Odaily reported that on-chain investigator ZachXBT has released verification information, stating that crypto exchange AscendEX has officially announced its cessation of operations, and the platform's current liquid assets are almost insufficient to cover user withdrawal demands. According to the platform announcement, the shutdown is primarily due to market conditions and the EU MiCA regulatory framework. Starting July 1st, all services including account opening, trading, and deposits will be fully suspended, with only basic functions such as account inquiry and withdrawals remaining open. After July 6th, all withdrawal channels will cease automatic processing and switch entirely to manual review. The official team has candidly warned that withdrawals may be significantly delayed or even impossible to process.

ZachXBT’s investigation found that pending user claims amount to millions of dollars, yet the platform’s available liquid assets in hot wallets are severely insufficient. AscendEX is currently evaluating its financial status and a plan for handling user assets, with subsequent arrangements to be announced separately.

Odaily Odaily News Siiibo Securities, the operator of a Japanese corporate bond issuance and purchase platform, announced plans to change its name to "Kabushiki Kaisha Metaplanet Securities Inc. (Metaplanet Securities Inc.)" effective July 13, 2026, and officially join the Metaplanet Group.

Siiibo Securities stated that the name change is subject to approval at an extraordinary general meeting of shareholders. The company previously operated an online private placement bond issuance and purchase platform for emerging companies and individual investors under the mission of "creating free, transparent, and fair direct finance" and holds a Type I Financial Instruments Business license in Japan.

Upon joining the Metaplanet Group, Siiibo will further expand its business direction. It plans to leverage the parent company's experience in Bitcoin (BTC) asset management to develop and offer BTC-based financial products to individual investors, creating a "BTC × Finance" platform.

Established in 2019, Siiibo Securities currently operates an online securities platform focused on corporate bonds, offering private placement issuance and investment services. The platform has covered approximately 40 companies and over 100 bond products. After joining the Metaplanet Group, it will no longer be limited to the Venture Debt field but will explore innovative yield-generating products designed to meet diverse investor return needs.

Odaily Planet Daily News: Germany's foreign minister stated that the time has come for genuine negotiations between Iran and the United States, calling on both the US and Iran to de-escalate. Germany, along with other nations led by France and the UK, is ready to participate in mine-clearance operations in the Strait of Hormuz. Global oil reserves are not in a dangerous phase, and a suitable environment must be provided to clear mines from the Strait of Hormuz. We need to reach an agreement with Iran and Oman. (Jin Shi)

Odaily Odaily Stock Market Pre-Market Highlights Are as Follows:

1. All three major US stock index futures fell. Dow Jones futures fell 0.86%, S&P 500 futures fell 0.61%, and Nasdaq 100 futures fell 0.86%.

2. International oil prices surged. WTI crude oil futures rose 4.73% to $73.770 per barrel; Brent crude oil futures rose 4.80% to $77.721 per barrel. On the news front, Trump claimed the US-Iran Memorandum of Understanding was "terminated."

3. International spot gold and silver both fell. Spot gold fell 0.82% to $4,072.07 per ounce; spot silver fell 2.37% to $58.53 per ounce.

4. Europe's three major stock indices all declined. The UK FTSE 100 fell 1.04%, the French CAC 40 fell 1.73%, and the German DAX 30 fell 1.82%.

5. Apple plans to purchase over $30 billion worth of US-made chips from Broadcom over the next five years, which will drive the production of over 15 billion domestic chips.

6. Amazon is secretly developing a high-cost Alexa project named "MOONRAKER," with GPU spending expected to exceed $100 million in 2026.

7. Nvidia's market cap evaporated by $1 trillion in less than two months. Its price-to-earnings ratio based on expected earnings over the next 12 months is 18 times, with valuations falling back to levels before the AI hype began.

8. Samsung Electronics has begun mass production of the advanced solid-state drive PM1763 for Nvidia's Vera Rubin platform. This storage device can reduce data latency for advanced processors and AI accelerators.

9. "Woodie" Cathie Wood's ARK Invest made significant adjustments to its portfolio, increasing its stake in SpaceX and reducing its holdings in AMD.

10. Bezos' commercial space company Blue Origin is raising $10 billion in funding at a pre-money valuation of $130 billion.

11. The Federal Reserve will release the minutes of its June meeting at 2:00 AM Beijing time tomorrow, with the market watching for signals from the first minutes under the new leadership.

Odaily reported that the legal team of the Bank of Korea has published a research paper titled "Regulatory Proposals for Foreign Remittance Transaction Laws Targeting Stablecoins," offering recommendations for regulating large-scale stablecoin transactions. Citing South Korea's current foreign exchange management regulations, the paper outlines a framework for restrictions on stablecoin transfers of over $10,000 between individuals, requiring that such transactions only be conducted between officially certified wallets, along with a pre-declaration mechanism.

The institution acknowledged that fully controlling unregistered wallets presents technical hurdles. However, for anti-money laundering compliance purposes, it is necessary to strengthen restrictions on large-scale cross-border stablecoin flows. South Korean regulatory authorities have previously emphasized the need to improve monitoring systems for cross-border crypto asset transactions involving non-custodial wallets. This paper further refines and concretizes these control measures. (DigitalAsset)

Odaily reported that Jeremy Grantham, renowned investor, co-founder, and chief investment strategist at GMO, stated that the market might look back on the SpaceX listing in 50 years with a sense of "mockery," calling it "the most outrageous IPO in human history."

Grantham believes that SpaceX’s grand vision of "making humanity a multi-planetary species," coupled with the market’s current strong enthusiasm for the company, could be viewed by investors in the future as excessive optimism. "Everyone is lining up to tell you to buy the most outrageous IPO in human history. 50 years from now, people will quote paragraphs from the prospectus and laugh about it," he said.

Since SpaceX joined the Nasdaq-100, it has garnered significant institutional attention, but its stock price has faced pressure recently. Currently, SpaceX’s stock is down about 7% from its one-month high, hovering around $150, only slightly above its IPO target price of $135.

Wall Street institutions are divided on SpaceX’s future valuation. Morgan Stanley reportedly has given it a $300 price target, while Goldman Sachs analysts estimate a target of around $205. JPMorgan Chase believes that Elon Musk’s goal of achieving $1 trillion in revenue by 2031 is "theoretically achievable" but would require extremely strong execution capabilities.

Grantham also pointed out that one of SpaceX’s biggest risks is its heavy reliance on Musk’s personal leadership. He noted that Musk holds approximately 82% of the voting control, which serves as both a key driver of SpaceX’s culture and innovation capability, and a source of risk related to governance structure and leadership changes.

However, Grantham acknowledged that SpaceX’s inclusion in the Nasdaq index could generate additional buying pressure. He said that as a large amount of funds tracking the Nasdaq index are forced to allocate to SpaceX stock, market demand may exceed supply, thereby pushing the stock price up.

Nevertheless, he believes that in the long run, SpaceX still faces significant challenges. If the valuation logic for the company ultimately holds, the future world could undergo drastic changes driven by the development of artificial intelligence and automation technologies. Conversely, if expectations fail to materialize, this IPO would also become a landmark event in financial history. (Fortune)

Odaily reports, according to Onchain Lens monitoring, Justin Sun has been continuously staking ETH through Lido Finance. 23 hours ago, Sun staked an additional 13,000 ETH, worth approximately $23.08 million, bringing his total staked amount on Lido to 247,436 stETH, currently valued at around $430.2 million.

Data shows that since February 2023, this staking position has generated a total of 11,307 stETH in staking rewards, worth approximately $26.82 million. Based on the current yield level, Sun's annualized return on this position is approximately $9.5 million.

Odaily reports, according to MSX.COM data, US stock index futures have narrowed their losses. As of now, Dow Jones futures are down 0.88%, S&P 500 futures are down 0.61%, and Nasdaq 100 futures are down 0.84%. The Nasdaq 100 futures had previously fallen as much as 1.6%.

Odaily Planet Daily News Morgan Stanley reiterated its "Overweight" rating on Rocket Lab (RKLB), maintaining the price target at $105, but raising the most optimistic bull case price target from $185 to $293.

Morgan Stanley analysts believe that the acquisition of Iridium will broaden Rocket Lab's addressable market and reposition the company as a vertically integrated space platform. Although SpaceX holds significant scale and cost advantages over Rocket Lab, the latter is moving closer to the former's model.

Odaily reports that Binance Research has released an industry report titled "Stablecoins: Reshaping the Financial Landscape." The report shows that as of now, Binance's platform stablecoin reserves have reached $53 billion, with its market share increasing from 54% to 57%, surpassing the second-largest trading platform by approximately $42 billion.

Meanwhile, in the first five months of 2026, the cumulative trading volume of TradFi-related perpetual contracts exceeded $1.1 trillion, with Binance's volume surpassing $500 billion, accounting for approximately 47% of the market share. Additionally, since 2022, Binance Earn has distributed $1.2 billion in yields to over 14 million stablecoin users. BNB Chain processes 10 million daily stablecoin transactions, with 15 million monthly active addresses, holding a market share of approximately 24% by transaction count. The report points out that stablecoins are evolving from tools for crypto asset trading into crucial settlement infrastructure for global finance, and Binance has established a one-stop stablecoin financial ecosystem covering trading, payments, yields, investments, and on-chain activities.

Odaily reports: According to market sources, Blue Origin is raising $10 billion at a $130 billion valuation, with Jeff Bezos investing $2 billion.

According to the latest Bitfinex Alpha report, Strategy recently conducted its first large-scale Bitcoin sale, yet the market demonstrated strong resilience without any significant selling pressure. After dropping to a cycle low of $57,803 on July 1, Bitcoin began to rebound, and the trajectory for July has remained positive so far. This aligns with the view expressed in Bitfinex Alpha’s previous Issue 212 report, suggesting that the market may see a recovery this month.

Data indicates that Strategy may have executed BTC sales between June 29 and July 2, but during this same period, Bitcoin’s weekly price increase remained positive, rising approximately 10.5% from the cycle low. Additionally, on the last trading day of the previous week and the first trading day of this week, Bitcoin spot ETFs recorded consecutive daily inflows exceeding $200 million, ending a streak of 10 consecutive trading days of net outflows, which cumulatively totaled $2.73 billion.

June was a tough month for Bitcoin ETF capital flows. On a weekly basis, ETF net outflows persisted for nine consecutive weeks, with net redemptions in June alone reaching nearly $4.06 billion. However, these redemptions mainly reflect Authorized Participants (APs) returning ETF shares and a decline in passive fund demand, rather than large amounts of Bitcoin being immediately sold on-chain. At present, the market cannot fully determine whether investors have digested the recent changes in capital flows, but spot trading volumes have not fully reflected the impact of the earlier large-scale outflows. With shifts in ETF asset allocations and capital flows turning positive again, new variables may emerge in the Bitcoin market in July. Following a brief dip after the news of Strategy’s sale, Bitcoin’s price quickly stabilized, now returning to the lower range of the first-quarter trading zone and surpassing levels seen before the announcement. ETF flows have recorded net inflows for three consecutive trading days, with the $61,000 level emerging as a key battleground for market bulls and bears.

Currently, Bitcoin remains in a downtrend over higher timeframes, but the market structure is undergoing changes. Approximately 10.83 million BTC are now in an unrealized loss, while about 9.22 million BTC remain profitable. For the first time, the number of coins in loss exceeds those in profit. Historically, this phase typically indicates significant pressure on spot holders and often coincides with the formation of a bear market bottom. However, a true macro bottom still requires confirmation from key indicators, such as Bitcoin consistently reclaiming the current "True Market Mean" level of around $71,500.

While the current market environment dampens sentiment in the short term, it also creates conditions for long-term capital to absorb selling pressure. As long-term holders and some whales begin to re-accumulate, Bitcoin is transitioning from low-conviction holders to higher-conviction investors. The next two to three months may become an important window for confirming a phased bottom.

Odaily reported that BNB Chain has released its technology roadmap for the second half of 2026, announcing continued optimization around speed, throughput, and protocol stability. The network plans to double the throughput of the BSC mainnet again, while developing a next-generation Layer 1 architecture designed for the next decade.

BNB Chain stated that in the first half of 2026, BSC completed several performance upgrades, including reducing the block interval from 750 milliseconds to 450 milliseconds, decreasing Memory Finality time from 1125 milliseconds to 650 milliseconds, and increasing baseline throughput from approximately 2800 TPS to around 5200 TPS. At the middleware level, BNB Chain has also advanced AI agent and payment infrastructure development, including the launch of BNB Agent Studio and BNB Agent SDK to support autonomous on-chain AI agent deployment. It has also continued to refine the Middleware Payment Protocol (MPP) SDK and is exploring institutional-grade privacy frameworks.

For the second half of 2026, BNB Chain has outlined three core objectives:

Double throughput: Through BEP-675, BAL integration, and EVM execution optimizations, drive further performance improvements on the BSC mainnet, with a long-term goal of achieving a 10x overall performance increase for the BNB Chain ecosystem;

Mitigate network congestion impact: Enhance stability during peak periods through resource isolation, dedicated transaction channels, and a transaction inclusion mechanism based on the FOCIL concept;

Lower barriers to entry: Optimize gas fee structures for different industries to reduce costs for enterprises entering Web2 and Web3 application scenarios.

Odaily reported that BNB Chain is developing a new Layer 1 blockchain designed for Agentic Trading, releasing the first detailed architectural information after months of research and development. According to BNB Chain's disclosed technical roadmap for the second half of 2026, the new chain will run in parallel with the existing BNB Chain ecosystem, targeting transaction preconfirmation times of less than 50 milliseconds. The goal is to deliver an execution experience close to that of centralized exchanges (CEX) while retaining the advantages of on-chain self-custody and transparency.

In terms of technical architecture, the new chain will remove the traditional public mempool and introduce a transaction transmission mechanism called "TxStream," which directly sends transactions to block producers to reduce latency and minimize MEV extraction behaviors such as sandwich attacks. (The Block)

Odaily Odaily reports that Wall Street investment bank Bernstein has released its monthly report on the storage industry, indicating that the current storage bull market could extend into 2027, but the phase of rapid price increases has passed. Data shows that the average DRAM price surged 74% quarter-over-quarter in Q2, with strong support from server and mobile demand. Server DRAM and Mobile DRAM saw increases of over 60% and close to 80%, respectively; spot market server DDR5 supply remains tight. The institution forecasts that the DRAM price increase will moderate to 13%-18% in Q3, as weakening end-consumer electronics demand may gradually pressure the market.

The NAND market shows diverging trends, with wafer spot prices weakening. However, price increases for mobile and SSD storage drove overall contract prices up by 60%. Long-term contract lock-ins by AI cloud providers are a key cyclical variable. The investment bank maintains positive ratings on Samsung, SK Hynix, Micron, and SanDisk, while taking a cautious view on Kioxia. From the second half of 2027 into 2028, as capacity comes online and long-term contracts are fulfilled, storage prices are expected to gradually return to normal levels.

Odaily Odaily Odaily Planet Daily News According to Coinglass data, the Coinbase Bitcoin Premium Index has remained in negative territory for 51 consecutive days (from May 19 to the present), with the latest reading at -0.0923%. Previously, the index recorded a 40-day negative premium streak from January 16 to February 24 this year, which was the longest "consecutive negative" record since the indicator's launch, surpassing the approximately 30-day consecutive negative premium seen during the "1011 Crash". Historical data suggests that prolonged negative premiums often accompany the withdrawal of US institutional funds, and investors should be cautious of short-term pullback pressure.