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According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 26, down 1 point from yesterday. The average over the past 7 days is 28, and the average over the past 30 days is 22.

According to unfolded citing ARK data, the one-year actual volatility of Bitcoin was close to 42% at the end of the second quarter. Despite the weak price, it is still near multi-year lows.This indicates that the asset is maturing or that volatility is being suppressed; low volatility typically signals a surge in volatility after a catalyst appears.

AI infrastructure chiplet platform company TYLsemi announced the completion of a $43 million early financing round, led by Matter Venture Partners, with participation from Viola Ventures, GHOVC, Egis Technology, and others. The company launched a standardized chiplet portfolio covering IO interconnect, power management, and memory, and offers chiplet-based custom XPU design and packaging, as well as integrated supply chain services, claiming to reduce the time and cost of custom AI chips from architecture to mass production by up to 50%.The first batch includes TYL.IO for high-bandwidth interconnects such as PCIe, ESUN, and UALink, the TYL.Power integrated voltage regulation chiplet aimed at XPU, and the planned memory connection product TYL.Mem, providing custom AI silicon solutions for leading customers through the TYL.Forge full-stack platform.

The joint assessment by the UK Institute for AI Safety and the US Center for AI Standards and Innovation shows that Moonshot AI's Kimi K3 can assist in the development of exploit vulnerabilities and simulate cyber attacks without substantial hindrance, but its overall cybersecurity capabilities still lag significantly behind leading models in the United States.

The overall profitability status of the Bitcoin market is improving, but on-chain data shows that it is still insufficient to confirm that a new bull market has begun, and there remains a risk of another decline. CryptoQuant data shows that the Bitcoin Supply in Profit has risen to 57.5%. This indicator represents the proportion of BTC supply in the current market where the price is above the holding cost, which has significantly rebounded from the low of 46.2% on June 30, 2026, and is currently close to 60%.However, the recovery of the profitable supply ratio still requires continuous verification. Historical cycles show that the true end of a bear market usually requires two conditions to be met simultaneously: first, the 30-day simple moving average of the Long-Term Holder Profit and Loss Ratio (LTH-SOPR) must remain above 1 for an extended period without falling below it; second, the Bitcoin Supply in Profit must stabilize above 64%. Analysts indicate that this cycle has previously experienced a "false breakout." From April 28 to June 1 of this year, the average LTH-SOPR was above 1 for 35 consecutive days, while the profitable supply ratio once rose to 67%, but the market subsequently declined again. Currently, the Long-Term Holder 30-day SMA indicator has been below 1 for over 50 consecutive days, which remains an important risk signal for assessing the strength of market recovery. Although the BTC profitable supply ratio is improving, the market needs further confirmation of the behavior of long-term holders and changes in the profit structure to determine whether the current rebound truly marks the beginning of a new upward cycle.

AI company Genspark has launched AI Workspace 6 and officially entered the South Korean market. Genspark COO Wen Shang stated in Seoul that South Korea is one of Genspark's top markets, and the company plans to invest $100 million in the South Korean market over the next three years to expand its team, partnerships, and business.AI Workspace 6 includes the continuous memory layer SecondBrain, the first hardware SecondBrain Note, the email AI agent GenMail, design feature AI Design, and the team collaboration platform GenTeam. SecondBrain is used to integrate information from users' existing office tools and supports AI agents in utilizing past projects, decisions, and communication records in subsequent work. SecondBrain Note is credit card-sized and can record meetings, calls, conversations, and voice ideas, converting them into searchable structured memories synchronized to SecondBrain, currently available at a promotional price of $179. GenMail can learn from users' existing emails, expressions, work relationships, and work history, generating reply drafts in Gmail and Outlook and executing related workflows. AI Design can convert natural language requests into visual materials and prototypes. GenTeam supports personnel collaborating in shared spaces with role-based professional AI agents, where AI agents in marketing, design, development, research, and other fields can join as group chat members and execute work based on the team's collective memory and permissions.

The "Whale" stated in its post "Set 10 Major Goals" that after closing short positions, it quickly re-established long positions because its long-term bullish view on Bitcoin has not changed. It believes that the important boundary of the last bull market was around $60,000, and the current mainstream mining cost of Bitcoin is concentrated between $50,000 and $60,000; after Bitcoin dipped to $58,000 last month, it quickly recovered, further validating the support capacity of that area.In the past month, Bitcoin has fully oscillated and exchanged hands in the range of $58,000 to $63,000, and after a pullback, it has re-stabilized around $66,000. In the absence of systemic risks or significant fundamental changes, the risk-reward ratio of continuing to short at the current position is not high, and the market may see a surge and break through $72,000; if the market structure does not change significantly, Bitcoin has a high probability of challenging $100,000 again around March next year. Currently, U.S. stocks, especially in the artificial intelligence sector, are overall valued at relatively high levels, and future volatility may significantly increase.The correlation between Bitcoin and U.S. stocks has significantly decreased compared to previous cycles, and Bitcoin is gradually emerging as an independent market. It has set a trading invalidation range for the current position; if the market falls back to $61,500 to $64,000, and the trend proves the judgment to be incorrect, it will immediately close positions to control losses. It emphasizes: "Views can change, but discipline cannot change." In addition, the latest publicly available data shows that the "Whale" has set its Binance contract real account "Jason leo133" position to private status.

Japanese regulatory authorities are advancing the adjustment of the legal framework for digital asset investment. A spot Bitcoin ETF may be approved for listing as early as 2028, but the timeline still depends on the progress of regulation, product review, and tax reform.On July 15, the Japanese Diet approved the transfer of Bitcoin and approximately 105 other crypto assets from the Payment Services Act framework to the Financial Instruments and Exchange Act, removing a major legal obstacle for related funds to be listed on the Tokyo Stock Exchange. Major Japanese financial groups such as SBI Holdings and Nomura are preparing digital asset products. Japan also plans to adjust the crypto asset tax system from a maximum miscellaneous income tax of 55% to a separate reporting tax system of approximately 20.315%.

CryptoQuant analyst Darkfost stated that there has been a noticeable increase in on-chain activity from the oldest group of Bitcoin holders recently. Data shows that the daily UTXO (Unspent Transaction Output) movement for BTC holders with holding periods of 5 to 7 years and 7 to 10 years has exceeded 5000 BTC multiple times.Darkfost pointed out that the spending of UTXOs does not necessarily mean selling. Long-term holders typically move Bitcoin for two main reasons: one is for security considerations, such as changing wallet addresses which leads to the transfer of UTXOs from the original address; the other is to sell assets. However, current on-chain data does not show a significant flow of funds to exchanges, indicating that these long-term holders are not currently engaging in large-scale selling of BTC. It is noteworthy that this behavior occurs as Bitcoin tests the $60,000 mark again, similar to market trends observed from February to March this year. The market will continue to monitor whether the activities of long-term holders will further impact the supply and demand dynamics of BTC.

In a 90-minute interview with The Economist, Elon Musk, the founder of Tesla and SpaceX, stated that artificial intelligence could surpass human intelligence levels within the next five years and predicted that in about ten years, AI and robotics might drive the world into a "highly affluent era." Musk believes that once AI systems and robots possess sufficiently powerful digital intelligence and production capabilities, the global economy could approach a state of "infinite supply," making human labor no longer a necessary condition for survival, and the importance of currency may gradually decline.He stated that in the future, if the number of robots is sufficient, society will have a "quasi-infinite economy," where artificial intelligence can produce goods and services that exceed human consumption capacity. He even predicted that by around 2036, the importance of the traditional currency system might significantly decrease. Regarding future economic operating models, Musk mentioned that governments might maintain social operations by directly distributing funds to the public and believes that the productivity improvements brought by AI could lead to deflation rather than inflation.However, regarding issues such as corporate profit models, government fiscal sources, and social transformation, Musk acknowledged that the economic structure in the age of artificial intelligence might differ greatly from traditional economic laws. Additionally, Musk discussed the integration of AI with space development. He indicated that in the future, data centers deployed in space might be used to support AI computing and reiterated the long-term plan for human exploration of Mars. In the interview, Musk also reflected on his previous involvement in the Trump administration's "Department of Government Efficiency" (DOGE). He admitted that he had invested too much energy in the political arena, "got a bit sidetracked," and stated that if he could choose again, he might spend more time on his own companies.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 27, down 3 points from yesterday. The average over the past 7 days is 28, and the average over the past 30 days is 22.

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.

According to BBX data, yesterday and in recent days, global companies listed on the US stock market have disclosed the latest real announcements regarding digital asset transformation and ecological strategic investments. The core dynamics are as follows:Canton sells traditional business to fully transition to blockchain clearing: Canton Strategic Holdings, Inc. (NASDAQ: $ CNTN) officially announced that it has sold its biotechnology R&D department Gravitas Life Sciences, LLC to Gravitas Collective Corp. The transaction was completed on July 17, 2026. The company clearly stated that this divestiture is an important milestone in its transformation into an operating company, and in the future, it will support the Canton Network through Canton Coin and promote the on-chain digital transformation of traditional financial markets as a strategic investor.Empery Digital invests $20 million in cross-industry computing power electricity park: The US-listed company Empery Digital Inc. (NASDAQ: $ EMPD), which adopts a Bitcoin fund management strategy, announced that it has completed a $20 million preferred stock investment (holding approximately 8%) in Cardinal Data Power, Inc. (CDP) on July 20, 2026. CDP focuses on building electricity-driven data center parks, and this round of financing will support its construction of the first gigawatt-level data center park covering over 3,000 acres in West Texas (Phase I is planned to be operational in 2027, with a long-term plan exceeding 5GW) to meet the next generation of AI and computing power energy demands.

According to the analysis by the crypto venture capital firm 1kx (@1kxnetwork), on-chain fees in the second quarter of this year decreased by 33% year-on-year, with DEX fees dropping by $625 million (-57%), mainly dragged down by Meteora, Raydium, and PancakeSwap, which together generated $1.5 billion in fees in the first half of last year; blockchain and MEV fees decreased by $362 million (-40%); launch platform fees fell by 57%, with Pump.fun contributing nearly half of the decline.Some sectors achieved counter-cyclical growth: perpetual contract and prediction market fees increased by 22% year-on-year, led by edgeX and Hyperliquid, with Polymarket contributing nearly $100 million in a single quarter; the lending and asset management sectors continued to grow, with Morpho, USDai, and Maple Finance each increasing by $9 million to $19 million; Canton Network added $179 million in L1 fees, but most of this was driven by incentives. Despite the overall decline in industry fees, token holder distribution returns remained stable, with Binance burn still accounting for a significant share, and protocols like Hyperliquid have incorporated buybacks and burns into their regular policies.

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 Business Insider, Alphabet's total number of employees increased from 187,103 to 198,933 in the year ending June 30, 2026, with a net increase of 11,830 people. Among them, the increase in Q2 2026 alone exceeded 4,000 people, accounting for more than one-third of the total net increase over the past year, marking the largest quarterly increase in recent years. The company's revenue during the same period was $119.8 billion, a year-on-year increase of 24%.Previously, Google laid off 12,000 employees in a one-time action in 2023, followed by several rounds of small-scale adjustments. Last week, about 4,500 employees jointly submitted a petition to CEO Sundar Pichai, requesting stronger layoff protections. Alphabet stated that it will prioritize the long-term development of AI and has raised its capital expenditure expectations for 2026 to $195 billion to $205 billion, citing that the demand for AI infrastructure continues to exceed available capacity.

Intel released its second-quarter financial report, with revenue of $16.1 billion, a year-on-year increase of 25%, marking the strongest quarterly growth in over fifteen years, exceeding market expectations of $14.4 billion; adjusted earnings per share were $0.42, higher than the expected $0.21. Under GAAP, the net loss was $11 billion, primarily due to a $12.5 billion loss in market value related to the custodial shares under the U.S. government's CHIPS Act agreement.Revenue from the Data Center and AI business (DCAI) was $6.3 billion, a year-on-year increase of 59%; revenue from Client Computing and Physical AI business (CCPG) was $8.9 billion, an increase of 13%; Intel's foundry business revenue was $5.8 billion, an increase of 31%. The company stated that data center orders have exceeded current supply capacity, and it has signed 10 long-term server CPU supply agreements. Gross margin rebounded from 27.5% in the same period last year to 40.4%, with operating cash flow of $7 billion. Intel expects third-quarter revenue to be between $15.8 billion and $16.8 billion, with adjusted EPS of approximately $0.38, all above market expectations. After the financial report was released, Intel's stock price rose about 11% in after-hours trading.