TRON (TRX) — Onchain News & Whale Tracking

Hassett praised the non-farm payrolls report data as "very strong".

U.S. White House National Economic Council Director Hassett praised the non-farm payroll report data as "very strong".

Samsung Electronics rose 2.6%, while SK Hynix gained over 4%.

According to Bitget market data, South Korea’s KOSPI index posted an intraday gain of 2.00%, Samsung Electronics rose 2.6%, and SK Hynix advanced more than 4%.

Ansem heaped praise on Bonk Guy, hailing him as a top trader, noting that no one is stronger than him and that he has repeatedly publicly successfully capitalized on major meme coin rallies.

Renowned trader Ansem heaped praise on fellow trader Bonk Guy (Unipcs) during a live stream, calling him "a truly top-tier trader." "In the previous crypto cycle, he publicly shared his profit and loss data—something almost no one was doing back then. After laying out his trading logic publicly, he nailed these tokens: earning over $10 million from trading BONK, buying WIF (dogwifhat) when its market cap was under $10 million, and the famous Fartcoin. In public settings, I don’t know anyone stronger than him; he’s hit the mark so many times. Bonk Guy has long publicly shared his trading ideas and repeatedly demonstrated the ability to capitalize on major meme coin trends."

Japanese and South Korean stock markets opened higher, with SoftBank rising 5.8%, and SK Hynix and Samsung Electronics both gaining over 2%.

According to Bitget market data, Japanese and South Korean stock markets opened higher: the Nikkei 225 index rose 0.27% at opening, SoftBank gained 5.8%, Kioxia rose 0.70%; South Korea’s KOSPI index opened up 1.2%, with SK Hynix and Samsung Electronics both rising more than 2%.

Fed Governor Christopher Waller takes a hawkish stance: If August inflation data comes in strong, he will consider supporting an interest rate hike in September.

Federal Reserve Governor Waller: If August inflation data continues the recent positive trend, he will support keeping the policy rate unchanged. If August inflation data comes in strong, he will consider backing a rate hike in September. A significant acceleration in inflation may not be necessary to justify a tighter policy stance.

The supply of USDT on the Tron network has risen to $942.7 billion, surpassing that of the Ethereum network.

According to Lookonchain's monitoring, the supply of USDT on the Tron network has increased by $4 billion over the past month, reaching $94.27 billion, surpassing the total USDT supply on the Ethereum network.

Over the past month, the $USDT supply on #Tron increased by $4B to $94.27B, surpassing the total supply on #Ethereum.

Over the past month, the $USDT supply on #Tron increased by $4B to $94.27B, surpassing the total supply on #Ethereum.

South Korea's KOSPI index dropped 4% intraday, with SK Hynix and Samsung Electronics each falling more than 4%.

According to Bitget market data, South Korea’s KOSPI index fell 4% intraday, currently at 6560.35 points. SK Hynix dropped 4.67% and Samsung Electronics declined 4.21%.

The crypto market has declined again, with Bitcoin briefly falling below $77,000, while UNI extended its strong performance to break through the $5.9 level.

According to HTX market data, escalating US-Iran tensions have pushed the crypto market into another downturn. Bitcoin fell below $77,000 this morning, currently trading at $77,300. Ethereum dropped below $2,400, SOL slipped below $100, and BNB is now at $683. The total cryptocurrency market cap has shed 1.5% in 24 hours, standing at $2.7 trillion. Top gainers include SC and ACE, surging over 30% in 24 hours; ONG, FF, FIL, and CHIP rising more than 10%. UNI extended its strong run, climbing 10.37% to $5.9. The primary catalyst for UNI’s rally is the explosion in real trading volume on Robinhood Chain, which has made Uniswap the leading DEX for tokenized stock RWAs on Robinhood. Daily tokenized stock trading volume once hit roughly $130 million, nearly a 10-fold increase in a month. Furthermore, since Uniswap’s v4 version fee switch launched on Robinhood on July 27, the chain has become a key contributor to its fee revenue. Meanwhile, altcoins including CRDOB, HEMI, PROM, MITO, and ZKC have dropped over 10%.

South Korea's KOSPI index opened 2.79% lower, with SK Hynix and Samsung Electronics both falling around 3%.

According to Bitget market data, South Korea’s KOSPI index opened down 190.62 points, a 2.79% drop, trading at 6645.18 points. Both SK Hynix and Samsung Electronics fell around 3%. Japan’s Nikkei 225 index opened down 1058.52 points, a 1.60% drop, trading at 65156.82 points.

Tom Lee: Crypto will be the asset with the strongest FOMO effect before the end of the year; if the Federal Reserve does not raise interest rates in September, US stocks may rally strongly.

Bitmine Chairman Tom Lee told CNBC in an interview yesterday that if the Federal Reserve holds interest rates steady in September, the stock market could see a "very strong" rally, making the Sept. 15 Fed meeting a potential turning point. Lee noted that against the backdrop of inflationary pressures and energy supply issues in 2026, the market has already priced in some rate hike expectations, and September's seasonal weakness paired with prevailing concerns might instead trigger an upside surprise. He also expressed bullishness on cryptocurrencies, stating that Bitcoin's recent rally is a "phase one" advance, institutional allocations to crypto will strengthen in the fourth quarter, and "the asset with the strongest FOMO effect between September and year-end will be cryptocurrency, especially ETH."

Viewpoint: Bitcoin’s rebound momentum remains strong, with institutional allocations and speculative leverage rising in tandem.

Glassnode noted in a report that Bitcoin is currently trading around $78,600, having largely held onto the strong rally it launched from the $64,000 zone at the end of August after earlier breaking above $80,000. The broader digital asset market still shows strong institutional demand, though activity in spot and derivatives trading has cooled in some segments. Meanwhile, price momentum has clearly exceeded the upper bound of its statistical range. The secondary market’s trading volume and spot Cumulative Volume Delta (CVD) indicate that the balance of buying power in the market may be shifting, while retail participation has also weakened. Traditional finance capital continues to flow into regulated crypto investment products. U.S. spot Bitcoin ETF holdings remain profitable and have maintained weekly net inflows. At the same time, short-term, price-sensitive capital is entering the market, coinciding with high options open interest and a rapid narrowing of volatility spreads—signaling that market participants may be underestimating short-term volatility risks. On-chain data also reflects a pattern of "active settlement but weakening user participation": entity-adjusted transaction volumes are significantly above normal levels, while daily active addresses and total fee revenue have declined slightly. Overall, the Bitcoin market is in a transition phase from a strong rally to structural divergence. Sustained institutional capital allocation and a rebound in on-chain valuations are providing market support, though speculative leverage is rising and signs of short-term capital selling have begun to emerge. The market’s fundamentals remain solid, but short-term volatility and correction risks are on the rise.

Trump strongly pushes for data center construction: Don’t kill the goose that lays the golden eggs

U.S. President Trump posted on social media that the sole reason communities across the country are reluctant to build data centers is their desire to fall behind and remain poor. If they want to achieve success, get wealthy, see substantial tax cuts, and have abundant jobs, then let data take charge of everything. The good news is that many other regions warmly welcome data centers. If we kill this goose that lays golden eggs, we will bear full responsibility.

Rockchip's stock price hit the daily limit today, driven by strong sales of its open-source robot Microduck.

Pollen Robotics, a subsidiary of Hugging Face, recently launched the open-source bipedal robot Microduck, priced at $399 and standing about 25 cm tall. The robot supports functions including walking, object grasping, autonomous recovery after falling, and can even wear roller skates. Within six hours of its launch, its order value exceeded $1 million, and surpassed $2.6 million within 24 hours. At the $399 price point, this translates to roughly 6,500 pre-orders, with current new orders facing a delivery lead time of 4 to 6 months. Notably, Microduck’s main control unit uses China-based Rockchip’s RK3566 chip; its on-board computing platform operates 15 motors, a camera, LiDAR, and runs the robot’s 50Hz policy loop. After today’s A-share market opened, Rockchip’s stock price immediately hit the daily limit, with market analysts citing the strong sales of Hugging Face’s Microduck as a key catalyst for the stock movement.

South Korea's KOSPI index closed up 0.46%, with SK Hynix and Samsung Electronics rising more than 1%.

According to Bitget market data, the Nikkei 225 index closed down 93.63 points today, a 0.14% decline, at 66,311.93 points. South Korea’s KOSPI index closed up 31.22 points today, a 0.46% gain, at 6,820.1 points. The index fell more than 3% at one point during the trading session, while SK Hynix and Samsung Electronics each rose over 1%.

Following its listing on Binance derivatives, the token "牛来" extended its strong run, with its market capitalization surging past $140 million to reach a new all-time high.

According to GMGN market data, after launching on Binance Futures in the evening, BSC-based meme coin "Niu Lai" has shown strong performance, with its market cap briefly surging past $140 million to hit an all-time high. It is now trading at $130 million, up over 159% in the past 24 hours, with a 24-hour trading volume of $63.6 million. BlockBeats reminds users that most meme coins have no real use cases, experience significant price volatility, and caution is required for investments.

Analysis: BTC marks the third time in history of significant underperformance relative to the Nasdaq, with both prior instances seeing strong, independent rallies.

Analyst Rekt Fencer has published a 3-day ratio chart of Bitcoin (BTC) and the Nasdaq, marking three major drawdowns: roughly -84.9% in 2018, -80.7% in 2022, and the current -54.3% in 2026. The analyst pointed out that after Bitcoin underperformed the Nasdaq by such wide margins in the prior two instances, it went on to post very strong independent rallies, with prices surging sharply thereafter. With the current ratio dropping significantly again, history may repeat for the third time: the bottom is approaching, and BTC will regain strength going forward.

Analyst: Bitcoin’s realized market capitalization has notched its strongest growth since the start of the current bear market, adding over $4.6 billion in the past week.

CryptoQuant analyst Darkfost stated that Bitcoin’s weekly realized market capitalization has continued to rise, increasing by more than $4.6 billion over the past week, indicating that capital inflows are supporting BTC’s current rally. This marks the strongest realized market cap growth for Bitcoin since it entered the bear market, with its trend pattern also resembling certain phases of the previous bear market. Realized market cap growth does not fully equate to new capital inflows, as some investors who bought at high levels may choose to sell at a stop-loss, thereby forming new UTXOs at lower realized prices. However, judging from BTC’s concurrent price movement, market demand still outweighs the associated selling pressure. He noted that while this change is a noteworthy short-term signal, its overall magnitude remains limited: the 30-day average change rate of realized market cap is only 0.4%, which is currently insufficient to confirm a sustained shift in market trend, requiring further data for validation.

AI Agent Scientific Task Field Test: The Strongest Performer Only Completes 20.6% of Tasks Fully

Dongcha’s Beating AI News reports that Apodex, a new AI project under Chen Tianqiao, has released FrontierChallenge, a scientific agent benchmark that tests whether AI can complete tasks end-to-end using 97 real-world scientific workflows. Twelve leading models participated in the test, with the best performance reaching only 20.6%. GPT-5.6 Sol + Codex and Grok 4.6 + Claude Code tied for first place, each fully completing 20 tasks. The test also found that agents often claim to have finished tasks even when they are incomplete. Among 10 model groups using Claude Code as the agent framework, 75.5% of 849 failed tasks were falsely reported as completed. On the other hand, all participating systems scored an average of 94.9 on electrochemistry and environmental science tasks, but none fully passed any task. This benchmark explicitly separates "mostly correct" results from "truly completed deliverables". The ranking compares models plus agent runtime frameworks, not bare models alone. The official also reminded that each system is allowed only one run per task, so small score gaps should not be directly interpreted as a stable model ranking.

Jensen Huang fuels AI trading momentum, US three major stock indexes rebound, crypto assets rise steadily, HYPE hits a new all-time high, SOL stages a strong rebound.

Boosted by Jensen Huang’s “AI inflection point” remarks after the previous trading day’s close, all three major U.S. stock indexes rose on Thursday: the Dow Jones Industrial Average closed up 0.2%, the S&P 500 gained 0.7%, and the Nasdaq climbed 1.57%. According to market data from BIT (bit.com), among top-performing stocks: Micron fell 0.28%, SK Hynix rose 2%, and Tesla gained 2.6%. Semiconductor stocks rallied broadly: Broadcom climbed 4.49%, Arm advanced 1.65%, and Nvidia jumped 8.7%. However, most AI stocks did not follow Nvidia’s rally, posting only limited gains. Among CPO-related stocks, AAOI dropped 0.42% and LITE rose 1.82%. Memory stocks were mixed, with SanDisk down 0.96%. Software giant Salesforce announced a deep partnership with U.S. AI leader Anthropic to launch Agentforce, directly easing market concerns that “AI would destroy software companies.” Boosted by the news, Salesforce’s stock surged 22.58% in a single day, marking its best daily performance since August 2020. The cybersecurity sector also rallied. CrowdStrike’s Q2 revenue and forward guidance both exceeded expectations, driving its stock up 20.50% in a single day, its best daily performance since its 2019 IPO. The crypto market continued its steady upward trend. According to HTX market data, overnight, SOL surged past the $110 mark and is currently trading at $108.12, with a 24-hour gain of 1.82%. HYPE hit a new high, now trading at $84.78. Bitcoin consolidated above the $80,000 level, currently at $80,179. Additionally, influenced by Trump’s negative stance on a ceasefire with Iran, Bitget data shows WTI crude hit an intraday high of $84.24, closing up 1.58% at $83.53. Brent crude rose 2.12% to close at $89.70.

Goldman Sachs: Nvidia projected to see 70% revenue growth in fiscal 2028, with AI demand outlook remaining strong.

Goldman Sachs analyst Jim Schneider told CNBC in an interview that NVIDIA’s just-released fiscal 2027 second-quarter results beat market expectations, while its next-quarter revenue guidance also exceeded analyst projections. Driven by the company’s optimistic outlook for revenue growth in the coming fiscal year, NVIDIA’s stock rose roughly 4% in after-hours trading. Schneider noted that NVIDIA expects to post around 70% revenue growth in fiscal 2028, a sign that demand for AI infrastructure remains robust. The market’s current focus has shifted from short-term performance to whether the AI computing power investment cycle can sustain, and whether NVIDIA’s multi-year high growth expectations will be delivered.

Coincheck has completed registration as a Japanese electronic payment service provider, and will enter the stablecoin and on-chain finance sectors.

Japanese crypto asset service provider Coincheck announced it completed registration as an electronic payment and transaction services provider on August 27, 2026, becoming the second company in Japan to obtain this type of stablecoin-related license. Coincheck stated that it will build on its prior partnership with U.S.-based Circle to expand use cases for USDC in Japan, and gradually roll out stablecoin and on-chain financial businesses. The company noted that stablecoins, which offer price stability pegged to fiat currencies, enable all-weather, fast, and low-cost transfers and payments.

Justin Sun: Bitcoin will take a long time to achieve quantum-resistant consensus, and Tron plans to upgrade to a quantum-resistant network by the end of this year.

Justin Sun stated at Hong Kong’s "Bitcoin Asia 2026" conference that quantum threats pose a widespread risk to blockchain technology and the entire global financial system, with traditional banks including JPMorgan also facing such risks. However, due to the Bitcoin community’s high level of decentralization—encompassing multiple participants such as miners, exchanges, and WBTC—reaching consensus on anti-quantum measures would take a long time. Sun also noted that TRON has been developing anti-quantum mechanisms over the past year; it released an anti-quantum address scheme in the first half of this year, which has been deployed on the testnet, and plans to upgrade its entire network to an anti-quantum mainstream cryptocurrency network by the end of this year.

CZ: Unable to predict crypto hotspots for the next bull run; both RWA and AI are very strong, while existing narratives will also continue to develop.

Binance founder CZ stated at the Bitcoin Asia 2026 conference: "As for crypto hotspots in the next bull market, right now, RWA and AI are both very strong. Stablecoins will continue to grow, centralized exchanges will keep expanding, decentralized exchanges (DEX) will also grow, meme coins will keep rising, NFTs may make a comeback in some form, and DeFi will continue to expand. So I think many sectors will keep growing. I don’t know what the next big hotspot will be—it’s hard to predict. You know, in early 2017, I wouldn’t have predicted ICOs, yet half a year later we were already doing ICOs; six months before the NFT boom, I also couldn’t have foreseen it. So predicting the next big thing is very difficult. I believe it depends on entrepreneurs—like all of you here and those outside—you are the ones who create the next major trend. That’s pretty much all I have to say."

Bill Gates strongly backs Ray Dalio: People are attacking the person who is most willing to openly discuss negative risks.

Beating AI Express News: Bill Gates Rarely Publicly Backs Anthropic CEO Dario Amodei. Gates pointed out that recent AI advances have far exceeded his expectations. After thoroughly studying Claude Code this year, even in programming—an area he is familiar with—he was shocked: “Many of these AIs are already better than me in many aspects.” He warned that AI could sweep across industries, causing mass unemployment; an even more extreme risk is that a small number of people could design new pathogens using advanced AI. Dario has long publicly warned about AI risks. This year, he clashed openly with the Pentagon over his insistence on restricting Claude from being used for large-scale domestic surveillance and fully autonomous weapons lacking reliable safeguards. His warnings have also strained his relations with the White House and many in the tech industry. Gates said bluntly: “People are attacking the person who is most willing to openly talk about negative risks.” He then shifted his criticism to the entire AI sector. He noted that those who truly understand AI’s capabilities are privately “very worried,” but many executives are reluctant to admit this publicly because the industry still has “the next trillion-dollar” in financing to pursue. He argues that huge commercial interests are leading the industry to actively downplay risks. Gates believes corporate self-regulation can no longer be relied on. He advocates establishing domestic and international AI regulatory systems, including mandatory reviews of high-risk capabilities that could be used to create new pathogens; designating some roles as “Human Reserved Positions” that must be performed by humans; and imposing taxes on AI tokens and robots to slow the pace of machine replacement of humans, using the tax revenue to support the unemployed.

Institutions: Nvidia's Earnings Strongly Validate the Investment Logic for AI Infrastructure

Saxo Bank Chief Investment Strategist Charu Chanana stated that NVIDIA (NVDA.O)’s earnings results strongly validate the investment thesis for AI infrastructure. She pointed out that as production capacity continues to expand, sectors including storage, networking, optical communications, power infrastructure, and some cloud service providers will all benefit. However, the market is increasingly requiring AI investments to deliver returns. Storage remains one of the most clear beneficiary areas, and NVIDIA’s margin guidance confirms that supply remains tight. After NVIDIA’s earnings release, Asian storage chip stocks generally rose. But Chanana added that the next phase of the storage chip rally will increasingly depend on AI demand and whether the storage capacity equipped on each accelerator can absorb the growing supply capacity, rather than just relying on supply shortages to drive price increases.

Institutions: AI infrastructure will continue to underpin Singapore’s electronics industry.

Economists at Maybank said that although Singapore's electronics industry growth has slowed to an 11-month low, the sector will still benefit from global artificial intelligence (AI) infrastructure development. Singapore's electronics sector output rose 11.2% year-on-year in July, down from 21.1% in June, partly due to a high base effect from the same period last year. Maybank stated: "Although the electronics sector's output growth has slowed, we believe the AI boom is unlikely to end anytime soon." Meanwhile, demand for Singapore's semiconductor equipment remains robust amid global chip manufacturing capacity expansion. Maybank noted that Singapore holds a significant share of the global semiconductor equipment manufacturing market, at around 20%.

Samsung Electronics and SK Hynix plan to increase their supply of 8-layer HBM4 memory to NVIDIA in the second half of the year.

Samsung Electronics and SK Hynix plan to increase their supply of NVIDIA’s 8-layer HBM4 memory in the second half of this year. The move is primarily driven by NVIDIA’s supply strategy, aimed at ensuring stable supply of all types of HBM memory while also managing product heat generation. It is understood that the 8-layer memory is highly likely to become the flagship product of the next-generation HBM4E.

South Korea's KOSPI index rose more than 2% intraday, with Samsung Electronics up 2.63% and SK Hynix gaining 3.04%.

According to Bitget market data, South Korea’s KOSPI index posted an intraday gain of over 2%. Samsung Electronics rose 2.63%, while SK Hynix gained 3.04%.

TRON reached 400M total users in just 8.16 years, much faster than Bitcoin and Ethereum.

TRON reached 400M total users in just 8.16 years, much faster than Bitcoin and Ethereum. Bitcoin took 9.4 years to reach 400M users, while Ethereum took over 10 years.

South Korea's KOSPI index opened 0.53% higher, Samsung Electronics rose 1.36%, and SK Hynix gained 1.32%.

According to Bitget market data, South Korea’s KOSPI index opened 0.53% higher. Samsung Electronics rose 1.36%, and SK Hynix gained 1.32%. Japan’s Nikkei 225 index opened down 342.29 points, a 0.52% decline.

Wall Street’s latest ratings on Tuesday: Goldman Sachs raises Coinbase’s price target, AMD earns a "Strong Buy" rating, and Nvidia and others have their "Buy" ratings reaffirmed.

Several Wall Street institutions have released updated individual stock ratings and target price adjustments. Goldman Sachs raised Coinbase’s target price from $173 to $196, maintaining its "Buy" rating, noting that a sustained improvement in the crypto market environment and growth in new businesses such as derivatives and prediction markets will bring additional upside potential for COIN. Raymond James upgraded AMD’s rating from "Outperform" to "Strong Buy" and lifted its target price from $565 to $641. Bank of America maintained "Buy" ratings for NVIDIA, Marvell, and Micron (MU), stating that semiconductor stocks including NVDA, MRVL, MU, and AMD offer more attractive allocation opportunities. Additionally, Canaccord maintained a "Buy" rating for Strategy, raising its target price from $130 to $175. Wolfe maintained an "Outperform" rating for Netflix, increasing its target price from $84 to $95. In other rating moves, Morgan Stanley upgraded Dynatrace to "Overweight"; UBS upgraded Fluence to "Neutral"; Wolfe upgraded Moderna to "In Line With Sector"; Wells Fargo upgraded Shift4 Payments to "Overweight".

Grok is gaining strong momentum, JPMorgan holds a bullish view on SpaceX.

JPMorgan Chase reaffirmed its "overweight" rating on SpaceX (SPCX.O) and a $240 price target, citing growing confidence in the prospects of its Grok artificial intelligence. The bank highlighted SpaceX's acquisition of Cursor, with reports noting that Cursor has an annual recurring revenue (ARR) of approximately $40 billion, 75% of which comes from enterprise business. JPMorgan expects Cursor to strengthen SpaceX's enterprise AI strategy, model training data, and Grok's performance.

Jack Ma increases his holdings in Alibaba, demonstrating strong confidence in the company's AI prospects, purchasing more than HK$600 million worth of Alibaba's Hong Kong-listed shares over consecutive days.

According to a report by the Science and Technology Innovation Board Daily, sources revealed that as Alibaba initiated a share placement and financing round, Jack Ma, founder of Alibaba, has been increasing his holdings of Alibaba’s Hong Kong-listed shares in recent days, with the total amount exceeding HK$600 million, expressing firm confidence in the company’s AI prospects. Earlier, after Alibaba announced its HK$80 billion new share placement plan, group chairman Joseph Tsai and CEO Wu Yongming increased their holdings of Alibaba stocks totaling about HK$120 million yesterday, casting a vote of confidence in the firm’s AI strategy. Specifically, CEO Wu Yongming bought 350,000 Alibaba Hong Kong-listed shares at an average price of around HK$111.6, spending approximately HK$40 million. The two together added 1.07 million shares, with a total value of about HK$120 million. Today, Joseph Tsai further spent HK$82 million to acquire 720,000 additional shares. All proceeds from Alibaba’s HK$80 billion new share placement will be fully invested in building full-stack AI capabilities and AI infrastructure. The share placement was actively subscribed by long-term investors including global sovereign wealth funds, ultimately achieving an over-subscription rate of nearly 3 times.

Analysis: Bitcoin’s futures and spot demand are rising in tandem. Despite being overbought, trading against the trend is not advisable, and the strongest bullish momentum phase is approaching.

CryptoQuant analyst Darkfost noted that Bitcoin’s total demand has been rising steadily over the past 30 days, currently standing at around 170,000 BTC, with spot and futures demand growing in tandem. Although short-term overbought signals have become quite prominent, investors should avoid attempting precise market timing at this juncture. The market appears to have entered a demand-driven rally wave while continuously digesting profit-taking pressure. Historical patterns show that periods of synchronized growth in spot and futures demand often mark Bitcoin’s strongest upward momentum phases. The analyst emphasized that as long as this demand persists and continues to absorb short-term profit-taking, upward momentum could still hold even if the market enters overbought territory. This means the core variable to monitor now is not whether prices are too high, but whether demand is still effectively absorbing selling pressure. Only when demand shows signs of exhaustion and profit-taking begins to outweigh buying support will the rally likely come to an end. Until then, any contrarian trades based on overbought signals may run counter to strong demand-driven momentum.

South Korea’s KOSPI index closed up 0.68%, Samsung Electronics ended flat, and SK Hynix rose 0.42%.

According to Bitget market data, South Korea’s KOSPI index closed up 45.77 points, or 0.68%, at 6742.73 points. Samsung Electronics ended flat, while SK Hynix rose 0.42%. Japan’s Nikkei 225 index closed up 328.34 points, or 0.50%, at 65856.43 points.

Tuesday got off to a strong start: Bitcoin extended its bullish momentum, hitting $80,000, while the three major U.S. stock indexes traded mixed.

US Treasury Secretary Scott Bessent announced on Monday local time that the United States will launch a new sanctions operation dubbed "Operation Economic Outcast" to further cut Iran off from the global economic system, warning countries and enterprises that continue to conduct business with Iran will face US sanctions risks. The move comes as the conflict between the US and Iran has dragged on for nearly six months. The US had previously pressured Iran via military operations and long-term economic sanctions, but the two sides have not reached an agreement on fully reopening the Strait of Hormuz and restricting Iran's nuclear program. According to market data from BIT (bit.com), US stocks closed on Monday: the Dow Jones Industrial Average rose 0.26%, the S&P 500 fell 0.28%, and the Nasdaq Composite dropped 0.76%. SK Hynix (SKHY.O) slid 4.9%, Micron Technology (MU.O) fell 5.8%, SanDisk (SNDK.O) dropped 6.4%, while Nvidia (NVDA.O) and Intel (INTC.O) each declined 3%. Per HTX market data, Bitcoin hit $80,000 again overnight for the first time in 101 days, surging nearly 30% in a week. It is now trading at $77,898, with a 1.25% 24-hour gain.

The total number of accounts on #TRON has officially surpassed 400,000,000!

The total number of accounts on #TRON has officially surpassed 400,000,000!

Strive CEO: Bitcoin bear market has ended, the strongest bull market in history may be coming

Strive CEO Matt Cole has published a lengthy bullish article on Bitcoin, citing the Bitcoin-to-gold ratio chart to note that BTC has broken through against both the U.S. dollar and gold. He argues this signals the end of the bear market and reinforces his view that the next cycle will be the strongest in Bitcoin’s history. Cole points to three converging forces creating an unprecedented favorable market environment for Bitcoin: long-term U.S. dollar weakness, rising demand for scarce assets amid the AI era, and the re-strengthening of the BTC/gold ratio.

Samsung Electronics' decline has widened to nearly 8%, while South Korea's KOSPI index is currently down 2.4%.

According to Bitget market data, Samsung Electronics' intraday decline has widened to nearly 8%, South Korea's KOSPI index is currently down 2.4%, and SK Hynix's gain has narrowed to 0.4%.

Samsung Electronics’ shareholder return plan falls short of market expectations, leading to an 8% drop in its stock price during early trading.

Samsung Electronics fell 8% in early trading this week after unveiling a record $79 billion shareholder return plan, but the market was disappointed as it had expected the company to distribute more cash gains from the AI boom to shareholders and clarify its share repurchase program further. The South Korean tech giant announced last Friday that this year’s total shareholder return will range from 90 trillion to 110 trillion won, including a 30 trillion won cash dividend in the third quarter. Eugene Securities analyst Sohn In-joon said: “Samsung Electronics neither mentioned the possibility of raising its existing shareholder return policy nor announced a plan to cancel treasury stock, which is disappointing.” Morgan Stanley noted that investors need to watch how Samsung will allocate the remaining 60 trillion to 80 trillion won in January next year, as well as the next phase of its capital return framework set to take effect next year. (Jinshi)

Circle's stablecoin issuance increased by $1.7 billion over seven days, while stablecoins on the Tron network grew by $950 million in the same period.

Data from Token Terminal shows that over the past seven days, the total supply of stablecoins issued by Circle rose by $1.7 billion, nearly five times the $357.3 million increment of assets issued by Ripple. Stablecoins from Tether increased by $202.2 million, placing Tether third among stablecoin issuers by increment. Turning to public chains, Tron recorded the largest growth in stablecoin market cap, adding $950 million over the period; HyperEVM and Solana saw gains of $614.7 million and $407.4 million respectively, bringing the combined increment for the three chains to $1.97 billion.

South Korea’s KOSPI index opened lower, with SK Hynix rising nearly 3% and Samsung Electronics falling 4%.

According to Bitget market data, South Korea’s KOSPI index opened 50.77 points lower, down 0.73% to 6862.18 points. SK Hynix gained nearly 3%, while Samsung Electronics dropped 4%. Japan’s Nikkei 225 index opened 153.79 points lower, down 0.23% to 65862.57 points.

Analyst: Bitcoin’s weekly chart shows a strong reversal, potentially signaling the start of a new bull market cycle.

Crypto analyst Ali Charts stated in a post that two bear market end phases in Bitcoin’s history share a common trait: a strong weekly reversal candlestick that emerges unexpectedly for most market participants, acting as a trend reversal signal. Such rallies typically start with a short squeeze. As prices rise, bearish traders keep adding short positions; as the rally accelerates, these short positions get forced liquidated, further driving prices higher. Data shows Bitcoin posted a 31.98% weekly gain in 2019, a move that helped confirm the end of the bear market and the start of a new uptrend. In January 2023, amid extreme bearish sentiment following the FTX collapse, Bitcoin rallied 24.90% in a single week, defying widespread bearish expectations. A similar move may be unfolding in the current market. Many investors previously predicted Bitcoin would bottom in October based on the four-year cycle theory, but the cryptocurrency has surged from $62,700 to $79,500, notching a 26.81% weekly gain. He believes that if historical patterns repeat, this strong weekly reversal could serve as an early signal that Bitcoin is entering a new uptrend cycle.

Yilihua: Remains bullish, weekend adjustments won’t alter the trend, strongly advises against short selling

Liquid Capital (formerly LD Capital) founder Yilihua stated in a post that he remains bullish, noting the weekend’s minor price adjustment was merely shorts taking advantage of low liquidity to stage a small resistance move, which does not alter the overall trend. He strongly advises against shorting, recommending closing long positions once the price reaches a certain level, as corrections typically occur at periodic stages.

ZEC has surged 20-fold in a year, with a string of positive news catalysts spurring the market for the so-called "strongest" privacy coin.

According to HTX market data, ZEC briefly surged past $833 this morning, hitting a new all-time high. It has rallied 67% in the past seven days, 230% in 180 days, and 1970% over the past year. Recent key catalysts include: - Grayscale filed its Fourth S-3 amendment to advance the conversion of Zcash Trust into a spot ETF (proposed ticker: ZCSH), and disclosed that a DCG subsidiary is in non-binding discussions to inject approximately 200,000 ZEC (valued at around $110 million at the time). - Cypherpunk Technologies, backed by the Winklevoss twins, launched the world’s largest ZEC mining machine cluster, controlling roughly 18% of the network’s total hash rate while continuing to increase its holdings of ZEC treasury. - Ironwood’s network upgrade (NU6.3) has gone live, fixing a previous vulnerability in the Orchard privacy pool, enhancing the security and verifiability of the shielded pool, and facilitating fund migration and restoring ecosystem confidence. Against the backdrop of rising privacy narratives and market short squeezes, ZEC has emerged as one of the top-performing privacy coins in this cycle, with its price still in a high-volatility range.

Trump strongly backs AI data centers, claiming they will create massive jobs and tax revenue.

According to Fox News, U.S. President Donald Trump earlier said that all governors and local government officials should welcome the construction of artificial intelligence (AI) data centers. Trump stated: "This will create a large number of construction jobs. We are building the largest factories in the world. I can say that if I were a city mayor or a state governor and had the chance to bring a large AI factory or data center to my area, I would definitely want it to come, because it can generate a lot of jobs, and the capital and tax revenue it brings are very substantial." Trump also noted that given most Americans oppose building data centers in their own communities, the AI industry needs "a little public relations help."

Bitcoin surges strongly, breaking through $78,000.

According to HTX market data, Bitcoin has rallied sharply to break through the $78,000 mark, with a 24-hour gain of 8.61%.

Yilihua: Bitcoin’s strong rebound breaking through $68,000 may signal the end of the crypto bear market cycle.

Liquid Capital (formerly LD Capital) founder Yili Hua wrote in an article that he had repeatedly emphasized earlier that July to August could be the final bottom-hunting window. Based on Bitcoin’s historical decline patterns, after the end of the previous rally and the third stage of decline, BTC has rebounded strongly to break through the $68,000 mark, which may signal the end of the crypto market’s bear cycle. Investors should not attempt to catch the exact bottom at a specific price point, nor should they try to short in the bottom range. He noted that the two most noteworthy things moving forward are: how to operate in the new bull cycle to maximize returns, and seizing development opportunities in the AI sector at other times.

Barclays: SK Hynix’s share repurchase sends a strong signal, with the firm bullish on the company’s cash flow potential.

Barclays views SK Hynix’s latest share buyback as a "strong signal" to investors. Analyst Simon Coles at Barclays forecasts that SK Hynix’s shareholder returns will reach roughly 15% of its current market capitalization between 2025 and 2027. The firm maintains an "overweight" rating on SK Hynix’s ADR (SKHY.O), with a target price of $300. Barclays notes that SK Hynix does not need to cut back on capacity expansion investments even as it boosts shareholder returns. While large-scale dividends or share buybacks typically squeeze a company’s investment capacity, SK Hynix can balance both thanks to its robust cash flow. Coles stated: "Even with roughly 15% of its market capitalization allocated to shareholder returns, the company will still have sufficient capacity to advance capacity expansion and new business opportunities in the coming years." Barclays raised its 2027 quarterly dividend forecast to 2,500 South Korean won per share, and its full-year dividend forecast to 10,000 won per share. Assuming a 200 trillion won share buyback in 2027, by the end of that year, roughly 51% of SK Hynix’s cumulative free cash flow from 2025 to 2027 will be returned to shareholders. The balance between dividends and buybacks remains a variable. While raising dividends can demonstrate confidence in future cash flow, Barclays assesses that given the extreme volatility of the semiconductor industry’s earnings, share buybacks when the stock is undervalued are more reasonable. (Jinshi)