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Tesla Ride-Hailing Service Officially Launched in the San Francisco Bay Area

20 hours ago

On July 31st, Musk tweeted that the hailing service within the Tesla Robotaxi app had officially been launched in the San Francisco Bay Area. Apart from Austin, it now encompasses a broad area ranging from the north of the Golden Gate Bridge to the south of San Jose.
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A Whale in a Certain Circle Rebuys 20,000 ETH, Worth Around $74.06 Million

On August 1st, according to EmberCN's monitoring, a whale trader who has cumulatively made a profit of $73.96 million in ETH trades has begun to purchase ETH again. In the past 4 hours, this address transferred 173 million USDT to Wintermute and then received 20,000 ETH, which is approximately worth $74.06 million. The whale previously bought 132,000 ETH in June at an average price of $2540 and sold 113,600 ETH in July at an average price of $2923, realizing a profit of $43.5 million. Currently, this address holds 40,000 ETH with an average holding price of $3121.

27 minutes ago

Ethereum August Historical Returns: rose 3 times and fell 6 times since 2016, with an average return of 5.5%

August 1st. According to Coinglass data, within Ethereum's history, among the 9 "August" price movements since 2016, there were 3 instances of increase and 6 instances of decrease. The most significant monthly increase took place in August 2017, with a gain of 92.86%; the most substantial monthly decrease occurred in August 2018, with a decline of 34.79%. From 2016 up to the present, Ethereum's average rate of return during "August" is 5.5%, and the median rate of return is -4.54%.

27 minutes ago

A Whale Once Again Goes Long on ETH and BTC with High Leverage, Total Position Value Exceeds $41 Million

August 1st. According to LookOnChain's monitoring, a whale with a total profit of over $62 million on Hyperliquid began to take a long position again 30 minutes ago. Specifically: It longed 25 times of ETH, with a position worth $14 million and an entry price of $3,705. It longed 40 times of BTC, with a position worth $27 million and an entry price of $115,629.9.

27 minutes ago

Bitcoin August Historical Return: 4 Rises, 8 Falls since 2013

On August 1st, based on Coinglass data, among the 12 "August" markets in Bitcoin's history since 2013, there were 4 gains and 8 losses. The largest increase took place in August 2017, with a monthly gain of 65.32%. The largest decrease occurred in August 2015, with a monthly loss of 18.67%. From 2013 to the present, the average return rate of Bitcoin in "August" markets is 1.75%, and the median return rate is -8.04%.

27 minutes ago

U.S. publicly traded company Intchains Group partners with FalconX to expand ETH strategic reserve

On August 1st, Intchains Group (ICG), a company listed in the US, announced a partnership with FalconX. This partnership is intended to expand its ETH strategic reserve. The goal is to enhance the efficiency of ETH acquisition and launch structured ETH yield products.

27 minutes ago

Standard Chartered: Targeting to Submit Hong Kong Stablecoin License Application Soon

August 1st. According to a report by Radio Television Hong Kong, the CEO of Standard Chartered in Hong Kong, Greater China, and North Asia stated that the group is still in the process of studying the newly released stablecoin-related documents by the Hong Kong Monetary Authority. With the implementation of the Stablecoin Regulations, Standard Chartered is exploring possible options and use cases with the goal of submitting a stablecoin license application as soon as feasible.

27 minutes ago