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6/24
20:10
Svmuu News: Machi Big Brother (@machibigbrother) had his 25x ETH long position completely liquidated, resulting in a loss of $1.9 million, after which he reopened a new 25x ETH long position.
His cumulative losses have now exceeded $35.4 million.
20:09
Svmuu News: According to Gate data, South Korea’s KOSPI index has surpassed 8,900 points, rising 5.52% on the day.
On the South Korean stock market, SK Hynix rose 11%, and Samsung Electronics rose 5%.
20:07
According to monitoring by the Svmuu Seer Channel, in the “World Cup Group Stage: South Korea vs. South Africa” prediction event on predict.fun, the probability of a South Korean victory is currently reported at 59%; the probability of a draw is currently reported at 26%; and the probability of a South African victory is currently reported at 16%.
The World Cup Group A Matchday 3 game between South Korea and South Africa will kick off at 9:00 a.m. Beijing Time today. South Korea needs only to avoid defeat to secure second place in the group and advance to the knockout stage.
Svmuu Seer continues to monitor the prediction markets, spotting changes before they are priced in.
20:00
Svmuu News: ZetaChain has officially announced that users who stake ZETA will earn AI credits on the Anuma platform in addition to native token rewards. After users connect their wallets and sign to verify ownership, credits will be automatically accrued based on the staked value, denominated in U.S. dollars, without the need for transfers, locking, or cross-chain transactions.
These points can be used to access AI models provided by Anuma, such as Claude, GPT, Gemini, and Grok. Staking 100,000 ZETA or more will automatically unlock Anuma Pro access. Currently, ZetaChain’s user base has surpassed 150,000, representing a 50% increase from the 100,000 users announced three weeks ago.
18:25
Svmuu News Bitcoin Miner revenue has continued to decline over the past year; the current 7-day moving average daily revenue is approximately $30 million, significantly lower than the level of over $50 million seen last summer. Of this, transaction fees now account for less than $250,000 per day, which is virtually negligible compared to block rewards.
Meanwhile, the price of Bitcoin is hovering around $62,500, below the production cost of approximately $78,000 estimated by JPMorgan Chase. This period of trading below production costs has now lasted five months—the longest stretch in this cycle. Historically, production costs are typically viewed as a soft floor for Bitcoin prices.
It is currently estimated that approximately 20% of miners are operating at a loss at current prices, and this pressure is beginning to manifest at the network level. Over the past six months, the sensitivity of mining difficulty to Bitcoin prices has risen to 0.62, indicating that high-cost miners are increasingly inclined to turn their rigs on and off in response to price fluctuations rather than continuing to mine at a loss.
In the second week of June, the Bitcoin mining difficulty dropped by 10%, marking the second time this year that a reduction of this magnitude has occurred. A similarly sized adjustment also took place in the first quarter; both instances occurred during periods when prices remained consistently below production costs, indicating that pressure on miners is intensifying. (The Block)
18:23
Svmuu News: The U.S. House Financial Services Committee held a hearing on Wednesday to discuss the evolving roles of banks and fintech companies. One of the key topics was the “skinny master account” proposal currently under consideration by the Federal Reserve, which would allow certain crypto banks and fintech companies limited direct access to the Federal Reserve payment system.
Federal ReserveA master account allows financial institutions to directly use the Federal Reserve payment network and gain the most direct access to the U.S. dollar currency system. Institutions without such an account typically need to rely on partner banks that hold master accounts to provide services. A “skinny account” is a functionally limited version intended to provide limited access to new types of financial institutions.
Republican Representative Dan Meuser stated at the hearing that access to the Federal Reserve payment system is no trivial matter; the core issue is which institutions should be permitted direct access to these critical payment rails. Traditional institutions, such as community banks, are concerned that crypto and fintech companies are not subject to the same stringent regulations, and that direct access could pose security and stability risks.
The crypto industry, however, generally supports the proposal, arguing that direct access to the Federal Reserve payment system is long overdue and would help reduce reliance on intermediary banks and drive innovation. In May of this year, Donald Trump also signed an executive order directing the Federal Reserve to evaluate policies for opening central bank payment rails to fintech companies, including crypto firms.
Previously, in March, the Federal Reserve Bank of Kansas City approved Payward, the parent company of Kraken, to operate a “limited-purpose account,” sparking market discussion on the extent to which crypto and fintech companies should be granted direct access to the Federal Reserve service.A representative from Anchorage Digital stated at the hearing that if the United States is to remain a global financial center, it needs to allow for innovative regulatory frameworks at both the federal and state levels.
18:22
Svmuu News: According to CME’s “Federal Reserve”: Federal Reserve The probability that interest rates will remain unchanged in July is 65.8%, while the probability of a cumulative rate hike of 25 basis points is 34.2%. Federal Reserve The probability of rates remaining unchanged by September is 33.6%, while the probability of a cumulative rate hike of 25 basis points is 49.7% and that of a cumulative rate hike of 50 basis points is 16.7%. (Jin Shi)
18:16
Svmuu News: Ground, a startup specializing in on-chain yield infrastructure, announced the completion of a $3.6 million pre-seed funding round. The round was co-led by Bain Capital Crypto and ParaFi, with participation from Nascent, Robot Ventures, Chapter One, Consonant Ventures, and others.
According to reports, Ground primarily provides APIs to fintech companies and asset management institutions, enabling them to integrate on-chain yield products into their existing applications without having to build their own blockchain integrations. Its target customers include fintech platforms, digital banks, wealth management firms, exchanges, and asset management companies, which use the platform to build yield, savings, and investment products.
18:14
Svmuu News: Blockchain data infrastructure startup Cambrian has closed a $6 million seed round, co-led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, Paper Ventures, Nomad Capital, and others.
As previously reported by Svmuu, Cambrian had also secured $5.9 million in pre-seed funding led by a16z Crypto Startup Accelerator, bringing its total funding to $11.9 million.
Founded in 2024, Cambrian currently provides APIs for institutions and AI agents, covering real-time and historical on-chain data such as returns, risk, lending rates, trading activity, liquidity positions, and market sentiment, helping users allocate capital on-chain. The company plans to expand its existing APIs into a network of verifiable blockchain data oracles, serving institutional financial clients, AI agent builders, and protocols that require reliable data to manage capital flows. Unlike traditional oracles, which primarily provide price data, Cambrian aims to aggregate data from lending protocols, DEX liquidity, social sentiment, developer activity, and historical market data.
According to Cambrian, its platform has processed millions of API calls, currently indexes approximately $4.5 billion in TVL across four major lending protocols, tracks 1,789 vaults managed by 895 curators, and monitors over 320,000 DEX liquidity pools on Base and Solana. The company also plans to expand its trading data support by adding Hyperliquid and more comprehensive perpetual futures data.
16:49
Svmuu News: According to OKX market data, BTC has rebounded and broken through 61,000 USDT, currently trading at 61,003.5 USDT, with the 24-hour decline narrowing to 2.31%.
16:49
Svmuu News: According to MSX data, Qualcomm (QCOM.O) rose more than 14% in after-hours trading on the U.S. stock market. Qualcomm’s CFO said the company aims to achieve $5 billion in revenue from its AI data center business in fiscal year 2027.
16:30
Svmuu News: Boosted by strong earnings from Micron (MU.O), Micron rose nearly 14% in after-hours trading, leading U.S. chip stocks higher.Mawell Technologies (MRVL.O) rose more than 4%, Intel (INTC.O) rose more than 3%, ASML (ASML.O) rose nearly 4%, Seagate Technology (STX.O) rose 9%, and Qualcomm (QCOM.O) rose 6%.
16:19
Svmuu News Micron: Tech (MU.O) CEO: Capital expenditures for the fourth fiscal quarter are expected to be approximately $10 billion, and full-year capital expenditures for fiscal year 2026 are expected to be approximately $27 billion. (Jin Shi)
16:19
Svmuu News Micron: CEO of Tech (MU.O) says it is currently impossible to predict when memory supply will catch up with demand; the shortage is expected to continue beyond 2027. (Jin Shi)
16:12
Svmuu News: Driven by its earnings report, Micron’s after-hours gains in U.S. tech stocks have widened to 10%, with the stock currently trading at $1,151.
Earlier, Micron. reported third-quarter fiscal year 2026 revenue of $41.456 billion, exceeding market expectations of $35.423 billion and up from $9.301 billion in the same period last year.
16:09
Svmuu News Micron: Tech (MU.O) has set its fourth-quarter revenue outlook at $50 billion, compared to market expectations of $42.915 billion. The company expects its adjusted gross margin for the fourth quarter to be approximately 86%, up from the previous forecast of 83.6%. (Jin Shi)
16:08
Svmuu News Micron: Tech (MU.O) reported Q3 revenue of $41.456 billion for fiscal year 2026, compared to market expectations of $35.423 billion and $9.301 billion in the same period last year. (Jin Shi)
13:01
Svmuu News: According to reports from several foreign media outlets on the 24th, U.S. Secretary of State Rubio stated that technical teams from the United States and Iran will resume talks in Switzerland at the end of June. (Xinhua News Agency)
13:01
Svmuu News: According to data from MSX.COM, the three major U.S. stock indices rose across the board, with the Dow Jones Industrial Average up 0.94%, the S&P 500 up 0.60%, and the Nasdaq Composite up 0.63%.Crypto-related stocks were broadly lower, with Strategy down 7.33%, Circle down 4.35%, Bitmine down 3.97%, and Coinbase down 3.73%.Robinhood fell 3.70%, Gemini fell 3.27%, Bullish fell 3.25%, and Sharplink fell 3.19%.
12:51
Svmuu News: According to OKX market data, ETH has fallen below 1,600 USDT and is currently trading at 1,599.99 USDT, down 3.64% over the past 24 hours.

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