Odaily Morning News

1. JPMorgan: The probability of the Clarity Act passing this year is decreasing, which is unfavorable for the outlook of the crypto market;

2. Insider: A certain exchange has acquired most of the stock investment portfolio held by the "AI Stock God" fund;

3. Multicoin is currently going long on Robinhood (HOOD), and HOOD is the largest stock position for the firm;

4. Insider: The "AI Stock God" fund is liquidating positions after incurring substantial losses;

5. New York State Retirement Fund still holds $29.8 million in Strategy stock and has sold $1.06 million in MSTR;

6. Arthur Hayes: The Federal Reserve's policy opens up upside potential for DeFi projects that have already validated their PMF;

7. Dragonfly partner: Without the development of the crypto industry, the current AI boom may not have occurred;

8. Polymarket's crypto prediction market settlements will switch to TWAP, and a $1 million liquidity incentive will be added in August;

9. The largest ETH holder among Japanese listed companies, Quantum Solutions, sold 1,000 ETH to fund its AI infrastructure business;

10. Bloomberg ETF analyst: Bonds have recently failed to hedge against stock declines, and inflows into money market funds and buffer ETFs are increasing.