Peak is an early-stage venture capital fund based in Amsterdam, Berlin, and Stockholm. They invest Europe-wide and have active investments in the Benelux, DACH, and Nordic regions.
as the esports event prediction market continues to heat up, the League of Legends LCK (Legends Group Round 3-4) is featuring a marquee matchup: T1 will face KT Rolster at 18:00 (UTC+8) on July 29. According to the latest data from the Gate prediction market, T1 currently holds a support rate of approximately 79%, while KT Rolster stands at around 22%. The Gate prediction market closely follows global sports and esports hotspots, continuously enriching trading scenarios to deliver an efficient and seamless one-stop prediction experience for users.Gate is launching the "Esports Peak Trading Season" from July 20, 16:00 to August 10, 16:00 (UTC+8), with a total prize pool of 200,000 USDT. After registering, users who participate in designated esports event prediction trades on the Gate prediction market can unlock newcomer benefits, weekly task rewards, and compete on the esports prediction trading leaderboard. As the first centralized exchange to integrate with Polymarket, Gate has become a key gateway for users to engage with prediction markets. Users can access Gate Polymarket via the Alpha section on the Gate App homepage, using USDT in their accounts to conveniently participate in prediction market trades for popular esports events and championship outcomes. Users can also leverage the "Smart Money" feature to track the positions and market judgments of high-win-rate traders, gaining additional reference for esports event predictions. Gate is continuously expanding the application scenarios of its prediction market, offering users a diversified prediction trading experience covering popular esports events and other major happenings.
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According to Odaily, CryptoQuant analyst Axel Adler stated that the current bear market phase for Bitcoin has seen the highest level of realized losses among holders. The 30-day moving average (30DMA) of realized losses peaked at $1.37 billion in February 2026, 19% higher than the $1.15 billion peak during the 2022 cycle. Data shows that since the February peak, Bitcoin realized losses have dropped by 56.5% to approximately $597 million. Meanwhile, the scale of realized profits has only slowly recovered to $257 million. Axel Adler pointed out that loss-driven selling pressure has significantly weakened, but the market has not yet seen sustained demand recovery, with the decline in losses still outpacing the recovery in profits.From a historical cycle comparison, realized losses reached $1.37 billion on February 20, 2026, a new all-time high for this metric. The highest realized loss in the 2022 cycle was $1.15 billion, recorded on June 30, 2022. In terms of realized profits, as of July 23, Bitcoin's realized profit 30DMA stood at $257 million, down 92.7% from the peak of $3.51 billion recorded on December 10, 2024. It is also down 77.7% from the level on October 6, 2025, when Bitcoin hit its all-time high of $124,710. This metric bottomed out at $191 million on June 14, 2026, and has since recovered by 34.7%.Axel Adler stated that profit-driven selling pressure has dropped significantly, and the volume of coins being sold for profit is currently at a low level for this cycle. However, this does not mean that sellers have been completely exhausted, nor does it imply that market demand has recovered. If realized profits consistently rise above the $400 million to $500 million range, it would better confirm a sustained market improvement.Additionally, the Bitcoin realized profit/loss ratio has recovered from a low of 0.26 in June to 0.43, but remains below the 1.0 level. The analyst noted that while the absolute scale of realized losses in the current cycle exceeds that of 2022, the relative market pressure is still lower than in 2022. Since Bitcoin's all-time high, realized losses have exceeded realized profits on 190 out of the past 291 days. Axel Adler cautioned that if the profit/loss ratio breaks below 0.26 again, accompanied by a price drop below the cycle low of $58,535 established on June 30, it could signal further escalation of market pressure.
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Odaily, July 20 - According to official sources, Gate has launched the Esports Peak Trading Season from 16:00 on July 20 to 16:00 on August 10 (UTC+8), with a total prize pool of 200,000 USDT. During the event, users who register and participate in designated prediction trading for esports events in the Gate Polymarket esports section can enjoy newcomer benefits, weekly trading tasks, and the prediction trading leaderboard to share generous rewards. After the event, the top 100 users by cumulative prediction trading volume who meet the corresponding trading volume requirements can also share a 50,000 USDT leaderboard reward, with the 1st place winner eligible to receive up to 10,000 USDT. Currently, the Gate Prediction Market has launched prediction markets for popular events such as the 2026 KeSPA Cup "League of Legends" Chevor DRX vs. KT team, and more exciting events can be found on the platform for participation.According to data from Polymarket Builders, the Gate Prediction Market ranked first among Polymarket channels in single-day trading volume on July 19, and has also maintained a leading position in cumulative trading volume over the past week and month, ranking first among Polymarket channels. As the first centralized trading platform to integrate Polymarket, Gate has become a key entry point for users to participate in prediction markets. Users can enter Gate Polymarket via the Alpha section on the Gate App homepage and use USDT in their accounts to conveniently trade in prediction markets for popular esports events and championship outcomes. Users can also leverage the "Smart Money" feature to track the positions and market judgments of high-win-rate traders, gaining more reference for esports event predictions. Gate is continuously expanding the application scenarios of its prediction market, providing users with prediction trading experiences covering diverse events such as popular esports competitions.
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According to BusinessWire, Alpaca announced the completion of $135 million in financing, led by Peak XV with participation from Elefund, and new and existing shareholders also include Opera Tech Ventures and Unbound under the BNP Paribas Group. The company stated that the new funds will be used to accelerate the development of its agent-oriented brokerage infrastructure and API-centric prime brokerage business to support the development and expansion of investment products for traditional and on-chain markets.
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Alpaca, an AI and tokenized financial infrastructure provider, has announced the completion of a $135 million new funding round, led by Peak XV, with participation from Elefund, BNP Paribas' venture capital arm Opera Tech Ventures, and Unbound. To date, its total funding has reached $435 million. The new capital will be used to accelerate the development of its AI-native brokerage infrastructure and API-first prime brokerage services, helping fintech companies, banks, brokerages, wealth management institutions, and crypto financial platforms build investment products in traditional and on-chain markets, while also gaining access to more global crypto exchanges, asset tokenization platforms, and financial institutions. (Businesswire)
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Cryptoquant indicates its 365-day PnL Index signal continues to decline, suggesting the current BTC cycle may not have reached its peak. BTC is currently trading at approximately $62,656, down about 50% from its all-time high of around $126,000 in October 2025. Cryptoquant’s bull-bear cycle indicator turned green on May 12, 2026, marking the first bullish signal since March 2023.Cryptoquant stated that the indicator produced a false positive in 2022, and the green signal itself does not guarantee a sustained upward trend. A whale purchased BTC worth $98.9 million at the June 5 low of $59,734, securing a profit of $3.5 million within two days as the market rebounded. BTC has since remained above $60,000 and was trading at approximately $62,550 at the time of writing. (Bitcoin.com News).
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CryptoQuant analyst Darkfost stated in a post on X that since Bitcoin reached its all-time high in October 2025, the cumulative net selling pressure on Meme coins listed on Binance has exceeded $1 billion, with a cumulative net trading volume reaching -$1.21 billion.Darkfost noted that this reflects significant selling pressure on high-risk assets within the cryptocurrency market, also indicating that the Meme coin sector has been notably impacted during the market correction. He also reminded investors that this sector carries a higher risk of capital loss.
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CryptoQuant analyst Darkfost posted that since October 2025, the market value of holdings of Bitcoin treasury companies has declined from $396 billion to $272 billion, a cumulative drop of over $100 billion. Data shows that although these companies' Bitcoin holdings increased from 953,000 to the current 1.14 million, most of the Bitcoin reserves were accumulated at high prices. November 2024 to October 2025 was the most aggressive buying phase for corporate treasury companies, when Bitcoin prices were mainly in the $75,000 to $125,000 range. Currently, the pace of accumulation has nearly stalled. Whether these enterprises will follow Strategy's example and choose to sell holdings at low levels remains to be seen.
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Elliptic (@elliptic) officially announced that blockchain analytics company Elliptic has received strategic investment from Circle Ventures. Previously, the company completed a $120 million Series D funding round in May this year, led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank, and British Commercial Bank. Meanwhile, Circle has officially joined Elliptic's Agentic Design Partner Program. The program brings together infrastructure providers, compliance institutions, and technical teams to jointly develop compliance solutions for AI agents. Elliptic noted that AI agents differ from traditional bots, as they can set goals autonomously and make independent decisions. Their operating speed and scale have far exceeded the capacity limits of manual compliance systems, urgently requiring specialized solutions to address.
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According to Protos, the stock price of Bitcoin treasury company Hyperscale Data (NYSE: GPUS) closed below $0.14 on July 7, 2026, representing a drop of nearly 100% compared to its historical peak during the 2000 internet bubble (adjusted price over $2.1 billion). The company was formerly an electronics manufacturer established in 1969, Digital Power Corporation, and has since undergone six name changes, five reverse stock splits (cumulative compression ratio exceeding 200 million to 1), and multiple transformations—sequentially involving Bitcoin mining and Michael Saylor-style BTC accumulation strategies. In September 2025, the company announced the launch of a $100 million BTC purchase plan, at which time the stock price was $0.72, and has since fallen cumulatively by over 80%. The company's Executive Chairman Milton "Todd" Ault III was fined and suspended by the Financial Industry Regulatory Authority (FINRA) in 2012, and the company also reached a $700,000 settlement with the SEC in 2023.
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According to TechFlow Research, Nomura Securities confirms the AI cycle peak is extended to 2028. Global data center construction is just beginning to scale up, with the number of projects increasing from 240 to 280, and gigawatt-level projects increasing from 40 to 50. The deployment peak will only begin to decline after 2027, pushing back the entire cycle. Server market growth rates were significantly upwardly revised, with global figures rising from 43% to 74%/65% (2026/2027), and AI servers from 58% to 78%/76% (2026/2027), indicating capacity demand far exceeds prior expectations. However, there are real bottlenecks on the capacity side: Wafer-level Substrate (WoS) has become a constraint. TSMC's capacity target is 2,000kpcs, while Nomura estimates actual output is only 1,800kpcs. Additionally, CPU demand is systematically underestimated; AMD, Arm, and NVIDIA are all expanding the CPU market scale, which will further extend the cycle.
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Odaily报道: Despite Bitcoin's continued pressure in recent times, with a drop of over 50% from its October high and the price briefly falling below the $60,000 mark, Anthony Pompliano, Chairman and CEO of ProCap Financial, stated that this correction could be "one of the healthiest bear markets" in Bitcoin's history, and that the market bottom may be gradually approaching. He believes that as institutional investors continue to enter the market, Bitcoin's volatility is steadily decreasing.
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Web3 security company Immunefi's latest "2026 Ecosystem Vulnerability Audit Report" shows that losses from DeFi protocol hacks have fallen 74% from a peak of $2.62 billion in 2022 to approximately $680.3 million in 2025.The report notes that the median loss per individual attack has also significantly decreased, from $6 million in 2022 to $1.5 million in 2025, reflecting an overall improvement in security standards. Meanwhile, the share of bridge exploits in total DeFi losses has dropped sharply from 73% in 2022 to 3% in 2025, and the proportion of flash loan attacks has fallen from 54% to less than 1%.The proportion of risks at the infrastructure level (such as private key leaks and database attacks) also decreased from 30.7% in 2022 to 10.3% in 2025. Immunefi stated that this reflects continuous optimization in oracle design, reentrancy attack protection, and access control standards, making the DeFi ecosystem "generally becoming safer."However, the report also notes that losses slightly rebounded to $680.3 million in 2025, primarily due to increased complexity in multi-chain systems and a few high-severity incidents. At the same time, the number of independent security incidents continues to rise, indicating the attack surface is still expanding. (The Block)
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According to Hyperinsight monitoring, Hyperliquid’s Total Value Locked (TVL) has surged significantly, rising 7.8% week-on-week. As of 8:00 AM Beijing Time today (the most recent UTC day), TVL reached $5.529 billion—briefly exceeding $5.53 billion the previous day, marking a new high since the “October 11 crash.” Meanwhile, the platform’s open interest climbed to $9.647 billion, the highest level since February this year; and its 24-hour trading volume hit $7 billion, with approximately 28.1% of that volume originating from traditional markets within the HIP-3 ecosystem.
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According to Odaily, crypto analyst EmberCN (@EmberCN) reported that 11 hours ago, Kraken redeemed 50,600 ETH from the restaking project EigenCloud (formerly EigenLayer), valued at approximately $107 million.EmberCN noted that the total TVL in the restaking sector has dropped from approximately $31 billion in August 2025 to the current level of around $11 billion. Among them, EigenCloud, as the sector leader, has also seen its TVL decline from about $22 billion to $5.5 billion.
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CryptoQuant analyst Axel Adler stated that Bitcoin has lost its structural upward momentum amid a sharp deterioration in the macroeconomic environment. This is a significant signal, suggesting the market is currently more in a "Risk-off" phase. Until its on-chain "Impulse" indicator returns above the zero line, every BTC rebound still lacks confirmation.He pointed out that the recently published fourth part of his "Decision Architecture for Bitcoin" focuses on building a macro framework based on the US Dollar Index (DXY), the 10-year US Treasury yield, and the VIX volatility index. The core argument is that not all macro fluctuations will disrupt the on-chain structure, but when macro factors truly enter "dominant mode," the market may temporarily lose upward momentum even if on-chain data is positive.Additionally, CryptoQuant added a dashboard for US spot Bitcoin ETFs this week, covering data such as weekly net inflows, cumulative flow, 30-day ETF Flow Momentum, demand changes over the past four weeks, and capital distribution among various funds. Currently, the 30-day momentum of the ETF stands at just $362.8 million, whereas this indicator reached a high of $13.21 billion in December 2024 and hit a low of -$5.36 billion in November 2025.Adler emphasized that the Coinbase Premium Index remains a crucial indicator for observing US spot demand. When the index stays consistently above zero, it indicates that US buying is still supporting the market. If it turns negative, even if BTC rises, its upward trend may lack genuine US demand support.
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According to Bloomberg, London-based blockchain analytics firm Elliptic Enterprises Ltd. has raised $120 million in a new funding round led by One Peak Partners LLP, with participation from Deutsche Bank and Nasdaq’s venture capital arm. The company’s post-money valuation stands at $670 million. Simone Maini, CEO of Elliptic, stated that the funds will be used to scale service adoption and expand its global business footprint. Against the backdrop of this financing round, major traditional financial institutions are intensifying their strategic investments in the digital assets space.
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Odaily Odaily: Blockchain analytics company Elliptic has completed a new $120 million funding round at a valuation of approximately $670 million. The round was led by One Peak Partners, with participation from Deutsche Bank, the venture arm of Nasdaq, and the British Business Bank. Existing investors, including JPMorgan Chase, also followed on.Founded in 2013, Elliptic provides crypto transaction monitoring and anti-money laundering (AML) and sanctions compliance tools for financial institutions and law enforcement agencies. The company currently screens over 1 billion transactions weekly for more than 700 clients, supporting the compliance operations needed for large banks, asset managers, and fintech companies to conduct digital asset business.
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According to Bloomberg, Devin Nunes, CEO of Trump Media & Technology Group Corp., announced his resignation on the evening of April 22 local time. Nunes, previously a MAGA-aligned U.S. Congressman and former dairy farmer, was appointed to lead the company approximately four years ago. Since Nunes took office, Truth Social—the social media platform operated by Trump Media—has consistently failed to effectively convert the president’s political influence into commercial value. The company’s stock price has plunged nearly 90% from its all-time high.
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