Odaily News UBS has raised its S&P 500 index target, projecting a target of 8,100 points by December 2026 and further increasing to 8,400 points by June 2027, citing strong corporate earnings growth and sustained economic resilience.

UBS expects S&P 500 companies' earnings per share (EPS) to reach $350 in 2026 and $400 in 2027, driven primarily by performance in the technology, semiconductor, and energy sectors.

The bank continues to hold a positive outlook on U.S. economic resilience, the Federal Reserve's patient policy stance, and the accelerating adoption of artificial intelligence, believing there is still room for the current bull market to extend.

However, UBS also flagged potential risks, including rising oil prices, resurgent inflation, and AI investment returns falling short of expectations, which could weigh on market valuations and upward momentum.

Odaily News – Citi remains bullish on the equity market, advising investors to consider increasing equity allocations if a market pullback occurs ahead of the U.S. midterm elections.

Citi maintains an "overweight" stance on stocks, citing improving corporate earnings expectations and a loosening market liquidity environment. Despite rising concerns over artificial intelligence in recent weeks, the broader market has yet to show clear risk signals. The bank continues to favor U.S. equities and believes sector rotation could limit downside. Historical data shows that weak pre-midterm election market phases are often followed by strong year-end performance, suggesting that current dips may present buying opportunities.

Odaily News Hong Kong's Court of Appeal yesterday rejected a sentence reduction application from Ma Zhihao, the mastermind of a fraud and human trafficking scheme, upholding the original 56-month prison sentence. During the investigation, Hong Kong police traced criminal funds through blockchain and cryptocurrency transaction records, identifying key evidence of ransom payments and criminal proceeds.

It is reported that the family of one victim paid approximately 9,527 Tether (USDT) tokens to a cryptocurrency wallet designated by the criminals. Blockchain tracing records conclusively showed that 8,127 USDT flowed into an exchange account registered under Ma Zhihao's real name and Hong Kong ID card, subsequently converted into approximately HK$63,000 and transferred to his personal HSBC bank account, serving as critical evidence of his involvement in the crimes and receipt of proceeds. The Court of Appeal noted that had it not been for the District Court's 7-year sentencing cap, the defendant would have faced a significantly heavier penalty. (Caixin)

Odaily Planet Daily News: TD Securities stated that Federal Reserve Chairman Kevin Warsh may deliver a dovish stabilizing signal to the market at next week's Jackson Hole Economic Policy Symposium.

The market will focus on Warsh's clearer stance on the future monetary policy path, as well as whether he reiterates the Fed's commitment to curbing inflation. However, if Warsh continues to avoid providing forward policy guidance, the market may still feel disappointed.

TD Securities expects Warsh's remarks to more likely convey a signal of gradual policy adjustments rather than hinting at a major policy shift. Investors will attempt to glean clues from his statements regarding interest rate trends and changes to the Fed's policy framework.

Odaily News比特币 rose to its highest level since May before the US market opened on Friday, briefly touching $79,400 during trading before hovering around $78,000, just one step away from the key resistance level of $80,000. US spot Bitcoin ETFs recorded net inflows of $606 million on Thursday, the highest level since May 1, boosting market risk appetite.

James Butterfill, Head of Research at CoinShares, stated that this rally is primarily driven by macroeconomic factors rather than factors within the crypto market itself, noting that Bitcoin remains highly sensitive to changes in liquidity expectations and real yields. Previously, US inflation data came in below expectations, employment data weakened, and the US Treasury announced measures to push down long-term Treasury yields, all of which drove risk assets higher.

Butterfill pointed out that $80,000 is an important demarcation line for Bitcoin at present. To form an effective breakout, the market needs further confirmation that the Federal Reserve's monetary policy is shifting toward easing, with related signals potentially released at next week's Jackson Hole symposium.

However, he also cautioned that if inflation remains persistently high or the dollar weakens, the Fed may be forced to adopt a more cautious policy. Additionally, the scale of accumulation by large holders remains relatively limited, and the market still lacks strong confidence to support a sustained breakout. Going forward, US spot Bitcoin ETF fund flows and macroeconomic data performance will serve as key indicators for judging the sustainability of the trend. (CoinDesk)

Monitoring by the PPP Prediction Market Tool shows that the probability of "BTC reaching $80,000 in the remaining period of August" on Polymarket has risen to 67%, a 53% increase in 24 hours. Additionally, the probability of reaching $85,000 has risen to 22%, up 19% in the past 24 hours.

This market is based on the Binance BTC/USDT trading pair. Within the month specified in the title (from 00:00 on the 1st to 23:59 on the last day, Eastern Time), if the highest price of any 1-minute candlestick equals or exceeds the price specified in the title, it will immediately settle as Yes; otherwise, it will be No.

Only the High price of the 1-minute candlestick on the Binance BTC/USDT pair is considered. Prices from other exchanges, trading pairs, or spot markets are not included.

Join the PPP Signal Push Community to stay one step ahead and seize the opportunity.

Odaily News According to on-chain monitoring, the whale Loracle (0x8def...92dae) currently holds a 3x leveraged short position on HYPE, comprising 685,740 HYPE tokens with a position value of approximately $51.462 million. The entry price was $53.716, and the current unrealized loss stands at approximately $14.52 million.

1. Arthur Hayes: ETH is the largest position outside of Bitcoin; a break above $3,000 could quickly push it toward $5,000;

2. After holding for over 3 months, the "10.11 insider whale" turned a $97 million Bitcoin long position into profit, with floating gains exceeding $500,000;

3. With floating gains of approximately $1.276 billion, Strategy holds 840,400 BTC;

4. Binance will adjust the tick size for five USD-margined perpetual contracts;

5. Valued at $4.15 million, Galaxy Digital's OTC wallet transferred 55,990 HYPE to Gate exchange;

6. Coinbase CEO: Regulatory clarity for crypto is coming; Bitcoin is expected to reach $300,000 to $400,000 by 2030;

7. The "set 10 big goals first" short position is expected to see floating losses of approximately $10.08 million;

8. CryptoQuant founder: Bitcoin's bear market phase is largely over, and the bottom may have formed;

9. Gold rose above $4,600 per ounce, up 2.4% in 24 hours;

10. DeepSeek launched the multimodal model V4-Flash-Vision-Exp and opened up API services.

Odaily News: According to MSX.COM data, US-listed crypto-related stocks are broadly higher, with Strategy up 10.19%, Circle up 6.69%, Coinbase up 5.97%, Robinhood up 5.64%, and BMNR up 5.47%.

Odaily News: According to the DeepSeek official WeChat account, DeepSeek has launched the multimodal visual understanding model V4-Flash-Vision-Exp and opened up API services.

Building on V4-Flash, this model adds image understanding and visual generation capabilities, supports multimodal input and output including text and images, and provides developers with interfaces for calling capabilities such as inference and generation.

Odaily News, CryptoQuant founder Ki Young Ju stated that Bitcoin is currently showing strong momentum, and similar rebounds during bear markets typically signal that a bottom has already formed.

Ki Young Ju believes that BTC may still see slight pullbacks in the future, but the bear market phase has essentially come to an end.

Odaily Odaily News: According to on-chain analyst Ai Yi's monitoring, the "Set 10 Big Goals First" whale currently holds short positions in BTC and ETH, with a total position value of approximately $218 million and an estimated floating loss of about $10.08 million.

Among them, it is shorting 2,449.968 BTC with 5x leverage, with a position value of approximately $183 million, an entry price of $74,746.1, and a floating loss of about $8.73 million; meanwhile, it is shorting 15,000 ETH with 7x leverage, with a position value of approximately $35.21 million, an entry price of $2,347.89, and a floating loss of about $1.35 million.

Odaily News: According to Onchain Lens monitoring, a whale has transferred 772,470 LINK to Galaxy Digital and Cumberland, worth approximately $8.91 million, intended for sale. Among them, 602,000 LINK were transferred to Galaxy Digital, worth approximately $6.94 million, and 170,470 LINK were transferred to Cumberland, worth approximately $1.97 million.