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7/2
10:45
Svmuu News: U.S. Senator Elizabeth Warren has called on Federal Reserve Board Member Christopher Waller to halt his efforts to reform Federal Reserve the operational structure of the 12 regional branches.As the top Democrat on the Senate Banking Committee, Warren wrote to Waller on Wednesday, noting that his proposed reforms to the Federal Reserve system may conflict with federal law and suggesting that they could undermine the independence of the Federal Reserve.
Although Waller holds certain regulatory authority as chair of the Federal Reserve Affairs Subcommittee of the Federal Reserve Board, these regional branches were granted a high degree of autonomy from their inception and retain control over their own day-to-day operations. ““This proposal does not appear to be a serious effort to reform the Federal Reserve system; rather, it seems like a barely veiled attempt to appease Donald Trump, which is seeking greater control over regional bank presidents,” Warren wrote in the letter. “I demand that you immediately halt all work related to this proposal and provide Congress with further information.” (Bloomberg)
10:41
Svmuu News: Galaxy posted on X, noting that many Registered Investment Advisors (RIAs) are struggling to meet their clients’ demand to allocate funds to DeFi while complying with the U.S. SEC’s Custody Rule. Current regulations require client assets to be held by a Qualified Custodian (QC), effectively ruling out self-custody and making it difficult for traditional financial accounts to directly participate in DeFi strategies.
In practice, however, the costs associated with ensuring technical compatibility and regulatory alignment between custodians and new public blockchains, tokens, and DeFi protocols are high, and most custodians lack the capability to support DeFi interactions, resulting in a persistent “compliance infrastructure gap.” At the same time, fiduciary duties require that RIAs cannot simply disregard clients’ demand for DeFi exposure, creating a structural conflict for institutions between compliance requirements and investment objectives.
Galaxy believes that a potential solution for the future lies in establishing a principles-based regulatory framework that includes MPC key management, governance controls, third-party audits, on-chain transparency, and rigorous protocol due diligence mechanisms—all designed to unlock on-chain asset allocation capabilities without compromising regulatory objectives.
10:34
Svmuu News: Analyst Eric Merlis said, “June’s nonfarm payrolls fell significantly short of expectations, in sharp contrast to the string of upward surprises earlier this year, but the labor market continues to create jobs, and wage growth shows almost no signs of accelerating.” ““With the labor force participation rate weakening and hiring cooling off, the Federal Reserve’s decision last month to hold rates steady no longer appears to be a policy misstep, but rather a prudent and patient approach. Meanwhile, the market is repricing: as the inflation debate continues, the likelihood of future rate hikes is declining.” (Jin Shi)
10:24
Svmuu News: According to data from MSX.COM, U.S. storage-related stocks are trading lower, with SanDisk’s decline widening to 4%, Seagate Technology falling more than 2%, Western Digital down 1.8%, and Micron’s gains narrowing to 0.2%.
10:23
Svmuu News: According to GMGN data, ANSEM, a meme coin in the Solana ecosystem, briefly surpassed a market capitalization of $190 million, setting a new all-time high. It is currently trading at $185.6 million, up 38.49% over the past 24 hours.
Svmuu reminds users that meme coin prices are highly volatile, and investors should exercise caution when participating.
10:16
Svmuu News: Market Report: Major European countries currently believe that the imposition of tolls in the Strait of Hormuz is now inevitable. (Jin Shi)
10:13
Svmuu News: According to on-chain analyst Yu Jin, over the past half hour, the short position held by whale "sat0shi777" was liquidated for 31,600 ETH (US$53.5 million), which also fueled ETH’s rebound. After the U.S. stock market opened at 9:30 a.m., the ETH price successfully broke through its $1,674 liquidation price. The liquidated portion of the ETH position resulted in a loss of $4.64 million; following the liquidation, there remains a short position worth $38.64 million in ETH, with the latest liquidation price at $1,764—roughly $50 away from the current price.
10:10
Svmuu News: According to data from MSX.COM, U.S. space-related stocks rose, with Rocket Lab up nearly 7%, AST SpaceMobile up 5%, Boeing up nearly 4%, and SpaceX up nearly 2%.
10:08
Svmuu News Microsoft announced that it will invest $2.5 billion in a new “Applied AI Consulting and Solutions” division to help enterprises deploy and customize AI software more efficiently. The company will invest $2.5 billion,The division was established in response to challenges faced by many large enterprises in applying AI, such as complex configurations, difficulties in aligning with business scenarios, and unclear returns on investment.
Microsoftstated that the new team will focus on enterprise-level AI implementation, including model customization, system integration, and business process optimization, to enhance the usability and commercial value of AI in actual production environments.The market views this move as further evidence that AI competition is shifting from model capabilities to a new phase centered on “implementation and monetization capabilities.” (TechCrunch)
09:54
Svmuu News: According to multiple sources familiar with the matter, Anthropic has begun early-stage R&D on custom AI chips and has approached Samsung Electronics to explore the possibility of a manufacturing partnership. Reportedly, the plan aims to follow the lead of competitors such as OpenAI by developing in-house or custom chips to gain greater control over high-cost AI computing infrastructure, thereby reducing reliance on external GPU supplies.
If the project moves forward, Anthropic will be a relative “latecomer” in the field of AI server chip design, lagging behind tech companies that began developing their own chips earlier. The plan is currently in its early stages, and specific collaboration and mass production arrangements have not yet been finalized. (The Information)
09:50
Svmuu News: HSBC Holdings announced that it has raised its price target for Intel (INTC.O) from $100 to $200. (Jin Shi)
09:49
Svmuu News: In its “300mm Wafer Fab Outlook” report, SEMI noted that global equipment investment in the memory sector for 300mm wafer fabs is expected to exceed $50 billion for the first time in 2026, growing 29% to $52 billion, and is projected to increase by another 11% to $57 billion in 2027. Driven by increased investment in AI infrastructure, data centers, and next-generation computing systems, this growth reflects the sustained AI-driven demand for advanced memory.
Looking ahead, SEMI projects that global equipment investment in the 300mm wafer fab memory sector will grow at a compound annual growth rate (CAGR) of 19% from 2024 to 2029. Global 300mm memory production capacity is also expected to continue increasing, reaching 4.1 million wafers per month in 2026 and 4.2 million wafers per month in 2027. (Jinshi)
09:48
According to monitoring data from the Svmuu Seer Prophet Channel, in the “World Cup Round of 16: Portugal vs. Croatia” prediction event on predict.fun, the probability of a Portugal victory is currently reported at 56%; the probability of a draw is currently reported at 25%; and the probability of a Croatia victory is currently reported at 19%. This market refers only to the result within the first 90 minutes of regular match time (including injury time).
At 7:00 a.m. Beijing Time on July 3, Portugal will face Croatia in the World Cup Round of 16. The biggest highlight of this match is undoubtedly the reunion of Real Madrid teammates Cristiano Ronaldo and Luka Modrić. Both players are nearing the end of their careers, and this knockout match could very well be the last time they face off on a World Cup stage.
Portugal finished the group stage with one win and two draws; while their overall performance wasn’t particularly strong, they still hold a clear advantage in squad depth and individual attacking talent. Croatia, meanwhile, lost to England in their opening match but bounced back with consecutive wins over Panama and Ghana to advance, demonstrating their continued resilience.
Svmuu Seer continues to monitor the prediction markets, spotting shifts before prices are set.
09:48
Svmuu News: Adam, a macro researcher at Greeks.live, posted that Bitcoins have reclaimed the $60,000 psychological level. Currently, GEX is concentrated around the $60,000 mark; as the price has been fluctuating around this key level, both long and short positions have accumulated there.
However, bearish positions are currently distributed between $55,000 and $60,000. Below $55,000 lies a liquidity vacuum, meaning a break below this level could open up significant downside potential; above $60,000, the price has fluctuated repeatedly in recent months, with positions distributed more evenly.Overall, the risk of a decline is greater. Macroeconomic uncertainty, coupled with capital outflows from the U.S., makes it difficult to provide support for the cryptocurrency market; currently, selling call options offers a favorable risk-reward ratio.
09:42
Svmuu News: Bitget’s U.S. stock options trading feature has officially launched, with over 540 popular underlying assets available in the first phase, covering core indices such as the S&P 500, Nasdaqs 100, and Dow Jones 30, as well as major ETFs. Full coverage of all stocks and ETFs will be rolled out gradually in the future.To optimize the user experience and lower the barrier to entry, all users trading U.S. stock options on Bitget enjoy zero commissions.
The options trading service launched this time uses a T+1 settlement cycle, consistent with U.S. stock spot trading; trading hours are 9:30 a.m. to 4:00 p.m. Eastern Time, and only cash trading is supported (margin trading is not supported). The margin requirement for Long Call/Put positions is 100%.The system also provides real-time P&L estimates for orders, supports order modification, cancellation, and transaction history queries, ensuring users can achieve more transparent asset allocation.
In addition, Bitget has launched a special incentive campaign. During the campaign period, eligible users who complete registration and execute their first U.S. stock options trade will receive NVIDIA (NVDA) stock worth $15. Users can update the Bitget app to version 2.87.0 to experience these features.
09:41
Svmuu News: According to Coinglass data, liquidations across the entire network totaled $165 million in the past hour, with short positions accounting for $138 million and long positions for $27.22 million.In addition, Ethereum recorded liquidations totaling $104 million, while Bitcoin recorded liquidations totaling $50.2 million.
09:40
Svmuu News: Hassett, Director of the White House National Economic Council, stated that it is highly unusual that Jerome Powell has still not left Federal Reserve. He expressed concern about the motives behind Jerome Powell’s decision to remain at Federal Reserve. (Jin Shi)
09:37
Svmuu News Federal Reserve Daly said inflation should begin to slow, but there is significant uncertainty surrounding the economic outlook.Speaking Thursday at a Bank of Spain event in Santander, Spain, Daly said, “We continue to maintain policy at a slightly restrictive level, so inflation should come down.” Daly noted that rising tariffs and oil prices this spring pushed up inflation following the U.S. military action against Iran.
She welcomed the easing of the surge in oil prices following the U.S.-Iran ceasefire agreement, calling it a “sign of relief,” but warned that it remains unclear how the economy will evolve. She outlined various scenarios that might require Federal Reserve to respond differently, and indicated that Federal Reserve may need to take a more proactive stance in the face of persistent inflation.
Daly also noted that she is open to adopting different and innovative approaches to assessing the economy, but emphasized that, for the credibility of Federal Reserve, it is important not to alter its dual mandate of promoting full employment and price stability. (Jin Shi)
09:35
Svmuu News: According to OKX data, BTC has broken through 62,000 USDT and is currently trading at 62,003 USDT, up 5.43% over the past 24 hours.
09:35
Svmuu News: According to OKX market data, ETH has broken through 1,700 USDT and is currently trading at 1,700.99 USDT, up 7.87% over the past 24 hours.

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