ETH breaks through the $4600 mark

ETHZilla ranks 10th among Ethereum holding companies According to Strategiceserve data, ETHZilla's Ethereum holdings have increased to approximately 82200 coins, valued at approximately $380.5 million, surpassing BTCS and ranking 10th.

Two whale addresses bargain hunting Ethereum, buying over $150 million According to Arkham monitoring, on August 15th, two whale addresses continued to buy ETH during the period of Ethereum price decline. Among them, address 0x1e0 purchased $118.2 million ETH from FalconX, and address 0xa3A purchased $40.5 million ETH from Galaxy Digital OTC, with a total amount exceeding $150 million.

According to the Golden Finance Report, investors and Trump should not expect the Federal Reserve's interest rate cut to reduce the yield of 10-year US treasury bond bonds. Although DataTrek's research found that when the Federal Reserve cut the policy interest rate, the yield of 10-year treasury bond bonds would indeed decline, but if the economy did not fall into recession when the interest rate was cut, the situation would be different. Although signs of economic weakness are emerging in the United States, the market now believes that there are no signs of a recession yet. Interest rate futures prices show that investors believe the Federal Reserve will almost certainly lower interest rates in September. In this context, the yield of 10-year US Treasury bonds may not change. This is not good news for those who are putting political pressure on the Federal Reserve to lower interest rates. (Golden Ten)

Coinbase: The knockoff season may fully arrive in Q3, and the Federal Reserve's loose policy may release more potential in the medium term Coinbase stated in its monthly outlook that its outlook for the third quarter of 2025 remains optimistic. As September approaches, current market conditions indicate that the peak season for altcoins may be fully approaching (the common definition of the peak season for altcoins is that at least 75% of the top 50 altcoins by market capitalization have performed better than Bitcoin in the past 90 days). In addition, regarding whether the Federal Reserve's interest rate cut in September means that the cryptocurrency market has peaked. Coinbase believes that given the large amount of retail capital holding a wait-and-see attitude in money market funds (over $7 trillion) and other sectors, the Federal Reserve's loose policy may unleash the potential for more retail participation in the medium term.  

Ronin announces transition to Ethereum L2 On August 15th, Ronin announced that it will transition from Ethereum sidechain to Ethereum L2. The network was originally created to support Axie Infinity, but now Ethereum scaling technology has matured, significantly increasing transaction costs and speed. Ronin plans to become a fully integrated gamified L2 engine with Ethereum next year.