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Bitcoin and Ethereum ETFs recorded $503M in inflows on August 7, with BlackRock's IBIT leading the charge.Ethereum ETFs Continue Positive StreakWhat This Means for the Market
Ethereum’s market cap hits $470.7B, surpassing Exxon Mobil’s $454.07B as crypto gains ground on traditional giants.Ethereum Tops Energy Giant in Market ValueThe Significance of the FlipWhat Could Come Next
SharpLink Gaming now holds over $2B in ETH after adding 10,975 ETH worth $42.79M.A Strategic Crypto Investment ApproachWhat This Means for the Crypto Market
BlackRock Spot ETFs bought 1,360 BTC and 28,120 ETH on August 7, signaling strong institutional interest.Why This Matters to the Crypto MarketWhat Comes Next?
Polymarket users see an 87% chance of Ethereum hitting $4,000 this month. $ETH now trades at $3.9K.Why the $4,000 Mark MattersWhat’s Next for Ethereum?
- 15:08Digital Currency Group Sues Its Subsidiary Genesis Over $1.1 Billion in ReceivablesAccording to a report by Jinse Finance, Digital Currency Group has filed a lawsuit against its subsidiary Genesis for $1.1 billion in accounts receivable in the aftermath of the cryptocurrency market crash. In the complaint, Digital Currency Group stated that after the collapse of the crypto hedge fund Three Arrows Capital in 2022, the group attempted to fill a potential "gap." Digital Currency Group is now requesting the court to order Genesis Global Capital to pay it more than $105 million plus interest.
- 14:37META's total market capitalization surpasses $2 trillion for the first timeAccording to Jinse Finance, META rose nearly 2% intraday, reaching a new all-time high. Its total market capitalization surpassed $2 trillion for the first time, making it the sixth publicly listed company in the U.S. stock market to reach a $2 trillion market cap.
- 14:07US August Preliminary Five-to-Ten-Year Inflation Expectations Rise to 3.9%According to Jinse Finance, the preliminary estimate for the US 5- to 10-year inflation expectation in August is 3.9%, higher than the market expectation of 3.4% and the previous value of 3.4%.