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According to Jinshi reports, Samuel Tombs of Pantheon pointed out that the University of Michigan Consumer Confidence Index rose from 49.5 in June to 54.4, exceeding economists' expectations of 50.5, but still below last year's average level. He stated that the decline in inflation expectations provides some comfort to the Federal Reserve, although Chairman Waller's tough rhetoric failed to further lower expectations.At the same time, the "lack of leverage" for workers means that the likelihood of wage growth rising due to the recent overall inflation rebound is very low.

Tom Lee stated that as AI "bottleneck" related stocks adjust, AI downstream assets are strengthening, including SMH, DRAM, MAGS, IGV, as well as AI downstream related ETHA and Ethereum ETH.He pointed out that over the past month, Ethereum has outperformed DRAM by about 5,500 basis points, or 55%.

According to Jinshi, the initial value of the U.S. inflation rate expectations for the 5 to 10-year period in July is 3.3%, which is consistent with both the expectations and the previous value of 3.3%.

According to Coinglass data, if ETH breaks through $1,915, the cumulative short liquidation intensity on mainstream CEX will reach $1.038 billion. Conversely, if ETH falls below $1,734, the cumulative long liquidation intensity on mainstream CEX will reach $425 million.

According to Coinglass data, if BTC breaks through $66,305, the cumulative short liquidation intensity on mainstream CEX will reach $1.677 billion. Conversely, if BTC falls below $60,049, the cumulative long liquidation intensity on mainstream CEX will reach $1.033 billion.

ARK Invest released the Q2 2026 Bitcoin report stating that Bitcoin fell by about 14% in the second quarter, dropping below the realized price for short-term holders, the 200-day moving average, and the on-chain average, with the technical outlook remaining bearish. However, the proportion of loss supply rose to about 54%, and the supply of long-term holders increased to a historical high of about 14.85 million BTC, which ARK views as a potential signal of seller exhaustion.The report also pointed out that Bitcoin has not yet fallen back to the on-chain cost range of about $49,000 to $53,000, and the downside risk has not been fully released; the net outflow of the U.S. spot Bitcoin ETF in Q2 was about 71,000 BTC, and the preferred stock of Strategy, STRC, fell to a minimum of $74.57.

According to The Block, Bernstein pointed out in its latest research report that the perpetual contract structure originating from the cryptocurrency market has first entered the AI computing power market. The Architect AX exchange, registered in Bermuda and not regulated by the CFTC, has launched GPU computing power perpetual contracts, which are anchored to spot prices through funding rates, a mechanism that directly originates from the cryptocurrency market. The cash-settled computing power futures from CME and ICE are still awaiting CFTC review, with a launch expected by the end of 2026.In addition, the CFTC-regulated prediction market platform Kalshi has previously launched prediction contracts linked to GPU rental prices and introduced the computing power pricing curves for B200, H200, and A100 chips on July 14, with the B200 quoted at $5.41 and a historical peak of $7.39.Bernstein noted that unused GPU computing power cannot be stored, and hedging is the only way to bear price risk. However, the current market liquidity is still dominated by speculative funds, and the difficulty in constructing computing power benchmark indices is also a major bottleneck in market development.

JustLend DAO has successfully executed the fourth $JST token buyback and burn plan based on the community-approved burn plan proposal.This time, a total of 355,021,530.97 JST was burned, which includes 248,357,799 JST from the buyback and burn in the second quarter of 2026, as well as approximately 106,663,731.97 JST from the historical stability fee accumulation of USDJ.Thus, the JST deflationary mechanism continues to advance steadily, becoming a systematic project driven by real protocol revenue and executed transparently on-chain. This burn further reduces the circulating supply of JST in the market, reflecting the community's strong consensus on the long-term value of the token economic model and injecting stronger confidence into the sustainable development of the ecosystem.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Team Falcons vs. Vici Gaming - Esports World Cup Playoffs," the "Team Falcons" option in the sub-market "Match Winner" has experienced significant fluctuations in win probability, dropping from 81.5% an hour ago to the current 55.5% (a fluctuation of 26%). Please note the impact of related breaking news.

According to Etoday, the South Korean Democratic Party stated that it will restart the special task force on digital assets after completing adjustments to its internal leadership and plans to propose the "Basic Law on Digital Assets" in September, aiming to complete legislation within the year. Democratic Party member Park Min-kyu mentioned that the content of the bill and the submission time will be coordinated by the National Assembly, the presidential office, and relevant departments, with discussions expected to start as early as early September.In addition to clarifying the issuers of stablecoins, it is also necessary to improve the supporting systems for market structure, security, and regulation, and to establish a localized digital asset system that aligns with South Korea's financial regulatory environment. Furthermore, Democratic Party member Min Byeong-deok suggested developing the Korean won stablecoin as a payment and settlement tool to support the overseas development of Korean culture, business, tourism, and manufacturing.

According to Cointelegraph, Piero Cipollone, a member of the Executive Board of the European Central Bank (ECB), stated that the large-scale adoption of stablecoins could weaken the retail deposit base of commercial banks and alter the competitive landscape of the traditional banking system. Cipollone pointed out during a speech at the Italian Banking Association in Rome on Friday that digital payments are reshaping the banking industry while increasing Europe’s reliance on non-European payment infrastructures.Banks are currently facing declining payment fee revenues and loss of transaction data due to the development of mobile payment service providers. As payment tools like stablecoins and other digital assets become more widespread, commercial banks may face increased pressure from deposit outflows. Cipollone emphasized that the digital euro will help maintain the status of public money and ensure that banks continue to participate in the payment ecosystem while meeting the evolving financial needs of customers."The digital euro can both maintain the role of public funds and ensure that banks retain an important role in the payment system," Cipollone stated. This Tuesday, the European Central Bank selected 36 payment service providers to participate in a 12-month pilot project for the digital euro, including banks, fintech companies, and payment firms.The pilot program is set to launch in the second half of 2027, aiming to test the feasibility of retail central bank digital currency (CBDC) operating in the eurozone. The European Central Bank has previously stated that if relevant legislation and testing progress smoothly, the digital euro could be officially issued as early as 2029.

Gate Research Institute recently released the market report titled "June Market Structural Adjustment, Funds Concentrated on Impulsive Volume Opportunities," indicating that in June 2026, the cryptocurrency market weakened again under the multiple influences of macro pressure, institutional capital outflows, and a decline in risk appetite.From the market structure perspective, June did not see a widespread recovery, but rather a localized profit effect driven by a few long-tail assets. About 71% of the top 500 tokens recorded a decline, with only a quarter achieving an increase. BTC, ETH, and most mainstream assets faced pressure simultaneously, while low market cap tokens like CYDX, ANSEM, VELVET, SYN, and CX recorded increases of several times or even hundreds of times due to event catalysts and capital speculation, significantly raising the overall average returns.Volume analysis shows that the average trading volume amplification factor for 450 valid samples is 2.54x, with a median of only 0.49x. Only 17 tokens had a volume increase of more than 3 times, and 8 tokens exceeded 10 times. TEMPLE (289.05x), CX (259.13x), and MTBILL (128.15x) ranked at the top of the volume list.Overall, the market in June is still in a phase of shrinking risk appetite, and true recovery signals still need to be observed in the stabilization of leading assets like BTC and ETH, as well as the re-diffusion of funds from long-tail speculation back to mainstream assets.

RootData has integrated stock perpetual contract-related data into the API Professional Edition subscription system, covering core data such as stock perpetual contract trading pairs, market conditions, and liquidity.Currently, the RootData API has served over 220 institutional clients, covering not only mainstream trading platforms like Binance, OKX, Bitget, and Gate, but also widely adopted by market makers and quantitative institutions such as Amber Group and Presto Research. With continuously expanding data dimensions and stable real-time data service capabilities, RootData is gradually becoming an important provider of institutional-level crypto data infrastructure.

Michael Saylor posted on the X platform, stating that fiat currency is the problem, and strengthening companies, institutions, securities, and technologies related to Bitcoin is part of the solution. People can discuss viewpoints, and allies should not be mistaken for enemies.

According to the official announcement, Bitget has added 22 US stock tokens (rToken) that support weekend trading, including rMRNA (Moderna), rAMAT (Applied Materials), rORCL (Oracle), and other underlying assets. After this update, the number of stock tokens that the platform supports for weekend trading has increased to 61.During the US stock market's off-hours, the platform will generate weekend continuous trading prices based on Friday's closing price, market maker quotes, and market expectations. This feature supports limit orders and take-profit/stop-loss settings. To prevent abnormal fluctuations, the system has a protection limit of approximately ±20% for weekend limit orders.It is reported that the rTokens, identified by the letter r + stock code (for example, Nvidia is rNVDA), are issued by Reality, a licensed RWA protocol under Bitget, and are directly connected to global liquidity pools such as Nasdaq and the New York Stock Exchange through collaboration with the compliant broker Alpaca. Their features include: 1:1 reserves of underlying assets held by licensed custodians, stock dividends distributed in token form at a 1:1 ratio, corporate actions such as stock splits and consolidations mirrored in real-time, and positions that can serve as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

According to Coinglass data, on July 17 at 16:29, 39.0914 million USDT was detected being transferred from an unknown wallet to Binance.

According to Gate market data, Netflix fell 9.2% in pre-market trading, as the company expects third-quarter revenue and profit to be below market expectations.

According to the official announcement, Bitget has launched over 2800 US stock options trading, covering most mainstream US stock underlying assets. Users can trade US stock options through the platform and enjoy a 0 commission benefit, while also receiving 30 days of free real-time options quotes.It is reported that Bitget's options trading adopts a T+1 settlement cycle, consistent with US stock spot trading; the trading hours are from 9:30 AM to 4:00 PM Eastern Time, and only cash trading is supported (margin buying is not supported), with a Long Call/Put margin rate of 100%. The system also provides an order profit and loss estimation assistant, supports order modification, cancellation, and record inquiry, ensuring users achieve a more transparent asset allocation.

DeFi infrastructure company Enso disclosed in a report a type of malicious liquidity pool called "toxic pools," which manipulates trading simulations to return false optimal quotes to wallets and DEX aggregators, and alters logic during actual on-chain execution. Enso stated that the relevant malicious contracts can identify read-only simulation environments and return optimized prices, but once the trades are broadcasted on-chain, they execute at worse prices or result in transaction failures.A manipulated Curve pool processed over 129,000 exchanges, resulting in approximately $225,000 in inflated quotes, with over 37,000 transactions rolling back and consuming nearly $30,000 in gas fees. On Polygon, a malicious Uniswap v4 hook attracted routing systems with false exchange rates, subsequently triggering a 99.1% transaction failure rate. Enso stated that it has updated its execution protection product Enso Shield to detect false quotes in Ethereum and Polygon environments.

The National Development and Reform Commission officially released the "Action Plan for the Cooperative Development of Artificial Intelligence," aimed at building an open, shared, secure, orderly, and collaboratively governed global artificial intelligence ecosystem. The plan clearly outlines eight core actions, comprehensively promoting deep international cooperation in the AI field from multiple dimensions, including data, computing power, algorithms, talent, and governance. At the foundational level of data and computing power, the action plan emphasizes the need to promote cross-border data flow and build a trustworthy cross-border data space, collaboratively constructing a high-quality corpus; at the same time, it promotes the interconnection of intelligent computing facilities, providing inclusive intelligent computing services to developing countries, and creating low-carbon intelligent computing infrastructure driven by green energy.In terms of industrial empowerment and ecological sharing, the plan encourages the co-construction of an international open-source community for artificial intelligence, promoting the sharing of general large models, basic algorithms, and tool components, and supporting countries in conducting localized innovation based on open-source models. By deepening "Artificial Intelligence +" cooperation, it aims to build a cross-national industrial cooperation platform, promoting the deep application and empowerment of AI technology in fields such as science, manufacturing, healthcare, education, agriculture, and governance. In addition, the plan also proposes the establishment of a joint training mechanism for top digital talent, collaboratively formulating occupational standards and skill certification systems, comprehensively enhancing public literacy, and jointly addressing the structural impacts of AI on employment.Regarding industry rules and technical security, the action plan advocates for the co-construction of rules and standards and collaborative governance for security. All parties will strengthen information sharing on cybersecurity threats and emergency response cooperation, researching ways to enhance the explainability, transparency, and safety of artificial intelligence. Finally, the plan emphasizes adherence to the technological ethics principle of "AI for Good," collaboratively constructing an ethical guideline system dedicated to eliminating algorithmic biases in the forms of racism, discrimination, and others. By promoting international governance cooperation in AI research, it aims to contribute public scientific products to the Global South, effectively serving the United Nations' 2030 Sustainable Development Goals.