Odaily News The latest financial disclosure from the U.S. Office of Government Ethics shows that President Trump conducted over 1,000 securities trades in June this year, with a total amount estimated between $78.1 million and $263.1 million based on the disclosed transaction amount ranges, involving companies such as Berkshire Hathaway, Visa, Mastercard, Cintas, Palantir, Meta, and Coinbase.
Among them, the largest single trade was the sale of Vanguard ETF worth $5 million to $25 million on June 22. In addition, Trump also purchased Berkshire Hathaway stock worth $1 million to $5 million on June 18, and subsequently sold a smaller position on June 24; on the same day, he also sold Meta stock worth $1 million to $5 million, and made a small repurchase later that month.
The disclosure also shows that Trump traded Palantir multiple times in June, initially buying on June 3, then selling on June 16 and 18, and buying again on June 23 and 24.
The White House stated that Trump's investments are managed by an independent institution and there are no conflicts of interest. (Bloomberg)
Odaily News, Ansem commented on X platform regarding "Kraken might become the first compliant CEX to deploy HIP-3," stating that if Hyperliquid aims to conduct compliant business in the US, it may need to find a partner that is both familiar with its product architecture and possesses complete regulatory qualifications. Kraken could be one of the potential choices.
He pointed out that after Kraken's recent acquisitions of NinjaTrader and Bitnomial, its parent company Payward now holds FCM, DCM, and DCO licenses under the CFTC regulatory framework. Meanwhile, Hyperliquid has already established the corresponding infrastructure through HIP-3, meaning Kraken could theoretically serve as a new access point, offering related products in a manner similar to TradeXYZ. Arjun Sethi has consistently emphasized publicly that Kraken aims to play a "positive-sum game." Among existing US centralized exchanges, Kraken's potential may be severely underestimated. If this partnership actually materializes, it would be a major strategic move for Kraken to expand its market influence and add a significant business line.
Odaily Planet Daily News A unprecedented stock market crash is driving South Korean retail investors toward complex structured products. These risk-seeking investors continue to look for ways to boost returns. Equity-linked securities (ELS) with annual coupon rates as high as 40% to 50% are regaining favor among retail investors. In July, ELS sales rose to a three-year high, led by products linked to Samsung Electronics and SK Hynix.
Meanwhile, regulators are moving to curb retail investors' feverish demand for leveraged single-stock exchange-traded funds. Such products are believed to have amplified market volatility during last month's 22% plunge in the benchmark Korea Composite Stock Price Index. This suggests that one of the largest market crashes in recent memory has done little to dampen retail risk appetite—it has only shifted the types of products they chase. The recent market correction appears to have created an attractive entry point for ELS products. These products offer investors coupon payments as long as the underlying stocks or indices remain within a preset range. However, if the market falls sharply, these products can also face significant downside risk. (Jinshi)
Odaily Planet Daily News: Eric Trump, the second son of Donald Trump, stated that claims about Donald Trump launching a new token are untrue, calling the reports "false and fraudulent." (Cointelegraph)
Odaily News - Standard Chartered's global head of digital asset research, Geoffrey Kendrick, stated that the bank's year-end Bitcoin price target of $100,000 may be too conservative. Bitcoin rose to $79,500 on August 21, its highest level since May; he predicts the price could climb from this level to $126,000, a gain of 58%.
Kendrick noted that during the rally from August 19 to 21, Bitcoin short liquidations totaled nearly $1.44 billion, the largest on record in Coinglass data since June 2021. U.S. spot Bitcoin ETFs saw net inflows of approximately $1.92 billion over five consecutive trading days.
The U.S. Treasury announced on August 19 that it would expand its long-term Treasury buyback program, raising the maximum size of a single operation from $2 billion to at least $4 billion. Standard Chartered lowered its Bitcoin year-end target from $150,000 to $100,000 in February this year, while outlining a long-term trajectory of $500,000 for Bitcoin and $40,000 for Ethereum by 2030. (Bitcoin.com News)
Odaily: U.S. real estate investment firm Cardone Capital has purchased 350 Bitcoin, valued at $26.9 million.
Odaily News: According to Onchain Lens monitoring, Wintermute (0xecb...2b00) currently holds roughly $160 million in open positions on Hyperliquid, of which short positions account for about $146 million, representing 91% of its total exposure; long positions stand at approximately $13.9 million, with an unrealized loss of $3.66 million. The account has accumulated historical profits of approximately $204 million.
Odaily News: According to Onchain Lens monitoring, a whale previously purchased 198,300 LINK from Cumberland, worth $2.3 million, and has now transferred them to Coinbase, possibly for sale.
Odaily News: Zach Pandl, Head of Research at digital asset management firm Grayscale, stated that Bitcoin's structural adoption trend continues, the current bear market has entered a deeper stage, and the macro outlook is generally favorable. These three factors may provide a basis for long-term investors to enter, though prices could still decline.
Grayscale noted that Bitcoin's adoption growth is primarily driven by government deficits, the expanding application of blockchain technology in the financial services sector, and generational shifts in investor asset allocation. The current bear market has lasted 10 months, approaching the average and median duration of 11 to 12 months observed across the previous four cyclical bear markets.
Macro risks mainly depend on real interest rates and Federal Reserve policy. The Federal Open Market Committee held the federal funds rate at 3.5% to 3.75% in July, and future rate hikes could push Bitcoin lower. Bitcoin briefly rose to $79,461 on August 21 before pulling back to around $77,000. (Bitcoin.com News)
According to Odaily's Meme Flash monitoring, BNBCAT's market cap on BSC has surpassed $1.03 million.
Some community members have indicated that the token is called "BNBCAT." Grok noted that its name is "Binance Cat (BNB)," and CZ had previously posted content related to this Meme, using the hashtag "#BINANCECAT" in his posts.
"Meme Flash" is curated by Odaily's proprietary AI model, which selects trending community-discussed potential targets. The content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risks associated with Meme coins.
Odaily News: Brian Armstrong posted on X platform, stating that agents can now trade derivatives in the United States.
According to Odaily Meme Flash monitoring, BNBCAT on BSC has seen its market cap surpass $600,000.
Some community members have mentioned a "Pixiu line," referring to it as "Hakimi."
Grok adds: This token is linked to CZ's #BinanceCat contest post from August 16, 2023.
"Meme Flash" is curated by Odaily's exclusive AI model, selecting trending potential assets from community discussions. Content is based on publicly available information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risks associated with Meme coins.
Odaily News A anonymous whale sold a total of 7,700 Bitcoin between August 19 and 22, worth approximately $577 million at current prices. Among these, a single transaction earlier today sold 2,700 Bitcoin, worth approximately $212 million.
Bitcoin rose to $79,500 this week before pulling back to around $77,000, posting a weekly gain of over 20% and approaching $80,000. This sale comes after large holders accumulated approximately 43,000 Bitcoin over the past 60 days.
Another whale sold 7,513 Bitcoin over a three-week period ending August 9, worth approximately $487 million. The U.S. Treasury announced that starting September 9, the scale of its long-term Treasury buyback operations will increase from $2 billion to at least $4 billion per operation. (Bitcoin.com News)
Odaily News - Nomura Holdings' digital asset company Laser Digital Japan announced this week that it has completed registration as a crypto asset trading service provider under Japan's Payment Services Act, with registration number 00032, and has joined the Japan Virtual and Crypto asset Trading Association, bringing an end to Japan's nearly 4-year period without new industry participants.
The license covers six crypto assets: Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, and Shiba Inu, all of which are listed on the industry association's "green list." Laser Digital Japan will initially provide liquidity to licensed crypto asset companies in Japan, while the launch date for trading services targeting professional investors has not yet been announced.
Japanese regulators require the segregation of customer assets from company assets, with at least 95% of customer crypto assets stored in offline cold wallets, subject to verification through annual audits. The license does not cover crypto asset derivatives, nor does it permit Laser Digital Japan to launch exchange-traded funds; major adjustments to Japan's crypto asset regulatory framework are expected to be implemented in fiscal year 2027. (Bitcoin.com News)
According to Odaily Meme Flash monitoring, the market cap of WAGIE on BSC has surpassed $900,000.
On August 22, WAGIE announced the launch of the "first upgradeable NFT protocol on BNB."
Grok adds that this protocol allows users to upgrade their NFTs, with the potential to eventually be promoted to "Employee of the Month."
"Meme Flash" is curated by Odaily's exclusive AI model, selecting community-highlighted potential assets. The content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be mindful of the high volatility risk associated with Meme coins.
Odaily Planet Daily News Galaxy Research stated that Bitcoin's current 50-week moving average is approximately $82,470, serving as a key level to determine whether the current bear market has ended. A weekly close back above $82,000 would strengthen the case that the June 30 low marked the bottom.
Galaxy Research's analysis of completed Bitcoin bear markets since 2011 found that Bitcoin has revisited the 50-week moving average 13 times, with 11 of those instances not leading to new closing lows. In comparison, the 50-day moving average provides faster signals, but failed 43 out of 106 revisits.
As of August 22, Bitcoin is trading at approximately $77,190, up about 30% from the June 30 low and roughly 6% below the 50-week moving average. In longer bear markets, the first successful reclaim of the 50-week moving average typically occurs 130 to 284 days after the bottom, by which time Bitcoin has rallied 63% to 80%. (Bitcoin.com News)


