Chain Detective ZachXBT: No longer assisting the XRP community, it has not brought any value to the industry
ZachXBT believes that XRP holders have not brought any value to the industry except for providing exit liquidity for insiders, a view that also applies to projects such as Cardano, Pulsechain, and Hedera.
200 million USDT transferred from unknown wallet to Aave
according to Whale Alert monitoring, at 17:32, 200 million USDT (200,280,000 US dollars) was transferred from an unknown wallet to Aave.
A whale unstaked 110,000 SOL and transferred it to Binance, equivalent to approximately $23.51 million.
according to the on-chain analyst Onchain Lens monitoring, a whale address unlocked 110,036 SOL in the past hour (about $23.51 million), and transferred 110,000 SOL to the Binance exchange. The address has unlocked a total of 315,108 SOL in the past 5 months (about $53.59 million), and had previously been staking SOL for 4 years.
Strive Funds CEO: Will purchase over $700 million worth of Bitcoin after listing
On August 28th, Strive Funds CEO Matt Cole stated in an interview that the company will purchase $700 million worth of Bitcoin after going public.
Guotai Junan International launches cryptocurrency trading service, allowing retail investors to buy at least five cryptocurrencies
Guotai Junan International announced the launch of cryptocurrency trading services for clients, allowing instant trading of currencies including Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), Chainlink (LINK), and Solana (SOL); clients with professional investor qualifications can further choose to trade Ripple (XRP), Tether (USDT), USD Coin (USDC), and other products. Guotai Junan International obtained approval from the China Securities Regulatory Commission in June this year to upgrade its Type 1 (securities trading) regulated activities license to provide virtual asset trading services, allowing clients to directly trade cryptocurrencies and stablecoins on the Guotai Junan International platform.
The former Thai Prime Minister proposed positioning Thailand as the ASEAN digital asset center and establishing a sovereign strategic reserve
former Thai Prime Minister Thaksin Shinawatra met with global digital asset investors in Bangkok on August 26 to discuss the proposal to position Thailand as the digital asset center of ASEAN. The meeting proposed the establishment of a sovereign strategic reserve to enhance the long-term resilience of the Thai financial system and economy, and received support from multiple international companies including Metaplanet and UTXO Management. Attendees also included Nakamoto Holdings, Sora Ventures, AsiaStrategy, and other companies.
Two whales bought a total of 175,000 HYPE tokens in 12 hours, worth about $8.47 million
according to the on-chain analysis platform Lookonchain, in the past 12 hours, two whale addresses accumulated a total of 175,130 HYPE tokens, worth approximately 8.47 million US dollars.
Hong Kong-listed company Shuntai Holdings: Incorporating BTC, ETH, BNB, FIL, and stablecoins into its cryptocurrency portfolio
Sheen Tai Holdings Group Company Limited, a Hong Kong-listed company, issued a supplementary announcement, announcing the inclusion of BTC, ETH, BNB, FIL, and stablecoins (such as USDT and USDC) in its cryptocurrency investment portfolio. Currently, the company has purchased a certain amount of Filecoin tokens at a trading price of $2.1-2.3 per unit. In addition, Sheen Tai Holdings also announced that they will consider using cryptocurrencies for payment settlements, and disclosed that the proportion of stablecoins in the company's investment portfolio will not be less than 5%.
30,507,683 XRP transferred from an unknown wallet to Coinbase
according to Whale Alert monitoring, at 16:40, 30,507,683 XRP (worth $91,621,219) was transferred from an unknown wallet to Coinbase.
Spot gold hits $3,400/ounce
spot gold touched $3400 per ounce, up 0.08% intraday.
Silicon Valley law firm Fenwick & West denies involvement in FTX debacle
Fenwick & West, a well-known law firm in Silicon Valley, has officially refuted allegations that it played a key role in the collapse of the cryptocurrency exchange FTX. The law firm argued in a court document that its involvement was limited to providing routine legal services, and that the accusations (claiming it promoted FTX tokens, designed a suspicious founder loan scheme) were both baseless and misleading.
OKX launches USDG automatic interest earning function
According to official sources, in order to meet the dual demands of users for efficient asset utilization and returns, OKX has officially launched the USDG automatic yield farming feature. This feature allows users to earn profits while using USDG as collateral, and more related yield farming activities will be introduced in the future. Users only need to hold a minimum of 1 USDG in their OKX account to automatically start accumulating profits, without any additional fees. Profits will be directly settled to the fund account on a weekly basis.
A certain address transferred 200 million PENGU to Binance half an hour ago, equivalent to approximately $6.12 million.
according to analyst Yu Jin's monitoring, half an hour ago, an address transferred 200 million PENGU tokens ($6.12 million) to Binance. This address has transferred a total of 765 million PENGU tokens ($26.57 million) to Binance in the high range over the past 2 months, with an average price of $0.035.
Anthropic: AI chatbot Claude used in cyberattacks, demanding payments of $75,000 to $500,000 in Bitcoin
according to Cointelegraph's market news, Anthropic company reported that its artificial intelligence chatbot Claude is being used for large-scale cyber attacks, demanding payment of 75,000 to 500,000 US dollars in Bitcoin.
Goldman Sachs: Maintain Nvidia's "buy" rating with a 12-month price target of $200
Golden Finance reported that Goldman Sachs stated in its latest report that while Nvidia's (NVDA.O) latest financial report and guidance for the next quarter are stable and basically meet Wall Street's expectations, they may still struggle to meet the market's previously high expectations, potentially putting downward pressure on its stock price in the short term. Goldman Sachs analysts believe that the market has largely digested the growth potential brought by its new generation Blackwell architecture chips. However, Goldman Sachs still maintains a "buy" rating on Nvidia and has a 12-month target price of $200. This target price is based on an estimate of the company's standardized earnings per share of $5.75 and a 35x price-earnings ratio (P/E). The report also highlights four key downside risks that investors need to be cautious of: a slowdown in AI infrastructure spending, increased competition leading to market share loss, competition leading to profit margin erosion, and supply chain constraints. (Jin Shi)
American Bitcoin, a US cryptocurrency mining company, plans to go public in September.
according to Reuters, American Bitcoin, a cryptocurrency mining company supported by Donald Trump Jr and Eric Trump, plans to go public in September.
Deribit executives: The altcoin season has not yet arrived, and the market lacks trading volume and growth momentum
Deribit's Chief Business Officer Jean-David Péquignot stated that loose central bank policies may indeed increase market liquidity and drive speculative funds into risk assets. However, the market currently lacks sufficient trading volume and broad growth momentum. The recent rise in the price of Ethereum compared to Bitcoin is considered a potential signal of market shift, but it is not yet enough to trigger a full-fledged altcoin season.
Trump's list of 11 candidates for Federal Reserve Chairman includes three who are open to cryptocurrencies
U.S. Treasury Secretary Scott Bessent said on Wednesday that there are currently 11 "highly qualified candidates" competing for the position of Chairman of the Federal Reserve. He will begin reviewing and selecting candidates from next month. The list of candidates includes Lori Logan, President of the Dallas Federal Reserve Bank, James Bullard, former President of the St. Louis Federal Reserve Bank, Philip Jefferson, Vice Chairman of the Federal Reserve, Chris Waller, Federal Reserve Governor, Michelle Bowman, Vice Chairman of Federal Reserve Supervision, and former Federal Reserve Governor Larry Lindsey.
Publicly listed company LQWD has deployed 19.75 BTC from its Bitcoin vault to the Lightning Network
the Canadian listed company LQWD has deployed 19.75 BTC from its Bitcoin treasury to the Lightning Network. By collecting routing fees, these bitcoins generated an effective annualized yield of up to 24%.
Hal Finney, the first recipient of Bitcoin, passes away 11 years ago
according to Watcher.Guru, today is the 11th anniversary of the death of Hal Finney, the first recipient of Bitcoin.