【4E: SharpLink Gaming increases its holdings by 18,680 ETH, total holdings reach 498,884】On August 5, according to 4E observation, SharpLink Gaming has increased its holdings by another 18,680 Ethereum, worth approximately $66.63 million at current market prices, bringing its total ETH holdings to 498,884, with a total valuation exceeding $1.8 billion, further consolidating its 'MicroStrategy-like' position in the Ethereum ecosystem. Meanwhile, BTC Digital announced the postponement of its extraordinary general meeting to August 22. This meeting will review its strategic plan to fully transition to Ethereum, including liquidating BTC and focusing on operations centered around ETH, which may mark a key point for traditional mining companies entering the new generation of on-chain enterprises. On the macro policy front, the White House plans to sign an executive order to prohibit banks from refusing service to customers based on political reasons or cryptocurrency business, and suggests clarifying the regulatory boundaries between the SEC and CFTC to help establish a mature and transparent cryptocurrency market system. (Forbes) points out that as cryptocurrency companies like Circle push for IPOs, native projects will usher in a cycle of accelerated capital injection, with funds leaning towards Layer 1/2, infrastructure, and development tools. Analysts remind that the cryptocurrency ecosystem is moving towards institutionalization and integration with mainstream finance; although altcoins may not experience explosive growth again, mainstream assets will benefit from a dual inflow of funds and confidence. 4E advises investors: in the context of compliance and institutional entry, focusing on long-term value assets and being wary of short-term fluctuations is the core logic for positioning in the new cycle.