💡PlanB: Bitcoin has begun to form a bottom, usually taking 1-3 months According to Jinse Finance, on August 1, well-known analyst PlanB stated that Bitcoin's closing price in July was $62,818, with the 200-week moving average at $63,000. It appears that Bitcoin has started the bottoming process. This process typically takes 1-3 months, during which BTC may drop to lower levels.

💡National Development and Reform Commission: The 15th Five-Year Plan for Computing Power Network will add 4 trillion yuan in direct investment According to Jinse Finance, on July 31, Jiang Yi, Director of the Policy Research Office and spokesperson of the National Development and Reform Commission, pointed out at a press conference that relevant institutions estimate that during the "15th Five-Year" period, the construction of the computing power network will add 4 trillion yuan in direct investment, considering that computing power construction is mainly driven by enterprise investment. This will create huge space for private investment. We will strengthen planning guidance, factor guarantees, and other work to create a favorable environment for private investment.

💡National Development and Reform Commission: The 15th Five-Year Plan for Computing Power Network will add 4 trillion yuan in direct investment According to Jinse Finance, on July 31, Jiang Yi, Director of the Policy Research Office and spokesperson of the National Development and Reform Commission, pointed out at a press conference that relevant institutions estimate that during the "15th Five-Year" period, the construction of the computing power network will add 4 trillion yuan in direct investment. Considering that computing power construction is mainly driven by enterprise investment, this will create huge space for private investment. We will strengthen planning guidance, factor guarantees, and other work to create a favorable environment for private investment.

💡Four departments: Strictly regulate shareholder behavior and strictly prohibit financial institutions from transferring benefits to shareholders and their related parties According to Jinse Finance, on July 31, the Financial Regulatory Administration, the People's Bank of China, the China Securities Regulatory Commission, and the Ministry of Finance jointly issued the "Implementation Opinions on Improving the Governance of Financial Institutions," proposing 22 measures. The "Implementation Opinions" clarify that by 2029, a financial institution governance mechanism with clear boundaries of rights and responsibilities, compatible incentives and constraints, strict risk management, and standardized and efficient operation will be basically formed. The inherent stability and risk resistance of the financial system will be significantly enhanced, and the quality and efficiency of high-quality financial services will be significantly improved. The "Implementation Opinions" propose to improve governance mechanisms to prevent major shareholders from illegal interference and insider control, strengthen penetrating supervision of equity and related-party transactions, optimize board structure, reinforce the responsibilities of the "key few" such as directors and senior executives, improve incentive and constraint mechanisms, and establish a sound internal control and compliance system. The "Implementation Opinions" require strengthening and improving financial supervision, implementing differentiated supervision by levels and categories, severely punishing illegal and irregular behaviors, increasing the cost of violations, improving risk monitoring and early warning mechanisms, and enhancing the precision, effectiveness, and foresight of supervision. (CCTV News)

💡BIT Official: The Fed leans hawkish, bill prospects weaken, Bitcoin may be nearing the cycle bottom According to Jinse Finance, on July 31, BIT Official released a weekly report stating that cryptocurrency market trading volume has fallen 80% from its peak and contracted about 60% from the Q4 2025 peak; total market capitalization has also dropped 50%. If trading volume cannot effectively rebound, the market will struggle to form a sustained rally. Despite still digesting two major negative factors, Bitcoin currently remains in the $62,000 to $66,000 range, and we continue to expect it will eventually break upward. Federal Reserve Chair Kevin Walsh seems to adopt a "less talk, less action" communication strategy, and this ambiguity itself is unsettling the market. Over the past two decades, Walsh has been known for a distinctly hawkish stance; however, when Trump strongly pushed for his appointment as Fed Chair, the market originally expected he would guide monetary policy toward a more dovish path. If this shift materializes, it would be a significant positive for Bitcoin. Prediction markets previously showed only a 32% chance that the CLARITY Act would be signed into law by the end of 2026. Senate Majority Leader John Thune has stated that the Senate will prioritize other issues. With the August recess approaching, the legislative window for this bill is further narrowing.

💡Tesla officially introduces Doubao According to Jinse Finance, on July 31, Tesla China released the 2026.14.13 version of its vehicle software update, covering Model 3, Model Y, Model S, and Model X. The rollout began in batches on July 31, 2026. One of the main upgrades in this software update is the "Doubao Large Model": an intelligent voice assistant that not only provides real-time information but also engages in natural and smooth conversations; it supports multiple premium voice tones and can be paired with personalized roles such as "Know-it-all," "Music Lover," and "Storyteller." This feature requires activation of the advanced in-car entertainment service to use. (China News Service)

💡 Fortune Global 500 New List Released: Amazon Tops for the First Time According to Jinse Finance, the 2026 Fortune Global 500 list (hereinafter referred to as "the list") has been published. The total revenue of the listed companies is approximately $43.1 trillion, a year-on-year increase of about 3.2%; the threshold for entry has risen from $32.2 billion in 2025 to $33.2 billion. The total net profit of the 500 companies is about $3.4 trillion, a year-on-year increase of about 14%, setting a new record. The top spot on the 2026 Fortune Global 500 list has changed hands. Amazon ranks first for the first time, ending Walmart's 12-year consecutive lead and becoming the sixth company to top the list in its 37-year history. Walmart falls to second place, and State Grid remains third. In terms of specific industry distribution, finance (123 companies), energy (77 companies), technology (38 companies), motor vehicles and parts (35 companies), and healthcare (31 companies) remain the five largest pillar industries in terms of revenue scale and number of listed companies, accounting for 61% of the total number of listed companies and contributing 66% of the total revenue of the listed companies. Regarding geographic distribution, Fortune Global 500 companies are located in 242 cities across 35 countries or regions worldwide. This year, 122 Chinese companies made the list, second only to the United States with 141 companies, maintaining the second position globally.

💡The Bank of England's interest rate decision tonight, followed by US PCE and GDP releases According to Jinse Finance, on July 30th, the Bank of England will announce its interest rate decision at 19:00 tonight. The market expects it to keep rates unchanged for the fifth consecutive time, with possibly 2-3 members dissenting and signaling an early start to quantitative tightening. Additionally, the US June PCE and Q2 preliminary GDP figures will be released at 20:30. (Jin10)