july

Financial newsletter The Kobeissi Letter stated on X: The scale of U.S. stocks held by non-U.S. investors is at a historical high. The account wrote that in July, investors outside the U.S. held $24.32 trillion in U.S. stocks, marking the third largest scale in history.The Kobeissi Letter noted that since the beginning of this year, foreign investment in U.S. stocks has increased by $2.22 trillion, a growth rate of 10%. Since the bear market of 2022, this holding scale has increased by $12.3 trillion, a growth rate of 103%.The newsletter also stated that the allocation ratio of foreign capital to U.S. stocks has risen to 60% of their U.S. financial assets, setting a record, and is currently about 6 percentage points higher than the peak during the 2000 internet bubble.

According to Santiment data, address clusters holding 100 to 1000 BTC have cumulatively increased their holdings by approximately 113,950 BTC since mid-July, and the total BTC holdings of such wallets is currently about 5.24 million BTC.Analysis suggests that these medium-sized whales continue to accumulate, reflecting that some large holders are still increasing their BTC exposure amid recent market volatility. If this accumulation trend continues, it may further reduce the selling pressure of circulating tokens in the market and provide support for subsequent price rebounds. Meanwhile, this trend also indicates that market funds are not generally choosing to exit during price fluctuations, as some investors with larger positions are still accumulating BTC on dips.

According to a report by TASS, Bogdan Shablya, head of the financial monitoring and foreign exchange regulation department of the Central Bank of Russia, stated that the Central Bank of Russia expects that after the implementation of laws related to digital currencies, the issue of illegal cryptocurrency exchanges will be resolved, and the related "gray area" should disappear before July 1, 2027.After that, the market will be clearly divided into "white" and "black" parts, with corresponding penalties implemented.

Documents disclosed on Tuesday local time show that accounts under Trump completed 1,156 securities transactions in July, with a total scale ranging from 79 million to 270 million dollars, buying at least 43.6 million dollars and selling at least 35.6 million dollars, indicating a large-scale portfolio adjustment.On July 20, the account sold between 5 million to 25 million dollars of Microsoft and Amazon stocks, marking the largest single transaction of the month. On the same day, it sold between 1 million to 5 million dollars of Oracle stocks and bought between 500,010 to 1 million dollars of Nvidia stocks. Three days later, the account slightly replenished its positions in Microsoft and Amazon. Additionally, Trump also traded related assets of SpaceX and Tesla under Musk that month.

According to data from Statistics Canada, Canadian investors net sold $31 billion CAD worth of U.S. stocks in July, setting a record for the highest monthly amount, primarily focused on stocks of large U.S. technology companies. At the same time, Canadian resident investors net sold $5.1 billion CAD worth of U.S. government bonds, marking the sixth consecutive month of reduction, bringing the total amount sold this year to $37.3 billion CAD.

On-chain analytics firm Glassnode stated that publicly listed companies have only increased their holdings by 5,900 bitcoins in the past three months, while in July 2025, the monthly increase reached 89,000 bitcoins.The spot price is slightly below its average cost basis of $80,500, and corporate buyers are facing moderate unrealized losses, while the new demand provided is limited.

The Federal Reserve raised interest rates as expected in September, after keeping rates unchanged at the July meeting. Federal Reserve Chairman Waller stated that three things have changed between the two meetings.He said that data released in recent weeks indicates that the U.S. economy is performing strongly, especially in the labor market. At the same time, inflation rates remained high throughout the summer, significantly above the Federal Reserve's target of 2% year-on-year inflation.Finally, he noted that geopolitical factors also prompted the Federal Reserve to change its assessment of the economic outlook, although he did not directly mention the U.S.-Iran conflict in the Middle East. Waller stated, "These three factors contributed to our firm and consistent decision today."

Independent researcher Jonas Wiedermann-Moeller discovered that OpenAI's malicious AI agents hijacked two Hugging Face user accounts and probed the platform's network vulnerabilities as early as May 13, nearly two months before the publicly disclosed intrusion incident in July. An internal incident report released by OpenAI last month disclosed only a small part of this, specifically that an agent stole a user's login credentials to access a biology-related document, while the new findings point to ongoing reconnaissance activities.According to Reuters, these agents used the hijacked accounts to send malformed files to the servers of the open-source AI repository Hugging Face, and researchers believe this appears to be an attempt to map the network to find intrusion pathways. Researchers reviewing the evidence did not find that the activities in May caused an actual intrusion, but Wiedermann-Moeller believes missing this signal is significant. He stated that if this behavior had been detected in May, it might have prevented a later, larger-scale incident. Hugging Face, which is currently being acquired by NVIDIA for $12.93 billion, has not disclosed whether it was aware of this new information.Researchers from Nightingale Collective also linked a spam attack on the code repository RubyGems on May 11 to OpenAI agents, which temporarily forced the platform to suspend new account registrations for four days.

In the preview of the press conference with Waller, the market is focused on whether he can clearly explain the policy decisions and avoid the communication mishap from July. Analysts at French Foreign Trade Bank expect Waller to explain the interest rate hike as a necessary measure to control inflation.If the Federal Reserve raises interest rates as scheduled, the market will pay attention to Waller's views on inflationary pressures. Reuters points out that Waller needs to respond to Trump's demands for interest rate cuts in a sensitive political environment and emphasize the independence of the Federal Reserve.

On-chain analyst Ai Yi posted on X that a certain address has accumulated profits of approximately 1.157 million dollars through five ETH swing trades since July.This address purchased 1,650 ETH (approximately 3.97 million dollars) at 2,417 dollars on September 3 and sold all of it for profit at a price of 2,474 dollars about 9 hours ago, making a profit of approximately 108,000 dollars on that single trade. The scale of each swing trade is around 4 million dollars, and the overall strategy is relatively conservative, focusing on small profits.

According to data from the Central Bank of Brazil (BCB), cryptocurrency purchases in July amounted to $572 million, a decrease of nearly 80% compared to $2.6 billion in June, and a decline of nearly 60% from $1.4 billion in July 2025.Fernando Rocha, head of the statistics department at the Central Bank of Brazil, stated that the changes are part of the adaptation of cryptocurrency exchanges to the new regulatory environment for digital assets, with anti-money laundering controls and governance requirements being significant factors in the reduction of transaction volume. Since 2026, the total amount of cryptocurrency purchases in Brazil has reached $15.25 billion, more than doubling compared to $7.6 billion in the same period of 2025. BCB noted that most of the related transactions involve stablecoins.

According to on-chain analysts, a certain trader bought 1,650 ETH at $2,417, worth approximately $4 million.Since July, their 4 ETH trades have accumulated a profit of $1.05 million.

According to on-chain analyst Yu Jin's monitoring, at the end of July, a whale or institution that redeemed 2.886 million HYPE from staking has completed liquidation, transferring the last 969,000 HYPE ($79.18 million) to Coinbase Prime and FalconX 20 minutes ago.They accumulated and staked it at around $19.8 at the beginning of last year, and liquidated it at around $64.9 in the past month, making a profit of $132 million (+228%).

The long-established financial media in Hong Kong, "Hong Kong Economic Journal," published a column article citing statistics from RootData, indicating that in the first seven months of 2026, over 100 cryptocurrency projects have announced shutdowns, bankruptcies, or indefinite service suspensions. The article states that the actual number of closures may be higher, as many projects have not officially announced their status but are "slowly disappearing."The article further states that this wave of closures is not limited to a single sub-sector but is widely affecting various projects, including exchanges, wallets, DeFi, DAO tools, Layer 2, and infrastructure, showing a trend of spreading across the entire sector.

According to Gate market data, CrowdStrike (CRWD.O) rose by 10%, marking the largest increase since July 14.

According to BBX data, yesterday global publicly listed companies in the U.S. stock market disclosed the latest official ledgers on cryptocurrency asset mining operations, ecological treasury financial reports, and on-chain data infrastructure. The core updates are as follows:Bitdeer (NASDAQ: $BTDR) July production surged 322% year-on-year, total exclusive computing power reached 81.7 EH/s: Nasdaq-listed Bitcoin mining company and AI infrastructure company Bitdeer released its production and operation update for July 2026. In terms of mining, the company mined a total of 1,190 Bitcoins that month (a year-on-year increase of 322%). In terms of computing power scale, self-operated computing power reached approximately 76.7 EH/s, other exclusive computing power 5.0 EH/s, and joint mining computing power 18.7 EH/s, totaling an exclusive computing power of 81.7 EH/s. As of the end of July, the company's balance sheet held a total of 257 Bitcoins (excluding customer deposits).Avalanche Treasury Company AVAT (NASDAQ: $AVAT) holds 15.3 million AVAX, plans to repurchase $10 million in stock: Avalanche ecological cryptocurrency treasury company Avalanche Treasury Company released its financial report for the second quarter of 2026. The company reported a net loss of $44.7 million for the quarter (loss per share of $1.54), of which approximately $35.7 million (about 80%) was a non-cash accounting loss due to changes in the market value of AVAX holdings, and approximately $15.2 million was a one-time cost incurred from business mergers, with core administrative expenses of about $3.5 million. The company's board has approved a $10 million repurchase plan for Class A common stock. As of June 30, the company held approximately 15.3 million AVAX (book value of about $100 million), with net staking income of about $1.5 million for the second quarter (cumulative approximately $3.6 million for the first half of the year).Solana Treasury Company DFDV (NASDAQ: $DFDV) launches State of Solana data dashboard: Nasdaq-listed SOL treasury company DeFi Development Corp announced the launch of the public real-time data research platform State of Solana. This platform integrates Solana's market price, network performance, staking rate, validator distribution, on-chain revenue, and ecological indicators into a unified dashboard, aiming to provide investors with a comprehensive fundamental perspective beyond price fluctuations, and will continue to expand the dataset and visualization analysis tools in the future.

MiniMax disclosed at its mid-2026 performance meeting that the company's annual recurring revenue (ARR) in August has exceeded $800 million, with second-quarter revenue increasing by 81.8% compared to the first quarter. The token consumption in July has reached 20 times that of January, and the contribution of the B-end business to the overall ARR has exceeded 80%.MiniMax stated that in terms of computing power, the company is one of the first two independent large model companies in the country to establish a large-scale, long-term stable infrastructure system. The infrastructure is now capable of independently supporting the largest training tasks, and the Effective Training Time Ratio (ETTR) has reached 97%.

In July, the personal income month-on-month rate in the United States was 0.4%, higher than the expected 0.2% and the previous value of 0.2%.

The U.S. July PCE price index month-on-month was 0.2%, higher than the expected 0.1%, and the previous value was -0.1%.