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Choreo has invested $6.5 million in multiple Bitcoin ETFs
According to a report by Jinse Finance, wealth management firm Choreo has disclosed investments totaling $6.5 million in several Bitcoin ETFs. The company's largest holding is 51,679 shares of BlackRock's iShares Bitcoin ETF (IBIT), which were valued at over $3 million as of June 30.
According to a report by Jinse Finance, wealth management firm Choreo has disclosed investments totaling $6.5 million in several Bitcoin ETFs. The company's largest holding is 51,679 shares of BlackRock's iShares Bitcoin ETF (IBIT), which were valued at over $3 million as of June 30.
Data: If ETH falls below $4,516, total long liquidations on major CEXs will reach $3.85 billion
According to ChainCatcher, citing data from Coinglass, if ETH falls below $4,516, the total long liquidation volume across major CEXs will reach $3.85 billion. Conversely, if ETH breaks above $4,984, the total short liquidation volume across major CEXs will reach $2.095 billion.
According to ChainCatcher, citing data from Coinglass, if ETH falls below $4,516, the total long liquidation volume across major CEXs will reach $3.85 billion. Conversely, if ETH breaks above $4,984, the total short liquidation volume across major CEXs will reach $2.095 billion.
Fed’s Bostic Says There Is Sufficient Time to Wait for Policy Adjustments
According to ChainCatcher, citing Jinshi News, Federal Reserve's Bostic stated that as the labor market remains strong, there is sufficient time to wait before making policy adjustments.
According to ChainCatcher, citing Jinshi News, Federal Reserve's Bostic stated that as the labor market remains strong, there is sufficient time to wait before making policy adjustments.
Fed’s Goolsbee Flags Rising Inflation, Calls Latest CPI Report Concerning
According to ChainCatcher, as reported by Jintou, Federal Reserve's Goolsbee stated that if more situations similar to the latest Consumer Price Index (CPI) report arise in the future—where inflation components unrelated to tariffs are increasing—it would be even more concerning.
According to ChainCatcher, as reported by Jintou, Federal Reserve's Goolsbee stated that if more situations similar to the latest Consumer Price Index (CPI) report arise in the future—where inflation components unrelated to tariffs are increasing—it would be even more concerning.
Fed’s Goolsbee Stresses the Importance of Independence from Political Interference
According to ChainCatcher, citing Jintou News, Federal Reserve official Goolsbee stated that economists unanimously agree the Fed must remain independent from political interference to ensure the effectiveness and fairness of its policies.
According to ChainCatcher, citing Jintou News, Federal Reserve official Goolsbee stated that economists unanimously agree the Fed must remain independent from political interference to ensure the effectiveness and fairness of its policies.
Trump: If the "Trump-Putin Summit" Goes Smoothly, a U.S.-Russia-Ukraine Trilateral Meeting Will Be Held
According to ChainCatcher, U.S. President Trump stated on Wednesday that if his meeting with Russian President Putin goes well, he hopes to quickly hold a second meeting with both Putin and Ukrainian President Zelensky. "If the first meeting goes smoothly, we will hold a second one very soon."
Trump said, "I want to hold it immediately. If they are willing to have me present, we will soon have a second meeting with President Putin, President Zelensky, and myself." Trump did not provide a specific timeline for the second meeting. He also stated that if Putin does not agree to end the war, Russia will face consequences. He did not elaborate on the consequences, but previously warned that severe economic sanctions would be imposed if no breakthrough is achieved.
According to ChainCatcher, U.S. President Trump stated on Wednesday that if his meeting with Russian President Putin goes well, he hopes to quickly hold a second meeting with both Putin and Ukrainian President Zelensky. "If the first meeting goes smoothly, we will hold a second one very soon."
Trump said, "I want to hold it immediately. If they are willing to have me present, we will soon have a second meeting with President Putin, President Zelensky, and myself." Trump did not provide a specific timeline for the second meeting. He also stated that if Putin does not agree to end the war, Russia will face consequences. He did not elaborate on the consequences, but previously warned that severe economic sanctions would be imposed if no breakthrough is achieved.
Trump: Will Appoint a New Fed Chair as Soon as Possible
According to Jinse Finance, U.S. President Trump stated that a new Federal Reserve Chair will be appointed as soon as possible, with only three to four candidates remaining.
According to Jinse Finance, U.S. President Trump stated that a new Federal Reserve Chair will be appointed as soon as possible, with only three to four candidates remaining.
After a $25.4 Million Loss on ETH Shorts, Hyperliquid Whale Reduces Position While BTC Bears Increase Short Positions with $12.6 Million Unrealized Loss
BlockBeats News, August 13—According to monitoring by HyperInsight, as the market continues its upward trend, Hyperliquid whales are urgently adjusting their positions to avoid liquidation. Details are as follows:
The whale with address starting 0x20c2d9 reduced its ETH short position by $1.0665 million, currently facing an unrealized loss of $25.414 million, with a liquidation price of $6,068.533.
The whale with address starting 0x5d2f446 increased its BTC short position by $1.3576 million, currently facing an unrealized loss of $12.6078 million, with a liquidation price of $127,734.796.
BlockBeats News, August 13—According to monitoring by HyperInsight, as the market continues its upward trend, Hyperliquid whales are urgently adjusting their positions to avoid liquidation. Details are as follows:
The whale with address starting 0x20c2d9 reduced its ETH short position by $1.0665 million, currently facing an unrealized loss of $25.414 million, with a liquidation price of $6,068.533.
The whale with address starting 0x5d2f446 increased its BTC short position by $1.3576 million, currently facing an unrealized loss of $12.6078 million, with a liquidation price of $127,734.796.
Total Cryptocurrency Market Cap Surpasses $4.2 Trillion, Reaching an All-Time High
BlockBeats News, August 13 — According to Coingecko data, the total cryptocurrency market capitalization has surpassed $4.2 trillion, reaching $4.219 trillion, marking a new all-time high with a 24-hour increase of 3.5%.
BlockBeats News, August 13 — According to Coingecko data, the total cryptocurrency market capitalization has surpassed $4.2 trillion, reaching $4.219 trillion, marking a new all-time high with a 24-hour increase of 3.5%.
Standard Chartered raises year-end Ethereum price forecast to $7,500
BlockBeats News, August 13 — Standard Chartered Bank on Wednesday raised its year-end price target for Ethereum from $4,000 to $7,500, citing improved industry participation in recent months and an increase in Ethereum holdings. This new target represents a nearly 60% premium over the more than three-and-a-half-year high of $4,700 that Ethereum reached on Wednesday.
As the world’s second-largest cryptocurrency, Ethereum has become the preferred choice for investors seeking higher returns. Unlike Bitcoin, which relies solely on price appreciation, Ethereum can be staked, allowing holders to lock up their tokens to support the Ethereum network and earn rewards. Over the past four weeks, Ethereum’s price has surged by more than 50%, driven by the passage of the “Genius Act.” This legislation aims to establish a regulatory framework for stablecoins pegged to the US dollar, and the market expects this will boost their adoption, thereby driving up the prices of crypto assets including Ether.
Geoff Kendrick, Head of Digital Asset Research at Standard Chartered, stated: “We expect the stablecoin industry to grow by about eightfold by the end of 2028, which will have a significant direct impact on fees on the Ethereum network.” Most stablecoins are issued and traded on the Ethereum blockchain, which increases the demand for paying transaction fees with Ethereum. (Jin10)
BlockBeats News, August 13 — Standard Chartered Bank on Wednesday raised its year-end price target for Ethereum from $4,000 to $7,500, citing improved industry participation in recent months and an increase in Ethereum holdings. This new target represents a nearly 60% premium over the more than three-and-a-half-year high of $4,700 that Ethereum reached on Wednesday.
As the world’s second-largest cryptocurrency, Ethereum has become the preferred choice for investors seeking higher returns. Unlike Bitcoin, which relies solely on price appreciation, Ethereum can be staked, allowing holders to lock up their tokens to support the Ethereum network and earn rewards. Over the past four weeks, Ethereum’s price has surged by more than 50%, driven by the passage of the “Genius Act.” This legislation aims to establish a regulatory framework for stablecoins pegged to the US dollar, and the market expects this will boost their adoption, thereby driving up the prices of crypto assets including Ether.
Geoff Kendrick, Head of Digital Asset Research at Standard Chartered, stated: “We expect the stablecoin industry to grow by about eightfold by the end of 2028, which will have a significant direct impact on fees on the Ethereum network.” Most stablecoins are issued and traded on the Ethereum blockchain, which increases the demand for paying transaction fees with Ethereum. (Jin10)