adjustment

According to reports from the major factory, ByteDance recently held a briefing on Doubao stocks and introduced new policies for relevant employees: the price of Doubao stocks was adjusted from $14.85 per share in June to $17.02 per share, an increase of about 14.6%; the issuance of Doubao stocks was increased, with some employees reaching a total package of about 5%; employees can choose to convert a certain proportion of cash in their total package into Doubao stocks, with the proportion varying by job level.This adjustment mainly targets the large model departments under Seed (pre-training, multimodal, VLM, etc.) and the Doubao main APP team under Flow. From $13.08 in April of this year to $17.02 in August, the Doubao stock has increased by about 30.1% in less than half a year, which is about twice the increase of ByteDance options during the same period (approximately 14.5%).

According to official news, the Ethena Foundation announced four adjustments to the Ethena ecosystem, including repurchasing locked tokens held by early investors, further aligning the value of tokens with equity, launching a governance proposal for income to repurchase ENA, and canceling future monthly unlocks for VC investors.The Ethena Foundation stated that it has completed the acquisition of all locked ENA tokens from some major seed round investors who had sold ENA in the past 9 months. Regarding the alignment of token and equity value, the Ethena Foundation and Ethena Labs have reached a "Master Framework Agreement," which stipulates that the intellectual property and value generated by the agreement will exclusively belong to the foundation and be governed by ENA holders, while equity investors in Labs entities will no longer enjoy residual cash flow.In addition, the governance proposal for income to repurchase ENA has been launched. According to the proposal, the net income generated by all business lines under the Ethena brand will be used for programmatic repurchase of ENA, and the proposal has been approved by the Risk Committee. The Ethena Foundation also stated that it has reached an agreement with major investors to eliminate the selling pressure caused by future monthly unlocks for VC investors by releasing unallocated tokens. Team tokens will still remain locked according to the original allocation plan.

The Ethereum Foundation issued a reminder that the Glamsterdam upgrade will include adjustments to Gas fees (EIP-8037 and EIP-8038), involving changes to the costs of state creation and access. Most contracts will not be affected, but some contracts that rely on hard-coded Gas values and other old assumptions may need to be updated; otherwise, they may fail or experience performance degradation.

Yili Hua posted on platform X: "Continue to be bullish, minor adjustments over the weekend are just the bears taking a little resistance during a time of weak liquidity, which does not affect the trend. Strongly advise against shorting again; once it rises to a certain level, you can go long. Pullbacks will always occur at certain stages."

According to the Wall Street Journal, Solana Company (HSDT) announced its voting positions on the first three Solana governance proposals: supporting SGP-0001 "Solana Constitution," opposing SGP-0002 to accelerate inflation reduction, and SGP-0003 to change transaction fees from fixed to floating.The company stated that supporting the new governance system is due to its allowance for stakers to participate directly in voting and retain the right to overturn votes from delegated operators, which is beneficial for institutional participation in network governance. Regarding inflation and fee adjustments, the company expressed that it is not opposed to the direction but believes that the current entry of institutions is still at a critical stage, and changes in core economic parameters may affect the stability and predictability of the rules.

Market news indicates that Apple will implement several adjustments across the EU, including changes to the advertising transparency consent tool, which was previously reviewed by the German competition regulator.

Berkshire Hathaway submitted its 13F holdings report for the second quarter of 2026 to the U.S. SEC. The data shows that in the second quarter after Warren Buffett stepped down, the company's investment portfolio underwent significant adjustments, with a large purchase of Google’s parent company Alphabet, while reducing positions in the financial and consumer sectors.As of June 30, 2026, the total market value of Berkshire's stock holdings rose to $29.9 billion, up from $26.3 billion in the previous quarter. In the second quarter, the company added one new position, increased holdings in seven stocks, reduced holdings in six stocks, and completely sold out of one target, with the top ten holdings accounting for as much as 88.74%.Among them, Alphabet became the biggest highlight. In the second quarter, Berkshire cumulatively increased its holdings of Alphabet Class A and Class C shares by approximately 48.1 million shares, with the new holdings valued at over $17 billion, pushing Google to replace Bank of America as Berkshire's fourth-largest holding. Currently, its top five holdings are Apple, American Express, Coca-Cola, Alphabet, and Bank of America. In addition to Google, Berkshire also slightly increased its holdings in Delta Air Lines, Lennar, and Macy's. The increase in Delta Air Lines has attracted attention, as the market believes this move may reflect the company's optimism about the recovery of air travel demand and improvement in corporate operations.On the reduction side, Berkshire focused on cutting positions in the financial and consumer sectors in the second quarter. Among them, Bank of America saw a reduction of about 30.2 million shares, with the holding ratio decreasing by 5.89%, corresponding to a market value of about $1.72 billion, making it the largest reduction target; First Capital Financial reduced about 4.2 million shares, with the holding ratio decreasing by about 58%; at the same time, it reduced about 11 million shares of Kroger, with the holding size decreasing by about 22%.The market believes that Berkshire ended a streak of 14 consecutive quarters of net stock selling in the second quarter and net bought nearly $20 billion in stocks, indicating that the new leader Greg Abel is pushing the portfolio towards a technology growth direction, marking a shift in asset allocation in the "post-Buffett era."

According to Cointelegraph, Hyperliquid will expand a deployer-controlled scaleWei function for HIP-1. This function can proportionally adjust the balances of a certain token among all holders, equivalent to an on-chain version of a stock split, and can also be used to handle airdrops, dividends, repricing, and reverse mergers.According to the announcement, during the execution of the rescheduling, unfilled orders will be canceled and replaced according to the effective rescheduling ratio, rounded down, while totalWei is allowed to be negative, enabling reverse rescheduling. The initiating address can be a system address from Core to EVM, or a treasury address specified and signed by the deployer.

This week will see several important events and data. On Monday, the Bank of Japan will release the summary of opinions from the July monetary policy meeting. On Tuesday, the Reserve Bank of Australia will decide on interest rates and hold a press conference. On Wednesday, the United States will release the July CPI data and EIA crude oil inventory. On Thursday, the UK and Eurozone will publish various economic data, and JD.com and Tencent will release their financial reports. On Friday, France and the Eurozone will release CPI and GDP data, and a new round of pricing adjustments for domestic refined oil will begin.

SolanaFloor stated that the first block time adjustment for Solana under the SIMD-0525 framework will go live on the testnet within two hours.This adjustment lowers the target block time from 400 milliseconds to 350 milliseconds, marking the first step in a four-phase plan to achieve a target block time of 200 milliseconds.

According to Jinshi News, the recent sharp rise of the yen has triggered a sell-off in the Japanese stock market on Monday, but analysts believe that the risk to corporate earnings is manageable. A survey by the Bank of Japan shows that the weighted average exchange rate assumption for the dollar against the yen adopted by companies is 151.49, and the current yen to dollar exchange rate is still about 5 yen away from this level.Yugo Tsuboi, Chief Strategist at Daiwa Securities, stated that unless the yen/dollar appreciates further to near the 150 level, the risk of downward adjustments to corporate earnings should be very small.

Famous trader Killa posted that Bitcoin's historical bear markets typically complete a 5-wave adjustment and form two significant peaks. The first peak often occurs after the initial major rebound following the top, known as the "complacency peak," where the market generally believes that the bull market has returned. Subsequently, prices usually continue to decline to new lows. He pointed out that similar structures appeared in the cycles of 2014, 2022, and 2026.After the complacency peak is formed, the market typically experiences a "dead cat bounce" and establishes a phase bottom; as market sentiment deteriorates and short positions concentrate, a short squeeze then drives the price rebound, with the final bottom usually forming after the second significant retest.Killa believes that BTC has currently swept through the bottom formed by the "dead cat bounce" and completed a 5-wave adjustment structure similar to previous cycles. From a structural perspective, the adjustment wave has ended, and the bottom may have already formed. However, he remains cautious about the time cycle. Previous bear markets typically lasted about 365 days before forming the final bottom, while this round, if the bottom has already appeared, has only lasted about 260 days, which is about 100 days earlier than the historical cycle. Currently, he maintains a 50-50 judgment, but compared to significantly making new lows, the likelihood of forming higher lows subsequently is greater.

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.

The Binance contract has completed the adjustment of the contract amount for the KORUUSDT U-based perpetual contract on July 15, 2026, at 17:30. The contract will enter a 5-minute cancel-only trading phase, with the market status as "Cancel Only." Trading functionality will resume on the same day at 17:35, with the market status as "Continuous Trading."

According to Jinshi reports, New York Fed Open Market Account Manager Perli stated that they are ready to implement any balance sheet adjustments authorized by the Federal Open Market Committee.

In response to recent community doubts about the Ethereum Foundation and the potential for a funding crisis, Grayscale Research Director Zach Pandl posted on the X platform, stating that in the long run, the current institutional adjustments being made by the Ethereum Foundation are positive for Ethereum for two main reasons: first, more development work will be transferred to commercial organizations, which can reduce the development responsibilities borne by the Foundation and may encourage more work to be driven by commercial entities, thereby improving the overall efficiency of the ecosystem; second, the structural adjustments help maintain Ethereum's core principles as a digital currency infrastructure, and a Foundation with clearer responsibilities and a more focused scope may be more beneficial in ensuring that Ethereum continues to adhere to the "CROPS" principles necessary for building a sound digital currency.If the Ethereum Foundation reduces its direct involvement in ecosystem development in the future and focuses on maintaining Ethereum's long-term core goals, it may help strengthen ETH's positioning as a decentralized digital asset infrastructure.

According to Jinshi reports, Bank of Japan Deputy Governor Shinichi Uchida stated that today's decision took into account the risk of needing to raise interest rates significantly if policy adjustments are delayed.