Bitcoin
Cipher Mining: Holds approximately $112 million worth of Bitcoin
Cipher Mining Inc. (NASDAQ: CIFR) releases its Q2 2025 financial report, showing that as of the end of Q2, the company holds approximately $112 million worth of Bitcoin.
Bitcoin hash rate continues to rise, reaching an all-time high
According to a chart released by @cryptounfolded, Bitcoin hash rate continues to rise, reaching an all-time high.
CryptoQuant: Bitcoin has entered a cooling period for the bull market, and a rate cut at the Federal Reserve's September meeting may become a new catalyst
Blockchain data analytics firm CryptoQuant points out that after Bitcoin reached an all-time high of $123,000 last month, it is showing signs of short-term consolidation or mild downward risk. The company stated in its report released on Thursday: 'Bitcoin has entered a cooling period for the bull market, with the bullish index dropping from 80 to 60. While the overall environment remains positive, the upward momentum is weakening. CryptoQuant's bullish index assesses Bitcoin market strength through multiple on-chain indicators, with values close to 100 representing strong buying pressure and bullish sentiment, while near zero indicates heavy selling pressure.' CryptoQuant analyzes that the current index value of 60 is still within the bullish range, but momentum is continuously dissipating. The decline in the index reflects profit-taking after reaching an all-time high and includes seasonal slowdowns in summer trading activity. The report specifically warns: 'If prices continue to weaken, this indicator may fall into negative territory, causing the bullish index to dip below 40 for the first time since April 2023—this would officially confirm a market transition into a bear market.' CryptoQuant research director Julio Moreno adds: 'A rate cut at the Federal Reserve's September meeting could become a new catalyst, aligning with market expectations.'
The Brazilian House of Representatives will discuss a bill aimed at establishing a national Bitcoin reserve on August 20
Bitcoin.com News reports that the Brazilian House of Representatives will discuss bill No. 4501/2024 on August 20, aimed at establishing a national Bitcoin reserve.
Brown University currently holds $13 million worth of Bitcoin ETF
Brown University increases its holdings in BlackRock's Bitcoin ETF, currently holding $13 million worth of Bitcoin ETF.
Ethereum
Ethereum's market capitalization surpasses ExxonMobil
Ethereum's market capitalization reaches $470.7 billion, surpassing ExxonMobil's ($454.07 billion).
Hong Kong listed company IVD Medical invests $19 million in Ethereum
Hong Kong listed company IVD Medical Holdings announces the purchase of $19 million (approximately HKD 149 million) worth of Ethereum to support its medical asset tokenization strategy. The company is developing a platform based on Ethereum smart contracts, ivd.xyz, aimed at tokenizing pharmaceutical intellectual property and medical assets.
Ethereum's market capitalization surpasses Vanguard International Stock ETF, ranking 27th in global asset market capitalization
According to 8marketcap data, Ethereum (ETH) market capitalization reaches $475.7 billion, surpassing the Vanguard International Stock ETF, ranking 27th in global asset market capitalization.
$1.69 billion Ethereum short positions will be liquidated at the Ethereum price level of $4100
According to a chart released by @rektfencer, $1.69 billion worth of Ethereum short positions will be liquidated at the Ethereum price level of $4100.
Ethereum network's daily transaction volume reaches a new all-time high, surpassing the 2021 peak
According to a chart released by @cryptounfolded, the daily transaction volume on the Ethereum network reaches a new all-time high, surpassing the 2021 peak, primarily driven by growth in stablecoins and ETH reserves.
Other projects
Satsuma Technology raises £163.7 million in financing, having accepted 1,097 Bitcoins in this round
London-based artificial intelligence company Satsuma Technology completes a large-scale financing round, raising £163.7 million ($217.6 million), exceeding the target by 64%, receiving support from companies like ParaFi, Pantera, DCG, and Kraken. As part of the financing, the company accepted 1,097 Bitcoins, enhancing its Bitcoin treasury strategy. They currently hold a total of 1,125.85 Bitcoins.
Decentralized operating system OpenMind completes $20 million financing, led by Pantera Capital
Silicon Valley-based smart machine infrastructure company OpenMind announces the completion of $20 million financing, led by Pantera Capital, with participation from Ribbit, Red Shirt China, Coinbase Ventures, DCG, Lightspeed Faction, Anagram, Pi Network Ventures, Topology, Primitive Ventures, and Amber Group.
Verb Technology plans to conduct a $558 million private placement financing to initiate the TON reserve strategy
According to market news, Verb Technology Co. (NASDAQ: VERB) announces a private placement of approximately $558 million with Kingsway Capital to establish the first publicly traded TON financial strategy company.
Stable completes $28 million seed round financing, co-led by Bitfinex and Hack VC
Layer 1 blockchain Stable, built specifically for stablecoins, announces completion of $28 million seed round financing, co-led by Bitfinex and Hack VC, with participation from Franklin Templeton, eGirl Capital, Mirana, Castle Island Ventures, Susquehanna International Group, Nascent, and Blue Pool Capital. Stable founder and CEO Joshua Harding stated that this round of financing consists of a Simple Agreement for Future Equity (SAFE) and token warrants, but he declined to disclose the post-financing valuation.
Coinbase Developer Platform launches 'Embedded Wallet' service
Coinbase Developer Platform officially launches 'Embedded Wallets' product, enabling developers to integrate self-custody wallets into applications with minimal code. The service supports features including fiat deposits and cryptocurrency exchanges, allowing users to log in through email, SMS, or OAuth, with the wallet carrying self-custody attributes.
