Abraxas Capital Short Account Loses $40 Million in 10 Days

On July 3rd, when the U.S. stock market opened, the Dow increased by 0.19%, the S&P 500 rose by 0.36%, and the Nasdaq gained 0.56%. Robinhood (HOOD.O) opened with a decline of 2.7%. Previously, OpenAI denied having any association with the Robinhood token. (Wall Street News)

On July 3rd, the publicly traded company "SOL-Powered MicroStrategy" DeFi Development Corp announced the acquisition of an additional 17,760 SOL, which is approximately worth $2.72 million. As of July 3rd, 2025, they possess 640,585 SOL and equivalent assets, and the total value amounts to $98.1 million.

July 3rd. According to official channels, the Nasdaq-listed company Nano Labs acquired approximately $50 million worth of BNB through an over-the-counter transaction, raising its mainstream digital asset reserves to approximately $160 million.

July 3rd. On-chain data developer Irys announced the commencement of GENESIS HUNT. It has partnered with OKX and OKX Wallet to introduce a two-week interactive event. They will set aside 500 whitelist spots for qualification to mint Irys Genesis NFTs. Users can participate in the interaction by linking their OKX Wallet, fulfilling daily tasks, nurturing Bitomo NFT pets, and so on. There is an opportunity to win the Irys Genesis NFT whitelist qualification. The event will randomly select 500 wallets that hold Bitomo NFTs in the final evolution stage to obtain the whitelist. The total supply of Genesis NFTs for this event is 2000. The NFT's growth mechanism depends on user participation on the Irys testnet, and the specific evolution mechanism has not been disclosed, allowing users to explore it by themselves.

On July 3rd, according to Punchbowl, the following day, Trump will hold a signing ceremony for the tax reform bill. (Golden Ten)

On July 3rd, as per an official announcement, the cryptocurrency exchange Kraken has now made the Bitcoin Layer 2 solution Merlin Chain (MERL) available for listing.