Analysis: Bitcoin's MVRV percentile drops to 5%, a level that historically typically marks the long-term bottom zone.

Circle Internet Group, Inc. announced it will release its second quarter (Q2) 2026 financial results on Wednesday, August 5, 2026. The company will host a live video stream at 20:00 Beijing Time that day to present the Q2 financial performance and business updates.

According to official announcements, Galaxy today launched the "Bitcoin Quantum Security Initiative"—a multi-faceted program aimed at helping Bitcoin mitigate potential threats from advancing quantum computing. The initiative consists of three core components: providing developer grants of up to $5 million to support R&D of post-quantum cryptography solutions for Bitcoin; establishing a dedicated research and publication program through Galaxy Research to advance quantum security-related studies; and forming a Quantum Advisory Board, which will bring together top experts in quantum computing and post-quantum cryptography to guide Bitcoin’s quantum security efforts. Bitcoin’s current security relies on elliptic curve cryptography. Theoretically, this cryptographic system could be compromised once a sufficiently powerful quantum computer is developed. While no quantum computer capable of cracking modern cryptography exists globally today, industry forecasts suggest the timeline for achieving this breakthrough is accelerating. The U.S. National Institute of Standards and Technology (NIST) officially released its first batch of post-quantum cryptography standards in 2024. Furthermore, a recent U.S. executive order requires the federal government to complete deployment of quantum attack protection for traditional cryptographic systems by 2031, further highlighting the urgency of quantum security concerns.

According to a Reuters report, the Chief Minister of Malaysia’s Johor state said on Tuesday that the Johor state government has taken note of and fully supports the decision made by a special meeting of the municipal council: to revoke the business license of NS0 Malaysia Sdn. Bhd. (Network School) located in Forest City, and order it to cease all operations with effect from July 22, 2026. He added that the decision was made in accordance with due process and relevant laws, following a comprehensive review of law enforcement inspection reports, investigation findings, and the company’s submitted representations. Network School had previously drawn widespread attention over allegations on social media, with some netizens claiming the project had received participants from Israel, a country with which Malaysia does not maintain diplomatic relations.

Changxin Technology announced that the issuance results of its initial public offering (IPO) of shares and listing on the Sci-Tech Innovation Board (STAR Market) have been released. The offering price is set at RMB 8.66 per share, with an initial issuance of 6.688 billion shares, accounting for approximately 10% of the company’s total share capital after the offering. The final strategic placement volume is 1.667 billion shares, and the final online issuance subscription rate is approximately 0.47141739%. Online investors subscribed for 3.845 billion shares, with 6.5862 million shares waived; offline investors subscribed for 2.173 billion shares, with 31,567 shares waived. The joint lead underwriters underwrote 6.6178 million shares, with an underwriting amount of RMB 57.3101 million. Prior to the exercise of the over-allotment option, the issuance expenses amounted to RMB 281 million.

According to official sources, Tether International, S.A. de C.V. — the controlling shareholder of Twenty One Capital — announced today that its board has appointed Raphael Zagury as the new CEO of Twenty One Capital. Current Twenty One Capital CEO Jack Mallers will step down to focus fully on the development of Strike. To ensure a smooth management transition and business continuity, both parties are collaborating on an orderly handover of responsibilities.

Contract whale "Set 10 Big Goals First" posted that in his last trading round, he used 150 BTC to open a position targeting $150 million. He once realized a maximum profit of $120 million, but misjudged the direction when BTC dropped from $120,000, wiping out all his gains and only retaining his principal plus a small profit. For this round, he used 300 BTC to open a position targeting $300 million, and has now realized a profit of $60 million. "Set 10 Big Goals First" added that he has continuously established trading rules and formed good habits. He strictly learned risk control discipline from the lesson of last round's full profit wipeout: one can miss opportunities or make wrong judgments, but must refuse any risk of being liquidated in a single wave. This morning, he shared his trade details: he went long Bitcoin with 4x leverage, with an average entry price of $63,827.06. His current long position is approximately 2,358.05 BTC, worth $150 million. With BTC breaking through $66,000, his unrealized profit may expand to $5.15 million.