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According to the U.S. Securities and Exchange Commission (SEC), H&H International Investment, managed by Duan Yongping, had a total market value of approximately $19.1 billion at the end of the second quarter, a decrease from about $20 billion at the end of the first quarter.H&H continued to increase its holdings in Pinduoduo, Berkshire Hathaway Class B shares, and Disney, while establishing a new position in Alibaba, and significantly reducing its holdings in Nvidia, Google, and Microsoft, completely exiting from TSMC and CrowdStrike.

In the second quarter 13F holdings report for 2026 (reporting period ended June 30, 2026), Bridgewater Associates, founded by Ray Dalio, disclosed a reduction of 1,359,038 shares of Micron Technology, still holding approximately 116,700 shares, with a reduction ratio of about 92%.

Tiger Global Fund made significant adjustments in the second quarter, reducing its holdings in Broadcom by 51.1% to 1.8 million shares, Google A by 45.4% to 5.8 million Class A shares, TSMC by 12.3% to 4.9 million ADS, Microsoft by 9.3% to 2.3 million shares, Meta Platforms by 8.5% to 2.8 million Class A shares, NVIDIA by 6.8% to 11.2 million shares, and JD.com by 41.5% to 201,500 ADS.Increased holdings in Intel to 4.3 million shares, established new positions in AMD with 674,000 shares and SpaceX with 375,000 shares, and completely exited Netflix.

The U.S. Securities and Exchange Commission (SEC) documents show that SoftBank Group has reduced its stake in TSMC by 71.5%, down to 565,000 American Depositary Receipts.

Grayscale Research Director Zach Pandl stated that the two major blockchain networks, Ethereum (ETH) and Solana (SOL), are considering adjusting their token economic models to enhance asset scarcity by reducing future token supply growth through lowering annual inflation rates. As important native assets supporting stablecoins and tokenized asset ecosystems, the prices of ETH and SOL are primarily determined by supply and demand dynamics. If the relevant code upgrade proposals are approved, under unchanged conditions, lower supply growth may provide support for token prices.According to Grayscale's analysis, if the relevant adjustments are implemented, the supply inflation rates of BTC, ETH, and SOL will continue to decline over the next five years. By the end of 2031, the annual inflation rates for Bitcoin and Ethereum are expected to be around 0.4%, and Solana around 1.1%, which is lower than gold's annual supply growth rate of about 1.8% and the U.S. CPI inflation level of about 3.3%. Currently, these token economic adjustments are still in the community discussion phase. Among them, the Solana-related proposal has gained broader support and has a higher likelihood of implementation; the Ethereum proposal still requires further discussion.If the adjustments are implemented, staking users may face reduced token rewards, as part of the staking income comes from the issuance of new tokens. However, due to the decline in the growth rate of circulating supply, the scarcity value of the tokens may increase, potentially providing price support. For ETH and SOL holders who do not participate in staking, they may benefit directly; the final returns for stakers will depend on the balance between the decrease in rewards and the increase in prices. Zach Pandl concluded that ETH and SOL are becoming important digital commodities supporting stablecoins and the tokenization of real assets, and the economic model adjustments aimed at reducing inflation may further strengthen their scarcity attributes.

Netflix announced that the series "The Altruists," inspired by the rise and fall of FTX founder SBF and former Alameda Research CEO Caroline Ellison, will premiere on November 19, and the first stills have been released.The series consists of 8 episodes, with Anthony Boyle portraying SBF and Julia Garner playing Caroline Ellison. In the plot summary, Netflix describes the story of two young idealists attempting to rapidly reshape the global financial system, only to be accused of stealing $8 billion and ultimately falling from the peak of financial power."The Altruists" is created by Graham Moore, inspired by related articles from New York Magazine reporters Kevin T. Dugan and Jen Wieczner. Barack Obama and Michelle Obama also serve as executive producers for the series.

Founder of Formula News, Vida, stated that he has hedged through the BTC/USD1 perpetual contract when Bitcoin was around $63,000, exiting about one-third of his BTC position, while still retaining two-thirds of his spot holdings.He indicated that he remains optimistic about Bitcoin in the long term, but the current BTC narrative has been significantly overshadowed by AI, and he expects that a new core narrative will be difficult to emerge in the next 1 to 2 years. He believes that the next bull market for Bitcoin may need to be driven by issues with U.S. Treasuries or the dollar, or rising concerns about fiat currency devaluation, and that prior to this, global assets may first experience repricing.Based on this judgment, he anticipates the opportunity to buy back the positions he exited in the range of $45,000 to $55,000 over the next 1 to 3 years, while retaining two-thirds of his BTC spot as a long-term base.

On the evening of August 14, the U.S. Securities and Exchange Commission (SEC) announced that the "Regulation Crypto" rule proposal meeting originally scheduled for August 15 was canceled due to "unforeseen scheduling issues," and a new meeting date has not yet been announced. This rule is seen as the SEC's first significant rule-making attempt in the digital asset space, expected to provide a limited exemption framework for crypto securities issuance, allowing issuers to advance projects without triggering full registration requirements, and potentially allowing for a gradual exit from SEC oversight in later stages.SEC Chairman Paul Atkins had previously identified this rule-making as one of the core components of the digital asset regulatory agenda. The industry had also anticipated that the SEC would simultaneously advance the "tokenized securities innovation exemption," but this matter is also facing delays. Meanwhile, the legislative process for the Senate's "Digital Asset Market Clarity Act" remains unresolved, with negotiations between both parties and the White House yet to reach a consensus on crossing the 60-vote threshold. The two regulatory paths for the crypto industry, administrative rule-making and legislative advancement, are currently at a standstill.

According to Bloomberg, amid the recent downturn in digital asset prices, cryptocurrency asset management company Bitwise Asset Management Inc. has cut approximately 14% of its staff.It is reported that the San Francisco-based Bitwise confirmed in an email statement sent to Bloomberg that its workforce has been reduced from about 180 people to around 155.CEO Hunter Horsley stated that even after the layoffs, Bitwise's workforce remains the largest in its eight-year history.

According to The Elec, Samsung Electro-Mechanics' investment schedule for semiconductor glass substrates has been delayed due to bottlenecks in the reliability assessment of customer prototypes. As a result, the construction schedule for the production line of GlaSSEM, the glass core joint venture between Samsung Electro-Mechanics and Dongyu Fine Chem, has also been postponed, and the timeline for ordering related equipment has become uncertain.The report states that GlaSSEM has failed to communicate the equipment order schedule to its partner manufacturers. Previous orders have been postponed from December last year to March and June this year, and this has happened more than three times. After June, no further schedule guidance has been provided. Industry insiders believe that the main reason is that global communication semiconductor customers have not passed the reliability assessment certification for glass substrate prototypes. Samsung Electro-Mechanics is still producing prototypes at its Sejong plant, and most of the suppliers for key processes required for building the mass production line, such as deposition, etching, laser drilling, and inspection, have already been selected.Since the prototypes need to be remade and resubmitted, the originally planned investment schedule will inevitably be further delayed. Samsung Electro-Mechanics had set a target for mass production in the second half of 2027 when establishing GlaSSEM earlier last month, but during last month's financial report meeting, this timeline was adjusted to 2028, and now the mass production time is expected to be further postponed.

Empery Digital sold 1,635 bitcoins from July 1 to August 6, cashing out $102.2 million, reducing its holdings to 1,279 bitcoins. Among them, 954 bitcoins have been pledged to secure $35 million in debt, leaving only 325 bitcoins unrestricted, a significant decrease from 1,375 bitcoins on June 30.In the first half of this year, Empery Digital also sold 1,167 bitcoins, raising $80.1 million, and spent $54 million on stock buybacks, repaying $50 million under the buyback financing and another $10 million loan. The company repaid $20 million in debt after June 30, and the lender returned 585 bitcoins, reducing the pledged amount from 1,539 bitcoins to 954 bitcoins.Empery Digital has invested $2.9 million in the independent real estate project EMHU managed by Texstack, and if the acquisition is completed, an additional investment of $62.1 million may be required. The company has also completed a $20 million investment in Cardinal Data Power, acquiring approximately 8% equity; as of June 30, the company held $3.7 million in cash, including restricted cash, with a working capital shortfall of $5.7 million.

Dongfang Gangwan Chairman Dan Bin responded to investors' doubts, stating that Changjiang Dongfang Gangwan No. 2 is still fully invested. Before the deep correction in July, the fund heavily invested in AI industry chain targets, maintaining its positions without significant reductions, and has experienced a considerable pullback following the AI sector.In 2023, Dongfang Gangwan seized the global AI core opportunities represented by Nvidia, but started its layout in the domestic A-share AI industry chain relatively late, fully committing to heavy investments only by 2026.During the significant market drop in July, Dongfang Gangwan did not panic sell or make large reductions, only making very minor structural adjustments.

The contract whale "Set 10 Big Goals First" (@jasonleo) stated that due to BTC's failure to stabilize above $65,000, it has reduced approximately two-thirds of its long positions above the cost price, with its holdings decreasing from about 3,500 BTC to about 1,240 BTC, while retaining some positions for further observation.The screenshot of its positions shows that it currently has a 5x leverage long position of 1,241.644 BTC, with an average opening price of about $63,967.54, a margin of about $15.87 million, an unrealized loss of about $52,000, and a liquidation price of about $29,267.82.

According to the "Science and Technology Innovation Board Daily," based on its pioneering fully modular design architecture, Alibaba Cloud has shortened the delivery time of large AIDC data centers to 100 days, while the traditional delivery cycle in China is 6 to 12 months, and in the United States, it is 12 to 18 months. While shortening the construction period, the overall construction cost has been reduced by more than 10%. Alibaba Cloud plans to double the global capacity of modular data centers this year.This modular design refers to parallel production in various stages, with factory manufacturing pre-adjusted to containers, which are then transported to the site for hoisting and assembly, achieving a "building blocks" style of construction. Alibaba Cloud stated that this model will effectively support the rapid expansion demand for AI computing infrastructure.

According to BBX data, global enterprises announced core indicators regarding liquidity management of crypto assets, mining output, and treasury earnings last weekend:MARA achieved a $600 million Bitcoin collateral loan: Mining giant MARA Holdings (NASDAQ: MARA) disclosed in its quarterly report submitted to the U.S. Securities and Exchange Commission (SEC) that on August 4, 2026, the company signed two term loan agreements collateralized by Bitcoin with Coinbase Credit, Inc. and Two Prime Lending Limited. The agreements provide approximately $600 million in new borrowings (with a total credit facility principal of $750 million, including refinancing of the existing $150 million Coinbase credit line).BitFuFu produced 112 BTC in July, with a decrease in holdings due to power costs: Nasdaq-listed Bitcoin mining machine and mining service provider BitFuFu Inc. (NASDAQ: FUFU) announced its unaudited operational metrics for July. The company's Bitcoin production in July was 112 BTC (40 BTC from cloud mining and 72 BTC from self-mining), with an average daily output of 3.6 BTC, showing a decline compared to the previous month. Additionally, its Bitcoin holdings decreased from 1,671 BTC in June to 1,314 BTC. The company explained that the reduction was mainly used to prepay for new power costs starting in August 2026, lasting 330 days.Remixpoint disclosed performance in crypto treasury earnings, earning over 12 BTC from lending: Japanese Bitcoin treasury company Remixpoint released an announcement on its crypto operational performance. As of July 31, 2026, the company's Bitcoin lending principal was approximately 1,501.27 BTC, and it accumulated about 12.44 BTC (approximately 133 million yen) in lending fees from February to July. At the same time, it staked approximately 901.45 ETH and 13,920 SOL, with related staking rewards totaling about 28.89 million yen.Chainlink repurchased nearly 140,000 LINK to replenish reserves: On-chain tracking shows that Chainlink recently repurchased 139,956.08 LINK (worth approximately $1.13 million) and transferred the tokens to its official reserve wallet. It is reported that these tokens were accumulated through multiple exchanges via CoWSwap and consolidated for sending to the reserve.

ECX developer Paul Sztorc announced that the ECX hard fork will be launched in three phases, rather than the originally scheduled single release on August 23. ECX is a new blockchain that replicates the complete transaction history of Bitcoin at a specified block height. Almost all Bitcoin holders, except for Satoshi Nakamoto's portion of Bitcoin, will receive an equivalent amount of ECX, and the Bitcoin network itself will not change.The first Alpha version will be activated on August 23 at block height 963648, the Beta version will go live on September 20 at block height 967680, and the permanent complete version is scheduled for release on October 31 at block height 973728. Tokens collected during the Alpha and Beta phases can be destroyed and exchanged for official ECX once the permanent chain is launched. The replay protection for ECX remains an optional mechanism; the official wallet will enable this protection and remind users before executing transactions. Paul Sztorc stated that if users ignore the reminder, ECX will replay their Bitcoin transactions, causing the related Bitcoins to follow the user out and transfer to new holders; October 31 also marks the 18th anniversary of Satoshi Nakamoto's publication of the Bitcoin white paper.

U.S. Senate Majority Leader John Thune has moved to terminate the debate procedure on advancing the Clarity for Digital Assets Markets Act (CLARITY Act) into Senate consideration, with the Senate scheduled to hold a procedural vote on September 15. The vote is expected to take place at 2:15 PM Eastern Time after the Senate reconvenes that day.The motion requires 60 votes in support, meaning Republican senators will need Democratic support to pass the procedural threshold. The two parties are currently negotiating on issues such as ethical standards and stablecoin reward rules, with related disagreements causing the bill to fail to reach consensus before the August recess.This vote only concerns whether to initiate the bill's consideration process and does not represent a final vote on the bill or guarantee its passage in the Senate. The CLARITY Act aims to establish a federal market structure for digital assets and clarify the conditions under which certain crypto assets are subject to securities or commodities laws, as well as the regulatory responsibilities of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission.

Robinhood announced on the X platform that it has lowered the gas fee subsidy threshold for Robinhood Wallet on the Robinhood Chain from $5 to $0.50, a reduction of 90%.Robinhood stated that after the adjustment, more users will be able to enjoy gas fee subsidies when conducting swap transactions, and this subsidy policy will last until September 29.Previously, Robinhood Wallet had already covered part of the on-chain transaction fees for users through the gas sponsorship mechanism. This reduction in the subsidy threshold aims to further lower the entry costs for users into the Robinhood Chain ecosystem and enhance the activity of on-chain transactions.

According to CoinDesk, U.S. Senate Majority Leader John Thune officially submitted a procedural motion for the Clarity Act after an all-night voting session on Saturday morning, initiating the first procedural voting process for the bill in the Senate. This move makes it possible for the Clarity Act to enter procedural voting immediately after the September recess, but the bill has already missed the voting window before the August recess, and passing in September still faces challenges.The Clarity Act requires at least 60 votes in support, and currently needs the backing of at least 10 Democratic senators, but there are still disagreements over the ethical clause that prohibits senior government officials (including President Trump) from participating in cryptocurrency projects. Bipartisan senators have submitted a revised proposal to the White House, but it has been on hold for at least a week without a response. Additionally, controversies surrounding illegal financial protections and stablecoin earnings remain unresolved. If the procedural vote fails in September, the chances of the Clarity Act passing this year will be extremely slim, and the new Congress in 2027 will need to reintroduce the legislation.