Odaily News: According to data from Gate's event contracts platform, in the event regarding "What price level will WTI crude oil reach in August 2026," the probability of crude oil touching $85 or above is as high as 69%, while the probabilities of touching below $75 and above $90 are 53% and 41% respectively, indicating an overall bullish market expectation.
Meanwhile, Gate has launched the "Global Financial Duet" limited-time campaign, running from 18:00 on July 24 to 18:00 on August 28 (UTC+8). The campaign integrates Gate's stock section with Polymarket, covering earnings season and macroeconomic data hotspots. Users who complete stock or financial market prediction trades each week can earn up to 150 USDT in stock trading fee rebate vouchers and 150 USDT in event contract trial vouchers per week, while also participating in two independent leaderboards—"Stocks" and "Predictions"—with a weekly prize pool of up to 40,000 USDT to share, bringing the total prize pool to 200,000 USDT. Additionally, the campaign offers multiple extra benefits, including welcome trading gifts for new users, VIP 5+ registration rewards, and a shared hot topic calendar.
Odaily Planet Daily News: Bybit has today added four new stock perpetual contracts: Kuaishou (KUAISHOUUSDT), Meituan (MEITUANUSDT), CSOP SK Hynix Daily Leverage (2x) Product (CSOPSKHYNIX2LUSDT), and CSOP Samsung Daily Leverage (2x) Product (CSOPSAMSUNG2LUSDT). Among them, Kuaishou and Meituan support leverage of up to 25x, while the CSOP series supports leverage of up to 20x. During the launch period, limited-time trading fee discounts are available: 0% for limit orders and 50% off for market orders.
Odaily News: According to Qatar's Al Jazeera report on the 11th, US President Trump stated in an interview with Real America's Voice that the US has three "strategies" toward Iran: first, monitoring the deterioration of its situation; second, launching a fierce strike against it; and third, applying economic pressure. Trump also claimed that the US controls a significant amount of Iran's funds and assets, saying, "These are completely under our control." (Xinhua News Agency)
Odaily News: The senior deputy governor of the Bank of Korea stated that further rate hikes are necessary, and the pace of subsequent increases should be data-driven. (Jin10)
PPP Prediction Market Tool monitoring shows that in the predict.fun "League of Legends KeSPA Cup Finals DNS vs. HLE" prediction event, the probability of DNS defeating HLE is currently reported at 19%.
At 4 PM today, the League of Legends KeSPA Cup will feature the finals between DNS and HLE, with the match being a BO5.
DNS defeated GENG 2:0 in the knockout stage yesterday, advancing strongly to the finals. On the other side, HLE had previously beaten GENG in an earlier match and will now face DNS in the final showdown today.
Join the PPP Signal Push Community to stay ahead and gain the edge.
Odaily News CryptoQuant founder Ki Young Ju posted on X platform, issuing a correction to his previous analysis of CME bitcoin futures positioning. He stated that he had mistakenly labeled "Total Reportables" as "Leveraged Funds," which led to the conclusion that CME hedge funds had rarely turned net long on BTC futures. However, the actual situation is that leveraged funds still maintain net short BTC futures positions.
Ki Young Ju provided CFTC futures positioning data as of August 4:
1. Large institutional traders overall show a slight net long position, a category that includes asset managers, market makers, dealers, etc. Ki Young Ju stated that although the net long magnitude is limited, his earlier judgment that institutions leaned bullish still holds.
2. Leveraged funds still maintain net short BTC futures positions, but over the past year, their standard BTC futures net short size has decreased by approximately 50% (in BTC terms). The main reason is the decline in basis trade returns—when futures basis yields fall below U.S. Treasury yields, the arbitrage space narrows. Leveraged funds are currently net long on Micro BTC futures, but the position size is small, only approximately +394 BTC, equivalent to about 1% of the standard BTC futures net short size.
Ki Young Ju stated that leveraged funds have not yet turned net long overall, but their long-term structural short positions are clearly weakening, which may reflect arbitrage position unwinding and directional position adjustments.
Odaily Odaily: Bitget has launched a new round of CandyBomb with a total prize pool of 150,000 DOS. This event is exclusively for new futures users and runs from August 11 to August 18. During the event period, users who complete net deposit and futures trading tasks can unlock corresponding candies, with a maximum of 1,000 DOS per person. Detailed rules have been published on Bitget's official platform. Eligible users must click "Join Now" to complete registration before they can participate in the event.
Odaily News - Arthur Hayes stated in his latest article "Situationship" that Ethena is a stablecoin project currently facing challenges but with the potential to easily 5-10x in value. He noted that one issue with Ethena is the lack of a buyback mechanism. However, considering it is currently the sixth-largest USD stablecoin by circulation, this can be overlooked. The problem with ENA lies in the fact that due to declining prices leading to insufficient Bitcoin basis yields, the yield from holding USDe is almost on par with Treasury bonds. Therefore, staking synthetic dollars in USDe, taking on counterparty risk from centralized exchanges and smart contract risk, is simply not worth it. This is why circulation supply has dropped 75% from its peak, and the ENA token price has fallen over 90%.
Looking ahead, even a slight increase in dollar liquidity could drive Bitcoin prices higher, thereby boosting basis yields and attracting significant capital inflows into USDe. ENA doesn't need much to escape its downturn, so in the coming months, it might be an investment option worth considering for a potential quick 5x return.
Previously reported, monitoring shows that Arthur Hayes has been heavily buying ENA since August, accumulating 22.64 million ENA tokens as of August 6th, valued at approximately $2 million.


