Gate News bot message, according to the official Gate announcement on August 8, 2025: Gate will launch Baby Shark Universe (BSU) spot trading on August 9, 2025, at 18:00 (UTC+8), and will also start the 296th Launchpool event. The platform will support the BSU/USDT trading pair. The BSU project is a hybrid entertainment platform based on the [鲨鱼宝宝] IP, dedicated to creating a family-friendly ecosystem that connects Web2 and Web3, covering games, NFTs, and metaverse experiences. The project has received investments from 11 institutions including Sui and GM Ventures. The Launchpool event will last until August 16, 2025, at 18:00 (UTC+8). Users can share a reward of 1,019,541 BSU tokens by staking BTC or BSU. BSU tokens are developed based on the BEP-20 standard, with a total supply of 850 million tokens. The contract address is 0x1aecab957bad4c6e36dd29c3d3bb470c4c29768a.

Bitcoin treasury company BSTR announced the completion of a $65 million financing, approximately 555 Bitcoins. The funds will be activated after the merger with CEPO, and the company plans to hold 30,021 Bitcoins after the merger, trading under the BSTR stock code, and will also receive up to $1.5 billion in private sale investment.

Odaily News On August 7, Bitcoin dipped to $111,643 but quickly rebounded to $117,000, reaching the key breakout level retest target mentioned in previous reports, reigniting trading interest. The current market faces challenges such as volatility compression, seasonal weakness, and insufficient macro drivers. Trump's recent push for 401(k) investments in encryption and increased attention on gold may bring about a change in sentiment. The number of active Ethereum addresses has reached a new high, with prices rising, but it relies more on narrative-driven factors. Both are at critical technical junctures, and may face either a higher trade volumes breakout or a rapid pullback.

The weekly report released by Matrixport indicates that the Bitcoin market has entered a correction phase, with weakening momentum, and a cooling of the funding situation and trading volume. The technical indicators suggest that the support level may face a test, and there is a high level of market hesitation. Attention is on the economic trends in the United States and the Fed's interest rate decisions, maintaining an overall consolidation. Speculators need to be patient and wait for clear signals to reposition.

Odaily News Twitter co-founder Jack Dorsey's payment platform Block released its second-quarter financial report, which shows that the company increased its holdings by 108 BTC in the second quarter of this year, bringing its Bitcoin holdings to 8,692 coins by the end of June.

Today (8th) the overall cryptocurrency market continues to show a rebound pattern, with Bitcoin (BTC) and Ethereum (ETH) both strengthening, and mainstream altcoins actively rotating. ETF funds continue to flow in, and the technical indicators are in long positions, boosting market sentiment. Popular tokens such as PENDLE, ZORA, and ORCA have seen significant gains in the past 24 hours, becoming the focus of capital pursuit. Below is a deep analysis of the latest market trends on the Gate platform.

Odaily News According to the official announcement, the U.S. listed company Worksport (WKSP) announced that its Bitcoin reserves have doubled compared to its holdings in December last year. Since its first purchase of Crypto Assets, its existing digital asset portfolio—which includes Bitcoin and XRP—has risen by approximately 15%.

ChainCatcher news, Nasdaq-listed Bitcoin mining company HIVE Digital Technologies officially released the Bitcoin mining production report for July, which noted that in July, the mining output was 203 Bitcoins, a month-on-month rise of 24%, with an average daily mining output of 6.6 BTC. So far this year, HIVE Digital's earnings per share have risen by 65%, from $0.83 to $1.37.

Golden Finance reported that David Marcus, the former head of Facebook's stablecoin project, stated on the X platform that Bitcoin is not only the best-performing neutral asset in history but is also becoming the settlement layer of the internet.

According to Golden Finance, NASDAQ-listed company WiMi Hologram has released its operating performance report, disclosing that as of August 7, the total amount of cash, cash equivalents, and short-term investments including Bitcoin-related securities derivations held by the company reached $455 million, of which the total amount of Bitcoin-related securities derivations and short-term investments was approximately $212 million. The company announced that it will increase its capital allocation for blockchain and Bitcoin-related crypto assets applications.

Gate News Bot news, on August 8, according to CoinMarketCap data, as of the time of writing, BTC (Bitcoin) is currently priced at $117,300, rising 2.05% in the last 24 hours, with a peak of $117,700 and a low of $111,900. The 24-hour volume reached $66.367 billion. The current market capitalization is approximately $2.33 trillion, an increase of $46.813 billion compared to yesterday. Bitcoin is an innovative payment network and a new type of currency. Bitcoin operates on a peer-to-peer technology, requiring no central authority or bank; the network collectively manages transactions and the issuance of Bitcoin. Bitcoin is open-source; its design is public, no one owns or controls Bitcoin, and anyone can participate. Through its many unique properties, Bitcoin

CryptoQuant reports that after Bitcoin reached a historic high of $123,000, it has entered a short-term consolidation and downward risk, with the bullish index dropping from 80 to 60. Although it is still in the bullish range, the upward momentum has weakened, and if the price continues to weaken, it may confirm a Bear Market.

Bitcoin (BTC) experienced a Rebound before the weekend, currently reporting around 117,580 USD during the Asian session today (8). President Trump has opened up a $12.5 trillion 401K market, allowing Crypto Assets and private sale to enter, unlocking private markets for 90 million savers. Trump signed an executive order aimed at preventing federal regulators from targeting Financial Institutions that have business dealings with the crypto industry. The SEC has ended its legal dispute with Ripple, with both parties abandoning their appeals, and the rulings related to Ripple (XRP) remain unchanged.

ChainCatcher news, the Cardity team has launched a new UTXO smart programming language that can be used to build Decentralized Finance protocols on Bitcoin-like blockchains (such as DOGE). This language uses a syntax similar to Solidity, making it easy to understand, and is designed for applications such as Tokens, DAO, voting, and DeFi. Developers can deploy protocols into UTXO via .car files. The core implementation of Cardity has been made Open Source and can be viewed on GitHub.

Golden Finance reports that Bitcoin mining company CleanSpark (NASDAQ: CLSK) announced its Q3 performance for the fiscal year 2025, with revenue increasing 91% year-on-year to $198.6 million, and net profit reaching $257.4 million. The net profit may exceed revenue due to non-operating income, such as gains from asset sales, investments, or one-time events, which are included in net profit but not in revenue. Benefiting from the pump in Bitcoin prices (rising from about $86,500 to around $109,000 within Q3) and an expansion in its holdings, its total Bitcoin reserves are valued at approximately $1.08 billion, representing a significant component of the company's total assets of $3.1 billion. CleanSpark also announced that its Computing Power reached 50 EH/s, accounting for 5.8% of the global Computing Power, making it the first publicly traded company to achieve this level entirely through domestic infrastructure in the United States.

Gate News bot message, Gate market shows BTC突破117000 USDT, current price 117001.8 USDT.

Odaily News According to on-chain analyst Yu Jin's monitoring, several whales with similar investment strategies seem to have reached similar outcomes: aggressive rollover strategies, from small capital to large profits, and then to significant losses or total loss. 1. James Wynn: Made a profit of $87 million at the end of May, but not only pulled back all profits afterward but also incurred a loss of $21.77 million in principal. At his peak, at the end of May, he opened a long order for BTC worth $1.23 billion on Hyperliquid. 2. AguilaTrades: Currently has lost $40 million. 3. "Insider Whale": @qwatio turned $3 million into a profit of $26 million, and then lost everything including principal and interest.

Golden Finance reports that, according to @BTCArchive, Trump said: "For a long time, our government has been going against the fundamental principle that every Bitcoin holder holds dear: Never sell your Bitcoin."

Gate News bot message, Bitcoin and Ethereum ETFs demonstrated positive net flows on August 7. Ten Bitcoin ETFs recorded a total net inflow of 607 BTC ($70.72M), with iShares (BlackRock) contributing 363 BTC ($41.36M) to reach total holdings of 738,171 BTC ($86.05B). Nine Ethereum ETFs saw net inflow

According to Golden Finance, a "sleeping" Bitcoin whale that has been inactive for nearly a decade has just transferred BTC worth $348 million. 3,000 Bitcoins were moved from a wallet address from 2015 and split into 30 new addresses. Since November 2015, the value of Bitcoin in that address has risen by 34,548%.

BlockBeats news, on August 7, according to monitoring by Lookonchain, a certain Whale sold 10,000 stETH (approximately 38.16 million USD) and 398 BTC (approximately 46.41 million USD) in the past two hours, totaling 84.93 million USDC for profit-taking.

Odaily News Cipher Mining Inc. (NASDAQ: CIFR) released its Q2 2025 financial report. The report shows that the company achieved a revenue of 44 million dollars in the second quarter, with an adjusted profit of 30 million dollars and a net loss of 46 million dollars. As of the end of Q2, the company held Bitcoin valued at 112 million dollars. (Globenewswire)

Odaily News ORD CITY auction data shows that the bidding price for the Meme Token WIF prototype hat has risen to 21 BTC, approximately 2.44 million USD. Note: The auction margin for ORD CITY is 0.025 BTC, meaning that if the bidder wins the auction but does not pay, they will only lose about 2900 USD.

Odaily News Greenidge Generation, a Bitcoin mining company listed on NASDAQ, is selling its Mining Farm in Mississippi for approximately $3.9 million, just one year after it began operations, due to the company's financial difficulties and the ongoing harsh environment faced by U.S. miners. (The Block)

Jinse Finance reports that Nasdaq-listed Bitcoin mining company Hut 8 has released its financial performance report for the second quarter, disclosing that the company's revenue reached $41.3 million, net income was $137.5 million, and strategic Bitcoin reserves expanded to 10,667 coins, with a holdings market capitalization of $1.1 billion as of June 30, 2025. In the second quarter, Bitcoin mining, GPU as a service, and data center cloud operations generated $34.3 million in revenue, and in collaboration with American Bitcoin, they began offering ASIC hosting services with a capacity exceeding 130 MW.

Gate News bot message, Gate market shows BTC breaking 116000 USDT, current price 116042.6 USDT.

According to Jincai Finance, on-chain analyst @alicharts monitored that long-term Bitcoin holders made a profit of approximately 44.5 million USD in the past 48 hours.

BlockBeats news, on August 7th, according to on-chain analyst Ai Yi (@ai9684xtpa), the futures trading whale AguilaTrades deposited 4.6 million USDC as margin to Hyperliquid 15 minutes ago, and has opened long orders for both BTC & ETH, with a total position value of 98.29 million USD and unrealized gains of 308,000 USD. Specific position information is as follows: BTC: 40x long order, holdings of 530.7497 coins, entry price $114,856.1 ETH: 25x long order, holdings of 10,000 coins, entry price $3,706.

The price of Bitcoin has continued to pull back since reaching an all-time high in mid-July, currently falling below $116,000, with a low of $112,000. The profit rate for short-term holders has dropped to 70%, and weak demand may exacerbate dumping pressure. Although the price has rebounded to $114,000, it needs time to accumulate support. If it struggles to break through the resistance at $116,900, it may further dip to $110,000.

PANews August 7 news, according to Sentora (formerly IntoTheBlock) on-chain data analysis, Bitcoin's recent volatility has remained around 20%, showing a long-term downward trend, with no signs of compression in the short term, and the market is generally in a range-bound state. At the same time, the correlation between Bitcoin and traditional financial markets is gradually increasing, especially the correlation with the S&P 500, which indicates that Bitcoin's sensitivity to macroeconomic conditions may be rising. In terms of on-chain cost, currently about 95% of Bitcoin addresses are in profit, but this has decreased compared to the historical high of $121,000 reached in July. Data shows that many holders bought Bitcoin in the range of $116,000 to $119,000 and are in a loss position, which may become a significant resistance for future upward movements.

Norway's K33 and Sweden's Goobit deepen cooperation, planning to promote Bitcoin strategies and market infrastructure development in the Nordic region, exploring lending services and digital asset services compliant with MiCA regulations, aiming to accelerate institutional adoption of Bitcoin.

Golden Finance reports that Cryptoquant analyst Axel Adler Jr has released a market analysis indicating that in the past 40 days, the Bitcoin supply held by short-term holders has increased by 178,000 coins, approximately equivalent to 20 billion dollars.

Odaily News According to monitoring by NLNico, Union Jack Oil and Reabold Resources announced plans to mine Bitcoin using idle natural gas from West Newton through 360 Energy. Union Jack Oil sees this as part of its future Bitcoin reserve strategy. Reabold Resources aims to achieve a higher Return on Investment by mining Bitcoin compared to direct purchases.

Odaily News According to monitoring by NLNico, the gold mining company ECR Minerals announced the adoption of a Bitcoin reserve strategy, planning to allocate up to 50% of its surplus cash and free cash flow generated from gold production long-term into Bitcoin.

Gate News bot message, Riot Platforms Vice President Pierre Rochard recently made a striking statement on social media platform X. He suggested: "Don't spend more than $100 on an engagement ring, buy BTC for your future family." This viewpoint overturns the traditional choice of engagement gifts, advocating for investing funds in the crypto assets market, particularly Bitcoin. Rochard's remarks have sparked a discussion about marriage traditions and emerging investment methods.

Today (7), the Crypto Assets market has intensified its Fluctuation, with both BTC and ETH experiencing a fall, while alts are generally under pressure. Meanwhile, the Gate exchange's derivatives trading volume in July has risen by 46.5% month-on-month, increasing its market share to 11%, making it a focal point in the global CEX sector. This article will combine macroeconomic factors, Mainstream Tokens, ETF and contract dynamics, on-chain hotspots, and platform data to provide a comprehensive analysis of the latest market trends.

Golden Finance reported that Bitcoin pioneer and Blockstream founder Adam Back stated on the X platform in response to community doubts that he has not sold his shares in the Bitcoin treasury company Sequans. According to public information, Adam Back currently holds about 5.76% of Sequans' shares, and he previously invested in the European listed company The Blockchain.

Analysts warn that the summer market slump will continue, with Bitcoin approaching the 50-day MA, showing signs of accumulated fatigue, and active traders turning to smaller projects.

BlockBeats news, on August 7, according to Cointelegraph, the Fed's latest report discusses using the valuation gains from gold reserves to fund the strategic Bitcoin reserves of the United States.

ChainCatcher news, Simon Gerovich, the CEO of a Japanese listed company, stated in a post on the X platform that the value of the company's BTC per share has risen 37 times compared to the same period last year. Metaplanet's mission is clear: to maximize the value of each BTC per share in a responsible, sustainable, secure, and indefinite manner, under the premise of complete transparency.

BlockBeats news, on August 7, Placeholder partner Chris Burniske posted on social media stating, "The ETH/BTC Exchange Rate pump trend does not seem to have stopped."

According to BlockBeats news on August 7, Cointelegraph reported that Bitwise CIO Matt Hougan stated that institutions and governments are discussing incorporating Bitcoin into their reserves, marking an early stage of exponential demand.

The encryption investment company Parataxis Holdings plans to merge with SilverBox Corp IV SPAC, aiming to list on the New York Stock Exchange and raise $640 million. After the merger, it will provide up to $240 million in funds for the purchase of Bitcoin and support BTC fund management strategies.

Golden Finance reports that U.S. Vice President JD Vance said, "I am a holder of Bitcoin... it is a means of transaction and value storage in the modern digital age."

The Bitcoin asset management company Parataxis Holdings will go public through a merger with SilverBox Corp IV, with a post-merger valuation of $400 million, which could reach $800 million if additional stock purchase rights are exercised. The new company will trade on the NYSE under "PRTX" and has raised $31 million for the purchase of Bitcoin.

BlockBeats news, on August 7, RGB protocol infrastructure developer Bitlight Labs announced that the RGB Mainnet is now live, supporting access to the RGB Faucet for minting test assets RGB and exploring Bitcoin on-chain native smart contracts functionality.

BlockBeats news, on August 6th, according to EmberCN monitoring, "insider trader" @qwatio stopped loss half of the BTC short order position 20 minutes ago, after pulling back a profit of 26 million USD, his principal has lost 2 million USD, leaving only the last 1 million USD. Currently, @qwatio still holds a BTC short order worth 62.5 million USD, with a liquidation price at 115,368 USD.

Odaily News According to on-chain analyst Yu Jin's monitoring, 20 minutes ago, the "insider Whale" has stopped loss and reduced position by half of the BTC short order, with a capital loss of 2 million dollars, leaving only the last 1 million dollars.