Wang Feng believes that the recent outperformance of ETH over BTC is due to narrative differences, and investors may not have enough time to adjust their positions. From a medium to long-term perspective, ETH and BTC share macro funds and regulatory benefits, with ETH seen as a leverage for BTC rather than a substitute. History shows that the popularity of ETH will enhance the safe-haven premium of BTC, and ultimately large funds will flow back into BTC.

According to ChainCatcher's message and reported by CoinTelegraph, Preston Pysh, co-founder of the Bitcoin venture capital firm Ego Death Capital, stated in a recent podcast interview that the skepticism of early Bitcoin adopters towards institutional trends will not disappear anytime soon. Pysh pointed out in a conversation with Natalie Brunell from the Coin Stories podcast that institutional participation in Bitcoin-related "institutional behaviors," such as Bitcoin derivatives trading, has raised concerns within the Bitcoin community about their long-term impact, leading people to question whether Bitcoin can still serve as a safe-haven asset like it did in the past. Pysh emphasizes that the core of Bitcoin culture is to doubt everything and question everything, and that the way institutions participate will be completely different from individuals, making it difficult for the Bitcoin community to accept.

Jin10 data reported on August 20th, gold futures rose, reversing the decline from the previous trading day. David Morrison from Trade Nation noted in the report that gold has maintained a range fluctuation for about the past 10 weeks. Traders may be closely following the dollar's movements, as significant changes in the dollar could serve as a catalyst for gold to break through the current range. A weaker dollar makes gold, priced in dollars, cheaper for international buyers, while also weakening the competition between the dollar and gold in terms of safe-haven attributes, thereby increasing the demand for gold. Morrison stated that factors that could trigger dollar fluctuations include the Fed meeting minutes to be released on Wednesday, and more likely Powell's speech on Friday at Jackson Hole.

Putin proposed Moscow as a meeting place with Zelensky but was rejected, and the Austrian Chancellor stated that Vienna is suitable for dialogue. Hungary has become a "safe house" recognized by both the US and Russia, where Trump discussed this location with the Hungarian Prime Minister. Macron suggested a meeting in Geneva, Switzerland, and Istanbul, Turkey, was also mentioned.

On August 20, Jin10 reported that on August 19 local time, White House Press Secretary Karine Jean-Pierre stated that a total of 465 people have been arrested since the launch of the "Making Washington Safe" operation on August 7. On the evening of the 18th, 52 people were arrested, including one illegal foreigner.

On August 18, Jin10 reported that on August 17 local time, Salido, the head of the Kherson region appointed by Russia, stated via social media that the Ukrainian armed forces were "preparing to flee Kherson" and had installed anti-drone nets at all exits of the city to ensure a safe withdrawal.

Jin10 data, August 15 - Barclays analysts said in a report that if the Russia-U.S. summit makes substantial progress in resolving the Russia-Ukraine conflict, the euro and Central and Eastern European currencies could strengthen. They stated that the euro, Hungarian forint, Polish zloty, and Czech koruna would benefit the most from any Favourable Information, as these currencies are very sensitive to oil supply shocks and the Central and Eastern European region is close to the conflict area. In contrast, due to the safe-haven status of the Swiss franc, if progress is made towards a ceasefire, the Swiss franc may fall. The Norwegian krone and Brazilian real may also come under pressure due to their identification as oil-producing countries.

Due to stronger than expected U.S. inflation data, traders have lowered their interest rate cut expectations, leading to a continued drop in gold prices. The July PPI unexpectedly rose to 3.3% year-on-year, raising market concerns as investors follow retail sales and consumer confidence data. At the same time, the uncertainty around U.S. trade negotiations and the meeting between Trump and Putin provides safe-haven support for gold.

Jin10 data on August 14 reported that Thierry Wizman, a global forex and interest rate strategist at Macquarie Group, pointed out that the potential peace protocol between Russia and Ukraine could be a double-edged sword for the euro. The prospect of a peace protocol or indefinite ceasefire would weaken the buying of geopolitical safe-haven assets such as the Swiss franc and yen seen last week, and drive capital flows towards the euro; but it would also provide greater energy security and drop energy costs, as oil prices are expected to fall. In contrast to the "peace" narrative, the conflict may also boost the prospects for European rise and re-inflation, as it has triggered new commitments to increase European defense spending and related infrastructure spending. Therefore, after emphasizing the double-edged sword effect of the potential peace protocol on the euro, Wizman stated that if a ceasefire or comprehensive peace protocol is reached, the euro/USD will further rise amidst still high European defense spending.

On August 14, Jin10 Data reported that as market risk sentiment improved, gold futures prices fell. Analysts at Sukdon Financial Group stated in their report that despite the decline in U.S. Treasury yields and market expectations for a rate cut in September, gold trading has recently remained in a state of range fluctuation. The company noted that the latest U.S. consumer price index data showed that inflation remained flat compared to the previous month, reinforcing market expectations for a 25 basis point rate cut in September, which has now been fully priced in. Meanwhile, the U.S. stock market is performing well as investors shift towards risk assets, leading to a decrease in gold's safe-haven demand. Analysts wrote that gold has been in a narrow range fluctuation since April, and a clear breakout from this range seems to require stronger and more sustained dovish signals.

Odaily News The Decentralized Finance lobbying organization DeFi Education Fund (DEF) announced the establishment of the "DeFi Education Foundation," aimed at providing U.S. lawmakers with education on encryption policies and laws, and offering donors a tax-deductible charitable donation channel. The organization is advocating for the Senate to approach DeFi cautiously in encryption regulatory legislation and is calling on the U.S. Securities and Exchange Commission (SEC) to establish a "safe harbor" mechanism for specific blockchain applications. (The Block)

Odaily News 0 G Labs announced that the AI Alignment Node is now open for KYC sign up. Node holders can complete identification verification through the 0G Alignment Node portal to ensure safe participation in the governance of AI's future in compliance with regulations.

According to ChainCatcher news, the price of Safe Injection (SHOT) has fallen by 49.1%, currently at $0.58, with a market capitalization of $85.01 million. Previously, the company formed a strategic alliance with the founder of BONK, planning to enter the field of Decentralized Finance.

According to BlockBeats news on August 11, on-chain data analyst Murphy stated that BTC has returned to $120,000. Although it cannot be considered as successfully holding above at this point, what can be confirmed is that in terms of chip structure, BTC has returned to a price range with $117,000 as support, making the trading range of $112,000 to $116,000 a "safe zone," which is almost consistent with the price trajectory inferred from the "double anchor structure." From the perspective of the "MVRV extreme deviation pricing range," BTC is currently still operating within the channel formed by the orange-yellow line. Support is gained at the lower band, and it may encounter resistance at the upper band. The current upper band position of the operating channel is $125,000, which is also the first target for a rebound within the channel. If it successfully breaks through and does not fall back below during the pullback, it is highly likely to rise to the second range.

Israeli Prime Minister Netanyahu stated at a press conference that the Israeli military will focus on targeting locations controlled by Hamas, and currently controls 70% to 75% of the Gaza area. The goal is to "liberate" Gaza rather than occupy it. Israel plans to establish a safe zone in Gaza and set up an alternative government, and is in contact with relevant parties. Netanyahu denied that Israel is causing a humanitarian crisis in Gaza, stating that it will increase humanitarian aid in various ways.

Odaily News Meteora stated on the X platform that it is aware that the website has been flagged as a phishing site by MetaMask, but the website is currently safe and still under team control. While working with the MetaMask team to resolve the issue, the warning can be temporarily ignored.

Jin10 data reported on July 31, the World Gold Council stated that, driven by the dual attraction of rising gold prices and the safe-haven attributes of gold, both bar and coin investors are getting on board. This zone has also performed excellently for two consecutive quarters, helping to push bar and coin investment in the first half of 2025 to the highest level since 2013.

According to Jinse Finance, data monitored by Arkham shows that about five hours ago, the Web 3.0 Oracle Machine Api3 DAO transferred approximately 1258 ETH, worth about 4.3 million USD, to its associated Gnosis Safe Proxy. As of now, its Ethereum reserves amount to approximately 3800 ETH.

After Trump announced a trade protocol with Japan, the yen initially rose but then weakened due to the 15% tariff imposed by the US on Japanese goods. Analysts pointed out that this protocol boosted risk appetite and dropped the yen's safe-haven demand. Additionally, the ruling coalition in Japan lost its majority in the elections, leading to market concerns about political uncertainty.

In uncertain times, investors tend to seek safe-haven assets like gold and strong currencies. Despite the ongoing weakness of the US dollar, analysts believe the Singapore dollar may emerge as a new choice due to its low volatility and stable economy; however, its currency management restricts position trading. Meanwhile, the euro could become the next safe-haven currency after the Swiss franc.

Jin10 data July 21, ATFX Global Markets Chief Market Analyst Nick Twidale stated that uncertainty may ultimately be unfavourable for the yen. Despite the emergence of safe-haven buying, the results that met expectations triggered a pullback. The greater risk lies in subsequent developments, with the stock market likely to experience dumping due to uncertainty. If Japanese Prime Minister Shigeru Ishiba ultimately resigns, the yen may weaken further. In the short term, the Central Bank of Japan will maintain a wait-and-see approach and continue to observe data until future policy direction becomes clear.

According to ChainCatcher news and a report by Decrypt, recent academic research has explored the relationship between Bitcoin and gold as store of value tools. The research found that, although Bitcoin is referred to as "digital gold," it currently lacks the historical record, stability, and resilience in crises that gold possesses. The volatility of Bitcoin is much higher than that of gold, and its correlation with traditional assets is unstable. Nevertheless, as the Bitcoin market matures and volatility decreases, its role as a tool for portfolio diversification may strengthen.

Jinse Finance reported that Sumit Gupta, co-founder of the Indian cryptocurrency exchange CoinDCX, which was disclosed to have encountered a hacker attack by the "on-chain detective" ZachXBT, reiterated on the X platform that customer funds are safe. All user assets are stored in isolated Cold Wallets, and the incident is limited to a single operational Liquidity providing account, with trading and withdrawals proceeding normally. CoinDCX is working with law enforcement to recover the stolen funds and is about to launch a recovery Bounty Program.

On July 17, Jin10 reported that Marc Cogliatti, an analyst at Validus Risk Management, stated in a report that investors may continue to withdraw funds from U.S. assets, which will weaken the dollar in the long term. He pointed out that the uncertainty of U.S. policies may prompt investors to diversify their asset allocations (reducing reliance on U.S. assets). In the short term, due to a decrease in risk appetite, demand for safe-haven assets may support a stronger dollar, but the overall selling trend will continue. Foreign investors are still diversifying their investments in U.S. assets, and a short-term rebound will not change the overall downward trend.

Golden Finance reports that Forexlive analysts state: Undoubtedly, the current situation is unpredictable and confusing. However, it seems that Powell is temporarily safe. Trump may have been informed that any action requires justifiable reasons, which are currently not present.

Jin10 data reported on July 16 that news has emerged suggesting that Trump "might" fire Fed Chairman Powell. As a result of this news, gold continues to rise. Related reports are also putting pressure on the stock market, with the S&P 500 index falling by 0.4%. Clearly, the uncertainty surrounding whether Trump can fire the Fed Chairman has become a pressure point for the overall market, which is driving safe-haven funds into gold, providing support for gold prices.

Gold prices are rising ahead of the upcoming U.S. inflation data, which analysts believe will affect the Intrerest Rate trend. Tariff tensions have increased safe-haven demand, and the market is closely following the progress of trade negotiations. Investors are taking a cautious stance on Trump’s new tariff announcement.

BlockBeats news, on July 11th, Bitcoin recently broke through $116,500, setting a new historical high, with an increase of nearly 20% this year. This wave of rise is mainly driven by several favourable factors: the Fed's interest rate cut expectations, the tax spending bill signed by Trump, and the easing of the global tariff war, all of which have intensified the market demand for safe-haven assets like Bitcoin. Bitcoin's breakthrough has led the market to follow whether it can continue to rise, especially whether it can touch the psychological barrier of $200,000. According to the analysis by Adam Guren, Chief Investment Officer of Hunting Hill, this rise in Bitcoin reflects the compound effect of ETF fund inflows, increasing institutional adoption, and a favourable macro environment. Unlike previous cycles, the current demand is structural, regulated, and sticky, meaning that it is.

Golden Finance reports that over the past two months, the Ethereum Foundation transferred 21,000 $ETH to a Gnosis Safe Proxy Address, subsequently, that address transferred 7,000 $ETH to another Address, and recently exchanged 1,210 $ETH for 3.5 million $USDC.

According to Jinse Finance, Kinto officially announced that the deployment of the $K Token on the Arbitrum chain has suffered an external attack. The official statement pointed out that other funds bridged to the Kinto network remain safe in user Wallets, and no bridging liquidity is under threat. Currently, security institutions such as Seal 911, Hypernative, Venn, and Zeroshadow are assisting in a comprehensive investigation and have reported to the relevant authorities. The market shows that Kinto (K) has dropped over 90%, currently priced at $0.56, with a circulating market cap of nearly $1 million.

Odaily News Kinto announced on the X platform that it has confirmed a vulnerability in the network affecting the deployment of K Token on the Arbitrum on-chain. However, funds bridged to the Kinto network in user wallets are currently safe, and institutions such as Seal 911, Hypernative, Venn, and Zeroshadow are assisting in a comprehensive investigation.

Jin10 data reported on July 9th that JPMorgan believes that even if the dollar reaches its current low, it is still overvalued by 5% to 15% against major currencies according to long-term valuation models. As the cyclical spread narrows and asset allocation adjustments continue, the dollar is expected to have downside potential. The report points out that reasons supporting the expectation of further dollar weakness include the narrowing of the economic advantage of the U.S. compared to other economies, slowing foreign capital inflows, and increased safe-haven activities. The bank continues to advise U.S. investors to diversify their international allocations and non-U.S. investors to properly manage their dollar exposure.

The US market is shrouded in the shadow of a potential triple blow, as the convergence of inflation risks, tariff threats, and flawed fiscal policies could lead to a massive asset dumping. Economist and gold advocate Peter Schiff posted a series of messages on the social media platform X on July 5, warning that a new round of tariffs could trigger market turbulence and urging investors to prepare for the impact. He predicted that the dollar, government bonds, and stocks would face sharp declines, which would be the "reciprocal" tariff effects not yet fully reflected in the market.

Jin10 reported on July 5th that Malaysian economist Dr. Mohd Afzanizam Abdul Rashid stated that if the final tariff declaration indicates an escalation in trade tensions, gold may attract further buying interest. However, the overall outlook remains cautiously optimistic as the market awaits clearer policy signals.

Jin10 Data reported on July 4th that UBS Global Wealth Management analysts stated in a report that the recent strength of the Swiss franc reflects demand for safe-haven assets ahead of the expiration of U.S. equivalent tariffs suspension on July 9th. They noted that even if the Swiss franc continues to strengthen on the deadline day, the rise will be limited. They also mentioned that the EUR/CHF is unlikely to fall below 0.9250 for an extended period.

BlockBeats news, on July 4, U.S. President Trump stated that he would issue new tariff notifications to trade partners as early as Friday to strengthen pressure ahead of negotiations on July 9. This move marks a potential new round of escalation in U.S. global tariff policy. The market is concerned about further deterioration in global trade, impacting economic prospects, leading to fluctuations in the dollar and a short-term strengthening of safe-haven asset gold prices. The price of Bitcoin is currently consolidating around 108,849, constrained by previous high pressure at 110,348, with a large number of short order liquidation points concentrated in that area. Although the price has broken through the downward trend line, it encounters resistance in the pressure zone. If it falls below 108,000 in the short term, it will return to the supply and demand imbalance area. Bitunix analysts suggest: Currently, BTC is at a critical turning point; if it holds above 108,000, it is expected to challenge 110,348 and the upper liquidation zone around 112,000.

Websea encryption asset trading platform announced on July 3 the integration of the internationally leading on-chain AML system MistTrack, aiming to strengthen global compliance capabilities and create a safe and transparent trading environment. This initiative not only meets the regulatory requirements of multiple countries but also enhances transaction security for users by identifying risks through technological means.

Gate News bot reported that according to CoinDesk, Ethereum co-founder Vitalik Buterin proposed three core testing standards for Ethereum decentralization during his speech at the EthCC conference in France. These standards include: exit test (whether user assets are safe after the project party disappears), internal attack test (the system's ability to resist...

The U.S. Senate's passage of Trump's tax bill has raised investors' concerns about fiscal health, pushing gold prices to around $3,340 per ounce. The bill is expected to widen the deficit by $3.3 trillion, enhancing gold's appeal as a safe haven. The weak dollar, coupled with rising Treasury yields, continues to support gold prices.

Gate News bot message, according to FXStreet, during the Asian trading session on Monday, the gold price (XAU/USD) continued to fall. Last week, the trade agreement between China and the United States to accelerate the export of rare earths to the United States was positively evaluated by the market. The China-US trade agreement and the ceasefire agreement between Israel and Iran boosted risk appetite, weakening gold's appeal as a traditional safe-haven asset.

Gate News bot news, due to the Israel-Iran ceasefire suppressing safe-haven demand, while investors await the US PCE data, gold prices fell on Friday and are set to record a second consecutive week of decline.

According to Gate News bot, a report from Reuters stated that at a money market fund conference held in Boston this week, **stablecoins may drive a surge in demand for short-term U.S. Treasury bonds, becoming a hot topic**. Attending investors expect that later this year stablecoins will absorb a significant amount of U.S. Treasury supply. Stablecoins are typically pegged to high liquidity assets like the U.S. dollar, and to maintain a 1:1 value peg, their issuers need to hold a large amount of highly liquid safe reserves, which usually means purchasing U.S. Treasury bonds.

According to Jin10 data on June 27, foreign media reported that at a money market fund conference held this week in Boston, stablecoins may drive a surge in demand for short-term U.S. Treasury bonds, becoming a hot topic. Attending investors expect that later this year, stablecoins will absorb a large amount of Treasury supply. Stablecoins are typically pegged to highly liquid assets like the U.S. dollar, and to maintain a 1:1 value peg, their issuers need to hold a significant amount of liquid safe reserves, which often means purchasing U.S. Treasury bonds. Yie-Hsin Hung, CEO of State Street Global Advisors, stated that stablecoins are attracting substantial demand for the Treasury market. Currently, about 80% of the stablecoin market is invested in U.S. Treasury bills or repurchase agreements, totaling approximately $200 billion. Although it accounts for less than 2% of the entire Treasury market, the rise of stablecoins is rapid and is likely to outpace the growth of Treasury supply.

According to Gate News bot, Bloomberg reported that gold prices fell for the second consecutive week as the ceasefire between Israel and Iran weakened safe-haven demand. In early Asian trading, gold prices slightly dropped to around $3315 per ounce, accumulating a fall of about 1.5% this week. This week, gold prices generally maintained narrow fluctuations, except on Tuesday, when prices experienced a big dump due to the adherence to the ceasefire protocol after two weeks of conflict between the two hostile forces in the Middle East.