Polymarket Sued Over Dispute Concerning Bitcoin Prediction Market Ruling Linked to Strategy’s Sale

Counterpoint Research Director MS Hwang stated that the recent pullback in share prices of memory chip manufacturers does not signal a fundamental shift in the memory chip market. Samsung Electronics fell 6.9% on Tuesday, while SK Hynix dropped 6.1%, despite Samsung forecasting another record quarterly performance driven by strong demand. Some investors may believe that most of Samsung’s upside, fueled by expectations of improved profitability, has already been priced in. He noted: "Recent strike actions and political discussions around profit sharing may also spark concerns about future shareholder returns." However, he pointed out that the fundamentals of memory chip manufacturers remain solid. According to Counterpoint’s July memory chip price tracking report, as customers continue to place orders in advance, DRAM prices are expected to rise by 10% to 20% in the third quarter, higher than its initial forecast of 5% to 10%.

According to Hyperinsight monitoring, as of press time, the "fateful week" whale (address 0x4c7) tracked yesterday for shorting South Korean stocks still maintains semiconductor shorts as its core position. There are 6 semiconductor-related short orders, with a total notional value of approximately $31.029 million, and combined floating profit of around $838,000. Profit and loss changes are mainly concentrated in two South Korean stock short orders. At yesterday’s press time, the whale’s combined short positions in Samsung Electronics (SMSN) and SK Hynix (SKHX) stood at about $14.84 million, with a floating loss of roughly $638,000; after South Korean semiconductor stocks fell today, these two short positions have turned to a combined floating profit of around $378,000, marking a $1.01 million capital rebound. The address continues to add to its Samsung short position. Over the past half hour, the address has cumulatively opened 1,612 short orders on Samsung, totaling 6,449,773 units, valued at approximately $1.2836 million. The relevant short orders are as follows: SK Hynix (4x isolated margin): Size of about $10.168 million, average price of $1,461.062, liquidation price of $1,724.93, floating profit of around $173,000 (+6.7%); Samsung Electronics (4x isolated margin): Size of about $4.937 million, average price of $200.906, liquidation price of $233.54, floating profit of around $206,000 (+16.0%). In addition, the address simultaneously added short positions in NBIS (about $974,000) and the DRAM index (about $625,000). Previous news: Whale Alert reported that a major address shorting South Korean semiconductor stocks during the "fateful week" had combined short positions in Samsung and SK Hynix totaling $14.8 million.

JPMorgan Chase said it has raised Apple's (AAPL.O) price target from $325 to $345.

According to official announcements, Binance will add 10 bStocks tokens as eligible collateral assets for its Cross Margin, Unified Account, and Unified Account Pro products at 21:30 (UTC+8) on July 7, 2026. The new tokens include Alphabet (GOOGLB), Qualcomm (QCOMB), Coinbase (COINB), State Street SPDR S&P 500 ETF Trust (SPYB), Western Digital (WDCB), Corning (GLWB), Nebius (NBISB), Semicon Bull 3X ETF (SOXLB), Roundhill Memory ETF (DRAMB), and Cerebras (CBRSB). Corresponding bStocks trading pairs will also open for leveraged trading, enabling eligible users to use these tokens as margin collateral to expand collateral options for margin trading.

UBS Group initiates research coverage on SpaceX (SPCX.O), assigns a Buy rating, and sets a target price of $210.

According to official announcements, Coinbase today announced it has received authorization from UK regulators to offer investment services in the UK. In simple terms, this means Coinbase is no longer limited to crypto-related services, and can now provide traditional financial investment products to UK users. This authorization is not merely a regulatory milestone, but will bring more investment options to UK users. Going forward, institutional investors and professional traders will be able to trade derivatives including cryptocurrencies, stocks, and commodity perpetual futures; retail users will also be able to trade stocks on the Coinbase platform for the first time. Coinbase noted this is just the first step in its product expansion, with more investment services planned for launch in the future.