Nanfang’s 2x leveraged long SK Hynix ETF falls over 20%, while its 2x leveraged long Samsung Electronics ETF drops over 12%.

According to the latest compiled data on current earn products for major centralized crypto exchanges (CEXs), platforms including HTX, Binance, OKX, and Bitget still structure their stablecoin current yields primarily as "high returns for small amounts, tiered reductions for excess sums". Among these, yields for small tiers of USDT and USDC stand out. For USDT: HTX’s 0–200 USDT tier offers an annualized yield of 10%, which drops to 1.95% for amounts exceeding 200 USDT; Bitget’s 0–300 USDT tier is 6.30%, with excess amounts yielding 1.64%; Binance’s 0–200 USDT tier is 4.63%, and excess amounts yield 1.63%; OKX’s USDT tier yields 2.24%. For USDC: HTX’s 0–200 USDC tier has an annualized yield of 8%, falling to 2.75% for amounts over 200 USDC; Bitget’s 0–300 USDC tier is 6.66%, with excess amounts at 1.36%; OKX’s is 2.46%; Binance’s is 1.96%. For other stablecoins: HTX’s USDT VIP tier offers an annualized yield of 6%–9%, applicable for amounts between 50,000 and 100,000 USDT; Bitget’s USDT VIP 0–300,000 tier is 2.68%, with excess amounts yielding 2.36%. USDE’s displayed annualized yields on HTX and Bitget are tiered at 5% and 3% respectively, plus a 1.00% rate for excess sums; HTX’s USDD yields 4.00%; Binance’s U product’s 0–8,000 tier has an annualized yield of 8.57%, dropping to 0.57% for amounts over 8,000. Overall, current high yields for stablecoin current accounts on major CEXs remain concentrated in small amounts, while yields for large sums have generally declined. When comparing related products, users should not only consider the nominal annualized yield, but also pay attention to tier limits, interest calculation rules, supported currencies, and real-time product availability. The above data are platform-displayed yields and do not constitute investment advice.

According to on-chain analyst Ai Yi (@ai_9684xtpa), addresses linked to the Kingdom of Bhutan have once again deposited 434.86 BTC into Binance over the past five hours, worth $27.96 million.

An Nvidia spokesperson has refuted market reports that the company is accelerating its entry into the telecom operator market and seeking base station manufacturing partners in China, stating: "This report is completely unfounded, and the description of our activities in the region is also untrue." Earlier reports had claimed Nvidia is speeding up its push into the telecom operator market and looking for base station partners in China. (The Paper)

MicroStrategy founder Michael Saylor posted that Bitcoin does not need the CLARITY Act, but rather the U.S. does. Today's reports indicate that the U.S. Senate has delayed the vote on the CLARITY Act until September.

Greeks.live macro researcher Adam released today’s options expiration data, showing: 32,000 BTC options expired, with a put-call ratio (PCR) of 0.26, max pain at $64,000, and a notional value of $2.06 billion. 177,000 ETH options expired, with a PCR of 0.77, max pain at $1,900, and a notional value of $340 million. Bitcoin has remained hovering around $64,000 this week, fluctuating for over two months. The price zone above $65,000 is a dense trading area from this year’s rally. Currently, global market focus is not on cryptocurrencies, so speculative funds will not flow in, and Bitcoin may choose to move downward. Key options data shows that 9% of this week’s options expired, a notable proportion, with most being out-of-the-money call positions, leading to relatively dispersed gamma exposure (GEX), while put positions are very few, and GEX is relatively concentrated on the downside. Bitcoin’s PCR has stayed at the low level of 0.26, indicating extremely low put option positions.

According to BIT (bit.com) market data, U.S. pre-market trading on Friday saw simultaneous gains across the semiconductor, memory, and optical communications sectors. Semiconductor stocks edged higher: Lam Research (LRCX) rose 1.22%, Intel (INTC) gained 1.17%, Applied Materials (AMAT) added 1.43%, and Arm (ARM) climbed 1.77%. The memory sector strengthened, with SK Hynix (SKHY) up 0.21%, Micron Technology (MU) rising 1.28%, Western Digital (WDC) advancing 2.1%, SanDisk (SNDK) climbing 2.15%, and Seagate Technology (STX) up 0.94%. Optical communications-related stocks led the gains, with Astera Labs (ALAB) up 2.36%, Applied Optoelectronics (AAOI) surging 15.5%, Coherent (COHR) rising 5.07%, Credo (CRDO) gaining 2.07%, and Lumentum (LITE) advancing 4.91%.