BTC continued its correlation with the SP index, with the price falling back by about -1.8% and returning to the market near 26,000. The mid- and front-end IV, which was driven by bullish sentiment the previous day, also retreated today.

Focus on on-chain data and take stock of the latest news every week.

Performance and security are top priorities for Ethereum. The former determines the upper limit, and the latter determines the bottom line.

Ethereum’s metrics, particularly its fees, drive price volatility.

Bitcoin mining difficulty hits record high, raised by 6.17% to 55.62T

The price of BTC quickly rebounded by more than 1% after bottoming out around 25300 (-2.7%), and then slowly rose back to the familiar 26000 area for the whole market. decline, causing the curve to steepen again.

The Hope.money roadmap is released, building Next Gen Money in three stages.

The market is basically consolidating; after the cryptocurrencys mini-flash crash last week, the prices of BTC and ETH have still not made any breakthroughs, trading volume remains weak, and trading sentiment is sluggish.

A quick look at important industry information of the week.

As a recently popular decentralized social platform, friend.tech has new ways of playing that are different from other social products?

This article will focus on EthStorage, the first place in this year’s EDCON Spuer Demo, and review the decentralized storage track that has low market popularity recently but has huge potential.

The most obvious change in todays implied volatility is that the high BTC volatility has finally dropped slightly. At the front end, we can see a significant decline in BTC ETH IV, and both volatility curves have emerged. A steep change.

The approach of the Cancun upgrade and the Ethereum futures ETF make the current trend of Ethereum slightly better than that of Bitcoin, which may become an important support for the trend of Ethereum.

Dogecoin chief developer: PoS mechanism has inherent flaws, if Dogecoin turns to PoS or chooses to quit

The news that SpaceX wrote down $373 million in BTC positions on Friday further catalyzed the markets negative sentiment, causing BTC to fall 14.5% in a short period of time, breaking through this years support trend line.

PYUSD will start trading on Kraken on August 21st.