SPCX falls below its issue price, with the largest long position losing $1.238 million

According to Farside Investors data, the total net inflow of US Bitcoin spot ETFs yesterday was $69.1 million, including a net inflow of $38.8 million from BlackRock IBIT, $21.5 million from Fidelity FBTC, $5.4 million from Bitwise BITB, $3.8 million from MSBT, and $38.3 million from Grayscale GBTC. The fund flow of other products was zero. During the same period, the total net inflow of Ethereum spot ETFs was $72.7 million, of which BlackRock ETHA had a net inflow of $53.5 million, Fidelity FETH had a net inflow of $19.2 million, and all other product fund flows were zero.

According to XWIN Japan analysis, CryptoQuant data shows that Binance's net Bitcoin traffic on the 30th tended to balance out, with withdrawals largely offsetting top ups, and large top ups not being converted into sustained net inflows of funds.

Coinbase revealed that last week, an infrastructure update mistakenly modified the Istio ingress gateway component due to a Kubernetes resource name conflict, resulting in a service interruption of approximately 50 minutes. The interruption occurred between 12:37 and 13:25 Eastern Time in the United States, affecting retail, institutional, and developer platforms. Some users were unable to complete deposits, withdrawals, or off platform transactions, Coinbase Card debit card purchases were rejected, on chain exchanges through Coinbase DEX on Base and Solana were affected, and there were delays or failures in transfers and settlements for Coinbase Exchange and Prime customers. Coinbase will increase naming conflict checks, separate recovery tools from managed infrastructure, and test emergency access processes more frequently.

The Bank of America report states that with Nvidia launching the Vera CPU architecture and competing with AMD, the server CPU market size is expected to reach $170 billion by 2030. Bank of America maintains Nvidia's buy rating and $350 target price. The Bank of America's client cash flow report shows that clients bought $3.4 billion worth of stock ETFs last week and sold $3.1 billion worth of individual stocks, marking the first capital outflow in three weeks for technology stocks.

Rhythm has completed the team merger of HyperInsight, an on chain data tracking platform. HyperInsight focuses on data monitoring of global hot capital markets such as on chain US stocks, encrypted assets, and commodity futures, providing services such as monitoring large fluctuations in whale addresses, resolving suspicious insider addresses, and providing on chain TradFi information. After the merger is completed, HyperInsight's on chain data capabilities will be integrated into Pro's paid subscription service, providing users with cross market information covering encryption and TradFi, and real-time tracking of high-quality traders' on chain operations.