Prominent trader: If BTC falls below $60,000, it may further dip below $57,000 in August.

Dark Side of the Moon (Kimi) issued a solemn statement, noting that in response to illegal and criminal activities involving false financing conducted under its name in the market, the company has reported the case to public security authorities and vowed to pursue accountability to the fullest extent. The firm emphasized that there are no so-called "friend funds" or "special channels", no so-called "old share allocations" or "reserved quotas", nor any so-called "official agents" or "authorized intermediaries". It reminded market participants to be vigilant against related false information and suspicious transactions.

According to Axios, two weeks ago, Israeli Prime Minister Benjamin Netanyahu met with US President Donald Trump in the Oval Office, where Trump asked Netanyahu about his poll numbers ahead of the October 27 general election. Netanyahu paused in silence for a moment before one of his advisors interjected: "Mr. President, he’s leading." Netanyahu’s lead is not substantial. Despite repeated queries from reporters, Trump has not yet provided the support Netanyahu had expected. Trump could still change his mind, but with only 75 days remaining until the election, Netanyahu is running out of time. Netanyahu’s current ruling coalition is polling at just 49 to 53 seats—far below its current 68 seats and short of the 61 seats needed to form a government. Meanwhile, Israel’s opposition holds 67 to 70 seats in surveys. Netanyahu’s main rival, former Israel Defense Forces Chief of Staff Gadi Eisenkot, has higher support in most polls. (Jinshi)

According to CNBC, JPMorgan Chase has upgraded its rating on SanDisk (SNDK) from Neutral to Overweight, setting a $2,250 target price that implies roughly 47% upside from Thursday’s closing level. SanDisk’s stock has surged 544% so far this year. JPMorgan analyst Harlan Sur noted that the rapid growth of AI inference is driving a structural inflection point in NAND demand, leaving SanDisk uniquely positioned to benefit. The acceleration of AI applications has lifted storage demand and created supply tightness. At its New York Investor Day, SanDisk disclosed it will adopt a new business model including structured pricing mechanisms and advance payment agreements with major clients. JPMorgan said this framework is expected to boost the company’s profit margins and reduce its business cyclicality. To date, SanDisk has signed 8 related long-term agreements, with a total contract value of approximately $94 billion based on the price floor, and a weighted average contract term of over four years. LSEG data shows that among the 25 analysts covering SanDisk, 22 have assigned a Buy or Strong Buy rating, while the remaining 3 have given a Hold rating.

According to Bloomberg, Payward Inc., parent company of crypto exchange Kraken, reported an adjusted pretax profit of $23 million in the second quarter, down 71% year-over-year from $79.7 million in the same period last year. Adjusted revenue rose 17% YoY to $508 million, while total platform trading volume reached $310 billion, an 18% YoY decline. Payward said the number of funded accounts grew 42% YoY to 6.6 million in Q2, hitting an all-time high. Co-CEO Arjun Sethi noted that as spot trading volumes in the crypto industry fell, Kraken’s traditional futures, equities and tokenized equities businesses all grew, with the firm’s spot market share rising for three consecutive quarters. Against the backdrop of slowing crypto market trading activity, multiple exchanges are expanding into derivatives and real-world asset-related trading. Payward laid off roughly 150 employees earlier this year, adding that AI technology adoption has improved operational efficiency. Bloomberg previously reported that Payward’s highly anticipated initial public offering (IPO) could occur as early as later this year, or may be delayed until early 2027.

According to on-chain analyst Yu Jin’s monitoring, approximately 3.72 million UNI tokens (valued at around $12.63 million) were transferred by market maker Cumberland to trading platforms including Binance, Coinbase, OKX, and Bybit over the past 23 hours. During the same period, UNI’s price fell from $3.59 to $3.22, a decline of roughly 10%.

According to South Korean media reports, SK Group Chairman Choi Tae-won received 1.75 billion won (approximately $1.24 million) in compensation from SK Inc. in the first half of this year. The information was disclosed in SK Inc.’s half-year report released on August 14, per an announcement from the Financial Supervisory Service. The chairman’s first-half compensation was flat year-on-year, with no bonuses received beyond his salary. Choi Jae-won, the chairman’s younger brother and SK Group’s vice chairman, earned 1.5 billion won during the same period. SK Inc. President Jang Yong-ho took home a total of 1.8 billion won, including 1 billion won in salary and 800 million won in bonuses. Additionally, Yoon Pung-young, head of the SK Supex Pursuit Council, was revealed to have received 7.715 billion won overall: 500 million won in salary, 800 million won in bonuses, and 6.415 billion won in compensation from 12,103 performance stock units (PSUs) granted three years ago.