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7/1
06:29
Svmuu News: Michael Saylor stated that combining capital, credit, and currency creates trillions of dollars in opportunities—a “holy trinity.” Digital credit enabled Strategy to purchase 175,000 BTC during this year’s bear market. (BitcoinTreasuries.NET)
06:23
Svmuu News: Jeremy Allaire, co-founder of Circle, published a post directly addressing competition from OUSD. He stated that stablecoin networks are essentially internet platform businesses that, in the long term, follow a “winner-takes-all or winner-takes-most” structure, with network effects and liquidity serving as decisive factors.On the competitive front, Allaire questioned the “consortium-style stablecoin” model exemplified by OUSD, arguing that multi-party alliance structures are prone to slow decision-making, misaligned incentives, and a lack of long-term execution capacity. He noted that historically, projects such as Diem have demonstrated that this model struggles to scale.Furthermore, while free minting/redemption, yield distribution mechanisms, and governance structure designs may be attractive in theory, the reality of the market requires stable profitability to support infrastructure investments; otherwise, the ability to build the network over the long term may be undermined.
Jeremy Allaire added that Circle will continue to welcome collaboration, working with various institutions and stablecoin issuers to expand the ecosystem while advancing the development of cross-chain and payment infrastructure such as CCTP and CPN. He also welcomed OUSD’s entry into the competitive landscape, noting that network effects will ultimately determine the winner.
06:13
Svmuu News: Tonight, investors will once again hear from Federal Reserve Chairman Wash, in his second public address since making his debut at the Fed’s policy meeting two weeks ago.However, investors should not expect him to provide forward guidance on future monetary policy, as Wash has made it clear that he wishes to scale back the use of forward guidance and believes it has not been helpful to the Federal Reserve in practice. He may, however, offer some insights into how he assesses inflation and the economy.
Krishna Guha, head of strategy and economics at Evercore ISI, said, “We’ll be watching to see how he frames the inflation outlook and its drivers, including falling oil prices, moderating inflation expectations, other commodities, a stronger dollar, and cost spillover effects from artificial intelligence.” (Jin Shi)
05:56
Svmuu News: According to an official announcement, Gate will launch spot trading for NESA (NES) on July 1 at 18:00 (UTC+8) and will launch NESA (NES) on its Flash Swap platform at 19:00 (UTC+8).
In addition, Gate will launch a NESA (NES) Candydrop event with a total prize pool of $160,000 worth of NES tokens. Please stay tuned for official announcements regarding the specific timing.
05:56
Svmuu News: According to Lookonchain’s monitoring, over the past five days, four newly created wallets—which may be controlled by the same individual—have opened 20x leveraged long positions totaling 800 BTC, worth $47 million.
05:54
Svmuu News: According to an official announcement, BitMart Futures will launch MVLLUSDT perpetual contracts on July 1, 2026, at 20:00 (UTC+8), with leverage of up to 20x.
05:52
Svmuu News: On June 30, local time, Iran’s chief negotiator and Speaker of Parliament Kalibaf stated in an interview that Iran is determined to uphold the memorandum of understanding, but if the U.S. refuses to implement the consensus, Iran is prepared for war. Kalibaf said that negotiating with the United States is not a dialogue with a friend, but rather negotiations with an enemy that lacks credibility. He added that the U.S. will inevitably strike against Iran again at the first opportunity; therefore, only by being prepared for war can Iran successfully conduct negotiations.
In addition, Kalibaf refuted claims during the interview that “Iran can only use its unfrozen funds to purchase U.S. agricultural products.” He stated that this was “completely inaccurate” and that, according to the Memorandum of Understanding, Iran has the right to dispose of the unfrozen funds at its own discretion. (CCTV International News)
05:48
Svmuu News UBS noted in its latest report that the first monetary policy meeting following Kevin Warsh’s appointment as Chairman of the Federal Reserve sent a clearly hawkish signal, but market bets on interest rate hikes this year may be overly aggressive. UBS Federal Reserve is expected to keep the federal funds rate unchanged at 3.50% to 3.75% for the remainder of the year, and recommends that investors increase their allocations to high-quality bonds with short- and medium-term durations to lock in current higher yields.
05:41
Svmuu News: According to two high-ranking Iranian sources, Iran is determined to secure international recognition of its control over the Strait of Hormuz and its right to levy fees on ships entering and exiting the Gulf, even if it means resorting to force. Under an interim agreement reached this month with the United States aimed at ending three months of conflict between the two sides, Iran agreed to allow ships to pass through the strait free of charge for 60 days. However, Iran believes the wording of the agreement allows it to continue controlling which ships may pass through and their routes within this narrow waterway.
Sources say Iran is also determined to secure long-term, formal recognition of this control once the interim agreement expires; until consensus is reached on this issue, its negotiators will not move on to other contentious issues in the peace talks with Washington. (Jin Shi)
05:37
Svmuu News: Citigroup has lowered its 12-month Bitcoin forecast from $112,000 to $82,000 due to negative capital flows in crypto ETFs. (Cointelegraph)
05:34
Svmuu News: On July 1, JUST officially released its GasFree monthly report for June.The data shows that the GasFree feature launched by TRON TRON is becoming the preferred solution for convenient on-chain transactions. This feature significantly simplifies the transaction process by allowing users to pay fees directly with USDT from their wallets, breaking the traditional requirement to “hold TRX in advance” and significantly lowering the barrier to on-chain interactions.
In June, GasFree processed a total of 719,270 transactions, with a total transfer value of $11.45 billion, serving more than 359,000 users.
05:33
Svmuu News: A senior Iranian official stated that indirect talks between Tehran and Washington began Tuesday evening local time in Doha; the talks focused on the unfreezing of Iranian funds and issues related to the Strait of Hormuz.
The official said, “The indirect negotiations began on Tuesday evening. The Iranian side held meetings with officials from Qatar and Pakistan, who subsequently engaged with the U.S. side. The indirect talks continued on Wednesday, focusing on Iran’s frozen assets and issues related to the Strait of Hormuz.” (Jin Shi)
05:25
Svmuu News: According to Coinglass data, of the 13 “July rallies” in Bitcoin’s history since 2013, 9 ended higher and 4 ended lower, with the largest gain occurring in July 2020, when the monthly gain reached 24.03%.The largest decline occurred in July 2014, when the monthly drop was 9.69%. To date, the average return for Bitcoin’s “July rallies” is 7.07%, with a median return of 8.16%.
EthereumHistorically, out of the 10 “July rallies” since 2016, 4 ended in gains and 6 ended in losses, with the largest gain occurring in July 2022, when the monthly gain reached 56.62%.The largest decline occurred in July 2017, when the monthly loss was 27.29%. To date, the average return for the “July Rally” on Ethereum is 9.00%, and the median return is -3.99%.
05:20
Svmuu News: On June 30 local time, Amazon, the cloud computing service platform of U.S. tech giant Amazon, announced that it will invest $1 billion (approximately 6.8 billion yuan) to establish a new artificial intelligence division dedicated to helping customers build and implement AI systems.
AmazonCloud Technology stated that it plans to deploy thousands of field engineers. The relevant teams will collaborate closely with clients’ business, R&D, and security departments to help clients build self-sufficient technical teams capable of independent operations and maintenance within just a few weeks, thereby delivering comprehensive AI solutions.According to foreign media reports, Amazon is the world’s largest cloud service provider by revenue and the first hyperscale cloud vendor to launch this type of specialized on-site engineer service. (Jin Shi)
05:14
Svmuu News: Anthropic reports that the U.S. has lifted export controls on Claude Fable 5 and Mythos 5.
04:55
Svmuu News: A source with direct knowledge of the discussions said that indirect technical talks between the United States and Iran are taking place in Doha, with Qatar and Pakistan serving as mediators.The source said that U.S. Special Envoy for the Middle East Witkov and Jared Kushner, son-in-law of Donald Trump, met with the Qatari prime minister on Tuesday to prepare for Wednesday’s technical talks, though they did not attend the talks themselves. (Jin Shi)
04:53
Svmuu News: Lorenzo Valente, Director of Digital Asset Research at ARK Invest, published an article questioning the OpenUSD stablecoin consortium project. He expressed strong skepticism about whether such consortium-based stablecoin initiatives can scale. He noted that similar consortia have emerged multiple times in the past—including Diem and Global Dollar—but ultimately failed to generate dominant network effects.The current stablecoin market remains dominated by Tether and Circle, whose core advantages lie in strong network effects and instant liquidity. OpenUSD, however, may face a “cold start” problem, as its joint governance structure will significantly slow down decision-making efficiency. Under decentralized governance, it is prone to coordination failures, similar to the governance dilemmas seen in DAO experiments:high coordination costs, slow execution, and difficulties in efficiently deploying capital.
Furthermore, OpenUSD’s economic model appears unlikely to sustain long-term operations; if it relies on a low-fee revenue-sharing mechanism, it will be unable to cover infrastructure, incentive, and market expansion costs.
Lorenzo Valente concluded that OpenUSD resembles more a “collection of letters of intent” than a unified product ecosystem with strong execution capabilities. He believes that, in the long run, a single operational entity capable of rapid iteration and independent decision-making is more likely to prevail than a joint governance structure requiring multi-party consensus.
04:47
Svmuu News: According to monitoring by on-chain analyst Ai Yi, four addresses—believed to belong to the same whale or entity—went long on BTC with 20x leverage on June 26 and again today, Each address went long on 200 BTC, for a combined total of 800 BTC. The total position value exceeds $46.88 million, with an unrealized loss of $450,000.
04:31
Svmuu News: According to an official announcement, Binance has announced that the delisting of certain spot trading pairs, originally scheduled for July 3, 2026, will be moved up to 12:00 (UTC) on July 1, 2026.The affected trading pairs include BIGTIME/USDC, BTC/EURI, CTK/BNB, CTK/BTC, ETH/EURI, ETH/PLN, GUN/BNB, JST/BTC, ZEN/BTC, BTC/PLN, USDC/PLN, and USDT/PLN.At the same time, Binance will discontinue its spot trading bot service for the above trading pairs as of the same date and time. Users may still trade the relevant assets via other trading pairs.
04:26
Svmuu News: According to official announcements, MGBX will launch spot trading for METAB (Meta), LITEB (Lumentum), and MSFTB (Microsoft) on July 1, 2026, at 18:00 (SGT). Deposits will open at 4:00 PM (SGT) on July 1, 2026. Trading will begin at 6:00 PM (SGT) on July 1, 2026. Withdrawals will be available starting at 7:00 PM (SGT) on July 2, 2026.

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