News Heat Trend
Project Overview
Range is a real-time security platform for blockchains and rollups, focusing on a multi-chain/rollup present where bridges are critical, not an afterthought. Range gives community powerful alerting capabilities to monitor their personal wallets and smart contracts.
Stablecoin compliance startup Range raises $8.3 million in Series A funding, with participation from TX Ventures and others
Range, a stablecoin compliance startup, announced the completion of an $8.3 million Series A funding round, with participation from TX Ventures, SixThirty, Maven 11 Capital, Onigiri Capital, and others. The project's total funding to date has reached $11 million.Range provides a unified platform for companies operating both stablecoins and fiat currencies. Its core products include Unify, a real-time ledger system, and Protect, an on-chain transaction screening tool. Its clients include Circle, Solana Foundation, Stellar, Squads, and Jupiter, among others. The funds from this round will be used to expand the Unify and Protect products, grow the engineering and business development teams, and increase integrations and network coverage. (The Block)
stablecoin compliance infrastructure Range completes $8.3 million Series A funding, led by TX Ventures and others
stablecoin compliance infrastructure Range has announced the completion of an $8.3 million Series A funding round. The round was led by Swiss TX Ventures and US-based SixThirty, along with other traditional fintech funds, with participation from crypto-native funds such as Maven 11 Capital and Onigiri Capital. To date, the company's total funding has reached $11 million. The new funds will be used to support the development of a unified compliance financial infrastructure platform designed to bridge stablecoins and fiat payment systems, primarily serving enterprises that operate on both on-chain and traditional banking systems. (Chainwire)
Federal Reserve's Hawkish Dot Plot Shocks Market: Gold Sees V-Shaped Rebound, Bitcoin's Key Range Settles at $64,000-$65,000
CryptoQuant analyst Axel Adler stated that Bitcoin weakened rapidly after the Federal Reserve held interest rates steady at 3.50%-3.75% and released a relatively hawkish dot plot, falling below the $64,000 mark and dropping about 4% from its intraday high.This meeting marked the Fed's fourth consecutive pause, but the latest dot plot indicates a significant shift towards a hawkish policy path: several officials now expect the possibility of further rate hikes this year, further diminishing the market's pricing of "rate cut expectations." Analysts believe this change has a greater impact than the rate decision itself, directly suppressing risk asset valuations.Market data shows that Bitcoin initially surged to around $66,400 following the announcement, before quickly reversing downward amid heavy selling pressure, hitting a low of approximately $63,870. Trading volume notably expanded, indicating active selling-driven declines. The price is currently consolidating near the lower end of the $63,600–$64,000 range, with no significant inbound capital from bargain hunting.In stark contrast is gold's performance. Spot gold rapidly recovered after briefly dipping to around $4,220, climbing back above the $4,300 level to trade near $4,321, demonstrating strong defensive attributes and capital absorption capacity. Even against a backdrop of easing geopolitical risks, safe-haven demand remains resilient.Market participants pointed out that the core divergence in this round of reaction lies in the repricing of asset attributes: gold completed a swift recovery under the same macroeconomic shock, while Bitcoin failed to reclaim the key level of $64,000, highlighting the higher sensitivity of risk assets to "higher-for-longer interest rates."Overall, the market is transitioning from a phase of "loose expectations supporting risk assets" to one of "hawkish path suppressing valuations," with short-term risk appetite clearly cooling. The key observation point is whether Bitcoin can re-enter the $64,000–$65,000 range with volume confirming stability; otherwise, a weak consolidation structure may persist.
Remixpoint Announces FY2027 Financial Forecasts; Net Sales for Digital Asset Management Business Expected to Range from ¥5.107 Billion to ¥12.442 Billion
Remixpoint, a Japanese Bitcoin treasury company, has released its consolidated earnings forecast for the fiscal year ending March 31, 2027. According to the forecast, net sales for FY2027 are expected to range from ¥48.777 billion to ¥56.112 billion, operating profit from ¥6.723 billion to ¥14.058 billion, net income attributable to owners of parent from ¥5.319 billion to ¥11.443 billion, and earnings per share from ¥36.28 to ¥78.06. The digital asset management business is projected to contribute net sales of ¥5.107 billion to ¥12.442 billion, with departmental profit matching this amount. The forecast assumes a Bitcoin price range of $86,000 to $116,000, which is expected to generate valuation gains of ¥4.707 billion to ¥12.042 billion, along with approximately ¥400 million in cryptocurrency lending revenue. Additionally, the energy business is expected to achieve departmental profit of ¥2.005 billion, while the energy storage solutions business is projected to achieve departmental profit of ¥1.002 billion. The company stated that FY2027 will serve as a pivotal year for restoring profitability and enhancing contributions from growth businesses, and plans to improve transparency in revenue structure and KPI disclosures across all business segments.
CryptoQuant: Bitcoin Is Approaching Its Valuation Bottom Range, but Shrinking Demand Indicates the Bottom Has Not Yet Been Confirmed
CryptoQuant’s latest report states that Bitcoin has fallen to a new low of $59,000 in this bear market cycle—only 9% above its realized price of $53,600—and is now approaching the historical bottom range of past bear markets from a valuation perspective.
Analyst: Bitcoin Records Net Losses for 22 Consecutive Days, Valuations Enter Historically Low Range
Odaily News, CryptoQuant analyst Axel Adler Jr. stated that Bitcoin's price has retraced approximately 20% over the past month, with two key on-chain indicators showing sustained market sentiment pressure. Among them, Bitcoin's MVRV Z-score has dropped from 0.95 a month ago to 0.32, far below the historical average of 1.71, indicating that the previous valuation premium has largely been digested and the market has entered a range more conducive to long-term accumulation.Meanwhile, Bitcoin's 7-day simple moving average of Net Realized Profit/Loss has been in negative territory for 22 consecutive days, meaning the market has been completing transactions at a loss since May 18. The indicator hit a low of approximately -$1.2 billion on June 6 and has since slightly recovered to around -$1.1 billion. Although market pressure is evident, it remains below the extreme levels of approximately -$2.2 billion seen during the 2022 bear market capitulation phase.Axel Adler Jr. pointed out that currently, a large number of holders are selling Bitcoin below their cost basis, reflecting significant market fear and capitulation sentiment. However, the MVRV Z-score remains above 0, suggesting that the market has not yet entered a deeply undervalued zone, nor has it presented a historically significant value trough.He believes that combining these two indicators, while market sentiment is relatively weak, valuations have clearly cooled down. Going forward, key focus points will be whether the Net Realized Profit/Loss can return above the zero line and whether the MVRV Z-score can maintain a positive value. If the MVRV Z-score falls below 0, or realized losses move closer to the extreme levels of 2022 once again, it could signal the onset of a deeper phase of market capitulation.
Fed Governor Waller Favors Inflation Target Range of 1.5%-2.5%
Odaily Planet Daily reported that Federal Reserve Governor Christopher Waller said he prefers to set the inflation target as a range rather than the current single-point target of 2%. Personally, he would lean towards a target range of 1.5% to 2.5%. He stated that requiring central banks to precisely control inflation to a specific figure is unrealistic, and using a single-point target to judge the success or failure of monetary policy can sometimes be too harsh. Adopting a target range may better reflect actual economic conditions.
Stablecoin compliance startup Range raises $8.3 million in Series A funding, with participation from TX Ventures and others
Range, a stablecoin compliance startup, announced the completion of an $8.3 million Series A funding round, with participation from TX Ventures, SixThirty, Maven 11 Capital, Onigiri Capital, and others. The project's total funding to date has reached $11 million.Range provides a unified platform for companies operating both stablecoins and fiat currencies. Its core products include Unify, a real-time ledger system, and Protect, an on-chain transaction screening tool. Its clients include Circle, Solana Foundation, Stellar, Squads, and Jupiter, among others. The funds from this round will be used to expand the Unify and Protect products, grow the engineering and business development teams, and increase integrations and network coverage. (The Block)
stablecoin compliance infrastructure Range completes $8.3 million Series A funding, led by TX Ventures and others
stablecoin compliance infrastructure Range has announced the completion of an $8.3 million Series A funding round. The round was led by Swiss TX Ventures and US-based SixThirty, along with other traditional fintech funds, with participation from crypto-native funds such as Maven 11 Capital and Onigiri Capital. To date, the company's total funding has reached $11 million. The new funds will be used to support the development of a unified compliance financial infrastructure platform designed to bridge stablecoins and fiat payment systems, primarily serving enterprises that operate on both on-chain and traditional banking systems. (Chainwire)
Federal Reserve's Hawkish Dot Plot Shocks Market: Gold Sees V-Shaped Rebound, Bitcoin's Key Range Settles at $64,000-$65,000
CryptoQuant analyst Axel Adler stated that Bitcoin weakened rapidly after the Federal Reserve held interest rates steady at 3.50%-3.75% and released a relatively hawkish dot plot, falling below the $64,000 mark and dropping about 4% from its intraday high.This meeting marked the Fed's fourth consecutive pause, but the latest dot plot indicates a significant shift towards a hawkish policy path: several officials now expect the possibility of further rate hikes this year, further diminishing the market's pricing of "rate cut expectations." Analysts believe this change has a greater impact than the rate decision itself, directly suppressing risk asset valuations.Market data shows that Bitcoin initially surged to around $66,400 following the announcement, before quickly reversing downward amid heavy selling pressure, hitting a low of approximately $63,870. Trading volume notably expanded, indicating active selling-driven declines. The price is currently consolidating near the lower end of the $63,600–$64,000 range, with no significant inbound capital from bargain hunting.In stark contrast is gold's performance. Spot gold rapidly recovered after briefly dipping to around $4,220, climbing back above the $4,300 level to trade near $4,321, demonstrating strong defensive attributes and capital absorption capacity. Even against a backdrop of easing geopolitical risks, safe-haven demand remains resilient.Market participants pointed out that the core divergence in this round of reaction lies in the repricing of asset attributes: gold completed a swift recovery under the same macroeconomic shock, while Bitcoin failed to reclaim the key level of $64,000, highlighting the higher sensitivity of risk assets to "higher-for-longer interest rates."Overall, the market is transitioning from a phase of "loose expectations supporting risk assets" to one of "hawkish path suppressing valuations," with short-term risk appetite clearly cooling. The key observation point is whether Bitcoin can re-enter the $64,000–$65,000 range with volume confirming stability; otherwise, a weak consolidation structure may persist.
QCP: Inflation Data Releases Pile Up—BTC May Remain Range-Bound in the Short Term
According to QCP analysis, this week features a dense schedule of macroeconomic events, with market attention focused on three key themes: First, President Trump and President Xi Jinping are scheduled to meet in Beijing this week, with discussions expected to cover tariffs, the rare-earth supply chain, and the Middle East situation; markets are watching closely to see whether substantive progress can be achieved on trade. Second, April’s CPI, PPI, and retail sales data will be released sequentially; if inflation stabilizes, real yields may decline—historically providing support for the crypto market—whereas the opposite would reinforce expectations of monetary tightening. Third, the U.S. Senate Banking Committee will hold hearings on the CLARITY Act; legislative progress could further catalyze institutional capital inflows. Currently, despite ETF outflows last week, BTC has held the $80,000 level, while crypto volatility remains near its lowest point of the year, with the VIX at approximately 18. In the short term, BTC is highly likely to remain range-bound, with $84,000 serving as a key resistance level.
Analysis: Bitcoin Holds at $77,000 Range, Powell's "Final FOMC" Adds Market Uncertainty
Odaily Bitcoin remained consolidating above $77,000 on Wednesday, with markets cautious ahead of the Federal Reserve's interest rate decision. According to market data, Bitcoin fluctuated within the range of approximately $75,689 to $77,837 during the session, and is currently trading around $77,100.This FOMC meeting is seen as a pivotal event. Markets widely expect interest rates to remain unchanged, but the real focus is on whether Federal Reserve Chairman Jerome Powell will signal a "higher-for-longer" hawkish stance. Additionally, this meeting may be his last as Fed Chair, with markets simultaneously pricing in uncertainty regarding policy direction and potential power transitions.On the capital front, U.S. spot Bitcoin ETFs saw a reversal after nine consecutive days of net inflows. SoSoValue data shows that on April 28, ETFs recorded net outflows of approximately $89.68 million. Among them, BlackRock's IBIT saw a single-day outflow of about $112 million. Meanwhile, Ethereum ETFs also logged net outflows of $21.8 million.On-chain data also signals caution. CryptoQuant noted that on April 27, exchange net inflows reached 9,905 BTC, the largest single-day inflow in nearly 30 days. Exchange reserves have also rebounded recently. If these inflows are not quickly absorbed, prices could retest the support range of $74,000–$75,000.On the macroeconomic front, fluctuations in crude oil prices and shifts in the Middle East energy landscape continue to influence inflation expectations. Some analysts believe this could limit the Fed's room for future easing. Meanwhile, market liquidity continues to weaken, with institutional trading volumes and perpetual contract activity both at low levels. This means any policy surprise could amplify price volatility.Overall, Bitcoin remains in a "low liquidity + high event risk" structure and may continue to oscillate within the $72,000 to $80,000 range in the short term, awaiting further clarity on the Fed's policy path. (The Block)
Goldman Sachs: US Stocks Range-Bound in August, Deleveraging Nearing End
According to TechFlow Research, Goldman Sachs' research report on July 29 pointed out that the 5-year historical percentile of the total leverage ratio of global accounts remains at the 93rd percentile, the hedge fund long-short ratio has decreased from 5.7 times to 3.2 times, and deleveraging progress exceeds 90%. In July, net inflows into US stock funds were $34 billion, marking the third highest level for the same period in nearly 20 years. The S&P 500 fell below the short-term trigger level of 7,453 points; if it continues to decline, it will trigger concentrated CTA selling. Goldman Sachs estimates that systematic strategies hold approximately $196.3 billion in US stock long positions, with CTA positions at the 44th percentile. Goldman Sachs judges that US stocks are unlikely to have a trending market in August, with overall performance dominated by range-bound oscillation. Buybacks are the most certain buying support in August; currently, about 31% of S&P 500 constituents are in the buyback window, and it is expected that over 90% of companies will end the quiet period by mid-August. However, seasonal capital outflows, quantitative selling, and conservative institutional positions jointly suppress upward space. Goldman Sachs recommends reverse dispersion strategies and IWM put options as hedging tools.
QCP: BTC Trades in Narrow Range, Surging Oil Prices Weigh on Risk Assets
据 QCP Group 发布的市场报告，当前市场整体处于风险规避状态。受美伊紧张局势升级影响，布伦特原油突破每桶 85 美元，创一个月新高，周涨幅超 10%；美股半导体板块领跌，市场担忧超大规模云厂商或削减 AI 基础设施支出，资金转向防御性板块与能源板块。 加密市场方面，BTC 持续在 63,000 至 65,000 美元区间内窄幅整理，现报 64,100 美元附近，7 月 17 日曾短暂跌至 62,924 美元低点；ETH 表现持续弱于 BTC，现报 1,832 美元，此前短暂突破 1,900 美元后回落，关键阻力位在 1,847 美元，多头需收复 200 日均线（约 2,400 美元）方可改善整体结构。 资金面出现积极信号，美国现货比特币 ETF 连续四日录得净流入，扭转此前创纪录的 80 亿美元净流出趋势。期权市场方面，已实现波动率持续压缩，前端期权定价相对低廉，做市商在 7 月 28 至 29 日 FOMC 会议前处于 Gamma 空头状态，若霍尔木兹海峡紧张局势缓和，上行加速风险不容忽视。
Analyst: SpaceX Stock Faces Strong Resistance at $165, Potential Drop to $149 Range if Rejected
Analyst Ali stated on X platform that the SpaceX stock price has now hit the key resistance level of $165, which is considered the top of its channel. As long as the $165 level is not broken effectively, the short-term trend remains susceptible to a pullback, with the price potentially falling to $157, or even further down to the channel support around $149.Ali added that if the price can effectively break and hold above $165, it would invalidate the current bearish structure and could open up room for an upward move, targeting the $180 level.
CryptoQuant: Bitcoin UTXO Profit/Loss Ratio Falls into Historical Bottom Range, But Bottom Signal Not Yet Fully Confirmed
CryptoQuant analyst MorenoDV_ pointed out in a post that the current reading of the Bitcoin UTXO Realized Profit/Loss model has fallen into the range commonly seen during historical bottoms, indicating the market is undergoing a deeper internal cleanup. However, the analyst emphasized that this does not mean the bottom has been confirmed—the 365-day moving average needs to decline further to prove that the market's long-term profit structure has been fully reset, rather than being merely a short-term oversold reaction. Although a brief rebound triggered by a short squeeze may occur currently, if the profit/loss ratio fails to rebuild sustainably, it should not be regarded as a signal of structural recovery. Overall, signs of BTC internal cleanup are emerging, but historical patterns indicate the market may still need to endure more pressure before fully exiting this bear market.
Federal Reserve's Hawkish Dot Plot Shocks Market: Gold Sees V-Shaped Rebound, Bitcoin's Key Range Settles at $64,000-$65,000
CryptoQuant analyst Axel Adler stated that Bitcoin weakened rapidly after the Federal Reserve held interest rates steady at 3.50%-3.75% and released a relatively hawkish dot plot, falling below the $64,000 mark and dropping about 4% from its intraday high.This meeting marked the Fed's fourth consecutive pause, but the latest dot plot indicates a significant shift towards a hawkish policy path: several officials now expect the possibility of further rate hikes this year, further diminishing the market's pricing of "rate cut expectations." Analysts believe this change has a greater impact than the rate decision itself, directly suppressing risk asset valuations.Market data shows that Bitcoin initially surged to around $66,400 following the announcement, before quickly reversing downward amid heavy selling pressure, hitting a low of approximately $63,870. Trading volume notably expanded, indicating active selling-driven declines. The price is currently consolidating near the lower end of the $63,600–$64,000 range, with no significant inbound capital from bargain hunting.In stark contrast is gold's performance. Spot gold rapidly recovered after briefly dipping to around $4,220, climbing back above the $4,300 level to trade near $4,321, demonstrating strong defensive attributes and capital absorption capacity. Even against a backdrop of easing geopolitical risks, safe-haven demand remains resilient.Market participants pointed out that the core divergence in this round of reaction lies in the repricing of asset attributes: gold completed a swift recovery under the same macroeconomic shock, while Bitcoin failed to reclaim the key level of $64,000, highlighting the higher sensitivity of risk assets to "higher-for-longer interest rates."Overall, the market is transitioning from a phase of "loose expectations supporting risk assets" to one of "hawkish path suppressing valuations," with short-term risk appetite clearly cooling. The key observation point is whether Bitcoin can re-enter the $64,000–$65,000 range with volume confirming stability; otherwise, a weak consolidation structure may persist.
Ansem: Hawkish FOMC Could Lead to a Broad Decline in Risk Assets, BTC May Retest Range Lows Again
Odaily News Trader Ansem posted that Warsh and a hawkish FOMC could pressure risk assets, anticipating a widespread decline in risk assets tomorrow, while BTC has already shown relative weakness compared to most assets. He believes that BTC's multi-timeframe failure to break through weekly resistance could lead to a retest of range lows.
QCP: BTC Trades in Narrow Range, Surging Oil Prices Weigh on Risk Assets
据 QCP Group 发布的市场报告，当前市场整体处于风险规避状态。受美伊紧张局势升级影响，布伦特原油突破每桶 85 美元，创一个月新高，周涨幅超 10%；美股半导体板块领跌，市场担忧超大规模云厂商或削减 AI 基础设施支出，资金转向防御性板块与能源板块。 加密市场方面，BTC 持续在 63,000 至 65,000 美元区间内窄幅整理，现报 64,100 美元附近，7 月 17 日曾短暂跌至 62,924 美元低点；ETH 表现持续弱于 BTC，现报 1,832 美元，此前短暂突破 1,900 美元后回落，关键阻力位在 1,847 美元，多头需收复 200 日均线（约 2,400 美元）方可改善整体结构。 资金面出现积极信号，美国现货比特币 ETF 连续四日录得净流入，扭转此前创纪录的 80 亿美元净流出趋势。期权市场方面，已实现波动率持续压缩，前端期权定价相对低廉，做市商在 7 月 28 至 29 日 FOMC 会议前处于 Gamma 空头状态，若霍尔木兹海峡紧张局势缓和，上行加速风险不容忽视。
Strategy Bitcoin Strategy Manager: STRC Short-Term Dislocation Fixed, Targeting Long-Term Return to $99–100 Range
Chaitanya Jain, Bitcoin Strategy Manager at Strategy, stated on X that STRC has begun to recover after a brief price dislocation. The company's goal is to drive its long-term gradual return and stabilization in the $99–100 range.He noted that Strategy will achieve this goal through multiple tools, including: a floating dividend rate mechanism, a continuously growing USD reserve, the gradual unwinding of convertible bond structures, share buybacks, and ongoing product feature enhancements.
Stablecoin compliance startup Range raises $8.3 million in Series A funding, with participation from TX Ventures and others
Range, a stablecoin compliance startup, announced the completion of an $8.3 million Series A funding round, with participation from TX Ventures, SixThirty, Maven 11 Capital, Onigiri Capital, and others. The project's total funding to date has reached $11 million.Range provides a unified platform for companies operating both stablecoins and fiat currencies. Its core products include Unify, a real-time ledger system, and Protect, an on-chain transaction screening tool. Its clients include Circle, Solana Foundation, Stellar, Squads, and Jupiter, among others. The funds from this round will be used to expand the Unify and Protect products, grow the engineering and business development teams, and increase integrations and network coverage. (The Block)
stablecoin compliance infrastructure Range completes $8.3 million Series A funding, led by TX Ventures and others
stablecoin compliance infrastructure Range has announced the completion of an $8.3 million Series A funding round. The round was led by Swiss TX Ventures and US-based SixThirty, along with other traditional fintech funds, with participation from crypto-native funds such as Maven 11 Capital and Onigiri Capital. To date, the company's total funding has reached $11 million. The new funds will be used to support the development of a unified compliance financial infrastructure platform designed to bridge stablecoins and fiat payment systems, primarily serving enterprises that operate on both on-chain and traditional banking systems. (Chainwire)
Remixpoint Announces FY2027 Financial Forecasts; Net Sales for Digital Asset Management Business Expected to Range from ¥5.107 Billion to ¥12.442 Billion
Remixpoint, a Japanese Bitcoin treasury company, has released its consolidated earnings forecast for the fiscal year ending March 31, 2027. According to the forecast, net sales for FY2027 are expected to range from ¥48.777 billion to ¥56.112 billion, operating profit from ¥6.723 billion to ¥14.058 billion, net income attributable to owners of parent from ¥5.319 billion to ¥11.443 billion, and earnings per share from ¥36.28 to ¥78.06. The digital asset management business is projected to contribute net sales of ¥5.107 billion to ¥12.442 billion, with departmental profit matching this amount. The forecast assumes a Bitcoin price range of $86,000 to $116,000, which is expected to generate valuation gains of ¥4.707 billion to ¥12.042 billion, along with approximately ¥400 million in cryptocurrency lending revenue. Additionally, the energy business is expected to achieve departmental profit of ¥2.005 billion, while the energy storage solutions business is projected to achieve departmental profit of ¥1.002 billion. The company stated that FY2027 will serve as a pivotal year for restoring profitability and enhancing contributions from growth businesses, and plans to improve transparency in revenue structure and KPI disclosures across all business segments.
CryptoQuant: Bitcoin Is Approaching Its Valuation Bottom Range, but Shrinking Demand Indicates the Bottom Has Not Yet Been Confirmed
CryptoQuant’s latest report states that Bitcoin has fallen to a new low of $59,000 in this bear market cycle—only 9% above its realized price of $53,600—and is now approaching the historical bottom range of past bear markets from a valuation perspective.
Related news
Goldman Sachs: US Stocks Range-Bound in August, Deleveraging Nearing End
According to TechFlow Research, Goldman Sachs' research report on July 29 pointed out that the 5-year historical percentile of the total leverage ratio of global accounts remains at the 93rd percentile, the hedge fund long-short ratio has decreased from 5.7 times to 3.2 times, and deleveraging progress exceeds 90%. In July, net inflows into US stock funds were $34 billion, marking the third highest level for the same period in nearly 20 years. The S&P 500 fell below the short-term trigger level of 7,453 points; if it continues to decline, it will trigger concentrated CTA selling. Goldman Sachs estimates that systematic strategies hold approximately $196.3 billion in US stock long positions, with CTA positions at the 44th percentile. Goldman Sachs judges that US stocks are unlikely to have a trending market in August, with overall performance dominated by range-bound oscillation. Buybacks are the most certain buying support in August; currently, about 31% of S&P 500 constituents are in the buyback window, and it is expected that over 90% of companies will end the quiet period by mid-August. However, seasonal capital outflows, quantitative selling, and conservative institutional positions jointly suppress upward space. Goldman Sachs recommends reverse dispersion strategies and IWM put options as hedging tools.
Analysis: Bitcoin Implied Volatility Approaches Historical Support Range, "Volatility Explosion" Risk Heats Up
According to CoinDesk, the Bitcoin 30-day Implied Volatility Index (BVIV) is currently hovering within the 34%–38% range. This range has repeatedly served as a precursor to volatility explosions in recent years, accompanied by significant price declines, and the market needs to be wary of "volmageddon" (volatility surge) risks. Historical patterns show: • After BVIV touched this range at the end of May this year, Bitcoin dropped from $74,000 to below $60,000 in less than a week • Similar signals appeared prior to the crash in early February this year and the correction following the all-time high in October The current BVIV is below the 30-day and 200-day moving averages, implying volatility is relatively "cheap" and at a historically reliable support level; the mean reversion characteristic suggests upward pressure on volatility ahead.
QCP: BTC Trades in Narrow Range, Surging Oil Prices Weigh on Risk Assets
据 QCP Group 发布的市场报告，当前市场整体处于风险规避状态。受美伊紧张局势升级影响，布伦特原油突破每桶 85 美元，创一个月新高，周涨幅超 10%；美股半导体板块领跌，市场担忧超大规模云厂商或削减 AI 基础设施支出，资金转向防御性板块与能源板块。 加密市场方面，BTC 持续在 63,000 至 65,000 美元区间内窄幅整理，现报 64,100 美元附近，7 月 17 日曾短暂跌至 62,924 美元低点；ETH 表现持续弱于 BTC，现报 1,832 美元，此前短暂突破 1,900 美元后回落，关键阻力位在 1,847 美元，多头需收复 200 日均线（约 2,400 美元）方可改善整体结构。 资金面出现积极信号，美国现货比特币 ETF 连续四日录得净流入，扭转此前创纪录的 80 亿美元净流出趋势。期权市场方面，已实现波动率持续压缩，前端期权定价相对低廉，做市商在 7 月 28 至 29 日 FOMC 会议前处于 Gamma 空头状态，若霍尔木兹海峡紧张局势缓和，上行加速风险不容忽视。
MoneyGram, Figure Markets, and Range to Join Stellar Network as Primary Validator Nodes
payment company MoneyGram, Figure's digital asset division Figure Markets, and stablecoin infrastructure provider Range will join the Stellar network as primary validator nodes. According to the official statement, each validator node can choose which other nodes to trust in order to reach consensus on the state of the ledger. Validators maintain publicly transparent identities and uphold the highest standards of uptime to ensure the security and liveness of the entire network.
Fed Governor Waller Favors Inflation Target Range of 1.5%-2.5%
Odaily Planet Daily reported that Federal Reserve Governor Christopher Waller said he prefers to set the inflation target as a range rather than the current single-point target of 2%. Personally, he would lean towards a target range of 1.5% to 2.5%. He stated that requiring central banks to precisely control inflation to a specific figure is unrealistic, and using a single-point target to judge the success or failure of monetary policy can sometimes be too harsh. Adopting a target range may better reflect actual economic conditions.
Strategy Bitcoin Strategy Manager: STRC Short-Term Dislocation Fixed, Targeting Long-Term Return to $99–100 Range
Chaitanya Jain, Bitcoin Strategy Manager at Strategy, stated on X that STRC has begun to recover after a brief price dislocation. The company's goal is to drive its long-term gradual return and stabilization in the $99–100 range.He noted that Strategy will achieve this goal through multiple tools, including: a floating dividend rate mechanism, a continuously growing USD reserve, the gradual unwinding of convertible bond structures, share buybacks, and ongoing product feature enhancements.