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7/15
23:00
Svmuu News: In May of this year, Bankless founder David Hoffman publicly announced on X that he had sold off his entire ETH position.
Given ETH’s recent positive price trend, some community members posted jokes suggesting that David had “sold ETH right at the bottom.” David Hoffman responded by saying, “Stop saying things like that—ETH’s current price is below my liquidation price.”
Bankless Founder Responds to "Selling ETH at the Bottom": The Current Price Hasn't Reached My Liquidation Price Yet
22:58
Svmuu News: According to Hyperinsight monitoring, "pension-usdt.eth," a top ETH short-selling whale on Hyperliquid, is currently shorting 50,000 ETH with 3x full-position leverage, with a notional value of approximately $96.105 million. The average entry price was $1,700.06, and the position is currently showing a floating loss of $11.102 million (−39.2%). The liquidation price is approximately $2,176.25, which is about 13.2% above the current price.
22:56
Svmuu News: According to Unfolded’s monitoring, RWA perpetual contract trading volume reached a record high of $120 billion in June. Data shows that RWA perpetual contract trading volume has continued to grow since January of this year, when it stood at approximately $22 billion. U.S. stock-related assets were the primary driver of this growth, followed by stock indices and crude oil.
Data: RWA perpetual futures trading volume hit a record high in June, surpassing $100 billion for the first time
22:49
Svmuu News: Emmanuel Tutuba, Governor of the Bank of Tanzania, stated that the bank is finalizing the drafting of laws and regulations governing digital assets, with the regulatory scope covering virtual assets, cryptocurrencies, and stablecoins, in order to strengthen regulation and oversight.
Emmanuel Tutuba noted that many young people are investing in these sectors, and the central bank has received complaints from individuals who have suffered losses in cryptocurrency-related transactions; the new regulations will be used to protect Tanzanian investors.
He added that the new regulations will also address risks related to money laundering, terrorist financing, and other illegal activities associated with virtual assets, ensuring that entities engaged in such activities operate in accordance with the upcoming guidelines.
22:49
Svmuu News Goldman Sachs Analyst James Yaro released a research report on Robinhood (HOOD), maintaining a “Buy” rating and raising the price target once again from $121 to $137.
22:43
Svmuu News: AXON Finance has announced the completion of a $2 million strategic funding round, with participation from InfiniteAll AI, UZ Capital, and BMF, among others. The project’s primary focus is the development of a PayFi AI-native Layer 1, and it plans to launch a U.S. stock copy-trading engine supported by L1 settlement and account abstraction.
22:39
Svmuu News: According to Hyperinsight monitoring, SPCX’s continued decline has pushed a bullish address—which had held its position for an entire month—into deep losses. Data shows that the holding cost for the address beginning with 0x91d has been breached by approximately 26.1%, making it the address with the largest unrealized loss on SPCX on Hyperliquid.It currently holds only 12,085 SPCX long positions, with a notional value of approximately $1.638 million and an average position price of $183.2, resulting in an unrealized loss of about $577,000 (−52.1%).which had briefly widened to $616,000 when the price fell below the break-even point. The account’s margin of approximately $509,900 has been fully utilized to maintain this position.
This position was opened during the sharp rally following SPCX’s listing. For the entire month that followed, the account made no adjustments to the position, holding it through the listing, the positive news of its inclusion in the “Nasdaq Composite,” and the subsequent sustained decline. The only remaining headwind is the negative expectation of early holders’ shares becoming tradable.
22:33
Svmuu News: South Korean financial regulators have stated that they will soon announce measures regarding single-stock leveraged ETFs to address market concerns and maintain market stability.
Reportedly, the Financial Services Commission (FSC) is consulting with the Ministry of Economy and Finance, the Bank of Korea, and the Financial Supervisory Service on specific measures. Regarding whether to suspend trading of such ETFs, the FSC chairman stated that regulators are conducting a comprehensive assessment, as such a move could lead to unintended consequences. (Businesstimes)
22:25
Svmuu News: The Monetary Policy Committee of the Bank of Korea stated on the 28th that it will continue to maintain a stance of raising interest rates in the future, while comprehensively considering factors related to inflation and financial stability. The Bank of Korea had previously announced its first interest rate hike in three and a half years. Explaining the rationale behind this rate hike, the committee stated: “ As economic growth gains momentum driven by exports and investment, inflation is expected to remain above the target level for a considerable period, and risks to financial stability also persist.” The Committee projected that “supported by a strong semiconductor business cycle, exports and investment will continue to grow at a high rate, and as the recovery in consumption broadens due to improving income conditions, the economy is expected to maintain robust growth. This year’s economic growth is projected to be significantly higher than the May forecast (2.6%).”
Regarding prices, the Committee expects inflation to remain elevated for a considerable period. The Committee also assessed that increased volatility in the won-dollar exchange rate, coupled with simultaneous growth in housing-related and other loans, has driven a sharp rise in household debt, while the upward trend in housing prices in the Seoul metropolitan area has further intensified. Taking these factors into account, the Committee stated, “We currently judge it necessary to maintain a stance of raising interest rates.” (Jin Shi)
22:22
Svmuu News, July 16: According to SoSoValue data, the crypto market as a whole showed a narrow trading range, with the RWA sector standing out, rising 6.40% over the past 24 hours. Among them, Ondo Finance (ONDO) rose 15.92%, Centrifuge (CFG) rose 2.87%. Meanwhile, Bitcoin (BTC) rose 0.19%, briefly breaking through the $65,000 mark during intraday trading; Ethereum (ETH) rose 2.92%, breaking through $1,900.
Other sectors with strong performance included: the DeFi sector, up 0.96% over the past 24 hours, with ZeroLend (ZERO) rising 28.87%; and the PayFi sector, up 0.32%, with eCash (XEC) rising 13.68%.
As for other sectors, the Meme sector fell 0.07%, though Pump.fun (PUMP) rose 1.53%; the CeFi sector fell 0.13%, with Mantle (MNT) holding up relatively well, rising 1.69%; The Layer 1 sector fell 0.23%, with Injective (INJ) surging 3.24% during the session; the Layer 2 sector fell 0.34%, with MegaETH (MEGA) bucking the trend and rising 2.39%; The SocialFi sector fell 2.43%, with Gram (GRAM) down 2.36%.
Crypto sector indices reflecting historical performance showed that the ssiRWA, ssiDeFi, and ssiLayer1 indices rose 7.43%, 2.17%, and 1.24%, respectively.
The crypto sector saw mixed performance, with the RWA sector rising more than 6% and the SocialFi sector falling more than 2%.
22:13
Svmuu News: The memory supply shortage triggered by AI demand persists, and smartphone manufacturers such as Samsung Electronics, Apple, and Xiaomi continue to face pressure to raise prices in the second half of the year.
According to industry sources, there is an increased likelihood that Samsung Electronics will raise prices for its Galaxy Z8 series—set to be released this month—based on storage capacity. The price of the 256GB base model is expected to remain at approximately 3.05 million won, the same level as the previous generation, while the prices of the 512GB and 1TB models may increase by about 120,000 won each.
This pricing strategy aims to minimize the price increase for the base model while prioritizing price adjustments for higher-capacity models, which are more heavily impacted by memory cost pressures.
22:08
Svmuu News: Yesterday, the Donald Trump posted on social media that Iran had allowed a U.S. citizen to leave the country. The U.S. “appreciates this gesture of goodwill by Iran.”
Donald TrumpThe statement noted that this U.S. citizen was “wrongfully detained” in December 2024 during the Biden administration. She has now safely left Iran and is in good condition. (Southern Metropolis Daily)
21:51
Svmuu News: South Korea’s domestic stock market has experienced sharp volatility over the past nine trading days, with leveraged ETFs—which have a high proportion of retail investors—suffering cumulative valuation losses exceeding 8.8 trillion won. According to data released on the 15th by FnGuide Quantwise and Mirae Asset Securities, four single-stock leveraged ETFs—issued by Mirae Asset Global Investments and Samsung Asset Management and tracking Samsung Electronics and SK Hynix— suffered cumulative valuation losses of 8.8337 trillion won between July 1 and 13.
During the same period, the assets under management (AUM) for these ETFs fell from 14.3518 trillion won to 8.9389 trillion won, a 37.7% decline. The total assets under management (AUM) of all 14 single-stock leveraged ETFs listed in South Korea that track Samsung Electronics and SK Hynix also fell by 41.4% during the same period, falling from 15.9349 trillion won at the end of June to 9.3386 trillion won on the 13th of this month. Among these, the AUM of Samsung Electronics leveraged ETFs decreased by 35.3%, while that of SK Hynix leveraged ETFs decreased by 44.9%.
According to data from the Korea Capital Market Institute, as of June 19, retail investors had accumulated net purchases of single-stock leveraged ETFs totaling 8.2 trillion won, accounting for approximately 60% of the AUM of these ETFs. This suggests that a significant portion of the recent losses may have been borne by retail investors. (Jin Shi)
21:42
Svmuu News: Tim Draper, founder of Draper Associates, stated that the reason he did not invest in Coinbase early on was his assessment that widespread adoption of cryptocurrency by retail investors would still take a long time, not because he did not recognize Brian Armstrong, co-founder and CEO of Coinbase.
Tim Draper revealed that he had already invested in Coinlab, an early-stage company at Bitcoin, which is why he initially did not invest in Coinbase; his son, Adam Draper, disagreed with that assessment and extended the first check to Brian Armstrong. Tim Draper subsequently participated in the next round of funding for Coinbase.Coinbase, founded by Brian Armstrong and Fred Ehrsam, was developed into a crypto platform and listed on Nasdaq under the ticker symbol COIN.
Tim Draper stated that Coinbase has become one of the flagship investments of Draper Associates Fund V, with returns from Coinbase alone nearly doubling the fund’s total size.
21:41
Svmuu News: According to on-chain analyst Ai Yi, a whale that has accumulated nearly $100 million worth of ETH and WBTC since July withdrew 50 WBTC from Binance 8 hours ago. As of now, the whale holds 49,400 ETH,with WBTC holdings now at 300, for a total value exceeding $103 million. The average cost per unit is approximately $1,705 for ETH and $63,027.58 for WBTC, resulting in an unrealized gain of $11.113 million.
21:36
Svmuu News: Apple is shifting to rely on NVIDIA’s GPUs to support its AI business after its in-house M2 Ultra chip failed to perform as expected when running advanced AI workloads.
According to reports, Apple previously attempted to use its own servers to run the Gemini model from Google to provide AI capabilities for the new version of Siri, but its chips could not meet the performance requirements, forcing the company to ultimately switch to using NVIDIA GPUs deployed on Google Cloud.Additionally, development of Apple’s next-generation AI server chip, “Baltra,” has been delayed, and the M7 Ultra chip—which is expected to rival the performance of NVIDIA’s Blackwell architecture—is not expected to launch until 2029 at the earliest. (Coin Bureau)
21:29
1. Anthropic could launch its IPO as early as October; investment banks have already arranged preliminary discussions with investors;
2. Base co-founder: The bet on on-chain social media was a mistake; the Base app will be returned to Coinbase and taken over by Cobie;
3. DTCC will tokenize Microsoft, SPY, QQQ, and U.S. Treasury bonds on behalf of Wall Street firms;
4. The Donald Trump will meet with select lawmakers regarding the ethical provisions of the CLARITY Act;
5. U.S. June PPI annual rate came in at 5.5%, below the expected 6.2%;
6. The U.S. government emptied the wallets holding seized crypto assets from Alameda Research and FTX, transferring out approximately $9.5656 million in assets;
7. SpaceXAI announced the open-sourcing of Grok Build;
8. As the stock price continues to fall, SpaceX short sellers have realized paper profits of $3.88 billion;
9. Musk: X will fully open-source its codebase after completing a security vulnerability review;
10. Jiang Zhuoer has liquidated his entire ETH spot position and expects the rebound to cap at approximately $2,000.
21:26
Svmuu News: According to data from SoSoValue, the SOL spot ETF saw total net outflows of $707,100 yesterday (July 15, Eastern Time).
Of that amount, the Fidelity Solana Fund ETF (FSOL) saw a single-day net inflow of $455,100, bringing its total historical net inflow to $196 million.
The Grayscale Solana Trust (GSOL) recorded a net outflow of $1.1622 million for the day, with its total historical net inflows now reaching $107 million.
As of press time, the total net asset value of SOL spot ETFs stood at $895 million, with a SOL net asset ratio of 1.99%; cumulative historical net inflows have reached $1.136 billion.
21:26
Svmuu News: According to data from MSX.COM, SK Hynix's stock price fell 12%.
21:25
Svmuu News: The U.S. military announced that it has completed its latest round of strikes against Iran. (Jin Shi)

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