Bitcoin breaks through $77,000, with a 0.46% gain over the past 24 hours.

BitMine Chairman Tom Lee told CNBC that next week could mark a turning point for the stock market. Trading in AI stocks has stalled amid concerns over data centers and U.S. political opposition, Lee noted. The key question is whether confidence in AI can rebound after this stagnation. If NVIDIA CEO Jensen Huang can demonstrate at an upcoming event that demand for AI computing power remains robust, it will help reinject market confidence and lift the AI sector out of its consolidation. Lee also stressed that uncertainty surrounding the Federal Reserve continues to build, with a series of upcoming public appearances by Fed officials serving as another key market signal. The S&P 500 has recently hovered around 7,678 points, down approximately 1.4% this week, as the market faces dual doubts about the sustainability of AI capital expenditures and the path of monetary policy. Next week is a critical window to observe the market’s directional choice, and whether AI demand signals and Fed policy expectations can resonate will determine the short-term trend of risk assets.

According to EmberCN’s monitoring, as HYPE surges past $80 to hit a new all-time high, a veteran diamond-handed trader who has held long HYPE positions for 10 months has pocketed $57.18 million in profits. Their position value has grown from an initial $53.38 million to $110 million: they opened a long position of 1.38 million HYPE at $38.6 last November. Over the 10-month holding period, they paid $4.98 million in funding fees and still show no signs of taking profits.

Trader 0x2035 has already doubled his money on @Aster_DEX. His 666 $ETH ($1.61M) long is currently up $219K (+150%).

Iranian Foreign Minister Araghchi stated that Iran has never feared U.S. sanctions, noting that all U.S. moves—whether blockades or military operations—have failed, and this new tactic will also fall flat. Trump’s so-called "economic actions" are nothing but the U.S.’s longstanding bullying tactics. "In a sense, this is like a repetitive movie we’ve watched countless times, and we know how to handle it," Araghchi said. Whether the U.S. launches military operations or reverts to old tricks, it shows Washington has reached a dead end. Faced with the Iranian people, the U.S. has no choice but to keep repeating the same old playbook. It should understand that there is no other way forward than to engage in respectful dialogue with the Iranian people and seek solutions based on justice and honor. (CCTV News)

Trader 0xc8F7 opened a 15x long on 1.66M $ENA ($289K) on @Aster_DEX and is now up $128K — a massive 667% return!

According to Bloomberg, South Korean regulators plan to step up oversight of structured products including equity-linked securities (ELS) starting next month, mandating brokerages to warn investors when products approach the principal loss trigger line and re-evaluate product design and sales amid significant rising risks. Following a historic sell-off in South Korea’s stock market, retail investors’ risk appetite has not faded; instead, they have turned to more complex structured products in search of higher returns. Equity-linked securities offering annualized coupons of 40% to 50% have lured a large amount of retail capital back, with sales surging to a more than three-year high in July, particularly for notes linked to Samsung Electronics and SK Hynix. After the wave of liquidations and forced closures of single-stock leveraged ETFs that hit South Korean retail investors, their funds have not actually left the market, instead flowing into structured products that appear to offer fixed high yields. However, these high-yield ELS typically feature knock-in clauses, meaning investors could face significant principal losses if the underlying stock price falls below the agreed threshold. The earlier leveraged ETF crisis inflicted heavy losses on young South Korean investors, and the recent boom in high-yield ELS may be replicating a similar risk structure.