ChannelBreaker

A Nasdaq analysis said it is bearish after Alphabet’s earnings report, with consolidation around 29,100 and no breakout above 29,300. The range is 29,020-29,195; a drop below 29,020 would be bearish, while a breakout above 29,195 may see a rebound. Second-quarter revenue was $119.8 billion, up 24% year over year. Google Cloud was $24.8 billion, up 82%. Operating income grew 30%. Despite strong AI demand, quarterly capital expenditures were about $44.9 billion and free cash flow was about negative $5.9 billion. The 2026 capital expenditure guidance was raised to $195.0-$205.0 billion, exceeding the prior $180.0-$190.0 billion range.

CoinWorld news: According to data from S3 Partners, about 206 million shares of SpaceX stock are currently being shorted, accounting for about 32% of publicly traded shares available for trading. The nominal short position size is about $25 billion. SpaceX will release its first quarterly earnings report since going public after the close of U.S. stock trading on August 4. In recent weeks, SpaceX short positions have continued to increase: last week, about 185 million shares were shorted, representing about 29% of outstanding shares. About one month ago, it was estimated that the short position was about 40 million shares, accounting for roughly 5% to 7%.

According to ChainBBS news and SlowMist monitoring, the decentralized tipping protocol Drips Network was attacked, resulting in losses of about 24.9k DAI. SlowMist’s analysis shows that the root cause of the attack was an integer type conversion flaw in the give (address,uint128) function in the daidripshub contract. This function converts a uint128-typed amount to int128 without verifying whether the input parameter exceeds the maximum int128 value. By passing a specific value outside the int128 range, the attacker caused the converted amount to become negative, reversing the transfer direction. The reserve pool contract then executed abnormal withdrawals from its funds to the attacker’s account, ultimately exhausting the reserve funds.

Crypto news, Fidelity’s international APAC digital asset strategy strategist Giselle Lai said that the true value of tokenization lies in asset-liability management rather than just 24/7 liquidity. She noted at the Tokyo WebX conference that global institutions need to hold cash across multiple bank accounts to meet regulatory requirements, manage currency risk, and ensure they can meet demand. Tokenized assets may offer companies a more efficient way to manage assets and liabilities. Currently, tokenized money market funds have become the most popular tokenized product, supported mainly by US Treasuries, and they now manage more than $15 billion in assets. According to Grand View Research projections, the tokenization market is expected to reach $24.5 trillion by 2033, and some industry estimates suggest it could reach $8.8 trillion by 2035.

CoinWorld News: U.S. Federal Reserve Chair Kevin Wosch said that AI opportunities pose challenges for decision-makers, and he is monitoring the impact of AI on inflation and the labor market.

CoinDesk reports that Japan’s SBI has announced it will open yen stablecoin (JPYSC) lending applications on July 16, and it will not provide deposit insurance.

Jubai Jie.com news: According to reports by Iranian TV, Iran says that due to the U.S. military violating the memorandum of understanding, the Strait of Hormuz remains closed. The purpose of closing the Strait of Hormuz is, in accordance with the memorandum of understanding between Islamabad and Iran, to establish Iran’s sovereignty over the strait.

CoinJie news: Circle has recently minted another $500 million worth of USDC; to date in 2026, a total of $675.1 billion has been minted.

Crypto News: According to Whale Alert monitoring, 316,000,000 USDT (about $315.7 million) were transferred into an unknown wallet.

CoinWorld news: The whale increased its short position on smsn by 1,748.14 units, worth approximately $312,329.46, bringing its total position size to $3,446,880.73. The average price has fallen from $203.49 to $201.93. The current profit/loss on this short position is +$274,060.21 (+31.44%). The current price is $187.06, and the liquidation price is $223.20. This address prefers to top out and short various assets; it is currently the largest short seller of SK Hynix. Overall, it is still in a loss position, with a monthly loss of about $6 million.

CoinWorld News: OnchainLens reports that a newly created wallet withdrew 5,926 ETH from a platform, worth approximately $9.29 million at current prices, and sent it for staking.

Fidelity's "2026 Look Ahead" shows that by the end of 2025, the number of listed companies holding at least 1,000 BTC increased from 22 to 49, accounting for nearly 5% of the total supply. By early June 2026, the number of listed companies holding BTC increased to approximately 170–199, holding a total of about 1.26M BTC, representing about 6% of the total supply, with a price of approximately $76 billion. The top three holders are Strategy with about 847k BTC, Twenty One Capital with about 43.5k BTC, Metaplanet with about 40k BTC, and MARA Holdings with about 36k BTC.

CoinWorld news: the social influence analytics platform xhunt today released version v0.3.4, officially expanding from Web3 social analytics into both AI and Web3. This version first introduces an AI social influence system, launching features including an AI KOL influence ranking, AI KOL capability analysis, and real-time AI hot trend tracking. The AI KOL capability analysis model rolled out by xhunt evaluates creators’ value across dimensions such as content performance, influence diffusion, interaction quality, and topic engagement. In addition, the Web3 hot list has simultaneously added a Chinese-language KOL interaction leaderboard and an 8-hour hot tweet ranking, and the multimedia section has been upgraded to aggregate popular videos and long-form articles. Currently, xhunt v0.3.4 is officially available for download and updates.

CryptoWorld News reports that, according to Whale Alert monitoring, the USDC treasury has just minted 250 million USDC, which is approximately $250 million based on the real-time price.

CryptoWorld News reports that Seema Shah, Chief Global Strategist at Principal Asset Management, stated that the U.S. inflation rate remains at an unsettling high of 4%, but the weaker-than-expected core data has indeed eased some pressure. Since the rise in energy prices is the main driving factor and housing costs have eased, we have not yet seen clear signs of a broader second-round effect. This should allow the Federal Reserve to remain patient. Although the market seems to be overpricing further rate hikes this year, that risk still exists, and today’s data has not eliminated that risk.

According to Bits Media, the Russian Ministry of Finance stated that although market participants are calling for non-custodial wallets to be incorporated into the "legal system," the Ministry is currently only considering opening them to a very limited number of specific legal entities after enforcement practices are established, through legal experiments or pilot mechanisms, and will definitely not open them to retail investors. The Ministry emphasized that while Russia does not plan to ban holding non-custodial wallets, when withdrawing assets from domestic legitimate crypto custody institutions and exchanges, withdrawals will only be allowed to custodial wallets with mandatory identity verification (KYC), and transfers from Russian custody wallets to overseas non-custodial wallets are strictly prohibited. Additionally, the draft law "Digital Currencies and Digital Rights," which is preparing for a second review, may introduce new provisions, including imposing additional fees or restrictions on certain crypto activities, such as stablecoin USDT.

CryptoWorld News: Stripe, Visa, MasterCard, and Coinbase are forming an alliance, planning to launch a new stablecoin to compete with Circle and Tether.