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1Bitget Daily Digest(8.6) | Trump to Nominate New Fed Governor This Week, Possible Powell Successor; Pump Starts Seizing Market Dominance, Ecosystem Tokens Take Turns2Ethereum (ETH) Price Prediction for August 63Litecoin price prediction as LTC jumps 12% on bullish catalysts
Bitcoin Sell-Off Led by Short-Term Holders
Short-term Bitcoin holders drove 85.5% of spent volume, indicating recent investors are behind the latest sell-off.Why This Matters for Bitcoin InvestorsWhat This Could Mean for Bitcoin’s Price Trend
Coinomedia·2025/08/01 16:40
Tether’s US Treasuries Now Exceed South Korea’s Holdings
Tether now holds $127B in US Treasuries, overtaking South Korea. Could Saudi Arabia be next in line?Could Saudi Arabia Be Next?Stablecoins’ Rising Role in Global Finance
Coinomedia·2025/08/01 16:40
Ethereum Surges 66% in July, Outpacing May’s Gains
Ethereum soared 66% in July, surpassing May’s 58% rally. Is this the start of a new cycle top for ETH?Is Ethereum Entering Its Cycle Top Zone?What This Means for ETH Investors
Coinomedia·2025/08/01 16:40
Dow dips 500 points amid weak jobs data, trade war jitters
CryptoNewsNet·2025/08/01 16:35
Over $1 Million Lost in PEPE Liquidations: Is More Downside Ahead?
CryptoNewsNet·2025/08/01 16:35
And After the US, the UK Has Also Taken a Historic Step for Cryptocurrencies – Country’s SEC Has Announced
CryptoNewsNet·2025/08/01 16:35
What Does the Latest US Nonfarm Payroll Data Tell Us? Experts Weigh In
CryptoNewsNet·2025/08/01 16:35
Bitcoin, Ethereum Sink as Tariff Gloom Tops Rate Cut Optimism
CryptoNewsNet·2025/08/01 16:35
Strategy Stock Price Could Nearly Double as Bitcoin Treasury Aims to Dominate Market: Benchmark
CryptoNewsNet·2025/08/01 16:35
BONK Sinks 5% as Institutional Liquidation Intensifies
CryptoNewsNet·2025/08/01 16:35
Flash
- 06:17Bitget Launchpool Project TOWNS Now Open for Staking, Lock BGB or TOWNS to Unlock 16.34 Million TOWNSChainCatcher reports that Bitget's current Launchpool project, Towns Protocol (TOWNS), is now open for participation. Users can stake BGB or TOWNS to unlock a total of 16,340,000 TOWNS. The staking period ends on August 10 at 14:00 (UTC+8). This round of Launchpool features two staking pools: BGB Staking PoolTotal airdrop: 15,215,000 TOWNSVIP user staking cap: 50,000 BGBRegular user staking cap: 5,000 BGB TOWNS Staking PoolTotal airdrop: 1,125,000 TOWNSIndividual staking cap: 11,254,000 TOWNS
- 06:17Smarter Web Company issues $21 million Bitcoin-denominated convertible bonds, fully subscribed by TOBAMAccording to ChainCatcher, official sources report that Smarter Web Company has issued $21 million in Bitcoin-denominated convertible bonds, which have been fully subscribed by institutional investor TOBAM. It is reported that these zero-coupon bonds can be converted into shares at a 5% premium, include Bitcoin-based downside protection, and limit the proportion of purchased Bitcoin to no more than 30%. This marks the first such financing in the UK market.
- 06:16The Smarter Web Company issues $21 million in Bitcoin-denominated convertible bonds, fully subscribed by TOBAMOn August 6, it was reported that according to an announcement by the UK-listed company The Smarter Web Company, the firm has launched an innovative financing program called Smarter Convert, issuing Bitcoin-denominated convertible bonds with a total value of $21 million, which have been fully subscribed by asset management company TOBAM.