1. U.S. June unadjusted CPI annual rate: 3.5%, vs. expectations of 3.8% and a previous reading of 4.20%;
2. Changxin Technology: Offering price set at 8.66 yuan per share; online and offline subscriptions to begin on July 16;
3. U.S. Treasury Secretary Bessent: Over $130 million in Iranian digital assets frozen;
4. The U.S. government emptied a wallet containing $565,400 worth of seized assets from Alameda Research and FTX;
5. U.S. CPI fell for the first time since 2020, easing pressure on the Fed to raise interest rates;
6. DeepSeek is moving forward with IPO preparations and plans to file its IPO application as early as the end of the year;
7. “Maji Dage” (Ethereum) has achieved a return on investment of over 100% on his long positions and has now increased his holdings to 10,000 ETH;
8. SK Hynix’s U.S. ADRs trade at a premium of over 30%, reflecting a valuation divergence between “Korean Hynix” and “Global Hynix”;
9. Data: Total trading volume for six 2x SK Hynix ETFs reached $80 million;
10. The Noxa X account appears to have been compromised; users are advised not to connect their wallets at this time.
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Svmuu Morning Brief
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