sis

U.S. Democratic Senator Warren asked Treasury Secretary Basent to explain the basis for the Trump administration's intervention in the yen. In a letter dated August 13, Warren pointed out that the government has not provided detailed justification and has not disclosed how much money was used to purchase yen.Basent confirmed that the U.S. and Japan jointly intervened in the foreign exchange market for the first time since 1998 to support the yen, but did not specify the amount of funds.

According to Bitcoin News, Boltzhq has shut down due to its five-person team being overwhelmed by increasingly complex AI-assisted attacks. A group of experienced Bitcoin users will take over the service with additional capital and engineering resources.The founder has stepped down. The service is currently still offline, and the new team is working to restart it.

According to Onchain Lens monitoring, a certain whale transferred 213,810 LINK to Gnosis Safe.This whale withdrew the same amount of LINK from Binance two weeks ago, with a transfer value of approximately 1.87 million USD.

According to the Wall Street Journal, Apple is seeking to reach new agreements with publishers to use their content to develop the artificial intelligence voice assistant Siri.

Federal Reserve spokesperson Nick Timiraos stated that the July inflation report was largely in line with market expectations, easing the pressure on the Federal Reserve to raise interest rates next month.Wall Street is focused on CPI data, with some officials believing it is necessary to maintain higher interest rates, arguing that the current level of rates is restrictive and that the high inflation is due to external shocks rather than loose monetary policy.

According to The Block, a K33 research report states that the 30-day average trading volume of BTC/USDT perpetual contracts on Binance and Bybit has dropped to $10.8 billion, the lowest level since 2023, with only 5% of trading days recording lower volumes. Meanwhile, the average daily trading volume of Bitcoin spot has decreased by 18% from last week to $1.8 billion, and the 7-day volatility has also fallen to 0.6%, the lowest since Christmas 2025.K33 research director Vetle Lunde pointed out that low trading activity creates a self-reinforcing "hibernation cycle" in the market. Notably, the open interest in Bitcoin perpetual contracts remains high, with an average of about 300,000 BTC from June to August, above the average for 2025-2026, indicating a higher risk of liquidation-driven volatility.The market is currently awaiting the release of the U.S. July CPI data on Wednesday, with economists expecting a year-on-year increase of 3.4% in CPI and a year-on-year increase of 2.5% in core CPI. CME FedWatch shows that the probability of a 25 basis point rate hike in September is about 50%. Bitcoin has been oscillating between $60,000 and $80,000 for six consecutive months, down about 50% from the historical high of October 2025.

According to official social media news, Huobi HTX will hold a themed live broadcast today at 20:00 titled "Non-Farm Payrolls Surprise Ignites Rate Cut Trading: Which Will Break Through First Among U.S. Stocks, Gold, and BTC?" At that time, crypto KOLs such as Pump Pump Superman, Xiao Zhi, 77, and Grace will be invited to attend, discussing the unexpected changes in non-farm data, the rising expectations for rate cuts in the market, and the interlinked trends of the three major assets: U.S. stocks, gold, and BTC. They will analyze market trading opportunities and potential risks under changes in macro liquidity.

According to Onchain Lens monitoring, an Ethereum genesis wallet holding 2,680 ETH, currently valued at approximately 5.05 million USD, has become active for the first time after being dormant for over 11 years.This position was worth about 830 USD in 2015, currently yielding a profit of 608,000%.

ChianCatcher news, Solana Foundation Chair Lily Liu tweeted that the foundation's work revolves around two main goals: attracting top talent and capital to Solana. Capital and talent are interdependent and mutually prerequisite. She pointed out that "king-making" is shortsighted and self-limiting, and that "trustworthy neutrality" is feasible in code, but insufficient when applied to humans who require judgment. The foundation's principle is to be open to talent: actively promoting competition and letting the market decide the outcome. No one can rise above the market.Regarding perpetual contracts, the foundation has always supported diversity among builders, and the recent efforts include making the perpetual plan and cutting-edge trader program public. It is not true that only one team on Solana can build fully on-chain perpetual contracts; several teams have recently challenged this. A fully on-chain architecture is more valuable for DeFi and Solana's future. The foundation does not determine success or failure; the market does.

GnosisDAO is initiating a governance proposal GIP-152 on whether to split the Gnosis App into an independent company led by the original team. The proposal is now live on Snapshot, and voting will close on August 12 at 14:19 (UTC), with a required quorum of 75,000 votes to take effect. Community members can vote on whether to support the separation of the Gnosis App from the GnosisDAO ecosystem through Snapshot.The proposal outlines that GnosisDAO will invest $1.5 million in cash and inject a product and IP valued at $1 million, obtaining at least 25% equity through SAFE at a post-money valuation of $10 million, while completely separating the Gnosis App from Gnosis Ltd's annual budget of $3.1 million. The new company will focus on self-custody payments and card services, using the Circles protocol as its core, with 18 months of funding primarily allocated for the team, compliance operations, and customer acquisition, and will continue to drive on-chain and payment network usage through Gnosis Pay and Gnosis Chain. Current Snapshot voting results show that approximately 66% are in favor.

Bitfinex's latest report indicates that Bitcoin buying is returning, but the current rebound still mainly relies on improvements in the macroeconomic environment rather than catalysts from the cryptocurrency market itself.

Analyst Murphy stated that the BTC supply concentration has risen to 14.8%, approaching the high-risk zone of 15%. The risk here refers to volatility rather than the direction of price changes; the supply concentration itself does not indicate direction.Murphy noted that based on historical data, a pattern has been observed: when the supply concentration curve begins to turn downward, if the BTC price has been rising beforehand, the probability of continuing to rise afterward is greater; conversely, if it has been falling, the probability of continuing to fall is greater. However, the supply concentration is still on the rise and has not yet turned, so it is currently impossible to determine which direction the probability of movement will be greater after the turn. What can be confirmed is that risk is accumulating and volatility is brewing.

Research institution SemiAnalysis released an analysis stating that SpaceX is expected to build approximately 10GW of AI data center capacity by the end of 2027. If 50% of this is used for inference services, with annual revenue exceeding $10 billion per GW, the annualized revenue could reach $300 billion. SpaceX CEO Elon Musk stated in the first earnings report that a "conservative estimate" suggests an additional 6-8GW will be added in 2027, with the actual figure possibly exceeding 10GW.SemiAnalysis's inference simulator shows that when running on the GB300 cluster at current startup cloud prices (about $3/GPU hour), leading model companies like OpenAI and Anthropic could generate annual inference revenue exceeding $10 billion per GW, with annual costs around $12 billion. Microsoft, with full access to OpenAI models and without bearing training costs, can also capture revenue of the same scale. The analysis points out that Microsoft has signed contracts for 10GW of data centers (total value exceeding $300 billion) since 2026, with a 90-day cancellation clause, significantly reducing signing risks.Regarding SpaceX's construction progress, SemiAnalysis believes Musk will significantly shorten the construction cycle by using onsite gas power generation, bypassing large power transformers, parallel construction, and shortening the debugging process. The Southaven plant in Tennessee expanded from 27 turbines (approximately 495MW) in February to 69 turbines (1.7GW) in July, and the "MiniHard" project can be completed in about 5 months with 450-500MW. However, the 10GW target still faces multiple challenges such as land approvals, gas supply, and equipment delivery. This analysis is based on model simulations, and actual implementation still carries uncertainties.

The four major life insurance companies in Japan (Nippon Life, Dai-ichi Life, Sumitomo Life, Meiji Yasuda) reported a quarter-on-quarter increase of 7% in domestic bond holdings' unrealized losses for the second quarter of 2026, reaching a record $96 billion, marking the seventh consecutive quarter of increase, with total unrealized losses growing by more than twice during this period. Japanese life insurance companies typically hold government bonds and other securities to maturity to match long-term insurance liabilities. In May of this year, the yield on Japan's 30-year government bonds broke 4.0% for the first time since this bond was issued in 1999, raising market concerns that the Kishida government may increase fiscal spending. Analysts point out that if there is a surge in policy cancellations, insurance companies may be forced to sell their holdings prematurely to meet payouts, which would put pressure on their portfolios and earnings. The pressure facing Japanese financial institutions is intensifying.

According to Onchain Lens monitoring, a certain whale has accumulated 387,830 LINK from Binance over the past 30 days, worth approximately 3.22 million USD.13 hours ago, the whale transferred all holdings to its Gnosis Safe wallet.

Starknet announced that it has completed the quantum-resistant signature transfer test, where a wallet account using a quantum-resistant signature mechanism completed a real transfer on the Starknet mainnet, with a transaction fee of about 6 cents, and can be queried through the block explorer. This account is currently an experimental, unaudited version, mainly used for research testing. StarkWare stated that this transfer benefits from the design of the Starknet account model.Unlike most blockchains that fix the signature algorithm at the protocol layer, each account on Starknet is a smart contract that can autonomously define the accepted signature schemes, allowing users to upgrade their wallets from traditional elliptic curve signatures to quantum-resistant signatures without hard forks, asset migrations, or changing addresses. StarkWare pointed out that most blockchains face quantum computing risks because wallet signatures and underlying verification systems rely on elliptic curve cryptography. Once large-scale quantum computers appear, running Shor's algorithm could potentially break the related encryption systems. Currently, the Starknet ecosystem supports a quantum-resistant signature scheme based on Falcon-512, which is part of the NIST post-quantum cryptography standardization process, with relevant implementations promoted by ecosystem teams and organizations such as OpenZeppelin.

Bitcoin's recent volatility has nearly disappeared, but market risks have not been alleviated. Data shows that there has been no outflow of funds from the spot Bitcoin ETF, with a cumulative net inflow of approximately $754 million. However, the price of Bitcoin remains around $64,700, while the options market is focused on downside protection near $62,000 and $63,000.Market signals are showing divergence: on one hand, demand for spot ETFs is rebounding; on the other hand, derivatives traders are positioning themselves for a potential pullback, especially on the eve of the release of the latest U.S. employment data. However, from the overall position structure, the market still leans bullish. Bitcoin call options account for about 60.7% of total open contracts, indicating that investors' long-term expectations remain positive, although recent trading has been more concentrated on short-term risk hedging. Meanwhile, the cost of volatility protection is at a low level. The DVOL index from Deribit, which reflects the expected volatility of Bitcoin over the next 30 days, is currently around 35, a significant drop from the high of 90 earlier this year, indicating that the market believes the likelihood of significant volatility in the short term is limited.However, U.S. macro data could disrupt this balance. The market expects that non-farm payrolls in the U.S. will increase by about 97,500 in July, up from 57,000 in June, with the unemployment rate expected to remain at 4.2%. If the employment data is stronger than expected, it could push U.S. Treasury yields higher and strengthen expectations for Federal Reserve interest rate hikes; if the data is weak, it could lower yields but also exacerbate concerns about slowing economic growth. Currently, the Bitcoin market shows a pattern of "ETF funds supporting spot, options market guarding against declines," and potential risks in a low-volatility environment still need to be monitored. In a market with low participation and insufficient liquidity, even small changes in supply or demand could lead to significant price fluctuations.

PPP prediction market tool monitoring shows that before the non-farm data release, the probability of "Federal Reserve raising interest rates by 25 basis points in September" on Polymarket has risen to 48%, up 5% in 24 hours, and up 24% for the month; the probability of maintaining the interest rate unchanged in September has fallen to 49%, down 21% for the month.The U.S. July non-farm payroll report will be released today at 20:30 Beijing time, with Wall Street institutions predicting a data range from 18,000 to 83,000, showing significant divergence. Market participants believe that if the final data significantly deviates from expectations, there could be severe fluctuations in the stock, bond, and dollar markets. The unemployment rate remains a core variable of concern for the Federal Reserve. Bank of America economist Aditya Bhave pointed out that if the data shows "everything is safe" in the labor market, the Federal Reserve may raise interest rates up to three times this year, but the federal funds futures market is currently only pricing in one rate hike for the year.