Ark Invest's multiple funds collectively purchased approximately 2.53 million shares of BLSH, valued at about $172 million.
According to Ark Invest Daily data, Cathie Wood's Ark Invest multiple funds purchased Bullish (BLSH) stock, with ARKK buying 1,714,522 shares, ARKW buying 545,416 shares, and ARKF buying 272,755 shares, totaling 2,532,693 shares. At a closing price of $68, the holdings are valued at approximately $172.2 million.
Compound lead investor Bain Capital Ventures is reportedly selling 349,000 COMP.
According to on-chain analyst Yujin, Bain Capital Ventures transferred 349,000 COMP ($18.85 million) to an institutional trading platform 9 hours ago, and 87,250 COMP ($4.73 million) has already entered Binance, OKX, and Bybit. Bain Capital Ventures is one of the lead investors in Compound, and these COMP were received from Compound's deployment address five years ago.
El Salvador has a floating profit of $66 million from buying Bitcoin, with a return rate of 115%.
According to Lookonchain monitoring, Bitcoin has surpassed $124,000, setting a new historical high. Since November 18, 2022, El Salvador has been purchasing 1 BTC daily at an average price of $57,793, buying a total of 1,000 BTC (costing $57.29 million, now valued at $124 million), with unrealized profits of $66 million (+115%).
BTC reached $124,000, setting a new historical high.
OKX shows that BTC reached $124,000, setting a new historical high, currently quoted at $123,872 per coin.
The market capitalization of Bitcoin surpasses Google, rising to the fifth position in global asset market capitalization.
8marketcap data shows that Bitcoin's market capitalization surpassed Alphabet (Google), reaching $2.459 trillion, rising to fifth place among global mainstream assets.
Mizuho Securities: Circle's (CRCL) benchmark stock price is set at $84 and may even drop to $40.
According to The Block, Mizuho Securities stock researchers state that Circle stock faces mid-term risks due to USDC growth slower than expected, rising distribution costs, and potential Federal Reserve rate cuts. Analysts predict a benchmark stock price of $84 for CRCL, with a pessimistic forecast suggesting it could drop to $40 by 2027, below the closing price of $153.16 the day after the company released its quarterly report. Notably, Bernstein analysts maintain a target price of $230 for the stock. Analysts believe that the unexpectedly poor performance of the stock could have three reasons: First, the gap between the 'dream' and 'reality' of USDC issuance is widening. Despite growing interest in cryptocurrencies, the stablecoin has seen only 6% growth year-to-date, which is still below the company's long-term compound annual growth rate expectation of 40%. Coupled with rising issuance costs, 'which have increased from 39% of the reserve pool in 2022 to 61% in 2024... reaching 64% in the second quarter,' analysts point out that Circle's profit margins seem to be further compressed. With the introduction of the GENIUS Act, intensified competition may accelerate this process. Many large institutions have already expressed intentions to launch or introduce stablecoins, while Circle's biggest competitor, Tether, is planning to return to the U.S. market. Finally, analysts state, 'A cooling CPI is good news for the economy, but bad news for CRCL.' The U.S. Department of Labor reported a 2.7% year-on-year increase in the consumer price index in July, slightly below expectations, raising expectations for potential Federal Reserve rate cuts.
Google: The new regulations for the Google Play Store will not restrict the listing of unregistered non-custodial wallets.
According to The Block, there were rumors that the Google Play Store planned to ban unregistered non-custodial crypto wallets in several countries, including the U.S. and the U.K., starting in October. Google issued a clarification statement on X, stating that it does not intend to restrict non-custodial wallets. 'Non-custodial wallets do not fall under the scope of Google Play’s cryptocurrency exchange and software wallet policies. We are updating our Help Center to clarify this.'
Insiders say that the crypto wallet MetaMask may announce details about the stablecoin mUSD this week.
According to CoinDesk, insiders revealed that MetaMask is likely to announce details about its USD-pegged stablecoin mUSD soon (as early as this week). The stablecoin mUSD was previously disclosed in a governance proposal that was quickly deleted last week. MetaMask stated that it has over 30 million monthly active users and is currently issuing its stablecoin with the help of Bridge. Bridge is a company that helps businesses integrate stablecoin payment channels and was acquired by fintech giant Stripe earlier this year, focusing on assisting businesses in integrating stablecoin payment channels and stablecoin issuance protocols like M^0. This insider stated that in addition to close cooperation with Bridge on the mUSD stablecoin, MetaMask is also seeking help from traditional financial alternative asset management firm Blackstone Group to provide custody and fund management services for its tokens.
Coinbase has added Useless Coin (USELESS) to its listing roadmap.
According to an official announcement, Coinbase has added Useless Coin (USELESS) to its listing roadmap.
The three major U.S. stock indices closed higher collectively, with the Nasdaq and S&P 500 continuing to set new historical closing highs.
According to Caixin, the three major U.S. stock indices closed higher collectively, with the Dow up 1.04%, the S&P 500 up 0.32%, and the Nasdaq up 0.14%. Among them, the Nasdaq and S&P 500 continued to set new historical closing highs. Coinbase (COIN) rose 1.36%; Circle (CRCL) fell 6.16%.
Market news: Canary Trump Coin ETF has been registered in the state of Delaware in the U.S.
According to market news, the Canary TRUMP COIN ETF has been registered in the state of Delaware in the U.S.
Offchain Labs has acquired the smart account development team ZeroDev.
According to Offchain Labs, the company has acquired the smart account development team ZeroDev. ZeroDev currently supports over 5 million smart accounts across more than 30 chains, providing tools for multiple crypto projects including ApeCoin, Conduit, and Crossmint. This acquisition aims to meet the growing demand for on-chain infrastructure, promoting large institutions and consumer applications to go on-chain, and coordinating with the previously launched universal intent engine to achieve fast cross-chain transactions and a seamless user experience.
GMX has completed a compensation plan of approximately $44 million to address the V1 vulnerability issue.
GMX announced that it has completed a compensation plan of approximately $44 million to address the impact of the GMX V1 vulnerability, distributing GLV tokens to affected Arbitrum GLP holders, including GLV [BTC-USDC] and GLV [WETH-USDC], with token composition of about 25% Bitcoin, 25% Ethereum, and 50% stablecoins. This compensation includes $2 million from DAO treasury support and $500,000 in GLV holding rewards. Users can apply for compensation through the GMX dApp, and holding GLV for at least three months will receive retention rewards. The GLP redemption function is expected to open in 10 days, and the remaining GLP can be sold normally. The vulnerability was discovered on July 9, and an anonymous attacker accepted a $5 million bounty for the vulnerability and returned the funds; GMX V2 was not affected.
The AI project Sapien will hold its TGE on August 20, with 5% airdropped to early contributors.
Sapien Foundation announced it will hold a SAPIEN token generation event (TGE) on August 20, where tokens will be issued and distributed for the first time. The token is built on Coinbase's Layer-2 blockchain Base and will support a decentralized data minting platform, providing high-quality data support for AI. This event will adopt a fair issuance model, with an initial unlock of 25% of the total amount, and 5% of tokens will be airdropped to early contributors, while CookieDAO community members will receive a 0.5% allocation. It is reported that AI data collection startup Sapien announced last year that it completed a $10.5 million seed round, led by venture capital firm Variant, with participation from Primitive Ventures, Animoca, Yield Game Guild, and HF0, as well as angel investors like YGG founder Gabby Dizon and SoftBank Vision Fund alumni Kevin Jiang. Earlier on July 18, news broke that the AI project Sapien established a foundation and revealed the native token name $SAPIEN.
Binance CSO: Every day, North Korean hackers disguise themselves as job applicants, using voice changers, synthetic videos, and other AI technologies to fabricate identities.
Binance CSO Jimmy Su revealed that North Korean hackers disguise themselves as job seekers every day in an attempt to infiltrate the company, becoming one of the biggest threats in the crypto industry, especially related to the North Korean Lazarus Group. According to statistics, North Korean hackers stole $1.34 billion last year and have already stolen $1.6 billion this year. The hackers use AI technology to fabricate identities, using voice changers and deepfake videos to gain trust, and attack employee devices through polluted public code repositories and fake recruitment links. Binance discards suspicious resumes daily, which often use specific templates, and applicants frequently use Japanese or Chinese surnames. With the development of AI technology, these hackers can now disguise themselves as developers from Europe or the Middle East and use voice changers and deepfake technology in video interviews. However, their internet connections are often slower, which is a significant clue for identification. Additionally, Binance requires applicants to perform certain actions during interviews to break the deception, although the specific methods have not been disclosed. To prevent internal infiltration, Binance also monitors the behavior of existing employees, such as working hours and output. If employees show signs of unbroken work, it may indicate they are members of the Lazarus Group. North Korean hackers also attack the crypto industry through polluted public code repositories or by fabricating job invitations. Su emphasized that these attack methods are becoming increasingly complex and pose a significant threat to the industry.
The developer of Shrapnel completed $19.5 million in financing, with Gala Games leading the round.
Seattle game studio Neon Machine announced the completion of $19.5 million in financing, with the latest round led by Gala Games, and participation from Griffin Gaming Partners and Polychain Capital. The funds will be used to support the global launch of its award-winning FPS game Shrapnel and plans for the Chinese market, where closed testing will begin in 2025 and open testing in early 2026. Previously, reports indicated that Neon Machine, the developer of the crypto shooting game 'Shrapnel,' was facing a financial crisis.
The Sign Foundation has completed its first $12 million $SIGN buyback.
The Sign Foundation announced that it has successfully completed a $12 million buyback of $SIGN tokens, of which $8 million was purchased through the open market, acquiring 117 million $SIGN; an additional $4 million was settled through private agreements. The repurchased tokens will be used to promote cooperation with listed companies, support new platform launches, and expand the Orange Dynasty project.
ZachXBT: North Korean IT personnel were reported to control over 30 fake identities, involved in a $680,000 attack.
According to ZachXBT, a source hacked the devices of North Korean IT personnel and found that their small team used over 30 fake identities to obtain developer positions, purchasing Upwork and LinkedIn accounts using government IDs and working via AnyDesk. Relevant data includes Google Drive exports, Chrome profiles, and screenshots. The wallet address 0x78e1 is closely related to a $680,000 attack on the Favrr platform in June 2025, and more North Korean IT personnel have also been identified. The team uses Google products to schedule tasks, purchasing SSNs, AI subscriptions, and VPNs. Some browsing histories show frequent use of Google Translate to translate Korean, with IP addresses located in Russia. The negligence of recruiters and the lack of coordination among services are the main challenges in combating such actions.
Trump is considering 11 candidates to succeed the Federal Reserve Chairman, including David Zervos and Rick Rieder.
According to sources, U.S. President Trump is evaluating 11 candidates to succeed Federal Reserve Chairman Powell, whose term ends in May 2025. New nominees include Jefferies Chief Market Strategist David Zervos, former Federal Reserve Governor Larry Lindsey, and BlackRock Global Fixed Income Chief Investment Officer Rick Rieder, as well as current Federal Reserve officials Bowman, Waller, and Jefferson. Treasury Secretary Scott Bessent will be responsible for interviewing and screening the final list. Officials say the decision timeline is not yet determined, but the process is expected to take a considerable amount of time.
Publicly traded company GameSquare plans to purchase $2.5 million worth of Animecoin ($ANIME) within a year.
Nasdaq-listed media and entertainment company GameSquare (stock code GAME) announced a strategic partnership with Animecoin Foundation to purchase $2.5 million worth of Animecoin ($ANIME) within a year and become the designated agency for Animecoin. This collaboration aims to expand GameSquare's Web3 layout, add high-potential digital assets to its crypto treasury, and enhance Animecoin's influence in the global gaming and anime market. GameSquare will also collaborate with Azuki to develop physical and digital products and showcase the Animecoin brand through FaZe Esports.
LIXTE Biotechnology plans to invest 25% of its treasury in cryptocurrencies such as Bitcoin.
According to biopharmaceutical company LIXTE Biotechnology Holdings, the company's board has approved a strategic capital allocation plan to invest up to 25% of the corporate treasury in cryptocurrencies, including Bitcoin and other digital assets. The specific transaction size and timing will be determined based on market conditions and strategic considerations.
U.S. Treasury Secretary Bessent: The Federal Reserve may cut rates by 50 basis points in September, and rates should be lowered by 150-175 basis points.
U.S. Treasury Secretary Bessent stated that the Federal Reserve's interest rate policy is tight, and rates should be lowered by 150 to 175 basis points. He believes there could be a series of rate cuts, possibly starting with a 50 basis point cut in September. Bessent is optimistic about the Federal Reserve's September meeting and noted that if the data is accurate, the Fed might cut rates even earlier. He also observed that corporate profit margins are returning to normal levels seen before the COVID-19 pandemic.
Standard Chartered has raised its year-end target price for Ethereum to $7,500, expecting it to break the historical high of $4,866 in Q3.
According to The Block, Standard Chartered analysts have significantly raised their year-end target price for Ethereum to $7,500, up from a previous $4,000, and expect it to reach $12,000 by the end of 2026, $18,000 by the end of 2027, and maintain at $25,000 from 2028 to 2029. Analysts point out that Ethereum's investment appeal has significantly increased, supported by active buying from corporate finance departments and institutional investors, demand for spot ETFs, new U.S. stablecoin regulations, and the advancement of its technical roadmap. Standard Chartered expects Ethereum to break its historical high of $4,866 in Q3 of 2025. Additionally, Standard Chartered analysts maintain a long-term optimistic outlook for Bitcoin, predicting its price will reach $200,000 by the end of 2025 and further rise to $500,000 by 2028 to 2029.
A suspected HashKey Capital address transferred 7,300 ETH to Binance about 50 minutes ago, worth approximately $33.86 million.
According to monitoring by Yujin, an address suspected to be HashKey Capital transferred 7,300 Ethereum (ETH), worth approximately $33.86 million, to Binance within 50 minutes. From July 28 until now, this address has transferred a total of 31,300 ETH to Binance, OKX, and Galaxy Digital, totaling about $124 million, at an average price of $3,966.
Binance Wallet will launch the Reveel (REVA) pre-release and airdrop event on August 14.
Binance Wallet will host a Reveel (REVA) pre-release event from 19:00 to 21:00 Beijing time on August 14, where users can order REVA tokens through an oversubscription model, with a maximum deposit of 3 BNB per person. Token distribution will be calculated based on the total deposits of all participants. The event aims to raise $200,000, with a total of 20 million REVA tokens available, accounting for 2% of the total supply, with a token price equivalent to $0.01 in BNB. The subscribed REVA tokens will have a lock-up period, with the specific circulation time determined by the project team. Additionally, the Booster program will airdrop an extra 40 million REVA, which users can participate in by completing tasks.
Potentially influenced by the upcoming Binance contract launch, AIO and XNY both rose over 20% temporarily.
According to Binance Alpha, potentially influenced by the upcoming Binance contract launch, AIO rose 25.78% temporarily, currently priced at $0.0919; XNY rose 20.16% temporarily, currently priced at $0.0172. Earlier news indicated that Binance added AIOUSDT and XNYUSDT perpetual contracts.
An unknown wallet has newly minted 100 million USDC on the Algorand network.
According to Whale Alert, at 17:06 Beijing time, an unknown wallet on the Algorand network minted 100,000,000 USDC, worth approximately $99,985,200.
