Featured News

1.SEC and Ripple Officially End 4-Year Legal Battle, Upholding Initial Court Decision

2.Trump Announces Nomination of “Pro-Crypto” Official Stephen Miran as Federal Reserve Board Member

3.$374 Million Liquidated Across the Board in the Last 24 Hours, Mainly Short Positions

4.Bitcoin Surges Above $117,000 Early Today, Ethereum Breaks $3,900

5.OpenAI Launches GPT-5 Model for Programming and Writing

Articles & Threads

1.《Who Advised CZ, the Richest Chinese, on His Company's IPO?》

In the crypto world, the most significant events are not the publicized trades but rather the ability to quietly secure $9 billion in a network of contacts. In July 2025, an address dormant for 14 years suddenly moved 80,000 bitcoins, marking one of the most massive nominal Bitcoin transactions in history. Such a transfer of this scale should have caused a 30% market plunge, but in reality — there was no significant crash, no panic; the market calmly absorbed these bitcoins. The $9 billion worth of chips was quietly swallowed by the market. The orchestrator was neither an exchange nor a hedge fund but rather a somewhat obscure player on Wall Street: Galaxy Digital.

2.《Why is He the Hottest Contender for Federal Reserve Chair?》

In early August, amidst the already turbulent waters, sudden movements occurred at the top levels of the Federal Reserve—Governor Adriana Kugler unexpectedly resigned, and the Bureau of Labor Statistics director was personally dismissed by Trump on the day of the Non-Farm Payrolls data release. Just as the market had not fully digested the personnel shake-up, the White House explicitly stated: "A decision on the Fed Chair nomination will be made this weekend." Reportedly, President Trump has officially initiated the interview process for the next Fed Chair, with three core candidates currently in focus: Kevin Hassett, Kevin Warsh, and current Fed Governor Christopher Waller.

Market Data

Daily market-wide fund heat (as reflected by funding rates) and token unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks

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