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On July 15, Circle co-founder Jeremy Allaire announced that Grupo BIND, one of Argentina's largest financial infrastructure and banking platforms, has formed a partnership with Circle to provide USDC services to institutional clients in Argentina. This move is an important step in promoting the liquidity development of USDC/Argentine Peso (ARS).

[Argentinian Financial Platform Grupo BIND Partners with Circle]On July 15, Circle co-founder Jeremy Allaire announced that Grupo BIND, one of Argentina's largest financial infrastructure and banking platforms, has formed a partnership with Circle to provide USDC services to institutional clients in Argentina. This move is an important step in promoting the liquidity development of USDC/Argentine Peso (ARS).

Argentinian Financial Platform Grupo BIND Partners with Circle

On July 15, Spain defeated France 2-0 in the semifinals of the 2026 World Cup in the USA, Canada, and Mexico, advancing to the finals. The latest championship prediction market from Predict.fun shows that as of the time of publication, Spain's odds of winning have risen to 58%, with England at 22% and Argentina at 20%. France, which was previously the favorite to win in the prediction market, was eliminated after the semifinal loss, causing their championship odds to drop to zero. With the finalists confirmed, Predict.fun has adjusted Spain to be the new favorite to win, while attention turns to the other semifinal between Argentina and England.

[Predict.fun World Cup Champion Prediction: France Eliminated, Spain's Championship Odds Surge to 58%]On July 15, Spain defeated France 2-0 in the semifinals of the 2026 World Cup in the USA, Canada, and Mexico, advancing to the finals. The latest championship prediction market from Predict.fun shows that as of the time of publication, Spain's odds of winning have risen to 58%, with England at 22% and Argentina at 20%. France, which was previously the favorite to win in the prediction market, was eliminated after the semifinal loss, causing their championship odds to drop to zero. With the finalists confirmed, Predict.fun has adjusted Spain to be the new favorite to win, while attention turns to the other semifinal between Argentina and England.

Predict.fun World Cup Champion Prediction: France Eliminated, Spain's Championship Odds Surge to 58%

On July 15, Federal Reserve Chair Waller made his first appearance at a congressional hearing, stating that the Fed has a 'zero tolerance' for persistently high inflation. He noted that the long-term inflation rate exceeding the 2% target over the past five years is a failure of the Fed, and that this judgment will not change based on a single month’s CPI data improvement. Regarding monetary policy, Waller mentioned that interest rate tools remain among the policy options, and discussions will take place with the Federal Open Market Committee (FOMC) on when and to what extent these tools will be used to address inflation, although he did not provide forward guidance on future interest rate paths. The market views this as the first public acknowledgment since his return to the Fed in May that tightening monetary policy may be necessary. Additionally, Waller emphasized that the Fed will maintain its independence in setting interest rate policies, free from political influences, and announced the initiation of several reform working groups aimed at adjusting the Fed's economic analysis, policy formulation, and communication mechanisms, marking the beginning of a 'new chapter' for the Federal Reserve.

[Fed Chair Waller: Zero Tolerance for Persistently High Inflation, Will Discuss Rate Tools if Necessary]On July 15, Federal Reserve Chair Waller made his first appearance at a congressional hearing, stating that the Fed has a 'zero tolerance' for persistently high inflation. He noted that the long-term inflation rate exceeding the 2% target over the past five years is a failure of the Fed, and that this judgment will not change based on a single month’s CPI data improvement. Regarding monetary policy, Waller mentioned that interest rate tools remain among the policy options, and discussions will take place with the Federal Open Market Committee (FOMC) on when and to what extent these tools will be used to address inflation, although he did not provide forward guidance on future interest rate paths. The market views this as the first public acknowledgment since his return to the Fed in May that tightening monetary policy may be necessary. Additionally, Waller emphasized that the Fed will maintain its independence in setting interest rate policies, free from political influences, and announced the initiation of several reform working groups aimed at adjusting the Fed's economic analysis, policy formulation, and communication mechanisms, marking the beginning of a 'new chapter' for the Federal Reserve.

Fed Chair Waller: Zero Tolerance for Persistently High Inflation, Will Discuss Rate Tools if Necessary

On July 15, U.S. President Trump stated that strikes against Iran will continue "until I say 'enough.'" Additionally, Trump mentioned that the U.S. held talks with Iran on Tuesday, urging Iran to reach an agreement. He also indicated that strikes on Iran's energy facilities would be reserved for last. Trump threatened that next week, the U.S. would destroy Iran's power plants and bridges. He stated that unless they return to the negotiating table, all of their power plants and bridges will be destroyed.

[Trump Claims Talks Held with Iran, Threatens to Destroy Iranian Power Plants and Bridges Next Week]On July 15, U.S. President Trump stated that strikes against Iran will continue "until I say 'enough.'" Additionally, Trump mentioned that the U.S. held talks with Iran on Tuesday, urging Iran to reach an agreement. He also indicated that strikes on Iran's energy facilities would be reserved for last. Trump threatened that next week, the U.S. would destroy Iran's power plants and bridges. He stated that unless they return to the negotiating table, all of their power plants and bridges will be destroyed.

Trump Claims Talks Held with Iran, Threatens to Destroy Iranian Power Plants and Bridges Next Week

On July 15, Bloomberg ETF analyst Eric Balchunas stated that T. Rowe Price's active cryptocurrency ETF (ticker: TKNZ) is ready and will be officially launched soon. I speculate it could be listed as early as this Thursday. I believe they are smart in timing their launch—waiting until the effects of the market sell-off in October have largely dissipated.

[Bloomberg ETF Analyst: T. Rowe Price Set to Launch Active Cryptocurrency ETF (TKNZ)]On July 15, Bloomberg ETF analyst Eric Balchunas stated that T. Rowe Price's active cryptocurrency ETF (ticker: TKNZ) is ready and will be officially launched soon. I speculate it could be listed as early as this Thursday. I believe they are smart in timing their launch—waiting until the effects of the market sell-off in October have largely dissipated.

Bloomberg ETF Analyst: T. Rowe Price Set to Launch Active Cryptocurrency ETF (TKNZ)

On July 15, the Financial Times reported that according to newly released court documents, stablecoin issuer Circle had banned the Tether-backed crypto fund Heka Funds at the end of 2023 due to suspicions of market manipulation through large-scale arbitrage operations, which allegedly helped Tether expand its market share. The documents revealed that during the 2023 Silicon Valley Bank (SVB) crisis, USDC briefly fell below its $1 peg. Heka continuously bought discounted USDC and redeemed it for cash from Circle. Circle believed that Heka's redemption scale far exceeded that of other market participants and suspected that the funds ultimately flowed to Tether to help expand its USDT market size. Arbitration documents also disclosed that Tether had invested approximately $800 million in Heka, accounting for about 75% of the fund's assets, and waived stablecoin minting fees. The arbitrator found that Heka did not fully disclose its relationship with Tether and was aware that such information would raise concerns for Circle. In 2024, Heka initiated arbitration due to the account ban, claiming approximately $49 million in lost profits. In February of this year, the arbitrator dismissed all of Heka's claims, determining that it acted maliciously and ordered it to pay Circle around $166,000 in legal and expert fees. Heka denied any market manipulation and stated that it had never been subject to regulatory investigation; Circle declined to comment, and Tether did not respond to media requests for comment.

[FT: Circle Previously Banned Tether-Backed Crypto Fund Account, Later Supported by Arbitration Ruling]On July 15, the Financial Times reported that according to newly released court documents, stablecoin issuer Circle had banned the Tether-backed crypto fund Heka Funds at the end of 2023 due to suspicions of market manipulation through large-scale arbitrage operations, which allegedly helped Tether expand its market share. The documents revealed that during the 2023 Silicon Valley Bank (SVB) crisis, USDC briefly fell below its $1 peg. Heka continuously bought discounted USDC and redeemed it for cash from Circle. Circle believed that Heka's redemption scale far exceeded that of other market participants and suspected that the funds ultimately flowed to Tether to help expand its USDT market size. Arbitration documents also disclosed that Tether had invested approximately $800 million in Heka, accounting for about 75% of the fund's assets, and waived stablecoin minting fees. The arbitrator found that Heka did not fully disclose its relationship with Tether and was aware that such information would raise concerns for Circle. In 2024, Heka initiated arbitration due to the account ban, claiming approximately $49 million in lost profits. In February of this year, the arbitrator dismissed all of Heka's claims, determining that it acted maliciously and ordered it to pay Circle around $166,000 in legal and expert fees. Heka denied any market manipulation and stated that it had never been subject to regulatory investigation; Circle declined to comment, and Tether did not respond to media requests for comment.

FT: Circle Previously Banned Tether-Backed Crypto Fund Account, Later Supported by Arbitration Ruling

On July 15, President Trump announced the abandonment of the previously proposed 20% toll on freight passing through the Strait of Hormuz, just about 24 hours after the proposal was made public. Trump stated that he has decided to replace the toll plan with trade and investment agreements with Gulf countries, and mentioned that he has communicated with Saudi Arabia, the UAE, Qatar, Kuwait, and Bahrain, who prefer to increase investments in the US rather than accept a toll on the Strait. US Energy Secretary Dan Brouillette later confirmed that the 20% toll is "no longer under discussion," and that no toll will be imposed on the Strait of Hormuz. Meanwhile, the US announced the resumption of its shipping blockade on Iranian ports and coastal areas, which officially took effect on Tuesday afternoon local time. The US Central Command stated that the US military has launched a new round of strikes against Iran to weaken its ability to attack commercial vessels in the Strait of Hormuz. Trump indicated that military actions against Iran will continue, threatening that if Iran refuses to return to the negotiating table, the US will strike Iranian power plants and bridges among other infrastructure next week, although energy facilities will be considered a "last target."

[Trump Abandons Strait Toll Plan, US Resumes Port Blockade on Iran and Expands Military Operations]On July 15, President Trump announced the abandonment of the previously proposed 20% toll on freight passing through the Strait of Hormuz, just about 24 hours after the proposal was made public. Trump stated that he has decided to replace the toll plan with trade and investment agreements with Gulf countries, and mentioned that he has communicated with Saudi Arabia, the UAE, Qatar, Kuwait, and Bahrain, who prefer to increase investments in the US rather than accept a toll on the Strait. US Energy Secretary Dan Brouillette later confirmed that the 20% toll is "no longer under discussion," and that no toll will be imposed on the Strait of Hormuz. Meanwhile, the US announced the resumption of its shipping blockade on Iranian ports and coastal areas, which officially took effect on Tuesday afternoon local time. The US Central Command stated that the US military has launched a new round of strikes against Iran to weaken its ability to attack commercial vessels in the Strait of Hormuz. Trump indicated that military actions against Iran will continue, threatening that if Iran refuses to return to the negotiating table, the US will strike Iranian power plants and bridges among other infrastructure next week, although energy facilities will be considered a "last target."

Trump Abandons Strait Toll Plan, US Resumes Port Blockade on Iran and Expands Military Operations

On July 15, according to on-chain analyst @ai_9684xtpa, smart money investor yixie10 (@yixie10), who previously profited over $6.5 million in the AI sector, faced a peak loss of $3.75 million on $SKHX but has now recovered. This morning, around 08:30, he closed a position of 1,572.55 coins, realizing a profit of $27,000, and the remaining 8,282 coins have also returned to break-even. Additionally, he holds $9.98 million in Micron ($MU) and $3.34 million in SanDisk ($SNDK), with an overall account loss of $90,000.

[Smart Money $SKHX Recovers from $3.75 Million Loss]On July 15, according to on-chain analyst @ai_9684xtpa, smart money investor yixie10 (@yixie10), who previously profited over $6.5 million in the AI sector, faced a peak loss of $3.75 million on $SKHX but has now recovered. This morning, around 08:30, he closed a position of 1,572.55 coins, realizing a profit of $27,000, and the remaining 8,282 coins have also returned to break-even. Additionally, he holds $9.98 million in Micron ($MU) and $3.34 million in SanDisk ($SNDK), with an overall account loss of $90,000.

Smart Money $SKHX Recovers from $3.75 Million Loss

On July 15, OpenAI's official status page indicated that its chatbot ChatGPT is currently experiencing a malfunction. The announcement on the page noted an 'increased error rate' for ChatGPT. OpenAI is investigating login issues reported by users and intermittent errors affecting the service.

[OpenAI Reports ChatGPT Malfunction]On July 15, OpenAI's official status page indicated that its chatbot ChatGPT is currently experiencing a malfunction. The announcement on the page noted an 'increased error rate' for ChatGPT. OpenAI is investigating login issues reported by users and intermittent errors affecting the service.

OpenAI Reports ChatGPT Malfunction

Watcher.Guru tweeted: "Ripple CEO says when all is set and done, the company will have spent over $100 million on legal fees fighting the SEC."

Detail

【Ripple will have spent over $100 million on legal fees fighting SEC】Watcher.Guru tweeted: "Ripple CEO says when all is set and done, the company will have spent over $100 million on legal fees fighting the SEC."

Ripple will have spent over $100 million on legal fees fighting SEC

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Ripple will have spent over $100 million on legal fees fighting SEC

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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