since the launch of XRP futures by CME Group, it took only a little over three months for the open interest to exceed $1 billion, surpassing the speed of Solana futures. Currently, the total nominal open interest of CME Group's cryptocurrency futures product portfolio has exceeded $30 billion.

according to Lookonchain monitoring, two whales bought 358,279 HYPE (18.23 million US dollars) in the past 12 hours.

 according to Onchain Lens monitoring, a newly created wallet deposited 2.59 million USDC into HyperLiquid and opened a long position for XPL with 1x leverage.

James Check, chief analyst at Glassnode, said that the market cycle of Bitcoin is not anchored as commonly believed in the halving event, but is driven by other factors that alternate between bull and bear markets. "In my opinion, Bitcoin has gone through three cycles, but they are not centered around the halving event." Check said on Wednesday that he was referring to the event of reducing mining rewards every four years in the blockchain. He pointed out that the market cycle actually operates around "adoption trends and market structure", with the market peak in 2017 and the bottom in 2022 being key turning points. Check divided the first three cycles into: "Adoption Cycle" (2011 to 2018), driven by early adoption by retail investors; "Growth Period Cycle" (2018 to 2022), driven by "wild west-style boom and bust with high leverage"; "Mature Cycle" (2022 to present), driven by "institutional maturity and stability". He said: "The situation changed after the bear market in 2022, those who assume history will repeat itself may miss the real signals because they are focused on historical noise."

according to TraderT monitoring, the net inflow of the US spot Bitcoin ETF was $88.1 million yesterday.

On August 27th, according to market information, Numerai (NMR) continued to rise, with a 24-hour increase of 123%, now priced at $17.91.

according to The Block, Nasdaq-listed medical service company KindlyMD announced on Tuesday that it has submitted a shelf registration statement, planning to issue up to $5 billion worth of shares on the market. The company stated that the net proceeds will be used to support general corporate purposes, including expanding its Bitcoin treasury.

7:00-12:00 Keywords: CELB, GCUL, BetterBank, Monex Group

 according to the on-chain analysis platform Lookonchain (@lookonchain), due to the manipulation of the XPL price on Hyperliquid by a giant whale, a trader's XPL short position was completely liquidated, resulting in a loss of $4.59 million.

according to the encrypted analysis organization TokenLogic, the net value of the Aave treasury (excluding AAVE) has reached a record high of $132.7 million, with a year-on-year growth of 130%. If AAVE is included, the treasury balance is approximately $329 million.

according to analyst Yu Jin's monitoring, whales have significantly increased their holdings of Bitcoin in the past 24 hours. The investor first withdrew 145 WBTC from the Binance exchange to their personal wallet, then deposited these assets into the Aave lending platform as collateral, borrowed about 13 million USDT, and used this fund to buy another 117.5 WBTC.

 the market shows ETH breaking through $4600, now at $4600.63, with a 24-hour increase of 4.37%. The market is fluctuating significantly, so please be prepared for risk control.

 according to TraderT monitoring, the net inflow of US spot Ethereum ETF was $455 million yesterday.

market news: Bitcoin mining company Hut 8 will develop four new sites with a total installed capacity exceeding 1.5 gigawatts.

asset management company CI Global Asset Management has announced the launch of multiple digital asset investment funds, including:

market shows that BTC has fallen below $110,000, now reported at $109,988.17, with a 24-hour decline of 1.03%. The market fluctuates greatly, so please be prepared for risk control.

according to on-chain analyst Yu Jin's monitoring, a wallet bought 900,000 HYPE tokens for approximately $45.5 million 10 days ago, and sold them all for approximately $39.26 million USDT within 24 hours, resulting in a loss of approximately $1.8 million. The address then went long with 15x leverage on 51,691 ETH, with a total value of approximately $2.29 billion, at an entry price of $4,630 and a liquidation price of $4,076.

On August 26th, according to Bloomberg, Trump decided to dismiss Federal Reserve Board Governor Cook on the grounds of falsifying mortgage loan documents. This move marks a further escalation in his battle to control the Federal Reserve and may pave the way for a larger restructuring of the Federal Reserve Board. This move may give Trump the opportunity to appoint new members to the Federal Reserve Board and secure a majority of four seats on the board.

 VersaBank, a NASDAQ-listed digital bank and provider of network security solutions, announced that its subsidiary VersaBank USA has launched a tokenized deposit pilot project "USDVB Pilot Project" in the United States, aiming to verify the functionality, security, and operational integrity of VersaBank USA DDR in a US dollar environment, and ensure compliance with US banking regulations.

according to Walter Bloomberg, Morgan Stanley currently expects the Fed to start cutting interest rates in September after Fed Chairman Jerome Powell hinted at increasing concerns about labor market risks at the Jackson Hole meeting. The bank predicts that the Fed will cut interest rates by 25 basis points next month, cut interest rates again in December, and then cut interest rates by 25 basis points each quarter until the end of 2026, when the final rate will be lowered to 2.75-3.0%. This is earlier than previous forecasts, but the magnitude is slightly smaller. However, a rate cut in September is not certain - strong employment data or inflation driven by tariffs could delay the rate cut.