Upbit will launch GRVT token and start trading on August 5th

Arthur Hayes, co-founder of BitMEX, stated that the $FLOP token airdrop will be distributed based on users' activity on the testnet. The testnet token faucet will be deployed on Technocore.chat and is only accessible to agents holding DID keys. Specific rules and operational procedures will be announced later.

Bitcoin rebounded about 25% last week and broke through $80000, with the weekly RSI rising to 58.3, the highest level since reaching a historic high of $126200 in October 2025, and showing a bullish divergence. Jamie Coutts, Chief Crypto Analyst at Real Vision, believes that the weekly bullish divergence has reference value in determining the turning point of the cycle. The daily RSI of Bitcoin has risen to 82.93, the highest level since November 2024. Bitcoin's two month stochastic RSI has shown a golden cross, with the low point reaching 4.81. There is a divergence in the market regarding whether the macro bear market for Bitcoin has ended.

[Nikita Bier: X Plans to Launch Cryptocurrency Trading Button, Supporting Token Contract Address Display] According to former X product lead Nikita Bier, X now supports users adding Solana and Ethereum charts in posts and plans to soon launch a trading button. Users will be able to paste the contract address of newly issued tokens. The strengthening of the crypto market is related to the U.S. Treasury's announcement of bond buybacks and the depreciation of the dollar.

Bybit today added three perpetual contracts for the US stock market, namely INTUUSDT, Roundhill T-Rex 2x DRAM ETF (RAMUSDT), and DJTUSDT, with a maximum support of 25 times leverage. The limit order rate for the same period is 0%, and the market order rate is 50% off.

US President Trump has stated that the United States is considering renaming Lake Ontario as American Lake, as it is expected that the US will not conduct too much business with Ontario in the future.