News linked to this event type.
According to Bloomberg, the German financial system is witnessing a rapid expansion of crypto-asset services. Multiple local financial institutions, including cooperative banks and savings banks, are planning to launch cryptocurrency trading services for retail customers, enabling users to directly buy and sell virtual assets without the need for third-party trading platforms.
Micron officially broke ground on its factory expansion project in Higashihiroshima City, Hiroshima Prefecture, Japan, on Saturday. The project involves a total investment of approximately 1.5 trillion yen (around $9.3 billion) and aims to produce advanced memory chips for the AI era.According to reports, the new production line will focus on manufacturing key chips such as high-bandwidth memory (HBM), which are core components supporting the performance of AI processors like Nvidia's. The relevant chips are expected to begin shipment as early as the summer of 2028.Japan's Ministry of Economy, Trade and Industry has provided up to 500 billion yen in subsidies to support the project, aiming to strengthen the country's domestic semiconductor manufacturing capabilities and enhance supply chain resilience.This expansion project is regarded as a significant step for Japan in strengthening its semiconductor manufacturing layout amid the global AI chip competition. (Bloomberg)
the Central Bank of Brazil stated during a hearing at the Congressional Economic Development Committee that stablecoins should be treated as electronic currency instruments, not digital assets. Fábio Araújo, an advisor to the Financial System Regulation Department of the Central Bank of Brazil, stated that digital assets like Bitcoin and Ethereum possess characteristics such as scarcity, transferability, and verifiability. Stablecoins, however, are different and should be understood as monetary instruments when they exhibit features of a means of payment. The Brazilian Congress is preparing to deliberate Bill No. 4308/2024, proposed by Congressman Aureo Ribeiro in 2024, to clarify rules for stablecoins. The Brazilian crypto economy association Abcripto opposes this classification. Its members include Binance, Coinbase, Fireblocks, Visa, Tether, OKX, and Ripio. Abcripto stated that this classification will lead to regulatory conflicts, affect stablecoin adoption among both institutional and retail users in Brazil, and hinder virtual asset service providers. The Central Bank of Brazil also recently issued a new resolution, elevating its supervision of virtual asset service providers to the same level as securities institutions. (Bitcoin.com News).
: TradingView has added support for data from Hyperliquid and trade.XYZ.Users can open the search function in TradingView Supercharts and enter the prefix "HYPERLIQUID:" or "HIP3XYZ:" to find the corresponding market data.
Sui posted on X platform, stating that this week's highlights include ensuring data privacy, expanding decentralized capital markets, and welcoming new teams into the network development pipeline. LoquaApp has launched a privacy-first AI agent messaging app on Sui, supporting users in sending messages, interacting with AI agents, and conducting peer-to-peer token transfers within chats; RipStationxyz has deployed a graded Pokémon card platform on Sui for on-chain trading and physical redemption; suidevelopers held a technical meeting, where kostascrypto and abhinavg6 analyzed the cryptography behind protocol-level confidential transfers; 0xfluid has chosen Hashi to build an institutional-grade Bitcoin credit market, enabling native BTC to be used as collateral through formally verified contracts on Sui; realtbook has partnered with paga to create a compliant financial bridge, offering tokenized real-world assets to African consumers and businesses; six early-stage development teams, including AssetoFinance, audricai, gendotpro, kash_bot, predikt_gg, and transact_sh, have completed the third cohort of the Sui Hydropower Fellowship; tradeonhudi announced the upcoming launch of 7×24 hour leveraged perpetual contracts on Asia-Pacific stocks, targeting markets in Korea, Japan, and Hong Kong; Turbos_finance released its Q2 2026 report, having launched its CLMM and once became the highest-volume AMM DEX with a single-day SUI-USDC trading volume exceeding $17 million. The upcoming Sui Tunnels experiment will be opened for system testing of the network's TPS limit under load.
Odaily News: Fox Business crypto reporter posted on X platform, stating that the Major County Sheriffs of America has shifted to a "neutral" stance on the Clarity Act after recent ongoing discussions around parts of Section 604, i.e., the Blockchain Regulatory Certainty Act. In a letter to leaders of the Senate Banking Committee, MCSA stated that based on its continued review of the bill, there remains an opportunity to further strengthen the legislation in a manner that supports responsible innovation and the practical needs of state and local law enforcement.
Fox Business crypto journalist posted on X, stating that following the release of President Trump's financial disclosure documents, Senator Gillibrand has again called for advancing ethics reform to prohibit the President, members of Congress, and their spouses from issuing or sponsoring digital assets. The financial disclosure documents show that President Trump earned over $600 million from his Solana meme coin in 2025. This announcement comes amid increased scrutiny of Senator Gillibrand's long-standing position on strengthening ethics rules, following previous reports that her son had raised funds to plan the launch of a crypto derivatives exchange.
SemiAnalysis posted on X platform, stating that the proportion of memory in hyperscaler capital expenditure has sparked considerable discussion, especially after MU's earnings report last week. Some market participants were surprised by the potential level this ratio could reach next year. SemiAnalysis published its initial views in late February, and many clients disagreed with its 30% figure. In May, after pricing increases exceeded expectations, SemiAnalysis responded that, when combining DRAM, NAND, and HBM spending, memory expenditure in Nvidia systems would exceed 30% by the end of 2026 and surpass 40% by 2027. SemiAnalysis expects this dynamic to gain greater understanding in the coming months.
Open Standard, the consortium behind Open USD, has been accused of listing companies such as Samsung Electronics as supporters of the OUSD stablecoin project without their consent.Tony Chung, Head of Blockmedia’s BD division, stated that Samsung Electronics said no formal discussions had taken place and that it was unclear what role it would play in the project.Shinhan, Dunamu, and K Bank stated that Open Standard had inquired about their interest in participating, and they merely indicated they would "consider" it, only to later find their names listed as consortium members.Tether advisor Gabor Gurbacs noted that some of the listed partners claimed they had never signed or agreed to anything.Circle co-founder and CEO Jeremy Allaire commented, "Integrity matters." OUSD is expected to launch later this year. (Bitcoin.com News).
The DeFi Report's Ethereum Q2 2026 update shows that Ethereum's network revenue for the quarter rebounded slightly quarter-over-quarter, but still declined significantly year-over-year, while on-chain real yield, L1 economic activity, DeFi activity, and Layer 2 participation overall continued to weaken. The report noted that as user activity continues to migrate to Layer 2, competition for Ethereum mainnet block space decreased, leading to weakened priority fees and MEV capture capabilities.
DeSci protocol Bio Protocol has announced the launch of OpenLabs, positioning it as a coordination layer for human-agent collaboration in scientific research, aimed at transforming scientific ideas into funded execution projects. OpenLabs comprises five interconnected layers: Posts & Discovery, Projects, Agent Collaboration, Web3 Incentive Layer, and a Bounty System. Regarding incentives, OpenLabs plans to adopt a USDC yield-based funding mechanism to finance agent reasoning and tool usage. Users can deposit USDC and select projects to support; funds are allocated to audited yield vaults such as Morpho and Aave. The generated yield flows to projects for computation, queries, and simulations, while the principal assumes no risk. When a project reaches the stage requiring real capital, it can issue tokens via the Bio launchpad or pursue private fundraising and follow the traditional biotech path.
Eli Lavon, an American citizen studying at an ultra-Orthodox yeshiva in Jerusalem, has been indicted in Israel on espionage-related charges. According to the indictment, Lavon faces two counts of contact with a foreign agent and 14 counts of transmitting information that could potentially aid the enemy.Prosecutors allege that Lavon was recruited via Telegram, photographed sensitive locations, and concealed items with coded messages for Iran-linked contacts. He received approximately $1,379 in cryptocurrency as payment from two contacts. Lavon's attorney, Raz Bar Tzvi, told CNN that being contacted by a foreign actor online does not make someone a spy and that the facts stated in the indictment are insufficient to support the charges. (Decrypt)
Chaitanya Jain, Bitcoin Strategy Manager at Strategy, stated on X that STRC has begun to recover after a brief price dislocation. The company's goal is to drive its long-term gradual return and stabilization in the $99–100 range.He noted that Strategy will achieve this goal through multiple tools, including: a floating dividend rate mechanism, a continuously growing USD reserve, the gradual unwinding of convertible bond structures, share buybacks, and ongoing product feature enhancements.
according to Bubblemaps monitoring, a cluster of addresses purchased 2.7% of the ANSEM supply shortly after its launch through 4 associated wallets. They subsequently sold all holdings on June 19, making a profit of approximately $2,000. At current prices, this position would be worth around $4.7 million.
Decentralized privacy protocol Hinkal Protocol announced that it has detected abnormal activity involving USDC on the Ethereum network within its system. Currently, only the Ethereum blockchain is affected, while other chains remain unaffected. As a precautionary measure, the affected smart contracts have been paused, and a comprehensive investigation and analysis of relevant on-chain transactions and activities is currently underway. The investigation is still ongoing, and updates will be released once information is confirmed.
Bitget CFD has launched the tiered margin rate feature, applicable to all CFD trading instruments including forex, precious metals, stock indices, and commodities. After this feature goes live, the margin occupied by CFD instruments will be calculated in tiers based on the size of the notional exposure of account positions. The larger the exposure, the higher the corresponding margin rate.
Serenity has released an exclusive analysis of the AI ASIC market on the X platform, presenting the core thesis that "NVIDIA is the kingmaker of the ASIC market." It proposes a set of industry reasoning logic, arguing that NVIDIA CEO Jensen Huang is not pleased with Broadcom monopolizing the custom ASIC track. With implicit support from the NVIDIA ecosystem, companies such as Marvell, MediaTek, AlChip, and GUC are steadily capturing market share originally held by Broadcom, taking on more custom chip projects for hyperscale cloud vendors. This landscape is comparable to the rise of emerging cloud service providers last year, serving as an important means for NVIDIA to hedge against the moat created by leading cloud vendors developing their own ASICs.Serenity suggests this could represent a two-year trading opportunity but does not constitute investment advice. It also predicts that after 2030, major companies like Google will internalize a significant amount of chip design work. It added that NVIDIA has the ability to reshape the valuation of the industry chain, and there have already been market expectations that Marvell could potentially reach a trillion-dollar market cap.
On the eve of the U.S. Independence Day holiday, sentiment in the crypto market is gradually stabilizing. Bitcoin is holding above $61,000, and Ethereum has climbed above $1,700, continuing the rebound from the previous day. The unexpectedly weak U.S. non-farm payroll data earlier had cooled market expectations for further tightening by the Federal Reserve, rekindling demand for risk assets. Volatility in the options market has notably declined, with short-term implied volatility falling from recent highs into the low 30s range, as market sentiment shifts from panic hedging to relative calm. However, some institutions believe the data is not a one-sided "dovish signal." Accelerating wages and resilient consumer spending still support the Fed in maintaining a hawkish stance. The divergence between U.S. Treasury yields and stock market performance further indicates lingering disagreement over the policy path. (The Block)
Open Standard announced the launch of the USD stablecoin Open USD (OUSD) and plans to go live within the year, stating that over 140 financial and payment-related institutions are participating, including Visa, Mastercard, BlackRock, Samsung Electronics, Dunamu, Hanwha, and others. However, several South Korean companies stated that they had not previously conducted formal negotiations with the issuer; some institutions only responded that they could evaluate after the project matures, but were subsequently listed as alliance members.
Odaily, Bitget has officially upgraded its institutional fee framework, covering the Bitget PRO rights system and liquidity incentive program. This further optimizes transaction costs, liquidity incentives, and market structure for institutional clients in multi-asset markets, providing more comprehensive trading support for professional traders, market makers, and liquidity providers.This upgrade incorporates asset classes such as cryptocurrencies, equities, precious metals, commodities, and indices into a more refined fee and liquidity incentive framework. It optimizes pricing structures and market-making support tailored to the characteristics of different markets, enhances execution quality across various asset classes through differentiated incentives, and meets the trading needs of institutional users in a multi-asset environment.