The Ethereum Foundation issued a reminder that the Glamsterdam upgrade will include adjustments to Gas fees (EIP-8037 and EIP-8038), involving changes to the costs of state creation and access. Most contracts will not be affected, but some contracts that rely on hard-coded Gas values and other old assumptions may need to be updated; otherwise, they may fail or experience performance degradation.
Odaily News: 39 U.S. state bankers associations have jointly established the BankChain Alliance, planning to launch an industry-owned blockchain network by 2027 to drive financial innovations such as smart payments, tokenized deposits, and stablecoins. The project is chaired on an interim basis by Kathy Kraninger, CEO of the Florida Bankers Association and former director of the Consumer Financial Protection Bureau. Kraninger stated that the network will be industry-owned, industry-designed, and industry-governed, and interoperable with other networks. The project is currently still seeking technology partners.
Odaily News: Japan is preparing to build a payment infrastructure based on blockchain technology to enable instant settlement of stock and Japanese government bond transactions. The Financial Services Agency, the Ministry of Finance, the Bank of Japan, and relevant financial institutions will launch a study group this summer, with a development plan to be formulated as early as early 2027, covering blockchain design, division of responsibilities among institutions, and a future roadmap. If the plan is officially approved, the system is expected to be built within a few years, with operation starting as early as the early 2030s, and it may be further expanded to international remittances. Currently, cash settlement for Japanese stock transactions is completed two days after the trade, while government bond transactions settle the next day. A real-time settlement system would eliminate the time gap between trading and fund settlement, allowing investors to reinvest proceeds almost immediately after selling assets.
According to the Nikkei, Japan's Financial Services Agency, Ministry of Finance, Bank of Japan, and financial institutions plan to establish a research group in the summer of 2026 to promote the construction of next-generation payment and settlement infrastructure based on blockchain (distributed ledger), with a specific preparation plan expected to be formed in early 2027.The plan initially focuses on government bonds and stock trading, aiming to achieve 24-hour instant settlement of funds and securities. The report notes that although there have been several blockchain financial application trials in the past, this is the first time the Japanese government and central bank have set a clear timeline for the actual implementation of related infrastructure.
Bloomberg ETF analyst Eric Balchunas stated that gold and Bitcoin ETFs have returned to the top ten funds by trading volume, which may indicate that "devaluation trades" are replacing the AI craze.Balchunas pointed out that this phenomenon reflects the market's capital flow shifting from AI-related assets to asset classes like gold and Bitcoin, which are seen as hedges against currency devaluation.
According to Catcher Predict monitoring, in the Polymarket event "Milwaukee Brewers vs. New York Mets," the sub-market "Overtime" option's probability of "Yes" has experienced a dramatic fluctuation, rising from 8% an hour ago to the current 50% (a fluctuation of 42%). Please note the impact of related breaking news.
A Reuters survey shows that most economists believe the Bank of Japan will take action faster than previously expected, and will raise interest rates again in September, with the terminal rate potentially being higher. 57% of economists expect an interest rate hike next month, a significant increase from 5% in July. Ayako Fujita, Chief Economist for Japan at JPMorgan, stated that delaying the rate hike could lead to market turmoil. In addition, more than two-thirds of respondents believe that the recent US-Japan joint foreign exchange intervention has had limited effects.
The Barclays strategy team stated that the rapidly expanding AI infrastructure is triggering a backlash among bipartisan voters in the United States, which could pose political risks to the currently popular AI trades.The construction of data centers has made AI a cost of living issue, and voters are dissatisfied with rising electricity costs. Barclays warns investors that AI trades lack new upward catalysts, and related stocks may face policy pressure.
The American Bankers Association announced plans to create a nationwide financial infrastructure based on blockchain to optimize industry collaboration and settlement efficiency.
Odaily News: Thailand's Securities and Exchange Commission (SEC) is seeking public comment on proposed rules for spot Bitcoin and Ethereum ETFs, with the draft also covering adjustments to eligibility requirements for foreign custodians. Digital asset ETFs must be established and managed by licensed asset management companies and are subject to existing ETF rules and digital asset investment requirements.
The Thai SEC stated that Bitcoin and Ethereum funds will be included first, and other altcoin funds will be considered only after conditions are met; wrapper funds will also be opened later. Such products must be listed and traded on the Stock Exchange of Thailand (SET), and foreign custody arrangements may be adopted when necessary and appropriate. (Bitcoin.com News)
Cryptocurrency infrastructure provider Zerohash has resubmitted its national trust bank charter application to the Office of the Comptroller of the Currency (OCC), marking its second attempt following the rejection of its application in July. Previously, on July 17, the OCC returned Zerohash's application, citing "insufficient materials."Zerohash stated that the return was part of an administrative process, allowing it to reapply this month, a practice coordinated with the OCC and not a judgment on the substantive content of the application, nor does it affect the company's existing operations. The company noted that the initial application covered "a wide range of digital assets and fiduciary services," and thus decided to adopt a "phased" approach, focusing on "national trust business that aligns more closely with the established launch timeline."Zerohash is a Chicago-based cryptocurrency infrastructure platform that provides backend operational support for cryptocurrency businesses to institutions such as E*Trade under Morgan Stanley, BlackRock, Franklin Templeton, Stripe, Interactive Brokers, and DraftKings, and it already holds a state trust bank charter.
The Alibaba Qwen team will release Qwen 3.8-Flash-Next on Wednesday, which is a mixture of experts (MoE) model with a total of 125 billion parameters, but only 6 billion parameters are activated for each token. The team positions it as a preview version of the next-generation Qwen 4 architecture, rather than the final flagship model.The model is described as multimodal and is built on the upcoming Qwen 4 architecture. The team stated that the early release of this version is to prepare developers for the subsequent complete Qwen series. The model weights will be hosted on the Hugging Face and ModelScope platforms.As of now, Qwen has not disclosed the benchmark results for this model, nor has it released comparative data with its own Qwen 3 series or overseas competitors. The specific figures of 125 billion and 6 billion parameters have not been officially confirmed. As an open-weight model, developers can download, fine-tune, and run it for free without sending data to a closed API, which helps reduce the cost of hosting the model.
Fairlead Strategies Managing Partner Katie Stockton stated that Bitcoin is no longer in an oversold state, but it has not yet reached an overbought state. She pointed out that Bitcoin broke through the 200-day moving average in May, and a potential breakout may be imminent. Last week, Bitcoin began to rise due to news that the U.S. Treasury would at least double the scale of liquidity support repurchase operations, with a 7-day increase of over 22%, and the latest trading price is around $78,915, having previously surpassed $81,000 on Monday.For most of June and July, Bitcoin traded below $65,000 and experienced the lowest volatility in 17 years. Analysts believe that the so-called "devaluation trade" may heat up again, where investors buy assets when they believe fiat currencies are devaluing. The dollar declined after the Treasury's announcement, while gold and Bitcoin rose accordingly. U.S. investors re-entered Bitcoin ETFs last week, with inflows nearing $2 billion.Additionally, President Trump met with crypto executives at the White House last week, stating that pushing the Clarity Act through would keep the U.S. ahead. The bill was originally scheduled for a vote in August but has now been postponed to September, and it will establish a framework for distinguishing between securities, commodities, and payment stablecoins in digital assets.
According to Catcher Predict monitoring, in the prediction market Polymarket for the event "The United States announces the end of the blockade on Iran," the sub-market "September 14" saw the probability of the "Yes" option fluctuate dramatically, soaring from 22.5% an hour ago to the current 42% (a fluctuation of 19.5%). Please note the impact of relevant breaking news.
Sources from the Pakistani military and Iranian security agencies reveal that the United States and Iran have reached a consensus on the terms of a ceasefire agreement, which includes the freedom of navigation in the Strait of Hormuz. Both parties are expected to announce relevant news in the coming days and initiate negotiations and technical meetings based on the Islamabad memorandum.
According to Decrypt, the cryptocurrency market sentiment has entered the "extreme greed" zone, marking the first time since the end of 2024. The crypto fear and greed index measured by CoinMarketCap reached 81 on Sunday evening and has remained at that level, surpassing the "extreme greed" threshold of 80. A month ago, the index was at 36 (fear), and a week ago it was at 41 (neutral), climbing 45 points in just 30 days, nearly erasing all the cautious sentiment accumulated in the first half of 2026.This is also the fastest sentiment shift for the index this year, and it is the only instance since CoinMarketCap began tracking the index where it jumped directly from "extreme fear" to "extreme greed." Alternative.me has tracked the index for a longer period, and its methodology still places the index in the "greed" range (6% away from extreme greed), but the momentum of the sentiment shift is consistent. The index hit a year-to-date low of 5 on February 5, deeply entrenched in "extreme fear," and from that bottom to this week's 81 points, the market has completed a round trip from total capitulation to extreme greed in six months.This sentiment reversal coincides with Bitcoin's performance. Bitcoin rose about 24% in a week, outperforming the overall crypto market, with its share of total market capitalization continuing to rise. The rally began last Wednesday when the U.S. Treasury announced it would double the size of long-term bond repurchases from $2 billion to $4 billion per transaction, weakening the dollar and prompting investors to view Bitcoin as an inflation hedge. After Bitcoin broke through $70,000, short sellers were forced to cover, liquidating over $4 billion in crypto shorts within two to three days;
The French open-source weight AI laboratory Mistral and the AI company HUMAIN under the Saudi Arabian Public Investment Fund (PIF) announced plans to build "sovereign AI" infrastructure in Saudi Arabia and the broader region. According to a joint announcement from both parties, this collaboration is valued at "hundreds of millions of euros" and aims to meet the growing demand for sovereign AI, where data is not controlled by third-party companies, and models can be owned under open weights.Both parties will jointly develop and localize advanced models and deploy AI solutions within Saudi Arabia and the broader region. Mistral is building its computing power layout through its end-to-end infrastructure division, Mistral Compute. This collaboration will allow it to run workloads on local computing power in Saudi Arabia, rather than relying solely on computing power from Europe and the United States. The two sides also plan to conduct joint marketing in regulated industries in Saudi Arabia. The first deliverables will cover cybersecurity and voice fields, involving inference, open models, and cutting-edge Arabic models in the region.HUMAIN has accumulated over a year of construction. In November 2025, it expanded its cooperation with NVIDIA, planning to deploy up to 600,000 of NVIDIA's latest AI systems, including the GB300 platform, within three years; it also reached a data center agreement with xAI, relying on a facility with over 500 MW, and made an agreement with AWS to manage up to 150,000 GPUs in the Riyadh AI Zone. In the same month, HUMAIN, AMD, and Cisco established a joint venture aimed at building up to 1 GW of AI infrastructure by 2030.
According to Catcher Predict monitoring, in the event "US Open Qualifying Match Kwon Soon-Woo vs Dusan Lajovic" on the prediction market Polymarket, the option "Kwon Soon-Woo Wins" in the sub-market "US Open, Qualification ATP: Soon-Woo Kwon vs Dusan Lajovic Game Spread +/-1.5" has experienced a dramatic fluctuation in winning probability, soaring from 19.5% an hour ago to the current 47% (a fluctuation of 27.5%). Please note the impact of related breaking news.
Franklin Templeton portfolio manager Sara Alagi stated that Nvidia investors are focused not only on the company's earnings report "exceeding expectations," but also on the specific details of the company's capital deployment and spending plans. She pointed out that Nvidia's expected price-to-earnings ratio for the next 12 months is about 21 times, and the market has priced in expectations of slowing growth. Nvidia needs to demonstrate earnings growth to prove that its free cash flow can be used for investments and stock buybacks.