CryptoQuant analysts predict BTC volatility in August, ranging from $58000 to $67000

According to BIT market data, SpaceX's US stock market fell 7% before trading.

CryptoQuant analyst Moreno stated that the market value of USDT has decreased by approximately $4 billion in the past 60 days, approaching the historically negative level. Over the past 11 days, USDT supply has decreased by approximately $870 million, and liquidity contraction is still accelerating. The continuous expansion of USDT is usually accompanied by stronger price performance of BTC, while the long-term contraction phase corresponds to weak demand, market correction, and decreased risk appetite. The recent rebound of BTC is difficult to sustain, mainly due to the continuous shrinkage of one of the sources of market liquidity.

CryptoRank analysis of 1539 tokens that have entered the top 100 by market capitalization found that 71.9% have been classified as operational dead. This study defines death as a token being taken down by major trading platforms and having a daily trading volume below $10000 for more than 90 consecutive days. About 62% of the Top 100 tokens will lose their activity within 5 years, with an expected mortality rate of 84.7% in 10 years. The median token lifecycle is only 2 years and 4 months.

According to the Singapore Business Times, Three Arrows Capital has sued Evelyn Tao, the wife of founder Zhu Su, demanding the recovery of approximately $40 million from the sale of Dubai properties. The property was purchased for 110 million dirhams, funded by a $50 million cryptocurrency loan provided by Three Arrows Capital to Zhu. The transaction occurred three weeks before the fund entered liquidation in June 2022. During his imprisonment at Changi Prison in October 2023, Zhu transferred ownership of the property to Evelyn Tao, which the liquidator believed was intended to separate the property and sale proceeds from the creditors' claims. Evelyn Tao argued that she did not know the source of the funds and believed that the property was a gift. She also stated that the two parties had separated in 2022 and signed a formal separation agreement in January 2024.

According to Golden Ten, Bernstein has raised AMD's target price from $600 to $650.