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Why Is the Crypto Market Calm Amid Global Tensions?
Yolo Investments has closed fundraising for its flagship Fund II after hitting its €100 million target. The fund comprises €50 million in external capital, as well as a €50 million commitment from Yolo Group. It brings together a network of 23 investors, including founders and industry thought leaders, further strengthening the Yolo Investments ecosystem and …
The altcoin market faces prolonged stagnation as investor interest wanes, Bitcoin captures dominance, and an oversupply of tokens overwhelms capital.
The ETH/BTC ratio's tight consolidation highlights waning interest in Ethereum and delays the start of an altcoin season, while ETH faces short-term bearish pressure.
The $81 million hack of Nobitex reveals blockchain’s growing role in geopolitical conflicts, as state actors increasingly target crypto infrastructure for both warfare and messaging.
Bitcoin ETFs continue attracting significant institutional investment, with an eighth day of inflows and renewed bullish sentiment in the market. This surge highlights Bitcoin's role as a potential hedge in volatile times.
- 02:24Caixin: Sources Say JD.com and Ant Group Unlikely to Appear on the First List of Stablecoin LicenseesAccording to a report by Jinse Finance, as disclosed by Caixin, a source close to stablecoin license applicants revealed that with the implementation of regulatory guidelines, the stablecoin boom in Hong Kong is expected to subside. This is particularly true for non-financial institution applicants whose main use case is cross-border payments, as they may voluntarily withdraw from early participation due to the difficulty of meeting regulatory requirements such as “verifying the identity of every token holder.” This also means that major internet platforms like JD.com and Ant Group, which were previously considered frontrunners, may find it difficult to appear on the list of the first batch of licensees. In addition, CITIC Group, through its Hong Kong subsidiary China CITIC Bank International, has teamed up with several institutions with the intention of applying for the first batch of stablecoin licenses. Industry insiders noted that Bank of China (Hong Kong) is one of the city’s three note-issuing banks, giving it a natural advantage if it issues stablecoins, and this could also reassure regulators in both jurisdictions.
- 02:20A whale opened a 5x long position on BTC 9 hours ago with approximately $6.05 million in marginAccording to Jinse Finance, on-chain analyst @ai_9684xtpa has monitored that whale jasonleo opened a $BTC 5x long position at $112,891.3 during the sharp drop nine hours ago, with a margin of approximately $6.05 million. This is his first publicly disclosed bullish operation since July 23, and the position is currently in profit.
- 02:08pump.fun’s market share among Solana token issuance platforms rises to 32.4% in the past 24 hoursAccording to news on August 3, data from the Jupiter dashboard shows that in the past 24 hours, pump.fun's market share in the Solana token launch platform rankings has risen to 32.4%, while Letsbonk has dropped back to 50.2%.