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8/10
23:52
Data from the analytics firm Santiment shows that the number of wallets holding at least 10,000 Bitcoin has risen back to 90, reaching a six-month high. Over the past eight weeks, the number of these "whale" wallets has increased by 6, a 7.1% rise. This trend builds on a broader accumulation trend first identified four days ago. Since July 29, wallets holding between 10 and 10,000 Bitcoin (whales and sharks) have accumulated $1.5 billion worth of Bitcoin. Santiment notes that this pattern of large players accumulating while smaller holders sell increases the likelihood of Bitcoin's price breaking above $70,000 rather than falling below $60,000. Meanwhile, "micro" wallets have been steadily decreasing throughout August. Santiment links this divergence to two recent uncertainties: the Coldcard hardware wallet exploit that led to approximately $120 million in Bitcoin being stolen, and the ongoing delay of the U.S. Clarity Act, which has been postponed by the Senate until September. These trends suggest that Bitcoin is undergoing a classic supply rotation, moving from smaller holders to the largest investors, often referred to as "strong hands." Historically, such concentration among large holders has often preceded significant price movements, and Santiment believes that the latest rotation increases the probability that the next major price move will be an upward breakout.
23:36
According to the latest research by Fabrizio Serafini, an early AI investment partner at a16z, the completion rate of the current optimal AI Agent in standard computer operation benchmarks has reached 85% (as of June 2026), surpassing human testers' level of approximately 72%. At the same time, the full operating cost of an AI Agent is about $6 to $8 per hour, which is lower than the approximately $10 for Indian offshore BPO labor, and over 70% lower than the $30 to $45 for US domestic back-office employees. The research points out that this dual inflection point, both technological and economic, is reshaping the enterprise back-office process outsourcing (BPO) market, and the investment value洼地 has shifted from the model layer to the application and context layers.
23:15
The Japanese Yen, after rebounding from a near 40-year low of 164 against the US dollar to 155, has weakened again and is currently trading at 159.28. The market generally believes that the impact of the recent joint intervention was weakened by the non-participation of the European Central Bank (ECB) in the coordination, and that any exchange rate intervention would be difficult to sustain without a corresponding interest rate hike by the Bank of Japan (BOJ). Traders are currently pricing in about a 50% probability of a 25 basis point rate hike by the Bank of Japan (BOJ) in September, while analysts at Mizuho Securities and Barclays lean towards an October or December hike, believing the threshold for a September move is high. The Bank of Japan (BOJ)'s July meeting minutes showed that some members believed the pace of rate hikes could be faster than market expectations.
23:02
Colombia's Foreign Ministry announced on Monday its recognition of Israeli sovereignty over the occupied Syrian Golan Heights, citing Israel's right to protect itself against external threats. This move, made just days after far-right President Abelardo de la Espriella took office, makes Colombia only the second country, after the United States, to formally recognize Israel's 1981 annexation of the territory. The United Nations continues to recognize the region as part of Syria.
22:27
According to technology media The Information, payment giant Stripe's acquisition talks with AI routing startup OpenRouter have entered an advanced stage, with the deal valued at approximately $10 billion. This news has triggered a chain reaction in the technology industry, bringing AI routing technology into focus. The technology aims to help companies optimize costs by intelligently switching between different AI models. Following the news, major tech companies such as Snowflake, Cloudflare, Vercel, and Baseten have all contacted routing startups to explore possibilities for cooperation, investment, or acquisition. Databricks had previously negotiated with OpenRouter and launched its internal routing product in June. In addition, Meta's AI incubator is developing an internal routing tool called Switchboard, and Ramp, Cursor, CoreWeave, and Palantir have also launched their respective routing products, demonstrating the giants' parallel strategy of building and acquiring in the AI routing domain.
22:25
The deal is reportedly with Anthropic and includes two five-year extension options that could raise the potential contract value to $16.1 billion.
22:25
South Korea's Trade Ministry held a meeting on Tuesday with the Ministry of Climate, Energy and Environment, Samsung Electronics, OCI Company (a key materials supplier), and other related companies to discuss the impact of U.S. tariffs on polysilicon and possible countermeasures. The meeting, presided over by Deputy Trade Minister Park Jung-sung, aimed to minimize the impact of Washington's tariffs.
22:16
China's A-share commercial aerospace concept stocks collectively fell in early trading on August 11, with China Satellite's share price nearing the daily limit down, and both Chaojie Co., Ltd. and Ruixin Materials experiencing declines of over 10%.
22:14
The Hong Kong index compiler plans to increase the number of Hang Seng Tech Index (HSTECH) constituents from 30 to 50. Under the proposed dual-selection framework, the top 40 stocks will be chosen by market capitalisation, while the remaining 10 will be picked based on revenue.
21:52
Bloomberg reported that regional crude oil inventories at independent refineries in Shandong province, China (i.e., "teapots"), are decreasing, which could incentivize them to increase purchases of Iranian crude. According to Energy Aspects, inventories in the Shandong region have fallen to 360 million barrels, the lowest level in eight months. This move would provide a much-needed boost for Iran after a period of slow sales.
20:48
South Korea's exports rose 45.3% year-on-year to $21.3 billion in the first 10 days of August, driven by strong global demand for memory chips. This marked the highest amount ever recorded for the period. Imports also increased by 23.1% year-on-year to $19.5 billion.
20:29
Tencent Holdings Ltd.'s early success with WorkBuddy may give the Chinese internet giant a chance to catch up after lagging peers in the artificial intelligence race for the past few years.
20:20
Sean Johnstone, a TMT expert for Europe at Goldman Sachs, pointed out in his latest report that HBM (High Bandwidth Memory) and DRAM orders are sold out until 2027, with long-term agreements having price floors and gross margins remaining in the mid-to-high 70% range. He stated that structural AI demand will continue to tighten supply until 2028. However, he also noted that the month-over-month increase in memory chip prices has slowed, and is expected to peak in Q2-Q3 2027, followed by a potential mild and slight decline. Memory costs in NVIDIA's next-generation "Vera Rubin" superchip already account for approximately 62% of the overall bill of materials, and NVIDIA is evaluating HBM stacking solutions with fewer layers to reduce costs. Additionally, Apple is testing products from Chinese memory chip manufacturer CXMT to alleviate memory supply pressure caused by AI demand.

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