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HTX data monitoring shows that XRP has dropped below 1.1 USDT, currently reported at 1.1 USDT, with a 24H increase of 3.39%.

【XRP falls below 1.1 USDT】HTX data monitoring shows that XRP has dropped below 1.1 USDT, currently reported at 1.1 USDT, with a 24H increase of 3.39%.

XRP falls below 1.1 USDT

On July 6, Vlad Tenev, the founder of Robinhood, stated during his appearance on 'The Master Investor' podcast that more and more people are beginning to realize that retail investors may actually be the true 'smart money.' In his view, institutional investors often focus excessively on macro indicators such as tariffs and interest rates, and may even sell fundamentally strong companies due to portfolio rebalancing. In contrast, retail investors tend to have a more straightforward logic—evaluating whether a company's operations are improving, whether its products are excellent, and whether revenue and profits are growing. For this reason, retail investors are sometimes better able to withstand short-term volatility and seize opportunities during market panic.

[Video | Robinhood Founder: The Real 'Smart Money' is Actually Retail Investors]On July 6, Vlad Tenev, the founder of Robinhood, stated during his appearance on 'The Master Investor' podcast that more and more people are beginning to realize that retail investors may actually be the true 'smart money.' In his view, institutional investors often focus excessively on macro indicators such as tariffs and interest rates, and may even sell fundamentally strong companies due to portfolio rebalancing. In contrast, retail investors tend to have a more straightforward logic—evaluating whether a company's operations are improving, whether its products are excellent, and whether revenue and profits are growing. For this reason, retail investors are sometimes better able to withstand short-term volatility and seize opportunities during market panic.

Video | Robinhood Founder: The Real 'Smart Money' is Actually Retail Investors

On July 15, renowned crypto KOL Ansem stated on social media that the continued popularity of meme coins in the market is due to their alignment with the internet behavior habits of ordinary users. While most people spend hours daily browsing social platforms like TikTok, Instagram, and X, they may only use banking apps for a few minutes each day, making meme coins more naturally appealing to user participation due to their connection with internet culture. Ansem pointed out that the success of Dogecoin was largely because it attracted users who would not typically buy stocks but were willing to purchase meme coins associated with familiar figures and internet culture. Once the asset scale becomes substantial, it further attracts institutional funds to participate in trading, creating a positive feedback loop. He believes that many traditional investors underestimate the younger generation's recognition of memes, internet culture, and content, while the crypto industry offers a unique way to bet on these social and cultural trends through tokenization. The future of the industry hinges on how to convert the traffic generated by retail investor attention into an ecosystem that can create long-term value, rather than merely relying on the popularity of memes.

[Ansem: Meme Coins Are the Core Entry Point for Retail Investors in Crypto, Next Key Step is to Establish Long-Term Value]On July 15, renowned crypto KOL Ansem stated on social media that the continued popularity of meme coins in the market is due to their alignment with the internet behavior habits of ordinary users. While most people spend hours daily browsing social platforms like TikTok, Instagram, and X, they may only use banking apps for a few minutes each day, making meme coins more naturally appealing to user participation due to their connection with internet culture. Ansem pointed out that the success of Dogecoin was largely because it attracted users who would not typically buy stocks but were willing to purchase meme coins associated with familiar figures and internet culture. Once the asset scale becomes substantial, it further attracts institutional funds to participate in trading, creating a positive feedback loop. He believes that many traditional investors underestimate the younger generation's recognition of memes, internet culture, and content, while the crypto industry offers a unique way to bet on these social and cultural trends through tokenization. The future of the industry hinges on how to convert the traffic generated by retail investor attention into an ecosystem that can create long-term value, rather than merely relying on the popularity of memes.

Ansem: Meme Coins Are the Core Entry Point for Retail Investors in Crypto, Next Key Step is to Establish Long-Term Value

On July 15, the U.S. Central Command stated: "At 10 PM Eastern Time on July 14, we completed another round of strikes against Iran, targeting dozens of military sites near the Strait of Hormuz and along the Iranian coastline. During this seven-hour operation, U.S. fighter jets, drones, and naval vessels launched precision-guided munitions at Iran's missile and drone positions, naval capabilities, and coastal defense systems, aiming to further diminish Iran's ability to threaten commercial shipping and civilian crews. This strike coincided with the U.S. military's resumption of maritime blockades on vessels traveling to and from Iranian ports and coastal areas, which took effect today at 4 PM Eastern Time. The U.S. military remains on high alert and maintains strong capabilities, ready to execute any actions ordered by the Commander-in-Chief of the Armed Forces." (Jinshi)

[US Military Completes New Round of Strikes Against Iran, Lasting 7 Hours]On July 15, the U.S. Central Command stated: "At 10 PM Eastern Time on July 14, we completed another round of strikes against Iran, targeting dozens of military sites near the Strait of Hormuz and along the Iranian coastline. During this seven-hour operation, U.S. fighter jets, drones, and naval vessels launched precision-guided munitions at Iran's missile and drone positions, naval capabilities, and coastal defense systems, aiming to further diminish Iran's ability to threaten commercial shipping and civilian crews. This strike coincided with the U.S. military's resumption of maritime blockades on vessels traveling to and from Iranian ports and coastal areas, which took effect today at 4 PM Eastern Time. The U.S. military remains on high alert and maintains strong capabilities, ready to execute any actions ordered by the Commander-in-Chief of the Armed Forces." (Jinshi)

US Military Completes New Round of Strikes Against Iran, Lasting 7 Hours

On July 15, the Korea Financial Investment Association announced that CEOs from ten major asset management companies in the country discussed investor protection measures for individual stock leveraged ETFs, including raising minimum deposit requirements and diversifying rebalancing trading times. According to a statement released by the association, participants unanimously agreed on the necessity to increase the minimum deposit requirement for investing in such leveraged products from the current level of 10 million won (approximately $6,714). They also emphasized the need to strengthen the role of liquidity providers as market stabilizers. The Korea Financial Investment Association cited data from the Korea Capital Market Institute, stating that since the launch of related leveraged ETFs, the estimated daily trading volume required for rebalancing is approximately 700 billion to 2.1 trillion won.

[Korean Brokers Discuss Raising Minimum Deposit Requirements for Leveraged Chip Stock ETFs]On July 15, the Korea Financial Investment Association announced that CEOs from ten major asset management companies in the country discussed investor protection measures for individual stock leveraged ETFs, including raising minimum deposit requirements and diversifying rebalancing trading times. According to a statement released by the association, participants unanimously agreed on the necessity to increase the minimum deposit requirement for investing in such leveraged products from the current level of 10 million won (approximately $6,714). They also emphasized the need to strengthen the role of liquidity providers as market stabilizers. The Korea Financial Investment Association cited data from the Korea Capital Market Institute, stating that since the launch of related leveraged ETFs, the estimated daily trading volume required for rebalancing is approximately 700 billion to 2.1 trillion won.

Korean Brokers Discuss Raising Minimum Deposit Requirements for Leveraged Chip Stock ETFs

On July 15, according to on-chain analyst Yu Jin, the one-year lock-up period for Pump.fun's team and investor tokens ended today, entering a three-year unlocking phase. The first unlock occurred early this morning, with 57.279 billion PUMP (worth $86.49 million) being unlocked and distributed to 121 wallets. Among them, the address GsM3...u6ya unlocked and transferred 52.039 billion PUMP (worth $78.58 million), while the address ESRc...ZM67 unlocked and transferred 5.24 billion PUMP (worth $7.91 million).

[Pump.fun Team and Investor Tokens Unlocked for the First Time, 57.2 Billion PUMP Distributed to 121 Wallets]On July 15, according to on-chain analyst Yu Jin, the one-year lock-up period for Pump.fun's team and investor tokens ended today, entering a three-year unlocking phase. The first unlock occurred early this morning, with 57.279 billion PUMP (worth $86.49 million) being unlocked and distributed to 121 wallets. Among them, the address GsM3...u6ya unlocked and transferred 52.039 billion PUMP (worth $78.58 million), while the address ESRc...ZM67 unlocked and transferred 5.24 billion PUMP (worth $7.91 million).

Pump.fun Team and Investor Tokens Unlocked for the First Time, 57.2 Billion PUMP Distributed to 121 Wallets

On July 15, Hyperliquid HIP-3 successfully completed the auction for the CXMT trading code, which was sold for 500 HYPE (approximately $32,600). The CXMT code corresponds to the Chinese memory chip manufacturer Changxin Storage, and it is expected to go live on Hyperliquid's IPOP market before its IPO on July 27.

[Hyperliquid HIP-3 Completes CXMT Code Auction, Selling for 500 HYPE]On July 15, Hyperliquid HIP-3 successfully completed the auction for the CXMT trading code, which was sold for 500 HYPE (approximately $32,600). The CXMT code corresponds to the Chinese memory chip manufacturer Changxin Storage, and it is expected to go live on Hyperliquid's IPOP market before its IPO on July 27.

Hyperliquid HIP-3 Completes CXMT Code Auction, Selling for 500 HYPE

According to monitoring by Beating, Tibo, the head of OpenAI's core products, stated that the active users of Codex and ChatGPT Work have reached 8 million. Previously, this number was 6 million and 7 million over the past two days. OpenAI has reset usage limits for all users and continues to lift the 5-hour usage cap. Users can utilize more capacity to experience GPT-5.6 Sol. Sam Altman described the growth of GPT-5.6 Sol as 'very crazy.' OpenAI is expanding its reasoning capacity, but there may be brief interruptions in the near future.

[Codex and ChatGPT Work Gain 2 Million Active Users in Two Days]According to monitoring by Beating, Tibo, the head of OpenAI's core products, stated that the active users of Codex and ChatGPT Work have reached 8 million. Previously, this number was 6 million and 7 million over the past two days. OpenAI has reset usage limits for all users and continues to lift the 5-hour usage cap. Users can utilize more capacity to experience GPT-5.6 Sol. Sam Altman described the growth of GPT-5.6 Sol as 'very crazy.' OpenAI is expanding its reasoning capacity, but there may be brief interruptions in the near future.

Codex and ChatGPT Work Gain 2 Million Active Users in Two Days

On July 15, the US June CPI came in below expectations, significantly cooling market expectations for short-term interest rate hikes by the Federal Reserve, which led to a rise in global risk assets. The South Korean KOSPI index quickly surged after the market opened on Wednesday, with intraday gains exceeding 7%, triggering the temporary suspension mechanism (circuit breaker) of the Korea Exchange. The KOSDAQ market also simultaneously activated its programmatic trading pause. Chip stocks became the main driving force of the market. SK Hynix's ADR soared 27% overnight in US markets, boosting its Korean stock price by approximately 10% on Wednesday. Market participants believe that with the listing of SK Hynix's ADR, the price linkage between US and South Korean markets has further strengthened, potentially leading to cross-time zone market volatility transmission. However, several institutions still caution that despite the inflation data alleviating concerns about a rate hike in July, escalating tensions in the Middle East, rising oil prices, and inflation pressures from AI investments may still limit the Federal Reserve's future policy space.

[US CPI Cooling Boosts Risk Assets, South Korea's KOSPI Surges Over 7% Triggering Circuit Breaker]On July 15, the US June CPI came in below expectations, significantly cooling market expectations for short-term interest rate hikes by the Federal Reserve, which led to a rise in global risk assets. The South Korean KOSPI index quickly surged after the market opened on Wednesday, with intraday gains exceeding 7%, triggering the temporary suspension mechanism (circuit breaker) of the Korea Exchange. The KOSDAQ market also simultaneously activated its programmatic trading pause. Chip stocks became the main driving force of the market. SK Hynix's ADR soared 27% overnight in US markets, boosting its Korean stock price by approximately 10% on Wednesday. Market participants believe that with the listing of SK Hynix's ADR, the price linkage between US and South Korean markets has further strengthened, potentially leading to cross-time zone market volatility transmission. However, several institutions still caution that despite the inflation data alleviating concerns about a rate hike in July, escalating tensions in the Middle East, rising oil prices, and inflation pressures from AI investments may still limit the Federal Reserve's future policy space.

US CPI Cooling Boosts Risk Assets, South Korea's KOSPI Surges Over 7% Triggering Circuit Breaker

According to Forkast, the court ruling in a lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against payments processor Ripple Labs Inc. will have minimal impact on the company’s global business expansion, Ripple’s APAC region policy director Rahul Advani said at a press conference in South Korea on Wednesday, according to local media reports.
Advani said 90% of Ripple’s business is outside of the U.S., with a large portion in the Asia-Pacific region, local media outlet Bloomingbit reported. Advani said the company has seen the biggest growth during the two years it has been involved in the legal battle with the SEC.
In December 2020, the SEC filed a lawsuit against Ripple, alleging the US$1.38 billion sale of XRP, the crypto token that powers Ripple’s payment and remittance network, constituted an illegal offering of unregistered securities.
Brooks Entwistle, Ripple’s managing director for the Asia Pacific, Middle East and North Africa, said at the same conference that the future of the cryptocurrency industry in the U.S. itself will be influenced greatly by the ruling in the SEC vs Ripple lawsuit.

Detail

【Ripple executives say XRP lawsuit ruling will have little impact on global business operations】According to Forkast, the court ruling in a lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against payments processor Ripple Labs Inc. will have minimal impact on the company’s global business expansion, Ripple’s APAC region policy director Rahul Advani said at a press conference in South Korea on Wednesday, according to local media reports.
Advani said 90% of Ripple’s business is outside of the U.S., with a large portion in the Asia-Pacific region, local media outlet Bloomingbit reported. Advani said the company has seen the biggest growth during the two years it has been involved in the legal battle with the SEC.
In December 2020, the SEC filed a lawsuit against Ripple, alleging the US$1.38 billion sale of XRP, the crypto token that powers Ripple’s payment and remittance network, constituted an illegal offering of unregistered securities.
Brooks Entwistle, Ripple’s managing director for the Asia Pacific, Middle East and North Africa, said at the same conference that the future of the cryptocurrency industry in the U.S. itself will be influenced greatly by the ruling in the SEC vs Ripple lawsuit.

Ripple executives say XRP lawsuit ruling will have little impact on global business operations

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Ripple executives say XRP lawsuit ruling will have little impact on global business operations

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