Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

August 8th. The on-chain data analyst Murphy released a market analysis, stating that BTC's breakthrough above $117,000 the previous day was significantly influenced by the favorable event of "Trump signing an executive order to include cryptocurrency in the 104K." However, it was merely a short-term emotional stimulus and had not yet substantially attracted a large amount of funds. The active index of short-term investors has been continuously declining after reaching a peak in July, and there is no clear sign of an upward turning point (forming a higher high). The panic low points witnessed during the recent price corrections are also not as severe as those on December 24 and February 25, indicating that up to this point in the current market cycle, investor sentiment is generally more neutral, neither leaning towards extreme panic nor excessive optimism. According to URPD data, BTC is once again testing a key resistance level. $117,000 is the highest candle in the current entire ch

August 8th. According to cryptocurrency journalist Eleanor Terrett, the process of nominating Brian Quintenz, the CFTC chairman nominated by Trump, has come to a standstill. Internal emails obtained through the Freedom of Information Act showed that Quintenz might have had access to confidential CFTC information during his tenure as a director at Kalshi, a prediction market regulated by the agency. A detailed email blog post about this matter is spreading on Capitol Hill, giving rise to questions. The White House has requested the Senate Agriculture Committee to postpone the scheduled confirmation vote. Meanwhile, at the end of last month, the White House once again expressed its support for Trump's nomination of Brian Quintenz as the chairman of the Commodity Futures Trading Commission (CFTC). On July 31st, the White House made it clear that Quintenz still is the top candidate for the position and is expected to be confirmed promptly.

On August 8th, the El Salvador National Bitcoin Office disclosed images related to "Bitcoin Banks", with the caption "Bitcoin Banks are coming to Bitcoin country", suggesting the establishment of a Bitcoin bank.

On August 8th, according to PeckShield's monitoring, the DeFi platform Credix is reported to have deactivated its X account.
BlockBeats previously reported that on August 4th, the admin account address of Credix was attacked, with an estimated loss of approximately $4.5 million. The attack involved the minting of a counterfeit acUSDC token (Credix Market Sonic USDC) that was not supported by real assets.

August 8th. As per CoinDesk, the Hong Kong-listed company IVD Medical Holdings announced the acquisition of $19 million (approximately 149 million Hong Kong dollars) worth of Ethereum to back its medical asset tokenization strategy. The company is in the process of developing the ivd.xyz platform based on Ethereum smart contracts, with the aim of achieving the tokenization of drug intellectual property and medical assets.