Crypto Morning Brief: Japanese Financial Giant SBI Reaches Strategic Partnership with Solana Foundation, Trump Urges US Senate to Pass Clarity Act ASAP
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Crypto Morning Brief: Japanese Financial Giant SBI Reaches Strategic Partnership with Solana Foundation, Trump Urges US Senate to Pass Clarity Act ASAP
The Bank of Korea expects the AI-driven chip "super cycle" to continue, refuting concerns about peaking.
Navigating Web3 tides with focused insightsAuthor: TechFlow
Yesterday's Market Dynamics
Japanese Financial Giant SBI Strikes Strategic Partnership with Solana Foundation, Joint Venture Proposed to Be Renamed SBI Solana Global
According to SBI's official website, SBI and the Solana Foundation announced the launch of a strategic partnership on July 13 to jointly promote the construction of Japan's on-chain financial market. According to the cooperation agreement, the Solana Foundation will invest in SBI R3 Japan, and together with existing shareholders SBI and Sumitomo Mitsui Financial Group, will promote a new growth strategy. The company plans to be renamed SBI Solana Global Co., Ltd.
In the future, SBI Solana Global will promote stablecoin issuance and circulation support, corporate bond and tokenized real-world asset composition and circulation support, cross-border payment infrastructure construction, on-chain financial services for institutional investors, and next-generation payment infrastructure development for the AI agent era around the Solana network. Both parties stated that they will start with the Japanese market to promote connectivity with Asian and global markets.
AI Chip War Escalates: Google Pushes TPU Commercialization, Competing for Nvidia's Core Customers
According to The Information, Google is launching a competitive offensive against Nvidia in the AI chip market, attempting to compete for the AI computing power market long dominated by Nvidia by expanding the commercial application of its self-developed Tensor Processing Units (TPU). It is reported that Google is currently both an important customer of Nvidia's AI server chips and is developing its own AI chip business capable of replacing Nvidia GPUs.
Since the beginning of this year, Google has begun to change its strategy, planning to sell TPU chips to emerging cloud service providers (Neoclouds). These new cloud service enterprises mainly focus on providing AI computing resources and are an important customer group for Nvidia GPU demand growth. Analysts believe that Google's move means that TPU is shifting from internal dedicated infrastructure to a broader commercial chip platform. By attracting Neoclouds to adopt TPU, Google hopes to reduce AI enterprises' reliance on the Nvidia GPU ecosystem and expand its own influence in the AI infrastructure field.
Zhipu AI: Completed Placement of New H Shares Raising Approximately 31.411 Billion HKD
Zhipu AI (02513.HK) announced on the HKEX that the company previously disclosed plans to place up to 19.78 million new H shares, which has now been completed on July 13, 2026. A total of 19.78 million new H shares were allotted and issued to no fewer than 6 placees at a placement price of 1,588 HKD per share, accounting for approximately 4.25% of the total issued H shares after expansion.
The total proceeds from the placement were approximately 31.411 billion HKD, and the net proceeds were approximately 31.375 billion HKD, intended for AGI research and development, business expansion, and optimizing capital structure.
Bank of Korea Expects AI-Driven Chip "Super Cycle" to Continue, Refutes Peak Concerns
The Bank of Korea released a report on Monday stating that the global semiconductor market remains in a state of supply falling short of demand, and expects the current "super cycle" driven by artificial intelligence (AI) to continue for some time; the bank used this to refute investor concerns that the chip cycle has peaked. The Bank of Korea pointed out in the report: "Although semiconductor demand has surged significantly driven by AI infrastructure investment, the pace of supply expansion is relatively slow." The bank added that there are no signs of slowdown in the semiconductor cycle yet.
Meta (META): Multiple KOLs Bullish, $1.7 Trillion Market Cap May Be Undervalued
According to monitoring by the BlockFlow KOL viewpoint aggregation platform, Meta Platforms (META) is currently priced at $669.21, with multiple KOLs consistently bullish, believing that given its huge user base across multiple platforms and AI infrastructure construction, the $1.7 trillion valuation is cheap.
YC Partner Tom Blomfield Announces Departure from Y Combinator, Joins Anthropic
YC Partner and Monzo co-founder Tom Blomfield announced a temporary departure from YC to join Anthropic. He will work with co-founder Tom Brown, responsible for computing power-related work. He stated that powerful AI is expected to improve global human life, and with the arrival of the early stages of recursive self-improvement, compute availability is becoming one of the most critical issues to be solved.
Trump Urges US Senate to Pass "Clarity Act" ASAP
US President Trump stated that to support Senator Lindsey Graham, the US Senate should pass the "Clarity Act". He said that China and other countries are trying to gain dominance in this important financial field as well as the AI field, and called on the US not to lose competitive advantage in these two directions.
Supreme People's Procuratorate Issues Document: Systematically Solving Triple Dilemma of Criminal Law Regulation on Money Laundering Using Virtual Currencies
According to Procuratorate Daily, researchers from the People's Procuratorate of Yuhu District, Xiangtan City, Hunan Province, and the Faculty of Law at Xiangtan University jointly wrote an article proposing a systematic response plan to the dilemma of criminal law regulation on money laundering crimes using virtual currencies. The article points out that current judicial practice faces a triple dilemma of behavior characterization, evidence acquisition, and recovery of stolen assets and loss mitigation: first, Article 191 of the Criminal Law on money laundering crimes still limits 7 types of upstream crimes, resulting in a large number of cases being treated only as "concealment crimes"; second, means such as mixers, privacy coins, and cross-chain transfers cause fragmentation of the evidence chain, making traditional investigative means difficult to penetrate; third, conflicts in the legal attributes of virtual currencies, procedural rule vacuums, and cross-border collaboration barriers cause difficulties in execution of asset recovery. In response, the article suggests promoting "one case, two investigations", establishing the principle of self-authentication of blockchain data, constructing a stepped standard of proof, and establishing a national-level custodial disposal platform for involved virtual currencies, while actively promoting the signing of special agreements on international criminal judicial assistance for virtual currency crimes.
Circle Co-Founder Allaire: Agent Economy Must Be Built on Software Money and On-Chain Governance
Circle co-founder Jeremy Allaire published an article sharing his core arguments on the agent economy and on-chain finance, believing that "an economy run by software agents must rely on software money, software contracts, and software governance to operate, otherwise it cannot be realized at all", calling for accelerating the construction of on-chain financial infrastructure.
Today's Market Conditions
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Podcast Notes: Samsung Earns 650 Million Daily Surpassing Nvidia, Stock Price Plummets 10%, This Is "Sell News" Not Memory Doom
https://www.techflowpost.com/article/32485
Samsung's latest quarterly profit was $58.5 billion, exceeding NVIDIA's $53 billion for the same period, and more than 94% of the profit came from one department: AI memory. There are only three companies in the world capable of producing HBM (High Bandwidth Memory), two in South Korea (Samsung and SK Hynix), and one in the US (Micron). Every AI inference requires re-reading the entire model weights, memory demand is 10 to 20 times that of consumer products, and every generation of models is doubling. At the same time, 1 GB of HBM consumes capacity equivalent to 4 GB of ordinary DRAM, directly squeezing out memory supply for phones and computers, with Apple's full-line product price increases being the consequence. The contradiction lies in: memory company profits hit new highs, prices are still rising, but stock prices collectively fell into a bear market. Samsung fell 9% on earnings day, SK Hynix fell 15%. The two hosts believe this is a superposition of "sell news" events and cycle panic, with no change in fundamentals. SK Hynix landed on NASDAQ in ADR form, raising approximately $30 billion, 4 times oversubscribed, with Leopold Aschenbrenner participating as a seed investor.
Nanny-Level Tutorial: How Newbies Can Master Robinhood Chain in 5 Minutes
https://www.techflowpost.com/article/32497
If this is your first time encountering Robinhood Chain, this article will take you from 0️⃣: how to cross chains, how to complete the first Swap, and the information and assets most worth paying attention to in the entire ecosystem currently. Historically, whether it is Tron's Sundog, or Base's Brett, Toshi, every round of public chain Meme market trends will experience the process of Leader Launch → Sector Diffusion → Deep Correction → Second Round Explosion. People who really make money are often not those who rush in on the first day, but those who continue to track the ecosystem after the correction. For ordinary players, real Alpha often does not come from chasing rises, but from continuously paying attention to the ecosystem, understanding narratives, and maintaining patience when market sentiment cools. Many 100x projects are not born at the hottest time, but emerge when everyone starts to doubt.
Stay curious, stay rational, stay awe-inspired, wish you catch your 100x Alpha on the RH chain.
South Korean Stock Plunge Deters Retail Investors? Upbit Trading Volume Surges 436% in One Day, Funds Accelerate Return to Crypto Circle
https://www.techflowpost.com/article/32480
The plunge in the South Korean stock market is triggering a capital migration. When Samsung Electronics and SK Hynix led the decline, and KOSPI fell into technical adjustment, South Korean retail investors did not leave the market, but turned their attention to the crypto market. Upbit's single-day trading volume surged 436%, assets such as XRP and BTC became safe havens for funds, also verifying again the unique "Stock Market—Crypto Circle Seesaw" effect of the South Korean market. But is this round of capital return the starting point of a new round of market trends, or a brief overflow under market panic? This article will dismantle the ebbing of the South Korean semiconductor bubble, retail capital migration, and the risks the crypto market may face next.
Bernstein Research Report Interpretation: After Memory Outperforms Semiconductor Equipment by 661%, History Says It's Equipment's Turn
https://www.techflowpost.com/article/32484
Since June 2025, the memory sector has cumulatively outperformed semiconductor equipment by 661 percentage points. If memory corrects, will equipment follow the decline? This is the most anxious question for investors at the moment. Bernstein responded to this question with historical data today, concluding that equipment has its own rhythm, and history has given the answer. To verify this conclusion, Bernstein selected the top companies of memory and semiconductor equipment respectively as benchmarks, looked back over ten years of stock price data, and found two key divergence periods.
15th Day After World Cup Elimination, South Korea's National Destiny Stock Collapsed
https://www.techflowpost.com/article/32477
A carnival of an AI super cycle is welcoming its first liquidation in the South Korean capital market. SK Hynix once became South Korea's "National Destiny Stock" by virtue of HBM and the Nvidia supply chain, with market cap once surpassing Samsung, but just three weeks later, the stock price plummeted 33%, and KOSPI triggered a circuit breaker. Behind this is not just a market correction, but a head-on collision of AI narratives, leveraged funds, retail investor faith, and capital market cycles. This article dismantles the entire process of SK Hynix from a trillion-dollar myth to a plummet, as well as the next game of South Korean retail investors, leveraged ETFs, and global funds on the edge of the AI bubble.
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