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7/19
21:07
Svmuu News: Zach Pandl, Head of Research at Grayscale, stated on July 15, 2026, that if the price of Bitcoin has formed a solid bottom but is consolidating before a recovery, a covered call strategy could generate income from Bitcoin volatility while managing spot price exposure.
Grayscale assumes a spot price of $65,000 for Bitcoin and an implied volatility of 40%, and projects the strategy through the end of 2026.Under this scenario, the covered call strategy yields an annualized return of approximately 22%, remains profitable above a breakeven price of about $58,500, and outperforms holding the spot asset alone Bitcoin by the time Bitcoin reaches approximately $72,500 at expiration.
Pandl notes that option premiums provide income and downside protection, at the cost of forgoing some upside potential if Bitcoin rises significantly. If Bitcoin the spot price falls below the breakeven point, the strategy will still incur a loss, but the loss will be less than that of a direct long position in spot Bitcoin Bitcoin, with the difference equivalent to the call option premium.
Grayscale’s Grayscale Bitcoin Covered Call ETF, ticker symbol BTCC, aims to maximize income-generating potential through the writing of covered calls. The fund does not invest directly in digital assets or initial coin offerings (ICOs), but rather gains indirect exposure to digital assets through derivatives linked to exchange-traded products that hold digital assets.
21:02
Svmuu News: Lookonchain posted on X that gud.hl bet $1.23 million when Argentina’s odds of winning the 2026 World Cup were just 10%. If the bet had been successful, the $1.23 million would have turned into $12.35 million; ultimately, the entire $1.23 million was lost.
21:02
Svmuu News: According to the latest data from Gate, the price of gold has risen to $4,008.57 per ounce, marking an intraday gain of 0.18%. The price of silver has risen to $56.575 per ounce, marking an intraday gain of 2.3%. The BVIX (BTC Volatility Index) is currently quoted at 36.6, down 2.79% for the day. The EVIX (ETH Volatility Index) is currently quoted at 50.5, up 1.1% for the day. In the foreign exchange market, the U.S. dollar against the offshore Chinese yuan (USD/CNH) rose 0.03% intraday, with the current exchange rate at 6.77563. The U.S. dollar against the Japanese yen (USD/JPY) fell 0.04% intraday, with the current exchange rate at 162.337. In global stock markets, the Euro Stoxx 50 Index (EUSTX50) rose 0.24% intraday to 6,227.04 points; the UK FTSE 100 Index (UK100) fell 0.04% on the day to 10,565.7 points; and the German DAX 40 Index (GER40) fell 0.19% on the day to 24,812.2 points. In the commodities market, WTI crude oil rose 0.73% intraday to $84.25 per barrel. Brent crude oil fell 0.39% intraday to $89.31 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.
20:58
Svmuu News TSMC plans to make an additional $100 billion in U.S. investments to meet growing demand for AI chips and counter competitive pressure from Intel and Musk’s Terafab, among others.This additional investment may be used to build four wafer fabs in Arizona, with the local footprint potentially expanding to 10 wafer fabs and two advanced packaging facilities. (Bloomberg)
20:46
Svmuu News: On the evening of July 19 local time, after arriving at Joint Base Andrews aboard “Air Force One,” U.S. President Donald Trump told the media that, in retaliation for the deaths of three U.S. service members in the Middle East, the U.S. military is carrying out “intense airstrikes” against Iran.
Donald TrumpHe reiterated that U.S. forces control the Strait of Hormuz and have attacked Iran for the ninth consecutive night. Donald Trump He stated once again, “Iran has suffered an extremely heavy blow, and its military capabilities have been nearly wiped out. They still have some missiles, some drones, and a little manufacturing capacity, but there is very little left.We control the Strait, while they now control nothing.” (CCTV International News)
20:37
Svmuu News: Following a recent sharp pullback, the South Korean stock market is attempting to rebound, but some analysts believe it will be difficult to reclaim previous highs within the third quarter. As the KOSPI’s margin debt remains at a relatively high level, market volatility may widen further, and the South Korean stock market is expected to continue trading within a range and searching for direction through the end of the year.
Kim Jun-young, a researcher at iM Securities, stated in a report on the 20th: “Rather than expecting the KOSPI index to return to its previous highs within the third quarter, it is more realistic to assume that the market will continue to consolidate within a range while searching for direction, a situation that may persist until the end of the year.” “ "The persistently high margin balance implies that high market volatility could further amplify index fluctuations," he added. "If the index falls further, we must also be wary of the risk of a margin sell-off triggered by margin position liquidations." (Jin Shi)
20:35
Svmuu News: Renowned rapper Drake had bet $1.5 million that Argentina would defeat Spain in the World Cup final, but ultimately lost that money when Argentina lost the match. (Cointelegraph)
20:32
Svmuu News: The second phase of the Bank of Korea’s central bank digital currency (CBDC) pilot project, the “Han River Project,” is set to begin. The Bank of Korea and commercial banks are making final preparations for the second phase of real-world transaction testing using deposit tokens. If system development and participant recruitment proceed as planned, actual transactions are expected to begin as early as September.
During the first phase of transaction testing, conducted from April to June of last year, 81,000 people participated via e-wallets and completed 114,900 transactions using deposit tokens. While the first phase primarily evaluated the deposit token payment system, the second phase will focus on exploring commercialization.
Additionally, in its economic growth strategy for the second half of the year released on the 15th, South Korea’s Ministry of Economy and Finance announced that it will launch a pilot project next year to tokenize government bonds linked to the Bank of Korea’s institutional-level central bank digital currency (CBDC).
20:31
Svmuu News: According to Onchain Lens, Allbridge Core was attacked on Solana. The attacker borrowed $1.12 million in USDC via a Kamino flash loan, then quickly exchanged USDC for USDT, distorting the ratio of the Allbridge stablecoin pool, and withdrew liquidity at the manipulated exchange rate. In the same transaction, the attacker repaid the flash loan and withdrew approximately $1.1 million. The funds were subsequently laundered through a privacy protocol. Allbridge’s largest single withdrawal was $2.24 million in USDC; further analysis of the exploit and the affected pools is still underway.
20:29
Svmuu News: According to Lookonchain’s monitoring, a mysterious whale created a new wallet 10 hours ago and placed a $1.95 million bet on Spain to win the 2026 World Cup at odds of 59.1%. The whale won the bet and made a profit of $1.35 million within a few hours.
20:24
Svmuu News: U.S. President Donald Trump: Tonight, we have once again dealt a heavy blow to Iran.
20:23
Svmuu News: According to Gate data, spot silver has risen more than 1% today and is currently trading at $56.49 per ounce.
20:20
Svmuu News: According to EmberCN’s monitoring, a whale address continued to increase its BTC long positions approximately 50 minutes ago. Currently, the size of its BTC long positions has reached 1,662.5 BTC, valued at approximately $108 million.
Data shows that the average entry price for this position was approximately $63,958, with a current unrealized profit of about $1.38 million. Since the position uses high leverage, its liquidation price is relatively close to the current price, at approximately $63,142.
20:14
Svmuu News: Ansem posted on X stating that he had purchased PUMP tokens at around $0.001675. Ansem noted that pump.fun continues to generate approximately $30 million to $40 million in monthly revenue even during the bear market, and believes that Solana may once again become a key platform for retail trading activity in this cycle. He further noted that if pump.fun were to stimulate the meme coin trading ecosystem through an airdrop—and if the airdrop’s scale exceeded $300 million—market trading volume, attention, and activity could see a boost. Additionally, Ansem noted that if the price falls below the low of approximately $0.0014 reached during the unlocking and sell-off period, this investment logic would no longer hold.
20:14
Svmuu News: According to OKX market data, BTC has broken through 65,000 USDT and is currently trading at 65,006.4 USDT, up 0.23% over the past 24 hours.
20:13
Svmuu News: David Sacks, Chair of the U.S. President’s Council of Advisors on Science and Technology, posted on X stating that the Kimi K3 model recently completed 15 critical security vulnerability fixes, while Codex and Fable refused to process related requests due to “cybersecurity protection mechanisms.” He noted that there is no reason to restrict U.S. models from performing these tasks due to security constraints when Chinese models are able to complete them normally. Doing so would only undermine U.S. competitiveness.
20:12
Svmuu News: According to Onchain Lens, Bitvavo (0x638...213) withdrew 3.89 million LINK from Coinbase Prime to a new wallet, worth approximately $32.59 million.
20:11
Svmuu News: According to data from MSX.COM, SK Hynix has turned positive after falling more than 5% earlier; Samsung Electronics has nearly recovered its losses.
20:11
Svmuu News: Samsung SDS announced on the 20th that it has launched a service-based NPU (NPUaaS) based on FuriosaAI’s second-generation neural network processor, Renegade (RGND), on the Samsung Cloud Platform (SCP). Renegade is a South Korean-developed NPU designed for AI inference, used in tasks such as generating responses from pre-trained AI models, document analysis, and image classification.
Samsung SDS stated that NPUaaS customers do not need to purchase NPU servers directly or build their own data centers; instead, they can use the service via a subscription model through SCP. Enterprises can select 1, 2, 4, or 8 NPUs based on their needs and data volume, and use them in conjunction with SCP’s high-performance storage, computing, and high-speed networking products.
Samsung SDS also noted that this NPUaaS will be provided within the SCP Sovereign Cloud environment to support public sector customers subject to strict security regulations. Lee Ho-jun, Head of the Cloud Services Division at Samsung SDS, stated that the company will continue to expand its SCP-based product portfolio.
20:04
Svmuu News: According to data from MSX.COM, South Korea’s KOSPI index opened down 283.95 points, or 4.16%, at 6,536.65 on Monday, July 20. Both Samsung Electronics and SK Hynix fell more than 5%.

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