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Renowned analyst PlanB expressed opposition to the Bitcoin BIP-110 proposal, believing that those supporting the fork do not truly understand the decentralized nature of Bitcoin.The proposal aims to temporarily limit non-payment data on-chain through a soft fork, with the current miner support rate at approximately 1%.

The important event in the field of financial technology and digital assets in Asia------Wiki Finance EXPO Hong Kong 2026 will be held in Hong Kong from July 23 to 24, 2026. This event will bring together global financial technology companies, digital asset platforms, and industry participants to discuss the development trends of financial technology and the construction of the digital asset ecosystem.As a stablecoin-driven global payment infrastructure platform, WasabiCard will participate in this exhibition to engage in in-depth exchanges with global partners and share innovative practices and implementation experiences of stablecoin payments in the globalization of enterprises.WasabiCard is committed to significantly enhancing global settlement and payment efficiency for enterprises through its core capabilities of global card issuance, stablecoin payments, cross-border fund distribution, and global remittance. Currently, the platform's services cover over 200 countries and regions worldwide, supporting more than 30 mainstream currencies; at the same time, it integrates a full-process compliance risk control system including KYB, KYC, KYT, and AML to build a safe, reliable, and efficient global funding chain for enterprises.Participating in Wiki Finance EXPO Hong Kong 2026 is not only an important opportunity for WasabiCard to engage in in-depth exchanges with global financial technology and digital asset industry partners but also an important opportunity to further expand global ecological cooperation and enhance brand influence. In the future, WasabiCard will continue to promote innovation in stablecoin payment infrastructure and explore new trends in the development of the global payment system together with industry partners.

David Sacks, Chairman of the President's Council of Advisors on Science and Technology, stated on the X platform that using regulatory uncertainty as a competitive tool is "completely unacceptable." Regulatory decisions should be based on facts, logic, and evidence, rather than deliberately creating fear and uncertainty (FUD). He is unsure whether venture capitalist and AI policy researcher Dean Ball is acknowledging a strategy of "regulatory capture" or merely predicting that such a situation will occur. However, in any case, the practice of issuing "soft law" warnings through regulatory agencies to create market panic, thereby forcing regulated companies away from Chinese open-source models, should not be accepted.David Sacks pointed out that Dean Ball believes there is no need to directly ban Chinese open-source models; it is sufficient to guide regulatory agencies to issue relevant warnings, which can influence corporate decision-making by creating enough doubt and uncertainty, and these reasons "do not even need to be very substantial." Any regulatory decision must have sufficient basis, rather than implementing policies by "artificially creating doubt." He warned that this practice of circumventing public deliberation procedures not only undermines the foundation of the rule of law but may also open the door to regulatory abuse against any company or individual in the future.David Sacks further stated that current AI policy is at a critical turning point. Leading closed-source laboratories, which have already formed a duopoly in AI model revenue, are attempting to use government power to eliminate open-source competitors. He called on other companies and developers in Silicon Valley that still support open competition to make clear statements to jointly maintain an open ecosystem in the field of AI.

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.

Crypto journalist Eleanor Terrett posted on the X platform that the U.S. Senate yesterday passed a resolution by unanimous consent, stating that FTX founder Sam Bankman-Fried should not receive a presidential pardon.The resolution was introduced by Senators Ruben Gallego and Cynthia Lummis, formally recording the Senate's political statement opposing the pardon for SBF.However, the resolution is not legally binding, so it will not prevent the U.S. President from pardoning SBF in the future, nor does it have any direct impact on his current legal situation.

Ripple's Co-Head of Global Public Policy and Government Affairs, Lauren Belive, stated that opposing the CLARITY Act is not against the crypto industry, but rather against consumers, as it will leave crypto holders exposed to bad actors exploiting regulatory arbitrage. Belive noted that the U.S. digital asset market already exists, but federal rules to protect consumers have not kept pace. She pointed out that the regulatory gap that led to the FTX collapse and customer fund losses still exists.Belive stated that the CLARITY Act would grant the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) clear joint jurisdiction over the digital asset market and require tokens to undergo regulatory oversight before entering the market. Ripple's Chief Legal Officer and President of the National Cryptocurrency Association, Stuart Alderoty, stated that opposing the CLARITY Act would allow the current unregulated status to continue, which would be exploited by bad actors.

The digital asset trading platform Gate announced that it will open the second phase of the Pre-IPOs project for OpenAI (OPENAI) from July 15, 2026, 15:00 to July 17, 15:00 (UTC+8), supporting participation in both USDT and GUSD. The total subscription value of the project is approximately 20 million USD, issuing 27,700 OPENAI asset certificates, priced at 1 OPENAI = 722 USD, with a minimum investment starting at 100 USDT or 100 GUSD, and waiving implied fees and custody costs. OpenAI, driven by products like ChatGPT, has promoted the development of generative AI and has received investments from Microsoft and others, with a market implied valuation of approximately 895 billion USD.The OPENAI asset certificates are mirror notes prior to the OpenAI IPO, used to map the company's value before and after going public; Gate will hedge exposure by acquiring relevant stocks and provide pre-market trading, long-term holding, and future paths for exchanging stock assets, stock tokens, or USDT. Distribution is calculated based on the "average locked amount per hour," with earlier participation and longer lock-up periods receiving higher weights; the certificates will unlock in three phases on July 17, August 17, and September 17, and pre-market trading will open on July 20.

Token Pocket's Chief Business Officer Michael stated that the mnemonic phrase of the Robinhood founder was leaked during a live broadcast. After hackers gained control of the address, they used that address and associated addresses to buy a large amount of the Meme coin at $1, prompting thousands of investors to follow suit, rapidly increasing the market value of the token from about $500,000 to $14 million in a short period.Subsequently, the price of the $1 token fell sharply, with a trading volume of about $20 million within just two hours. After the related addresses were frozen, the hackers quickly moved to the BNB Chain (BSC), using that address and its associated addresses to issue new tokens, and created trading hype through self-buying and selling, ultimately executing a sell-off to cash out. Robinhood's RPC has frozen that address, and nodes do not allow transactions sent from that address to be packaged, so transfers and trades cannot be conducted.

Blockstream co-founder Adam Back commented on the controversy within the Bitcoin community regarding BIP 110, stating that he understands and sympathizes with the concerns of those supporting BIP 110, who hate spam transactions and want to protect the network. However, the proposal is essentially an act of "trying to monitor others," which would erode Bitcoin's decentralization, security, and neutrality, fundamentally conflicting with the spirit of Bitcoin.In response, Michael Saylor retweeted and stated, "There are 110 things more dangerous to Bitcoin than spam. BIP 110 turns the spam controversy into a consensus change, which will invalidate some currently valid transactions that have paid fees. This precedent is the real danger, and we should focus our energy on the truly important threats."Previously, David Bailey, chairman of the Bitcoin Treasury Company Nakamoto and chairman of Bitcoin Magazine, stated that the failure of the so-called "BIP-110" long-standing controversy constitutes an "extreme benefit" for Bitcoin and believes this further validates the network's resistance to attacks and splits.

According to Gate market data, today in the Hong Kong stock market, the chip design stock Guo Wei Holdings reached an intraday increase of 66.66%; Paig Bio-pharmaceuticals-B rose by 41.04%; and Zhaogangwang-W increased by 29.54%. Popular sectors such as chip design, industrial internet, and innovative drugs are performing actively, and market attention continues to heat up.

According to Bitcoin Magazine, SpaceX officially joined the Nasdaq 100 Index on July 7, after the company disclosed that its balance sheet holds 18,712 bitcoins. JPMorgan estimates that this index rebalancing will drive approximately $4.3 billion in passive inflows into funds and ETFs that track the Nasdaq 100. This means that through corporate treasury channels, institutional capital has gained structural exposure to bitcoin.After SpaceX's inclusion, the number of companies holding bitcoin in their treasury within the Nasdaq 100 has increased to three (SpaceX, Tesla, and Strategy). Analysts point out that the inclusion in the index creates demand driven by rules rather than active allocation, and the combination of bitcoin holdings with strong fundamentals can enhance a company's market visibility and liquidity. Currently, publicly listed companies collectively hold over 1.26 million bitcoins, and corporate bitcoin strategies are shifting from early experimentation to integration with mature financial infrastructure.

Jack Yi stated that the weekly level of Bitcoin is still in a downtrend, and in the short term, attention should be paid to whether it can effectively break through 68,000 USD.He believes that only by strongly standing above 68,000 USD can a more significant reversal in the market occur; if the breakout fails, the price may once again test the bottom, and there is a risk of falling below 47,000 USD that needs to be monitored.

NextGen Venture (NDV) founder Jason Huang stated that the institution had previously successfully issued an early warning about the pullback risk of Strategy (MSTR), and is currently taking the opposite action by starting to include Circle (CRCL) on the watchlist, looking for opportunities amid pressured market sentiment.

According to official social media news, Huobi HTX will hold a themed live broadcast today at 20:00 titled "Concerns About AI Bubble + Rising Interest Rate Expectations: Is Now the Time to Buy BTC or Should We Wait?" At that time, crypto KOLs such as Sister Mao Mao, Dada, Crypto.0824, and Genuine Little Taoist will attend to analyze whether BTC is facing new allocation opportunities in light of the current macro environment and market sentiment, and how investors should grasp the subsequent market rhythm.

According to Cointelegraph, MidChains CEO Basil Al Askari stated that sovereign wealth funds are accumulating spot Bitcoin, indicating that the current price levels are attractive to institutional investors. Al Askari confirmed that at least one sovereign wealth fund has been accumulating Bitcoin, and a second one may join in the coming weeks. Global sovereign wealth funds control over $13 trillion in assets, and Al Askari mentioned that the current low price is seen as "an opportunity window for large funds to enter."

Crypto KOL Ansem reiterated the long-term investment logic of Bitcoin, stating that despite previously holding a bearish stance, the current price level presents a good buying opportunity. He pointed out that the core narrative of Bitcoin as the hardest currency remains unchanged—it's not subject to government seizure, can be transferred across borders instantly, and is not affected by the long-term depreciation of the dollar, making it an ideal vehicle for long-term wealth storage. The performance of gold outpacing Bitcoin between 2024 and 2025 temporarily undermined the "digital gold" narrative, but he believes that as long as price momentum rebounds, market confidence can be restored.On a macro level, Ansem believes that with the reopening of the Strait of Hormuz and the expected easing of inflationary pressures, the Federal Reserve's hawkish stance may be nearing its peak, at which point both Waller and the Federal Reserve will have room to cut interest rates rather than continue raising them; the strength of the dollar and rising interest rates exert pressure on gold, but if profits from AI stocks flow into real estate, cash, and long-term value storage assets, both gold and Bitcoin will benefit; institutional investors like Paul Tudor Jones still show interest in Bitcoin.Previously, Ansem candidly admitted to being bearish on Bitcoin due to Saylor's (founder of Strategy) position risk, once believing that $60,000 would be hard to maintain, but he stated he is now responding to buy signals. He noted that the current price action has priced in the worst-case scenario of Saylor being forced to sell, and even if he truly needs to sell, it would not happen for at least six months. He concluded that Bitcoin is currently at the intersection of long-term historical support levels and the most pessimistic market sentiment he has observed, making entry at the beginning of Q3 a trading opportunity worth paying attention to.

Michael Saylor called on the Bitcoin community on the X platform not to engage in internal strife over minor differences, but to focus on market opportunities. "Bitcoin supporters are united on 99% of important matters. We should not let 1% of differences divide us, especially when the vast majority of global capital has yet to enter the Bitcoin monetary network. The opportunities are far greater than the debates."