When BTC falls before the release of CPI or PPI, it usually rebounds quickly after the data is released

According to a report by Golden Finance, as monitored by on chain analyst Yu Jin, a certain address has withdrawn 21000 ETH worth $90.16 million from Binance in the past half hour. This address has been continuously withdrawing ETH from Binance since June 22nd when the ETH price was $2280. So far, it has hoarded up to 86001 ETH ($378 million), with an average price of $3023, and now has a floating profit of $120 million.

Bit Origin (BTOG), a US listed company, disclosed that as of August 11, it holds 70543745 DOGEs with an average acquisition cost of $0.2268. In addition, the company has completed a fundraising of 20 million shares of Class A common stock for the previously announced $500 million equity acquisition and financing supplement.

OKX-BTC/USDT is currently trading at $119535.50, with a 5-minute increase of 0.28%. Please be aware of market fluctuations.

At the opening of the US stock market, the Dow Jones Industrial Average rose 211 points, the Nasdaq rose 119 points, and the S&P 500 index rose 0.48%.

Western Union is evaluating the possibility of launching a stablecoin in the US dollar to compete with cryptocurrency projects. CEO Devin McGranahan stated that the stablecoin will primarily target markets outside of the United States and may serve as a "dollar savings account" for customers in some countries.