According to BlockBeats, on July 25, data from Coinglass showed that the Coinbase Bitcoin premium index has been in negative premium territory for 67 consecutive days (since May 19), with the latest value being -0.0708%.

Previously, the index had been in negative premium for 40 consecutive days from January 16 to February 24 this year, setting a record for the longest "negative streak" since the index was launched, exceeding the approximately 30 consecutive days of negative premium during the "1011 crash".

The Coinbase Bitcoin Premium Index measures the difference between the price of Bitcoin on Coinbase and the average price in the global market. A negative premium usually reflects strong selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflow.

According to BlockBeats, on July 25th, an Iranian source stated that Iran's Ghoshul nuclear facility is not only solid but also "empty," rendering a US attack on Ghoshul doomed to failure. The source argued that Trump's attempt to gain political capital by attacking Ghoshul would only create disinformation and offer no real benefit. The official also indicated that Iran would respond differently, "not limited to large-scale military action."

On March 22, the United States notified Israel of its plans to escalate its attacks on Iran in the coming days, including the first use of heavy bombers since the joint U.S.-Israel military action against Iran earlier this year. The heavy bombers are expected to be used to strike Iran's underground nuclear facility at Ghoshul. President Trump has repeatedly threatened over the past week that a strike on the region "could be coming soon." Ghoshul, located near the Natanz nuclear facility in Isfahan province in central Iran, is considered one of Iran's most fortified underground nuclear facilities. (Xinhua)

BlockBeats reported on July 25th that renowned analyst PlanB voiced his opposition to the Bitcoin BIP-110 proposal: "I oppose the BIP-110 fork. In my opinion, the fork's supporters haven't truly grasped three points: Bitcoin is a decentralized, anonymous asset; Bitcoin enthusiasts hate spam even more than they do; and why the previous BCH fork failed."

BIP-110 is a temporary soft fork proposal that plans to add seven consensus restrictions within a period of about one year. These restrictions include limiting the length of new script public keys, the size of some push data and witness items, and disabling some Taproot extension paths. The aim is to significantly reduce the amount of arbitrary non-payment data that can be embedded in transactions, such as inscriptions and runes, thereby reducing the burden on nodes, suppressing junk data, and allowing Bitcoin to focus more on its monetary uses.

BIP-110 currently has only about 1% miner support, far below the 55% required for approval, making its prospects for approval bleak and virtually impossible to become an official rule of the Bitcoin main chain. The final result will be revealed around August 7-8 after the mandatory signal window opens.