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According to SoSoValue data, during this week's trading days (Eastern Time June 29 to July 2), Bitcoin spot ETFs experienced a net outflow of $527 million. The Bitcoin spot ETF with the highest net outflow this week was BlackRock ETF IBIT, with a weekly net outflow of $773 million, and the historical total net inflow for IBIT currently stands at $59.99 billion.The second highest was Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $27.6866 million, and the historical total net outflow for GBTC currently stands at $27.17 billion. The Bitcoin spot ETF with the highest net inflow this week was Ark & 21 Shares ETF ARKB, with a weekly net inflow of $10.2 million, and the historical total net inflow for ARKB currently stands at $1.26 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $74.37 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.02%, and the historical cumulative net inflow has reached $51.08 billion.

The Bank of Busan (BNK Busan Bank) completed a pilot for the Korean won stablecoin infrastructure on Kaia Chain.This PoC (Proof of Concept) was jointly participated by K-STAR Alliance partners AhnLab Blockchain Company, Lambda256, and Open Asset. The test results showed a transaction success rate of 100%, with processing times under 1 second.

According to SoSoValue data, the overall cryptocurrency market is on an upward trend, with the CeFi sector performing strongly, rising 2.74% in 24 hours. Among them, Binance Coin (BNB) increased by 3.19%, and Bitget Token (BGB) rose by 1.01%. At the same time, Bitcoin (BTC) increased by 1.21%, breaking through $63,000; Ethereum (ETH) rose by 1.26%, approaching $1,800.In other sectors, the DeFi sector rose 2.41% in 24 hours, with Lighter (LIT) increasing by 18.06%; the Layer1 sector rose by 2.15%, with Canton Network (CC) increasing by 4.5%; the Meme sector rose by 1.38%, with Pump.fun (PUMP) increasing by 7.83%; the PayFi sector rose by 1.12%, with Ultima (ULTIMA) increasing by 11.19%; the Layer2 sector rose by 0.21%, with Starknet (STRK) increasing by 1.94%. In addition, the NFT sector fell by 0.93%, with Pudgy Penguins (PENGU) decreasing by 2.81%.

According to CryptoQuant data, the capital efficiency of Bitcoin in each bull market cycle is significantly decreasing. In the 2011 cycle, approximately $2.8 billion in net inflows drove a rise of about 55,000%; in 2015, about $69 billion corresponded to nearly 10,000%; in 2018, about $365 billion corresponded to about 2,000%; and in this cycle since 2022, about $697 billion has only produced a 689% return.In 2011, about $5 million in new funds could double the price of Bitcoin, while this cycle requires about $101 billion. CryptoQuant founder Ki Young Ju stated that this means Bitcoin needs to become a core macro asset rather than just a retail-driven ETF trade. The next parabolic market needs to attract over $1 trillion in new funds, far exceeding the current level of institutional adoption. However, this argument faces real challenges: the U.S. spot Bitcoin ETF has seen record outflows in the past month, Bitcoin ended the first half of the year at a loss, and retail funds are withdrawing rather than institutional funds accelerating inflows.

According to a report by Reuters, benefiting from the ongoing tight supply of memory triggered by the rapid development of AI and a significant increase in chip prices, Samsung Electronics' operating profit for the second quarter of this year is expected to surge approximately 18 times year-on-year, reaching about 86 trillion won (approximately 56.35 billion USD). This will mark the company's third consecutive quarter of setting a historical high for operating profit. Analysts point out that, in addition to high bandwidth memory (HBM), the popularity of complex applications such as Agentic AI has also greatly driven strong demand for traditional DRAM and NAND products, and it is expected that the supply-demand imbalance in the memory market will last at least until next year.Despite the strong performance expectations, analysts warn that due to Samsung's previous agreement to allocate 10.5% of the operating profit from its semiconductor division as special bonuses for employees to avoid strikes, the timing of this substantial reserve may cause the actual reported profit for the second quarter to be slightly lower than market expectations. Additionally, affected by the rising costs of memory components, Samsung's mobile business is facing severe pressure on profit margins, and the industry expects that it may need to further raise prices for terminal products such as smartphones in the second half of the year to alleviate cost pressures.

According to OnchainLens monitoring, a newly created wallet "0x016" deposited approximately 2.67 million USDC into Hyperliquid and subsequently established a long position in LIT with a scale of about 1.62 million dollars using 2x leverage.The position is currently in profit, with an unrealized gain of over 330,000 dollars.

According to monitoring by Catcher Predict, in the predicted market event "San Diego Padres vs. Los Angeles Dodgers" on Polymarket, the option "Los Angeles Dodgers" in the sub-market "Spread -1.5" has experienced severe fluctuations in winning probability, dropping from 43.5% an hour ago to the current 22.5% (a fluctuation of 21%). Please note the impact of related breaking news.

According to monitoring by Lookonchain, an unusual transaction by a certain whale showed that 1,126.44 ETH (worth about 2.01 million USD) was exchanged for 5,776 LIT (worth about 14,000 USD), resulting in an on-paper loss of nearly 2 million USD.The transaction price deviated extremely from the market value, leading to significant slippage losses.

EthLabs founder Barnabé Monnot (barnabé.eth) released the Week 2 update, summarizing the team's latest progress in the launch and financing phase as well as the direction of ecological discussions. In terms of interoperability (Interop), the team stated that they are enhancing confidence in asynchronous interoperability based on zero-knowledge proofs (zk), believing this will help build safer cross-chain bridges and improve the native distribution capabilities of assets in Ethereum's multi-layer network.Currently, some cross-chain paths still experience delays, especially in the L2 → L1 direction; in this context, the intents mechanism can serve as a transitional solution, while sufficient L1 liquidity also helps match cross-chain executors (solvers). At the same time, the L1 → L2 path is expected to significantly reduce confirmation delays through the Fast Confirmation Rule (FCR), with clients already beginning to integrate this mechanism.In terms of ecological discussions, PropAMMs (Proposal-based AMM) have become a recent focus for multiple teams and researchers, with the core being the potential optimization space between L1 execution efficiency and transaction building (block building). Meanwhile, ENS is emphasized as a key infrastructure for Ethereum, and the team is continuously communicating with relevant stakeholders to advance its development direction. Regarding team building, Ethlabs has currently received over 300 applications, processed about 20%, with a short-term goal of expanding to around 10 people and a mid-term goal of expanding to about 20 people, focusing on recruiting talents with engineering capabilities and domain expertise.In terms of financing, Ethlabs stated that the current financing is nearing completion and has received early support from BitMNR, Sharplink, and Ethereum Joseph, planning to bring in 1-2 core investors before entering the next phase.

According to the Goldman Sachs report on "China's AI Computing Power" disclosed by P Equity Research, China is accelerating the construction of a national computing power network, with related infrastructure projects expected to attract 7 trillion yuan in investment by 2026. In the next five years, investment in data centers is projected to reach about 2 trillion yuan. Currently, funds and technology are being massively transferred to western computing power hubs, while data centers in first-tier cities are transforming to focus on ultra-low latency computing, edge nodes, and AI inference. Although GW-level clusters with over 100,000 chips remain scarce domestically, in typical GW-level computing power parks, workloads are primarily composed of inference, which accounts for more than half, as well as training and full-stack R&D.The report predicts that by 2026, the market share of domestically produced AI acceleration chips is expected to exceed 50%. Among them, Huawei and Alibaba's Pingtouge lead the domestic camp with shares of 20% and 7%, respectively, but Nvidia currently maintains overall market dominance with a 55% share. In terms of cost and performance, domestic chips have capital expenditures on IT power consumption that are 40% to 50% lower than imported chips, but due to performance gaps, their capital expenditures per unit of computing power are 2 to 4 times that of imported chips, and the computing power generated per unit of power consumption is only 10% to 30% of that of imported chips. Additionally, the daily average token output of Huawei's 910B/910C servers is about one-sixth to one-third of that of Nvidia's H800, resulting in significantly lower API profit margins based on that hardware compared to peers using Nvidia hardware.

According to Onchain Lens monitoring, a newly created wallet withdrew 323.72 BTC from Binance in the past hour, worth 20.59 million dollars.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Wimbledon WTA: Belinda Bencic vs. Coco Gauff," the option "Belinda Bencic" in the sub-market "Wimbledon WTA: Belinda Bencic vs. Coco Gauff" experienced a dramatic fluctuation in winning probability, plummeting from 66.5% an hour ago to the current 19.5% (a fluctuation of 47%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the predicted market event "Pittsburgh Pirates vs. Washington Nationals" on Polymarket, the "Pittsburgh Pirates" option in the sub-market "Pittsburgh Pirates vs. Washington Nationals" has experienced a sharp fluctuation in winning probability, plummeting from 67.5% an hour ago to the current 46.5% (a fluctuation of 21%). Please note the impact of related breaking news.

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the Polymarket market. A large whale invested $333,040.52 in a single bet on "O/U 2.5" during the "Brazil vs. Norway - More Markets" event. Based on the current transaction price, the latest corresponding win rate for this bet is 42%.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Wimbledon ATP: Hubert Hurkacz vs. Jan-Lennard Struff," the option "Hubert Hurkacz" in the sub-market "Wimbledon ATP: Hubert Hurkacz vs. Jan-Lennard Struff" has experienced a sharp fluctuation in winning probability, dropping from 92.5% an hour ago to the current 76.5% (a fluctuation of 16%). Please note the impact of related breaking news.

According to Coinglass data, if ETH falls below $1,692, the cumulative long liquidation intensity on mainstream CEX will reach $549 million. Conversely, if ETH breaks above $1,866, the cumulative short liquidation intensity on mainstream CEX will reach $463 million.

According to monitoring by Catcher Predict, in the predicted market event "New York Mets vs Atlanta Warriors" on Polymarket, the option "Atlanta Warriors" in the sub-market "First 5 Innings Spread -1.5" has experienced significant fluctuations in winning probability, soaring from 28.5% an hour ago to the current 61% (a fluctuation of 32.5%). Please note the impact of relevant breaking news.

According to monitoring by Catcher Predict, the predicted market on Polymarket for the event "Counter-Strike: EYEBALLERS vs FaZe XSE Pro League Group Stage" shows that the "EYEBALLERS" option in the sub-market "Match Winner" has experienced significant fluctuations, dropping from 47.5% an hour ago to the current 12% (a fluctuation of 35.5%). Please note the impact of related breaking news.