[Coin World] According to an official announcement, Australia's Monochrome Spot Bitcoin ETF (IBTC) disclosed that as of August 5, the open interest has reached 969 Bitcoins, with a market capitalization of approximately 171 million AUD.

S&P Global has granted a "B-" credit rating to the stablecoin system Sky Protocol's USDS for the first time, indicating stable profitability but highlighting risks such as governance centralization, user concentration, and weak capital ratios. The rating may be downgraded within the next 12 months, and improving governance and capital adequacy is expected to enhance the rating.

On August 8, with a surge in ETH, the last limit sell order of a certain swing trading Whale was executed, selling 5,000 ETH at $3,895, worth approximately $19.475 million, and the fourth swing trading also ended with a profit.

On August 8, the crypto market's various zones generally rose by about 2% to 9%. Trump signed an order allowing 401(k) to invest in crypto assets, boosting market sentiment. The Layer2, PayFi, and NFT zones performed exceptionally well, with Mantle and XRP significantly rising, Ethereum briefly breaking through $3900, and Bitcoin reported at $116,000.

Recent candlestick analysis shows that after a significant fall, the price has rebounded, with an increase in volume and a vibrant market. Technical indicators indicate strong long positions, with buy and sell points at 3714.79 and 3880.0 respectively, support level at 3495.0, and resistance level at 3880.0.

[Chain News] On August 8, according to the official announcement, a certain trading platform will launch IP Token in the KRW, BTC, and USDT markets.

On August 8, U.S. stocks closed with the Dow down 0.51%, the S&P 500 down 0.08%, and the Nasdaq up 0.35%. Crypto Assets related stocks generally rose, with Coinbase up 2.37%, Circle down 5.43%, and Bitmine up 7.30%.

[Chain News] PANews, August 8th news, according to data platform monitoring, a trader in a recent 15x leveraged ETH short order operation had a $14 million profit opportunity but did not close the position. With the big pump in ETH price, the position has turned from a profit of $14 million to unrealized losses of $7 million, ultimately resulting in a real loss of $11 million.

On August 8, the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs officially came to an end after four years. Both parties submitted a joint statement to the Second Circuit Court of Appeals on Thursday, announcing their voluntary withdrawal of the appeal against the first-instance judgment in July 2023.
It is reported that both parties will bear their own litigation costs and uphold the original ruling of the local court by Judge Analisa Torres, namely:
· The sale of XRP by Ripple to institutional investors constitutes a violation of securities laws.
· A fine of 125 million dollars
· Issue a permanent ban to prohibit future violations
Previously, in 2020, the SEC sued Ripple during the tenure of former chairman Jay Clayton (currently the U.S. Attorney for the Southern District of New York), accusing it of violating securities laws by selling XRP tokens.

According to data platform sources, the Ethereum ETH price today has surpassed $3904.77, with a 24-hour rise of 6.05% and a volume of $26.428 billion.

According to reports, the dollar index rose 0.23% on the 7th, closing at 98.400 in the foreign exchange market.

[Coin World] On August 7th (UTC+8), Fed's Bostic stated that the risks in the job market have increased, but it is still too early to commit to a rate cut. More data will be released before the Fed's next meeting, and inflation is expected to continue to rise in the coming months. Bostic mentioned that he still believes a 25 basis points rate cut might be the most appropriate this year, but "we will actually receive a lot of data regarding inflation and the employment situation, which will make me think about... the relative balance of risks between inflation and employment. The employment data indeed suggests that the risks in employment are much higher than before... I will definitely be watching closely."

[Coin World] Fed's Bostic stated that he hopes price pressures will ease from mid-next year to the end of the year, and he hopes to return to neutral interest rates by 2026.

[Coin World] According to reports, Fed's Bostic will participate in a fireside chat about monetary policy in ten minutes; U.S. wholesale sales month-on-month for June will be announced in ten minutes.

[Block Rhythm] On August 7, it was reported that New York financial regulators stated that Paxos Trust has reached a settlement agreement of $48.5 million due to shortcomings in AML and due diligence related to a certain trading platform.

[Chain News] On August 7, news came that the US stock market's Crypto Assets zone has seen a pump, with a certain platform rising over 3%, Bitfarm rising nearly 4%, and Hut 8 rising nearly 5%. White House officials stated that Trump will sign an order to pave the way for alternative assets in 401(k).

[Coin World] On August 7, Processa Pharmaceuticals (NASDAQ: PCSA) announced today that it has received a strategic investment and plans to incorporate Crypto Assets into its corporate financial management strategy. The company has hired LifeSci Capital as an advisor to assist in implementing related strategies. Processa stated that this decision aims to diversify its capital structure and enhance financial flexibility. The company will explore using Blockchain assets to support its clinical development projects while strictly adhering to regulatory standards.

[Coin World] SharpLink announced on social media that it has raised $200 million through a share placement at $19.50 per share, led by four global institutional investors. The new funds will be used to expand the Ethereum treasury.

[Bitpush] According to official news, SharpLink Gaming announced a targeted issuance financing of 200 million dollars, with an issuance price of 19.50 dollars per share, led by four global institutional investors.
The current round of funding will be used to expand the company's Ethereum (ETH) reserves, and it is expected that after full deployment, SharpLink Gaming's Ethereum asset scale will exceed 2 billion dollars.

TRON has launched the minimalist file manager BTFS Finder, which is part of the centralized storage solution BTFS, aimed at providing a zero-threshold decentralized file management experience, enabling easy file uploads and secure management through an intuitive interface.