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Famous trader Killa posted that Bitcoin is continuing to decline, and the key now is whether it can maintain the current range and stay above $60,000. He believes that if BTC can still fluctuate above $60,000, a temporary low may form near the current price area.On the other hand, if BTC breaks below $60,000 and loses the current range, the possibility of further declines for the remainder of August will significantly increase. If it drops below $60,000 from the current position, it may further decline to below $57,000. Conversely, if BTC can maintain its structure and regain a foothold above $61,000 to $62,000, he expects Bitcoin may rebound back into the range for the remainder of August.

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) recently issued an internal letter that explicitly exempts asset-backed securities (ABS) related to AI data centers from the core investor protection regulations established after the 2008 financial crisis, including the "risk retention" requirement that issuers retain a portion of the debt. The SEC determined that data centers are not financial assets that are liquidated over time, and therefore the securities linked to them should not be subject to the same regulatory constraints as ABS related to auto loans or mortgage loans.Although this move is not an official amendment to the law, the substantial impact should not be underestimated, as companies have previously adhered to relevant regulations out of compliance prudence. In terms of market size, the annual issuance of data center ABS has surged from $2.4 billion in 2020 to $15.5 billion in 2025, growing more than sixfold over five years, with the potential to set a new historical high in 2026.

According to information from the official Apple website, Apple Smart has supported collaboration with Alibaba's Qianwen model.According to the official introduction, after users enable the relevant features, Siri can use the Qianwen model to provide more in-depth answers, including analyzing photos and documents; the writing tool can also leverage Qianwen to generate text or image content based on user descriptions.

The U.S. Senate has postponed the vote on the CLARITY Act until after the summer recess, increasing uncertainty about the bill's passage in the short term.The CLARITY Act had previously received bipartisan support in the House of Representatives and aims to establish a federal regulatory framework for digital assets, clarify the responsibilities of different regulatory agencies, and promote the further integration of crypto assets into the U.S. financial system.North Carolina Republican Senator Thom Tillis stated that with the vote postponed until September, the probability of the bill's final passage "may have decreased by 50%." Wyoming Republican Senator Cynthia Lummis, who is responsible for pushing the negotiations, indicated that discussions have been ongoing for nearly 11 months, the bill text has increased by about 300 pages, and it has responded to numerous amendment requests from Democrats, and it should now enter the voting phase.Currently, Democrats still oppose the existing version, with the main disagreement centered on the restrictions on government officials' interests in crypto assets. Democrats believe that the current version does not adequately limit federal officials' investments and promotion of crypto assets, nor does it require relevant personnel to fully divest from related holdings, while also seeking to grant state attorneys general stronger enforcement powers.Some Democratic and Republican lawmakers had previously pushed for the inclusion of stricter ethical oversight provisions, but negotiations are still ongoing. Democrats are particularly concerned about the connections between Trump and his family with crypto projects like World Liberty Financial.Previously, the crypto industry hoped the Senate could advance procedural voting before the summer recess to adjust political investments during the 2026 midterm elections based on legislative progress. Data shows that the crypto industry's main political action committee, Fairshake, held nearly $200 million in cash reserves at the beginning of this cycle.

According to the Financial Times, Jane Street is negotiating with several investors, including Pimco, to transfer its approximately $11 billion in debt from the public market to private instruments through a private credit deal.Analysis indicates that this debt transfer by Jane Street aims to reduce the quarterly financial disclosure requirements to a large number of creditors while providing greater flexibility for the company to further invest in AI infrastructure (such as data centers and related technologies).

Circle announced that the New York State Department of Financial Services has granted its subsidiary Circle Internet Trust Company LLC a limited purpose trust charter. This charter will further strengthen the regulatory foundation of the company and USDC.Circle stated that the New York trust charter reflects the company's commitment to safety, transparency, and compliance standards. In 2015, Circle became the first company to obtain a BitLicense from the New York State Department of Financial Services, thereby establishing a long-term regulatory relationship with the agency.Circle co-founder, chairman, and CEO Jeremy Allaire stated that obtaining the New York trust charter has always been a long-term goal for the company, and the regulatory clarity brought by this charter will place USDC within a strong and recognized regulatory framework as digital dollars increasingly become a core component of the global financial system.

According to Jinshi reports, Paul Zangieri, a senior economist at Prudential Investment, is closely monitoring the communication wording of the Federal Reserve. It is expected that the FOMC will "maintain or even strengthen its hawkish tone," as ongoing inflation, rising oil prices, and internal disagreements within the FOMC open the door for further tightening of policies later this year.

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.

According to the WSJ, Robinhood is in talks with the cryptocurrency trading platform Crypto.com to further expand its prediction market business.Insiders revealed that both parties plan to integrate Crypto.com's prediction market business into the Robinhood platform, allowing users to participate in the "yes/no" prediction contracts offered by Crypto.com directly through the Robinhood trading interface.

According to Jinshi, the U.S. Department of the Treasury announced further sanctions against individuals and companies associated with Iranian financier Babak Zanjani, due to their alleged evasion of sanctions.

As tokenized securities transition from "holdable assets" to "usable capital," the role of xStocks in on-chain trading scenarios is changing. The trading platform Nado, built on Ink, launched the xStocks / xPoints event on July 8, providing a new entry point for RWA asset points and capital efficiency.During the event, users who deposit supported assets such as AAPLx, METAx, NVDAx, QQQx, GOOGLx, SPYx, and TSLAx into Nado will receive a 25% xPoints bonus on their TVL. If users trade xStocks in the Nado spot market, they can also unlock up to a 30% xPoints bonus based on daily trading volume, while simultaneously earning Nado Points.Nado's unified margin account allows xStocks to be used as collateral for contract trading. The same asset can simultaneously function in holding, trading, collateral, and point acquisition, further amplifying the capital efficiency of tokenized U.S. stocks in the on-chain trading system.

Gate today announced that Edwin Cheung has officially been promoted to Executive Director, where he will participate in the overall strategic planning and global business development of the group, further advancing Gate's long-term layout in the digital asset and fintech fields, supporting the group's continuous expansion in the global market and enhancing its overall competitiveness.Previously, Edwin was responsible for Gate's global fiat currency business strategy, long-term promotion of institutional cooperation, payment infrastructure construction, and global market expansion, and actively participated in international business, laying a solid foundation for Gate's globalization layout and long-term strategic development. Edwin holds an MBA in Fintech from the Hong Kong University of Science and Technology and a Bachelor's degree in Commerce from the University of Melbourne. With nearly ten years of experience in the financial industry at HSBC and Standard Chartered Bank, he has accumulated rich experience in institutional business, payment systems, and strategic cooperation. He stated, "I am deeply honored to serve as Gate's Executive Director. In the future, I will work with the team to promote the implementation of the group's long-term strategy, continuously enhance global business synergy capabilities, strengthen Gate's competitive advantages in the digital asset and fintech fields, and create greater long-term value for global users."This appointment reflects Gate's ongoing commitment to globalization development, long-term strategy, and organizational construction. In the future, Gate will continue to adhere to an innovation-driven development concept, steadily advance its global business layout, continuously enhance product and service capabilities, and create a more open, secure, and professional digital asset ecosystem for global users.

The growth of Gate options users and the accumulation of positions have shown significant improvement. Data shows that the number of new users in June increased by 34.7% compared to the same period in May; the trading volume of new users increased by 34.2%; and the average total position increased by 95.1%, indicating that options products are continuously improving in user conversion, trading participation, and capital accumulation.To further lower the threshold for options trading, Gate's simplified options have officially launched. Users do not need to manually filter complex options chains; they only need to determine whether BTC/ETH will rise or fall, input the target price and expiration date, and the system will automatically recommend matching contracts and bring them to the order page with one click, helping new users complete options trading with a lower barrier.With the launch of simplified options, Gate options are expected to further enhance the conversion efficiency for newcomers, encouraging more users to move from basic judgments of "bullish or bearish" into more flexible options trading and risk management scenarios.

According to Jinshi reports, European Central Bank Executive Board Member Schnabel stated that the European Central Bank is expected to raise interest rates further.

According to Jinshi, European Central Bank Executive Board Member Schnabel stated that the scale and timing of further actions will depend on the Middle East conflict, inflation, and economic conditions.

According to Jinshi reports, European Central Bank Executive Board Member Schnabel stated that from today's perspective, we need to further raise interest rates in order to restore inflation to our 2% target in the medium term.

According to Cointelegraph, three major crypto lobbying organizations—the Blockchain Association, the Crypto Innovation Council, and the Digital Chamber of Commerce—jointly wrote to the U.S. Congress, requesting the unaltered passage of the "Mining and Staking Tax Clarity Act" without further amendments. The bill allows miners and stakers to choose to pay taxes either when they receive crypto rewards or when they sell their assets, aiming to address liquidity issues caused by "taxation on phantom income."Democratic Congressman Steven Horsford proposed an amendment to limit the deferral of crypto reward taxes to five years, but the CEO of the Crypto Innovation Council stated that the amendment would "undermine" the bill and only generate "negligible revenue." The American Bankers Association opposes the bill, claiming it gives cryptocurrencies a "significant advantage," while crypto lobbying groups believe that renegotiating the already reached compromise will "revive the issues the bill aims to resolve."

According to Jinshi reports, European Central Bank Governing Council member Kazimir stated that the spread of inflation in the economy will force the European Central Bank to raise interest rates further. He believes that without intervention, price pressures will not ease.Kazimir noted that although the economy has cooled somewhat, its resilience still exists, providing officials with room to act. He stated that the inflation data for June may be decisive, but the situation for July is still inconclusive, and new forecasts will be available in September.

According to Jinshi reports, European stock indices have increased, with the German DAX30 index, French CAC40 index, and Euro Stoxx 50 index all rising over 2%.

According to Gate market data, U.S. stocks opened higher and continued to rise, with the Nasdaq 100 index increasing by 1.5%. The Dow Jones Industrial Average is currently up 0.9%, and the S&P 500 index has risen by 0.8%. The photovoltaic sector has increased by over 7%, and the 3x leveraged long Korea ETF (KORU.N) has risen by 17.4%.