The clock is ticking for the 'Clarity Act':
Only 14 working days left before the Senate's August recess,
A successful push could significantly shorten the bear market duration.
In the past 7 days, only 5 public chains have generated fees exceeding $1 million, with Solana ranking first with $7.01 million, followed by Tron ($5.55 million), Ethereum ($4.42 million), BNB Chain ($3.98 million), and Bitcoin ($1.71 million).
Nvidia is in talks to acquire open-source heavyweight AI model developer Reflection AI, or increase its investment in it. Reflection AI's latest round of financing is valued at $25 billion, with Nvidia being one of its investors (source: Bloomberg)
[U.S. President Trump and Israeli Prime Minister Netanyahu Communicate on Striking Iran Again]
U.S. President Trump and Israeli Prime Minister Netanyahu have been engaging in frequent and urgent communications regarding the possibility of a joint U.S.-Israel military strike on Iran. No final decision has been made yet. Netanyahu has no intention of taking military action before Israel's parliamentary elections at the end of this month. The Israeli military is currently assessing the U.S.'s inclination to resume military actions against Iran and is making preparations. (Source: Jin10 Data)
CZ claims that the accusations are far fetched. Binance stated that Bitcoin hit bottom at 05:20 (UTC+8) and the de anchoring event began at 05:36 (UTC+8); Ethena and Dragonfly's Haseeb Qureshi stated that the timeline does not match. Star Xu replied that Bitcoin fell first, and the leverage cycle exacerbated the decline.