Ethereum at 11: ETH Plummets 61% From Last Year's Peak

DeepSeek's ambitious 1GW AI buildout in Inner Mongolia by 2028 is set to reshape the global tech and crypto mining landscape. This massive energy infrastructure for artificial intelligence will intensify worldwide competition, surge demand for high-performance chips, and redefine decentralized data centers in the blockchain era. The strategic location in Inner Mongolia offers significant energy and cooling advantages for large-scale AI operations, positioning DeepSeek as a formidable competitor in the emerging tech market. This development not only accelerates the global race for AI supremacy but also creates new opportunities for investors in energy infrastructure and blockchain technology, potentially boosting the value of tokens related to decentralized mining and distributed computing.

BitMEX exchange is wiping out 35 derivative products with punitive fees, preparing for its imminent shutdown. All open orders will be canceled and final positions settled against contract-specific indexes at 12:00 UTC. This drastic measure directly affects traders and investors who used these financial instruments in the crypto ecosystem. The shutdown of BitMEX, one of the largest cryptocurrency derivatives exchanges, represents a significant moment for the market, with potential repercussions on liquidity and prices of related assets.

Bitcoin mining and artificial intelligence infrastructure stocks surged across the board with double-digit gains on Thursday, July 30, 2026, as companies tied to both cryptocurrency hashpower and AI computing experienced sharp midday rallies. Keel Infrastructure Corp., formerly known as Bitfarms, led the impressive gains, forcing short sellers to cover their positions at significant losses as prices skyrocketed. This simultaneous rally in seemingly distinct sectors - cryptocurrency mining and AI computing - reflects a growing convergence between these industries. Investors are increasingly recognizing the value of high-performance infrastructure for both blockchain and AI applications, creating a new investment paradigm. The exceptional performance of these assets suggests the market is pricing not just current growth, but also the long-term transformative potential of the fusion between blockchain technology and artificial intelligence.

GitHub Copilot introduces stacked sessions and pull requests, revolutionizing how developers update code and collaborate. This new feature promises to significantly accelerate the development process, allowing multiple changes to be managed more efficiently before being integrated into the main codebase. The AI-powered programming assistant is radically transforming productivity in open-source projects and companies that rely on remote collaboration.

The innovation arrives at a critical moment for the software development ecosystem, including the blockchain and cryptocurrency sector. With over 1 million developers using Copilot, this update has the potential to radically transform productivity in open-source projects and companies that rely on remote collaboration, directly impacting the speed of innovation in decentralized technologies and accelerating development solutions in the crypto space.

Senators Thom Tillis and Ruben Gallego have formally submitted an ethics proposal for the CLARITY Act to the White House, a strategic move that could boost bipartisan cooperation and accelerate regulatory clarity for digital assets in Congress. This initiative represents a significant development in the cryptocurrency regulatory landscape in the United States.

The CLARITY Act (Creating Lawful Access to Responsible, Innovative, and Transparent Technologies) proposal aims to establish a clear regulatory framework for the cryptocurrency sector, addressing ethical and legal concerns while promoting innovation. The submission to the White House marks a crucial moment, signaling a possible consensus between political parties on the need for appropriate regulation of the cryptocurrency ecosystem, potentially influencing future policies worldwide.