LateFeeLeo

Crypto Globe News: Strategy Inc. (NASDAQ: MSTR) is considered an undervalued software stock at present. On July 8, Barclays began covering the company and issued an Overweight rating, with a target price of $130. Analysts said the upgrade came after an industry reset, as the market now places greater emphasis on stock selection and identifying companies with long-term growth potential. Mizuho previously cut its target price from $265 to $213 and maintained a Buy rating. Its revised Bitcoin holdings are 843,775 BTC. The new target price is based on a forecast of the Bitcoin market price of $71,500 by the end of 2027. Overall, 90% of analysts gave the stock a Buy rating, and the 1-year median target price is $245, indicating an upside potential of 158.88%. Strategy Inc. is a Bitcoin treasury company based in Virginia that provides AI-driven enterprise analytics software.

Crypto market news: Bitwise said the crypto market recorded negative returns for a third consecutive quarter in the second quarter of 2026, the longest losing cycle since 2022. The Bitwise Top 10 large-cap crypto index fell 15.4% in that quarter, with 8 of the 10 assets posting losses during the period. In addition, spot Bitcoin ETFs also recorded their worst outflow quarter since launch. Bitwise’s report said that in the second quarter, on-chain activity, trading volume, and assets in decentralized finance protocols all declined, while the correlation between crypto assets and stocks increased, making digital asset prices more closely tied to traditional risk markets.

CoinWorld News, local time on the 5th, Russian Presidential Press Secretary Dmitry Peskov said on a program aired that day that the Ukrainian armed forces have intensified attacks on Russian infrastructure due to the worsening situation on the front line. The Russian military is establishing a security buffer zone along the border, with visible results already achieved. He also said that Russian troops are advancing steadily according to plan in the special military operation zone. Peskov stated that the EU's transformation into a military-political bloc has further worsened the Ukrainian issue. Russia hopes that the EU will not undermine the prospects for peace negotiations. Peskov also said that Russia remains open to peace talks and expects the United States to play a mediating role. Russia always welcomes visits by U.S. President's Special Envoy Steve Witkoff and Trump's son-in-law Jared Kushner. In the absence of visits by the two for a relatively long time, Russia still maintains contact with the United States through existing channels.

Coin World News, according to Kyodo News, Japan’s Ministry of Economy, Trade and Industry will provide 387.3 billion yen (about 2.388 billion US dollars) in support to new AI enterprises.

CoinWorld News, the floating profit of the ETH short position at address pension-USDT.ETH has narrowed to $3.4 million (+12.51%), with the current coin price at $1,631.99, the liquidation price at $2,168.32, and the position size at $81.6 million. This whale often profits through swing trading, with cumulative profits exceeding $20 million since October.

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a public request for comment, aiming to further coordinate the regulatory framework for portfolio margining of securities, security-based swaps, futures, and related products to enhance risk management efficiency, reduce market fragmentation, and strengthen investor protection. The request for comment covers topics such as cross-product margin offsets, customer protection, collateral management, risk models, clearing mechanisms, and market liquidity. The public comment period is 60 days after publication in the Federal Register.

Wu has learned that USDC has announced the launch of its privacy feature on Starknet: STRK20, a privacy capability for ERC-20 tokens with built-in compliance. Users can make USDC private, transfer it, and then remove its privacy status, while hiding balances, amounts, and counterparty information on the public ledger. USDC still remains a USD-pegged stablecoin, and the new feature can be used for payments, treasury management, payroll, and Starknet on-chain financial activities.

CoinWorld News, Solstice and Tensorx today announced a partnership to jointly invest up to $1B to support the construction of sovereign AI infrastructure in Europe. The collaboration aims to meet the EU's growing demand for sovereign computing power. Solstice will provide on-chain financing and launch AIUSX as a potential yield-bearing asset, enabling enterprises to leverage their capital holdings for AI infrastructure loans. Tensorx owns and operates a fleet of NVIDIA GPUs and provides AI models in EU data centers, ensuring zero data retention, predictable pricing, and superior performance. The company plans to expand its services globally.

CoinJie Net News, according to Glassnode data, as Bitcoin’s price falls to $59,100, nearly 108.3k BTC are now in a loss position, reaching the highest level in history. Currently, long-term holders hold about 14.8 million BTC, representing about 75% of circulating supply, of which 37% of the BTC are in a loss position.

According to Fortune, cryptocurrency data analytics company Allium announced the completion of a $40 million Series B funding round, led by Amplify Partners, with participation from Kleiner Perkins and Theory Ventures, among others. The valuation was not disclosed. Allium is headquartered in New York and primarily cleans and analyzes blockchain data for institutional clients, including Coinbase, a16z crypto, and others. DeFiLlama also uses some of Allium's data. Allium co-founder and CEO Ethan Chan stated that Visa and the Federal Reserve System of the United States have referenced their data, indicating that institutional demand for blockchain data is increasing.

JUST IN: $180,000,000 worth of crypto longs liquidated in the past 60 minutes.
$BTC

CryptoWorld News: Ukrainian President Zelensky: Ukraine's second attack on Moscow oil refinery this week.

CoinWorld News: The ETH short position on the pension-USDT.ETH address has reduced by 1,316.01 ETH, which is approximately 2 million USD at the current price.
The total holdings of this address amount to $101,947,551.92, with an average price of $1,810.16, and a current profit and loss of +$821,115.82 (+3.22%).
The current coin price is $1,795.70, and the liquidation price is $2,418.49.
This whale often profits through swing trading, using strategies with low leverage and short cycles (average holding about 20 hours), mainly operating large positions in BTC and ETH.
Since October, the accumulated profit has exceeded $20 million.

CryptoWorld News reports that, according to Whale Alert monitoring, an unknown whale has just transferred 135,152,451 USDC, which is approximately $135 million based on the real-time price.

CryptoWorld News: SpaceX’s balance sheet holds over 18.7k Bitcoin.

Crypto World News reports that the U.S. Department of Energy announced on Wednesday that the United States is seeking to lend up to 40 million barrels of strategic petroleum reserves (SPR) to energy companies to help lower fuel prices. This plan is part of the previous agreement to release 172 million barrels of SPR. To date, the U.S. has lent approximately 133 million barrels of crude oil under this agreement. In March this year, after the U.S. and Israel launched a war against Iran on February 28, the U.S. reached an agreement with about 30 member countries of the International Energy Agency to jointly release approximately 400 million barrels of strategic reserves to help stabilize the international oil market. Currently, the U.S. SPR inventory stands at 349.2 million barrels, the lowest level since August 2023. Companies borrowing crude oil must return an equivalent amount of crude and pay a premium of up to 24% in the form of additional oil.

CoinWorld news reports that Botanix Labs has announced the shutdown of its Bitcoin Layer 2 network due to insufficient user demand to support the network’s economic operations. During its one-year mainnet operation, the network processed 25 million transactions and 200,000 wallets. Botanix said that although its Spiderchain infrastructure maintained 100% uptime and there were no security incidents, users mainly view Bitcoin as a long-term asset, which limited the demand for decentralized finance applications. Users were asked to withdraw their assets before July 9; after that, the remaining funds will be liquidated by the network’s consortium.

CryptoWorld reports that Pi Network has once again sparked concerns about adoption, token supply, and transparency. A supporter said that excitement for Pi Coin has cooled, and believes that simply upgrading development will not be enough to drive the price. He argued that major partnerships with companies such as Amazon and Uber are needed so it can be used for real transactions, and he even said, “$PI is over, all the hype is gone.” In addition, regarding tokenomics and the future supply: about 4.5 billion coins are circulating, the maximum supply is 100 billion, and the circulating portion is very small. This week, Pi币 fell by nearly 10%, breaking below the $0.13 support level; although it rebounded from a low of $0.118, recovery has been lackluster.