Morgan Stanley's Bitcoin ETF receives 51.58 BTC from Coinbase Prime

[BTC spot main traded 8 large orders with a total amount of 13.7 million US dollars!] Frequent fund activity in a short time hints at shifting market sentiment, with potential for further surprises ahead.

Goldman Sachs maintains its forecast of $4900 per ounce for gold prices by the end of 2026 and believes that the forecast faces a net upward risk. Goldman Sachs stated that the sustained strong demand from central banks, the recovery of ETF fund inflows, and the continued holding of call options may push gold prices beyond forecasts; If the expectation of the Federal Reserve raising interest rates heats up, traders hedging and closing positions may lead to a sharp correction in gold prices. (Source: Federal Reserve)

The White House is studying the use of the Defense Production Act to expand US refining capabilities in response to global crude oil supply risks and high oil prices. The proposal was discussed at a meeting between Trump and nearly 12 American refineries, and a final decision has not yet been made. Refinery executives suggest that federal funds be used to improve the efficiency of existing refineries, which currently have a utilization rate of 98% in the United States. The national average diesel price in the United States has risen above $6 per gallon for the first time, while gasoline prices remain high. The White House is evaluating plans for regulatory reform, accelerated approval, and increased investment. (Source: Reuters)

Caroline Ellison, former CEO of Alameda Research, joined the non-profit charity Manifund, responsible for developing donation platforms and strengthening charitable work. Caroline Ellison previously pleaded guilty to $1 million in customer losses caused by the collapse of the FTX exchange and will begin serving her sentence in November 2024. Manifund co-founder Austin Chen stated that Caroline Ellison has served her sentence in prison and is working hard to repay her creditors.

Trump and Musk plan to invest tens of millions of dollars to support Republican candidates who are at a disadvantage in the 2026 midterm elections.