Matrixport released a daily chart analysis, stating that the rapid expansion of stablecoins continues to drive the development of the cryptocurrency industry. Before Trump was elected in November last year, Tether's market value soared from $120 billion to $165 billion; Circle's market value also rose from $34 billion to $65 billion.

 according to @WhaleFUD's market news: LDA Capital has acquired 20 million shares of Norwegian Block Exchange, the largest bitcoin and cryptocurrency exchange in the Nordic region.

according to Coinglass data, 175 million USDT was detected transferring from an unknown wallet to Binance at 15:21 on August 13.

Pudgy Penguins disclosed that the Nasdaq-listed company BTCS has purchased 3 Pudgy Penguins NFTs for its treasury. BTCS's Ethereum reserve is valued at approximately $300 million.

according to Lookonchain monitoring, the mysterious group "7 Siblings" holds 1.21 million ETH ($5.6 billion) and is selling ETH. In the past 15 hours, "7 Siblings" sold 19,461 ETH ($88.2 million) at an average price of $4,532 per ETH. Earlier this year, they had bought 103,543 ETH ($2.297 billion) between February 3 and April 7 at a price of $2,219 per ETH.

according to Onchain Lens monitoring, Abraxas Capital holds short positions in BTC, ETH, SOL, HYPE, and SUI in two different wallets, currently facing a floating loss of 2.4478 billion US dollars. Most of the losses come from ETH, totaling over 1.887 billion US dollars.

 the Swedish listed company H100 Group has completed a private placement, raising approximately SEK 65.3 million (USD 6.84 million). The issue price is SEK 7.94 per share. Since launching the Bitcoin Treasury strategy, the company has raised a total of approximately SEK 1.181 billion (USD 124 million).

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CryptoQuant analyst CryptoOnchain stated that the price of Ethereum is approaching its all-time high, with trading volume also reaching a new high. Ethereum's network activity has surged to unprecedented levels, with daily transactions reaching around 1.875 million, setting a new record.

7:00-12:00 Keywords: IP, Odin, TOWNS

according to the official announcement, Binance Alpha will list TCOMGlobal (TCOM) on August 15th. Eligible users can go to the Alpha activity page to receive airdrops using Binance Alpha points after Alpha trading is opened. Specific details will be announced separately.

according to Onchain Lens monitoring, a whale that had been silent for 2 years transferred 290,000 LINK from Binance 19 minutes ago, worth approximately $7.08 million.

On August 13th, odin.fun co-founder responded to the previous theft incident on the X platform, stating "A major vulnerability was discovered in its latest liquidity AMM (Automated Market Maker) update. Some malicious users (mainly associated with criminal gangs in China) exploited this vulnerability to steal a large amount of BTC from the platform. The specific amount of BTC lost is still being assessed, and the company's funds are insufficient to cover the losses. The remaining funds on the platform are secure. We have identified several groups that have profited from this vulnerability and will pursue them and file lawsuits (especially considering the amount of evidence we have, including the activity in their wallets)."

according to Onchain Lens monitoring, "Brother Ma Ji" Huang Licheng has closed his ETH and HYPE long positions, with a total profit of 33.83 million US dollars.

according to the latest data from Coingecko, the market value of Ethereum has exceeded 550 billion US dollars, currently reaching 557,560,207,678 US dollars, with a 24-hour increase of 7.9%, hitting a new high since November 2021. In addition, the current ETH price has reached $4,625.28, with a trading volume of $56,292,437,815 in the past 24 hours, and the total liquidation amount for long and short positions has reached $271 million, with the main liquidation being short positions.

 according to on-chain analyst Ai Yi (@ai_9684xtpa), Arthur Hayes added $1.46 million worth of ENA, and has invested a total of $11.258 million in purchasing $ETH ecosystem tokens since 08.10.

 according to BelTA, the National Bank of Belarus has prepared a series of government decisions aimed at breaking through the cryptocurrency market in Belarus. Belarusian Prime Minister Roman Golovchenko reported to President Alexander Lukashenko that they have made specific proposals to include cryptocurrencies and digital financial assets in financial policy. These proposals have received preliminary support from the president, and specific draft regulations are also ready. Lukashenko asked for opinions on how to further develop Belarus's relatively lagging cryptocurrency market while listening to the report.

Anatoly Yakovenko, co-founder of Solana Labs, has successfully evaded being served with a lawsuit against him by Pump Fun nine times. The lawsuit accuses him of involvement in the fraudulent "casino" business of the meme coin platform.

 Nomura's economists predict that the Federal Reserve will start cutting interest rates in September due to a weak labor market and reduced inflation risks, with the first rate cut expected to be 25 basis points, followed by one cut each in December and March of the following year. Although the median expectation of analysts is a 25 basis point rate cut in the next three months, economists have differing views on the timing of the rate cuts.

 Nakamoto CEO David Bailey said he never believed that US President Donald Trump changed his stance on Bitcoin (BTC) because he or his family could profit from cryptocurrency.