HIP-3 Open Interest Contract Volume Reaches a Historical High

The number of initial jobless claims in the United States for the week ending July 18th was 187000, with an expected 212000, and the previous value was revised from 208000 to 209000. (Golden Ten) AI interpretation: The data is significantly lower than expected and at a historical low, directly proving that the demand in the US labor market is extremely strong. This unexpected resilience completely shattered the market's illusion of job cooling and further consolidated the confidence of the Federal Reserve in maintaining high interest rate policies. The strong employment performance has eliminated concerns about short-term economic recession, forcing the market to reprice the pace of interest rate cuts and postpone expectations of easing. This result clearly points to the risk of economic overheating and poses substantial tightening pressure on financial markets.

Trader @ Jason60704294 closed 300 BTC and made a profit of $157000. Currently, he still holds 2379.23 BTC, worth approximately $157 million, with a floating profit of $1.34 million. (Auntie Ai)

CryptoRank data shows that the cumulative trading volume of on chain perpetual contracts has exceeded $15 trillion. From 2024 to 2025, the transaction volume will increase by 200%, and Hyperliquid and other perpetual DEX will drive the expansion of the on chain perpetual contract market. Since January 2026, Hyperliquid has accounted for 30% of the total transaction volume.

Coinbase has released a blog post introducing its preparations for quantum cryptography. It plans to develop PQ CoreKMS, which supports post quantum signature algorithms, to protect 99.9% of custodial assets. In August, it will hold a post quantum migration seminar with Stanford University and support open source proposals such as BIP-360 as a founding member of the Bitcoin Security Alliance. Jeff Lunglhofer, Chief Information Security Officer of Coinbase, pointed out that the industry needs to prepare in advance for future quantum computing threats.

The futures of the three major stock indexes in the US fell, with the Nasdaq 100 index falling more than 1%, the S&P 500 index falling 0.73%, and the Dow Jones Industrial Average falling 0.83%.