Current funding rates across major CEXs and DEXs show the market has returned to significant bearish sentiment.

According to a report from China Securities News, at the online investor exchange meeting for Unitree Technology’s STAR Market listing, an investor asked about the impact of the U.S. robot sales ban. Fu Fenghua, secretary of Unitree’s board of directors, responded that all of the company’s currently available main models—including humanoid robots G1, H2, R1 and quadruped robots Go2, B2, A2—have obtained FCC certification and fall under the category of advanced robotic equipment specified in the relevant announcement. Therefore, the policy change will not affect the continued sales of the company’s existing core products in the U.S. market for now.

According to CCTV International News, US President Donald Trump will convene executives from some of the world’s largest mining companies at the US State Department on local time August 7, aiming to take action to "ensure the supply of critical minerals for the United States and its allies". Reuters reports that the US is currently in urgent need of critical minerals to replenish its weapons stockpiles depleted during the conflict with Iran. Expected industry giants to attend include global mining leader Rio Tinto, Australia’s BHP Group, US-based Freeport-McMoRan Copper & Gold, US’s Mountain Pass Materials, US Rare Earths, US Energy Fuels, and Canada Metal Company, among others. According to sources, the Trump administration plans to announce multiple transactions and memoranda of understanding (MOUs).

According to U.S. Securities and Exchange Commission (SEC) filings, Alphabet (GOOG.O) reported holding 551.2 million Class A shares of SpaceX (SPCX.O).

According to Bitget market data, spot silver surged 5.00% intraday, currently trading at $64.60 per ounce. Spot gold extended its gains to hit a new high since June 18.

Bernstein announced it has raised SpaceX's (SPCX.O) price target from $239 to $248.

CryptoQuant analyst Axel Adler Jr. published a post noting that Bitcoin’s Long-Term Holder Spent Output Profit Ratio (SOPR) has fallen to 0.92, a sign that long-term holders are capitulating. However, Bitcoin’s price remains 30% higher than this group’s average cost basis of $49,300, with primary selling pressure still centered on short-term holders.