[Dallas Fed Economists Analyze: Tokenized Deposits May Weaken U.S. Banks' Lending Capacity] According to a report by CoinDesk, Dallas Fed economists estimate that tokenized deposits increase depositors' interest rate sensitivity by 10%, reducing U.S. banks' ability to absorb long-term interest rate risks by $700 billion. If 10% of deposits were to flow out prematurely, this capacity would decrease by $580 billion. Instant settlement, smart contracts, and AI agents enable depositors to transfer funds instantly. Banks may respond by raising deposit rates, increasing reserves and U.S. Treasury holdings, or relying on term debt, which could impact credit costs for consumers and businesses.

[Alibaba Completes Placement of 710 Million New Shares, Raising Approximately HKD 80 Billion] Alibaba (09988.HK) has completed the placement of 710 million new shares at a placement price of HKD 112.7 per share, with total proceeds of approximately HKD 80 billion and net proceeds of approximately HKD 79.7 billion.

According to a Reuters survey, the S&P 500 index is expected to reach 7900 points by the end of 2026, higher than the 7620 points surveyed in May; The Dow Jones Industrial Average is expected to reach 54500 points by the end of 2026, higher than the 52500 points surveyed in May.

PPP prediction market tool monitoring shows that the probability of ETH hitting $2500 in the remaining time of August on Polymarket has risen to 86%, with a 36% increase in 24 hours. The market is based on Binance ETH/USDT trading pairs. If the highest price of the candlestick in any minute during August is equal to or higher than $2500, the settlement is considered Yes.

Avalanche Treasury Company (AVAT) announced its Q2 2026 financial report, with a net loss of $44.7 million and a loss of $1.54 per share. The board of directors approved a $10 million stock repurchase plan. The loss includes $35.7 million in AVAX position volatility losses, $15.2 million in consolidation transaction fees, and $3.5 million in management fees. As of June 30, 2026, AVAT holds 15.3 million AVAX tokens worth $100 million, with a pledge income of $1.5 million in the second quarter and a cumulative pledge income of $3.6 million in the first half of the year. （Businesswire）