Trader Eugene stated that while leveraged ETH Beta is followed when ETH trends positively, most altcoin Beta assets rely on the flaw of ETH capital inflow. Currently, the market choice is diversified, and NFTs can benefit from being priced in ETH without having to sell ETH, potentially becoming a better Beta asset, especially when ETH is close to historical highs. Notable NFT series to follow include Punks and Pudgys.

[Block Rhythm] On August 9th, according to data from the platform, Ethereum founder Vitalik Buterin's on-chain assets have surpassed $1 billion, currently reported at $1.02 billion, with major holdings including 240,000 ETH, 2,906 AETHWETH, and 30 billion MOODENG tokens.

[Chain News] On August 9, it was reported that Nasdaq-listed Bitcoin mining company Bitdeer released the latest data on its Bitcoin holdings. As of August 8, its total Bitcoin holdings have increased to 1,718.1 coins (Note: this number represents pure holdings and does not include Bitcoin deposited by clients). In addition, this week its Bitcoin mining output was 74.8 BTC, but it sold 32.6 BTC.

The market shows that ENA has risen to over 0.74 USDT, with a daily increase of 20%. The current price is 0.743 USDT.

Kain, the founder of Synthetix, recently updated the sUSD depegging issue, stating that the current price is close to restoring the peg. sUSD had depegged to $0.7 in April, prompting Synthetix to implement emergency measures and incentivize SNX stakers to deposit sUSD to restore demand. Despite the difficult process, Kain believes the effectiveness of this plan is limited.

A certain platform will launch the withdrawal function in late September, dedicated to ensuring asset security for users. By utilizing technologies such as smart interception and facial recognition, the platform's security protection will be enhanced. Currently, the withdrawal function has entered the final testing phase, and users can withdraw tokens and DOGE.

[Chain News] On August 9, news from data platforms shows that in the past 24 hours, the total amount of ETH long and short liquidations reached $229 million, of which short order liquidations amounted to $207 million, and long order liquidations amounted to $2.227376 million.

[Chain News] PANews, August 9th, reports that an ancient Whale, who hoarded 14,945 ETH at a price of $7.7 nine years ago, sold ETH again today after selling it for $4,005 last December. Both sales of ETH were at prices above $4,000.

Recently, the BTC price has fallen sharply, the market is quiet, and the volume has decreased. The MACD shows a bearish trend. Technical indicator analysis provides multiple buy and sell points, with the support level at 113390.0 and the resistance level at 118150.0.

The co-founder of Jupiter, meow, revealed that 99.99% of his personal assets are in JUP and admitted to mistakes over the past year. He is working hard to reassure the community, but instead, it has raised concerns about the undistributed JUP budget. He plans to continue solidifying the product before discussing with the DAO and the community.

[Block Rhythm] On August 9, a trader posted: "There's nothing more to say, the $4000 resistance level has been broken, so I capitulated and went long. Now we just wait for the new chairman of a certain company to take us to the promised land."

HackQuest completed a $4.1 million funding round, led by Animoca Brands and Open Campus, with the funds aimed at expanding its developer platform to address the talent shortage in Web3, having attracted 90,000 developers.

Andreessen Horowitz plans to lead a $200 million funding round for Periodic Labs, bringing the company's valuation to $1 billion. Periodic Labs focuses on using artificial intelligence for materials science research and was founded by former scientists from OpenAI and DeepMind.

Analysts point out that the price of Ethereum may quickly rise to $4400, as the negative gamma state in the options market drives market makers to buy when prices pump, creating a self-reinforcing loop. After breaking through $4000, market makers will become net buyers, which could intensify the price rise.

According to reports, Bitcoin mining company TeraWulf's second quarter financial report shows that due to ongoing investments in high-performance computing and Mining operations, its net loss for the first half of this year has expanded to over 79 million dollars, with operating costs (minus depreciation) of about 22 million dollars, a rise compared to 13.9 million dollars in the second quarter of 2024. Its stock price rose nearly 3% at the opening but is currently down nearly 4%.

[Chain News] On August 9, Animoca Brands announced that it has strategically invested in the NFT brand Cool Cats. After the investment is completed, its executive chairman and co-founder, as well as the head of the Mocaverse project, will join the board of Cool Cats.

[Coin World] According to data from the data platform, the Crypto Assets zone index ssiLayer1 has pumped 4.08% in the past 24 hours. Key component coin performances: ETH rose 4.84%, ADA rose 3.99%, AVAX rose 3.99%.

On August 9, Michael Saylor, founder of Strategy, stated in an interview with Bloomberg that over $100 trillion from traditional stock and credit markets could flow into digital asset-backed instruments, outperforming fiat currency.

[Golden Finance] According to reports, a certain Whale continues to accumulate BTC. The newly created Wallet 175k5C withdrew 100 BTC from a certain platform an hour ago, worth approximately $11.71 million. Another Whale bc1qgf obtained 263 BTC from a certain platform today, worth approximately $30.82 million. Currently, this Address holds 891.5 BTC, worth approximately $104 million.

CleanSpark has been accused by U.S. Customs of importing Bitcoin Mining Rigs from China and faces up to $185 million in punitive tariffs. CleanSpark denies the allegations, stating that the equipment does not originate from China and plans to respond actively. Similar issues also affect another listed company, IREN.