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According to official news, the prediction market Polymarket announced a significant adjustment to its settlement mechanism for cryptocurrency price fluctuation markets starting from August 7, to protect market integrity. From midnight UTC on that day, the affected markets will no longer settle based on a single price snapshot at a specific time but will instead use a time-weighted average price.Markets of different durations correspond to different TWAP windows: all cryptocurrency 5-minute markets will use a 30-second TWAP, 15-minute markets will use a 60-second TWAP, and 4-hour markets will also use a 60-second TWAP. The previous single snapshot settlement method was prone to price manipulation during periods of low liquidity, and this change is a proactive reinforcement of the market integrity system by Polymarket after facing regulatory scrutiny.To support this transition, Polymarket will inject $1 million in liquidity rewards into all affected markets throughout August. On the technical side, Chainlink TWAP testnet data streams are now available, and mainnet data streams along with Polymarket real-time data stream services will go live on August 4, at which point developers can access TWAP prices directly through Chainlink Data Streams or Polymarket's public WebSocket.

According to data from The Block, the graduation rate of the Pump.fun token reached 6.7% last Friday, about 8 times the average level of June. The average for the previous four days was also 4.7%, significantly higher than the 2.5% of the previous week. The increase in the graduation rate is directly related to the newly launched BOOST default launch mechanism of Pump.fun.BOOST targets what Pump.fun refers to as dead liquidity—previously, about 20% of the migration liquidity was permanently locked in the PumpSwap pool during token graduation migration. Now, this portion of funds will automatically execute a series of market buy orders within five minutes after migration, and all purchased tokens will be destroyed. BOOST takes effect only after the token is bound and does not mechanically increase the graduation rate; instead, it incentivizes traders to more actively push the token to reach the graduation threshold by ensuring immediate buying pressure and supply destruction after migration.Meanwhile, the PUMP token has risen over 10% year-to-date, with an increase of nearly 60% in the past month, outperforming Bitcoin's approximately 25% decline this year. Its current market capitalization is about $850 million, with a fully diluted valuation of over $1.8 billion.

According to the Dune panel data maintained by the OKX Web3 wallet team, the average daily trading volume of tokenized stocks on the Robinhood Chain reached $29.7 million in the past week, surpassing the combined total of xStocks ($11.1 million) and Backpack Sunrise ($13.4 million) on Solana. The main reason for this growth is that launch platforms like Bankr and long.xyz have allowed users to issue meme coins paired with tokenized stocks for liquidity since mid-July, covering over 90 stock codes. The trading of meme coins generates trading volume for stock tokens while locking the stock tokens in liquidity pools.The tokenized stock with the highest on-chain trading volume is Nvidia (daily trading volume of $13.9 million), followed by SpaceX ($6.2 million) and Apple ($4.5 million). The number of daily active tokenized stock traders peaked at over 20,000 during the week of July 20, the highest among all stock token platforms.However, Binance's bStocks on the BNB Chain has an average daily trading volume of $676.8 million, more than 20 times that of Robinhood. Tokenized stocks still account for only a small portion of the total DEX trading volume on the Robinhood Chain, with most on-chain activity still dominated by meme coins like CASHCAT.

According to on-chain analyst Yu Jin (@EmberCN), half an hour ago a giant whale bought 18,030 ETH on-chain for 35.85 million DAI, at an average price of about 1,988 USD.

According to Jinshi reports, Nvidia (NVDA.O) announced that it will invest $1 billion in South Korean internet and cloud service provider Naver for its AI data center project under construction in Korea.Nvidia stated that this funding will allow Naver's data center to expand more than twice its current size. The project is jointly developed by Naver and the American private equity firm Brookfield Group, and will be fully equipped with Nvidia AI computing hardware.In addition, Nvidia has reached a cooperation agreement with SK Group to plan the construction of an AI data center cluster in Korea with a total computing power exceeding 2 gigawatts, which can roughly meet the electricity needs of 1.5 million households.Nvidia revealed that the first AI computing factory built by SK Telecom will be put into operation next year. Nvidia CEO Jensen Huang stated, "Korea is entering a golden development period. The country's semiconductor industry and industrial sector are thriving, and it has the complete capability to build AI infrastructure for the world."

According to Gate Ventures' latest weekly report, influenced by the escalation of geopolitical risks and changes in the AI competitive landscape, all three major U.S. stock indices fell last week, energy prices rose significantly, and the trends of safe-haven assets like gold and U.S. Treasuries diverged. The cryptocurrency market continued its structural trend, with Bitcoin and Ethereum rising by 1.5% and 3.6%, respectively, while both spot BTC and ETH ETFs maintained net inflows.In terms of industry development, regulation and real-world applications continued to be the focus this week. Japanese convenience store giant Lawson, in collaboration with Netstars, is advancing a stablecoin payment pilot, further promoting the use of stablecoins in everyday consumption scenarios; South Korea plans to officially incorporate digital assets into its national asset management framework and explore the tokenization of government bonds and state-owned assets, with the construction of RWA infrastructure continuing to accelerate. In Europe, after the transition period of MiCA ended, the total number of licensed institutions increased to 294, although the number of new licenses has slowed down, institutional participation remains strong.In terms of investment and financing, the cryptocurrency industry recorded a total of 16 financing events last week, highly concentrated in the infrastructure sector: among them, Alpaca completed a $135 million financing to enhance tokenized securities and AI financial infrastructure; Flex completed a $70 million financing to further expand its stablecoin cross-border payment network, continuously confirming the capital market's long-term optimism towards digital financial infrastructure. Gate Ventures believes that as the global regulatory framework gradually improves and the integration of traditional finance and blockchain deepens, the digital asset ecosystem is expected to enter a more mature and diverse development stage.

According to Gate market data, the Dow Jones Index closed up 385.56 points on July 21 (Tuesday), an increase of 0.74%, at 52,224.82 points; the S&P 500 Index rose by 65.91 points, an increase of 0.89%, at 7,509.19 points; the Nasdaq Composite Index increased by 329.13 points, an increase of 1.29%, at 25,837.21 points.

According to a report by CCTV Finance, Wei Liang, Vice President of the China Academy of Information and Communications Technology, stated that the daily Token call volume in our country has surged from about 100 billion at the beginning of 2024 to 140 trillion by the end of March 2026, an increase of over a thousand times.Intelligent agents are giving rise to a brand new economic form, known as the "Token economy." Token, in Chinese, is called 词元, and it is an important unit for large models to process information and measure model invocation costs. Its growth rate is the most intuitive barometer of industrial development.In the era of intelligent agents, a single user command may trigger multiple rounds of model calls and resource consumption, directly driving an explosion in demand for artificial intelligence computing power. With the large-scale application of intelligent agents, a series of new models surrounding Token measurement, scheduling, pricing, and trading are beginning to take shape.

According to Gate market data, the Dow Jones Index closed up 149.48 points on July 10 (Friday), an increase of 0.28%, closing at 52,636.89 points; the S&P 500 Index closed up 31.65 points, an increase of 0.42%, closing at 7,575.29 points; the Nasdaq Composite Index closed up 74.72 points, an increase of 0.29%, closing at 26,281.61 points.

CryptoQuant analyst Darkfost pointed out that the proportion of unrealized profits in Bitcoin has dropped to 65.8%, below the historical average of 81%, while the proportion of unrealized losses is about 34.2%. The current market is still supported by profitable positions rather than dominated by losses, but the profit proportion continues to decline.Darkfost stated that in past bear markets, the market always reaches a stage where unrealized losses exceed the proportion of profits, and it is currently uncertain whether this cycle will be an exception. This indicator reflects the overall profit and loss situation of market positions and is an important reference for assessing market sentiment and potential selling pressure.

According to on-chain analyst Yu Jin's monitoring, half an hour ago, the whale AllegraSeam transferred 20.32 million USDC to Hyperliquid and opened a long position worth 22.8 million dollars in SKHX at a price of 1480 dollars.The day before yesterday, another whale opened a long position worth 30 million dollars in SKHX at a price of 1411 dollars. SK Hynix's US stock ADR is priced at 149 dollars, corresponding to a Korean stock price of 1490 dollars, and the current price is near that range.

According to Jinshi, the four-week average of initial unemployment claims in the United States for the week ending July 4 was 218,750, with the previous value revised from 222,000 to 222,500.

According to on-chain analyst Yu Jin's monitoring, as SKHX rebounded from $1300 to $1500, a certain whale opened a long position worth $30 million in SKHX at an average price of $1411, with an unrealized profit of $2.08 million.They placed a limit sell order between $1880 and $1900, and if it returns to a new high, they will profit $10 million.

According to a report by 10x Research, the stock prices of recently listed cryptocurrency-related companies have generally fallen sharply from their post-listing highs. Among them, Gemini (GEMI) has dropped by 91%, Amber (AMBR) has decreased by 89%, BitGo (BTGO) has fallen by 79%, Circle (CRCL) has declined by 78%, Coinbase (COIN) has decreased by 63%, and Securitize (SECZ) has also dropped by 41%.Data shows that these 8 recently listed cryptocurrency companies have, on average, fallen 73% from their post-listing highs. The report points out that the sharp decline in stock prices after listing has become a common phenomenon for cryptocurrency company IPOs, and investors need to adopt a more systematic strategy to cope with such volatility.

According to the analyst thechessONCHAIN on CryptoQuant, Bitcoin's NUPL (Net Unrealized Profit/Loss) is currently 0.158, with its 100-day exponential moving average at 0.215 and the 30-day exponential moving average at 0.155.On June 2, the 30-day moving average has crossed below the 100-day moving average, indicating a weakening market momentum, but both are currently still above the zero axis.

According to South Korea's Digital Asset, the comprehensive equity exchange date between Naver Financial and Upbit's parent company Dunamu has been postponed again from September 30 to December 31, marking the second delay this year, having previously been postponed from June 30 to September 30 in March.The equity exchange ratio remains unchanged, with 1 share of Dunamu exchanged for 2.5422618 shares of Naver Financial. Dunamu stated that the transaction still requires approval from the Fair Trade Commission for corporate mergers, approval for changes in major shareholders under the Credit Information Act, and reporting of changes in major shareholders under the Specific Financial Information Act, and the progress may lead to further delays or even the transaction falling through.Dunamu also pointed out that legislative discussions on the Basic Law of Digital Assets are progressing, and the content of future regulations may impact the conduct or outcome of the equity exchange.

CME Group announced that its average daily trading volume (ADV) in June reached a new record of 30.6 million contracts, a year-on-year increase of 19%; the trading volume in the second quarter reached 29.8 million contracts, marking the second highest in history.In terms of cryptocurrency, the CME's average daily trading volume for cryptocurrency futures contracts in June increased by 76% year-on-year, reaching 334,000 contracts, with a nominal value of approximately $10.7 billion. Among these, the average daily trading volume of micro Bitcoin futures contracts grew by 46%, reaching 77,000 contracts. In the second quarter, the average daily trading volume for cryptocurrency futures contracts reached 250,000 contracts, a year-on-year increase of 32%, with a nominal value of approximately $13.7 billion, of which the average daily trading volume of Ethereum futures contracts increased by 10%, reaching 18,000 contracts.