BlockBeats message: On August 4, US President Trump said that the US-Iran talks are making rapid progress. Both sides are discussing the reopening of the Strait of Hormuz, which “may be reopened no later than tomorrow.”
Trump said the first stage of the negotiations aims to reopen the Strait of Hormuz, while the second stage will focus on Iran’s “nuclear disarmament.” He added that if anyone attempts to charge tolls in the Strait of Hormuz, “the United States will collect the fees,” emphasizing that Iran will not be allowed to charge fees in that strait.
Trump also said this is Iran’s “last chance.” At present, the talks are being held at Iran’s request, and the related results may be announced today or tomorrow.
Earlier, the situation in the Strait of Hormuz remained tense, and the market is closely watching how it could affect global energy supply and oil price trends.
Analysis: After Trump repeatedly threatened and then made concessions, Iran’s leadership believes he does not want to expand the war
BlockBeats reports that on August 4, according to CBS in the United States, Iran appears to be increasingly skeptical of Trump’s “carrot-and-stick” diplomacy. Earlier this April, Trump warned Tehran that it must agree to a ceasefire or “the entire civilization will perish,” but then he extended the deadline again. In May and June, he again adopted a similar strategy. According to an insider in Iran, this approach instead further strengthened the leadership’s judgment that Trump is not seeking to expand the conflict, but is seeking leverage in negotiations.
BlockBeats messages: On August 4, local time in the United States, the U.S. Central Command stated on August 3 that the U.S. military continues to strictly enforce the maritime blockade against Iran.
As of that day, the U.S. military had redirected 44 commercial vessels’ routes, rendering 2 vessels inoperable, and boarded and inspected 2 vessels.
Michael Saylor: I have never sold any bitcoin; Strategy’s buying and selling of BTC is corporate capital management
BlockBeats message: On August 4, Strategy founder Michael Saylor posted that his earlier proposal of the view “Never Sell Your Bitcoin” was shared with other holders as an individual investor. Saylor said he has never sold any bitcoin, “not even a single satoshi.” He emphasized that Strategy is a publicly listed company, not a personal wallet. Since 2020, it has been publicly disclosing its operations, and it may manage capital through buying or selling BTC.
BlockBeats message, August 4, citing a U.S. official via CBS (Columbia Broadcasting System) in the United States, said that although Trump previously stated that negotiations with Iran would begin on Monday afternoon (local time), there is currently no plan to hold new talks. Only ongoing meetings involving the Middle East envoy Wittekoff, Kushner, and the U.S. negotiation team with the Iran team through intermediaries.
July Ethereum ETF attracts $365 million, HYPE ETF shows net outflow
BlockBeats news: On August 4, among July crypto asset ETF fund flows, Ethereum (ETH) ETF was the biggest winner, with a monthly net inflow of $365 million. According to data, Bitcoin ETF saw net inflows of $172.43 million in July; Solana (SOL) ETF saw net inflows of $14.62 million; XRP ETF saw net inflows of $27.29 million; Chainlink (LINK) ETF saw net inflows of $4.54 million; HBAR ETF saw net inflows of $3 million; and LTC ETF saw net inflows of $30.4 thousand. By contrast, HYPE-related ETFs were the only products that recorded net outflows, with net outflows of $15.16 million in July.
Tether Gold: Investor holdings grew 9.5% in the second quarter, and demand for tokenized gold continues to heat up
BlockBeats news: On August 4, Tether released data showing that its tokenized gold product, Tether Gold (XAU₮), saw a 9.5% increase in investor holdings in the second quarter of 2026, reflecting a continued strengthening of market demand for on-chain gold assets. Data shows that despite the gold price falling by 14.1% in the second quarter, investors continued to increase their holdings of XAU₮, indicating that market demand is not driven solely by a gold uptrend. Some investors take advantage of price pullbacks to expand their exposure to physical gold. As of June 30, 2026, XAU₮ is supported 1:1 by physical gold. It holds 707,747.139 troy ounces of gold reserves, equivalent to about 22.01 tons. Its market value is approximately USD 283.7 million.
Huang Renxun: AI Infrastructure Investment Will Create Large Numbers of Six-Figure Salary Technical Jobs
BlockBeats news: On August 3, NVIDIA CEO Huang Renxun said that the wave of AI infrastructure development will not only drive the software industry forward, but will also create a large number of technical jobs with high pay that can be obtained without a college degree. During a conversation at the World Economic Forum in Davos with Larry Fink, CEO of BlackRock, Huang Renxun said that the world is currently carrying out “the largest infrastructure buildout in human history.” The large-scale construction of AI data centers, semiconductor plants, and AI factories will create abundant job opportunities. He pointed out that in the future, high-income positions will not only include software engineers and computer scientists, but will also include electricians, plumbers, structural steel workers, as well as data center construction and maintenance personnel. “You don’t need to have a PhD in computer science to earn a good income.”
Trump says Iran’s leadership is “two-faced,” and negotiations with Iran have already started
BlockBeats message: On August 3, U.S. President Donald Trump posted on social media saying that the two-faced nature of Iran’s leadership is unbelievable! They have asked for a meeting—some people even say they are “begging” for talks. Negotiations have already begun, and more meetings are scheduled in the coming days. But at the same time, they publicly and proudly claim that they held no discussions, discussed nothing, and only reached out to the “Oman” side. Then they issued their usual talking points again, claiming that the Strait of Hormuz will be firmly controlled by them. However, in fact, that strait is currently fully under the control of the U.S. Navy and our “blockade operations,” or as some people put it—“America’s steel wall!”
BlockBeats message, August 3, according to Onchain Lens data, Hyperliquid has burned approximately $760,210 worth of HYPE tokens within the past 24 hours.
Data shows that in the latest reporting period, about $772,000 in revenue generated by Hyperliquid was allocated to the Assistance Fund (relief fund) and HYPE holders.
As of now, Hyperliquid has cumulatively burned 46.19 million HYPE tokens; based on the current value, this is approximately $2.5 billion, accounting for 4.62% of the maximum HYPE supply of 1 billion tokens.
After 5 years of POAP operations, it will stop services; it had minted millions of digital collectibles in total
BlockBeats news: On August 3, POAP founder Isabel announced that after more than 5 years of operation, the POAP project will gradually come to an end. Isabel says that in the past few years, POAP has been minted millions of digital collectibles across hundreds of communities, and has collaborated with global institutions such as Coinbase, Amex, Warner Music Group (WMG), and Bayer, among others. In addition, POAP has carried out large-scale applications during Devcon events, minting more than 8,000 collectibles in a single week, and launching the Airport Rally campaign, allowing collectors worldwide to obtain POAP at airports.
Altcoin trading volume share on the Binance platform rises to 60%, with BTC falling to 22%
According to a BlockBeats report, on August 3, spot trading volume for Bitcoin on Binance and other mainstream exchanges has fallen to a low level, close to the stage when the 2023 bear market ended, suggesting a decline in market attention to BTC. Data shows that during May, Bitcoin dominated trading volume on Binance, accounting for nearly 40%, while Ethereum and altcoins accounted for relatively less. Now, the market’s trading structure has changed: altcoins’ share of trading volume has risen to over 60%, Bitcoin’s share has fallen to 22%, and Ethereum’s share is around 18%. Darkfost indicates that Bitcoin’s price has seen limited fluctuations for weeks, and the market is entering a “boring phase.” Some investors have started shifting toward altcoins in an attempt to seize trading opportunities in the current low-volatility environment.
Glassnode: BTC falls to around $62,600; spot demand is weak, but long-term holders remain resilient
BlockBeats report, on August 3, Glassnode released a report (BTC Market Pulse: Week 32) stating that Bitcoin has recently declined to around $62,600. Spot demand is weak and defensive sentiment in the derivatives market is rising, but increased on-chain activity, long-term holder confidence, and ETF inflows still provide support to the market. The report indicates that Bitcoin’s rebound after failing to maintain a breakout above $66,000 earlier has not held, and the price has now fallen back from the $65,000 area. The current price action reflects weakening spot momentum; persistent net sell pressure and lower trading activity keep the market in a consolidation phase lacking clear breakout impetus.
U.S. manufacturing expansion pace hits a four-year high, but the bond market falls into a “credibility blind spot”
BlockBeats message: On August 3, data from the Institute for Supply Management (ISM) showed that the U.S. manufacturing PMI rose to 55.6 in July, the highest since May 2022, and it has remained in the expansion zone for the seventh consecutive month. The data shows that the U.S. manufacturing production index rose to 58.5 in July, the highest level since the end of 2021. New orders continued to grow strongly, and manufacturing employment also rebounded for the first time since last September, indicating that businesses’ confidence in the future economic outlook has strengthened. However, behind the manufacturing rebound, inflation pressure and risks in the bond market are still heating up. The situation in the Middle East repeatedly pushed up crude oil prices, putting pressure on supply chains and raw material costs. Although the July manufacturing price index fell to 71.1, the lowest in five months, it remains at a relatively high level.
South Korea’s increased leveraged ETF margin threshold takes effect: trading value of single-stock leveraged products falls to one-tenth of the peak
BlockBeats message: On August 3, after South Korea raised the margin requirements for investors in single-stock leveraged ETFs, the trading activity of related products declined markedly. Trading value has fallen to about one-tenth of the previous peak level. According to data from the Korea Exchange, among the 16 single-stock leveraged and inverse ETFs in the South Korean KOSPI market that are related to Samsung Electronics and SK Hynix, the total trading value over the two trading days following the implementation of the new measures was 1.2388 trillion won. This represents a decline of 58.6% compared with 2.9907 trillion won on the day the measures were implemented on July 31. Previously, South Korean regulators raised the minimum cash margin requirement for investors in single-stock leveraged ETFs from 10 million won to 30 million won. Compared with the trading value on the last trading day before the measures took effect (July 30), which was 12.4485 trillion won, the current trading scale for the related products has fallen to about one-tenth.
Global memory ETF adds CXMT; China’s DRAM leader draws international capital attention
BlockBeats message: On August 3, the world’s first pure-memory-themed ETF—Roundhill Memory ETF (DRAM)—completed its latest rebalancing. Chinese DRAM maker CXMT was added to the top ten holdings, with a weight of 2.52%, ranking as the eighth-largest holding. Data show that, in the same period, the ETF reduced its stake in A-share storage company GigaDevice. Its weight fell from 2.91% to 1.51%, and its rank dropped to tenth place. CXMT has become the highest-weight China storage-related holding within this ETF. Market participants said that CXMT’s inclusion in a global memory-themed ETF indicates that international capital is beginning to pay further attention to the development of China’s DRAM industry. Currently, CXMT already appears in the same investment portfolio alongside global storage manufacturers such as Samsung Electronics, Micron Technology, and SK hynix.
After lying dormant for 13 years, an ancient Bitcoin miner moved 500 BTC; the current value exceeds $31 million
BlockBeats message: On August 3, according to monitoring by EmberCN, an ancient Bitcoin miner address transferred 500 long-dormant BTC to another wallet about half an hour ago. The value is approximately $31.27 million. Data shows that after these 500 BTC were consolidated from mining addresses in 2013, they have not moved for more than 13 years. At that time, the price of Bitcoin was about $1,020, and the value of the 500 BTC was about $510,000. It is understood that $1,020 was one of the Bitcoin price peaks around the early years of 2013. The BTC price did not return above $1,000 until 2017, meaning this address went through an “underwater/locked-in” period of about three to four years. Currently, this batch of BTC is worth about 60 times more than it was at that time.
SpaceX’s First Earnings Report After Going Public Will Be Released; the Market Focuses on Its Three Businesses—Rockets, Starlink, and AI
BlockBeats message, August 3: After its listing, SpaceX will release its first quarterly earnings report following an IPO on Tuesday after the U.S. stock market closes. As the company completed its first post-listing performance disclosure in June, the market will focus on assessing the performance of its three major businesses: rocket launches, Starlink satellite internet, and AI infrastructure, and determine whether the current high valuation is supported by earnings. After SpaceX went public, its share price once touched a record closing high of $201.80. It was then followed by a sustained decline, and the market capitalization at one point neared $3 trillion; it has since fallen to about $1.4 trillion. According to FactSet data, the market expects SpaceX’s second-quarter revenue to be about $6.88 billion, with an earnings per share loss of 23 cents, and quarterly EBITDA of about $2.1 billion. The full-year revenue forecast is about $39.0 billion and EBITDA is about $17.3 billion.
BlockBeats message. On August 3, US President Trump posted on social media saying: “Oil companies, lower your prices.” Amid this statement, the market continues to watch the trend of energy prices and their impact on the level of US inflation.
U.S. July PMI Data Remains Stable, But the Report Hides Warning Signs
BlockBeats message: On August 3, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, said: “Although the PMI figures released for the U.S. in July remained steady, the survey data behind them shows some warning signs about the future growth trajectory. In July, production growth slowed markedly, which is linked to new business growth remaining weak for the third consecutive month. This reflects a reduction in inventory backlogs after the unusually strong inventory buildup for precautionary purposes in the second quarter.” In addition, supply chain delays, falling exports, and customers’ further resistance to high prices have added even more pressure. Although inflation in raw material costs has eased slightly, inflation remains elevated because energy prices and tariffs are still high.
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