Odaily Odaily reported that Eckhard Schulte, Chairman of MainSky Asset Management, stated in a report that Federal Reserve Chair Powell's avoidance of providing any form of forward guidance makes it extremely difficult for the market to form a coherent analysis of Fed policy. The market will have to adapt to this communication style; the resulting high uncertainty will weigh on stocks, long-dated bonds, and the U.S. dollar. Powell has made it clear that the Fed is serious about its 2% inflation target and intends to achieve it. However, he did not provide a coherent explanation for why the Fed did not heed the opinions of the three dissenting members who advocated for a rate hike. (Jin Shi)

Odaily News According to Christian Hoffmann, Head of Fixed Income at Thornburg Investment Management, the Federal Reserve's decision to hold interest rates steady was "not a foregone conclusion," and he described it as an "uneasy pause." Despite some constructive inflation data emerging recently, oil prices have surged again amid increasing geopolitical uncertainty. We are gradually coming to believe that this is no longer a Fed that telegraphs its moves long in advance, nor one that frequently shares its thoughts on various occasions. (Jin Shi)

According to official sources, Gate Prediction Market has officially released version 8.3.0, featuring a completely revamped product UI and the launch of multiple practical functions, including a profit and loss calendar, profit and loss history query, profit and loss sharing, event sharing charts, chart vibration feedback, among others. It also introduces a modern/classic dual theme switch, offering users a more efficient and personalized prediction trading experience. Additionally, the update optimizes several core modules such as the prediction market detail page, the cyclic market price trend chart, the asset page's profit/loss algorithm, and the market rankings, further enhancing the overall user experience.

Gate is launching the "Esports Peak Trading Season" from 16:00 on July 20 to 16:00 on August 10 (UTC+8), with a total prize pool of 200,000 USDT. After registering, users who participate in designated event prediction trades in the Gate Prediction Market esports zone can unlock newcomer benefits, weekly task rewards, and compete on the esports prediction trading leaderboard.

As the first centralized exchange to integrate Polymarket, Gate has become a key entry point for users participating in prediction markets. Users can access Gate Polymarket via the Alpha section on the Gate App homepage and use USDT from their accounts to conveniently engage in prediction market trading for popular esports events and championship outcomes. Users can also leverage the "Smart Money" feature to track the positions and market judgments of high-win-rate traders, obtaining more references for esports event predictions. Gate is continuously expanding the application scenarios of prediction markets, providing users with a prediction trading experience covering diverse events such as popular esports tournaments.

Odaily reported that A-shares C Changxin turned positive in afternoon trading, after previously falling over 6.5%, with a trading volume exceeding RMB 30 billion.

Odaily Planet Daily News: TD Cowen lowered its price target for Qualcomm (QCOM.O) from $225 to $175. (Jin Shi)

1. South Korea's KOSPI index recently fell 1.4%, with SK Hynix down 5.8%;

2. Some BTC has remained unmoved for 8 years, with an address linked to Bitminter's founder transferring 829 BTC;

3. Qualcomm will raise chip prices starting in September, with increases in the double digits;

4. The "AI stock god" trading strategy has faced a drawdown and is seeking new capital support;

5. President of the American Bankers Association: Hopes for the passage of the CLARITY Act, but stablecoin issues still need to be resolved;

6. Expanding freezing authority, South Korea plans to allow financial authorities to suspend payments from suspicious crypto accounts;

7. Polymarket's probability for "Bitcoin falling to hit $62,500 in July" dropped to 28%, down 23% in 24 hours;

8. Zcash founder states that the ZEC supply can be verified instantaneously, denying the possibility of secret minting.

According to Gate data, South Korea's KOSPI index fell 1.4% recently, with SK Hynix dropping 5.8% and Samsung Electronics rising 0.2%.

Odaily Odaily Planet Daily News The Situational Awareness fund, managed by "AI Stock God" Leopold Aschenbrenner, accumulated a gain of 439% before June 2026. However, it suffered severe setbacks during the AI sector sell-off in July. The fund is currently communicating with existing investors and lenders to seek new capital and is offering some LPs the opportunity to purchase assets from its portfolio.

Sources say this capital discussion appears more like an ad-hoc response than an organized new fundraising round. The fund had previously used leverage through prime brokers at several major investment banks to amplify its AI trading exposure, turning market drawdowns further into funding pressure.

In a letter to investors on July 24, Aschenbrenner acknowledged that the fund failed to avoid this market shock, noting that Asian markets were particularly affected. However, he believes this sell-off could present the best buying opportunity since early 2025. He plans to open a window for new capital on August 1st and views Anthropic's potential IPO as a catalyst for the second half of the year.

According to disclosures, some holdings saw significant declines in July. Oracle and AMD fell approximately 20% for the month, while Nebius, Saronic AI, Bloom Energy, Sandisk, and others saw even larger drops. The Nasdaq 100 index fell about 10% in July, and South Korea's Kospi index dropped by roughly one-third.

Currently, lacking specific data on the fund's exact drawdown magnitude, it is difficult to determine whether this fundraising is a passive capital injection driven by leverage pressure or an active move to increase positions for an opportunity. However, market trends suggest it is closer to the former. If forced selling occurs, the deleveraging process could also create discount opportunities in assets whose fundamentals haven't materially changed.

Odaily reported that during Qualcomm's earnings call, CEO Cristiano Amon stated that the company plans to raise chip product prices starting September 1, with increases reaching double digits, in order to drive profit margins back to historical levels.

Amon said the price increase is primarily due to rising costs across the entire supply chain, rather than being solely driven by higher memory chip prices. Qualcomm will conduct pricing negotiations with each customer individually.

He noted that there is a temporary mismatch between current costs and product pricing, which led to a slight decline in gross margins in the short term.

According to SoSoValue data, Bitcoin spot ETFs recorded a total net inflow of $32.1099 million yesterday (Eastern Time, July 29).

The Bitcoin spot ETF with the largest single-day net inflow yesterday was Blackrock's ETF IBIT, with a net inflow of $89.8281 million. IBIT's total historical net inflow now stands at $60.421 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity's ETF FBTC, with a net outflow of $43.0832 million. FBTC's total historical net inflow now stands at $9.959 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $77.455 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.08%. The cumulative historical net inflow has reached $51.357 billion.

Odaily reported that according to SoSoValue data, yesterday (Eastern Time July 29) Ethereum spot ETFs had a total net outflow of $18.6542 million.

The Ethereum spot ETF with the highest single-day net inflow was the Morgan Stanley Ethereum Trust MSSE, which recorded a net inflow of $14.297 million. To date, MSSE's total historical net inflow has reached $19.4457 million.

Following closely was Blackrock's ETF ETHA, with a single-day net inflow of $5.1632 million. ETHA's total historical net inflow currently stands at $11.430 billion.

The Ethereum spot ETF with the largest single-day net outflow was Fidelity's ETF FETH, recording a net outflow of $16.0729 million. To date, FETH's total historical net inflow has reached $2.105 billion.

As of press time, the total net asset value of Ethereum spot ETFs stands at $10.369 billion, with the ETF net asset ratio (market value relative to Ethereum's total market cap) at 4.56%. The cumulative historical net inflow has reached $11.188 billion.

Odaily Planet Daily News: On July 29, Justin Sun, founder of TRON, delivered a video keynote speech at Malaysia Blockchain Week 2026. He stated that DeFi, TradFi, and AI are accelerating their convergence through the same assets, payment channels, and user base. The future of finance will be a connected system where institutions, open blockchain networks, and AI operate in synergy, and TRON's infrastructure capabilities will serve as a critical cornerstone supporting this transformation.

Justin Sun pointed out that TRON's scale and efficiency make it naturally suitable for AI agent payment scenarios. Projects within the ecosystem, such as B.AI and Bank of AI, have already endowed AI agents with independent identities and autonomous transaction capabilities. Among them, the user base of B.AI has surpassed 2 million. He also addressed industry compliance concerns by citing the T3 Financial Crime Unit's (T3 FCU) success in freezing approximately $450 million in illegal assets, stating that TRON's goal is to build a bridge between humans and AI, as well as between local markets and global liquidity, providing open infrastructure for the next generation of value flow and inclusive finance.

Malaysia Blockchain Week 2026 is being held from July 29 to 30 at the Kuala Lumpur World Trade Centre and is one of the most anticipated Web3 events in Southeast Asia. This year's event brings together global policymakers, industry leaders, developers, and investors to discuss the future evolution of blockchain, digital assets, and emerging technologies.