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6/24
10:54
Svmuu News: Kalshi filed a lawsuit this week in the U.S. District Court for the Northern District of Illinois against Illinois Attorney General Kwame Raoul, Governor JB Pritzker, and other state officials.
Kalshi stated that the state’s budget bill, SB 3019, which requires prediction market platforms to obtain state-level licenses and is set to take effect on July 1, conflicts with the federal exclusive jurisdiction provisions of the Commodity Exchange Act, placing the company in a position where it would be in violation of either federal or state law. Kalshi argued that ceasing to offer sports event contracts in Illinois to comply with the bill would violate the U.S. Commodity Futures Trading Commission’s uniformity requirements and harm its commercial interests. Kalshi has requested that the court grant a temporary restraining order, a preliminary injunction, and a permanent injunction to prevent Illinois from enforcing the law. (The Block)
10:46
Svmuu News: The Sentient Foundation has announced the launch of an open-source general AI grant and investment program, committing $42 million to specifically support developers, researchers, and companies building and applying general AI in an open manner.
Through a combination of non-dilutive grants and investments, the initiative aims to ensure that AI infrastructure, models, tools, and applications remain open and accessible. The initiative has already secured support from Alibaba Cloud, Franklin Templeton, Princeton University, the Indian Institute of Science, and other organizations. Applications are now being accepted on a rolling basis.
10:34
Svmuu News: Philippe Lafont, founder and portfolio manager at Coatue Management, said on the “Squawk Box” program that he is currently unable to determine his stance on Bitcoin.
Philippe Lafont said he is rethinking Bitcoin’s positioning and noted that he would rather invest in space than in Bitcoin. (thestreet)
10:34
Svmuu News: Tarek Mansour, CEO of the derivatives prediction market platform Kalshi, stated that the company is in the early stages of planning an IPO but made it clear that it will not go public in 2026. Kalshi could go public as early as late 2027 or 2028. Kalshi was valued at approximately $2 billion at the end of June 2025, and its valuation rose to about $22 billion after completing its Series F funding round in May of this year. Mansour noted that as the company’s business and financial scale grow, discussing an IPO is a necessary step.
10:34
Svmuu News: According to on-chain analyst Ai, a certain address went long on 21,000 ETH yesterday using 18x leverage, worth approximately $34.61 million. and is currently facing a floating loss of $1.696 million, with an entry price of $1,728.5 and a liquidation price of $1,590.1.
10:24
Svmuu News: According to CoinGlass data, liquidations across the network totaled $134 million in the past hour, with long positions accounting for $125 million and short positions for $8.539 million.
10:19
Svmuu News: According to OKX market data, BTC has fallen below 61,000 USDT and is currently trading at 60,978.1 USDT, down 2.94% over the past 24 hours.
10:07
Svmuu News: With the reopening of the Strait of Hormuz following the U.S.-Iran agreement, oil supplies in the Middle East have increased, causing the Brent crude near-month spread to shift to a futures premium for the first time since February—meaning the price of the near-month contract is lower than that of the next-month contract.
This structure typically signals expectations of a supply glut. It is the latest in a series of signals indicating that the oil market is softening as the physical crude oil premium declines. Earlier today, Brent crude prices fell below $75 per barrel for the first time since the outbreak of the Iran conflict. Prior to Brent crude shifting to a futures premium, the Dubai market in the Middle East had also exhibited a similar trend in recent days. (Jin Shi)
10:03
Svmuu News: Possibly due to the sharp drop in oil prices, U.S. airline stocks rose, with Delta Air Lines (DAL.N) up 2.6%, Southwest Airlines (LUV.N) up 3%, American Airlines Group (AAL.O) rose 4.3%, United Airlines (UAL.O) rose 4.6%, Alaska Airlines rose 4.7%, and JetBlue Airways rose 5.2%.
10:01
Svmuu News: According to data from QuiverQuant, Nancy Pelosi purchased INTC March 2027 call options worth between $1 million and $5 million on May 29, as well as 200 UBER call option contracts expiring on March 19, 2027, with a strike price of $50.
The transaction was executed by her husband.
09:57
Svmuu News: Xiao Rui, the son of Xiao Jun, a former member of the Wuhan Municipal Commission for Discipline Inspection, is suspected of accepting approximately 4.72 million Hong Kong dollars in bribes on his father’s behalf from mainland construction contractors, and of laundering over 64 million Hong Kong dollars through underground money transfer networks.
On June 23, the Hong Kong District Court found Xiao Rui guilty on all four counts of “money laundering” and one count of “using a copy of a false document”; the judge will announce the sentence on July 23.In 2014, Xiao Rui was granted residency in Hong Kong; that same year, he used his HSBC account to purchase two funds from Sun Life Financial for 10 million Hong Kong dollars.Between January 2016 and September 2017, Xiao Rui’s Standard Chartered and DBS accounts received multiple remittances totaling more than 54 million Hong Kong dollars.
Xiao Rui argued that part of the funds came from the sale of Bitcoin, but the judge rejected his testimony on the grounds that he could not provide transaction records. (Caixin)
09:55
Svmuu News: According to data from MSX.COM, Strategy's stock price has fallen below $100 for the first time since March 2024.
09:42
Svmuu News: Ink, a Layer 2 network on theEthereum() incubated by Kraken, has entered into a multi-year infrastructure agreement with Optimism and will upgrade to OP Enterprise Fully Managed.
Under the agreement, Optimism will be responsible for operating Ink’s production infrastructure, while the Ink Foundation will focus on ecosystem growth and new financial products. Additionally, Ink will serve as a deep design partner for OP Enterprise, jointly advancing roadmap initiatives such as programmable block building, 1-day Ethereum withdrawals, and sequencer-level compliance tools.
Currently, applications built on the Ink network generate nearly $40 million in annual revenue. This partnership makes Ink the second exchange-related blockchain network—following Bitpanda’s Vision Chain—to join this fully managed service. (The Block)
09:33
Svmuu News: According to data from MSX.COM, at the opening of U.S. markets, the Dow Jones Industrial Average rose 0.01%, the S&P 500 rose 0.18%, the Nasdaq Composite rose 0.11%, and the VIX fear index rose 11.46%.AI-related stocks were broadly lower, with IBM down 2.39%, ServiceNow down 2.36%, Oracle down 2.08%, CoreWeave down 1.63%, and Palantir down 1.56%.
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.
09:33
Svmuu News: According to the latest data from Gate, the price of gold has fallen to $3,979.55 per ounce, marking a 3.16% decline for the day. The price of silver has dropped to $58.625 per ounce, down 3.92% for the day.

The BVIX (BTC Volatility Index) is currently quoted at 42.91, down 1.13% for the day. The EVIX (ETH Volatility Index) is currently quoted at 56.45, down 1.41% for the day.

In the foreign exchange market, the U.S. dollar against the offshore yuan (USD/CNH) rose 0.31% intraday, with the current exchange rate at 6.81546. The U.S. dollar against the Japanese yen (USD/JPY) rose 0.15% intraday, with the current exchange rate at 161.712.

In global stock indices, the Euro Stoxx 50 Index (EUSTX50) fell 0.58% intraday to 6,205.47 points; the UK FTSE 100 Index (UK100) rose 0.07% intraday to 10,434.6 points; the German DAX 40 Index (GER40) fell 1.24% on the day to 24,619 points.

In the commodities market, WTI crude oil fell 4.4% intraday to $70 per barrel. Brent crude oil fell 3.45% intraday to $74.51 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.
09:26
Svmuu News: Kalibaf, Speaker of the Islamic Consultative Assembly of Iran, stated on the 24th that the signing of a memorandum of understanding between Iran and the United States signifies the U.S.’s defeat, and that the conclusion of this memorandum is the result of Iran’s resistance. The 20th Session of the Parliamentary Union of the Member States of the Organization of Islamic Cooperation was held that day in Baku, the capital of Azerbaijan, and Kalibaf made the above remarks while delivering a speech at the opening ceremony.
He pointed out that the aggressors had believed they could force the Iranian people to back down and alter the regional situation through military pressure, blockades, psychological warfare, and terrorist attacks. However, the Iranian people have proven that the era of attempting to impose one’s will on independent nations by force has come to an end. Kalibaf said, “This war has inflicted severe losses on our people, but it has also demonstrated that even under the most difficult circumstances, the resilience and will of the people can shatter all the aggressors’ schemes.” (CCTV)
09:18
Svmuu News: U.S. tech stocks fell sharply on Tuesday but rebounded slightly in premarket trading ahead of Micron’s earnings report.
“Market price movements over the past seven trading days have been concerning—not only during declines but also during rallies,” said Michael McCarthy, a market analyst at Moomoo Securities in Australia. “When the market fluctuates so rapidly in either direction, it’s a sign of instability.” (Jin Shi)
09:12
Svmuu News: According to OKX market data, BTC has fallen below 62,000 USDT and is currently trading at 61,994.4 USDT, down 0.21% over the past 24 hours.
09:12
Svmuu News: The sports prediction app Onyx Odds has announced the completion of a $20 million funding round led by Payward, the parent company of Kraken. The company’s core business is sports event predictions, and it is currently expanding into other trading products.
09:02
Svmuu News: OpenAI and Broadcom (AVGO.O) have jointly released an AI chip designed to run models faster and more cost-effectively. (Jin Shi)

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