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According to The Information, Microsoft's self-developed artificial intelligence chip project has shown signs of recovery after experiencing a slow start.

Nansen founder and CEO Alex Svanevik stated that Bitcoin's current price of around $60,000 may have marked the low point of this cycle. "Personally, I don't think Bitcoin will go below $60,000 again; I believe that's in the past, and I think it's forever." Alex Svanevik said this judgment is based on Bitcoin's positioning as a hedge against global central bank currency expansion, and he has not seen signs that the global monetary easing cycle is about to end. At the same time, the crypto industry is undergoing a fundamental transformation; crypto assets were previously in the toy world of blockchain and are now entering the real world era.In terms of the public chain ecosystem, Svanevik holds a long-term bullish view on Solana, stating that the perception of it as merely a meme coin chain is completely absurd. He believes Solana has "possibly the most effective BD team" and "an incredible team." However, Svanevik declined to translate this judgment into a specific price prediction for SOL—"Intuitively, I would think it will rise, but I can't be sure." Svanevik is also optimistic about the Robinhood chain, which just launched in July this year, believing it is rising as a strong competitor to Base due to its excellent user distribution capabilities. However, he judges that Robinhood is unlikely to issue a token—on one hand, it doesn't need to, and on the other hand, as a publicly traded company on NASDAQ, issuing a token would logically contradict competing with its own stock, "All value should be directed to HOOD stock."

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.

U.S. President Trump officially signed the executive order on polysilicon tariffs.

According to Jinshi reports, SoftBank Group signed a loan agreement worth $10 billion in August 2026, using OpenAI shares as collateral.

According to a report by China News Service, Russian President Putin signed a law on the 4th to comprehensively regulate digital currencies and digital rights in Russia. Relevant documents have been published on the Russian legal information website. The law clarifies the operational rules for cryptocurrency exchange platforms, digital asset custodians, and other market participants, and regulates the conditions under which investors can purchase cryptocurrencies.The law regulates relationships related to the circulation, accounting, and storage of digital currencies and foreign digital tools, as well as activities related to "mining," and the issuance and circulation of digital rights. It also stipulates the regulation of the business operations of information system operators for issuing digital financial assets, cryptocurrency exchange institutions, digital asset custodians, brokers, asset management companies, trading organizers, and clearing institutions. According to this law, Russian citizens can legally invest in cryptocurrencies through exchanges within Russia and use services provided by brokers, trust managers, asset management companies, and cryptocurrency exchange institutions when conducting cryptocurrency transactions and related operations.The registration and custody of cryptocurrencies will be the responsibility of relevant digital custodians approved by the Central Bank of Russia, and market participants must comply with strict information security requirements. The Central Bank of Russia will also establish a registration list for cryptocurrency exchange institutions, which will include credit institutions and brokers under a filing system for management. This law will officially take effect on September 1, but some provisions will be implemented on July 1, 2027, or September 1, 2027.

According to the South Korean media The Elec, GlobalWafers stated during the Q2 earnings call that the production lines for 12-inch, 8-inch, and 6-inch wafers are nearing full capacity, with some advanced 12-inch products experiencing supply constraints due to a surge in demand for AI chips, HBM, and advanced packaging. Shin-Etsu Chemical achieved double-digit growth in 12-inch shipments both year-on-year and quarter-on-quarter in Q2, and Sungrow also believes that customer inventory adjustments are nearing completion. Although SK Siltron is gradually releasing capacity from new production lines, it is still difficult to meet the growth rate of orders.Tight supply is driving changes in long-term contract models, and GlobalWafers signed a 10-year LTA (including advance payment) with Micron last month. Prices in the non-LTA market have begun to rise and are expected to continue to increase in the second half of the year. GlobalWafers stated that it is negotiating with customers to incorporate price adjustment mechanisms into new contracts, and Nexchip also emphasized the need for "broad and meaningful price increases" to support reinvestment. Industry insiders expect that as new factories from Samsung, SK Hynix, and Micron come online, wafer demand will double in the second half of 2027, and supply shortages may further intensify.

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

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.

According to TASS, Russian President Putin signed a law on August 4 that implements comprehensive regulation for the circulation of digital currencies and digital rights within Russia for the first time. This law establishes an operational framework for cryptocurrency exchanges, digital custodians, and market participants, while also regulating cryptocurrency mining and the issuance and circulation of digital financial assets (DFA).Key points include: cryptocurrency exchanges must be included in a special register to operate (with a transition period until July 1, 2027), and the minimum registered capital requirement is 15 million rubles (approximately $187,000); the use of cryptocurrency for payment of goods and services remains prohibited domestically, but it is allowed for cross-border trade settlements and mining income; non-qualified investors have a purchase limit of 300,000 rubles (approximately $3,700) per year per intermediary, while qualified investors are not subject to restrictions; banks have the right to freeze funds involved in unauthorized cryptocurrency transactions. The core provisions of the law will officially take effect on September 1, 2026, with some provisions being implemented in batches on July 1 and September 1, 2027.

According to Jinshi reports, Anthropic has signed a $10 billion computing services agreement with an artificial intelligence cloud startup.

According to Jinshi News, Sharon AI announced the signing of a five-year, $373 million artificial intelligence cloud service agreement. The company stated that the agreement was signed with a global artificial intelligence platform.

According to Jinshi reports, Premier Li Qiang recently signed a State Council order, announcing the revised "Regulations on the Protection of Integrated Circuit Layout Designs," which will officially take effect on October 15, 2026.

According to Jinshi reports, S&P Global Market Intelligence Chief Business Economist Chris Williamson stated that although the PMI index in the U.S. remained stable in July, the survey data behind it shows some warning signs for future growth trajectories. The production growth rate significantly slowed in July, and new business growth has been weak for the third consecutive month, reflecting a reduction in inventory backlog.Increased supply chain delays, declining exports, and customer resistance to high prices have also brought pressure. Although inflation in raw material costs has slightly eased, inflationary pressures remain high, and corporate optimism about the economic growth outlook has fallen to its lowest level since October of last year.

According to CryptoSlate, Nasdaq-listed company Zhibao Technology (a Chinese insurtech company) signed a PIPE (Private Investment in Public Equity) agreement worth approximately $154.7 million on July 31, with investors paying in 2,380 bitcoins (calculated at a fixed price of $65,000 per bitcoin).The agreement lists 10 investor entities, each allocated 44.2 million units, totaling $154.7 million, paid in 238 bitcoins. Investors will purchase 442 million units at $0.35 per unit, with each unit consisting of 1 share of Class A common stock and a 2-year warrant (to buy 1 additional share at an exercise price of $0.35), with a potential total issuance of up to 884 million shares.After the transaction is completed, investors will designate 4 out of 5 directors and choose a new CEO and CFO. The existing 4 directors and the current CEO and CFO will resign. This issuance will significantly dilute the shareholding ratio prior to the PIPE transaction. The 49,001,662 shares will account for approximately 9.98% of the share base after the transaction is completed, while Class B shareholders will lose their 20-to-1 voting advantage.If all new warrants are subsequently exercised, the share base will increase to at least 933,001,662 shares, while the shareholding ratio prior to the PIPE transaction will drop to about 5.25%. The agreement is intended to be settled within 12 business days after July 31, or on another date agreed upon in writing by both parties, but the required capital increase and approval issues remain unresolved.

According to Jinshi reports, Apple's Chief Financial Officer stated that the mobile game revenue from the App Store shows signs of "weakness."

Bitcoin News posted on the X platform that New Hampshire Governor Kelly Ayotte has signed HB 639 into law to strengthen legal protections for Bitcoin and digital assets.The law protects self-custody rights, prohibits state and local governments from restricting the use of blockchain, prohibits the imposition of special taxes on cryptocurrency purchases, exempts miners from currency transfer licensing requirements, and establishes specialized court dockets for blockchain disputes. This measure further consolidates legal certainty for Bitcoin users, miners, and the broader digital asset industry.

Bitwise Chief Investment Officer Matt Hougan published an analysis, stating that the crypto market is showing signs of a bottom ------ since July 1, Bitcoin has risen by 9% while the Nasdaq has fallen by 6%, ETF fund flows have turned positive, and market sentiment has improved. Hougan believes that the next bull market will be driven by the integration of on-chain finance and traditional finance, with the core sectors being stablecoins, tokenization, 24/7 trading, instant settlement, and institutional DeFi.He suggests focusing on two types of opportunities: one type is crypto-native applications represented by Hyperliquid (HYPE) ------ which have real revenue and a strong token economic model (99% of revenue is used for buybacks and burns of HYPE), which has risen 146% this year; the other type is traditional financial institutions represented by Robinhood (HOOD) ------ whose Layer2 blockchain Robinhood Chain attracted over $300 million in deposits within two weeks of launch, processing an average of 3.6 million transactions daily, supporting 24/7 trading of tokenized stocks for users in 120 countries. Hougan is optimistic about mainstream assets such as Bitcoin, Ethereum, and Solana, as well as crypto stocks, while also paying attention to institutions like Coinbase, Figure, BlackRock, Visa, Stripe, and JPMorgan that are scaling up in the crypto space.

Chinese listed company Zhibao Technology announced that it has signed a non-binding term sheet with Joyer Tech to conduct PIPE financing based on 3,500 bitcoins.