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Monad stated on the X platform that the Phantom wallet will stop supporting the Monad network on August 12.Users need to migrate their on-chain assets to other EVM wallets compatible with Monad before this date to avoid affecting future use.

According to the Financial Times, after three years of combating cryptocurrency tax evasion, the UK's HM Revenue and Customs has recovered over £8 million in taxes by reaching settlements with hundreds of cryptocurrency investors. Data obtained through a Freedom of Information Act request shows that in the past two years, 502 crypto investors reached disclosure settlement agreements with HMRC regarding unpaid taxes. In the 2024/25 tax year, a total of 280 individuals settled with HMRC, paying a total of £3.5 million. In the 2025/26 tax year, the number of settlements decreased to 222, but the total amount increased to approximately £4.8 million.

Chairman of Bitmine, Tom Lee, stated in an interview that AI is approaching the so-called "uncanny valley of wealth." At some point in the future, the income generated by AI entities owned by individuals may exceed their own labor income.Tom Lee believes that when this moment arrives, people may begin to question "whether they are working for AI or AI is working for them." He also predicts that in the future, AI entities may take over bank accounts, replace certain job positions, and even construct independent financial systems, admitting that this trend "may instill fear about the future in people."

According to Gelonghui, Atoms, a robotics company founded by Uber co-founder Travis Kalanick, has completed a $1.7 billion financing round led by Andreessen Horowitz (a16z), with Ben Horowitz joining the board. The equity investors in this round include Bain Capital, Fifth Wall, Chemistry, A*, K5 Global, Abstract, SV Angel, Alpha Square Group, and Uber.Horowitz focused the logic of this investment on specialized robots rather than humanoid robots. He pointed out that in heavy industry, specialized robots are much more suitable for completing most tasks than humanoid robots.

According to Reuters, citing informed sources, due to the surge in demand for AI data centers leading to a tight supply of server CPUs, Intel and AMD are negotiating long-term procurement commitments with Chinese server customers. Agreements typically lock in a year's supply, with some discussions extending to two years or longer. Driven by the construction of AI computing power, CPU demand has expanded from AI accelerators to mainstream processors, with some server CPU products in the Chinese market experiencing a cumulative price increase of over 40% this year, with month-on-month increases exceeding 10% at times.Intel CEO Lip-Bu Tan stated in April that Xeon server CPU demand "continues to exceed supply," and the company has signed multiple long-term contracts in the first quarter, including a multi-year agreement with Google. AMD has raised its forecast for the server CPU market to exceed $120 billion by 2030. The report notes that China, as one of the largest server markets in the world, is intensifying competition for Intel and AMD processors due to the rapid construction of data centers and AI computing clusters, even as Chinese buyers face U.S. export restrictions on advanced AI GPUs. Intel is set to announce its quarterly results on Thursday, with the CPU shortage expected to become a market focus.

Bitwise Chief Investment Officer Matt Hougan published an analysis, stating that the crypto market is showing signs of a bottom ------ since July 1, Bitcoin has risen by 9% while the Nasdaq has fallen by 6%, ETF fund flows have turned positive, and market sentiment has improved. Hougan believes that the next bull market will be driven by the integration of on-chain finance and traditional finance, with the core sectors being stablecoins, tokenization, 24/7 trading, instant settlement, and institutional DeFi.He suggests focusing on two types of opportunities: one type is crypto-native applications represented by Hyperliquid (HYPE) ------ which have real revenue and a strong token economic model (99% of revenue is used for buybacks and burns of HYPE), which has risen 146% this year; the other type is traditional financial institutions represented by Robinhood (HOOD) ------ whose Layer2 blockchain Robinhood Chain attracted over $300 million in deposits within two weeks of launch, processing an average of 3.6 million transactions daily, supporting 24/7 trading of tokenized stocks for users in 120 countries. Hougan is optimistic about mainstream assets such as Bitcoin, Ethereum, and Solana, as well as crypto stocks, while also paying attention to institutions like Coinbase, Figure, BlackRock, Visa, Stripe, and JPMorgan that are scaling up in the crypto space.

Zach Pandl, the head of research at Grayscale, stated that there are currently two main viewpoints in the market regarding when the Bitcoin bear market will end: one follows the "four-year cycle," and the other views Bitcoin as a mature asset driven by macro factors. The "four-year cycle" viewpoint holds that the halving event remains the core driving factor of the Bitcoin price cycle. Historically, Bitcoin typically bottoms about a year after the cycle peak and approximately 2.5 years after the halving, with an average cumulative drawdown of about 80%. According to this pattern, Bitcoin may still decline further this time and form a bottom in September or October.The other viewpoint suggests that Bitcoin prices will be influenced more by economic growth, real interest rates, and changes in Federal Reserve policy, similar to other major assets. In past Bitcoin bear markets, there has usually been a slowdown in economic growth or an increase in real interest rates, and this decline is also occurring against a backdrop of rising interest rate expectations and increasing real rates. Pandl indicated that he aligns more with the macro-driven perspective. If the Federal Reserve stops raising interest rates and economic growth remains stable, Bitcoin prices may have already bottomed.

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.

According to BeInCrypto, Tom Lee, co-founder of Fundstrat and chairman of Bitmine, stated that AI funds are rotating from the storage chip sector to Ethereum. He cited data showing that the relative performance of Ethereum compared to the Roundhill Memory ETF (DRAM) has widened to 72 percentage points since June 25—Ethereum has risen 24%, while the DRAM ETF has fallen 38%.The DRAM ETF was launched in April this year and is the first fund to invest solely in storage chip manufacturers, with SK Hynix and Samsung accounting for about 41% of its weight. The fund raised $6.5 billion in 27 trading days, setting a record for the fastest ETF issuance. Lee pointed out that BlackRock's tokenized BUIDL fund and applications like Robinhood Chain are all built on Ethereum, which forms the institutional bullish logic for Ethereum.

The U.S. Securities and Exchange Commission (SEC) announced that it has filed a lawsuit against Florida resident Zan Shaikh and his company Bright Vision Distribution LLC (operating under the name Mining Automatic), accusing them of defrauding investors through a fraudulent cryptocurrency mining investment scheme, with approximately $22 million raised.The SEC stated that from June 2023 to May 2025, Shaikh and Mining Automatic promised investors fixed monthly returns by participating in cryptocurrency mining operations, but the related mining operations were actually unable to generate the promised returns. According to the SEC's complaint, Shaikh and Mining Automatic are accused of making false statements regarding their cryptocurrency mining experience, operational capabilities, the use of investment funds, and the status of the mining business, and explained payment delays by claiming they were unable to pay investor returns.

According to Bitcoin.com, U.S. Senator Cynthia Lummis stated that the CLARITY Act will change the way customer crypto assets are handled when digital asset platforms enter bankruptcy proceedings; customer assets should continue to belong to the customers, rather than being included in the company's bankruptcy estate.The bill requires regulated digital asset intermediaries to treat customer cash and digital assets as customer property and to segregate them from company property. The bill also generally prohibits brokers, dealers, and exchanges from using customer assets for their own or others' benefit without authorization.The bankruptcies of Celsius and Voyager sparked disputes over the ownership of customer deposits. In January 2023, U.S. Bankruptcy Judge Martin Glenn ruled that the cryptocurrency deposited in Celsius Earn accounts became company property under the terms of use, involving approximately 600,000 Earn accounts and about $4.2 billion in assets.Lummis stated that the CLARITY Act also aims to provide regulatory certainty for developers, enhance investor protection, and improve market integrity. The bill will clarify the responsibilities of the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) in different areas of the crypto market, and it has already passed the House of Representatives but has not yet passed the Senate.

Analyst Noname tweeted that Bitcoin will not hit bottom this quarter. Sideways fluctuations indicate indecision; at this price level, indecision often leads to a downward breakout first, followed by an upward breakout. At least one more quarter is needed for the market to clarify.His predictions for the trend in 2026 are as follows: July: False stability. Bear market trap rebound. The market reshuffles and eliminates the indecisive. August: The real crash begins. First test of the $50,000 area. September: Continued pressure. W-shaped bottom structure begins to form. October: The real bottom. Accumulation area. Personally, I will adopt an aggressive strategy at this stage. November: Signs of recovery appear, and the bottom rebound begins. December: The first breakthrough of the $100,000 mark since the bear market began.

CryptoQuant analyst Darkfost stated that data shows Bitcoin is currently building significant support in the range of $59,000 to $70,000, which has also become one of the most fiercely defended price ranges in Bitcoin's history.Currently, about 50% of the total Bitcoin supply has changed hands above $59,000. If we exclude millions of Bitcoins that are considered permanently lost, this percentage will increase further. The main drivers of this round of turnover are short-term holders, and the behavior of market participants is becoming polarized, with some investors choosing to panic sell while others continue to accumulate.

According to The Block, Uniswap governance will conduct two key on-chain votes from July 19 to 26. The first proposal aims to enable protocol fees for the v4 version liquidity pools for the first time, covering seven chains: Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism, and Robinhood Chain, targeting three types of pools: static fee pools, pools initiated through continuous liquidation auctions, and aggregator hooks pools; proposals for the remaining five chains will be submitted later.The second proposal, submitted by Uniswap founder Hayden Adams, aims to extend the fee mechanism of v2 and v3 to Robinhood Chain. The fees generated from both proposals will enter the UNIfication burn mechanism. Last month, the Uniswap protocol set a record by burning 186,000 UNI in a single day.

According to Jinshi reports, Samuel Tombs of Pantheon pointed out that the University of Michigan Consumer Confidence Index rose from 49.5 in June to 54.4, exceeding economists' expectations of 50.5, but still below last year's average level. He stated that the decline in inflation expectations provides some comfort to the Federal Reserve, although Chairman Waller's tough rhetoric failed to further lower expectations.At the same time, the "lack of leverage" for workers means that the likelihood of wage growth rising due to the recent overall inflation rebound is very low.

Tom Lee stated that as AI "bottleneck" related stocks adjust, AI downstream assets are strengthening, including SMH, DRAM, MAGS, IGV, as well as AI downstream related ETHA and Ethereum ETH.He pointed out that over the past month, Ethereum has outperformed DRAM by about 5,500 basis points, or 55%.