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According to Jinshi reports, S&P Global Market Intelligence Chief Business Economist Chris Williamson stated that although the PMI index in the U.S. remained stable in July, the survey data behind it shows some warning signs for future growth trajectories. The production growth rate significantly slowed in July, and new business growth has been weak for the third consecutive month, reflecting a reduction in inventory backlog.Increased supply chain delays, declining exports, and customer resistance to high prices have also brought pressure. Although inflation in raw material costs has slightly eased, inflationary pressures remain high, and corporate optimism about the economic growth outlook has fallen to its lowest level since October of last year.

According to Wall St Engine, Morgan Stanley analyst James Faucette downgraded Circle (CRCL) from Equalweight to Underweight, with a target price reduced from $106 to $38.In his comments, Faucette pointed out that the contraction in USDC scale exposes the sensitivity of Circle's reserve income, meaning that the revenue structure will tilt towards lower-margin transaction income. The firm has lowered its USDC scale assumptions for 2027 and 2028 by approximately 33% and 44%, respectively, resulting in GAAP EPS expectations that are about 3% and 20% lower than market consensus.Tokenized money market funds and deposits threaten USDC balances and rates, and the economic structure of USYC is relatively weak; the scale of agentic payments remains negligible, with an average daily transaction volume of only $41,900, implying an average transaction amount of about $0.24. Open USD has introduced shared governance and reserve economic models, increasing the cost of maintaining USDC distribution.

According to monitoring by Lookonchain, an Ethereum OG (0x087...2d14) sold 2,250 ETH after being inactive for 3 years, worth 4.15 million dollars.This OG purchased these ETH over 8 years ago at an average price of about 489 dollars.

According to CoinDesk, the cryptocurrency trading platform Bitget announced that it will stop providing trading services to residents of Japan and plans to close all remaining positions by December 31, 2026.Bitget has stopped accepting new registration applications from Japanese users as of Sunday. Existing users who believe the platform has mistakenly identified them as Japanese residents need to complete secondary identity verification and submit proof of address by November 1.Bitget stated that accounts that do not complete verification will enter "liquidation-only mode" starting November 1, where users will not be able to open new positions or use services such as spot trading, contract trading, copy trading, trading bots, and yield products, but they can still deposit and withdraw within the limits.The platform will forcibly close all remaining positions on December 31 and suspend bank card services. Users will still be able to withdraw assets thereafter.Bitget stated that this move is to comply with local regulatory requirements in Japan. Recently, Japan passed relevant legislation to reclassify crypto assets as financial instruments, and unregistered operating crypto platforms may face fines of up to approximately $62,800 and up to 10 years in prison in the future.

According to PR Newswire, AI data center company Hyperscale Data (NYSE: GPUS) announced the successful implementation of a Bitcoin-backed DeFi financing strategy through the Morpho protocol.As of August 2, 2026, the company has completed approximately $30 million in Bitcoin collateralized loans through the protocol, with a current variable interest rate of about 4.9%. The funds raised will be used to support the ongoing construction of its AI data center campus in Michigan, as well as general corporate purposes such as daily operating capital.The company stated that this move aims to transform Bitcoin reserves from passive storage assets into a low-cost source of growth capital, while maintaining exposure to the long-term appreciation of Bitcoin and reducing reliance on dilutive equity financing.

According to Jinshi reports, former Iranian Foreign Minister Javad Zarif warned that if Iran fails to reach a final agreement with the United States within the proposed 60-day negotiation period, it may face further economic difficulties, domestic turmoil, or a new round of military strikes.

The South African National Treasury and the South African Reserve Bank (SARB) have jointly released the "Draft Manual on Cross-Border Crypto Asset Activities," which is now open for public consultation, with a deadline of September 30, 2026.This manual is implemented in conjunction with the previously released "Draft Regulations on Capital Flow Management 2026," aiming to strengthen the regulation of cross-border financial activities and prevent the risks of illegal fund flows related to crypto assets.The manual specifies the triggers for cross-border crypto asset transactions—when crypto assets are transferred between authorized CASPs in South Africa and foreign CASPs, or when they are transferred from an authorized CASP in South Africa to a non-custodial wallet, this constitutes cross-border capital inflow or outflow and must be reported to the Financial Surveillance Department (FinSurv).It is noteworthy that, at this stage, individuals are only allowed to conduct outbound crypto asset operations through authorized CASPs within a single discretionary limit or foreign capital limit, and South African entities are currently not permitted to engage in related cross-border operations.Furthermore, the manual does not currently differentiate between different types of crypto assets, nor does it classify crypto assets as South Africa's official currency.

According to Jinshi reports, Trump stated that U.S.-Iran negotiations will start on August 3, and there is already an agreement regarding the Strait of Hormuz. He believes that reaching an agreement with Iran is better than military strikes and has decided to take punitive measures regarding the Canadian wildfire issue. In addition, Trump acknowledged that the U.S. is helping Japan boost the yen and mentioned the Pearl Harbor incident.Israeli officials stated that they were excluded from decision-making information before the U.S. canceled its strike plans against Iran.

American Bitcoin (NASDAQ: ABTC) announced its Q2 2026 financial report, showing that as of June 30, the company's Bitcoin reserves increased to approximately 8,002 coins, an increase of about 981 coins compared to the end of Q1, representing a quarterly growth of about 14%; the Bitcoin holdings per share grew by approximately 11%.During the reporting period, the company mined approximately 932 BTC, achieving the highest quarterly production in history; mining revenue was about $67.02 million, a quarter-on-quarter increase of about 8%, with a gross margin maintained at around 50%. The cost of mining a single BTC was approximately $36,500, remaining basically flat compared to the previous quarter. American Bitcoin CEO Mike Ho stated that the company will continue to increase its Bitcoin reserves by expanding mining infrastructure and enhancing balance sheet strength. Co-founder and Chief Strategy Officer Eric Trump mentioned that the company currently holds over 8,000 BTC and operates one of the largest Bitcoin mining platforms globally, maintaining strong confidence in the long-term prospects of Bitcoin.

Coinbase posted on the X platform that it offers stock index perpetual-style futures for U.S. users, allowing them to go long or short on entire sectors.

Fortune Protocol announced the completion of its Pre-A round of financing, which received strategic support from several well-known institutions including MH Ventures, Mapleblock Capital, NewTribe Capital, Basics Capital, and Everwood Capital. The funds will primarily be used to accelerate the technological upgrade of Fortune Agent, expand liquidity in the prediction market, and build ecological infrastructure, further promoting the deep integration of AI and prediction markets.The completion of this Pre-A financing marks a new phase of ecological expansion for Fortune. In the future, Fortune will continue to advance AI Agent capability development, integrate more prediction markets, and foster global community ecosystem development in preparation for the upcoming TGE.It is reported that Fortune Protocol is an AI-driven prediction derivatives protocol that aggregates liquidity from prediction markets to provide users with a unified trading entry for prediction assets, and combines AI Agents to achieve market analysis, discovery of trading opportunities, and execution of intelligent strategies.

According to Sifted, the EU's Artificial Intelligence Act officially entered a new enforcement phase this week, with regulators beginning to require companies to label AI-generated content and fulfill disclosure obligations when users interact with AI technology. This move marks a key step for the EU in the field of AI regulation, with fines of up to 3% of annual global turnover for non-compliant companies.The scope of the act is broad, covering various forms of AI-generated content, including images, videos, and text. Analysts point out that the implementation of this enforcement will place substantial pressure on the compliance systems of tech companies operating in the EU, and companies need to quickly improve their relevant disclosure mechanisms to meet regulatory requirements.

According to Arkham data, Bitwise's BSOL ETF has accumulated approximately $891.9 million in SOL.BSOL is currently the largest SOL ETF, attracting nearly 80% of the capital inflow in the U.S. SOL ETF market.

According to the data panel on the ChainCatcher official website, in the past 7 days, the top three mainstream exchanges for net asset inflow are Binance (+$382 million), Gate (+$255 million), and OKX (+$233 million).

The South Korean cryptocurrency exchange Bithumb has published an update on its IPO preparation progress. Bithumb stated that it is collaborating with leading domestic accounting firms to advance the construction of its risk management system, converting accounting standards from K-GAAP to internationally accepted K-IFRS, and strengthening internal compliance and internal control processes. The company is also restructuring its business by spinning off Bithumb Asset and clarifying the responsibilities and boundaries of each business segment; at the same time, it is promoting business model diversification and liquidity asset reserves to enhance financial stability.Bithumb claims it will maintain transparent operations by regularly disclosing financial status, operational matters, and cryptocurrency asset holdings, and will collaborate with large domestic and international securities firms, law firms, and accounting firms to assess corporate value and legal risks, as well as to formulate strategies for the pre-listing review.Regarding the timeline, Bithumb plans to complete the upgrade of its internal control system and K-IFRS conversion preparations by 2026, submit the pre-listing review and undergo audits in 2027, and complete the IPO in 2028, with specific timelines potentially adjusted based on market conditions and regulatory review progress.

According to data from RootData stock derivatives exchanges, the top three exchanges by cumulative trading volume over the past 7 days are Binance, Hyperliquid, and OKX.The total trading volume of the three exchanges is approximately $212.519 billion, accounting for 77.79% of the market share. Among them, Binance's total trading volume over 7 days is approximately $141.376 billion, with a market share of 51.75%; Hyperliquid is approximately $36.869 billion, with a market share of 13.50%; OKX is approximately $34.274 billion, with a market share of 12.55%.

Well-known trader CryptoD stated on social media, "Recently looking back at community messages, I found that the entire Meme ecosystem has become very fragmented. The Chinese and foreign markets are gradually forming different ecosystems, leading to ineffective concentration of funds. Additionally, the market has been in a bear phase for a long time, with no significant increase in funds, but rather more chains emerging and liquidity becoming more dispersed.However, I also believe that the overall crypto market is gradually approaching the bottom, and Q3 and Q4 are likely to be the last period to calmly position before the next bull market."Previous reports indicated that CryptoD earned over 10 million dollars by trading the Meme coin TRUMP.

The AI-driven meme infrastructure project 2U2.ai announced that its native token $2U2 will officially launch on Bitget, KuCoin, and MEXC for spot trading at 15:00 (UTC+8) on August 3, while KuCoin will simultaneously launch $2U2 contract trading.Meanwhile, the community incentive campaign "The Meme Arms Race," which lasted for several months, has officially concluded. The project team will simultaneously open airdrop claims for 100,000,000 $2U2, and eligible users can log in to official channels to claim them. According to the rules, users can choose between an "immediate claim" or "long-term release" mechanism, corresponding to different earning models.2U2.ai is committed to building a Web3 native meme content production and distribution infrastructure, achieving on-chain assetization of memes through the "Create--Share--Earn" mechanism. This token listing and distribution marks the comprehensive entry of its ecosystem into the circulation and operation phase.