DeepFlowTech

According to CoinMarketCap data, on July 7, the top 100 cryptocurrencies by market cap saw the following intraday gains and losses: the top five gainers were MemeCore (+17.91%), Zcash (+9.06%), Aerodrome Finance (+7.09%), Sun [New] (+5.75%), and Jito (+5.51%); the top five losers were Venice Token (-9.04%), Bonk (-8.96%), Worldcoin (-5.09%), Gram (-4.24%), and Aave (-4.21%).

Atkins' 2026 regulatory agenda announced focuses on three major directions: first, crypto asset regulation, promoting compliance implementation and a framework for custody and on-chain trading of tokenized securities; second, revitalizing public markets by reforming IPOs, simplifying disclosures, reducing compliance burdens, and expanding listings; third, opening private markets to facilitate retail participation with protective mechanisms, breaking the monopoly of the wealthy. The SEC stated that it will continue to lead global capital markets.

SpaceX IPO 25-day quiet period ends, Wall Street brokerages initiate coverage with buy ratings: Goldman Sachs $205, Morgan Stanley $300, Raymond James $800 target. The company went public in June at $135 per share, raising approximately $7.5 billion, and closed Tuesday at $150.93. Analysts are bullish on its diversified businesses including launch services, Starlink satellite broadband, and government contracts, calling it one of the most representative industrial infrastructure companies of the 21st century. Additionally, SpaceX held 18,712 BTC as of March 31.

Ondo Perps is now live and open to non-U.S. investors, the first perpetual contract platform that uses tokenized stocks and stablecoins as margin. Its advantages include tokenized stock collateral, deep liquidity with low slippage, and real-time execution with decentralization. Supports assets such as stocks, indices, and commodities, with leverage up to 20x and 24/7 trading. The underlying infrastructure is provided by Ondo Global Markets, with a total TVL exceeding $1 billion.

The Dow edged up 0.09% on the 7th, the S&P fell 0.22%, and the Nasdaq dropped 0.6%. Chip stocks continued to retreat, with SanDisk, Western Digital, Micron, etc., falling over 6%. SpaceX was formally included in the Nasdaq 100 index today. Multiple stocks showed divergent movements, with Strategy rising and many others falling.

EDX Markets completed a $76 million Series C funding round led by SBI, to expand trading, clearing, settlement, and globalization. SBI continues to expand its digital asset footprint, including the yen stablecoin JPYSC and the US dollar stablecoins RLUSD and USDC in circulation in Japan. EDX also launched EDX FlowConnect and applied to the OCC to establish a regulated EDX Trust, offering digital asset custody, clearing, and settlement.