#CPI数据来袭 Good news for the crypto circle 🧧🧧🧧🧧🧧🧧8888 The data released by the U.S. Bureau of Labor Statistics on August 12 shows that the U.S. July CPI rose 0.2% month-on-month, in line with market expectations, and slowed from the 0.3% increase in June; it rose 2.7% year-on-year, unchanged from June and below the market expectation of 2.8%.
Excluding the more volatile food and energy prices, the core CPI rose 0.3% month-on-month in July, matching expectations; the year-on-year increase reached 3.1%, higher than the expected 3.0%, hitting a new high since February.
From the perspective of specific components:
- Housing: The housing index rose 0.2%, with the owner’s equivalent rent index and the rent index both rising 0.3%, while the lodging index fell 1.0%. - Healthcare: The healthcare index grew 0.7%, dental services index grew 2.6%, hospital and related services index grew 0.4%, physician services index rose 0.2%, and the prescription drug index fell 0.2%. - Transportation: The airline ticket price index rose 4.0%. - Others: The entertainment index, household goods and operations index all grew 0.4%, the used cars and trucks index rose 0.5%, personal care index rose 0.4%, the new car index remained unchanged, and the communication index fell 0.3%.
$BTC $ETH $BNB 📊 Market Overview & Macroeconomic Triggers: • Bitcoin slips 2.2% to around $118,949, extending its decline from the mid July all time high of over $123,000. Solana and XRP also dropped, while Ethereum bucked the trend with a 1.5% gain. This market movement appears tied to cautious sentiment ahead of the U.S. CPI data release. • Traders are anxiously awaiting the July CPI data, which is expected to impact Federal Reserve policy direction. Elevated inflation could delay rate cuts and pressure the crypto market further. 🏛️ Institutional Inflows & Market Dynamics: • Spot Ethereum ETFs surged, seeing a record $1.019 billion in net inflows, led by BlackRock’s $640 million contribution. Cumulative inflows now exceed $10.8 billion. • The broader crypto market cap rose slightly by 2% to about $4.03 trillion, with Ethereum and Bitcoin holding gains even as futures open interest slipped. Notably, DeFi protocol Ethena surpassed $11.9 billion in total value locked (TVL). • CoinDesk flags a potential “double top” formation for Bitcoin, as bulls failed to break above $122K again an early technical sign of possible reversal. ⚖️ Corporate & Legal Developments: • Circle Internet Group announced a first post IPO net loss of $482 million, mainly due to stock-based compensation and convertible securities adjustments. Despite this, revenue jumped 53% year over year. The business still faces interest rate risks and competition in the stablecoin space. • Do Kwon, founder of Terraform Labs, is reportedly facing U.S. fraud charges related to a $40 billion collapse tied to TerraUSD and Luna. He is expected to plead guilty. • Following the recent GENIUS Act, major firms like Bank of America, Citigroup, Walmart, and Amazon are exploring launching their own dollar backed stablecoins. However, experts note that technical, strategic, and regulatory hurdles remain.
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GM🦊 🚨 Russian Hackers Steal $1M in Crypto via Firefox Extensions GreedyBear stole >$1M in 5 weeks using 150 malicious Firefox extensions & phishing sites. Targets: MetaMask, Exodus, Rabby, TronLink. Tactics: Extension Hollowing, fake reviews & malicious files on pirated software sites.
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Ethereum ecosystem shows significant recovery trend in 2025
Technological upgrades and scalability breakthroughs The Pectra upgrade completed in May introduced 11 EIPs, including EIP-7702 which enables temporary programmable account functionality, supporting batch transactions and Gas fee sponsorship. Layer 2 networks daily merged TPS surpassed 50, processing millions of transactions per day, with locked amounts in Arbitrum, Optimism, etc., exceeding 10 billion USD, and throughput has surpassed the mainnet. Sharding technology and dynamic Blob scheduling mechanisms optimized data availability, shifting the mainnet load to Layer 2, significantly reducing transaction fees.
DeFi and Restaking explosion DeFi TVL reached 62.59 billion USD (YoY +30%), accounting for over 53% of the global total, with leading protocols like Lido and Aave dominating the market. The Restaking ecosystem size reached 19.96 billion USD, with ETH occupying 76% of the share, and improved staking efficiency attracting institutional participation, such as Harvard's endowment fund increasing its holdings in BlackRock's Bitcoin ETF, indirectly boosting market confidence.
Structural recovery of the NFT market Although trading volume declined month-on-month, the number of transactions surged by 78% to 12.5 million, with the number of unique buyers increasing by 44%, as the market shifts from speculation to practicality. Blue-chip projects like CryptoPunks and BAYC saw price rebounds, while emerging projects like Pudgy Penguins achieved a 13% increase in floor price through ecosystem expansion, reflecting enhanced community consensus.
Support from developers and node networks Ethereum maintains the largest developer community, with the number of new developers in 2024 being three times that of Polygon and four times that of Solana, as innovation logic migrates to Layer 2 (Base accounts for 25% of EVM innovation). The global number of nodes exceeds 8,665, with over 70% in the US and China, further solidifying network security and decentralization.
Price and market sentiment resonance In August, Ethereum's price broke through 4,300 USD, reaching a new high since the end of 2021, with a 24-hour increase of over 8%, and a total market capitalization of 500 billion USD, creating a positive cycle between institutional capital inflows and technological upgrade expectations. ✨✨
The strong crypto environment brought by #ETH走势分析 leads to a powerful 8888🧧🧧🧧🧧🧧🧧🧧🧧🧧🧧 Ethereum's recent performance is strong, with prices rising significantly, reaching a new high since the end of 2021. In the long term, driven by factors such as technical upgrades and market demand, it also has potential for price increases. The specifics are as follows:
- Short-term performance: On August 10, the price of Ethereum broke through $4300, with a daily increase of over 2.4%. On August 9, Ethereum surpassed $4200, with an increase of over 8% within 24 hours, and the total market value exceeded $500 billion. - Mid-term performance: As Ethereum completes the Danksharding upgrade and expectations for spot ETF approval heat up, the price of Ethereum in 2025 is receiving widespread market attention. Some institutions predict that Ethereum may experience a historic surge in Q4 2025, possibly even breaking $20,000, but this process may involve volatility. - Long-term performance: In the long term, Ethereum has broad development prospects. As the technical upgrades of Ethereum 2.0 gradually advance, its performance will significantly improve, attracting more developers and users. At the same time, the launch of enterprise-level privacy computing protocols will create trillion-dollar-level B-end demand. Under the Federal Reserve's interest rate cut cycle, the safe-haven attributes of crypto assets are strengthened, and these factors may drive up Ethereum's price. However, Ethereum faces technical risks during the upgrade process and may be subject to stricter regulations, which could negatively impact its price.
The strong crypto environment brought by #ETH走势分析 leads to a powerful 8888🧧🧧🧧🧧🧧🧧🧧🧧🧧🧧 Ethereum's recent performance is strong, with prices rising significantly, reaching a new high since the end of 2021. In the long term, driven by factors such as technical upgrades and market demand, it also has potential for price increases. The specifics are as follows:
- Short-term performance: On August 10, the price of Ethereum broke through $4300, with a daily increase of over 2.4%. On August 9, Ethereum surpassed $4200, with an increase of over 8% within 24 hours, and the total market value exceeded $500 billion. - Mid-term performance: As Ethereum completes the Danksharding upgrade and expectations for spot ETF approval heat up, the price of Ethereum in 2025 is receiving widespread market attention. Some institutions predict that Ethereum may experience a historic surge in Q4 2025, possibly even breaking $20,000, but this process may involve volatility. - Long-term performance: In the long term, Ethereum has broad development prospects. As the technical upgrades of Ethereum 2.0 gradually advance, its performance will significantly improve, attracting more developers and users. At the same time, the launch of enterprise-level privacy computing protocols will create trillion-dollar-level B-end demand. Under the Federal Reserve's interest rate cut cycle, the safe-haven attributes of crypto assets are strengthened, and these factors may drive up Ethereum's price. However, Ethereum faces technical risks during the upgrade process and may be subject to stricter regulations, which could negatively impact its price.
The strong crypto environment brought by #ETH走势分析 leads to a powerful 8888🧧🧧🧧🧧🧧🧧🧧🧧🧧🧧 Ethereum's recent performance is strong, with prices rising significantly, reaching a new high since the end of 2021. In the long term, driven by factors such as technical upgrades and market demand, it also has potential for price increases. The specifics are as follows:
- Short-term performance: On August 10, the price of Ethereum broke through $4300, with a daily increase of over 2.4%. On August 9, Ethereum surpassed $4200, with an increase of over 8% within 24 hours, and the total market value exceeded $500 billion. - Mid-term performance: As Ethereum completes the Danksharding upgrade and expectations for spot ETF approval heat up, the price of Ethereum in 2025 is receiving widespread market attention. Some institutions predict that Ethereum may experience a historic surge in Q4 2025, possibly even breaking $20,000, but this process may involve volatility. - Long-term performance: In the long term, Ethereum has broad development prospects. As the technical upgrades of Ethereum 2.0 gradually advance, its performance will significantly improve, attracting more developers and users. At the same time, the launch of enterprise-level privacy computing protocols will create trillion-dollar-level B-end demand. Under the Federal Reserve's interest rate cut cycle, the safe-haven attributes of crypto assets are strengthened, and these factors may drive up Ethereum's price. However, Ethereum faces technical risks during the upgrade process and may be subject to stricter regulations, which could negatively impact its price.
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