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Founder of Strategy, Michael Saylor, stated that Bitcoin integrates computers, digital networks, and cryptography to create the first currency network in human history designed in a digital manner. It completely dematerializes monetary assets, with supply controlled by public protocols rather than decisions, transforming economic value into information that can be securely transmitted across global communication networks.Compared to gold, Bitcoin is harder to inflate, easier to integrate with software, faster in transmission, and every participant has the incentive to maintain network security. The proof-of-work mechanism anchors it in the physical world, making the cost of tampering with history high by consuming real energy for ledger security, attracting miners, energy providers, and investors to collaboratively build a defense system. Bitcoin is digital gold, but understanding it as digital currency is more fitting.The Bitcoin network is not static software; it is an adaptive system composed of miners, nodes, developers, capital, and users. Bitcoin deliberately maintains functional simplicity, focusing solely on maintaining a secure and reliable ledger of scarce digital assets, leaving complexity to higher-level applications.This layered design of underlying integrity and upper-level functionality allows it to serve as a foundation for transmitting monetary energy across time and space while supporting continuous innovation in payments, credit, and financial services.The more profound impact is that Bitcoin creates a new form of digital sovereignty: private keys empower individuals to control economic energy without permission, with ownership verified by mathematics rather than institutions. Companies, banks, trusts, and applications can build a complete economic system around it, and social networks can introduce real costs and responsibilities into the digital space.Gold monetized physical scarcity, while Bitcoin monetizes digital scarcity. It is not merely a payment tool but an engineering solution to humanity's problems of energy preservation and guidance—currency is energy, and Bitcoin is the currency energy of the digital age.

Iran and Oman have reached an agreement on the shipping route through the Strait of Hormuz, and both sides are gradually reaching an agreement on the management of this waterway.The spokesperson for the Iranian Foreign Ministry stated that the finalized "shipping map" is part of a broader agreement that will ensure the safe passage of vessels.

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%.

Broadcom fell nearly 7% during Friday's trading, as the market expressed concerns about the financing model behind its AI infrastructure expansion. Bank of America analysts estimate that the financing platform built by Broadcom for AI chip customers could accumulate up to $370 billion in preferred debt by mid-2029. Broadcom has provided guarantees for lease payments for some customers, with the first transaction guarantee amounting to approximately $29 billion.

Duan Yongping responded on Xueqiu regarding the recent changes in his holdings of Pop Mart, stating that he has "never directly sold a single share of Pop Mart." The changes in his holdings mainly come from options trading and expiration exercises, and do not indicate a long-term bearish view on Pop Mart.Duan Yongping mentioned that when the position of selling puts approaches the limit, he will adopt the strategy of "buying stocks + selling calls." After expiration, if the stocks are called away, it is essentially a similar trading strategy to selling puts that are exercised at expiration. Currently, the options premium for Pop Mart is about 5% per month, and this strategy may continue to be used for a longer period in the future.Regarding the valuation of Pop Mart, Duan Yongping stated, "Currently, I believe the price of Pop Mart is not expensive in the long term, but I don't know about the short term." He emphasized that there is no specific time or price set for selling Pop Mart, and it may be a long time before that happens.

Market pricing shows that the probability of the Federal Reserve maintaining the interest rate in the range of 3.5%-3.75% in September is about 65%, up from about 60% before the release of the PPI report.

The AI content detection platform Pangram has released a trend analysis of market share changes for AI model providers over the past two years based on its text detection model's classification analysis of user-submitted content. The data shows that OpenAI's model market share has never fallen below 50%, maintaining its leading position; Anthropic's share has increased from 4.3% in 2024 to 14.9% in July 2026, reflecting the growing attention on Claude in the technology and science fields; Google's model market share has sharply dropped from an early 12% to 1.9%, marking the most significant decline.When compared with similar data from OpenRouter, the trend of Google's declining share is confirmed by both data sources. By subject area, OpenAI's model is more commonly used in daily life and the humanities, while Anthropic and Google's models have a higher share in programming technology and scientific fields, but the overall differences are not significant. Pangram notes that both data sources have their biases, but the consistency in trends indicates that Google is significantly losing market share in the consumer end of AI language models.

According to an exclusive report from "Du Jia," Xiaohongshu is developing a brand new "AI Shopping Guide" feature, which relies on a conversational interaction model to directly push product cards and attach order jump links in Q&A scenarios. This project is led by Daoxuan (Pan Boyuan). As of the time of publication, Xiaohongshu has not responded.Previously, Xiaohongshu launched an AI summary feature in store reputation, and this AI shopping guide is a further extension of its intelligent transaction chain. According to public data, Xiaohongshu has approximately 400 million global MAU, with 39 million users engaging in explicit purchasing behavior daily, resulting in 140 million active purchase requests, over 47 million users entering merchant live streams, and more than 170,000 merchant group chats remaining active. During the 618 period, the GMV of store broadcasts increased by 265% year-on-year, and note content drove transaction growth of over 210%.Xiaohongshu currently adopts a dual transaction model of "internal marketplace closed loop plus external traffic diversion," and there is still room for improvement in the direct order conversion rate within the platform. The launch of the AI shopping guide feature is expected to further enhance its internal e-commerce GMV and revenue.

According to The Information, Nvidia is developing a new open-source AI model called Nemotron 4.Several Nvidia employees involved in the development of the NEMOTRON project stated that they expect the largest NEMOTRON 4 model to have at least 1 trillion parameters.

In less than two weeks since its listing, Zhongji Xuchuang H shares have become the most net purchased Hong Kong stock by South Korean investors in nearly a month. Data from SEIBro under the Korea Securities Depository (KSD) shows that South Korean investors' buying settlement amount for Zhongji Xuchuang H shares was $45.067 million, while the selling settlement amount was $1.6729 million, resulting in a net buying settlement amount of $43.3942 million, equivalent to about 340 million Hong Kong dollars, ranking first among South Korean investors' net purchases of Hong Kong stocks during the same period.Zhongji Xuchuang H shares were listed for trading on July 30, and in just 7 trading days, its net buying settlement amount was nearly 4 times that of the second place on the list.

According to Digital Asset, NYSE President Lynn Martin stated that they are developing an on-chain payment platform for tokenized securities and have participated in the tokenization pilot project of the Depository Trust & Clearing Corporation (DTC) in July.

According to Binance spot data, the market has experienced significant volatility. ADA has dropped 5.11% in 24 hours, and COTI has dropped 19.94%, showing a "rise and fall" state.At the same time, MOVR, PIVX, AI, LUMIA, COOKIE, SXT, ROBO, and ZAMA have also shown a "rise and fall" state, with declines of 7.54%, 6.37%, 7.89%, 8.83%, 18.86%, 5.57%, 9.73%, and 8.16%, respectively.

According to official news from the decentralized stablecoin USDD, the DeFi protocol Pendle has integrated PT-s USDD into its PT Looping module. Users can complete looping loan operations with one click through the Pendle interface, without the need for cross-platform operations. Currently, the looping loan APY for PT-s USDD in the Morpho/USDT market can reach up to 20.87%.It is introduced that the PT Looping module is based on the PT-s USDD/USDT and PT-s USDD/USDC markets on Morpho. This integration aims to significantly enhance the capital efficiency for USDD holders and, combined with the fixed income of PT-s USDD and borrowing space, forms a robust yield portfolio. The official reminds users that they can participate according to their own risk preferences.

Uniswap founder Hayden posted on the X platform stating that the technical design of automatic compounding liquidity is his personal contribution to pools.trade. The way it works is: liquidity positions are deposited into a smart contract, with the rule that anyone can withdraw all unclaimed fees from that position, provided they increase the size of that liquidity position by 0.2%. Therefore, the fees will grow over time, and when the value of the fees exceeds 0.2% of the liquidity, seekers will naturally be incentivized to add 0.2% liquidity to the pool and claim the fees. This mechanism is based on the Uniswap token jar and can also be used for automatic compounding of regular Uniswap LP positions, so this feature will be added to the roadmap.

According to the Iranian Fars News Agency, informed sources revealed that the northern and southern channels of the Strait of Hormuz will be canceled, and all traffic will subsequently be transferred to the Central Corridor, managed by Iran at the entrance and jointly managed by Iran and Oman at the exit.

According to Gate's latest weekly report, the Federal Reserve maintained interest rates, but hawkish expectations have risen. The high interest rate environment combined with the deleveraging effects of derivatives has put overall pressure on the crypto market, with BTC and ETH dropping approximately 2.8% and 3.6%, respectively. Meanwhile, U.S. stocks continued to recover last week. In terms of capital flow, BTC spot ETFs have turned to net outflows, while ETH spot ETFs still maintain a slight net inflow, showing some resilience in institutional capital allocation.On-chain, PancakeSwap's weekly trading volume surpassed Uniswap, and the Robinhood Chain, RWA, and Meme ecosystems remain active. In the derivatives market, BTC open interest (OI) rose and then fell, with funding rates remaining positive, and DVOL continuing to decline, while the market overall still maintains high-level fluctuations.In response to the evolving macro policies, institutional capital flows, and on-chain ecosystems, Gate is continuously building a multi-asset trading system covering digital assets, stocks, indices, foreign exchange, and commodities. Relying on institutional-level trading, liquidity, custody, lending, asset management, and API services, it provides professional investors with a one-stop institutional solution.At the same time, Gate is continuously improving its global institutional ecosystem layout, strengthening trading execution efficiency, cross-market liquidity, and risk management capabilities, helping institutional clients respond more efficiently to market fluctuations and seize global asset allocation and structural trading opportunities.

According to Jinshi reports, traffic in the Mandeb Strait and the Strait of Hormuz significantly decreased on Wednesday compared to the previous day. Data from maritime tracking agency Kpler shows that only two ships passed through the Strait of Hormuz on Wednesday, down from eight the day before. Before the war in Iran began in February, about 130 to 140 ships passed through this waterway daily.In the Mandeb Strait, only one cargo ship passed through on Wednesday, far lower than the 20 ships the day before.

According to Jinshi, the U.S. Treasury will maintain its repurchase plan, keeping the same pace as the previous quarter.

Duan Yongping responded on Xueqiu today regarding the reduction of his position in Pop Mart, stating, "It's just that the put expired, and part was called away by the call." (This means that the put option expired, and a portion of the stock was called away by the call option.)ChainCatcher previously reported that earlier today, the Hong Kong Stock Exchange disclosed that the long position ratio of H&H International Investment, managed by Duan Yongping, in Pop Mart International Group Limited decreased from 7.65% to 5.55% as of July 30, 2026.According to a detailed interpretation of the announcement, this reduction was caused by the exercise of sold calls (call options). Duan Yongping holds the underlying stock of Pop Mart through H&H International Investment while selling call options to earn premiums. After part of the calls expired and were exercised on July 30, Duan Yongping had to deliver stocks at the agreed price, resulting in a decrease in physical holdings, and the disclosed long position ratio dropped from 7.65% to 5.55%.This time, Duan Yongping had part of the calls expire and be exercised, delivering some stocks at an average settlement price of approximately HKD 162.50, resulting in a net decrease of about 8.9328 million shares in physical holdings. Additionally, other option positions expiring or converting contributed to the overall decrease in the disclosed total long position ratio.Duan Yongping is accustomed to using sold options to enhance returns or build positions, and he has performed similar operations on stocks like Apple. On July 23, Duan Yongping had just responded to investors on Xueqiu, stating, "I just started buying Pop Mart, and I probably won't sell for the next 10 years." This decrease in ratio is mainly due to passive reduction caused by option settlements, rather than actively selling in the market. The actual decrease in physical holdings is not as exaggerated as the disclosed ratio suggests, as the disclosed long ratio also includes the impact of related derivative positions.