SEC allows Franklin Templeton funds to invest in onchain money fund
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Security experts indicate that approximately $22 million in illicit funds flowed into HitBTC in 2026, and the platform repeatedly refused to cooperate with the investigation.
According to ChainCatcher, Darcy, co-founder of FlashRescue, disclosed that approximately $22 million in illicit funds flowed into the cryptocurrency exchange HitBTC in 2026. He pointed out that HitBTC refused to cooperate with police investigations on two separate occasions, a practice consistent with the platform's actions, as reported by several on-chain investigators. He mentioned that in the Bybit theft case, as much as $3.68 million from a money laundering network linked to DPRK (North Korea) flowed into HitBTC, but the platform again failed to cooperate with the relevant authorities in subsequent investigations.
Multiple Wall Street firms are collectively advocating for "buying on dips" in the semiconductor sector: the long-term logic of AI remains unchanged, but investment is entering an era of selective buying.
According to Mars Finance, on July 7th, amidst the recent continuous correction in the semiconductor sector, several Wall Street institutions have voiced their opinions, generally believing that the current adjustment presents an opportunity for investors to "buy on dips." However, unlike past recommendations to allocate across the entire semiconductor sector, institutions generally believe that AI investment has entered a phase of selective stock picking. Goldman Sachs stated that AI chip trading has entered a more selective phase, and does not recommend continuing to "buy a basket" of semiconductor stocks. They remain optimistic about specific sub-sectors such as CPUs, ASICs, memory, and semiconductor equipment, specifically highlighting AMD and Applied Materials. JPMorgan Chase believes that the recent correction in semiconductor stocks presents a good entry window, as AI chip demand remains in a long-term upward cycle, with new capacity not expected to be significantly released until around 2028, and the industry's supply and demand structure remains healthy. Bank of America maintains its optimistic outlook on the long-term boom cycle of AI semiconductors, believing the industry is still in the middle of an 8- to 10-year growth cycle, and the global semiconductor market size is expected to continue to expand. They recommend focusing on industry leaders such as Nvidia, Broadcom, Lam Research, and KLA. UBS stated that the long-term investment logic for AI remains unchanged, and the short-term fluctuations in the semiconductor sector actually provide long-term investors with opportunities to gradually build positions. They recommend taking advantage of market corrections to buy on dips. Morgan Stanley believes that the long-term prospects for AI chips remain positive, but with the sector's significant rise, the market will focus more on earnings realization capabilities. Funds may gradually rotate from some chip stocks to AI infrastructure beneficiaries such as cloud computing, and investors should pay more attention to individual stock selection. Overall, several Wall Street institutions, including Goldman Sachs, JPMorgan Chase, Bank of America, and UBS, have recently released similar signals: the semiconductor correction is not the end of the AI rally, but rather provides a new window for investment. However, the market has moved from a phase of "broad-based sector gains" to one of "selecting leading companies," and future performance will depend more on companies' earnings realization capabilities and the sustainability of demand for AI infrastructure.
Nasdaq makes special arrangements for SpaceX: $42 billion in passive funds were invested; the real test will be the unlocking of the shares on August 6.
According to Mars Finance, on July 6th, fund managers tracking the Nasdaq 100 index will complete a mandatory rebalancing after the market closes on Tuesday, with approximately $4.3 billion passively buying SpaceX (SPCX) shares. Tens of millions of US investors holding Nasdaq funds in 401(k), IRA, or regular accounts will become SpaceX shareholders "passively" without their knowledge. Starting July 7th, SpaceX will officially become a Nasdaq 100 component stock—the fastest company to be added to a major US index in history, with related funds holding approximately 0.5% to 0.7% of the index. Previously, Nasdaq required new stocks to be listed for at least three months and have at least 10% public shareholding before inclusion in the index. However, the new rules that took effect on May 1st significantly lowered the threshold—as long as the market capitalization ranks within the top 40 of existing component stocks, only 15 trading days and 5 days' advance notice are required for "fast inclusion." This rule was implemented exactly six weeks before SpaceX's IPO on June 12th. Critics argue that this window is "too short to complete price discovery," even going so far as to call it "the most shameless manipulation of major indices," benefiting the company, existing shareholders, and the exchange, while passive fund holders are forced to bear the price costs. SpaceX's publicly traded shares account for only 3% to 5%, and with the float multiplier, passive buying far exceeds the actual float's capacity. Meanwhile, the S&P 500 remains unchanged, maintaining its existing 12-month observation period and four consecutive quarters of GAAP profitability requirements. SpaceX reported a net loss of $4.28 billion in the first quarter and a projected loss of $4.94 billion for the full year of 2025, meaning it may not meet the S&P inclusion criteria until mid-2027 at the earliest. Analysts point out that the real test will come on August 6th—when the company releases its first quarterly earnings report, and approximately 20% of insider shares will be released from lock-up, potentially reversing the supply-demand balance due to the disappearance of passive buying and potential selling pressure.
The protagonist of the "ByteDance stock trading 30 million" story recounts his experience: He discovered an opportunity in the AI storage sector due to rising hard drive prices and recommends investing in AI companies to hedge against the risk of being replaced by AI.
According to Mars Finance, on July 5th, Leto Bao, the protagonist of the "ByteDance stock trading 30 million yuan" story, concluded his review of his US stock investment experience on Binance Square. Some of his remarks are as follows: Around August of last year, his investment style shifted to value investing, with his main holdings allocated to indices, especially the Nasdaq 100, and a portion invested in companies he actively selected, such as Google. At that time, wanting to build a database and backtest his investment strategy using quantitative methods, he purchased two hard drives on Pinduoduo, subsequently discovering that hard drive prices were continuously rising. He stated that the rising hard drive prices became the first signal that drew his attention to the storage sector. At that time, reports already mentioned that AI was driving up memory prices, and hard drive prices were rising in tandem. The second signal came from his experience as a Data Engineer; ByteDance was also requiring its teams to shorten data lifecycles, i.e., reduce data storage time, for example, from two or three years to one year or six months, and delete redundant data, due to insufficient storage resources. Leto Bao stated that based on the rising hard drive prices, AI storage needs, and research report analysis, he initially bought some related stocks, but did not immediately invest heavily, because he had not yet seen concrete evidence at the time. He then discovered through 13F institutional holdings that institutions had been increasing their positions in related sectors for three consecutive quarters before he began to increase his own positions and has held them ever since. He stated that he currently still holds positions related to storage and has already achieved significant returns. Leto Bao noted that the CPI (Consumer Price Index) is also one of the key indicators closely watched by the Federal Reserve. A high CPI usually indicates significant inflationary pressure; a low CPI may reflect deflationary pressure. The Fed's long-term goal is to maintain inflation at around 2%, which represents a moderate inflationary environment, implying slow currency depreciation, while investment, consumption, and credit activities are relatively healthy. Non-farm payroll data also influences market judgment. There is a certain correlation between overheated employment and inflation, but the relationship between macroeconomic indicators is complex and not a simple linear deduction. The Federal Reserve is responsible for formulating economic policies related to interest rates and serving the operation of the US economy through policy adjustments. Leto Bao believes that CPI, non-farm payrolls, Fed policies, and earnings season should not be simply regarded as "noise" but all have certain reference value. He mentioned that he had previously ignored the interest rate hike environment when investing in Nvidia, leading to a significant drawdown in his account. Therefore, macroeconomic factors still need to be considered in investment decisions. Finally, Leto Bao advised that investments should begin as early as possible, and funds should be allocated to relevant assets as soon as possible. Many jobs and positions will be affected by AI in the future, so ordinary people who want to hedge against the risk of being replaced by AI can consider investing in AI-related companies. Leto Bao is a former employee of ByteDance, known as the "ByteDance Stock Investor." He reportedly made a substantial profit by investing in the AI storage sector in the US stock market, earning approximately 30 million RMB before resigning. The story began when he noticed an abnormal price increase when buying hard drives on Pinduoduo, which led him to research data storage needs and heavily invest in related stocks.
A smart money investor bought approximately $150,000 worth of tickets in the World Cup quarter-final match where France defeated Morocco.
PPP's market prediction tool monitoring shows that in Polymarket's "2026 World Cup Quarter-Final France vs. Morocco" prediction event, a smart money account (address: 0x34c5ca7736ab9f4c4e059ef40fa5e4a679010832) with a win rate exceeding 75% purchased approximately $150,000 worth of bets on France defeating Morocco, with an average opening price of 63 ￠. This market only refers to the results of matches within the first 90 minutes of regular time (including stoppage time). France defeated Paraguay 1-0 in the previous round to advance, with Mbappe currently leading the tournament's top scorer list. The team's squad depth and defensive structure are its main advantages. Morocco eliminated Canada 3-0 in the previous round, advancing to the quarter-finals for the second consecutive World Cup, but a recent injury to a key striker has affected market expectations. Join the PPP signal push community to get ahead and seize opportunities.
A smart money investor bought $101,000 worth of bets on Argentina's victory over Egypt in the World Cup Round of 16.
PPP's market prediction tool monitoring shows that in Polymarket's "2026 World Cup Round of 16 Argentina vs. Egypt" prediction event, a smart money account (address: 0xdb859a551fcf56e49416160911476bea7307152f) that profited $271,000 purchased over $101,000 worth of shares betting on Argentina defeating Egypt, with an average opening price of 73 RMB and a purchase volume of 140,000 shares. The Argentina vs. Egypt knockout match will take place at 0:00 Beijing time on July 8th. This match is a highlight of the 2026 USA-CMC World Cup knockout stage, with defending champions Argentina facing African dark horse Egypt. Messi and "Egyptian Messi" Salah will face off in a legendary duel. Messi currently has 7 goals and is tied for the top scorer position, having scored at least 2 goals in 10 consecutive World Cup matches. Join the PPP signal push community to get ahead and seize opportunities.