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According to Deribit data, Bitcoin and Ethereum options worth approximately $1.45 billion will expire at 16:00. Among them, the notional value of BTC options is about $1.23 billion, with a put/call ratio of 0.86 and a maximum pain point of $62,500; the notional value of ETH options is about $218 million, with a put/call ratio of 1.54 and a maximum pain point of $1,750.Deribit stated that this expiration will inject liquidity and volatility into the market, creating ideal conditions for short-term options trading.

According to on-chain analyst Ai Yi's monitoring, "King of Liquidation" Huang Licheng's long position of 16,575 ETH is gradually being reduced, with the current holdings down to 9,600 ETH (approximately 17.76 million USD). The current price is only 16 dollars away from the liquidation price, which is very close.

According to "Intelligent Emergence," multiple independent sources reported that by July 2026, China's leading large model company, Zhipu, had achieved an annual recurring revenue (ARR) of $1 billion. Insiders revealed that between January and July 2026, Zhipu's ARR surged 15 times in just six months. The growth from $100 million ARR to $1 billion took Zhipu only 5 months, surpassing the 15 months it took the American AI lab Anthropic to reach a similar stage. As of the time of publication, Zhipu has not responded to the aforementioned financial data.The rapid rise in Zhipu's revenue is primarily attributed to its concentrated investment in coding and reasoning capabilities. Financial reports show that in the first quarter of this year, even though the API call price for GLM increased by approximately 83%, its overseas subscription prices approached those of Anthropic's Claude Code, yet its total call volume still grew by about 400% against the trend. In June of this year, Zhipu launched its latest open-source large model, GLM-5.2, which has matched or even surpassed mainstream cutting-edge models on several core metrics.Currently, AI coding and video generation have become the fastest commercialized and most revenue-generating tracks for large models globally. As the demand in the coding market becomes more certain, industry competition is intensifying. Domestically, MiniMax released the M3, which focuses on enhancing coding capabilities, in June, while the Dark Side of the Moon launched the K3 open-source model with 2.8 trillion parameters on July 16; internationally, with OpenAI merging ChatGPT and CodeX, it has also shown a momentum to catch up with Anthropic in the coding field, and the global battle for AI productivity tools continues to escalate.

According to BBX data, yesterday global traditional capital and financial consortiums intensively disclosed their latest strategies in digital asset treasury construction and Web3 ecosystem investment, with the core dynamics as follows:ORANGE JUICE launches a "real industry blood generation + coin hoarding" dual-wheel strategy: American capital company ORANGE JUICE officially announced the completion of a $40 million financing. The raised funds will be used to establish a holding company that integrates "long-term ownership, operational optimization, and Bitcoin reserves." The company plans to initially acquire stable and profitable American domestic enterprises with annual cash flows between $1 million and $10 million, and clearly stated that the business cash flows generated from these industries will be continuously reinvested for acquisitions or directly supplement its Bitcoin treasury.South Korea's KB Financial Group establishes a 100 billion won cryptocurrency special fund: South Korea's top financial giant KB Financial Group (KRX: 105560) announced the establishment of an AI and digital asset fund with a scale of 100 billion won (approximately $67.29 million). The fund is jointly funded by KB Kookmin Bank, KB Securities, KB Insurance, KB Kookmin Card, and KB Life under the group, and managed by KB Investment, focusing on investments in early-stage South Korean cryptocurrency companies, AI models, data reasoning, and on-chain analysis and other underlying technology companies.

According to Bits.media, Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma of Russia, stated that the second and third readings of the criminal liability bill for illegal cryptocurrency transactions will be postponed until the new State Duma is reviewed. The reason is that the Duma's spring session will end on July 27, and there will be an election recess from August to September, with the Duma election voting ending on September 20. Therefore, the review will not resume until the autumn session at the earliest.The bill completed its first reading in early July, with a maximum penalty of 7 years in prison for organizing illegal cryptocurrency circulation. The relevant penalty provisions are proposed to officially take effect on July 1, 2027. Under the current regulatory framework, Russian citizens can only buy and sell cryptocurrencies through institutions holding a license from the Central Bank of Russia, and P2P and over-the-counter transactions may face criminal liability. Aksakov denied concerns that the bill would affect cryptocurrency exchanges and P2P users, stating that the related worries are "unfounded." Meanwhile, another Russian government initiative to strengthen state control over cryptocurrencies, the "Digital Currency and Digital Rights Law," has also been postponed, with the original timelines for implementation in July and September now missed.

According to Coinglass data, the total contract open interest for ETH has decreased by 5.04% in the past 24 hours, with the current total open interest at $26.063 billion. Among them, Binance's open interest is $6.382 billion, OKX's open interest is $1.555 billion, Bybit's open interest is $1.717 billion, and Gate's open interest is $2.412 billion.

According to Protos, a gang in the UK disguised as police officers and created a fake police website, convincing cryptocurrency holders over the phone to transfer funds into so-called "safe accounts," stealing $5.4 million worth of cryptocurrency, and were sentenced this week. 23-year-old Hamza Bashir, 25-year-old Kevin Nwamma, and 29-year-old Anthony Ikenwe were sentenced to six years and nine months, eleven years, and eleven years in prison, respectively.The stolen funds were used to purchase luxury items, including a £60,000 car, vacation trips to Thailand and Japan, and products from brands such as Harrods, Hermès, Louis Vuitton, and Rolex. The police also discovered £500,000 in cash in a safe and determined that most of the stolen cryptocurrency had been converted into payment cards. Gang members also falsely reported their annual income, with one declaring only £444. The Metropolitan Police began investigating the gang after receiving reports from victims in January 2025.

According to on-chain analyst Yu Jin's monitoring, a suspected a16z address retrieved 471,500 HYPE (worth $305,700) from Hyperliquid within the last day, and then transferred it to exchanges such as OKX, Bybit, and Gate.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $328 million, with long positions liquidated at $277 million and short positions liquidated at $51.566 million. Among them, Bitcoin long positions were liquidated at $42.2684 million, Bitcoin short positions at $15.8595 million, Ethereum long positions at $63.2902 million, and Ethereum short positions at $13.1264 million.In addition, in the last 24 hours, a total of 85,066 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT worth $6.5778 million.

According to Bits.media, the final version of the Russian government's cryptocurrency regulation bill includes new restrictions, proposing to prohibit non-professional investors from purchasing foreign stablecoins, a group that encompasses the vast majority of residents in the country. The bill introduces two new concepts: "foreign digital tools" and "non-deliverable foreign digital tools," with collateral-backed stablecoins categorized under the latter.Qualified investors can purchase foreign digital tools, while non-qualified investors can only buy specific assets from a special list provided by the central bank. At the end of June, the Central Bank of Russia proposed a draft regulatory framework for stablecoins, requiring all transactions to be conducted under national control and completed through exchanges or legal exchange points. Central Bank Governor Elvira Nabiullina previously expressed a "cautious attitude" towards foreign stablecoins, as their issuers can freeze assets in users' wallets.

According to TenArmorAlert monitoring, the BSC chain project "CrowdRingCircle" suffered a suspicious attack, resulting in a loss of approximately $201,400.

According to a statement from the U.S. Attorney's Office for the Eastern District of New York, two Chinese citizens, Chen Zhuoying (also known as "Jolene," 27 years old, Brooklyn) and Zhang Haojie (also known as "Kevin," 38 years old, Queens), were formally charged on July 16 in federal court in Brooklyn with conspiracy to commit money laundering.According to the allegations, the two managed a money laundering network of over ten people in Queens and Brooklyn from 2020 to 2022, using approximately 45 shell companies and 140 business bank accounts to transfer at least $43 million in proceeds from "pig butchering" investment scams to accounts in China. The "pig butchering" scam contacts victims through social media or instant messaging software, gaining their trust with false high-return investment opportunities before absconding with their money. This case is being jointly investigated by Homeland Security Investigations (HSI), the FBI, IRS-CI, and the U.S. Postal Inspection Service. If convicted, both defendants face a maximum of 20 years in prison.

According to a report by Reuters, informed sources revealed that the PayPal board believes the $53 billion acquisition offer from competitor Stripe and Advent International undervalues the company and faces regulatory and financing hurdles. The sources stated that PayPal has not formally responded yet, and the board is evaluating the trade-offs between the offer and the management's strategy to turn around the company, initially considering that the offer of $60.5 per share, while a premium over recent stock prices, does not fully reflect the company's future potential.The acquirers have secured approximately $50 billion in financing commitments from JPMorgan and Morgan Stanley, along with $17 billion in equity raised by Stripe and Advent, to support the $53 billion acquisition offer. If antitrust regulations are violated, the acquirers have considered remedies such as divesting the Braintree business to Advent. Block was initially involved but withdrew before the latest offer submission. Investors will be paying attention to PayPal's earnings report on July 28.

According to SoSoValue data, yesterday (Eastern Time July 16), the total net inflow of the SOL spot ETF was $1.6553 million. Yesterday, only the Grayscale Solana Trust (GSOL) had a net inflow, with a daily net inflow of $1.6553 million, bringing the historical total net inflow to $109 million.As of the time of writing, the total net asset value of the SOL spot ETF is $879 million, with a SOL net asset ratio of 1.99%, and the historical cumulative net inflow has reached $1.137 billion.

According to monitoring by Catcher Predict, in the "Elon Musk Tweet Prediction" event on the prediction market Polymarket, the "Yes" option in the sub-market "140-159" has experienced a sharp fluctuation in winning probability, dropping from 38.5% an hour ago to the current 23.5% (a fluctuation of 15%). Please note the impact of related breaking news.

According to CoinDesk, Grant Cardone, CEO of the real estate investment company Cardone Capital, stated that Cardone Capital has increased its holdings by 10.5 bitcoins through cash flow, and its real estate-bitcoin hybrid strategy now holds over 2,700 BTC.

Bonzo Finance Labs stated on platform X that, in response to the oracle attack on July 11 that affected Bonzo Lend, the Bonzo Finance Foundation will provide full compensation based on the position status prior to the incident, with funds supported by the recovery mechanism promised by the Hedera Foundation.