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03:19
Svmuu News: The South Korean government is considering extending its support program to ensure access to GPUs, a core resource for AI. On July 7, according to industry sources, the Ministry of Science and ICT is assessing the capacity of major South Korean cloud service providers to deploy additional GPUs, with the goal of extending the “Project to Strengthen the Infrastructure for AI Computing Resource Utilization.”The core of this project involves the government using its budget to purchase GPUs, deploying them in cloud service providers’ data centers, and making them available to industry, academia, and research institutions. Last year, the South Korean government allocated a budget of approximately 1 trillion won, and this year it has allocated 2 trillion won to secure more than 20,000 GPUs.The project was originally scheduled to end this year, but due to surging demand for advanced resources such as the next-generation GPU “Vera Rubin” from NVIDIA, the South Korean government is formulating comprehensive measures, including optimizing data center efficiency and securing new space. It is also reported to have applied to the Planning and Budget Office for a “special supplementary budget” to support GPU supply.Industry estimates suggest that, considering this year’s GPU procurement budget and the government’s commitment, next year’s budget could reach as high as approximately 4 trillion won.Industry observers note that, compared to GPU supply itself, “equipment installation space” will be the key to the project’s success or failure, as running thousands of high-performance GPUs simultaneously requires massive power supplies and advanced cooling systems, while the equipment installation space available to South Korean companies is already nearing saturation. (ETNews Electronics).
03:03
Svmuu News: The Jupiter Strategic Reserve Trust, Jupiter Litterbox Trust, increased its holdings by 255,800 JUP yesterday, bringing its total increase this month to 1,928,800 JUP. As of now, the Litterbox Trust holds a total of 146 million JUP.
03:02
Svmuu News: According to an official announcement, Binance will update the margin requirements for PortfolioMargin and PMPro on July 10, 2026, at 14:00 (Beijing Time), affecting SOL, BNSOL, WBTC, and VANRY.Additionally, Binance will adjust the leverage and margin tiers for several USDⓈ-M perpetual contracts on July 10, 2026, at 14:30 (Beijing Time), including MANTAUSDT, BANUSDT,EULUSDT, AERGOUSDT, INUSDT, SCRTUSDT, TAIKOUSDT, PLAYUSDT, HOMEUSDT, and GUAUSDT.
02:51
Svmuu News: According to an official announcement, OKX will launch FETUSD and MONUSD-denominated X-Contracts (X-Perp) on its web platform, mobile app, and API on July 7.
Trading for the FETUSD X-Perp contract will begin at 17:00 (UTC+8) on July 7, while trading for the MONUSD X-Perp contract will begin at 17:15 (UTC+8) on July 7.
02:39
Svmuu News Tether is preparing to launch USDT natively on the Bitcoin network based on the RGB v0.11.1 protocol, with UTEXO responsible for its commercial issuance and distribution. This marks USDT’s return to the Bitcoin mainnet after many years, following its initial launch on Bitcoin via the Omni protocol in 2014.
UTEXO co-founder Viktor Ihnatiuk stated that the company has secured support from Tether and will be responsible for driving the implementation of native USDT on Bitcoin.According to the official announcement, the RGB protocol employs client-side verification combined with the Lightning Network, enabling instant, low-cost, and private USDT transactions while inheriting the security model of Bitcoin UTXO. In the future, users will be able to hold USDT directly via native Bitcoin addresses and send and receive it using RGB-compatible Lightning Network wallets.
02:33
Svmuu News: According to an official announcement, Binance will list the spot trading pairs CBRSB/USDT, COINB/USDT, DRAMB/USDT, GLWB/USDT, GOOGLB/USDT, NBISB/USDT,QCOMB/USDT, SOXLB/USDT, SPYB/USDT, and WDCB/USDT spot trading pairs on July 7, 2026, at 13:30 (UTC), and will launch its spot algorithmic trading bot service.These trading pairs will be subject to zero order fees during the promotional period (from launch through August 31, 2026, at 23:59 UTC). Deposits and withdrawals for the relevant bStocks tokens will be available starting July 7, 2026, at 14:30 (UTC).
02:19
According to Svmuu Seer’s monitoring, the probability of “Mbappé winning the 2026 World Cup Golden Boot” on predict.fun has risen to 48%, surpassing Messi, with a weekly increase of 22%; the probability of Messi winning the Golden Boot has dropped to 34%, falling to second place; while Haaland has moved into third place with a 13% probability, overtaking Kane.
As the World Cup knockout stage nears its conclusion, the race for the Golden Boot has reached a critical turning point: Messi and Mbappé are tied for the lead on the scoring chart with 7 goals each, but Mbappé holds the edge in the rankings under the World Cup Golden Boot rules due to his higher number of assists, so whether Messi can score in Argentina’s Round of 16 match against Egypt—which kicks off at 0:00 Beijing Time on July 8—will be particularly crucial.
Svmuu Seer continues to monitor prediction markets, spotting changes before they are priced in.
02:13
Svmuu News, July 7: Pissarides, the 2010 Nobel laureate in Economics, warned that artificial intelligence will not usher Western economies back into an era of rapid productivity growth—an era that may be gone for good.Pissarides noted that as many as 40 percent of jobs in the United States and the United Kingdom are unlikely to be significantly affected by AI, citing sectors such as nursing and the hospitality industry. Technology companies and governments are pinning their hopes on AI to revive growth rates that have slowed significantly in recent decades.The weak performance of Western economies—particularly in Europe—has made policy trade-offs even more difficult. However, Pissarides noted that there is currently little evidence that AI can boost productivity, and he questioned claims by figures such as NVIDIA CEO Jensen Huang and OpenAI founder Sam Altman that the technology will have a profound impact on employment.Although the technology may yield some productivity gains, “I am skeptical that we will see a repeat of the computer boom of the 1980s and 1990s,” Pissarides said.
02:10
Svmuu News: According to Gate data, the South Korean KOSPI index narrowed its losses to about 5% in late trading.
02:09
Svmuu News: According to Lookonchain’s monitoring, an address shorted 3,753.56 SNDK on Aster DEX with 10x leverage, worth $6.27 million. The position currently shows a floating profit of $116,000, representing a return of 18.53%.
02:04
Svmuu News: Morgan Stanley has initiated coverage of SpaceX (SPCX.US) with an “Overweight” rating and a price target of $300.
01:55
Svmuu News: CryptoQuant analyst Darkfost posted that Bitcoin’s “Apparent Demand” has remained in negative territory for most of this year, reflecting continued weakness in market demand and serving as a key factor behind the sustained downward pressure on Bitcoin.
Data shows that on June 3, Bitcoin’s apparent demand briefly fell to a year-to-date low of -275,000 BTC, but has since rebounded to approximately -75,000 BTC. Darkfost believes that while the improvement in demand is worth noting, a true recovery in demand will require this metric to consistently return to positive territory.
He explained that the apparent demand metric is calculated as the difference between “newly issued BTC” and “the supply of BTC that has not moved for over a year,” and can be used to measure whether structural accumulation by long-term holders is sufficient to absorb the network’s new supply.At present, while long-term demand has shown some recovery, it has not yet reached a level sufficient to propel the market into a new uptrend.
01:55
Svmuu News: The crypto wallet app Ctrl Wallet has announced that it will cease operations on August 3. Ctrl Wallet has been removed from the App Store, Play Store, and browser extension stores. For users who have already installed the app, it will continue to function normally until August 2. Starting August 3, in-app functions such as sending, receiving, and exchanging assets, as well as DApp connections, will no longer be available; only the export feature will remain supported.
01:46
Svmuu News: According to an official announcement, Bithumb will list the ICNT/KRW trading pair.
01:33
Svmuu News: According to Gate data, Kioxia’s stock price on the Japanese market continued its downward trend, falling 12% in the latest trading session.
01:30
1. ANSEM announced an ecosystem update: It will use creator fees to replenish LP pools and airdrop SOL to community contributors;
2. The Bitcoin spot ETF saw total net inflows of $266 million yesterday, with the BlackRockIBIT leading the way with net inflows of $209 million;
3. The Ethereum spot ETF saw total net inflows of $29.0822 million yesterday, marking its third consecutive day of net inflows;
4. Foreign investors sold off approximately $1.493 billion worth of shares in the South Korean stock market again today, with retail investors stepping in to buy;
5. Bernstein: Assigns SpaceX an “Outperform” rating with a price target of $239;
6. Samsung’s soaring profits cannot mask underlying concerns; its stock’s sharp decline dragged the KOSPI index down 6%;
7. Sources: Foreign exchange transactions related to SK Hynix’s U.S. IPO are expected to take place around July 15;
8. With 41.8% of the circulating supply burned, pump.fun’s weekly protocol fees reached $7.2 million;
9. SpaceX President Gwynne Shotwell donated $325 million worth of SpaceX stock to the “Donald Trump” account;
10. Rocket Lab’s founder is suspected of having executed a scheduled stock sale; RKLB closed down 7.37%;
11. Embers disclosed details of the BONK governance attack: $4.4 million was used to siphon off $21.2 million.
01:23
Svmuu News: Iranian Foreign Minister Araghchi posted on social media on the 7th, stating that, according to the terms of the memorandum of understanding signed between Iran and the U.S., negotiations on a final agreement will not begin if the threats persist. (Xinhua News Agency)
01:17
Svmuu News JPMorgan Chase Raisah Rasid, Global Market Strategist for Asset Management, said that companies involved in robotics and autonomous driving could be the next wave of winners in the AI sector. She noted, “The AI story is far from over, and widespread adoption is accelerating, particularly in the field of generative AI.”She added that as AI-related winners expand beyond hyperscale companies, earnings growth—particularly in the hardware sector—has been driving returns in major markets.
However, she noted that the triple-digit gains seen by South Korea’s KOSPI index in the first half of the year are unlikely to be repeated in the second half, as growth is expected to moderate due to companies’ potential difficulty in maintaining strong pricing power in the hardware sector. (Jinshi)
01:16
Svmuu News: According to Gate data, spot gold has fallen 1% today and is currently trading at $4,122.52 per ounce.
01:13
Svmuu News: According to OKX market data, BTC has fallen below 63,000 USDT and is currently trading at 62,998.5 USDT, down 0.36% over the past 24 hours.

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