📡 Hourly Update | 13:00-14:00
1. Fundstrat says Bitcoin’s 30-day volatility has fallen to a historical low. In the past eight similar phases, the median of the absolute price change over the following 60 days was 30.2%. At the current level of around $64,000, that corresponds to a range of $44,800 to $83,200.
2. Global government bond yields have surged. The yield on 30-year U.S. Treasuries rose to 5.327%, the highest level since 2007. The market is worried about supply shocks and inflation pressure.
3. SHEIN is seeking a valuation of $26–27 billion for a Hong Kong IPO, aiming to raise about $2 billion. This is down roughly 70% from its peak valuation in 2022.
4. Algorand has completed the v5.0.0 upgrade, introducing native Falcon-1024 accounts and a resource-based fee model. This marks a key step toward quantum-resistant security.
5. The Ethereum Foundation has launched the Platåberget testnet, kicking off public testing for the Glamsterdam upgrade, with an expected fork on August 20.
6. The Moscow Exchange plans to launch Bitcoin and Ethereum perpetual futures next month.
7. Anthropic’s annualized revenue run rate has already exceeded $6.5 billion, as it prepares for an IPO.
8. India’s National Stock Exchange plans an IPO seeking a valuation of up to $55 billion, setting a new record in India’s history.
1. Fundstrat says Bitcoin’s 30-day volatility has fallen to a historical low. In the past eight similar phases, the median of the absolute price change over the following 60 days was 30.2%. At the current level of around $64,000, that corresponds to a range of $44,800 to $83,200.
2. Global government bond yields have surged. The yield on 30-year U.S. Treasuries rose to 5.327%, the highest level since 2007. The market is worried about supply shocks and inflation pressure.
3. SHEIN is seeking a valuation of $26–27 billion for a Hong Kong IPO, aiming to raise about $2 billion. This is down roughly 70% from its peak valuation in 2022.
4. Algorand has completed the v5.0.0 upgrade, introducing native Falcon-1024 accounts and a resource-based fee model. This marks a key step toward quantum-resistant security.
5. The Ethereum Foundation has launched the Platåberget testnet, kicking off public testing for the Glamsterdam upgrade, with an expected fork on August 20.
6. The Moscow Exchange plans to launch Bitcoin and Ethereum perpetual futures next month.
7. Anthropic’s annualized revenue run rate has already exceeded $6.5 billion, as it prepares for an IPO.
8. India’s National Stock Exchange plans an IPO seeking a valuation of up to $55 billion, setting a new record in India’s history.