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Market

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Non-custodial money market protocol

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Market is a decentralized money market protocol that provides instant liquidity and leverage on assets. Market aims to simplify the lending process for communities by separating the risk of each collateral type.

South Korean Stock Market Volatility Triggers "Reverse Capital Migration": Over 24 Trillion Korean Won Flows into Time Deposits at Five Major Banks

According to Korean media Daum, volatility in the South Korean stock market has recently intensified, investor risk appetite has clearly cooled, and funds are flowing back from the stock market to safe-haven assets such as banks. Due to adjustments in the semiconductor sector and stricter regulation on leveraged investment, idle funds in the South Korean stock market are withdrawing rapidly, and the market is exhibiting a phenomenon of "reverse capital migration". Data shows that as of the end of July, the time deposit balance at South Korea's five major banks (KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup) reached 973.49 trillion won, an increase of 24.09 trillion won from the end of the previous month, marking the largest single-month increase this year. Funds related to the stock market also showed significant contraction. According to data from the Korea Financial Investment Association, investor securities account deposits (idle funds for stock trading) reached a historical high of 139.69 trillion won on June 4, but as of July 28, had fallen to 107.20 trillion won, a decrease of over 32 trillion won in less than two months. The balance of credit transaction financing, representing the scale of market margin trading, fell to 33.19 trillion won during the same period, a decrease of about 4.5 trillion won from the peak of 37.72 trillion won set on July 2, a decline of approximately 12%.

Polymarket probability of "GRVT FDV above $350M one day after launch" drops to 6%, down 25% in 24 hours

PPP Prediction Market Tool monitoring shows that on Polymarket, the probability of "GRVT FDV above $350M one day after launch" has dropped to 6%, down 25% in the past 24 hours.This event will be settled on day 1 after the GRVT governance token goes live, based on whether its fully diluted valuation (FDV) is higher than the specified value in the title.If the FDV on day 1 after the GRVT token listing is higher than the specified value, the event settles as "Yes"; otherwise, it settles as "No".For the token listing, it must meet the conditions of being publicly transferable and tradeable. FDV will be calculated by multiplying the total token supply by the token price."Day 1 after listing" is defined as 16:00 (ET) on the next calendar day after the listing date. The settlement price will reference the most liquid price source.Previously reported, Binance Futures has listed the GRVTUSDT perpetual contract with up to 10x leverage.Join the PPP Signal Push Community to stay ahead and seize the opportunity.

Goldman Sachs Tests Market for Microsoft-Linked Data Centers, Plans to Issue $5.4 Billion Debt

According to Bloomberg, Goldman Sachs Group is gauging investor appetite for a potential $5.4 billion debt issuance plan, with the proceeds to be used to support the QTS data center project under Blackstone tied to Microsoft. The debt structure includes approximately $4.9 billion in secured bonds and approximately $500 million in term loans. Affected by recent sell-offs in AI-related debt, the issuance timing is still under discussion, and the plan remains uncertain.

BYD Responds to Market Concerns: Wang Chuanfu Personally Has Not Directly Invested in CXMT

According to National Business Daily, in response to market attention, BYD disclosed that all of the company's investments are direct investments by BYD Company Limited, without managing third-party funds or funds from any executives personally. Therefore, Wang Chuanfu personally did not directly invest in Changxin Technology. BYD Company Limited indirectly participated in Changxin Technology's Series A financing in December 2020 through an investment in Guangdong Efang Changda Venture Capital Partnership (Limited Partnership).

Grayscale: HYPE Still Undervalued, Forward P/E Ratio Approximately 15 to 18 Times

Grayscale stated HYPE's forward P/E ratio is approximately 15 to 18 times. Hyperliquid possesses real cash flow and can therefore be valued like a stock, but the valuation is based on earnings per token rather than earnings per share. Based on this, compared with fintech peers such as Coinbase, Robinhood, and Circle, HYPE still appears inexpensive. Market data shows that HYPE is currently trading at $55.32, down 1.5% in the past 24 hours.

TownSquare Sonar Public Sale Oversubscribed by 186%, Pre-Market Trading Demand Continues to Rise

According to official announcements, TownSquare's Sonar public sale with a $200 million valuation was completed at 9 PM Singapore time on Sunday night, ending with a 200% oversubscription. This represents the highest oversubscription performance for a Sonar public sale this year, excluding MegaETH. Due to the oversubscription, the public sale will be settled based on proportional rules and an order from small to large amounts.

Analyst: Bitcoin Chip Concentration Approaches Pre-FTX Collapse Levels, May See Final Bear Market Drop

Analyst Murphy stated that Bitcoin's current chip concentration is similar to that before the 2022 FTX collapse, and a highly concentrated chip structure could amplify price volatility. Jiang Zhuoer believes that if the CLARITY Act fails to pass before Congress adjourns, Bitcoin may witness the final drop of the bear market.

South Korean Stock Market Volatility Triggers "Reverse Capital Migration": Over 24 Trillion Korean Won Flows into Time Deposits at Five Major Banks

According to Korean media Daum, volatility in the South Korean stock market has recently intensified, investor risk appetite has clearly cooled, and funds are flowing back from the stock market to safe-haven assets such as banks. Due to adjustments in the semiconductor sector and stricter regulation on leveraged investment, idle funds in the South Korean stock market are withdrawing rapidly, and the market is exhibiting a phenomenon of "reverse capital migration". Data shows that as of the end of July, the time deposit balance at South Korea's five major banks (KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup) reached 973.49 trillion won, an increase of 24.09 trillion won from the end of the previous month, marking the largest single-month increase this year. Funds related to the stock market also showed significant contraction. According to data from the Korea Financial Investment Association, investor securities account deposits (idle funds for stock trading) reached a historical high of 139.69 trillion won on June 4, but as of July 28, had fallen to 107.20 trillion won, a decrease of over 32 trillion won in less than two months. The balance of credit transaction financing, representing the scale of market margin trading, fell to 33.19 trillion won during the same period, a decrease of about 4.5 trillion won from the peak of 37.72 trillion won set on July 2, a decline of approximately 12%.

Former US Congressman Settles with CFTC for $35,000 Over Prediction Market Manipulation

Odaily News: Former US Congressman George Santos has reached a settlement with the US Commodity Futures Trading Commission (CFTC). The CFTC stated that Santos engaged in manipulative trading behavior while trading a prediction contract on Kalshi regarding whether he would attend the State of the Union address in February 2026, profiting over $17,500 from the trades.According to the CFTC's Friday announcement, Santos is required to pay $35,000 as part of the settlement, but neither admitted nor denied the regulator's findings.The CFTC stated that in the two weeks leading up to the State of the Union address, Santos repeatedly made public comments about whether he would attend the event, causing significant fluctuations in the price of the event contract. For example, while holding a "Yes" position indicating he would attend, he posted on X asking what he should wear to the State of the Union. Within hours, the price of the Yes position rose, after which Santos closed his position for a profit.The CFTC also alleged that Santos subsequently continued to post updates about his travel to Washington, D.C., including flights and train rides, and profited by trading back and forth based on market reactions to his public statements. The CFTC stated that Santos's conduct was intentional, or at least reckless. He traded in an event contract whose underlying outcome he could influence, and affected the contract price through misleading public statements or omissions of information, thereby profiting from his trading positions.Santos's attorney, Joseph W. Murray, stated in Friday's announcement that the State of the Union contract was Santos's first foray into prediction market betting.

Tom Lee: South Korean Stock Market May Be in the Final Stage of Bottoming Out

Odaily News: Tom Lee posted on the X platform, stating that given the "panic" among policymakers, the South Korean stock market may be in the final stage of bottoming out. Tom Lee also cited Appaloosa fund manager David Tepper, who said: "When policymakers start to panic, the market stops panicking."

HTX DeepThink: Weakened Forward Guidance Fails to Soothe Market, Federal Reserve Credibility Becomes Core to Risk Asset Pricing

HTX DeepThink columnist and HTX Research analyst Chloe (@ChloeTalk1) pointed out in her analysis that global risk assets continued to come under pressure this week. Federal Reserve Chair Kevin Warsh attempted to weaken forward guidance (Forward Guidance) for the first time, hoping to make market prices a more direct economic feedback mechanism. However, the market did not interpret the rise in long-term interest rates as a natural tightening of financial conditions, but instead interpreted it as inflation risks resurfacing and a decline in Federal Reserve policy credibility. The 30-year US Treasury yield rose to 5.2%, the US dollar weakened, and US stocks retreated, reflecting that investors are beginning to demand higher risk premiums rather than betting on an improvement in economic fundamentals.

JPMorgan: Probability of Clarity Act Passing This Year Drops to 37%, Some Provisions May Inhibit Institutional Participation

According to The Block, the JPMorgan analyst team (led by Managing Director Nikolaos Panigirtzoglou) released a report on July 30 stating that the probability of the "Clarity Act" (Crypto Market Structure Act) passing in the US Senate within the year has dropped to a historic low. The Kalshi prediction market shows a passing probability of only 37%, while Polymarket is even lower at 26%. Analysts pointed out that disagreements on core issues such as ethical provisions, enforcement standards, stablecoin yields, decentralized finance, and illicit finance remain unresolved. Voting is expected to be difficult to complete before the Senate summer recess, and may be postponed until after senators return in mid-September.

Analyst: Bitcoin Chip Concentration Approaches Pre-FTX Collapse Levels, May See Final Bear Market Drop

Analyst Murphy stated that Bitcoin's current chip concentration is similar to that before the 2022 FTX collapse, and a highly concentrated chip structure could amplify price volatility. Jiang Zhuoer believes that if the CLARITY Act fails to pass before Congress adjourns, Bitcoin may witness the final drop of the bear market.

South Korean Stock Market Volatility Triggers "Reverse Capital Migration": Over 24 Trillion Korean Won Flows into Time Deposits at Five Major Banks

According to Korean media Daum, volatility in the South Korean stock market has recently intensified, investor risk appetite has clearly cooled, and funds are flowing back from the stock market to safe-haven assets such as banks. Due to adjustments in the semiconductor sector and stricter regulation on leveraged investment, idle funds in the South Korean stock market are withdrawing rapidly, and the market is exhibiting a phenomenon of "reverse capital migration". Data shows that as of the end of July, the time deposit balance at South Korea's five major banks (KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup) reached 973.49 trillion won, an increase of 24.09 trillion won from the end of the previous month, marking the largest single-month increase this year. Funds related to the stock market also showed significant contraction. According to data from the Korea Financial Investment Association, investor securities account deposits (idle funds for stock trading) reached a historical high of 139.69 trillion won on June 4, but as of July 28, had fallen to 107.20 trillion won, a decrease of over 32 trillion won in less than two months. The balance of credit transaction financing, representing the scale of market margin trading, fell to 33.19 trillion won during the same period, a decrease of about 4.5 trillion won from the peak of 37.72 trillion won set on July 2, a decline of approximately 12%.

Analyst: Bitcoin Short-Term Holder Share Drops to Phase Low, Long-Term Holders Dominate Market Structure

CryptoQuant analyst Axel Adler Jr stated that data shows Bitcoin is shifting from short-term speculators to long-term holders. The share of Short-Term Holders (STH) has dropped to 23%, the lowest level since the bottoming phase from 2022 to 2023; meanwhile, the share of Long-Term Holders (LTH) is approaching historical highs.

JPMorgan: Probability of Clarity Act Passing This Year Drops to 37%, Some Provisions May Inhibit Institutional Participation

According to The Block, the JPMorgan analyst team (led by Managing Director Nikolaos Panigirtzoglou) released a report on July 30 stating that the probability of the "Clarity Act" (Crypto Market Structure Act) passing in the US Senate within the year has dropped to a historic low. The Kalshi prediction market shows a passing probability of only 37%, while Polymarket is even lower at 26%. Analysts pointed out that disagreements on core issues such as ethical provisions, enforcement standards, stablecoin yields, decentralized finance, and illicit finance remain unresolved. Voting is expected to be difficult to complete before the Senate summer recess, and may be postponed until after senators return in mid-September.

JPMorgan: Probability of Clarity Act Passing Within the Year Decreases, Potentially Undermining Crypto Market Prospects

analysts at JPMorgan stated that the probability of the U.S. crypto market structure bill, the Clarity Act, passing the Senate by the end of this year has decreased, posing a headwind for the cryptocurrency market. Analysts pointed out that prediction markets show the likelihood of the bill passing this year has dropped to its lowest point of the year, with Kalshi at 37% and Polymarket at 26%.JPMorgan noted that the Senate prioritized other legislative matters before the summer recess. Additionally, unresolved issues such as ethical clauses, enforcement authority, stablecoin yields, DeFi, and illicit finance have made the bill's advancement prospects more uncertain. The bank had previously viewed the Clarity Act as a potential positive catalyst for the crypto market, as it would establish a clearer regulatory framework for the digital asset industry: digital commodities would be regulated by the CFTC, while digital securities would continue to fall under the SEC's jurisdiction.Analysts believe that if the bill is ultimately passed, it would help develop more institutionalized market infrastructure, ease regulatory restrictions on DeFi and stablecoin issuers, boost domestic liquidity and trading volumes in the U.S., and lower the barriers to entry for brokerages, exchanges, market makers, custodians, and bank-related platforms seeking to participate in the crypto industry.

Bloomberg ETF Analyst: Bonds Fail to Hedge Stock Declines Again, Money Market Funds and Buffer ETFs See Inflows Increase

Bloomberg ETF analyst Eric Balchunas posted on X, stating that bonds have once again failed to hedge against stock declines. Since SPY retreated from its June highs, AGG, TLT, and LQD have all fallen. Although the time window is relatively short, it somewhat resembles the situation in 2022. He noted that many people have long relied on the 40% bond portion of the 40/60 portfolio to hedge against the 60% equity portion, which is also the reason behind the significant inflows into money market mutual funds and buffer ETFs.He further stated that this is not to say bonds will never hedge against stocks in the end, but their recent track record is less than ideal. The Fed's long-term rate cuts once pushed both bonds and stocks higher simultaneously. In 2022, when rates were unexpectedly hiked, both fell in tandem. Recently, rising crude oil prices have fueled inflation concerns, leading to a similar scenario once again.

Senator Lummis' X Account Hacked, Fake Solana Meme Coin Scam Deleted Within Five Minutes

According to BeInCrypto, the official verified X account of U.S. Senator Cynthia Lummis was hacked on July 29. The account briefly posted a fake Solana Meme coin promotion post named $USA Token, featuring a pump.fun minting link. The post was deleted within approximately five minutes, accumulating around 5,600 views and 37 replies during that period. Crypto community users quickly issued warnings, and there are currently no records of financial losses. Lummis's office had not released any statement as of press time. The timing of this incident is sensitive, coinciding with the stalemate of the "Digital Asset Market Transparency Act" (CLARITY Act) championed by Lummis in Congress.

Polymarket's "US-Iran ceasefire before July 24" probability drops to 36%, down 15% in 24 hours

The PPP Prediction Market Tool shows that the probability of a "ceasefire between the US and Iran before July 24" on Polymarket has dropped to 36%, down 15% in 24 hours.This event will settle as "Yes" if the US does not take any military actions that meet the defined criteria against Iran for 14 consecutive days before the specified deadline; otherwise, it will settle as "No."Qualifying military actions include only US-initiated airstrikes or surface-to-surface missile attacks that directly strike Iranian territory, including bombs, air-to-surface missiles, air-launched drones, cruise missiles, and ballistic missiles. Excluded actions include intercepted or destroyed munitions, surface-to-air missiles, small-scale skirmishes, ground operations, cyberattacks, naval shelling, artillery attacks, and unexecuted threats or authorized actions.If there is a dispute regarding the occurrence, attribution, or timing of relevant military actions, the event will await consensus from official information and credible media before being adjudicated. If disagreements persist after three full calendar days, a comprehensive judgment will be made based on all available information at that time. The settlement basis includes official information from the US and Iranian governments and militaries, as well as reports from credible media outlets.Join the PPP Signal Push Community to stay ahead and seize the opportunity.

Polymarket probability of "effective ceasefire between the US and Iran before July 31" rises to 59%, up 19% in a single day

The PPP Prediction Market Tool monitoring shows that the probability of "effective ceasefire between the US and Iran before July 31" on Polymarket has risen to 59%, up 19% in a single day.This event will settle as "Yes" if the US takes no qualifying military action against Iran for 14 consecutive days before the specified deadline; otherwise, it will settle as "No."Qualifying military actions include only US-initiated airstrikes or surface-to-surface missile attacks that directly strike Iranian territory, including bombs, air-to-surface missiles, air-launched drones, cruise missiles, and ballistic missiles.Actions not counted include intercepted or destroyed munitions, surface-to-air missiles, small-scale skirmishes, ground operations, cyber attacks, naval shelling, artillery attacks, and unexecuted threats or authorized actions.If there is a dispute regarding the occurrence, attribution, or timing of a military action, the event will await a consensus formed by official information and credible media before being adjudicated. If differences persist after three full calendar days, a comprehensive judgment will be made based on all available information at that time.Settlement will be based on official information from the US and Iranian governments and military, as well as credible media reports.Join the PPP Signal Push Community to stay ahead and seize the opportunity.

Polymarket launches "When will the US and Iran achieve a two-week ceasefire"

PPP Prediction Market Tool monitoring shows that Polymarket has launched a market for "When will the US and Iran achieve a two-week ceasefire." Currently, the probability for July 18 stands at 5%; for July 24, it is 15%; for July 31, it is 23%; for August 14, it is 43%; and for August 31, it is 54%.The settlement rules for this event are as follows: If the US takes no military action against Iran between the market creation and 11:59 PM on the specified end date, this market will be settled as "Yes." Otherwise, the market will be settled as "No." The first day of this 14-day period will be the calendar date (Eastern Time) of the most recent qualifying military action that occurs. This period lasts until 12:00 PM Eastern Time on the 14th day. If the most recent qualifying military action during this period occurs on or before the specified end date, the market will be considered "Yes."So-called "qualifying military actions" refer to airstrikes or surface-to-surface missile strikes initiated by the US directly targeting Iran. Airstrikes may include the use of bombs, air-to-surface missiles, and aerial drones launched from the air. Surface-to-surface missile strikes include one-way attack drones and surface-to-surface missiles such as cruise missiles or ballistic missiles.Qualifying military actions include: munitions that are destroyed or intercepted before impact; surface-to-air missile strikes; small arms fire; ground invasions; cyber operations; naval gunfire and artillery; howitzer, cannon, mortar, and rocket artillery (e.g., Multiple Launch Rocket Systems); small-scale surface-to-surface strikes, including short-range cruise missiles, close-air support drones, and anti-tank missile attacks; any threats, authorizations, or declarations of force that have not yet been acted upon.Join the PPP Signal Push Community to stay ahead and seize the opportunity.

Multicoin Capital Partner Claims Crypto Market Has Bottomed, Remains Bullish on SOL, Hyperliquid, and ZEC

: Tushar Jain, Managing Partner of Multicoin Capital, stated that the crypto market has bottomed out and entered a turning point. Market sentiment has truly hit rock bottom, recent major hacking incidents and other news have not triggered large-scale sell-offs, application adoption rates continue to rise, and there is a decoupling between price and fundamentals. He maintains a long-term bullish outlook on Solana, believing SOL represents the correct architecture for spot trading and tokenized securities. Simultaneously, he is bullish on Hyperliquid's leading position in the derivatives space and currently holds significant positions in both.Regarding ZEC, he stated that Multicoin has accumulated a considerable proportion of its supply and believes it represents the industry's return to "cypherpunk" values, with the potential to enter the top five by market cap. In terms of position management, he adopts a "three-way split" strategy: immediately buying the first third, dollar-cost averaging the second third, and reserving the final third as flexible capital to cope with significant market downturns. During the Zcash code vulnerability incident, after the team observed and confirmed no hacker exploitation, they significantly increased their positions.

Polymarket: "WTI crude oil will rise to $80 by July 2026" probability reaches 47%, up 28% in 24 hours

According to PPP Prediction Market Tool monitoring, the probability of "WTI crude oil rising to $80 by July 2026" on Polymarket has reached 47%, up 28% in 24 hours.Trump stated today that he may launch a large-scale attack on Iran. As the 60-day ceasefire agreement between the US and Iran becomes precarious, oil tanker traffic through the Strait of Hormuz has "basically come to a standstill." Kpler senior oil analyst Navin Das stated that since the US and Iran reached a 60-day ceasefire agreement on June 17, the average daily number of tankers passing through has been approximately 32. This figure is nearly three times the average daily traffic between the outbreak of the conflict (February) and the signing of the agreement on June 17, though still far below pre-war levels.Join the PPP Signal Push Community to stay ahead and seize the opportunity.

Former US Congressman Settles with CFTC for $35,000 Over Prediction Market Manipulation

Odaily News: Former US Congressman George Santos has reached a settlement with the US Commodity Futures Trading Commission (CFTC). The CFTC stated that Santos engaged in manipulative trading behavior while trading a prediction contract on Kalshi regarding whether he would attend the State of the Union address in February 2026, profiting over $17,500 from the trades.According to the CFTC's Friday announcement, Santos is required to pay $35,000 as part of the settlement, but neither admitted nor denied the regulator's findings.The CFTC stated that in the two weeks leading up to the State of the Union address, Santos repeatedly made public comments about whether he would attend the event, causing significant fluctuations in the price of the event contract. For example, while holding a "Yes" position indicating he would attend, he posted on X asking what he should wear to the State of the Union. Within hours, the price of the Yes position rose, after which Santos closed his position for a profit.The CFTC also alleged that Santos subsequently continued to post updates about his travel to Washington, D.C., including flights and train rides, and profited by trading back and forth based on market reactions to his public statements. The CFTC stated that Santos's conduct was intentional, or at least reckless. He traded in an event contract whose underlying outcome he could influence, and affected the contract price through misleading public statements or omissions of information, thereby profiting from his trading positions.Santos's attorney, Joseph W. Murray, stated in Friday's announcement that the State of the Union contract was Santos's first foray into prediction market betting.

Polymarket probability of "GRVT FDV above $350M one day after launch" drops to 6%, down 25% in 24 hours

PPP Prediction Market Tool monitoring shows that on Polymarket, the probability of "GRVT FDV above $350M one day after launch" has dropped to 6%, down 25% in the past 24 hours.This event will be settled on day 1 after the GRVT governance token goes live, based on whether its fully diluted valuation (FDV) is higher than the specified value in the title.If the FDV on day 1 after the GRVT token listing is higher than the specified value, the event settles as "Yes"; otherwise, it settles as "No".For the token listing, it must meet the conditions of being publicly transferable and tradeable. FDV will be calculated by multiplying the total token supply by the token price."Day 1 after listing" is defined as 16:00 (ET) on the next calendar day after the listing date. The settlement price will reference the most liquid price source.Previously reported, Binance Futures has listed the GRVTUSDT perpetual contract with up to 10x leverage.Join the PPP Signal Push Community to stay ahead and seize the opportunity.

Bitget US Stock Options Now Support Pre-Market Trading, Covering 45 Popular Underlyings in Initial Batch

Odaily News According to official announcements, to enhance user trading flexibility, Bitget US stock options now support pre-market trading, allowing users to adjust positions and manage risks earlier after earnings reports or unexpected events. The initial batch covers 45 underlyings, including popular US stocks and ETFs such as SPY, QQQ, NVDA, and AAPL. The options pre-market trading session aligns with the stock pre-market session, running from 4:00 AM to 9:30 AM Eastern Time, Monday through Friday.

QCP: Market Stabilizes After Hawkish Fed Decision, Short-Term Digital Asset Resilience Remains to Be Confirmed

QCP Capital stated that the Federal Reserve kept interest rates unchanged at 3.50%-3.75%, but as three committee members supported a rate hike and Chairman Warsh downplayed explicit forward guidance, the overall stance was hawkish. The market briefly reassessed the interest rate path; U.S. stocks fell after the rate decision was announced, then rebounded driven by corporate earnings, with Microsoft leading the gains; Bitcoin also briefly weakened around the meeting, before stabilizing near $64,000.

JPMorgan: Probability of Clarity Act Passing This Year Drops to 37%, Some Provisions May Inhibit Institutional Participation

According to The Block, the JPMorgan analyst team (led by Managing Director Nikolaos Panigirtzoglou) released a report on July 30 stating that the probability of the "Clarity Act" (Crypto Market Structure Act) passing in the US Senate within the year has dropped to a historic low. The Kalshi prediction market shows a passing probability of only 37%, while Polymarket is even lower at 26%. Analysts pointed out that disagreements on core issues such as ethical provisions, enforcement standards, stablecoin yields, decentralized finance, and illicit finance remain unresolved. Voting is expected to be difficult to complete before the Senate summer recess, and may be postponed until after senators return in mid-September.

Goldman Sachs Tests Market for Microsoft-Linked Data Centers, Plans to Issue $5.4 Billion Debt

According to Bloomberg, Goldman Sachs Group is gauging investor appetite for a potential $5.4 billion debt issuance plan, with the proceeds to be used to support the QTS data center project under Blackstone tied to Microsoft. The debt structure includes approximately $4.9 billion in secured bonds and approximately $500 million in term loans. Affected by recent sell-offs in AI-related debt, the issuance timing is still under discussion, and the plan remains uncertain.

Related news

Analyst: Bitcoin Chip Concentration Approaches Pre-FTX Collapse Levels, May See Final Bear Market Drop

Analyst Murphy stated that Bitcoin's current chip concentration is similar to that before the 2022 FTX collapse, and a highly concentrated chip structure could amplify price volatility. Jiang Zhuoer believes that if the CLARITY Act fails to pass before Congress adjourns, Bitcoin may witness the final drop of the bear market.

South Korean Stock Market Volatility Triggers "Reverse Capital Migration": Over 24 Trillion Korean Won Flows into Time Deposits at Five Major Banks

According to Korean media Daum, volatility in the South Korean stock market has recently intensified, investor risk appetite has clearly cooled, and funds are flowing back from the stock market to safe-haven assets such as banks. Due to adjustments in the semiconductor sector and stricter regulation on leveraged investment, idle funds in the South Korean stock market are withdrawing rapidly, and the market is exhibiting a phenomenon of "reverse capital migration". Data shows that as of the end of July, the time deposit balance at South Korea's five major banks (KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup) reached 973.49 trillion won, an increase of 24.09 trillion won from the end of the previous month, marking the largest single-month increase this year. Funds related to the stock market also showed significant contraction. According to data from the Korea Financial Investment Association, investor securities account deposits (idle funds for stock trading) reached a historical high of 139.69 trillion won on June 4, but as of July 28, had fallen to 107.20 trillion won, a decrease of over 32 trillion won in less than two months. The balance of credit transaction financing, representing the scale of market margin trading, fell to 33.19 trillion won during the same period, a decrease of about 4.5 trillion won from the peak of 37.72 trillion won set on July 2, a decline of approximately 12%.

Former US Congressman Settles with CFTC for $35,000 Over Prediction Market Manipulation

Odaily News: Former US Congressman George Santos has reached a settlement with the US Commodity Futures Trading Commission (CFTC). The CFTC stated that Santos engaged in manipulative trading behavior while trading a prediction contract on Kalshi regarding whether he would attend the State of the Union address in February 2026, profiting over $17,500 from the trades.According to the CFTC's Friday announcement, Santos is required to pay $35,000 as part of the settlement, but neither admitted nor denied the regulator's findings.The CFTC stated that in the two weeks leading up to the State of the Union address, Santos repeatedly made public comments about whether he would attend the event, causing significant fluctuations in the price of the event contract. For example, while holding a "Yes" position indicating he would attend, he posted on X asking what he should wear to the State of the Union. Within hours, the price of the Yes position rose, after which Santos closed his position for a profit.The CFTC also alleged that Santos subsequently continued to post updates about his travel to Washington, D.C., including flights and train rides, and profited by trading back and forth based on market reactions to his public statements. The CFTC stated that Santos's conduct was intentional, or at least reckless. He traded in an event contract whose underlying outcome he could influence, and affected the contract price through misleading public statements or omissions of information, thereby profiting from his trading positions.Santos's attorney, Joseph W. Murray, stated in Friday's announcement that the State of the Union contract was Santos's first foray into prediction market betting.

Tom Lee: South Korean Stock Market May Be in the Final Stage of Bottoming Out

Odaily News: Tom Lee posted on the X platform, stating that given the "panic" among policymakers, the South Korean stock market may be in the final stage of bottoming out. Tom Lee also cited Appaloosa fund manager David Tepper, who said: "When policymakers start to panic, the market stops panicking."

Polymarket probability of "GRVT FDV above $350M one day after launch" drops to 6%, down 25% in 24 hours

PPP Prediction Market Tool monitoring shows that on Polymarket, the probability of "GRVT FDV above $350M one day after launch" has dropped to 6%, down 25% in the past 24 hours.This event will be settled on day 1 after the GRVT governance token goes live, based on whether its fully diluted valuation (FDV) is higher than the specified value in the title.If the FDV on day 1 after the GRVT token listing is higher than the specified value, the event settles as "Yes"; otherwise, it settles as "No".For the token listing, it must meet the conditions of being publicly transferable and tradeable. FDV will be calculated by multiplying the total token supply by the token price."Day 1 after listing" is defined as 16:00 (ET) on the next calendar day after the listing date. The settlement price will reference the most liquid price source.Previously reported, Binance Futures has listed the GRVTUSDT perpetual contract with up to 10x leverage.Join the PPP Signal Push Community to stay ahead and seize the opportunity.

Bitget US Stock Options Now Support Pre-Market Trading, Covering 45 Popular Underlyings in Initial Batch

Odaily News According to official announcements, to enhance user trading flexibility, Bitget US stock options now support pre-market trading, allowing users to adjust positions and manage risks earlier after earnings reports or unexpected events. The initial batch covers 45 underlyings, including popular US stocks and ETFs such as SPY, QQQ, NVDA, and AAPL. The options pre-market trading session aligns with the stock pre-market session, running from 4:00 AM to 9:30 AM Eastern Time, Monday through Friday.