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As the market awaits U.S. Treasury Secretary Yellen to announce a new round of sanctions against Iran, international oil prices fell on Monday. WTI crude futures dropped about 1.3%, settling at $85.93 per barrel; Brent crude fell 1.24%, to $93.22 per barrel.Yellen previously stated that the U.S. would launch "the largest financial offensive in history" against Iran, urging allies and other countries to sever economic ties with Iran. Iran, on the other hand, has claimed it is capable of coping with the sanctions and maintaining its foreign economic relations. Commonwealth Bank of Australia predicts that if U.S. actions to isolate Iran are effective, the risk of Iran taking more aggressive actions may rise, further exacerbating volatility in the energy market.

According to CoinDesk, the latest report from asset management company VanEck shows that Bitcoin has currently triggered 8 out of 12 market capitulation indicators, indicating that the market is approaching the historical bear market bottom area, but the related signals do not mean that the price has bottomed out. These indicators mainly measure the market status of Bitcoin during extreme sell-off phases, including the extent of price retracement from highs, miner profitability, and the proportion of holders at a loss. Over the past three months, all 12 indicators have reached the triggering range.VanEck pointed out that Bitcoin's previous rounds of major bottoms experienced maximum declines of approximately 94%, 85%, 84%, and 78%, during which the market lacked support from spot ETF funds, institutional holdings were relatively small, and there were impacts from major industry events such as Celsius and FTX. In contrast, the market structure has changed this time. From a cyclical perspective, VanEck has compiled 4 complete Bitcoin cycles since 2011 and found that bear markets typically last about 11 months on average from peak to trough; if excluding the special cycle of 2011, the average is about 12.7 months. Currently, Bitcoin has entered the 10th month since its peak in October 2025, and the next potential accumulation window may appear between September and November of this year.VanEck concluded that the current capitulation indicators are more suitable as tools for long-term investors to assess the cycle position rather than short-term bottom-fishing signals. Historical data shows that the advantages of investing based on these indicators are mainly reflected within a one-year cycle, and the market may continue to fluctuate in the coming months.

According to Yahoo Finance, SkyBridge Capital founder Anthony Scaramucci stated in a CNBC interview that the current narrow fluctuations in Bitcoin are due to three factors: miners shifting resources to AI, capital flowing into AI investments, and the position of cryptocurrency in the four-year market cycle.He still expects Bitcoin to rise to $100,000, but the next catalyst may take 20 months to arrive. He pointed out that Bitcoin is in a "clear bear market," but the current decline is only about 55%, far lower than the previous cycles' 75%-80%, which is actually a positive signal—indicating that there are many net buyers preparing for the next bull market. Over the past three months, Bitcoin has only outperformed the S&P 500 on about one-third of trading days, but on Monday and Tuesday of this week, it outperformed the major U.S. stock indices for two consecutive days.

Stacks co-founder Muneeb Ali stated that the Satoshi Upgrade I hard fork has been successfully completed, and the network's level of decentralization has further improved with the launch of the new signer.Regarding Binance's "Observation Label," there are currently no concerns about delisting risks or liquidity, but we still need to wait for the next round of formal assessment.

Hawaii will implement a cryptocurrency ATM ban effective October 1, becoming the fourth state in the United States to enact such a ban, aimed at addressing the significant losses caused by digital asset fraud.

Trader Ansem (@blknoiz06) posted on the X platform stating that currently, there are tens of billions of dollars in stablecoin funds on-chain waiting to re-enter the risk asset market. Ansem believes that in the coming weeks, market participants will gradually realize that mainstream crypto assets (Majors) do not need to reach new historical highs, and capital rotation may occur earlier.He stated that as stablecoin funds flow back into the risk asset market, the market may welcome a stronger upward trend.

Berkshire Hathaway today released its Q2 2026 financial report, with the most market attention focused on the cash reserves dropping to $36.551 billion in the second quarter, down from about $39.74 billion in the first quarter. This marks the end of Berkshire's 14 consecutive quarters of net selling, turning into a significant net buying for the first time since the fourth quarter of 2022.In the financial report, Berkshire's net stock purchases in the second quarter were nearly $20 billion, including about $10 billion in a private placement from Google's parent company Alphabet to support investments such as its AI data centers. Approximately $6.8 billion was spent to acquire homebuilder Taylor Morrison, which was a complete acquisition and not entirely a public market stock transaction. About $4.5 billion was used to repurchase its own shares. After deducting the above major items, there remains about $3 billion of "unexplained" net purchases of public market equities, with specific stocks to be disclosed in the 13F filing around August 14. Currently, Alphabet officially enters Berkshire's top five holdings, alongside American Express, Apple, Bank of America, and Coca-Cola, with the top five holdings accounting for about 66% of the stock portfolio.Buffett previously stated that the long net selling period was mainly due to high market valuations, making it difficult to find sufficiently attractive opportunities. This shift is seen as a clear signal of more aggressive capital allocation under Abel's leadership as CEO, with Berkshire moving from "patient waiting" to "starting to act."

The TRON DeFi Summer S2 season officially launched on August 5 at 8:00 (SGT). This season's total prize pool has been significantly increased to $2.35M, and it brings a 60-day Boosted APR exclusive incentive, covering core asset pools such as TRX, USDD, JST, and SUN. Users can easily access JustLend DAO through the DeFi section of the Binance Wallet to capture yield opportunities in deep liquidity.Looking back at the S1 season, TRX's TVL in JustLend DAO exceeded $3.2B, USDD's TVL surpassed $460M, and the peak APRs for JST and SUN reached 63.7% and 44.79%, respectively, with over 195K+ interactions across the network and global exposure exceeding 42.35M people. The S2 battle is now ignited, log in to the Binance Wallet to enter JustLend DAO and seize the DeFi summer bonuses.

Well-known crypto KOL Ansem posted that signs of a bottom forming are appearing in the crypto market. Firstly, prices are beginning to show resilience against negative news; for example, when Saylor sold millions of dollars in the range of $58,000 to $60,000, BTC continued to form higher lows. Secondly, crypto-native mobile applications are starting to see actual user growth, with Pump.fun's weekly revenue increasing by 20% and Fomo surpassing 100,000 users within a week; institutional interest is also rebounding, including progress from Robinhood Chain and billionaire Paul Tudor Jones publicly bullish on BTC. Additionally, the popularity of crypto-related content on social media is rising again.Ansem stated that if on-chain tokens continue to create higher highs after the initial volume peaks, the number of holders of popular tokens continues to grow, mainstream media refocuses its reporting, developers experiment with new on-chain mechanisms, and successful protocols provide incentives through airdrops, it may further confirm that a new bull market has begun.

According to Jinshi reports, several Iranian one-way attack drones attacked and hit a military base in northern Kuwait on Monday night.

According to Jinshi reports, the Kuwaiti military stated that the air defense forces are currently intercepting enemy missiles from Iran.

According to Jinshi reports, the Iranian military announced that its suicide drones attacked the fighter jet hangars, satellite communication systems, and equipment warehouses at the Ahmed Jaber Air Base in Kuwait a few hours ago.

According to Jinshi reports, the Iranian Revolutionary Guard attacked a U.S. base located in Kuwait on Thursday morning local time.

According to Jin Shi reports, on Wednesday, Korean retail investors faced forced liquidations of approximately 1.7 trillion won (about 1.2 billion USD) in positions.Jung In Yun, CEO of Fibonacci Asset Management, stated, "Today there are many cases of forced liquidations, and we need to wait until the selling sentiment of retail investors eases before taking action."

According to Jinshi reports, analysts at ING pointed out that gold prices rose on Monday due to a sharp drop in oil prices, which eased inflation concerns and put pressure on the dollar and U.S. Treasury yields. This round of movement closely follows the pause in hostilities between the U.S. and Iran, with lower oil prices improving the outlook for non-yielding assets.The market is focused on the Federal Reserve and the upcoming U.S. inflation data to seek further guidance on interest rate prospects. If yields remain suppressed, gold prices should continue to find support around current levels.

According to Cointelegraph, the State Duma of Russia has passed the bill No. 1194918-8 "Digital Currency and Digital Rights" in its second and third readings on Tuesday, setting rules for the operation of crypto assets and cross-border trade within the country.The bill establishes a regulatory framework for market participants such as cryptocurrency exchanges, brokers, asset management companies, and custodians, and sets operational requirements for industry companies. The bill allows crypto assets to be used for foreign trade activities, while payments for goods and services within Russia remain prohibited. The main provisions are expected to take effect on September 1, 2026, with a transition period until July 1, 2027, and the bill still needs to be signed by President Vladimir Putin to become law.