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According to technology analyst Ed Zitron, citing estimates from institutions such as Barclays, UBS, and Wells Fargo, Microsoft, Google, and Amazon, the three major cloud providers, may see over 70% of their AI revenue coming from OpenAI and Anthropic. Specifically, Barclays analyst Ross Sandler estimates that about 73% of Amazon AWS's AI revenue in 2026 will come from these two companies; UBS analyst Stephen Ju estimates that approximately 28% of Google Cloud's revenue in 2026 and over 48% in 2027 will come from them; Wells Fargo estimates that about 23% of Microsoft Azure's revenue in FY2026 and about 35% in FY2027 will come from these two AI labs.The analysis indicates that AWS's AI revenue in 2026, excluding OpenAI/Anthropic, is expected to be only about 8.5 billion dollars, while Amazon's capital expenditure for that year is expected to reach 220 billion dollars. Google's Vertex AI platform revenue in 2026 is expected to be about 28.3 billion dollars, but during the same period, the computing power expenditure for OpenAI and Anthropic is expected to exceed 35.6 billion dollars. Microsoft's AI revenue in FY2026 is about 34.5 billion dollars, with capital expenditure during the same period of about 115.9 billion dollars. This analysis has raised market concerns about the overbuilding of AI data centers and the sustainability of demand, questioning whether the three major cloud providers should disclose customer revenue concentration risks more transparently. Currently, Microsoft, Google, and Amazon have not publicly responded to this.

CoinGlass's latest data shows that BTC is currently priced at $63,129.2, with a 24-hour decline of 0.43%. The total spot trading volume across the network is approximately $1.838 billion. Among them, Gate's BTC spot trading volume is about $212 million, ranking third in the network.As for ETH, it is currently priced at $1,863.23, with a 24-hour decline of 0.66%. The total spot trading volume across the network is approximately $763 million. Among them, Gate's ETH spot trading volume is about $105 million, also ranking third in the network. Meanwhile, the total contract trading volume for ETH across the network is approximately $24.138 billion, with Gate's ETH contract trading volume at about $2.228 billion, similarly ranking third in the network.From the latest trading distribution, the price adjustments for BTC and ETH within the day are relatively limited, and the trading heat of mainstream assets remains concentrated on leading platforms. Gate ranks in the top three for BTC spot, ETH spot, and ETH contract in three core trading indicators, indicating that its liquidity and trading activity in mainstream cryptocurrency trading remain at a high level.

According to Jinshi reports, the dollar index, which measures the dollar against six major currencies, rose by 0.05% on August 1, closing at 99.917 in the foreign exchange market. 1 euro exchanged for 1.1531 dollars, down from 1.1535 dollars the previous trading day; 1 pound exchanged for 1.3482 dollars, up from 1.3476 dollars the previous trading day; 1 dollar exchanged for 158.9 yen, down from 158.93 yen the previous trading day; 1 dollar exchanged for 0.8082 Swiss francs, up from 0.804 Swiss francs the previous trading day; 1 dollar exchanged for 1.4019 Canadian dollars, up from 1.3996 Canadian dollars the previous trading day; 1 dollar exchanged for 9.5193 Swedish kronor, up from 9.5189 Swedish kronor the previous trading day.

As market risk aversion increases, international gold prices have shown a mild recovery trend recently. According to CoinGlass data, gold (XAU) is currently priced at $4088.05, with a 24-hour increase of 0.68%. The total network position size is $858 million, of which Gate XAU's position amount reaches $174 million, firmly ranking among the top two in the industry; Tether Gold (XAUT) has a total network position size of $571 million, with Gate XAUT's contract position amount reaching $127 million, firmly ranking among the top three in the industry.

According to BBX data, yesterday global listed companies disclosed the latest real announcements regarding adjustments in cryptocurrency assets and business payment applications, with the following core dynamics:Hyperscale Data monetizes 100 BTC to build an AI data center: U.S. listed company Hyperscale Data, Inc. (NYSE American: $GPUS) announced the sale of 100 bitcoins to fund the construction of its AI data center located in Michigan. The company's CEO William Horne stated that this move is "converting one balance sheet asset into another," and clarified that the company's underlying belief in bitcoin has not changed.Quantum Solutions sells 1,000 ETH to inject into AIDC business: Japanese listed company Quantum Solutions announced that it sold 1,000 ETH through its merged subsidiary GPT Pals Studio Limited (GPT) for $1.9 million (approximately 311 million yen). The proceeds from the sale will be fully invested in the expansion of artificial intelligence infrastructure (AIDC) and data center business.Vida Global seamlessly accesses bitcoin payroll through the Lightning Network: U.S. listed company Vida Global (NYSE American: $VIDA) announced the adoption of Voltage Credit to pay its global team members in bitcoin via the Lightning Network. This mechanism utilizes a revolving credit line to instantly issue bitcoin and repays the balance in U.S. dollars at the end of each month, similar to processing standard vendor invoices, allowing the company to establish a cryptocurrency payroll settlement channel without directly holding a bitcoin wallet or reflecting cryptocurrency assets on its balance sheet.

According to The Defiant, Lightning Labs, the company behind the Lightning network development tools, launched a dedicated website for the L402 protocol on Wednesday, positioning the protocol as a channel for AI agents to make payments in Bitcoin. The company stated that with L402, agents can make payments in Bitcoin and complete identity verification natively, without the need for accounts, intermediaries, or human involvement, and described L402 as a protocol for machine-to-machine commerce on Lightning.It disclosed that the addition is a website rather than the protocol itself. L402, or Lightning HTTP 402 protocol, has previously existed in Lightning Labs' tech stack, and its standard implementation, Aperture, is currently being used by the non-custodial exchange service Lightning Loop. This mechanism reuses the HTTP 402 status code, where the server returns a 402 along with a validation header containing tokens and Lightning invoices when the client requests a restricted interface. After the client makes a payment, it accesses the interface with the token and payment original, allowing the server to complete verification without querying the payment database.

Meta released its Q2 2026 financial report, with revenue of $60.8 billion, a year-on-year increase of 28%, slightly above the market expectation of $60.3 billion; net profit of $15.85 billion, a year-on-year decrease of 14%; earnings per share of $6.18, a year-on-year decrease of 13%. Advertising revenue was $59.36 billion, a year-on-year increase of 27%, with ad impressions increasing by 14% and average price rising by 12%. Operating profit decreased by 8% year-on-year to $18.78 billion, and the operating profit margin fell from 43% to 31%. Total costs and expenses surged by 55% year-on-year to $42 billion, which includes $2.4 billion in legal litigation expenses and $1.18 billion in layoff costs.The revenue guidance for Q3 is $61 billion to $64 billion, with a midpoint of $62.5 billion, below the market expectation of $63.2 billion. The full-year capital expenditure guidance has been adjusted from $125 billion to $145 billion to $130 billion to $145 billion. Free cash flow was only $784 million, significantly shrinking year-on-year, reaching a nearly four-year low. Meta also narrowed its full-year expense guidance for 2026 to $165 billion to $169 billion, maintaining the expectation of "operating profit above 2025." Zuckerberg stated, "AI is accelerating our core business, and the results are beginning to show." After the financial report was released, Meta's after-hours stock price briefly fell over 10%.

According to Gate market data, the three major U.S. stock index futures have slightly declined in the short term, with Dow futures down 0.13%, S&P 500 futures down 0.08%, and Nasdaq futures down 0.02%.

According to a report released by CryptoQuant's research director Julio, the current open interest in cryptocurrency perpetual contracts is approximately $65 billion, down about 20% from the peak of around $80 billion in September 2025 and early 2026, reflecting some deleveraging rather than new capital inflows. The market is highly concentrated, with Binance dominating with about 39% market share, the top three platforms accounting for about 63%, and the top five making up about 81%, indicating that capital is highly concentrated in leading exchanges.The report states that, at the same time, TradFi perpetual contracts for metals, crude oil, and stocks have become a growth highlight. This 24-hour, round-the-clock product has doubled in scale to over $2 billion since the end of May, allowing crypto trading to compete directly with traditional trading venues, although its size currently accounts for only about 3% of the crypto perpetual market. TradFi perpetual contracts are also dominated by leading platforms, with Binance, Gate, and Bybit at the forefront, showing that platforms with mature infrastructure and liquidity are extending their advantages into traditional asset tracks.

As TRON DeFi Summer S1 enters its final sprint phase, JustLend DAO announces that it will hold a "Highlight Night" in-depth roundtable discussion on July 28 at 20:00 (SGT) in X Space. This event will feature several heavyweight industry guests, focusing on JustLend DAO's lending and borrowing market, Staked TRX, and energy leasing, among other core product matrices, comprehensively analyzing the synergistic effects of assets such as USDD, SUN, and JST within the TRON DeFi ecosystem. At that time, guests will guide you to unlock the triple play of "asset yield, liquidity release, and on-chain resources" in one go, aiming to help DeFi participants at different stages clearly outline the multiple application scenarios and value flows of TRON's core assets. Please stay tuned for the official X Space on July 28 at 20:00 (SGT) to jointly explore the highlights of the TRON DeFi ecosystem.

Lighter tweeted that a trading bot malfunctioned on July 25, briefly affecting the HYPE and ZEC markets. During the incident, the HYPE price reached $60.96 and $56.31 within half a minute, while the external trading price was around $58 at the same time, and then the price recovered within a minute. There were no forced liquidations across the market, and losses were limited to the accounts that triggered the issue.The bot was launched with $500,000 in funds and traded $27 million back and forth on HYPE within 5 minutes, accounting for 74.2% of the market trading volume; it generated $220.8 million in order volume on ZEC, accounting for 86.7%, causing the ZEC price to briefly rise to $521. Lighter stated that the risk engine marked positions with fair prices to resist manipulation and rejected 801 orders when margin was insufficient. Ultimately, the bot incurred a loss of about $482,000, all from its own funds. Lighter's liquidity pool (LLP) earned about $143,000, and 40 independent accounts each made over $1,000 in profit.

CryptoQuant analyst Darkfost stated that since 2025, the inflow of stablecoins into exchanges has been continuously declining, reaching the lowest level since that period. Currently, the monthly average inflow of stablecoins (USDT, USDC) is about $2.3 billion, with an annual average inflow of about $3.7 billion. When the price of Bitcoin reached its historical peak, the monthly average inflow was $5.6 billion, and the annual average inflow was $4.3 billion. This dynamic clearly indicates the current weak demand and lack of investor interest. However, it is important to note that when the inflow of stablecoins peaks, it is often a lagging signal. When some investors accelerate profit-taking, exchanges increase the supply of stablecoins, while new investors continue to bet that the price of Bitcoin will keep rising. Currently, market demand still needs improvement.

According to Gate market data, the Dow Jones Index opened up 101.65 points on July 24 (Friday), an increase of 0.2%, reporting at 51,813.3 points; the S&P 500 Index opened up 1.66 points, an increase of 0.02%, reporting at 7,409.76 points; the Nasdaq Composite Index opened down 15.39 points, a decrease of 0.06%, reporting at 25,122.31 points.

PPP prediction market tool monitoring shows that the probability of Polymarket's SpaceX Starship conducting its 13th test flight on July 24 has risen to 77%, up 16% in 24 hours; the probability for the 13th test flight on July 25 has risen to 83%, up 35% in 24 hours.SpaceX previously announced that due to weather reasons, the 13th test flight of the SpaceX Starship was postponed to July 24, but it is still uncertain whether the weather reasons still exist. SpaceX attempted the first test flight of the Starship on July 17, but due to some Raptor engines failing to start as expected, the automatic launch abort procedure was triggered, resulting in the failure of the first test flight. It is reported that SpaceX is currently fully "betting" on the Starship and has begun to refuse commercial Falcon rocket launch orders after 2028.

According to Bitcoin Magazine, Lightning Labs has released the alpha version of Wavelength, a toolkit that provides self-hosted Bitcoin payment capabilities for developers and AI agents through a simple non-custodial API, without the need to run nodes, manage channels, or obtain liquidity.Wavelength supports on-chain Bitcoin, Lightning Network payments, and settlement layers similar to Ark, with each off-chain payment using standard BOLT 11 invoices, allowing interoperability with existing Lightning Network. AI agents can call the API through the Model Context Protocol (MCP), hold balances, and pay for API calls in the smallest units, among other services. Wavelength is live on Signet and testnet, with mainnet access by invitation only, initially supporting Bitcoin, and stablecoin support planned through Taproot Assets.

According to Gate market data, U.S. stocks closed lower on Wednesday, with the Dow Jones Industrial Average initially down 0.01%, the S&P 500 index down 0.14%, and the Nasdaq down 0.57%. SpaceX (SPCX.O) fell 6.7%, hitting a new closing low. Nvidia (NVDA.O) rose 2.3%, SK Hynix (SKHY.O) fell 3.8%, Supermicro (SMCI.O) rose nearly 20%, and Dell (DELL.N) rose 9%.The Nasdaq China Golden Dragon Index closed down 1.8%, with NetEase (NTES.O) falling over 6%.

Lightning Labs announced on the X platform that it has launched Wavelength, a self-hosted Bitcoin payment toolkit designed to make integrating Bitcoin into applications as simple as calling an API.The platform is built on a layer similar to Ark, supporting developers, AI agents, and vibe coders to access Lightning payments for any application without the need to run nodes, manage channels, or acquire liquidity. It also supports AI agents using Bitcoin payment APIs, data sources, and other services through MCP tool calls. Wavelength is currently available in alpha version on signet and testnet, with mainnet access requiring an invitation.

According to Jinshi reports, Federal Reserve's Logan stated that the labor market is well balanced and even slightly strengthened.