higher

Currently, institutions hold 17.9% of the total market capitalization of HYPE, which is the highest proportion among Bitcoin, Ethereum, and Solana.

CoinDesk reported that Robinhood Chain's daily revenue dropped 87% from its peak on September 4, to $1.06 million. The decline was not due to a decrease in activity, but rather higher capacity reduced congestion fees.During the same period, DEX trading volume approached $2 billion, and active addresses increased by 16.5%.

Zach Pandl, the research director at Grayscale, pointed out that Zcash, as a Bitcoin-like digital currency with privacy features, currently has lucrative mining profits. Although Bitcoin network miners earn about $35 million daily, far exceeding Zcash's approximately $2 million, the daily revenue per mining machine for Zcash is about twice that of Bitcoin, with revenue per megawatt-hour approximately four times that of Bitcoin, even surpassing some AI/high-performance computing cloud services.Driven by the strong performance of token prices, Zcash's overall mining activity has increased more than 2.5 times this year, forming a virtuous cycle of "price increase --- mining increase --- network security enhancement --- supporting price." Pandl believes that at the current valuation, Zcash mining remains attractive and continues to strengthen its network security.

According to Gate market data, U.S. stocks opened with the Dow Jones Industrial Average rising over 1%, the S&P 500 index up 0.8%, and the Nasdaq up 0.8%. Oracle rose over 7%, with its first-quarter revenue and profit exceeding expectations, Intel rose over 1%, and SK Hynix rose 1.5%.

Arbitrum's investment strategy director Brendan Ma stated: Arbitrum's weekly revenue has risen to third globally, with treasury revenue exceeding 4.3 million dollars in the past 30 days, of which over 50% came from the previous week. Revenue in Q3 to date is approximately 140% higher than Q2, with sources including Arbitrum One transaction fees, Robinhood Chain AEP licensing fees, and treasury income.Arbitrum leads in the number of RWA deployments, exceeding 4,500, with AUM reaching 1 billion dollars. The 30-day transaction volume grew by 124% to 395 billion dollars, and tokenized stocks doubled to over 200 million dollars. Arbitrum One's cumulative transaction volume exceeded 2.8 billion transactions, with Chain GDP reaching 1.8 billion dollars, a year-on-year increase of 22%, and perpetual contract positions peaking at 1.8 billion dollars.In terms of the ecosystem, Carbon's cumulative transaction volume exceeded 100 million dollars, T3tris TVL reached 13.4 million dollars, and USD.AI TVL reached 500 million dollars. Venmo, Stripe, Shopify, and Cash App have supported USDC or PYUSD-related functionalities on Arbitrum.

BTC OG insider whale agent Garrett Jin posted on the X platform stating that BTC has held the critical price level of $76,600. If BTC further rises above $79,000, the price may attempt to form a higher high.However, even if BTC forms a higher high, it is still not enough to confirm that a true breakout has occurred in the market.

Bitget CFD Chief Analyst Lewis Huang stated that the hawkish remarks made by Powell at the Jackson Hole global central bank conference have shifted the market's focus from whether there will be a rate hike in September to the possibility that the Federal Reserve may maintain high interest rates for a longer period before inflation clearly falls back to the 2% target, and even retain the option for further tightening of policies.Lewis Huang pointed out that if subsequent CPI, PCE, and employment data continue to be strong, the U.S. 2-year Treasury yield and the dollar index may remain strong, putting continued pressure on gold from the dual forces of rising real interest rates and a strengthening dollar, which may also amplify the volatility of high-valuation tech stocks like the Nasdaq 100.Conversely, if inflation significantly cools and the labor market weakens, the market may lower its rate hike expectations, leading to a decline in the dollar and U.S. Treasury yields, providing support for gold and growth stocks.He added that besides the Federal Reserve's policy statements, traders should also pay attention to whether the U.S. 10-year Treasury yield is influenced by factors such as fiscal deficits, Treasury supply, and rising term premiums.Before and after the release of major data, it is recommended to moderately control leverage and assess market direction based on the interrelationship between the dollar, U.S. Treasury yields, gold, and stock indices.

According to Gate market data, on August 28, both the Hang Seng Index and the Hang Seng Tech Index rose in the morning session. By the midday close, the Hang Seng Index was up 0.47%, and the Hang Seng Tech Index was up 0.6%.Hong Kong stock telecommunications infrastructure concept stocks led the gains, with Junzhi Group and Huanlian Lianxun rising over 4%, and Zhongji Xuchuang rising over 3%. Domestic property stocks collectively rose, with Xuhui Holdings Group and Sunac China rising more than 5%.

According to Gate market data, after-hours trading on Wednesday for U.S. stocks saw Nvidia's new quarterly results continue to exceed market expectations, with a forecast of approximately 70% sales growth for the next fiscal year, driving AI concept stocks higher in after-hours trading.The storage sector collectively strengthened, with SK Hynix rising 4.48%, SanDisk up 3.71%, Micron Technology up 3.67%, Seagate Technology up 3.15%, and Western Digital up 3.11%. The Neocloud sector saw widespread gains, with Nebius up 6.27%, CoreWeave up 4.76%, Applied Digital up 3.26%, and both IREN and Core Scientific up 3.16%.Optical communication stocks rose across the board, with Applied Optoelectronics up 4.25%, Marvell Technology up 4.08%, Credo up 3.78%, Coherent up 3.35%, and Astera Labs up 3.34%. Semiconductor stocks also strengthened, with Arm up 4.18%, Marvell Technology and Nvidia both up 4.08%, Lam Research up 2.65%, and KLA up 2.42%.

European Central Bank (ECB) Executive Board member Piero Cipollone stated in a recent interview that the digital euro will provide stronger privacy protection than regular bank transfers. He pointed out that the euro system is structurally unable to associate specific individuals with their digital euro transactions, whether online or offline.Cipollone stated that offline payments will be conducted entirely directly between individuals, with transaction details visible only to the payer and payee, equivalent to cash transactions; only banks participating in online transactions will be able to identify user identities, and this will only be used for anti-money laundering purposes. He also refuted concerns that the digital euro would replace physical cash, citing the ECB's recent public consultation on the design of the new euro banknotes as an example, stating, "If institutions intend to eliminate cash, it makes no sense to do so."Cipollone's remarks come at a time when public opposition to the digital euro is rising. Civil society groups such as the Austrian digital rights organization Epicenter.works warned in a joint statement earlier this month that the privacy protections of the digital euro "over-rely on institutional commitments rather than technical execution," and that legislative commitments may be weakened in implementation, reinterpreted in court, or even broken. The digital euro regulation was approved by the European Parliament last month, with plans to launch in 2029. ECB President Lagarde previously stated that the digital euro will coexist with physical cash.

According to Gate market data, the Dow Jones Industrial Average closed up 160.07 points on August 25, an increase of 0.3%, at 53,577.23 points; the S&P 500 index rose by 24.36 points, an increase of 0.32%, at 7,677.22 points; the Nasdaq Composite index increased by 171.11 points, an increase of 0.66%, at 26,151.3 points.

According to Gate market data, U.S. stocks opened higher, with the three major indices rising: the Dow Jones up 0.36%, the S&P 500 up 0.35%, and the Nasdaq up 0.65%.The storage concept rebounded, with SanDisk (SNDK.O) rising about 3% and SK Hynix (SKHY.O) also rising about 3%. Alibaba (BABA.N) fell 0.6%, while Jack Ma and Joe Tsai continuously increased their holdings.

According to Gate market data, the Dow Jones Industrial Average opened up 275.18 points on August 21, an increase of 0.52%, reporting at 53,034.39 points; the S&P 500 opened up 29.9 points, an increase of 0.39%, reporting at 7,671.56 points; the Nasdaq Composite opened up 108.98 points, an increase of 0.42%, reporting at 26,176.14 points.

Glassnode stated that high-conviction buyers have been continuously accumulating BTC since January of this year, a similar accumulation behavior was observed in 2022. It is worth noting that in this cycle, the proportion of BTC purchased by these buyers has already surpassed that of the previous cycle.

According to Gate market data, the Dow Jones Index opened up 179.12 points on August 19, an increase of 0.34%, reporting at 53,522.52 points; the S&P 500 Index opened up 33.11 points, an increase of 0.43%, reporting at 7,725.08 points; the Nasdaq Composite Index opened up 106.33 points, an increase of 0.4%, reporting at 26,396.04 points.

According to Gate market data, spot gold opened slightly higher on Monday, reporting at $4,380.58 per ounce. WTI crude oil opened higher, reporting at $81.66 per barrel.

The number of initial jobless claims in the United States for the week ending August 8 was 209,000, the highest since the week of July 11, with an expectation of 202,000, and the previous value revised from 199,000 to 200,000.The number of continuing jobless claims in the United States for the week ending August 1 was 1.777 million, lower than the expected 1.795 million, and the previous value revised from 1.801 million to 1.799 million.

According to Gate market data, the Nikkei 225 index closed up 784.53 points on August 13, an increase of 1.16%, reporting at 68,308.59 points.The South Korean KOSPI index also closed up 210.97 points on the same day, an increase of 3.21%, reporting at 6,790.01 points, with SK Hynix rising 5.9% and Samsung Electronics rising 3.9%.

According to Gate market data, the Hang Seng Index opened lower and then rose sharply this morning. After opening more than 150 points down in the early session, it surged back, recovering losses and turning positive. As of the midday close, the Hang Seng Index rose by 0.07%, reporting at 25,457.33 points, while the Tech Index rose by 0.3%, reporting at 4,790.56 points. The total market turnover reached HKD 132.028 billion, with strong performance in the computing hardware sector. In terms of individual stocks, Cambridge Technology rose by 15.37%, and Shengbang Technology rose by 7.69%.

According to Gate market data, on August 12 (Wednesday), the Dow Jones Index opened up 14.5 points, an increase of 0.03%, reporting 53,806.35 points; the S&P 500 Index rose 27.19 points, an increase of 0.35%, reporting 7,755.28 points; the Nasdaq Composite Index increased by 189.14 points, an increase of 0.71%, reporting 26,634.59 points.