8.15 Morning Report
1. BTC is currently back around 118,000 after a drop influenced by data; this position is receiving high attention;
2. ETH is just a step away from its historical high (ATH), potentially similar to the previous breakthrough at 4,000, currently digesting high leverage pressure;
3. SOL reached a high of 210 yesterday, then dropped to 186 along with the market, making it one of the leading mainstream coins in terms of volatility;
4. Coinbase announced that it has completed the acquisition of the crypto options trading platform Deribit;
5. KULR released its Q2 financial report: quarterly revenue of $397 million, mainly benefiting from the rise in Bitcoin;
6. A former employee of Pump.fun admitted to abusing power to commit fraud and transfer criminal assets;
7. Citibank plans to expand its stablecoin custody and payment services;
8. The U.S. imposed sanctions on Russia's crypto payment network, involving ruble-backed stablecoins and related exchanges;
9. The U.S. SEC will delay its decision on the Solana ETF proposals submitted by Bitwise and 21Shares until October;
10. Nakamoto, under David Bailey, completed the Bitcoin treasury merger with KindlyMD;
11. Dinari launched a dedicated chain based on Avalanche, integrating a multi-chain stock token settlement system;
12. The U.S. State Department: The State Department and the Treasury are taking action against the Russian cryptocurrency exchange Garantex;
13. Tom Lee stated: Today's PPI data has limited impact; every drop since the end of 2022 has been a buying opportunity;
14. Federal Reserve's Musalem said: A 50 basis point rate cut does not align with the current economic conditions and data.
