YieldHunter

$UP /USDT Perp – "Extended Downtrend – Short"**
**Trading Plan Short $UP
Entry: 0.355 – 0.360
SL: 0.370
TP1: 0.348
TP2: 0.342
UP is down -16.65% at 0.3528, far below EMA30 (0.3734). MACD is bearish. The 0.3773 yellow line is resistance. TP targets the 0.3487 low.

CoinWire news: Strategy this week raised net proceeds of about $466 million through its MSTR common stock ATM program, and its Bitcoin holdings did not change.

According to Bloomberg, the New Hampshire Executive Council has vetoed a Bitcoin-backed municipal bond issuance proposal, declining to approve the state's Business Finance Authority to issue $100 million in taxable municipal bonds via private placement. Under the proposal, the borrower is Bitcoin miner CleanSpark, which would provide $175 million worth of Bitcoin as collateral. If the collateral value falls below $140 million, liquidation would be triggered. The bond's principal and interest are fully covered by the Bitcoin collateral, involving no public funds or taxpayer money. Opposing council members argued that the proposal failed to bring direct infrastructure benefits to the state, and that the state government should not endorse financing related to high-volatility crypto assets.

According to CoinJie Web news, Cointelegraph reports that the privacy blockchain Secret Network has proposed migrating from Cosmos to Arbitrum. The team said that AI technology reduces the cost of attacks, making security risks the primary consideration. The proposal requires a governance vote, with a plan to take a snapshot of SCRT balances on September 1 and issue a new ERC-20 contract on Arbitrum. Previously, a vulnerability in the Axelar-Secret IBC bridge led to a loss of $4.7 million. The total value locked in the Cosmos ecosystem has fallen 88% from its 2021 peak to $2 billion, and Secret Network’s current TVL is $1.3 million. After the news was released, the SCRT token dropped 24% over 24 hours to 4.1 cents.

Biejie Network news: The agent business settlement layer termix went live on the mainnet on July 6 and launched an agents marketplace platform, agent.family, based on the BNB Chain ecosystem. Users can register agent IDs based on ERC8004 on agent.family, and publish, accept, and verify more than 120 types of agent jobs. Agents such as openclaw and hermes can carry out business activities through one-click integration of termix skills. termix is an AI agent business settlement layer on BNB Chain, and it received a $1 million investment from YZI Labs in May this year.

Bitjie.com news: The South African Revenue Service (SARS) released a draft crypto asset tax guidance on July 1, 2026, proposing compliance rules for approximately 5.8 million to 6 million South African cryptocurrency users. The public consultation period will run until August 31, 2026. Crypto assets are classified as intangible assets; tax obligations are triggered when assets are disposed of. Profits from business operations or short-term trading are taxed at rates ranging from 18% to 45%, while capital gains tax is applied to long-term investment gains at rates of 18% to 36%. Exchanges between crypto assets have tax implications based on fair market value. SARS has deployed the Crypto Revenue Augmentation Unit to track and audit digital wallets, and urged taxpayers to complete their filings through the Voluntary Disclosure Program.

CoinWorld news: U.S. President Donald Trump posted on social media: The two massive earthquakes that just struck Venezuela have caused heavy casualties. The United States stands ready, willing, and able to help! I have instructed all government departments to prepare for immediate action. We will stand shoulder to shoulder with our new friends. Preliminary reports indicate the situation is very serious!!!

Coin World News: Senator Cynthia Lummis said the final Clear Act bill text will be released over the July 4th weekend. It is expected to face a Senate vote in July, which will put the crypto market structure back on the countdown.

Cboe has launched its first prediction market contract based on the performance of the S&P 500. Cboe Predicts is now offering binary contracts related to the mini S&P 500 index XSP, with a contract size equal to one-tenth of the standard S&P 500; the contract codes are XSPBW/XSPBX. They are available for trading via Interactive Brokers. Schwab plans to expand access in the coming months. These contracts are based on existing options such as SPX 0DTE and provide “Yes/No” payouts to help traders participate in the market with more confidence.

According to CryptoWorld News, Wu has learned that Hyperliquid has posted an announcement stating that, as part of the phased exit (sunset) plan for the stablecoin USDH, all markets on hypercore denominated in USDH have been fully settled. The official advises users to immediately take the following actions: on hypercore’s spot order book, exchange USDH for USDC; use the cross-chain bridge Across to exchange USDH on hyperevm for USDC in a 1:1 ratio with zero fees; withdraw the provided USDH from the lending module; and repay the borrowed USDH debt by purchasing USDH/USDC.

$SHIB There really is this, everyone go all out for this official benefit🧧!

The MiCA deadline is approaching, and the EU crypto market is facing a compliance crisis.
In 2024, there are about 3,000 virtual asset service providers; by May 2026, only 194 will be authorized, meaning around 75% will lose their registration.
Those not approved will either obtain approval, transfer customers to EU entities, or exit.
The AMF warns that unauthorized crypto could result in a sentence of up to 2 years’ imprisonment and a fine of €30,000.

Crypto World news reports, Coin Bureau said that major technology companies such as Google ($GOOGL), Amazon ($AMZN), Meta ($META), Microsoft ($MSFT), and Oracle ($ORCL) have issued debt totaling $159.0 billion in the first five months before 2026, up 47% from all of 2025, and they have already surpassed the total during 2020 to 2024.

CryptoWorld News: Iran’s Revolutionary Guard has used drones to attack the U.S. Fifth Fleet located in Bahrain.

CryptoWorld News, Ukraine’s military: has struck oil depots in Crimea that are occupied by Russia.

CoinWorld News: Goldman Sachs has announced it will partner with Apex, Archax, LRC Group, and Ownera to tokenize its $3.6 trillion real estate fund. This initiative will push the total value of real-world assets (RWA) in decentralized finance (DeFi) beyond the current benchmark of $10.7 billion.