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According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 62.1%, while the probability of a cumulative increase of 25 basis points is 37.9%. By September, the probability of keeping interest rates unchanged is 15.1%, the probability of a cumulative increase of 25 basis points is 56.2%, and the probability of a cumulative increase of 50 basis points is 28.7%.

According to TheMinerMag, the former largest Bitcoin mining pool in the world, Poolin, has applied for Chapter 11 bankruptcy protection in the United States, planning to sell its Texas Bitcoin mining assets for $52 million and cease operations. Poolin and its two U.S. affiliates submitted a voluntary application to the bankruptcy court in New Jersey on July 22, with liabilities of approximately $173 million, of which about $163.7 million is unsecured IOUs issued to Poolin wallet users after withdrawals were suspended during the downturn of the crypto market in 2022.Approximately 11,700 wallet users hold balances of over $100. Its two Texas mining sites ceased mining and hosting operations on July 10. Poolin has reached an asset purchase agreement with Thor CALAP LLC, with the Pyote site valued at $15 million and the Tarbush site’s power rights and equipment valued at $37 million, making a total bid of $52 million as the starting bid. Poolin stated that demand for AI infrastructure may increase the value of the mining site’s power and equipment. The final recovery amount from the court auction will depend on bids, fees, and court approval.

A report jointly released by the Bitcoin collateral lending platform CoinRabbit and the computing power platform GoMining points out that managing Bitcoin is more important than mining it. As the block reward drops to 3.125 BTC and the overall network difficulty approaches historical highs, low electricity prices and high uptime only constitute a survival baseline. What truly differentiates mining companies is the method of handling Bitcoin after it is mined.The report suggests that mining companies are shifting from direct sales to collateralized lending to cover recurring expenses such as electricity, custody, and labor. This approach retains exposure to holding Bitcoin while generating cash flow, avoids taxable sales, and preserves the deduction space for operating expenses. The trade-off is that mining companies simultaneously bear the dual risks of price and liquidation when Bitcoin prices decline.Jeremy Dreier, Chief Business Development Officer of GoMining, stated that the miners who can succeed after the halving are those who operate efficiently and have set aside cash in advance for this purpose. The current decline in Bitcoin prices has actually lowered the cost of increasing computing power, creating a window of opportunity for investing in expanding mining machines.

According to GMGN data, the top 5 tokens with net inflow of KOL in the past 24 hours are as follows:Jimothy (Ge87....ump): Net inflow of $7,000, with a 24-hour change of -32.7%, currently priced at $0.0248.SAKURA (EWiV....ump): Net inflow of $1,000, with a 24-hour change of 49.2%, currently priced at $0.0003.Terp (ALvN....ump): Net inflow of $807, with a 24-hour change of -65.5%, currently priced at $0.0001.Terp (G2rk....ump): Net inflow of $399, with a 24-hour change of 12.1%, currently priced at $0.0001.Lambocheesi (7W2q....ump): Net inflow of $252, with a 24-hour change of 1065.7%, currently priced at $0.0001.

According to on-chain analyst Yu Jin (@EmberCN), an address belonging to the initial team/investors of MakerDAO sold all 1,050 MKR, which had been held for nearly 10 years, 20 minutes ago, exchanging it for 1.316 million USDC before transferring it to Kraken exchange. This address originally received the aforementioned MKR in April 2016 and had not moved any of it for 10 years, except for a migration operation during the token upgrade in 2018.

Binance founder Zhao Changpeng paid tribute to BitMEX founder Arthur Hayes. It's unfortunate to see BitMEX shut down. Some thoughts:BitMEX was the first to launch 100x cryptocurrency trading back in 2014. Futures contracts had existed before this, making Friday trading exceptionally busy. BitMEX only accepted Bitcoin deposits, supported only one chain, allowed withdrawals once a day, and required multi-signature wallets. These seemingly inconvenient restrictions actually protected them from hacker attacks.After 18 months of struggle, the four founders ultimately admitted to violating the Bank Secrecy Act (BSA) a month before the trial. They were each fined $10 million and placed under house arrest. No one went to prison as a result. However, their business ultimately could not withstand the "cryptocurrency war" initiated by the Biden administration.In the end, the liquidation process of BitMEX appeared orderly, and users were able to withdraw their assets. Tribute to Arthur Hayes.

Bitget appeared as a sponsor at the WikiFX exhibition. Bitget CFD Chief Analyst Lewis Huang delivered a speech titled "One Account, Invest Globally: The Cross-Asset Trading Revolution in the UEX Era," pointing out the core pain points faced by active traders today: "Opportunities are global, but capital is fragmented."In response to this situation, Bitget proposed the concept of the panoramic exchange UEX. Lewis Huang stated that what traders need is not more apps, but a highly integrated trading ecosystem. Relying on the Bitget UEX architecture and cross-asset margin mechanism, users only need one account, one KYC verification, and a unified capital pool to configure diverse assets such as cryptocurrencies, U.S. stocks, foreign exchange, precious metals, and global indices. This helps traders quickly seize opportunities when macro trends arise, achieving a global, cross-asset one-stop layout.

According to Jinshi, the number of initial jobless claims in the United States for the week ending July 18 was 187,000, the lowest since the week of September 24, 2022, with an expectation of 212,000, and the previous value revised from 208,000 to 209,000.

On July 23, WEEX announced that the platform has launched the "WXT Gold Rush Season." During the event period (7/21 18:00 - 7/28 17:59:59 UTC+8), new users who make their first spot trading purchase of WXT can receive 100 WXT + 100 USDT contract bonus; all users whose net purchase of WXT reaches specified tiers can participate in sharing the prize pool of 60,000 WXT / 100,000 WXT / 200,000 WXT / 300,000 WXT; new users who participate in WXT Staking for the first time and reach the specified staking amount can receive a 5% or 10% APR interest coupon; existing users who increase their staking amount to reach the specified tier can receive a 5% or 10% APR interest coupon.

According to Report.az, the government of Kazakhstan has approved the "Strategic Digital Mining Implementation Rules," allowing enterprises to obtain electricity quotas from power generation institutions at a capped price over the next 10 years.In exchange, the relevant enterprises are required to transfer a portion of the mined cryptocurrency into the Astana Hub Autonomous Cluster Fund, which will then be managed in trust by the National Investment Company under the National Bank of Kazakhstan to supplement the national strategic cryptocurrency reserves.

In response to the accusations from Michael Kratsios, the Director of the White House Office of Science and Technology Policy, regarding Moonshot AI (Kimi) referencing Anthropic's Fable while developing the K3 model and building a large-scale distillation platform, Moonshot AI team member Randy Xia stated that Fable was released on July 1 and K3 went live on July 15, which means that the model research, distillation, training, and release were completed in just 15 days. He joked, "We trained a brand new cutting-edge model in just 15 days; this is practically a Guinness World Record."Kratsios had previously stated that Moonshot AI established an internal platform capable of large-scale distillation for U.S. models, switching between various access methods to evade detection, and had procured GB300 servers and accessed related equipment in Thailand for training. The U.S. side expressed support for legitimate distillation but opposed the theft of technology through secret industrial distillation methods.

Libbitcoin developer @evoskuil stated that the latest version of Libbitcoin Server can complete the initial block download of a Bitcoin full node in 55 minutes and perform full verification. This speed improvement comes from a new GPU-based signature verification system that runs in parallel with conventional script verification, rather than as a separate step.The software does not pause execution to verify each ECDSA and Schnorr signature; instead, it captures signature checks, batches them, and processes them via GPU while the remaining verification continues. @evoskuil indicated that this method achieves about a 99.5% signature capture rate without blocking verification, thus eliminating the need for a second verification. If a batch signature check fails, the software traces it back to the corresponding block and marks that block as invalid. He also mentioned that this design can batch process an almost arbitrary number of signatures, keeping the GPU ahead of the remaining verification process and significantly shortening the full node synchronization time.

The B.AI API officially launches two models, Gemini 3.6 Flash and Gemini 3.5 Flash-Lite. Among them, Gemini 3.6 Flash, as an upgraded version of 3.5 Flash, significantly improves output quality while maintaining the same pricing, with an average reduction in token consumption of about 17%. Especially in complex scenarios like DeepSWE, the maximum reduction can reach 65%, greatly enhancing development efficiency and cost-effectiveness. Gemini 3.5 Flash-Lite, on the other hand, offers ultra-fast output of up to 350 tokens/s and exceptional cost performance, precisely meeting the demands of high concurrency and high real-time tasks such as document batch processing and Agentic intelligent retrieval. Currently, both models have opened official API interfaces, allowing developers to log in to the B.AI platform immediately for a seamless experience and enjoy the performance benefits brought by the new generation of models.

Bloomberg New Energy Finance (BNEF) latest forecast shows that by 2035, electricity consumption by data centers in the United States will account for about 20% of the nation's total electricity consumption, a significant increase from the current level of about 5.9%. The agency has raised its forecast for data center electricity demand in 2035 to 106 GW, which is 36% higher than the 78 GW predicted in April this year. Currently, the operating capacity of data centers in the U.S. is about 40 GW, accounting for approximately 3.5%-4% of the national electricity demand, while under BNEF's baseline scenario, this proportion is expected to reach 8.6% by 2035. The high-growth model from the Electric Power Research Institute (EPRI) indicates that if the combined effects of cryptocurrency mining and AI computing power are taken into account, the upper limit of this proportion also points to 20%.In response to the explosive growth in AI computing power demand, Bitcoin mining companies are actively transforming. Companies like Core Scientific and Riot Platforms have partnered with tech giants such as AWS and Google to convert their existing mining sites into AI data centers. Currently, Bitcoin mining companies have secured about 6 GW of electricity capacity, which is expected to expand to 12 GW by 2027, with some analysts estimating that about 20% of mining companies' computing power capacity will shift towards AI workloads by then. Data from the Electric Reliability Council of Texas (ERCOT) shows that data centers now account for about 90% of local large load applications, with many sites originally used for cryptocurrency mining being repurposed as AI computing facilities. This trend is also directly reflected in the capital markets, as Core Scientific has seen a significant rebound in its stock price after emerging from bankruptcy and partnering with AI cloud service provider CoreWeave.

According to SoSoValue data, the cryptocurrency market sector maintains an upward trend, with Bitcoin (BTC) rising 1.83%, approaching $67,000; Ethereum (ETH) rising 1.38%, breaking through $1,900.At the same time, the SocialFi and RWA sectors performed outstandingly, rising 6.15% and 5.85% respectively in 24 hours. Within the SocialFi sector, Gram (GRAM) rose 6.89%; within the RWA sector, Ondo Finance (ONDO) rose 11.68%, Centrifuge (CFG) rose 6.25%, and Plume (PLUME) and RE rose 8.2% and 12.04% respectively.In other sectors, the PayFi sector rose 2.24% in 24 hours, with Monero (XMR) rising 6.24%; the Meme sector rose 0.8%, with SPX6900 (SPX) rising 4.94%; the Layer2 sector rose 0.62%, with Optimism (OP) rising 5.02%; the Layer1 sector rose 0.33%, with Hedera (HBAR) rising 4.87%; the CeFi sector rose 0.32%, with Bitget Token (BGB) rising 2.53%. In addition, the DeFi sector fell 2.54%, but ZeroLend (ZERO) rose against the trend by 50.73%.

According to market news, Bitcoin Treasuries.NET posted on platform X that shareholders of the UK Bitcoin treasury company Satsuma Technology, supported by Mark Moss, have voted to sell all of their remaining 668 BTC, return capital to shareholders, and close the company.

Vitalik posted on the X platform stating that a new type of "high-level programming language" worth trying is a language compiled to Lean (or HOL, etc.), focusing on making it as easy as possible for humans to read definitions and theorems. Rather than proofs, because proofs only need to be correct, the key lies in the definitions and theorems themselves. The envisioned use is that AI outputs a large segment of proof, and the reader needs to understand as easily as possible which precise claims have actually been proven in these outputs.

According to GlobeNewswire, Nasdaq-listed Bitcoin mining company Bitdeer released an unaudited production and operation update for June 2026. The company's Bitcoin mining output in June was 990 coins, a year-on-year increase of 388%; self-mining computing power was 73 EH/s, with a total managed computing power of 86.1 EH/s, and 243,000 self-owned mining machines.The Sealminer Nevada manufacturing plant has begun construction and is expected to be completed by the end of 2026. In terms of AI cloud business, monthly ARR has increased to $76 million, GPU utilization is at 95%, and the delivery of the NVIDIA GB300 NVL72 cluster has been completed. Currently, Bitdeer's total controllable power capacity globally reaches 3.02 gigawatts, with multiple cryptocurrency data centers simultaneously advancing the transformation into AI computing center plans.

Selini Capital has just requested to unstake 504,000 HYPE, worth $31.7 million. This address deployed the HIP-3 Dreamcash market.After announcing the closure of the market, Selini is unstaking the HYPE required for the deployment and maintenance of the market, having profited nearly $20 million from this "investment."