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7/20
08:03
Svmuu News: Stablecoin issuer Tether announced that its gold token, Tether Gold (XAU₮), has been designated as an “Accepted Spot Commodity” by the Abu Dhabi Global Market (ADGM), paving the way for ADGM-regulated firms to offer XAU₮-related services.
Tether stated that this recognition was achieved following ongoing communication with ADGM and the demonstration of its operational resilience, transparency, and compliance framework, and will help firms with the necessary regulatory licenses support XAU₮ products and services within a regulated environment.Previously, the ADGM Financial Services Regulatory Authority (FSRA) had designated the USD-pegged stablecoin USD₮, issued by Tether, as an “Accepted Fiat Referenced Token.” This recognition of XAU₮ further expands the scope of application for Tether products within ADGM’s regulated ecosystem.
08:02
Svmuu News: According to market reports, Strategy purchased Bitcoin last week, increasing its U.S. dollar reserves by $225 million.
08:01
Svmuu News: Hyperliquid will enable permissionless prediction market deployment as part of the follow-up enhancements to the HIP-4 upgrade, allowing anyone to create prediction markets on the platform. This feature will first launch on the testnet, followed by the mainnet; currently, these markets are entirely controlled by validators.
Hyperliquid stated that, ideally, validators will operate fewer than 10 markets per year, with the remaining markets open to external deployers. Deploying a market requires staking 500,000 HYPE, worth approximately $30 million; if validators determine that a market is poorly defined or contains settlement errors, the staked assets may be forfeited. Deployers can earn up to 50% of the transaction fees generated by that market.
07:58
According to PPP’s prediction market monitoring, in the multiple-choice prediction event on Polymarket titled “Which team will LeBron James play for next season?”, the probability of him joining the Miami Heat has suddenly surged over the past two days, rising to 47%, a 28% increase in a single week, and has now surpassed the Cleveland Cavaliers and the Golden State Warriors to take the top spot.
According to NBA reporter Ary, there is a widespread belief within the NBA that LeBron James will decide his free-agent destination as early as this week, and the Heat have recently emerged as a strong contender among his potential destinations. Sources familiar with the matter reveal that the Cavaliers remain on the list of potential destinations.
It is worth noting that in the summer of 2010—the same year Spain defeated the Netherlands in extra time during the World Cup final in South Africa to claim its first-ever World Cup title—LeBron James announced on the live broadcast program *The Decision* that he was joining the Miami Heat, forming a league-shaking “Big Three” lineup alongside Dwyane Wade and Chris Bosh. This year, Spain also won the World Cup, which may be a fascinating coincidence.
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07:57
Svmuu News: According to OKX market data, BTC has broken through 65,000 USDT and is currently trading at 65,008.2 USDT, up 0.84% over the past 24 hours.
07:47
Svmuu News: Market analysts are warning that traders should closely monitor Bitcoin for a potential “Volmageddon”—a rapid surge in volatility—which is often accompanied by falling prices. This warning is primarily based on the trend of the 30-day implied volatility index (BVIV) at Bitcoin.The BVIV is often regarded as the crypto market’s version of the “fear index” (VIX), and its fluctuations are influenced by demand for options. As options are derivatives used by investors to hedge against the risk of severe market volatility, higher demand typically leads to higher implied volatility, and vice versa.
Currently, the BVIV is hovering in the 34%–38% range.Historical data shows that this range has repeatedly served as a key threshold preceding volatility spikes, often followed by a price pullback in Bitcoin. For example, in late May of this year, the BVIV entered a similar range, after which Bitcoin prices fell from $74,000 to below $60,000 in less than a week, while the BVIV rose significantly.Similar patterns also occurred prior to the market crash in early February of this year, as well as during the correction phase following Bitcoin’s all-time high in October of last year.
Although past performance is no guarantee of future results, it is widely believed that volatility exhibits mean-reversion characteristics. Typically, periods of low volatility are often followed by increased volatility, while periods of high volatility may gradually return to stability.BVIV remains below its 30-day and 200-day simple moving averages, indicating that the current cost of market volatility is at a relatively low level and close to historical support zones. This may signal an imminent rebound in volatility, with the market potentially entering a new round of volatility.
As of now, the price of the Bitcoin remains above $64,000, having traded sideways since last Wednesday. Although some analysts note that the Bitcoin spot ETF has seen net capital inflows for two consecutive weeks, the current inflow volume remains relatively limited compared to the tens of billions of dollars that were withdrawn during the previous eight-week period of outflows.Traditional market volatility indicators are currently sending mixed signals. South Korea’s KOSPI VIX is currently above 70%, reaching its highest level since the 1990s;the U.S. stock market’s fear gauge, the VIX, rose more than 12% last Friday to around 18% and has remained near that level. However, these volatility levels have persisted for several months, indicating that no significant panic has yet emerged in the stock market. (CoinDesk)
07:39
Svmuu News: The joint proof of concept (PoC) conducted by the South Korean credit card industry regarding the won-pegged stablecoin is set to conclude at the end of July, and there are no plans to establish new working groups moving forward. This test focused on verifying the payment capabilities of the won-pegged stablecoin in scenarios such as QR codes and POS terminals, as well as the feasibility of converting local currencies, consumer vouchers, and credit card points into stablecoins. In the payment sector, card companies will independently advance related businesses in the future based on their own strategies:
1. Shinhan Card and KB Kookmin Card have both integrated with the Solana network;
2. BC Card has completed testing of payments made by foreign nationals using stablecoins at merchants in South Korea;
3. Woori Card plans to integrate stablecoin payment functionality into its WON Card app;
4. Samsung Card has opted for a capital partnership approach, joining forces with Samsung Securities and Samsung SDS to invest 612.8 billion won to acquire a 4% stake in Dunamu, the parent company of Upbit, with the aim of exploring the introduction of digital asset payment features on the financial platform “Monimo.” (NATE)
07:38
Svmuu News: AMD’s annual flagship AI conference, “Advancing AI 2026,” will be held in San Francisco, USA, on July 22–23 (local time). UBS A pre-event report suggests the event may focus more on showcasing technology than on announcing customer or financial information. AMD is expected to reveal the latest progress on its data center CPU (including Venice and Verano) and GPU (MI450x and MI500) roadmaps;Updates on the embedded and gaming graphics businesses are also expected. UBS has assigned AMD a “Buy” rating and raised its price target from $670 to $700.
07:37
Svmuu News: According to data from MSX.COM, futures for the three major U.S. stock indices are trading higher, with Nasdaq 100 futures up more than 1%, S&P 500 futures up 0.57%, and Dow Jones futures up 0.43%.The storage sector edged higher in premarket trading, with Micron. rising 5.00%, Western Digital up 4.25%, Seagate Technology up 3.63%, SanDisk up 4.96%, and SK Hynix up 6.30%.In addition, AMD and Intel were up 3.6% and 2.6%, respectively, in premarket trading.
07:36
Svmuu News: Jordan Nanos and Max Kan, analysts at the semiconductor research firm SemiAnalysis, released a report analyzing “The Dark Side of the Moon,” Kimi K3.Comprehensive benchmark tests show that the 2.8 trillion-parameter Kimi K3 ranks third globally in overall performance, trailing only Fable 5 and GPT-5.6, and outperforming Google Gemini—a clear indication that the gap in cutting-edge AI between China and the U.S. continues to narrow.
The analysts pointed out that Kimi K3 cannot be deployed on a single-card setup using theNVIDIAB200; it requires high-end computing hardware such as the GB300 or AMD MI355X. Based on this, they infer that the parameter scales of OpenAI and Anthropic’s flagship models are comparable to Kimi K3’s, indicating no generational-level lead.
In terms of pricing, Kimi K3 charges $3 per million tokens for input and $15 per million tokens for output, comparable to Anthropic’s Sonnet, representing a threefold increase from the previous generation.Analysts estimate that if “The Dark Side of the Moon” can operate sustainably, the higher pricing of OpenAI and Anthropic would correspond to API business profit margins significantly higher than those of SaaS. This conclusion is based solely on reverse calculations of Kimi’s parameters, performance, and pricing, and does not reflect publicly disclosed corporate financial data.
07:35
Svmuu News: A Fox Business crypto reporter posted on X, stating that following President Donald Trump’s meeting with Republican senators last Thursday, the White House has yet to reach an agreement on the parameters of the ethics guidelines, and the industry is still awaiting the updated bill text.
07:33
Svmuu News: According to Gate data, both WTI and Brent crude oil prices fell by more than $1 in short-term trading, with WTI crude dropping below $81 per barrel, marking a 1.69% decline for the day. Brent crude has fallen 1.00% today and is currently trading at $85.88 per barrel.
07:32
Svmuu News: As the correlation between the South Korean stock market and U.S. tech stocks continues to strengthen, global fund managers are viewing the South Korean market as a leading indicator of AI investment sentiment. Monitoring the performance of South Korean tech stocks such as Samsung Electronics and SK Hynix before the market opens has become the new norm in the industry.
Data shows that the 60-day correlation coefficient between the Korea Composite Stock Price Index (KOSPI) and the Nasdaq 100 Index has risen to 0.46, approaching its highest level in the past two years and roughly three times the five-year average of 0.16.Particularly during market downturns, the sensitivity of the Nasdaqs to the performance of South Korean stocks has increased significantly, with the correlation reaching its highest level since 1990 on the 7th of this month.
Driven by market concerns over the outlook for AI demand, the Korea Composite Stock Price Index (KOSPI) plummeted nearly 9% at one point on the 13th of this month, causing SK Hynix ADRs to fall more than 9% and dragging down the U.S. semiconductor sector as a whole. JPMorgan Chase Representatives from asset management firms and institutions such as PineBridge noted that global investors now use the South Korean market to gauge risk appetite in the AI sector, even continuing to track the performance of SK Hynix ADRs and related ETFs after the South Korean market closes.
Ivan Feinseth, Chief Investment Officer at Tigris Financial Partners, said that the South Korean market, along with the Nasdaq and the Philadelphia Semiconductor Index, has become a key barometer of global tech stock volatility, with Samsung Electronics, SK Hynix, and the KOSPI serving as “pre-market indicators” of risk appetite in the U.S. AI and semiconductor markets.
However, since its June high, the KOSPI has fallen 25% in cumulative terms, with market capitalization evaporating by approximately $1 trillion; both Samsung Electronics and SK Hynix have seen their stock prices drop more than 30% from their peaks. Leveraged trading has amplified market volatility, making the South Korean stock market one of the most volatile among major global stock indices.(Bloomberg)
07:30
1. Musk denies reports that SpaceX ordered $52 billion worth of GB300 GPUs from NVIDIA;
2. Samsung Electronics’ foundry division is evaluating expanding the initial production capacity at its Taylor, Texas, plant to twice the originally planned level;
3. Analysis: South Korea’s semiconductor industry’s net profit could reach 1,019 trillion won next year;
4. Reaching a record high, the supply of non-USDC/USDT stablecoins on Solana has reached $4.81 billion;
5. HSBC: AI’s direct impact on inflation is more likely to be felt in South Korea;
6. 300 million won in assets wiped out in four weeks; South Korea’s frenzied stock market trading exposes margin loan risks;
7. South Korea has prosecuted 304 individuals for crimes related to finance, securities, and virtual assets over the past year, seizing 381.4 billion won;
8. Iran’s Foreign Ministry confirmed receipt of a proposal from mediators but did not disclose details;
9. The Hong Kong Stock Exchange is considering extending stock trading hours and eliminating the midday break;
10. Implied volatility for Bitcoin options has fallen to low levels; analysts say this may signal significant volatility ahead.
07:28
Svmuu News: According to the latest in-depth report by U.Today, as prediction markets continue to gain momentum, sports events are becoming a key driver of industry growth. As the world’s first centralized exchange to integrate Polymarket, Gate Polymarket has significantly lowered the barrier to entry for users by offering a trading experience that requires no wallet, no cross-chain transactions, and no gas fees. Users can participate in predictions directly using the USDT in their Gate accounts, without the need for complex on-chain operations. Currently, Gate Polymarket has become one of Polymarket’s largest traffic sources. As of July 16, its cumulative trading volume had surpassed $622 million, with weekly trading volume on July 6 exceeding $100 million, ranking first among all Polymarket channels in terms of daily, weekly, and monthly trading volume.
The report notes that the 2026 World Cup has become one of the key catalysts driving the rapid growth of prediction markets. The World Cup Hub, built around the World Cup, integrates the tournament schedule, standings, real-time scores, match alerts, historical data, and prediction trading. Sports predictions continue to attract a large number of users, further driving the continuous growth of Gate Polymarket’s activity and market liquidity.
U.Today believes that Gate has not only lowered the barrier to entry for prediction markets but has also further enhanced the product experience by introducing innovative features such as a dual-mode trading interface, AI event analysis, “smart money” tracking, real-time capital flow alerts, and event contracts—all of which help users identify market opportunities more efficiently. By deeply integrating the convenient experience of a centralized exchange with Polymarket’s decentralized prediction market, Gate is continuously expanding the application scenarios for prediction markets, propelling on-chain prediction markets toward a more open, efficient, and mainstream phase of development.
07:23
Svmuu News: Bitget has launched a stock spot trading event, running from July 20 to July 27. During the event, users who complete designated spot trading tasks for rTokens of specific stocks will earn entries for a mystery box giveaway. Users can earn up to 30 mystery boxes per day, with a 100% win rate. The prize pool includes rDRAM stock rewards ranging from 0.02 to 50 rDRAM.
Additionally, the event features a trading volume leaderboard competition. The top 50 users by cumulative trading volume will share 270 rDRAM, with the champion receiving 25 rDRAM exclusively. For more details, please visit the official Bitget platform.
07:20
Svmuu News: IREN’s stock rose 8.5% in premarket trading after the company signed a new customer contract worth $2.8 billion.
07:19
Svmuu News: Bernstein raised its price target for Robinhood from $130 to $160 and maintained its “Outperform” rating. The firm expects that, as Rothera and Robinhood Chain drive this next-generation trading initiative, prediction markets will replace cryptocurrency as one of Robinhood’s primary revenue sources as early as the second quarter.
07:14
Svmuu News: Michael Saylor, Executive Chairman of Strategy, published a 110-point article opposing the proposed BIP-110 soft fork on Bitcoin.BIP-110 plans to tighten the Bitcoin consensus rules within about a year, restricting the technology used to embed arbitrary data, with the aim of targeting non-financial data such as Ordinals and inscriptions.
Michael Saylor stated that BIP-110 would invalidate currently valid and paid-for transactions through the consensus mechanism, and argued that Bitcoin cannot discern the intent behind the data. He believes that subjecting a particular use case to restrictions at the consensus layer would set a governance precedent; while the restrictions themselves would expire in about a year, the precedent would remain.
He also opposes the proposal’s activation design, noting that it lowers the miner signal threshold from 95%—used in earlier soft forks—to 55% and removes the option to allow proposals to expire naturally. The proposal’s monitoring dashboard shows that the current signal support rate is below 1%.
The BIP-110 mandatory signaling window will open in August, with a target activation date of approximately September 1.Michael Saylor’s position aligns with that of Blockstream CEO Adam Back, Casa’s Jameson Lopp, and Bitcoin supporter Samson Mow, while opponents include developer Luke Dashjr and the Bitcoin Knots camp.
07:14
Svmuu News: QCP Market reports that global market sentiment has shifted toward risk aversion due to the situation in the Middle East and expectations of a hawkish stance by the Federal Reserve.Following the U.S. naval blockade of Iranian ports, crude oil prices rose, with Brent crude returning above $85 per barrel and posting a weekly gain of over 10%.In the U.S. stock market, the semiconductor sector led the decline, with capital flowing out of high-beta AI tech stocks and shifting toward defensive and energy sectors. BTC consolidated within a narrow range between $63,000 and $65,000, while ETH continued to underperform. Bitcoin ETFs recorded net inflows for four consecutive days following previous net outflows of approximately $8 billion; implied volatility in options came under pressure, and demand for BTC call options at the end of last month ahead of the FOMC meeting left market makers with a short gamma position.

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