News linked to both this project and an event.
According to CoinDesk, informed sources revealed that the latest consolidated draft of the U.S. "Digital Asset Market Transparency Act" (Clarity Act) may be released as early as next week, and the Senate is expected to advance deliberations during the week of July 20. The consolidated draft was jointly negotiated by the Senate Banking Committee and the Agriculture Committee, adding over 70 pages of content and strengthening consumer protection provisions. However, the bill still faces multiple obstacles: Democrats insist on restricting business ties between senior government officials (including the President) and the crypto industry, and the parties have not yet reached a compromise on this ethics provision; additionally, issues such as federal preemption and SEC and CFTC commissioner nominations remain unresolved, and the White House has not participated in the latest negotiations. For the bill to pass in the Senate, it must reach the 60-vote threshold, and the time window is extremely limited—with only about four weeks of agenda remaining for the Senate in July and early August, and continued infighting among House Republicans further increases legislative uncertainty.
According to the Federal Reserve's official website, Federal Reserve Chair Kevin Warsh announced on July 9 the establishment of five monetary policy task forces, led jointly by external economists, business leaders, and former central bank officials, operating independently and providing research results to the Federal Open Market Committee (FOMC). The research directions of the five task forces are as follows: • Communication Mechanism: Led by former Governor of the Bank of England Mervyn King and others • Balance Sheet Policy: Led by Harvard University Professor Karen Dynan, University of Chicago Professor Raghuram Rajan, and others • Quality of Economic Data: Led by Harvard University Professor Raj Chetty, former Walmart CEO Doug McMillon, and others • Productivity and Employment: Led by a16z Co-founder Marc Andreessen, Microsoft Xbox CEO Asha Sharma, and others • Inflation Framework: Led by Harvard University Professor and former Chairman of the Council of Economic Advisers Greg Mankiw, Nobel Laureate in Economics Thomas Sargent, and others Warsh stated that the Federal Reserve's commitment to price stability and maximum employment is unwavering, and these task forces aim to evaluate and optimize policy tools and analytical methods to address the current important economic situation.
Odaily News: U.S. Senator Ron Wyden has sent a letter to Senate Majority Leader John Thune and Senate Minority Leader Chuck Schumer, urging that any version of the "Digital Asset Market Clarity Act" considered by the Senate retain Section 604 to protect non-custodial blockchain developers who do not control user assets. Ron Wyden stated that developers should not be considered money transmitters simply because they create or publish software that allows users to manage their own digital assets. Coin Center Executive Director Peter Van Valkenburgh, the DeFi Education Fund, and Galaxy Digital Head of Research Alex Thorn have expressed support for this stance. Alex Thorn also noted that supporting developer protections does not mean Ron Wyden will endorse the entire CLARITY Act. Ron Wyden further stated that the provision does not protect developers involved in illegal activities and can direct law enforcement resources toward criminals and unlicensed money transmission businesses, rather than neutral software developers. (Bitcoin.com News).
: Federal Reserve Chairman Kevin Warsh has formed five working groups to conduct a comprehensive review of the Fed's monetary policy operational mechanism, covering areas such as balance sheet management, policy tools, and the impact of AI. Each working group will operate independently, conduct fact-based research, and submit analysis results to the Federal Open Market Committee. The team members include multiple economists and former central bank officials. Among them, Harvard University economist Raj Chetty will co-lead the data working group, tech investor Marc Andreessen will be responsible for the productivity and employment working group, and former White House Council of Economic Advisers Chairman Greg Mankiw will co-lead the inflation working group.
crypto venture capital fund Pantera Capital stated in a post that Hyperliquid's total addressable market is approximately $10 trillion in daily notional trading volume, including around $200 billion in 0DTE options and leveraged ETF trading, approximately $2 trillion in commodity derivatives trading, and around $8 trillion in foreign exchange derivatives trading.Pantera indicated that if Hyperliquid can consistently capture a low-single-digit percentage share of the aforementioned markets, its revenue potential could reach five times current levels. According to estimates, if the HIP-3 market achieves an annualized notional trading volume of $3.65 quadrillion and captures a 1% market share, under the assumptions of a combined fee rate of 2 basis points and Hyperliquid's economic split of 50%, the platform's revenue could reach approximately $3.7 billion.However, Pantera pointed out that regulation remains the biggest risk for Hyperliquid. Perpetual contracts are currently not fully open in the United States, and if the US promotes the legalization of related products in the future and introduces regulated platforms, Hyperliquid could face more intense competition, with some US user trading volume potentially shifting to compliant trading venues. Pantera believes Hyperliquid could also launch a regulated version targeting the US market in the future.
Google has updated its Chrome Web Store developer policy, explicitly listing Prediction Markets as a prohibited product. According to the new regulations, any Chrome extension that promotes or supports real-money transactions based on predicted outcomes is not allowed for publication on the Chrome Web Store. This update also strengthens requirements for transparency in user data collection and privacy protection. The new policy will officially take effect on August 1, 2026.
According to the official announcement by Bitcoin Suisse AG, its Middle East subsidiary BTCS (Middle East) Ltd. has obtained the Financial Services Permission (FSP) issued by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), authorizing it to provide regulated digital asset financial services to qualified clients, covering services such as institutional-grade custody, spot trading, and derivatives hedging. With this, Bitcoin Suisse now holds compliant licenses in four jurisdictions: Switzerland, Bermuda, the European Economic Area (MiCAR), and Abu Dhabi, further advancing its global crypto wealth management strategic layout. Ceyda Majcen will serve as the Chief Executive Officer for the Middle East region.
According to PRNewswire, Bitcoin mining company Canaan Inc. announced that its American Depositary Shares (ADS) have officially transferred from the Nasdaq Global Market to the Nasdaq Capital Market. The stock ticker CAN remains unchanged, and the transfer will not affect its normal trading.
the Bank of Korea has disclosed in a written document submitted to the National Assembly that the rapid expansion of single-stock leveraged ETFs targeting Samsung Electronics and SK Hynix may be amplifying structural "herding" and volatility risks in the Korean stock market. The combined market capitalization and trading volume share of these two companies in the Korean stock market have risen sharply, with the market cap share increasing from approximately 36.1% at the end of last year to over 55% recently, and the trading volume share jumping from 27.9% to 63.5%.South Korea's financial regulatory authorities have also expressed similar concerns, emphasizing the need for continuous monitoring of the potential impact of these products on market stability and systemic risk. Under changing market sentiment, single-stock leveraged ETFs may exacerbate unidirectional capital flows. If market trends reverse, combined with intraday rebalancing and derivative hedging mechanisms, this could further amplify price volatility. (Etoday)
Odaily, July 5th - The cryptocurrency market continued its stabilization trend, with Bitcoin rising nearly 7% in the week ending July 5th, recording its strongest weekly performance since March. This rally was primarily fueled by declining inflation expectations. The breakeven inflation rate, a measure of market inflation expectations, has dropped notably recently. The two-year indicator has fallen below 2%, approaching the Federal Reserve's inflation target level, while long-term inflation expectations have also weakened. Meanwhile, WTI crude oil prices have fallen in tandem with inflation expectations, returning to levels close to those seen before the geopolitical conflicts in February, prompting the market to reassess inflation pressures, interest rate cut expectations, and the dollar's trajectory.Some analysts suggest that if the US Dollar Index (DXY) weakens, it could further lower resistance for Bitcoin’s upward movement, as the two typically exhibit a negative correlation. However, other viewpoints caution that services inflation remains sticky, and falling oil prices do not necessarily imply a reversal of the overall inflation trend. Monetary policy may continue to maintain a "higher for longer" stance.The next key milestone for the market is the US June CPI data due on July 14th, which could serve as a crucial catalyst for determining the inflation path and the direction of risk assets. (CoinDesk)
Sberbank, Russia's largest bank, plans to launch a cryptocurrency wallet and digital custody services, with the earliest launch expected in December. The services will be integrated into the "Sberbank Online" and "SberInvestments" platforms, pending the official implementation of Russia's forthcoming "Digital Currency and Digital Rights Law" in September.The bill is expected to establish a licensing framework for transactions, custody, fiat exchange, and cross-border settlements involving crypto assets, while also allowing eligible investors to participate in trading within set limits.Sberbank stated that users will be able to access authorized crypto assets directly within the bank's application, and a digital asset custody system will also be launched for token storage and ledger management.Against the backdrop of advancing regulations, financial institutions including the Moscow Exchange and VTB are also accelerating their deployment in digital asset-related businesses, as Russia's financial system gradually opens up to the compliant crypto market. (CoinDesk)
According to CoinDesk, the U.S. Crypto Market Structure Bill Clarity Act failed to be signed within the previously expected timeframe. As Congress approaches its summer recess, pressure is mounting for the bill to be enacted within 2026. However, several observers following the legislative process remain cautiously optimistic about its passage within the year, believing that current key coordination efforts are still ongoing, including the consolidation of content between the Senate Agriculture Committee and Banking Committee versions.
White House advisor Patrick Witt stated in May that he hoped the Clarity Act would be signed into law on July 4th, but the bill did not meet this deadline. CoinDesk reports that the biggest risk now actually comes from the House of Representatives. Recently, the U.S. House of Representatives has faced resistance in advancing multiple agendas, including important bills like the budget proposal. Market concerns are growing that declining legislative efficiency could further slow down the progress of the CLARITY Act.Additionally, the market believes that August 7th (the last working day before the Senate's summer recess) will become an important time window for advancing the bill. (CoinDesk).
The PPP Prediction Market tool monitors that Polymarket has listed a new event: "Will the US government revoke public access to another major AI model?" The current probability is reported at 33%.The settlement rules state: If the US federal government, by the end of 2026, passes relevant legislation, issues an executive order, implements export controls, or takes any other action that substantially restricts US public access to a major AI model, the market outcome will be "Yes." Otherwise, the outcome will be "No." A "qualifying action" refers to a formal measure taken by the US government, the effect of which is equivalent to completely prohibiting the public from accessing a specific AI model within the United States. Furthermore, the settlement rules emphasize that regardless of the action's true purpose or nominal goal; if the action effectively results in the public being unable to access the model within the US—for example, prohibiting the model from being provided to foreign citizens or governments, as long as the general public cannot access the model through conventional channels within the US—it meets the qualification requirements. Merely excluding access to the model from a single channel is insufficient. Removals of public access that are not caused by any formal action of the US government are not eligible."Mainstream AI model" refers to the flagship, general-purpose large language model or multimodal foundation model developed by one of the following companies: OpenAI, Anthropic, Google (including Google DeepMind), Meta, xAI, Microsoft, Amazon, Mistral AI, DeepSeek, Alibaba, ByteDance, Moonshot AI, and Zhipu AI (Z.ai). Models designed for specific tasks, or those that are outdated, used solely for research or preview purposes, do not meet this criterion.The action can target a single model or a group of models, as long as at least one major AI model becomes inaccessible to the public within the US as a result. A temporary suspension of public access to a model meets this condition. However, if an action has been implemented or a related resolution has been issued, but the public can still access the model before the resolution takes effect, that action does not meet the condition.The information sources for this market are official announcements and information from the US government and the relevant AI companies. However, reliable media reports may also be referenced to form a consensus.The Odaily Seer Channel continues to monitor prediction markets, observing changes before prices are set.
"White Hair Stock God" Serenity stated that when he first used ChatGPT in 2023, he believed large language models "performed poorly" in programming capabilities. However, three years later, the related technology has undergone a qualitative transformation. Modern cybersecurity and AI systems, represented by Mythos, now possess "weapon-level" capabilities. He believes the industry is currently entering a critical "inflection point," where humanoid robots and automation technologies are approaching the tipping point for large-scale replacement of human labor.Serenity noted that although outsiders often question whether humanoid robots can currently perform complex tasks such as pipe repair or electrical wiring, the direction of technological evolution is already very clear, with continued breakthroughs expected in the coming years. Market participants, including VCs and large tech companies, have begun adjusting their strategies. Some companies have internal plans to replace a significant amount of human labor with robots to reduce operational costs, referencing previous rumors about Amazon reducing hundreds of thousands of job openings through robotics.Serenity believes that highly regulated industries such as healthcare, ultra-high-skill professional positions, and service sectors relying on human emotional connections may still retain some resistance to substitution. However, the overall trend still points towards a "restructuring of labor." As competition between China and the U.S. intensifies in cutting-edge technology fields, humanoid robots and automation may enter a stage of national-level technological competition. He believes China already holds a leading position in certain areas.
Nick Timiraos, known as the "Fed Whisperer," posted on the X platform: Trump stated that he believes Fed Chair Warsh leans dovish within the Federal Open Market Committee (FOMC). This came a day after similar remarks from White House National Economic Council Director Hassett, and a week after Treasury Secretary Bessent expressed hope that the Fed would maintain an "open attitude" toward inflation and predicted the Fed would ease policy this year. A new era of "forward guidance"...
According to JPMorgan analysts, Michael Saylor’s Strategy recently officially launched a Bitcoin sale policy, transforming the company from a pure BTC buyer into a potential seller, introducing an “avoidable two-way risk” to the crypto market.Strategy’s Bitcoin sale policy, named the BTC Monetization Program, allows the company to sell Bitcoin to raise up to $1.25 billion in cash reserves. These funds will be used to pay preferred stock dividends and interest expenses, or to repurchase preferred and common shares, in order to optimize its capital structure.JPMorgan believes that Strategy’s potential future sale of BTC will increase market uncertainty and volatility regarding the price of Bitcoin. Analysts stated that if the company had instead supplemented its future dividend payment reserves by issuing equity, this risk could have been avoided.Strategy currently has a minimum cash reserve target covering 12 months of preferred stock dividends and interest expenses, with its current cash reserves of $2.55 billion sufficient to cover approximately 17 months of dividends. JPMorgan believes the company should increase its cash reserves to cover 24 to 36 months of related obligations. Even if this results in the common stock trading at a discount to net asset value, it would provide greater assurance to investors that the company will not be forced to sell Bitcoin in the short term.
Binance co-founder He Yi announced in a post that Binance has officially entered the Philippine market. Meanwhile, the document she shared indicated that the Securities and Exchange Commission of the Philippines has finally approved BlockShoals Technologies to launch testing of financial products and services under its regulatory "Strategic Sandbox" framework. Previously, BlockShoals had completed the remaining compliance matters required by the regulatory authority, and its sandbox application received preliminary approval on November 12, 2025.
Yooldo posted on X platform, issuing an official statement regarding the significant price drop of the ESPORTS token on May 25th. The incident was not initiated, led, or intentionally caused by the ESPORTS team, which remains committed to building a healthy ecosystem and creating long-term value for the community.The key findings of the investigation are as follows: The ESPORTS team had previously onboarded external OTC and market-making partners to support liquidity and ecosystem development; the investigation found that one of these partners engaged in activities inconsistent with the team's agreed terms; based on available information, the team believes a large portion of the sell-off activity originated from tokens previously provided to this partner. However, due to the flow of transactions through multiple wallets, counterparties, and exchanges, tracing the complete fund flow is difficult; the ESPORTS team did not execute, coordinate, or instruct any market sell-offs intended to cause the price decline. Upon discovering the issue, the team cooperated with exchanges and relevant parties to investigate the incident and limit further damage; the team has begun implementing recovery measures, including liquidity support and onboarding new long-term partners, but still faces challenges from ongoing selling pressure by the market maker and related market activities.Yooldo also stated that new game updates and an additional buyback plan will be announced soon, and advised all project founders to only work with reputable and trustworthy market makers.
According to CoinDesk, Wall Street bank Cantor Fitzgerald issued a research report indicating that the crypto market is entering the final phase of the current bear cycle. As of June 10, Bitcoin has declined approximately 51% from its 2025 peak, with 252 days having passed since the peak. Synthesizing the past three market cycles, BTC bottoms on average 384 days after the peak; based on this, the low point of this cycle is projected to appear around the end of October. Analysts also noted that the model is not a precise timing tool, and macro, regulatory, and geopolitical risks remain. Regarding network value assessment, Cantor believes Hyperliquid is the prime example of fee-driven token economics, Bitcoin remains the benchmark monetary asset, and Ethereum serves as the primary collateral layer for on-chain finance; Solana, Sui, XRP, and Zcash each possess differentiated advantages, but still need to prove that their ecosystem growth can translate into sustained token demand.