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According to Coinglass data, the Coinbase Bitcoin premium index has been in a negative premium state for 20 consecutive days, currently reported at -0.0467%.

According to monitoring by Lookonchain, an Ethereum OG who sold 60,000 ETH (worth $117.25 million) at a price of about $2040 and 9442 wstETH (worth $24 million) a week ago is now repurchasing ETH.In the past two days, they have spent $55.8 million, buying 35,723 ETH at an average price of $1563 per coin, and may continue to buy more.

On-chain detective ZachXBT posted questioning BitMEX co-founder Arthur Hayes for frequently changing his views and selling tokens in a short period, asking how much exit liquidity he had received from followers in the past few days.ZachXBT pointed out that before WLD, Arthur Hayes had expressed bullish views on tokens such as NEAR, HYPE, and ZEC, and in his latest operation, after publicly expressing a strong bullish stance on Worldcoin (WLD) multiple times and giving a target far above the current price, he chose to liquidate his position in a short time.In response, Arthur Hayes stated that he was simply selling assets at market prices to buyers willing to take over according to his trading targets, and if the price continued to rise, outsiders would think his sale was a wrong decision, "this time it just happened to be a correct judgment."Subsequently, ZachXBT posted again, sharing Arthur Hayes's previous bullish comments on WLD and questioning his rapid exit from the position after loudly promoting it, sparking discussions in the community about the influence of opinion leaders on the market and the issue of "exit liquidity."Previously, Arthur Hayes had stated that he had liquidated his WLD position, claiming that the price trend was "not right," and announced his exit from that position.

According to Coinglass data, the Coinbase Bitcoin premium index has been in a negative premium state for 19 consecutive days, currently reported at -0.0401%. The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the United States) and the global market average price. A negative premium usually reflects greater selling pressure in the U.S. market, a decline in investor risk appetite, an increase in market risk aversion, or capital outflows.

According to on-chain analyst @ai_9684xtpa, a16z affiliated entities have increased their holdings by 90,091 HYPE in the past 10 hours, valued at approximately 5.238 million USD.On-chain data shows that this entity has accumulated a total of 6.996 million HYPE since 2026, with a total value of approximately 327 million USD and an average acquisition price of about 46.85 USD.

According to Jinshi reports, the panic index VIX surged to a more than two-week high, rising 3.32 points to 18.72.

According to Gate market data, the euro against the US dollar EUR/USD has dropped more than 0.5% during the day, currently reported at 1.1552.

According to Jinshi reports, U.S. President Trump stated that the recently released employment report is very strong, and the stock market should rise, not fall. This has been the case for the past 200 years. Economic growth does not mean inflation.

According to the official website of the U.S. Congress, the full text of the U.S. House of Representatives' "American Reserve Modernization Act" (H.R.8957, ARMA) has been made public. This bill was introduced on May 21 by Alaska Congressman Nicholas Begich and has now been referred to the House Financial Services Committee for review.The main content of the bill includes: incorporating Bitcoin obtained by the government through criminal or civil forfeiture into a strategic Bitcoin reserve managed by the Treasury Department, establishing a minimum holding period of 20 years during which it cannot be sold or disposed of; establishing a quarterly reserve verification mechanism and introducing independent third-party audits; allowing states to voluntarily hold their Bitcoin in independent accounts at the Federal Reserve.In terms of forward-looking provisions, the bill requires the Treasury Department and the Department of Commerce to jointly study feasible paths for increasing Bitcoin holdings in a budget-neutral manner within 180 days, including converting non-Bitcoin digital assets, forfeiture proceeds, voluntary donations, tax or tariff revenues, and utilizing mechanisms related to the Federal Reserve or gold certificates.Analysts point out that compared to the previous "BITCOIN Act," which called for the purchase of 1 million Bitcoins, ARMA is more moderate and politically feasible, but still leaves room for future federal increases in Bitcoin holdings.

According to Jinshi, "Fed mouthpiece" Nick Timiraos stated that the hiring activity has accelerated again this spring, providing more basis for Federal Reserve officials who are concerned about inflation and believe that the current interest rate level is too low. He pointed out that this employment report will not completely resolve the debate over raising interest rates later this year, but it does indicate that the rationale for cutting rates in the short term has basically disappeared.

According to Gate market data, spot gold has continued to decline after the non-farm payrolls were announced, dropping another $40 in the short term, currently reported at $4,409.73 per ounce. Meanwhile, the US dollar index DXY has risen 14 points in the short term, reported at 99.56, a new high since April.

According to Gate market data, ZEC is currently priced at $257, with a 24-hour decline of 56.8%.

According to a report by South Korea's SBS News, the Financial Intelligence Unit (FIU) of South Korea has adjusted the amendment to the Enforcement Decree of the Specific Financial Information Act, removing the mandatory reporting obligation for virtual asset transfers exceeding 10 million won, and instead allowing exchanges to manage risks independently. The original proposal required domestic operators to report to the FIU when transferring more than 10 million won abroad, regardless of the level of risk. After adopting industry opinions, the FIU decided to cancel the mandatory reporting and instead require companies to establish internal risk management systems.Other adjustments include: the scope of the Travel Rule will be expanded from amounts over 1 million won to all amounts; the strengthened customer verification for high-risk suspicious transactions will change from mandatory to only being executed when the company assesses the risk to be particularly high; small businesses will be given a one-year grace period for the reporting condition of a debt ratio not exceeding 200%; the requirement for anti-money laundering computer equipment to be located domestically will allow the use of overseas cloud services. The amendment will take effect on August 20 after review by the Legal Affairs Office.

According to Bloomberg, the U.S. House Ways and Means Committee is preparing legislation to establish a cryptocurrency tax structure, which could be released as early as Friday, followed by a hearing early next week. Committee Chairman Jason Smith will prioritize the development of a digital asset tax framework, with the Treasury Department also involved in the process.The committee is expected to release seven bills addressing when tokens obtained through mining or staking will be taxed, exempting certain stablecoin transactions from capital gains tax, equal tax treatment for digital assets and securities (including charitable donations), allowing foreign investors to trade U.S. securities without being taxed as domestic entities, and expanding wash sale rules to digital assets.

According to CoinDesk, U.S. Senator Cynthia Lummis, along with several Senate Republicans, urged financial regulators to abolish the 1,250% punitive risk weight set by the Basel Committee on digital assets and to establish a new capital framework so that banks can meaningfully participate in the cryptocurrency market.

Previously, David Hoffman, co-founder of Bankless, which officially announced the liquidation of ETH, expressed the view that the current Bitcoin price is just at the 200-week moving average (MA).Reviewing the historical market, BTC only effectively broke below this moving average during the bear market phase triggered by the consecutive collapses of Terra, Three Arrows Capital, and FTX, which was also a highly destructive systemic crisis in the history of the crypto industry.In his opinion, the market risks brought by the convertible bonds and other operations launched by Michael Saylor's Strategy do not reach the level of harm caused by the previous series of collapses. In addition, he disclosed the cost of his holdings again, with the cost of NEAR at about $1.4, HYPE at about $45, and ZEC at about $560.

According to the latest data from the Gate platform, the total staking amount of its ETH mining (staking) products has set a historical record for three consecutive days, reaching 196,400 ETH, with a reference annualized yield of 4.20%. Users staking ETH can obtain an equivalent amount of GTETH assets, achieving asset appreciation.This service supports instant redemption, releasing liquidity and obtaining stable returns. In addition to ETH, the platform also offers multi-currency staking options. As of the time of publication, the reference annualized yields are as follows: GUSD 3.00%, BTC 2.67%, SOL 8.50%, and USDT 4.48%.

British teenager Alexander Browder stated that he has been placed on a sanctions list by the Russian Ministry of Foreign Affairs and banned from entering the country for writing a report exposing a cryptocurrency money laundering network supported by Russia.The report indicates that countries such as Russia, Iran, and North Korea launder approximately $350 billion, with a ruble stablecoin named A7A5 being one of the main issues facing Western anti-money laundering efforts. The UK Foreign Office stated that Russia uses tokens like A7A5 to evade Western sanctions and fund its military. The UK government imposed sanctions on individuals related to this network in May, which transferred over $90 billion last year. Alexander Browder expressed pride in being the first high school student globally to be sanctioned by an authoritarian regime for exposing corruption.