🚨 Following BitMEX, the cryptocurrency exchange Bitmart has announced its impending closure, as detailed in a recent tweet. The registration of new users has been halted, and the exchange is set to shut down on August 26. The native token of the exchange, #BMX, has plummeted by 60%.

🚀 Hydropower has surpassed natural gas to become the largest energy source in the Bitcoin mining industry, according to a recent Cambridge study.

⚠️✴️ Bitcoin spot ETF flows remain stagnant as BTC trades within the range of $70,000 to $58,000. The consensus remains unchanged: signs of a potential bottom formation have emerged, but a "mass capitulation" in the market has yet to occur. The possibility of a "final" drop to the $50,000 to $40,000 range still exists.

💥🇺🇸 FBRX surged by 40%, while AGRX remained unchanged at 0%. In a significant development, argenx is acquiring Forte Biosciences for $77 per share.

🚀 Nvidia and Naver are set to launch an AI agents platform in South Korea in the second half of the year. Previously, it was reported that Nvidia invested $1 billion in the South Korean cloud operator Naver. For more information, visit this link.

🌟🇺🇸 Strategy did not buy or sell BTC last week. The firm raised an additional $544 million through a stock issuance for MSTR and conducted a $25 million buyback of STRC shares. Additionally, Strategy has increased its cash reserves, now covering over two years of future dividend payments for STRC.

🚫🛢🇪🇺 Europe is set to face the upcoming winter with record-low energy reserves in recent years, as conflicts in the Middle East and Ukraine have impacted the supply of LNG and diesel — RTRS.

🛢 Oil risks are far from over, warns BBG. Oil prices have dropped nearly 10% following the Trump administration's decision to pause intensified strikes on Iran. However, analysts caution that the sell-off may be premature. Shipping through the Strait of Hormuz remains heavily disrupted, Houthi attacks threaten routes through the Red Sea, and Ukraine's strikes on Russian oil infrastructure add further supply risks. Should these disruptions worsen, oil prices could rebound quickly.

🚨 The United States has reported a 0.3% month-over-month increase in Durable Goods Orders for June, falling short of expectations of 1.6%. This marks a notable change from the previous month's decline of 4%. For more details, visit here.

🇺🇸🇨🇳 China has announced that the United States has committed to capping replacement tariffs on Chinese goods at 20%. This follows President Trump's implementation of new global tariffs at 12.5%. The Chinese Ministry of Commerce stated that this commitment was made during bilateral trade negotiations. With the current replacement tariff at 12.5%, it seems Beijing indicated that the U.S. has room for an additional 7.5% increase until reaching the stated cap. — BBG

✨ The company BitMine, led by Tom Lee from Fundstrat, purchased an additional 9,946 ETH last week. This acquisition brings their total holdings to over 5.787 million ETH, representing approximately 4.8% of the total supply.

🚗 Porsche has announced plans to cut an additional 5,000 jobs by 2035 as part of its second restructuring package.

🚀 Kraken is set to acquire the crypto wallet business Magic Labs. The transition will take place under Payward Services, with Magic Labs rebranding as Newton Labs. The new entity will focus on the Newton Protocol.

🌟 An increasing number of companies, which previously rebranded to focus on purchasing cryptocurrency for their balance sheets, are now shifting their attention to AI business. This comes as their stock prices have plummeted by tens of percent alongside the crypto market. The move aims to regain investor confidence, as reported by BBG.

🛢🇷🇺 The ruble tax price of Russian oil in July was 19% lower than the budget target, according to calculations by RTRS. From July 1 to 24, the ruble tax price for Russian oil stood at 4,406 rubles per barrel.

🇨🇭 The Swiss National Bank is expected to maintain its interest rate at 0% until the end of 2027, according to sources from Bloomberg.

🚀 Nvidia is investing in Safe Superintelligence, although the terms of the deal have not been disclosed. Safe Superintelligence was co-founded by Ilya Sutskever, a co-founder of OpenAI.

✨ Strive Asset Management, led by Vivek Ramaswamy, former partner of Elon Musk at the Department of Government Efficiency (DOGE), has acquired an additional 79 BTC. This purchase has brought the company's total balance to over 20,000 BTC.

🚫🛢️🇸🇦 Satellite images reveal a fire at a tank in a Saudi oil refinery in Jazan following an attack, according to reports from BBG.

🇷🇺 The share of non-residents in Russian OFZ bonds decreased to 3% in June 2026, according to the Central Bank of Russia.

✨🇺🇸 Circle, the issuer of the USDC stablecoin, has acquired nearly 1,000 blockchain technology patents from IBM, becoming the largest holder of blockchain patents in the United States. For more information, visit here.