According to Odaily Planet Daily, blockchain data analytics platform Glassnode published an article on its X platform stating that over the past 90 days, the S&P 500 has risen 5%, while Bitcoin (BTC) has fallen 20%, showing a clear divergence. The market has exhibited a similar pattern over the past 7 days, with equity assets outperforming crypto assets. Until Bitcoin regains its strength relative to major stock indices, the current market environment remains an "equity-led tape," with funds favoring traditional risk assets over crypto assets. Furthermore, Glassnode noted that the Nasdaq's recent underperformance compared to other major stock indices indicates that the current environment is not favorable for portfolios heavily weighted towards technology stocks. Market risk appetite is shifting, and investors need to pay attention to the relative strength of stocks versus crypto assets.

Odaily Planet Daily reports that the Australian Transaction Reports and Analysis Centre (AUSTRAC) has suspended the registration of cryptocurrency ATM operator Cryptolink for three months, resulting in the cessation of service for its 96 cryptocurrency ATMs operating in Australia. AUSTRAC stated that Cryptolink failed to submit transaction reports and did not respond to the regulator's requests for information. The agency noted that cash-to-cryptocurrency services may pose money laundering risks and has increased its scrutiny of cryptocurrency ATMs. (CoinDesk)

According to Odaily Planet Daily, eToro released its Q2 2026 financial report, showing a significant cooling in its digital asset business at the trading level, but the company continues to advance the construction of on-chain financial infrastructure. In terms of trading data, eToro's crypto asset trading volume in July was 1.4 million transactions, a year-on-year decrease of 73%; the average investment amount per crypto asset transaction was $182, a year-on-year decrease of 50%. Q2 crypto asset-related revenue was $1.346 billion, lower than the $1.915 billion in the same period of 2025. Despite the decline in crypto business revenue, the company's overall net profit still increased by 77% year-on-year to $53.48 million. Regarding its crypto strategy, eToro completed the acquisitions of the digital asset self-custody platform Zengo and the Israeli crypto trading platform Bit2C in Q2 to strengthen its self-custody service capabilities and promote the integration of traditional finance and the on-chain economy. At the same time, the company also made a strategic investment in the on-chain perpetual contract platform Extended and became a founding partner of the OpenUSD stablecoin ecosystem alliance, further strengthening its on-chain trading and stablecoin infrastructure. As of the end of the second quarter, eToro held $49.95 million in crypto assets, down from $62.61 million at the end of 2025. (Globenewswire)

According to Onchain Lens monitoring, in the past 24 hours, Hyperliquid burned $1.07 million worth of HYPE and generated $1.45 million in transaction fees; a total of 47.62 million HYPE were burned, worth approximately $2.63 billion, accounting for 4.76% of the maximum supply of 1 billion HYPE.

Odaily Planet Daily reports that Hyperscale Data, a US-listed company, disclosed that it did not sell any of its Bitcoin holdings last week. As of the disclosure, the company, along with its wholly-owned subsidiaries Sentinum and Ault Capital Group, held a total of 961.2678 Bitcoins, valued at approximately $62.3 million at current market prices. Furthermore, Hyperscale Data's board of directors is evaluating several strategic options aimed at enhancing shareholder value and has initiated a comprehensive strategic review of the company's business. The review includes: selling or leasing some or all of its data center assets in exchange for cash, introducing strategic investors, forming joint ventures, or continuing to hold and develop existing assets. A final decision has not yet been made. (PRNewswire)