Morgan Stanley Research: Data center HDD and SSD demand remains robust, enterprise-grade SSD shipment capacity is projected to double by 2026.

InPoint Finance, a venture led by Standard Chartered Hong Kong, is set to announce updates on its Hong Kong dollar stablecoin (HKDAP) within August. The firm has earlier secured a stablecoin issuer license approved by the Hong Kong Monetary Authority (HKMA), becoming one of the first institutions to obtain such authorization. Agnes Ng, Chief Executive of Standard Chartered Hong Kong, Greater China and North Asia, noted that InPoint will operate on a business-to-business-to-consumer (B2B2C) model, not directly targeting end users, but delivering services to enterprises, institutions and individual users via authorized distributors. Its application scenarios cover cross-border settlements, tokenized assets and other use cases. She added that the stablecoin’s launch is aimed at supporting the real economy and resolving the efficiency and cost challenges enterprises face in cross-border settlements.

According to monitoring by TradingBeats (formerly Hyperinsight), since the close of trading last Friday through the weekend, the million-dollar-level positions of Micron Technology (MU) and SanDisk (SNDK) involve a total of 7 addresses. As of pre-market trading in US stocks, all these addresses hold long positions, with no million-dollar-level short orders recorded. The total value of these long positions is approximately $29.297 million, with an overall unrealized loss of around $1.193 million; 5 out of the 7 addresses are currently in the red. Specific details: - Micron Technology: 4 addresses hold a combined 16,700 long positions, with a position value of about $13.904 million, a weighted average entry price of $871.6, and the current price is around $834.6, resulting in a total unrealized loss of roughly $617,000. - SanDisk: 5 addresses hold a combined 12,400 long positions, with a position value of approximately $15.393 million, a weighted average entry price of $1,286.1, and the current price is around $1,239.6, leading to a total unrealized loss of about $576,000. Notably, the address starting with 0x0ad holds long positions in both MU and SNDK, with a combined position value of around $14.392 million and an unrealized loss of approximately $600,000, making it the address with the largest position size and loss in this round of US storage stock bets over the weekend. Additionally, the address starting with 0xfe7 holds a 10x leveraged long position of about $3.174 million in SNDK, with an unrealized loss of roughly $312,000. These two addresses together contribute around $912,000 in losses, accounting for 76.5% of the total unrealized loss.

According to Bloomberg, South Korea's Korea Composite Stock Price Index (KOSPI) has become the world's most volatile national stock index, even exceeding Bitcoin in volatility. The KOSPI's year-to-date return volatility has surged to 63%, ranking first among major national stock indices, surpassing Bitcoin's 48%.

Iranian Foreign Ministry spokesman Bahaei stated at a regular press conference that there are currently no talks between Iran and the United States. Iran is holding discussions with Oman at this stage, with topics centered on the Strait of Hormuz. Bahaei further pointed out that given the U.S.'s continued violations of the memorandum of understanding, the situation in the Strait of Hormuz will not undergo significant changes.

Arthur Hayes (@CryptoHayes) bought another 6M $ENA($525K) at an average price of $0.09.

According to Bloomberg, South Korea's KOSPI has emerged as the world's most volatile national stock index, even outstripping Bitcoin in volatility. The index's year-to-date return volatility has surged to 63%, topping the list among major national stock indices and exceeding Bitcoin's 48%.