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WalletConnect released a 68-page report titled "Current Status of Policy, Compliance, and Regulation," outlining global regulatory progress in areas such as payments, DeFi, trading, custody, and tokenization. The report indicates that discussions on cryptocurrency regulation in major markets have shifted from "whether to regulate" to "how to implement," with relevant frameworks transitioning from legislation to actual enforcement at different speeds, but cross-border rules remain highly fragmented.The report points out that the European Union's Markets in Crypto-Assets Regulation (MiCA) will be fully applicable from December 2024, with the national transition period ending on July 1, 2026; currently, there are about 330 authorized crypto asset service providers in the ESMA temporary register, and over 1,000 companies that were reported to have failed to obtain authorization before the deadline prior to MiCA's implementation. Hong Kong will issue the first batch of stablecoin issuer licenses in April 2026, and Japan's revised Payment Services Act will take effect in June of the same year. Although the U.S. GENIUS Act has become law, the relevant system will not be fully effective until January 18, 2027, and broader market structure legislation is still pending.WalletConnect states that jurisdictions are increasingly adopting a "regulated touchpoint responsibility" model, meaning that issuers and service providers must still fulfill anti-money laundering, sanctions screening, travel rule, and record-keeping obligations when interacting with self-custody addresses. Tools such as sanctions screening, on-chain analysis, address control verification, and reusable identity credentials have been used in some businesses, demonstrating that compliance and self-custody are not mutually exclusive; however, how to regulate decentralized software and protocols remains unresolved, and DeFi continues to be a major frontier issue for global regulation.

According to Catcher Predict monitoring, in the market prediction event on Polymarket for "Valorant: 100 Thieves vs LOUD - VCT Americas Stage 2 Playoffs," the option "100 Thieves" in the sub-market "Match Winner" has experienced a drastic fluctuation in win probability, dropping from 81.5% an hour ago to the current 58.5% (a fluctuation of 23%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, the predicted market on Polymarket for the event "Valorant: NRG vs LOUD - VCT Americas Stage 2 Playoffs" shows that the "NRG" option in the sub-market "Map 3 Winner" has experienced a drastic fluctuation in win rate, dropping from 55.5% an hour ago to the current 14% (a fluctuation of 41.5%). Please note the impact of related breaking news.

Crypto KOL Ansem stated that he judged two weeks ago that the current market is still in a very early stage, and he maintains this view. Even if investors have not yet allocated relevant tokens, starting to pay attention to the market, formulating trading plans, and setting staggered buying prices now may still yield high returns.For tokens that have already entered the price discovery phase, Ansem believes that the current price is still close to the starting point of this breakout, and subsequent positions may not provide significantly better entry points than the current stage. Therefore, investors who have not yet taken positions should formulate plans in advance, rather than waiting to make decisions after market attention fully heats up.

In Solana's first binding on-chain governance vote, the SGP-0002 proposal aimed at accelerating the downward pace of SOL inflation passed with a support rate of 67%. This proposal, driven by the infrastructure service provider Helius, plans to increase the annual inflation adjustment rate of Solana from 15% to 30%, accelerating the network to reach a terminal inflation level of 1.5% and reducing the scale of new SOL issuance in the medium to long term.On the eve of the voting deadline, the proposal's support rate had not reached the two-thirds statutory threshold. Helius CEO Mert Mumtaz contacted major validator nodes and institutions in the final stages, and Kraken's validator node Kraken2 changed its voting position from opposition to support just before the deadline. Ultimately, the proposal received a support rate of 67%, with 25% opposed and 7.84% abstaining, and a staking participation rate of 60.7%, meeting the required number of voters. Mert Mumtaz stated that after hundreds of communications, the proposal gained crucial votes and passed in the final stages.

According to The Block, on-chain analytics firm CryptoQuant stated that Bitcoin has entered the early stages of a new bull market, but it still needs to close above the 365-day moving average of nearly $83,000 to gain "official" confirmation.The company also pointed out that the short-term market appears "overheated," with traders and whales taking profits, and the exchange inflow of Bitcoin, Ethereum, and Ripple has increased.

Uniswap founder Hayden Adams stated that after nine years of DeFi practice, the path for AMM to become the core engine of the global financial market is becoming increasingly clear. He pointed out that tokenization is not only an infrastructure upgrade but also changes who provides liquidity and what is traded in the market. The SEC has approved Nasdaq and the New York Stock Exchange to trade tokenized stocks, and the DTCC also conducted live testing of tokenized trading in July.Adams believes that traditional market makers vertically integrate capital, strategy, execution, settlement, and distribution, which is costly; blockchain disassembles these components, making capital a scarce input. Liquidity providers who already hold relevant assets or are the issuers themselves can bear inventory exposure at zero cost, thereby weakening professional market makers with lower capital costs. An on-chain "related asset pair" model has naturally formed (such as the Ethereum ecosystem pairing with ETH and stablecoins), as correlation reduces inventory risk and deepens liquidity.He cited that there are already 10 tokenized stocks on the Robinhood Chain forming a Uniswap pool with SPY, which has traded approximately $33 million in 12 days, with some trades occurring directly between stocks without touching the dollar. Adams also stated that although Uniswap's cumulative trading volume has reached about $4.6 trillion, AMM is still in its early stages, and there is significant room for improvement in subsequent design and ecosystem.

Analysts at the cryptocurrency research firm CryptoQuant believe that Bitcoin has emerged from the bear market, but a short-term pullback may occur. CryptoQuant founder Ki Young Ju posted on social media that Bitcoin has entered the early stage of a bull market and pointed out that the current trend is consistent with the market conditions before the last bull market.CryptoQuant's research shows that the inflow of funds to derivatives exchanges has resumed, confirming that traders have entered a risk-on mode, which has historically marked the beginning of a new bull market. The firm's analyst Theophiluspep stated that while Bitcoin is entering a bull market, spot demand, ETF fund flows, and market momentum have turned bullish, while high profit-taking, inflows to exchanges, and overbought conditions suggest a potential short-term cooling.Bitcoin continued to rise last week, increasing by 22% over the past 7 days, with the latest price at $78,716, briefly touching $81,160 on Monday. Previously, in June and July, Bitcoin mostly traded below $65,000. U.S. investors reversed direction last week and bought Bitcoin ETFs, achieving the best weekly performance since October, with data from Farside Investors showing that related funds managed by institutions such as BlackRock, Fidelity, Grayscale, and Morgan Stanley saw an inflow of $1.9 billion in new funds. Additionally, the U.S. Treasury announced last week that it would at least double its long-term Treasury bond repurchase scale, leading to a decline in yields, with Bitcoin and gold rising in tandem.

CryptoQuant stated that after a 24% increase, key on-chain indicators and demand metrics for Bitcoin have turned bullish, entering the early stages of a new bull market. The agency's Bull Score index surged from 30 to 80 over the past week, reaching its highest level since October 2025, with 8 out of 10 indicators showing bullish signals.During the rise, Bitcoin briefly broke through $80,000, but CryptoQuant pointed out that a weekly closing price above the 365-day moving average (currently around $83,000) is needed to confirm the transition to a new bull market. LMAX Group market strategist Joel Kruger also stated that the next significant threshold for Bitcoin is the May 2026 high of $82,820; breaking this level would reinforce the view that a cycle bottom has formed and push the price towards $100,000 and even the historical high of 2025.Despite the bullish signals, CryptoQuant warned that the short-term rally may be overheating. The unrealized profit margin for traders reached 20.5%, the highest since June 2025; short-term holder whales realized about $1.2 billion in profits between August 20 and 22, with a record $614 million on August 20 alone. Bitcoin exchange inflows also rose to about 53,000 coins, the highest since June, indicating that more tokens are moving to trading platforms.

YZi Labs announced that its flagship incubation program EASY Residency has selected 24 early-stage companies for its fourth season, with each receiving an investment of $500,000. This season lasts for 10 weeks, starting online and then bringing founders together in Bhutan. The focus this season is on the next generation of global financial infrastructure, covering areas such as stablecoin payments, on-chain foreign exchange, institutional-grade market infrastructure, privacy, credit, and AI-native execution.The themes of the selected teams include stablecoin payments and cross-border settlement, on-chain foreign exchange and credit and new banking, institutional-grade liquidity and market making, digital asset privacy compliance and financial operations, AI agents and automated execution, on-chain financial consumption and enterprise interfaces, as well as AI-native security and creator infrastructure. YZi Labs manages assets exceeding $10 billion, with a portfolio covering over 300 projects in fields such as Web3, AI, and biotechnology.

U.S. Trade Representative Katherine Tai stated that Canada raised negotiation conditions in the final stages, leading to the breakdown of the U.S.-Canada trade agreement negotiations.The two sides were previously close to reaching a compromise but ultimately failed to finalize the agreement. The U.S. has implemented new tariff measures on certain Canadian goods, and Canada has indicated it will take countermeasures, escalating trade tensions.

According to Catcher Predict monitoring, in the event "Valorant: MIBR vs Team Envy - VCT Americas Stage 2 Last Chance Qualifier" on the prediction market Polymarket, the win rate of the "MIBR" option in the sub-market "Map 3 Round Spread: MIBR (-3.5) vs Team Envy (+3.5)" has experienced significant fluctuations, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of relevant breaking news.

According to the Wall Street Journal, Solana Company (HSDT) announced its voting positions on the first three Solana governance proposals: supporting SGP-0001 "Solana Constitution," opposing SGP-0002 to accelerate inflation reduction, and SGP-0003 to change transaction fees from fixed to floating.The company stated that supporting the new governance system is due to its allowance for stakers to participate directly in voting and retain the right to overturn votes from delegated operators, which is beneficial for institutional participation in network governance. Regarding inflation and fee adjustments, the company expressed that it is not opposed to the direction but believes that the current entry of institutions is still at a critical stage, and changes in core economic parameters may affect the stability and predictability of the rules.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Top Esports vs Bilibili Gaming - LPL Group Stage," the "Yes" option for the sub-market "Both sides kill a dragon" has experienced a dramatic fluctuation in winning probability, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of relevant breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Anyone's Legend vs Team WE - LPL Group Stage," the "Anyone's Legend" option in the sub-market "Match Winner" has experienced a drastic fluctuation in win rate, dropping from 81.5% an hour ago to the current 60.5% (a fluctuation of 21%). Please note the impact of related breaking news.

Cryptocurrency analyst Darkfost stated that the apparent demand for Bitcoin in 2026 reached a record of 25,000 coins, indicating that the actual spot buying volume exceeds the newly mined coins, with market buying power stronger than supply.Apparent demand is calculated by subtracting the daily change in supply that has not been used for over a year from the daily block subsidy, used to measure whether structural accumulation can effectively absorb new supply.