MarsBit News

According to Mars Finance news and Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0075%. Among the mainstream exchanges, the rate on Binance is 0.0047%, OKX is 0.0098%, and Bybit is 0.01%.

According to Mars Finance news on August 2, the cryptocurrency market continues to decline. Bitcoin briefly fell below $113,000 this morning, hitting a low of $112,722, while Ethereum dropped to a low of $3,431. The specifics are as follows: BTC 24-hour decline of 1.86%, currently priced at $113,574; ETH 24-hour decline of 5.56%, currently priced at $3,489; ETHFI 24-hour decline of 9.23%, currently priced at $0.957; OMNI 24-hour decline of 8.12%, currently priced at $4.3; CFX 24-hour decline of 8%, currently priced at $0.1934; CRV 24-hour decline of 7.05%, currently priced at $0.8761; 1000CAT 24-hour decline of 6.65%, currently priced at $0.00899.

Mars Finance news, on August 2, according to Coinglass data, the total liquidation in the past 24 hours reached 950 million USD, with long positions liquidated at 858 million USD and short positions liquidated at 91.36 million USD. A total of 202,084 people were liquidated globally, with the largest single liquidation occurring on the Binance platform for the ETHUSD contract trading pair, valued at 13.7912 million USD.

Mars Finance news, according to PRNewswire, Bitcoin ATM operator Localcoin announced the expansion of cryptocurrency accessibility, now supporting Solana (SOL), allowing users to purchase directly with cash, but users must have a compatible Solana wallet ready.

Mars Finance reports that on August 2, according to on-chain data analyst Yu Jin's monitoring, the [Four-War ETH 75% Win Rate Whale] continued to increase its short position by 20,000 ETH three hours ago. This address has currently made a floating profit of 7.5 million from shorting ETH. It is reported that this address shorted 20,000 ETH at a price of $3,843 on July 28, and this morning it further increased its short position by shorting another 20,000 ETH at a price of $3,535. Currently, its position status: 15x short 40,000 ETH, position value $140 million, opening price $3,689, liquidation price $3,717.

According to Mars Finance news, on August 2, data from Rockflow shows that U.S. stocks closed significantly lower on Friday, with the Dow Jones down 1.23%, the S&P 500 down 1.6%, and the Nasdaq down 2.24%. Cryptocurrency-related stocks plummeted, with declines even surpassing those of altcoins in the native cryptocurrency market. Among them: Coinbase (COIN) down 16.70%, trading volume $10.053 billion; Circle (CRCL) down 8.40%, trading volume $2.226 billion; Strategy (MSTR) down 8.77%, trading volume $8.197 billion; Galaxy Digital (GLXY) down 5.40%, trading volume $0.257 billion; MARA Holdings (MARA) down 3.61%, trading volume $0.673 billion; Riot Platforms (RIOT) down 17.75%, trading volume $0.568 billion; BTCS (BTCS) down 11.16%, trading volume $2.1351 million; Bit Digital (BTBT) down 6.53%, trading volume $5.59342 million; SharpLink Gaming (SBET) down 8.88%, trading volume $0.520 billion; Bitmine Immersion (BMNR) down 8.55%, down 2% after hours, trading volume $0.979 billion. CEA Industries (VAPE) plummeted 21.17% (having already fallen 23.87% yesterday), trading volume $1.14303 million.

According to Mars Finance, on August 2, Trump stated in an interview with Newsmax that he would "not hesitate to fire Federal Reserve Chairman Powell," but also noted that "firing Powell would disrupt the market"; he criticized that "the Federal Reserve's interest rates are too high," and indicated that Powell "is very likely" to continue serving as chairman. (Jin Shi)

According to Mars Finance news on August 2, on-chain data analyst Yu Jin monitored that the 'ETH version of MicroStrategy' SharpLink (SBET) transferred 53 million USDC to Galaxy Digital's address in the past 7 hours, and then received 14,933 ETH about 2 hours ago, with a purchase price of approximately $3,550. After receiving the ETH, they transferred 55.56 million USDC back to Galaxy Digital to continue purchasing ETH. The total expenditure amounted to $108 million. Since SharpLink Gaming began reserving ETH in early June using the MicroStrategy operational model, they have accumulated a total of 464,000 ETH, now valued at $1.62 billion. The average purchase price is approximately $3,029, currently showing a floating profit of $214 million.

Mars Finance news, on August 2, according to on-chain analyst Ai Yi (@ai_9684xtpa), as the market continues to decline, "insider trader" @qwatio's BTCÐ double short position has gained a profit of 5.859 million USD.

Mars Finance news, on August 1, according to official news, the stablecoin protocol Resupply announced that the $10 million bad debt has now been fully repaid. Among them, the $8.8 million bad debt related to the recent security vulnerability has been repaid first. The remaining $1.13 million bad debt was covered by a loan obtained from yearn, and will be gradually repaid through the profits generated by the RSUP staked in Convex and Yearn Finance. As of now, all bad debts have officially been cleared.

According to Mars Finance, Bitwise Chief Investment Officer Matt Hougan stated that the probability of the Federal Reserve lowering interest rates by 25 basis points in September has risen from 37.7% to 81.9%, according to the CME FedWatch tool.

According to Mars Finance, on August 1, the U.S. labor data supports calls for monetary easing, causing U.S. Treasury yields and the dollar to drop. Meanwhile, previous data was significantly revised down: the number of new jobs in May was revised down from 144,000 to 19,000, and in June, it was revised down from 147,000 to 14,000. Before the employment report was released, dissenting Federal Reserve governors Waller and Bowman indicated signs of weakness in the labor market. The stock market plummeted due to the employment data. (Golden Ten)

According to Mars Finance, on August 1, The Miner Mag reported that the Bitcoin mining company American Bitcoin Corp (ABC), supported by the Trump family, is about to complete a secret merger with Gryphon Digital Mining and go public on NASDAQ. On July 31, Gryphon submitted a proxy statement related to the merger to the U.S. Securities and Exchange Commission (SEC), officially scheduling the shareholder vote for August 27. Meanwhile, the SEC has announced the effectiveness of the S-4 registration statement for the transaction, marking that regulatory approval is in place and paving the way for the merger deal.

According to Mars Finance, on August 1, the U.S. Bureau of Labor Statistics stated that the non-farm payrolls for May were revised down from 144,000 to 19,000; the non-farm payrolls for June were revised down from 147,000 to 14,000. After revisions, the total number of new jobs for May and June is 258,000 lower than before the revisions.

Mars Finance reports that according to @ai_9684xtpa's monitoring, the insider trader increased their ETH short position to 11,111.11 coins (valued at approximately 40.25 million USD) half an hour ago. Currently, the total value of the short positions in both BTC and ETH exceeds 168 million USD. An evening drop has resulted in a floating profit of over 3.24 million USD on their positions.

According to Mars Finance, on August 1, Bloomberg ETF senior analyst Eric Balchunas posted on social media that ARKK attracted $800 million in a single day - setting a record for the largest single-day inflow in history. This is likely due to the fact that the fund has surged 50% over the past three months, which is double the increase of SPY, QQQ, and IBIT. ARKW saw an inflow of $150 million, and the total inflow for the entire ARK series of funds approached $1 billion in a single day.

According to Mars Finance, data from Coinglass shows that a total of 52.8867 million USDT has entered mainstream exchanges in the past hour.

According to a report by Cointelegraph, U.S. Treasury Secretary Yellen stated, "We are exploring new possibilities for decentralized computing and digital payments aimed at unlocking the potential of blockchain technology."

According to Mars Finance news, on August 1, Whale Alert monitored that an address holding 306 BTC (approximately 35.16 million USD) has just been activated after 12.4 years of dormancy.

Mars Finance News, on August 1, the U.S. non-farm payroll employment for July, seasonally adjusted, is 73,000, with an expectation of 110,000. (Jin Ten)