Today's Market Analysis:

1. The U.S. SEC has released new guidelines for cryptocurrency ETFs.

2. Singapore has tightened regulations on cryptocurrency trading.

3. The U.S. amendment to 'End Corruption in the Crypto Space' was not passed.

4. The SEC has approved the amendment to convert Grayscale's Digital Large Cap Fund into an ETF.

5. Bloomberg: Deutsche Bank plans to launch cryptocurrency custody services in 2026.

6. Public companies purchased a total of 245,510 BTC in the first half of the year, more than double the ETF purchases during the same period.

7. The SEC is exploring general listing standards for token-based ETFs to streamline the approval process.

8. After the dollar stablecoin craze, South Korea has lifted the 14-year ban on 'kimchi bonds'.

9. JPMorgan: Miners are adjusting operations due to the recent heat wave, causing a decline in Bitcoin network hashrate in June.

10. Analysis: Bitcoin's average increase in July was 9.1%, and it may challenge the $116,000 mark in the coming weeks.

11. The Ethereum Community Fund has been established to enhance ETH value by funding 'immutable and non-token' projects.

12. Software company Figma disclosed in its IPO filing that it holds $69.5 million in Bitcoin spot ETFs and plans to purchase an additional $30 million in BTC.

The recent plunge caught many crypto enthusiasts off guard, and I believe many need to break even. Click the avatar,

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