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According to Jinshi reports, Goldman Sachs stated that hedge funds are selling U.S. tech stocks at a record pace.

According to the latest report released by the Financial Action Task Force (FATF), FATF conducted the seventh special assessment of the implementation of Recommendation 15 (R.15) across global jurisdictions. The report indicates that since the last update in 2025, countries have continued to advance in the regulation of virtual assets (VA) and virtual asset service providers (VASP), including conducting risk assessments, improving licensing and registration frameworks, implementing travel rules, and strengthening law enforcement actions.However, the report also points out that significant gaps still exist, mainly reflected in: the difficulty in effectively translating risk assessment results into mitigation measures, insufficient implementation of licensing and registration frameworks, challenges in identifying VASP activity subjects, and inadequate effectiveness of risk-based supervision and law enforcement. In terms of emerging risks, the report focuses on the following areas: the exacerbation of the "industrialization" trend of organized crime groups using virtual assets to commit fraud, the rising risk of stablecoin abuse, risks associated with non-custodial wallet peer-to-peer (P2P) transactions, offshore VASPs operating outside of regulation, and ongoing challenges in the DeFi sector. FATF calls for the public and private sectors to jointly strengthen the implementation of R.15, enhance risk mitigation capabilities, and deepen domestic, international, and public-private cooperation mechanisms.

Cryptocurrency analyst Amr Taha pointed out that the dynamics of the Bitcoin holder community have recently shown a clear divergence, with large whales continuously accumulating, while medium-sized wallets are selling off at an increasingly rapid pace. Specifically, wallets holding 1,000 to 10,000 BTC have seen a net increase of approximately 66,700 BTC over the past 60 days, nearing the level of 68,000 BTC reached on June 16.In contrast, wallets holding 100 to 1,000 BTC have a net sell-off of about 77,800 BTC, marking one of the most aggressive selling periods in the current data. Historical data shows that the behavior of wallets holding 100 to 1,000 BTC aligns with significant short-term market turning points. On April 25, this group had a net increase of over 92,000 BTC. About 10 days later, Bitcoin entered a short-term correction, ultimately declining by approximately -29%. Amr Taha believes that the continued accumulation by large holders will reduce the immediately available supply, especially during periods when smaller groups are actively distributing Bitcoin. While group data alone cannot determine future price trends, the current shift in supply towards large wallets may signal positive indications for Bitcoin in the medium term.

According to SEC Form 4 documents, Circle President and former CFTC Chairman Heath Tarbert has sold CRCL stock a total of 10 times since June 2025, with a total reduction amounting to approximately $30.77 million. Publicly disclosed documents indicate that his transactions mainly involve stock sales and option exercises, and he currently still holds about 503,000 shares of the company, with no records of increased holdings in the open market.Previously, in an interview with FOX Business, Tarbert responded to the drop in CRCL stock price from around $260 to about $62 by stating that the company is focused on long-term development, and mentioned that if Circle can achieve its mission of building internet financial infrastructure, the stock price will ultimately provide the answer (The stock will take care of itself).

According to market news, Goldman Sachs reported on July 18 that the Dark Side of the Moon released the Kimi K3 model, with 28 trillion parameters, surpassing Claude Fable 5 and GPT-5.6 Sol on the Arena.ai programming leaderboard, reaching a new high for Chinese models with an API pricing of $2.3 per million tokens. Two days after the release, Zhiyu fell by 28%, MiniMax dropped by 16%, the Nasdaq 100 index futures fell by more than 1.8%, and the Philadelphia Semiconductor Index has cumulatively dropped by more than 18% from its peak.Goldman Sachs believes that Kimi K3 marks a turning point: a Chinese laboratory that cannot match the largest pre-trained computing power in the West has rapidly narrowed the gap with top American models through architectural innovation and reinforcement learning, proving that "scaling" is no longer the only winning path. Goldman Sachs warns that the "era of computing power expansion" may be coming to an end, and the investment logic for AI infrastructure built around "the more computing power, the better" needs to be rewritten. Goldman Sachs maintains a buy rating on MiniMax and a neutral rating on Zhiyu. Future attention will focus on the intensive release of 20-50 trillion parameter models such as Zhiyu GLM, Alibaba Qwen, and MiniMax M3 Pro.

According to Changxin Technology's announcement, the preliminary offline allocation results and online winning results for the company's initial public offering and listing on the Sci-Tech Innovation Board have been announced. The issuance price is 8.66 yuan per share, with an initial number of shares issued of approximately 6.688 billion shares, and there are a total of 7,702,207 winning numbers. Each winning number can only purchase 500 shares of Changxin Technology A-shares.

According to monitoring by Lookonchain, two newly created wallets sold 72 BTC, worth 4.66 million dollars, and then opened a 20x leveraged long position of 12,000 ETH, worth 22.4 million dollars.

According to Jinshi reports, the United States is preparing to expand its operations against Iran by deploying about 100 refueling aircraft to the Middle East.Israeli defense agencies are preparing for a potential significant escalation in the region.

According to The New York Times, as Robinhood incorporates prediction markets into its app, concerns about the platform potentially exploiting young, inexperienced investors have intensified. Additionally, many still associate Robinhood with the Meme stock craze that swept the market, of which Robinhood was a significant driver.Now, Robinhood hopes that the public sees more than just these labels. The company has become one of the institutions responsible for operating the Trump Accounts program, which gives Robinhood the opportunity to build closer connections with the next generation of investors while further strengthening its ties with Washington.Robinhood CEO Vlad Tenev responded that this move is not intended to encourage speculation but rather to expand financial inclusion and help more American families participate in long-term investing. Currently, Robinhood has adjusted some product designs and is attempting to transition from a "speculative trading platform" to a broader financial services company.

According to a report by Reuters, the French National Gaming Authority (ANJ) has stated that it has requested French internet service providers to block the prediction market platform Polymarket, citing that it promotes illegal betting services, which may lead to significant losses for users, and that some bets may be subject to manipulation risks.Polymarket will remain blocked until it complies with French betting regulations.

According to Jinshi reports, the U.S. military is redeploying forces to the Middle East, with 5 aerial refueling aircraft already heading to Israel, and dozens more reinforcements to follow.

According to Etoday, the South Korean Democratic Party stated that it will restart the special task force on digital assets after completing adjustments to its internal leadership and plans to propose the "Basic Law on Digital Assets" in September, aiming to complete legislation within the year. Democratic Party member Park Min-kyu mentioned that the content of the bill and the submission time will be coordinated by the National Assembly, the presidential office, and relevant departments, with discussions expected to start as early as early September.In addition to clarifying the issuers of stablecoins, it is also necessary to improve the supporting systems for market structure, security, and regulation, and to establish a localized digital asset system that aligns with South Korea's financial regulatory environment. Furthermore, Democratic Party member Min Byeong-deok suggested developing the Korean won stablecoin as a payment and settlement tool to support the overseas development of Korean culture, business, tourism, and manufacturing.

Trump Media (TMTG) announced on Thursday the launch of a paid Truth API, providing institutional clients with the fastest real-time access to the most market-influential accounts on the Truth Social platform (including U.S. President Trump). The target clients are high-frequency and algorithmic trading firms, with plans to open to institutional clients starting August 1.Interim CEO Kevin McGurn stated that the market has already been fluctuating due to Truth Social posts, and this API offers a direct, authorized real-time machine-readable data stream, while advancing the company's strategy to monetize proprietary assets through high-margin recurring revenue streams. Trump's Truth Social posts have previously triggered market fluctuations, with recent examples including his posts regarding the U.S.-Iran conflict.McGurn also mentioned that some companies have attempted to scrape Truth Social data in violation of rules, and we will create significant friction for those who do not obtain data directly from us. Other major accounts on Truth Social include Donald Trump Jr., Eric Trump, and FBI Director Kash Patel.

According to Protos, a gang in the UK disguised as police officers and created a fake police website, convincing cryptocurrency holders over the phone to transfer funds into so-called "safe accounts," stealing $5.4 million worth of cryptocurrency, and were sentenced this week. 23-year-old Hamza Bashir, 25-year-old Kevin Nwamma, and 29-year-old Anthony Ikenwe were sentenced to six years and nine months, eleven years, and eleven years in prison, respectively.The stolen funds were used to purchase luxury items, including a £60,000 car, vacation trips to Thailand and Japan, and products from brands such as Harrods, Hermès, Louis Vuitton, and Rolex. The police also discovered £500,000 in cash in a safe and determined that most of the stolen cryptocurrency had been converted into payment cards. Gang members also falsely reported their annual income, with one declaring only £444. The Metropolitan Police began investigating the gang after receiving reports from victims in January 2025.

Bitcoin rose to nearly $65,000 due to the U.S. inflation data in June being lower than expected, but on-chain data shows that long-term and short-term holders are synchronously selling off.

According to a report by Reuters, the Cyberspace Administration of China announced on Wednesday (July 15) that Apple's edge-generative AI service "Apple Intelligence" has successfully completed filing in China and is approved for use on iPhone devices in the Chinese market. The official announcement has not yet specified a concrete launch date.According to informed sources, Apple's AI service will integrate the AI model capabilities of Baidu and Alibaba. Alibaba subsequently confirmed in a statement that its "Tongyi Qianwen" (Qwen) large model will be integrated into the Apple Intelligence experience for users in China on iOS, iPadOS, macOS, and visionOS. Apple has not yet responded to this.

According to GMGN market information, the market capitalization of the Robinhood Chain ecosystem token INDEX has surpassed 16 million USD, currently reported at 16.02 million USD, doubling in the last hour. The opportunity that drove the short-term surge of this token may be the latest statement from Robinhood CEO Vlad Tenev, who said, "We welcome developers to embed stock tokens or RWA into your applications."Previously, the INDEX project stated that it would use trading fees to purchase on-chain stock tokens and distribute them to INDEX holding addresses.

The governance company of Cardano, Intersect, stated on the X platform that EMURGO is unable to allocate the necessary resources to execute the Token2049 event due to its recent focus on handling the SecondFi security incident. After discussions among three parties, the responsibility for the event has officially been transferred to the Cardano Foundation.EMURGO submitted a transfer request to Intersect, which received agreement from all parties after discussions with the Cardano Foundation. Intersect stated that this decision was based on the urgency of the event timeline and the need to avoid delivery uncertainties. The Cardano Foundation has agreed to deliver the event within the approved scope, and both EMURGO and Intersect recognize its past execution capabilities. The delivery work for Token2049 has now officially been handed over, and the event is still scheduled to take place in October.Previously, in June, it was reported that SecondFi disclosed a security incident affecting approximately 16 million ADA (around 2.42 million USD at the time); however, SlowMist indicated that user losses from SecondFi could exceed 20 million USD.

According to the Financial Times, based on the latest publicly available court documents, the stablecoin issuer Circle had banned the crypto fund Heka Funds, supported by Tether, at the end of 2023 due to suspicions that it was manipulating the market through large-scale arbitrage operations and helping Tether expand its market share. The documents show that during the Silicon Valley Bank (SVB) crisis in 2023, USDC briefly fell below the $1 peg. Heka continuously bought discounted USDC in large quantities and redeemed it for cash from Circle. Circle believed that Heka's redemption scale far exceeded that of other market participants and suspected that the related funds ultimately flowed to Tether to help expand its USDT market size.Arbitration documents also revealed that Tether had invested about $800 million in Heka, accounting for about 75% of the fund's assets, and waived the stablecoin minting fees. The arbitrator found that Heka did not truthfully disclose its supportive relationship with Tether and was aware that the related information would raise concerns for Circle. In 2024, Heka initiated arbitration due to its account being frozen, claiming approximately $49 million in lost profits. In February of this year, the arbitrator dismissed all of Heka's claims, determining that it had engaged in malicious behavior and ordered it to pay Circle about $166,000 in attorney and expert fees. Heka denied any market manipulation and stated that it had never been subject to regulatory investigation; Circle declined to comment, and Tether did not respond to media requests for comment.