8.19 Morning Report

1. BTC has been going around in circles, and in the end, it was brought down by ETH in the morning, with the rebound also following ETH.

2. ETH is undoubtedly the leader of this wave, driving the entire market along, and even BTC cannot stand alone.

3. The on-chain activities of SOL have become dull, and with the platform wars reaching this point, the direct wealth effect has been suspended;

4. The meme coin launch platform battle has reversed again. At the moment LetsBonk collapsed, Pump took the lead, and its market share exceeded 90% once more.

5. After Trump signed the GENIUS stablecoin bill into law, the U.S. Treasury Department issued a public request for comments on illegal activities;

6. Hackers use fake CAPTCHA to spread Lumma Stealer to steal cryptocurrency wallets;

7. Zhongjin: The Federal Reserve will remain cautious in its interest rate cut decisions and will not make significant cuts.

8. Bitdeer’s mining revenue increased by 43% in the second quarter, with Bitcoin holdings rising to $175 million;

9. Relax financing restrictions, Strategy Inc. allows the issuance of common stock below the premium threshold, should ATM also be opened?

10. The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the Bitcoin and Ethereum ETFs and the XRP and Litecoin funds for Truth Social;

The trading strategy of exchanges, especially for altcoins, can only chase highs. You can't really buy the dip, especially since you can't do catch-up. This rhythm has been all about catch-up for a lifetime. #Gate七月透明度报告发布# #BTC ETF持仓破1530亿美元# #美联储终止新型活动监管# #BTC# #ETH#