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Bitwise CEO posted on the X platform stating that in the first half of this year, despite the bear market environment, investors net invested over $1.8 billion into Bitwise products. Among these, the inflows for ETFs/ETPs, private active and Alpha strategies, staking, and vault products all exceeded $100 million.Bitwise is composed of more than 150 individuals from the finance and technology sectors. He stated that these individuals could have pursued other careers but chose to drive this turnaround story alongside the crypto industry. The Bitwise team hopes that the crypto industry can change the world and that the efforts of many participants will be recognized.He mentioned that Bitwise is not the main player in the industry; its role is to support the industry ecosystem and help investors participate in emerging opportunities. He also expressed gratitude to everyone who entrusted Bitwise with managing their investments and assets, stating that the team is happy to engage in related work.

The Secretary of the Supreme National Security Council of Iran, Rezaei, stated that if the economic war continues, not a drop of oil will be exported from anywhere in the Strait of Hormuz and the Persian Gulf.Iran will consider any country that participates in or supports the economic war against the Iranian people as an act of war.

According to Coinglass data, if BTC falls below $73,490, the cumulative long liquidation intensity on major CEXs will reach $1.124 billion. Conversely, if BTC breaks above $80,770, the cumulative short liquidation intensity on major CEXs will reach $1.076 billion.

According to Coinglass data, the Coinbase Bitcoin premium index has reappeared with a positive signal for the first time since May 19, reporting 0.0052%, ending a historical longest negative premium period of 97 consecutive days until August 23. Although these positive values are still relatively sporadic, they indicate that selling pressure from institutions has eased, undoubtedly helping the market continue to push upward, with the next step waiting for institutions to truly return and generate substantial demand.The previous longest record of negative premium was 40 consecutive days from January 16 to February 24 this year, and the second longest was about 30 days of continuous negative premium during last year's "1011 crash." The Coinbase Bitcoin premium index is used to measure the price difference between Coinbase Pro and Binance for Bitcoin. A sustained negative index typically means that Coinbase's quotes are relatively low, reflecting weak buying in the U.S. market or significant selling pressure, but it is not advisable to directly conclude that institutional funds are flowing out based solely on this indicator.

According to CoinDesk, cryptocurrency card spending reached $1.04 billion in July, more than doubling compared to the same period last year. Dollar stablecoins (USDC and USDT) funded 70% of over 10 million transactions, with the average payment amount rising from $59 last year to $86, indicating that users are shifting from large-scale cash-outs to everyday spending, such as groceries, rideshares, and takeout.Emerging markets have become the main growth driver. Data from Visa partner StraitsX shows that total transaction volume in low GDP markets grew by about 600% from March 2025 to February 2026, while high GDP markets only grew by 150%. In Latin America, active users of Oobit in Brazil spend about $400 per month, with grocery stores accounting for 35% of their regional activity; in Argentina, 72% of payments use USDT, with food making up 41% of transactions.Market concentration remains high, with the three platforms RedotPay, EtherFi, and KAST collectively accounting for about 77% of the total tracked volume in July. Visa stated that there are currently over 160 card projects associated with stablecoins launched or in development worldwide. The number of Binance card users in Brazil has increased by 53% since its launch quarter, and Kraken's Krak Card payment frequency has doubled over the past year to 8.3 times per user per week.

The B.AI platform has launched the new multimodal experimental flagship model DeepSeek-V4-Flash-Vision-Exp. The official API team has completed full integration and opened it up for free to all users.This model builds on the top-tier pure text and code Agent capabilities of V4-Flash, officially unlocking native image understanding capabilities. The comprehensive performance of the multimodal Agent is now close to the flagship level of Claude Opus-4.8.The new model supports mixed text and image input and 1M ultra-long context, easily handling hardcore scenarios such as multimodal PPT generation, complex UI reconstruction, and frontend effects. Image input is billed by token, with a single image costing a maximum of only 384 tokens. Now, all users can log in to the B.AI platform to access this latest multimodal model capability for free without any barriers, allowing top-tier computing power to accelerate creativity and productivity.

According to Fortune, Bitcoin surged significantly this week, breaking through the previous range of $62,000 to $67,000 that lasted for several weeks, and rising above $77,000 on Friday. The important turning point in the market occurred after the U.S. Treasury announced an expansion of its long-term Treasury bond repurchase program, leading to a decline in long-term U.S. Treasury yields and the dollar, while alternative assets like Bitcoin and gold strengthened simultaneously.The U.S. Treasury stated that it would at least double the scale of long-term Treasury bond repurchases to alleviate the ongoing selling pressure in the bond market. Meanwhile, the total amount of U.S. Treasury debt surpassed $40 trillion, combined with inflation and energy price pressures, raising concerns in the market about the purchasing power of the dollar and long-term fiscal conditions. Funds began to flow into the so-called "debasement trade," with Bitcoin accumulating a rise of over 20% this week.Previously, many traders bet that BTC would continue to be constrained around $67,000, but after the Treasury's actions pushed yields and the dollar down, Bitcoin broke through that price level, forcing short sellers to cover. Since covering positions requires buying BTC, this further drove up the price and triggered more liquidations. According to CoinGlass data, over $4 billion in cryptocurrency short positions have been liquidated during this rally as of Friday.Additionally, Trump urged Congress to advance the CLARITY Act at a cryptocurrency conference held at the White House this week. CFTC Chairman Mike Selig subsequently stated that he would use existing authority to promote the government's cryptocurrency policy agenda, which also provided a policy-level catalyst for this market rally.

According to Whale Alert monitoring, approximately 1000 WBTC (worth about 77.408 million USD) were transferred from an unknown wallet to the mining pool platform F2Pool.

According to Coinglass data, if ETH falls below $2,337, the cumulative long liquidation intensity on mainstream CEX will reach $871 million. Conversely, if ETH breaks above $2,572, the cumulative short liquidation intensity on mainstream CEX will reach $294 million.

According to the official announcement, Gate will launch DGrid AI (DGAI) spot trading on August 24 at 16:00 (UTC+8), and DGrid AI (DGAI) will go live on the instant exchange platform at 17:00 (UTC+8).

Chairman of BitMine, Tom Lee, stated on CNBC that next week could be a turning point for the stock market. Currently, AI stock trading has stagnated, mainly suppressed by concerns over data centers and political opposition in the United States.The key issue is whether confidence in AI can return after the stagnation. If NVIDIA CEO Jensen Huang can demonstrate that the demand for AI computing power remains strong at the upcoming event, it will help to reinject confidence into the market and drive the AI sector out of its consolidation.Tom Lee also emphasized that uncertainty surrounding the Federal Reserve continues to accumulate, and the upcoming public appearances of a series of Federal Reserve officials will become another significant market signal. The S&P 500 has recently hovered around 7678 points, with a cumulative decline of about 1.4% this week, as the market grapples with dual concerns over the sustainability of AI capital expenditures and the path of monetary policy.Next week's positioning is a key window to observe the market's directional choice. Whether the signals of AI demand can resonate with expectations of Federal Reserve policy will determine the short-term direction of risk assets.

Hyperbot data shows that Brother Maji has just opened a 40x leveraged Bitcoin long position again, currently holding 50 BTC, with an unrealized profit of about $8,237, and an entry average price of $76,712.2. Currently, Brother Maji's total position value is approximately $103 million, including 28,250 ETH long positions, 253,000 HYPE long positions, and 2,236,488,191 HYPE long positions.

Zhao Changpeng stated on the X platform that the fifth season of EASY Residency under YZi Labs is now open for applications, with a deadline of September 14. This season's recruitment directions include programmable capital and on-chain markets, AI infrastructure and computational economics, AI interfaces and consumer layers, as well as AI × biotechnology and programmable science. CZ also mentioned that the Demo Day for the fourth season of EASY Residency will be held next week in Bhutan, and he will attend.

The metaverse gaming platform The Sandbox confirmed that there is a vulnerability in its cross-chain bridge, allowing attackers to mint uncollateralized SAND on Base and BNB Smart Chain. Blockchain security company PeckShield discovered on August 21 that two addresses had collectively minted approximately 1.49 billion SAND, prompting The Sandbox to shut down the bridging functions for both networks.The Sandbox stated that the affected assets are those bridged on Base and BNB Smart Chain, while SAND on Ethereum and Polygon, user wallet assets, and Ethereum locked assets used to support the tokens remain unaffected. The incident involved a proportion of real collateralized assets that is less than 0.01% of the total supply of SAND. The Sandbox is formulating a compensation plan for the affected liquidity providers and advises users not to trade SAND on Base or BNB Smart Chain until the bridging function is restored.Coinbase plans to delist 10 perpetual futures contracts, including SAND, on August 26, at which time any open positions will be automatically settled.

According to OnchainLens monitoring, FalconX transferred 80,200 HYPE to the trading platform in the past day, worth approximately $6.27 million, or is about to sell.

According to CertiK monitoring, Term Labs suffered a governance attack, resulting in a loss of approximately 8.5 million dollars in assets. Currently, the attacker's address holds 2,843 ETH (approximately 7.1 million dollars) and about 1.6 million DAI.

According to CoinGlass data, the weighted funding rates for BTC positions and trading volume are 0.0097% and 0.0091%, respectively, both in the neutral range; the two weighted funding rates for ETH are 0.0111% and 0.0123%, both above the 0.01% benchmark rate, entering the bullish range.Although the spot price of ETH has dropped more significantly, the bullish sentiment in its contract market is still clearly stronger than that of BTC. Funding rates are the rates set by cryptocurrency trading platforms to maintain the balance between perpetual contract prices and the prices of underlying assets, serving as a mechanism for the exchange of funds between long and short traders. When the funding rate is 0.01%, it indicates the benchmark rate; above 0.01% represents a generally bullish market, while below 0.005% indicates a generally bearish market.

Bitcoin recently rose to a monthly high, with Bitfinex analysts stating that this round of market activity is primarily driven by spot buying and short covering, rather than new leveraged funds, thus providing a longer duration compared to typical short squeeze scenarios. As investors who bought Bitcoin in the past five months are currently in a profit state, the main risk of the current upward trend comes from profit-taking chips flowing into trading platforms.Bitfinex believes that the U.S. Treasury's announcement on August 19 to expand the scale of long-term bond repurchases is an important factor driving the recent market activity. The initial phase of this rise was indeed driven by short liquidations. On the same day, the U.S. spot Bitcoin ETF recorded an inflow of $297.6 million. However, the subsequent price increase mainly came from spot buying. From the position structure, while Bitcoin prices rose by 10% to 11%, open interest (OI) only increased by about 4%, indicating that spot demand and short covering played a major role, while the impact of leveraged funds was limited.Bitfinex pointed out that the $68,000 to $69,000 range is currently an important support level, close to the average cost of buyers over the past five months. If Bitcoin maintains above this level, it will keep these investors in a profitable state, reducing the pressure of previously trapped chips selling during rebounds. In terms of funds, the U.S. spot Bitcoin ETF saw an inflow of $606.29 million on August 20, the largest single-day inflow since May 1, with BlackRock's IBIT contributing about 82%. Bitfinex stated that if fund inflows continue for a week, it will further strengthen the market demand structure.However, Bitfinex warns that the current biggest risk is a large amount of profitable Bitcoin flowing into trading platforms, which could trigger the largest profit-taking market since 2026. Analysts indicate that if real yields rise again to levels that previously suppressed Bitcoin from falling below $65,000, macro factors could still quickly impact the market.

According to The New York Times, in March 2022, Sylwester Suszek, the founder of the Polish cryptocurrency exchange Zondacrypto (formerly BitBay), went missing and left a desperate voice message for his sister, leading his family to suspect he may have been murdered. Przemyslaw Kral, the lawyer who took over the management of the company, has also been missing for four months.Kral had previously released a video to reassure clients, stating that the company held over $330 million worth of Bitcoin, but the only person who possessed the unlocking keys was the missing Suszek. About two months after the website closed around April (on June 29), the Estonian Financial Intelligence Unit (FIU) revoked the license of its parent company.