Bithumb’s Mistaken Bitcoin Transfer Recovery Case to Get First Verdict on August 27

UBS Gold Strategist Joni Teves remains optimistic about gold's medium- and long-term outlook. She noted that gold prices have continued to rise since the start of this week, with gold stocks in mainland China and Hong Kong surging around 20% cumulatively over three days, a positive signal. "We believe market confidence in gold is starting to improve, and we continue to expect gold prices to rebound from current levels by the end of the year," she said. The UBS global team remains upbeat on gold's medium-term outlook, forecasting gold prices will reach $4,675 per ounce by the end of 2026 and $4,800 per ounce by the end of 2027. Key events to watch next include the Federal Reserve's policy stance at its July FOMC meeting and further developments in the Middle East. (Jin10)

Tesla's Frankfurt-listed shares fell nearly 5% as the company's latest earnings missed market expectations. (Jinshi)

According to an official announcement, Binance will support the network upgrade and hard fork of Polygon (POL). Binance is scheduled to suspend POL network token deposits and withdrawals at 21:00 (UTC+8) on July 29, 2026. The Polygon core team plans to carry out the network upgrade and hard fork at block height 50,185,000, which is expected to occur at 22:00 Beijing time on July 29. After the upgrade is completed and the network stabilizes, Binance will resume the relevant deposit and withdrawal services, with the specific resumption time to be announced separately.

CryptoQuant analyst Darkfost noted in a post that Bitcoin’s short-term holders—defined as those holding coins for no more than 155 days—have been in a state of realized loss for roughly nine consecutive months, a characteristic typically aligned with bear market environments. Estimates put the average cost basis of these short-term holders at around $68,800, leaving the group under notable pressure. As Bitcoin attempts to establish a foothold above $65,000, short-term holders are projected to continue selling at a loss of approximately 4%.

According to Hyperinsight monitoring, Intel will release its Q2 2026 financial results after the U.S. stock market closes on Thursday, July 23 (Eastern Time), and hold a conference call at 2 PM Pacific Time that day, corresponding to early morning Beijing time tomorrow. As of press time, INTC trades at approximately $103.79 on Hyperliquid. The top three new INTC positions opened in the past seven days are all long orders, totaling 55,829.2 contracts, with a position value of about $5.795 million, a weighted average entry price of roughly $97.7, and total unrealized profit of around $341,000. Below is the ranking of the top 3 new positions in the past seven days: "U.S. Stock Trading King" 0xcf6: Opened on July 17, holding 25,000 INTC long positions with 10x isolated margin, valued at about $2.595 million, average price $94.5, unrealized profit of approximately $230,500, return rate of ~97.5%, making it the largest current long position; 0x8ab1: Opened on July 20, holding 19,225 contracts with 10x isolated margin, valued at about $1.9954 million, average price $100.2, unrealized profit of roughly $68,000, return rate of ~35.7%; 0x32d7: Holding 11,604.1 contracts with 5x isolated margin, valued at approximately $1.204 million, average price $100.2, unrealized profit of around $41,000, return rate of ~17.9%. Accounts 0x8ab1 and 0x32d7 only hold INTC with no other assets allocated; all three longs currently have no open INTC orders, and positions are temporarily settled ahead of the earnings report. - HyperInsight Bot is now live. Add @HyperInsightBot to Telegram groups and set it as an admin (enable message sending permission) to automatically sync on-chain information.

Iran's Revolutionary Guard Corps claimed to have attacked a US base in Jordan, destroying a radar system of the US THAAD missile defense system. Additionally, a Patriot system and a C-RAM radar were also hit and destroyed, while the base's fuel depot was set ablaze. (Jinshi)