BitMart announces cessation of operations, closing all trading services on August 26th

Click on the link to enter the meeting: https://meeting.tencent.com/p/9640132127 1. A week or two ago, chasing after 63000 and now chasing after 80000 is a completely different profit and loss ratio. RSI has entered the overbought zone above 85, and short-term technical indicators are overheating. 2. The short-term chips of 1.59 million BTC are concentrated in the range of 80000 to 82000. To break through this region, sustained buying is needed to digest profit selling. 3. The Fear Greed Index skyrocketed from 12 to 73 in just one month. The shift in market sentiment from 'extreme fear' to 'greed' is often the result of rapid price increases, but it also implies the accumulation of short-term adjustment risks. 4. There are $1.979 billion of long orders waiting to be cleared below $75800, and $1.458 billion of short orders waiting to be cleared above $83700. The liquidation intensity of both long and short sides is very high, and any breakthrough in either direction may trigger a chain reaction. Tonight's 6-hour live broadcast, let's see the truth clearly! QQ group number: 661467116 Click on the link to join the group chat: https://qm.qq.com/q/Tlm1YMuZkC Safew Exclusive Customer Service: @ HYSQNC Join the Huiying community and embark on a more efficient trading journey 1.24-hour live broadcast room, keeping up with the market rhythm, learning while watching, and quickly seizing market opportunities 2.15 professional analysts in the industry are in charge 3. Systematic technical teaching, from beginner to advanced, helps you establish a complete trading system faster 4. Deeply cooperate with multiple mainstream exchanges to obtain more exclusive resources and event benefits. 5. There are 2 community lottery activities per month, and participants can participate by making transactions and continue to enjoy additional surprise rewards Here, it's not just about trading, but also about the dual enhancement of cognition and returns. Welcome to join and seize the opportunity in the cryptocurrency industry together Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

JPMorgan Chase has raised its target price for MRVL. O from $240 to $305.

The Hong Kong Monetary Authority, Securities and Futures Commission, Insurance Regulatory Authority, Mandatory Provident Fund Authority, and Hong Kong Cyberport have announced the list of participants for the first phase of GenA.I. Sandbox++. Out of nearly 100 proposed solutions, 36 use cases were selected from 30 financial institutions and 27 technology partners, including Bank of China Hong Kong, Huaxia Fund, Ant Blockchain, Google, IBM, and others. The first issue of GenA.I. Sandbox++focuses on exploring Agentic AI applications, covering areas such as customer account opening, payment, insurance claims, and customer interaction.

According to BIT market data, pre market cryptocurrency concept stocks in the US stock market generally fell, with CRCL falling 1.06%, MSTR falling 1.15%, MARA falling 1.26%, COIN falling 0.82%, RIOT falling 0.81%, BMNR falling 1.25%, SBET falling 2.25%, and PURR falling 1.03%.

Ethena plans to expand its cryptocurrency spot and perpetual contract arbitrage strategy to the stock perpetual contract market, in order to capture the premium of funding rates. Ethena's current peak cryptocurrency arbitrage allocation exceeds $8 billion, and the theoretical potential open interest size of perpetual stock contracts can reach $4 trillion. As of August 11th, the total open interest of perpetual contracts in the stock market reached 6.2 billion US dollars. The average annualized funding rates for Hyperliquid and Binance were 14% and 17.5%, respectively, while the annualized funding rate for Bitcoin was 4.1% during the same period.