[Coin World] On August 8th, according to data platforms, XRP futures trading volume surged, with a 24-hour volume increase of 208%, reaching 12.4 billion USD, surpassing SOL's 9.6 billion USD. Open interest climbed to 5.9 billion USD (+15%). Analysis indicates that the current market's funding rate suggests a high number of long positions, and if the price falls, it may increase the liquidation risk.

[Bi Push] According to data platforms, the volume of XRP futures trading surged, with a 24-hour volume pump of 208%, reaching 12.4 billion USD, surpassing SOL's 9.6 billion USD. The open interest climbed to 5.9 billion USD (+15%).
Analysis indicates that the current market funding rate suggests a higher number of long positions. If the price drops, it may increase the liquidation risk.

On August 8, according to monitoring, a newly created Wallet withdrew 4000 ETH from a certain trading platform, worth 15.65 million USD, and may stake through Lido.

Vitalik Buterin mentioned that Visa's decentralization concept is similar to modern DAOs, but is now seen as a value extraction institution. He believes that Visa's transformation provides a reference for the development of Web3 and encryption networks, mentioning the "Chaordic Organization" concept of Visa's founder, emphasizing the importance of decentralized governance.

[Coin World] BIO Protocol announced that since the launch of V2 version earlier this week, the total amount of BIO tokens staked on the platform has exceeded 100 million, accounting for more than 5% of the circulating supply. The upgrade of V2 version introduced a brand new BioXP points system, allowing users to earn points through staking and use them to qualify for participation in future pre-sale projects, promoting liquidity growth on the platform. In addition, its token BIO saw a price rise of over 50% in the past 24 hours after being listed on a trading platform a few days ago.

[Coin World] Huaxing Capital stated that Mr. Bao Fan officially resigned from his positions as Executive Director, Chairman of the Board, Chief Executive Officer, and all related roles on February 2, 2024, and will no longer be involved in the daily management and operations of the group. Huaxing Capital declined to comment on his personal life citing private reasons.

[Coin World] According to data from the data platform, in the past 7 days, the RWA protocol StableStock, which focuses on the stock market, has been the project with the most new social platform top influencers following it. New influencers who have followed this project include Block Mr., crypto assets analyst Phyrex, and Aussie Lion BroLeon.

[Coin World] According to reports, due to the increase in staked ETH and regulatory support for liquid staking, the transaction volume on the Ethereum network has soared to an all-time high. The U.S. Securities and Exchange Commission clarified that certain liquid staking activities do not qualify as securities, which has sparked institutional interest. Driven by corporate staking and an increase in treasury holdings, the price of Ethereum has surged 163% since April. Earlier this week, the blockchain's seven-day average daily transaction volume reached 1.74 million, surpassing the previous record of 1.65 million set on May 12, 2021.

According to the latest announcement, a Bitcoin treasury company has completed an additional $65 million financing, equivalent to approximately 555 Bitcoins (calculated at the current price of $116,750).
The funds will be officially activated after the merger of the company with CEPO is completed. It is reported that the merged company will trade under the stock code "BSTR" and plans to hold 30,021 Bitcoins.

ETF expert Nate Geraci expects that after the resolution of the Ripple lawsuit, BlackRock will submit an XRP ETF application to the SEC to promote the diversification of crypto portfolios. He emphasized that ignoring other crypto assets is meaningless.

[Block Rhythm] On August 8, economist and crypto asset critic Peter Schiff stated, "Most Americans' savings are far from sufficient to support retirement. Trump's allowance for Americans to invest their meager retirement savings in Bitcoin and other crypto assets from their 401(k) accounts will only exacerbate this issue."

[Coin World] News on August 8th reports that according to data, in the current context of the crypto market maintaining a sideways fluctuation, the proportion of long positions in the platform ETF leveraged tokens has risen to 80%, reaching the highest level in nearly three months, indicating that investors still maintain strong confidence in the future market.
As one of the few centralized exchanges in the industry that continuously provides leveraged token services for encryption users, Gate currently supports up to 326 types of tokens, offering the widest range of underlying coverage for the market.
While actively expanding a diverse range of derivative tools, Gate places a high value on user risk education. By enhancing risk warnings and optimizing reallocation mechanisms, it is committed to helping users reasonably utilize leveraged tokens and reduce potential risks arising from market fluctuations or long positions.

In the 32nd week of 2025, Bitcoin's computing power rose to 965 EH/s, with an average price dropping to 114,285 dollars. Mining dynamics include a certain company's increase in output, Sazmining's partnership with Square, the Winklevoss brothers investing in American Bitcoin Corp, and Greenidge selling its mining farm.

On August 8, according to reports, Twitter co-founder Jack Dorsey's payment platform Block Inc reported a rise in revenue for the second quarter of this year, driving its stock price up 6% in after-hours trading on Thursday.
According to the latest quarterly report disclosed on Thursday, Block achieved a gross profit of $2.54 billion in the second quarter, a year-on-year rise of 14%. The company stated in another shareholder letter that it has raised its gross profit forecast for 2025 to $10.17 billion, higher than the previous estimate of $9.96 billion.
In the second quarter, the net profit attributable to common stockholders of the Block was 538.46 million USD, compared to a net profit of 195.27 million USD in the same period last year.

[比推] The DeSci project ResearchHub Foundation stated that it will automatically burn 100% of the Money Laundering collected by the foundation every week through governance proposals. Complete details will be announced on Snapshot.

【Coin World】The recent 4-hour Candlestick shows that the price has slightly risen compared to 2025-08-07 16:00:00, slightly fallen compared to 2025-08-07 12:00:00, and has rebounded compared to 2025-08-06 08:00:00. There is a bullish candle, and the last Candlestick is a Bullish line with the Closing Price greater than the Opening Price. The recent Candlestick shows that the volume has increased: the recent trading volume has increased, and the volume has risen compared to the previous hours. The price and volume are both rising: trading is active, and the pump momentum is strong. The technical indicator analysis shown by the recent Candlestick is:

[Block Rhythm] On August 8, trader AguilaTrades has increased his long orders of BTC and ETH to 227 million USD this morning, currently with unrealized gains of 3.227 million USD.
· BTC: 40x long order, holding 1277.75 coins, opening price 115,968 USD;
· ETH: 25x long order, position 20296.06 coins, opening price 3,783.1 USD.

[Chain News] On August 8, news from on-chain analysts indicates that 25 minutes ago, a Multi-signature Wallet of Pendle transferred 900,000 PENDLE worth approximately 4.65 million USD to a certain platform.

Ethereum co-founder Vitalik Buterin supported the "Ethereum Asset Reserve Company" in an interview, believing it can allow more investors to access Ethereum, but warned against excessive leverage to prevent a chain reaction triggered by price falls. He believes that investors can maintain self-discipline.