LightsInTheMistyValley

Coin World News, according to Lookonchain monitoring, a whale previously shorted Bitcoin, Ethereum, and Solana with 20x leverage and profited $4.4 million after closing the position. Subsequently, the whale opened a new high-leverage short position, shorting 912.9 BTC with a notional value of approximately $54.55 million, and shorting 10,025 ETH with a notional value of approximately $15.65 million.

CICC research report states that since March, gold has retreated, once falling below $4,000 per ounce, with a drawdown of over 25%. The US-Iran conflict has pushed up oil prices and inflation, and the market is concerned about inflation persistence. At the June FOMC meeting, Warsh's debut was hawkish, the dot plot revised inflation expectations, and half of the voting members supported at least one rate hike this year. The market still sees inflation control as the Fed's core, with futures pricing one more rate hike each in 2026 and 2027, and a stronger dollar suppressing gold. The report says US inflation may have peaked and could decline in the second half of the year. Warsh's debut does not mean a complete shift to tightening, and the gold pullback is not the end of the bull market. It recommends buying on dips and waiting for a turnaround.

CryptoWorld News reports that AAVE founder Stani Kulechov has criticized the UK's stablecoin regulation, warning that the Bank of England's 30% non-interest reserve rule could force issuers to move overseas.

CryptoWorld News reports that, according to Hong Kong 01, a study commissioned by the Hong Kong Investment and Financial Education Council (ifec) and carried out by The Hong Kong Polytechnic University shows that compared with 2022, Hong Kong virtual asset investors’ herd behavior, tendency toward excessive risk-taking, and reliance on past experience have all declined. The survey shows that FOMO (fear of missing out) remains one of the most common behavioral biases. The study suggests that after Hong Kong implemented a virtual asset platform regulatory regime in 2023, investor behavior improved. The survey visited 1,000 Hong Kong virtual asset investors at the end of 2025.

CoinWorld reports that on-chain investigator Zachxbt posted that an Indian user recently reached out to him for help, saying that 5.73 BTC (about $475,000) was “unfairly frozen” on Changelly in March 2025. After tracking the funds, Zachxbt found that the source can be traced to social-engineering theft targeting U.S. users, involving U.S. exchanges and Bitcoin ATMs. He said that, since 2025, a high-confidence theft cluster related to this has stolen more than $1 million from victims, including multiple elderly people. Zachxbt stated that the user’s claims about the source of the funds changed multiple times, and that he had previously reported the frozen funds to Indian authorities, which led to self-incrimination. He suspects the user is acting as a courier for his superior, “mr parveen,” and warned people not to use stolen funds to seek his help.

DeFi yield protocol Pyra announced that it will gradually shut down and cease operations. It stated that the business and users were severely impacted by the Drift vulnerability incident, and it has been unable to find a sustainable operational plan in recent months. Pyra indicated that all user balances are still withdrawable, new registrations have been stopped, and existing Pyra cards have been canceled. The team will launch a web portal for users to withdraw funds, manage open positions, and assist with token distribution once Drift resumes token trading. Users must withdraw and export their private keys by September 15, 2026.

Crypto news. Coinbase convened a cryptography advisory committee that believes quantum computers currently do not pose an immediate threat to blockchain, but the Bitcoin community should start planning for post-quantum signature migration. The committee pointed out that approximately 6.7 million BTC may face future quantum attack risks, with about 1.7 million of those located at early addresses, many related to Satoshi Nakamoto or lost private keys. The current controversy centers on whether, in the future, assets at vulnerable addresses that have not migrated to quantum-resistant signatures should be frozen or restricted, but the committee refused to choose a single optimal solution, stating that the relevant issues should be decided by the Bitcoin community, and preparations for the technical migration to post-quantum signatures should begin as early as possible.

CryptoWorld news reports that Standard Chartered analyst Geoffrey Kendrick said that Bitcoin has reached a bottom of $59k, and noted that the SpaceX IPO and the US-Iran peace agreement are catalysts for ending the cryptocurrency sell-off.

CryptoWorld News reports that on the 3rd, French Prime Minister Lecorne stated in France’s National Assembly that Israel should stop its military operations within Lebanon and end its illegal occupation of Lebanon, saying that Israel’s continued fighting in Lebanon “has no legitimate reason” and that “destroying an already fragile ceasefire is unacceptable.” He said that the Lebanon issue directly affects the current US-Iran negotiations.

Mars Finance news: according to Jintiao, most U.S.-listed China concept stocks are up in premarket trading. Li Auto (LI.O) is up 7.5%, Alibaba (BABA.N) is up 6%, JD.com (JD.O) is up 5%, Bilibili (BILI.O) and NIO (NIO.N) are up 4%, and Baidu (BIDU.O) is up 3%.

Best Buy sells Tangem self-custody hardware wallets through bestbuy.com and over 200 stores in the United States, expanding retail coverage in the U.S. and making it easier for users to store assets outside of decentralized platforms. Tangem states that listing makes the wallets safer and more user-friendly, covering 170 countries, supporting over 16,000 tokens and more than 90 chains, with a security architecture validated on six million devices without being compromised. 88% of assets are still stored on centralized exchanges, and the expansion aims to lower the barrier to self-custody.

CryptoWorld News report: According to Iran’s Mehr News Agency, the sounds heard on Qeshm Island and in the port of Abbas are due to the destruction of leftover war explosives.