SummerCoast

Crypto news flash: SBI Global Asset Management and Digift have launched JX on Solana, aiming to put listed stock strategies from Japanese asset management companies on-chain.

Crypto news flash: ARK Invest increased its position in SpaceX stock worth about $52 million over the week ending July 10, while trimming its holdings in semiconductor, streaming, and genomics companies. According to ARK Invest’s latest weekly trading disclosure, Space Exploration Technologies Corp. (SPCX) received the largest capital allocation across multiple exchange-traded funds. In addition, ARK bought shares of Eli Lilly, Meta Platforms, X-Energy, Coinbase Global, and Circle Internet Group, and increased its investments in companies related to healthcare, artificial intelligence, and defense.

CoinWorld News: U.S. Federal Reserve Governor Waller said that tariffs, energy prices, and demand for AI infrastructure development are factors currently driving inflation higher.

Gate.io News: According to CoinJie.com news, analysts said that Bitcoin’s volatility has fallen by 50% compared with the previous cycle, so the current price range may be nearing the bottom. He observed a bullish divergence on a longer time frame, although short-term trend signals are still bearish. He said that negative momentum is weakening, but this doesn’t mean we’ve already left the bear market.

Shiba Inu price prediction: Will the $0.0000040-$0.0000045 range hold SHIB moves?
Shiba Inu (SHIB) is trading around $0.0000043, showing signs of stabilization after a volatile period for meme coins. The token remains below several key moving averages, while traders are closely watching whether SHIB can defend the $0.0000040-$0.0000045 consolidation range before attempting a recovery. Whale wallet activity has increased, but overall market sentiment remains cautious following weakness across the meme coin sector.
Key data:
Current SHIB price: Around $0.0000043
Daily change: Mixed
Short-term outlook: Moderate volatility
Main consolidation range: $0.0000040-
$0.0000045
Performance across timeframes:
24 hours: Stable
7 days: Limited recovery
1 month: Under pressure
3 months: Bearish trend easing
Fundamental factors:
Recent market reports show that hundreds of billions of SHIB tokens were moved into private wallets, reducing immediate selling pressure. At the same time, derivatives activity has slowed and SHIB burn activity remains inconsistent, meaning investors are looking for stronger ecosystem growth before expecting a sustained rally.
Conclusion:
Shiba Inu is currently trading in a consolidation phase. As long as SHIB holds above $0.0000040, the market bias remains neutral to mildly bullish. A sustained move above $0.0000045 could improve the outlook and support further upside momentum.
#GTBurns2.57MInQ2 #PredictWorldCup🇵🇹vs🇪🇸 #VitalikUnveilsLeanEthereum #gStocksTokenizedStocksLive #BitcoinWhalesAdd270KInTwoWeeks $SHIB ‌$SHIB ‌

CoinWorld news, Microsoft is building a 6,000-person AI deployment team to help enterprises implement AI technology.

Once upon a time when I was young 😁😁

CoinWorld News, according to Tom Wan, data lead at Entropy Advisors, Hyperliquid has transferred approximately $5.4 billion in USDC from its Arbitrum bridge to HyperEVM, making Hyperliquid the third-largest blockchain network by USDC supply, surpassing Base. About 87% of this USDC is held in a single Coinbase wallet. However, Tom Wan noted that this USDC was originally only used as collateral for Hyperliquid’s cross-chain bridge, not as Arbitrum DeFi liquidity, so Arbitrum’s native USDC supply remains at around $2.6 billion, keeping it among the top five.

CryptoWorld News reports that, according to multiple Japanese media outlets including JNN and Kyodo News, as the yen approaches its lowest level in 39 years, Japanese Finance Minister Kōzuki Katayama held an online meeting with U.S. Treasury officials on the evening of the 22nd local time. Sources say she may have exchanged views with U.S. Treasury Secretary Bessent, discussing trends in the foreign exchange market and the possibility of foreign-exchange intervention. Earlier, the USD/JPY exchange rate saw a sharp drop during intraday trading, triggering speculation in the market that Japanese authorities had stepped in.

CryptoWorld News reports that, according to CoinDesk, the U.S. Federal Chartered Crypto Bank Anchorage Digital has launched a new platform to assist banks in issuing and managing tokenized deposits. The platform uses blockchain technology to serve banks without replacing existing core systems. The platform operates as a parallel layer, with Anchorage responsible for blockchain infrastructure, wallet management, and smart contract technology, while banks handle customer relationships and deposit custody. Major banks such as JPMorgan Chase, Citibank, and Bank of America plan to jointly establish a tokenized deposit network in the first half of 2027.

Wu Shuo learned that Ethereum co-founder Joseph Lubin posted a statement saying that the world needs a trusted neutral digital asset settlement platform, and currently only Ethereum fits this role. Lubin stated that Ethereum's trusted neutrality, censorship resistance, open source nature, and privacy features come from its high level of decentralization. He also mentioned that in the future, more well-funded and trusted neutral organizations will support the Ethereum Foundation's work, promote the adoption of technologies such as mainnet, L2, and private Ethereum environments, and ETH will circulate within a broader Ethereum ecosystem.

According to the Financial Times of the UK, in the new round of clashes between the US and Iran, the US conducted airstrikes on two water storage facilities in Hormuzgan Province, cutting off water to approximately 20k residents of Kuhestak City and Beman District. Previously, Iran shot down a US military helicopter in the Strait of Hormuz, and the US launched nighttime strikes on targets in southern Iran, claiming to have hit air defense systems, ground command, and radar with precision-guided munitions as a proportional response. Officials from Hormuzgan Province stated that two water tanks with a total capacity of 2,500 cubic meters were destroyed, affecting water supply to 10 villages.

As I have said before,
Bears have 3 months to push $BTC as low as possible.
Whatever price Bitcoin reaches in August or September is likely to represent the cycle bottom.

CoinJie News: Israeli Prime Minister Benjamin Netanyahu said that Iran and Hezbollah are weaker than ever before, but the war with them is not over yet.

CryptoWorld News reports that, according to informed sources cited by Iran's Tasnim News Agency on the 7th, Iranian security forces clashed with an armed group in the Saravan region of Sistan and Baluchestan Province in southeastern Iran, resulting in 4 deaths. The report states that Iranian security forces killed 4 "terrorists" during the operation and seized a batch of weapons and ammunition.

According to Whale Alert monitoring, the USDC Treasury minted an additional 250 million USDC on the Solana chain today at approximately 10:06 Beijing time.