1. Ansem: This crypto cycle may see the largest retail participation in history; the infrastructure and narrative are already in place;
2. Coinbase CEO clarifies controversy: Will not endorse meme coins or projects, but supports Base’s long-term development;
3. Polymarket Reportedly Placed Approximately $200 Million in Bets Showing Signs of Potential Insider Trading Over the Past Six Months;
4. Dragonfly Partner: Meme Coin Trading Is Primarily Driven by Retail Investors and Should Not Exhibit the Weekend Trough Characteristics of Professional Trading Markets;
5. Strategy did not purchase any “Bitcoin” over the weekend; its USD reserves increased by $225 million;
6. Bitmine increased its ETH holdings by 7,430 last week; its staked Ethereums exceed 4.917 million;
7. Tom Lee responds to the slowdown in ETH purchases: Due to large-scale stock buybacks, the pace of purchases remains unchanged;
8. Strategy’s Bitcoin position is currently showing an unrealized loss of $9.05 billion, while Bitmine’s Ethereum position shows an unrealized loss of $8.643 billion;
9. A whale has “set 10 major targets” and is now bullish on Bitcoin while bearish on U.S. AI stocks;
10. South Korea’s credit card industry stablecoin joint testing will conclude at the end of July, with card companies shifting toward differentiated competition;
11. AI security startup Neo raises $100 million in funding, led by a16z and Bessemer Venture Partners;
12. AI infrastructure startup Infinity raises $15 million in funding, with participation from Touring Capital and others.
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Svmuu Morning Brief
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