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Founder of Strategy, Michael Saylor, stated that Bitcoin integrates computers, digital networks, and cryptography to create the first digitally designed currency network in human history. It completely dematerializes monetary assets, with supply controlled by public protocols rather than decisions, transforming economic value into information that can be securely transmitted across global communication networks.Compared to gold, Bitcoin is harder to issue, easier to integrate with software, faster in transmission, and every participant has the incentive to maintain network security. The proof-of-work mechanism anchors it in the physical world, making the cost of altering history high by consuming real energy for ledger security, attracting miners, energy providers, and investors to collaboratively build a defense system. Bitcoin is digital gold, but understanding it as digital currency is more fitting.The Bitcoin network is not static software; it is an adaptive system composed of miners, nodes, developers, capital, and users. Bitcoin deliberately maintains simplicity in functionality, focusing solely on maintaining a secure and reliable ledger of scarce digital assets, leaving complexity to upper-layer applications. This layered design of underlying integrity and upper-layer functionality allows it to serve as a foundation for transmitting monetary energy across time and space while supporting continuous innovation in payments, credit, and financial services.The more profound impact is that Bitcoin creates a new form of digital sovereignty: private keys empower individuals to control economic energy without permission, with ownership verified by mathematics rather than institutions. Companies, banks, trusts, and applications can build a complete economic system around it, and social networks can introduce real costs and responsibilities into the digital space. Gold monetized physical scarcity, while Bitcoin monetizes digital scarcity. It is not merely a payment tool but an engineering solution to humanity's challenges in energy preservation and guidance—currency is energy, and Bitcoin is the currency energy of the digital age.

According to a report by the Korean News Agency, South Korean virtual asset exchange Bithumb disclosed a net loss of 21.8 billion won in the second quarter of 2026, turning from a net profit of 22 billion won in the same period last year to a loss, but narrowing from a net loss of 86.9 billion won in the previous quarter. Revenue for the quarter was 86.3 billion won, a year-on-year decrease of 35.8%; operating profit was 12.1 billion won, a year-on-year decrease of 44%.In the first half of the year, the total net loss was 108.7 billion won, turning from a net profit of 55 billion won in the same period last year to a loss; revenue for the first half was 168.8 billion won, a year-on-year decrease of 48.7%; operating profit was 14.9 billion won, a year-on-year decrease of 83.4%. Bithumb stated that the performance reflects factors such as virtual asset valuation losses and will respond to market changes, strengthen internal capabilities, and enhance service competitiveness to build a foundation for sustainable growth.

Lido tweeted that the NEST automated LDO buyback mechanism has been launched on the mainnet. NEST is a rules-based LDO buyback mechanism, where 50% of the surplus will automatically buy LDO through CoW Swap when the DAO's staking income exceeds the baseline of 40 million USD.If the income in a certain period does not meet the baseline, the corresponding gap will be accounted for in subsequent calculations and must be made up by new surplus before purchases can resume. The daily purchase limit is 50,000 USD, and the annual limit is 10 million USD, with all purchased LDO belonging to the DAO.

Solana Company (Nasdaq: HSDT) announced its financial data for the second quarter of 2026. The revenue for the quarter was $2.5 million, primarily from the 31,200 SOL rewards obtained through staking during the quarter; the net loss was $30.3 million.As of June 30, the company's total assets were $176.1 million, which included approximately $147.3 million in related assets. Solana Company is a publicly traded company associated with the Solana ecosystem in the open market, and its performance is significantly affected by SOL staking yields and fluctuations in the value of its holdings.

According to SoSoValue data, yesterday (Eastern Time August 14), the total net outflow of Bitcoin spot ETFs was $57.6322 million.The Bitcoin spot ETF with the highest single-day net inflow yesterday was Bitwise ETF BITB, with a single-day net inflow of $6.1385 million. Currently, BITB's historical total net inflow has reached $2.003 billion.The Bitcoin spot ETF with the highest single-day net outflow yesterday was Blackrock ETF IBIT, with a single-day net outflow of $55.5095 million. Currently, IBIT's historical total net inflow has reached $61.096 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $76.607 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.07%. The historical cumulative net inflow has reached $51.788 billion.

According to Coinglass data, Binance has seen a net inflow of 288 million USDT in the past 24 hours.

Zach Pandl, the head of research at Grayscale, posted on the X platform comparing Ethereum to a "small country" and discussed the ETH issuance mechanism. He believes that Ethereum has only one core "government function": to protect property rights and value exchange within the system. Unlike traditional countries that provide public services through taxation, Ethereum primarily funds network security through "seigniorage," which is the issuance of new ETH.In this framework, the stakers responsible for maintaining network security are akin to a group providing public services, as they receive rewards through newly issued ETH. Therefore, Ethereum's staking mechanism and ETH issuance policy essentially constitute the network's fiscal and monetary policy. Zach Pandl pointed out that the Ethereum community needs to decide how much "new currency" should be used to cover network security costs. More security typically means stronger protection of property rights, but at the cost of a higher ETH issuance rate and potential other risks.For example, if network security increasingly relies on a few large staking service providers, there remains room for discussion about whether these providers can maintain the asset rights of all users completely neutrally. Pandl believes that, just as in traditional economies, no one knows the "optimal level" of government spending and currency issuance; the same applies to Ethereum. However, Ethereum has several key security thresholds, including: 1/3: an attacker reaching this ratio may affect finality; 1/2: affects blockchain fork choice; 2/3: can control the finality process. Some community members believe that the design of Ethereum's monetary and fiscal policy should consider the security trade-offs brought by these key ratios, while the current mechanism has not adequately incorporated these factors. However, the above analogy is not entirely accurate, as it does not yet involve other important factors such as the ETH burn mechanism, MEV, governance, etc.

According to monitoring by Lookonchain, wallets related to the fund Monetalis are suspected of asset rotation operations. The Monetalis associated wallet sold approximately 3.72 million UNI through Cumberland, worth about 13 million USD, and then purchased 171,543 HYPE, worth about 9.56 million USD.It is currently unclear whether this transaction represents a formal adjustment of the fund's position, but on-chain data shows that its capital flow has shifted from UNI to HYPE.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $166 million, with long positions liquidated at $96.4261 million and short positions liquidated at $69.1273 million. Among them, Bitcoin long positions were liquidated at $26.8053 million, Bitcoin short positions at $3.965 million, Ethereum long positions at $11.3938 million, and Ethereum short positions at $3.7955 million.In addition, in the last 24 hours, a total of 88,830 people were liquidated globally, with the largest single liquidation occurring on Binance - SNDKUSDT worth $2.0559 million.

According to HyperliquidNews monitoring, TradeXYZ has purchased CRWD, NET, and IREN three HIP-3 trading codes with 500 HYPE each, with each trading code valued at approximately $27,800, totaling 1500 HYPE, valued at approximately $83,300.

According to Coinglass data, Binance had a net inflow of 249 million USDT in the past 24 hours.

Netflix announced that the series "The Altruists," inspired by the rise and fall of FTX founder SBF and former Alameda Research CEO Caroline Ellison, will premiere on November 19, and the first stills have been released.The series consists of 8 episodes, with Anthony Boyle portraying SBF and Julia Garner playing Caroline Ellison. In the plot summary, Netflix describes the story of two young idealists attempting to rapidly reshape the global financial system, only to be accused of stealing $8 billion and ultimately falling from the peak of financial power."The Altruists" is created by Graham Moore, inspired by related articles from New York Magazine reporters Kevin T. Dugan and Jen Wieczner. Barack Obama and Michelle Obama also serve as executive producers for the series.

According to Coinglass data, Binance had a net inflow of 57,877,900 USDT in the past hour.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $236 million, with long positions liquidated at $129 million and short positions liquidated at $107 million. Among them, Bitcoin long positions were liquidated at $51.8932 million, Bitcoin short positions at $6.0097 million, Ethereum long positions at $24.4674 million, and Ethereum short positions at $7.2829 million.In addition, in the last 24 hours, a total of 74,842 people were liquidated globally, with the largest single liquidation occurring on Binance - SNDKUSDT worth $2.0559 million.

According to CoinDesk, the index provider MSCI has launched a new round of consultations, proposing to exclude so-called "non-operating companies" from its Global Investable Market Indexes. This classification will no longer use the proportion of crypto assets as the sole threshold but will adopt a two-step screening process: first, it will check whether operating assets exceed 50% of total assets; those that do not pass will then be assessed based on five financial ratios: operating asset intensity, expense intensity, cash flow, fair value intensity, and capital dependence. If at least four of these do not meet the standards, they will not qualify for inclusion.If the current data is applied to the MSCI ACWI IMI Index, Bitcoin-holding companies Strategy (MSTR), Metaplanet (3350), and uranium holder Yellow Cake will be excluded. Strategy has cumulatively held approximately 840,400 BTC since 2020, while Metaplanet holds about 43,000 BTC. MSCI's description of "non-operating companies" refers to businesses that create value by accumulating and holding non-operating assets, have limited operating cash flow, and rely on external financing for expansion.The consultation for collecting opinions will end on September 30, with results expected to be announced around October 16; even if approved, the related adjustments will not take effect until the index review in November 2026 at the earliest. Previously, a consultation in October 2025 regarding "digital asset treasury" companies, which set a standard of 50% for crypto asset proportion, had caused market fluctuations and industry opposition, ultimately being postponed.

Metaplanet CEO Simon Gerovich disclosed that the company's revenue for the first half of the fiscal year 2026 was 4.94 billion yen, a year-on-year increase of 134%; operating profit was 3.33 billion yen, a year-on-year increase of 136%; and net assets were 340.88 billion yen, a decrease of 25.7% compared to the end of the fiscal year 2025.

According to SoSoValue data, on August 13, Eastern Time, the total net inflow of Ethereum spot ETFs was $6.7169 million. The Ethereum spot ETF with the highest single-day net inflow was Grayscale Ethereum Trust ETF ETH, with a single-day net inflow of $6.4748 million, bringing the historical total net inflow for ETH to $1.819 billion.Following that is Morgan Stanley Ethereum Trust MSSE, with a single-day net inflow of $810,300, and the historical total net inflow for MSSE currently stands at $21.8789 million. The Ethereum spot ETF with the highest single-day net outflow was Blackrock ETF ETHA, with a single-day net outflow of $569,200, and the historical total net inflow for ETHA has reached $11.633 billion.As of the time of publication, the total net asset value of Ethereum spot ETFs is $10.572 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) of 4.64%, and the historical cumulative net inflow has reached $11.453 billion.

According to SoSoValue data, the total net outflow of Bitcoin spot ETFs is $131 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was Grayscale Bitcoin Trust ETF BTC, with a single-day net inflow of $38.9268 million, and the total historical net inflow of BTC has reached $2.739 billion. The second is Morgan Stanley ETF MSBT, with a single-day net inflow of $7.0806 million, and the total historical net inflow of MSBT has reached $436 million.The Bitcoin spot ETF with the highest single-day net outflow yesterday was the ETF ARKB from Ark Invest and 21Shares, with a single-day net outflow of $58.8155 million, and the total historical net inflow of ARKB has reached $1.277 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $77.271 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.07%, with a historical cumulative net inflow of $51.846 billion.

According to the official announcement, Bitget has launched the ANET (Arista Networks) stock perpetual contract. This contract is settled in USDT, supports up to 20 times leverage, and is available for trading 24/7. So far, Bitget supports a total of 272 stock perpetual contracts.

ChianCatcher news, cryptocurrency exchange Gemini announced its Q2 2026 financial report, with total revenue of $45.5 million, a year-on-year increase of 37%. Revenue from credit card operations surged 231% year-on-year to $16.2 million, helping to offset the impact of a 38% year-on-year decline in exchange business revenue to $12.5 million. Trading volume fell from $11.3 billion to $3.8 billion year-on-year. Forecast market trading volume nearly doubled quarter-on-quarter (up 93%), contributing $500,000 in revenue. The net loss for the quarter was $107.7 million, narrowing by 19% year-on-year.Gemini's stock price fell over 7% in after-hours trading. CEO Tyler Winklevoss stated that the company still has work to do, and the results for this quarter reflect ongoing efforts to reduce operating expenses and diversify revenue.