Planetary Noon Briefing

1. Tom Lee: Market pullback is an "extremely attractive" entry point; Bitmine purchased $84 million worth of Ethereum this week;

2. Virtual currency exchange merchants provide money laundering services for fraud gangs, Hefei police arrest suspects across provinces;

3. Polymarket Chief Legal Officer: Has filed a lawsuit against the state of Massachusetts in federal court;

4. Bloomberg: Traditional banking organizations oppose opening the Federal Reserve payment system to crypto and fintech companies;

5. Hyperliquid's year-to-date trading volume reaches $2.6 trillion, nearly double that of Coinbase;

6. Hong Kong Victory Securities has suspended cryptocurrency trading functions for users with Mainland China identity;

7. A whale deposited 1.22 million USDC into Hyperliquid and leveraged long positions on BTC, INTC, and AMD;

8. Bitcoin spot ETFs saw a total net inflow of $145 million yesterday, with Grayscale BTC leading with a net inflow of $131 million;

9. Ethereum spot ETFs saw a total net inflow of $57.0481 million yesterday, marking the first net inflow after three consecutive days of net outflows.