Morgan Stanley expects US stock funds to shift towards ultra large enterprises, with a year-end target of 8000 points for the S&P 500 index
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Morgan Stanley strategists say that US stock funds will shift from semiconductor stocks to super large companies such as Microsoft, Amazon, and Meta, with the S&P 500 index aiming for 8000 points by the end of the year.
On July 2, 2026, the Nigerian Securities and Exchange Commission included GIGX Technologies and Kucoin Nigeria Limited in the Accelerated Regulatory Incubation Program (ARIP) and granted principle approval for AIP. This approval allows GIGX Technologies and Kucoin Nigeria Limited to operate temporarily and proceed with full registration under the supervision of the Nigerian Securities and Exchange Commission. The Nigerian Securities and Exchange Commission stated that ARIP currently regulates 9 digital asset companies, and principle approval does not equate to full legalization or full authorization of all cryptocurrency platforms within Nigeria. （Bitcoin.com News）
Machi Big Brother publicly displays a perpetual ETH contract position, holding 11100 ETH with 25 times leverage multiple orders, with an opening price of $1735.7 and a position value of approximately $19.68 million. As of the screenshot, the position has a floating profit of approximately $411300, a yield of 53.4%, and a liquidation price of $1751. Machi Big Brother stated that they plan to recover their losses through this transaction.
OKX has announced the launch of BTC, ETH, and XAU event contracts, officially going live on 2026-07-07 00:00 (UTC+8).
Notes:
- Touch contracts are settled upon triggering without requiring a duration; range contracts are only determined at the expiration time and do not support early settlement.
- XAU (gold) contracts are subject to TradFi market trading hours and will not execute determinations during weekends or market closure windows.
- Touch contracts may still allow orders to be placed between the triggering event and settlement. Users must confirm the contract status before placing orders.
Huang Licheng shared a screenshot of a 25 times leveraged ETH multiple order on X platform, holding 11100 ETH with an entry price of $1735 and a liquidation price of $1751. He also stated in a caption that he is prepared to make a full profit in one transaction. According to Hyperbot data, Huang Licheng's position was liquidated and reduced one hour ago, and now the position has dropped to 10100 ETH, with a value of approximately 17.8871 million US dollars.
BTC holds at $62,800 after last week's brush with $58,000, while LIT surges 50% and the Altcoin Season indicator hits its highest reading in three months.
