x

The Hyper Foundation announced that it will provide approximately $10 million in grants to developers affected by the USDH exit, to cover migration costs and support an orderly transition of the ecosystem. This round of funding will be allocated to affected HIP-1 spot deployers, HIP-3 perpetual contract deployers, HyperEVM protocol, USDH:USDC cross-chain bridge, and other ecosystem participants.Among them, migration grants are aimed at teams migrating USDH-related markets or deployments to USDC; while exit grants are for projects that choose to terminate USDH-related businesses, with amounts lower than equivalent migration plans, to encourage a smooth conclusion of the ecosystem. HIP-1 and HIP-3 grants are based on auction deployment cost estimates, while HyperEVM grants are assessed based on the scale of USDH TVL affected. All beneficiaries must complete migration or business closure by the end of July.On the user side, USDH holders need to operate according to the guidelines of each protocol and can complete the exchange to USDC through the spot market or HyperEVM path. The official has provided support for asset conversion with no fees or spot trading channels. The Hyper Foundation also stated that the USDH migration is progressing smoothly, thanks to the active cooperation of developers and the community, and expressed gratitude to the relevant builders.

According to a report by crypto.news, Galaxy Digital CEO Mike Novogratz stated that the core reason for Bitcoin's recent decline is the "collapse of confidence triggered by Strategy." The issue lies not only in the price of Bitcoin itself but also in the growing concerns in the market regarding Strategy's financing model.As the largest publicly traded holder of Bitcoin globally, Strategy's stock and preferred securities have become key indicators for traders to measure Bitcoin market risk. Previously, the company's Bitcoin flywheel effect had come under pressure, with stock trading prices dipping below the value of its Bitcoin holdings, indicating that its long-reliant "premium stock issuance to repurchase Bitcoin" model is being challenged. Novogratz bluntly stated that STRC trading is weak, which should have been maintained around $100. Currently, Strategy's annual dividend obligation has risen to about $1.2 billion, and a decline in cash reserves has reduced the dividend coverage period to only about 14 months.Bitcoin is also facing pressure on a macro level. Novogratz summarized the current market logic as "a strong dollar means a weak Bitcoin," with hawkish central bank signals and a strengthening dollar suppressing demand for risk assets. From a technical perspective, the $59,000 to $60,000 range for Bitcoin has become a critical defense line, and if it breaks down, the downward space could open up to $45,000.Novogratz also admitted that the current situation is complex, with a 50-50 probability of a rebound or a deep correction. Outflows from ETF funds, weak liquidity, and cautious positioning in the options market further confirm the fragile market sentiment. Now, the health of Strategy's balance sheet, the performance of STRC prices, and cash positions have evolved from being company-level issues to becoming confidence signals for the overall Bitcoin market.

On-chain detective ZachXBT stated that during the migration from the traditional private messaging system to XChat, the X platform encountered multiple technical bugs. At the same time, the reliability of the platform's search function declined, affecting information retrieval efficiency. More importantly, the X platform's algorithm has a "traffic bottleneck" for cryptocurrency content, making it easier for content to be restricted within the cryptocurrency vertical, thereby reducing the ability to reach a broader audience.

Blockchain intelligence company AMLBot's monitoring data shows that recently Polymarket users on the Polygon network had approximately $3.1 million PUSD stolen due to a front-end malicious script intrusion.The attackers implanted a malicious script that induced users to sign authorization transactions (involving EIP-7702 delegated execution), resulting in the users' wallets being emptied. The stolen funds were then converted to USDC.e through Relay, bridged to Ethereum, and ultimately exchanged for ETH, which was concentrated in a designated address. Currently, about 1891.9 ETH is distributed across three new wallets.AMLBot pointed out that this attack is similar to the incident involving the 2024 1inch web application, where a wallet theft script was implanted in the Lottie Player library, both cases involved third-party scripts being compromised, leading to front-end contamination.

According to official news, the ForeGate supercomputing database, in collaboration with football legend Michael Owen, OneBullEx, OKX, and WEEX, has officially released the "ForeGate 2026 World Cup Winning Guide" match research report.This report focuses on the progress of the 2026 World Cup schedule in the US, Canada, and Mexico, conducting a systematic analysis of the qualification probabilities, advancement paths, championship probabilities, win-draw-loss trends, and betting tendencies of the 48 participating teams. The report combines the ForeGate AI prediction model with OKX data path simulations and continuously updates based on real-time match results, team conditions, and potential matchup changes. Currently, the comprehensive prediction accuracy of the related models has reached 93.8%, demonstrating strong data analysis capabilities in aspects such as match result response, point calibration, and advancement path judgment.ForeGate stated that during the World Cup, it will continuously update prediction content based on match results, team conditions, and model simulation results to help users understand the probabilistic logic behind schedule changes. Meanwhile, the ForeGate World Cup million-dollar prediction event is also in full swing, where users can participate in match predictions to share in the million-dollar rewards.As the World Cup schedule continues to progress, OneBullEx will combine the match data and related content from the report to keep a close eye on the dynamics of the matches, further enriching community participation and match discussions during the World Cup, providing users with more reference perspectives for observing match trends.

According to monitoring by Catcher Predict, in the market prediction on Polymarket for the event "Lexus Eastbourne Open: Zizou Bergs vs Ugo Humbert," the win probability for the sub-market "Lexus Eastbourne Open: Zizou Bergs vs Ugo Humbert" option "Zizou Bergs" has experienced significant fluctuations, rising from 16.5% an hour ago to the current 88.5% (a fluctuation of 72%). Please note the impact of relevant breaking news.

Jupiter Strategic Reserve Trust, Jupiter Litterbox Trust, increased its holdings by 177,570 JUP yesterday, worth approximately $39,000. This month, it has accumulated purchases of 13,346,232 JUP, worth about $2.93 million. So far, its total purchases amount to 142,703,464 JUP, worth approximately $31.4 million.Jupiter Strategic Reserve Trust is the official on-chain treasury fund of Jupiter, automatically transferring 50% of the revenue from the Jupiter protocol, continuously buying and holding JUP tokens in the open market through smart contracts, and is often humorously referred to by the community as the "Litterbox Trust."

According to on-chain analyst @ai_9684xtpa, a certain whale purchased 5.455 million USD worth of SK Hynix (SKHYNIX) on Binance.Market data shows that the SKHYNIX contract price on Binance briefly rose to 1830 USD and has now fallen back to 1786 USD.

According to Cointelegraph, CryptoQuant analyst Darkfost stated that the Bitcoin unspent transaction output (UTXO) data shows that the proportion of loss transactions to profit transactions in the current market has dropped to the lowest level of this bear market cycle, indicating that investors are entering a clear "surrender" phase.This indicator has previously triggered multiple times at historical cycle bottom areas. The last similar low occurred during the mid-2023 deep phase of the bear market, when the Bitcoin price briefly fell to around $26,000. Analysts believe that such phases usually correspond to extremely low market sentiment, with long-term investors gradually starting to accumulate again.Darkfost pointed out that this is the first time this signal has been triggered since the start of the current correction, indicating that the number of UTXOs sold at a loss is significantly increasing, reflecting a broader sell-off and surrender behavior that has begun. He also added that the spent output profit ratio (SOPR) of long-term holders' Bitcoin is gradually entering negative territory.

According to a report by Jinshi citing the Korea Times, the South Korean presidential office announced on Sunday that Samsung Electronics and SK Hynix will unveil significant investment plans on Monday during a meeting hosted by President Lee Jae-myung.The related investment will be announced at a briefing held at the Blue House at 2 PM KST (1 PM Beijing time) on Monday, aimed at introducing the "three major super projects" promoted by the government to achieve regional balanced development. A spokesperson added that the plan is jointly promoted by the departments of trade, technology, transportation, and energy. Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won will attend the event and participate in a discussion session with other attendees.Industry observers expect that these two chip manufacturers will invest more than 100 trillion won (approximately 65 billion USD) over the next decade, which may include the possibility of developing a chip industry cluster in the southwestern Hunan region. Lee Jae-myung referred to this investment on Saturday as a "historic achievement" and a policy initiative that could change South Korea's fate.

According to the latest daily trading disclosure information released by ARK Invest, Cathie Wood's ARK Invest spent $25.54 million on June 26 to purchase stocks of Coinbase, SpaceX, Circle, Bullish, and Robinhood.Among them, $10.19 million was spent on Coinbase stocks (68,366 shares); $7.01 million on SpaceX stocks; and $5.79 million on Circle stocks.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 17, up 3 points from yesterday. The average over the past 7 days is 17, and the average over the past 30 days is 16.

According to Coinglass data, if ETH breaks through $1,652, the cumulative short liquidation intensity on major CEXs will reach $503 million. Conversely, if ETH falls below $1,500, the cumulative long liquidation intensity on major CEXs will reach $370 million.

According to Coinglass data, if BTC breaks through $63,162, the cumulative short liquidation intensity on mainstream CEX will reach $786 million. Conversely, if BTC falls below $57,458, the cumulative long liquidation intensity on mainstream CEX will reach $710 million.

According to token unlocking data from the Crypto asset data platform RootData, Ethena (ENA) will unlock approximately 171.88 million tokens at 00:00 Beijing time on July 5, worth about 13.18 million USD.

According to CoinDesk, Tether stated that XAUT is backed 1:1 by physical gold stored in Swiss vaults, with each token corresponding to 1 troy ounce of gold, currently corresponding to approximately $23 billion in gold reserves.Ledn stated that the XAUT used by users for collateral will continue to be held at a 1:1 ratio and will not be lent out or used to generate income.

According to Onchain Lens monitoring, a newly created wallet withdrew 1,350 bitcoins (approximately 81.87 million USD) from Binance.

According to Onchain Lens monitoring, SharpLink Gaming has purchased another 29,196 ETH, worth 46.7 million USD.This address has accumulated a total purchase of 39,196 ETH in the past 3 days, with a total value of approximately 62.43 million USD.

According to Jinshi reports, Neuberger portfolio manager Joseph Purtell stated that in the short term, the dollar may continue to strengthen due to rising real interest rates in the United States. He believes the dollar is likely to break through the range of the past six to nine months, but added that in the long term, considering structural issues such as the sustainability of U.S. government finances, the dollar may weaken.

According to Coinglass data, if ETH falls below $1,511, the cumulative long liquidation intensity on mainstream CEX will reach $643 million. Conversely, if ETH breaks above $1,656, the cumulative short liquidation intensity on mainstream CEX will reach $562 million.