ChainCatcher news, CryptoQuant analyst Axel Adler Jr tweeted that despite Bitcoin reaching a historic high, the BPT indicator remains at a moderate level of 2.56, below the previous local high of 3.57. At the same time, the Realized P&L Ratio remains at an average level, indicating that the current market state has relatively lower risk compared to previous overheating periods. Technically, the price remains above the 4-year moving average and its two standard deviations, confirming that the upward trend continues. Analysts point out that we need to be wary of the regular pullback risks in the rising trend, and a BP breakthrough at 3.0 may indicate that the market is entering the later stage.

Jin10 Data, August 13 - Haili Co., Ltd. announced that its A-share stock has cumulatively risen 121.56% since July 1, 2025, significantly higher than the industry and Shanghai Composite Index during the same period, indicating an overheated market sentiment and irrational speculation. The company and its controlling shareholder currently have no major asset restructuring or asset injection matters involving the company, and the fundamentals have not undergone significant changes. The latest rolling price-to-earnings ratio of the company’s A-share stock is 487.76 times, significantly higher than the industry level, posing a risk of overvaluation. In addition, the turnover rate of the company’s A-share stock is significantly higher than the daily turnover rate.

Gate News Bot message, August 13, according to CoinMarketCap data, as of the time of writing, PEOPLE (ConstitutionDAO) is currently priced at $0.02, having risen by 15.20% in the last 24 hours, with a high of $0.02 and a low of $0.02. The current market capitalization is approximately $110 million, an increase of $14.5 million compared to yesterday. ConstitutionDAO is a single-purpose DAO experiment project. The project has achieved its organizational goal: to raise funds, participate in the Sotheby's auction, and provide a full refund to the community as promised after failing. The PEOPLE token does not have any rights, governance, or utility, except that it can be exchanged for Ethereum from the Juicebox smart contract at a ratio of 1,000,000:1 (the same as during the initial crowdfunding).

Odaily News CryptoQuant analyst Axel Adler Jr posted on the X platform, indicating that the estimated leverage ratio (ELR) for Bitcoin futures 30-day change in August 2025 has risen to its highest in five years, breaking the +0.4 threshold, a level that historically often coincides with high leverage and periods of market fragility. This means that as prices approach historical highs, there could be a large influx of leveraged positions in the futures market, potentially leading to increased fluctuations and a heightened risk of getting liquidated.

BlockBeats reported that on August 13, Yuxian, the founder of Slow Fog, commented on the 51% attack incident of Monero, stating that there are many doubts in the community about whether it is truly a 51% attack in the real sense, but there are no doubts regarding the reorganized blocks (for example, 6 blocks). The Qubic Mining Pool claims to control 51% of the Computing Power, but many community members believe it controls about 33% of the Computing Power. This debate is not easy to verify; to provide solid evidence of a 51% attack, a double spending attack test must be initiated. Previous reports indicated that the IOTA co-founder Sergey Ivancheglo's project Qubic quickly accumulated a large amount of Monero Computing Power through the "useful Proof of Work (uPoW)" mechanism, and on August 12, Qubic briefly controlled 52.72% of the Monero network's hashrate (approximately 3.01 GH/s). Once it exceeds

Odaily News CryptoQuant analyst Axel Adler Jr stated on the X platform that although the price of Bitcoin has reached a historic high, the actual profit and loss ratio remains at an average level, indicating that the current market is not overheated, and the risk of a sharp trend reversal in the short term is significantly lower than during previous profit and loss peak periods.

Gate News Bot message, on August 12, according to CoinMarketCap data, as of the time of writing, ENA (Ethena) is currently priced at $0.81, with a fall of 2.23% in the last 24 hours, reaching a high of $0.82 and a low of $0.56. The current market capitalization is approximately $5.333 billion, a decrease of $122 million compared to yesterday. Ethena is an internet economic platform focused on digital dollars. Its main product, USDe, has a supply of $10.42 billion, and users can earn an annualized return of 5% through sUSDe. Ethena also offers USDtb, with a supply of $1.46 billion. The platform currently has 765,000 users and covers 24 blockchain networks. Ethena emphasizes transparency, providing real-time asset support information, weekly reserve proofs, and monthly custodian proofs. Its protocol support ratio is 1.

ChainCatcher news, the Web3 asset data platform RootData has now launched encryption stock data, aiming to help users discover quality assets and investment opportunities in a complex and ever-changing market environment, becoming a bridge connecting Web3 and TradFi. The BTC holding company data provides users with real-time, structured data support, accurately displaying the holdings, supply ratio, and market capitalization data of the world's leading publicly listed companies holding BTC, allowing users to quickly grasp key information and capture market trend signals through an intuitive interface. Other stock data comprehensively displays the market performance of stocks related to the encryption concept. Users can quickly filter listed companies that are highly correlated with specific crypto assets based on currency classification (such as popular tokens like BTC, ETH, SOL, BNB, XRP, HYPE, TAO, SUI, etc.), and analyze their stock trends in relation to the fluctuations of the encryption market.

Gate News bot message, according to the official Gate announcement on August 11, 2025: WORLD3 (WAI) project team has announced a detailed token economic plan. According to the announcement, the total issuance of WORLD3 (WAI) points and tokens is 1 billion. Gate will exchange WAI points for WAI tokens for users at a 1:1 ratio. All completed OTC trading orders of WAI points will keep the total order amount unchanged, only performing the token exchange.

On August 11, Jin10 reported that Longpan Technology announced that its holding subsidiary, Lithium Source (Indonesia), has completed the capital increase and share expansion by bringing in investors for Delivery. LGES invested $15.9709 million in cash to subscribe for 255,900 newly issued ordinary shares, acquiring 20% of the equity after the completion of the new share issuance by Lithium Source (Indonesia). After the transaction, Lithium Source (Asia Pacific)'s shareholding ratio decreased to 79.99%, and the nominal share capital of Lithium Source (Indonesia) increased from 10.23723 trillion Indonesian Rupiah to 12.79653 trillion Indonesian Rupiah.

Jin10 reported on August 11 that Joyson Electronics is planning another IPO on the Hong Kong Stock Exchange. Regarding the continuously rising total liabilities and debt-to-asset ratio, on August 11, Joyson Electronics responded that the company is a relatively globalized multinational enterprise, and that the Hong Kong listing aligns with the company's positioning and operational situation. For the industry in which the company operates, a debt-to-asset ratio of around 70% is considered reasonable. The company plans to improve profitability and operational indicators in the future.

According to a report by Golden Finance, Swissblock, a cryptocurrency analysis company, stated, "We always hear people say: 'false breakouts Rebound. dump catch a falling knife.' The reality is completely different." Since the low point in April, this wave of market activity has been driven by spot trading—large capital allocators are frantically buying, almost purchasing all the remaining BTC. The ratio of futures to spot has fallen back to the lows of October 2022 → this is a signal of epic spot demand. This is real.

Golden Finance reports that Greeks.Live has released a daily briefing for the Chinese community, with the market generally optimistic, focusing on the key resistance level of Ethereum at $4000 and the driving effect of interest rate cut expectations. Trump plans to issue an executive order allowing 401k pension funds to invest in Crypto Assets, but analysts remind that the current funding rate and Long-Short Ratio data do not support a significant rise. It is worth noting that Ethereum's market share continues to rise, with market expectations for the arrival of the ETH season, but caution is advised regarding technical signals indicating that Volatility has not risen in sync. In the current low Volatility environment, traders suggest using a calendar spread options strategy of selling near and buying far, waiting to adjust Positions after Volatility recovers.

According to Gate News bot, in the official announcement from Gate on August 7, 2025, Gate will carry out a comprehensive upgrade of the stake tokenization system, unifying all stake derivative tokens under the GT series standardized assets. According to the upgrade plan, SOL2 Token will be exchanged at a 1:1 ratio and renamed GTSOL. This upgrade will take place on August 12, 2025, from 16:00 to 18:00 ( UTC+8, and is expected to last for 2 hours. During the upgrade, the platform will suspend staking and redemption operations for SOL2, and the margin function for SOL2 will also be removed. After the upgrade is complete, GTSOL will have a new margin support function, and the existing SOL2 margin will be automatically converted to GTSOL at a ratio of 1:1. The platform stated that it will gradually open services such as deposits, withdrawals, and transfers for GTSOL based on business needs.

Jin10 Data August 6th News, Ebury strategist Matthew Ryan said in a report that the reaction of the British pound to the UK Central Bank's meeting on Thursday depends on the voting ratio of the interest rate decision and the Central Bank's guidance on future interest rates. He expects the UK Central Bank to decide to cut interest rates by 25 basis points with a 7 to 2 voting result. However, if UK Central Bank policymakers Dingra and/or Taylor vote to cut interest rates by 50 basis points as they did in May, that would not be a big surprise. He said this could trigger a selling of the pound, and the Central Bank's gradual cautious guidance on interest rate cuts would also be canceled.

PANews August 6 news, the decentralized gaming player network KGeN announced that the first phase of the project is officially online, and users can now claim and stake rKGEN tokens. It is reported that rKGEN is a pre-release token before the issuance of KGEN tokens and can be exchanged for $KGEN at a 1:1 ratio after the token generation event (TGE). According to previous news, the decentralized gaming player network KGeN has completed a $10 million financing round, led by Aptos Labs.

Jin10 reported on August 5 that Songcheng Performance Interactive Platform stated that as of now, the company holds 35.35% equity in Huafang Group. After the delisting, Huafang Group continues to operate, and its operations are relatively stable. Currently, the book value of the company's long-term equity investment in Huafang Group is close to the identifiable net asset portion calculated based on its shareholding ratio, and no impairment signs have been found. Huafang Group is currently advancing related work after the delisting, and the company will make reasonable arrangements for its equity in Huafang Group at an appropriate time.

Jin10 data reported on August 5th that Guangge Technology announced that two shareholders, Cornerstone Venture Capital and Fangguang Phase II, hold 2.491 million shares and 2.8103 million shares respectively, accounting for 3.77% and 4.26%; they plan to reduce their holdings by no more than 1.3332 million shares through centralized bidding or Block Trading from August 27, 2025, to November 26, 2025, with a reduction ratio not exceeding 2.02%.

Bitcoin fell at the end of July mainly due to a sharp decline in liquidity inventory ratio, fluctuating ETF demand, and slow accumulation of smart Addresses, resulting in a fragile market and price pressure.

BlockBeats news, on August 5, a British man who abandoned the search for a hard drive containing 8000 BTC in a landfill stated that he would tokenize the Bitcoin in his lost wallet, converting it into 800 billion Ceiniog Coin (INI), locking the value of Satoshi at a 1:1 ratio. Ceiniog Coin will be built on Bitcoin; based on OPRETURN implementation, integrated with Stacks; Runes, and Ordinals; and is set to launch by the end of 2025. On May 29, the man also mentioned that he would tokenize 21% of the lost 800 Bitcoin wallet into LTT tokens, raising $75 million across multiple issuance tiers, with the issuance date set for October 1.

The controlling shareholder of Nanwei Software, Wu Zhixiong, and his concerted action party, Xu Chunmei, plan to reduce their holdings by 7.3482 million shares from July 29 to August 1, 2025, accounting for 1.27% of the total share capital. After the reduction, their shareholding ratio will drop to 33.73%, and this action will not affect the company's governance structure and ongoing operations.

BlockBeats reported that on August 4, Mike McGlone, a senior commodity strategist at Bloomberg Industry Research, stated on social media that as of August 1, the annualized volatility ratio of Bitcoin to gold has fallen to a historic low of 2.2 times, a trend that may favor gold's performance. Since 2021, this much-hyped emerging crypto asset has achieved returns similar to gold, but its average risk is more than three times that of traditional value-preserving assets—this may be an unsettling signal for digital assets.

PANews August 1 news, Glassnode posted an analysis on the X platform stating: "The proportion of profitable Bitcoin supply has remained above 90% for more than a month. When almost all holders are in a profitable state, profit-taking pressure often accumulates. The +1 standard deviation threshold for this indicator is 91%—this is the key level that needs to be closely followed. If it falls below this threshold, it may indicate a larger price pullback."

Jin10 data, July 31 - According to the information on overseas investors' shareholdings published by the Shenzhen and Shanghai exchanges, on July 30, a total of 3 stocks had an overseas investor holding ratio exceeding 24%. Among them, 1 stock had an overseas investor holding ratio exceeding 28%. On July 30, overseas investors held 218 million shares of Siyuan Electric, accounting for 28.07% of the total share capital; overseas investors held 371 million shares of Hongfa Co., accounting for 25.446% of the total share capital; overseas investors held 210 million shares of Shuanghuan Transmission, accounting for 24.81% of the total share capital.

The FOMC statement shows that the vote will pass the interest rate decision by a ratio of 9-2, with Bowman and Waller expected to oppose. The wording will simplify the uncertainty of the economic outlook, and the balance sheet reduction will remain unchanged. Powell will emphasize the importance of data in his press conference and respond cautiously to inflation and tariff risks, while reaffirming independence.

Jin10 data reported on July 30, that Binjiang Group announced a cash Dividend of 0.82 RMB (tax included) for every 10 shares to all shareholders, based on a total share capital of 3,111,443,890 shares as of December 31, 2024. No bonus shares will be issued, and no capital increase will occur. The remaining undistributed profits will be carried forward to future years. If the total share capital of the company changes when the Dividend distribution plan is implemented, the distribution ratio will be adjusted according to the principle of maintaining the total distribution amount. The equity registration date for this distribution is: August 6, 2025, and the ex-dividend date is: August 7, 2025.

Gate News bot message, according to the Gate announcement on July 30, 2025: Gate will launch the WXTM/USDT trading pair for the MinoTari ( token on July 30, 2025, at 20:00 UTC+8. At the same time, the 277th HODLer Airdrop event will be initiated, with a total of 3,800,000 WXTM tokens airdropped to GT holders. MinoTari is a Layer 1 blockchain protocol built on the Rust language, using innovative methods to expand the on-chain user base and provide a native application distribution platform. WXTM is the 1:1 ratio ERC-20 wrapped token of XTM on Ethereum, with a total supply of 21 billion, and the contract address is 0xfD36fA88bb3feA8D1264fc89d70723b6a2B56958. The project has received investments from well-known institutions including Blockchain Capital and Pantera. The airdrop event will last until July 30, 2025, 20:00 ) UTC+8 (. Participating users must hold no less than 1 GT and complete identity verification, with a maximum participation limit of 1000 GT per user. Airdrop tokens will be distributed according to the proportion of GT holdings, using a 100% instant unlock method.

Market news indicates that pump.fun will increase the buyback ratio of the PUMP Token, using 100% of daily income for buybacks. However, Dumpster DAO reminds the community to be cautious, as the platform has only used 100% of income for buybacks for one day, and there have been no signs of tokens being burned or transferred. In the absence of official communication, the future situation is questionable.

Golden Finance reports that a Whale transferred over 80,000 Bitcoins through the Galaxy trading platform, pushing the active supply ratio of Bitcoin up to 37%. Despite the large transaction size, the price of Bitcoin remains stable at $118,000, indicating the market's increased capacity to withstand selling pressure. This transaction has sparked attention on the activity of "dormant Bitcoins."

Gate News bot message, according to the announcement from Gate platform on July 28, 2025: The Altered State Machine (ASTO) project has completed the token migration. The original ASTO tokens were converted to the new Think Protocol (THINK) tokens at a ratio of 1:0.28943 based on the snapshot taken on July 21 at 20:00:00 1928374656574839201 UTC+8. The total token supply has decreased from 2.384 billion to 1 billion. Gate platform will open trading services for the THINK token on July 29, 2025, at 14:00 ( UTC+80 1928374656574839201. The contract address for the new token THINK is 0xF9ff95468cb9A0cD57b8542bbc4c148e290Ff465) ETH (. The platform will also support the deposit and withdrawal services for THINK, and will no longer support the original ASTO token.

Markus Thielen, founder of 10x Research, suggests that traders follow Bitcoin's pullback to $111,673 as an ideal get on board point, emphasizing a risk-reward ratio of at least 1:2. He believes the market may test the breakout point, and if Bitcoin breaks above $120,000 and holds, then the trend can be followed, but a tight stop loss should be set.

According to Dumpster DAO, pump.fun plans to launch a trading volume incentive program lasting at least 30 days, with the reward token being PUMP. The new SDK has been updated to support the incentive mechanism and trading volume tracking. The incentive program has not officially launched yet, and the specific quantity of rewards and distribution ratio are to be determined, with the goal of regaining market share.

On July 26, Jin10 reported that Finland has encountered its first credit rating downgrade in nearly a decade due to the government's failure to control the continuously expanding debt levels. Fitch Ratings announced on Friday evening that it has downgraded Finland's long-term sovereign credit rating from AA+ to AA, the lowest among the three major rating agencies. "The level of government debt in Finland remains high and continues to rise. We expect a lack of sufficient fiscal consolidation measures in the medium term to stabilize the debt levels," Fitch pointed out in its statement. Finnish Prime Minister Orpo's government is attempting to repair the long-standing fiscal situation plagued by deficits. Since 2009, Finland's public finances have recorded deficits for several consecutive years. The current government has set a target to stabilize the debt-to-GDP ratio by 2027. The fundamental issue troubling the Finnish economy is that the transformation of its export-oriented industrial structure is still incomplete. Successive governments have failed to effectively cut spending to address the fiscal gap brought about by declining revenues from core industries.

On July 25, Jin10 reported that Wang Qing, chief macro analyst at Dongfang Jincheng, believes that the current mid-term liquidity continues to see a net inflow, mainly due to two factors: first, the pace of government bond issuance remains fast, coupled with an accelerated pace of credit issuance, requiring monetary policy to work in conjunction with fiscal policy; second, the Central Bank continues to maintain the intensity of quantity-based tool operations, signaling that monetary policy remains supportive, stabilizing market expectations and providing a favorable environment for credit expansion. Looking ahead to the second half of the year, Wang Qing believes that the probability of reserve requirement ratio cuts and interest rate reductions in the short term is low, but under the general direction of "expanding domestic demand and stabilizing growth," monetary policy will continue to take positive actions.

According to the Gate News bot, on July 7, 2025, the official announcement from Gate stated that Gate has launched MUSDT Perptual Futures spot trading, supporting USDT Settlement. The Perptual Futures contract supports 1-20x leverage for long and short positions, and users can choose the leverage ratio when placing orders. The settlement period for the contract funding rate is every 4 hours. The newly launched MUSDT Perptual Futures is an expansion of the platform's existing Perptual Futures offerings, providing users with new trading options.

Jin10 data reported on July 24th that Dongfang Caifu announced that shareholder Shen Yougen is inquiring about the transfer of 15,880.00 million shares, accounting for 1.00% of the company's total equity. This transfer will not reduce holdings through the Secondary Market and does not trigger an acquisition. After the transfer, Shen Yougen's shareholding ratio will decrease to 0.19%, but the company's controlling shareholder and actual controller remain unchanged.

Market analysis shows that the monthly capital destruction rate/annual capital destruction rate ratio of Bitcoin has reached 0.25, indicating that long-term holders are selling off Bitcoin in large quantities. However, treasury demand and inflows into Bitcoin ETFs remain strong, and the impact on the rising trend is expected to be limited.

PANews, July 24 news, CryptoQuant posted on platform X: "For the first time in over a year: Ethereum spot trading volume exceeds Bitcoin. Last week, Ethereum spot trading volume reached $25.7 billion, while Bitcoin spot trading volume was $24.4 billion, marking the first time since June 2024 that the ETH/BTC spot trading volume ratio has broken 1. Investors are shifting funds towards Ethereum and various altcoins."

Gate News bot message, The ETH/BTC ratio recorded a significant 40% increase over the past month, reaching approximately 0.031 from 0.022 on June 23rd. The ratio surge coincided with Ethereum's price appreciation of over 60% during the same 30-day period. The growth occurred alongside substantial E

Jiao Yin International has lowered its revenue and net profit forecasts for Jiu Mao Jiu for 2025-27, giving a target price of HKD 2.79 based on a 19 times price-to-earnings ratio for 2026, and maintaining a "Neutral" rating. The report points out that same-store sales continue to decline, but the Tai Er brand is expected to improve in the second half of the year.

Jin10 reported on July 22 that Zhongshe Co., Ltd. announced that its shareholder Chen Fengjun, who holds more than 5% of the company's shares, reduced his holdings by 1.5 million shares on July 22, 2025, accounting for a reduction ratio of 0.9606%. After this reduction, Chen Fengjun holds 17,730,244 shares of the company, accounting for 11.3541% of the total share capital. This reduction plan has been fully implemented.

Gate News bot message, according to Gate's announcement on July 21, 2025: Gate will launch the 285th Launchpool project ZKWASM (ZKWASM) token mining event. This event will take place from July 22, 2025, 20:00 to July 29, 20:00 ( UTC+8, during which users can stake USDT and ZKWASM to share a total reward of 500,000 ZKWASM tokens. ZKWASM is the world's first open-source virtual machine developed by Delphinus Lab that supports generating zero-knowledge proofs for WebAssembly. The project supports verifiable off-chain computation and builds a modular rollup architecture, receiving support from top investment institutions including Binance Labs and HashKey Capital. The system will distribute token rewards every hour based on the user's staked asset ratio. The exclusive staking pool for new users is only available to users who register after 08:00 UTC+8 on July 20, 2025, ).

Gate News bot reported that according to the announcement from the Gate platform on July 22, 2025: Gate will launch the 287th phase of the Launchpool project from July 22, 2025, at 22:00 to July 27, 22:00 ( UTC+8. This phase features MBG by Multibank Group ) MBG ( tokens. Users can participate in sharing a reward of 112,500 MBG tokens by staking ETH and MBG, and rewards will be distributed hourly according to the staking ratio. MBG is the first token supported by the global financial institution MultiBank Group. MultiBank Group has total assets of 29 billion USD and an average daily trading volume of over 35 billion USD. The project is dedicated to combining traditional finance with Web3 technology to create digital assets with practical application scenarios.

ChainCatcher news, analyst PlanB posted on the X platform stating, "The market capitalization of gold is about 20 trillion dollars and the market capitalization of Bitcoin is about 2 trillion dollars. Therefore, the value of gold is 10 times that of Bitcoin." The scarcity of gold (stock-to-flow ratio) is about 60, while the scarcity of Bitcoin is about 120. Therefore, the scarcity of Bitcoin is twice that of gold. I believe Bitcoin is at least undervalued by a factor of 10.

Jin10 data reported on July 20 that on July 19, Southern Fund announced that the Southern Runze Technology Data Center REIT and Southern Wanguo Data Center REIT were established on July 18, raising 4.5 billion yuan and 2.4 billion yuan respectively, with the total number of effective subscriptions exceeding 40,000 households for both. Southern Fund utilized a portion of its own capital for the subscriptions. It is reported that these are the first batch of public sale REITs products for data centers established in the current market. The subscriptions for both funds were quite popular, with the final confirmation ratio of effective subscription applications for offline investors and public investors being less than 1%.

According to sources, a new round of ceasefire negotiations in Gaza being held in Doha, Qatar, is expected to reach an agreement within two weeks. All parties are cautiously optimistic about the progress, although there are still differences regarding the ratio of exchanged detainees, some progress has been made.