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6/29
09:29
Svmuu News: The Kobeissi Letter published an analysis on X stating that leveraged crypto assets have taken a heavy hit, with Strategy-related leveraged long ETFs experiencing significant pullbacks. The 2x long products MSTX and MSTU have both fallen more than 82% year-to-date, hitting their lowest levels since their 2024 listings, while another leveraged product, MSTP, has also fallen approximately 81% since its June 2025 listing.
During the same period, Strategy’s stock price has fallen by about 46% year-to-date, hitting its lowest level since February 2024. Since their launch in 2024, long-short leveraged ETFs linked to Strategy have fallen by more than 90% overall. Analysts believe that the leverage effect is significantly amplifying the downside risk of crypto-related assets.
09:26
Svmuu News: Hassett, Director of the White House National Economic Council, stated that to celebrate the official launch of the “Donald Trump” accounts for minors, officials from Nasdaq, and the New York Stock Exchange plan to jointly ring the opening bell in the White House Oval Office.
Hassett said, “Next week, we will hold a grand opening bell ceremony, during which Nasdaq and the New York Stock Exchange will ring the bell together in the Oval Office for the first time. They are doing this to celebrate the official launch of the ‘Donald Trump’ and to let everyone know that now is the time to open an account for their children—even if the children weren’t born this year.” Donald Trump This previously announced tax-advantaged savings account will officially launch on July 4. All U.S. citizens born between 2025 and 2028—a timeframe that spans Donald Trump’s second presidential term—will receive an initial investment of $1,000 from the U.S. government.
However, older children may also open and use these accounts. In addition, some eligible children will receive a $250 contribution from Dell Technologies founder Michael Dell and his wife, Susan. The White House did not immediately respond to a request for comment regarding these arrangements. Donald Trump In December 2024, prior to his second presidential term, he rang the opening bell at the New York Stock Exchange. (Jin Shi)
09:24
Svmuu News Ethereum Tom Lee, Chairman of the treasury firm Bitmine, shared his views on the recent weakness in the crypto market. He noted that as the end of the second quarter approaches, institutions are generally engaging in window-dressing—selling off assets that have underperformed during the quarter—which is putting short-term downward pressure on cryptocurrency prices. Last week, Ethereum fell by approximately 8% in total.
Tom Lee also pointed out that industry fundamentals continue to improve, citing the official launch of Ethlabs and the Bank of England’s increasingly lenient stance on stablecoin regulation. He remains bullish on the crypto sector in the long term, noting that the two core growth drivers remain unchanged: first, Wall Street’s continued investment in crypto infrastructure; and second, the gradual integration of blockchain into AI-powered payment systems.
Bitmine will adhere to a long-term strategic approach, formulating strategies centered on these two exponentially growing sectors, and will continue to target holding 5% of the total circulating supply of Ethereum by 2026 as its core development goal. (PRNewswire)
09:22
Svmuu News: According to market reports, investors in the UK digital bank Atom Bank are considering suspending the sale process. (Jin Shi)
09:20
Svmuu News: On-chain analyst Yu Jin posted on X that MicroStrategy did not purchase any BTC last week. Bitcoin Strategy MSTR currently holds a total of 847,363 BTC, valued at $50.842 billion, with an average cost basis of $75,651 per coin. It is showing an unrealized loss of $13.262 billion, representing a 20.7% loss. Ethereum BitMine (BMNR) purchased 27,084 ETH last week at a price of approximately $1,648, for a total value of $44.63 million;It currently holds a total of 5,700,004 ETH, valued at $8.978 billion, with an average cost of $3,399 per coin, resulting in an unrealized loss of $10.397 billion, representing a loss of 53.6%.
09:17
According to monitoring by the Svmuu Seer channel, in the “World Cup Round of 16: Netherlands vs. Morocco” prediction event on predict.fun, the probability of a Netherlands victory is currently reported at 43%; the probability of a draw is currently reported at 32%; and the probability of a Morocco victory is currently reported at 27%. This market refers only to the match result within the first 90 minutes of regular playing time (including injury time).
At 9:00 a.m. Beijing Time tomorrow, the Netherlands will face Morocco in the World Cup Round of 16—a matchup between the “Uncrowned Kings” and a powerhouse from Africa. The Netherlands has never lost to an African team in World Cup history.
The Svmuu Seer Channel continues to monitor the prediction market, spotting changes before the odds are set.
09:12
Svmuu News: Meta Platforms stated that internal documents show the company has imposed restrictions on the use of Claude and Codex due to concerns about model distillation risks.
09:05
Svmuu News: Internal documents reveal that Meta Platforms (META.O) has imposed restrictions on the use of Claude and Codex due to concerns about model distillation risks. (The Information)
09:05
Svmuu News Bitcoin Infrastructure company Breez has added a new feature to its developer toolkit that allows users to send USDC and USDT to more than 30 blockchain networks directly from their Bitcoin balances, without the need to convert or hold stablecoins in advance.

This feature combines the Lightning Network with an automatic conversion mechanism. After the user enters the recipient’s wallet address, the Breez SDK identifies the target blockchain, calculates the conversion path, and displays the amount, network, and fees before the payment is confirmed.The transaction is then routed through liquidity providers such as Flashnet and Boltz, which convert the sender’s Bitcoin into stablecoins and send them to the recipient’s chosen blockchain.

Breez states that users retain their “Bitcoin” until the payment is initiated, while recipients receive stablecoins on their preferred blockchain. This feature operates in a non-custodial mode and initially supports only outgoing stablecoin transfers; future versions are planned to support receiving stablecoins from external blockchain networks.
09:04
Svmuu News: BlackRock and Ethena Labs have announced a partnership to provide institutional investors with deeper access to Ethena-related products on the Aladdin platform, while enhancing the liquidity and interoperability of its tokenized U.S. dollar instruments, including BUIDL.
Under the agreement, Ethena will support a $100 million liquidity facility through Securitize for BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL).This mechanism allows eligible clients to exchange between BUIDL and USDC, USDtb, and other supported stablecoins, enabling two-way conversions even outside of trading hours.
BlackRockRobert Mitchnick, Head of Digital Assets, stated that this liquidity arrangement will enhance the frictionless interoperability of tokenized Treasury funds and further unlock the structural advantages of on-chain Treasury products.Launched in 2024 as the “Ethereum” tokenized U.S. Treasury fund, BUIDL currently has approximately $3 billion in assets under management and is one of the world’s largest tokenized Treasury products. This partnership further strengthens BlackRock’s presence in the real-world assets (RWA) and digital dollar infrastructure sectors. (The Block)
09:03
Svmuu News: BlackRock and Ethena Labs have announced an expanded partnership. The Aladdin platform will add Ethena’s stablecoin, USDe, to its list of supported crypto assets and provide $100 million in liquidity tools through Securitize to serve BlackRock’s BUIDL fund. Under the new arrangement, eligible BUIDL clients can exchange BUIDL for stablecoins such as USDC and USDtb outside of regular trading hours, and can later redeem them back for BUIDL. USDe is a synthetic dollar that generates higher returns, unlike USDC and USDT, which are backed by fiat currency reserves. BUIDL currently has approximately $3 billion in locked assets.
08:57
Svmuu News: Bernstein reports that vertically integrated prediction market platforms are driving an increase in M&A activity among sports betting companies, exchanges, and consumer finance firms.
The firm noted that companies possessing both consumer distribution channels and exchange infrastructure are generating greater economic benefits internally and increasing strategic pressure on competitors. Kalshi and Polymarket are likely to become acquisition targets, and mergers among major sports betting companies are also becoming more strategically viable.
08:57
Svmuu News: The technical negotiation teams from the U.S. and Iran responsible for implementing the interim peace agreement are set to hold talks in Doha, Qatar, in the coming days. Last weekend, both sides launched a series of retaliatory strikes, which at one point brought the already fragile ceasefire agreement to the brink of collapse.
Sources familiar with the negotiations added that mediators have established communication channels to de-escalate emergencies, and technical consultations will continue. However, Iranian Deputy Foreign Minister Kazem Gharibabadi sent mixed signals on Monday via Iran’s Tasnim News Agency, stating that no technical working group meetings were scheduled for this week and that the Qatar talks had not yet been finalized. He also noted that routine consultations between Iran and Qatar are proceeding as usual, including follow-up verification of each side’s compliance with the agreement’s commitments. (Reuters)
08:56
Svmuu News: 8090 announced the completion of a $135 million Series A funding round led by Salesforce Ventures. The company’s core business is AI technology development.
08:54
Svmuu News: According to market reports, data shows that the volume of IPOs and stock offerings in the U.S. reached a record high in the first half of 2026, with total funding amounting to $251 billion. SpaceX’s record-breaking IPO was one of the main drivers of this growth. Investment bankers expect the market to see an even stronger IPO pipeline in the third quarter, with AI-related companies serving as the core drivers. Several heavyweight firms, including Anthropic, are still expected to move forward with their IPO processes. The market widely believes that AI capital expenditures, combined with the high valuations of tech stocks, are collectively supporting the continuation of this IPO boom cycle.
U.S. IPO Boom Hits Record High: $251 billion Raised in First Half of the Year; AI-Driven Wave of IPOs May Continue
08:53
Svmuu News: Several developers have confirmed that they have received upgrade notification emails from DeepSeek. The emails indicate that the official release of DeepSeek V4 is scheduled for mid-July, and the API pricing policy will be adjusted simultaneously to introduce a peak-off-peak pricing mechanism, with the aim of allocating resources more reasonably and improving service stability. According to the email, the regular prices for the V4 Pro and V4 Flash models will remain unchanged, but API prices during peak hours will be adjusted to twice the regular rate. Peak hours are from 9:00 a.m. to 12:00 p.m. and 2:00 p.m. to 6:00 p.m. daily.
Specifically, for V4 Pro during peak hours, the input price for a cache hit is 0.05 yuan per million tokens, the input price for a cache miss is 6 yuan per million tokens, and the output price is 12 yuan per million tokens. For V4 Flash, the input price for a cache hit during peak hours is 0.04 yuan per million tokens, the input price for a cache miss is 2 yuan per million tokens, and the output price is 4 yuan per million tokens. (Blue Whale Technology)
08:51
Svmuu News: Strategy launched the “Digital Credit Capital Framework” on Monday, disclosing the conditions under which it may sell “Bitcoin” in the future. The company’s board of directors has approved a plan allowing Strategy to sell up to $1.25 billion in “Bitcoin” to replenish cash reserves, make payments for products such as Stretch (STRC), or repurchase securities such as common stock when appropriate.
Michael Saylor, Strategy’s co-founder and executive chairman, stated that the company will continue to treat Bitcoin as its primary treasury reserve asset, while Digital Credit requires liquidity, discipline, and proactive capital management. Saylor noted that the framework is designed to strengthen credit quality and reduce expected preferred stock dividend payments when such actions are value-enhancing.
Strategy did not disclose any new plans to purchase “Bitcoin” this time and indicated that its USD Reserve has recovered to $2.25 billion. The company stated that, at current levels, its cash reserves are sufficient to cover approximately one and a half years of dividend payments.
08:50
Svmuu News: JPMorgan stated that its client survey indicates that, aside from speculative trading, institutional interest in perpetual futures is limited.
The firm cited factors such as basis risk, the lack of a term structure and physical delivery, and clearing concerns, noting that these are the main obstacles to the adoption of perpetual futures. Trading in offshore perpetual contracts remains dominated by a small number of large participants, and scalability issues persist.
08:49
Svmuu News: Stablecoin issuer Circle announced that its USDC has officially become the first supported stablecoin on global financial services firm BNY’s digital asset custody platform, and the two parties will comprehensively deepen their institutional-grade stablecoin business cooperation.Leveraging BNY’s custody system, institutional clients can securely hold USDC in custodial wallets while using BNY to submit instructions to Circle to complete the entire process—from minting USDC from U.S. dollars to redeeming USDC for U.S. dollars—thus fully covering the entire lifecycle of institutional stablecoin operations.
Circle Chief Commercial Officer Kash Razzaghi stated that this collaboration is an extension of the long-standing partnership between the two parties, establishing a channel for the flow of digital assets on-chain and traditional financial assets. Moving forward, both parties will continue to expand their services, integrate more stablecoin issuers, and enrich institutional digital cash business processes.
08:48
Svmuu News Circle posted on X stating that the USDC issued by Circle will become the first supported stablecoin on financial services firm BNY’s digital asset custody platform, and that the two parties are deepening their collaboration on institutional-grade stablecoin services.BNY clients can now hold USDC in their digital asset custody wallets and, through BNY, use the instruction Circle to mint USDC from U.S. dollars or redeem USDC for U.S. dollars, covering the entire lifecycle of institutional stablecoin operations.

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