According to the data panel, in the market share ranking of Solana issue coin platform in the past 24 hours, Letsbonk ranks first with 65.2%, pump.fun ranks second with 23.1%, and BAGS ranks third with 4.41%.

[Bit推] The Japanese listed company Metaplanet announced that it spent approximately $53.7 million to purchase 463 Bitcoins at a price of about $115,895 each. As of the beginning of 2025 to date, its Bitcoin yield has reached 459.2%. As of August 4, 2025, the company holds 17,595 Bitcoins, with a purchase cost of about $1.78 billion and an average purchase price of about $101,422 per coin.

Traders are cautiously optimistic about the DAT (Decentralized Asset Trust) craze, believing that although it is nearing its peak, there are still opportunities in the future. Currently, DAT serves as an alternative to altcoin ETFs, but there has not been a significant influx of capital. The enthusiasm of TradFi for Ethereum may drive funds into other encryption projects, but the market is not paying enough attention to this.

According to monitoring by [比推], an investment institution may hold 19,134,900.46 HYPE, valued at approximately 765.4 million USD, with an estimated average cost of 16.46 USD, total cost of about 315 million USD, and unrealized gains of approximately 450 million USD.
Hyperliquid's strategic reserve company Sonnet BioTherapeutics (SONN) initially received over 10 million HYPE directly injected into the company by a top crypto VC investment firm that purchased them at the end of last year.

On August 4, the CEO of a certain trading platform spoke out regarding "the platform's advertisements being banned from UK television," which has sparked considerable reactions. Some people in the UK still view crypto assets as a gambling product (a very outdated perspective), and completely overlook the potential of crypto assets to update and improve the financial system for everyone's benefit. We welcome attacks and any attempts at censorship, as they will only aid in its dissemination.

Trump will announce candidates to fill the vacancy on the Federal Reserve Board of Governors in the coming days, as Governor Quarles is set to resign to return to Georgetown University. This move may provide Trump an opportunity to exert influence over the Fed.

[Coin World] On August 3 (UTC+8), the Canadian Trade Minister expressed optimism about trade negotiations between Canada and the United States. We will not rush into a bad agreement, as Canada firmly maintains its long-term economic interests. He also stated that trade negotiations with the United States are still ongoing, but Ottawa will not succumb to tariff pressures.

On August 3, 【Block Rhythm】, TRON founder Justin Sun successfully completed a space edge flight aboard a certain company's New Shepard spacecraft, becoming the youngest Chinese commercial astronaut in history. The mission lasted about 10 minutes, with the spacecraft crossing the Kármán line, achieving suborbital flight and experiencing weightlessness before safely returning to the landing area in Texas.
Justin Sun stated in an interview after exiting the capsule, "I have waited a full four years for this flight. But we finally made it happen. I am very grateful to Mr. Bezos and his team for making this possible. Thank you to my mom and dad for bringing me into this world. When I look at Earth from space, it really seems very small—but it is our home. We must do everything we can to protect it. This is my first commitment and first step towards space, and there will be more in the future."

[Coin World] Lawyer Wu Wenqian pointed out that the Hong Kong stablecoin bill framework regulates the issuance of stablecoins. Certain stablecoin issuing companies do not need to come to Hong Kong to obtain a license, as they do not issue in Hong Kong and are not priced in Hong Kong dollars. Conducting OTC trading of USDT / USDC in Hong Kong does not constitute issuance and is not regulated by the ordinance, but may be regulated by future possible OTC licenses for related businesses, although it is unrelated to the stablecoin ordinance.

According to reports, sources close to applicants for Hong Kong stablecoin licenses indicate that as regulatory guidelines are implemented, the enthusiasm for Hong Kong stablecoins will wane, especially for non-financial institutions applying for use cases primarily in cross-border payments. They may proactively abandon participation in the early stages due to the difficulty of meeting regulatory requirements to "verify the identity of every coin holder." This also means that early favorites, such as certain internet platforms, may find it challenging to appear on the first batch of license lists.
In addition, CITIC Group, through its Hong Kong subsidiary Xinyin International, has collaborated with several institutions to apply for the first batch of stablecoin licenses. Industry insiders have indicated that Bank of China Hong Kong is one of the three major note-issuing banks in Hong Kong, and if it issues stablecoins, it will have inherent advantages and also reassure regulators in both regions.

[Coin World] On August 3, according to information from the official website, the launch window for the New Shepard spacecraft, which Justin Sun is aboard, will open tonight at 8:30 PM. The official website will broadcast the launch live. In 2021, Justin Sun successfully purchased a seat for the first manned flight of the "New Shepard" for 28 million dollars and donated all bidding funds to Blue Origin's "Future Club" to support global youth STEM education.

On August 3, this week, the U.S. added only 73,000 non-farm jobs in July, far below expectations, and the data for May and June were significantly revised down. Additionally, Fed Board of Governors member Quigley will resign next week, allowing Trump to appoint a favored candidate ahead of time.
Affected by the above news, the CME "Fed Watch" has seen the probability of the Fed cutting interest rates by 25 basis points in September soar to 80.3%. Before the non-farm data, this figure was only 41.3%.

According to reports, Musk stated on a social platform that "a specific product is being promoted, Grok can now recommend the product based on people's known interests and provide a simple purchasing method." Additionally, Musk mentioned that it is still in the testing phase, so there are many areas that need improvement.

[Block Rhythm] On August 3, according to data platform monitoring, Whale 0xab15 opened a Bitcoin 40x leverage long order, with a holdings value of 400 BTC (45.37 million USD), and set the take profit point at 125,000 USD.

[Chain News] PANews, August 3 - Monitoring shows that the Whale "set 10 major targets" opened a BTC 5x long order at a price point of 112891.3 USD during the big dump early in the morning nine hours ago, with a margin of about 6.05 million USD; this is the first public bullish operation since July 23, and it is currently in a state of unrealized gains.

Former special prosecutor Jack Smith is being investigated for alleged illegal political activities. He was responsible for Trump's attempts to overturn the results of the 2020 presidential election and the handling of classified documents, but recently dropped charges against Trump due to provisions in the U.S. Constitution.

Sharplink Gaming recently reclaimed 15,822 ETH from a certain platform, bringing the total purchase to 480,000 ETH, currently valued at $1.63 billion, with unrealized gains of $173 million.

According to reports, Fed's Williams stated that the significant downward revision of employment growth in May and June is the real news in Friday's non-farm report. He will attend the September meeting with an open mind to discuss whether to cut interest rates.

[BitPush] According to data from the platform, the open interest of ETH contracts across the network has decreased by 7.53% in the past 24 hours, with the current total holdings amounting to $49.586 billion. Among them, a certain platform has holdings of $9.291 billion, another platform has holdings of $2.869 billion, and a different platform has holdings of $3.97 billion.

Currently, our country does not yet have a globally influential public chain. Industry insiders believe that the construction of a national-level public chain should be led by central state-owned enterprises, while opening up market competition for the construction of industry-level and scenario-level public chains. Public chains are the infrastructure for stablecoin issuance and are crucial for building a secure and efficient digital financial system.