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According to Gate market data, Intel (INTC.O) fell by 5.3% in pre-market trading.

According to the latest ranking data of stock derivatives exchanges released by RootData, the exchange with the largest 24h position decline among the top ten is XT.COM, with a position of approximately 959 million USD, a decrease of 11.52%; the largest price difference is Hotcoin, with a price difference of 0.107%.It is reported that this price difference is the weighted price difference based on the 24h transaction volume, and a higher value usually indicates higher trading costs.

Economists surveyed by Reuters expect that the overall CPI year-on-year in the U.S. for July will drop from 3.5% in June to 3.4%; the core CPI year-on-year is expected to decrease from 2.6% last month to 2.5%. Economists at Citigroup believe that, as expected, if there is a second consecutive month of soft inflation readings, it would indicate that more than one month of data points to easing inflation pressures, which would essentially rule out the possibility of a rate hike in September. However, economists also expect that core service sector inflation will rise slightly in July, with prices increasing by 0.3% month-on-month.Previously, the data remained flat from May to June. Analysts at Bank of America stated that a rebound in core service sector indicators could keep the September rate hike on the table. Analyst Kate Duguid noted that if the latter view prevails and inflation data comes in below expectations, then the Federal Reserve's rate hike could be delayed until December or later.

CryptoQuant analyst Axel Adler Jr. posted on the X platform that Bitcoin's current trading price is below the cost basis of short-term holders (STH), which is the average purchase price of Bitcoin held for less than 155 days. As of August 8, 2026, the trading price of Bitcoin is $64,952, while the realized price for short-term holders is $67,523.The spot price is 3.8% lower than this level, with a gap of $2,571, the narrowest since July 21. Over the past 284 days, Bitcoin has closed below the STH realized price for 279 days. This time may not be an exception, as short-term holders will begin to sell to close positions at breakeven.

According to a16z crypto, the monthly spending on crypto payment cards has grown from a niche scale to $759 million. These cards allow users to pay with cryptocurrency in all scenarios that support traditional card organizations, with stablecoins converted to local currency at the point of sale, making it no different for merchants than regular card transactions.As of July 31, looking at the spending composition from various card programs, RedotPay has long held the majority share, while EtherFi, KAST, Karta, and others have gradually increased their share since the end of 2025. a16z crypto states that crypto cardholders do not need traditional bank accounts and can deposit stablecoins with the issuer or hold them directly through self-custody. These cards have expanded global users' access to dollar accounts and provided a convenient spending method for stablecoin holders.

According to CoinDesk citing informed sources, the cryptocurrency exchange BitMEX spent two years discussing potential sales with multiple buyers, including competitor exchanges and payment platform Exodus, before announcing its shutdown, but ultimately failed to reach a deal. Informed sources indicated that potential acquirers were deterred mainly by the holding structure led by the company's founder, the ongoing shrinking of the business, and lingering reputation issues.Reports state that the company had hired investment bank Broadhaven to manage the sale process in early 2025. Informed sources said that although co-founders Arthur Hayes, Ben Delo, and Samuel Reed had already exited the business after facing U.S. criminal charges in 2020, the three still controlled the vast majority of the company's equity, which made some buyers uneasy and complicated negotiations, as buyers typically hope to secure management's retention post-transaction through partial acquisition consideration.Additionally, during the sale process, BitMEX continued to lose market share as trading activity flowed to larger centralized exchanges and decentralized perpetual contract platforms, making potential acquirers reluctant to pay the revenue multiples typically offered to growth companies.

Famous trader Killa posted that when Bitcoin breaks the current long-term downtrend line, do not short it. "In the last cycle, many people overcomplicated a simple trend change, and the weekly chart is the best confirmation signal."The attached chart shows the weekly Bitcoin charts for 2026, 2022, and 2018, all of which exhibit a similar descending channel pattern after a peak, used to compare with the current market structure.Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long during the market-wide decline on June 5.

In July, the United States unexpectedly lost 23,000 jobs, far below the expected increase of 80,000. The increase in June was also revised down to only 20,000. Despite the weak job market, the unemployment rate unexpectedly fell from 4.2% to 4.1%. "Fed mouthpiece" Nick Timiraos commented that in July, the U.S. unemployment rate dropped to 4.09% because both the number of job seekers and the number counted as unemployed decreased; this data brought the unemployment rate to its lowest level in two years.Analysts pointed out that this disappointing report has reignited concerns about the labor market and may complicate the Federal Reserve's interest rate decisions, as policymakers need to seek a balance between weak employment and persistent inflation. As a result, market expectations for interest rate hikes quickly receded.Affected by this, U.S. stock index futures surged rapidly, with Nasdaq futures up 0.79% for the day, S&P 500 futures up 0.39%, and Dow futures up 0.27%. U.S. Treasury prices soared, with the yield on the 10-year U.S. Treasury currently down 4.29 basis points, reported at 4.627%; non-U.S. currencies generally rose, with the dollar against the yen briefly falling 80 points, reported at 157.72.At the same time, the U.S. Dollar Index DXY briefly fell nearly 30 points, reported at 99.67. Spot gold briefly rose about $40, reported at $4,351.43 per ounce.

Bitwise Chief Investment Officer Matt Hougan stated that if the Clarity Act does not pass this week, the market may experience a brief fluctuation, but it will be prepared for a rebound in the fall.

According to BeInCrypto, since November 2025, Bitcoin's 30-day average hash rate has decreased by 19%, dropping from 1,108 EH/s to 898 EH/s. Glassnode data shows that this nine-month decline is the longest in the network's history.This decline coincides with the largest capital migration in mining companies' history, with mining firms holding over $70 billion in AI contracts, and some of the power capacity originally used for Bitcoin mining has shifted to AI hosting, which may be difficult to return.

According to the official report from Spark, Spark Protocol released its Q2 2026 financial report. The total protocol return for the quarter reached $40.6 million (quarter-on-quarter +29%), with a net protocol return of $4.31 million (quarter-on-quarter -38%) and a net protocol surplus of $710,000 (quarter-on-quarter -79%). Distribution rewards amounted to $4.53 million, becoming the largest source of net income for the quarter, with sUSDS contributing $2.63 million, leading the way.The average deployment scale of the Spark Liquidity Layer (SLL) increased to $2.56 billion, but due to the narrowing of DeFi lending spreads and the cost of capital for the expansion of the Spark Savings USDT market, SLL recorded a net income of -$810,000, with the captured spread dropping from 0.64% in Q1 to -0.13%.The SparkLend USDT balance reached $528 million at the end of the quarter, making it one of the largest USDT lending platforms on Ethereum. The protocol treasury balance at the end of the quarter was $48.5 million, with $1.31 million in SPK token buybacks completed during the quarter. Despite facing pressure from spread compression, the protocol maintained profitability every month during this quarter.

U.S. Treasury bonds faced pressure in the New York morning session. Google announced the launch of a 10-part bond issuance, dragging down the long end of the yield curve and pushing the 2s10s and 5s30s spreads to intraday highs. On the short end, reports indicated that if inflation data released in the coming weeks is hotter than expected, Federal Reserve Chairman Kevin Walsh "will be prepared to raise rates at the September meeting."Following the report, short-term U.S. Treasury yields rose. U.S. Treasury yields increased across the board by 3 to 4 basis points, with long-term bonds leading the decline, and the 2s10s and 5s30s spreads steepening by about 1 basis point to their widest intraday levels. The yield on the 10-year U.S. Treasury rose to about 4.65%, up 3.5 basis points on the day.Google's bond issuance covers multiple maturities, with the shortest being 2 years and the longest being 40 years. The interest rate market is currently pricing in about 15 basis points of rate hike expectations for September, with cumulative rate hike expectations of about 33 basis points by the end of the year.

According to Jinshi reports, Federal Reserve Governor Cook stated that low consumer confidence is related to various factors such as high inflation.

According to Jinshi reports, the United States has removed Fly Baghdad from the sanctions list.

Yushu Technology (688836) announced that the application for its initial public offering and listing on the Sci-Tech Innovation Board has been approved by the Listing Review Committee of the Shanghai Stock Exchange and has received registration approval from the China Securities Regulatory Commission. This issuance will adopt a combination of strategic placement, offline issuance, and online issuance, with a proposed public offering of 40.4464 million new shares, accounting for 10.00% of the total share capital after the issuance. The issuer and the sponsor (lead underwriter) CITIC Securities (600030) will hold an online roadshow on August 7, 2026 (Friday) from 14:00 to 17:00, with participants being key members of the issuer's management and relevant personnel from the sponsor (lead underwriter).

According to Jinshi reports, Nvidia has released a cybersecurity guideline for the artificial intelligence industry, aimed at enhancing security standards and protective measures within the industry.

According to reports from Huxiu Technology, Jieyue Xingchen is advancing along two strategic lines: one centered around large models, and the other focused on intelligent terminal devices. The mobile phone business has been placed under the independent company "Zhiyue Xingchen," operated by a team with backgrounds in Huawei and Honor, led by terminal president Ni Jiayue. Jieyue's first intelligent terminal phone STEPX Neo was unveiled during WAIC, but the price and mass production schedule have not been announced. Huxiu has learned that Jieyue is building an overseas commercialization team, planning to sell large model APIs (primarily voice models) overseas, and mobile phones will also be included in the overseas sales plan.Jieyue Xingchen's chairman Yin Qi previously attempted the "AI + car" path at Qianli Technology (formerly Lifan Technology), and this time, using mobile phones as the first piece of the terminal strategy aims to establish a closed-loop system of "model---operating system---terminal." The phone is equipped with the Step AOS intelligent terminal operating system, positioned as a carrier for intelligent terminal services, with the business model ultimately returning to Token consumption. Jieyue also maintains model collaborations with 60% of top domestic mobile phone brands, with existing installations exceeding 42 million units, but the potential competitive relationship with its own mobile phone business remains unclear. As of the time of publication, Jieyue Xingchen has not commented.