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The Canadian Export Development Agency said that global oil inventories have continued to decline, making the market more fragile. It expects this year’s average oil price to be around $96 per barrel, and around $84 in 2027. Global oil storage facilities have become the marginal producer. If a permanent agreement is reached to end the war and restore shipping through the Strait of Hormuz to pre-crisis levels, it would help ease supply tightness, but the market will still be tight; rising geopolitical risks will trigger price volatility.

Coin World News: According to IRNA (Iranian news agency), at least two severe explosion sounds were reported coming from Iran’s Bushehr Port; not long before that, the U.S. Central Command announced that its latest round of attack operations had been completed.

On July 9, U.S. crypto ETFs saw widespread redemptions, with total net outflows of about $148 million, mainly due to weaker demand for Bitcoin ETFs. Bitcoin funds led the decline, while Ethereum products ended five days of inflows. Bitwise data shows that U.S. Spot Bitcoin ETFs had net outflows of $95.3 million, Spot Ethereum ETFs saw net outflows of $52.08 million, and the Chainlink product had a net increase of $565,680. Overall, funds were not entirely withdrawn from the market, but were transferred among different assets. On July 10, BTC was around $63,959, and short-term liquidity is still concentrated in BTC and ETH products.

CoinJie.com News: OpenAI announced that ChatGPT Work will begin rolling out to Pro, Enterprise, and Edu users on the web and mobile apps, while Plus and Business users will be granted access in the coming days.

According to Onchain Lens monitoring, Circle again minted 280 million USDC on the Solana network about 30 minutes ago. As of now, Circle’s cumulative minting of USDC on Solana in 2026 has reached 6.453 billion USDC.

According to Digital Asset, on the 29th, the Seoul Southern District Court issued a first-instance ruling in the case in which Li, the actual operator of QBZ (QueenBeeCoin) operator QueenBeeCompany, was accused of assisting shaman Jeon Seong-bae (Master Geonjin) in violating the Political Funds Act. All four defendants, including Li, were found not guilty. The court held that the 100 million won at issue could not be deemed political funds, and that the relevant funds had not been proven to have been actually delivered to related figures of the Liberty Korea Party’s central committee, including People Power Party lawmaker Yoon Han-hong. The fraud charges against Jeon Seong-bae were also ruled not guilty. In addition, Li is involved in other cases involving cryptocurrency fraud on the scale of 300 billion won, bribing the media, and intentionally leaking BTC held by the police, and those cases are still under trial.

According to onchain lens monitoring, a whale address that had been dormant for two years sold 5,671 ETH at a price of $1,576, receiving $8.938 million USDS.

CoinWorld News: Anthropic has introduced a brand-new security architecture for its team collaboration feature, Claude Tag, completely doing away with account sharing and directly assigning each AI its own dedicated, independent account. This new architecture replaces the old model where AI acted on behalf of employee accounts, ensuring that when posting on Slack, submitting code on GitHub, or querying a data warehouse, the AI runs using its exclusive account. Enterprise administrators can centrally configure the tools and code repositories that AI is allowed to access, and finely adjust access levels across different channels to ensure sensitive conversations don’t get leaked. In the future, the system will also support just-in-time authorization to reduce permission abuse to the greatest extent.

CoinWorld Network News: In the past 12 hours, SPCX has continued to fall by 5%. Its current price is $155. On Hyperliquid, SPCX’s 24-hour trading volume is about $932 million. The short position size has decreased to $42.24 million, while the long position size has increased to $31.57 million—shorts are about 1.34 times longs. The moving average line of the current large short positions is at $169.2, and the most recent liquidation line is at $164. The largest short “whale” holds a 3x short position, with a current position value of about $18.54 million, an average entry price of about $167.41, a liquidation price of about $208.88, and an unrealized profit of about $1.47 million.

CryptoWorld News: Two major on-chain whales have newly opened MU short positions totaling $8.3 million, expecting the share price to continue falling after Micron’s earnings report. As the earnings report approaches, trading activity for MU contracts on the HyperLiquid platform has surged significantly; the trading volume in the past 24 hours is about $459 million, with open interest reaching $195 million. Earlier this morning, the contract price rebounded after touching around $1,030 and is now at $1,091. The two whales’ average entry prices for their positions are about $1,071, and they are currently at a small unrealized loss; the most recent liquidation level is at $1,470. At present, the two addresses together hold $55.5 million in various US stock short positions, one of which belongs to well-known trader CBB.

CryptoWorld News: El Salvador continues to buy Bitcoin daily, adding 8 BTC in the past 7 days.

🕵️‍♂️ The recent $BTC correction appears to have attracted buyers back into the market.
Accumulation Trend Scores have turned higher across multiple wallet cohorts, suggesting supply is being absorbed as investors step in following the move down to $60K.
$BTC

CryptoWorld News: HYPE long positions' unrealized gains have narrowed to $24.6M (up 157.73%), with the current price at $56.50, liquidation price at $49.27, and the position size reaching $77.97M. This address heavily increased its long positions before HYPE was listed on Robinhood and is now the largest HYPE long holder, having previously suffered significant unrealized losses.