solid

"1011 Insider Whale" agent Garrett Jin stated that the long-term consolidation period has just begun, and in order to rise, we need more Bitcoin to trade within the current price range.

Cryptocurrency trader Garrett (@garrettbullish) stated that if the market further consolidates at the beginning of the week while Bitcoin's dominance continues to rise, he will be more bullish. He reminded investors to remain restrained, not to rush into increasing their positions or excessively use leverage, and to avoid operating as they did during their first cycle.Garrett mentioned that this is his fifth market cycle, and he knows how to navigate the current situation.

Jiang Zhuoer released a historical cycle comparison chart of Bitcoin on platform X, stating that if the low point of this cycle is around $57,800, based on historical cycle trends, the current market adjustment in terms of magnitude and duration is already quite close to the previous three cycles, and a large number of investors may currently be in a "missed out" state.Jiang Zhuoer mentioned that as the market continues to consolidate and fluctuate, the anxiety of investors missing out on the market (FOMO) may gradually intensify. Once capital flows back in, the space for further market decline may be limited. He believes that the subsequent trend may reference the "golden pit" in the market at the end of 2021, at which point a brief buying opportunity during a pullback may arise.

Analyst Alex Thorn from Galaxy Research stated on the X platform that within the price range of $62,000 to $65,000, Bitcoin's trading volume exceeds that of any other price range (excluding $0 to $1,200). As Bitcoin's price rises, this area currently constitutes a solid cost support.

The Solana ecosystem identity and user incentive project Solana ID announced that it will gradually shut down its operations. Solana ID Hub, API services, and Solana Display Network will cease operations by the end of September 2026, and no new collaborations are being accepted at this time. User data will be deleted by the end of this year, and related mailing lists will also be cleared, unless users actively choose to join new mailing lists unrelated to Solana ID.The team stated that the project had launched the SOLID Priority Pass, completed token sales for SwissBorg and BorgPad, and launched the Hub to attract over 17,000 users, while continuously conducting collaborative activities and SOLID Talks. However, difficulties in cold-starting the bilateral market, long supply cycles for rights, and challenges in attracting top application traffic to the display network, combined with reduced marketing budgets in the bear market and limited financing options, ultimately led to the decision to cease operations.All SOLID held in the company's treasury has been destroyed, accounting for approximately 73.78% of the total token supply. The tokens remain on-chain, and the liquidity pool is in a locked state. The team expressed an open attitude towards selling the brand and technology, and stated that members will continue to deepen their involvement in the Solana ecosystem.

According to GoPlus monitoring, the VSCode extension Solidity Pro has been poisoned, and historical versions have malicious capabilities such as data theft and remote execution.It is recommended that developers immediately check the relevant extensions they have installed and increase their vigilance towards third-party plugins.

According to Cointelegraph, Metaplanet CEO Simon Gerovich stated that the company transferred 5,014 bitcoins between custody addresses, which is a routine operation.He emphasized that no bitcoins were sold, and the company's holdings remain at 43,000 bitcoins.

The price of Bitcoin fluctuates around $65,000. The U.S. July services PMI data shows weakening employment and rising inflationary pressures, sparking discussions in the market about the risk of stagflation.

According to Jinshi, the American AI cloud computing company COREWEAVE has signed an agreement with Solidigm to enhance its integrated artificial intelligence platform.

Citrini analyst jukan posted on platform X, stating that South Korean media reported that SK hynix subsidiary Solidigm is seeking pre-IPO financing, possibly preparing for a NASDAQ listing.The report stated that the company's target valuation in this round of financing is 50 trillion won. Solidigm is the U.S. subsidiary established by SK hynix in 2021 to take over Intel's NAND flash and SSD business, which SK hynix agreed to acquire for about 10 trillion won in 2020.

According to on-chain analyst PeckShield (@PeckShieldAlert), the Solido Money protocol suffered a vulnerability attack, resulting in approximately 293.7 million SUPRA being stolen, of which about 220 million SUPRA has been transferred to a deposit address suspected to belong to Gate exchange.According to the official report from Solido Money, about 90% of the compromised funds belong to the foundation's holdings.

According to the security agency Slow Fog, the malicious TRAE IDE extension juannegro.solidity disguises itself as a Solidity plugin and acts as a cross-platform malware delivery mechanism. This extension automatically executes and establishes persistence after the IDE starts, and it also uses Ethereum smart contracts to store and retrieve dynamic C2 configurations, allowing attackers to update C2 endpoints and payloads without needing to re-release the extension.Although the extension has been removed from Open VSX, it was still available through the TRAE marketplace as of July 18. Users who have installed it should immediately delete it and check their systems for compromise.

David Hoffman, co-founder of Bankless, stated that Bitcoin's current trend faces two possible paths: sideways consolidation or a final round of panic selling.He believes that Bitcoin is more likely to enter a sideways consolidation phase, with the bottom having basically appeared.

According to Onchain Lens monitoring, a certain whale has concentrated approximately 5.85 million dollars worth of HYPE and LIT assets into the same wallet, and the funds may have been accumulated through Galaxy Digital.The transferred assets include 78,100 HYPE (worth about 5.25 million dollars) and 263,700 LIT (worth about 601,000 dollars).

According to Jinshi News, battery technology company Solidion Technology rose 26.5% in pre-market trading after the company announced it would purchase shares of SpaceX (SPCX.O) as a strategic reserve asset.

According to a report by 21 Finance, Huang Zhenxin, the head of Kimi B-end at Moonshot AI, stated in a recent communication meeting that there is indeed a bubble in the current AI industry, but the fundamentals are very solid. Enterprises can now clearly calculate the return on investment (ROI), and the substantial transformation in productivity brought by AI has already occurred.Regarding the recent phenomenon of widespread price increases among model vendors, Huang Zhenxin pointed out that the core reason lies in the rising global computing power costs, and chip production capacity cannot meet the explosive growth in Token demand. He emphasized that evaluating the cost-performance ratio of models should not only look at the unit price of input and output but should also focus on the Cache hit rate. It is reported that Kimi's original factory Cache hit rate has reached over 90%, significantly reducing actual computing costs.In addition, Huang Zhenxin revealed that Kimi will continue to challenge innovations in underlying architecture to sustain the Scaling Law, and its Muon optimizer, which has been validated on a large scale, is now widely adopted by several mainstream large models in the industry. Regarding the "last mile" of enterprise AI implementation, he believes that as the foundational capabilities of models continue to strengthen, the technical paradigms at the application layer will also continue to simplify.

According to Jinshi reports, UBS analysts stated in a research report that the long-term contracts signed by Micron Technology with its customers are solid enough to withstand any market downturns for at least the next few years. Investors may be concerned that these contracts could be shaken if the market slows down, but the minimum price set in the contracts is low enough that it will not be until 2029 at the earliest, and more likely 2030, that there will be enough supply coming online to break the price floor and prompt customers to consider defaulting.UBS analysts indicated that Micron Technology has also received prepaid cash from customers, which could ultimately amount to nearly $40 billion to $50 billion, and if the situation worsens, this could serve as a solid buffer against defaults.

According to The Block, Ben Werkman, Chief Investment Officer of the Bitcoin treasury company Strive, stated at the BTC Prague event that if Bitcoin prices continue to remain low, treasury companies relying on convertible bond financing will face greater pressure, being forced to sell Bitcoin to maintain operations or repay debts, making industry consolidation inevitable. Currently, Bitcoin has dropped about 50% from its historical high of approximately $126,000 last October.Werkman pointed out that Strive previously chose to rely solely on equity financing and not issue convertible bonds, allowing it to continue operations during the bear market, citing the acquisition of Semler Scientific as a case of industry consolidation. He also mentioned that companies like Nakamoto are actively deleveraging to regain operational flexibility.

According to Lookonchain tracking, a wallet marked by Arkham Intelligence as "Joseph Lubin?" deposited 110,000 ETH into three Sky Finance (formerly MakerDAO) vaults on Friday, completed in four transactions (40,000, 40,000, 30,000, and 1 ETH).The wallet had been inactive for over three years. At the time of the transfer, the ETH price was approximately $1,575, having dropped about 10% within 24 hours. This deposit aims to replenish collateral for $259.05 million in outstanding DAI debt. After the deposit, the total amount of WETH collateral in the three vaults is approximately 412,430 ETH, valued at about $677 million at current prices, with the liquidation prices for the three vaults being $899, $1,020, and $1,056, providing about a 55% safety margin from the nearest liquidation line.Lubin and ConsenSys have not publicly confirmed or denied ownership of the address. Previously, Lookonchain mistakenly attributed an LDO sell-off to Lido co-founder Cobie three days ago, later retracting and confirming that the wallet belongs to Wintermute, indicating a potential misjudgment in the on-chain labeling.