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7/17
10:02
Svmuu News: On Friday, the three major U.S. stock indices opened lower, with tech stocks falling across the board.the Philadelphia Semiconductor Index has fallen more than 20% from its all-time closing high and is poised to enter a bear market; SK Hynix ADRs fell below their $149 initial public offering price for the first time; and SpaceX’s stock price has dropped 38% from its peak, with its market capitalization set to shrink by approximately $1 trillion from its peak.AMD fell more than 7%, Intel. dropped more than 6%, and TSMC. declined more than 5%. Some analysts noted that the ongoing correction in chip stocks has moved beyond fundamental factors and is largely driven by shifts in investment styles and market preferences.
In addition, Federal Reserve Chair Wash’s expressions of concern over inflation during his congressional testimony have heightened market expectations for interest rate hikes, while “hawkish” signals from other Fed officials have further intensified market jitters. Among them, U.S. Representative Logan has explicitly called for interest rate hikes;U.S. Representative Schmid warned that the risk of inflation accelerating further in the coming months remains. On the geopolitical front, the outlook for a U.S.-Iran conflict remains uncertain, dampening market risk appetite. (Jin Shi)
10:02
Svmuu News: On-chain analyst Yu Jin posted on X, stating that an early investor/institution in Lido (0xfB03... FF95), after holding LDO for five and a half years, transferred 4.3 million LDO to Kraken one hour ago, worth $1.61 million. This investor/institution received an investment allocation of 5 million LDO in December 2020; at its peak in 2021, the holdings were worth $30 million, and they are currently valued at $1.88 million. Compared to their investment cost of $0.0085 per token, the current price still represents a profit of more than 40 times.
10:01
Svmuu News: The preliminary estimate for the U.S. one-year inflation rate in July was 4.2%, compared to a forecast of 4.50% and a previous reading of 4.60%. (Jin Shi)
09:58
Svmuu News: According to data from MSX.COM, SK Hynix’s U.S.-listed shares have recovered from a 4% decline and are now up 1.06% at $153.930 per share, with a total market capitalization of $1.12 trillion.
09:55
Svmuu News: Crypto journalist Eleanor Terrett posted on X that Republican members of the U.S. House Financial Services Committee will hold an in-person hearing in New York at 10 a.m. Eastern Time to focus on how the CLARITY Act can drive innovation in the digital asset sector.
This hearing is an informational session aimed at gathering industry input and discussing policy implications; it will not affect the Senate’s ongoing deliberations on the bill.
Meanwhile, the updated legislative text of the CLARITY Act has yet to be released. Previously, U.S. President Donald Trump met with Senate Republicans to discuss relevant ethics provisions, but as of now, the new bill text has not been officially released.
Eleanor Terrett, citing industry sources, reported that crypto industry leaders currently expect the release of the updated text to be delayed until next week.
Market participants are closely watching the situation, as the CLARITY Act—a key component of the U.S. crypto market’s regulatory framework—will shape the future compliance paths for digital asset firms, trading platforms, and institutional investors depending on its final text and the pace of its advancement.
09:54
Svmuu News: A Fox Business crypto reporter posted on X that the U.S. House Financial Services Committee will hold an in-person hearing in New York at 10:00 a.m. Eastern Time to examine how the CLARITY Act can unlock innovation.This is an informational hearing and does not affect the Senate’s consideration of the bill. Meanwhile, following a meeting between the Donald Trump and Senate Republicans on ethics issues, the updated legislative text has yet to be released. Industry leaders say they are currently preparing for the text’s release to be postponed until next week.
09:53
Svmuu News: According to Gate data, Brent crude has risen more than 2.00% today and is currently trading at $85.81 per barrel.
09:52
Svmuu News: Yesterday, Dark Side of the Moon released its latest open-source AI model, Kimi K3, which ranked first on the Frontend Code Arena testing site with a score of 1,679, surpassing Claude’s Fable 5 model. Artificial Analysis conducted an evaluation of the K3 model, after which Emask once again praised Dark Side of the Moon’s Kimi model, calling the K3’s benchmark performance impressive.
In March of this year, Kimi released the research paper *Attentive Residuals: Rethinking Deep Directional Aggregation,” for which he received praise from Musk: “Kimi’s research work is impressive.” Previously, he also stated that Zhipu’s GLM model might surpass the Claude Mythos model (i.e., Fable 5) in Q1 2027. In response, Zhipu founder Tang Jie remarked, “It won’t take that long.”
09:47
Svmuu News: According to data from MSX.COM, SK Hynix ADR (SKHY.O) has fallen below its initial public offering price of $149 for the first time.
09:46
Svmuu News: According to data from MSX.COM, NVIDIA’s stock price fell 4.33% to $198.420 per share, with its total market capitalization shrinking to $4.80 trillion. The Nasdaq’s 100 Index extended its decline to 2.7%, hitting a new intraday low.The Philadelphia Semiconductor Index fell 5% to 11,267.17 points.
09:42
Svmuu News: According to Whale Alert, a wallet with the address “0x5db2” burned 99,755 WHYPE tokens, worth approximately $5,935,687.
09:41
Svmuu News: Optimism, the Layer 2 infrastructure for the Ethereum, has officially announced a three-party strategic partnership with Dunamu (operator of Upbit), fintech platform Toss, and DB Securities to comprehensively expand into the South Korean market.In collaboration with Dunamu, the two parties will upgrade the GIWA public chain based on the OP Stack and drive its global expansion; they will also conduct a three-month proof-of-concept with Toss to build a compliant digital financial infrastructure for the South Korean won.Optimism and DB Securities will focus on the STO and RWA sectors, planning to tokenize Jeju Island’s smart agriculture and livestock assets, as well as South Korean intellectual property, into tokenized securities and real-world asset products. They will implement the commercialization of on-chain integration for local physical assets in phases, with the entire collaboration plan designed to comply with South Korea’s financial regulatory framework.
09:39
Svmuu News Coinbase reports that some users may experience delays when withdrawing funds on the Ethereum network; however, buying, selling, fiat withdrawals, and deposits remain unaffected.
09:39
Svmuu News: On-chain digital asset management neobank ether.fi has selected Nexus Mutual to provide ETH slashing protection, covering up to 15,000 ETH in slashing penalties for its validators. ether.fi stated that it operates a large validator set at Ethereum, and slashing is considered a tail risk. This coverage is intended to compensate validators for losses and exceeds the total historical ETH slashing losses. ether.fi currently manages over $6 billion in assets across products such as Cash, Stake, and Liquid.Since 2019, Nexus Mutual has provided over $7 billion in coverage for smart contract attacks, slashing, and other digital asset risks. (Decrypt)
09:37
Svmuu News: According to data from MSX.COM, SpaceX (SPCX.O) shares have fallen 38% from their peak, and the company’s market capitalization is set to shrink by approximately $1 trillion from its peak.
09:35
Svmuu News: According to data from MSX.COM, Apple (AAPL.O) has surpassed NVIDIA (NVDA.O) to become the world’s most valuable company.
09:35
Svmuu News: According to data from MSX.COM, the Philadelphia Semiconductor Index opened down 3.24%.Among its components, NVIDIA’s stock price fell 2.52%, TSMC’s stock price fell 4.77%, Broadcom’s stock price fell 1.92%, Micron’s stock price fell 2.78%, AMD’s stock price fell 4.02%, and ASML’s stock price fell 2.74%.
09:34
Svmuu News: According to the latest data from Gate, the price of gold has fallen to $3,966.58 per ounce, marking a 0.24% decline for the day. The price of silver has dropped to $54.951 per ounce, marking a 0.38% increase for the day.
The BVIX (BTC Volatility Index) is currently quoted at 37.09, up 0.22% for the day. The EVIX (ETH Volatility Index) is currently quoted at 51, up 2.62% for the day.
In the foreign exchange market, the U.S. dollar against the offshore Chinese yuan (USD/CNH) rose 0.11% intraday, with the current exchange rate at 6.7804. The U.S. dollar against the Japanese yen (USD/JPY) rose 0.04% intraday, with the current exchange rate at 162.432.
In global stock indices, the Euro Stoxx 50 Index (EUSTX50) fell 0.21% intraday to 6,199.04 points; the UK FTSE 100 Index (UK100) fell 0.2% on the day to 10,535 points; and the German DAX 40 Index (GER40) fell 0.31% on the day to 24,715.6 points.
In the commodities market, WTI crude oil rose 2.69% intraday to $81.79 per barrel. Brent crude oil rose 1.95% intraday to $86.63 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.
09:33
Svmuu News: According to data from MSX.COM, at the opening of U.S. markets, the Dow Jones Industrial Average fell 1.04%, the S&P 500 Index fell 1.15%, the Nasdaq Composite fell 1.75%, and the VIX Fear Index rose 14.05%.AI-related stocks were broadly lower, with Intuitive Surgical down 10.79%, Cadence down 6.35%, Astera Labs down 5.4%, Teradyne down 5.01%, and KLA down 4.83%.
It is reported that MSX is a leading RWA trading platform that has listed hundreds of RWA tokens to date, covering popular U.S. stocks and ETF tokens such as NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD.
09:32
Svmuu News: According to data from MSX.COM, the U.S. chip and semiconductor sector continued its correction, with NVIDIA’s stock price falling 2.07%, TSMC’s stock price falling 4.49%, and Broadcom’s stock price falling 1.62%.SK Hynix shares fell 2.33%, Micron. shares fell 3.19%, and AMD shares fell 3.86%,ASML shares fell 2.46%, Intel shares fell 3.69%, Lam Research shares fell 4.62%, and ARM shares fell 4.77%.

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