Gate News Bot news, August 5th, according to CoinMarketCap data, as of the time of publication, M (MemeCore) is currently priced at $0.58, having risen 30.79% in the last 24 hours, with a highest point of $0.59 and a lowest point of $0.31. The current market capitalization is approximately $912 million, an increase of $215 million compared to yesterday. MemeCore is an ecosystem platform specifically designed for meme coins. The project aims to provide an innovative and growth-oriented environment for meme coins, offering support and development opportunities for meme coin projects through its ecosystem.

Odaily News Monad co-founder James announced on the X platform that the Monad Consensus client is now open source, and users can access it via the github link.

Bitcoin (BTC) continues the rebound trend that started this week, currently reported around 115,080 USD today (5th). The Commodity Futures Trading Commission (CFTC) is seeking to allow Spot crypto assets trading on registered exchanges, and the White House is preparing to issue an executive order to penalize banks that discriminate against crypto companies. The wave of institutional accumulation of Ethereum (ETH) continues, with BitMine purchasing 833,000 ETH within 35 days, quickly accumulating 2.9 billion USD in ETH, surpassing SharpLink.

According to on-chain analyst Yu Jin's monitoring, a "Whale" added 3.32 million USDC Margin after ETH rose to $3700, restoring its short order ETH Position to 27,000 coins, currently facing a loss of $2.32 million. The Position situation is at 25x leverage, entry price $3637, liquidation price $3828.

Odaily News Magic Eden announced on the X platform that the third quarter rewards are coming soon, the second quarter leaderboard has been locked, and the rewards are expected to be distributed on August 6th, with nearly 6 million dollars.

Odaily News Meteora stated on the X platform that it is aware that the website has been flagged as a phishing site by MetaMask, but the website is currently safe and still under team control. While working with the MetaMask team to resolve the issue, the warning can be temporarily ignored.

Odaily News Sky announced on the X platform that last week it used 1.39 million USDS to repurchase 16.55 million SKY, bringing the total repurchased amount of SKY to 1.11 billion, which accounts for approximately 3.28% of the total supply.

Odaily News Infini co-founder Christine posted on the X platform stating that a project named "SolStorm" has rug pulled millions of dollars in private sale funds.

Odaily News Eric Balchunas, a senior ETF analyst at Bloomberg, stated in a post on the X platform that BlackRock's Bitcoin ETF IBIT and Ethereum ETF ETHA have both made it to the top three in monthly fund inflows in US stock ETFs (with a total of about 4,432 ETFs). This situation has actually been the case for most of 2024, and it was previously said to be "Beta with a side of Bitcoin"; going forward, ETH may also need to be included.

Base protocol lead Jesse Pollak publicly shared three commonly used transaction Addresses on X, which are his new smart Wallet, Zora smart Wallet, and old EOA Wallet, to enable the community to track his on-chain behavior.

Bitcoin (BTC) has rebounded from the weekend's low, currently reported at around 114,685 USD, but it still has not been able to return to near the historical high of 123,000 USD. The U.S. trade representative stated that a new round of tariffs imposed on multiple countries is "basically determined," and the U.S. Treasury Secretary hinted that the U.S. and China are about to reach a tariff agreement. Arkham claims to have traced the hacking attack on China's Bitcoin network, with losses amounting to 3.5 billion USD.

Odaily News Satoshigallery published an article on the X platform stating that the Satoshi Nakamoto sculpture has been found and expressed gratitude to the Lugano city government. It is reported that the sculpture was thrown into a nearby lake.

FTX creditor Sunil published the main timeline of the SBF case on the X platform: found guilty on 7 counts and sentenced to 25 years in prison, with the subsequent appeal and hearing arrangements scheduled to start on November 3, 2025, for a one-week hearing.

On August 3rd, the account @a on platform X updated its information to be the humanoid companion Ani from Musk's xAI, but the connection to xAI is not obvious. The Meme coin Ani on the Solana blockchain has a market capitalization exceeding $47 million, with a current rise of 62.13%.

Odaily News Satoshi Nakamoto statue planner Satoshigallery posted on the X platform stating: they will offer 0.1 BTC to anyone who helps us recover the Satoshi Nakamoto statue stolen yesterday in Lugano. Satoshigallery called out to the thief: "You can steal our symbol, but you can never steal our soul." The Satoshigallery team stated they will work together to place this statue in 21 locations around the world.

ChainCatcher news, the Bitcoin staking platform SatLayer announced on platform X that the Airdrop sign up for SlayDrop is now open, with a deadline of August 9 at 9 PM.

Golden Finance reports that Musk stated on the X platform, "Promoting a specific product, Grok can now recommend that product based on people's known interests and provide a simple purchasing method." In addition, Musk also mentioned that it is still in the beta version, so there are many areas that need improvement.

Odaily News ChatGPT founder Sam Altman stated on the X platform that new models, new products, and new features may be launched in the coming months. However, there may be some minor issues and capacity crises during this period. Although there may be some instability, the market should be able to accept the upcoming new products.

Gate News bot message, Elon Musk revealed that the previously believed-deleted Vine video archive has been recovered. The Tesla CEO stated that his team is currently working to restore user access to these archives, allowing users to post their old Vine content. Additionally, Musk mentioned "Grok Im

Golden Finance reported that the ether.fi foundation announced on the X platform that it has used 54 ETH in revenue (worth approximately $190,000) to purchase 194,000 ETHFI this week.

PANews August 2 news, on-chain analyst Yu Jin posted on X platform stating that the "insider whale" has already realized 6.41 million dollars in unrealized gains since opening the short order early yesterday morning. Currently, he holds short orders for four tokens: BTC, ETH, XRP, and SOL, with the number of short orders established in the sequence of 1, 2, 3, and 4: 1111 BTC, 22222 ETH, 3 million XRP, and 44444 million SOL.

PANews August 2 news, Trump’s second son Eric Trump reposted his tweet from the market's low point on February 25 on the X platform, stating: "Once again, Buy the Dips on BTC and ETH."

According to a report by Golden Finance, the trading information from the NFT aggregation market OpenSea shows that the "Bored Ape" NFT series Ape7940 has been sold for 666 WETH, worth approximately $2,349,861.17. Yuga Labs co-founder Garga.eth confirmed this message on the X platform.

The Whale "The White Whale" revealed that after the big dump in the market, it held about 5 million stablecoins in CEX, but the withdrawal was not processed, leading to the abandonment of some SOL long positions to preserve other accounts, ultimately missing the get on board opportunity and losing nearly 20 million dollars in profit.

Jinse Finance reported that the tokenized asset issuer Securitize announced on platform X that the BlackRock BUIDL fund has paid over $62.5 million in dividends to date, with the dividend payout in July reaching $9.3 million. It is currently available on seven blockchains: Aptos, Arbitrum, Avax, Ethereum, Optimism, Polygon, and Solana, among which the average daily dividend distribution on the Aptos blockchain has reached $157,170.

According to on-chain data analyst Yu Jin's monitoring, an investor named "Four Wars $ETH 75% Win Rate Whale" shorted 20,000 ETH again at $3,535 three hours ago, currently having unrealized gains of $7.5 million, with a total short position of 40,000 ETH, and a total position value of $140 million.

PANews, August 1st news - Bloomberg ETF analyst Eric Balchunas stated on the X platform that in July, US Crypto Assets ETFs attracted $12.8 billion, setting a record for the best single month in history, with funds being attracted at a rate of $600 million per day, which is about twice the average level. Overall, the amount attracted exceeded that of any single ETF, even the strong VOO could hardly reach it. Moreover, every ETF in this category (excluding converted trusts) had inflows, with contributions from Bitcoin and Ethereum being comparable.

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."

According to BlockBeats news, on August 1st, TRON founder Justin Sun posted on the X platform stating, "I have moved into the astronaut village to start space training." Previously reported, Justin Sun will complete a space flight on August 3rd aboard a Blue Origin spacecraft.

Lido released a security disclosure on the X platform, reporting and fixing vulnerabilities related to CSM and validator withdrawal contracts. The vulnerability was not exploited, and CSM nodes and stETH holders were not affected. The fix was implemented by disabling the bond destruction feature and through a DAO voting proposal, and a bounty was paid to the white hat hacker who reported the issue.

Odaily News The CEO of Japan's listed company Metaplanet, Simon Gerovich, stated in a post on the X platform that the company has submitted a suspension registration statement to regulatory authorities, planning to issue up to 555 billion yen in perpetual preferred shares to support its capital structure and strategic expansion.

The price of Bitcoin (BTC) has further retraced, currently reported at around 114,950 USD during the Asian session today (1). Before the deadline, U.S. President Trump announced to maintain a 10% global minimum tariff, determining that the tariff rates for several trade partners range from 10% to 41%. The U.S. Securities and Exchange Commission (SEC) launched the "encryption plan" to rewrite digital asset regulations. Strategy announced a plan to issue 4.2 billion USD in STRC stocks, which will be used for Bitcoin acquisition and more.

According to on-chain data analysis, insider trader @qwatio transferred 2.98 million USDC to Hyperliquid on August 1, opening short orders for BTC and ETH, and has currently realized 1.9 million dollars in unrealized gains. This fund is its last principal, currently holding 40x short 1111 BTC and 25x short 4141 ETH, facing liquidation risk.

Golden Finance reported that Bloomberg ETF senior analyst Eric Balchunas posted on the X platform that the number of investors in BlackRock's Bitcoin exchange-traded fund IBIT is around 1 million, with an investment amount reaching $87 billion, of which 75% are new clients of BlackRock, and 27% of investors purchased another iShares ETF after buying IBIT.

PANews reported on July 31 that the stablecoin issuer Paxos announced on the X platform today that Visa will support USDG and PYUSD issued by Paxos in its stablecoin Settlement services.

PANews July 31 news, Whale Alert stated on platform X that according to its research, two transactions of 50 BTC from dormant addresses earlier today were mined at the end of Satoshi Nakamoto's active period (around Block 54316). However, it is very unlikely that these blocks were mined by Satoshi Nakamoto. A complete list of blocks that Satoshi Nakamoto may have mined will be released soon.

Golden Finance reports that the blockchain gaming guild Zentry (formerly GuildFi) has disclosed its strategic Ethereum reserve data on platform X, stating that it currently holds over 12,000 ETH and will subsequently promote ETH as the core of its treasury, holding ETH in every cycle.

BlockBeats news, on July 31, Letsbonk.fun founder Tom posted on the X platform stating that the key update release time users have been waiting for has experienced some latency compared to expectations, due to encountering issues and interference from multiple parties. The team has made significant progress, and will prioritize ensuring that the technical aspects meet standards before entering the next rise stage.

PANews reported on July 31 that Nick Tomaino, founder of 1confirmation, stated in a post on the X platform that the 1confirmation NFT Fund is currently the largest institutional buyer of NFTs in the industry, but this position may soon change. Meanwhile, the fund still has a large amount of capital that has not yet been deployed in the market.

Justin Sun announced that he will take a flight on Blue Origin's New Shepard to space on August 3, 2025, becoming the youngest Chinese astronaut. He purchased this seat for $28 million in 2021 and donated to support global youth STEM education.

Canadian cybercriminal Cameron Albert Redman has been sentenced to one year in prison for social media account hijacking fraud. He and his accomplices used hacker techniques to deceive users into granting permissions, stealing NFTs and Crypto Assets, with more than 200 victims and illegal profits reaching $794,000.

Bitcoin (BTC) price has experienced significant fluctuation, currently reported at around 118,310 USD today (30), having fallen to a low of 115,796 USD last night. The Federal Reserve (FED) has maintained the interest rate at 4.25%-4.50%, and Chairman Powell has reduced the likelihood of a rate cut in September. The White House has released a digital asset report, with no substantial updates on the Bitcoin reserve plan.

OpenSea user Pransky stated that if SEA fails to bring substantial wealth, it will be considered a failure. He holds a cautious attitude towards success, believing that NFT projects lacking long-term plans will ultimately fail. The OpenSea team, when evaluating potential Airdrops, takes users' historical participation as an important reference.

Golden Finance reported that the Ethereum L2 network Mantle disclosed its Ethereum reserve data in a post on the X platform. As of now, the Holdings of ETH and mETH stand at 101,867 coins, valued at approximately $388 million. Mantle claims it is currently the Web3 entity with the largest open interest in the ETH treasury, supporting the promotion of Decentralization and on-chain financial currency layers.

Gate News bot message, Multicoin Capital partner Kyle Samani expressed his views on social platform X, pointing out that the biggest problem facing content coins is Liquidity fragmentation. Samani believes that while creator coins have potential, one existing problem is that each creator holds too many content coins. This situation leads to a lack of motivation for creators to effectively guide user attention, and attention is precisely the most scarce asset. This viewpoint has sparked industry reflection on the future development direction of content coins.

ChainCatcher news, Multicoin Capital partner Kyle Samani stated in a post on X that the biggest problem with content coins is liquidity fragmentation, and creator coins might work. However, each creator has too many content coins, which means that even creators have no incentive to intelligently direct attention. And attention is the most scarce asset.

Odaily News ethdigitaloil.com research report shows that considering the comprehensive factors such as oil, gold, and global currency market capitalization, the market capitalization of ETH may reach 850 trillion dollars, and the expected future price of a single ETH will reach 706,000 dollars. Previously, ETH reserve-listed company Bitmine officially stated on the X platform that it invited multiple research institutions to assess the "reset value" of Ethereum (Wall Street valuation), estimating the value to be 60,000 dollars.

Declan Fox, the project leader of Linea, stated that the LINEA Token economic model has been clarified, the Airdrop at the time of TGE has completed the Snapshot, all Sybil Attack filters have been completed, and the Airdrop funds do not involve CEX listings and do not flow to the team or investors. The initial circulation is approximately 22%, with 9% allocated for the Airdrop and 80% for buybacks.

The White House has delayed the nomination vote for Brian Quintenz as CFTC chairman for unspecified reasons, with internal speculation related to concerns over the voting process and lobbying by the futures association, causing unease among industry insiders.

Odaily News 10 x Research released an analysis on the X platform, stating that despite Bitcoin's strong performance this year, market momentum is weakening as it enters the historically weakest seasonal cycle. Its seasonal model has accurately predicted the market trend for five consecutive months, and warning signals have now appeared. Factors such as slowing capital inflows, weakening on-chain data, and a lack of new catalysts may lead the market into a new phase or force overly optimistic price expectations to adjust.