1. South Korea’s KOSPI index has risen nearly 10% over two days; institutions report that approximately 75% of deleveraging in leveraged ETFs has been completed;
2. Investor perspective: If the CLARITY Act passes, Lighter, as a U.S. company, will be the biggest beneficiary;
3. U.S. lawmakers are calling on the SEC to investigate Truth API, citing alleged violations of federal securities laws;
4. Democratic Senator Angela Alsobrooks opposes the details of the ethics provisions in the White House’s proposed Clarity Act;
5. Samsung plans to invest 200 billion won in South Korea to build an HVAC factory;
6. Bernstein: Robinhood’s Q2 market revenue is expected to exceed cryptocurrency revenue; raises price target to $160;
7. OpenAI CEO Altman will brief U.S. officials on the next-generation AI model next week;
8. With unrealized gains of approximately $1.1425 million, a whale still holds approximately $14.6381 million in long positions in Micron;
9. Only 7.1% remain profitable; most tokens launched since the start of 2024 with a market cap exceeding $100 million have fallen below their TGE prices.