Citigroup: Gold rise driven by speculative funds, global central bank annual meeting becomes key risk point

ETF issuers are lowering the barrier for bitcoin whales to trade self-custody for ETF shares.

Wintermute's short position on Hyperliquid has decreased from $211.53 million to $80.48 million, currently holding $80.48 million short and $5.51 million long positions, with HYPE short increasing from $5.6 million to $10.2 million and unrealized profit or loss of $568800. （Onchain Lens）

According to Bitcoin.com News, Tom áš Ji ří kovsk ý, the defendant in the Czech cryptocurrency money laundering case, has released his first signal of cooperation with the investigation. The Brno City Court has ruled that Tom áš Ji ří kovsk ý will continue to be detained, and the prosecution seeks to sentence him to up to 20 years in prison and confiscate $44 million in Bitcoin assets.

HSBC Hong Kong requires existing investment clients in mainland China to submit a "Declaration Form for Opening/Maintaining Accounts" and update their contact information through the HSBC Hong Kong App before September 12th, which includes confirming that the investment funds come from legal sources outside mainland China. If the submission is not made before August 20th, investment services may be suspended; If not submitted before September 12th, investment services may be terminated. A spokesperson for HSBC Hong Kong told Interface News that this requirement aims to comply with regulatory and KYC requirements. The Hong Kong Monetary Authority issued monitoring measures in May this year regarding the opening and maintenance of investment accounts.

[First Abu Dhabi Bank: Federal Reserve Chair Kevin Warsh May Discuss Communication Reforms at Jackson Hole] According to Jin10 reports, analysts at First Abu Dhabi Bank stated that Federal Reserve Chair Kevin Warsh is expected to share his views on reforms to the Fed's communication mechanisms, forward guidance, balance sheet, and forecasting framework at the Jackson Hole symposium. He may also focus on macro topics such as productivity, demographics, artificial intelligence, or elaborate on the economic outlook.