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7/23
07:31
During the four-day rally in the South Korean stock market, foreign investors made net purchases of 5.57 trillion won, with more than 80% of the inflows going to Samsung and SK Hynix.
Svmuu News: According to data from the Korea Exchange, foreign investors made net purchases in the South Korean stock market for four consecutive trading days from July 20 to 23, with a cumulative net inflow of 5.574 trillion won—marking the first time since April that net inflows have occurred for four consecutive days.Among these, Samsung Electronics and SK Hynix were the primary recipients of the capital inflows, recording net purchases of 1.73 trillion won and 2.76 trillion won, respectively. Together, they accounted for 4.48 trillion won, representing more than 80 percent of the total net foreign purchases during the same period.
The market believes that tech giants such as Google, and others have continued to raise their AI capital expenditure forecasts, driving an improvement in the demand outlook for HBM and server DRAM. Coupled with the increased attractiveness of these companies’ valuations following earlier adjustments, this has led foreign investors to concentrate their investments in South Korea’s leading memory chip manufacturers. (Daum)
07:31
Lyn Alden's Orange Juice Raises $40 Million in Funding, Led by Ricardo Salinas
Svmuu News: Lyn Alden's Orange Juice has announced the completion of a $40 million funding round led by Ricardo Salinas. The company's primary business is to build alternative capital solutions beyond traditional private equity based on Bitcoin.
07:30
Svmuu Evening Brief
1. South Korea’s Financial Services Commission plans to regulate digital asset custody as a separate business;
2. Analysts: NAND flash memory supply shortages may ease by 2027;
3. Swiss cantonal banks launch regulated cryptocurrency trading services through Sygnum;
4. Restrictions expected to be lifted; South Korea plans to allow financial institutions to hold equity in crypto firms;
5. 490,000 HYPE transferred in two days; suspected Multicoin Capital wallet transfers approximately $29.48 million worth of HYPE;
6. Three months after the Drift Protocol hack, funds are being transferred in batches of 100 ETH each;
7. Spot demand weakens; CryptoQuant founder notes that futures demand on Bitcoin remains below levels seen during the rebound three months ago;
8. SK Hynix sets the upper limit for converting shares into U.S. ADRs at 2.5%;
9. Coinbase Singapore office opens; plans to increase local staff to approximately 200 by the end of 2026;
10. New user registrations have been suspended; BitMEX will officially shut down on September 23, 2026.
07:03
Changxin Technology: The company’s shares will be listed on the STAR Market of the Shanghai Stock Exchange on July 27, 2026.
Svmuu News: Changxin Technology: The company’s shares will be listed on the STAR Market of the Shanghai Stock Exchange on July 27, 2026. (Jin Shi)
06:58
Anthropic's annualized revenue reached $74.1 billion, approximately 1.79 times that of OpenAI.
Svmuu News: According to estimates by the data platform TickerTrends, Anthropic’s current annualized revenue is approximately $74.1 billion, while OpenAI’s is approximately $41.3 billion. Anthropic leads by $32.8 billion, with a scale roughly 1.79 times that of OpenAI.
The data shows that OpenAI’s estimated annualized revenue has risen from $33 billion in May to $41.3 billion in July, representing a growth of approximately 25% over two months.
It should be noted that the above figures are not official revenue disclosures from the two companies, but rather estimates derived by TickerTrends using alternative data models, such as purchase intent.
06:46
Polymarket reports a preliminary probability of 61% that “the next Claude Opus model will be released on July 23, 2026,” up 51% over the past 24 hours.
According to PPP’s prediction market monitoring, the probability that “the next Claude Opus model will be released on July 23, 2026” is currently reported at 61% on Polymarket, up 51% over the past 24 hours; Additionally, the probability that it will be released “by July 24” is currently reported at 9%, while the probability that it will be released “by July 25” is currently reported at 5%;
This event will be settled based on the date (Eastern Time) when Anthropic’s next Claude Opus model becomes available to the public. Only models officially named “Opus” by Anthropic are valid, and they must be made available to the public (including public beta or open waitlist). Other models such as Sonnet and Haiku are not included; Anthropic’s official information will serve as the primary basis for settlement.
Join the PPP signal push community to stay one step ahead and seize opportunities first.
06:37
Kimi K3 is now officially available on B.AI Web Chat; try it out on the web
Svmuu News: On July 23, Moonshot AI’s latest flagship open-source model, Kimi K3, officially launched on B.AI Web Chat. B.AI had previously been the first to integrate the Kimi K3 API, and the launch of Web Chat further lowers the barrier to entry. Starting today, users can experience firsthand—directly via the web—the powerful capabilities of this world’s first open-source 3T-scale model in long-form programming, complex reasoning, and in-depth knowledge work.
06:35
Citigroup lowered its price target for Coinbase from $400 to $235.
Svmuu News: Citigroup has lowered its price target for Coinbase from $400 to $235.
06:21
Justin Sun Featured at WikiExpo Hong Kong 2026: TRON’s TRON Wins the Smart Entity AI Payment Infrastructure Award
Svmuu News: On July 23, Justin Sun, founder of TRON TRON, was invited to participate via video in WikiExpo Hong Kong 2026, where he delivered a keynote speech titled “TRON: TRON and the Future of Global Payments.”During the conference, Justin Sun was awarded the “Global Most Influential Innovator of the Year” award, and TRON TRON received the “Best Blockchain Infrastructure for Smart AI Payments” award.
Justin Sun stated that blockchain is becoming the next-generation financial infrastructure connecting global payments, stablecoins, DeFi, and AI applications. Currently, the number of accounts on the TRON TRON blockchain has surpassed 390 million, with approximately $90 billion in USDT in circulation on-chain;B.AI has surpassed 2 million users and is accelerating the integration of model capabilities, payment systems, and AI agent applications to enable agents to autonomously perform identity verification, fund management, and on-chain transactions.
Justin Sun Featured at WikiExpo Hong Kong 2026: TRON’s TRON Wins the Smart Entity AI Payment Infrastructure Award
06:20
Tesla Pre-market losses widened to more than 6%
Svmuu News: According to data from MSX.COM, Tesla's pre-market decline has widened to over 6%.
06:15
Bitcoin The eCash hard fork is scheduled for August 21
Svmuu News: In April of this year, Bitcoin developer Paul Sztorc announced that the Bitcoin eCash hard fork would be activated at block height 963,648 (around August 21), at which time a new chain named eCash will be launched.At the same time, eCash will conduct a 1:1 airdrop of the eCash network token, ECX, to all addresses holding Bitcoin prior to block height 963,648. No registration or pre-claim is required, provided that users transfer their BTC to an eCash self-custody wallet.As of now, community support for this hard fork on Bitcoin remains low.
It is worth noting that Bitcoin will also undergo a BIP-110 soft fork in August. At block height 961,632 (approximately August 7), BIP-110 will enter its enforcement period,and the BIP-110 soft fork will be officially activated at block height 963,648 (around September 1).
06:12
OKX's Dual-Currency Earn and Strategy Trading Now Support Tokenized Stocks
Svmuu News: According to an official announcement, OKX’s “Dual-Currency Win” and other strategic trading products—such as grid trading and regular investments—now fully support tokenized stock assets. Users can select from 11 tokenized stock assets—including XNVDA and XTSLA—under “Explore > Dual-Currency Earn” in the app, set their strategy, term, and target price to participate in Dual-Currency Earn, with a minimum investment of 10U.
The official notice states that Dual-Currency Profit products involving tokenized stocks do not support early redemption; if the underlying asset undergoes corporate actions such as dividends, stock splits, or reverse stock splits, the product terms will be adjusted accordingly in accordance with the rules. Additionally, all tokenized stock spot trading pairs now support grid trading and dollar-cost averaging strategies, which can run 24/7. Previously, on July 16, OKX launched unified tokenized stock spot trading.
06:06
Bitget Completes Registration as a Financial Services Provider (FSPR) in New Zealand
Svmuu News: Bitget announced that it has completed registration with New Zealand’s Financial Service Providers Register (FSPR), with its business scope covering foreign exchange, cross-border remittances, asset custody, portfolio management, and the execution of trades in financial products such as stocks and ETFs on behalf of clients. Additionally, Bitget has joined the New Zealand IFSO dispute resolution scheme, providing users with an independent channel for dispute resolution. This move further enhances Bitget’s global compliance infrastructure and supports the expansion of its traditional financial instruments and tokenized RWA businesses.
Previously, Bitget obtained a DASP license in El Salvador and an FSCA license in South Africa. On the product front, Bitget has launched rToken, a U.S. stock token that tracks the liquidity of traditional markets such as NASDAQ on a 1:1 basis, and has introduced a direct brokerage connection service for U.S. stocks, supporting trading in over 10,000 U.S. stocks and options.
05:53
Axe Compute Secures Over $1.3 Billion in AI Infrastructure Contracts; ARR Expected to Exceed $384 Million Following Deployment
Svmuu News: According to an official announcement, Axe Compute (NASDAQ: AGPU), a publicly traded AI infrastructure company listed on the Nasdaq, announced that it has secured more than $1.3 billion in new customer contracts through its Axe Compute Build program, covering markets in the U.S. and Europe, exceeding its previous target of $1 billion in contracts for 2026.
It is reported that these contracts are structured as five-year commitments with renewal options and involve substantial upfront payments from customers. Axe Compute will provide customers with end-to-end AI infrastructure services—including GPU selection, infrastructure design, deployment, ownership, and operations—to support AI training, inference, and data-intensive applications.
Axe Compute stated that the projects are expected to begin generating revenue by the end of the fourth quarter of 2026. Following the receipt of advance payments in the third quarter of 2026, the annual recurring revenue (ARR) upon completion of deployment is projected to exceed $384 million.
Company CEO Christopher Miglino said that as demand for dedicated AI infrastructure grows among enterprises, the company expects to have the opportunity to secure approximately $2 billion in new contracts this year.
05:49
The EU Imposes Sanctions on Over 100 Banks and Cryptocurrency Operators
Svmuu News: EU High Representative for Foreign Affairs and Security Policy Kallas stated that sanctions have been imposed on more than 100 banks and cryptocurrency operators, over 40 vessels in the “shadow fleet,” and several oil refineries in Russia and Belarus. (Jin Shi)
05:44
Multiple Self-Media Accounts Involved in Virtual Currency Violations Have Been Permanently Shut Down; Shenzhen Reports on Typical Cases
Svmuu News: The Shenzhen Branch of the People’s Bank of China, the Shenzhen Securities Regulatory Bureau, the Municipal Internet Information Office, and the Municipal Local Financial Administration Bureau have continued to carry out in-depth special rectification campaigns, urging local website platforms to strictly fulfill their primary responsibilities and to take action against a number of self-media accounts that have violated laws and regulations in accordance with the law and relevant agreements.Some typical cases include accounts such as “USDT Merchant Discussion Group,” “Join Forces to Trade Virtual Currency,” “Search Bitcoin,” “Weizhi Kuaihuan,” “Zhonglian Laojiu,” “Take Some Medicine and Sleep Well,” “Little Goldfish 9884,” “User 0767527971,” among others, have illegally provided marketing and promotional information regarding virtual currency-related business activities to users within China, inducing the public to participate in illegal virtual currency financial activities. In accordance with relevant policy provisions, including the “Notice on Further Preventing and Addressing Risks Related to Virtual Currencies and Other Matters,” the aforementioned accounts have been permanently closed by the platforms in accordance with the law and their terms of service.
05:39
Bitwise CIO: The Crypto Market Has Bottomed Out; Keep an Eye on HYPE and HOOD for the Next Bull Market
Svmuu News: Matt Hougan, Chief Investment Officer at Bitwise, posted on X that the crypto market has shown signs of bottoming out. Since July 1, the Bitcoin has risen 9%, while the Nasdaq 100 Index has fallen 6%.ETF capital flows have turned positive, and market sentiment is also improving.
He also noted that for the next crypto bull market, investors should focus on Hyperliquid (HYPE) and Robinhood (HOOD), as they are prime examples of companies bridging traditional finance and cryptocurrency.Hyperliquid is a crypto finance app with actual revenue and a sound token economics model, while Robinhood is an outstanding example of an established company building its business on blockchain technology.
05:33
Kalshi and Polymarket's combined trading volume exceeded $44 billion in 2025
Svmuu News: Kalshi and Polymarket processed a combined trading volume of over $44 billion in 2025. As of April 2026, the two platforms’ combined monthly trading volume had risen to $24 billion, exceeding the average monthly wager on legal U.S. sports betting platforms; Kalshi generated $263.5 million in commission revenue last year, with annualized revenue subsequently exceeding $1.5 billion.
Prediction markets operate on a binary options exchange model, where the platform matches buyers and sellers without placing bets itself, holding positions, or assuming risk regarding event outcomes. Revenue is primarily derived from transaction fees, with other sources including data licensing, API access for institutional traders, and market-making fees from certain platforms.
In the U.S. market, Kalshi is a Designated Contract Market (DCM) registered with the U.S. Commodity Futures Trading Commission (CFTC). Polymarket re-entered the U.S. market in late 2025 through a $112 million acquisition of the CFTC-regulated QCEX; some states still treat prediction market contracts as gambling, and related federal and state-level litigation is ongoing.
The European Union’s Markets in Crypto-Assets Regulation (MiCA) does not directly define the nature of prediction market contracts, and classifications vary among member states. If a platform uses crypto settlement and provides custody or transfer services to EU users, it must also obtain a Crypto-Asset Service Provider (CASP) license.
05:30
$84 million; BitMEX's BTC futures trading volume yesterday accounted for 0.08% of the market
Svmuu News: Ki Young Ju, founder of CryptoQuant, posted on X that BitMEX recorded $84 million in BTC futures trading volume yesterday, accounting for 0.08% of the market share. BitMEX, once an exchange that helped shape the industry, is now passing the torch to a new generation of exchanges inspired by it.
05:21
WTI crude oil futures have risen above $90 per barrel
Svmuu News: According to Gate market data, WTI crude oil futures have risen above $90 per barrel for the first time since June 11, up 4.07% on the day.

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