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Share link:In this post: Fidelity’s Solana ETF proposal has been delayed again as the SEC calls for public comments and further review. The SEC asked all SOL ETF issuers to revise and refile their applications by the end of July to include new guidance on staking and in-kind processes. Other firms like REX and Osprey are offering indirect Solana exposure through alternative ETFs.
Share link:In this post: Trump sent tariff letters to 14 countries warning of new U.S. import duties starting August 1. Tariff rates range from 25% to 40%, depending on the country and trade relationship. He warned that retaliation would lead to even higher U.S. tariffs on their goods.
Share link:In this post: Brazil’s President Lula strongly rejected U.S. tariff threats at the BRICS summit. Lula and other BRICS leaders emphasized the need for alternatives to the U.S. dollar in global trade. BRICS nations presented a united front, promoting multilateral cooperation and distancing themselves from U.S.-led economic pressure.
Share link:In this post: Tesla stock dropped 6.9% on Monday, losing over $68 billion in market value. Elon Musk announced plans to form a new political party called the “America Party.” Trump imposed new tariffs on 14 countries, worsening investor anxiety across markets.
- 01:22New Wallet Purchases Approximately $1 Million Worth of Hype at an Average Price of $39.2According to Odaily Planet Daily, OnchainLens monitoring shows that a newly created wallet address deposited 1 million USDC into Hyperliquid and purchased 25,507 HYPE tokens at a price of $39.2 each.
- 01:16A whale who made $13.6 million in profits on Hyperliquid opens a 40x short position on Bitcoin with a liquidation price of $116,510According to Jinse Finance, on-chain analyst Spot On Chain has monitored that a whale who previously made $13.6 million in profits on the Hyperliquid platform has returned to the market, opening a high-risk short position on Bitcoin. Over the past 19 hours, this whale deposited a total of 4 million USDC as margin and established a 40x leveraged short position of 1,097.47 BTC (approximately $118.8 million). The entry price was $107,926.6, with a liquidation price of $116,510. The current unrealized profit and loss (including funding rate) stands at +$1.176 million.
- 01:13Crypto advocacy group Stand With Crypto urges U.S. House to pass the Digital Asset Market Structure Clarity ActAccording to ChainCatcher, as reported by MetaEra, the crypto advocacy group Stand With Crypto, together with 65 organizations, is urging U.S. lawmakers to support the Clarity for Digital Assets Markets Act (Clarity Act). This bill aims to establish a clear regulatory framework for the crypto industry, clarify the division of oversight between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), and require digital asset companies to provide customer disclosures and segregate client funds. The bill is expected to enter the review process next week. In addition, Senate Banking Committee Chairman Tim Scott and Senator Cynthia Lummis released related legislative principles last month, and a digital assets hearing will be held on Wednesday. The letter specifically highlights the urgency of legislation, noting that the U.S. must establish a regulatory framework by the end of September to avoid falling behind in global competition.