The updated draft of the U.S. CLARITY Act will reduce users’ risk of being classified as general unsecured creditors.

According to HTX market data, Bitcoin has fallen below $64,000, currently trading at $63,981.00, with a 24-hour decline of 1.51%. Earlier, prominent trader Killa (@KillaXBT) noted, “Binance’s plunge protection team is back. Typically, when large buy orders start lining up just below the price, market makers and algorithms tend to temporarily front-run them.” His screenshot shows multiple horizontal lines appearing below Bitcoin’s current price starting around $62,000, with the densest and most prominent buy wall located near and below $58,000. A similar scenario occurred during the market-wide crash night on June 6.

According to Lookonchain’s monitoring, a whale has been continuously shorting Changxin Technology (CXMT). The whale currently holds a short position of 1.44 million CXMT, valued at $9.18 million, and also has pending limit short orders for CXMT worth $2.55 million waiting to be filled. The current liquidation price is $15.14.

July 24 Update: #Bitcoin ETFs: 1D NetFlow: -3,507 $BTC(-$225.56M)?? 7D NetFlow: +6,063 $BTC(+$389.93M)?? #Ethereum ETFs: 1D NetFlow: +12,522 $ETH(+$23.32M)?? 7D NetFlow: +99,239 $ETH(+$184.78M)??

Nvidia CEO Jensen Huang registered an X account today and posted his first tweet, sharing an open letter co-signed by Nvidia titled "Open Weights and U.S. AI Leadership". This development has sparked discussions not only in the AI industry, but also in the crypto space, which has shown its own "welcome" to Huang. On-chain meme speculation targeting Jensen Huang is surging. As of press time, Jensen Huang-themed meme coins have emerged on Solana, BSC, and Robinhood Chain, with active trading. BlockBeats reminds users that meme coins are highly volatile, so investors should exercise caution.

US stock market opens: Dow Jones rises 0.17%, S&P 500 gains 0.07%, Nasdaq falls 0.12%. According to market data from BIT (bit.com), star tech stocks show divergent trends: Oracle climbs nearly 2%, AMD and Microsoft advance over 1%; Micron Technology drops 3%, SpaceX falls nearly 2%, Apple gains 0.9%, Nvidia declines 0.26%, Broadcom slips over 1%, and SK Hynix ADR falls 3.85%. Storage stocks face downward pressure: Western Digital (WDC) drops 2.38%, Seagate (STX) falls 2.17%, SanDisk (SNDK) declines 3.83%. Neo-cloud concept stocks also see broad losses: NBIS falls 5.43%, while IREN and CRWV drop over 4%.

Oracle Corp's 5-year credit default swap (CDS) rose to a record high of around 203 basis points, meaning the annual cost of purchasing default protection on every $10 million of the company's debt is roughly $203,000. Oracle's CDS has more than quadrupled since mid-2025, even surpassing its peak during the 2008 financial crisis. On the other hand, the company's borrowing costs are also climbing: the spread on its 6.7% bond maturing in 2056 widened by 8 basis points to 263 basis points on Monday, while the spread on its 5.7% bond maturing in 2036 rose by 9 basis points to 205 basis points. Meanwhile, S&P Global Ratings downgraded Oracle to BBB- on July 9, one notch above junk status, citing its rapidly growing AI-related spending. Oracle's credit risk has reached crisis-level territory.