1. Analyst: Bitcoin—Apparent demand has been almost consistently negative throughout the year, but has improved recently;
2. Nobel laureate: AI cannot replicate the era of rapid economic growth;
3. USDT will return to the Bitcoin network, and UTEXO will be natively issued via the RGB protocol;
4. Binance will adjust leverage and margin requirements for multi-contracts on July 10, 2026;
5. The South Korean government is considering extending its sovereign AI core GPU support program, with a budget of up to approximately 4 trillion won next year;
6. Sources: Saudi Arabia plans to expand an oil pipeline toward the Red Sea, bypassing the Strait of Hormuz to increase daily transport capacity by 2 million barrels;
7. After holding assets for five months, a major investor’s holdings have shrunk by 44%; the investor deposited 1,988 ETH into Bybit, which would result in a loss of $2.785 million if sold;
8. With a total position value of $126.8 million, a whale opened a 3x HYPE short position and is currently facing an unrealized loss of $3.3 million;
9. The former Chief Investment Officer of Tether plans to sell a portion of his 1.26% equity stake;
10. McKinsey survey: 76% of employees use AI to assist with their work; generative AI is reducing the demand for entry-level positions.
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Svmuu Evening Brief
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