Paul Ashworth, a macroeconomist at Capital Economics, wrote that President Trump's nomination of his economic advisor Stephen Moore to the Federal Reserve Board is a good choice. Moore will currently fill a vacancy on the Federal Reserve Board in the short term, but Ashworth said he may be renominated, especially if he leans towards the rate cuts strongly supported by Trump. This move is "a welcome surprise."

 Bank of America said that money market funds saw the largest inflow of funds since January, while inflows into investment-grade bond and high-yield bond funds hit a new high since June 2020. According to EPFR Global data cited by Bank of America, in the week ending August 6: Cash assets attracted $106.7 billion, bonds attracted $28.5 billion; gold saw outflows of $2 billion, cryptocurrencies saw outflows of $19 billion, the largest single-week outflow since March; stock market outflows were $41.7 billion, but this was entirely driven by the exceptional redemption outflows of three UK-registered funds on July 31.

 according to OnchainLens monitoring, a whale deposited 1,383 ETH worth $5.39 million into CEX after eight months of silence, making a profit of $4.32 million. The whale initially withdrew 2,768 ETH worth $6.45 million and still holds 1,384 ETH worth $5.39 million.

according to the on-chain analysis platform Lookonchain, the whale BnwZvG withdrew 55,664 SOL (approximately $9.72 million) from the Binance exchange in the past 24 hours and transferred the funds to the Kamino platform.

Francesco Pesole, an economist at the Dutch International Group, stated in a report that the US dollar only weakened slightly after Trump nominated Stephen Moore to fill the vacancy on the Federal Reserve Board. Moore has previously criticized the Fed on interest rate issues and called for a comprehensive reform of the Fed. He will temporarily fill this position until his term expires in January next year. Reports suggest that Fed Governor Warsh is a leading candidate to replace Fed Chair Powell, which has offset this impact. Compared to another potential candidate Kevin Hassett, his stance on interest rate issues is more moderate.

 according to the data of the Hong Kong stock market, as of the close of trading today, the trading volume of 6 Hong Kong virtual asset ETFs was 39.81 million Hong Kong dollars. Among them: the trading volume of Huaxia Bitcoin ETF (3042.HK) was 10.75 million Hong Kong dollars, the trading volume of Huaxia Ethereum ETF (3046.HK) was 19.32 million Hong Kong dollars, the trading volume of CSOP Bitcoin ETF (3439.HK) was 1.44 million Hong Kong dollars, the trading volume of CSOP Ethereum ETF (3179.HK) was 4.33 million Hong Kong dollars, the trading volume of Bosera HashKey Bitcoin ETF (3008.HK) was 1.24 million Hong Kong dollars, and the trading volume of Bosera HashKey Ethereum ETF (3009.HK) was 2.73 million Hong Kong dollars.

On August 8th, DDC Enterprise Limited (NYSE: DDC) announced a partnership with Galaxy Digital to enhance its corporate Bitcoin treasury management. Galaxy's institutional trading services and infrastructure will be integrated into DDC's operations, providing deeper liquidity, secure execution, and regulated custody for DDC's digital asset reserves.

due to the increase in the amount of ETH pledged and the support of regulatory agencies for liquidity mining, the transaction volume on the Ethereum network has reached a historical high. The U.S. Securities and Exchange Commission clarified that certain liquidity mining activities are not considered securities, sparking interest from institutions. Driven by the increase in corporate pledges and treasury holdings, the price of Ethereum has surged by 163% since April. Earlier this week, the average daily transaction volume on the blockchain reached 1.74 million transactions, surpassing the historical record of 1.65 million transactions set on May 12, 2021.

 Galaxy Digital, a Nasdaq-listed digital asset management institution, announced that it has become the asset manager of Mill City's SUI and participated in the $450 million private placement financing for the launch of its SUI treasury strategy. It is reported that Galaxy will also provide liquidity and SUI pledge strategies.

Crypto Quant analysts stated that the price of Bitcoin is currently at $117,700 for the 1-week to 1-month period, while the market price is $116,000, still in the accumulation range. Based on the smart investment strategy of the realized price, it is recommended to consider building positions when the price is below the realized price. This strategy involves hourly dollar-cost averaging when the price is below the realized price range, and once the price breaks through the realized price threshold, it may be considered to gradually take profits.

according to the official announcement, Binance has completed the integration of GUNZ (GUN) on the Solana network and has now opened deposit and withdrawal services.

according to the official announcement, Binance announced that the Binance Alpha platform will launch SatLayer (SLAY) on August 11. Eligible users can receive airdrops using Binance Alpha Points through the Alpha Events page after the trading opens. For specific details, please refer to the official announcement.

 according to on-chain analyst @ai_9684xtpa monitoring, a certain multi-signature address deposited 9000 ETH to Kraken 10 minutes ago, worth 35.29 million US dollars, suspected of selling. The address has frequent interactions with block builders Beaver Builder and Titan Builder, currently holding 18,098.87 ETH (about 70.28 million US dollars), most of which are staked in Eth2.

Animoca Brands, Standard Chartered Bank (Hong Kong) Limited, and Hong Kong Telecom have established a joint venture named Anchorpoint Financial Ltd. The goal is to seek a stablecoin issuer license in Hong Kong. The three-party partnership structure of Anchorpoint reveals how stablecoin infrastructure requires expertise spanning traditional banking, blockchain technology, and telecommunications networks. Standard Chartered Bank brings traditional banking compliance and reserve management capabilities, Animoca Brands contributes Web3 ecosystem knowledge through operating blockchain projects such as The Sandbox, and HKT provides the crucial telecommunications infrastructure for payment processing. This partnership reflects the multi-dimensional technological and regulatory challenges of stablecoin issuance, challenges that go far beyond simple cryptocurrency creation.

Binance Alpha is the first platform to launch Sidekick (K), and Alpha trading will start at 07:00 (UTC) on August 8, 2025.

 Binance Alpha will launch BabySharkUniverse (BSU) on August 9th. Eligible users can claim airdrops on the Alpha activity page using Alpha points after trading opens. More details will be announced soon.

On August 8th, according to the official announcement from AB DAO, AB has officially launched on Kraken on local time August 7th. Currently, users can make deposits and place limit orders (orders are not yet matched). Official trading will start on August 8th, at which time the AB/USD and AB/EUR trading pairs will be fully launched, and users can directly use US dollars and euros for purchases.

On August 8th, the derivative agreement Superp Foundation stated that 2% of the tokens allocated for community airdrops during the Token Generation Event (TGE) have been distributed in the first phase, with the remaining 3% set to be unlocked and distributed all at once next week (starting on August 12th). The claiming page is expected to go live on August 12th, and users can access it through official channels.

Matrixport released a weekly report analysis stating, "The market has recently entered a correction phase, with Bitcoin's momentum weakening, and funding and trading activity cooling off in sync. Trading volume is shrinking, funding rates are staying low, and market structure is becoming looser.

according to the chain data tracking service WhaleAlert, around 15:28 Beijing time in the morning, 579 BTC (worth about $67,713,239) was transferred from Kraken to an unknown wallet.