Morning Express:
1. Arthur Hayes believes that holding cryptocurrencies is the best way to preserve value in the new inflation cycle;
2. A whale/institution transferred 1,800 BTC to Binance and the price fell;
3. The US SEC received an application for Hashdex's crypto index ETF,
4. 0KX option positions increased by 5.48%;
5. Binance US is preparing to respond to SEC litigation and enter the evidence disclosure stage:
6. Silvergate Capital Corp. agreed to pay a $63 million settlement fine;
7. Bitfarms' Bitcoin mining volume increased by 21% in June.
8. The main force lacks confidence in the future of HTX-BTC
9. Ethereum Fund recorded the largest outflow in 2022;
10. TD Cowen said that the US Supreme Court's overturning of the Chevron principle may complicate crypto legislation.