News linked to both this project and an event.
Odaily News: Arthur Hayes stated that investors should prepare to buy Bitcoin and expects Bitcoin to perform well in the coming years. He believes that if the U.S. continues to expand its money supply, Bitcoin's price could ultimately rise to $250,000.Bitcoin has risen about 20% since mid-August, adding $300 billion to its total market capitalization within hours. Scott Bessent previously pledged to support the bond market, and this week it was noted that the Treasury may tap nearly $1 trillion from the Treasury General Account to fund bond purchases.Gadi Chait, investment manager at Xapo Bank, said Bitcoin rose about 23% last week, marking its largest weekly gain since March 2023. During the same period, U.S. spot Bitcoin ETFs saw net inflows of approximately $1.9 billion, with record short liquidations further fueling the rally. (Forbes Digital Assets)
Odaily News: Bitcoin News posted on X platform that Afghanistan's Taliban government has effectively banned Bitcoin and cryptocurrency trading nationwide, threatening to prosecute traders and related businesses. More than 20 crypto shops in Herat have been closed, and at least 13 traders have reportedly been arrested. Afghanistan's monthly crypto inflows have dropped from a peak of over $150 million to less than $80,000. After Afghanistan was largely cut off from the global banking system, Bitcoin and stablecoins had become important tools for savings and remittances. Taliban officials called digital assets fraudulent and considered cryptocurrency speculation akin to gambling under Islamic law. Although these actions have compressed Afghanistan's visible crypto market, Bitcoin can still be traded via the internet, private keys, and counterparties.
Jiang Zhuoer stated in a post that on Friday, Bitcoin spot ETFs saw a net outflow of $202 million, ending nine consecutive days of net inflows; Ethereum spot ETFs remained robust, posting further net inflows of $102 million. He argued that following this recent surge, the market contains substantial selling pressure from positions trapped during the bear market alongside profit-taking from bottom-level accumulations. Whether prices can maintain their highs hinges on whether there is adequate capital to absorb the selling, making ETF flows and the Coinbase premium key metrics for assessing buying absorption.
Odaily News - New York state officials have warned that AI-generated content and fake crypto projects are making investment scams more deceptive. Investment fraud losses exceeded $8 billion in 2025, up 38% from 2024, with 144,041 consumers reporting losses and a median loss of $10,560 per incident.AI can be used to clone voices, fabricate videos, impersonate financial professionals, and create social media advertisements. New York Attorney General Letitia James has warned that scammers lure investors through celebrity deepfake endorsements, fraudulent cryptocurrencies, pump-and-dump schemes, and fake trading platforms.Some fraudulent platforms display fabricated account balances, returns, and trading records, allowing victims to make small withdrawals to build trust before demanding additional deposits or fees. New York state officials advise consumers to verify the identities of promoters, companies, and investment projects, and to confirm where their funds are going.Data from the U.S. Federal Bureau of Investigation (FBI) shows that reported losses from cybercrime in 2025 totaled $20.877 billion, with losses from cryptocurrency-related complaints reaching $11.37 billion. Common scam signs include promises of high returns, unsolicited investment opportunities, high-pressure sales tactics, and projects lacking clear documentation. (Bitcoin.com News)
Odaily News According to on-chain analyst Ember's monitoring, from yesterday to early this morning, Hyperliquid's largest bull opened long positions on Bitcoin and ETH through multiple addresses, currently holding $170 million worth of long positions, with a total of 1,000 BTC and 38,000 ETH long positions opened. The average entry price for Bitcoin is $78,757, and for ETH it is $2,478.6, with current losses of $2.39 million.
Odaily News - According to on-chain analyst Ember's monitoring, during the market volatility caused by Waller's speech, Hyperliquid's largest bull opened a 1,000 BTC long position, valued at $79 million. Today, this entity has opened a total of 1,000 BTC and 28,000 ETH longs, with an average entry price of $78,780 for the BTC long position and $2,490 for the ETH long position.
Odaily News: According to Lookonchain monitoring, the 6,000 BTC reportedly lost by Irish drug trafficker Clifton Collins have been transferred again, with 500 BTC moved to Coinbase Prime, valued at $39.56 million.
Odaily News: Bitcoin News posted on X platform that U.S. spot Bitcoin ETFs have recorded net inflows for 8 consecutive days, totaling $2.8 billion. August has become the strongest month for capital inflows since 2026.As Bitcoin and gold rise in tandem, investors are increasingly seeking to hedge against risks including a weakening U.S. dollar, persistent inflation, and the widening U.S. fiscal deficit. Gold funds have also seen record demand.This shift is beginning to reflect in ETF trading. IBIT and GLD have rejoined the list of the top 10 most-traded ETFs, after semiconductor funds dominated for most of the summer.BlackRock noted that another significant source of demand comes from existing Bitcoin holders moving their tokens into ETFs. The company has so far processed approximately $5 billion in deferred-tax Bitcoin transfers into ETFs, and the minimum conversion amount has recently been lowered from $25 million to $1 million."As we continue to expand access, this scale will continue to grow," said Robbie Mitchnick, Head of Digital Assets at BlackRock.Mitchnick pointed out that incidents such as kidnappings, ransomware attacks, and custody failures are driving some Bitcoin holders to shift toward ETF custody.Bitcoin and gold are once again aligning with the core of the same macroeconomic logic, as the currency debasement trade makes a comeback.
According to Arkham, on August 28 at 21:47 (Beijing Time), an address associated with the Grayscale Bitcoin Trust transferred 340.449091 BTC, valued at approximately $26.9186 million, to two addresses including Coinbase Prime Deposit.
According to Hyperbot data, the "anti-CZ" whale has opened 20x leveraged long positions on Bitcoin and 15x leveraged long positions on Ethereum, with unrealized gains exceeding $7.2 million and an investment return rate of 491%. Currently, the whale holds 31.31624 BTC in the Bitcoin long position and 8,092.4521 ETH in the Ethereum long position. The whale gained notoriety for shorting ASTER immediately after CZ purchased it.
Jiang Zhuo'er posted that ETH ETF capital inflows have reached another record high, with BTC inflows at $242 million and ETH inflows at $234 million. Given that ETH's total market capitalization represents approximately 18.8% of BTC's, ETH's inflows account for 96.8% of BTC's inflows. He believes the current magnitude of capital inflows demonstrates that ETH's "consolidation with steadily rising lows" is relatively robust. He stated that unless he strictly adheres to trading discipline and firmly avoids leverage, he would even be prepared to directly go long on ETH. His current position strategy is as follows: when not holding short positions, he maintains a full allocation in ETH spot to await further upside; entering any additional long positions would equate to adding leverage, thereby introducing liquidation price risk.
According to on-chain analytics platform Lookonchain (@lookonchain), Bitcoin mining company Metaplanet transferred approximately 1,350 BTC worth around $108 million to Coinbase Prime about an hour ago. Previously, Metaplanet had cumulatively purchased 43,000 BTC, totaling approximately $3.48 billion, at an average buy price of $96,191.
According to data from Trader T (@thepfund), Bitcoin spot ETFs recorded a net inflow of $242.3 million yesterday. BlackRock's $IBIT led with a +$277.6 million inflow, Ark $ARKB saw $29.7 million in inflows, and Bitwise $BITB attracted $21.7 million. Fidelity's $FBTC posted a daily net outflow of $83.6 million, while Grayscale's $GBTC experienced a $27.2 million outflow, serving as the main source of capital withdrawal for the day.
As reported by Fortune, Grayscale CEO Peter Mintzberg authored an article stating that Bitcoin rallied nearly 20% last week, recording its strongest three-day gains since 2023 as the crypto winter slowly thaws. However, he cautioned that market participants remain overly focused on short-term price fluctuations, overlooking the long-term structural growth of digital assets. Mintzberg highlighted two key drivers: first, sustained expansion in institutional demand. In 2025, the daily average capital inflow into spot Bitcoin ETPs exceeded $500 million, roughly 12 times the daily new supply from miners. Additionally, a 2026 EY survey revealed that 73% of institutional investors plan to increase their digital asset allocations. Second, accelerated enterprise blockchain adoption. In 2025, approximately 60% of Fortune 500 executives stated that their companies are actively advancing blockchain initiatives, with major players like Fidelity, Visa, and Stripe all positioning themselves in the stablecoin sector. He also noted the complementary nature of AI and public chain technologies, adding that emerging demands such as machine-native micro-payments and cross-border instant settlements will further drive real-world blockchain adoption. As regulatory frameworks grow increasingly clear, digital assets are rapidly integrating into the mainstream financial ecosystem.
According to on-chain analytics platform Lookonchain (@lookonchain), trader 0x004e previously experienced 17 consecutive failed short attempts on $BTC and $ETH, resulting in cumulative losses of $5.3 million. About an hour ago, the trader shorted $BTC again and quickly closed the position, securing a profit of $48,000 and marking their first profitable trade.
Odaily News: According to Ai Yi monitoring, trader Trader-DoshiAtoll stopped out another 100 BTC short position this morning, incurring a loss of approximately $1.335 million. The relevant short entry price was as low as $67,338.1.Currently, the trader only has a remaining 40x leveraged short position of 198 BTC, valued at approximately $13.47 million, with a liquidation price of about $81,000 and an unrealized loss of approximately $2.514 million. Over the past 30 days, the account has accumulated a total loss of approximately $5.91 million.
According to Bitcoin.com, at the "Accelerating Bitcoin" conference, several energy analysts warned about the impact of Bitcoin mining on Paraguay’s power grid. Energy analyst Victorio Oxilia noted that Bitcoin mining currently consumes 30% of the country’s total electricity, equivalent to the output of one and a half turbines at the Itaipu Dam. Should mining operations continue to expand, an energy crisis is projected to emerge by 2029. Meanwhile, Paraguay’s power generation has stagnated for years, requiring an investment of $11 billion to $15 billion over the next 13 years to meet growing demand, despite virtually no major energy investments in the past half-century. Existing energy contracts for mining firms will expire in 2027, with their renewal outlook uncertain. Analysts also pointed out that mining electricity usage is readily adjustable; operators can scale operations up or down based on grid load, making it easier to manage than residential power consumption. Paraguayan authorities have since intensified crackdowns on illegal electricity theft, securing convictions against those involved.
Whale “巨鲸先定十个大目标” updated their position holdings, stating they have currently bought back approximately two-thirds of their position, essentially completing their setup ahead of $100,000, and will now await a price pullback. They previously noted that this Bitcoin rally was more aggressive than expected, maintaining that there is still room to re-enter at $80,000 or even higher, and that $100,000 will most likely be reached sooner than anticipated. Latest disclosures show they further increased their position to two-thirds within the $78,000 to $79,800 range.
Odaily News Trader "Big Whale Sets Ten Big Goals First" updated their position disclosure, stating that they have already bought back about two-thirds of their position, essentially completing the layout before $100,000, and will wait for a price pullback going forward.Previously, they stated that this Bitcoin move has been more aggressive than expected, believing there is still room to re-enter at $80,000 or even above, and that $100,000 will likely arrive sooner than anticipated. The latest disclosure shows they further increased their position to two-thirds in the $78,000-$79,800 range.
Odaily News, according to Garrett Jin's monitoring, Garrett Jin stated that Bitcoin is approaching a supply dense zone, with the key range still at $80,000 to $82,500. A large amount of Bitcoin's on-chain cost basis is located in this range, which was formed during the last upward wave before the sell-off, but not all related tokens need to be traded. As of August 26, U.S. spot ETFs have seen capital inflows for 8 consecutive trading days, accumulating approximately $2.8 billion, with August inflows reaching about $3.3 billion, making it the highest-inflow month this year. On-chain data shows that the 7-day moving average of net realized profit/loss is positive, at approximately $752 million, with realized profits nearing $1.1 billion and realized losses at $354 million. Despite supply overhead, spot demand is flowing in. Garrett Jin believes that if Bitcoin continues to close above $82,500, it will indicate that chip turnover is completing and supply has been fully absorbed. On the downside, the key level is $76,600, which is close to the short-term holder cost basis. A single daily close below this level is manageable, but if at least two of the three indicators—ETF fund flows, Coinbase premium, and the 7-day exponential moving average of net realized profit/loss—deteriorate simultaneously, it would constitute a warning. On-chain information shows that Garrett Jin's address added 600 BTC long positions at a price of $79,000 in the early hours of August 26, worth $47.4 million.