8.19 Morning Report

1. BTC went around in circles, but was ultimately brought down by ETH in the morning, and the rebound also followed ETH;

2. ETH is undoubtedly the leader of this wave, driving the entire market along, even BTC cannot stand alone;

3. On-chain activities in SOL have become dull, the outcome of the platform war has reached this point, directly pausing the wealth effect;

4. The Solana meme coin's launch in the platform war has reversed again, as LetsBonk collapses, Pump takes the lead, with market share exceeding 90% once again;

5. After Trump signed the GENIUS stablecoin bill into law, the U.S. Treasury Department issued a public consultation on illegal activities;

6. Hackers are spreading Lumma Stealer by using fake CAPTCHA to steal crypto wallets;

7. CICC: The Federal Reserve will remain cautious in its interest rate cut decisions and will not cut rates significantly;

8. Bitdeer’s mining revenue increased by 43% in the second quarter, with Bitcoin holdings rising to $175 million;

9. Saylor relaxes financing restrictions, Strategy Inc. allows issuing common stock below the premium threshold, will ATM also be opened?

10. The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Bitcoin and Ethereum ETFs for Truth Social, as well as funds for XRP and Litecoin;

The exchange's approach, especially for altcoins, can only chase high prices; bottom-fishing is not very feasible, especially not being able to make up for the rise, spending a lifetime catching up on the rhythm. #加密市场回调 #Strategy增持比特币 #山寨季何时到来？ #币安钱包TGE #美联储取消创新活动监管计划 $BTC $ETH $BNB