Bitcoin traded near $65,229 after gaining 1.11% over the previous 24 hours, while the total cryptocurrency market capitalization rose 1.24% to $2.23 trillion. Ethereum posted a larger daily move, climbing 3.29% to around $1,944 and bringing its weekly gain to 3.75%.

Other major tokens also moved higher or held key levels. XRP traded near $1.10, Solana advanced to $76.34, and BNB remained above $572. Bitcoin briefly moved above $65,000 and held a 0.82% weekly gain.

The Fear & Greed Index climbed to 39, remaining in “fear” territory while improving from prior readings. The Altcoin Season Index was unchanged at 53. The broader rebound followed reports that the U.S. and Iran had suspended mutual strikes, a development closely watched by risk-asset traders because geopolitical stress can affect liquidity conditions and demand for defensive positioning. The NFT sector rose 3% over the same period.

Trending Searches

Lorenzo Protocol was roughly unchanged, moving 0.4% over the day, while Geodnet rose 37.1%. BitMart’s token dropped 51.5% as the exchange’s planned shutdown drew search interest.

The search activity showed a wide spread between unrelated token moves and the impact of a major exchange wind-down. BitMart’s situation dominated attention even as other assets, including Geodnet, posted separate gains.

BitMart to Wind Down After Nine Years

BitMart announced that it will wind down its trading platform after roughly nine years in operation. The exchange cited operating conditions, the market environment, and strategic direction, but did not identify a single primary cause for the decision.

The exchange’s BMX token fell as much as 58% after the announcement. On-chain data showed that BitMart’s public asset reserves had already declined sharply in the two weeks before the announcement, falling from about $12 million to roughly $2.3 million.

The remaining public holdings were spread across Ethereum, Solana, BSC, Starknet, and Bitcoin. Withdrawals remain technically open, although only 58 wallets withdrew a combined $805,000 over a 24-hour period. No withdrawal requests were processed during the most recent eight-hour window cited in the report. For users and counterparties, the key operational issue is whether withdrawals continue to be processed during the wind-down and whether the exchange provides further details on timelines, supported assets, and claims handling.

Primary-source X link referenced by the source: https://x.com/BitMartExchange/status/2081197305491845201?s=20

ChangXin Technology STAR Market Debut Sets Records

ChangXin Technology’s listing on Shanghai’s STAR Market surged more than 419% from its IPO price. The stock reached a market capitalization of roughly 3.18 trillion yuan and set a new single-day turnover record of 90.1 billion yuan.

That turnover figure surpassed the previous record set by East Money in 2024. The debut added to a strong showing for memory-chip listings on China’s A-share market, where semiconductor companies remain central to domestic technology financing and supply-chain policy.

Fellow memory chipmaker CXMT also listed, opening with a market capitalization near 3.31 trillion yuan. CXMT became the first A-share technology stock to open above that threshold and ranked as the largest company on the STAR Market by valuation.

Nvidia Reportedly Discusses OpenAI Data Center Backing

Nvidia is reportedly negotiating a financial guarantee of roughly $250 billion to support OpenAI’s planned 10-gigawatt data center project in southern Ohio. The project is being developed with SoftBank.

The total cost of the project, including chip deployment, could exceed $500 billion. If completed at that scale, it could become the largest data center project announced to date. The report also said U.S. and Japanese government involvement would be part of decisions related to power allocation, underscoring how large AI infrastructure projects now depend not only on chips and financing but also on access to electricity and grid planning.

Primary-source X link referenced by the source: https://x.com/CNBC/status/2081556809899253882?s=20

Bitcoin and Ethereum ETFs Extend Weekly Inflow Streaks

Bitcoin spot ETFs recorded $33.79 million in net inflows last week, marking a third consecutive week of positive flows. Grayscale’s Bitcoin Mini Trust led the category with $85.78 million in inflows.

Ethereum spot ETFs added $104 million during the same period, also extending a three-week inflow streak. BlackRock’s ETHA accounted for $96.3 million of the weekly Ethereum ETF inflows.

Other crypto ETF products recorded smaller moves. XRP ETFs posted $8.15 million in weekly inflows, while Solana ETFs added $7.2 million. HYPE spot ETFs recorded an $8.6 million outflow over the same period. ETF flows are closely monitored because they show activity through regulated investment products, separate from direct trading on crypto exchanges.

Primary-source X links referenced by the source: https://x.com/CryptosR_Us/status/2081067711220601288?s=20 and https://x.com/btcliveco/status/2081514416244187299?s=20

Security Incidents Increase Reported Losses

Losses from the Triple-A stablecoin infrastructure hack expanded to $11.8 million, up from an initial estimate of $9.3 million.

Korean gaming platform WEMIX confirmed that its contract ownership had been compromised. Attackers minted more than 5.2 million unauthorized WEMIX tokens before bridging proceeds to Ethereum and BSC.

Cross-chain bridge Garden also disclosed an HTLC exploit involving roughly $450,000 in stolen USDT across multiple chains. Garden temporarily shut down its application after the incident. The incidents highlight recurring security pressure points in token administration, bridge infrastructure, and cross-chain settlement systems.

Primary-source X link referenced by the source: https://x.com/NewsTongueX/status/2081511308466294999?s=20

Regulatory Developments

South Korea’s customs service reported detecting roughly $4.92 billion in illegal foreign exchange transactions in the first half of the year. The cases included export firms that collected payments in cryptocurrency to avoid repatriating earnings.

Separately, the U.S. Commodity Futures Trading Commission issued new guidance to Kalshi, Coinbase, Polymarket, and Crypto.com. The CFTC warned the firms against relying on template-style bulk filings for event contract certifications and called for more specific compliance detail for each contract type. The guidance keeps prediction-market and event-contract operators under scrutiny as regulators assess how individual contracts are described, certified, and supervised.