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7/17
18:46
Svmuu News: According to Onchain Lens, a Hyperliquid whale sold $5.81 million worth of HYPE after several weeks of inactivity. Over the past 24 hours, the wallet sold 91,100 HYPE; since April, it has held a cumulative total of 861,100 HYPE, worth approximately $55.3 million.
18:29
Svmuu News: HyperliquidNews posted on X stating that DAT HypeStrat did not adjust its corporate treasury this week and did not purchase Hyperliquid’s native token or PURR; its mNAV has fallen to a long-term low and currently stands at 0.87 times, or 0.80x after taxes.
18:17
Svmuu News: According to Onchain Lens, a whale sold 30,000 ETH via Galaxy Digital OTC, exchanging them for 55 million USDC, and subsequently deposited the funds into Coinbase.
17:48
Svmuu News: The FTX Recovery Trust and FTX announced that they will launch the next round of distributions on July 31, allocating approximately $900 million to senior and unsecured claimants under the reorganization plan. Eligible creditors can expect to receive funds within 1 to 3 business days via their BitGo, Kraken, or Payoneer accounts.
This is the fifth round of distributions by FTX to creditors. Under the FTX reorganization plan, senior claims under $50,000 will be paid at 120%, while other claims will receive distributions ranging from 103% to 105%.
Since FTX filed for bankruptcy in November 2022, the FTX Recovery Trust has distributed approximately $10 billion. Former FTX CEO Sam “SBF” Bankman-Fried was sentenced to 25 years in prison in 2024, and his appeals against his conviction and sentencing were dismissed last month.
17:16
Svmuu News: Decentralized hedge fund Numerai announced the completion of its third strategic NMR purchase, acquiring an additional $1.2 million worth of NMR from the open market, bringing its total NMR buybacks over the past year to $3.2 million.
Numerai stated that this buyback is intended to support its staking system. This system allows independent data scientists to stake NMR on models; when a model performs well in predicting future market data, the staker receives additional NMR, but loses staked tokens if the model underperforms.
Numerai noted that since announcing its first strategic buyback in July 2025, the number of active accounts has more than doubled, and the firm has launched infrastructure such as Numerai Skills, the Numerai Model Context Protocol, and Atomic Blockchain Staking.
Numerai currently manages approximately $700 million in assets, up from about $560 million at the end of 2025. Numeraire is a fixed-supply token (Ethereum) with a cap of 11 million NMR; this buyback was executed on the open market over several weeks through Coinbase Institutional.
17:11
Svmuu News: BitcoinTreasuries.NET posted on X stating that the publicly traded company Farmhouse FMHS purchased an additional 1 Bitcoin, bringing its total holdings to 12.209 Bitcoin.
16:46
Svmuu News: Uniswap founder Hayden posted on X stating that Uniswap has just submitted two governance proposals for final on-chain voting, including enabling v2 and v3 protocol fees on the Robinhood Chain, as well as on Ethereum, Base, Arbitrum,Robinhood, BNB, Polygon, and Optimism, with a third proposal related to the remaining v4 chains set to be submitted shortly. Both proposals will channel all new protocol fees into the existing UNI burn mechanism.Based on current trading volume—particularly Robinhood-related trading volume—the impact on UNI burns is expected to be significant.
14:03
Svmuu News: New Hampshire Governor Kelly Ayotte recently signed HB 639, the “Blockchain Basic Laws,” into law, providing increased legal protection for digital asset users, developers, miners, validators, and businesses, while safeguarding the rights to use and self-custody digital assets.
The bill also authorizes the creation of a specialized docket for blockchain-related disputes. New Hampshire’s 2025 law allows the state treasurer to allocate up to 5% of certain public funds to precious metals and eligible digital assets; currently, only Bitcoin meets the market capitalization threshold.
Texas Governor Greg Abbott signed SB 21 into law in June 2025, establishing the Texas Strategic Bitcoin Reserve. State legislators allocated $10 million, and Texas subsequently made an initial investment of approximately $5 million through the spot Bitcoin ETF.
In Wyoming, a 2025 proposal to allow up to 3% of state funds to be invested in Bitcoin was not passed, but the state continued to advance its specialized banking framework and the Frontier Stable Token. FRNT became publicly available in January 2026 and was described as the first state-issued stablecoin in the United States.
13:10
Svmuu News: According to OKX market data, BTC has broken through 64,000 USDT and is currently trading at 64,008.9 USDT, with the 24-hour decline narrowing to 0.46%.
12:34
Svmuu News Donald Trump Trump Media & Technology Group (TMTG) is exploring ways to monetize the real-time news feed on the Truth Social platform by offering institutional clients high-speed access to data from posts on Donald Trump, with quotes reaching $100,000 per month.Reportedly, Donald Trump Media & Technology Group has presented potential clients with a six-figure monthly subscription plan that allows users to access the latest updates from U.S. President Donald Trump on Truth Social more quickly. The service is primarily aimed at institutional investors seeking to track policy signals, market sentiment, and the impact of political events with low latency.
As one of Donald Trump’s primary public communication channels, Truth Social’s content has long been closely watched by financial markets. Policy views, tariff measures, and regulatory statements released by Donald Trump have repeatedly triggered volatility in stock, foreign exchange, and cryptocurrency markets in the past. However, it remains unclear whether this high-speed data service has signed any clients or how many institutions are willing to pay the associated fees.(Financial Times)
12:25
Svmuu News: Cardano developer Input Output will transfer control of key blockchain components—including Haskell nodes, the Plutus platform, and the Daedalus wallet—to external specialized teams starting in August, as part of a multi-year plan to advance decentralization.
Independent companies such as Se7en Labs and Teragone will be responsible for portions of the core infrastructure. At least three Cardano implementations will be maintained in Haskell, Rust, and Go, and will be subject to community oversight and formal specification management.
Cardano is currently facing low network activity and a sharp decline in the price of its ADA token. Founder Charles Hoskinson has characterized this restructuring and related ecosystem setbacks as necessary “growing pains” on the path toward full decentralization.
12:24
Svmuu News: Meta Platforms (META.O) is in talks with Anthropic regarding a computing power leasing agreement; the deal could be worth up to $10 billion and last for two years. (The New York Times)
12:23
Svmuu News: According to data from MSX.COM, the U.S. memory sector continued to rise after turning positive, with SK Hynix up more than 8%, SanDisk up more than 4%, and Micron up more than 3%.The Philadelphia Semiconductor Index also narrowed its losses to less than 1%, having previously fallen as much as 5.6%.
12:22
Svmuu News: On July 17, the French regulatory authority ANJ announced that the Polymarket website would be blocked within France, following the agency’s November 2024 ban on financial transactions on the site. The ANJ stated that the website’s continued availability and real-time updates of odds for various events constitute advertising. Although trading from French accounts has been prohibited, the number of visits to the Polymarket website from French IP addresses has continued to rise, reaching 578,800 in June.
12:22
Svmuu News: The French National Gambling Authority (ANJ) announced on July 17 that it will block users in France from accessing the prediction market platform Polymarket, following a previous ban on the platform accepting financial transactions from French accounts.
The ANJ stated that although France had already restricted financial transactions related to Polymarket as early as November 2024, the platform’s website remained accessible to French users, and user traffic continued to grow; therefore, it decided to implement further website blocking measures.
Data shows that Polymarket allows users to trade predictions on the outcomes of future events, including in the political, economic, and sports sectors. Since the platform displays real-time betting odds for various events, French regulators consider this practice to constitute advertising for unauthorized gambling websites.
The ANJ noted: “Promoting unauthorized betting or gambling websites in any way constitutes a criminal offense.” Such violations are punishable by a maximum fine of 100,000 euros (approximately 147,000 Singapore dollars).
Regulators stated that although users with French accounts can no longer conduct such transactions, traffic from French IP addresses continues to rise, reaching 578,751 visits in June.
This ban further highlights European regulators’ focus on prediction market platforms. As decentralized prediction markets such as Polymarket experience rapid global growth, the question of whether they constitute financial innovation, information markets, or gambling operations is becoming a focal point of regulatory discussions across nations. (Straitstimes)
12:15
Svmuu News: Serenity, known as the “White-Haired Stock Guru,” posted on X stating that, due to the recent market crash, his portfolio experienced a maximum drawdown of 49.4% this month, but he remains steadfast in his view on the long-term trends of the AI industry chain.
Serenity revealed that his portfolio is primarily concentrated in key segments of the AI industry chain, including: the upstream semiconductor sector, memory chips, photonics, humanoid robotics, and companies related to AI infrastructure. Since these sectors typically have higher beta characteristics, he had previously used leverage in his investments but has since reduced his leverage following this round of market declines.
In response to market skepticism regarding AI-related assets, Serenity noted that many investors have recently begun to believe that “AI is a bubble,” “memory chips and the South Korean KOSPI market are bubbles,” “photonics is a bubble,”
“humanoid robots will not succeed,” and “Neocloud (a new AI cloud service provider) will ultimately be replaced by hyperscale cloud providers like Meta.” At the same time, some retail investors and trading bots have even begun calling for “liquidating everything, as the market will not recover.”
Serenity stated that it still believes these investment themes are underpinned by structural revenue growth and technological transformation. In the past, when global tariff risks shook the market, it experienced similar pullbacks, but the market eventually rebounded. Given its long-term investment horizon, it can withstand higher volatility and will not alter its long-term assessment due to short-term price fluctuations. She shared data on this pullback to maintain transparency and allow the market to see the real risks behind high-volatility growth investments.
Serenity added, “If my forecast is that the revenue inflection point will come in the second half of 2027, and we are currently only in 2026, then a decline lasting just a few weeks or months does not prove that the investment logic has failed.”
12:08
Svmuu News: Bitcoin News posted on X stating that the House’s on-site hearing on the CLARITY Act in New York will also discuss H.R. 8957, the U.S. Reserve Modernization Act, which would establish a U.S. strategic Bitcoin reserve.The proposal would authorize the Treasury Department to acquire Bitcoin through budget-neutral mechanisms rather than imposing new costs on taxpayers, and would require periodic audits, secure custody standards, and transparency regarding the government’s Bitcoin holdings. Supporters believe that ARMA would position Bitcoin as a long-term strategic reserve asset on par with those of other nations.Today’s hearing focused on how the CLARITY Act would unlock innovation in digital assets, and the inclusion of ARMA on the agenda indicates that congressional discussions regarding federal Bitcoin reserves are still moving forward.
11:54
Svmuu News JPMorgan Chase Fabio Bassi, Head of Cross-Asset Strategy, stated that as long as artificial intelligence remains the dominant theme in the market, European stocks are likely to continue underperforming other major global markets. Bassi said, “If the AI theme remains dominant, I don’t think Europe will be able to close the gap with other markets.”He pointed out that Europe faces structural headwinds such as higher policy interest rates, soaring energy prices, and low productivity. However, he believes that from a medium-term macroeconomic perspective, the European market still has underlying support. Given Europe’s large number of export-oriented companies, European stocks will benefit as the global economy remains resilient. (Jinshi)
11:46
Svmuu News: According to an official announcement, Binance has announced that it will gradually list Aerodrome (AERO) on its SimpleEarn flexible products, “Buy Coins” page, Binance flash swaps, Binance Leveraged Trading (cross and isolated) and VIP Lending. Users can instantly purchase AERO via VISA, Mastercard, and other payment methods, and use AERO in the Flash Swap, Leveraged Trading, and Lending features. These services will become available within one hour of the AERO spot listing.
11:46
Svmuu News: Samuel Tombs of Pantheon noted that the University of Michigan Consumer Sentiment Index rose to 54.4 from 49.5 in June, exceeding economists’ expectations of 50.5 but remaining below last year’s average. Samuel Tombs noted that declining inflation expectations offer some comfort to the Federal Reserve, but workers’ lack of bargaining power means it is highly unlikely that wage growth will accelerate due to the recent rebound in overall inflation. (Jin Shi)

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