Taiwan’s luxury watchmaker Top Win International is making a bold pivot into Bitcoin, positioning itself as the “Chinese version of MicroStrategy.”

According to BlockBeats, on-chain analyst Ai Yi (@ai_9684xtpa) has reported that a cryptocurrency whale has withdrawn 79.34 WBTC and 1860 ETH, valued at $17.08 million, from an exchange during a market downturn over the past two hours. This move is suspected to be an attempt to buy the dip. Currently, the address holds BTC and ETH worth $153 million, all of which have been withdrawn from the exchange within the past week.

According to PANews, a notable transaction was observed involving the address 0x4ED...bC853, which withdrew 79.34 WBTC and 1860 ETH from an exchange within the last two hours. The total value of these assets is approximately $17.08 million, leading to speculation about potential market strategies. At the time of withdrawal, the price of WBTC was $115,410, while ETH was valued at $4,262. Currently, the address holds approximately $153 million worth of BTC and ETH, all of which were withdrawn from exchanges over the past week. This activity has attracted attention due to the substantial amount and timing, suggesting possible market positioning.

Justin Bons, founder of Cyber Capital, a cryptocurrency investment firm, has warned that the chances of Bitcoin (BTC) collapsing in the coming years remain high.  Bons pointed to diminishing block rewards, which are set to fall to 0.39 Bitcoin by 2036 under the current halving schedule.  At today’s prices, this would translate to an annual security budget of roughly $2 source: https://finbold.com/top-crypto-researcher-says-bitcoin-will-collapse-in-7-to-11-years/

Dogecoin price is down 5% in 24 hours to hover near $0. 22. The DOGE price movement is similar to that of most altcoins that are seeing profit-taking. Analysts are bullish on DOGE as whale accumulation continues source: https://coinjournal.net/news/dogecoin-price-falls-to-0-22-after-pattern-breakdown/

The firm is anticipating approval from Japan’s FSA later this year, bringing the token under the country’s stablecoin framework. source: https://decrypt.co/335585/jpyc-expects-to-secure-approval-for-japans-first-regulated-yen-backed-stablecoin

صوت مجتمع كيوبيك Qubic على جعل دوجكوين هدفه التالي، بعد أيام من ادعاء المجموعة السيطرة على أغلبية شبكة مونيرو Monero. وشارك مؤسس المشروع سيرجي إيفانشيغلو التحديث يوم أمس الأحد 17 أغسطس/ آب بعد هجوم ناجح على مونيرو، وأعلنت الأسبوع الماضي أن مجمع التعدين الخاص بها حقق هجوما بنسبة 51% على مونيرو. وأعادت المجموعة تنظيم ست … source: https://btcacademy.online/%d8%a8%d8%b9%d8%af-%d9%85%d9%88%d9%86%d9%8a%d8%b1%d9%88-%d8%af%d9%88%d8%ac%d9%83%d9%88%d9%8a%d9%86-%d8%a7%d9%84%d9%87%d8%af%d9%81-%d8%a7%d9%84%d8%aa%d8%a7%d9%84%d9%8a-%d9%84%d9%85%d8%ac%d9%85%d9%88/?utm_source=rss&utm_medium=rss&utm_campaign=%25d8%25a8%25d8%25b9%25d8%25af-%25d9%2585%25d9%2588%25d9%2586%25d9%258a%25d8%25b1%25d9%2588-%25d8%25af%25d9%2588%25d8%25ac%25d9%2583%25d9%2588%25d9%258a%25d9%2586-%25d8%25a7%25d9%2584%25d9%2587%25d8%25af%25d9%2581-%25d8%25a7%25d9%2584%25d8%25aa%25d8%25a7%25d9%2584%25d9%258a-%25d9%2584%25d9%2585%25d8%25ac%25d9%2585%25d9%2588

A solo Bitcoin (CRYPTO: BTC) miner solved an entire block on Sunday, earning a total reward of more than $360,000. source: https://www.benzinga.com/crypto/cryptocurrency/25/08/47179243/solo-bitcoin-miner-hits-jackpot-earns-360000-after-beating-heavy-odds?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

According to Foresight News, blockchain investigator ZachXBT has reported that the WhiteRock Finance engineer, rumored to have died in a missile attack, is still active on GitHub and Trello. ZachXBT sarcastically remarked that it seems like a miraculous resurrection. Previously, Foresight News reported that WhiteRock Finance founder Ildar Ilham was arrested by UAE law enforcement for alleged involvement in a $30 million Zkasino scam. He is set to be extradited to the Netherlands for this criminal case.

According to Foresight News, recent data from CryptoQuant indicates that Bitcoin's on-chain exchange flow remains relatively stable. In contrast, Ethereum is experiencing a noticeable and sustained influx of tokens into exchanges. This trend highlights differing dynamics between the two leading cryptocurrencies in the current market environment.

According to Cointelegraph, the non-fungible token (NFT) market has experienced a substantial loss in value, shedding over $1.2 billion in less than a week. This downturn coincides with a slowdown in Ether's rally, as sector data reveals. On Monday, NFT Price Floor data indicated that the total valuations of NFT collections fell to $8.1 billion, marking a 12% decrease from last Wednesday's market cap of $9.3 billion, which had previously surged by 40% since July. The sharp decline in NFT valuations aligns with a 9% drop in Ether (ETH) prices. At the time of reporting, Cointelegraph data showed ETH trading at $4,260, down from a peak of approximately $4,700 on Wednesday. Many NFTs are minted on the Ethereum network, and their valuations and sales are often denominated in ETH. Consequently, fluctuations in the crypto asset's value can significantly impact the NFT sector. As ETH decreased by 4% in the last 24 hours, most of the top 10 NFT collections also experienced a decline in value. CryptoPunks, which remains the leading collection by market capitalization, saw its value diminish by about $300 million. At the time of writing, the collection's market cap stood at $2.1 billion, reflecting a 12% decrease from its previous valuation of $2.4 billion on Wednesday. Data from CryptoSlam shows that the collection's sales volume reached $12.7 million, representing a 34% drop over the past seven days. Total sales amounted to 51, down 28% from the previous week. The Bored Ape Yacht Club (BAYC), previously ranked second in overall NFT market capitalization last Wednesday, fell to third place on Monday as its market cap declined to $482.3 million. This represents a nearly 20% drop compared to Wednesday's valuation of $602 million. Meanwhile, Pudgy Penguins climbed to the second-highest valuation despite losing around $100 million in overall value. On Monday, the collection's market cap reached $491 million, a 17% decrease from Wednesday's $591 million. Last week, BTCS Inc., a publicly-traded blockchain company, announced the addition of three Pudgy Penguins NFTs to its corporate digital asset treasury. This move indicates that companies are beginning to recognize blue-chip NFT collections as legitimate assets for treasury diversification.

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Taiwan’s WiseLink led a $10 million funding round for Nasdaq-listed Top Win International, helping the company buy Bitcoin and expand into digital assets. The deal makes WiseLink the first public Taiwanese firm to back a Bitcoin treasury strategy and aims to combine crypto holdings with cross-border business operations.

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