According to Odaily Planet Daily, Bitcoin's implied volatility fell back to the long-term support level of 36% on the 30th, with the price maintaining a narrow range below $65,000. Adam Haeems, Head of Asset Management at Tesseract Group, cautioned that a low-volatility environment lowers transaction costs, prompting traders to build large directional bets and hedging positions; once the price breaks through key price levels, market makers' passive hedging behavior amplifies market volatility, driving a mean-reverting rebound in volatility. Regarding market sentiment, Paul Howard, Senior Director at Wincent, stated that demand for put options has cooled significantly, but call options also lack buying interest. Glassnode summarized this situation as "no money is being paid for either an upward or downward move," believing this phenomenon often indicates the market is nearing a cyclical bottom. The divergence between Dogecoin and Bitcoin's price movements also reflects the continued low speculative sentiment. Howard believes that positive regulatory progress, such as the Clarity Act, which drives inflows into institutional ETFs, could be a significant catalyst for the next round of market activity; while the failure of the Strait of Hormuz negotiations and higher-than-expected inflation are the main downside risks. (CoinDesk)

According to market sources, Alphabet (GOOG.O), Google's parent company, has launched a 10-part US dollar investment-grade bond issuance.

Odaily Planet Daily reports that Hong Kong police have updated information regarding the "Fun Coffee" cryptocurrency scam, disclosing that as of August 5th, they had received 255 related reports, an increase of 30 from the earlier report. The total losses involved have risen to approximately HK$104 million. In addition, Macau police arrested two women involved in nine cases totaling approximately MOP 3.6 million. Regarding the fact that a TVB artist had hosted events related to the Fun Coffee scam, Hong Kong police stated that they will contact victims and related individuals during the investigation to identify the mastermind and their roles in the scam. (Hong Kong 01)

Odaily Planet Daily reported on August 6th that Unitree Robotics disclosed its strategic placement list, which included Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd. and Shanghai Qishan Investment Co., Ltd. (a subsidiary of Tencent), as "large enterprises or their subsidiaries that have strategic cooperative relationships or long-term cooperation visions with the issuer's business operations." Other strategic placement investors in this list include China National Petroleum Corporation Kunlun Capital Co., Ltd., China Southern Power Grid Industry and Finance Holding Group Co., Ltd., and China Telecom Capital Holdings Co., Ltd. (Jinshi)

According to Odaily Planet Daily, the July stock market correction in South Korea was not due to a deterioration in the semiconductor industry, but rather profit-taking following the rapid rise in memory stocks. As of now, Samsung Electronics and SK Hynix have seen their share prices rise by approximately 263% and 528% respectively over the past year, and their combined market capitalization in the Korea Composite Stock Price Index has increased from 35% to 53%, leading to increased market volatility. South Korean financial giant Mirae Asset stated that as investment in AI infrastructure expands, semiconductor investment opportunities are spreading from the single memory sector to the entire AI supply chain. With the AI semiconductor cycle continuing to develop, investors should not limit their investments to memory chips, but should expand to the entire industry chain, including chip design, wafer foundry, and equipment. Furthermore, as the AI investment cycle gradually expands from the chip supply side to cloud computing and applications, an investment strategy covering the entire industry chain can help reduce the risk of volatility in a single segment. (NATE)