuu News: Sui posted on Platform X, stating that while other blockchains claim to be developing confidential transactions, Sui’s confidential transactions have already entered public beta.
17:57
Svmuu News: Kraken Institutional has announced a partnership with the on-chain yield platform Upshift, allowing eligible institutional clients to earn yields directly on their idle Bitcoin, Ethereum, stablecoins, and other crypto assets within Kraken’s compliant custody system.Upshift will build a dedicated, customized vault for each client, designed according to the client’s investment strategy, risk parameters, liquidity needs, and asset allocation. Assets will be allocated to these non-custodial vaults and subsequently deployed into selected on-chain contracts, with the client’s segregated Kraken custodial account receiving receipt tokens.
16:21
Svmuu News: The British and U.S. governments have issued a joint position on stablecoins through the Transatlantic Working Group on Future Markets, expressing support for coordinated rules regarding reserves, redemption, market access, and cross-border use.
The two governments stated that, if properly regulated, stablecoins can improve payments, settlements, and financial market infrastructure, and they support the development of private digital currencies under public sector oversight.
The UK and the U.S. stated that stablecoins used as currency should be fully backed by high-quality liquid assets at a ratio of at least 1:1, with reserve assets segregated from the issuer’s own funds, and that standards for custody, redemption, and disclosure of legal rights should be provided to holders.
The two countries also stated that they would explore pathways for stablecoins issued in one country to enter the other’s market and support legitimate, regulated stablecoin and digital asset providers in gaining fair, risk-based access to financial services and markets.
15:37
Svmuu News: According to Onchain Lens, the U.S. government’s Gotbit-seized wallet (0xD014...70ff) transferred 19,615,000 USDT to Coinbase Prime and then emptied the wallet.
15:34
Svmuu News: Orange Juice announced the completion of a $40 million funding round, with Lyn Alden participating as an investor. The project’s primary focus is to launch a perpetual capital firm backed by the Bitcoin’s reserves, and it plans to pursue a public listing in the future to provide liquid ownership currency and access to capital markets.

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