Today's Highlights
1. Southern East Asia to Adjust Leverage Structure for Crypto Products
2. SpaceX Short Interest Surpasses $24.6 Billion
3. Earnings Calendar: Major U.S. Companies Report on August 5
4. FACEIT Launches AI-Based Cheating Detection System
5. Elon Musk Announces Grok 4.6 and 4.7 Release Dates
Macro News
Minnesota Bans Crypto ATMs to Curb Elderly Scams
Minnesota’s law banning crypto ATMs (SF 3868) took effect on August 1, 2026. State reports show residents lost approximately $1 million to crypto ATM scams between 2023 and 2025, with elderly individuals being the primary victims.
Fidelity Q3 Report: Bitcoin Bear Market Only Two-Thirds Completed
Fidelity’s Q3 signal report indicates the weighted NUPL has dropped to -0.01, with BTC dominance rising to 68%. The ongoing correction has lasted 203 days, suggesting it may only be two-thirds complete compared to historical bear market cycles of around 300 days.
Industry Hotspots
Bitcoin Daily Active Addresses Surge to Nearly 1 Million
CryptoQuant analyst Julio Moreno reported that Bitcoin’s daily active addresses surged from 645,000 on July 30 to nearly 1 million on July 31, the highest since December 2024, driven by increased sending addresses following the Coldcard hack.
Bitcoin Stolen in Coldcard Hack Exceeds $88M
The Bitcoin stolen from the Coldcard hardware wallet hack now exceeds $88 million. The incident highlights the vulnerability of supply chains in hardware wallet security.
BTC Breaks $65,000 Could Trigger $478M Short Liquidations
According to Coinglass data, if Bitcoin breaks $65,000, major CEXs could see $478 million in short liquidations. Conversely, a drop below $62,000 may trigger $330 million in long liquidations.
ADA Whale Accumulation Continues
Whale wallets are continuing to accumulate ADA. The Cardano ecosystem is advancing with Hydra scaling and ongoing development, emphasizing decentralization and long-term growth.
Coldcard Hack Sparks Debate on Wallet Security
The Coldcard hack has reignited discussions on the importance of secure supply chains for hardware wallets. Critics argue that even trusted solutions can fail due to corporate negligence.
KOL and Institutions
@blknoiz06
blknoiz06 secured $89 million worth of $ANSEM with institutional-grade custody at BitGo. This move signals a strategic shift toward institutional security and long-term positioning.
@blknoiz06
The recent fund move by blknoiz06 is seen as a strategic move to meet exchange requirements for a Tier 1 listing, which is viewed as highly bullish for the Solana-based project.
@zachxbt
Zachxbt expressed concern over the Coldcard hack, emphasizing the need for users to double down on security practices to avoid losses from trusted but compromised solutions.
@blokfeed
The crypto market is currently in a consolidation phase. Bitcoin is trading at $62,779, and Ethereum at $1,843, with low volume and volatility indicating traders are waiting for clearer signals.
@SoSoValueCrypto
Bitcoin is holding at $63,018, down 1.23% on the day but up ~7.5% in July. Market volume remains low at $22.7 billion, with traders appearing hesitant to take directional bets.
@kyc_rip
Monero’s CEX price is $364.09, while the street price is slightly higher at $365.37. Privacy nodes account for 80.6% of the network, and P2P liquidity stands at 6,426.40 XMR.
@tradesviz
Tradesviz highlights the importance of reviewing daily execution data to identify unprofitable trading patterns. Visual tools help traders align session notes with actual price movements for better performance analysis.
@seahorse_anton
Palantir Technologies is expanding its AI platform with commercial bootcamps and government contracts. The stock is in a bearish regime, with a pullback below cloud resistance ahead of its Q2 earnings report.
@InsiderFinancex
July saw a significant increase in S&P 500 downside protection demand, as evidenced by a $1.67 billion dark-pool print at $747.03. This suggests traders are becoming more cautious despite the market being near record highs.
Google released a free 60-minute crash course on graph engineering, covering topics like GraphRAG agents, graph engineering explanations, and agentic search techniques.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.