According to PANews, Grayscale has announced on the X platform that its newly launched Grayscale Decentralized AI Fund is now open to qualified investors. This fund offers diversified investments in the intersection of AI and cryptocurrency. As of July 22, the Grayscale Decentralized AI Fund has an asset management scale of $562,664.08, with 55,300 shares in circulation. The fund's basket includes decentralized AI projects such as Near (NEAR, current weight 30.10%), Filecoin (FIL, current weight 30.87%), Render (RNDR, current weight 25.05%), Livepeer (LPT, current weight 8.85%), and Bittensor (TAO, current weight 3.13%).

The 10 Most Searched Tokens on Binance.com Today.1. $WLD: -7.63%2. $BTC: -1.24%3. $XRP: +1.58%

According to Odaily, Taiko has announced significant progress in optimizing its protocol since the mainnet launch. The team has successfully reduced L1 gas costs by over 30% while maintaining contract upgradability. As they continue to refine gas optimization strategies, the focus is now shifting to new features and improvements. Key development areas identified include enhancing L2 EIP-1559, introducing transaction preconfirmation, implementing new transaction types such as Sponsored Transactions, supporting Cancun EVM, enabling contract use of calldata as DA, and improving minimum tier selection. Additionally, the Ontake upgrade will incorporate these features and improvements, with testing on the Hekla testnet planned before October and a mainnet upgrade scheduled for Q4 this year.

According to Odaily, the Ethereum Foundation has recently executed a transaction through CoWSwap, converting 100 ETH into 345,000 DAI. This move was detected by Scopescan, a monitoring service that tracks blockchain transactions. The conversion highlights the foundation's ongoing financial activities and strategic asset management within the cryptocurrency space.

According to BlockBeats, on July 23, modular blockchain project Avail announced the launch of its Avail DA mainnet and the introduction of the AVAIL token. Avail DA is a modular blockchain solution designed to optimize data availability (DA), enabling highly scalable and customizable rollups. The AVAIL token will serve as the native asset of the Avail network, used for paying DA fees and ensuring network security through staking. Additionally, AVAIL holders will have the opportunity to stake their tokens.

According to BlockBeats, on July 23, the total value locked (TVL) in the Pencils Protocol within the Scroll ecosystem exceeded $300 million, making it the highest TVL DeFi protocol in the Scroll ecosystem. Additionally, Pencils Protocol leads in weekly and monthly TVL growth rates and incremental data within the Scroll ecosystem. Pencils Protocol is currently the largest native DeFi project in the Scroll ecosystem. It serves as a one-stop yield aggregator and auction platform based on Scroll, integrating functions such as Launchpad, unified asset aggregation and distribution, and leveraged yield. The protocol aims to maximize users' asset utilization.

In a recent post on X, renowned cryptocurrency analyst Willy Woo shared his insights on five macro signals for Bitcoin, identifying three bullish indicators and two bearish factors. Here’s a closer look at his analysis:Bullish IndicatorsEnd of Miners Capitulation:Woo considers the end of miners' capitulation a reliable bullish indicator. With miners no longer offloading their holdings, this suggests a stabilization and potential upward momentum for Bitcoin.Hash Rate Recovery:The Bitcoin network's hash rate is recovering, coinciding with the deployment of next-generation mining hardware such as the M66s and S21 Pros. Woo notes that the hash rate is set to increase significantly, indicating network strength and miner confidence.Puell Multiple:The Puell Multiple, which measures miners' relative profit to past revenues, has hit a crucial macro bottom. This two-part signal suggests:Macro bottoms occur when mining profitability is at its lowest.A signal bottom happens post-Bitcoin halving, when miner earnings are halved, setting the stage for a bull run.Woo asserts that miners are now poised to earn substantial profits, making it a good time to invest in mining operations.Bearish IndicatorsIncrease in Coins Entering Exchanges:A significant amount of Bitcoin, notably 50,000 BTC from Mt. Gox, is being moved to Kraken. This influx is being front-run by other large transfers, potentially increasing selling pressure.Ethereum Spot ETF Launch:The imminent launch of the Ethereum spot ETF could divert capital from Bitcoin ETFs to Ethereum ETFs. The extent of this shift is uncertain but represents a bearish risk for Bitcoin.Overall OutlookWoo concludes with an optimistic view, believing that the bullish factors outweigh the bearish ones. He notes that breaking the $73,000 level could trigger a short squeeze, propelling Bitcoin to $77,000 and beyond, entering a phase of price discovery.This comprehensive analysis by Woo provides a nuanced view of the current market dynamics, highlighting the interplay between fundamental strength in mining and potential short-term pressures from increased exchange inflows and the new Ethereum ETF.

According to CoinDesk: Bitcoin (BTC) traded near $66,000 as the defunct crypto exchange Mt. Gox initiated another significant transfer of its assets. The latest tranche, worth over $2.5 billion, was moved between wallets, with some being sent to the crypto exchange Bitstamp, historically leading to sell-offs in the broader market.Key MovementsMajor Transfers: According to Arkham data, Mt. Gox transferred over $2.85 billion worth of BTC to a new wallet in the early hours of Tuesday in the Asian markets. This included:5,000 BTC worth $340 million to one wallet.37,000 BTC worth $2.5 billion to another wallet.Exchange Activity: From the 5,000 BTC wallet, approximately $130 million worth of BTC was moved to Bitstamp, signaling a potential intent to sell holdings.Test Transactions: The movements come a day after Mt. Gox conducted smaller test transactions to Bitstamp.Impact on Bitcoin PriceThe market reacted to these movements, with Bitcoin dropping below $67,000 earlier on Tuesday. This decline in sentiment comes as U.S. investors anticipate the first trading of spot Ether (ETH) exchange-traded funds later in the day.BackgroundIn early July, Mt. Gox began repaying creditors affected by the 2014 hack. Over $9 billion worth of BTC and $73 million in Bitcoin Cash (BCH) are scheduled to be distributed to traders in the coming months.AnalysisThe substantial movement of BTC by Mt. Gox continues to impact market sentiment, as large transfers to exchanges typically signal upcoming sell-offs. The anticipation of Ether ETFs trading in the U.S. adds another layer of complexity to market dynamics. Investors should remain cautious and monitor further developments from Mt. Gox and the broader crypto market.