Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

Prominent trader Killa said in an early morning post that Bitcoin has pulled back again after the FOMC meeting. A key low-leverage long position cluster sits below the current price. He advised traders to monitor the $61,000 to $61,500 range; if this level breaks, Bitcoin will test the $54,000 to $56,000 zone. Killa, a BTC-focused quantitative trader, predicted the peak of the current bull run in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then shifted to a long position during the broad market sell-off on June 5.

Bitcoin mining firm Bitdeer has released its weekly data. As of July 31, the company produced 271.3 BTC this week, sold an equivalent amount, resulting in zero net addition, with its pure BTC holdings remaining at zero (excluding customer deposits). Since February 20, Bitdeer has maintained zero Bitcoin holdings for 23 consecutive weeks.

According to Farside Investors' monitoring, U.S. spot Bitcoin ETFs saw a net outflow of $265.4 million yesterday. IBIT recorded a net outflow of $122.7 million, while FBTC posted a net outflow of $54.8 million. Meanwhile, Ethereum ETFs reported a net inflow of $9 million, with ETHB alone seeing a net inflow of $15.4 million.

OpenAI stated on July 31 that it has banned a batch of ChatGPT accounts linked to a Cambodian fraud network. The network uses ChatGPT to create fake identities, translate scam messages and produce promotional content, gaining victims' trust through methods like romantic connections or friendship, then inducing them to participate in fake cryptocurrency or gold investment projects. The relevant clues were initially provided by WhatsApp, and the involved individuals may be operating in the Poipet area of Banteay Meanchey Province, Cambodia. OpenAI has shared the relevant information with industry partners. The specific losses caused by the network are currently unclear, with some victims reportedly losing thousands of dollars. (IT Home)

According to PeckShield’s statistics, the crypto industry faced 30 major hacking incidents in July, with total losses exceeding $210 million, a 177.2% month-over-month increase from the $75.87 million in losses recorded in June. The attack on cold wallet Coldcard alone resulted in over $70 million in losses, marking it the third-costliest hacking incident of the year to date.

Industry sources disclosed that Changxin Memory’s LPDDR6 (6th-generation low-power double data rate memory standard) is approaching the final phase of R&D verification, a key milestone ahead of mass production. As early as March this year, market reports noted that Changxin Memory, a subsidiary of Changxin Technology, was actively advancing the commercialization of LPDDR6 products and had already sent samples to core clients, with an anticipated launch and mass production integration in the second half of 2026. Relevant details show that Changxin’s first LPDDR6 product has a designed speed of 12800 Mbps, a base operating speed of 10667 Mbps when paired with SoCs (system-on-chips), a die capacity of 16Gb, and adopts 1295-ball POP (package-on-package) packaging. It delivers notable improvements over LPDDR5X (an enhanced version of LPDDR5) in low-power design and RAS (reliability, availability, serviceability) functions. (Yicai)