Analysis: The market's demand for Bitcoin is recovering, but the intensity has not yet reached the level of the previous several bull runs

Due to a security incident involving Harmony (ONE) that has caused spot price anomalies across multiple exchanges, Binance Futures will activate the latest Price Protection (LPP) mechanism for the ONE USDT U-margined perpetual contract at 20:00 on August 14. User assets remain unaffected. The mark price will be calculated based on the average trading price over the past 10 seconds and transition smoothly, with a maximum per-second fluctuation of ±1%. The upper and lower limits of the funding rate have been simultaneously narrowed from ±2.000% to ±0.005%. Once the ONE spot price converges across multiple exchanges, the LPP period will conclude and standard mark price calculations will resume. A separate announcement will be issued for this adjustment.

After this week’s release of U.S. CPI and PPI data, market sentiment has not yet fully digested the information. At 20:30 UTC+8 tonight, the U.S. July retail sales data—widely known as the "Terror Data"—will be released. Current market forecasts show retail sales are expected to rise by just 0.1% month-on-month, while core retail sales (excluding volatile items like automobiles) are also projected to see modest growth. This data directly reflects U.S. household consumption willingness and purchasing power, serving as a key indicator to judge whether the economy will achieve a soft landing or stall. Against the backdrop of sharply intensifying internal divisions within the Federal Reserve and a sensitive window where international gold prices have pulled back from the $4,400 per ounce threshold, if the data comes in significantly stronger than expected, it may reinforce the "economic resilience" narrative, boost the U.S. dollar, and dampen rate-cut expectations; if it comes in much weaker than forecast, it could heighten recession fears and further lift precious metals and safe-haven sentiment.

Whale 0x117f is staking and going long $ASTER. The whale opened a 4x long on 7.2M $ASTER($4.33M) on @Aster_DEX and also staked 4.02M $ASTER($2.42M) for 4 years.

Whale 0x117f is staking and going long $ASTER. The whale opened a 4x long on 7.2M $ASTER($4.33M) on @Aster_DEX and also staked 4.02M $ASTER($2.42M) for 4 years.

Three sources familiar with the matter disclosed that the White House is expected to host a gathering of cryptocurrency and prediction market industry executives next Wednesday. Attendees and the specific agenda have not been finalized yet, and traditional finance executives may also be included; it remains unclear whether President Trump will attend. The meeting is scheduled for the day before the session of the Commodity Futures Trading Commission (CFTC)’s newly established Innovation Advisory Committee. The committee, which comprises executives from top crypto, financial, and prediction market firms, will discuss topics including crypto assets, AI, and prediction market regulation.

Gambler 0xff84 keeps adding to his $BTC short and now holds a 2,000 $BTC($125.37M) short, with an unrealized profit of $1.79M. He is now the largest on-chain $BTC bear. Liquidation price: $63,528.92