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.

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