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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 value of tokenized real-world assets on Robinhood Chain has increased to approximately $70 million, growing about 5 times in less than two weeks. As tokenized stocks begin to form scaled trading, the scale of related assets is expanding simultaneously.Currently, there are 12 tokenized stocks with a daily trading volume of at least $500,000, including GameStop, Nvidia, and SpaceX, with some tokenized stocks exceeding a daily trading volume of $1 million. The total locked value on Robinhood Chain has increased to approximately $312 million, growing about 3 times compared to before. Stablecoin and meme coin trading still dominate the activities on the chain, while trading related to real-world assets accounts for a portion of the incremental growth.

According to on-chain analyst @ai_9684xtpa, the Worldcoin multi-signature address transferred a value of $13.84 million in WLD to two new addresses 9 hours ago.The upstream address actually received 60 million WLD, and this time only transferred out 36.94 million WLD; the receiving addresses have not yet transferred or sold.

At the 2026 Wiki Finance Expo, Bitget was awarded two industry awards for its innovative performance in the multi-asset trading market: "Global Outstanding All-Asset Innovation Platform" and "Asia's Leading Innovative Trading Platform."Currently, Bitget's CFD daily trading volume reaches 10 billion dollars. The platform has launched a zero-fee model for CFDs and continues to upgrade its CFD copy trading system, extending its mature cryptocurrency trading capabilities to a broader range of multi-asset scenarios.Bitget's Chief Analyst Lewis Huang stated that the next phase of the trading market will be driven by the deep integration of Web3 and traditional finance. Bitget will rely on the UEX architecture to continuously provide users with a more unified, flexible, and global cross-asset trading experience.

According to official news, Raydium announced the launch of permissioned automated market makers (AMM) and permissioned pools, open to asset issuers that need to meet KYC or regulatory requirements.Issuers can directly access the liquidity infrastructure on the Solana chain while maintaining participant access control, establishing a compliant secondary trading market.

Mirae Asset has completed the acquisition of Korea's earliest cryptocurrency exchange Korbit at 97.15% and has renamed it Digital X.The company plans to develop Digital X into a smart investment platform, integrating real-world assets, security tokens, stablecoins, traditional assets, and digital assets within the same ecosystem. Mirae Asset stated that it will not directly compete with dominant exchanges like Upbit and Bithumb, focusing instead on investor education, research, strict compliance standards, and institutional-grade infrastructure.

CryptoQuant analyst Axel Adler stated that the current bear market phase of Bitcoin has seen the highest historical scale of holder realized losses, with the 30-day moving average (30DMA) of realized losses reaching $1.37 billion in February 2026, which is 19% higher than the cycle peak of $1.15 billion in 2022. Data shows that since the February peak, Bitcoin realized losses have decreased by 56.5%, currently down to about $597 million; meanwhile, the scale of realized profits has only slowly recovered to $257 million.Axel Adler pointed out that the sell-off pressure driven by losses has significantly weakened, but the market has not yet seen a sustained recovery in demand, with the rate of loss decline still outpacing the rate of profit recovery. Historically, on February 20, 2026, realized losses reached $1.37 billion, setting a historical high for this metric; the highest realized loss in the 2022 cycle was $1.15 billion, occurring on June 30, 2022. In terms of realized profits, as of July 23, the 30DMA of Bitcoin realized profits was $257 million, a decrease of 92.7% from the peak of $3.51 billion set on December 10, 2024; it was also down 77.7% from when Bitcoin hit its historical high of $124,710 on October 6, 2025. This metric had previously hit a low of $191 million on June 14, 2026, and has since rebounded by 34.7%.Axel Adler indicated that the selling pressure from profits has significantly decreased, and the amount of coins sold for profit is still at a low level in this cycle, but this does not mean that sellers have completely exhausted themselves, nor does it indicate that market demand has recovered. If realized profits continue to rise above $400 million to $500 million, it would further confirm a sustained improvement in the market. Additionally, the Bitcoin realized profit/loss ratio has rebounded from a low of 0.26 in June to 0.43, but it is still below the level of 1. Analysts noted that although the absolute scale of realized losses in the current cycle exceeds that of 2022, the relative market pressure remains lower than in 2022. Since Bitcoin's historical peak, there have been 190 days out of the past 291 days where realized losses exceeded realized profits. Axel Adler warned that if the profit/loss ratio falls below 0.26 again, accompanied by a price drop below the cycle low of $58,535 set on June 30, it could indicate further intensification of market pressure.

According to Arkham data analysis, the total number of CASHCAT token holders exceeds 61,000, but the top 1,000 addresses hold approximately 89.1% of the supply, corresponding to a value of over 40 million USD. These top addresses also hold other tokens on the Robinhood Chain, mainly including PONS (2.84 million USD), TENDIES (1.87 million USD), STONKBROKER (1.1 million USD), Index (1.07 million USD), WOOD (409,000 USD), SQUEEZE (314,000 USD), VIRTUAL (308,000 USD), JUGGERNAUT (299,000 USD), UP (275,000 USD), DEGEN (247,000 USD), KITSU (229,000 USD), SWOGE (211,000 USD), VEX (207,000 USD), and others.

According to South Korean media outlet Chosun Ilbo, Morgan Stanley was not selected as the sole lead underwriter for SK Hynix's American Depositary Receipts (ADR) listing. The transaction size is approximately $26.5 billion (about 40 trillion Korean won), making it the largest IPO for foreign capital in the U.S. The commission, calculated at a 0.5% underwriting fee rate, is about $130 million. The final underwriting syndicate consists of Bank of America, Citigroup, Goldman Sachs, and JPMorgan Chase. Industry insiders generally believe that Morgan Stanley's exclusion is related to its repeated issuance of bearish reports on South Korean semiconductors.The report's author is Korean-American Managing Director Shawn Kim, who has repeatedly downgraded the stock ratings of memory stocks such as Samsung Electronics, SK Hynix, and Micron in research reports published in 2017, 2021, 2024, and on June 6 of this year, with the 2021 report titled "Memory, Winter is Coming." Additionally, Morgan Stanley has recently faced setbacks in South Korea: as a co-underwriter for the SpaceX IPO, Korea's Mirae Asset applied for $1.14 billion in subscriptions but received zero allocation; the sale of IGIS Asset Management, promoted in conjunction with Goldman Sachs, also ended in failure. Morgan Stanley's largest shareholder is Japan's Mitsubishi UFJ Financial Group (MUFG), which holds approximately 24% of the shares.

According to monitoring by Onchain Lens, investment firm Abraxas Capital transferred approximately $223.53 million worth of crypto assets to multiple cryptocurrency exchanges in the past 7 hours, including:2,211 BTC transferred to Kraken, worth about $143.88 million;30,825 ETH transferred to Binance, worth about $5.92 million;11.5 million USDC and 690,000 USDT transferred to Binance, worth about $12.19 million;5.89 million USDT transferred to Bitstamp;2.365 million USDC transferred to Kraken.During the same period, Abraxas Capital also withdrew approximately $26.42 million in assets from exchanges, including 5,137 ETH (about $9.81 million) and $16.61 million in stablecoins withdrawn from Binance.

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.

As the second quarter earnings season for US stocks enters a phase of intensive disclosure, the performance of the AI industry chain has become the focus of market attention. Investors are particularly focused on the capital investments of tech giants in AI, the growth of cloud computing, and commercialization progress. The market's focus is gradually shifting from expectations of AI development to the ability to realize profits. Meanwhile, geopolitical risks continue to disrupt global markets, with safe-haven assets such as energy and gold drawing attention, and the demand for cross-asset allocation and risk management among investors further increasing.In response to changes in the global market structure, Gate has continuously strengthened its institutional-level infrastructure and comprehensive service capabilities. Relying on a multi-asset trading system covering stocks, indices, foreign exchange, commodities, and digital assets, it provides professional users with market insights, trade execution, and asset management support. In the second quarter of 2026, the scale of Gate's institutional OTC Loan lending increased by 43.61% year-on-year, and the scale of leveraged lending rose by 14.33% quarter-on-quarter; at the same time, the SBE market service was launched, supporting public and private data channels, and a new contract Book Ticker real-time market push capability was added, further enhancing trading efficiency and quantitative strategy execution capabilities.In the future, Gate will continue to deepen its global institutional ecosystem layout, improve its trading, liquidity, and asset management service system, and assist professional users in more efficiently responding to market changes and seizing cross-asset trading opportunities.

Recently, market risk appetite has cooled, and high-valuation technology chip sectors are under significant pressure; in contrast, supported by expectations in infrastructure, manufacturing, and cyclical demand, industrial machinery-related assets have shown relative resilience. According to Gate platform data, ARM/USDT (Arm) is currently priced at $284.29, down 1.13% in the last 24 hours; CATG/USDT (Caterpillar) is currently priced at $892.11, up 0.16% in the last 24 hours; GEG/USDT (General Electric) is currently priced at $341.55, down 0.61% in the last 24 hours. In terms of performance, Caterpillar-related trading pairs have slightly strengthened, while Arm and General Electric-related trading pairs have fluctuated downwards, overall still showing a divergent pattern.

Uniswap announces the official launch of DualPool Hook. DualPool is an open-source Uniswap v4 Hook, jointly designed and developed by Spark and Uniswap Labs, allowing market makers to earn yields by depositing idle assets into lending protocols during the waiting period for liquidity funds to be executed, and to withdraw funds back to the liquidity pool when a transaction occurs.From an external perspective, DualPool is indistinguishable from a regular Uniswap v4 liquidity pool, and traders, aggregators, and solvers still complete transactions through the Pool Manager. Its internal mechanism is that liquidity funds are stored in an ERC-4626 yield vault and are automatically withdrawn when a transaction needs to be executed, deployed to concentrated liquidity positions, thereby ensuring transaction execution while allowing idle funds to continuously generate lending yields.

The South Korean Financial Services Commission stated that it will submit the government bill for the second phase of the "Basic Law on Digital Assets" as soon as possible, and will coordinate the release of guidelines for corporate cryptocurrency asset trading with the legislative process. At the same time, it plans to include digital asset custody under independent business regulation and holds a cautious attitude towards the mandatory separation of custody business from exchanges.In addition, South Korea will refer to the practices of the European Union to provide a more convenient access mechanism for traditional financial institutions applying for virtual asset service provider licenses. Regarding the market's concern about the separation of exchange custody business, the South Korean Financial Services Commission stated that there are currently few cases of mandatory separation overseas and prefers to prevent conflicts of interest through improved behavioral regulation rather than requiring exchanges to operate custody business independently.

According to Onchain Lens monitoring, Chun Wang (@satofishi) deposited $15.65 million in assets into Binance, including 6,009 ETH, worth approximately $11.56 million, and 62.31 WBTC, worth approximately $4.09 million.The sources of the related assets include withdrawals from Spark Fi, unstaking from Lido Finance, and exchanging WETH for WBTC through CoWSwap.

According to the Korea Herald, Mirae Asset Consulting, a non-financial subsidiary of Mirae Asset Group, will acquire a total of 97.15% equity in the South Korean cryptocurrency exchange Korbit. Korbit stated on July 23 that Mirae Asset Consulting completed the acquisition of 91.7% equity on the 22nd and is expected to acquire the remaining 5.42% equity on the 24th to complete the transaction.Previously, Mirae Asset Consulting announced on the 21st that it would acquire an additional 1,589,900 shares of Korbit for approximately 7.887 billion Korean won, increasing its total holdings from approximately 26,905,800 shares to approximately 28,495,700 shares, with the total investment amount rising from approximately 133.48 billion Korean won to approximately 141.367 billion Korean won. Korbit stated that it will continue to provide existing services, and user deposits and crypto assets will be managed separately in accordance with the Virtual Asset User Protection Act, with Korbit remaining the data controller for personal information, and the purposes and scope of processing remaining unchanged.

According to Artemis data, Robinhood Chain recorded 323,969 daily active users on July 21, surpassing Base's 274,520, marking the second time it has exceeded Base since the mainnet launch on July 1. On the same day, TVL reached a new high of $588.9 million, a daily increase of 14%, while this metric was still below $5 million at the end of June. Morpho accounted for $260.6 million, or 44% of TVL, while Ethena accounted for 26%.The on-chain stablecoin supply reached $438.8 million, a weekly increase of 30%. The 24-hour trading volume of the spot DEX also exceeded Base at $624 million compared to Base's $603 million. However, the main driver of activity was meme coin trading rather than the tokenized stocks that the chain focuses on, with the market value of tokenized stocks only at $19.3 million. Base still significantly leads in most metrics: DeFi TVL of approximately $4.64 billion is 15 times that of Robinhood Chain, stablecoin supply of $4.84 billion is 11 times that of Robinhood Chain, and perpetual contract trading volume of $255.5 million far exceeds its $13.5 million. Robinhood Markets' stock price rose over 8% on the launch day, closing at $107.55 on July 21.