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7/16
20:42
Svmuu News: Crypto trader Ansem posted that Changxin Technology is expected to go public at a price of $1.28, while its pre-market price on Hyperliquid is currently around $6.92.
Ansem noted that the final settlement prices of several recent IPO candidates have been closer to their pre-market prices on Hyperliquid than to analysts’ forecasts, and recommended closely monitoring Changxin Technology’s future price performance.
20:41
Svmuu News: According to on-chain analyst Yu Jin, an address transferred 1.186 trillion BONK tokens to Binance three hours ago, worth $4.11 million.Ten days ago, this address spent $4.4 million to purchase enough BONK tokens to reach the governance voting threshold. It subsequently initiated and passed a governance proposal to transfer 4.426 trillion BONK tokens—worth $21.2 million—from the Bonk treasury.On the same day, the address transferred 40 billion BONK to OKX, worth $190,000, and today transferred another 1.186 trillion BONK to Binance. It currently still holds 3.2 trillion BONK, worth $10.98 million.The price of BONK has fallen 28% over the past 10 days, dropping from $0.0000047 to $0.0000034.
20:36
Svmuu News: According to GMGN market data, the market capitalization of CASHCAT, a meme coin in the Robinhood ecosystem, briefly fell below $50 million and is currently trading at approximately $52 million, marking a decline of more than 52% for the day.
Svmuu reminds users that meme coin prices are highly volatile and susceptible to market sentiment and current events; please be aware of the risks involved in trading.
20:34
Svmuu News: According to GMGN market data, Index, the token of the Robinhood ecosystem, saw a short-term surge of over 400%, with its market capitalization peaking at over $60 million and currently standing at approximately $33 million. This surge may have been driven by attention to the X account of a Robinhood co-founder.
Svmuu reminds readers that this token is subject to significant price volatility and is easily influenced by market sentiment and current events; please be aware of the risks involved in trading.
20:28
Svmuu News: Apple shares closed up 1.76% at $333.26, hitting a record high, and rose another 0.47% in after-hours trading.On July 15, Apple Intelligence completed its first generative AI filing in China. Alibaba’s Qianwen will be integrated into Apple Intelligence as an AI capability, providing services such as text and image understanding and content generation to Chinese users of iOS, iPadOS, macOS, and visionOS. Baidu AI capabilities will also be integrated into Apple Intelligence, marking the official launch of Apple’s AI localization strategy in the Chinese market.
20:22
According to Svmuu, ETF analyst Nate Geraci stated that T. Rowe Price, with assets under management nearing $2 trillion, launched the actively managed multi-crypto asset ETF TKNZ today—the first product of its kind on the market and the firm’s first crypto ETF. The fact that the crypto market is currently in a bear market has not deterred large traditional asset managers from entering the space, and the timing of these product launches may be just right.
20:18
Svmuu News: Sources say JPMorgan Chase, and Morgan Stanley will provide $50 billion in financing for the PayPal acquisition and serve as advisors.On the 15th, Stripe and Advent International jointly proposed to acquire PayPal at $60.50 per share, valuing the company at over $53 billion—a premium of approximately 28% over PayPal’s closing price on Tuesday—backed by approximately $50 billion in financing commitments from multiple banks.Under the proposed deal, Stripe and Advent International would each hold a 50% stake in PayPal.
20:16
Svmuu News: Federal Reserve Vice Chair Jefferson stated that if inflation does not cool down soon, interest rate hikes should be considered, but the current monetary policy is sound. In remarks prepared for an event at Stanford University in California, Jefferson said the Fed’s current interest rate settings are likely to support the labor market while bringing inflation down. He added that if actual inflation does not begin to ease in the short term, the Fed may need to reconsider its current policy stance, which allows it to respond effectively to economic developments.
20:16
Svmuu News: According to Gate data, the Nikkei 225 Index has plummeted 3.00% intraday and is currently trading at 64,828.46 points.
20:15
Svmuu News: The Seoul Stock Exchange in South Korea is closed today for Constitution Day. (Jin Shi)
20:13
Svmuu News: According to DefiTuna’s monitoring, an attacker exploited a vulnerability in the DefiTuna lending pool yesterday to withdraw approximately $580,000, resulting in a current shortfall of $580,000 in the USDC lending pool. The attack vector has been identified and patched; the team is still investigating the incident, will release further information, and is working to recover the stolen funds.
20:10
Svmuu News: According to data from SoSoValue, the XRP spot ETF recorded total net inflows of $6.7847 million yesterday (July 16, Eastern Time).
The XRP spot ETF with the highest net inflows yesterday was the Bitwise XRP ETF (XRP), which recorded $4.406 million in net inflows for the day; its total historical net inflows now stand at $498 million.
Next was the Franklin XRP ETF (XRPZ), with a single-day net inflow of $2.3787 million; its total historical net inflow now stands at $416 million.
As of press time, the total net asset value of XRP spot ETFs stood at $997 million, with an XRP net asset ratio of 1.45%, and cumulative historical net inflows have reached $1.486 billion.
20:09
Svmuu News: According to GMGN market data, the market capitalization of BRIAN, a meme coin on the Base chain, briefly surpassed $18 million and is currently trading at approximately $15 million, marking a short-term increase of more than 27 times. This surge may have been influenced by the change in the X profile picture of Coinbase’s CEO.
Meme coin prices are highly volatile and susceptible to market sentiment and trending events; please be aware of the risks involved in trading.
20:05
Svmuu News: Joe Burnett, Vice President of Strive, posted on X, stating that if Strategy misses an STRC dividend payment, it could signal a failure of the native mechanism of Bitcoin.
20:02
Svmuu News Ethereum The scaling project MegaETH has announced the termination of its flagship incubation program, Mega Mafia, which ran for two years and consisted of two cohorts. Core team member Shuyao Kong stated that the program successfully incubated approximately 20 teams and raised a cumulative total of about $80 million, but most of the successful applications are no longer built on MegaETH.The flagship project GTE has decided to build its own chain; Noise has chosen to launch on Base; HelloTrade has shifted to Monad; Avon and Valhalla have shut down; and Cap has adopted a multi-chain strategy. MegaETH operates under a model where it holds no equity and participates in no governance; Kong acknowledged that this approach did not result in long-term retention of the projects.
19:53
Svmuu News: Bilal bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), has asked Jamia Darul Uloom Karachi to clarify the distinction between speculative cryptocurrencies and asset-backed digital tokens, following the religious institution’s ruling that cryptocurrency-based purchases are not compliant with Sharia law.
The ruling pertained to a consultation regarding the use of cryptocurrency to pay for books and online course fees. Waqas Ghani, Head of Research at JS Global Capital, stated that the ruling could hinder bank-led cryptocurrency adoption in Pakistan, though trading volumes have not yet been affected.
Saqib noted that PVARA is working with scholars to evaluate digital assets by category rather than treating them as a single class. He explained that blockchain-recorded Islamic bonds represent ownership of real-yield assets, while gold-backed tokens and fully-reserved stablecoins correspond to redeemable value.
He noted that speculative tokens without underlying assets fall into a separate category of concern, and scholars’ concerns must be taken seriously. PVARA will continue to collaborate with scholars as it develops a regulatory framework in Pakistan and advances efforts related to stablecoins and the tokenization of real-world assets.
19:23
Svmuu News: According to Onchain Lens, the ResolvLabs attacker has transferred funds again after stealing approximately $25.9 million in March. Over the past few hours, 580 ETH—worth approximately $1.09 million—have been transferred and are currently being routed through a mixer.
19:02
Svmuu News JPMorgan Chase Analysts noted that Strategy’s recent increase in U.S. dollar cash reserves, along with positive capital inflows in the Bitcoin futures market, are “positive signals” for Bitcoin’s outlook, even though capital flows in the spot Bitcoin ETF have remained relatively volatile recently.
The report pointed out that capital flows in the spot Bitcoin ETF have been unstable in recent weeks, shifting from inflows last week to outflows this week.In contrast, capital flows into Strategy-related leveraged ETFs have been relatively stable and consistently positive over the past seven weeks. Analysts believe this is primarily driven by purchases from retail investors, which may have supported Strategy’s stock price, preventing its common stock from falling below the net asset value of its Bitcoin holdings.
Meanwhile, Strategy recently increased its U.S. dollar reserves from $2.55 billion to $3.0 billion, which is sufficient to cover approximately 20 months of preferred stock dividend payments. JPMorgan Chase It had previously been recommended that Strategy increase its cash reserves to a level sufficient to cover two to three years of dividends, in order to alleviate market concerns that it might be forced to sell Bitcoin to pay dividends in the future.
Analysts note that it is still too early to determine whether Strategy’s move to bolster its cash reserves has directly improved investor sentiment at Bitcoin. However, against the backdrop of outflows from spot BTC ETFs, Bitcoin futures still recorded positive capital inflows this week—a development also viewed as an encouraging sign for the market outlook.
18:58
Svmuu News: According to a comprehensive report by CCTV, the Port of Abbas in southern Iran was struck by U.S. military forces. It is reported that the attack was significant in scale and has already caused power outages in parts of the Port of Abbas. The target of the attack was a communications tower. U.S. warplanes also launched a missile strike on Shaher Airport in Iran’s southeastern Sistan and Baluchistan Province. Local residents reportedly heard three loud explosions near the airport. The rail interchange station in Bandar Abbas was also struck by U.S. forces, leaving two people injured. Additionally, a bridge in Hamir Port, located in Iran’s southern Hormozgan Province, was attacked by U.S. forces that same evening. The Hormozgan Provincial Government stated on the 17th that two bridges in the province were attacked, resulting in two deaths and four injuries. (Jin Shi)
18:55
Svmuu News: According to HyperliquidNews, a tradexyz liquidator recovered $739,000 after an SPCX position dropped by 10% in a matter of seconds.

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