Odaily News: Fed Chair Warsh stated that we must be confident that underlying inflation is moving toward the target, or that there is still work to be done. It is difficult to describe financial conditions as restrictive. (Jinshi)

Odaily News According to on-chain data monitoring, as the HYPE price climbs, whale Loracle's 3x leveraged HYPE short position remains in a floating loss. The position is now being gradually closed and reduced, currently down to 594,957.48 HYPE, worth approximately $50.14 million, with a floating loss of about $18 million and a return on investment of -107.85%.

Odaily News: Bitcoin News posted on X platform that U.S. spot Bitcoin ETFs have recorded net inflows for 8 consecutive days, totaling $2.8 billion. August has become the strongest month for capital inflows since 2026.

As Bitcoin and gold rise in tandem, investors are increasingly seeking to hedge against risks including a weakening U.S. dollar, persistent inflation, and the widening U.S. fiscal deficit. Gold funds have also seen record demand.

This shift is beginning to reflect in ETF trading. IBIT and GLD have rejoined the list of the top 10 most-traded ETFs, after semiconductor funds dominated for most of the summer.

BlackRock noted that another significant source of demand comes from existing Bitcoin holders moving their tokens into ETFs. The company has so far processed approximately $5 billion in deferred-tax Bitcoin transfers into ETFs, and the minimum conversion amount has recently been lowered from $25 million to $1 million.

"As we continue to expand access, this scale will continue to grow," said Robbie Mitchnick, Head of Digital Assets at BlackRock.

Mitchnick pointed out that incidents such as kidnappings, ransomware attacks, and custody failures are driving some Bitcoin holders to shift toward ETF custody.

Bitcoin and gold are once again aligning with the core of the same macroeconomic logic, as the currency debasement trade makes a comeback.

Odaily News, August 28, 21:47 (Beijing time), the Grayscale GBTC-related address transferred 340.449091 BTC to two addresses, including Coinbase Prime Deposit, with a value of approximately $26.9186 million.

According to Odaily, Glassnode data shows that as BTC rebounds toward $80,000, options market positioning has clearly shifted to a bullish stance. BTC options open interest has climbed back to nearly 550,000 BTC, with derivatives market participation rising again; the DVOL volatility index has bounced to around 41, though still below the previous high-volatility range of 50–60. Glassnode notes that the 25 Delta Skew across all tenors has narrowed significantly, with short-term skew turning negative, indicating reduced demand for downside protection and positioning leaning more balanced or bullish. BTC is currently in a dense Gamma zone between approximately $75,000 and $80,000, with recent flows concentrated at the $72,500 and $79,250 strike prices, where notable call buying has been observed at both levels, while put demand remains relatively limited.

Odaily Planet Daily News According to Hyperbot data, the "anti-CZ" whale has opened 20x leveraged long positions on Bitcoin and 15x leveraged long positions on Ethereum, with unrealized gains exceeding $7.2 million and an investment return rate of 491%. Currently, the whale holds 31.31624 BTC in the Bitcoin long position and 8,092.4521 ETH in the Ethereum long position. The whale gained notoriety for shorting ASTER immediately after CZ purchased it.

Odaily News: The US CFTC stated that fraudsters are increasingly using crypto ATMs, gift cards, unfamiliar apps, and courier delivery services to induce victims to transfer funds. FBI data shows that reported losses from crypto ATM-related scams in 2025 exceeded $388 million, a 58% increase year-over-year. The US CFTC reminds the public that government agencies, legitimate financial institutions, or trusted businesses will never ask users to transfer money via crypto ATMs, gift cards, or courier services. If encountering such instructions, individuals should immediately pause and independently verify the request.

According to Odaily, based on data from MSX.COM, US stocks opened with the Dow up 0.28%, the S&P 500 up 0.08%, and the Nasdaq down 0.07%, while the VIX fear index fell 0.28%. AI concept stocks broadly declined, with Marvell down 7.65%, Synopsys down 2.58%, Astera Labs down 2.56%, Tempus AI down 2.25%, and Palo Alto Networks down 2.25%.

It is reported that MSX is a leading RWA trading platform, having listed hundreds of RWA tokens covering popular US stocks and ETF tokenized assets, including Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily News: According to the latest data from Gate, the price of gold fell to $4,602.51 per ounce, down 0.01% on the day. The price of silver rose to $70.773 per ounce, up 2.69% on the day.

In the forex market, the USD/CNH pair rose 0.04% on the day to 6.7215. The USD/JPY pair rose 0.15% on the day to 159.63.

In global stock indices, the Euro Stoxx 50 (EUSTX50) rose 0.51% on the day to 6,473.34 points; the UK FTSE 100 (UK100) rose 0.26% on the day to 10,818.8 points; and the German DAX 40 (GER40) rose 0.57% on the day to 26,524.8 points.

In commodities, WTI crude oil fell 1.2% on the day to $83.21 per barrel. Brent crude oil fell 1.04% on the day to $89.37 per barrel.

Gate enables users to trade traditional financial market products directly on its platform, offering one-stop access to a wide range of assets including precious metals, forex, global stock CFDs, major indices, and commodities. This facilitates deep integration between crypto assets and traditional financial assets. Gate TradFi features are now fully integrated into both the Gate App and Web platform, allowing users to participate in global asset price trading conveniently without switching platforms—unlocking more strategies and opportunities beyond the crypto market and continuously enhancing diversified asset allocation experiences.

Odaily News According to Hyperbot data, the floating profit on the 3x leveraged Bitcoin long position held by Garrett Jin, agent of the “1011 Insider Whale,” has now exceeded $4 million. Two days ago, he added 600 BTC to his long position at a price of $79,000. In addition, his short position of 32,700 ZEC (worth $25.28 million), opened at an average price of $444, is currently showing a floating loss of over $11.5 million.

Odaily Odaily News: Trump will commemorate the 9-11 events at the Pentagon rather than New York City. (CNN)

Odaily News: a16z announced the closing of its new fund, Machine Age Fund, with $1.1 billion in funding, focused on investing in the hardware and infrastructure that powers AI, including chips, memory, networking, storage, as well as complete systems such as data centers, robotics, and home AI devices.

a16z noted that surging AI demand and compute density are pushing existing supply chains and physical and computational architectures to their limits. Rack power is rising from 5-10kW to 100-250kW, and is expected to reach 1MW within three years, while data center scales are expanding toward hundreds of megawatts and even gigawatt-class campuses. The fund will target higher compute density, cheaper high-bandwidth memory, faster interconnects, low-power edge devices, as well as supporting cooling, power, and real estate infrastructure, to back a new generation of AI hardware startups.

Odaily News: The Trump administration is studying a new artificial intelligence chip regulatory rule aimed at restricting remote access to computing power from advanced US AI chips.

According to reports, after Trump began his second term in 2025, the White House announced the revocation of the AI Diffusion Rule introduced during the Biden administration. Currently, a small team within the US Department of Commerce is working on a smaller, more targeted alternative to limit geopolitical rivals from accessing advanced AI chips remotely through cloud computing and other means.

The rule is still in the drafting stage, and specific restrictions have not yet been clarified, but it indicates that the US government may strengthen oversight of cross-border access to advanced AI computing power, with a focus on the possibility of bypassing physical chip export restrictions through remote computing services. (The Information)

Odaily News, according to Hyperbot data, Machi Brother Huang Licheng's 10x leveraged long positions in HYPE and PUMP are all showing floating losses, currently at $93,000 and $447,000 respectively. His positions are temporarily supported by BTC and ETH long positions, which are showing floating profits of $824,000 and $27,000 respectively. The overall floating profit has now decreased to $337,000, with a return on investment of 5.8%.

Odaily News: Federal Reserve's Hammack stated that the Fed should take action on rate hikes, as waiting will only bring pain, and does not believe financial conditions are in a state of tightening.

Odaily News: SoftBank Group is seeking an additional $10 billion loan to refinance debt related to its investment in OpenAI and raise further capital. According to sources familiar with the matter, the two-year loan carries an interest rate approximately 275 basis points above the Secured Overnight Financing Rate (SOFR), with Mizuho Bank serving as the lead arranger and bookrunner. The sources requested anonymity as the matter has not yet been made public. (Bloomberg)