SergioBanani

📈 Ethereum ETFs again outpaced Bitcoin ETFs by net inflows
On July 27, spot Ethereum ETFs in the US attracted $9.23 million. The main source of inflows was BlackRock’s ETHA fund, which received $11.75 million. At the same time, $2.52 million was withdrawn from Invesco’s QETH fund.
Bitcoin ETFs finished with outflows for the third trading day in a row. During the session, investors pulled out $11.64 million: BlackRock’s IBIT lost $8.82 million, while Fidelity’s FBTC lost $2.82 million.
Funds for Solana and XRP also recorded modest inflows—$1.03 million and $592 thousand, respectively. HYPE ETF

KOSPI fell 45% over the month.
According to Goldman Sachs, more than 1.2 million retail investors were margin-called, while between 320,000 and 360,000 accounts were fully liquidated.
Margin calls affected about 3.4% of South Korea’s entire adult population.

The military-backed parliament of Myanmar has approved a law against online fraud and scam centers, the Anti-Online Scam Bill. Union Parliament Speaker Aung Lin Dwe said the document was adopted on July 28 at a joint session of the lower and upper houses in Naypyidaw, AFP reports.

Stocks are seeing continued liquidation during the Asian session
futures on Nasdaq 100 and Nikkei 225 have been falling without pause for 6 consecutive trading sessions

Warning about SparkKitty – malware that steals seed phrases from crypto wallets.
The virus spreads through mobile apps on iOS and Android, including apps from the App Store and Google Play.
After installation, SparkKitty requests access to the gallery and sends photos from the device to the attackers’ server. The main goal is screenshots containing mnemonic phrases, passwords, and other information to access crypto wallets.
How to protect yourself: if you store your mnemonic phrase as a photo or screenshot, delete it from the gallery and cloud storage. Limit access to the gallery (allow only t

The CEO of the largest publicly traded miner, MARA, said that at the same amount of electricity, AI data centers earn noticeably more than Bitcoin mining
That’s why even the biggest miners are increasingly looking toward AI infrastructure.

South Korean Researchers Find an Alternative to Diamond Qubits
Researchers from Sungkyunkwan University, together with colleagues from Wisconsin and Washington, have theoretically described a spin qubit based on zinc oxide — a molybdenum-oxygen vacancy defect with a coherence time of ~4 ms and highly efficient single readout. Unlike diamond NV centers, ZnO is compatible with standard semiconductor manufacturing.

Uniswap added Permissioned Pools with user verification at the protocol level ❗️
The largest DEX platform Uniswap, in partnership with Securitize, has launched Permissioned Pools for the v4 protocol.
They are designed for trading tokenized stocks and other regulated assets whose issuers must verify participants in trading.
The key difference is that user verification does not happen via a website or external services.
Before each trade and liquidity addition, the smart contract itself checks whether the wallet is included in the issuer’s whitelist. If not, the operation will not be executed.
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Tether Cancels Deal to Merge Three Crypto Companies
The planned merger of 21 Capital, Strike, and Elektron Energy has been officially annulled. As a result, Jack Mallerс left his position as CEO of 21 Capital in order to focus on the development of Strike.
Rafael Zaguri, previously CEO of Elektron Energy, became the new leader of 21 Capital. He noted that the company will now focus not only on accumulating BTC, but also on creating a stable cash flow and distributing capital more efficiently.
It is important to emphasize that 21 Capital builds its business model around Bitcoin and aims to repl

🌐 Telegram will launch the largest non-custodial crypto wallet this summer
Pavel Durov said the new Gram wallet will be available directly in Telegram and will enable sending cryptocurrency without fees.
The service will operate without storing private keys and will be available to more than a billion users.
Following the announcement of the Gram token, it rose by 9% in the moment.

The figures from the last cycle force a complete rethink of how to form a portfolio. Here’s how the value of assets changed from September 2023 to October 2025 and their current drawdown:
🟠 BNB +535% at the peak → now down by ≈56%
🔵 Coinbase stock +440% at the peak → now down by ≈59%
🥇 Bitcoin +382% at the peak → now down by ≈48%
✨ Ethereum +161% at the peak → now down by ≈55%

💸 Spot Bitcoin ETFs closed a second consecutive “green” week
From July 13 to 17, the products attracted net inflows of $75.5 million. The main inflow was driven by BlackRock’s IBIT ($204.1 million), but it was largely offset by outflows from Fidelity’s FBTC (-$181.1 million).
Ethereum funds mirror the dynamics of instruments based on the first cryptocurrency, with net weekly inflows of $105.5 million.

📉 The release of China’s Kimi K3 model triggered a selloff in the semiconductor market
Shares of chipmakers and AI companies fell worldwide on Friday. Stock prices of Asian firms dropped the most: the Taiwan index lost more than 6%, and Japan closed down 4%. In the US, the selloff continued—Nasdaq fell by 1.5%, marking the worst session of the week.
Kimi K3 became the largest open model at the time of launch. It supports a context of 1 million tokens, text, and images. Full weights will be released on July 27 under the Modified MIT license. After that, small labs will be able to use the model

🇺🇸🇯🇵 Japan is building a national AI factory with Nvidia, an initiative with no analog anywhere else in the world so far
NVDA announced a partnership with Noetra to build the NVIDIA Vera Rubin AI factory, which will be equipped with 13,750 Vera processors and 27,500 Rubin GPUs, providing 140 megawatts of data-center power.
According to NVIDIA, this is the world’s first national AI infrastructure specifically created for Physical AI (physical AI).

Only 13.5% of BTC on short-term holders’ (STH) wallets is currently in profit. About 86.5% are at a loss.
The market is still in a zone of strong “unrealized pain”: Bitcoin’s rebound hasn’t affected the majority of short-term investors. This pattern is typical of the late stage of a bear market, but this metric can remain below 20% for months.
A positive signal will appear when the share of STH in profit is stably sustained above 20% and starts moving toward 40-50%.

Only 13.5% of BTC in the wallets of short-term holders (STH) is currently in profit. About 86.5% is at a loss.
The market is still in a strong zone of “unrealized pain”: Bitcoin’s recovery hasn’t affected most short-term investors. This pattern is typical of the late stage of a bear market, but this metric can remain below 20% for months.
A positive signal will appear when the share of STH in profit becomes firmly established above 20% and starts moving toward 40-50%.

⚛️ Nvidia has released the Ising Decoder ColorCode 1 Fast code — an AI module for pre-processing quantum error signals. It reduces the amount of data and passes the remaining errors to the classical decoder Chromobius.
In a simulation, this pairing cut the logical error rate by 347.7 times and sped up processing by 7.3 times. The results were obtained on synthetic data, and the AI model and Chromobius were tested on different types of hardware.

⚠️🇰🇷#SKHY
Shares of South Korean chipmaker SK Hynix fall 16% in trading in South Korea = record intraday drop
Last Friday, SK Hynix listed its ADRs on Nasdaq; the order book was oversubscribed 7 times, and the ADRs opened up 15% on debut trading. Everyone who wanted had a chance to buy at the highs