According to BlockBeats On-chain Detection, prominent investor Huang Licheng, also known as 'Machi Big Brother,' has seen his total unrealized losses expand to $5.1 million. While his long positions in Bitcoin (BTC) and HYPE are currently profitable, his Ethereum (ETH) long position has incurred a substantial unrealized loss of $5.14 million. This development highlights the volatility and risks associated with cryptocurrency investments.

According to BlockBeats, Bitcoin reached a new peak this week, surpassing $123,000 and exceeding July's high. This surge is driven by institutional buying, corporate financial allocations, supportive U.S. policies, and accumulating gains at the sovereign level. This trend aligns with the prediction by global financial advisory giant deVere Group, which forecasts Bitcoin could reach $150,000 by the end of 2025. As the world's largest cryptocurrency, Bitcoin has risen over 31% since the beginning of the year, marking a 60% increase from the market low in April. Key factors contributing to this rise include unprecedented inflows into U.S. spot Bitcoin ETFs, several major publicly traded companies incorporating Bitcoin into their balance sheets, and Bitcoin-friendly policies from U.S. President Donald Trump's administration. Additionally, profits from government-held Bitcoin investments have played a role. Nigel Green, founder and CEO of deVere Group, noted that multiple strong forces are converging to push Bitcoin to new records. "Institutional capital is flowing into spot ETFs at record levels. Public companies are viewing Bitcoin as a strategic reserve asset. The White House is actively supporting this asset class. Sovereign nations have already profited from their Bitcoin investments. These are not isolated events but part of a systemic shift in the global financial system," Green stated.

카나리아 캐피탈이 델라웨어에 최초의 트럼프 밈코인 ETF를 등록하며 월스트리트에서 10억 달러 규모의 펀드 경쟁이 시작되었습니다. source: https://ko.spaziocrypto.com/mimkoin/teureompeu-memkoin-etf-weolseuteuriteu-jincul/

Once a punchline among NFT fans, Moonbirds are flying high again. Here's why holders are feeling "birbish" right now. source: https://decrypt.co/335470/moonbirds-nfts-soaring-again-whats-behind-price-surge

The firm noted that while Bitcoin’s technical structure looks solid, on-chain liquidity has not yet reached the levels needed to […] The post Bitcoin Bull Market Intact, but Breakout Hinges on One Factor appeared first on Coindoo. source: https://coindoo.com/market/bitcoin-bull-market-intact-but-breakout-hinges-on-one-factor/

null source: https://x.com/DaanCrypto/status/1956748034265534901

Canary Capital registers the first TRUMP memecoin ETF in Delaware, opening the race on Wall Street for a billion-dollar fund. source: https://en.spaziocrypto.com/memecoins/trump-memecoin-etfs-off-to-wall-street/

null source: https://x.com/BTC_Archive/status/1956743636625797247

XRP confirmed support at $3 amid price drop source: https://u.today/xrp-hourly-death-cross-forms-amid-market-volatility-potential-scenarios

Several major institutional investors are seizing the recent dip in Ethereum’s price to expand their holdings, signaling a focus on long-term exposure rather than short-term gains. This activity suggests that the institutions are positioning for long-term exposure rather than short-term gains. Ethereum’s Market Sentiment Edges Past Bitcoin as Accumulation Grows Blockchain analytics from Lookonchain reveal that one unnamed institution created three new wallets last week. The firm also withdrew 92,899 ETH, worth roughly $412 million, from Kraken source: https://beincrypto.com/ethereum-whales-scoop-up-900-million-in-eth-after-recent-dip/

If you are reading this article and your funds are still deposited in the CoinUP platform or the "Water Mother Protocol" project, please stop everything you are doing immediately and read the following carefully.

Recently, the cryptocurrency exchange BTCTurk issued an announcement confirming that it had been hacked, with abnormal outflows of funds exceeding US$48 million from multiple on-chain hot wallets.

The guidance describes custody as holding digital assets on behalf of clients, while emphasizing that this does not create new regulatory requirements.

Regulation, law, policy: Why has the traditional regulatory system become a joke when it comes to blockchain? Golden Finance: Finally, has someone figured out how to regulate cryptocurrency?

Sometimes, I am really glad that I came to the blockchain industry. There are so many industry dividends that I can reap.

On August 15, the Federal Reserve announced the abolition of the "Neo-Emerging Activities Supervision Program" (NASP), which was established in 2023.

Driven by rising market expectations of a September interest rate cut and continued strong institutional demand, Bitcoin briefly broke through $124,000 today, surpassing its previous historical high.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry trends.

Ethereum has solved the dilemma of not having a killer application recognized by the traditional world for many years, and has become the hottest "LABUBU" in the encryption and digital asset world.

随着非洲乃至全球加速拥抱数字创新，加密 / 稳定币支付通道为企业在瞬息万变的市场中扩张提供了契机。