Odaily News: According to a report by Al Jazeera citing Iran's Press TV, talks between Iran and Oman have entered a "new phase," with both sides "expected to reach a consensus." The TV channel quoted a senior Iranian official as saying the talks are "aimed at establishing a central channel through the Strait of Hormuz to ensure navigational safety while safeguarding Iran's rights as a littoral state." The official stated that once operational, this new channel would replace the existing northern and southern routes. The Strait of Hormuz is only 34 kilometers wide and was an international waterway before Iran shut it down in response to attacks by the United States and Israel. Before the war, vessels followed a UN-approved two-way traffic separation scheme, with shipping lanes passing through Iranian and Omani waters respectively. (Jin Shi)
Odaily News: According to Iranian state media, citing informed sources, the agreement with Oman on the Strait of Hormuz will be postponed as long as the United States continues to threaten Iran. (Jin Shi)
Odaily News – U.S. President Trump said in an interview that Iran will never possess nuclear weapons. "They are no longer able to have them, but this will be formally established." He stated that the Strait of Hormuz will reopen very soon, "otherwise Iran will face a very fierce strike, and then the strait will also reopen." Trump said: "We were prepared to launch a massive attack — the largest since World War II. They called us and said very politely: 'Can we talk? Can we talk?' I said: 'Sure, we can talk. Let's get this resolved. Ultimately, let's reach a deal.' 'If they back out again, they will suffer severe strikes, and they know it themselves.'" He also added: "If it weren't for the actions we are taking, they wouldn't even sit down to negotiate. We have already hit them very, very hard, but the real blow has not yet come. Hopefully we won't have to use it. I hope not." (Jinshi)
Odaily News: Bitwise Chief Investment Officer Matt Hougan stated that even if the CLARITY Act fails to pass this week, the crypto industry will continue to move forward.
Hougan noted that the U.S. Senate will be in recess from August 10 to September 11, leaving only about a 3-day window for the bill to advance before lawmakers depart. If Congress fails to pass the legislation, the U.S. Securities and Exchange Commission (SEC) may address some of the issues through rulemaking.
He said that rules introduced by the SEC under Paul Atkins in the short term could be more favorable to the crypto industry and innovation than a bipartisan bill, but the risk is that such policies could be reversed after a future SEC Chair change.
Hougan believes that if the CLARITY Act fails to pass this week, it will enter a "zombie" state, potentially being delayed until the fall or winter of 2026, or folded into an end-of-year omnibus bill. Long-term regulatory uncertainty could still hinder professional investors from entering the crypto market on a large scale.
According to Polymarket data, the probability of the CLARITY Act being signed into law by the end of 2026 is currently around 23%, a significant drop from roughly 75% in mid-May. Hougan still supports Congress passing the bill, saying that while it is not perfect, it would help protect investors, improve the regulatory framework, and enhance U.S. competitiveness in the on-chain finance sector.
Odaily News: According to SoSoValue data, Ethereum spot ETFs recorded a total net inflow of $53.7474 million yesterday (August 4, Eastern Time).
The Ethereum spot ETF with the highest single-day net inflow was BlackRock's ETF ETHA, which saw a net inflow of $42.4582 million, bringing its historical total net inflow to $11.480 billion.
Next was Fidelity's ETF FETH, with a single-day net inflow of $9.3424 million, bringing its historical total net inflow to $2.109 billion.
As of press time, the total net asset value of Ethereum spot ETFs stood at $10.316 billion, with the ETF net asset ratio (market value as a percentage of Ethereum's total market cap) at 4.56%, and cumulative historical net inflows reaching $11.253 billion.
Odaily News: According to SoSoValue data, yesterday (Eastern Time, August 4), Bitcoin spot ETFs recorded total net inflows of $211 million.
The Bitcoin spot ETF with the largest single-day net inflows yesterday was BlackRock's ETF IBIT, with $170 million in net inflows. To date, IBIT's historical total net inflows have reached $60.763 billion.
Next was Fidelity's ETF FBTC, with single-day net inflows of $19.5752 million. To date, FBTC's historical total net inflows have reached $9.972 billion.
As of press time, the total net asset value of Bitcoin spot ETFs stands at $78.258 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) at 6.06%, and historical cumulative net inflows reaching $51.706 billion.
Odaily News 1confirmation founder Nick Tomaino stated in a post on X that Polymarket has established a leading position in the on-chain prediction market space, while its US-facing application is still in its early stages of development.
Nick Tomaino noted that, according to Similarweb data, Polymarket recorded 43.1 million web visits last month, surpassing the combined traffic of FanDuel, DraftKings, and Kalshi, and has ranked among the world's most popular fintech applications—all while its marketing spend remains only a fraction of its competitors'.
He stated that the core reason behind Polymarket's rapid growth lies not only in its function as a prediction trading platform, but also in its role as a tool for users to access information, assess current events, and understand the world. The transparency and global open access enabled by blockchain technology serve as a crucial foundation for the platform's mission of "optimizing information and restoring truth."
Additionally, Nick Tomaino said that Polymarket's US-facing client is still in its early stages, but product optimization and commercialization efforts are steadily progressing.
Odaily News, Chainalysis posted on X platform stating that the Coldcard hack has been particularly devastating for Bitcoin holders in Canada. Our analysis of the attackers and victims found that Canadian BTC holders accounted for 25% of the attributable losses.
According to aggregated estimates from Galaxy Research, losses have reached as high as $110 million. We analyzed the geographic distribution of this ongoing hacking campaign. Users in Australia, the United States, and Thailand have also suffered significant losses.
Odaily News: Palantir's second-quarter revenue and adjusted earnings per share both exceeded market expectations, with the stock price surging nearly 30% cumulatively in after-hours and next-day trading. According to CoinGlass data, the total open interest value of PLTR contracts across all platforms is approximately $38.1997 million. By platform distribution, tradeXYZ, Binance, and Bitget rank top three in open interest, as follows:
tradeXYZ: Approximately 69,000 PLTR in open interest, corresponding to a value of about $11.0056 million
Binance: Approximately 57,200 PLTR in open interest, corresponding to a value of about $9.1368 million
Bitget: Approximately 26,400 PLTR in open interest, corresponding to a value of about $4.2124 million
Odaily News: SpaceX shares will enter a major unlock phase from August to November this year, with circulating shares expected to rise from approximately 640 million to 5.2 billion, with the newly added circulating shares mainly coming from employee holdings.
Analysis suggests that large-scale employee stock unlocks could bring sustained selling pressure. Even though SpaceX's long-term growth prospects are viewed favorably by the market, the stock price may still face pressure in the short term. In contrast, institutional investor unlocks from January to June 2027 are relatively small in scale with limited impact; Musk's shares unlock in June 2027, but given his founder status and holding motives, short-term selling pressure may be relatively low.
Market observers believe that SpaceX's biggest unlock pressure is concentrated in the second half of this year, and leveraged long investors should pay attention to potential selling pressure. However, the release of employee holdings combined with valuation adjustments may also provide institutions with an opportunity to accumulate positions at lower levels in the fourth quarter.


