On August 23, according to official news, CEX Alpha will launch Multiple Network (MTP on August 25. Eligible users can go to the Alpha event page to use Alpha points to receive the Airdrop after trading opens on Alpha. Further details will be announced separately.

NVIDIA CEO Jen-Hsun Huang stated that the company is in discussions with the U.S. government and plans to sell a new type of AI chip, the B30A, to the Chinese market. This chip outperforms the H20, but the final decision depends on the U.S. government.

[Fosun Wealth Holdings Becomes Distributor of DBS Bank's Tokenized Notes] Fosun Wealth Holdings announced on August 22 that it has become one of the distributors of tokenized structured notes from Singapore's largest bank, DBS Bank. This product is a participation note linked to Crypto Assets, which pays cash returns when the price of digital assets rises, while limiting downside risk.

Fed Musalem emphasized that we should follow the overall path of the Intrerest Rate, as inflation is above the target and more data is needed to adjust policies. The risk in the job market is on the rise, and the decision to cut rates will depend on the upcoming employment report, with the tariff inflation effect expected to weaken.

Recent hackers from Radiant Capital have profited from multiple trading operations, with the stolen $53 million in encryption assets from last year now worth $104 million. Recent trades include selling 3,931 ETH at $4,726, indicating their ongoing swing trading activities.

Data from August 23 shows that the US Bitcoin Spot ETF had a net outflow of $23.2 million the previous day, with BlackRock experiencing the largest outflow, while some ETFs like Fidelity and ARK saw inflows.

On August 23, according to Lookonchain monitoring, a certain Whale Address transferred 3,500 BTC (approximately 408 million USD) to a new Address 10 hours ago after being dormant for 3 years. Three years ago, this Address withdrew 3,500 BTC from a CEX (then approximately 103 million USD), with an average withdrawal price of 29,620 USD, resulting in a profit of 305 million USD (+294%).

On August 23, according to data from strategicethreserve, the total scale of Ethereum Spot ETFs in the United States has surpassed 30 billion USD for the first time, with 6.48 million ETH (approximately 30.37 billion USD) as of the time of publication, accounting for 5.36% of the total circulating supply of Ethereum.

On August 23, according to on-chain data analyst Yu Jin's monitoring, a "$125,000 rollover go long ETH" Whale was once on the verge of liquidation during the recent pullback, with a liquidation price of $4666.6. The price on Hyperliquid just fell to a minimum of $4667.5, and the trader has not reduced position, currently having unrealized gains of $3.02 million.

[XRP market capitalization surpasses BlackRock Group] The market shows that XRP broke through 3 dollars this morning and currently slightly retreated to 2.99 dollars, with a 24-hour rise of 4.8%. According to 8MarketCap, its current market capitalization has reached 177.97 billion dollars, surpassing BlackRock Group, which ranks 110th in global asset market capitalization, with a current market capitalization of 177.79 billion dollars.

On August 23, Tom Lee, the newly appointed chairman of the board of BitMine, stated in an interview: "I believe there is a very high probability, possibly even reaching 50%, that the market capitalization of Ether will surpass Bitcoin."

[Huatai Securities maintains the prediction of two more rate cuts by the Fed within the year] Huatai Securities' research report states that on the evening of August 22, Beijing time, the Fed Chairman delivered a speech at the Jackson Hole annual meeting, providing guidance for another rate cut in September and announcing a revised monetary policy framework. Powell's speech released a clear signal for the September rate cut, and Huatai Securities maintains the prediction of two more rate cuts within the year, with US Non-farm Payrolls (NFP) data being a key reference indicator for the Fed's rate cut path.

On August 23, despite Ethereum reaching an all-time high, the funding rate for ETH contracts on mainstream CEXs remained neutral. The funding rate is the cost that adjusts the contract price to balance with the underlying asset, reflecting the market's bullish and bearish sentiment.

On August 23, on-chain analysts reported that a whale withdrew 183.7 billion PEPE at an average price of $0.00001107, with a total value of $2.035 million, still holding 1.31 trillion, unrealized losses of $7.25 million, and holdings have shrunk by 69% since June 2024.

Multiple asset management companies updated their proposed Spot XRP ETF applications on August 23, demonstrating a strong desire for approval from the U.S. Securities and Exchange Commission (SEC). These updates may be in response to SEC feedback, adjusting the fund structure to support the creation and redemption of XRP or cash.

On August 23, according to Lookonchain monitoring, a swing trader Address starting with 0x8062 sold 2,277 ETH (approximately 9.57 million USD) at a price of 4,203 five days ago, and bought 1,966 ETH (approximately 9.57 million USD)) again 5 hours ago amidst FOMO sentiment, with an average price of 4,869 USD, now facing unrealized losses of 188,000 USD.

On August 23, according to data from the validator queue tracking website validatorqueue, the current exit queue for the Ethereum PoS network is reported to be 855,534 ETH. Based on the current price, the ETH exiting the PoS network is approximately 4.116 billion dollars, with a withdrawal latency currently reported at 14 days and 20 hours. Meanwhile, the staking demand for new validators has slightly decreased, with the admission queue today rising to 198,202 ETH, valued at approximately 953 million dollars, and the current queue waiting time for admission is 3 days and 11 hours.

On August 23, according to CEX market data, Ethereum's historical new high led to a big pump across the entire Ethereum ecosystem: the staking track SSV rose by 25% in 24 hours, LDO rose by 21% in 24 hours, the mainstream ecosystem ENA rose by 18% in 24 hours, AAVE rose by 14% in 24 hours, and the Layer2 track ARB rose by 17% in 24 hours.

Barclays expects the Fed to start cutting interest rates in September; the yield on two-year U.S. Treasuries fell due to Powell's speech; Trump claims to hold a 10% stake in Intel; ETH rose over 15% to reach a new all-time high; Fitch confirms the United States' "AA+" rating outlook is stable.

The Trump family project World Liberty Finance (WLFI) will launch on Ethereum on September 1, opening up token distribution and trading. Early supporters can unlock 20%, while the remaining 80% will be decided by community voting. Users need to activate the Lock-up Position contract on the official website to receive the tokens.