Ark Invest reduced its holdings of a small number of Bullish and BitMine stocks yesterday.

According to an official announcement, Bitget has launched U-denominated GRVT perpetual contracts, with a maximum leverage of up to 20x. Corresponding contract trading bots will also be rolled out simultaneously. For more details, please refer to Bitget’s official platform.

The U.S. Personal Consumption Expenditures (PCE) Price Index fell 0.1% month-over-month in June, marking its first month-over-month decline in four years, with the year-over-year growth rate dropping to 3.7%. Core PCE rose 0.1% month-over-month and 3.3% year-over-year, both indicating easing inflationary pressures. In the same period, U.S. personal consumption expenditures rose 0.3% month-over-month in June, personal income increased by 0.2%, and the savings rate fell to 2.7%, hitting a four-year low. Despite cooling inflation, the Federal Reserve (Fed) held interest rates steady at its July meeting. Markets are sharply divided over the Fed’s future policy path: JPMorgan Chase forecasts a 25 basis point (bps) rate hike in December, while noting a September hike remains possible if inflation reaccelerates; Goldman Sachs and Barclays expect no further rate moves this year, Bank of America projects three cumulative rate hikes starting in September, while Citigroup maintains its outlook for consecutive rate cuts in October, December, and January 2027. Data from the CME FedWatch Tool shows the market is pricing in a 65.2% probability of a September rate hike, down from levels seen before the policy meeting outcome was announced.

According to Bitget market data, South Korea’s KOSPI index surged 17% in early Friday trading, driven primarily by a new wave of investment in global semiconductor stocks. The index had fallen for three consecutive days prior, hitting its lowest level since April 7. Samsung Electronics’ share price rose over 26%, while SK Hynix gained more than 29%—both notching their highest single-day percentage gains on record. Combined, the two chipmakers account for over half of the KOSPI’s total market capitalization. On Thursday, the U.S. Philadelphia Semiconductor Index climbed 8%, Micron Technology jumped 18%, and Microsoft reported strong earnings, with its share price surging 15% to log its largest single-day gain in 18 years.

Tesla China today announced the in-vehicle software update of version 2026.14.13, covering Model 3, Model Y, Model S, and Model X. The update has been rolled out in batches since July 31, 2026, with a key upgrade being the "Doubao Large Model"—an intelligent voice assistant that can provide real-time information and hold smooth natural conversations. It supports multiple high-quality voice tones, paired with personalized roles including "Omniscient", "Music Lover", and "Storyteller". Access to this feature requires a subscription to Tesla’s Premium In-Vehicle Entertainment Service.

The Federal Reserve held interest rates steady at 3.5%-3.75% at its July meeting, triggering the rapid unwinding of large hedge positions markets had built around expectations of a rate hike. Data shows open interest in August federal funds futures once hit a historic milestone, breaking 1 million contracts for the first time ever, involving a notional principal of roughly $5 trillion. Following the announcement of the resolution, CME data revealed open interest in the contract dropped by around 140,000 contracts. The net short positions that leveraged funds had been steadily adding reversed course, leading to a sharp rally in August federal funds futures prices, leaving bears betting on rate hikes in the red. Earlier, markets had pushed the probability of a July rate hike to nearly 50%, but as new Fed Chair Kevin Warsh gave no signal of an impending rate hike, related trades quickly cooled.

Canadian hardware wallet manufacturer Coinkite has issued a security warning, advising users who generated mnemonics using Coldcard Mk3 with firmware versions 4.0.1 to 5.0.3 to migrate their assets as soon as possible. The company stated that initial analysis shows wallets using BIP-39 passphrases carry lower risk, while Mk4, Q, and Mk5 devices are unaffected. The investigation is still ongoing. Meanwhile, security researchers are probing an unusual transfer involving 594.48 BTC (approximately $38.3 million). AnchorWatch CEO Rob Hamilton noted that the attacker transferred 1,324 UTXOs across 500 transactions over 3 blocks, speculating the issue may stem from insufficient random number entropy during wallet generation. Wizardsardine CEO Kevin Loaec argued the vulnerability could be related to low-entropy random number generators in a software library, secure chip, specific device batch, or firmware version, with attackers potentially using AI-generated scripts to brute-force affected wallets. No conclusive evidence has yet confirmed a direct link between this fund transfer and the Coldcard Mk3 vulnerability.