scale

According to Onchain Lens monitoring, Grayscale has transferred 572.9 BTC and 44,320 LINK from its Bitcoin Trust and Chainlink Trust wallets to Coinbase Prime, valued at approximately $35.9 million and $391,000, respectively.

According to PR Newswire, AI data center company Hyperscale Data (NYSE: GPUS) announced that it has completed the sale of approximately 685 bitcoins, cashing out about 43 million dollars at recent market prices.The funds will primarily be used for the ongoing development and expansion of the Michigan data center, while repaying approximately 30 million dollars in debt to optimize the capital structure. After the sale, the company still holds about 275 bitcoins. The company's Executive Chairman Todd Ault stated that this move is part of a capital allocation decision and not a abandonment of the long-term bitcoin accumulation strategy. The company will continue to engage in bitcoin mining and plans to gradually rebuild its bitcoin holdings over time.

According to the latest data from RootData's tokenized asset dashboard, the top three exchanges ranked by TradiFi asset contract OI size are Binance, Hyperliquid, and Gate.Binance ranks first with an approximate contract OI of $3.5 billion, holding a market share of 39.5%. Hyperliquid ranks second with an approximate contract OI of $2.07 billion, holding a market share of 23.4%. Gate ranks third with an approximate contract OI of $1 billion, holding a market share of 11.4%. The combined market share of the three is approximately 74.3%.It is reported that this TradiFi asset statistics only include contract and tokenized native asset types in cryptocurrency, excluding traditional stock brokerage data.

According to data from the official page, the Gate Launchpool's first project, DOS staking mining activity, is currently ongoing. At present, the total amount of liquid staking in the USDT staking pool exceeds 118 million USDT, with an estimated annual percentage rate (APR) of 7.26%; the total amount of liquid staking in the GUSD staking pool exceeds 81.39 million GUSD, with an estimated annual percentage rate reaching 7.31%. Adding the base 3.80% interest from GUSD's current subscription yield, the comprehensive estimated annual yield rate for the GUSD pool is approximately 11.11%. Currently, the cumulative staking scale of the two major staking pools has exceeded 199 million USD. This activity will last until August 24 at 19:00 (UTC+8), with a total reward of 1,410,000 DOS.In addition, the cumulative subscription scale of Gate's yield-generating stable asset GUSD has currently reached 256 million USD, setting a historical high and continuously expanding stable returns and ecological application scenarios.

According to SoSoValue data, on August 13, Eastern Time, the total net inflow of Ethereum spot ETFs was $6.7169 million. The Ethereum spot ETF with the highest single-day net inflow was Grayscale Ethereum Trust ETF ETH, with a single-day net inflow of $6.4748 million, bringing the historical total net inflow for ETH to $1.819 billion.Following that is Morgan Stanley Ethereum Trust MSSE, with a single-day net inflow of $810,300, and the historical total net inflow for MSSE currently stands at $21.8789 million. The Ethereum spot ETF with the highest single-day net outflow was Blackrock ETF ETHA, with a single-day net outflow of $569,200, and the historical total net inflow for ETHA has reached $11.633 billion.As of the time of publication, the total net asset value of Ethereum spot ETFs is $10.572 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) of 4.64%, and the historical cumulative net inflow has reached $11.453 billion.

According to official news from Robinhood, Robinhood Ventures Fund II (RVII) announced the pricing of its initial public offering, issuing 8 million shares of common stock at a price of $25 per share. The total size of the fund is $225.5 million (before deducting sales expenses and issuance costs), and if the underwriters fully exercise the option to purchase an additional 1.2 million shares, the size could reach up to $255.5 million.Shares are expected to begin trading on the New York Stock Exchange on August 13, with the stock ticker RVII, and the issuance is expected to be completed on August 14. Goldman Sachs is serving as the lead bookrunner for this offering, with Citigroup, J.P. Morgan, UBS Investment Bank, and Wells Fargo Securities as co-bookrunners.

According to the Nikkei News, individual investors in the Japanese stock market are accelerating their use of leverage to bet on AI trends. As of July, the amount of credit trading by individual investors in the Japanese stock market reached 123 trillion yen (approximately 1.09 trillion yuan), doubling since the beginning of the year and reaching the highest level since related statistics began in 2016.Data shows that in June, the scale of credit trading by Japanese individual investors hit a historical high, and in July it continued to maintain a high level. At the same time, the proportion of credit trading in the overall trading amount of individual investors rose to 83%, also setting a new record.AI concept stocks have become the main driving force behind the surge in credit trading, among which the credit buy balance of AI storage concept stock Kioxia reached 13.23 million shares as of August 7, making it one of the popular targets.Benefiting from the recent rise in the Japanese stock market, the overall performance of leveraged investors has been decent. The floating yield of credit trading investors briefly turned positive in June, although it fell back to a loss of 8.4% by the end of July, it is still better than the average loss level of the past 10 years (-10.2%).

Binance's tokenized stock product bStocks has been online for less than two months and has surpassed the tokenized stock value of the cryptocurrency trading platform Kraken's xStocks, becoming the second largest issuer. bStocks has a scale of approximately $624 million, xStocks about $579 million, and Ondo Finance about $927 million. As of Tuesday, bStocks' scale has decreased to $610.6 million, still ranking second, slightly above xStocks' $601.2 million.In the past year, the total value of the tokenized stock market, according to issuers, has increased from about $8 million to approximately $2.7 billion. Binance launched bStocks on June 11, allowing investors to gain exposure to U.S. stocks through blockchain tokens without directly holding the underlying stocks. Binance co-founder and former CEO Changpeng Zhao stated that the rapid growth of bStocks is attributed to Binance's user base.

According to official data, the cumulative subscription scale of Gate GUSD's current U.S. Treasury bonds has exceeded $251 million, setting a new historical record. Users holding GUSD can enjoy an annualized subscription yield of 3.8%, with earnings distributed daily, and it supports flexible deposits and withdrawals, meeting users' dual needs for stable income and liquidity.Meanwhile, the Gate Launchpool DOS staking activity is ongoing, with the estimated annualized yield of the DOS GUSD staking pool reaching 10.63%. When combined with the basic 3.80% current yield of GUSD, the overall annualized yield reaches 14.43%. The subscription for the third phase project of Gate Pre-IPOs, Moonshot AI (KIMI), has begun, allowing users to participate using both USDT and GUSD. Participating in the subscription with GUSD allows users to simultaneously enjoy the 3.8% current U.S. Treasury bond yield, achieving a combination of income generation and innovative asset allocation.

According to PR Newswire, the publicly listed company Hyperscale Data disclosed that it did not make any sales of its Bitcoin holdings last week. As of the disclosure, the company and its wholly-owned subsidiaries Sentinum and Ault Capital Group collectively hold 961.2678 Bitcoins, with a holding value of approximately $62.3 million based on current market prices.In addition, the board of Hyperscale Data is evaluating multiple strategic options aimed at enhancing shareholder value and has initiated a comprehensive strategic review of the company's business. The review will cover areas including: selling or leasing part or all of its data center assets in exchange for cash, bringing in strategic investors, forming joint ventures, or continuing to hold and advance the development of existing assets. The final plan has not yet been determined.

According to Gate market data, Intel (INTC.O) stock price fell 1% in pre-market trading after the company announced an increase in the size of its stock issuance and set the pricing.

Nomura Securities stated that the scale of the intervention by the Japanese Ministry of Finance may exceed the levels seen from late April to early May, with an estimated intervention scale of approximately 14.1 trillion yen (equivalent to 88 billion USD) during the period from July 30 to August 3, surpassing the total intervention amount of 11.7349 trillion yen on April 30, May 4, and May 6.

According to CoinDesk, Bitwise Research Director Ryan Rasmussen stated that as the stablecoin market expands to a scale of trillions of dollars, Circle's value is underestimated by the market. Rasmussen expects the stablecoin market to grow from about $300 billion to $3 to $5 trillion, with Circle having a first-mover advantage due to its existing market share as U.S. stablecoin regulations take shape.He believes that Circle will not only become a stablecoin giant but also a payment giant—its payment infrastructure under construction will play a key role in a stablecoin-driven financial system, yet investors are still too focused on its reserve business. Rasmussen compared Circle's potential development trajectory to that of Visa and Mastercard, arguing that the entry of banks and other giants is not a major threat, as the pace of market expansion is sufficient for Circle to maintain growth. He mentioned that Circle's Arc blockchain will test whether it can expand from stablecoin issuance to the payment infrastructure sector, with the key in the coming year being how its economic model changes with the adoption of stablecoins and the development of infrastructure.

Grayscale Research Director Zach Pandl stated that the global alternative asset market has grown nearly 7 times since the 2008 financial crisis, with the share of private equity, private credit, hedge funds, physical assets, and cryptocurrency in global portfolios continuing to rise. According to the data he cited, within alternative assets, private equity accounts for about 29%, hedge funds about 23%, and cryptocurrency about 13%.Zach Pandl mentioned that differences in intergenerational allocation preferences may further strengthen this trend. According to a Bank of America survey of high-net-worth individuals, investors aged 21 to 43 allocate about 53% of their assets outside of traditional stocks and bonds, while the proportion for those aged 44 and above is 26%. With over $100 trillion in wealth expected to transfer to younger generations in the coming years, their stronger preference for alternative assets may provide ongoing tailwinds for cryptocurrency.He added that the lowering of entry barriers to alternative assets is one of the reasons for this shift, with cryptocurrency developing along similar paths; regulated products like Bitcoin ETPs and institutional-grade market infrastructure provide more convenient access to exposure.

According to TechFundingNews, AI infrastructure company Nscale is preparing for an IPO in the U.S., which could start as early as September this year. The company has disclosed to potential investors that its cumulative contracted revenue has reached approximately $51 billion. Currently, Goldman Sachs and JPMorgan Chase are serving as advisory firms for Nscale's potential IPO, but discussions are still ongoing, and the listing date may be delayed.Nscale is a company spun off from the cryptocurrency mining company Arkon Energy, primarily focusing on AI data centers, GPU computing power, and energy infrastructure. In July of this year, it announced the acquisition of distributed AI software company Anyscale for approximately $1.65 billion, with clients including Coinbase, Runway, and Bedrock Robotics. Previously, it was reported that AI infrastructure Nscale completed a $2 billion Series C financing round, achieving a valuation of $14.6 billion, led by Aker ASA and 8090 Industries, with participation from NVIDIA, Lenovo, and Nokia.

According to the SEC page, Grayscale has submitted 3 Form RWs, withdrawing the S-1 registration statements for Grayscale Cardano Trust ETF, Grayscale Hedera Trust ETF, and Grayscale Polkadot Trust ETF.

According to the latest data from Gate, the staking scale of the latest SNDKG event in Gate Launchpool continues to grow. Currently, the total amount of liquid staking in the ETH pool has reached 25,677.34 ETH, with a current APR of 3.45%; the total amount of liquid staking in the BTC pool has reached 1,443.01 BTC, with a current APR of 1.23%; the total amount of liquid staking in the GT pool has reached 1,174,131.24 GT, with a current APR of 4.13%.At the same time, Gate Launchpool is simultaneously opening the SPCX staking pool. Among them, the current total amount of liquid staking in the SPCX GUSD pool has exceeded 80 million GUSD, with a staking APR of 4.41%. Adding the GUSD current account's 3.8% base annualized rate, the comprehensive annualized yield reaches as high as 8.21%; the current total amount of liquid staking in the USDT pool is nearly 92 million USDT, with a staking APR of 5.59%.

Grayscale Research Director Zach Pandl stated that even if the Clarity Act does not pass, the main blockchain operations, the demand for Bitcoin as a store of value, and the growth of stablecoin payments will not be immediately affected, and regulators will fill the regulatory gaps through rule-making.Zach Pandl pointed out that the lack of comprehensive market structure legislation may suppress new investment activities in the U.S., prompting participants in the crypto industry and startups to turn to overseas jurisdictions with clear regulatory frameworks. The U.S. government will continue to support the development of the crypto ecosystem. Strategy co-founder and Executive Chairman Michael Saylor previously stated that regardless of whether the Clarity Act passes, Bitcoin will continue to evolve, but the U.S. needs clarity in digital asset regulation. Senator Bernie Moreno stated that Senate Democrats and Republicans have concluded relevant negotiations and will proceed to a vote.

Zach Pandl, the head of research at Grayscale, published an analysis stating that although the Clarity Act may still reach an agreement on a technical level, the Senate schedule and the political reality of an election year make the likelihood of passing it this year very low, but the impact is limited. The failure of the bill will not immediately affect the operation of major blockchains, the demand for Bitcoin as a store of value, or the growth of stablecoin payments— the industry has been developing without this bill for nearly 17 years. However, the lack of comprehensive market structure legislation may hinder new investment activities in the U.S., including the development of the tokenized securities market and the regulatory framework for digital asset intermediaries. Under the current administration, regulatory guidance has supported the industry through measures such as new rules for institutional custody, improved bank access, staking policies, and the crypto ETP framework. The SEC and other regulatory agencies are expected to continue filling gaps through rulemaking. The lack of comprehensive regulation may lead to more entrepreneurial activities flowing overseas.

According to the Korea Economic Daily, SK Hynix is preparing a shareholder return plan that includes stock buybacks and cash dividends, with a total scale expected to be about 100 trillion won (approximately 71 billion USD).Among them, the stock buyback scale is expected to reach 40 trillion won (approximately 28.4 billion USD), accounting for more than 2% of the company's total issued shares. This scale is close to the proportion of new shares issued for the American Depositary Receipts (ADR) listing previously by SK Hynix.Compared to last year's shareholder return scale of about 14.3 trillion won (including about 2.1 trillion won in cash dividends and about 12.2 trillion won in stock cancellations), this plan's scale has increased by about 7 times.Behind SK Hynix's large-scale return plan is its leading position in the AI infrastructure core storage HBM (High Bandwidth Memory) market. The company expects revenue of about 345.6 trillion won this year, with operating profit of about 266.4 trillion won, representing year-on-year growth of approximately 256% and 464%, respectively.Previously, SK Hynix stated in its earnings call that HBM4 shipments will officially ramp up in the second half of the year, while advanced process DRAM shipments will also increase, with overall shipments expected to be higher than in the first half.Market institutions believe that as the demand for AI computing power continues to grow, SK Hynix's improved profitability may drive a recovery in the company's valuation. HSBC previously pointed out that the market's pricing of SK Hynix's profit cycle has been relatively pessimistic, and this shareholder return plan may become one of the important factors for valuation improvement.