PPP prediction market monitoring showed that the Polymarket event on whether the U.S. government will ban open-source artificial intelligence models in 2026 was pricing the "Yes" probability at 16%. According to Odaily, the market would resolve to "Yes" if the U.S. federal government restricted public access to or use of an open-source AI model before December 31, 2026 through legislation, an executive order, export controls, or other formal policy action. Eligible open-source AI models are general-purpose large language models or multimodal foundation models whose model weights and source code can be publicly downloaded and run on hardware controlled by users, including Meta Llama, Mistral, DeepSeek, and Qwen. OpenAI strategy chief Dean W. Ball said on X that the U.S. government might use softer legal measures to block open-source models from entering the United States, while White House science and technology adviser David Sacks said using regulatory uncertainty to suppress open-source competition was "unacceptable."

PUMP rose more than 21% intraday and hit a high of $0.002072 before trading at $0.001997. According to Odaily, Ansem said on X that he bought PUMP tokens near $0.001675.

Hyperliquid said on July 20 that HIP-4, or Outcome Markets, will support permissionless deployment in a future network upgrade, beginning with a testnet rollout before expanding to mainnet. According to BlockBeats On-chain Detection, the team said the related technology must be thoroughly tested in validator deployment environments before permissionless access is opened, in order to maintain system stability. The company said outcome markets involve a much larger universe of tradable events than spot and perpetual futures markets, making permissionless deployment important for ecosystem development. To keep market definitions clear and rules consistent, validators will vote on approved outcome market templates, which will be stored and enforced on-chain. Deployers may create markets based on any template and must define and settle them according to the template rules, while the protocol allows multiple deployers to launch markets using the same template. Under the proposal, HIP-4 deployers must stake 500,000 HYPE. If a market is not clearly defined, is not settled correctly under the template, or remains unsettled one week after the outcome is determined, validators can vote to slash the stake. The staking period is six months, and all market settlements must be completed before unstaking. In the initial phase, each deployer may create 100 outcomes, equivalent to 200 Outcome Tokens, and an auction mechanism will later be introduced to expand the quota. The proposal also says future HIP-4 deployers may set a fee share of up to 50% for the markets they launch, with related rate-setting features to be added in a later version. Official standard markets may still be deployed directly by validators, but the annual number is expected to remain below 10. Hyperliquid said the design is still preliminary and may change based on community feedback, with more details to be released after permissionless deployment opens on testnet and the official documentation is updated.

Foresight News reported that a dormant whale transferred 700 BTC after remaining inactive for five years. According to Foresight News, Onchain Lens said the whale originally bought the BTC for $22.34 million, and they were worth about $45.3 million at the time of the transfer.

Chinese imports of seaborne gas rose in June for a second straight month as the world's biggest buyer stepped up purchases ahead of a summer demand surge, according to Bloomberg. The increase came even as war in the Middle East curbed global supply.

The AI token market has garnered widespread attention, but Coinbase analysts warn that current speculation may surpass actual value. While there are potential opportunities, sustainability and market stability remain challenges. The crypto industry needs more focus on decentralization and innovation to achieve genuine development.