Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

According to The Wall Street Journal, the U.S. Securities and Exchange Commission (SEC) has ramped up its scrutiny of companies behind so-called special purpose vehicles (SPVs). People familiar with the matter say SEC examiners have been demanding registered investment advisors provide evidence proving their SPVs actually own or hold stakes in the private companies they claim. Some sources noted that such funds have stepped up marketing efforts ahead of the highly anticipated initial public offerings (IPOs) of SpaceX and the planned listing of Anthropic, alongside a rise in investor complaints, prompting regulators to intensify their oversight. One source added that the SEC’s current reviews typically include document requests, with some also involving in-person interviews. The review process can last from several weeks to a year.

According to monitoring by Emmett Gallic, addresses linked to the OFAC-sanctioned North Korean hacking group Lazarus Group were still transferring over $30 million in funds via Hyperliquid (HyperUnit) as of yesterday. On-chain detective ZachXBT identified these addresses as associated with Lazarus Group in 2024, noting they are linked to $61 million in stolen funds.

Per GMGN market data, the meme coin BONER—listed on Robinhood’s chain stock platform—briefly surpassed $89 million in market capitalization, hitting an all-time high. The token has since pulled back to $74 million, marking a 708% gain over the past 24 hours. BlockBeats reminds users that relevant tokens are subject to high price volatility, urging investors to exercise caution.

US President Trump stated that the US GDP growth rate could reach 14%, 15%, 16% or even 20%. Even with such rapid economic expansion, this should not be a reason for the Federal Reserve to raise interest rates. He claimed that "success in growth will not trigger inflation" and demanded that the US have "the lowest interest rates in the world". The US July PCE price index rose 3.7% year-on-year, still above the Fed's 2% inflation target. Markets widely expect the FOMC to raise interest rates in September. Data from the US Bureau of Economic Analysis shows that since 1947, the US real GDP annualized quarterly growth rate has hit or exceeded 20% only once: the 34.9% rebound in the third quarter of 2020 after the end of pandemic lockdowns. The US real GDP annualized growth rate in the second quarter of 2026 stood at 1.5%, down from 2.1% in the first quarter. Trump also said he has great respect for Fed Chair Walsh, believing that he "will do what needs to be done" on interest rate matters. Walsh recently noted that if inflation cannot be confirmed to be falling back toward the 2% target, the Fed "will have work to do". (Jinshi)

According to market data from BIT (bit.com), cryptocurrency-related stocks rose broadly after the U.S. stock market closed. Among them: Circle (CRCL) gained 9.67%, BitMine (BMNR) rose 6.55%, Coinbase (COIN) increased 5.31%, SharpLink (SBET) climbed 5.24%, American Bitcoin (ABTC) advanced 4.94%, Gemini (GEMI) rose 4.65%, and Strategy (MSTR) gained 4.42%.

According to Iran's Press TV, Mohammad Reza Naqdi, a senior military commander of Iran's Revolutionary Guards, stated that amid ongoing tensions between the U.S. and Iran, Iran's top strategic priority is to build maximum deterrence, rather than restarting military conflicts or negotiating with the enemy. Naqdi said that after approximately six months of war, Iran is considering shifting to a more offensive phase of military confrontation targeting the U.S. and Israel. He added: "All the warfare we have conducted so far has been conventional, and we have not yet entered the phase of asymmetric warfare; asymmetric warfare means waging war on Wall Street, in Manhattan, and anywhere, at any time. Most incumbent Iranian commanders today tend to and prefer an offensive mindset." Naqdi also noted that all weapons production facilities damaged in recent conflicts have been rebuilt in highly secure locations, and are now operating with new advanced technologies at higher productivity levels. (Jinshi)