AICoin Daily Report (August 24)

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5 hours ago

1. Trump Media Technology Group Becomes the Eighth Largest Holder of Bitcoin Globally

According to @peterizzo, Trump Media Technology Group (DJT.O) currently has Bitcoin reserves worth billions of dollars, making it the eighth largest holder of Bitcoin in the world. -Original

2. Eric Trump Expects Bitcoin to Reach $175,000 This Year

Eric Trump stated that he is a "Bitcoin enthusiast" and expects Bitcoin to reach $175,000 this year, as reports indicate new investments from Japan and Hong Kong. -Original

3. Bitcoin Whale Deposits 5,000 BTC to Exchange for ETH, Significantly Increases Holdings

On August 24, an ancient Bitcoin whale deposited 5,000 BTC (approximately $575 million) into Hyperliquid to exchange for ETH. Currently, it holds 179,498 ETH (approximately $851 million) and maintains a long position of 135,265 ETH (approximately $641 million). -Original

4. BlackRock BUIDL Fund Reaches $2.38689 Billion

According to on-chain data, the BlackRock BUIDL fund has reached a size of $2,386,895,205, with the current number of holders at 88 (targeting institutional investors, with a minimum threshold of $5 million), and a management fee of 0.20-0.50%. -Original

5. ETHZilla Raises Fundraising Target to $10 Billion to Support ETH Purchases

According to a post by Strategic ETH Reserve on X platform, the Nasdaq-listed Ethereum treasury company ETHZilla has revised its previous sales agreement with Clear Street, involving a prospectus supplement and the issuance of common stock with a par value of $0.0001 per share. Under the revised sales agreement, the company can raise up to $10,000,000,000 through the issuance and sale of common stock to support its continued purchase of ETH. -Original

6. European Central Bank Considers Running Digital Euro on Public Blockchain

European officials are now considering running the digital euro on public blockchains like Ethereum or Solana, rather than the previously anticipated private blockchain due to privacy concerns. Prior to this, the European Central Bank had conducted years of research exploring the potential launch of a digital euro. EU officials are now worried that U.S. legislation will further drive the growth of dollar-denominated token usage, necessitating the launch of a digital euro to protect the euro's dominance across the European continent. -Original

7. Whale Closes XPL Long Position and Shorts WLFI, While Holding Large ETH Long Position

According to MLM data, a whale deposited $12 million into a newly created wallet on Hyperliquid, closing a $3 million long position in XPL using a TWAP method while shorting $1.5 million in WLFI, causing the XPL funding rate to drop to -0.0040% (annualized -35%). The wallet still holds a $40 million long position in ETH and a $11 million long position in SOL. -Original

8. OKX Announces Launch of WLFI Pre-Market Perpetual Contract

OKX will launch the WLFI pre-market perpetual contract, with the opening time set for 2025-08-23T13:00:00 (UTC), with leverage ranging from 0.01 to 10 times. Notes: - The pre-market trading market price may not accurately reflect the actual issuance price of the new token, and there is a risk of price volatility. - The project party has not yet determined the final token issuance plan, and the total issuance amount is uncertain. - OKX does not guarantee that the pre-market perpetual contract token will eventually be listed in spot trading. -Original

The above are the highlights from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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