Hedge fund firm D.E. Shaw increased its Bitcoin spot ETF position by more than $170 million in Q2
according to the second quarter 13-F filing submitted by hedge fund company D.E. Shaw to the SEC, as of June 30, it held $90 million worth of BlackRock IBIT and $90 million worth of Fidelity FBTC, a significant increase from the first quarter (the holdings of IBIT in the first quarter were $6 million and FBTC were $3 million).
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Soros has sold all of his 220,000 Nvidia (NVDA) shares
Barchart reported that Soros Capital has liquidated its 220,000 shares of Nvidia (NVDA).
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Circle CEO: Harris campaign is actively engaging with the crypto industry
Circle CEO Jeremy Allaire said in an interview with CNBC that Harris' presidential campaign team is actively working with the crypto industry, hoping to truly understand the crypto industry participants, industry and policy issues, and prepare for the 2024 US election.
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Fidelity FBTC had a net outflow of $18 million and FETH had a net inflow of $6.6 million
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Fidelity Digital Asset Management Head: I don’t think there will be demand for altcoin ETFs, the launch of Ethereum collateralized ETFs is just a matter of time
In an interview with The Block, Cynthia Lo Bessette, head of Fidelity Digital Asset Management, indicated that Fidelity is evaluating its product roadmap based on customer needs and market support. Currently, there are no clear plans for spot ETFs beyond Bitcoin and Ethereum. However, Lo Bessette noted that while the U.S. SEC has not yet approved an ETF for staked ETH, it is expected to happen in the future, given the importance of staking in the Ethereum ecosystem. Fidelity has had "constructive conversations" with SEC staff about the possibility of launching a staked ETH ETF.
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Goldman Sachs and Morgan Stanley bought more than $600 million in Bitcoin spot ETFs in Q2
🔤Goldman Sachs spent approximately $418 million on Bitcoin spot ETF assets by June 30, with about $238 million invested in nearly 7 million shares of BlackRock IBIT. The next largest Bitcoin ETFs are Fidelity FBTC and Invesco BTCO.
🔤Morgan Stanley held 5.5 million shares of BlackRock IBIT, valued at $188 million, as of June 30. Additionally, it holds smaller amounts of ARKB and Grayscale GBTC.
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Marathon: Raised over $300 million, with 4,144 BTC added
Marathon Digital recently shared on social media that it secured $300 million through oversubscribed convertible senior notes. This funding was used to acquire 4,144 BTC, valued at approximately $249 million, increasing its strategic Bitcoin reserves to over 25,000 BTC. Earlier, on August 12, BlockBeats reported that Marathon Digital had announced plans to issue $250 million in convertible senior notes to qualified institutional buyers, with a maturity in 2031, depending on market conditions.
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Harris campaign: Trump and Harris will debate again in October
Harris' campaign team said that Trump and Harris will also debate in October.
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Agency: Strong U.S. consumer spending dispels recession fears
U.S. retail sales spending in July rose 1% month-on-month to $709.7 billion, dispelling concerns that the economy may fall into recession. Although the slowdown in hiring caused a brief but sharp market panic last week, strong retail data showed that the impact of any contraction has not spread to consumers. "The economic slowdown is happening, but it is definitely restrained, and there is really nothing to worry about," said Jeffrey Roach, chief economist at LPL Financial.
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On August 15, 1316 BTC were net outflowed from 10 US Bitcoin ETFs, and 1736 ETH were net outflowed from 9 Ethereum ETFs
The total net outflow of ten US Bitcoin ETFs was 1,316 BTC, equivalent to US$78.32 million, of which Grayscale outflowed 480 Bitcoins, equivalent to US$28.58 million, and Grayscale currently holds 231,853 Bitcoins, equivalent to US$13.8 billion.
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NYSE withdraws listing and trading applications for Bitwise and Grayscale Bitcoin spot ETF options
according to a document released on Thursday, the New York Stock Exchange withdrew the listing and trading application of Bitwise and Grayscale Bitcoin spot ETF options.
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Coinbase International will launch ATOM, DYDX and OM perpetual contracts
Coinbase will add support for Cosmos, dYdX, and MANTRA perpetual futures on Coinbase International Exchange and Coinbase Advanced.
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Cumberland received 95 million USDT from Tether and began transferring it to CEX
According to Arkham monitoring, Cumberland received 95 million USDT from Tether Treasury and began to transfer it to CEX. Among them, Cumberland transferred 19 million USDT to Kraken.
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UMA: Optimistic Oracle is now available on Blast
The decentralized oracle UMA announced that Optimistic Oracle has been launched on Blast, and Blast developers can use the flexibility of Optimistic Oracle to support their applications.
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Market Volatility Drops, Favoring Option Sellers
Greeks•live researcher Adam noted a sharp decline in implied volatility (IV) after PPI and CPI releases, benefiting institutional sellers and making medium-term options more attractive.
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Bank of America Q2 report: holding $2.8 million worth of IBIT and $1.5 million worth of FBTC
according to the second quarter 13-F document submitted by Bank of America to the SEC, as of June 30, it held $2.8 million worth of IBIT, an increase of 31%; and $1.5 million worth of FBTC, an increase of 21%.
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the U.S. Ethereum spot ETF had a net inflow of $10.8 million
the US Ethereum spot ETF had a net inflow of $10.8 million. Among them, BlackRock ETHA had a net inflow of $16.1 million, Grayscale ETHE had a net outflow of $16.9 million, Fidelity FETH had a net inflow of $6.7 million, Bitwise's ETHW had a net inflow of $2.7 million, and Grayscale Mini ETH had a net inflow of $2.3 million.
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Vitalik Buterin deposited about 200 ETH into Kraken 8 hours ago
according to Arkham data, Ethereum co-founder Vitalik Buterin deposited about 199.9 ETH (about $529,000) into Kraken 8 hours ago.
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Bitcoin inscription meme coin WZRD briefly broke through $2.4 is now quoted at $2.22, with a 24-hour increase of 32.5%
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Vanguard Group CEO: Will Not Launch Cryptocurrency ETF
In an interview with ETF. com, Vanguard CEO Salim Ramji stated that Vanguard would not follow its competitor BlackRock in launching a cryptocurrency ETF, emphasizing the importance of consistency in the company's approach. Ramji, who recently took over as Vanguard's CEO, previously spent ten years at BlackRock, where he was the global head of iShares and index investments, managing significant client assets and developing the iShares platform.
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Grayscale ETHE has outflowed 27.8% since its listing, and it is expected to outflow 50% within 72 days
according to Trader T data, Grayscale Ethereum ETF ETHE had a net outflow of US$16.9 million, and after conversion to ETF listing, 27.8% has been outflowed, and it is expected to outflow 50% within 72 days
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Grayscale GBTC had a net outflow of US$56.9 million and ETHE had a net outflow of US$16.9 million
Based on Farside Investors data:
⏩Grayscale GBTC experienced a net outflow of $56.9 million.
⏩Grayscale ETHE had a net outflow of $16.9 million.
⏩Grayscale Mini BTC saw no net inflow or outflow.
⏩Grayscale Mini ETH had a net inflow of $2.3 million.
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Coinbase analyst: ETH and SOL are the main "beta investment" targets in the crypto market, and their volatility is higher than the overall market
David Duong pointed out that ETH and SOL have always been the main "beta investments" in the crypto market, showing greater volatility than the overall market.
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JPMorgan Chase: Stablecoin regulation may pose a major challenge to Tether's market dominance
Tether has previously been subject to regulatory scrutiny for its lack of transparency in the composition of its reserves, and the new regulations will further increase its pressure to disclose detailed information and conduct audits. JPMorgan Chase believes that if it fails to comply with these new regulations, Tether's dominance in the stablecoin market will be threatened.
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Bloomberg: 701 new funds reported holding Bitcoin spot ETFs, with the total number of holders approaching 1,950
Hedge funds, pensions and banks continue to invest heavily in Bitcoin spot ETFs as more traditional investors begin to accept this asset class. Capula Investment Management, Schonfeld Strategy Advisors and Steven Cohen's Point72 Asset Management also reported ETF holdings. Other buyers include the Wisconsin Investment Committee and corporate market makers from Hong Kong to the Cayman Islands, Canada and Switzerland.
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Orderly Network Completes $5 Million Strategic Financing, with OKX Ventures and Others Participating
Orderly Network aims to solve DeFi liquidity problems and currently supports Ethereum mainnet, Polygon, Optimism, Base, Arbitrum and Mantle. Orderly Network plans to use the funds to develop new products and enhance its on-chain liquidity. In addition, Orderly is preparing for its token generation event (TGE), in which Orderly token stakers will receive 60% of Orderly's net transaction fees.
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Eigen Labs employees accept millions of dollars in airdrops from other projects, raising potential conflict of interest issues
It gave a portion of the tokens to each Eigen Labs employee as a "thank you." Each employee's allocation was ultimately worth $80,000. Eigen Labs said it only sent the list "to teams that had contacted Eigen Labs or its employees for an airdrop," but one team said that Eigen Labs sent it the list of addresses even though it had not asked Eigen Labs to send it.
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Bitcoin Set for Sharp Rise as Global Liquidity Expands, Says Analyst
Real Vision analyst Jamie Coutts predicts a significant Bitcoin surge as central banks increase liquidity. The Global Liquidity Momentum Composite Model (MSI) issued its first bullish signal since November 2023, after Bitcoin's 75% rise between November and April. Recent liquidity injections by the Bank of Japan and the People's Bank of China, totaling nearly $500 billion, are aligned with global monetary expansion, setting the stage for Bitcoin's estimated 2-3x rise in 2024.
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Chaos Labs Completes $55 Million Series A Funding, Led by Haun Ventures
According to CoinDesk, Chaos Labs, a blockchain risk analysis service provider, completed a $55 million Series A financing round, led by Haun Ventures, with participation from F-Prime Capital, Slow Ventures and Spartan Capital, as well as Lightspeed Venture Partners, Galaxy Ventures and PayPal Ventures.
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U.S. stocks continued to rise, with the Nasdaq's gains expanding to 2% and the S&P 500 up 1.3%
US stocks continued to rise, with the Nasdaq's increase expanding to 2% and the S&P 500 index now up 1.3%.
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