24H熱門幣種與要聞｜聯準會維持利率不變；韓國承諾採取更多措施以穩定股市（7月30日）
- 核心觀點：聯準會維持利率不變但內部升息壓力升溫，韓國加強股市監管，科技巨頭（微軟、Meta）財報展示AI業務增長與成本壓力，幣安、Robinhood等平台積極擴張加密及預測市場業務，第二季加密融資總額達128.6億美元。
- 關鍵要素：
- 聯準會將基準利率維持在3.50%-3.75%，為連續第五次會議按兵不動，但有三名票委反對並主張升息，為2016年以來首次。
- 韓國財政部將採取限制槓桿ETF交易等措施以穩定股市，JP摩根稱韓股槓桿ETF平倉過程已完成。
- 微軟Q4營收900億美元超預期，Azure雲收入增速達43%且年收入首破千億美元。
- Meta Q2營收創紀錄但淨利潤低於預期，因AI成本擔憂盤後股價跌逾6%，年度資本支出指引下限上調。
- 2026年Q2加密行業融資及併購總額達128.6億美元，季增約45%，其中債務融資達43.6億美元，成為第二大來源。
- Bernstein將Circle目標價從190美元下調至140美元，但預計到2035年穩定幣總供應量將達4兆美元，Circle約占30%份額。
- 幣安bStocks總資產管理規模突破5.9億美元，超越xStocks成為鏈上股票資產賽道規模最大的產品。
1. Popular Coins on CEX
Top 10 CEX Trading Volume and 24h Change:
- BTC: +0.69%
- ETH: +0.14%
- SOL: +0.67%
- SNDKB: -3.16%
- XRP: -0.2%
- VANA: -14.47%
- BANK: +10.00%
- SKHYB: +2.16%
- XRP: -0.4%
- VANA: -14.6%
24h Gainers List (Data source: OKX):
- ACH: +19.51%
- ASP: +18.9%
- RE: +14.6%
- AEON: +10.15%
- SENT: +6.98%
- xMSFT: +6.61%
- FLOW: +6.48%
- PROS: +6.32%
- SSV: +5.67%
- AGLD: +5.27%
24h Crypto-Stock Gainers List (Data source: msx.com):
- EDU: 15.18%
- SOXS: 14.55%
- CONI: 9.25%
- SNOW: 9.11%
- BWET: 8.38%
- MSFT: 8.05%
- MDB: 7.53%
- TSLQ: 7.59%
- NVDQ: 6.9%
- INTU: 6.73%
2. Popular On-chain Meme Coins (Data source: GMGN):
- Solana: Fauci, Jimothy
- BSC: HEYI, MarsCoin
- Robinhood: CASHCAT, MarketCat
Headlines
Federal Reserve Holds Interest Rates Steady
Odaily Planet Daily News The Federal Reserve decided to keep the benchmark interest rate unchanged at 3.50%-3.75%, marking the fifth consecutive meeting with no change in policy. (Jin Shi)
Three Dissenting Votes Emerge, Signaling Growing Pressure for Rate Hikes within the Fed
Odaily Planet Daily News In this rate decision, three out of the five regional Federal Reserve Bank presidents who are voting members of the FOMC cast dissenting votes: Cleveland Fed President Hammack, Minneapolis Fed President Kashkari, and Dallas Fed President Logan. All three advocated for a 25 basis point rate hike. This marks the first time since September 2016 that the Federal Reserve has seen three unanimous dissenting votes in the same policy decision, reflecting growing internal support for tightening policy.
Fed Chair Warsh, who supported maintaining the rate, has consistently emphasized the Fed's responsibility to curb inflation. He is expected to be asked during his press conference at 2:30 AM Beijing time why he believes continuing to exercise patience remains the most appropriate policy option at this time. (Jin Shi)
Odaily Planet Daily News South Korea's Ministry of Finance stated that the government commits to taking additional measures to stabilize the stock market. It will implement measures to restrict leveraged ETF trading, limit retail investors' exposure to leveraged ETF investments, and maintain a 24-hour stock market monitoring system. (Jin Shi)
Odaily Planet Daily News JP Morgan released a report indicating that the liquidation process for Korean stock leveraged ETFs is complete, and hedge funds have achieved 90% deleveraging. Although there may be some aftershocks in the coming days, the overall situation has become attractive for investment.
Dan Bin: You Must Be Brave to Buy During Sharp Drops, I Just Fired All My Remaining Ammunition
Odaily Planet Daily News Today, Dan Bin stated on Xueqiu, "You must be brave to buy during sharp drops; I just fired all my remaining ammunition." Earlier, he had posted, "The 2x leveraged ETF on SK Hynix is currently down 25.72%. Leveraged tools can amplify gains, but they can also multiply risks. When the tide goes out, the cruelty of market fluctuations becomes clearer. This shows that such leveraged products require extra caution."
Dan Bin believes that SK Hynix has become one of the symbolic companies of this AI cycle's phase. Given the current pace of adjustment, the short-term direction will likely become clear soon. Of course, over a longer time horizon, only companies with continuously improving supply-demand dynamics and steadily enhancing profitability can navigate through cycles.
Industry News
South Korean Politicians Attack Government Over 2x Leveraged ETFs
Odaily Planet Daily News Bloomberg ETF Analyst Eric Balchunas posted on X, stating that during a hearing, South Korean People Power Party lawmaker Lee Jongwook told Koo, "This country has turned into a casino. These products should never have been allowed into the market. I consider this a policy failure."
Eric Balchunas noted that South Korean politicians are using the 2x leveraged ETF issue to attack the government, but the real cause of the bubble and correction was the AI boom generating massive interest in memory chip manufacturers; the 2x leveraged ETF was merely a tool to gain exposure. He also suggested that South Korea might not be the best market for 2x single-stock ETFs, given the insufficient liquidity of the underlying stocks, making derivative products more prone to negatively impacting the underlying assets.
Samsung Electronics Q2 Chip Profits Beat Estimates, Expects Strong Demand for AI Server Chips in H2
Odaily Planet Daily News Samsung Electronics reported a second-quarter net profit of 71.3 trillion Korean Won, exceeding the market estimate of 68.5 trillion Korean Won. The chip division's operating profit was 89.2 trillion Korean Won.
Samsung Electronics' second-quarter operating profit was 89.4 trillion Korean Won, in line with its previous estimate; revenue was 171 trillion Korean Won, also meeting expectations.
Samsung Electronics stated that demand for server chips will remain strong in the second half of the year, and the chip supply shortage is expected to persist. Meanwhile, the memory business is expected to benefit from continued AI infrastructure capital expenditure and broader demand for autonomous AI applications.
The company noted that demand for mobile and PC chips is expected to slow down, and the memory business still faces uncertainties in the second half. Additionally, Samsung plans to increase its smartphone market share in H2, and its foundry business is expected to achieve double-digit revenue growth this year. (Jin Shi)
Odaily Planet Daily News Microsoft (MSFT.O) reported strong growth in its cloud business and an increase in paying AI users, while investors remain closely focused on whether the tech giant's spending on data centers will yield returns. Microsoft's fourth fiscal quarter earnings per share were $4.81, up from $3.65 a year ago and above Wall Street's estimate of $4.24; quarterly revenue reached $90 billion, surpassing the estimated $87.6 billion and up 18% year-over-year. Azure remains one of the most closely watched indicators by investors, seen as a barometer for overall AI demand. Microsoft CEO Satya Nadella stated, "Azure revenue surpassed $100 billion for the first time, and paid seats for Microsoft 365 Copilot exceeded 30 million, reflecting customer confidence in our ability to drive their AI transformation." Microsoft's Azure cloud business generated $39.3 billion in revenue in Q4, growing 43%, above the estimated 40%. Microsoft's stock rose 4% in after-hours trading. The stock has fallen approximately 18% year-to-date. (Jin Shi)
Meta Posts Record Revenue, but AI Costs Weigh on Share Price
Odaily Planet Daily News Meta Platforms (META.O) reported record high revenue for its second fiscal quarter, but the company's update on AI spending plans raised investor concerns about its infrastructure construction costs. Meta slightly raised the lower end of its annual capital expenditure guidance from $125 billion to $130 billion, leaving the upper end unchanged at $145 billion. Its second-quarter revenue was $60.8 billion, up 28% year-over-year, but net profit was $15.8 billion, below analyst expectations. As a result, Meta's stock fell over 6% in after-hours trading. To catch up in the AI race, Meta has invested tens of billions of dollars in chip procurement, data center construction, and top talent recruitment, and recently partnered with BlackRock to raise at least $12 billion to build a data center in Texas. Meta's second-quarter free cash flow was $784 million. (Jin Shi)
CME Plans to Launch Futures Linked to Sporting Events as a New Hedging Tool
Odaily Planet Daily News The Chicago Mercantile Exchange (CME) is planning to launch futures and options contracts linked to professional and college sporting events. The exchange is partnering with emerging index provider FutureSports, whose products will provide the underlying support for these new CME instruments. The statement indicated that the first batch of sports futures contracts will be cash-settled, with monthly and quarterly expirations, and could begin trading as early as this summer, pending regulatory approval.
CME CEO Terry Duffy said in a statement, "This is not just a new product; it's about introducing genuine price discovery mechanisms and risk management standards to an industry in dire need of change." Futures contracts are common in global financial markets, with underlying assets including stock indices and commodities. If approved, this would be a first for the sports industry. (Jin Shi)
Odaily Planet Daily News Benchmark Partner Chetan Puttagunta posted on X, expressing confusion over Anthropic's public call for stricter regulation of AI model distillation. He stated that Anthropic is currently a company valued at approximately $1 trillion with vast technical and financial resources. At the scale Anthropic describes, so-called "large-scale distillation attacks" should theoretically be easier to identify and track. If Anthropic chooses to restrict related behavior, the real cost might not be a lack of technical capability, but rather sacrificing some API revenue. "The only cost seems to be a reduction in related API business revenue."
Previously, Anthropic and other AI companies have been focusing on the issue of model distillation. Model distillation typically involves using the output of a large model (teacher model) to train another model (student model), reducing costs and improving efficiency. Some AI companies fear that competitors might extensively call APIs to obtain model outputs for training their own models, bypassing original R&D investments. Puttagunta's view is that the controversy surrounding model distillation in the AI industry fundamentally involves balancing commercial interests, open competition, and intellectual property protection. For leading AI companies, finding a balance between protecting core technology and maintaining an open ecosystem will be a key issue in future industry competition.
Robinhood Q2 Net Revenue of $1.31 Billion Beats Estimates, Lowers Full-Year Expense Guidance
Odaily Planet Daily News Robinhood reported its second-quarter 2026 financial results, with net revenue of $1.31 billion, up 32% year-over-year, exceeding analyst estimates of $1.28 billion. Net profit was $573 million, up 48% year-over-year; diluted earnings per share were $0.62, up 48% year-over-year.
The report showed Robinhood's adjusted EBITDA was $741 million, up 35% year-over-year, beating market expectations of $629 million. The company's net deposits reached a record $21.7 billion; Gold subscribers grew to 4.8 million, up 39% year-over-year.
By business segment, Robinhood's cryptocurrency revenue was $100 million, exceeding the market estimate of $86.6 million; options revenue was $342 million, up 29% year-over-year; average revenue per user (ARPU) reached $187, up 24% year-over-year.
The company expects full-year 2026 adjusted operating expenses and stock-based compensation to be between $2.675 billion and $2.775 billion, below previous guidance and market expectations. During the period, Trump account registrations exceeded 7 million, with deposits nearing $1.5 billion; the Robinhood Chain mainnet launched, the company obtained a Singapore Capital Markets Services license, and completed the acquisition of WonderFi.
Binance.US to Apply for CFTC License Next Month, Plans to Launch Prediction Market
Odaily Planet Daily News Fox Business crypto reporter posted on X that Binance.US CEO Stevie Satoshi stated that Binance.US plans to apply for a Designated Contract Market license from the CFTC next month, with the goal of offering prediction markets to its customers.
Project News
Bernstein Adjusts Circle Target Price from $190 to $140, Determines Open USD Threat Will Ease
Odaily Planet Daily News Bernstein lowered its price target for Circle from $190 to $140 while maintaining an Outperform rating. Analyst Gautam Chhugani stated that the Open USD consortium, supported by over 140 institutions including Visa, Mastercard, and Stripe, poses a lower threat to Circle than market expectations. As of July 28, Circle's closing price was $64.32.
Ending USDC supply for Q2 was approximately $73 billion, down from $77 billion in Q1, while average supply rose to about $76 billion. The average SOFR rate in Q2 fell to 3.62%, and the reserve return rate dropped to 3.46%, resulting in reserve income rising to approximately $655 million. USDC balances on Hyperliquid increased from $5 billion in mid-May to over $6 billion, generating approximately $210 million in annualized gross reserve income, of which about $190 million was directed to the exchange under a revenue-sharing agreement.
Bernstein lowered its year-end 2026 USDC supply forecast by 37% to $83 billion, and its 2028 forecast to $170 billion; its 2026 adjusted EBITDA forecast was cut by 12% to $602 million, and its EPS forecast was reduced from $1.98 to $0.92. However, the firm projects that total stablecoin supply will reach $4 trillion by 2035, with Circle holding approximately 30% market share. Additionally, Circle received final OCC approval to establish Circle National Trust in July. (The Block)
Binance bStocks Total AUM Surpasses $590 Million, Overtaking xStocks
Odaily Planet Daily News Dune data shows that the total Assets Under Management (AUM) for bStocks has reached approximately $599 million, surpassing the AUM of xStocks at around $589 million. The data
