Crypto Market Sees $108 Million in Liquidations Over 24 Hours
The cryptocurrency market experienced liquidations totaling $108 million in the past 24 hours. Of this amount, long positions accounted for $40.04 million, while short positions saw liquidations of $67.89 million.
A total of 55,335 traders were affected globally, with the largest single liquidation occurring on Hyperliquid's ETH-USD pair, valued at $3.53 million.
#ETH#

Ethereum PoS Network Faces Significant Queue Delays
Ethereum Proof-of-Stake (PoS) network is experiencing substantial delays in its validator queues. The current exit queue stands at 1,024,545 ETH, which is approximately valued at $4.45 billion based on current prices. The withdrawal delay is reported to be 17 days and 19 hours.
At the same time, there is an increase in demand for staking by new validators. The entry queue has risen to 808,910 ETH, valued at about $3.51 billion. The current waiting period for new validators to activate is 14 days and 1 hour.
#ETH#

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#ETH#

EU Officials Reevaluate Digital Euro Strategy Amid U.S. Stablecoin Legislation
The Financial Times reports that the recent U.S. stablecoin legislation has raised concerns about Europe's digital currency competitiveness. In response, European Union officials are accelerating plans for the digital euro. Since the passage of the U.S. law, EU officials have been "rethinking the digital euro's strategy." Sources indicate that, due to privacy considerations, officials are now contemplating operating the digital euro on public blockchains like Ethereum or Solana, rather than the previously anticipate

Bitcoin Options Market Shows Bullish Sentiment Amid Price Speculation
On-chain data analyst Murphy shared insights on social media regarding recent trends in the Bitcoin options market. Data from the 'Options Premium Execution Price Heatmap' indicates a significant volume of call options within the $123,708 to $129,685 strike price range as of August 19. The cumulative premium for these options is approximately $43.32 million. Notably, there has been no net buying below the current spot price, suggesting that traders are willing to invest in the potential for Bitcoin to rise to this range, whi

OpenAI Plans Accelerated Launch of GPT-6 with Enhanced Features
OpenAI CEO Sam Altman announced that the company is accelerating the release of GPT-6, which will feature improved memory capabilities and allow users to customize chatbot personalities and tones. Altman highlighted that the memory function is the most significant upgrade this year, enabling future products to automatically adjust based on user preferences and habits. OpenAI is collaborating with psychologists to optimize user experience and will adhere to U.S. government requirements to ensure AI systems are neutral and customiza

Wang Feng Invests in Ethereum and Transfers Element Shares
Wang Feng, the founder of Linekong Interactive, announced that he has been investing in Ethereum for three consecutive days.
Previously, Foresight News reported that Wang Feng tweeted about transferring all his shares in Element to the Hong Kong-listed company Linekong Interactive Group Co., Ltd. This move aims to make Element a part of the listed company's valuable assets. Wang also declared that he will no longer hold any crypto project shares personally, stating that all his investment activities will be conducted through assets und

Bitdeer Technologies Group has released its unaudited financial results for the second quarter of 2025, reporting a revenue of $156 million. This marks a 56.8% increase compared to the same period last year and a 121.9% rise from the previous quarter. The SEALMINER A2 sales contributed $69.5 million to the revenue.
The company anticipates its self-mining capacity to reach 40 EH/s by the end of October and aims to surpass this target by the year's end. Additionally, Bitdeer is in advanced negotiations with partners regarding a high-performance computing and AI project in Clarington, Ohio.
As of

U.S. PPI Data Influences Bitcoin Market Dynamics
U.S. Producer Price Index (PPI) data on interest rate expectations, effectively eliminating the possibility of a 50 basis point rate cut. In the cryptocurrency sector, U.S. Treasury Secretary Besent announced that the government will not sell confiscated Bitcoin and is exploring budget-neutral methods to acquire more Bitcoin to expand reserves.
Bitcoin's price, which fell from a high of $124,000 to $117,000, has stabilized around $119,000. The risk reversal is notably skewed towards bearish options. Despite macroeconomic pressures, QCP maintains

Bitcoin and Ethereum Sentiment Analysis Reveals Market Trends
Bitcoin's peak greed levels have coincided perfectly with its all-time highs and local peaks. Meanwhile, despite Ethereum's significant outperformance against Bitcoin over the past three months, its bullish sentiment remains considerably lower. Typically, price movements tend to contradict retail investors' expectations. As a result, due to the market's relatively low interest in buying Ethereum during dips compared to Bitcoin, the current outlook suggests that Ethereum's bullish trend is slightly higher than that of Bitcoin. #BTC#

Ethereum Proposal Suggests Unified Multidimensional Fee Market
Ethereum researcher Anders Elowsson has introduced EIP-7999, a proposal aimed at establishing a unified multidimensional fee market. The proposal suggests that each transaction should use a max_fee to specify the maximum amount of ETH the user is willing to pay. Once implemented, the protocol will ensure that transactions can cover all dimensions of Gas fees, treating the max_fee as interchangeable across resources, thereby enabling more efficient capital utilization.
#ETH#

Whale Alert has reported that the USDC Treasury has minted an additional 500 million USDC on the Solana blockchain. This minting process was conducted in two separate transactions, each involving the creation of 250 million USDC.
‍ #USDC#   

Consumer prices rose moderately in July, reflecting the impact of tariffs; this indicates potential inflationary pressures ahead.

Ethereum's rise past $4,400 signals strengthened investor confidence, which may lead to significant market growth ahead.
#ETH#

Bitcoin's recent price stabilization indicates potential for upward movement, yet caution is warranted as resistance levels loom.
#BTC#

Bitdeer Increases Bitcoin Holdings to Over 1,700 BTC
Nasdaq-listed Bitcoin mining company Bitdeer has released its latest Bitcoin holdings data on X. As of August 8, Bitdeer's total Bitcoin holdings have increased to 1,718.1 BTC. This figure represents the company's pure holdings and does not include Bitcoin deposited by customers. Additionally, Bitdeer produced 74.8 BTC through mining this week but sold 32.6 BTC.
#BTC#

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X/USDT
#X# #USDT#