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CryptoQuant analyst Axel Adler Jr. stated that the supply of Bitcoin long-term holders (LTH) is currently 16.35 million BTC, which is only 58,000 BTC lower than the historical peak of 16.41 million BTC set on July 30, having increased by 1.38 million BTC in the past 90 days. Meanwhile, in the past 15 days, there were only 2 days when the LTH supply decreased, with the frequency of decline approaching the lowest level, indicating no significant selling pressure.In terms of price, Bitcoin is currently around $64,200, with the LTH cost basis at about $49,400, corresponding to 1.3 times. It has been in a lower risk zone between the LTH cost basis and 1.5 times ($74,100) for 78 consecutive days. If it breaks through $74,100, it will enter a normal risk zone; if it falls below $49,400, the overall LTH will fall into a loss. The analyst pointed out that the current supply structure is constructive, but it cannot yet confirm that demand is strong enough to drive a new round of increases.

According to Bloomberg, Alibaba has reached an agreement to sell its gaming business Lingxi Interactive Entertainment to the Asian private equity firm Trustar Capital, with the deal valued at least $1.5 billion. Lingxi Interactive Entertainment CEO Zhou Bingshu stated in an internal memo that this move aims to allow Alibaba to better focus on strategic priorities.Alibaba is accelerating its strategic transformation in AI and cloud computing, aiming for AI revenue to reach $100 billion within five years. This month, Alibaba released its largest AI model ever, claiming performance comparable to Anthropic. This sale is the latest initiative by Alibaba to divest non-core assets and focus on its AI strategy.

According to SoSoValue data, the cryptocurrency market sector showed mixed results, with Bitcoin (BTC) rising 1.57%, surpassing $64,000; Ethereum (ETH) increased by 0.42%, breaking through $1,900. The DeFi sector performed outstandingly, rising 1.06% in 24 hours, with Compound (COMP) up 8.92%, Morpho Token (MORPHO) up 5.30%, and Hyperliquid (HYPE) up 1.41%.In other sectors, the Layer1 sector rose 0.47% in 24 hours, with Zcash (ZEC) up 4.15%; the Layer2 sector increased by 0.46%, with Polygon (ex-MATIC) (POL) up 6.29%; the Meme sector rose 0.18%, with PIPPIN (PIPPIN) significantly up 16.38%; the PayFi sector increased by 0.01%, with SafePal (SFP) up 2.45%.Additionally, the CeFi sector fell by 0.13%, with OKB down 5.06%; the AI sector decreased by 3.42%, with Worldcoin (WLD) down 7.54%, and Velvet (VELVET) significantly down 43.90%.The cryptocurrency sector indices reflecting historical market trends show that the ssiMAG7, ssiDeFi, and ssiNFT indices rose by 1.43%, 1.06%, and 0.96%, respectively.

According to GMGN data, the meme coin "Niu Lai" on the BNB Chain reached a new market cap high of 49.2 million USD, and after failing to break through 50 million USD, it fell back to 36 million USD, experiencing a short-term pullback of 26%, with a 24-hour increase of 227% and a 24-hour trading volume of 37.7 million USD.

According to reports from Blue Whale Technology, Alibaba and CITIC have officially reached a transaction agreement, in which Alibaba will transfer its shares in Lingxi Interactive Entertainment, and Xincheng Capital will become the new shareholder. Xincheng Capital supports the existing team to operate stably under the leadership of the management team, which will remain stable and continue to develop alongside the company.Lingxi Interactive Entertainment is a gaming brand under Alibaba, and its gaming business can be traced back to the integration of the 9Game channel business after the acquisition of UC in 2014. In 2017, Alibaba fully acquired Guangzhou Jianyue for approximately 1 billion yuan, which later became the predecessor of Lingxi Interactive Entertainment. The self-developed game "Three Kingdoms Strategy Edition" became a top hit in the SLG category in 2019. Since 2023, Lingxi has undergone multiple adjustments, and in March 2024, founder Zhan Zhonghui stepped down as CEO, with producer Zhou Bingshu of "Three Kingdoms Strategy Edition" taking over.The new shareholder, Xincheng Capital, is a private equity investment business under CITIC Capital, which has completed over 100 investments since 2002, managing a total of 10.5 billion USD in funds. Lingxi Interactive Entertainment CEO Zhou Bingshu expressed gratitude in an internal letter, stating that Alibaba "nurtured and grew Lingxi," and that the new shareholder Xincheng Capital will "inject new momentum" into the company's development. The specific amount of the transaction has not yet been disclosed.

According to Onchain Lens monitoring, a certain whale deposited 984,600 LINK into Coinbase two hours ago, worth approximately 9.23 million USD, suspected to be for sale.This whale has accumulated about 2.41 million LINK from Binance over the past month and currently holds 1.43 million LINK, worth approximately 13.43 million USD, with an expected unrealized profit of 1.42 million USD.

CryptoQuant analyst Darkfost stated on the X platform that the inflow of XRP whale funds on the Binance platform has recently seen a significant decline, dropping to the lowest level since 2021 based on a 3-month average.Data shows that the current inflow of XRP whales to Binance is approximately $61 million, a substantial decrease compared to previous levels. In contrast, this metric reached $456 million in January 2025 and $355 million in October 2025, with the current level being about 6 to 8 times lower than before.Although XRP has been struggling to maintain the critical $1 price level recently, the inflow behavior of whale funds that previously preferred to conduct large transactions through Binance is decreasing. However, the net inflow of XRP remains positive at around $18.8 million, indicating that inflow funds still temporarily dominate.Darkfost pointed out that this trend is similar across the entire crypto market, with overall trading volume and fund inflows declining, which may reflect that selling pressure is easing, but new demand in the market has not yet shown a significant rebound. The cooling of whale trading activity is a positive signal for XRP, but it is still insufficient to confirm that the market has reversed, and it is too early to determine if XRP is starting a new upward trend.

Venture capital fund Team8 announced the completion of a new fundraise of $365 million. This round of fundraising includes $265 million for Team8 Capital's third fund, as well as over $100 million for follow-on investments in existing portfolio companies.The new fund will focus on investing in seed and Series A stage AI-native companies, covering areas such as cybersecurity, AI infrastructure, and fintech, with a particular emphasis on infrastructure projects that help businesses deploy AI while ensuring security, governance, and control capabilities. Team8 currently manages assets close to $2 billion.Previously, Team8 has co-invested in several cryptocurrency and AI companies, including cryptocurrency institutional wallet developer Curv, AI compliance platform IVIX, and AI data leak prevention company Jazz.

According to CNA, the Singapore Police Force (SPF) and the Cyber Security Agency of Singapore (CSA) reported that a cryptocurrency scam involving fake job postings and compromised software systems resulted in losses of $11.8 million.The scam group impersonated cryptocurrency company recruiters on LinkedIn, used forged domain names to send emails, conducted video interviews, and induced victims to download malware on company devices to complete "technical tests," thereby stealing session tokens, bypassing multi-factor authentication, and ultimately transferring cryptocurrency.

On the evening of August 14, the U.S. Securities and Exchange Commission (SEC) announced that the "Regulation Crypto" rule proposal meeting originally scheduled for August 15 was canceled due to "unforeseen scheduling issues," and a new meeting date has not yet been announced. This rule is seen as the SEC's first significant rule-making attempt in the digital asset space, expected to provide a limited exemption framework for crypto securities issuance, allowing issuers to advance projects without triggering full registration requirements, and potentially allowing for a gradual exit from SEC oversight in later stages.SEC Chairman Paul Atkins had previously identified this rule-making as one of the core components of the digital asset regulatory agenda. The industry had also anticipated that the SEC would simultaneously advance the "tokenized securities innovation exemption," but this matter is also facing delays. Meanwhile, the legislative process for the Senate's "Digital Asset Market Clarity Act" remains unresolved, with negotiations between both parties and the White House yet to reach a consensus on crossing the 60-vote threshold. The two regulatory paths for the crypto industry, administrative rule-making and legislative advancement, are currently at a standstill.

According to the Nikkei News, individual investors in the Japanese stock market are accelerating their use of leverage to bet on AI trends. As of July, the amount of credit trading by individual investors in the Japanese stock market reached 123 trillion yen (approximately 1.09 trillion yuan), doubling since the beginning of the year and reaching the highest level since related statistics began in 2016.Data shows that in June, the scale of credit trading by Japanese individual investors hit a historical high, and in July it continued to maintain a high level. At the same time, the proportion of credit trading in the overall trading amount of individual investors rose to 83%, also setting a new record.AI concept stocks have become the main driving force behind the surge in credit trading, among which the credit buy balance of AI storage concept stock Kioxia reached 13.23 million shares as of August 7, making it one of the popular targets.Benefiting from the recent rise in the Japanese stock market, the overall performance of leveraged investors has been decent. The floating yield of credit trading investors briefly turned positive in June, although it fell back to a loss of 8.4% by the end of July, it is still better than the average loss level of the past 10 years (-10.2%).

According to Cryptopolitan, cybersecurity company Malwarebytes discovered that a user on a cybercrime forum is selling a "scam toolkit" for $500, which can set up a fake $TSLA token presale website with almost no technical background required.The scam process is as follows: after visitors enter an X username, the page displays their real avatar to create the illusion of a "targeted invitation," combined with a countdown and price increase warnings to create a sense of urgency. If victims choose the "15% reward link wallet" option, they will be asked to enter a 12-word recovery phrase, resulting in their wallet being emptied; if they choose to "invest" directly, they must send cryptocurrency assets to an address controlled by the scammers, and then see a fabricated balance on a fake dashboard. The toolkit's control panel allows operators to track victims in real-time, collect recovery phrases, and check wallet balances in advance to decide whether to strike. Malwarebytes discovered this toolkit on May 16, and recently IRS and Ledger users have also encountered similar phishing attacks.

Federal Reserve spokesperson Nick Timiraos stated that the July inflation report was largely in line with market expectations, easing the pressure on the Federal Reserve to raise interest rates next month.Wall Street is focused on CPI data, with some officials believing it is necessary to maintain higher interest rates, arguing that the current level of rates is restrictive and that the high inflation is due to external shocks rather than loose monetary policy.

The Hong Kong stock market has seen active performance from some popular stocks, with trading heat continuing to rise. According to Gate platform's Hong Kong stock market data, Weilu Group (01196) rose by 21.35%, currently priced at HK$7.16; STERLING GP-NEW (01825) increased by 17.45%, currently priced at HK$5.45; Yun Gongchang (02512) saw a rise of 16.36%, currently priced at HK$1.92.Gate stocks have established a 7×24 hour trading service system covering the three core markets of US stocks, Hong Kong stocks, and Korean stocks, supporting over 10,000 US stocks and ETFs, more than 1,500 Hong Kong stocks, and over 1,000 Korean stocks, totaling coverage of more than 12,500 stocks and ETF assets globally.The platform pioneered zero-interest trading for US stocks, allowing users to participate in global stock investments in a one-stop manner using USDT, supporting fractional trading starting from a minimum of 0.01 shares, and enjoying stock dividend rights. The platform also supports cross-brokerage transfer of US and Hong Kong stocks, as well as corporate actions such as stock splits and consolidations, further optimizing the stock investment service experience.

According to CoinDesk, data from Blockware Intelligence shows that publicly listed Bitcoin miners held a total of 127,000 BTC at the beginning of the year, which has now decreased to 99,000 BTC, with a cumulative sale of approximately 28,000 BTC this year, valued at about $1.78 billion at current prices.Analysis indicates that although the scale of this sell-off is smaller than the net outflow of over $4.4 billion from U.S. spot Bitcoin ETFs, the continuous and stable marginal selling pressure in the context of a declining market and weak buying interest is often underestimated in its impact on prices. BTC has fallen a total of 27% since the beginning of 2026, underperforming major assets including the S&P 500. Additionally, due to narrowing mining profits (the current average production cost per BTC is about $74,300), an increasing number of miners are transitioning to AI computing power businesses. Meanwhile, the overall mining difficulty has decreased by about 18% from its peak in November, resulting in an approximate 18% increase in mining revenue for remaining miners, reshaping the competitive landscape of the industry.