Bitcoin Funding Rate Turns Negative for Seventh Time in One Year, Signaling Potential Bull Run

This dumb money bought back 1,674 $ETH ($3.19M) at a high price of $1,906 again. This guy is always selling low and buying high. Two months ago, he still had 1,891 $ETH. Now he has only 1,674 $ETH, losing 217 $ETH ($414K) through swing trading. Sometimes, just holding is better than trading blindly.

Chinese AI chip firm Cambricon announced that it has recently received the "Transfer Registration Confirmation" and "Securities Change Registration Certificate" from the Shanghai Branch of China Securities Depository and Clearing Co., Ltd., completing the share registration for the first vesting period of the reserved portion of its 2023 Restricted Stock Incentive Plan (the "Incentive Plan"). A total of 124 incentive recipients are eligible for this vesting. The total number of shares to be listed and traded is 561,000, with the listing date set for August 20, 2026. The total vested restricted shares amount to 597,600: 36,600 shares come from the company’s repurchased A-share common stock, and the remaining 561,000 shares are from the company’s targeted issuance of A-share common stock to the incentive recipients.

A senior Iranian official said Iran has set a several-week deadline for the U.S. to fully implement the Iran-U.S. memorandum of understanding (MOU), noting that Iran will not wait indefinitely for the U.S. to maintain its maritime blockade. Citing that "efforts to reach a permanent ceasefire agreement with the U.S. have reached an impasse", Iran has decided to shift its policy "from defensive to fully offensive". If diplomatic efforts fail, "Iran is prepared to escalate tensions in the Strait of Hormuz and the Middle East region. Iran’s timeline will be conveyed to the U.S. through intermediary countries". The U.S. and Iran released the official MOU text on June 17, with its third clause stipulating that both sides commit to negotiating and reaching a final agreement within a maximum of 60 days. The 60-day negotiation window set by the MOU expired on August 17. Due to severe disagreements on issues including the Strait of Hormuz, the U.S.-Iran negotiations reached an impasse and made no substantive progress. (CCTV News)

According to market data from BIT (bit.com), during US stock trading hours, the storage sector’s gains further expanded: Kioxia ADR surged 15%, SanDisk (SNDK) rose over 10.4%, Seagate Technology (STX) gained 3.3%, Western Digital (WDC) climbed 6.8%, Micron Technology (MU) advanced 5.6%, and SK Hynix ADR rose 6.4%.

Aug 10–Aug 16, 2026 #LookonchainWeeklyReport ?? Overview Stablecoin supply grew by $40.88M last week, DEX spot volume fell and perp volume fell, while public companies shed 2,501 BTC. ?? Stablecoin Market The total stablecoin market cap increased by $40.88M. ?? Spot & Perps Trading Volume on DEXs DEX spot volume fell 14.13% and perp volume fell 10.49% WoW. ?? Protocol Revenue Protocol revenue edged up 0.09% WoW, while Hydration Lending led weekly revenue growth with a 2085% increase. ?? Last ...

August 17 Update: #Bitcoin ETFs: 1D NetFlow: -1,010 $BTC(-$64.25M)?? 7D NetFlow: -6,631 $BTC(-$421.76M)?? #Ethereum ETFs: 1D NetFlow: +3,457 $ETH(+$6.58M)?? 7D NetFlow: -3,549 $ETH(-$6.75M)??