Arthur Hayes: I bet that Bitcoin will surpass $110,000 before retracing to $76,500

According to Bitget market data, South Korea’s KOSPI index opened 96.78 points lower on Tuesday (July 7), down 1.2% to 7954.55 points. Samsung Electronics fell 3%, while SK Hynix dropped 1%. Earlier reports indicated that Samsung released its Q2 performance preview, showing its operating profit surged over 1800% year-on-year, with quarterly earnings exceeding the sum of the previous three years. Meanwhile, the company’s revenue also rose 129% year-on-year to 171 trillion won.

According to GMGN monitoring data, Solana ecosystem meme coin ANSEM has hit a new all-time high market capitalization, peaking at $449 million, currently trading at $420 million, with a 24-hour trading volume of $51.5 million. BlockBeats Note: Meme coin trading is highly volatile, largely reliant on market sentiment and concept hype, with no actual value or practical use cases. Investors should exercise caution regarding the associated risks.

According to Onchain Lens monitoring, prominent ETH bull James Fickel transferred 20,000 ETH (valued at $36.19 million) from Coinbase Prime to a new wallet two hours ago. Earlier this June, prior reports noted, Fickel — a well-known Ethereum long bull and crypto investor — moved 10,000 ETH from a Coinbase custodial address to a deposit address, worth roughly $18.62 million at current prices, likely for subsequent trading operations.

According to on-chain data, Circle has minted an additional 250 million USDC on the Solana network. Year-to-date, it has minted a total of 64.78 billion USDC on Solana.

According to on-chain data from Visa, in the first half of 2026, Circle’s stablecoin USDC accounted for approximately 70% of adjusted stablecoin trading volume, further widening its lead over rival Tether’s USDT. In the same period, USDT held a roughly 25% share. The data shows adjusted stablecoin trading volume hit a record $1.79 trillion in June, up 63% from $1.1 trillion in May and 125% from around $795 billion in June 2025. When calculating adjusted trading volume, Visa excludes bot activity, exchange transfers, and other blockchain transactions that do not reflect genuine economic activity. The data release comes as banks and other financial institutions expand their use of stablecoins in payments, settlements, and fund management. Standard Chartered and BNY Mellon recently added services related to Circle’s USDC rather than building their own infrastructure, reflecting that amid rising activity and demand for fiat-pegged digital assets, financial institutions are increasingly leveraging established stablecoin networks. Adjusted stablecoin trading volume totaled $8.82 trillion in the first six months of this year, higher than the full-year 2024 figure of $5.8 trillion, but still roughly $2 trillion lower than the 2025 record of $10.8 trillion. In 2020, USDT once accounted for nearly 90% of adjusted trading volume, while USDC held less than 10%; by 2022, USDC’s share had risen to around 45%.

US President Donald Trump said: "Some short sellers are in deep trouble and are being liquidated. I have never liked short sellers because they are betting against the country."