Elon Musk posted a video of a laser-eyed raccoon, driving meme coin Jimothy to a sharp surge, with its market capitalization once topping $18 million.

Cryptocurrency exchange BitMart founder Sheldon released a statement addressing user complaints about withdrawal difficulties and unpaid employee salaries, stating: "We have not run away and will not run away. There are numerous rumors, as well as so-called exposes and screenshots from alleged former and current employees. Please do not believe these rumors. The core team is still conducting asset inventory, asset collection and system maintenance work. Our goal is an orderly wind-down, so please wait for official announcements and notifications. We have not misappropriated assets, engaged in early exits or evacuations, and we have considered involving courts and third-party audit institutions to deliver transparent reports. Thank you for everyone's trust." Additionally, community feedback indicates BitMart is still facing widespread user withdrawal problems, including withdrawal requests stuck in processing for long periods, transactions marked as "completed" without corresponding on-chain hashes, automatic refunds to spot accounts, "on-chain freezing" alerts, and extremely low daily limits that effectively block large withdrawals. These issues contradict the platform's official claim that "withdrawals remain available." Earlier, BitMart announced on July 26 that it would cease operations, with all trading services set to be shut down starting August 26.

According to a report by The Korea Economic Daily, SK Hynix is preparing a shareholder return package totaling approximately 100 trillion won (around $71 billion), including share repurchases and cash dividends. The share repurchase portion is estimated at 40 trillion won (about $28.4 billion), accounting for just over 2% of total outstanding shares—close to the 2.5% stake the company issued for its U.S. ADR listing. This figure marks a roughly seven-fold surge from last year’s combined shareholder returns of around 14.3 trillion won, which included 2.1 trillion won in cash dividends and 12.2 trillion won in share cancellations. SK Hynix’s dominant position in the high-bandwidth memory (HBM) market, a core component of AI infrastructure, underpins its confidence in launching such a large-scale return program. The company forecasts this year’s revenue will reach around 345.6 trillion won, with operating profit of approximately 266.4 trillion won, representing year-on-year growth of about 256% and 464% respectively. During its July earnings call, SK Hynix stated that HBM4 shipments will officially ramp up in the second half of the year, while shipments of advanced-process general-purpose DRAM will also increase, pushing total second-half shipments higher than the first half. Earlier, HSBC noted that the implied earnings cycle for SK Hynix’s stock had plummeted from roughly six years to 2.7 years, describing its valuation as “excessively pessimistic.” The early, accelerated implementation of this shareholder return package could serve as a direct catalyst for a valuation recovery.

Citrini analyst Jukan wrote in a recent report that the market will shift to a short-term "bearish on storage, bullish on optical interconnects" trend, with some hedge funds already executing this strategy. The three key reasons are: First, South Korean leveraged ETFs have largely become ineffective, bringing additional selling pressure from concentrated redemptions by limited partners; Second, NVIDIA is reducing HBM configurations for Rubin Ultra, opting instead for optical interconnects to connect multiple racks. Even without improving single-rack performance, clusters can still maintain advantages, a logic that holds whether the HBM reduction stems from supply or demand issues; Third, the market has formed a consensus that storage prices will peak in the next two quarters. Jukan clarified that he remains bullish on storage in the medium to long term but slightly bearish in the short term, and currently holds no storage positions.

Berkshire Hathaway A (BRK.A.N) announced its Q2 2026 financial results, reporting revenue of $12.983 billion. Net profit reached $25.667 billion, a substantial increase from $12.37 billion in the year-ago period. The company’s 2026 investment income includes $10.9 billion in Q2 earnings. Earnings per share (EPS) for Q2 stood at $17,868. As of June 30, 2026, its insurance float totaled approximately $177.5 billion.

Per GMGN monitoring, Elon Musk today shared an AI-generated video of a giant laser-eyed raccoon, without naming any token. Crypto KOL Ansem then replied "is that jimothy?", sparking attention to Jimothy and its subsequent rally. Solana-based meme coin Jimothy has surged again, with its market capitalization briefly topping $18 million today, now trading at $15.4 million, up 257.3% in 24 hours, and boasting a trading volume of $15.9 million. Jimothy is modeled after a raccoon from Seattle, U.S., whose unusual physique stems from a rare congenital condition. Local residents posted a video of the animal on July 14, which went viral, racking up nearly 8 million views and spawning community creations including memes, murals, and merchandise. BlockBeats cautions users that meme coins are highly volatile, driven primarily by market sentiment, community hype, and narratives, with no stable fundamental support, so investors must be mindful of risks.

MicroStrategy founder Michael Saylor published a post noting that only 2.6% of miners have signaled support for BIP-110, meaning the proposal has failed to secure widespread backing. At block height 961,632, nodes will reject blocks that do not signal support for the proposal. As a result, BIP-110 is expected to stall or potentially fork into an irrelevant entity, while Bitcoin will continue operating normally, functioning as designed. BIP-110 is a temporary soft fork proposal that would add seven consensus limits over its approximately one-year validity period, including restrictions on the length of new script public keys, the size of certain push data and witness items, and disabling some Taproot extension paths. The proposal aims to drastically reduce arbitrary non-payment data embedded in transactions—such as inscriptions and runes—thereby lowering node burdens, curbing spam data, and refocusing Bitcoin on its core monetary purpose.