Market News: Warle Emerges as a Top Contender for Fed Chair in Trump Administration

On August 8th, OpenAI released a more powerful GPT-5 model for programming and writing. (Financial Times)

On August 8th, according to HTX market data, Bitcoin dropped below $116,000 and is currently priced at $115,959, with a 24-hour price change of 0.84%.

On August 8th, according to HTX market data, BIO has surpassed $0.1 and is currently priced at $0.1003, with a 24-hour increase of 65.67%.

On August 8th, based on Arkham's monitoring, a certain whale address has accumulated a total of $314.22 million worth of Ethereum (ETH) within the past three days. Currently, it is valued at $332.1 million, resulting in a floating profit of $17.88 million.

August 8th. According to The Block, Euphoria, an upcoming MegaETH-based encrypted derivative trading application, has successfully completed a $7.5 million seed round of financing. The lead investor in this round is Karatage, and there are follow-on investments from Figment Capital and Robot Ventures (both of which were joint lead investors in the earlier seed round). Other participants include Bankless Ventures, First Commit, Hash3, Comfy Capital, and Kosmos Ventures, as well as more than 100 angel investors. Euphoria's co-founder and CEO, Nathan Worsley, stated that this $7.5 million financing includes a $2.5 million pre-seed round completed in November 2024 and a $5 million seed round completed from February to July of this year. The financing was carried out using Simple Agreement for Future Equity (SAFE) with attached token warrants. After the financing, Euphoria's post-money valuation reaches a "seven-figure ceiling." It is reported that Euphoria is developing a mobile applicat

On August 7th, based on Coinglass data, the total 24-hour liquidation across the network amounted to $274 million. The long liquidations totaled $58.19 million, while the short liquidations totaled $216 million.