Michael Saylor once again released Bitcoin tracker data, potentially signaling another BTC accumulation.

CryptoQuant analyst Darkfost stated in a recent post that stablecoin reserves on Binance and Bybit have been steadily declining, with a combined outflow of more than $2.3 billion over the past 30 days, a trend reflecting insufficient new liquidity in the crypto market. Binance’s stablecoin reserves decreased by roughly $1.55 billion in that period, while Bybit’s fell by approximately $786 million, bringing the total outflow from the two major exchanges to nearly $2.3 billion. Bitcoin has been fluctuating around the key $60,000 level for about 165 consecutive days; although it briefly surged past $80,000 in May, the upward momentum could not hold. The current market lacks new capital inflows, with weak new demand for both BTC and the overall crypto sector. Exchange stablecoin reserves have been on the decline since the start of the year, with outflows dominating, signaling that investors are reducing their fund allocations to exchanges, and some capital may even be exiting the market. Liquidity contraction and cautious market sentiment have become major obstacles for BTC to break out of its current trading range.

According to Bitget market data, Zhipu (02513.HK) fell more than 13% and MINIMAX-W (00100.HK) dropped over 4%.

Southern’s 2x Long SK Hynix (07709.HK) and Southern’s 2x Long Samsung Electronics (07747.HK) both opened 15% higher.

According to South Korean media reports, the Financial Services Commission, Bank of Korea, Financial Supervisory Service, and Korea Securities Depository have jointly announced relevant plans, aiming to transform the South Korean won from a restricted-convertible currency to a freely convertible one and improve the cross-border capital flow system. Under the framework of the Digital Asset Basic Act, the South Korean government intends to clarify the issuance and circulation rules for KRW-denominated stablecoins, providing an institutional basis for the entry of KRW-pegged stablecoins into the market. Furthermore, the Bank of Korea will advance a pilot project combining institutional central bank digital currencies (CBDCs) with tokenized government bonds, and participate in the Bank for International Settlements (BIS)-led Project Agora to explore a digital cross-border payment system.

According to Lookonchain’s monitoring, Polymarket user gud.hl bought 12.354 million "Argentina to win the 2026 FIFA World Cup" prediction shares at an average cost of roughly $0.10, investing approximately $1.23 million. Should Argentina lift the 2026 World Cup trophy, this position would generate a maximum profit of around $12.35 million. However, amid shifting market expectations, the current price of these shares has fallen to about $0.001 apiece, leaving the position worth only approximately $6,177, a cumulative loss of roughly $1.223 million, or a 99.5% drop.

Global semiconductor stocks have plunged sharply recently, with securities analysts noting that the price declines have far exceeded levels reflected by fundamentals. Lee Jaeman, a researcher at Hana Securities, stated: "Even when factoring in market concerns about the cyclical volatility of semiconductors, the recent sharp plunge in stock prices appears excessive." The researcher pointed out: "We believe the catalyst for a rebound in semiconductor companies' stock prices will be the financial results to be released successively by U.S. hyperscale cloud service providers starting from late July." He added: "The combined capital expenditure growth rate of Alphabet, Microsoft, Meta, and Amazon is projected to rise from 80% in Q1 2026 to 83% in Q2 and 92% in Q3." He also said: "Given the growth in investment demand, semiconductor companies can sustain high operating profit margins." (Jinshi)