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6/29
21:28
Svmuu News: Crypto influencer Ansem posted on X, saying, “This time around, we’re going to make cryptocurrency truly cool for the general public (normies).”
21:13
Svmuu News: The U.S. Commodity Futures Trading Commission (CFTC) is conducting a broad investigation into the prediction market platform Polymarket, covering various aspects of its business, including its social media activities. Previous reports indicated that Polymarket hired dozens of social media creators—mostly college-aged—to film fake trading videos to attract users. This investigation covers other aspects of the company’s operations. Last year, the CFTC and the Department of Justice concluded an investigation into whether Polymarket had violated the ban on U.S. users, but some U.S. users continue to access its main platform by circumventing the ban through means such as VPNs. Since reaching a settlement with the CFTC in 2022, Polymarket has technically barred U.S. users from using its main platform, but the company is taking steps to reintroduce its main exchange to the U.S. and is working with the CFTC to lift the ban.
21:13
Svmuu News: Data shows that Pump.fun, a Solana meme coin issuance platform, has repurchased more than $400 million worth of PUMP tokens, covering approximately 145.5 billion PUMP tokens. The buyback program began in July 2025 and has continued for 346 days. Since April, Pump.fun has allocated 50% of its net revenue to buybacks and burns, with the remaining revenue used for operations, hiring, and acquisitions. Since its launch in January 2024, the platform has generated approximately $1.13 billion in fees and $1.05 billion in revenue, with fees over the past 30 days falling to about $23.5 million.
21:01
Svmuu News: According to data from MSX.COM, at the close of U.S. trading, the Dow Jones Industrial Average rose 0.59%, the S&P 500 Index rose 1.18%, the Nasdaq Composite rose 2.07%, and the VIX fear index fell 4.13%.AI-related stocks saw widespread gains, with Astera Labs up 16.39%, KLA up 11.97%, Palo Alto Networks up 9.14%, Ambarella up 7.85%, and Baidu up 7.64%. 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.
21:01
Svmuu News: According to the latest data from Gate, the price of gold has fallen to $3,987.57 per ounce, down 0.66% on the day. The price of silver has fallen to $57.499 per ounce, down 1.15% on the day.

The BVIX (BTC Volatility Index) is currently at 44.6, down 5.09% for the day. The EVIX (ETH Volatility Index) is currently at 58.66, down 3.9% for the day.

In the foreign exchange market, the U.S. dollar against the offshore yuan (USD/CNH) rose 0.01% intraday, with the current exchange rate at 6.79973. The U.S. dollar against the Japanese yen (USD/JPY) rose 0.12% intraday, with the current exchange rate at 162.124.

In global stock indices, the Euro Stoxx 50 Index (EUSTX50) rose 0.22% intraday to 6,263.13 points; the UK FTSE 100 Index (UK100) fell 0.11% intraday to 10,496.6 points; the German DAX 40 Index (GER40) fell 0.12% on the day to 24,715.7 points.

In the commodities market, WTI crude oil fell 0.24% intraday to $70.85 per barrel. Brent crude oil rose 0.14% intraday to $73.78 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.
20:39
Svmuu News: According to data from SoSoValue, the XRP spot ETF recorded total net inflows of $15,341,400 yesterday (June 29, Eastern Time).
The XRP spot ETF with the highest net inflows yesterday was the Bitwise XRP ETF (XRP), which recorded $11,938,100 in net inflows for the day; its total historical net inflows now stand at $505 million.
Next was the Canary XRP ETF (XRPC), with a single-day net inflow of $3.4033 million; its total historical net inflow now stands at $464 million.
As of press time, the total net asset value of XRP spot ETFs stood at $972 million, with an XRP net asset ratio of 1.47%; cumulative historical net inflows have reached $1.485 billion.
20:38
Svmuu News: According to Gate data, the South Korean KOSPI index’s intraday decline has widened to 1.00%.
20:37
Svmuu News: GameStop said last Friday that it will continue to pursue its cash-and-stock bid of approximately $56 billion for eBay, even though eBay’s board had previously rejected the proposal. GameStop CEO Ryan Cohen proposed the acquisition in May, stating that the combined company would be better positioned to challenge Amazon and expressing his intention to lead the new entity. GameStop had indicated last Tuesday that it would release detailed strategic presentation materials and reiterated on Friday that additional materials related to the proposed transaction would be released shortly.
20:10
Svmuu News: According to Gate data, Japan’s Nikkei 225 Index opened 734.46 points higher on June 30, a gain of 1.06%, at 70,202.57 points; South Korea’s KOSPI index opened up 64.56 points, or 0.77%, at 8,459.21.
Among individual stocks, Samsung Electronics rose 2%, and SK Hynix rose 1%.
20:10
Svmuu News: According to Onchain Lens, FG Nexus has once again sold 3,375 ETH, worth $5.34 million, resulting in a loss of over $86.8 million. FG Nexus had previously purchased 50,770 ETH for $196 million and has now sold 41,675 ETH, worth $94.51 million.
20:08
Svmuu News: A crypto journalist posted on X stating that they did not interpret the JPMorgan blog post as supporting the Clarity Act. The author praised the potential of digital assets to drive tokenization and modernize financial infrastructure, but did not endorse any specific legislation. Instead, they advocated more broadly for a market framework for digital assets with stronger safeguards, echoing JPMorgan CEO Jamie Dimon’s previous concerns regarding stablecoin yields and illicit finance. The reporter noted that JPMorgan implied it is already capable of innovating responsibly under the current regulatory framework, while also suggesting that legislation addressing market structure—if it could resolve long-standing concerns such as stablecoin yields and illicit finance—would be beneficial.
20:07
Svmuu News: Investment bank TD Cowen stated that passage of the Clarity Act before the November midterm elections is far from a foregone conclusion, as it still faces significant political and policy obstacles. The Senate is expected to begin deliberations on the bill during the week of July 13, with July 24 serving as a key deadline, as the House is set to adjourn before August. Jaret Seiberg, managing director of TD Cowen’s Washington Research Group, questioned whether the bill could be approved before the fall elections if it fails to pass by then.
20:05
Svmuu News: According to GMGN market data, ANSEM, a meme coin in the Solana ecosystem, saw its market capitalization briefly surpass $140 million—hitting an all-time high—before falling back to approximately $127 million, with an intraday gain of over 41%.
Svmuu reminds investors that meme coins are highly volatile, driven primarily by market sentiment and speculative hype, and lack clear real-world use cases; investors should be aware of the associated risks.
20:03
Svmuu News: Tom Lee posted on X, stating that cryptocurrencies are a highly volatile asset class, and that certain macro headwinds are currently putting pressure on Bitcoin and Ethereum. Current headwinds include market expectations of Federal Reserve interest rate hikes, the ongoing uncertainty surrounding the CLARITY Act, AI FOMO, and the impact of private credit on capital flows.He also noted that positive factors for the crypto market remain, including tokenization as a megatrend, cryptocurrencies’ role as downstream applications of AI, and the ongoing digitization and software-driven transformation of money. At the same time, he pointed out that current market sentiment is extremely poor and may be nearing its “peak of pain.”
13:12
Svmuu News: According to OKX market data, ETH has broken through 1,600 USDT and is currently trading at 1,601.12 USDT, up 1.98% over the past 24 hours.
12:50
Svmuu News: According to OKX market data, BTC has broken through 60,000 USDT and is currently trading at 60,004 USDT, up 0.54% over the past 24 hours.
12:50
Svmuu News: According to Gate data, WTI crude oil’s intraday gains have widened to 1%, and it is currently trading at $70.78 per barrel. Brent crude oil is currently up 1.3%, trading at $74.11 per barrel.
12:32
Svmuu News: According to Iranian media, the Iranian Embassy in Doha has refuted the U.S. president’s baseless allegations and announced that preparations for talks between Tehran and Washington in Qatar have not yet begun. (Jin Shi)
12:15
Svmuu News: According to OKX market data, ORDI has briefly surged past $4.10 and is currently trading at $4.11, with a daily gain of over 29%.
12:08
Svmuu News: According to sources familiar with the matter, as Anthropic’s influence in the enterprise-level AI model market continues to grow, the company renegotiated certain terms of its partnership with Amazon earlier this year, resulting in higher costs for Amazon to use Anthropic models in its products. Reports indicate that this adjustment occurred during a reassessment of the partnership and reflects Anthropic’s growing bargaining power in the supply of core models. As one of Anthropic’s key early investors, Amazon is currently evaluating how to optimize its cost structure for using these AI models to address potential cost pressures. Neither party has publicly disclosed specific details regarding the pricing changes. (Jin Shi)

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