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.

BlockBeats news, on August 8, economist and cryptocurrency critic Peter Schiff tweeted, "Most Americans' savings are far from sufficient to support retirement. Trump allowing Americans to use the little retirement savings they have in their 401(k) accounts to invest in Bitcoin and other crypto assets will only make this problem worse."

Gate News bot message, Gate market shows that since the launch of Alpha, 401k has pumped 14096.23%, current price 0.0011176 USDT.

Gate News bot message, Gate market shows that after the launch of Alpha, 401k has pumped 12994.77%, current price 0.0010437 USDT.

Gate News bot message, 401k has launched Alpha

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.

Bitcoin (BTC) has fallen approximately 2.10% in the past 24 hours, forming a bearish candlestick pattern, with the lower wick indicating limited buying support at lower levels. Technical Analysis shows that lower highs and lower lows confirm the downtrend, with selling pressure prevailing. On July 31, BTC ETF saw an outflow of $114 million, with IBIT inflowing $18.6 million and FBTC outflowing $53.6 million.

SharpLink Gaming announced that it will increase its holdings of Ethereum while ensuring shareholder value, launching the "ETH Concentration" index, which shows the amount of ETH corresponding to every 1000 shares of equity. Since the strategy was launched, the "ETH Concentration" has risen by 70%.

BlockBeats news, on July 18, according to Bloomberg, a key strategist of the lobbying campaign that turned Donald Trump into the most powerful supporter of cryptocurrency is placing big bets in one of the hottest areas of the industry and reaping incredible rewards. According to informed sources, David Bailey's hedge fund 210k Capital achieved a net return of 640% over the 12 months ending in June, far exceeding the rise of Bitcoin itself. The fund has invested in about a dozen companies that have transformed into Bitcoin purchasers. As of June 30, 210k Capital's assets under management reached $433 million.

Gate News Bot news, July 18, according to CoinMarketCap, as of the time of writing, HMSTR (Hamster Kombat) is currently priced at 0.00094687 USD, having risen by 15.60% in the last 24 hours, with a peak of 0.001089 USD and a low of 0.00071067 USD. The 24-hour volume reached 176 million USD. The current market capitalization is approximately 61 million USD, an increase of 8.23 million USD compared to yesterday. Hamster Kombat is a gamified crypto project where players start as a shaved hamster and gradually grow to become the CEO of a tier-one crypto exchange by purchasing upgrades, completing tasks, and inviting friends. The project encourages players to unleash their inner CEO potential and become the best in the game. HMSTR is Hamster K

Gate News bot message, 4K has launched Alpha.

Gate News bot message, Bitcoin continued its upward momentum, establishing a new all-time high at $118,211, marking a 6.21% increase. Simultaneously, Ethereum demonstrated strong performance with an 8.13% gain, reaching $3,018. The market movements triggered over $1 billion in short liquidations ac

The Ukrainian air force reported that the Russian military launched 539 drones and multiple missiles since 6 PM on July 3, with the main target being Kyiv. The Ukrainian military successfully shot down 478 aerial targets, including 2 "Iskander-K" cruise missiles and 476 drones.

BlockBeats News, on June 20, the central banks of Switzerland, Sweden and Norway struck interest rate cuts within 24 hours, each cutting by 25 basis points, announcing that the world has once again entered an easing cycle. Although most economists had expected these central banks to stand still, in the face of slowing inflation and currency appreciation pressures, the three countries chose to stimulate the economy ahead of schedule, causing market shocks. While the UK and US central banks kept interest rates unchanged, BTC continued to trade sideways around 105K as the pound weakened, US Treasury rates fell, and funds in the crypto market began to flow back. Markets are waiting to see if the expiration of the US tariff moratorium in early July becomes a new variable. Bitunix analysts suggest that this "small easing wave" may be a precursor to the global monetary policy shift in the second half of the year, especially in the context of slowing inflation, which is expected to support the performance of risk assets. Follow BTC $103,300-$102,700

Gate News bot reported that, according to Bloomberg, former Malaysian Prime Minister Najib Razak successfully overturned another lawsuit involving the troubled state fund 1MDB, marking a rare victory for the imprisoned politician.

According to CryptoQuant analyst Axel Adler Jr, the premium net UTXO supply ratio fell back to 0.806 within 48 hours after peaking at 0.96 on June 11. If the ratio continues to be below 0.80 on a daily basis, it will form a classic "buy signal", and the 102-105K USD range may become the basis for a new rally. However, if the price of BTC falls below $100,000, the selling pressure may intensify again. Market dynamics: Due to the tense geopolitical situation, crude oil and gold have risen as safe-haven assets; Israel's preemptive strike against Iran causes stock market to fall; Major CEXs liquidated $360 million in long positions in the last 24 hours.

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.

PANews, August 7th news, Bitwise Research Director Ryan Rasmussen stated that if cryptocurrency assets account for 1% to 10% of the total assets in 401(k) retirement accounts, the corresponding potential influx of funds could reach $80 billion to $800 billion. Bitwise data shows that as of the second quarter of 2024, the total assets of 401(k) plans in the United States are close to $8 trillion.

In the first half of this year, city commercial banks' wealth management subsidiaries generally achieved significant scale rise, with Ningyin Wealth Management and Suyin Wealth Management increasing by 26.94% and 17.72%, respectively. In contrast, the scale of major state-owned banks' wealth management subsidiaries generally declined, with ICBC and ABC Wealth Management decreasing by 180 billion and 220 billion, respectively.

Gate News bot message, according to Bloomberg News and Reuters, former President Donald Trump is scheduled to sign an executive order this Thursday that targets the expansion of investment options in 401(k) retirement plans. The executive order specifically addresses the inclusion of alternative ass

Gate News Bot message, August 7th, according to CoinMarketCap data, K (Kinto) is currently priced at $4.27, having risen 407.07% in the last 24 hours, with a high of $4.72 and a low of $0.84. The 24-hour volume reached $775,700. The current market capitalization is approximately $7.85 million, an increase of $6.3 million compared to yesterday. Kinto is a modular exchange that provides users with the best DeFi experience through non-custodial insurance wallets and a modular exchange. The platform aims to create a safer, faster, and lower-cost network to meet the needs of DeFi and traditional finance. Kinto offers an attractive infrastructure for users, developers, and investors, committed to building an open and transparent financial system. K Recent Important News:

Gate News Bot news, July 17, according to CoinMarketCap data, as of the time of writing, PENGU (Pudgy Penguins) is currently priced at $0.03, with a 1.16% fall within the last 24 hours, reaching a high of $0.04 and a low of $0.02. The current market capitalization is approximately $2.015 billion, a decrease of $23.7166 million compared to yesterday. Pudgy Penguins is a global IP focused on spreading penguin culture, meme culture, and positivity. The brand produces content, merchandise, toys, and digital collectibles dedicated to unleashing the innocence within people. Pudgy Penguins believes in the power of play and imagination to convey creativity, freedom and community values through adorable penguin images. PENGU Recent Important News: 1️⃣ **South Korea交

ChainCatcher news, reported by GlobeNewswire, K Wave Media (NASDAQ: KWM) announced today that it has signed a $500 million convertible note protocol with Anson Funds, in addition to the previous agreement with Bitcoin Strategic.

According to Jinse Finance, Kinto officially announced that the deployment of the $K Token on the Arbitrum chain has suffered an external attack. The official statement pointed out that other funds bridged to the Kinto network remain safe in user Wallets, and no bridging liquidity is under threat. Currently, security institutions such as Seal 911, Hypernative, Venn, and Zeroshadow are assisting in a comprehensive investigation and have reported to the relevant authorities. The market shows that Kinto (K) has dropped over 90%, currently priced at $0.56, with a circulating market cap of nearly $1 million.

Odaily News Kinto announced on the X platform that it has confirmed a vulnerability in the network affecting the deployment of K Token on the Arbitrum on-chain. However, funds bridged to the Kinto network in user wallets are currently safe, and institutions such as Seal 911, Hypernative, Venn, and Zeroshadow are assisting in a comprehensive investigation.

Golden Finance reports that Bitcoin mining company Bit Origin announced that after submitting a 6-K form on June 30 to prove it has met the requirement to maintain at least $2.5 million in shareholder equity, it has now received confirmation from Nasdaq of its compliance with listing requirements, which means the company will be able to continue trading on the Nasdaq stock market.

Gate News bot message, since June 11, the price of Bitcoin (BTC) has experienced a mild pullback, falling from around $111,000 to just above $104,000 at the time of this writing. Although the escalating geopolitical tensions in the Middle East may put pressure on the asset, some analysts believe that BTC's long-term bullish trend remains intact.

According to Gate News bot, CryptoQuant analyst Axel Adler states that the strength in the Bitcoin futures market has turned bearish, falling into negative territory. As of the time of writing, this strength hovers around -93k, indicating a slight bearish sentiment in the market.

Odaily News Trader Eugene Ng Ah Sio posted on his personal TG channel: "The market has been very thrilling these days, but we made it through – we were almost ready to Cut Loss at the bottom, but after seeing BTC rebound from 112 K, we decided to continue holding. Now we are following whether ETH can once again surge to 3800–4000 dollars, looking for a short-term opportunity. However, if the market weakens again..."

Gate News Bot news, July 21, according to CoinMarketCap data, PENGU (Pudgy Penguins) is currently priced at 0.04 USD, with a rise of 25.85% in the last 24 hours, reaching a high of 0.04 USD and a low of 0.03 USD. The current market capitalization is approximately 2.448 billion USD, an increase of 503 million USD compared to yesterday. Currently, PENGU ranks 47th in the global Crypto Assets market capitalization. Pudgy Penguins is a global IP focused on spreading penguins, meme culture, and positive vibes. The brand creates content, merchandise, toys, and digital collectibles. Pudgy Penguins is dedicated to inspiring creativity, freedom, and community spirit, helping users unleash their inner child. PENGU recent important news: 1️⃣ **South Korea

The UK plans to sell approximately $7.1 billion worth of Bitcoin to fill its budget deficit, raising concerns in the market. The UK is the world's third-largest holder of Bitcoin, and the sale could recreate the scenario where Germany's selling caused a sharp price drop. The BTC price is facing short-term support at $116,300 and resistance at $120,000. Analysts suggest following the selling progress to avoid chasing the price.

Odaily News Consumption-level Blockchain Abstract today announced a strategic partnership with the South Korean entertainment company Modhaus, which is behind the K-pop girl groups tripleS, ARTMS, and idntt. This collaboration will move Modhaus's fan interaction platform Cosmo onto the Abstract on-chain, allowing fans to log in with one click using methods such as email, fingerprint, or facial recognition, without needing to understand complex encryption processes, enabling seamless interaction.

Gate News bot news, according to Maeil Business Newspaper, the Central Bank of Korea has suspended its CBDC project ahead of the second round of testing. The reasons for the suspension include an increase in the number of complaints from participating banks and more discussions about the won stablecoin. Currently, KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup, IBK Compan

Bitcoin is currently in a "non-correlation window period" similar to February 2025, with prices ranging sideways between 100-108K. The M2 money supply growth rate has turned positive, and The Federal Reserve (FED) officials have hinted at interest rate cuts. If it breaks through 108K, it is expected to reach 133K, and Q4 may become an important upward momentum window.

Odaily News Polyhedra co-founder tweeted on the X platform, "Fk KOGE, you ruged all of us, you know what you did." ("Fuck KOGE. You RUGGED all of us. You know what you did.") Polyhedra's official Twitter account retweeted this. He then posted another tweet: "I know everyone is criticizing us now, but this is not the first time. We went through a similar situation last time, and ultimately turned the doubts into praise; this time we can do the same - and even do better. This is just a brand new starting point."

Gate News bot message, a key indicator suggests that the price of Bitcoin may soon become more unstable, potentially driving the next round of pump. This indicator is based on the gap between the Bollinger Bands. Note: The Bollinger Bands are the fluctuation bands located two standard deviations above and below the 20-week simple moving average of the Bitcoin price. When the gap widens, it indicates that the market is more active and volatile. Historically, this phenomenon is observed before a significant rise in BTC. When the gap narrows, it indicates a decrease in market activity. The gap, also known as the Bollinger band spread, may soon widen, which is a positive signal for long positions, as the MACD histogram associated with this gap has turned positive. Historical data shows that a positive crossover of the MACD typically precedes a significant bull run in Bitcoin.

The cryptocurrency exchange Hotcoin announced an upgrade to its brand visual system, introducing a secure professional design, second-level candlestick features, and a Web3 wallet module, continuing to serve global users while maintaining a record of zero security incidents. The company also launched a futures trading campaign with a prize pool of 200,000 USDT and strengthened its international compliance layout.

PANews July 12 news, according to on-chain analyst Ai Yi (@ai9684xtpa) disclosed PUMP on-chain public sale data: - Filled a quota of 500 million dollars in 12 minutes - 185 addresses with 1M filled - 121 addresses with 50K or more - USDC accounts for 97%, while USDT only accounts for about 3%.

On July 22, K Wave Media (NASDAQ: KWM) announced a strategic partnership with digital asset investment firm Galaxy Digital (NASDAQ: GLXY). Under the protocol, Galaxy Digital will act as KWM's asset manager and strategic advisor, and will invest in KWM to support the implementation of its Bitcoin financial strategy and expand institutional capital access. KWM has secured nearly $1 billion in institutional capital support and has acquired 88 Bitcoins.

Gate News Bot news, on July 15, according to CoinMarketCap data, PENGU (Pudgy Penguins) is currently priced at $0.03, with a rise of 4.93% in the last 24 hours, reaching a high of $0.03 and a low of $0.01. The current market capitalization is approximately $1.925 billion, an increase of $90.5 million from yesterday. Currently, PENGU ranks 52nd in the global Crypto Assets market capitalization. Pudgy Penguins is a global IP brand focused on spreading penguins, meme culture, and a positive vibe. The brand produces content, merchandise, toys, and digital collectibles, dedicated to helping users unleash their inner child. Pudgy Penguins believes in the power of play and imagination, conveying warmth and joy to users through adorable penguin imagery. PENGU

Jin10 data reported on July 9th that in the early hours of today, the globally renowned large model open source platform Hugging Face has open sourced the top small parameter model SmolLM3. SmolLM3 has only 3 billion parameters, yet its performance significantly surpasses similar open source models such as Llama-3.2-3B and Qwen2.5-3B. It features a 128k context window and supports six languages including English, French, Spanish, and German. It supports both depth thinking and non-thinking dual reasoning modes, allowing users to switch flexibly.

Gate News bot reported that according to Cointelegraph, data from 10X Research shows that the Bitcoin's highest monthly closing price in June was slightly above $107,000, with analysts believing it is expected to rise 9% in July. The previous highest monthly closing price for Bitcoin was in May, approximately $104,600; followed by January, with a monthly closing price of about $102,450.

Gate News bot news, FXStreet analyst Vishal Dixit stated that after Bitcoin (BTC) surged 1.14% the previous day, the price slightly broke through $107,000 as of Tuesday's press time. Decentralized Finance (DeFi) tokens such as Pendle (PENDLE), Aerodrome Finance (AERO), and Uniswap (UNI) led the market's slight rebound.

Gate News Bot news, on July 16, according to CoinMarketCap data, as of the time of publication, PENGU (Pudgy Penguins) is currently priced at $0.03, having risen 15.85% in the last 24 hours, reaching a high of $0.03 and a low of $0.01. The current market capitalization is approximately $2.136 billion, an increase of $292 million compared to yesterday. Pudgy Penguins is a global IP focused on spreading penguins, meme culture, and a positive atmosphere. The brand produces content, merchandise, toys, and digital collectibles, aiming to help users unleash their inner child through the power of play and imagination. Pudgy Penguins offers a range of products and experiences, including Lil Pudgys digital collectibles, toys, and figurines.

Gate News bot message: According to the latest trading data, trader The Gambler (@qwatio) faced partial liquidation on short positions with 40x leverage in Bitcoin ( and 25x leverage in Ether ), resulting in a loss of $824,000, while also having a floating loss of $3 million. Another trader AguilaTrades (@AguilaTrades) has closed the position.

According to Gate News bot, Bitcoin has retreated to its 50-day simple moving average (SMA), a level that has provided support twice this month, causing the price to rebound. Therefore, the recent retest of the SMA provides an opportunity for the bulls to establish the 50-day SMA support level, pushing the price up further. Conversely, a break below the 50-day SMA support level could trigger stronger selling pressure, which could eventually cause the price to fall below $100,000. As of press time, the bearish case seems strong as bulls show weakness, as evidenced by the recent shallow rally in the 50-day SMA. When the SMA was first tested on June 5, the price rebounded from about $100,500 to over $10,000. However, on the second test of the SMA on June 17, the price only rebounded from $103,000 to $109,000. The Doji candle of the past week also hints at bullish weakness above $100,000. A strong volume break above $110,000 is needed to restore the current bullish outlook.

Gate News bot message, market expert "Crypto Michael" recently released a technical chart on X (formerly Twitter) showing that Ripple (XRP) has been consolidating for seven months after an astonishing 700% price rise, and this rise was triggered by a breakout from a multi-year symmetrical triangle pattern. The chart is based on a 3-month Candlestick Chart, showing that XRP has experienced significant price compression over seven years within the triangle pattern.

Gate News bot news, BitVM founder Robin Linus announced the latest progress of the BitVM3 protocol through social media. The protocol adopts optimistic computation and obfuscated circuit technology, reducing the on-chain data size for SNARK proof verification from 2~4MB in BitVM2 to 56kB for assertTx and 200 bytes for disproveTx. BitVM was first proposed by Robin Linus in 2023, aiming to achieve complex computations and smart contract functionalities on Bitcoin. The system operates using an off-chain computation and on-chain dispute verification model. Currently, Robin Linus has formed the BitVM Alliance, which includes members such as Fiamma, Zerosync, Element Labs, and Citrea. Source: Wu Says

Gate News bot消息，Bitcoinist表示，DOGE再次回到了熟悉的价格区间，这一区间历来是pump的跳板。在最新的4小时Candlestick图中，DOGE目前正接近0.168美元至0.172美元的support level，此前它曾于本月初从该水平Rebound。尽管价格有所跌，但从技术角度来看，该internet memes币已准备好迎来看涨反转，其相对强弱指数(RSI)的走势暗示着动能可能出现转变。

According to the Gate News bot message and the report from Onchain Lens, a cryptocurrency trader known as "mysterious whale" AguilaTrades has completed a profitable Close Position in Bitcoin futures trading, with profits reaching $160,000. It is worth noting that AguilaTrades previously lost $344,000 in a BTC short position. The latest data shows that Agui