BTC breaks through $68,500
Golden Finance reported that the market showed BTC breaking through $68,500 and is currently trading at $68,501.99, with a 24-hour increase of 2.56%. The market is volatile, so please be prepared for risk control.
Bitwise CIO: 7 factors that may push Bitcoin to $100,000
Golden Finance reported that Bitwise's Chief Investment Officer, Matt Hougan, posted on X platform that 7 factors may drive Bitcoin to reach $100,000, including:
Crypto Investment Among Asian Private Wealth Managers Rises To 76%
According to a report by Aspen Digital, crypto assets are becoming increasingly popular among Asian private wealth managers, as 76% said they are investing in cryptocurrencies.
Elizabeth Warren Proves Democrats Are Still Against Bitcoin
The Bitcoin industry could be in for yet another four years of harassment and attacks if Kamala Harris is elected president.
A total of 346.337 BTC flowed into WisdomTree two days ago
According to data monitored by Arkham, 346,337 BTC coins in total flowed into WisdomTree Physical Bitcoin WBIT, a Bitcoin exchange-traded fund on WisdomTree, from Flow Traders and Coinbase addresses two days ago, with a value of approximately $20.495 million.
Trump Is Winning And We’re Closer Than Ever to Freeing Ross: NIKOLAUS
According to the world's largest prediction market, Polymarket, the pro-Bitcoin candidate for the upcoming presidential election, Donald Trump has taken a 13% lead over Kamala Harris.
OKX provides grant to Bitcoin developer foundation 2140 Foundation
OKX announced a grant to the Bitcoin developer fund 2140 Foundation. The specific amount of the grant has not been disclosed, and this funding is intended to promote the long-term security, resilience, and maintainability of the Bitcoin network. As part of its ongoing funding program, OKX has provided nearly $2 million in Bitcoin developer grants, with a focus on developing the developer ecosystem, as well as Bitcoin security and adoption.
Bitcoin Nears Record for Longest Sideways Market Range Post-Halving Amidst Uncertainty and Lackluster Price Action
Bitcoin is approaching its longest period of sideways market range since the April halving, currently at 285 days. Contributing factors include uncertainty surrounding the U.S. election, rising U.S. Treasury yields, and the extension of Mt. Gox's repayment deadline to October 2025. Despite historically bullish trends for Bitcoin in October, the lackluster price action has left bulls disappointed. If there is no bull market in the next two weeks, this will mark the longest post-halving sideways period in Bitcoin's history.
Bitcoin $59K price may swing ‘drastically’ amid election year parallels
If Bitcoin follows the same pattern as previous election years, August will be “nothing crazy,” but a breakout may occur within a month or two, according to a crypto analyst.
Analysis: Ethereum gas fees drop to 5-year low, which may indicate that ETH price will bottom out in the medium term
Bitget Research Chief Analyst Ryan Lee recently stated: "Every time the Gas fee of ETH falls to the bottom, it often means that the price has reached a mid-term bottom. After this cycle, the ETH price often rebounds strongly, and when this moment happens to coincide with the interest rate cut cycle, the wealth effect of the market is full of possibilities."
Addresses holding more than 100 BTC have accumulated 245,453 BTC since the beginning of the year
Addresses holding over 100 BTC have accumulated 5021 BTC today and 245,453 BTC since the beginning of the year. In addition:Addresses holding 0.001-1 BTC have accumulated a total of 3620 BTC today and reduced 6838 BTC since the beginning of the year.Addresses holding 1-10 BTC have accumulated a total of 1223 BTC today and reduced 22639 BTC since the beginning of the year.Addresses holding 10-100 BTC have accumulated a total of 292 BTC today and reduced 60706 BTC since the beginning of the year.
Analyst: Ethereum Gas Fee Bottom May Indicate ETH Price Is at the Mid-Term Low
On August 18th, analyst Ryan Lee stated that every time ETH's Gas fee drops to a low point, it often indicates a bottoming out of the mid-term price. ETH prices often experience a strong rebound after this cycle, and when this moment coincides with an interest rate cut cycle, various possibilities for market wealth effects are abound.
Cointime August 17th News Express
1.VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website
Brazilian Judge Drops Criminal Charges Against Late Bitcoin Ponzi Scheme MTI Mastermind Johann Steynberg
A federal judge in Brazil has ordered the criminal charges against the late CEO of Mirror Trading International (MTI), Johann Steynberg, for his involvement in a Bitcoin Ponzi scheme to be dropped after police investigations confirmed his death. Steynberg's death certificate has been added to the case file. Following the disclosure of this news, some victims immediately made defamatory remarks about these claims. Some believe that Steynberg may have faked his death. At the time of his death, Steynberg's death certificate showed that he suffered from acute respiratory failure. (Bitcoin.com) In May, the South African National Prosecuting Authority (NPA) was investigating the accomplices of the Bitcoin Ponzi scheme, Mirror Trading International (MTI), which was orchestrated by the late Johann Steynberg. NPA media relations manager Isaac Dludlu said the prosecution is considering several charges against those involved, including fraud and forgery.
Turingbitchain (TBC) releases smart contract development platform based on native Bitcoin UTXO model
On August 17th, Turingbitchain (TBC), a Bitcoin smart contract layer, released the Turingcontract.com smart contract development platform based on the native Bitcoin UTXO model.
IntoTheBlock: US government-related wallets still hold nearly $12 billion in Bitcoin
IntoTheBlock stated in an article on X that the US government recently seized $600 million worth of Bitcoin from the dark web Silk Road and transferred it to Coinbase Prime. Although depositing to an exchange usually means selling, this transfer may be for custody purposes. Wallets associated with the US government still hold nearly $1.2 billion worth of Bitcoin.
The total Bitcoin contract holdings on the entire network reached US$28.57 billion, an increase of 1.23% in the past 24 hours
According to Coinglass data, the total Bitcoin futures open interest on the entire network has reached 28.57 billion US dollars, an increase of 1.23% in the past 24 hours.<br>In addition, the total Ethereum futures open interest on the entire network has reached 10.668 billion US dollars, an increase of 2.54% in the past 24 hours.
BTC market value returns to above $1.2 trillion
According to CoinGecko data, the market value of BTC has returned to above $1.2 trillion, currently reaching $1,208,122,016,551, with a trading volume of $13,297,536,371 in the past 24 hours.
873 BTC transferred from Antpool to wallet
According to Whale Alert monitoring, 873 BTC (worth $53,228,550) was transferred from Antpool to an unknown wallet.
The total open interest of BTC options is $21.375 billion, and the open interest of ETH options is $6.122 billion.
Coinglass data shows that the nominal value of open BTC option positions on the entire network is 21.375 billion US dollars (compared to 23.136 billion US dollars the previous day), and the nominal value of open ETH option positions is 6.122 billion US dollars (compared to 6.741 billion US dollars the previous day).
