Saylor's Strategy moves 299.84 $BTC ($18.91M), hints at renewed selling after July $216M liquidation

A South Korean crypto exchange activated the sidecar mechanism for KOSDAQ, suspending program trading for 5 minutes.

Earlier this week, Trump reassured market risk assets by announcing plans to hold talks with Iran and suspend strikes. However, Asian-Pacific equities opened lower and trended downward on Monday, failing to respond positively, as markets remain in an adjustment cycle. This week will bring a flurry of macroeconomic data and corporate earnings reports, with the market’s focus squarely on Friday’s U.S. July non-farm payrolls report—the first full employment data since the Federal Reserve held rates steady in July, which will directly shape market pricing for the September interest rate path. Meanwhile, SpaceX is set to release its first earnings report since going public, and two days later, it will face the largest single-stock lock-up expiration in U.S. stock market history (approximately 911.5 million shares), putting severe liquidity pressure on the market. Key events this week: Monday: Earnings reports from U.S. stocks including Palantir and ON Semiconductor; Tuesday: U.S. June JOLTs job openings, factory orders, trade balance, SpaceX’s first post-IPO earnings, AMD earnings; Wednesday: U.S. July ADP employment, ISM non-manufacturing PMI, earnings from SanDisk, Western Digital, Circle, and Eli Lilly; Thursday: U.S. initial jobless claims for the week ended August 1, Challenger job cuts; SpaceX’s first batch of restricted shares lock-up expiration (up to ~911.5 million shares, potential value nearly $100 billion); Friday: U.S. July non-farm payrolls, unemployment rate; Fed officials Loretta Mester and Thomas Barkin to deliver speeches.

A-share listed Changxin Technology fell more than 5% intraday, currently trading at 50.9 yuan.

Arthur Hayes(@CryptoHayes) is buying $ETH again just 2 days after selling it. An hour ago, #Arthur Hayes sent 2.5M $USDC to Galaxy Digital and received 1,337 $ETH, buying at $1,869.

Public Monday agenda released by the U.S. Senate indicates the CLARITY Act is not on this week’s consideration schedule. Currently, the Senate only plans to hold a procedural vote on H.R.6500, the continuing resolution. Per Senate rules, a cloture motion (to end general debate) requires at least 16 senators’ signatures. If the Senate submits a cloture motion on Wednesday, August 5, the earliest possible vote on the measure would be Friday, August 7. However, this vote only concerns ending debate on the “motion to proceed with the bill” — not the final passage of the CLARITY Act. Should cloture pass, the Senate would still need: up to 30 hours of debate on the motion to proceed, formal consideration of the bill, and potentially another cloture procedure. As such, the normal legislative process may not be completed before the Senate recess. (Cryptoslate)

According to Bitget market data, the China Southern Fund’s 2x Leveraged Long SK Hynix product opened down more than 13% and is currently trading at HKD 36.88.