Arthur Hayes：下周将公布FLOP空投分配方式。

EIGEN、HYPE、ENA本周有大额解锁。

Nvidia's second-quarter results show AI infrastructure demand remains robust, but the focus has shifted from earnings beats to Rubin's production ramp, gross margin declines, and guidance excluding China, making these key indicators for the AI semiconductor cycle.

Curated in-depth analysis articles and a quick recap of the week's hot topics.

A quieter, more purpose-driven Federal Reserve is better equipped to achieve its own objectives.

SK海力士、三星和美光的HBM定价直接影响英伟达的产品成本。HBM价格若出现任何软化，都将直接利好英伟达毛利率——同时对当前受益于高定价的内存公司形成负面影响。

This week, Nvidia will reveal how much more its earnings can grow, while Warsh may determine how much the market is willing to pay for those earnings.

U.S. Bitcoin spot ETFs have recorded net inflows for 8 consecutive days, with IBIT and FBTC absorbing billions of dollars in institutional capital. Yet BTC has repeatedly met selling pressure at the $80,000 threshold and failed to break through, drawing attention to the divergence between capital inflows and price action.

Korea's Crypto Industry Faces a Full Absence in Perpetuals, Prediction Markets, Stablecoins, and More

Meme coin AI surges nearly 10x in a week—does LONG reshape the Robinhood Chain Launchpad landscape?

Amid macroeconomic uncertainty and AI's continued siphoning of liquidity from the crypto market, RWA is emerging as the industry's strongest growth engine.

PaymentScan data shows that since March 2023, the cumulative trading volume of Crypto Card projects has exceeded $10 billion, with July 2026 alone surpassing $1 billion and over 10 million transactions. Market concentration remains relatively high, with RedotPay accounting for approximately 56% of the tracked market, followed by Ether.fi and KAST.

More than hawkish or dovish, policy credibility matters

The surface area of interesting on-chain activity remains broader than current consensus acknowledges.

Short-term debate centers on whether the $81,000–$86,000 supply zone can be absorbed

Marvell's revenue and adjusted EPS both beat expectations this quarter, with the data center business serving as the core growth driver, posting a 46% year-over-year revenue increase and rising to 79% of total revenue.