Matrixport: If the Bitcoin price is above $105,696, the overall trend remains bullish
Matrixport released today's market analysis, stating that at the current stage, it may still be too early and even more pessimistic to judge whether Bitcoin will fall back to the 21-week moving average of $105,696. However, we still consider this level as a reference for the key trend: if the price is above this level, the overall trend is still bullish; once it falls below, we need to be alert to bearish signals.
Aug 06, 2025
SBI Holdings Applies to Launch XRP and Bitcoin ETF in Japan
according to Be in crypto, Japan's financial services company SBI Holdings has submitted applications for two cryptocurrency-related exchange-traded funds (ETFs). The first fund is a cryptocurrency ETF that will directly invest in XRP and Bitcoin; the second fund is a digital gold cryptocurrency ETF that will combine gold-backed securities and digital currencies, with over 50% of the funds allocated to gold ETFs.
Aug 06, 2025
LD Capital founder: We expect interest rate cuts to begin in mid-August
Yi Lihua, founder of LD Capital, said, "Under the macro impact of US stocks and tariffs, ETH has been oscillating for a while. It is expected that after mid-August, it will start to usher in the market expectation of interest rate cuts in September. The bullish trend is undoubtedly, and all recent pullbacks are buying opportunities."
Aug 06, 2025
August 6th Midday Update: Key Developments at a Glance
7:00-12:00 Keywords: Federal Reserve, rate cut, Huang Renxun
Aug 06, 2025
Data: 64 Ethereum treasury entities hold over 3 million ETH, accounting for approximately 2.52% of the total supply
according to data from StrategicETHReserve, as of now, there are a total of 64 Ethereum reserve entities/companies with holdings of 100 or more ETH. The total ETH holdings of this group has exceeded 3 million coins, reaching approximately 3.04 million coins, accounting for about 2.52% of the total ETH supply, worth approximately $10.87 billion. The top three holders of ETH are Bitmine (833,100 coins), SharpLink Gaming (521,900 coins), and The Ether Machine (345,400 coins).
Aug 06, 2025
Ethereum Foundation Updates Expansion Progress: Mainnet Gas Limit Increased to 45 Million After Berlin Interop
the Ethereum Foundation has released a blog post updating the latest progress in "Scale L1/Expand L1" work, including the following 3 points:
Aug 06, 2025
USDJ protocol will terminate service on August 31st. Users are required to complete asset migration as soon as possible.
according to official sources, the USDJ protocol will officially terminate its services and initiate a delisting plan on August 31, 2025. To ensure the safety of user assets, the official announcement calls on all USDJ holders, collateral debt position (CDP) users, and JustLendDAO deposit and borrowing users to immediately handle their related positions, or exchange USDJ for stable tokens such as USDD to avoid insufficient liquidity or market volatility risks. This adjustment aims to optimize the allocation of ecological resources and promote the more efficient development of the decentralized financial system. Users are requested to complete the migration promptly and together welcome the upgrades and innovations of the next phase.
Aug 06, 2025
PUMP breaks through $0.0034, with a 24-hour increase of 8.2%
the market shows PUMP breaking through $0.0034, currently priced at $0.003395, with a 24-hour increase of 8.2%. The market is fluctuating significantly, please manage your risks.
Aug 06, 2025
BTC breaks through $114,000
the market shows BTC breaking through $114,000, now reporting $114,002.95, with a 24-hour decline of 0.38%. The market is fluctuating significantly, please manage risk control.
Aug 06, 2025
Pendle Team Launches Boros, a Financing Rate Trading Platform on Arbitrum
the Pendle team has launched the financing interest rate trading platform Boros on Arbitrum. Users can speculate and hedge the financing interest rates through this platform. It currently supports trading on Binance BTCUSDT and ETHUSDT financing interest rates, and plans to expand to more assets (such as SOLUSDT, BNBUSDT), more platforms (such as Hyperliquid, Bybit), more terms, and future revenue products. Boros uses Yield Units (YU) for trading, with each YU representing the yield of 1 unit of collateral asset until maturity, similar to Pendle's YT.
Aug 06, 2025
BitBridge to go public as Bitcoin Vault Company and launch BTC-backed loan products
according to an announcement released on Tuesday, BitBridge Capital Strategies will start trading under the stock code BTTL before the end of the third quarter and plans to subsequently list on the Nasdaq main board. This move is being pushed forward after completing a merger with Green Mountain Merger Inc.
Aug 06, 2025
Rumble CEO: Rumble Wallet, developed in partnership with Tether and Moonpay, is about to be launched
according to Cointelegraph, Rumble CEO Chris Pavlovski revealed that the company is about to launch the Rumble Wallet developed in collaboration with stablecoin issuer Tether and crypto payment service provider Moonpay.
Aug 06, 2025
CoinList to Launch PublicAI Token Sale on August 7
PublicAI is a Web3 data platform that builds the "AI Human Layer Protocol" (HumanLayerforAI). It was incubated by the Stanford Blockchain Accelerator and has received investments from the Solana and Near Foundations, raising a total of $10 million.
Aug 06, 2025
US spot Bitcoin ETFs saw a net outflow of $196.2 million yesterday
according to TraderT monitoring, the net outflow of the US spot Bitcoin ETF was $196.2 million yesterday.
Aug 06, 2025
Upbit will add PROVE Korean Won, BTC, and USDT trading pairs
according to official sources, Upbit has added PROVE Korean won, BTC, USDT trading pairs. Trading will be available from 3:00 pm local time on August 6.
Aug 06, 2025
Blur and Blast co-founded Pacman and announced the launch of new products
Blur and Blast co-founded Pacman replied to netizens' questions on the X platform, saying, "Thank you very much for your praise. Your ultimate victory is well-deserved. We look forward to showing you the products we are about to launch."
Aug 06, 2025
US spot Ethereum ETF saw a net inflow of $73.3 million yesterday
according to TraderT monitoring, the net inflow of US spot Ethereum ETF yesterday was 73.3 million US dollars.
Aug 06, 2025
Polymarket's JD Vance ranks first in the 2028 US presidential election probability with 28%.
according to official website information, the probabilities of winning the 2028 US presidential election on Polymarket are as follows:
Aug 06, 2025
ECB's Holzmann: Another rate cut is warranted
Holzman, a member of the European Central Bank's Governing Council, has reason to cut interest rates again.
Aug 06, 2025
A user lost over $3 million by signing a phishing transaction
according to Scam Sniffer monitoring, 6 hours ago, a user lost $3.05 million due to signing a phishing transaction.
Aug 06, 2025