mar

PPP prediction market tool monitoring shows that the probability of "ETH reaching $1900 in August" on Polymarket has dropped to 7%, a 43% decrease in 24 hours. Additionally, the probability of rising to $2400 has increased to 42%, a 40% increase in 24 hours. This market is based on the Binance ETH/USDT trading pair.During the specified month in the title (from 00:00 on the 1st of the month to 23:59 on the last day, Eastern Time), if the highest price of any 1-minute candlestick is equal to or higher than the specified price in the title, it will be settled as Yes; otherwise, it will be No. Only the 1-minute candlestick High price of Binance ETH/USDT will be used; prices from other exchanges or trading pairs will not be counted.

PPP prediction market tool monitoring shows that the probability of SOL on Polymarket reaching $90 in August has risen to 52%, with a 24-hour increase of 46%. Additionally, the probability of reaching $100 has risen to 16%, with a 24-hour increase of 15%.According to the settlement rules, this market is settled based on the Binance SOL/USDT trading pair. If the highest price of any 1-minute K-line during August reaches or exceeds the corresponding target price, it will be settled as "Yes"; otherwise, it will be "No". OKX market data shows that after a morning surge breaking through $87, SOL has pulled back, with a 24-hour increase of over 9%.

Yesterday, the cryptocurrency market experienced the strongest single-day performance of the year. Bitcoin reached a high of $70,000, marking the first time in two months; Ethereum peaked at $2,300; Solana rose by about 12%. The Bitget Research Institute analyzed that the core driving force behind this round of market activity comes from a dual breakthrough in policy and regulation: the White House convened a meeting with the president, executives from the cryptocurrency industry, and heads of the SEC and CFTC, marking the formal entry of digital assets into the national financial strategy discussion level; on the same day, the SEC proposed "Regulation Crypto Assets," establishing a clear channel for token financing and introducing the "investment contract safe harbor" mechanism for the first time, which is expected to promote the emergence of more U.S.-native projects.From a market structure perspective, when the first two catalysts were realized, the market was in a bearish position, and the price increase triggered a chain reaction of liquidations. On that day, 126,000 traders across the network had a total of $1.92 billion in positions liquidated, setting a record for the largest short liquidation day in history, further amplifying the price increase. The Bitget Research Institute believes that since a considerable proportion of this round of price increase comes from concentrated short liquidations rather than spot buying, there is a short-term pressure for market correction. However, from a medium to long-term perspective, the cryptocurrency market is迎来政策与流动性的双重转折点, with the clarification of regulatory pathways and the improvement of the long-end liquidity environment together forming the foundation for a new cycle.

F2Pool co-founder Wang Chun stated, "The bear market is over."Previously, ChainCatcher reported that Wang Chun gradually bottomed out approximately 70,600 ETH (about $11.7 million) and 966 WBTC (about $6.029 million) in June, but during the market rebound in July, Wang Chun transferred 36,600 ETH and 160 WBTC to Binance, expecting to profit $3.4 million.

According to Coinglass data, in the past 24 hours, the total liquidation across the network reached $2.975 billion, with short liquidations exceeding $2.7 billion. This figure surpasses the $1.011 billion in short liquidations on October 11, making it the largest liquidation day in the crypto market in nearly two years.

According to GMGN market data, the Robinhood Chain ecosystem meme coin CASHCAT briefly surged past $0.125, currently reported at $0.1232, with a 24-hour increase of 36.06%.

According to Catcher Predict monitoring, in the prediction market Polymarket for the event "Seattle Mariners vs. Milwaukee Brewers," the "Seattle Mariners" option in the sub-market "Seattle Mariners vs. Milwaukee Brewers" has experienced a dramatic fluctuation in winning probability, soaring from 56.5% an hour ago to the current 91.5% (a fluctuation of 35%). Please note the impact of related breaking news.

According to the Industrial and Commercial Times, competition in advanced process technology for PC processors is heating up. Market news indicates that Intel's next-generation Nova Lake desktop processor will prioritize the introduction of bLLC large last-level cache to reduce access latency to system memory, competing with AMD's 3D V-Cache technology; the laptop version may be delayed until the subsequent Razor Lake-HX generation is released. The supply chain reveals that Nova Lake, set to debut early next year, will utilize a combination of Intel's 18A and TSMC's N2P processes, while the subsequent Razor Lake may further adopt TSMC's high-performance 2-nanometer N2X process.N2X is a high-performance extension of TSMC's N2 platform, targeting high-frequency CPUs, AI, and HPC applications, with transistor technology shifting from FinFET to nanosheets. If mass production is achieved, Intel's collaboration with TSMC on advanced processes is expected to extend to a broader 2-nanometer family, helping to reduce risks associated with a single proprietary process and optimize the timing and capacity configuration for high-end CPU launches.In addition to TSMC benefiting directly, related supply chains are also expected to welcome business opportunities. Sungsan is one of the few manufacturers in Taiwan capable of mass-producing its own CMP polishing pads, with a 25% year-on-year increase in consolidated semiconductor revenue in the first half of the year, rising to 66% of total revenue. Demand for Hard Pads and advanced packaging is strong, with a new Soft Pad line expected to begin trial production in the third quarter and gradually ramp up production in the fourth quarter, with products already applied in CoWoS and SoIC. Zhongsha holds CMP diamond discs and recycled wafers, reporting revenue of 2.49 billion yuan in the second quarter, a year-on-year increase of 17.9%, with gross margin rising to 40.1%, and shipments of 2-nanometer and 1.6-nanometer related diamond discs rapidly increasing.

Marvell Technology submitted documents to the U.S. SEC disclosing that the company has expanded its custom semiconductor collaboration with Google. The two parties signed a commercial agreement on July 29, covering AI inference accelerators, storage controllers, network interface controllers, memory interface controllers, and near-memory computing products related to the Google TPU ecosystem.As part of the collaboration, Marvell issued warrants to Google, allowing it to purchase up to approximately 58.97 million shares of the company's common stock at a price of $206.58 per share, with a total exercise value of about $12.2 billion. Approximately 1.36 million shares will vest over the first year, while the remaining shares will vest in batches based on Google's future revenue from custom product purchases (one batch for every $500 million in revenue), lasting until the fiscal year 2033, corresponding to a potential cumulative revenue cap of about $120 billion. Following the announcement, Marvell's stock price surged over 11%, while competitor Broadcom's stock price fell. Analysts believe this move strengthens Marvell's position in the custom chip sector for hyperscale cloud vendors.

According to monitoring by Catcher Predict, in the prediction market Polymarket for the event "Miami Marlins vs. Philadelphia Phillies," the "Over" option in the sub-market "O/U 8.5" has experienced a dramatic fluctuation in win probability, dropping from 50.5% an hour ago to the current 21.5% (a fluctuation of 29%). Please note the impact of related breaking news.

Blockchain infrastructure Linera announced that with the sale of $LNRA, it will showcase Linera Originals, a badge system, and a featured marketplace that can open, operate, and settle within a minute. Linera stated that becoming "the next Hyperliquid" means dedicated chains, a focus on consumer-grade products, small teams, real revenue, and user priority, rather than simple replication. Its goal is to predict markets in real-time, a segment that currently has no incumbents, as general-purpose chains struggle to support it.Linera adopts a parallel micro-chain architecture, validated by the same set of validators, with users and markets operating on independent micro-chains. Most blocks are ultimately confirmed in under a second, and throughput can be expanded by increasing micro-chains. This design is derived from research by the CEO, a former Meta (Libra/Diem) researcher, and inherits low-latency settlement work such as FastPay. The application app.linera.xyz has been launched on this architecture, with all predictions being on-chain transactions, and badges measuring real participation.The platform's marketplace is purely player versus player (PvP), with a shared fund pool distributed to the winning side, no house or market makers, and results relying on verifiable price oracles. The core team consists of about five people. $LNRA is the network token, and complete sales details will be announced in another document; badge holders can gain access to exclusive pools during sales by using the product.

According to Bitcoin Magazine, the Chief Investment Officer of Bitwise stated that Bitcoin appears to be close to the bottom, and there seems to be volatility in the market that could be released upwards. He noted that when observing the market currently, he feels quite optimistic about the trends for the remainder of this year.

On August 20, the Bitcoin market suddenly rebounded, with prices rising nearly 8% at one point, briefly breaking through $70,000, reaching a new high since early June, and triggering the largest short liquidation wave since 2021. Over $1 billion in Bitcoin short positions were liquidated within about an hour, as months of bearish trades concentrated on closing positions, driving a rapid rebound in BTC. Analysts pointed out that this increase reflects an overly crowded short position in the market, and as prices turned upward, forced buying to cover further amplified the rally.This rebound was driven by multiple factors. U.S. President Trump met with executives from crypto companies such as Coinbase, Kraken, and Blockchain.com at the White House, and the market expects the U.S. government to continue promoting a more friendly regulatory framework for digital assets. The U.S. Securities and Exchange Commission (SEC) proposed new rules for crypto asset issuance this week, intending to exempt certain digital asset issuance from registration requirements. On the macro front, the U.S. Treasury announced an expansion of long-term Treasury bond repurchase operations, at least doubling the scale of repurchase operations for 10 to 30-year Treasury bonds to enhance market liquidity and alleviate pressure on long-term U.S. Treasury yields, further boosting sentiment for risk assets.The rebound spread throughout the entire crypto market, with Ethereum rising 19% at one point, marking the largest single-day increase since March. Crypto-related stocks also surged, with Coinbase rising about 10%, Bitcoin reserve company Strategy increasing about 13%, and stablecoin issuer Circle rising nearly 10%. Analysts stated that Bitcoin's next key step lies in whether it can convert this short squeeze into real buying pressure and break through the resistance area above $70,000.

Coinbase CEO Brian Armstrong recently released a vision board on the X platform, expressing hope for strong bipartisan support for the CLARITY Act on September 15, followed by Uptober, and the start of the next cryptocurrency bull market, stating "as predicted."The CLARITY Act aims to provide a clearer market structure and regulatory framework for cryptocurrency assets in the United States. Armstrong's statement reflects his expectations for regulatory progress and a warming market sentiment.

The Federal Reserve meeting minutes show that participants believe the labor market conditions are stable and supply and demand are balanced. Some participants pointed out that signs of weakness in the labor market still exist, including low employment rates and high long-term unemployment rates.The demand for technical workers in AI-related industries is strong, and wages have risen significantly. Overall nominal wage growth is moderate, but there are upward risks for future wage growth.

Market news reports that SpaceX (SPCX.O) attempted to acquire the AI programming startup Cognition.

Well-known trader Doctor Profit posted that Ethereum has completely broken through the key resistance area of the bear market stage and has, for the first time since the start of this bear market, re-established itself above the "golden line (weekly EMA50)" that he focuses on.Doctor Profit believes that this breakthrough is an important technical signal for ETH and said, "Fasten your seatbelts," while indicating that bears will face pressure.