Williams: If inflation does not fall back to 2% as scheduled, the Federal Reserve will take action

Three economists used approximately 38 trillion token data on OpenRouter to construct an AI usage index and conduct backtesting on US stocks. The study covers the period from January 2024 to April 2026, and the results show that the strategy of buying high exposure groups and shorting low exposure groups generates an average weekly yield difference of 0.641 percentage points. After controlling for relevant factors, the difference is still about 0.56 percentage points. This method is limited by the sample period and data coverage, and its long-term effectiveness needs to be verified.

[Bernstein Analysts Say Clarity Act Passage Unlikely, SEC and CFTC to Accelerate Rulemaking] According to The Block, Bernstein analysts indicate that the probability of the U.S. Clarity Act passing by 2026 is decreasing. If the bill fails, the SEC and CFTC will accelerate rulemaking under the Project Crypto framework, covering token classification, DeFi, and self-custody regulatory details, while advancing areas such as tokenized real-world assets (RWA), perpetual contracts, and prediction markets. CFTC Chairman Michael Selig has warned that if Congress fails to act, regulatory agencies will be forced to take on all rulemaking responsibilities. Currently, Senators Thom Tillis and Ruben Gallego have submitted a revised ethical compromise proposal, with negotiations still ongoing.

CryptoOnchain analysis points out that Bitcoin's long dormant supply has reappeared and miner stress indicators have been triggered, and this combination has often appeared before long-term consolidation periods in history. （CryptoQuant）

[Markus Thielen: Bitcoin Closing Above $63,000 in August Could Confirm Bear Market Bottom] Markus Thielen, founder of 10x Research, pointed out that if Bitcoin's closing price in August stabilizes above $63,000, it will trigger a bullish signal on cyclical indicators and confirm the bear market bottom. Bitcoin is currently priced at approximately $63,140. 10x Research leans toward holding long positions but will shift to a neutral stance if Bitcoin breaks below key support levels. The report highlights risks: a rise in the 10-year U.S. Treasury yield could force the Federal Reserve to raise interest rates in September, miners transitioning to AI businesses may bring selling pressure of approximately 100,000 BTC, and Bitcoin treasury companies closing positions could create supply-side pressure.

Binance Wallet launches the fifth season of on chain trading competition, where users can share a 50000 USDT prize pool by trading designated tokens on the BSC chain. The event will take place from 18:00 on August 3rd to 18:00 on August 17th (UTC+8). （Binance Wallet）