1. Altcoin season is stirring, with BTC's market share dropping to 60.5%, while altcoin market capitalization has increased by 15.44% in the past week.

2. According to official news, Chainlink has reached a cooperation with the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, to bring foreign exchange and precious metal pricing data onto the blockchain network.

3. El Salvador recently passed the Investment Banking Act, which establishes an independent regulatory framework for investment banks, distinct from commercial lending institutions, paving the way for Bitcoin investment banks.

4. The LayerZero Foundation proposes to acquire Stargate for $110 million. According to the proposal, the STG token will be terminated, and holders can exchange STG for LayerZero's native token ZRO at a rate of 1:0.08634. A 70% support rate is required for the vote to pass. Once the proposal is approved, Stargate DAO will be dissolved, and its business will merge into the LayerZero Foundation.

5. The world's largest asset management company BlackRock clearly stated on August 9 that it currently has no plans to apply for the issuance of XRP or SOL ETFs. This statement came after the conclusion of Ripple's years-long lawsuit with the US Securities and Exchange Commission (SEC).

6. Bitwise executives: The Ivy League in the US is fully betting on BTC, which may bring more capital inflows. As leading university institutions in the US, their adoption of cryptocurrency sends a clear signal, prompting other universities' endowment funds to begin adopting similar investment strategies.

7. JD Technology Group recently launched recruitment for a stablecoin on-chain activity planning position, primarily responsible for formulating and executing the on-chain growth strategy for stablecoins, analyzing on-chain data to optimize market strategies, expanding cooperation with DeFi protocols, DEX, lending platforms, and other ecosystem partners, and planning and executing market activities. This position also requires collaboration with Web3 industry resources to expand the reach of activities and enhance brand influence.

8. According to Token Unlocks data, this week APT, ARB, AVAX, Sei, Solayer, Starknet, IO and other tokens will see substantial unlocks.

9. FactSet: So far this quarter, the number of mentions of 'economic recession' in US earnings calls has been 16, down from 124 in the first quarter and below the 10-year average of 61. However, the unemployment rate for US graduates aged 20-24 has averaged 8.1% over the past three months, the highest level in four years.

10. Bitunix Analyst: Moody's warns that more than half of industries show signs of layoffs, increasing risks of economic turning points and rising recession concerns. Closely monitor the CPI and Moody's subsequent reports announced tomorrow, as macro surprises could instantly change market direction. BTC surges into a high-density supply zone, with operations primarily focused on risk control and equal batch trading.

11. Bloomberg: Arbitrage trading is making a comeback among emerging market investors, as bets are placed that the Fed will begin cutting rates next month, weakening the dollar and stimulating interest in high-yield currencies.

This week's heavyweight macro: CPI and PPI data will be released together, and a 'crypto-friendly' new Fed governor may take office, revealing the market direction soon. The specific schedule of important events is as follows:

August 12 (Tuesday)

12:30 Reserve Bank of Australia interest rate decision.

20:30 US July Consumer Price Index (CPI) data.

22:00 Richmond Fed President Barkin speaks.

August 14 (Thursday)

01:30 Bank of Canada releases monetary policy meeting minutes.

01:30 Multiple Federal Open Market Committee (FOMC) members speak.

20:30 US July Producer Price Index (PPI).

20:30 US Initial Jobless Claims for the week.

August 15 (Friday)

20:30 US July Retail Sales MoM