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According to a report by Cointelegraph on August 10, Strategy Executive Chairman Michael Saylor stated in an interview with Bloomberg, "I believe that there is a wave of innovation emerging in the entire encryption economy, which benefits everyone in the digital asset space." Michael Saylor also pointed out that the number of companies holding Bitcoin has increased from around 60 to 160 in the past six months. "So I am fully focused on Bitcoin." Saylor predicts that Bitcoin's performance will surpass that of the S&P 500 index in the "infinite future."
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Trump strongly promotes pro-encryption Federal Reserve directors, is a rate cut in September a done deal?

The current market capitalization of Crypto Assets is $3.86 trillion, with BTC accounting for 60%. The US Bitcoin and Ether Spot ETFs continue to see net inflows, with short-term market fluctuation ranges of $114,500-$118,500 and $3,750-$4,200 respectively. Upcoming important events include the Reserve Bank of Australia's interest rate decision and the release of the US CPI data.
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According to Deep Tide TechFlow news on August 10, Onchain Lens monitored that AguilaTrades has closed its BTC (40x leverage) and ETH (25x leverage) long orders, with a total profit of 11.29 million USD. Previously, it had incurred a loss of 39.96 million USD, and it still needs to earn back 28.74 million USD to recoup investment.
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According to Deep Tide TechFlow news on August 10, monitoring by Lookonchain shows that two accounts of Abraxas Capital are shorting ETH, BTC, SOL, HYPE, and SUI, with total unrealized losses exceeding 190 million USD. Among them, there is a short position holding 113,819 ETH (approximately 483 million USD), with losses exceeding 144 million USD.
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According to Deep Tide TechFlow news, on August 10, El Salvador increased its holdings by a total of 8 Bitcoins over the past 7 days, bringing its total Bitcoin holdings to 6,263.18 coins, with a total value of $738.5 million.
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According to 深潮 TechFlow news on August 10, on-chain analyst Ai姨 (@ai\_9684xtpa) monitored that the ETH/BTC Exchange Rate has been rising for five consecutive days, currently at 0.037, the last time it reached this level was during the rise in January this year.
It is worth noting that last year a trader lost 22.45 million dollars by going long on the ETH/BTC Exchange Rate, as the trader held long from 0.055 all the way down to 0.03596 before giving up, after a year of persistence. Currently, the Exchange Rate has just returned to the level at which they gave up.
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