DragonUp

On August 8, Wang Feng, the founder of Blueport Interactive, posted on his social platform that last year at this time, the market capitalization of Ethereum and TSL was about $500 billion, and now TSL has doubled to over $1 trillion. He stated that he was bullish on TSL at the time, but now suggests that friends buy Ethereum, claiming "today's Ethereum is definitely worth more than TSL." Trump's new policy on encryption, along with liquidity release, Bitcoin being viewed as digital gold, and traditional funds embracing the Programmability of crypto assets, all contribute to the advantage of E

Today's market analysis indicates that "at the current stage, it may still be too early, and even somewhat pessimistic, to determine whether Bitcoin will pull back to the 21-week moving average of $105,696. However, we still regard this level as a key trend reference: if the price is above this level, the overall trend remains biased towards long positions; once it falls below, we need to be cautious of bear market signals. Over the past three weeks, we have consistently expressed a more cautious stance in our weekly reports, and Bitcoin has also experienced a pullback, although market sentime

In July, Ethereum's on-chain monthly volume exceeded $238 billion, rising by 70% month-over-month. This is also the highest monthly volume since December 2021, setting a new high in nearly four years. The Ethereum network's volume also reached 46.67 million transactions, setting a record for monthly volume, up 3.6% from the historical peak of May 2021. The 7-day moving average (7DMA) of the Ethereum network's transaction count is also close to the historical high, reaching 1.64 million transactions, slightly below the historical high of 1.66 million transactions in May 2021. In July, the numbe

Democratic lawmakers in Texas announced that they will leave the state to temporarily block Republicans from advancing their plan to redraw congressional districts, a redistricting effort driven by Trump aimed at expanding Republican power in the 2026 midterm elections. By 'walking out', the Democrats will prevent the state legislature from reaching the minimum quorum required to vote. Texas House Democratic leader Gene Wu stated, "We are not shirking our responsibilities; we are protesting a manipulative system that refuses to listen to the voices of the people." The timing of this redistrict

Jin10 reported on August 3 that on August 2 local time, the U.S. federal regulatory agency's special prosecutor's office confirmed that former special prosecutor Jack Smith, who was responsible for the Trump case, is under investigation for "suspected illegal political activities." Smith previously led the investigation and litigation regarding Trump's alleged efforts to overturn the 2020 presidential election results and the improper handling of government classified documents. Smith left the U.S. Department of Justice on January 10 of this year.

According to BlockBeats news on August 2, monitoring by Farside Investors showed that yesterday the net outflow of Bitcoin spot ETF in the United States was $812.3 million, setting the second highest single-day net outflow record in history and the highest net outflow in nearly 5 months. In addition, yesterday the net outflow of Ethereum spot ETF in the United States was $152.3 million, setting the third highest net outflow record in history.

PANews August 1 news, according to Jin10 reports, the White House stated: it will impose a 39% tariff on Swiss goods. The tariff rate for Pakistan is 19%. A 19% tariff will be imposed on Malaysian goods; a 20% tariff on Vietnam. A 20% tariff will be imposed on Bangladesh. A 15% tariff on Israel. In addition, U.S. President Trump signed an executive order to increase the Canadian tariff from 25% to 35%, with the higher tariff taking effect on August 1, 2025.

Golden Finance reports that the U.S. government's tariff policy has triggered several months of Fluctuation in the U.S. economy. U.S. media on the 29th cited a study indicating that U.S. tariff policies will lead to a 1.8% rise in U.S. prices in the short term, which is close to the 2% inflation control target set by the Fed.

News Bots report that an important Whale Wallet (0x4a20) has established significant leverage long positions in multiple Crypto Assets on Hyperliquid. The trader has accumulated profits of $73.66 million, has opened long positions with 25x leverage on ETH, with 40x leverage on BTC, and with 10x leverage on HYPE and PEPE. The total position size of these assets has reached $121 million, with currently unrealized profits of $1.14 million.