Ethereum Market Cap Surpasses Mastercard, Netflix

On August 11th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the whale/institutional address "0x395...45500" has been accumulating a total of 68,000 ETH since June 22nd. The average price during this period was $2,597, resulting in an unrealized gain of $115 million. This address has been steadily accumulating ETH from $2,284 all the way up to the current $4,302. Additionally, it just withdrew 8,745 ETH from Binance in the past 5 minutes.

On August 11th, Trump made a post on Truth Social saying that all markets have reached new highs and are now even higher than ever before. Paul Krugman of The New York Times had been predicting that the stock market would decline, and he had been wrong consistently for years, which led people to stay away from the "greatest market in history."

August 11th: The prominent NFT project, Pudgy Penguins, declared a strategic partnership with China's premier toy and lifestyle enterprise, Suplay. This marks another significant milestone in the amalgamation of digital and physical collectibles markets. This collaboration will utilize Suplay's prowess in manufacturing and distribution to extend Pudgy Penguins' beloved characters, which are already present in an extensive retail network, into a diverse range of physical products such as collectible cards, blind boxes, and licensed merchandise. Pudgy Penguins has already constructed a robust global retail distribution system, encompassing over 10,000 stores and forming profound partnerships with retail behemoths like Walmart, Target, and Amazon. The project has garnered over 500 billion GIPHY views, 5 billion+ TikTok video views, and achieved $10 million in retail sales. On the other hand, Suplay is a leading entity in China's toy culture sector, backed by Mihayo Capital, and has raise

On August 11th, the AI L1 network Nesa announced the commencement of an on-chain reputation system that is driven by deep reinforcement learning. Nesa has introduced a system composed of three control loops - request-based routing, hot-swapping and capacity rebalancing, as well as miner-level evolution.

August 11th. According to an official announcement, Binance Savings declared that starting from 08:00 on August 11th, 2025, and ending at 07:59 on September 10th (in UTC+8 time zone), the platform will launch a time-limited USDC Principal-Protected Earn Activity. This gives users the chance to earn an annualized return of up to 12%. The subscription method is on a first-come, first-served basis. During this activity, users who subscribe an amount not exceeding 100,000 USDC can enjoy a 12% annualized yield. This includes approximately 10% in tiered returns and around 2% in real-time returns. For amounts exceeding 100,000 USDC, the calculation will be based on approximately 2% real-time return. Earnings are divided into two parts: tiered returns that are distributed daily to the spot account and real-time returns calculated by the minute and credited to the savings account, providing both stability and flexibility. The USDC Principal-Protected Term Deposit product supports a minimum su

On August 11th, based on 8market data, Bitcoin's market capitalization exceeded that of Amazon and reached $2.45 trillion, rising to the 6th position in the global asset market capitalization rankings.