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7/8
21:27
Svmuu News: Shin Hyun-song, governor of the Bank of Korea, said interest rates need to be raised at the appropriate time.
21:04
Svmuu News: A user lost approximately 999,999 USDT after signing a phishing token authorization on Ethereum. The attacker’s first attempt to withdraw $1 million failed because the amount exceeded the wallet balance by $631; 36 seconds later, the attacker recalculated the amount and successfully withdrew the entire remaining balance.Scam Sniffer reminds users to verify all signing requests and never rush to sign transactions.
21:01
Svmuu News: According to the latest data from Gate, the price of gold has fallen to $4,074.08 per ounce, marking a 0.11% decline for the day. The price of silver has fallen to $58.297 per ounce, marking a 0.35% increase for the day.
The BVIX (BTC Volatility Index) is currently quoted at 39.41, up 0.59% for the day. The EVIX (ETH Volatility Index) is currently quoted at 53.49, up 0.19% for the day.
In the foreign exchange market, the U.S. dollar against the offshore yuan (USD/CNH) fell 0.03% intraday, with the current exchange rate at 6.80403. The U.S. dollar against the Japanese yen (USD/JPY) fell 0.06% intraday, with the current exchange rate at 162.442.
In global stock indices, the Euro Stoxx 50 Index (EUSTX50) fell 1.06% intraday to 6,243.26 points; the UK FTSE 100 Index (UK100) fell 0.04% intraday to 10,499.1 points; the German DAX 40 Index (GER40) rose 0.05% on the day to 25,026 points.
In the commodities market, WTI crude oil fell 1.39% intraday to $74.23 per barrel. Brent crude oil fell 0.54% intraday to $78.65 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.
21:01
Svmuu News: According to data from MSX.COM, at the close of U.S. trading, the Dow Jones Industrial Average fell 1.09%, the S&P 500 Index fell 0.28%, the Nasdaq Composite rose 0.2%, and the VIX fear index rose 4.77%.AI-related stocks saw widespread gains, with Arista Networks up 8.76%, CoreWeave up 7.75%, Supermicro up 7.31%, Baidu up 4.93%, and Broadcom up 4.83%. 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.
20:55
Svmuu News: Alfa-Bank, Russia’s largest private bank, has announced plans to become a digital custodian and offer cryptocurrency-related services to its own clients and other legal entities. Dmitry Vitman, Alfa-Bank’s Chief Operating Officer, stated that the bank hopes to create investment tools based on open blockchains to attract foreign investors and develop its own products and tools capable of competing in international markets. He anticipates that, following the enactment of the government’s cryptocurrency regulatory legislation, retail brokerage services involving both Russian and foreign infrastructure may emerge in Russia between late 2026 and early 2027, though significant liquidity is not expected to materialize until at least the end of 2027. Digital custodians are regulated entities that, under Russian law, are responsible for monitoring all client cryptocurrency transactions and freezing transfers to addresses not approved by the state.
20:51
Svmuu News: Kazakh President Tokayev has signed a presidential decree on “Measures to Stimulate and Develop the Digital Asset Industry,” which proposes allowing businesses and government agencies to use stablecoins for cross-border payments.
The decree states that exploring payment mechanisms for crypto assets will open new channels for Kazakhstan’s import and export business. At the same time, the plan calls for exempting individuals from personal income tax on crypto transactions conducted through the national regulatory infrastructure and encourages users to transfer digital assets previously held on unregulated overseas platforms to domestic service providers.
Furthermore, the decree restricts the use of associated natural gas for cryptocurrency mining, stipulating that this resource may be used for digital asset mining only if it is “not required to meet domestic needs.” The decree was jointly drafted by Kazakhstan’s Ministry of Artificial Intelligence and Digital Development, the National Bank of Kazakhstan, and the Astana International Financial Center. (Bits.media)
20:46
Svmuu News: According to on-chain analyst Yu Jin,a certain whale continued to take profits today, selling 7 million Binance tokens worth $4.95 million. Of these, 6.9 million were transferred to Binance, valued at $4.88 million, while 100,000 were sold on-chain for BNB, worth $70,000.This whale spent 2.14 BNB (worth $2,480) within half an hour of the Binance launch last October to purchase 18.5 million Binance and held them until recently.The whale began taking profits in June and has so far sold 10.5 million Binance tokens, worth $7.33 million. They still hold 8 million Binance tokens on-chain, worth $5.71 million, turning the initial $2,480 investment into over $13 million.
20:39
Svmuu News: According to data from SoSoValue, SOL spot ETFs saw total net outflows of $8.6468 million yesterday (July 8, Eastern Time).
The SOL spot ETF with the largest net outflow yesterday was the Bitwise Solana Staking ETF (BSOL), which saw a single-day net outflow of $6.6086 million; its total historical net inflow currently stands at $900 million.
Next was the Grayscale Solana Trust (GSOL), with a single-day net outflow of $2.0381 million; its total historical net inflows now stand at $108 million.
As of press time, the total net asset value of SOL spot ETFs stood at $894 million, with a SOL net asset ratio of 1.99%, and cumulative historical net inflows have reached $1.137 billion.
20:39
Svmuu News Coinbase reports that it has obtained an investment services authorization in the UK, allowing it to offer cryptocurrency, stock, and derivatives services on a single platform and through a unified login system. This authorization was issued by the UK’s Financial Conduct Authority (FCA) under the MiFID framework, permitting regulated firms to provide investment services and trade financial instruments, including stocks and derivatives. Coinbase The company stated that advanced traders will have access to perpetual futures related to cryptocurrencies, stocks, and commodities, while retail investors will be able to trade stocks. Stablecoin payments, savings, lending, cryptocurrencies, derivatives, and stocks will also be available on Coinbase, and the tokenization of real-world assets is already in the works. Coinbase It also holds a UK e-money institution license and is registered as a crypto-asset service provider. (Bitcoin.com News).
20:38
Svmuu News: Chipmaker Changxin Technology has received registration approval from the China Securities Regulatory Commission and has officially launched the IPO process on the STAR Market.The company plans to raise 29.5 billion yuan. Based on the fundraising amount and the number of shares to be issued, the estimated offering price is approximately 4.41 yuan per share, with an estimated total market capitalization of nearly 295 billion yuan after listing.
The company expects to achieve revenue of 110 billion to 120 billion yuan and net profit of 66 billion to 75 billion yuan in the first half of 2026, marking a turnaround from losses to growth.
According to the offering arrangements, the initial strategic allocation ratio for this offering is 50%, and the offline allocation follows the “3+7” rule, under which 70% of the shares allocated offline are subject to a six-month lock-up period.Estimates indicate that approximately 78% of the issued shares will be subject to lock-up restrictions on the first day of listing, with the estimated market capitalization of tradable new shares on the first day amounting to approximately 6.5 billion yuan.
In addition, retail investors must activate trading permissions for the STAR Market and meet the Shanghai Stock Exchange’s market capitalization requirements; certain major shareholders have committed to a 36-month lock-up period, and the lead underwriter, CICC, holds a 15% over-allotment option and may conduct price stabilization operations within 30 calendar days after the listing.
20:27
Svmuu News: According to data from SoSoValue, the XRP spot ETF saw total net outflows of $7.2918 million yesterday (July 8, Eastern Time).
Yesterday, only the Bitwise XRP ETF (XRP) experienced net outflows, totaling $7.2918 million for the day; its cumulative historical net inflows now stand at $494 million.
As of press time, the total net asset value of the XRP spot ETF stood at $983 million, with an XRP net asset ratio of 1.45%; cumulative net inflows have reached $1.479 billion.
20:27
Svmuu News: Ark Invest, led by Cathie Wood, purchased 181,847 shares of SpaceX on Wednesday, worth approximately $27 million. SPCX fell 0.81% that day, closing at $148.26, marking a cumulative decline of 13.5% over the past five trading days.
20:25
Svmuu News: He Yi, co-founder of Binance, posted on X, stating that none of his online interactions should be taken as an indicator of market trends. He has no bias against meme coins, but believes that meme coins on the BNB Chain deserve better design aesthetics.
20:21
Svmuu News: He Yi, co-founder of Binance, posted on X stating that if people support CZ or himself, they can simply purchase BNB directly—there is no need to look for so-called “clues” or make donations.
Yi He noted that his personal BNB holdings are fully disclosed on the Binance platform.
20:13
Svmuu News: According to Gate data, South Korea’s KOSPI index opened 241.33 points higher on Thursday, July 9, a gain of 3.33%, at 7,488.12 points. SK Hynix rose 7%, and Samsung Electronics rose 3%.
20:11
Svmuu News: Seb Audet, CEO of DeFi portfolio tracker Zapper, announced that after nearly seven years of operation, the company has decided to shut down completely. All features, including the official website, mobile app, and API services, will officially go offline on August 3. Founded in 2019, Zapper was once a leading portfolio tracking tool in the DeFi space, offering features such as liquidity pool monitoring, yield farming tracking, DEX aggregation, and NFT support. At its peak, the project had 2 million monthly active users and processed over $13 billion in transaction volume. Zapper had previously secured a $15 million Series A funding round led by Framework Ventures, with investors including Mark Cuban. Seb Audet stated that after evaluating various options, the company believes an orderly shutdown is the best course of action at this time.
20:10
Svmuu News: According to Onchain Lens, a wallet believed to belong to Multicoin Capital sold HYPE through Galaxy Digital. 167,000 HYPE tokens were transferred to Galaxy Digital’s OTC trading desk via an intermediary wallet 38 minutes ago, with a value of approximately $11.2 million.
20:09
Svmuu News: A Fox Business crypto reporter posted on X that Senator Ron Wyden has called on Senate leaders to retain the Blockchain Regulatory Certainty Act—which has already been passed by the Senate Banking Committee—in any version of the Clarity Act submitted for consideration by the full Senate. This request comes amid uncertainty regarding whether certain key law enforcement groups will accept the BRCA’s language and whether amendments are needed to secure their support and the votes of other Democratic senators, such as Cortez Masto and Mark Warner. In a letter to Thune and Schumer, Wyden stated that the provision would codify existing federal policy, clarifying that non-custodial software developers should not be considered money transmitters solely for releasing software, while preserving the DOJ and FinCEN’s ability to pursue illegal actors. Wyden is a Democratic co-sponsor of the Senate’s standalone BRCA bill; Sen. Lummis is the other co-sponsor.
20:08
Svmuu News: Joe Burnett, Vice President of Strive, posted on X, stating that the annualized BTC breakeven rate is often difficult to understand, and it is important to understand why.There are roughly three schools of thought regarding Bitcoin: Bullish investors Bitcoin believe Bitcoin will appreciate significantly. If they can borrow long-term capital at a cost below 20% and expect Bitcoin to achieve a compound annual growth rate higher than that level in the future, they are willing to leverage their positions to buy more Bitcoin;Neutral Bitcoin Investors have a much lower required rate of return for Bitcoin. According to Michael Saylor’s post, even if Bitcoin grows by only 3.3% annually, they could still sustain current dividends through capital gains from Bitcoin—a different bet from believing that Bitcoin will grow at a compound annual growth rate of over 20%.For context, the historical annual growth rate of the U.S. dollar M2 money supply is approximately 7 percent,BTC is a scarce monetary asset with a long-term supply growth rate of 0%; therefore, digital credit buyers do not need to be extremely bullish on Bitcoin. They primarily need to believe that Bitcoin will not disappear and will roughly keep pace with U.S. dollar inflation. This appeals to a broader audience, and Joe Burnett notes that this may already be the current global consensus view on Bitcoin.Investors who are bearish on Bitcoin can also express their views by shorting Bitcoin or shorting Amplified Bitcoin.Currently, there are three clear ways to allocate capital: to be bullish on Bitcoin, one can hold Bitcoin and Amplified Bitcoin; to be neutral on Bitcoin, one can hold Digital Credit; and to be bearish on Bitcoin, one can short Bitcoin or Amplified Bitcoin. Every major capital allocator now has a Bitcoin-related instrument that aligns with their worldview, and this is how more than $1 trillion in global capital is beginning to flow into Bitcoin.
20:07
Svmuu News: BitcoinTreasuries.NET posted on X that Barclays, a bank with $2.3 trillion in assets under management, has initiated coverage of Strategy MSTR with a “Buy” rating and a price target of $130, classifying it in the same category as Visa and Mastercard. Wall Street no longer refers to MSTR as a “crypto proxy,” but rather as a “fintech” company.

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