Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

According to CCTV Finance, industry insiders said that in the memory chip sector, every time the industry enters a boom cycle, manufacturers tend to ramp up production capacity in sync, leading to a concentrated release of new capacity, plummeting prices, and the entire industry falling into losses. Subsequently, manufacturers collectively slash capital expenditures (CapEx), and when demand rebounds, another boom cycle arrives—this cycle forms the industry’s unique cyclical pattern. Since US-listed memory chip stocks hit their peak in late June, news such as Meta selling off computing power has sparked market concerns over computing power oversupply, dragging memory chip stocks into a broad correction. Data shows that leading players including SanDisk, Micron Technology, Seagate Technology, and Western Digital have all seen their stock prices drop by over 20% in the past several weeks. Analysts noted that the underlying logic supporting memory chip demand is currently facing reassessment, with the core variable being whether the technological gap between various AI large models will continue to narrow. They also pointed out that the memory chip industry is undergoing profound changes in its business model: in the past, storage was more like a commodity, with prices fluctuating with market conditions and contracts mostly being quarterly or annual; now, to secure critical supplies, cloud providers and AI data centers are increasingly signing long-term supply agreements with original manufacturers that span 3 to 5 years, include price ranges, minimum purchase quantities, and customer deposits.

Galaxy Research Head Alex Thorn posted on social media that the Bitcoin Policy Institute (BPI) has formally filed a motion with the court to intervene in the high-profile "Noah Doe" case and participate in the litigation as a defendant. BPI stated that its application is submitted in accordance with relevant provisions of New York State's Civil Practice Law and Rules, and no similar application on this matter has been filed with any court before. According to the submitted documents, BPI comprehensively denies all main allegations in the plaintiff’s complaint in its proposed answer, only acknowledging that the plaintiff is seeking a declaratory judgment through this case. For other allegations, BPI either denies them or states it lacks sufficient information to form a judgment. BPI also introduced that the organization was founded in 2021, is a non-partisan, non-profit organization headquartered in Washington D.C., U.S., focusing on researching the policy and social impacts of Bitcoin and emerging currency networks, and conducts independent research free from influence from industry players such as cryptocurrency companies or trading platforms. The case has drawn significant market attention as it involves an anonymous individual attempting to obtain ownership of a large amount of Bitcoin allegedly belonging to Satoshi Nakamoto through legal proceedings. With BPI’s application to intervene as a defendant, the organization stated it will oppose the plaintiff’s claims and push the court to dismiss the entire lawsuit.

，据 Onchain Lens 监测，与同一巨鲸关联的 11 个钱包地址在过去 24 小时内累计买入 1.299 万亿枚 PEPE，总价值约 358 万美元。

Serenity published a post expressing a contrarian view: If Sam Altman and OpenAI have managed to anger all seven major tech giants including Apple, that’s exactly proof he’s on the right track. OpenAI’s choice to build its own ecosystem instead of being absorbed into the existing ecosystems of Apple, Microsoft or Google comes at a time when Google, Apple, Microsoft and other firms haven’t faced a true disruptor in a long while, Serenity noted. The remarks highlight the delicate coopetition between OpenAI and big tech. Recent collaboration between Apple and OpenAI on AI feature integration was viewed as a sign of mutual reliance, but OpenAI’s refusal to become a vassal of the giants’ ecosystems and its commitment to an independent path—even if it irks the major players—represents the true hallmark of a disruptor.

Iran’s Supreme Leader Mojtaba Khamenei stated in a written address on July 11 that Iran will continue to adhere to the political line of late Supreme Leader Ali Khamenei, safeguard the country’s independence and sovereignty, and will not alter its established policy direction following the death of the leader. He once again identified the United States and Israel as responsible parties for the killing of the late Supreme Leader and other victims, noting Iran will continue to pursue accountability and emphasized it will take retaliatory action. He added that holding those responsible for the victims accountable is a common demand of the Iranian people, a goal that will not change amid leadership shifts. (CCTV International News)

According to VandaTrack data, retail investors net purchased $130 billion worth of U.S. stocks over the past month, marking the lowest level since 2020. Since the start of 2026, monthly net purchases by retail investors have dropped by $180 billion, a 58% decline. Meanwhile, net purchases of individual stocks fell by $80 billion, a 71% drop to $32 billion, also the lowest level since the first quarter of 2020. That said, retail investors’ total holdings still hit a record high of $500 billion, doubling from mid-2024. Currently, retail investors are selling stocks almost as aggressively as they are buying, which has compressed net purchases. Retail trading activity in the market is cooling down.