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Asian stocks diverged from Wall Street's tech-led rally as persistent volatility in South Korean equities underscored lingering concerns over the artificial intelligence trade, while the yen slipped after its intervention-led gains, Bloomberg reported. MSCI's Asia Pacific gauge dropped 0.7%, heading for a second day of declines after surging 5% on Friday, with a regional semiconductor gauge down 1% and Korea's Kospi off 1.1% after earlier gaining 2.1%. The yen fell 0.3% to 157.64 per dollar following four days of gains built on last week's coordinated US-Japan action.Wall Street sentiment stayed firmer, with Nasdaq 100 futures up 0.4%; Palantir surged 14% after hours on raised forecasts, while Amazon slipped 1.6% post-market after Chair Jeff Bezos disclosed share-sale plans, a day after the company reached a $3 trillion valuation, according to Bloomberg. U.S. President Donald Trump said his latest offer of talks was Tehran's "last chance" and that he expects a full reopening of the Strait of Hormuz; WTI rose 0.8% to about $81 a barrel after sliding over 5% on Monday. The 10-year Treasury yield climbed two basis points to 4.69%, while Japanese bond yields surged after a weak 10-year auction. Global X's Billy Leung said investors are waiting for data rather than rhetoric, with Friday's US payrolls the next real test. SpaceX reports its first earnings as a public company Tuesday.

Bitcoin recovered to near $64,100 in Asian morning hours Tuesday — up approximately 2% over 24 hours and 1% on the week — after finding a session low near $62,250 before a steady bid carried it through the overnight session. The recovery arrived without any resolution to the Coldcard situation: a fourth wave of sweeps against addresses generated by the affected firmware ran through Monday, draining approximately 449 Bitcoin from 709 addresses on the revised count, with Galaxy Research not yet confirming whether the same operator is behind the fourth wave. Strategy simultaneously disclosed its third Bitcoin sale of 2026 — 1,638 BTC at an average of $63,957 between July 27 and August 2 — with proceeds going to preferred dividends and STRC buybacks rather than back into Bitcoin, extending its accumulation pause to more than five weeks. Michael Saylor said the moves lifted the dollar reserve to $4 billion and extended its duration by 57 days. That Bitcoin is trading at $64,100 despite both headlines — recovering from $62,250 to $64,100 without Coldcard resolution and with Strategy confirmed as a net seller — is the week's most significant market structure signal.The $62,250 Low — How Close the 200-Week SMA Test CameBitcoin's session low near $62,250 — the lowest print since the June 30 low at $57,750 — came within $623 of the 200-week SMA at $62,873 before the recovery began. Every prior structural test of the 200-week SMA since June has held, but Monday's $62,250 low is the closest Bitcoin has approached from above since the June 30 bottom. The pattern of $62,250 low followed by a steady bid to $64,100 — a $1,850 recovery from the session low — confirms that the structural demand below $63,000 remains intact and is responding to price proximity to the SMA rather than waiting for it to be tested directly.The $63,000 level has now been reclaimed and lost twice in three days, creating the specific technical setup that the article identifies as the key watch level: a third failure to hold $63,000 through the US session would suggest fewer buyers are stepping in below $62,500 each time — indicating that the structural bid is absorbing progressively less selling pressure at each test, which would be a deteriorating rather than stable floor dynamic.Altcoin Performance — Every Major Green Except Ether on the WeekThe weekly performance picture is the most broadly positive of the recovery period outside of DeFi-led sessions. XRP +2% on the week at $1.08, BNB leading the majors at nearly +5% to $591, Solana +1% to nearly $74, Tron +1%, DOGE +1%, HYPE bouncing 4% to $54 after last week's slide. The sole exception is Ether — marginally up on the day but still down 1% over seven days — which is the most analytically unexpected reversal given July's consistent ETH outperformance narrative, the ETH ETF inflows, and Bitmine's ongoing weekly accumulation of 10,000+ ETH.ETH's underperformance on the week despite its structural bullish signals confirms that the BlackRock BUIDL tokenized Treasury fund on Uniswap catalyst has been partially absorbed by the market, with UNI capturing the primary benefit of that narrative through OI growth to 75.8 million tokens while ETH itself lags. The altcoin volume rotation that now constitutes 60% of Binance volume is distributing activity across multiple altcoins rather than concentrating in ETH — consistent with investor boredom generating speculative breadth rather than focused Ether accumulation.Strategy's Third 2026 Bitcoin Sale — The Saylor Reserve FramingStrategy's third Bitcoin sale of 2026 — 1,638 BTC between July 27 and August 2 at $63,957 average — with Michael Saylor framing the proceeds as lifting the dollar reserve to $4 billion and extending its duration by 57 days is the company's most explicit attempt to reframe Bitcoin sales as treasury management rather than capitulation. The "duration extension" language is borrowed from bond portfolio management — extending duration in fixed income means accepting more interest rate risk in exchange for higher yield over a longer period. Applied to Strategy's USD reserve, extending duration by 57 days means the $4 billion cash reserve can service preferred obligations and debt for 57 more days without requiring additional asset sales.The framing is honest about the mechanical reality — selling Bitcoin to build a USD cushion that extends the company's runway — but does not resolve the fundamental tension: Strategy is selling Bitcoin at $63,957, which is 15.2% below its $75,419 average acquisition cost, to fund a 12% STRC preferred dividend yield. The company is paying a 12% annual yield on preferred stock using proceeds from selling Bitcoin at a 15.2% discount to cost. The math works only if Bitcoin appreciates above $75,419 before the accumulated preferred dividend obligations exhaust the dollar reserve — the precise recovery timing bet that the entire Strategy enterprise depends on.The Fourth Coldcard Wave — 449 BTC, 709 Addresses, Operator UnconfirmedThe fourth wave's 449 BTC drained from 709 addresses — averaging 0.63 BTC per victim — represents an uptick from wave three's 0.1 BTC average per victim, suggesting either a different operator targeting a different segment of the vulnerable key space or the original operator returning to addresses that were missed in prior sweeps. Galaxy Research's inability to confirm whether the same operator is behind the fourth wave is the most operationally significant uncertainty of the ongoing exploit — if a second independent actor has reproduced the March 2021 firmware's predictable key generation algorithm, the bounded key space that the market had been expecting to limit total losses may be larger than the first actor's enumeration suggested.The market's decision to recover from $62,250 to $64,100 without Coldcard resolution — treating the fourth wave as additional information rather than a new shock — confirms that the exploit's incremental damage is being priced continuously rather than discretely. Each new wave is being absorbed into the existing self-custody confidence damage rather than generating a fresh wave of panic selling. The 39,600 BTC in sub-1 BTC transfers that hit FTX-era highs on Friday likely captured the bulk of the behavioral response, with subsequent waves producing diminishing additional selling pressure from affected users.Equities — Palantir +14%, Amazon −1.6%, Asian Equities MixedPalantir's 14% after-hours surge on raised guidance is the AI software demand confirmation that complements Amazon's AWS 37% cloud growth beat — together they establish that the AI trade has both infrastructure winners and software winners, not just the semiconductor supply chain story that the Kospi's 40% crash was pricing. Palantir's raised guidance specifically suggests that enterprise AI software deployment — the phase after infrastructure buildout — is accelerating at a rate that justifies premium multiples for AI software platforms.Amazon's 1.6% post-market decline after Jeff Bezos disclosed a share sale is a founder-liquidity event rather than a fundamental signal — Bezos selling shares into Amazon's 15% earnings gap-up is rational wealth management by an executive whose net worth is heavily concentrated in Amazon stock. It is not a read on Amazon's business trajectory, which the 37% AWS growth rate confirmed.The MSCI Asia Pacific gauge falling 0.7% — its second straight decline — with the Kospi dropping 1.1% after being up 2.1% earlier and a regional semiconductor index down 1% reflects the AI trade jitters that persist despite Amazon's beat. The intraday Kospi reversal from +2.1% to -1.1% is a 3.2 percentage point swing within a single session — reflecting the extreme volatility that a market down 40% from its peak and undergoing emergency stabilization measures produces. Bitcoin at $64,100 while the Kospi reverses 3.2 percentage points intraday is the relative stability signal that has characterized Bitcoin's behavior throughout the chip selloff period.The Key Watch Level — $63,000 and the Third Failure TestThe article's specific watch level — whether Bitcoin can hold above $63,000 through the US session — creates the binary for Tuesday's trading. $63,000 reclaimed and lost twice in three days means the level has been tested as support four times in total and held twice, lost twice. A third failure to hold $63,000 after the current recovery would establish a pattern of declining buyer response at each test — the same exhaustion dynamic that ARP Digital's Fakhro identified but applied to the specific $63,000 level rather than the overall market.The setup heading into Tuesday's US session: Bitcoin at $64,100 with $63,000 as the critical hold level, JOLTs job openings data due, Palantir's earnings beat providing a risk-on tailwind, Amazon's post-market Bezos sale providing a mild headwind, the Kospi's instability continuing, and the Coldcard fourth wave's operator uncertain. The Goldilocks NFP on Friday remains the week's defining catalyst, but Tuesday's ability to hold $63,000 through the US session is the immediate technical test that determines whether the Monday recovery is the beginning of a sustained move back toward $65,000 or a dead-cat bounce within a range that is progressively losing buyer support.

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Confirmed losses from the Coldcard wallet incident have exceeded $100 million, with 1,596 Bitcoin stolen from about 7,300 addresses across three separate major attack waves and 14 smaller incidents, according to a new update from Galaxy Research reported by Cointelegraph. On Monday, Galaxy Digital's research arm said 73 victims had contacted its researchers, with victim reports confirming the first three major attacks and helping investigators identify smaller "footprints" that could represent opportunistic attackers exploiting the vulnerability.Galaxy Research also flagged a suspected fourth wave that could lift total losses to 2,055 BTC, worth about $130 million, though it excluded that event from its confirmed estimate pending victim confirmation, saying with "medium-high" confidence that the wave largely represented attacker activity, Cointelegraph reported. About 90% of the stolen Bitcoin remains unmoved, including funds tied to the first three confirmed incidents, and attacker and victim addresses have been shared with US federal law enforcement, crypto exchanges and cyber-investigation firms. The findings raise Galaxy's earlier estimate of 1,367 BTC across 4,585 addresses published Saturday. Galaxy warned that attacks were ongoing and urged uncertain Coldcard users to migrate their funds to a safe address immediately.

Mastercard said it has completed its acquisition of stablecoin infrastructure company BVNK to expand its global stablecoin service capabilities. According to PANews, Mastercard Chief Product Officer said that in a multi-currency world where fiat, stablecoins and tokenized deposits coexist, next-generation payments will be determined by the efficiency of connections across payment rails. He said BVNK's onchain infrastructure and stablecoin-native technology will help financial institutions, fintech firms and companies expand stablecoin use cases in cross-border B2B payments, remittances, settlement and treasury flows. In March, reports said Mastercard planned to acquire BVNK for up to $1.8 billion.

According to CNBC, several stocks made notable moves after the bell. Palantir Technologies rose 10% after second-quarter results beat expectations, powered by a nearly 150% surge in U.S. commercial revenue. On Semiconductor gained 5% after its second-quarter results topped analyst estimates, posting adjusted earnings of 74 cents per share on revenue of $1.6 billion, versus the 71 cents per share on revenue of $1.59 billion expected by analysts polled by LSEG; the company also reported better-than-expected margins. Snap climbed 11% after releasing second-quarter results, reporting a loss of 10 cents per share and revenue of $1.6 billion that beat an estimate of $1.54 billion, while global daily active users and average revenue per user also exceeded expectations. Whirlpool fell 3% after posting a wider-than-expected second-quarter loss, with an adjusted loss of 21 cents per share against the 5 cents per share loss analysts had expected and revenue of $3.52 billion below expectations; the appliance maker also lowered its full-year earnings guidance.

Boltz said it is disabling its non-custodial Bitcoin swap service until further notice after a rise in AI-assisted hacking attempts over the last few months. In a post to X on Monday, the service said it had seen a steady increase in “automated AI-assisted probing” of its infrastructure this year. According to Cointelegraph, Boltz said it had dealt with several exploits over the past months, and although each was contained, attackers were now iterating faster than its team could find and patch vulnerabilities. The company said it could not responsibly re-enable Boltz swaps while it was being actively targeted by what appeared to be multiple resourceful groups and while it raced to deploy fixes. Boltz added that in the past few days alone it saw a drastic acceleration of attacks and did not believe the imbalance would reverse. The pause highlights the challenges smaller development teams face as attackers discover vulnerabilities and adapt exploits faster than defenders can respond.Boltz said no user funds have ever been at risk because all swaps are non-custodial and use advanced cryptography, meaning users retain full control of their assets throughout the process. The service lets users perform trustless atomic swaps, moving Bitcoin and Bitcoin-denominated assets between the mainnet and layers such as Lightning Network and Liquid Network. DefiLlama shows total value locked on Boltz at the time of writing is $180,860. Boltz said its API will remain available to process refunds and its support team will stay reachable. The company also said the situation reflects a major paradigm shift for Bitcoin services operating on an open source stack and added that swap services should not be expected to resume shortly. Separately, Solana Foundation’s new chief information security officer, Michael Coates, told Cointelegraph in July that the industry needs automated defenses in the age of AI, saying humans cannot scale to meet these threats and that autonomous defense operating at machine speed is the only path forward. PayPerQ, a pay-per-prompt AI service that takes payment in Bitcoin and other cryptocurrencies, also said it has faced a surge in exploits it believes may be AI-powered.

SpaceX (SPCX) will release its second-quarter 2026 earnings after the U.S. stock market closes on Tuesday, according to TheStreet. According to PANews, this is the company's first quarterly results disclosure since it completed its listing in June, and the market will use the report to assess the performance of its rocket launches, satellite internet, and AI businesses.
Cantor Fitzgerald analyst Colin Canfield previously said the first quarterly report may face an "extreme expectation bias," meaning actual results could differ widely from market forecasts.

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Oil erased earlier gains after Qatar said draft language on a possible US-Iran deal has begun circulating, while stressing that no direct talks between the two sides are currently planned, according to Bloomberg.

South Korean retail shareholder platform ACT on Tuesday said it has launched a campaign to call an extraordinary shareholders' meeting at Samsung Electronics, urging the chipmaker to buy back about US$32 billion worth of shares and set limits on performance bonuses, according to RTHK.
ACT said it will begin collecting electronic signatures from shareholders at 5pm local time and seek support from the National Pension Service and domestic and overseas asset managers to meet the 3 percent ownership threshold needed to call the meeting.
The proposed meeting could consider a 45.5 trillion won share buyback programme. A second proposal would seek to require shareholder approval for an upper limit on performance bonuses tied to company operating profit. Samsung agreed in May to assign 10.5 percent of operating profit for special bonuses for chip-division employees as part of a wage deal that averted a major strike.

Unibase (UB), Cardano (ADA) and Algorand (ALGO) posted the best seven-day gains among top altcoins in early August 2026, with UB up 61%, ADA 24% and ALGO 13%. According to BeInCrypto, daily charts show each rally now facing a key resistance test in the first week of August. UB trades at $0.1943, ADA at $0.1945 and ALGO at $0.0904, while RSI readings and volume trends suggest mixed momentum across the three tokens.

Bitcoin was little changed over the past 24 hours after Washington and Tokyo intervened together to support the yen, a rare move that revived concerns about cheap Japanese funding behind leveraged bets across global markets. According to CoinDesk, Japan and the U.S. confirmed they bought yen on Friday after the currency weakened to 163.73 per dollar; Bank of Japan data suggest Tokyo may have spent as much as $36.6 billion, while the U.S. contribution has not been disclosed.

According to Jin10, Moody's upgraded SK Hynix's credit rating into the A category for the first time, citing stronger competitiveness in the AI memory market and improved profitability and cash generation.

According to CNBC, West Texas Intermediate futures rose 1.29% to $81.38 per barrel at 1:35 a.m. ET on Tuesday, while Brent crude gained 1.73% to $85.23 a barrel as uncertainty persisted over diplomatic efforts between the U.S. and Iran. President Donald Trump said the latest negotiations were the “last chance” to end the five-month conflict and said talks were underway at the request of Iran, Saudi Arabia, the United Arab Emirates, Qatar and others, while Tehran denied any direct negotiations with the U.S. Iran’s President Masoud Pezeshkian said Tehran would defend its borders but did not seek to widen the conflict, and foreign ministry spokesperson Esmail Baghaei said there was no immediate plan for talks with Washington, saying Iran was only engaged in discussions with Oman on the Strait of Hormuz. U.S. Central Command said it had redirected 44 commercial vessels as part of its ongoing blockade of the Strait of Hormuz, having disabled two and boarded two.

SPCX extended its rebound to $114.69 on the day, up 5.5% over the past 24 hours and 9.5% from its low. According to ChainCatcher, seven million-dollar addresses have opened SPCX long positions since yesterday, holding a combined 238,800 shares with a position value of about $27.386 million and an average entry price of about $112, leaving them with unrealized gains of about $636,000.
The largest position came from an address starting with 0xb37, which bought 147,500 SPCX through 83 trades starting early this morning. The purchases totaled about $16.958 million at a weighted average price of $114.96. The same address is now holding a roughly $16.918 million long position with 20x leverage, its only current position, and is down about $40,000, or 5.1%. Its liquidation price is $105.43, about 8.1% below the current price, close to SPCX's $105 low overnight.
Funding records show the address received 1.449 million USDC yesterday morning and began building SPCX longs about 20 hours later. Another 350,000 USDC was transferred in during the position-building period this morning, bringing recent transfers to about $1.799 million. The address first received about 1 million USDC on July 10 and started trading then. Since then, it has traded 21 assets across semiconductors, U.S. stock indices, crude oil, and cryptocurrencies, with cumulative realized profits of about $572,000.

CSOP Asset Management said three Korea tech-related leveraged and inverse products it manages will keep their existing daily target leverage ratios unchanged on the next trading day, August 5, according to Ming Pao.
The products are the CSOP SK Hynix Daily Leveraged (2x) Product (7709), CSOP Samsung Electronics Daily Leveraged (2x) Product (7747) and CSOP Samsung Electronics Daily Inverse (-2x) Product (7347).

Chinese institutional investors have been buying gold in recent weeks, helping arrest the metal’s decline and keep prices above $4,000 an ounce, according to Bloomberg.
The moves have helped gold find a floor after its slide, with the key threshold holding in recent trading.

According to Jin10, Iraq's Oil Ministry said tankers carrying Iraqi crude have passed through the Strait of Hormuz.

According to Jin10, SpaceX's first earnings report after its blockbuster IPO has become one of Wall Street's most anticipated events this summer, but investors are still waiting to see whether it will give them a reason to buy the stock, which has continued to fall.

SpaceX's first post-IPO lock-up period is set to expire on August 6, according to the Financial Times. The report said the expiration is expected to cover about 912 million shares, or twice the amount of stock currently in public circulation.
According to PANews, less than 5% of SpaceX's total shares are currently tradable, and that figure is expected to rise to about 12% after the lock-up ends. The report said lock-up expirations typically increase selling pressure and may lead to short-term volatility. Historical data cited in the report showed that share prices have fallen by an average of about 1.5% when lock-up periods expire, although the effect depends on how many investors sell and on market demand.

On August 4, Maxscend's block trade involved 1.3999 million shares for 86.324 million yuan, accounting for 7.23% of the day's total turnover, with the transaction priced at 61.66 yuan per share, or a 14.76% discount to the closing price of 72.34 yuan, according to Jiemian News.

Emerging-market stocks and currencies remained under pressure as stalled US-Iran talks pushed oil back above $86 a barrel, according to Bloomberg.
The moves reflected market concern that the impasse could keep energy prices elevated.

According to Jin10, Saudi Aramco Chief Executive Officer said the global energy supply system could face greater pressure if refineries suffer any major unplanned or prolonged outages, and that Asian countries have already been affected, with the region's crude oil imports falling by about 6 million barrels per day at the peak of the crisis.

According to Jin10, China's Ministry of Finance plans to issue 2026 book-entry discount Treasury bonds, with a total competitive bidding face value of 20 billion yuan. The bonds have a 28-day term, allow additional bidding by class A members, will be issued at a discount below face value after competitive bidding, will begin accruing interest on August 6, 2026, and will be repaid at face value on September 3, 2026, with the bidding session set for 10:35 to 11:35 on August 5, 2026.

Kimberly-Clark Corp. slightly lowered its full-year growth outlook after a warehouse fire disrupted operations in the second quarter and false allegations about diaper quality in China, according to Bloomberg.
The company said the fire and the China claims affected its business, prompting the forecast cut.

According to Jin10, Citi said European stocks are attracting capital inflows on the back of solid earnings performance as the U.S. AI boom cools and global policy risks intensify, while European bonds are also favored because policy is more predictable.

Yamaha Motor shares surged 13.40% on Tuesday after record first-half results forced the company to raise its annual guidance, with trading volume topping 30 million shares. The stock closed at 1,511 yen, according to BeInCrypto, as revenue rose 17.2% to 1.498 trillion yen and operating profit jumped 88.6% to 158.5 billion yen in January to June.

According to Jin10, Bank of Japan data showed that Japan may not have intervened in the foreign exchange market on Monday.

Copper rose to a two-month high and approached $14,000 a ton in London as traders tracked swelling volumes of the metal in the US, according to Bloomberg.
The move came as markets awaited US President Donald Trump’s decision on import tariffs.

The United States is seeking comments on expanding the scope of products covered by metal tariffs, with a proposal to impose duties on items such as welding machines and cranes. According to ChainCatcher, the suggested tariff expansion would add more industrial equipment to the existing scope of metal-related trade measures.

Oracle Corp. and Stellantis NV are among high-grade borrowers whose debt has recently traded near junk levels, putting the bond market on alert for potential fallen angels, according to Bloomberg.
The move comes as about $100 billion of debt from investment-grade companies has traded like high-yield bonds, underscoring pressure in parts of the credit market.

According to Jin10, southbound funds recorded a net buying of 2.57 billion yuan today, with Alibaba-W and Hua Hong Semiconductor ranking among the top net purchases via Shanghai-Hong Kong Stock Connect at HK$1.136 billion and HK$338 million, respectively, while Meituan-W saw the largest net selling at HK$1.065 billion. Via Shenzhen-Hong Kong Stock Connect, SMIC and Hua Hong Semiconductor led net buying at HK$1.304 billion and HK$845 million, respectively, while Meituan-W again ranked first in net selling at HK$162 million.

BP Plc has received approaches for its North Sea business just days after launching the sale process, Chief Executive Officer Murray Auchincloss said, according to Bloomberg.
The comments indicate early interest in an asset that BP is seeking to divest as part of its portfolio review.

Trump Media & Technology Group has launched Truth API, a paid data feed that gives Wall Street firms and institutional investors real-time access to posts from the “highest-ranking Truth Social accounts” in milliseconds, according to BBC. The company says the service, due to be available to institutional customers on 1 August, could become a new revenue stream for its loss-making business.
The move has prompted legal and ethical questions because Donald Trump owns about 41% of Trump Media through a trust overseen by his children, and his posts could be among the most influential on the platform. Democratic senators Elizabeth Warren and Adam Schiff have asked the Securities and Exchange Commission to investigate whether the service breaks the law, while the SEC has confirmed receipt of their letter and declined to say whether it will act. BBC reported that critics have raised the risk of insider trading, which involves using non-public information to make market bets.

Capital One said in a court filing that it closed Trump-related accounts in 2021 because of anti-money laundering reviews and banking regulatory requirements, not political reasons, and asked the court to dismiss the lawsuit. According to Odaily, the case was filed by a Trump-owned financial holding company shortly after his second inauguration, after it accused Capital One of illegally closing the accounts for political reasons following the Capitol riot.
Trump’s legal team said Capital One and other large banks had debanked Trump, his family and his businesses for obvious political reasons and said it would continue pursuing the case. Capital One said the decision came after months of analysis by its anti-money laundering team under internal policies and regulatory guidance.
The bank said it did not publicly disclose the account termination decision or internal review process and gave Trump-related businesses several months to find new banking services. Trump previously had more than 300 accounts at the bank tied to golf courses, wineries and other Trump-branded businesses, and he had maintained a banking relationship with Capital One for more than a decade. Trump has also sued JPMorgan Chase over claims that it stopped providing banking services after he left office. Both banks have denied cutting ties with Trump, his family and related businesses for political reasons.

Stephen Schork of The Schork Group said refiners have virtually no ability to add capacity, boost gasoline and diesel output, and lower costs for consumers.
Bloomberg reported Trump scolded ExxonMobil Holdings Corp. and Chevron Corp. on Monday for making too much money as oil prices surged amid the war in Iran.