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According to Bloomberg, citing informed sources, Binance announced in June plans to exit the European Union, and the market generally expected it to be forced out due to not obtaining a MiCA license. However, the July 1 deadline has passed, and Binance is still maintaining operations in the EU through various means.European Central Bank President Christine Lagarde personally intervened to push for Binance's application, which was not approved, and Binance has withdrawn its license application in Greece. Previously, users in six EU countries with local entities were asked to migrate away from the platform, and some users later regained trading access through "reverse solicitation" clauses. Binance has also routed some EU users' trades to its Abu Dhabi entity, which is under different regulations.Currently, the European Securities and Markets Authority has sent a letter requesting confirmation of its orderly exit progress. Binance stated that it is committed to achieving long-term compliant operations under the MiCA framework. Data shows that its global spot trading volume share exceeds 45%, with the euro-denominated trading share around 3% to 4%, which has not changed significantly from before.

Bloomberg ETF analyst Eric Balchunas posted that over the past 6 months, Bitcoin's correlation with the U.S. stock market has been lower than that of gold, small-cap stocks, emerging market assets, and U.S. Treasuries.He stated that Bitcoin's historical correlation with U.S. stocks has roughly maintained around 0.4, while gold and U.S. Treasuries have seen a significant increase in their linkage with U.S. stocks recently.Balchunas noted that although this time window is relatively short, it is sufficient to refute the claim that "Bitcoin is just another QQQ."

Bloomberg's chief economist Anna Wong stated that next week's non-farm payroll report may show weakness, with a certain probability of recording negative growth, which will have a critical impact on the Federal Reserve's policy path.She pointed out that if there are two consecutive negative non-farm data, there is no precedent in modern Federal Reserve history for raising interest rates under such circumstances.

According to Bloomberg, the new regulations on cryptocurrency asset financing proposed by the U.S. Securities and Exchange Commission (SEC) this month aim to restart the ICO financing model. The proposal allows startups to raise up to $5 million within four years and large projects to raise up to $75 million annually without full SEC registration.However, the market environment has fundamentally changed: in January 2018, ICO financing reached $3 billion, but now VC token trading volumes have significantly declined, and speculative funds have shifted to perpetual contracts, prediction markets, and AI stocks. Dragonfly partner Tom Schmidt stated, "Having something is better than having nothing, but it would have been more useful if launched a few years ago." Pantera Capital partner Cosmo Jiang pointed out, "Previously, meme coins that were legal but had actual value were illegal, which is completely contrary to the way capitalism operates." Analysts believe, "The ICO of 2026 is not the ICO of 2018; the era when white papers and dreams could attract capital has ended."

Bloomberg ETF analyst Eric Balchunas stated that gold and Bitcoin ETFs have returned to the top ten funds by trading volume, which may indicate that "devaluation trades" are replacing the AI craze.Balchunas pointed out that this phenomenon reflects the market's capital flow shifting from AI-related assets to asset classes like gold and Bitcoin, which are seen as hedges against currency devaluation.

Visa announced its participation in the BLOOM (Borderless, Liquid, Open, Online, Multi-currency) initiative led by the Monetary Authority of Singapore (MAS), aimed at expanding the settlement capabilities of financial institutions and promoting interoperability between traditional payment systems and stablecoin payment rails, allowing institutions to enjoy faster, programmable payments while retaining security and compliance assurances.As the first partner under the BLOOM framework, Nium will pilot the use of stablecoin settlements with Visa, exploring more efficient cross-border fund flows based on Visa's payment network, security, and compliance capabilities. The two parties will study the implementation of settlements seven days a week (including weekends and public holidays) using stablecoins to reduce delays and enhance efficiency. The pilot supports regulated stablecoins backed by major currencies, including US dollar and euro-denominated stablecoins.

According to Bloomberg, OnlyFans' operating company Fenix International announced its accounts on Tuesday, revealing that the late owner Leonid Radvinsky received dividends of up to approximately $709 million in the months leading up to his death, including $535 million for the fiscal year ending in November 2025, and another $174 million in batches during the first three months of 2026. Since acquiring OnlyFans, Radvinsky has received a total of over $2 billion in dividends.Bloomberg also disclosed that just weeks after Leonid Radvinsky's death, OnlyFans reached an equity deal with San Francisco investment firm Architect Capital at a valuation of $3.15 billion, with the latter acquiring about 16% of the shares and planning to collaborate with OnlyFans to develop financial services and products aimed at creators. Previously, it was reported that OnlyFans' controlling owner Leonid Radvinsky passed away from cancer at the age of 43.

According to Bloomberg, Trade.xyz and Hyperliquid are inspired by their success and are pursuing grander goals. They are lobbying regulators in hopes of opening pre-IPO perpetual contracts in the United States, claiming that these tools can help modernize the traditional IPO process by improving price discovery. Hyperliquid operates outside the United States and has not officially opened to U.S. traders. Trade.xyz is also subject to the same restrictions.

On August 20, the Bitcoin market suddenly rebounded, with prices rising nearly 8% at one point, briefly breaking through $70,000, reaching a new high since early June, and triggering the largest short liquidation wave since 2021. Over $1 billion in Bitcoin short positions were liquidated within about an hour, as months of bearish trades concentrated on closing positions, driving a rapid rebound in BTC. Analysts pointed out that this increase reflects an overly crowded short position in the market, and as prices turned upward, forced buying to cover further amplified the rally.This rebound was driven by multiple factors. U.S. President Trump met with executives from crypto companies such as Coinbase, Kraken, and Blockchain.com at the White House, and the market expects the U.S. government to continue promoting a more friendly regulatory framework for digital assets. The U.S. Securities and Exchange Commission (SEC) proposed new rules for crypto asset issuance this week, intending to exempt certain digital asset issuance from registration requirements. On the macro front, the U.S. Treasury announced an expansion of long-term Treasury bond repurchase operations, at least doubling the scale of repurchase operations for 10 to 30-year Treasury bonds to enhance market liquidity and alleviate pressure on long-term U.S. Treasury yields, further boosting sentiment for risk assets.The rebound spread throughout the entire crypto market, with Ethereum rising 19% at one point, marking the largest single-day increase since March. Crypto-related stocks also surged, with Coinbase rising about 10%, Bitcoin reserve company Strategy increasing about 13%, and stablecoin issuer Circle rising nearly 10%. Analysts stated that Bitcoin's next key step lies in whether it can convert this short squeeze into real buying pressure and break through the resistance area above $70,000.

According to Bloomberg, TikTok is developing a "peer-to-peer" payment feature that allows users to transfer money to each other via private messages, with evidence coming from the code of the U.S. version of the TikTok App. The interactive design of this feature is quite complete, allowing the recipient to "click to accept" to complete the payment, while the sender can attach a text message. Changes in transaction status will be communicated to the sender in real-time via push notifications, providing an experience similar to PayPal's Venmo.TikTok responded that this feature "is not currently in testing in any market," and the report also noted that there are no signs guaranteeing that TikTok will definitely launch this feature. However, the existence of the code, combined with TikTok hiring for financial services positions in multiple markets including the U.S., indicates that the company is exploring this direction.TikTok has accumulated payment experience in Southeast Asia, with its payment product TikTok Pay operating in Vietnam, Malaysia, and Thailand, primarily used for shopping payments on TikTok Shop. In the first half of 2025, Thailand's TikTok Shop GMV reached $5.419 billion, a year-on-year increase of 162%. TikTok has over 1 billion monthly active users globally, with about 170 million users in the U.S. Following the news, stocks of companies like PayPal saw a significant drop that day. Analysts believe that if this feature is implemented, it will have a direct impact on Venmo's position in the peer-to-peer transfer market in the U.S., where Venmo has about 67 million monthly active users. However, regulatory factors remain the main challenge for TikTok in expanding its payment business in the U.S.

According to Bitcoin Magazine citing Bloomberg, large holders have purchased approximately 43,000 bitcoins in the past 60 days, with a total value of about $2.7 billion.This data reflects the recent continuous inflow of large funds into the bitcoin market, with market sentiment leaning bullish.

According to Bloomberg, Trump is being sued for planning to sell quick access to Truth Social posts.

According to Bloomberg, citing Smart Analytics Global data, the global shipment of humanoid robots in the first half of 2026 is approximately 19,100 units, a year-on-year increase of over 200% (compared to about 5,100 units in the same period last year), with Chinese manufacturers accounting for over 97%. The agency expects the total shipment for the year 2026 to reach about 60,000 units, and it is anticipated to grow to 500,000 units by 2030.The report points out that China has formed an early leading advantage over American competitors in the field of humanoid robots. Previously, Morgan Stanley raised its forecast for China's humanoid robot shipments in 2026 to 50,000 units, and IDC data also shows that the top five companies in global humanoid robot shipments in 2025 will all be Chinese firms, while American companies Figure AI and Tesla rank seventh and ninth, respectively.

Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that Bitcoin spot ETFs recently recorded the strongest weekly inflow since April of this year, with a net inflow of approximately $1 billion, marking the third-best performance since last October's "Silent IPO" event. Several products, including BlackRock's iShares Bitcoin Trust ETF (IBIT) and Fidelity's Fidelity Wise Origin Bitcoin Fund (FBTC), have seen inflows for multiple trading days following the Coldcard wallet incident.Eric Balchunas added that while a causal relationship cannot be fully confirmed, the strong correlation between fund flows and the timing of events is "hard to ignore." If it is ultimately proven that the Coldcard incident becomes the starting point for the next Bitcoin rally, it would be somewhat ironic—because attacks on Bitcoin cold storage wallets are typically viewed as one of the worst security incidents, yet market sentiment may shift as a result. Recent ETF fund inflows indicate that institutional investors' demand for Bitcoin allocation is recovering, and the market is reassessing the impact of previous security incidents.

Eric Trump, the second son of Donald Trump, criticized Bloomberg's reporting on SpaceX, claiming it has issues of "overpromising and underdelivering" and accused the reporting of being of poor quality.Eric Trump stated that SpaceX's payload mass launched to orbit in 2025 accounts for about 80% to 85% of the global total, while China's share during the same period is about 8% to 10%. He claimed that a private aerospace company has surpassed the launch capabilities of other countries worldwide, even leading the two major space powers.He also pointed out that SpaceX's Falcon 9 rocket completed approximately 165 successful launches in 2025, maintaining a zero-failure record, and that the reusable boosters have achieved over 30 flights.Eric Trump believes that SpaceX has made significant breakthroughs in reducing launch costs, improving rocket reuse efficiency, and promoting the development of commercial spaceflight, and criticized some media reports for failing to accurately reflect the company's technological achievements.These remarks stem from his dissatisfaction with Bloomberg's related reporting on SpaceX, but SpaceX's actual market share, global launch proportion, and future development prospects continue to attract ongoing attention from industry organizations and analysts.

According to Bloomberg, informed sources revealed that a recent wave of complex cyberattacks targeted several large asset management firms on Wall Street, with attackers attempting to infiltrate the information systems of the relevant companies. Several large hedge funds globally became targets of the attacks, including Two Sigma Investments, Citadel, and Point72 Asset Management. In addition, several private equity firms were also attacked.It is currently unclear who the attackers are, the methods used in the attacks, and whether any sensitive data has been compromised. Informed sources requested anonymity due to the involvement of undisclosed information. This incident has once again raised market concerns about the cybersecurity risks faced by financial institutions. As asset management companies increasingly rely on complex information systems, algorithmic trading, and cloud infrastructure, the financial industry is becoming a primary target for cyber attackers.

According to Bloomberg, Binance affiliated entities Nest Trading, Distributed Technologies, and Chaintecs Consulting Singapore have filed a lawsuit in Hong Kong against RedotPay co-founders Gao Zhangpeng, Chan Wa Choi, and Yao Chao, accusing the three of breaching agreements by redirecting over 470,000 users from Binance Card to RedotPay, claiming damages of $472.8 million. Binance stated that since March 2026, it discovered that RedotPay had been allowing Binance Pay funds to be used for RedotPay card top-ups without isolation, claiming that this cooperation allowed RedotPay to obtain approximately $304 million in user funds from Binance Pay. RedotPay responded that it will vigorously defend against all allegations and that it does not affect the company's daily operations.In addition, Binance affiliated entity Chaintecs has also filed a lawsuit against RedotPay affiliates in Singapore, with a hearing scheduled for Friday. RedotPay had previously sought an IPO with an estimated valuation of approximately $4 billion, stating that its annualized payment volume currently reaches $14 billion, with annualized revenue of $180 million and over 8 million users.

According to Bloomberg, the current venture capital market is experiencing significant structural differentiation. As funds concentrate on top artificial intelligence startups, many small and medium-sized venture capital funds are facing severe challenges such as fundraising difficulties, declining performance, and narrowing exit channels.The report points out that the excessive hype around artificial intelligence has distorted the venture capital market. Data shows that just five companies—OpenAI, Anthropic, xAI, Waymo, and Nscale—accounted for 78% of all venture capital transaction volume in the first quarter of this year. A large amount of capital has flowed to a few top investors who made early bets on AI, such as Founders Fund and Andreessen Horowitz, while small emerging fund managers find it difficult to compete with these leading institutions.This differentiation is directly reflected in fundraising data. Last year, newly established management companies (managing three or fewer funds) raised only about $62 billion, a significant drop of about 60% compared to the pandemic peak of $163.4 billion in 2022. Even experienced management teams raised only $84 billion last year, which is just one-third of the amount in 2022. Many LPs are facing liquidity pressures and are more inclined to demand returns on existing investments rather than commit new funds.

According to Bloomberg, citing informed sources, Chinese officials are concerned that cutting-edge AI models from the U.S., such as Anthropic's Mythos, could be used as offensive cyber tools to launch cyberattacks against China. At the same time, the Chinese side questions why Anthropic does not allow Chinese companies to use the relevant models normally, yet cannot rule out the possibility of these capabilities being used to attack China. Anthropic has long advocated for the U.S. to tighten restrictions on advanced chips and AI capabilities related to China, and last year it stopped providing services to companies controlled by China.The report states that the Chinese side is currently not prepared to take immediate action, but if the U.S. further restricts Chinese AI companies, relevant departments are studying response plans, which may include imposing sanctions on U.S. AI companies or placing them on a restricted list. Currently, neither Anthropic nor relevant departments have publicly responded to this.

Bloomberg senior ETF analyst Eric Balchunas commented on the Coldcard wallet security incident, saying, "I just learned that the Coldcard team has only 5 employees. For such an important company, this number is really too low. Would you be willing to use a bank with only 5 people working to store your life savings? Maybe this is a feature in the cryptocurrency space, but to me, this is clearly a warning signal."Balchunas further stated that, in contrast, institutions like Coinbase and Ledger, which have larger teams, may have advantages in security investment and operational capabilities, even if users have to bear higher transaction costs. A Bitcoin ETF offers another option: investors can obtain security guarantees provided by large, professional, regulated financial institutions while enjoying lower management fees.