Odaily News: On-chain analyst Ember stated on the X platform that Strategy has now broken even.
Previously reported, Strategy's average cost for its Bitcoin position was $75,385.
Odaily News: According to an official announcement, South Korean crypto exchange Bithumb will list the NEXO token on its Korean Won market, with trading expected to open at 13:00 local time.
Odaily News: On-chain analyst EmberCN posted on X, stating that if BTC rises another $800, Strategy will break even, as its cost price is $75,385. Strategy's current floating loss has dropped from $9.904 billion a few days ago to $685 million, a reduction of $9.219 billion. Bitmine's ETH floating loss has dropped from $8.513 billion a few days ago to $5.879 billion, a reduction of $2.634 billion.
Odaily Planet Daily News: Crypto companies, AI firms, and online betting platforms have emerged as major industry forces influencing the 2026 U.S. midterm elections. Data shows that over the 15 months ending in the first quarter, U.S. corporate spending on House and Senate elections reached $517 million, surpassing the record of $461 million for the entire 2024 election cycle. Donations from the crypto, tech, and online betting sectors totaled at least $294 million. The crypto industry has channeled political spending through networks like the Fairshake super PAC, with Coinbase, Ripple, and Andreessen Horowitz serving as primary funding sources.
Odaily News: The board of directors of Korean internet company Kakao has resolved to proceed with a corporate split, establishing KakaoAI and designating KakaoX as the surviving entity. KakaoAI will focus on AI businesses centered around KakaoTalk, while KakaoX will oversee core subsidiaries and new business investments. Existing shareholders will receive shares in both companies based on a net asset book value ratio of 0.36 and 0.64, respectively.
KakaoAI will transform KakaoTalk, which has approximately 50 million users, into an "agentic AI interface," connecting AI, advertising, and e-commerce businesses. The company plans to achieve over 20 million daily active AI users by 2030, increase platform dwell time by more than 50%, and reach annual revenue of 6 trillion Korean won. Current Kakao CEO 정신아 is slated to become the representative.
KakaoX will oversee the development of core subsidiaries including KakaoBank, KakaoPay, Kakao Mobility, and Kakao Entertainment, while also pursuing new business opportunities and investments in innovative companies. The company plans to utilize approximately 2.3 trillion Korean won from asset securitization and roughly 4.1 trillion Korean won in investment funds held by its subsidiaries, aiming to achieve revenue exceeding 10 trillion Korean won by 2030.
KakaoAI plans to allocate 20% to 35% of adjusted free cash flow for shareholder returns, while KakaoX intends to use 30% of subsidiary dividends and investment gains for shareholder returns. Kakao plans to hold an extraordinary general meeting on December 17, complete the split on January 1, 2027, and pursue a relisting of KakaoAI and listing change for KakaoX on January 27. (ZDNet)
Odaily News: According to Lookonchain monitoring, the Matrixport-linked whale (@BITofficial_EN) holds long positions in 120,000 ETH and 500 BTC, valued at $187 million and $29.33 million respectively. After holding for 4 months, this long position has turned from a floating loss of $92.5 million into a floating profit of $11.5 million.
Odaily News, Coinglass data shows that over the past hour, total liquidations across the network reached $156 million, with long liquidations at $6.746 million and short liquidations at $149 million. Additionally, BTC liquidations over the past hour amounted to $126 million.
Odaily Planet Daily News According to on-chain analyst Yu Jin's monitoring, a whale/institution named "7 Siblings" bought ETH after a short-term drop of more than 10% and sold after a short-term surge of more than 10%. In February and June this year, after ETH experienced two declines of more than 10%, the whale/institution made purchases, with the June purchase price at $1,789. Over the past day and a half, ETH has risen more than 20%, and 7 Siblings (0x28a...a6b) has begun selling; in the past 6 hours, it sold 9,000 ETH, exchanging them for 21.04 million USDT at an average price of $2,338.
Odaily News, a report shows that capital expenditures for AI and high-performance computing (HPC) operations at 9 listed Bitcoin mining companies reached $5.11 billion in the first half of 2026, with related revenue of $340 million during the same period, representing an input-output ratio of approximately 15:1. Among a sample of 15 mining companies and AI data center firms, combined capital expenditures for the 2026 reporting period totaled $30.7 billion, up 42.6% from the full year of 2025. AI and HPC revenue continues to grow, with Q2 related revenue from the 9 mining companies rising 52% quarter-over-quarter to $206 million, led by Core Scientific, TeraWulf, and Bitdeer.
1. CME and Kalshi executives publicly clash over prediction market regulation, debating market manipulation and regulatory standards;
2. CZ: Supports promoting asset tokenization across all blockchains, which can help countries attract foreign direct investment;
3. Anthropic's IPO is expected to match or exceed SpaceX in scale, with a public filing anticipated as early as the end of this month;
4. South Korean Finance Minister: Trading volume in single-stock leveraged ETFs has shrunk to one-tenth of its original level;
5. Both banned from trading for 5 years, CFTC officially closes enforcement cases against FTX's two co-founders;
6. Cumulative losses of $3.28 million: a certain address failed all 8 short positions on BTC and ETH over two days;
7. Multicoin Capital co-founder suggests launching Pre-IPO perpetual futures to allow ordinary American investors to participate in the AI industry;
8. Attracting $12 billion in inflows over the past two months, U.S. memory chip ETF DRAM has seen capital inflows for 8 consecutive weeks.
Odaily News According to on-chain analyst Ai Yi's monitoring, a certain entity has purchased 3,385.82 ETH again. Since yesterday, this entity has accumulated 16,699.32 ETH through Cowswap, with a total value exceeding $35.84 million. The average cost is $2,146.42, and it is currently profiting $3.335 million. The funds originated from a mixer.
Odaily reported that according to Lookonchain monitoring, SharpLink Gaming (@Sharplink) staked another 39,300 ETH, worth $91 million, 4 hours ago.
Odaily News, According to on-chain analyst Ai Yi's monitoring, a whale who built a $20 million ETH position on July 21 has completed liquidation 10 hours ago, depositing 10,500.4 ETH into Binance in two batches. The address held the position for one month, with an average withdrawal price of $1,902.6 and an average deposit price of $2,251.78, achieving a return rate of 18.35% and a profit of $3.66 million.
Odaily News: The BSC ecosystem Meme coin sector is experiencing a rebound. "Bull Market Arrives" market cap briefly touched $70 million, now pulling back to $56.4 million, up 30.3% in 24 hours; "Binance Life" has a market cap of $470 million, up 11% in 24 hours; "Lobster" market cap is approximately $24 million, up 13.1% in 24 hours; "I'm Here, Damn It" market cap has recovered to $10 million, up 6% in 24 hours; "CETS" market cap is approximately $14 million, up 37.4% in 24 hours.
Odaily Planet Daily News 21Shares stated that selling pressure in the Bitcoin market may be nearing exhaustion. Data shows that the Bitcoin Seller Exhaustion Constant currently stands at approximately 0.007, placing it within the lowest 0.3% of all readings since 2010.
21Shares noted that this marks the 11th time such a low reading has occurred in Bitcoin's history; following the 10 previous instances, Bitcoin's performance one year later consistently exceeded levels at the time, with a median gain of 155%. However, 21Shares emphasized that this indicator does not confirm that Bitcoin has bottomed out. Historical data indicates that after a seller exhaustion signal emerges, Bitcoin may still continue to decline in the short term before a trend reversal is completed.


