BLG’s loss in the League of Legends MSI final has led to a resolution on Polymarket. According to PPP’s prediction market tracker, MSI concluded with BLG falling 2:3 to HLE in the final, and the Polymarket event asking whether BLG could complete the “Golden Road” was settled as “No.” The market’s rules stated that a “Yes” outcome required BLG to complete the so-called Golden Road within 2026. In the event description, that meant winning all major League of Legends esports competitions during the year. The requirement covered victories in all regional competitions as well as titles at the three major international events: First Stand, MSI and Worlds. The market description cited official information from Riot’s League of Legends esports website as the primary source for resolution, while noting that reliable reports, including content on Liquipedia, could also be referenced. No image was provided in the source material.

Analyst Darkfost said Bitcoin trading below the short-term holder, or STH, cost basis for an extended period has been a common feature of every bear market cycle. BTC has now stayed under that level for more than nine months, with the current STH cost basis sitting at $70,700 and continuing to act as resistance. In May, Bitcoin moved back toward that area and briefly approached $82,000 before pulling back. Darkfost said the STH cost basis has declined noticeably since then, which suggests some investors have been accumulating at lower levels and reducing their average entry cost. Even so, Bitcoin has not yet managed to firmly reclaim that key level. He argued that a sustained move back above the STH cost basis would be the first positive signal for the market. At present, BTC is trading in a $59,000 to $64,000 range, still well below the $70,700 threshold. According to the analysis, a successful break above and hold over that level would mean short-term holders as a group are no longer underwater, opening the door to a shift from bear-market defense to structural repair. If the level keeps rejecting price, the STH cost basis may continue to fall and the bottoming process could take longer.

Michael Saylor posted Strategy’s orange-dot bitcoin accumulation chart on X on July 12, outlining the company’s latest BTC position after a recent sale. Strategy had previously sold 3,588 BTC between June 29 and July 5, raising $216 million. The company said the proceeds were used to support preferred stock obligations and strengthen its U.S. dollar reserves. The chart shows Strategy has completed 113 bitcoin purchase events and now holds 843,775 BTC. Its total purchase cost stands at about $63.69 billion, with an average acquisition price of roughly $75,476 per bitcoin. Separate figures from Strategy’s latest dashboard value the BTC holdings at about $53.991 billion based on a bitcoin price of $63,988. The dashboard also lists MSTR’s market capitalization at $35.17 billion, enterprise value at $54.838 billion, and an mNAV ratio of 1.02. In addition, Strategy reported $2.55 billion in U.S. dollar reserves, $6.754 billion in debt, and preferred stock valued at $15.464 billion. The news was cited by Bitcoin.com News in Odaily’s report.

Bitcoin has remained below its short-term holder cost basis for more than nine consecutive months, according to CryptoQuant analyst Darkfost, who said this kind of extended loss period for short-term holders has historically been closely associated with bear market cycles. He said the current short-term holder cost basis is around $70,700 and continues to act as overhead resistance for BTC. Darkfost also pointed to price action in May as an example of that pressure. At the time, Bitcoin climbed to about $82,000 to test the area near the short-term holder cost basis, but then quickly pulled back. His comments frame the cost basis level as a key reference point for judging whether Bitcoin can break through resistance or remains stuck below a level that has capped upside so far.

The stablecoin market posted its sharpest monthly contraction in years in June, shedding $7.7 billion in total market value, according to CoinDesk. The drop marked the largest one-month decline since the Terra-Luna collapse in May 2022. Since the market’s peak in May, aggregate stablecoin supply has fallen by about $10 billion. Two major issuers accounted for much of the retreat. Tether’s USDT market capitalization fell from about $190 billion in May to $184 billion, a decline of roughly $6 billion. Circle’s USDC, meanwhile, dropped from a peak near $80 billion in March 2026 to about $73 billion, down roughly $7 billion. Even so, the current correction remains milder than the 2022 crypto winter, when the stablecoin market recorded a cumulative decline of more than 26%. CoinDesk said Wall Street institutions still hold a constructive long-term view on the sector. Citi previously projected the global stablecoin market could reach $1.9 trillion by 2030 in its base case, with a bullish scenario rising to $4 trillion.

Odaily reported that analyst Killa said in a post on X that a large concentration of Bitcoin long liquidations currently sits in the $49,000 to $56,000 range. The positions involved include 3x, 5x, and 10x leveraged longs. Killa added that if Bitcoin sees one final capitulation wick over the next one to two months, the move could reach that zone. In Killa’s view, such a sweep could mark the market bottom. The remarks reflect one analyst’s assessment of liquidation positioning rather than a confirmed market outcome.

According to foreign media cited by Odaily, Donald Trump said in an interview that Iran had agreed the previous day to what he described as a “perfect deal.” He said the arrangement meant “no nuclear weapons” and that Iran had dropped all of its conditions. Trump also claimed the situation changed almost immediately after the talks ended. In his account, the other side left the room and, less than an hour later, used drones to attack a ship. The remarks were made as Trump was discussing the Iran issue during the interview. No additional details about the proposed agreement or the vessel involved were provided in the source brief.

Decrypt published a detailed walkthrough showing how sellers can build short product ads for TikTok and YouTube with AI tools that are free or close to free. The workflow starts with a clean product image, moves through ChatGPT for product-consistent model shots and a 10-second script in JSON, then uses Google Flow with Gemini Omni to generate talking video clips, and ends with CapCut for trimming and subtitles. The article also breaks down pricing: Google Flow gives non-subscribers 50 free daily credits for Veo 3.1, while Omni requires a paid Google AI plan, though Google also offers Omni at no cost inside YouTube Shorts and YouTube Create for users 18 and older. Decrypt included platform rules as well. TikTok and YouTube both allow AI-generated promotional videos, but they require labels for realistic AI media and separate disclosure for commercial relationships. The piece closes with a reminder that cheap tools do not mean easy sales, citing Third Eye Insights president Camille Moore, who said that more than half of the 803,500 TikTok Shop stores operating in the U.S. last year recorded zero sales.