News linked to both this project and an event.
According to monitoring by on-chain analysis platform Lookonchain (@lookonchain), the smart trader pension-usdt.eth, previously known for 23 consecutive winning trades and cumulative profits of $49 million, had its 50,000 ETH short position (worth approximately $106 million) fully liquidated, resulting in a liquidation loss of approximately $23.9 million. Earlier, the trader established the aforementioned short position on June 23, at which time unrealized profits once reached $4.35 million; however, as the ETH price continued to rebound, it ultimately triggered forced liquidation.
Odaily News – Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, stated that Bitcoin (BTC) could rise to $100,000 by the end of 2026 as the U.S. Treasury expands liquidity support for the long-term bond market.In a recent client report, Kendrick noted that Bitcoin's current key technical resistance level is $65,500. If the price breaks through this level, it could signal that the cyclical low for this market cycle has already formed. He suggested investors begin positioning for a Bitcoin rally to $100,000 by year-end. Kendrick stated that beyond the four-year cycle pattern for Bitcoin, which suggests the market may be nearing a bottom, the U.S. Treasury's recent announcement to expand long-term bond buybacks is also a significant catalyst.The U.S. Treasury plans to raise the cap on buyback operations for 10- to 20-year and 20- to 30-year Treasury bonds from $2 billion to at least $4 billion per operation. The expanded program is scheduled to be implemented from September 9 to November 4. Following the announcement, yields on long-term U.S. Treasuries notably declined, easing the pressure that the significant sell-off in the bond market had placed on financial markets.Kendrick believes the Treasury's expanded bond buybacks represent a "favorable environment for Bitcoin," as Bitcoin has previously benefited multiple times from government liquidity interventions, while its fixed supply mechanism gives it properties that hedge against currency debasement. In the market, Bitcoin rose over 6% on Wednesday, briefly approaching $69,000, marking its highest level since early June. Kendrick has previously been repeatedly bullish on Bitcoin's long-term trajectory, arguing that as global fiscal pressures increase and monetary policy trends toward easing, Bitcoin may enter a new long-term upward cycle. (Cointelegraph)
Odaily News: Edward Zimbardi, a 59-year-old Georgia resident, appeared in U.S. federal court facing 12 counts of wire fraud, 12 counts of money laundering, and one count of conspiracy to commit money laundering. Fiji authorities handed him over to U.S. custody on August 14, in coordination with the Federal Bureau of Investigation (FBI) and the U.S. State Department.Prosecutors allege that Zimbardi operated a project called "The Crypto Program" from June 2022 to August 2023, luring participants with promises of a fixed 25% monthly return on advertising packages, requiring them to transfer cryptocurrency into wallets he secretly controlled. The government claims that thousands of individuals collectively transferred over $165 million into these wallets. Prosecutors stated that Zimbardi did not purchase advertising but instead funneled more than $34 million into high-risk forex trading, using funds from new investors to pay earlier ones. His personal spending totaled at least $10 million, including purchasing property for his son, buying luxury cars, and making alimony payments.The U.S. Department of Justice stated that after the project collapsed in August 2023, Zimbardi left the country and settled in Fiji in July 2025 upon learning of the FBI investigation. The FBI is urging affected investors to come forward with information. (Decrypt)
Odaily News, U.S. Treasury Department data shows that foreign investors' holdings of U.S. Treasuries fell to $9.299 trillion in June from $9.371 trillion in May, a decrease of approximately $72 billion month-over-month, mainly driven by reductions from Japan, the UK, and China, but still up 2.3% year-over-year.Among them, Japan's holdings of U.S. Treasuries fell 2.3% month-over-month to $1.116 trillion in June, remaining the largest overseas holder; the UK's holdings fell 1% to $939.9 billion. In June, net capital inflows on a transaction basis into U.S. Treasuries were only $6.8 billion, down from $56.6 billion in May. (Reuters)
Odaily News – Crypto market analysis firm Santiment Intelligence disclosed on August 17 that Bitcoin balances on exchanges have risen to their highest level since June 15. Balances recovered from approximately 1.304 million BTC on July 28 to about 1.332 million BTC on August 16, an increase of roughly 28,000 BTC, erasing approximately 84% of the previous six weeks' outflows.The U.S. Securities and Exchange Commission (SEC) allows in-kind creation for spot Bitcoin ETFs, permitting authorized participants to deliver Bitcoin directly to eligible funds in exchange for shares. ETF capital can source Bitcoin from over-the-counter trading desks, existing holders, and other off-exchange channels, without necessarily corresponding to a decline in exchange wallet balances.In the first full week of August, U.S. spot Bitcoin ETFs saw net inflows of $853.54 million, with net inflows for five consecutive trading days, while BlackRock's IBIT attracted $693.5 million. On August 12, these ETFs recorded net outflows of $61.16 million, primarily from Fidelity and BlackRock; exchange balances have since stabilized at around 1.332 million BTC. (Bitcoin.com News)
Odaily News: According to on-chain analyst Ember's monitoring, the SIREN holder who caused SIREN to drop 96% within two days in June is also one of the token manipulators involved with XPIN. In the past two hours, the SIREN holder (0x58B...4d06, 0x644...5A48) transferred 1.324 billion XPIN, worth $1.71 million, to Binance Alpha; subsequently, XPIN fell from $0.0017 to $0.0012, a decline of 29%.
Odaily News: According to Duquesne's 13F filing for the second quarter of 2026 with the U.S. Securities and Exchange Commission (SEC), as of June 30, Duquesne disclosed for the first time a holding of $23 million in shares of Hyperliquid Strategies Inc (NASDAQ: PURR), the treasury company for HYPE. Earlier information indicated that Federal Reserve Chair Warsh previously worked at the Duquesne family office; prior to taking office, his major assets exceeded $100 million, including two investments exceeding $50 million each related to Duquesne Family Office, likely connected to his advisory role with the family office.
Odaily Planet Daily reported that DWF Labs posted on X, stating that on a fund size basis, ETH spot ETFs have outperformed BTC spot ETFs in capital flows since June. In June, ETH ETF net outflows accounted for 4.65% of fund size, lower than BTC ETF's 8.09%; in July, ETH ETF net inflows accounted for 3.19% of fund size, compared to BTC ETF's 0.34%, with the former approximately 9.4 times that of the latter.DWF Labs noted in May that institutions generally lacked interest in ETH, with net capital flows gradually declining. Over the past few weeks, this trend has begun to shift.
Odaily News: Shaw posted on X platform, stating that daos.fun founder baoskee used insider information to trade during the ai16z project rename and migration process, profiting approximately $6.6 million by selling ai16z. Shaw claimed that in June 2025, the project team promised to launch a Snapshot vote for the community to decide whether to rename, after a16z had previously requested the project to change its name to avoid trademark disputes. When the voting mechanism was not launched on time as promised, baoskee, knowing about the rename pressure and subsequent migration plans, sold all ai16z from daos.fun's execution wallet and continued to dump tokens before the project migrated to elizaOS, causing the token price to drop. Shaw believes baoskee possessed information that other holders did not have at the time. Baoskee denied the allegations in response, stating that the Snapshot vote had actually been launched, and that daos.fun had additionally added and locked in over $1 million in ai16z liquidity at its own expense. Baoskee also counter-accused Shaw of serious issues in project operations, token migration, and development fund usage. There is a clear discrepancy between the two parties' statements. Shaw stated he would attach relevant on-chain records.
According to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), address 0x643…CF565 deposited 7,981 ETH (approximately $14.99 million) into FalconX 3 hours ago, suspected of reducing positions. The address established positions in June at an average price of approximately $1,637. Since July, it has cumulatively deposited 10,735.8 ETH (approximately $20.04 million). If all sold, the estimated profit would be approximately $2.47 million. Currently, the wallet still holds 7,625 ETH, with an unrealized profit of approximately $1.86 million.
Odaily News: Individual investors in the Japanese stock market are increasingly using leverage to bet on the AI rally. According to a report by Nikkei on the 13th, as of July, the total margin trading amount by individual investors in the Japanese stock market reached 123 trillion yen (approximately 1.09 trillion yuan), doubling from the beginning of the year and hitting the highest level since comparable data began in 2016.Data shows that in June, the margin trading volume of Japanese individual investors hit a record high, and remained elevated in July. Meanwhile, margin trading’s share of total individual investor trading volume rose to 83%, also setting a new record.AI-related stocks have been a key driver behind the surge in margin trading. As AI stock prices fluctuate significantly, investors are borrowing funds or shares for short-term trades to capture pricing opportunities. Among them, AI memory stock Kioxia Holdings saw its margin buying balance reach 13.23 million shares as of August 7, making it one of the hot targets.Tomohiro Kubota, an analyst at Matsui Securities, noted that popular AI stocks such as Kioxia have recently exhibited high volatility, with active trading centered around short-term profit opportunities.Benefiting from the recent rise in the Japanese stock market, leveraged investors have performed relatively well overall. The floating profit rate of margin trading investors briefly turned positive in June—a rare occurrence—and although it slipped back to a loss of 8.4% at the end of July, it remains better than the 10-year average loss of -10.2%.However, analysts warn that the heating up of AI-themed trading has also amplified market volatility risks. Should popular AI stocks experience a sharp pullback, highly leveraged retail investors could face margin call pressure.
According to on-chain analyst Yu Jin, a whale who bought ETH with leverage in early June to chase the rise has completed taking profit and closed the leveraged position today. The address previously collateralized ETH via loop lending on June 7, borrowed 30 million USDS from Spark, subsequently bought 18,212 ETH, with an average buy price of approximately $1,647.
Odaily News: According to on-chain analyst Ai Yi's monitoring, a certain address has transferred a cumulative total of 2,300 BTC to Wintermute's deposit address since June 25, with a total value of $142 million and an average deposit price of $61,813. The most recent transfer occurred 6 hours ago, valued at $50.72 million. The funds for this address originated from Paxos, and the ownership of the address has not yet been confirmed.
According to Bloomberg, Hon Hai Precision Industry Co., Ltd. (Hon Hai Precision Industry) announced second-quarter results ended June, with net profit increasing 35% year-on-year to NT$60 billion (approximately US$1.9 billion), exceeding analysts' average expectation of NT$58.4 billion; quarterly revenue had previously recorded a 40% increase. July single-month revenue surged 54.2% year-on-year to NT$946.5 billion, far exceeding analysts' average expectation of a 32% increase for the quarter. The company's strong performance reflects sustained robust global demand for AI hardware.
Odaily News: Gurinder Singh Josan, Co-Chair of the UK Parliamentary Crypto and Digital Assets All-Party Parliamentary Group (APPG), along with Lord Vaizey of Didcot, has written to the CEOs of all major UK banks, demanding clarification on how they treat crypto and digital asset businesses. The letter raises six questions covering banks' current policies, whether they provide services to crypto businesses, related transaction restrictions and the factors determining them, and asks whether practices will be adjusted once the Financial Conduct Authority (FCA) regulatory regime takes effect. The group noted that many crypto businesses struggle to open bank accounts in the UK, with some banks also restricting related payments. The letter stems from a parliamentary inquiry into banking service access launched on July 21, with written submissions open until August 31. A January survey by the UK Cryptoasset Business Council estimated that banks block or delay around 40% of transactions to crypto exchanges. HSBC, NatWest, Monzo, and Nationwide cap monthly transfers to crypto exchanges at between £5,000 and £10,000, while Starling and Chase UK prohibit such transfers altogether. UK Treasury Economic Secretary Lucy Rigby stated that the government does not want FCA-licensed firms to face banking restrictions solely because of their industry; the FCA completed related rules in June, with the regime becoming mandatory in October 2027. (Decrypt)
According to Yonhap News, the phenomenon of "reverse Kimchi premium" in South Korea's virtual asset market has continued to intensify since the beginning of this year. According to monitoring by on-chain data platform CryptoQuant, the average Bitcoin Kimchi premium index in early August was -0.48%, and the Ethereum average was -0.49%, meaning domestic prices were lower than those on overseas exchanges. Of the 221 days this year, the number of days with a reverse Bitcoin Kimchi premium reached 123, marking the first time since CryptoQuant began tracking this data in July 2020 that it exceeded the number of days with a positive premium. The record for the longest consecutive streak was also recently broken—from June 20 to July 24 this year, a reverse premium was recorded for 35 consecutive days, surpassing the previous historical record of 23 days. Analysts noted that the continued expansion of the reverse Kimchi premium mainly stems from three factors: first, the South Korean stock market has continued to strengthen, attracting a large number of investors to shift away from the crypto market; second, tighter regulations have prevented new services such as derivatives from being launched, suppressing the inflow of new funds; third, the crypto asset taxation policy is about to be implemented, further depressing investment attractiveness.
Odaily News, ARK Invest founder Cathie Wood stated that while the recent U.S. employment report appears concerning on the surface, deeper economic trends are shifting. Productivity gains, the expanding application of AI, and potential deflationary pressures could become the main market themes moving forward.Wood noted that the U.S. federal deficit as a percentage of GDP is currently around 5.6%, approaching levels seen during the Reagan era in the 1980s. She believes that if productivity and technology adoption continue to accelerate as ARK anticipates, that ratio could fall to about 5% by year-end, although most economic forecasters view this target as difficult to achieve.On inflation, Wood believes the market is underestimating deflationary risks. She noted that recent inflation data has consistently come in below expectations, with the June CPI falling 0.4% month-over-month, PPI down 0.3% month-over-month, and core PCE rising just 0.1% month-over-month. She argues that companies that fail to adopt AI and productivity tools may face greater pricing pressure and competitive risks in the future.Wood is also bullish on the U.S. dollar. ARK's data model based on Kalshi prediction markets suggests the dollar index could rise to 102.6 this year. She pushed back against the view that "overseas capital is selling off U.S. assets," pointing out that Japan's recent currency market intervention primarily involved selling euros and buying yen, rather than selling dollars.In energy markets, Wood believes a global crude oil supply glut is taking shape. She noted that the UAE's production has risen to historic highs after leaving OPEC, and further downside in oil prices could act as a deflationary driver for the global economy.Regarding the AI investment boom, Wood said concerns about an AI bubble are overblown, and the current growth in capital expenditure likely represents the early stage of a long-term technological revolution rather than a short-term speculative cycle.In the crypto asset space, Wood said Bitcoin's performance relative to gold is stabilizing, and believes that as the "agentic commerce" economy develops, Bitcoin and stablecoins could become the biggest beneficiaries.
Odaily News: "AI stock guru" Leopold Aschenbrenner has shared wedding photos on X after a nearly one-year silence.Previously reported, Leopold Aschenbrenner's Situational Awareness fund gained 439% cumulatively before June 2026, but suffered heavy losses during the July AI sector sell-off. Prior to his wedding, he sold most of the fund's equity portfolio to Citadel, the investment firm owned by Ken Griffin.
Odaily News - In its Q2 Form 13F filing, Italy’s largest banking group, Intesa Sanpaolo, disclosed a reduction in its BlackRock iShares Bitcoin Trust (IBIT) holdings from 646,809 shares to 40,723 shares, a cut of approximately 94%. As of June 30, the remaining position was valued at $1.36 million.Intesa Sanpaolo also eliminated 99% of its IBIT call options and established a new put position covering 500,000 shares. The bank continues to hold 3.47 million shares of the ARK 21Shares Bitcoin ETF (ARKB), valued at $67.6 million at quarter-end, and maintains its 712,319-share position in the Grayscale XRP Trust unchanged.The bank increased its holdings in the BlackRock iShares Staked Ethereum Trust ETF from 116,200 shares to 349,600 shares, valued at $7.1 million as of June 30. This staked Ethereum fund holds ETH and passes through approximately 3% to 4% in annual network staking rewards.Intesa Sanpaolo also nearly doubled its position in Bitgo Holdings to 323,000 shares, while trimming Coinbase by 32%, Circle by 10%, and Robinhood by 43%. Additionally, it established a new position in commercial spaceflight company SpaceX with 5.66 million shares, valued at $966 million. (News Bitcoin)
Odaily News Crypto analyst Ai stated on the X platform that multiple technical indicators on Bitcoin's monthly chart are flashing bullish signals, suggesting that the market may have formed a macro bottom. Data shows that the TD Sequential indicator triggered a buy signal on Bitcoin's monthly chart last month. This indicator previously succeeded in identifying the 2022 bear market bottom, and a similar signal has now emerged again.Additionally, Bitcoin's current price is near the 50-month simple moving average (SMA). Historical data shows that since 2014, this long-term moving average has repeatedly served as a key support zone for Bitcoin and has corresponded with multiple market bottoms. Meanwhile, the Chande Momentum Oscillator (CMO) has fallen back to around -71. The last time this indicator reached a similar level was in June this year, when Bitcoin's price briefly dropped toward $57,000. Historically, extreme CMO lows often coincide with market bottom zones.Analysts believe that Bitcoin may continue to consolidate within the $60,000 to $67,000 range in the short term, but the TD Sequential buy signal, support from the 50-month moving average, and the oversold CMO condition collectively suggest that a long-term cyclical bottom may have already formed. The market will be watching whether the price can break out of the consolidation range to confirm a new round of upward trend.