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According to CoinDesk, Swiss banking giant UBS significantly increased its exposure to BlackRock's iShares Bitcoin Trust (IBIT) in the second quarter, with its nominal position in IBIT call options rising from 80,000 shares to approximately 1.95 million shares, an increase of over 24 times; during the same period, its directly held IBIT shares increased from 364,371 shares to 407,890 shares, an increase of about 12%.In contrast, UBS's nominal exposure to IBIT put options decreased from 303,300 shares to 143,300 shares, a decrease of about 53%. Regulatory filings did not disclose the options' strike prices and expiration dates, nor did they specify whether the changes were driven by client trading demand, market-making hedges, active management, or proprietary trading.

According to GMGN monitoring, a certain trader spent $120.16 to buy the BNB Chain on-chain meme coin "Niu Lai" two days ago, and has now sold it for $25,900, still holding "Niu Lai" worth $146,600, with a total profit exceeding 688 times.

According to GlobeNewswire, the cryptocurrency asset trading platform Bullish announced its financial performance for the second quarter of 2026. The company stated that as the global securities market gradually migrates to public chains, Bullish is planning to build a complete issuer-supported tokenized securities service system around issuance, listing, trading, and tracking.Bullish CEO Tom Farley stated that the global securities market, which is nearly $300 trillion in scale, is turning to public blockchains, and Bullish hopes to collaborate with issuers to drive this process. Once the proposed acquisition of Equiniti is completed, the company will form an integrated platform covering securities token issuance, listing, trading, and tracking.Financial data shows that Bullish's digital asset sales in the second quarter amounted to $32.6 billion, down from $58.6 billion in the same period last year; the net loss was $280 million, compared to a net profit of $108.3 million in the same period last year, corresponding to a diluted loss per share of $1.78.However, the company's core business performance has improved. Adjusted revenue (non-IFRS) for the second quarter reached $92.6 million, a year-on-year increase of 62%, higher than $57 million in the same period last year; among them, subscription, service, and other revenues reached a record $62.7 million. Adjusted trading revenue was $29.9 million, a year-on-year increase of 24%; adjusted EBITDA was $29.5 million, compared to $8.1 million in the same period last year; adjusted net profit was $14.3 million, compared to a loss of $6 million in the same period last year.In terms of business progress, Bullish stated that the acquisition of the UK fintech company Equiniti is progressing and is expected to be completed in early 2027, still subject to regulatory approvals and other customary conditions. In addition, Bullish's CoinDesk Index continues to gain institutional adoption. Morgan Stanley launched Bitcoin, Ethereum, and Solana-related trading products based on the CoinDesk benchmark index, attracting over $400 million in inflows in the second quarter.In terms of regulation, Bullish has obtained approval from the Gibraltar Financial Services Commission (GFSC) to provide secondary trading services for tokenized securities, becoming one of the first regulated platforms to offer issuer-supported tokenized securities trading.The company has also raised and refined its full-year guidance for 2026, expecting subscription, service, and other revenues (non-IFRS) to be between $225 million and $245 million, adjusted operating expenses to be between $225 million and $230 million, and financing costs to be expected between $52 million and $60 million.

With the easing of the situation in the Middle East, weakening oil prices, and strong corporate earnings, the U.S. stock market continues to strengthen. The S&P 500 index rose 5.8% in the first four trading days before August 4, and the options market simultaneously released the strongest bullish signals in recent years.Data shows that the average daily ratio of bullish to bearish options for the S&P 500 index has risen to 0.9, the highest level in at least four years; the skew indicator for short-term bullish options has also reached a two-year high, indicating that investors are paying higher premiums betting on a rapid market rise.Analysts believe that the current "fear of missing out" sentiment is heating up, with some institutional investors more worried about missing out on the upward trend rather than the risk of a downturn. However, there are also views that the extreme optimism in the options market may amplify short-term volatility, and caution is needed regarding the risk misjudgment driven by technical factors.

CryptoQuant founder Ki Young Ju stated that hedge funds on the CME have turned into net long positions in BTC futures, which is a rare situation.He pointed out that basis trading usually causes hedge funds to structurally hold short positions, which is also the reason why related data has remained negative for years, and basis trading cannot be conducted in a net long position. This shift of hedge funds to net long positions in BTC futures indicates that institutional investors are optimistic about further increases in BTC prices.

The founder of the Liebit Mining Pool (B.TOP), Jiang Zhuoer, stated that stablecoins in the crypto market are still continuously flowing out. In the past month, the total market value of stablecoins has decreased, with USDT dropping from $184.2 billion to $183.1 billion, and USDC falling from $73.28 billion to $72.15 billion, a total reduction of $2.23 billion.Currently, this funding situation shows no signs of a bull market starting. Bitcoin may rebound to the range of $68,000 to $70,000 at most, followed by a final drop after squeezing out the shorts.

Cryptocurrency analyst Ai posted on the X platform that multiple technical indicators at the monthly level for Bitcoin are releasing bullish signals, suggesting that the current market may have formed a macro bottom. Data shows that the TD Sequential indicator triggered a buy signal on the Bitcoin monthly chart last month. This indicator previously successfully identified the bottom of the bear market in 2022 and is now showing a similar signal again. Additionally, Bitcoin's current price is close to the 50-month simple moving average (SMA). Historical data indicates that since 2014, this long-term moving average has repeatedly become an important support area for Bitcoin and corresponds with multiple market bottoms.Meanwhile, the Chande Momentum Oscillator (CMO) has fallen back to around -71. The last time this indicator reached a similar level was in June of this year, when Bitcoin's price briefly dropped to $57,000. Historically, extreme low levels of CMO often coincide with market bottom areas. Analysts believe that Bitcoin may still oscillate in the range of $60,000 to $67,000 in the short term, but the TD Sequential buy signal, 50-month moving average support, and CMO oversold condition together indicate that a long-term cycle bottom may have formed. The market will focus on whether subsequent prices can break through the oscillation range to confirm a new upward trend.

Bank of America strategists indicate that investor bullish sentiment has reached extreme levels, suggesting a reduction in exposure to risk assets. The Bull-Bear Index rose from 9.4 to 9.7, marking the highest level since 2021. The rise in the stock market, inflows into high-yield bond funds, and narrowing credit spreads are the reasons for the optimistic sentiment.Hartnett stated that we are still in the summer "withdrawal/rotation" phase, advising investors to reduce allocations to risk assets and shift towards defensive assets and the dollar.

Well-known crypto KOL Ansem posted that signs of a bottom forming are appearing in the crypto market. Firstly, prices are beginning to show resilience against negative news; for example, when Saylor sold millions of dollars in the range of $58,000 to $60,000, BTC continued to form higher lows. Secondly, crypto-native mobile applications are starting to see actual user growth, with Pump.fun's weekly revenue increasing by 20% and Fomo surpassing 100,000 users within a week; institutional interest is also rebounding, including progress from Robinhood Chain and billionaire Paul Tudor Jones publicly bullish on BTC. Additionally, the popularity of crypto-related content on social media is rising again.Ansem stated that if on-chain tokens continue to create higher highs after the initial volume peaks, the number of holders of popular tokens continues to grow, mainstream media refocuses its reporting, developers experiment with new on-chain mechanisms, and successful protocols provide incentives through airdrops, it may further confirm that a new bull market has begun.

Arthur Hayes published a new article titled "Situationship," suggesting that the AI bubble may eventually burst, but its subsequent impact could drive global liquidity expansion and become a catalyst for the next Bitcoin bull market. Hayes believes that the key to determining whether AI is a bubble lies in how investors define AI infrastructure construction. He points out that the market generally views the trillions of dollars in AI capital expenditure as "technology investment" and assigns high growth valuations, but its essence is closer to "real estate investment."He states that the current AI infrastructure construction is actually about building data centers, power facilities, and other underlying assets that support computing power, rather than directly investing in technology companies like Apple. "Financial institutions, private credit funds, and governments may mistakenly believe that investing in AI data centers is equivalent to investing in tech giants, while in reality, it is more akin to investing in highly leveraged infrastructure projects." Hayes believes that the core reason for the AI bubble's burst is not that corporate profits cannot be realized, but rather excessive credit expansion. He indicates that, supported by the U.S. and Chinese governments, financial intermediaries may overbuild data centers, power facilities, and related supply chains, ultimately creating credit cycle risks similar to those of the 2008 financial crisis, rather than a profit valuation crisis like that of the 2000 internet bubble.However, Hayes believes that the long-term value of AI remains immense. He points out that the computing resources operating within data centers will drive the development of "silicon-based life," having a profound impact on human civilization similar to that of the railroad era. Regarding market impact, Hayes expects that after the AI bubble bursts, governments and central banks may adopt more aggressive monetary easing measures, repairing the financial system through "massive money printing," pushing risk assets back into an upward cycle, and ultimately benefiting Bitcoin. Hayes states that the core variable of the current AI cycle is whether the capital market has mispriced AI infrastructure, and this judgment will determine the future direction of the market.

According to Glassnode data, around $63,000 is becoming an important support and battle zone for Bitcoin (BTC) in the current market. Bitcoin has been oscillating between $60,000 and $67,000 in recent weeks, with over 3% of the circulating supply of BTC, approximately 515,000 BTC, having a cost basis concentrated around $63,000; additionally, over 362,000 BTC is concentrated in the $61,000 region.Glassnode points out that currently, only the supply density in the $78,000 to $82,000 range is higher than this area, which corresponds to Bitcoin's peak in May. Furthermore, the current price of Bitcoin nearly coincides with the 200-week moving average. Glassnode data shows that the 200-week moving average is currently around $63,657, while the BTC price is about $63,822, indicating a significant historical accumulation and strong cost support in this area.From the 30-day Accumulation Trend Score, all types of investors are currently in a net accumulation state, with retail buying pressure being the most evident; at the same time, whale addresses holding over 1,000 BTC are also continuously increasing their positions, indicating that long-term capital is still being deployed. The $63,000 area has become a key price zone in Bitcoin's short-term market structure, and investor accumulation behavior may provide important references for subsequent trends.

According to Jinshi reports, Webull has launched ChatGPT, Claude, and Grok connectors, as well as a command line interface and enhanced MCP to expand its AI-driven investment tools.

OneBullEx announces the launch of the TradFi perpetual contract position incentive activity, which will take place from August 4th, 18:00 to August 19th, 18:00 (UTC+8), with a total prize pool of 40,000 USDT in contract experience funds.The activity covers TradFi USDT-based perpetual contracts for technology stocks, indices, and gold. After completing registration, users can receive rewards based on their average daily position value, with the applicable reward ratio unlocked collectively by the total average position size of all registered users, with a maximum annualized reward rate of 21%.Of this, 35,000 USDT is allocated for position rewards; an additional 5,000 USDT is for the first order gift for new users. New users who have never completed contract trading on OneBullEx before registration are eligible. The maximum annualized reward rate is calculated based on the maximum 50x leverage supported by the specified contract and the actual margin used, and does not constitute fixed income or income commitment.

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.

According to on-chain analyst Ai Yi (@ai_9684xtpa), with the strong rebound in the storage sector, the whale that previously bet $31 million bullishly after the Hynix earnings report has reversed from an unrealized loss of $3.13 million to an unrealized gain of $2.01 million, with an entry price of $981.59, during which SKHX fell to a low of $897.43.

Dan Bin stated on social media, "You must dare to buy during a big drop; I just spent all my remaining bullets."Previously, he posted, "The 2x long SK Hynix ETF is currently down 25.72%. Leveraged tools can amplify gains, but they also multiply risks. When the tide (TDW) goes out, the brutal fluctuations of the market become clearer. Therefore, it is evident that these types of leveraged products require extra caution."Dan Bin believes that SK Hynix has also become one of the companies that symbolize this round of the AI market. Given the current adjustment pace, the short-term direction will likely become clear very soon. Of course, when looking at a longer time frame, only companies with continuously optimized supply and demand patterns and steadily improving profitability have the chance to navigate through cycles.

OneBullEx officially launched the OneBullEx Mastercard in July, further expanding the application of digital assets in everyday payment scenarios. Users can convert USD T in their accounts to USD balance on the card and make online and offline purchases in over 100 countries and regions that support Mastercard, while also supporting quick card issuance in minutes.With the product launch, OneBullEx simultaneously introduced a limited-time benefit event. From July 27 at 18:00 to August 23 at 18:00, users who recharge more than 100 USDT (excluding card issuance fees) within 7 days after opening the card and complete their first valid transaction can participate in the launch event.By launching the OneBullEx Mastercard, OneBullEx is further connecting AI smart trading, digital asset management, and global payment scenarios, promoting the extension of digital assets from trading tools to everyday financial applications, providing users with a more convenient and efficient digital asset usage experience.