Featured News

1.Fed Interest Rate Cut Probability for September at 84.6%

2.Galaxy Digital: Crypto Market Leverage Surges, Increasing Market Vulnerability

3.Ark Invest's ARKK Latest Holdings Disclosure: Coinbase Accounts for 6.28%, Bitmine for 3.22%

4.pump.fun Market Share Rises to 79.4% in the Last 24 Hours, Letsbonk Falls to 12.9%

5.BIO Surges Above $0.15 in a Short Time, Up Over 37% in 24 Hours

Articles & Threads

1.《a16z Deep Dive: The Blockchain Transformation Path for Banks, Asset Managers, and Fintech Companies》

The convergence of regulatory clarity and competitive pressure, along with the significant enhancement of business outcomes by blockchain and the increasing maturity of the technology, is urgently driving the traditional finance (TradFi) sector to embrace blockchain technology as its core infrastructure. Traditional financial institutions are reimagining blockchain as a transparent, secure value transfer tool that not only provides future-proofing for institutions but also unlocks new sources of growth.

2.《Coinbase Report: $7 Trillion Cash Ready to Enter the Market, Altcoin Season May Fully Arrive in September》

Despite the total market capitalization of altcoins growing by over 50% since early July (reaching $1.4 trillion as of August 12), CoinMarketCap's "Altseason Index" is currently still around 40, well below the historical 75 threshold that defines altseason. We believe that the current market conditions have started to indicate that as September approaches, the market may shift towards a full-blown altseason.

Market Data

Daily overall market funding heat (as reflected by funding rates) and token unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks

No token unlocks today

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia