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8/17
04:48
Yusuf Fakhro, partner at ARP Digital, noted that US spot Bitcoin ETFs saw inflows of over 14,000 Bitcoin in the five days ending August 7, marking the strongest inflow period since May. The third quarter has already recorded net inflows of approximately 11,000 Bitcoin, reversing the outflow of 110,000 Bitcoin in the latter half of the second quarter. Fakhro believes that institutional selling has turned into buying, and with spot trading volumes at a two-and-a-half-year low, perpetual contract trading volumes at a three-year low, and volatility near multi-year troughs, such strong demand occurring when market attention is low is often a sign of a lasting bottom forming.
04:35
Germany's automotive industry saw a 5.8% decline in employment in the year to the end of June, reaching its lowest level since 2005. This is attributed to falling profits in China and increasing competition from Chinese brands in Europe. Industry groups have warned of further job losses.
04:32
The talks aim to advance a 15-point Gaza plan that Israel had previously rejected. The day before, Kushner had a rare meeting with Hamas leaders in Egypt to discuss translating roadmap obligations into concrete and verifiable steps. The plan, proposed by the US-led "Peace Committee," aims for Hamas to gradually disarm and transfer governance of the Gaza Strip to an international force, in exchange for the withdrawal of Israeli forces from Gaza. Netanyahu publicly rejected the plan due to his opposition to this clause, while Hamas stated its acceptance, but only if Israel first fulfills its commitments, including troop withdrawal and cessation of attacks.
04:21
Goldman Sachs Chief Economist Jan Hatzius told clients that the firm lowered the odds of a September Federal Reserve interest-rate increase in response to a string of soft economic data, specifically retail sales and employment figures, alongside slowing inflation. This provides a potential major tailwind for bitcoin, which has traded in a narrow range since early July.
04:09
Investors lowered their expectations for Federal Reserve interest rate hikes after weak retail sales data in July, leading to lower U.S. government bond yields.
04:08
The Bank of Japan (BOJ) stated in its July 2026 "Outlook for Economic Activity and Prices" report that it would continue to raise interest rates and adjust the degree of monetary easing in response to changes in economic activity, prices, and financial conditions. The central bank will consider the timing and pace of adjustments while reviewing the likelihood of the baseline scenario being realized and its risks, emphasizing the critical importance of stabilizing core CPI inflation around 2%.
04:08
The Bank of Japan (BOJ) stated in its July 2026 "Outlook for Economic Activity and Prices" report that the Japanese economy is likely to continue growing moderately, albeit at a slower pace, supported by AI-related demand and government measures, but dragged down by rising crude oil prices due to the situation in the Middle East. The report projects that the year-on-year CPI growth rate could be significantly above 2% in the second half of fiscal year 2026, influenced by rising semiconductor prices, a weaker yen, and higher crude oil prices, and is expected to converge around 2% by fiscal year 2028.
03:02
Analysts at Deutsche Bank published a research report on Monday, raising the target price for Chinese autonomous driving company Momenta, calling it the "world's largest independent autonomous driving solution provider," particularly excelling in urban "Navigate on Autopilot" (NOA). Meanwhile, another Chinese autonomous driving company, Pony.ai, is collaborating with Uber to expand its robotaxi service deployment in Europe, signaling the growing recognition of Chinese autonomous driving technology in the European market.
02:59
SK Group Chairman Chey Tae-won and TerraPower Chairman Bill Gates have met twice over the past year, expanding their companies' relationship beyond investment into a strategic partnership. They recently discussed next-generation nuclear power and energy demand from AI data centers, aiming to address the soaring electricity demand in the AI era.
02:46
The Beijing-based company, already listed on Shenzhen's ChiNext board since 2011, is offering 31.29 million H shares at up to HK$102.80 each. Trading is expected to commence on August 25.
02:34
Indian financial institutions have sold a record $8 billion in dollar bonds so far this year, as lenders rush to capitalize on a central bank facility that lowers hedging costs on overseas borrowings.
01:57
The rise was supported by a weaker dollar, as softer US data reduced expectations for Federal Reserve tightening, spurring demand for risk assets.
01:54
South Korea's Supreme Court on Wednesday ruled that Samsung Securities must pay approximately 186 million Korean Won (about 1.31 million USD) in damages to the National Pension Service (NPS), upholding the lower court's decision. This ruling stems from Samsung Securities' "ghost stock" scandal in 2018 and emphasizes that failures in a brokerage firm's internal controls can lead not only to regulatory penalties and trading losses but also to civil liability to investors. The NPS had initially sought 29.9 billion Korean Won in compensation.
01:53
CoinDesk analysis points out that the total open interest (OI) in the Bitcoin futures market has reached $48 billion, while the 24-hour trading volume is only $25 billion. This phenomenon, where open interest significantly exceeds trading volume, could lead to a liquidity trap and sharp price fluctuations. Blockchain analytics firm Glassnode states that when open interest is much higher than daily trading volume, forced liquidations will be difficult to absorb, thereby amplifying adverse price movements. Furthermore, the 24-hour trading volume in the spot market is only $12.55 billion, further exacerbating the risk of potential price volatility.
01:33
Ghalibaf's remarks come as a 60-day US-Iran Memorandum of Understanding (MoU) agreement is set to expire.
01:32
Analysts point out that Japanese automakers are facing a dual risk from the Iran war and the appreciation of the Japanese Yen. Previously, companies like Toyota, Honda, and Nissan benefited from the Yen's historic weakness, but a joint intervention by the US Treasury Department and Japan's Ministry of Finance in early August caused the Yen to strengthen against the US Dollar after falling below 163. Analysts state that every 1% change in the Yen typically affects Japanese automakers' operating profits by about 2%, and for some car companies, it can be as high as 4%. This will force them to choose between raising prices in overseas markets or facing pressure on their profits. Furthermore, the Middle East conflict could lead to supply chain disruptions and increased costs. The Strait of Hormuz and the Red Sea are critical shipping lanes, and Japanese automakers rely on petrochemical products such as aluminum and naphtha. The rise in raw material costs (including naphtha, resins, memory chips, aluminum, copper, and steel) will have a widespread negative impact on the industry's profitability.
01:09
CZ admitted he misjudged the "Ignore coins" feature on Trust Wallet, noting that several users found it useful. The Trust Wallet team acknowledged the feedback, stating the feature already exists but is "buried 5 clicks deep," and CZ anticipates they will make updates to it soon.

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