Gate has launched the third Pre-IPO offering, targeting Kimi (Moonshot)
But the mechanism is relatively complex and differs from the previous two offerings and the models used by other exchanges. Here is a simple explanation:
(1) The subscription target is a mirror note, with a valuation of approximately $50 billion. It appears to represent an allocation from the Series G financing round (which has not yet fully closed)
(2) The allocated shares obtained through the subscription will be traded on a dedicated market. One especially important point is: [Users may choose to sell their holdings to

August 7 afternoon analysis
Friday has come around again so quickly.
BTC is currently quoted at 64384.9 USDT, down 0.82% intraday, with the 4-hour trading range at 64111.1‑64975.0.
Market trading volume was 3.21B, with net capital inflows of 35.37M. Funds saw a slight inflow, but the price weakened under pressure at higher levels. After the market began a rebound from the low of 62227 and climbed to the period high of 65780, bullish momentum gradually weakened. The 4-hour chart formed a pattern of high-level consolidation followed by a pullback, with the pace of gains slowing. Overall, t

$ARB SHORT
Entry: 0.07767 – 0.07774
Stop Loss: 0.07926
TP: 0.07615 - 0.07460 - 0.07304

On the hourly timeframe, an inverted hammer formed at a high, and the three KDJ lines are oversold.
Personal suggestion:
Open short positions around the current price of 4295, with defense at 4305; downside target 4250, and 4230 if support breaks! #黄金 #现货黄金 #伦敦金

JUST IN: TrendForce lifts 2026 AI server shipment growth forecast to nearly 31% as CSP capex surges and hyperscalers push containerized AI solutions. This underpins stronger demand for AI hardware amidst a broad cloud/LLM push. $BTC? Not relevant.

The quant strategy has been printing money, maintaining monthly returns of around 40% for two months. This equity curve speaks for itself, right?

They chose “compromise” instead of “innovation.”
— Image source: Xiaoyuzhou podcast “Survival at the Tail.”

Sis, what do you want to do to me? I’m a little scared 😰😰

Another project says goodbye
This time it’s Step App, a once-famous move-to-earn project, which has just announced that it will cease operations on 21/08
The market is undergoing an intense purge

Strait of Hormuz “Toll-Free”! Global Tankers: No More “Scanning QR Codes to Pay” This Time?
Iran and Oman have agreed not to charge transit fees for passage through the Strait of Hormuz, a development that has quickly drawn attention from global energy markets. Although many online commenters have joked that “the world’s most important maritime highway has announced free passage,” from a market perspective, the positive signal conveyed by this statement is far more important than the word “free” itself.
The Strait of Hormuz handles a significant share of global crude oil transportation. Once t

Musk's vision is getting bigger and bigger
It's not only luxurious
It's also highly futuristic
This could even be a model home for future settlers on Mars
So
When it comes to selling dreams, the future, and faith
Musk ranks second
I'm afraid no one would dare claim first
No wonder Tesla $TSLA has pulled back recently
Many of Musk's loyal fans
Including some major influencers and KOLs
Want to buy a home and go all-in to support Musk
If you're also a crazy Musk fan
Would you sell your home to support Tesla?

One week 62800→64900
Seven days without a single bullish candle
Just grinding
Nobody is talking about BTC anymore
The groups are all discussing altcoins taking off
That’s the signal
65K next week
If it breaks, it breaks
If not, no big deal

#LYTEETFFirstDayVolume72M
The new photonics ETF called LYTE started with a number, seventy two million dollars on its first day of trading. This is more than the day of the other ETF that Roundhill made which was about computer memory. So LYTE is already getting a lot of attention.
What does the LYTE fund hold?
The biggest parts of the fund are Lumentum, Coherent, Eoptolink and InnoLight. These companies are important for making things that help computers talk to each other fast like special light systems and connections for big artificial intelligence computers. By focusing on this area the

Yesterday, the price surged to 64.9k but failed to break the daily high.
There is a high probability that a fake bullish rally will follow, most likely today or on Sunday, using the rise to take out liquidity at the highs above, then reversing directly under pressure and falling to the liquidity level at 61.3k below.
The long upper wick on the candlestick makes it clear that none of the highs above were touched, making these pending orders highly vulnerable to being collectively swept by the market makers.
$BTC $ETH $SNDK

$BTC is struggling at resistance again.
A pullback could happen, but I’m not rushing the call.
Let’s wait for the Daily candle to confirm the move before making any assumptions.
#GateLaunches10AShareContracts

The CLARITY Act is delayed until September
We can breathe for now; at least Bitcoin can range for another month
If so, it likely won’t pass in September either
It also perfectly matches the timing of the final drop agreed on by everyone
Probably September, October, and November: three months of shakeout, then the bull run resumes
If Bitcoin can reclaim near the chart’s green line after each drop during these three months
then 57,000 is the major bottom. Don’t hesitate—get in promptly
For the first time, these three months feel so long; the wait is agonizing.

Fellow villagers, don’t leave—the village is handing out gold bars!
SK Hynix, at 1.42 million won per share, is paying a cash dividend of 375 won,
which converts to approximately $1,000, with a $0.26 dividend, or 2.6 per ten thousand.
The good news is that the board approved 54.3 trillion won ($38.4 billion) to build two new plants and expand its chip business.
Those Korean bastards are truly stingy; this dividend might as well be ignored. I just hope SK Hynix reaches $2,000 soon—how about it? 🫣