Matrixport released a weekly report analysis stating, "The market has recently entered a correction phase, with Bitcoin's momentum weakening, and funding and trading activity cooling off in sync. Trading volume is shrinking, funding rates are staying low, and market structure is becoming looser.

according to the chain data tracking service WhaleAlert, around 15:28 Beijing time in the morning, 579 BTC (worth about $67,713,239) was transferred from Kraken to an unknown wallet.

WiseBee, a New York-based artificial intelligence network security platform provider, has announced the completion of a $2.5 million seed round of financing, led by Frontline Ventures and BrightCap Ventures. The company plans to use this funding to expand its artificial intelligence network defense platform. This round of financing also received support from strategic advisors, including chief information security officers and engineers from SecurityScorecard, VMWare, Box, Amazon, Deloitte, Verizon, and Google.

On August 8th, affected by the launch of Bithumb, TREE briefly rose to $0.499, an increase of 17%, currently trading at $0.46.

according to an official announcement, the UK listed company The Smarter Web Company increased its holdings of 50 bitcoins, with a total holding of 2100 bitcoins.

 according to official sources, Binance Alpha is the first platform to launch Sidekick (K), and Alpha trading will start at 15:00 on August 8, 2025 (UTC+8). Eligible users can use Alpha points to claim 250 K tokens airdropped on the Alpha event page within 24 hours after the trading starts. The Binance Alpha airdrop will be distributed in two phases: Phase 1 (first 18 hours): Users holding at least 233 Alpha points can claim. Phase 2 (last 6 hours): Users holding at least 200 Alpha points can participate in the second phase airdrop on a first-come, first-served basis. If the event is not over, the score threshold will automatically decrease by 15 points per hour. Claiming the airdrop will consume 15 Binance Alpha points. Users must confirm the claim on the Alpha event page within 24 hours, otherwise, it will be considered as giving up the airdrop.

economist and cryptocurrency critic Peter Schiff tweeted that most Americans do not have enough savings to support their retirement. Trump allowing Americans to use the little retirement savings they have in their 401(k) accounts to invest in Bitcoin and other cryptocurrencies will only make this problem worse.

Ethereum's market value has surpassed ExxonMobil.

the White House stated that President Trump is about to make a "major" statement on economic issues.

according to an official announcement, the US-listed company Worksport (WKSP) announced that its Bitcoin reserves have doubled compared to December last year. Since the first purchase of cryptocurrency, its existing digital asset portfolio - including Bitcoin and XRP - has increased in value by about 15%.

7:00-12:00 Keywords: Ethereum market value, Vitalik, Standard Chartered Bank

according to the official announcement, Bithumb has added Treehouse (TREE) Korean won market.

the cybersecurity company Koi Security stated that a malicious operation stole over $1 million in cryptocurrency through hundreds of browser extensions, websites, and malware, using three different attack methods. Koi Security researcher Tuval Admoni said on Thursday that the company named this malicious group "GreedyBear," who "redefined industrial-scale cryptocurrency theft."

according to Bitcoin Magazine, Sazmining announced that it has become the first mining-as-a-service company to integrate the Square payment platform, providing customers with a faster and more reliable way to purchase mining hardware and services. This integration supports credit cards, debit cards, ApplePay, GooglePay, CashAppPay, ACH, as well as Bitcoin, Lightning Network, Tether, and wire transfer payments.

stablecoin payment infrastructure company Blindpay announced the completion of a $3.3 million seed round of financing, with participation from Y Combinator, 468 Capital, Bitso, Transpose VC, Acacia Venture Capital Partners, and YouTube co-founder Jawed Karim, among others. The new funds are intended to support the construction of a global payment infrastructure based on stablecoins, providing tools for enterprises to facilitate cross-border transfers, compliance management, and rapid opening of virtual U.S. accounts.

S&P Global has given a "B-" credit rating to USDS issuer Sky Protocol. According to Sky, this is the first time this rating agency has issued a credit rating for a stablecoin system. According to the official S&P website, a B rating means that the entity is more susceptible to adverse business, financial, and economic conditions, but currently still has the ability to fulfill financial obligations.

the XRPfi protocol Doppler Finance stated in a post that it has raised $3 million in a seed round of financing led by Reforge, with investors including Flowdesk, Auros, CRIT Ventures, HashKey Capital, Keyrock, Digital Currency Group, Tenity, GSR Ventures, G-20 Group, Maven 11, CMCC Global, Cluster Capital, and others.

David Marcus, former head of the Facebook stablecoin project, stated on 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 TraderT monitoring, the net inflow of Ethereum ETF in the United States was 1.1883 billion US dollars yesterday.