Japanese companies are starting to purchase Bitcoin on a large scale, reflecting concerns over Inflation and currency devaluation. Companies like Metaplanet are taking the lead by launching long-term Bitcoin strategies. At the same time, the Japanese Financial Services Agency is considering treating encryption assets as financial products, with the prospect of launching the first public crypto ETF to attract institutional investment. Japan's crypto market is recovering and may regain global leadership.

Juan Carlos Reyes, chairman of the El Salvador Digital Asset Commission, announced that under the new Investment Banking Law, investment banks will be allowed to hold digital assets such as Bitcoin on their balance sheets and provide cryptocurrency services to mature investors. Banks holding a PSAD license will be able to operate Bitcoin banks.

Core Scientific released its Q2 earnings report for the fiscal year 2025, with mining revenue of $62.4 million, a significant year-on-year decline, primarily due to a 62% decrease in Bitcoin mining output. The revenue from digital asset custody mining also declined, while responding to the need for shareholder and regulatory approval for the transaction sold to CoreWeave.

On August 9, the Solana ecosystem's DEX released its weekly summary, which includes: the launch of the Lend beta version; the platform plugin went live; addition of tokenized pre-IPO stocks; new APIs and upgrades; improvements to the Verify v4 process; Studio upgrades and vanity addresses.
In addition, the platform stated that its mobile application will announce a secret update next week.

[Golden Finance] Sharplink Gaming stated that the Ethereum roadmap is not just about scaling finance, but about rebuilding the network: with a focus on Decentralization, intelligence, and integrity. Artificial intelligence agents, physical infrastructure, data flows, and reputation layers all require Programmability trust, which is what Ethereum offers.

According to data from 【币界】, in the past hour, the total liquidation across the network reached 25.75 million USD, mainly from short orders, with ETH liquidations amounting to 20.31 million USD. In the past hour, the ETH liquidation accounted for 78% of the total network liquidation.

[Bitpush] Encryption analyst released on-chain data stating that in the past 48 hours, whales have collectively increased their holdings of over 50 million USD XRP.

The recent 4-hour Candlestick shows a slight price Fluctuation, with rising momentum weakening and volume decreasing. Technical indicator analysis shows no obvious trend, and the KDJ golden cross pattern indicates an Overbought situation. Suggested buy points are 170.03 and 162.5494, sell points are 182.03 and 179.49, support level is 161.0, and resistance level is 181.0.

HackQuest completed a $4.1 million financing round, led by Animoca Brands and Open Campus. The funds will be used to expand the developer platform, aimed at addressing the talent shortage in Web 3 through education and ecological support, and has attracted 90,000 developers.

South Korea is shifting its cryptocurrency policy, planning to launch regulated Spot ETFs and stablecoins by the end of 2025. The Financial Services Commission has submitted a new proposal to establish a framework for crypto ETFs, ensuring legal, technical foundations, and investor protection.

[Coin World] According to data platforms, yesterday (Eastern Time, August 8) the total net inflow of Bitcoin Spot ETF was $404 million. The Bitcoin Spot ETF with the largest single-day net inflow yesterday was the Blackrock ETF IBIT, with a single-day net inflow of $360 million. Currently, the historical total net inflow of IBIT has reached $57.786 billion. Next is the Fidelity ETF FBTC, with a single-day net inflow of $30.488 million. Currently, the historical total net inflow of FBTC has reached $12.028 billion. As of the time of this report, the total net asset value of Bitcoin Spot ETF is $150.697 billion, and the ETF net asset ratio (the percentage of market capitalization to the total market capitalization of Bitcoin) has reached 6.48%.

[Golden Finance] Nasdaq-listed Bitcoin mining company LM Funding America released an unaudited Bitcoin mining and operational update report for the period ending July 31, revealing that the company mined 5.9 BTC in July but sold 11 BTC, reducing its Bitcoin holdings to approximately 150.4 coins by the end of July, valued at approximately $17.8 million.

On August 9, the Bay Area decentralized artificial intelligence technology startup AIxBlock announced that it has received a funding of €1.5 million from the European Union. In addition, it has also received two pre-approved additional funding of up to €61.5 million (currently under review in the approval process).

On August 9, the net inflow of FETH from Fidelity yesterday was 132 million USD, and the net inflow of FBTC was 30.5 million USD.

[Chain News] On August 9, it was reported that in the past 18 hours, a Whale sold 7,200 ETH at a price of $3,957, with a total value of $28.49 million. In the past 5 days, the Wallet has sold a total of 9,000 ETH at a price of $3,863, with a total value of $34.76 million.

[coin world] On August 9 (UTC+8), David Sacks, the head of encryption affairs for the Trump administration, raised a question about why top banks are still prohibiting or restricting access to Bitcoin ETFs on their wealth management platforms. He also questioned whether this is the last remnant of 'de-banking'.

[Coin World] According to monitoring, pump.fun just transferred 5.6 million USD worth of SOL to a newly created Address and conducted a PUMP Token buyback at that Address. As of now, this Address has cumulatively repurchased PUMP Tokens worth 6.68 million USD, of which approximately 5.72 million USD worth of Tokens have been transferred to Squads Vault.

[Coin World] Data source, Bitcoin bitcoin today's market news, BTC Bitcoin latest price: $115988.01, 24-hour fall -0.6%, volume $696.88 billion