According to Whale Alert: A Whale on a certain platform starting with address (0xf349) is shorting Ethereum (ETH) with 25x leverage, with an entry price of $4322.17 and a position value of $16.38 million.

According to reports, the American convenience store chain Sheetz has announced that it will begin accepting Bitcoin and other Crypto Assets as a payment method, and will offer a 50% discount every day for customers shopping with Crypto Assets. Sheetz is a chain valued at $6.2 billion, with 700 stores across the United States.
Previously, the chain fast food brand Steak 'n Shake began supporting Bitcoin payments in stores across the United States starting from May 16. Its Chief Operating Officer stated that after adopting Bitcoin payments, same-store sales grew by 10.7% in the second quarter, and BTC has become a game changer.

[Block Rhythm] On August 11, according to market data, the NFT project Nakamigos saw its floor price briefly surpass 0.34 ETH yesterday, rising over 88%. It is currently reported at 0.19 ETH, having risen over 25% in the past 7 days, with a trading volume of 998.44 ETH in the last 7 days.
The NFT project Crypto Fish's Floor Price once broke through 0.4 ETH, currently reported at 0.3 ETH, with a 7-day Trading Volume of 998.44 ETH.

[Crypto World] Data shows that Bitcoin's market capitalization surpasses Amazon, reaching $2.45 trillion, ranking 6th in global asset market capitalization.

On August 11, Hong Kong stocks related to Digital Money stablecoin concepts performed strongly, with Huajian Medical rising 10.33% to reach a new market capitalization high, International Commercial Settlement and Blueport Interactive rising 8% and 11.48% respectively, and other related stocks also experiencing varying degrees of rise.

[Coin World] According to data from the data platform, the total amount of BTC long and short liquidations in the past hour reached 40.6443 million USD, of which short order liquidations accounted for 40.4914 million USD and long order liquidations accounted for 152.9 thousand USD.

[Golden Finance] According to reports, Tom Lee, co-founder of Fundstrat and chairman of BitMine, stated that Bitcoin could reach $250,000 by 2025.

[Coin World] On August 11, ZORA briefly surpassed 0.13 USD, currently quoted at 0.125 USD, with a 24-hour rise of 27.35%, and a market capitalization of 405 million USD, continuing to set a new historical high.

[Coin World] According to on-chain analysts, a trading platform's investment fund has sold part of its ETH and platform tokens on-chain for profit. They sold 5000 ETH at an average price of 4215 USD, receiving 21.07 million USDC, and sold 6.45 million platform tokens at an average price of 0.28 USD, receiving 1.8 million USDC. This sale realized approximately 8.36 million USD in profit. The aforementioned ETH was purchased in February of this year, and the platform tokens were purchased in July.

According to CCTV news, on August 10 local time, U.S. Treasury Secretary Benson stated that he is leading the search for a successor to Federal Reserve Chairman Powell.

[Coin World] According to data from the data platform, the DeFi zone has changed by 5.3% in the past 24 hours, with a market capitalization of 164 billion USD. Notable rises include LINK rising by 4.6%, HYPE rising by 3.5%, and ENA rising by 2.8%.

The interest rate differential trading is recovering in emerging markets, as the market expects the Fed to cut interest rates, leading to a weaker dollar and prompting asset management firms to invest in high-yield coins. Recently, poor U.S. employment data has further intensified the expectations for rate cuts, and arbitrage trading is heating up again, with multiple institutions bearish on the dollar, believing that the possibility of a significant rebound in the dollar is low.

According to monitoring, a certain dormant Whale that has been inactive for 3 years has staked its 4736 ETH (worth 19.84 million USD) to a certain staking platform.
The Whale accumulated these ETH approximately 9.12 million dollars 4 to 5 years ago, and has currently made a paper profit of 10.7 million dollars.

The recent 4-hour Candlestick shows a significant fall compared to the price on August 10, and a slight recovery compared to September 9. The volume has decreased while the price has risen, indicating weakening momentum. Technical indicators suggest there is no clear trend in the market. The recent support level is 115317, and the resistance level is 118432. Suggested buy and sell points, as well as stop loss points, have all been listed.

The second phase snapshot of the BOOM Airdrop has been completed. In this phase, 60% of the remaining Airdrop allocation will be distributed to eligible users, and the Airdrop claim will start tomorrow.

ETH broke through $4,000 for the first time at the end of 2024, with market sentiment rising. Analysts expect the target to reach $20,000. If the weekly Closing Price is above $4,100, a new historical high may appear within 1-2 weeks.

[Chain News] PANews reported on August 10 that the Chief Executive of the Hong Kong Special Administrative Region, John Lee, stated on the 10th that as of the end of July, the total number of registered local companies in Hong Kong exceeded 1.5 million, and the number of registered non-Hong Kong companies exceeded 15,000, both of which set historical highs. From January 2023 to July this year, the Invest Hong Kong has assisted 1,333 enterprises in establishing or expanding their businesses in Hong Kong, bringing in HKD 174 billion in first-year direct investment, and creating over 19,000 new jobs.

[Coin World] According to monitoring, in the past two hours, Galaxy Digital transferred 224,000 SOL to a certain trading platform and another trading platform, worth approximately 41.12 million dollars.

[Coin World] According to data tracking from the platform, over the past 7 days, the decentralized token launch platform heaven has been the project with the most new followers among X (Twitter) top figures. New influential figures following this project include the anonymous Twitter KOL Inversebrah and the CEO of Psyops Capital.

Ethereum's market capitalization has surpassed $500 billion, meeting the investment requirements for public funds in some U.S. states. New Hampshire and Texas have passed related bills allowing a portion of public funds to be invested in encrypted assets with a market capitalization exceeding $500 billion, and Oklahoma is also advancing similar legislation.