move

Renowned trader Doctor Profit posted that a historical indicator for Bitcoin is signaling that "the bottom has either formed or is very close." In 2015, 2019, and 2022, the bear market bottom formation phase began when the realized price of holders for 3 to 6 months fell below the realized price of holders for 1 to 2 years. He believes this indicates that newer buyers are capitulating and selling at a loss, with Bitcoin gradually transferring to longer-term holders.Currently, this crossover is appearing for the fourth time, while the BTC price is below the average cost of both categories of holders. However, historically, this signal does not immediately lead to a reversal; Bitcoin typically experiences several months of sideways movement to complete the bottoming process, so this phase can also be seen as a long-term accumulation range. He believes we are currently in the bottom formation and long-term accumulation phase of the bear market. Doctor Profit stated that over the past few weeks, he has been gradually buying BTC in batches within the range of $54,000 to $64,000, continuing to build his position incrementally with 5% of his portfolio each time.

According to South Korean media Edaily, the Financial Intelligence Unit (FIU) of South Korea announced that the amendment to the enforcement decree of the Specific Financial Information Act, aimed at strengthening regulation of the cryptocurrency industry, has been approved by the State Council.The main changes of the new regulations include: regulatory agencies will conduct stricter reviews of the qualifications of major shareholders of exchanges, while requiring that the debt ratio of exchanges must not exceed 200%. In addition, the previous Travel Rule only applied to transactions over 1 million won, but will now cover all transfers without a monetary threshold. Transactions involving overseas exchanges and personal wallets will be subject to differentiated control based on risk levels. The new regulations also require exchanges to be equipped with professional personnel and necessary equipment, and to establish internal control systems, with existing exchanges granted a one-year grace period. Some provisions will take effect on August 20, while those related to the Travel Rule will be officially implemented six months later.

The perpetual contract DEX Extended, developed by the former Revolut team, has announced the results of its points program update, excluding 5,038,989 points generated through non-natural or manipulative activities. This adjustment covers 4,017 affected accounts and 35 identified Sybil operations and other prohibited behaviors.After the update, the total amount of the points program is 64,673,031 points (as of August 10, 2026). The excluded points have been returned to the program budget, available for genuine participants to continue earning. The total allocation cap for the points program remains no more than 70 million.The review scope includes cross-account wash trading, self-referral, Sybil wallet groups, and coordinated multi-account activities, with adjustments made based on the quantitative rules under the points program terms.

BIP-110 soft fork has stalled due to support rates far below standard, with thousands of nodes isolated. Just two days after the incident, the Bitcoin BIP editing team removed the editing privileges of the proposal leader Luke Dashjr on Monday. Editor Mark Erhardt proposed a motion for dismissal, citing reasons including conflicts of interest, minimal contributions, leading a controversial fork, and coordination breakdown.Supporters pointed out that Dashjr used his editing privileges to favor the BIP-110 proposal, assigning numbers and quickly merging PRs before discussions on the mailing list, and has contributed less than 1% since April 2024. The peak signal support for BIP-110 was only 2.53%, far from the 55% threshold, and the forced chain has stalled at a height of 961,633. Ocean was the only mining pool signaling before the fork, and has now resumed non-BIP-110 work. Dashjr announced the suspension of his roles as Chairman and CTO of Ocean four minutes before the dismissal confirmation, shifting to Bitcoin open-source projects, but still serves as the chief maintainer of Bitcoin Knots. The price of Bitcoin was unaffected by the incident.

According to a16z crypto, the monthly spending on crypto payment cards has grown from a niche scale to $759 million. These cards allow users to pay with cryptocurrency in all scenarios that support traditional card organizations, with stablecoins converted to local currency at the point of sale, making it no different for merchants than regular card transactions.As of July 31, looking at the spending composition from various card programs, RedotPay has long held the majority share, while EtherFi, KAST, Karta, and others have gradually increased their share since the end of 2025. a16z crypto states that crypto cardholders do not need traditional bank accounts and can deposit stablecoins with the issuer or hold them directly through self-custody. These cards have expanded global users' access to dollar accounts and provided a convenient spending method for stablecoin holders.

ether.fi announced that it has removed all re-staking exposure of weETH, making it a purely liquid staking token (LST), with the re-staking function transferred to the independent token weETHs based on Symbiotic.Previously, ether.fi bundled Ethereum staking yields with EigenLayer re-staking exposure into a single token, making it the largest protocol based on the EigenLayer re-staking model. Currently, its re-staked assets on EigenLayer account for less than 1%, with plans to reduce this to zero by the third quarter of 2026 and completely remove EigenPod withdrawal vouchers in the fourth quarter.ether.fi CEO Mike Silagadze stated, "The end of an era. It's sad. I still believe re-staking will return in some form, just a bit too early."

According to Jinshi reports, the United States has removed Fly Baghdad from the sanctions list.

Market news, Telegram has been removed from the Apple iOS App Store.

According to token unlocking data from the Crypto asset data platform RootData, Movement (MOVE) will unlock approximately 17.674 million tokens at 11:00 AM Beijing time on August 9, worth about 1.33 million USD.

CryptoQuant analyst Darkfost stated that the Bitcoin funding rate is showing typical signals before the significant increases in September 2024 and December 2022, indicating that pessimism may have recently peaked.From March to May, Bitcoin corrected over 50%, and the accumulation of short positions pushed the funding rate down to negative values. Subsequently, BTC rebounded to $82,000 in May. This signal has appeared again, potentially leaving room for a bullish reconstruction in the coming months. This indicator has been transformed into a monthly sentiment aggregation tool, which is more effective than the Fear and Greed Index.

According to Cointelegraph, the Binance Android app has recently become unsearchable or unavailable for download in some EU countries' Google Play stores, indicating a regional change in its availability in the EU market.Currently, users in Spain have confirmed that the app has disappeared from the Google Play store, but it is still displaying normally in Poland, suggesting that this situation does not cover the entire EU market.Market attention is focused on whether Binance meets the licensing requirements of the EU's Markets in Crypto-Assets Regulation (MiCA). Previously, Binance withdrew its MiCA application in Greece and notified some EU users before and after the transition period that certain services would be restricted, but the withdrawal function remains available.

According to the official announcement, Binance will remove the following leveraged trading pairs on July 30, 2026, at 14:00: full margin trading pairs A/USDC, HIVE/USDC, ILV/USDC, NEWT/USDC, MOVE/USDC; isolated margin trading pairs A/USDC, HIVE/USDC, NEWT/USDC, MOVE/USDC.Please note that the isolated margin lending services for the relevant trading pairs will be suspended on July 28 at 14:00, and all pending orders will be canceled when they are delisted. Users are advised to close their positions in advance.

The South Korean media Digital Asset conducted a survey of the top 50 overseas derivatives exchanges ranked by CoinMarketCap and found that at least 29 of them have been removed from the Korean Google Play Store, including OKX, Bybit, MEXC, KuCoin, BingX, Gemini, BitMEX, Backpack Exchange, and others.

According to The Block, Movement's original core development company Movement Labs (MVMT) applied for Chapter 11 bankruptcy protection in a bankruptcy court in Delaware, USA, earlier this month.According to documents submitted on July 15, the company reported assets between $100,000 and $500,000, with liabilities reaching up to $10 million, listing nearly 299 creditors, among which the largest unsecured claim is over $1.6 million from the ousted co-founder Rushikesh Manche. Manche retains a 34.25% equity stake and has previously filed a lawsuit regarding legal fees related to the Department of Justice grand jury investigation into the MOVE token issuance scandal, which was supported.The company was the core developer of the Ethereum Layer 2 network Movement Network and completed a $38 million Series A financing led by Polychain. In December 2024, the MOVE token issuance crisis was triggered by a market maker sell-off, leading to Manche's dismissal after an internal investigation, and core development work has since been transferred to Move Industries.

According to PConline Pacific Technology reports, the official version of DeepSeek-V4 has begun a small-scale gray testing, including two versions: DeepSeek-V4-Pro and DeepSeek-V4-Flash. Insiders say that the official version is expected to be released at the end of this month, which is somewhat delayed compared to previous plans. The new version will focus on optimizing inference efficiency, response speed, and agent capabilities.Developers participating in the testing claim that V4's comprehensive capabilities are on par with Anthropic Opus 4.8, with code generation close to OpenAI GPT-5.6 Sol, and improvements in scenarios such as 3D modeling, SVG image generation, and mini-game development. DeepSeek-V4 has completed the adaptation for de-CUDA, and on the first day of launch, it will be compatible with multiple domestic AI chips, and will adopt peak and off-peak API billing, with peak prices being double that of off-peak.

According to Forbes, humanoid robot startup Humanoid announced the completion of a $152 million Series A funding round, with a post-investment valuation of $1.35 billion, becoming the first unicorn company in Europe focused on the humanoid robotics field.This round of financing was led by Prime Movers Lab, with participation from German industrial giants Schaeffler and Bosch, Taiwan's Fubon Financial Holdings venture capital, and LVMH Arnault family's investment firm Aglaé Ventures. After this financing, Humanoid's total funding amount has reached $270 million.

Bitget launches a U.S. stock earnings report guessing event, which will run from July 21 to mid to late August. During the event, users can complete stock spot (rToken) or stock derivatives trading tasks to obtain guessing tickets and participate in the U.S. stock earnings report rise and fall guessing. The guessing results will be determined by comparing the "closing price on the first trading day after the earnings report is released" with the "closing price on the last trading day before the earnings report is released."The event will gradually open different guessing sessions based on the U.S. stock earnings report release times, with the first batch covering targets such as Tesla, Google, and Intel. The total prize pool for each session is 10,000 USDT, with the winning and losing prize pools split at a ratio of 70% to 30%, and an individual can win up to 1,000 USDT per session. For more details, please refer to the Bitget official platform.

Binance will remove the following leveraged trading pairs on July 24, 2026, at 14:00: Full margin trading pairs CYBER/USDC, DOLO/USDC, PIXEL/USDC, STEEM/USDC; Isolated margin trading pairs DOLO/USDC, PIXEL/USDC, STEEM/USDC. Users are advised that the relevant assets will be automatically liquidated and settled on the same day, and it is recommended to close positions in advance.