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7/1
16:06
Svmuu News: Federal Reserve Chairman Wash is expanding his advisory team; the latest appointment includes bringing in Samantha Schwab, a senior aide to U.S. Treasury Secretary Bessent, to serve as an advisor at Federal Reserve.Samantha Schwab has served as Bessent’s Deputy Chief of Staff at the Treasury Department since January 2025 and previously worked at the White House during Donald Trump’s first term.Samantha Schwab comes from a family with a background in finance; she is the granddaughter of Charles Schwab, founder of Charles Schwab. The specific start date for this reassignment has not yet been determined. This appointment has sparked discussion about Federal Reserve’s closer relationship with the Treasury Department, particularly given that Wash and Bessent meet weekly, raising market concerns about whether the central bank’s independence might be compromised.
16:03
Svmuu News: BitcoinTreasuries.NET posted on X that Empery Digital (EMPD) stated it may sell a portion of its 3,000 Bitcoin holdings to finance a $65 million AI data center project. The company currently has no plans to continue increasing its BTC holdings.
15:52
Svmuu News: Renowned technology analyst Dan Ives is leaving Wedbush Securities to launch a new venture, with plans to establish a “modern merchant bank” focused on AI opportunities. Dan Ives stated that the new firm will integrate research, investment banking advisory, capital raising, and investment operations to provide integrated financial and research services to companies and investors in light of the structural changes brought about by AI.
15:45
Svmuu News: Bloomberg ETF analyst Eric Balchunas posted on X that the BFOR (Barron’s 400) ETF has seen significant capital inflows. The fund, which was established 13 years ago and had an asset size of just $200 million, suddenly received $600 million in capital inflows. The fund has outperformed the market so far this year, which may have attracted a certain investment strategy, though he is not certain. This demonstrates that an ETF’s size can expand to four times its original size without affecting its premium rate.
15:33
Svmuu News: BitcoinTreasuries.NET posted on X that Adam Back has just stated that Bitcoin Standard Treasury BSTR is attempting to generate relatively conservative returns for Bitcoin through capital market strategies. Adam Back said that Bitcoin Standard Treasury BSTR will take a different approach compared to other treasury companies.
14:37
Svmuu News: Brian Armstrong posted on X, stating that the U.S. Constitution is the most important political innovation in history, but it lacks two crucial elements: a cap on government spending growth and a requirement for currency to be backed by hard assets. Without these two elements, every democratic nation will head toward greater debt and ultimately lose its status as a reserve currency; see *The Changing World Order*. U.S. debt stands at $39 trillion and increases by approximately $1 trillion every 100 days. Interest payments now exceed the defense budget, and existing mechanisms are unable to halt this trend. Politicians get elected by promising to provide free benefits using other people’s money; while some voters benefit in the short term, the negative consequences of this spending are borne by future generations who do not yet have the right to vote, rendering the incentive structure ineffective. Solutions include drafting new constitutions in frontier regions—such as Mars, special economic zones, or cyberspace; adjusting the incentive mechanisms within the existing system through constitutional amendments, though this is politically challenging; or achieving hyper-growth through AI, robotics, and cryptocurrency to outpace inflation.
14:26
Svmuu News: Robinhood has launched the public mainnet of its Layer 2 blockchain, Robinhood Chain, enabling tokenized stock trading in more than 120 countries, and introduced Robinhood Earn, a decentralized lending product that offers a yield of approximately 7% based on USDG.

Robinhood is expanding from its brokerage business into cryptocurrency, tokenized assets, and AI-driven trading.
13:53
Svmuu News: Spain’s National Securities Market Commission has authorized the cryptocurrency platform Venga to operate under the EU’s Market in Crypto-Assets Regulation (MiCA), making it one of the few entities in Spain to receive MiCA approval.

The MiCA transition period took effect on July 1. Digital asset companies that previously operated under national regulations must now obtain formal approval under the new framework or cease providing regulated services within the EU. This authorization allows Venga to provide services across the market comprising the 27 EU member states under a single regulatory framework.

Michael Stroev, co-founder and CEO of Venga, stated that the MiCA review covers aspects such as ownership structure, corporate governance, management suitability, risk frameworks, and product infrastructure. Previously, more than 3,000 crypto companies in the EU held local virtual asset service provider registrations, but currently, approximately 240 companies have obtained full MiCA authorization, with fewer than 15 approved companies in Spain.
13:28
Svmuu News: Tom Lee posted on X, stating that he is pleased to see the Ethereum Foundation taking a prudent approach to key issues raised by governments and policymakers regarding the critical role of neutral blockchains—such as Ethereum—in financial infrastructure and economics.
13:27
Svmuu News: Streamex Corp. announced that its gold-backed, tokenized income security, GLDY, is now available for purchase through standard brokerage accounts. The product is distributed by Siebert Financial, a FINRA member firm, and custodied by the regulated digital securities platform tZERO. Streamex offers GLDY to accredited investors.
GLDY offers an annualized yield of up to approximately 3.5%, distributed monthly in the form of additional gold. The yield is generated by lending the underlying metal to commercial users such as jewelers, mints, and refiners. Streamex stated that GLDY was launched in February and gained 24/7 secondary trading in May through Orca, a Solana-based decentralized exchange.
GLDY is currently available only to verified qualified investors as a regulated security. Streamex is building a tokenization platform for real-world assets and plans to launch a digital gold product for retail investors, which is expected to be tradable on decentralized exchanges such as Jupiter, Meteora, and Orca.
13:25
Svmuu News: Bitcoin News posted on X stating that, nearly a decade after becoming an early adopter of the Lightning Network, Bitrefill has once again added support for the new Bitcoin payment network, introducing Arkade payments that support instant, fee-free transactions.
13:20
Svmuu News: U.S. President Donald Trump posted that Micron has announced a $250 million investment in Donald Trump, stating that the investment will help millions of American children and families achieve financial security, and noting that his policies are working and have been “a huge success.”
13:18
Svmuu News: Michael Saylor posted on X, stating that Strategy disclosed on Monday that its goal is for STRC to trade in the $99 to $100 range over time.
13:09
Svmuu News: European cryptocurrency exchange WhiteBIT has announced the launch of TradeFi, a new market category that allows users to trade more than 45 perpetual contracts linked to price movements in commodities, stocks, and ETFs directly within the cryptocurrency trading interface.

TradeFi uses USDT as the margin and settlement asset and supports trading of these contracts through a single WhiteBIT account. Underlying assets include gold, silver, crude oil, natural gas, and copper, as well as stocks such as Apple, Microsoft, Nvidia, Tesla, Coinbase, and Robinhood, and select market ETFs.

WhiteBIT states that the TradeFi tool is provided through its perpetual contracts interface; the related products merely track the price fluctuations of traditional assets and do not represent actual trading or investment in the underlying assets, nor do they confer ownership, shareholder rights, or related interests.
12:53
Svmuu News: Bitcoin News posted on X that Kevin Warsh said he has been out of the industry for 15 years, but still bears the scars of the global financial crisis.
12:42
Svmuu News Bitcoin fell as low as $57,779 on Wednesday—its lowest level since September 2024—before rebounding 2.8% to around $60,000.This rebound came after U.S. employment and manufacturing data came in weaker than expected and Fed Chair Kevin Warsh did not explicitly signal a willingness to raise interest rates.

ADP data showed that the U.S. private sector added 98,000 jobs in June, down from 122,000 in May and below market expectations; the ISM Manufacturing Index fell from 54 to 53.3, while the Prices Paid Index dropped from 82.1 to 73.The yield on the two-year U.S. Treasury note closed flat at 4.15%.

SoSoValue data showed that the U.S. spot Bitcoin ETF saw outflows of $4.5 billion in June, setting a record for monthly outflows. Glassnode data indicated that long-term holders have returned to an accumulation phase, with the proportion of buy orders in the spot order books for Binance and Coinbase on the rise.
12:37
Svmuu News: Securitize shares are expected to begin trading on the New York Stock Exchange on Thursday under the ticker symbol SECZ. Securitize is a BlackRock-backed tokenization company that has helped firms such as BlackRock issue securities on-chain.

Securitize President Brett Redfearn said that bringing real-world assets onto the blockchain allows investors to control assets in digital form and reduces intermediaries in traditional business operations. Citing stock lending as an example, he noted that Robinhood currently retains about 85% of the related revenue, while Charles Schwab splits the revenue equally with users.

Redfearn believes that DeFi can offer investors in the tokenized securities ecosystem more ways to utilize their assets, but that growth in this area also depends on development by external developers. Robinhood is expected to launch a new product on Wednesday; Compass Point analyst Ed Engel previously stated that this may include DeFi-compatible tokenized stocks.
12:26
Svmuu News: Ethereum Institutional, a nonprofit organization founded by several former Ethereum Foundation employees, launched in 2026 with the aim of providing banks and asset management firms with a single point of contact for accessing the Ethereum ecosystem, covering Ethereum, Layer 2 networks, and their application stacks.

Ethereum Institutional was founded by David Walsh, Marius Smith, and Matthew Dawson and has operated independently since its incubation by the Ethereum Foundation. The organization states that it does not charge advisory or consulting fees and operates as a nonprofit to avoid bias toward specific vendors or products.

Ethereum Institutional states that it collaborates with Ethlabs, Etherealize, and the Enterprise Ethereum Alliance to address institutional needs and explain the value proposition of Ethereum to banks, while Ethlabs focuses on translating those needs into technical products.
12:03
Svmuu News: U.S. Democratic Senator Elizabeth Warren said legislation is needed to prevent the Donald Trump from generating more cryptocurrency-related revenue.
11:58
Svmuu News: According to industry sources, on July 1, ASE, the world’s leading semiconductor packaging and testing (OSAT) provider, announced another increase in its packaging prices, with the highest price hike exceeding 20%.
The price increases announced by ASE this time cover various advanced packaging technologies, including Chip-on-Wafer-Substrate (CoWoS) and Fan-Out Chip-on-Substrate (FoCoS). (Jin Shi)

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