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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

On July 15, BofA reported on July 14 local time that due to technological upgrades leading to the closure of old plants, South Korea's annual wafer production capacity growth will be less than 10%, far below the official target of doubling by 2030. SK Hynix's new memory capacity by 2028 may be only one-sixth of the original plan. Additionally, the construction and equipment installation period for the large wafer fabs being built by Samsung and SK Hynix in Gwangju and Jeollanam-do may extend to ten years.

[BofA: SK Hynix's New Capacity by 2028 May Be Only One-Sixth of Planned Amount]On July 15, BofA reported on July 14 local time that due to technological upgrades leading to the closure of old plants, South Korea's annual wafer production capacity growth will be less than 10%, far below the official target of doubling by 2030. SK Hynix's new memory capacity by 2028 may be only one-sixth of the original plan. Additionally, the construction and equipment installation period for the large wafer fabs being built by Samsung and SK Hynix in Gwangju and Jeollanam-do may extend to ten years.

BofA: SK Hynix's New Capacity by 2028 May Be Only One-Sixth of Planned Amount

On July 15, Ark Invest, led by Cathie Wood, increased its stake in Circle (CRCL) by approximately $13.9 million and purchased about $1.5 million in Block (XYZ) stocks. At the same time, Ark Invest reduced its holdings in Robinhood (HOOD) by around $3.2 million.

[Ark Invest Increases Stake in Circle by $13.9 Million, Reduces Robinhood by $3.2 Million]On July 15, Ark Invest, led by Cathie Wood, increased its stake in Circle (CRCL) by approximately $13.9 million and purchased about $1.5 million in Block (XYZ) stocks. At the same time, Ark Invest reduced its holdings in Robinhood (HOOD) by around $3.2 million.

Ark Invest Increases Stake in Circle by $13.9 Million, Reduces Robinhood by $3.2 Million

On July 15, CICC's research report stated that the U.S. June CPI adjusted month-on-month fell by 0.4%, and the year-on-year increase dropped to 3.5%; core CPI showed zero growth month-on-month and a year-on-year increase of 2.6%, both below market expectations. The decline in energy prices is the main reason for the cooling of inflation. Looking ahead, the situation between the U.S. and Iran has escalated again, creating volatility in the energy inflation outlook. Meanwhile, the inflationary effects of AI are gradually becoming apparent, with upstream hardware supply-demand mismatches, price increases in software and related products, and AI capital expenditure driving total demand potentially making core inflation stickier. Regarding policy, the cooling inflation in June supports the Fed's decision to maintain interest rates at the July meeting, but Waller's recent statements indicate that the Fed is reassessing the possibility of 'preemptive rate hikes.' We maintain our benchmark judgment of no rate hikes this year, but caution that the threshold for rate hikes has indeed decreased. Should one or two overheating inflation data points emerge, it could prompt the Fed to further discuss rate hike options.

[Institution: Maintains Benchmark Judgment of No Rate Hike by the Fed This Year, but Hike Threshold Has Decreased]On July 15, CICC's research report stated that the U.S. June CPI adjusted month-on-month fell by 0.4%, and the year-on-year increase dropped to 3.5%; core CPI showed zero growth month-on-month and a year-on-year increase of 2.6%, both below market expectations. The decline in energy prices is the main reason for the cooling of inflation. Looking ahead, the situation between the U.S. and Iran has escalated again, creating volatility in the energy inflation outlook. Meanwhile, the inflationary effects of AI are gradually becoming apparent, with upstream hardware supply-demand mismatches, price increases in software and related products, and AI capital expenditure driving total demand potentially making core inflation stickier. Regarding policy, the cooling inflation in June supports the Fed's decision to maintain interest rates at the July meeting, but Waller's recent statements indicate that the Fed is reassessing the possibility of 'preemptive rate hikes.' We maintain our benchmark judgment of no rate hikes this year, but caution that the threshold for rate hikes has indeed decreased. Should one or two overheating inflation data points emerge, it could prompt the Fed to further discuss rate hike options.

Institution: Maintains Benchmark Judgment of No Rate Hike by the Fed This Year, but Hike Threshold Has Decreased

According to U.Today, Gene Hoffman, chief operating officer at blockchain company Chia Network, has predicted that the U.S. Securities and Exchange Commission will defeat Ripple in a closely watched legal battle. "The only outcome is that a federal judge will rule that Ripple's sales of XRP made XRP a security," he tweeted. The former public company CEO says that federal judges are skeptical enough to know that most people bought XRP hoping "the number would go up." Hence, the arguments of Ripple and its supporters about the cryptocurrency's alleged utility likely won't fly.

Detail

【Chia Network COO claims Ripple will lose against SEC】According to U.Today, Gene Hoffman, chief operating officer at blockchain company Chia Network, has predicted that the U.S. Securities and Exchange Commission will defeat Ripple in a closely watched legal battle. "The only outcome is that a federal judge will rule that Ripple's sales of XRP made XRP a security," he tweeted. The former public company CEO says that federal judges are skeptical enough to know that most people bought XRP hoping "the number would go up." Hence, the arguments of Ripple and its supporters about the cryptocurrency's alleged utility likely won't fly.

Chia Network COO claims Ripple will lose against SEC

CASHCAT Market Cap Surpasses $100 Million! Robinhood Chain Goes Viral

Behind ANSEM's 300% Weekly Surge: The Recovery and Traps of Solana Meme Coins

Will Zcash’s ‘formal verification’ of Ironwood clear counterfeiting fears and boost ZEC?

Goldman Sachs Report Deconstructs the Competitive Landscape of China's AI Large Models: Who Will Be the Long-Term Winner?

Ethereum uses less power than British Museum – Here’s what changed

Despite $450 Million Increase in Cash, STRC Price Still Falls; It's Never Been About Money

Kraken’s CFTC-Regulated Perpetuals Push Could Change The US Derivatives Playbook

Chia Network COO claims Ripple will lose against SEC

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