Bitcoin futures and options data show neutral sentiment despite BTC dropping below $115,000. Analysts say $115K remains a key support as whales and market makers stay cautious but calm.Key TakeawaysBitcoin futures trade at a neutral 7% premium, suggesting no major sentiment shift despite a $4,700 drop.Options skew briefly spiked to 10% before easing, indicating short-lived fear but no panic.Stablecoin demand in China remains steady, signaling minimal retail fear despite market volatility.$115K remains the key support level as traders cautiously monitor whale activity and macro risks.Bitcoin Drops Below $115K Amid Monthly Derivatives ExpiryBitcoin (BTC) fell 4% between Thursday and Friday, sliding under $115,000 for the first time in two weeks. The move coincided with the monthly derivatives expiry, which liquidated $390 million in futures contracts, or 14% of open interest.Despite the dip, Bitcoin futures and options markets show no signs of widespread panic.Futures Data: Neutral Despite 7% DropUnder normal market conditions, monthly Bitcoin futures trade at a 5–10% annualized premium over spot prices. Currently, the premium sits at 7%, well within the neutral range and only slightly down from Monday’s 8%.What this means: Traders are not aggressively bearish, even after BTC’s $4,700 pullback from its record high of $123,181 on July 14.Notably, the last bullish signal from futures markets came in early February, around the time of US import tariffs and Federal Reserve rate-hike disappointment despite a relatively calm CPI reading.Options Market: Fear Spikes, Then FadesBitcoin’s 25% delta skew — a measure of option traders’ fear — spiked to 10% on Friday, its highest level in nearly four months.This suggested a temporary rush for downside protection (put options). But the fear quickly subsided:Delta skew normalized to 1%, showing a balanced outlook between upside and downside risk.Whales and market makers are not pricing in sustained panic, but neither are they aggressively betting on a bounce.China Stablecoin Data: Minimal FearStablecoin activity in China offers another view into retail sentiment.Typically, strong crypto demand pushes USDT to trade at a premium to the dollar.A 0.5% or greater discount signals fear and exits from crypto.Right now, USDT trades at just a 0.5% discount — mild caution, not capitulation.Despite BTC’s new highs earlier this month, stablecoin flows have remained steady, with no major outflows from the crypto market.Whales, Macro Risks, and What’s Next for BTCThe market continues to watch the entity unloading 80,000 BTC via Galaxy Digital — a massive transaction that shook confidence but has not caused outright panic.Analysts say the bigger risks for BTC now are macro-driven, including:Global trade tensionsA potential US economic slowdownStill, derivatives data suggests no structural weakness. BTC’s $115,000 support remains intact — for now, according to Cointelegraph.

أظهر سهم MicroStrategy’s MSTR علامات على انتعاش محتمل بعد أن قامت الشركة بزيادة طرح الأسهم الممتازة المخطط لها إلى 2. 5 مليار دولار. وقد تم الإعلان عن الطرح في 25 يوليو، وهو يهدف إلى دعم خططها المستمرة للاستثمار في البيتكوين. MicroStrategy تتطلع إلى 2 source: https://www.thecoinrepublic.com/ar/2025/07/26/%d8%b3%d9%87%d9%85-mstr-%d9%8a%d8%aa%d8%b7%d9%84%d8%b9-%d8%a5%d9%84%d9%89-%d8%a7%d9%84%d8%a7%d9%86%d8%aa%d8%b9%d8%a7%d8%b4-%d9%85%d8%b9-%d9%82%d9%8a%d8%a7%d9%85-%d8%a7%d9%84%d8%a7%d8%b3%d8%aa%d8%b1/

MicroStrategy’s MSTR stock showed signs of a possible rebound after the firm increased its planned preferred stock offering to $2. 5 Billion. The offering was announced on July 25 and is intended to support its ongoing Bitcoin investment plans. MicroStrategy Eyes $2 source: https://www.thecoinrepublic.com/2025/07/26/mstr-stock-eyes-rebound-as-strategy-upsizes-debt-offering-to-2-5-billion/

JPMorgan suspends Gemini reconnection following Tyler Winklevoss's criticism of data policy. source: https://coincu.com/350986-jpmorgan-halts-gemini-reconnection

The company reportedly raised millions by selling tokenized stakes in 39 homes, despite never finalizing the purchases. source: https://coindoo.com/crypto-firm-sued-for-selling-tokens-backed-by-non-owned-properties/

Ethereum surged 50% in two weeks, sparking talk of a $9,000 price target. With tight supply, strong ETF inflows, and bullish technical patterns, could ETH break its all‑time high by early 2026?Key TakeawaysEthereum (ETH) is up 50% in the past two weeks, regaining market momentum.Onchain data shows 28% of ETH is staked, exchange balances are at 2016 lows, and first-time buyers are surging.Analysts point to Elliott Wave models projecting $9,000 by early 2026, if macro conditions hold.ETF inflows and network usage data support a structural bull case for Ethereum.Ethereum’s Rally: Why $9,000 Is Back on the TableEthereum (ETH) has surged more than 50% in just two weeks, trading near $3,770 as investors speculate whether the second-largest cryptocurrency can double from current levels.Despite the sharp gains, ETH still trades 23% below its November 2021 all-time high, suggesting more upside could be ahead if the market rotation from Bitcoin to altcoins continues.Elliott Wave Model Points to $9,000 PeakAccording to XForceGlobal, Ethereum appears to be in the third impulsive wave of an Elliott Wave pattern — historically the most powerful stage of a bull run.Price projection: $9,000 by early 2026Breakout levels to watch: $4,000 remains the first major resistanceIf ETH clears this barrier, analysts expect momentum to accelerate, driven by ETF inflows and tightening supply.Onchain Data Shows Tight Supply, Strong DemandEthereum’s fundamentals are reinforcing the bullish case.28% of ETH is staked (34M ETH locked) – removing it from circulation.Exchange balances dropped to 16.2M ETH – the lowest since 2016.New buyers are flooding in: First-time holder supply is up 16% since early July.Glassnode data also shows that 94.4% of ETH’s supply is in profit, but investor sentiment remains muted. The NUPL score (Net Unrealized Profit/Loss) sits at 0.47, a zone of “optimism,” but far from the euphoric levels seen at market tops.ETF Inflows and Corporate Adoption Fuel the Bull CaseSpot Ethereum ETFs have attracted $4B+ in inflows in just two weeks, while companies like BitMine Immersion Technologies and SharpLink Gaming are building ETH treasury positions.This trend mirrors Bitcoin’s institutional wave in 2021 — but for Ethereum. Analysts say this “Michael Saylor for ETH” narrative could create a supply shock as institutional demand outpaces new ETH issuance nearly 7-to-1.Ethereum Network: Capacity Expands, Demand Stays HighEthereum’s usage remains at near-full capacity.Gas limits were raised in July 2025, but blocks filled instantly — showing demand was already waiting.NFTs no longer dominate block space — instead, stablecoin transactions, modular apps, and rollup proof publishing are taking over.This indicates Ethereum isn’t just a speculative asset — its network remains critical infrastructure for DeFi, tokenization, and the next wave of Web3.Is $9K ETH Realistic?Bull case: Elliott Wave patterns, ETF inflows, and onchain metrics all support a run to $9K by early 2026.Bear case: ETH must break $4K decisively first, or risk stagnating below its 2021 ATH.If ETH breaks $4,000, analysts expect parabolic momentum to follow — potentially leading to $9,000 sooner than expected.

European Commission President Ursula von der Leyen is meeting President Donald Trump on Sunday in Scotland, trying to hammer out a last-minute trade deal before U. S. tariffs on European Union goods hit 30% on August 1. The announcement came Friday after Ursula posted on X, saying the two had agreed to meet “to discuss transatlantic […] source: https://www.cryptopolitan.com/eus-von-der-leyen-sets-meeting-with-trump/

Ethereum’s (ETH) 50% surge over 30 days has triggered extreme social media hype, with Santiment warning it could signal a short‑term price pullback despite ongoing bullish fundamentals.Key TakeawaysEthereum social mentions hit “extreme euphoria” levels, often a red flag for price corrections.ETH has surged 51.8% in 30 days, now trading near $3,767.Treasury adoption from major companies could offset short‑term risks and fuel long‑term growth.Analysts warn that “crowded trades” often precede price pullbacks, but market frothiness remains below peak levels.Ethereum’s Rally Sparks “Warning Signs”Ethereum’s 50% rally in the past month has drawn unprecedented social media attention, raising concerns that ETH may be overheated.On‑chain analytics platform Santiment warned that Ethereum’s social dominance has spiked to “extreme euphoria”, a level that historically precedes corrections.“When social dominance of a cryptocurrency spikes to unusually high levels, it suggests the asset is over‑hyped and the trade is becoming crowded,” Santiment wrote.ETH is trading at $3,767, up 51.84% in the past 30 days, according to Nansen.Could This Rally Still Have Legs?While Santiment flagged the risk of a short‑term pullback, the firm also noted the rally may not be over:Memecoin dominance remains low, suggesting the market has not yet reached “peak speculation.”Treasury adoption from companies like SharpLink Gaming and Bitmine Immersion Technologies is creating a “Michael Saylor for Ether” narrative, pointing to long‑term bullish potential.“There’s not a lot of supply of ETH, and so I think ETH probably has a chance to outperform Bitcoin in the next three to six months,” said Galaxy Digital CEO Michael Novogratz.Broader Context: Bitcoin Faces Similar SignalsSantiment also issued a similar warning for Bitcoin (BTC), which saw nearly 50% of all crypto social mentions last week as BTC hit an all‑time high of $123,100.Analyst Brian Quinlivan explained that such historic spikes in social chatter often indicate local tops and set the stage for short‑term pullbacks.Short-term: Extreme hype may bring ETH volatility and a possible correction.Long-term: Corporate adoption and treasury allocations could keep Ethereum’s bullish structure intact, with analysts eyeing targets as high as $9,000, according to Cointelegraph.

Finland’s credit strength just took a hit. On Friday night, Fitch Ratings downgraded the country’s long-term foreign-currency issuer rating from “AA+” to “AA,” citing rising debt and weak efforts to control it. The decision ends nearly a decade of rating stability and keeps the outlook at Stable. According to Fitch, government debt is still rising, […] source: https://www.cryptopolitan.com/fitch-downgrades-finlands-economy/

Spot Ether ETFs recorded $453 million in inflows on Friday, led by BlackRock’s ETHA, pushing total assets to $20.66B and extending their inflow streak to 16 days.Key Takeaways$453M poured into spot Ether ETFs on Friday, extending inflows to 16 straight days.BlackRock’s iShares Ethereum Trust (ETHA) led with $440M, now holding $10.69B AUM.Total net assets across Ether ETFs hit $20.66B, representing 4.64% of ETH’s market cap.Spot Bitcoin ETFs added $130M after midweek outflows, bringing cumulative inflows to $54.82B.Ether ETFs Hit $9.33B Cumulative InflowsSpot Ethereum ETFs continue to dominate flows, pulling in $452.72 million on Friday, according to SoSoValue. The streak now stands at 16 consecutive trading days of inflows, with total cumulative inflows since launch reaching $9.33 billion.BlackRock’s ETHA: $440.10M inflows (now $10.69B AUM)Bitwise ETHW: $9.95M inflowsFidelity FETH: $7.30M inflowsGrayscale ETHE: ‑$23.49M outflows (largest cumulative loss: $4.29B)Ether ETF total net assets climbed to $20.66 billion, equal to 4.64% of ETH’s market cap.Why Investors Are Pouring Into ETHThe streak — peaking with $726.74M in a single day on July 16 — reflects rising institutional demand for Ethereum’s:DeFi leadershipStaking rewardsSmart contract adoptionMatt Hougan, CIO at Bitwise, noted on X that ETH ETF demand could hit $20B in the next year, equivalent to 5.33 million ETH at today’s prices. With Ethereum expected to issue only 0.8M ETH in that time, demand could outpace supply nearly sevenfold.Bitcoin ETFs Rebound With $130MSpot Bitcoin ETFs saw a $130.69M net inflow Friday after a volatile week marked by three straight outflow days (totaling over $285M).Cumulative BTC ETF inflows: $54.82BTotal BTC ETF AUM: $151.45BDespite midweek turbulence, July has featured standout sessions, including $1.18B (July 10) and $1.03B (July 11) in single‑day inflows.

稳定币,Sei,Circle,当稳定币第一股碰上高性能 Layer1：Sei为何脱颖而出？ 金色财经,新一轮的生态繁荣将在Sei上爆发吗

三大法案的通过有望触发显著的资本形成效应，并驱动区块链核心技术创新，从而系统性重塑全球数字资产竞争格局。

摩根大通(JP Morgan)在公共区块链上发行存款Token，并将技术融入现有秩序。相比之下，Circle则通过建立信托银行，打造一个完全基于技术的新秩序。

金色周刊是金色财经推出的一档每周区块链行业总结栏目，内容涵盖一周重点新闻、行情与合约数据、矿业信息、项目动态、技术进展等行业动态。

创始人早在16岁时便涉嫌操纵ICO项目，而Pump.Fun所宣称的「反作恶愿景」，正是他过去所代表的那类人。

这位累计盈利超 80 万美元的 Polymarket 交易员解释了为何大举投资 “TACO”交易。

我们一直在寻找加密领域能够脱颖而出的社交/消费应用。 它可能已经来了。

Web3 不是千篇一律。这正是它的强大之处。也是它的混乱和乐趣所在。

金色财经推出加密货币和区块链行业早报《金色早8点》2767期，为您提供最新、最快的数字货币和区块链行业新闻。

一位眼光独到的大哥多次错过加密资产投资机会，虽有深刻认知却始终未下单，揭示了投资世界中行动力的关键。