Coinbase CEO’s profile picture change drives sharp gains for B20 meme coin Brain, with its market capitalization briefly hitting $30 million.

According to HTX market data, Bitcoin has fallen below $63,000, currently trading at $62,968.46, with a 2.98% drop in the past 24 hours.

According to a Wall Street Journal report, sources familiar with the matter disclosed that Meta Platforms (META.O) has hired the head of computing business at Amazon Web Services (AWS) and is weighing an entry into the cloud services sector.

According to HTX market data, SOL has fallen below $75, currently trading at $74.99, with a 2.92% decline in the past 24 hours.

Ethereum researcher Leo Glisic has released the "Privacy Guardians 2.0" proposal on a research forum. The proposal proposes using the Privacy Guardians alternative to replace enterprise-controlled on-chain payments, aiming to keep on-chain payments as privacy-preserving as possible while remaining operational on the blockchain. The system features an interactive multi-component architecture, including a private payment mechanism, insurance mechanism, honeypot and claim process, exchange rate processing, liquidity pools, and metadata management.

According to Hyperinsight monitoring, HYPE has plunged back to $59.6, logging a 10.5% drop in the past 24 hours. The whale account linked to the alleged "HYPE listing insider" has seen its one-day fund withdrawal expand to $8.9 million. The whale currently holds a 5x leveraged long position of 1.38 million HYPE, with a position value of approximately $82.6 million, an average entry price of $38.67, and a return of around 274.6%. It has maintained a long base position since last October, and has suffered over $4.03 million in funding losses so far. It has repeatedly transferred out floating profits and margin after price rallies; data shows $1.9 million in USDC was withdrawn from the account on July 12. As the account’s margin continues to shrink, its liquidation price has risen further to $55.87. As of press time, the account is valued at roughly $12.28 million, while margin used stands at around $16.536 million. HYPE’s current price is just $3.74 (or 6.5%) away from its liquidation line. If the position and account margin remain unchanged, the $82.68 million long position will enter the liquidation zone when the mark price drops to around $55.88. Note: Withdrawals reduce available margin for cross positions, and the liquidation line fluctuates based on factors including account equity and funding fees. Previous update: "HYPE’s largest long holder" withdrew $9 million in margin, having pocketed over $30 million in cumulative floating profits.

According to Alchemy data, developer activity on Robinhood Chain has risen to second place in the public blockchain rankings, second only to Ethereum. Base, Polygon, and BNB Chain rank third, fourth, and fifth respectively.